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SC bars tax on industrial machinery not meant for public roads

The Supreme Court on Thursday held that heavy machinery designed for use within industrial sites cannot be subjected to motor vehicle tax merely because it is capable of limited movement.

1 min  |

January 09, 2026

Business Standard

Iran economy protests now nationwide: Activists

Protests in Iran sparked by economic woes have now gone nationwide in the Islamic Republic, activists said on Thursday, signalling both their staying power and intensity as they challenge the country’s theocracy.

1 min  |

January 09, 2026
Business Standard

Business Standard

FY27 fiscal deficit may overshoot target to touch 4.6%: BMI

The government's fiscal deficit could reach 4.6 per cent in 2026-27 (FY27) against its target of 4.3 per cent expected to be announced in the upcoming Union Budget, amid fresh spending needs and lower tax receipts, a report by BMI, a unit of Fitch Solutions, said on Thursday.

1 min  |

January 09, 2026
Business Standard

Business Standard

RBI mulls fresh steps to provide relief to exporters

The Reserve Bank of India (RBI) is considering new ways to support exporters hit by US tariffs after a moratorium on loan repayments it offered last year drew few takers, two sources aware of the matter said.

1 min  |

January 09, 2026
Business Standard

Business Standard

Enforcement: The real reform

In the financial sector, replacing existing regulations with new ones often adds costs without improving outcome

4 min  |

January 09, 2026

Business Standard

Centre opposes plea for air purifiers GST cut

The Centre has opposed in the Delhi High Court a public interest litigation (PIL) seeking directions to classify air purifiers as “medical devices” and reduce the goods and service tax (GST) rates on those, saying judicial intervention in matters pertaining to the tax are constitutionally impermissible.

1 min  |

January 09, 2026

Business Standard

Govt to roll out vehicle-to-vehicle communication to reduce crashes

In a bid to reduce road crashes especially in low-visibility situations like dense fog, the government will soon roll out vehicle-to-vehicle (V2V) communication technology which will allow cars to “talk” to each other and alert drivers during contingencies, Union Minister of Road Transport and Highways Nitin Gadkari announced on Thursday.

1 min  |

January 09, 2026

Business Standard

84% professionals feel unprepared to find a new job: LinkedIn

Rise of artificial intelligence in the hiring process, rapidly shifting skill requirements, and a competitive but selective job market are making professions unprepared to find a new job.

1 min  |

January 09, 2026

Business Standard

Salary gap persists, fewer women take up exec roles

Study finds women earn up to 30% less than men and hold 17% of executive roles

2 min  |

January 09, 2026

Business Standard

Gold, silver fall as traders brace for wider index rebalancing

Gold and silver fell for a second day, with investors positioning for an annual rebalancing of commodity indexes that will see futures contracts worth billions of dollars sold in the next few days.

1 min  |

January 09, 2026

Business Standard

Tata 1mg eyes 500 offline stores by yr-end

Tata-owned health-tech startup Tata 1mg plans to more than double its offline store presence to nearly 500 outlets across India by the end of 2026, up from around 220 stores currently, Prashant Tandon, cofounder and chief executive officer of the company, said.

2 min  |

January 09, 2026
Business Standard

Business Standard

Three trends that may shape India’s energy play in 2026

Experts predict crude sourcing shift, more clean energy and growing private sector role in renewables and nuclear power

6 min  |

January 09, 2026

Business Standard

New fund launch wave likely in SIF space

Bandhan MF latest to launch SIF, ICICI Pru, 360 One gear up for entry

2 min  |

January 09, 2026

Business Standard

ED searches I-PAC office; Mamata slams Centre

The ED on Thursday conducted searches at the office of the political consultancy firm I-PAC and the residence of its director Pratik Jain in Kolkata, an action that ignited high drama, with West Bengal chief minister Mamata Banerjee unexpectedly storming into the sites during raids, alleging that the central agency was trying to seize the TMC’ssensitive data ahead of the highstakes state polls.

1 min  |

January 09, 2026

Business Standard

Chief secy directs discoms to accelerate PM-KUSUM implementation in state

Rajasthan Chief Secretary V Srinivas recently instructed power distribution companies (discoms) to accelerate the implementation of PM-KUSUM scheme in the state and create a work plan towards achieving targets.

1 min  |

January 09, 2026
Business Standard

Business Standard

BMW India bets on first-time luxury buyers to expand mkt

BMW in India closed 2025 with highest ever car sales of 18,001 units, marking a 14 per cent year-on-year increase, outperforming the broader market for luxury cars.

2 min  |

January 09, 2026

Business Standard

Leaving money for pets in a will? Experts explain the Indian law

A growing number of pet ‘owners are now wondering who will look after their pets when they are no longer around.

1 min  |

January 09, 2026

Business Standard

US-focused debt funds shine on yield, currency tailwinds

Deliver average annual return of 12%

2 min  |

January 09, 2026
Business Standard

Business Standard

US MOVE TO WITHDRAW FROM 66 ORGANISATIONS India-led solar alliance to keep working to meet goals

The Indian government would continue to work with India-headquartered International Solar Alliance (ISA) despite the United States’ decision to withdraw from the organisation, according to government sources.

1 min  |

January 09, 2026

Business Standard

China to buy Nvidia's H200 chips this quarter

China plans to approve some imports of Nvidia’s H200 chips as soon as this quarter, according to people familiar with the situation, giving the company renewed access to a critical market.

1 min  |

January 09, 2026
Business Standard

Business Standard

MSDL, German co may sign mega submarine deal this yr

State-owned Mazagon Dock Shipbuilders Ltd (MDSL) and German company Thyssenkrupp Marine Systems GmbH are likely to sign a submarine-manufacturing deal this year, an Indian source said on Thursday.

1 min  |

January 09, 2026

Business Standard

Trump admin to withdraw US from 35 global bodies, 31 UN entities

US President Donald Trump Wednesday said the United States would withdraw from dozens of international and UN entities, including a key climate treaty and a UN body that promotes gender equality and women's empowerment, because they “operate contrary to US national interests.”

2 min  |

January 09, 2026

Business Standard

₹ falls to 90.03 against $ amid 500% US tariff risk

The rupee witnessed increased volatility on Tuesday, with briefly strengthening to 89.74 per dollar due to intervention by the Reserve Bank of India (RBI) via dollar sales, but persistent dollar demand, driven by proposed steep US tariffs of 500 percent, coupled with selloff in equity markets led to depreciation of the local currency by the end of the trade.

1 min  |

January 09, 2026

Business Standard

After Census notification, states chalk out plans

A day after the Centre notified that the first phase of Census 2027, the phase of houselisting operations (HLO), will be conducted across the country from April 1 to September 30, the Odisha government on Thursday said it would carry out the exercise in April with nearly 100,000 enumerators fanning out across the state.

2 min  |

January 09, 2026

Business Standard

Farmers' income has more than doubled during Modi years, shows new paper

Study by a NITI Aayog member reveals income jumped 126% between 2014-15 and 2023-24, surpassing the target set by the Modi government

3 min  |

January 09, 2026
Business Standard

Business Standard

Ecologist who played key role in Western Ghats' conservation

In 2019, the Bombay Natural History Society (BNHS) gave the Salim Ali Award for that year to renowned ecologist Madhav Gadgil, who reminisced then how Ali, India’s legendary ornithologist, known till this day as the ‘birdman of India’, sparked in him an interest in nature that was to last a lifetime.

2 min  |

January 09, 2026
Business Standard

Business Standard

Govt proposes cutting timeline for cos to operationalise mines

The Centre has proposed shortening the timeline for companies to bring newly auctioned mines into operation from the existing three years to two years.

2 min  |

January 09, 2026

Business Standard

Excel Entertainment deal to boost pan-diaspora storytelling: Universal

Universal Music India, a division of the €11.8 billion Netherlands-based Universal Music Group (UMG), announced earlier this week that it has entered into an agreement to pick up a significant minority stake in Ritesh Sidhwani and Farhan Akhtar’s Excel Entertainment. The production house is behind films like Gully Boy, Dil Chahta Hai and Zindagi Na Milegi Dobara, as well as shows such as Mirzapur' and Made in Heaven, among others. Devraj Sanyal, chairman and CEO, India; senior vice-president, strategy, Africa, Middle East and Asia, Universal Music Group, in an email interview with Vanita Kohli-Khandekar, talks about the rationale behind the deal. Edited excerpts:

1 min  |

January 09, 2026
Business Standard

Business Standard

CG Power’s revival, Bachchan-style

The Insolvency and Bankruptcy Code (IBC) has been one of the defining legislation for the Indian corporate sector ever since it was enacted in 2016.

3 min  |

January 08, 2026

Business Standard

Fall in nominal GVA also pulls down real farm growth

India’s gross value added (GVA) for agriculture and allied activities is expected to grow at a modest rate of 3.1 per cent in real terms in financial year 2025-26 (FY26), down from 4.6 per cent in the last financial year despite a good monsoon and strong crop production, largely due to base effect and indirect impact of sharp dip in the nominal growth rates of GVA.

1 min  |

January 08, 2026

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