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Business Standard

Business Standard

Will govern NYC 'audaciously', says Mamdani

Indian-origin politician Zohran Mamdani vowed to govern \"expansively and audaciously\" and deliver an agenda of affordability for New Yorkers as he thanked his family from \"Kampala to Delhi\" after being sworn-in as the 112th Mayor of New York City.

1 min  |

January 03, 2026

Business Standard

Centre okays 22 proposals worth ₹42K cr under ECMS

TDK India, BPL, Foxconn arm among firms to get approval

2 min  |

January 03, 2026
Business Standard

Business Standard

FPIs buy ₹7.5K cr domestic debt on Jan 1

This marks highest single-day inflow since May 29, 2025

1 min  |

January 03, 2026

Business Standard

Ultra-rich splurged ₹7,186 cr on 51 luxury homes in 2025

India's ultra-wealthy spent over ₹7,186 crore buying just 51 luxury homes in 2025, highlighting the growing size and strength of the country's ultra-luxury housing market.

1 min  |

January 03, 2026
Business Standard

Business Standard

In China, AI is finding deadly tumours that doctors might miss

Three days after Qiu Sijun, a retired bricklayer in eastern China, went for a routine diabetes checkup, he received a call from a doctor he hadn't met before.

2 min  |

January 03, 2026

Business Standard

BYD rides past Tesla as biggest EV maker

Musk firm’s 2025 sales down 8.6% in 2nd straight fall

1 min  |

January 03, 2026

Business Standard

Nifty hits new high amid hopes of earnings revival

Indian equities gained, and the benchmark Nifty hit new high amid gains in other peer indices and hopes of corporate earnings revival in the December quarter.

1 min  |

January 03, 2026

Business Standard

Govt panel reviews foreign banks' plan to open branches in India

The inter-departmental committee (IDC), chaired by Department of Financial Services (DFS) Secretary M Nagaraju, on Friday considered the proposals received from the Reserve Bank of India (RBI) for foreign banks seeking to open branches, representative offices or subsidiaries in India.

1 min  |

January 03, 2026
Business Standard

Business Standard

Deposit rate cuts tough for banks as govt retains small savings rates

Banks may find themselves in a bind when it comes to reducing interest rates on deposits, as the government has retained interest rates for a dozen small savings schemes, including the Public Provident Fund (PPF), Sukanya Samriddhi Yojana, and others, for the March quarter.

2 min  |

January 03, 2026

Business Standard

Congress' alternative legacy

He is one of the most senior members of the Congress. And yet, he periodically lands himself and his party in thought controversy, suggesting the Congress' search to find its ideological self is ongoing and it continues.

3 min  |

January 03, 2026

Business Standard

GST Council may convene within 15 days to discuss tax on purifiers

The Goods and Services Tax (GST) Council is likely to meet within the next 15 days to consider reducing the indirect tax rate on air and water purifiers to 5 per cent, amid growing public health concerns, people privy to the development said.

2 min  |

January 03, 2026
Business Standard

Business Standard

CIL opens e-auction to buyers in neighbouring countries

Move aims to expand buyer base as domestic coal offtake weakens

2 min  |

January 03, 2026
Business Standard

Business Standard

Resilience amid the storm: India's arrival as a global power

Calendar 2025 has been a period of profound global and domestic turbulence, defined by escalating geopolitical friction, increasing turn to protectionism, and the use of unilateral measures disrupting global trade and supply chains.

3 min  |

January 03, 2026

Business Standard

Devyani-Sapphire merger set to add spice to QSR competition

The newly announced merger of Sapphire Foods India Ltd (SFIL) with Devyani International Ltd (DIL) will make the latter one of the largest players in the quick-service restaurant (QSR) space.

2 min  |

January 03, 2026
Business Standard

Business Standard

Delhi CM, minister meet six automakers on EV Policy 2.0

Charging infra, grid adaptability discussed at two separate meetings

3 min  |

January 03, 2026

Business Standard

'PRAGATI spurring fresh interest in infra investments'

The government has resolved issues impeding 62 mega private investment projects worth about 10.57 trillion, through the 'Pro-Active Governance And Timely Implementation' (PRAGATI) platform, which has also helped 3,300 stalled public -sector and public-private partnership (PPP) projects worth over 85 trillion, get off the ground since it was set up in 2015.

3 min  |

January 03, 2026

Business Standard

Dzire topped car buyers' desire in 2025, defying SUV wave

Maruti Suzuki's sedan Dzire has emerged as the top-selling car of calendar year 2025 (CY25) at a time when sports utility vehicles (SUVS) have cornered more than 55 per cent of the passenger vehicle (PV) market in India.

2 min  |

January 03, 2026

Business Standard

ITC stock downgraded after excise duty hike

Brokerages also cut rating and share price targets for the stock

3 min  |

January 03, 2026

Business Standard

Govt rolls out ₹7.3K cr schemes to boost MSME financing

Plan to help small exporters over a period of six years

2 min  |

January 03, 2026

Business Standard

Meity asks X to review Grok, give report within 72 hours

The government has asked Elon Musk-led social media platform X to carry out a comprehensive \"technical, procedural and governance-level\" review of its artificial intelligence (AI)-based chatbot, Grok, and submit a detailed actiontaken report to the Ministry of Electronics and Information Technology (Meity) within 72 hours.

2 min  |

January 03, 2026
Business Standard

Business Standard

EV transition boosts capacity buildup in auto ancillaries

India's auto component makers are entering a new phase of capacity expansion, driven less by pure volume growth and more by a structural shift towards electric vehicles (EVs), safety systems and higher electronics content per vehicle.

2 min  |

January 03, 2026

Business Standard

Avoid over-allocation and chasing recent performance

In calendar year (CY) 2025, sectoral funds tracking the Nifty PSU Bank (26 per cent), Nifty Auto (20 per cent) and Nifty Metal (24 per cent) emerged as top performers.

2 min  |

January 02, 2026
Business Standard

Business Standard

Moving with the times and tides

From open outcry trading and paper share certificates to demat accounts, the BSE has come a long way

1 min  |

January 02, 2026

Business Standard

From herstoric win to space glory, all that shaped the India story

Rediffusion's 'Hits & Misses' survey on what dominated the country's landscape

2 min  |

January 02, 2026

Business Standard

The secret sauce to superior equity returns

Driven by disciplined capital management and macro stability efforts, the Indian stock market has delivered stellar long-term returns, consistently ranking among the best global performers for 40 years

3 min  |

January 02, 2026
Business Standard

Business Standard

'India is still at an early stage in passive investing compared with US'

The Sensex’s 40-year milestone comes at a time when passive investing is reshaping India’s capital markets, with indices increasingly forming the backbone of investment products.

2 min  |

January 02, 2026
Business Standard

Business Standard

The changing script of India’s most honest storyteller

When the Sensex was first published in 1986, India was still a closed, slow-moving economy trying to find its footing.

3 min  |

January 02, 2026
Business Standard

Business Standard

Excise duty on tobacco, health cess on pan masala from Feb 1

Tobacco products and pan masala will attract additional central excise duty and Health Security se National Security Cess, respectively, with effect from February 1, the Ministry of Finance said in a series of notifications issued late on Wednesday.

3 min  |

January 02, 2026

Business Standard

Risk-weight rules for NBFC infra loans relaxed

The Reserve Bank of India (RBI) on Thursday eased its proposed risk-weight framework for infrastructure lending by non-banking financial companies (NBFCs) following industry feedback, as it retained key lender protection norms.

1 min  |

January 02, 2026
Business Standard

Business Standard

BSE Sensex tops other asset classes by a hefty margin in 40 years

It has beaten gold and traditional savings, delivering a consistent winning streak while creating significant wealth for ordinary people who held their investments through decades of economic growth

4 min  |

January 02, 2026