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US to cut 10% of air traffic if shutdown persists

The Trump administration announced on Wednesday that it would cut 10 percent of air traffic in 40 of the nation’s busiest markets, in a move that analysts said would force airlines to cancel thousands of flights while the administration tries to force Democrats to end the government shutdown.

1 min  |

November 07, 2025

Business Standard

RIL to sell cargoes of West Asian crude oil

Reliance is attempting to resell some West Asian crude it snapped up last month to replace Russian oil because of Western sanctions, trade sources said.

1 min  |

November 07, 2025
Business Standard

Business Standard

Apollo Hospitals Q2 net up 26%

Leading hospital chain Apollo Hospitals Enterprises Ltd (AHEL) has posted a consolidated net profit of 477 crore during the second quarter this financial year, up 26 per cent from %379 crore during the same period last financial year.

2 min  |

November 07, 2025

Business Standard

MSCI adds four Indian stocks to flagship index

Global index provider MSCI announced it will add four domestic companies — including Fortis Healthcare and Paytm—to its Global Standard indices.

1 min  |

November 07, 2025

Business Standard

IBC vs PMLA: RPs hope for timely resolution

The latest circular by the insolvency regulator to resolve the longstanding friction between Insolvency and Bankruptcy Code (IBC) and the Prevention of Money Laundering Act (PMLA) has provided a clear direction to resolution professionals (RPs) but experts believe that its effectiveness would depend on legislative amendment or judicial pronouncement.

1 min  |

November 07, 2025

Business Standard

NITI panel calls for reset of over 200 quality orders

However, with a surge in QCOs over the past five years, the domestic industry has repeatedly flagged the growing compliance burden, particularly on MSMEs, as the orders now extend beyond finished goods to cover key industrial inputs. For instance, the committee observed that restrictions on polyester fibre and yarn and high-grade steel have forced several plants to operate below capacity, raised input costs, and hurt exports.

1 min  |

November 07, 2025
Business Standard

Business Standard

AI in weather forecasting? IMD says not quite there yet

Pilot projects show promise but also reveal gaps, especially in predicting how intense storms and rainfall will be

2 min  |

November 07, 2025

Business Standard

Adani arm signs MoU for Aus copper unit

Adani Enterprises’ subsidiary Kutch Copper (KCL) and Australian Securities Exchange-listed Caravel Minerals on Thursday signed a nonbinding memorandum of understanding (MoU) for a collaboration on the Caravel Copper Project in Western Australia’s Murchison region, for an undisclosed amount, according to a joint statement.

1 min  |

November 07, 2025

Business Standard

Sebi mulls more IPO reforms

Streamlined share-pledge rules, simpler offer documents in the works

2 min  |

November 07, 2025

Business Standard

SBI breaks into $100 bn mcap club

After hitting $100 billion in market capitalisation (mcap) on Thursday, India’s largest lender State Bank of India (SBI) has now set its eye to break into the league of top 10 global banks, SBI Chairman CS Setty said.

1 min  |

November 07, 2025

Business Standard

AI, cost cuts fuel most Oct layoffs in US since 2003

US companies announced the most job cuts for any October in more than two decades as artificial intelligence reshapes industries and cost-cutting accelerates, according to data from outplacement firm Challenger, Gray & Christmas Inc.

1 min  |

November 07, 2025

Business Standard

Zydus PAT rises 38% on strong India, US growth

Zydus Lifesciences posted a 17 per cent year-on-year (Y-0-Y) rise in revenue from operations to %6,123 crore, while the net profit increased by 38 per cent to 1,258.6 crore aided by consistent performance in the US and India formulations businesses.

1 min  |

November 07, 2025

Business Standard

State exports fortified rice to Costa Rica

India has exported its first consignment of fortified rice kernels (FRK) from Chhattisgarh to Costa Rica

1 min  |

November 07, 2025

Business Standard

Govt to provide free seeds to 1 mn farmers

The Uttar Pradesh government will distribute free pulses and oilseeds to nearly a million farmers for the current rabi season.

1 min  |

November 07, 2025

Business Standard

LIC Q2 profit surges 32% to ₹10,053 cr

The net profits of Life Insurance Corporation (LIC), a state-owned company, in July-September increased 31.92 per cent year-on-year (Yo-Y) to ₹10,053.4 crore, supported by growth in its core business and investment income and a decline in expenses.

2 min  |

November 07, 2025
Business Standard

Business Standard

Yes Bank: A collective win

How in saving Yes Bank, India’s financial system reaffirmed its ability to act with purpose

4 min  |

November 07, 2025

Business Standard

Despite digitisation, India will need more banks: DFS secy

India will require more banks to meet the country’s growing credit and inclusion needs as it moves toward becoming a developed economy by 2047, the Department of Financial Services (DFS) Secretary M Nagaraju said on Thursday.

1 min  |

November 07, 2025

Business Standard

Trump tariffs face top court’s scepticism, unclear future

US Prez warns of global depression without levies; claims case ‘went well’

2 min  |

November 07, 2025

Business Standard

Ola Electric's auto biz logs first ever operating profit

Ola Electric said on Thursday its auto business for the first time reported an operating profit in the second quarter of the financial year (Q2 FY26), hailing the performance as a milestone in its efforts for financial sustainability.

1 min  |

November 07, 2025

Business Standard

Trump, Mamdani spar after historic NYC mayor election results

Zohran Mamdani is set to take on what's considered the second-hardest job in the US: running New York City. His biggest challenge will be dealing with the man with the tougher job, US President Donald Trump.

2 min  |

November 07, 2025

Business Standard

Google integrates its LLM with Maps

Google Maps on Thursday announced the integration of Google’s large language model (LLM) Gemini into Maps, enabling users to receive a comprehensive summary of restaurants, shops, and other listings during navigation.

1 min  |

November 07, 2025

Business Standard

Porting health insurance? Here's what you should watch out for

Health insurance portability allows you to move from one insurer to another without losing accrued benefits, such as waiting period credits.

1 min  |

November 07, 2025
Business Standard

Business Standard

'Countries looking to India's energy transition experience for lessons'

Hurricane Melissa was ravaging the West Indian island of Jamaica the day Arunabha Ghosh, and CEO of Council on Energy, Environment and Water (CEEW) a Delhi-based think tank, speaks to $ Dinakar in a video interview.

3 min  |

November 07, 2025

Business Standard

Nexus Select bullish on consumption growth

Blackstone-backed Nexus Select Trust, bullish on consumption growth across its malls, is eyeing a double-digit asset compound annual growth rate (CAGR) for asset value in its portfolio that’s currently worth %29,000 crore, amid its strong mall assets acquisition pipeline, a senior executive said.

1 min  |

November 07, 2025

Business Standard

Delhi HC slams Patanjali over chyawanprash ad

The Delhi High Court on Thursday objected to the use of word dhokha (fraud) in a commercial being run by Patanjali Ayurved in which the Ramdev-led firm claimed that all chyawanprash products, except its own, were dhokha.

1 min  |

November 07, 2025

Business Standard

The learning curve

QS rankings reflect gaps in education governance

2 min  |

November 07, 2025

Business Standard

Cashflow concerns may keep Hindalco under pressure

The hike in capex projections at Novelis and the fire at one of its plants have impacted its parent Hindalco’s stock price adversely.

3 min  |

November 07, 2025

Business Standard

Bank unions protest FM's privatisation 'endorsement'

The United Forum of Bank Unions (UFBU), an umbrella body representing nine trade unions of officers and workmen across the banking sector, has objected to what it termed as Finance Minister (FM) Nirmala Sitharaman’s “implied endorsement” of bank privatisation during her address at the Delhi School of Economics earlier this week.

1 min  |

November 07, 2025

Business Standard

APM-Maersk charts 'bold' India plan

Is APM Terminals looking at expansion in India?

4 min  |

November 07, 2025

Business Standard

Apple to dial up India output to $28 bn

Buoyed up by strong growth in exports during the first half (H1) of this financial year, Apple Inc, based on discussions with the government, is aiming for a production free-on-board value of $28 billion in India — including both exports and domestic sales — for 2025-26 (FY26).

1 min  |

November 07, 2025