CATEGORIES

Proving mettle: Nifty metal index up 40% in 6 months
Business Standard

Proving mettle: Nifty metal index up 40% in 6 months

Stock run-up mainly driven by tighter supplies in the global markets

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3 mins  |
May 07, 2024
Business Standard

File tax return in mid-June, once all necessary info is available

Only taxpayers with single source of income or simple finances should file early

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3 mins  |
May 07, 2024
FPI shareholding in NSE firms at lowest in 11 yrs
Business Standard

FPI shareholding in NSE firms at lowest in 11 yrs

Gap between the shareholding of FPls, DIls narrows to a new low of 163 bps

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2 mins  |
May 07, 2024
Business Standard

RBI loan norms singe PSU banks, infra financiers

Under proposed rules, lenders will have to allocate up to 5% for under-construction infra project financing

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2 mins  |
May 07, 2024
Business Standard

Every rupee invested in agri research yields ₹13.85: Study

A s investment in agriculture research decelerated between 2011 and 2022, a recent working paper has revealed that every rupee invested in agricultural research yields a return of nearly 13.85, surpassing returns from all other activities linked to farming.

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2 mins  |
May 07, 2024
Marine heat causes record-high coral bleaching in Lakshadweep
Business Standard

Marine heat causes record-high coral bleaching in Lakshadweep

Extreme heat on the Indian coast and marine heatwave have caused record-high bleaching events, impacting the coral reefs in the Lakshadweep Sea.

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1 min  |
May 07, 2024
Business Standard

Govt to go all out on solar to meet power demand

The Rajasthangovernment is looking to increase dependence on solar energy from the current 12-14 per cent to over 40 per cent of consumption by 2030 to bridge the power gap.

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1 min  |
May 07, 2024
₹45K cr boost on cards for cargo
Business Standard

₹45K cr boost on cards for cargo

UTTAR PRADESH VIRENDRA SINGH RAWAT Lucknow,6 May The Uttar Pradesh (UP) government has earmarked nearly 45,000 crore for investments in highways and tertiary roads in the current financial year 2024-25 (FY25).

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1 min  |
May 07, 2024
BJD obstructed Centre's schemes in Odisha: PM
Business Standard

BJD obstructed Centre's schemes in Odisha: PM

Prime Minister (PM) Narendra Modi on Monday said the people of Odisha would in June gett their first Bharatiya Janata Party (BJP) chief minister (CM) who speaks Odia and understands the state's culture, in an apparent dig at Biju Janata Dal (BJD) chief and CM Naveen Patnaik.

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1 min  |
May 07, 2024
A tough time for portfolio managers
Business Standard

A tough time for portfolio managers

Markets are going through a major shift in style and leadership, akin to the 2003-08 bull run

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5 mins  |
May 07, 2024
Business Standard

A turbulent political life

IN fthere is a state in India where politics is both complex and -perplexing, it is Odisha.

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4 mins  |
May 07, 2024
Business Standard

Prioritise trade New markets and harmonised regulations necessary

The Reserve Bank of India (RBI) has released the data for services exports over the course of 2023-24, and there are lessons that the next government should draw for its trade policy.

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2 mins  |
May 07, 2024
Business Standard

The absence of a quality mindset

\"It took several years of bad publicity - ranging from non-standard quality (NSQ) drugs and counterfeit medicines being sold freely in the domestic market to pharmaceuticals exported by Indian firms resulting in hundreds of deaths across multiple countries—before the Indian drug regulator decided to act.

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3 mins  |
May 07, 2024
Macron, EU chief press Xion trade in Paris talks
Business Standard

Macron, EU chief press Xion trade in Paris talks

China working vigorously’ to facilitate Ukraine peace talks, says Xi

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1 min  |
May 07, 2024
Israel strikes Rafah city after evacuation order
Business Standard

Israel strikes Rafah city after evacuation order

Hamas says any operation in Rafah will not be 'picnic' for Israeli forces

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1 min  |
May 07, 2024
At $2 mn/min, US Treasuries mint cash like never before
Business Standard

At $2 mn/min, US Treasuries mint cash like never before

For the first time in nearly a generation, fixed income is living up to its name.

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2 mins  |
May 07, 2024
Business Standard

Tensions rise in Silicon Valley over sales of startup stocks

The market for shares of startups like SpaceX and Stripe is projected to reach a record $64 bn this year

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3 mins  |
May 07, 2024
Business Standard

CBDC pilot programmes for CPs, CDs likely: RBI governor

Das says permanent deletion of transactions can make e-rupee anonymous

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2 mins  |
May 07, 2024
Services PMI eases to 60.8 in Apr, shows HSBC survey
Business Standard

Services PMI eases to 60.8 in Apr, shows HSBC survey

But services sees buoyant domestic demand, new global biz gains

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2 mins  |
May 07, 2024
Rail freight up 1.4%; coal cargo falls 8% on cooler April in north, west India
Business Standard

Rail freight up 1.4%; coal cargo falls 8% on cooler April in north, west India

Indian Railways in April rang up a tepid 1.45 per cent growth rate in its freight volumes, dragged down by weak numbers in coal transportation.

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1 min  |
May 07, 2024
Business Standard

EAR TO THE GROUND - In Mainpuri, a grilling test of Mulayam's legacy

A 2000-bed hospital and medical university, theme parks, shopping complexes, large educational institutes, and even an airstrip: Saifai appears to be a vibrant city in a village-like setting.

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3 mins  |
May 07, 2024
Key seats, battle of prestige in Phase-III vote today
Business Standard

Key seats, battle of prestige in Phase-III vote today

BJP logged strong performance in these seats in last election; PM likely to cast vote at Ahmedabad 75 delegates from 23 countries invited to see poll process Source: ECI ARCHIS MOHAN New Delhi, 6 May From Union Home Minister Amit Shah looking to win Gandhinagar with a bigger margin to Aviation Minister Jyotiraditya Scindia gunning to reclaim his Guna bastion, the seats going to polls on Tuesday will see many interesting fights.

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2 mins  |
May 07, 2024
Car dealers may have to pay 18% GST on sale of test cars
Business Standard

Car dealers may have to pay 18% GST on sale of test cars

Car dealers will have to shell out an 18 per cent goods and services tax (GST) on the reimbursement of losses on sale of demonstration cars from car companies if the West Bengal ruling in a case related to a Mercedes Benz India (MBI) dealer sets a precedent.

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1 min  |
May 07, 2024
Naresh Goyal gets interim bail on medical grounds
Business Standard

Naresh Goyal gets interim bail on medical grounds

The Bombay High Court on Monday granted interim bail for two months on medical grounds to Jet Airways Founder Naresh Goyal, who has been arrested by the Enforcement Directorate (ED) in a money laundering case.

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1 min  |
May 07, 2024
Analysts wary of Vi's falling subscribers, broadband users
Business Standard

Analysts wary of Vi's falling subscribers, broadband users

'Recent fundraise could have a bearing on subscriber additions'

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2 mins  |
May 07, 2024
Adani in talks with lenders to raise $600 mn offshore loan
Business Standard

Adani in talks with lenders to raise $600 mn offshore loan

Gautam Adani's conglomerate is seeking an offshore loan of about $600 million to refinance existing debt, according to people familiar with the matter.

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1 min  |
May 07, 2024
'Hope ICAI takes inputs from all for network rules'
Business Standard

'Hope ICAI takes inputs from all for network rules'

\"THREE SECTORS WHICH STAND OUT BASED ON CURRENT TRACTION ARE TECHNOLOGY, HEALTHCARE AND RETAIL & CONSUMER JJ PwC India is committed to fully engaging with relevant professional bodies and regulators, says chairperson SANJEEV KRISHAN in an interview with Raghav Aggarwal in New Delhi.

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2 mins  |
May 07, 2024
Business Standard

'There is no impact of elections on the market'

At a time when the industry is expecting an election impact on commercial vehicle (CV) sales, SHENU AGARWAL, managing director (MD) and chief executive officer (CEO), Ashok Leyland, believes that the segment may do well during the first half of this financial year.

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2 mins  |
May 07, 2024
Top 3 IT majors train over 775,000 in GenAI skills
Business Standard

Top 3 IT majors train over 775,000 in GenAI skills

The top three Indian IT firmsTata Consultancy Services (TCS), Infosys and Wipro - collectively trained over 775,000 employees in generative AI (GenAI) capability by the end of 2023-24, according to an analysis of GenAI-trained workforce of leading companies in India in this sector.

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2 mins  |
May 07, 2024
GCPL posts ₹1,893 cr loss in March quarter
Business Standard

GCPL posts ₹1,893 cr loss in March quarter

FMCG major Godrej Consumer Products on Monday reported a consolidated loss of 1,893.21 crore in the fourth quarter ended March 31, 2024, impacted by exceptional items related to impairment of brand and goodwill, and loss on sale of business in Africa.

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1 min  |
May 07, 2024

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