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Business Standard

Trai dials National Numbering Plan tweak

The Telecom Regulatory Authority of India (Trai) on Thursday issued a consultation paper on revising the National Numbering Plan to create a sustainable pool of new phone numbers for the country's nearly 1.2 billion mobile phone connections.

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1 min  |
June 07, 2024
South, East India accounted for 67% of heatwave days in 2023
Business Standard

South, East India accounted for 67% of heatwave days in 2023

The number of heatwave days in east and southern peninsular India during peak summer in 2023 almost doubled and accounted for nearly two-thirds of the total heatwave days experienced across the country, the latest data released by the National Statistical Office (NSO) showed.

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1 min  |
June 07, 2024
Business Standard

Monsoon reaches Maharashtra: IMD

Southwest monsoon reached Maharashtra on Thursday, bringing respite to the state where many parts have been reeling under scorching heat and severe water shortage.

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1 min  |
June 07, 2024
EV portfolio to drive Uno Minda growth
Business Standard

EV portfolio to drive Uno Minda growth

The stock of auto component maker Uno Minda jumped 13 per cent on Thursday after it announced a technical licensing agreement with ChinaInovance based Suzhou Automotive Company.

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2 mins  |
June 07, 2024
Business Standard

New govt to boost infra sector, but expect some hurdles

The general elections inevitably led to a slowdown in government projects through Q4FY24 and Q1FY25 with muted activity.

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2 mins  |
June 07, 2024
Business Standard

Markets extend gains as govt formation nears

Sensex jumps 692 pts, Vix slumps for 2nd day

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1 min  |
June 07, 2024
Business Standard

MF platforms face backlash over delay in unit allotments

Several investors wanting to invest in mutual fund (MF) schemes, amid the selloff in the market on Tuesday, were left in the lurch as online MF investment platforms failed to execute the transactions on time.

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1 min  |
June 07, 2024
Over $2 bn exodus: PEs, promoters swiftly reacted before poll verdict
Business Standard

Over $2 bn exodus: PEs, promoters swiftly reacted before poll verdict

Share sales hold breath for government clarity

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2 mins  |
June 07, 2024
Business Standard

Sebi's warning to ICICI Bank over ICICI Securities delisting

The Securities and Exchange Board of India (Sebi) on Thursday issued a warning to ICICI Bank for flouting norms during its outreach programme to the shareholder of broking firm ICICI Securities to vote in favour of the delisting.

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1 min  |
June 07, 2024
Business Standard

The ageism debate

India will gain from raising the retirement age

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2 mins  |
June 07, 2024
Business Standard

Natural political order

Indian conditions favour coalitions

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2 mins  |
June 07, 2024
A woman for all seasons
Business Standard

A woman for all seasons

Bake iographies and autobiographies are, for the most part, engaging commentaries on a country's life.

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3 mins  |
June 07, 2024
Aukus focus: The strategic pivot to France
Business Standard

Aukus focus: The strategic pivot to France

Capability asymmetries between India and the US impede joint training

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4 mins  |
June 07, 2024
RBI's draft provisions create a flutter
Business Standard

RBI's draft provisions create a flutter

The infrastructure financing world is abuzz with the Reserve Bank of India's (RBI) draft provisions for infrastructure lending.

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4 mins  |
June 07, 2024
Israel strikes UN school in Gaza, killing at least 40
Business Standard

Israel strikes UN school in Gaza, killing at least 40

Israel hit a Gaza school on Thursday in an airstrike that it said targeted and killed Hamas fighters inside, while a Hamas official said 40 people including women and children were killed as they sheltered in the UN site.

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1 min  |
June 07, 2024
Business Standard

Britain's rich race to save their wealth from election hit

Wealthy people in the UK, from foreign billionaires to City of London bankers, are rushing to shelter their money after Prime Minister Rishi Sunak surprised the country by calling a summer election.

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2 mins  |
June 07, 2024
Business Standard

Like a pop star: Huang stirs up 'Jensanity' in tech world

Jensen Huang wasn't on the official Computex 2024 programme, but he didn't need to be.

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1 min  |
June 07, 2024
ECB cuts interest rates for first time since 2019
Business Standard

ECB cuts interest rates for first time since 2019

Now at 3.75% from all-time high of 4%; ECB non-committal on rate path

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1 min  |
June 07, 2024
More graduates, fewer women elected in 2024
Business Standard

More graduates, fewer women elected in 2024

More than half, or 52 per cent, of members of Parliament (MPs) in the 18th Lok Sabha are above the age of 55, according to data from PRS Legislative Research.

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1 min  |
June 07, 2024
Business Standard

US NSA's visit soon to engage with new govt

US President Joe Biden's National Security Advisor Jake Sullivan will visit India to engage with Prime Minister Narendra Modi-led new government on shared priorities, including the trusted, strategic technology partnership, the White House said, as the two top leaders seek to deepen the bilateral partnership.

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1 min  |
June 07, 2024
Business Standard

RBI buys back ₹7,287 crore bonds against notified ₹30,000 crore

The Reserve Bank of India (RBI) repurchased ₹7,287 crore worth of government bonds on Thursday, against the notified amount of ₹30,000 crore.

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1 min  |
June 07, 2024
Business Standard

SIGNING OF IPEF PACTS AFTER NEW GOVT TAKES OVER

India will sign the clean economy and fair economy agreements under the United States-led economic initiative-Indo-Pacific Economic Framework for Prosperity (IPEF)-after the formation of the new government.

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1 min  |
June 07, 2024
Bajaj Housing Finance board approves ₹4,000 crore IPO
Business Standard

Bajaj Housing Finance board approves ₹4,000 crore IPO

The Bajaj Housing Finance board has approved an initial public offering (IPO) with a fresh issue of shares to raise up to ₹4,000 crore, the company said on Thursday.

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1 min  |
June 07, 2024
Shifting sands: How fuel pricing policy evolved over the years
Business Standard

Shifting sands: How fuel pricing policy evolved over the years

With the finances of state oil companies, led by Indian Oil, careening in a volatile oil world, the question being asked yet again is whether they will now finally get the 'full' freedom to set the prices of diesel, petrol and LPG, or whether the new government at the Centre will continue to 'influence' what you and I pay at the pump.

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4 mins  |
June 07, 2024
Modi, ministers likely to take oath on June 9
Business Standard

Modi, ministers likely to take oath on June 9

BJP allies JD(U) and LP (RV) demand caste census across India and review of Agniveer Scheme

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2 mins  |
June 07, 2024
Special status to Bihar, Andhra may open 'Pandora's box'
Business Standard

Special status to Bihar, Andhra may open 'Pandora's box'

Granting special category status to Bihar and Andhra Pradesh may lead to similar demands from other states, according to experts.

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3 mins  |
June 07, 2024
Business Standard

Naidu-linked firm that raked in moolah on D-Street

Dairy firm with ties to TDP chief aiming for national brand status with ₹6K cr revenue

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2 mins  |
June 07, 2024
Plan to double international transit traffic in 5-10 years: Air India exec
Business Standard

Plan to double international transit traffic in 5-10 years: Air India exec

Says 'out-of-the-box thinking' needed to develop Delhi, Mumbai, Bengaluru as transit hubs

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2 mins  |
June 07, 2024
AAR rules 18% GST on infant food containing milk, other ingredients
Business Standard

AAR rules 18% GST on infant food containing milk, other ingredients

Infant food products containing milk and other ingredients may be subject to an 18 per cent goods and services tax, contrasting with the 5 per cent applicable to milk products, if a judgment by the Rajasthan Authority for Advance Ruling (AAR) sets a precedent.

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1 min  |
June 07, 2024
Canon eyes India to top Apacsales by❜35
Business Standard

Canon eyes India to top Apacsales by❜35

Looks to build manufacturing capabilities in India

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2 mins  |
June 07, 2024