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Business Standard

India to induct N-powered submarine soon: Navy chief

India will commission the nuclear-powered ballistic missile submarine INS Aridhaman soon, Indian Navy chief Admiral Dinesh Tripathi said at a news conference in New Delhi on Tuesday.

2 min  |

December 03, 2025

Business Standard

India, Russia eye trade boost

Peskov said addressing India’s concerns over a massive trade deficit, cooperation on small modular nuclear reactors, and the expansion of defence and energy ties could all feature prominently in Friday’s summit talks.

2 min  |

December 03, 2025

Business Standard

India is a crown jewel for us: Binance APAC head

Despite regulatory challenges, India has emerged as the world’s fastest-growing cryptocurrency market. Binance — which registered with India’s Financial Intelligence Unit (FIU) last year — sees the country as a “crown jewel”. S B Seker, head of Asia Pacific (APAC) at Binance, in an interview with Peerzada Abrar in Bengaluru, discusses the firm's strategy for navigating India’s hazy licensing framework and competing with local exchanges. Edited excerpts.

3 min  |

December 03, 2025

Business Standard

China issues first batch of streamlined rare earth export licences

China has issued the first batch of new rare earth export licences that should accelerate shipments to certain customers, a source said on Tuesday, fulfilling a key outcome of the summit between Presidents Donald Trump and Xi Jinping.

1 min  |

December 03, 2025

Business Standard

Feeling ignored in a family will? Here’s how inheritance law sees it

Inheritance disputes can be emotionally draining, especially when a will seems unfair, incomplete or influenced by someone else.

1 min  |

December 03, 2025
Business Standard

Business Standard

RBI policy in a season of contradictions

Inflation is at an all-time low, the trade deficit at an all-time high, and growth above the aspirational 8 per cent.

2 min  |

December 03, 2025

Business Standard

‘Indian entrepreneurs need to think global to meet customer needs’

Last week, Anant Goenka, vice chairman of the RPG group, took over as the president of the Federation of Indian Chambers of Commerce and Industry (Ficci).

4 min  |

December 03, 2025

Business Standard

Lok Sabha to debate electoral reforms on Dec 9, says Rijiju

The Lok Sabha will take up a debate on the 150th anniversary of National Song “Vande Mataram’ on December 8 and on electoral reforms on December 9, Parliamentary Affairs Minister Kiren Rijiju said.

1 min  |

December 03, 2025

Business Standard

SBI, HDFC Bank, ICICI Bank continue as systemically important lenders

The Reserve Bank of India (RBI) on Tuesday said that State Bank of India (SBI), HDFC Bank, and ICICI Bank will continue to be classified as systemically important banks.

1 min  |

December 03, 2025

Business Standard

US envoys arrive in Moscow to meet Putin

Russian Prez has signalled an openness to talks, saying that proposals could be ‘the basis for future agreements’

3 min  |

December 03, 2025

Business Standard

Growth tonic from US generics lifts Lupin

Complex generics and better mix fuel recovery cycle

2 min  |

December 03, 2025

Business Standard

SC rejects RIL plea against ₹30L fine for not disclosing Jio-FB deal

The Supreme Court on Tuesday upheld the Securities and Exchange Board of India’s (Sebi’s) decision to fine Reliance Industries Limited (RIL) ₹30 lakh for failing to make timely disclosures about Facebook's investment in Jio Platforms after details of the deal appeared in the media.

1 min  |

December 03, 2025

Business Standard

Claims vs reality: Dust doesn't settle on Mumbai's clean-air drive

Mumbai’s air quality continues to slide, even as the Brihanmumbai Municipal Corporation (BMC) claims it has stepped up its dust-control operation.

2 min  |

December 03, 2025

Business Standard

Protecting revenue

GST may need further reforms

2 min  |

December 03, 2025
Business Standard

Business Standard

In a first, complaints against private banks exceed PSBs in FY25

For the first time, complaints against private lenders under the Reserve Bank of India’s Integrated Ombudsman Scheme (RB-IOS) exceeded those against publicsector banks (PSBs) in FY25. According to data by the RBI, private banks received 111,119 complaints in FY25, compared with 103,117 complaints against PSBs.

1 min  |

December 03, 2025

Business Standard

FM flags global tax risks from digitisation, new financial products

Global tax systems must urgently adapt to digitalisation, new financial products, and evolving beneficial-ownership structures, Finance Minister Nirmala Sitharaman said on Tuesday, calling for deeper cooperation and stronger confidentiality systems among jurisdictions.

2 min  |

December 03, 2025

Business Standard

Indian travellers chase the chill to ring in New Year

Winter is calling

2 min  |

December 03, 2025

Business Standard

A defence link that lasts

Defence cooperation is likely to prove a key topic at the India-Russia summit on December 4 and 5. The expected talks between the defence ministers, their second meeting this year, will cover several deals, including India’s additional procurement of S-400 surface-to-air missile (SAM) systems, as well as potential contracts for the purchase and joint production of S-500 systems and the Su-57 fifth-generation fighter jets. While bilateral discussions on defence have clearly resurfaced, this does not mean that new agreements will be among the deliverables of the summit.

3 min  |

December 03, 2025

Business Standard

A-I execs who let plane with expired licence fly de-rostered: DGCA

Air India executives, who were involved in letting a plane with expired airworthiness licence operate eight commercial flights, have been de-rostered from the service till the probe by the Directorate General of Civil Aviation (DGCA) is complete, the regulator said on Tuesday.

1 min  |

December 03, 2025

Business Standard

Indian ecom penetration could mirror WhatsApp user base

As ecommerce platform Meesho’s much-anticipated ₹5,421 crore IPO opens, the firm’s Cofounder and Whole-Time Director Sanjeev Kumar talks about the opportunities and challenges in smaller cities and towns in a video interview with Surajeet Das Gupta.

3 min  |

December 03, 2025

Business Standard

Hudco eyes end-to-end role for ULBs to drive ₹1 trn Urban Challenge Fund

State-run company plans to finance $500 million in greenfield metro projects this financial year

2 min  |

December 03, 2025

Business Standard

Big banks, or more agile banks?

With rapid tech innovation and fast-changing customer expectations, the sector is ripe for disruption

4 min  |

December 03, 2025

Business Standard

Buy cover early, cross waiting period before need arises

MATERNITY COVERAGE

3 min  |

December 03, 2025

Business Standard

Pernod Ricard India expects double-digit growth on Imperial Blue selloff, brand launch

The Indian arm of French spirit and wine maker Pernod Ricard expects to clock a double-digit growth in the years ahead, supported by the recent selloff of its value whisky brand Imperial Blue, and new launches such as Seagram’s Xclamation.

1 min  |

December 03, 2025

Business Standard

AI could increase divide between rich and poor: UN

Artificial Intelligence could widen gaps between developed and developing countries, a UN report said on Tuesday, calling for policy measures to limit the impact.

1 min  |

December 03, 2025

Business Standard

Parliament clears Manipur GST Amendment Bill

Parliament on Tuesday passed the Manipur Goods and Services Tax (Second Amendment) Bill, 2025, with Finance Minister Nirmala Sitharaman asserting that it will permanently align the state’s GST law with the reforms already implemented at the central level.

1 min  |

December 03, 2025
Business Standard

Business Standard

Kartik Sharma to lead Omnicom Media India as CEO

With the Omnicom group completing its $13 billion acquisition of the Inter-public group (IPG), creating the world’s largest advertising firm in terms of revenue and the second-largest in the Indian market by market share, Kartik Sharma (pictured) will be leading the combined entity in the country as its chief executive officer (CEO).

1 min  |

December 03, 2025

Business Standard

Bharat Taxi trials begin in Delhi, Gujarat

Touted as world’s 1st national mobility cooperative owned by drivers

1 min  |

December 03, 2025

Business Standard

Suchi Semicon to begin supply of automotive, power chips next year

Gujarat-based outsourced semiconductor assembly and test (OSAT) company Suchi Semicon will start packaging quad flat no-lead (QEN) and power semiconductor chips at its Surat plant, the company’s cofounder Shetal Mehta said.

1 min  |

December 03, 2025

Business Standard

OECD retains FY26 growth outlook at 6.7%

The Organisation for Economic Cooperation and Development (OECD) in its latest economic outlook on Tuesday retained its growth forecast for the current financial year at 6.7 per cent, citing monetary policy easing and the overhaul of the goods and services tax regime. It further kept FY27 growth forecast unchanged at 6.2 per cent.

1 min  |

December 03, 2025