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Business Standard

Indian fertiliser majors, Uralchem join hands for mega offshore urea project

Three Indian firms on Friday signed a pact with Russian fertiliser giant Uralchem to set up a 1.8-2 million tonne (mt) urea plant in Russia, making it one of the biggest such offshore joint ventures in the sector which will help India strengthen its long-term crop nutrients needs.

1 min  |

December 06, 2025
Business Standard

Business Standard

Fino 1st payments bank to get RBI nod to turn SFB

Fino Payments Bank (Fino) has become the first such entity to get an in-principle approval from the Reserve Bank of India (RBI) to transition into a small finance bank (SFB).

1 min  |

December 06, 2025
Business Standard

Business Standard

SKF India Industrial expects top line to double in 5 yrs

India’s new and demerged industrial unit is aiming for aggressive growth, projecting it will nearly double its revenue within five years as it completes a major investment cycle and boosts operating profit.

2 min  |

December 06, 2025

Business Standard

The failed Marshal Doctrine

None of Pakistan's Prime Ministers has lasted five years. The fact that the current PM has given Asim Munir five years shows that of all the military dictatorships history has seen, Pakistan's is the most creative

5 min  |

December 06, 2025

Business Standard

Sitharaman stresses need for steady defence funding

Lok Sabha clears Health Security se National Security Cess Bill

2 min  |

December 06, 2025

Business Standard

Near-term margin pressure for city gas distribution majors

Global energy markets are trending down.

3 min  |

December 06, 2025
Business Standard

Business Standard

UP tops Centre's capex assistance scheme

Just over a third of the special assistance to states for capital investment (SASCI) fund for 2025-26 (FY26) — %56,826 crore — has been released across 4,106 approved projects as of November 27, Minister of State for Finance Pankaj Chaudhary informed Parliament on Monday.

1 min  |

December 06, 2025

Business Standard

Bank NIMs may squeeze further

Net interest margins (NIMs) of scheduled commercial banks, which are already under pressure as deposit rates tend to adjust more slowly than lending rates, are likely to face further compression following the decision of the Reserve Bank of India’s (RBI's) monetary policy committee (MPC) to cut the repo rate by another 25 basis points (bps) in its December meeting.

2 min  |

December 06, 2025
Business Standard

Business Standard

Board nod must for bank entities to do same biz: RBI

The Reserve Bank of India (RBI) on Friday allowed multiple entities in a bank group to undertake the same business as long as they cater to different client segments, while mandating board approval to ensure that any overlap in business has proper rationale and justification.

2 min  |

December 06, 2025

Business Standard

RBI to maintain ample banking liquidity: Guv

The Reserve Bank of India (RBI) will ensure ample liquidity in the banking system without explicitly targeting surplus levels of around 1 per cent of net demand and time liabilities (NDTL), Governor Sanjay Malhotra said at the post-monetary policy press conference.

1 min  |

December 06, 2025

Business Standard

Ironies of history

History, with all its vagaries, can be unkind. Marxists tenaciously clung to the belief that \"history is behind us.

3 min  |

December 06, 2025

Business Standard

Blackstone-backed Nexus eyes three malls in eastern India

Blackstone-backed Nexus Select Trust is at an advanced stage of due diligence for the acquisition of three malls in eastern India as it looks to expand its footprint in the region.

1 min  |

December 06, 2025

Business Standard

MPC delivers again, takes 2025 rate cut tally to 125 bps

The MPC - which Malhotra chairs — has lowered the policy repo rate by 125 bps in 2025.

2 min  |

December 06, 2025
Business Standard

Business Standard

Netflix to acquire Warner Bros in $72 billion deal

Agreement is likely to face strong antitrust scrutiny in Europe, US

2 min  |

December 06, 2025

Business Standard

Not reading too much into IMF’s ‘crawl’ remark: Dy Guv Gupta

India’s exchange regime continues to be a managed float and there is no need to read too much into recent “crawled” peg comment by the International Monetary Fund (IMF), Reserve Bank of India’s Deputy Governor Poonam Gupta said.

1 min  |

December 06, 2025

Business Standard

Lock into prevailing FD rates before further decline

The Reserve Bank of India (RBI) on Thursday lowered the repo rate by 25 basis points to 5.25 per cent, taking the total reduction in 2025 to 125 basis points.

2 min  |

December 06, 2025

Business Standard

Lumax expects to more than double its revenue in 4-5 yrs

The Lumax group, which comprises auto component makers Lumax Industries Ltd (LIL) and Lumax Auto Technologies Ltd (LATL), is expecting to more than double its annual revenue to over ₹20,000 crore in the next four-five years amid high demand for its products in the domestic market, said Anmol Jain, managing director (MD) of LATL and joint MD of LIL.

2 min  |

December 06, 2025

Business Standard

Fuel, arms and diplomacy

As Russian President Vladimir Putin wraps up his India visit, the two sides reinforce strategic ties and deepen relations across energy, trade and defence amid challenging geopolitical conditions

2 min  |

December 06, 2025
Business Standard

Business Standard

As Trump covets Nobel Peace Prize, FIFA cozies up to him with its own award

Not long after US President Trump missed out on the Nobel Peace Prize that he openly campaigned for, his friend Gianni Infantino got to work.

3 min  |

December 06, 2025

Business Standard

Rupee weakens after 25-bp cut

External sector position comfortable, not expecting CAD to rise to 2%: RBI governor

2 min  |

December 06, 2025
Business Standard

Business Standard

Inside India’s new wedding wonderland

From wine-reading stations to Interstellar sangeets, couples are reimagining their big day to make it personalised, immersive

5 min  |

December 06, 2025

Business Standard

Reserve Bank brings early Christmas

Reserve Bank of India (RBI) Governor Sanjay Malhotra has played Santa and brought an early Christmas to India.

4 min  |

December 06, 2025
Business Standard

Business Standard

RBI emphatic on durable liquidity support; focus clearly on transmission

The repo rate decision by the monetary policy committee (MPC) in the December meeting was a close one.

2 min  |

December 06, 2025
Business Standard

Business Standard

Govt grounds new pilot rest rules for 2 mths as IndiGo crisis deepens

The Ministry of Civil Aviation (MoCA) on Friday suspended implementation of new flight duty time limitation (FDTL) rules, designed to ensure more humane pilot work hours, to stabilise operations at India's largest airline, IndiGo, where disruptions have spiralled nationwide. The relief has been provided until February 10.

3 min  |

December 06, 2025
Business Standard

Business Standard

Modi, Putin chart path to $100 bn trade in 5 years

Deals on labour mobility, plan for 2nd Russia-backed N-plant

3 min  |

December 06, 2025

Business Standard

No question of unregulated AI use by judges, says CJI

The Supreme Court on Friday declined to entertain a public interest litigation seeking guidelines to regulate the use of artificial intelligence (AI) in judicial proceedings, observing that there was no question of unregulated use by the judges.

1 min  |

December 06, 2025

Business Standard

Gaja Alternative Asset files revised draft IPO papers

Gaja Alternative Asset Management Ltd, which operates under the brand Gaja Capital, has filed updated draft papers with markets regulator Sebi to raise a little over €656 crore through an initial public offering (IPO).

1 min  |

December 06, 2025

Business Standard

Gorilla Glass maker Corning’s ₹1K cr Chennai unit on track

In a major development for Tamil Nadu’s electronics ecosystem, US-based gorilla glass maker Corning, through its India joint venture Bharat Innovative Glass Technologies (BIG Tech), on Friday announced the inauguration of its mobile cover glass manufacturing unit in Chennai on Friday.

1 min  |

December 06, 2025

Business Standard

Meesho, Aequs & Vidya Wires IPOs overall bid exceeds ₹3 trn

The initial public offerings (IPOs) of Meesho, Aequs, and Vidya Wires witnessed overwhelming investor demand, collectively attracting bids worth nearly ₹3 trillion on Friday, the final day of subscription.

1 min  |

December 06, 2025

Business Standard

Chennai to Arctic: India-Russia pacts widen maritime corridors

As part of Russian President Vladimir Putin's visit to India, the two nations on Friday inked multiple pacts in the transport and connectivity sectors, with Russia aiming to tap into India's maritime ambitions and capacity-building initiatives.

1 min  |

December 06, 2025