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Business Standard

GST Council may weigh 5% levy on air, water purifiers

The GST Council in its next meeting may consider a reduction in taxes on air and water purifiers as air quality across the country worsens and access to safe drinking water remains uneven.

2 min  |

December 30, 2025

Business Standard

Govt claims $30 bn from Reliance, BP in gas field dispute

But RIL says reports about $30 bn demand are ‘factually incorrect’

3 min  |

December 30, 2025

Business Standard

Mumbai: Between opportunity and despair

In the mosaic that constitutes India’s diverse, complex and intimidating landscape, Mumbai has always stood apart.

3 min  |

December 30, 2025

Business Standard

High growth potential may lead to more gains in Hindustan Copper stock

The long-term trend for copper is bullish, due to rising demand from grids, data centres and artificial intelligence (AI) infrastructure. But in 2025, copper has been bullish due to supply disruptions, and fear of potential US tariffs.

3 min  |

December 30, 2025
Business Standard

Business Standard

Russia to review negotiating stance, cites Kyiv attempt to attack Putin's residence

Ukraine denies accusations

1 min  |

December 30, 2025

Business Standard

Asset quality of SFBS worsens

The asset quality of Small Finance Banks (SFBS) recorded a decline, with the Gross Non-Performing Assets (GNPA) ratio rising to 3.6 per cent at the end of March from 2.4 per cent in the year ago period, according to RBI's Trends & Progress Report.

1 min  |

December 30, 2025

Business Standard

Performance of microfinance loans needs to be monitored closely: RBI

While the asset quality of the overall non-banking finance company (NBFC) sector improved at the end of March, NBFC-microfinance institutions (MFIs) saw a deterioration, and the Reserve Bank of India (RBI) has cautioned that going forward, the performance of microfinance loans needs to be monitored closely.

1 min  |

December 30, 2025

Business Standard

Ex-MLA Sengar to stay in jail as SC stays bail in Unnao case

The Supreme Court on Monday stayed the Delhi High Court order suspending the life sentence of expelled BJP leader Kuldeep Singh Sengar in the 2017 Unnao rape case and said he shall not be released from custody.

1 min  |

December 30, 2025

Business Standard

Lupin inks pact with China firm for obesity drug

Lupin on Monday said that it has signed an exclusive licensing, supply and, distribution agreement with China-based Gan & Lee Pharmaceuticals for Bofanglutide, a novel fortnightly GLP-1 receptor agonist for diabetes and weight management.

1 min  |

December 30, 2025

Business Standard

How energy flowed between hiccups and hope

Solar was a bright spot in a year marked by domestic challenges, like oil imports, and global concerns, such as climate change

4 min  |

December 30, 2025

Business Standard

IIP growth hit 2-yr high of 6.7% in Nov

India’s industrial output attained its highest level in financial year 2025-26 (FY26) so far in November, rising 6.7 per cent year-on-year, the fastest in 25 months, fuelled by a spike in manufacturing and a sharp pickup in consumer goods, even as electricity generation shrank for the second straight month.

2 min  |

December 30, 2025

Business Standard

'Massive and historic economic transformation underway in UP'

Minister Nitin Agarwal outlines how state's quadrupled excise revenue and robust infra are catalysing industrial investment and helping it to become a developed state

4 min  |

December 30, 2025

Business Standard

‘India’s size and diversity make it a powerful innovation engine’

Uber is deepening its focus on India, where it is seeing growth at both ends of the spectrum. In a video interview with Peerzada Abrar, Prabhjeet Singh, president of Uber India and South Asia, speaks about the company's plans to scale bike taxis aggressively following regulatory clarity, the competition in the country, and build new businesses in B2B logistics and transit ticketing. Edited excerpts:

3 min  |

December 30, 2025

Business Standard

Banks ‘resilient’ but face stiff fund mobilisation competition

Regulator calls for stronger risk assessment frameworks, robust corporate governance

2 min  |

December 30, 2025

Business Standard

IBC recoveries improved to 37% in 2024-25; cases referred fell

Banks also continued to clean up their balance sheets through sale of NPAs to ARCs

2 min  |

December 30, 2025
Business Standard

Business Standard

₹79,000 cr defence buy proposals get govt’s green signal

The government on Monday greenlit multiple proposals from the armed forces to buy or lease defence goods worth some ₹79,000 crore.

1 min  |

December 30, 2025

Business Standard

$6 bn-plus foreign inflows make 2025 a watershed year for India’s pvt banks

IMAGING: AJAY MOHANTY

3 min  |

December 30, 2025
Business Standard

Business Standard

Trump, Zelenskyy meet: Deal still elusive

Russia and Ukraine remain deeply divided over territorial control and ceasefire terms, blunting optimism

3 min  |

December 30, 2025

Business Standard

Saudi Aramco, OIL may pick up stake in BPCL's refinery

In 2019, Saudi Arabia signed a memorandum of understanding with India, announcing plans to invest $100 billion across sectors such as energy, agriculture, infrastructure and manufacturing.

1 min  |

December 30, 2025

Business Standard

China stages record drills designed to encircle Taiwan

China launched its most extensive war games around Taiwan on Monday to showcase Beijing’s ability to cut off the island from outside support in a conflict, testing Taipei's resolve to defend itself and its arsenal of US-made weapons.

1 min  |

December 30, 2025

Business Standard

PAN-Aadhaar linking deadline looms: How to link and check status

The Central Board of Direct Taxes (CBDT) has said that individuals who received their Permanent Account Number (PAN) using an Aadhaar-enrolment ID must complete the PAN-Aadhaar linking by December 31, 2025.

1 min  |

December 30, 2025

Business Standard

Number of UCBs down to 1,457 in FY 25

The number of Urban Cooperative Banks (UCBs) has steadily declined to 1,457 at the end of March 2025 from 1,926 during the same period in 2004 owing to the consolidation process initiated by the Reserve Bank of India (RBI) in 2004-05.

1 min  |

December 30, 2025

Business Standard

Brokerages divided on Coforge-Encora deal

Some call it a positive move while others raise valuation concerns

3 min  |

December 30, 2025

Business Standard

RBI rejects bids for 2037 paper at OMO as bidding by banks overshoots mkt price

Bids for the 7.18 per cent 2037 security were turned down by the Reserve Bank of India (RBI) at the auction on Monday because banks bid higher than the market price for the paper.

1 min  |

December 30, 2025
Business Standard

Business Standard

SoftBank agrees to buy PE firm DigitalBridge for $4 bn

SoftBank Group Corp agreed to acquire private equity firm DigitalBridge Group Inc in a deal valuing the data center investor at $4 billion including debt.

1 min  |

December 30, 2025

Business Standard

Solar energy to power state’s multi-storey buildings

Multi-storey buildings in Rajasthan will be powered by solar energy, and a plan in this regard is ready and likely to be implemented soon, an energy department official said.

1 min  |

December 30, 2025

Business Standard

Bank branch growth highest in Tier-I cities; ATM count declines

Commercial banks’ branch expansion was mostly concentrated in tier-I centres, which accounted for around half of the new branches opened in financial year 2025 (FY25), according to the Reserve Bank of India’s Trend and Progress report.

1 min  |

December 30, 2025

Business Standard

Smallcap index poised for worst performance in seven years

As calendar year 2025 (CY25) draws to a close, the smallcap index is set to report its worst performance in the past seven years, data shows.

2 min  |

December 30, 2025

Business Standard

Silver retreats from $80/oz peak, gold softens on profit-taking

Silver retreated after touching a record peak above $80 an ounce on Monday while gold slipped from levels close to historic highs as investors booked profits and a market perception of reduced geopolitical risks curbed safe-haven buying.

1 min  |

December 30, 2025
Business Standard

Business Standard

Bangladesh uprising ‘guru’ distances himself from NCP over Jamaat alliance

The main leader of last year's violent uprising that toppled the then government in Bangladesh, Mahfuz Alam (pictured), on Sunday distanced himself from his disciples under the National Citizen Party (NCP) banner over their move to forge an electoral alliance with the Jamaat-e-Islami.

1 min  |

December 30, 2025