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Business Standard

₹ appreciates beyond 95 briefly as dollar positions unwind

The rupee rallied sharply against the dollar on Friday, breaching the 95-per-dollar mark during intraday trade, as a steep decline in crude oil prices prompted investors to unwind long-dollar positions amid growing expectations of a US-Iran agreement.

2 min  |

June 13, 2026

Business Standard

Shipping Min to nudge for U-turn on SCI divestment

Cabinet nod needed to remerge Shipping Corp with land arm

2 min  |

June 13, 2026

Business Standard

EPFO's little-known insurance scheme can give up to ₹7 lakh cover

Many Employees’ Provident Fund (EPF) subscribers are likely unaware that they are covered by a life insurance scheme worth up to ₹7 lakh.

1 min  |

June 13, 2026

Business Standard

China’s quest for a global role for the renminbi

The weaponisation of financial markets is driving the search for less risky alternatives, and China is stepping into the breach

4 min  |

June 13, 2026

Business Standard

₹40K cr rush: Companies lock in easing bond yields

₹27K cr debt haul this week; pipeline holds ₹13K cr for next week

2 min  |

June 13, 2026

Business Standard

Equities surge most in two mths as oil slips below $90

Indian equities rallied sharply on Friday, with the benchmark Sensex and Nifty 50 recording their biggest single-day gains in more than two months after oil prices tumbled on reports that the US and Iran were close to an agreement to end their ongoing conflict.

2 min  |

June 13, 2026

Business Standard

Tata Sons board discusses Chandra term, but no decision

The much anticipated board meeting of Tata Sons — the holding company of the salt-to-software conglomerate with revenue of over $150 billion — on Friday had an inconclusive discussion on the leadership issue, it is learnt.

2 min  |

June 13, 2026
Business Standard

Business Standard

Indian shooting loses its first star

OBITUARY | JASPAL RANA (1976-2026)

1 min  |

June 13, 2026

Business Standard

From TV to radio, govt proposes common broadcasting norms

The Centre has proposed a single regulatory framework for television (TV) and radio broadcasting services, extending the obligation of airing programmes on “themes of national importance and social relevance” from TV channels to private radio services.

1 min  |

June 13, 2026
Business Standard

Business Standard

Centres of concern

The Iran war has triggered unprecedented disruption in energy supply, and phrases like “near-term headwinds”, “margin pressure”, and “deferred capex” are echoing in boardrooms as a result.

3 min  |

June 13, 2026
Business Standard

Business Standard

India leads global wallet downloads

India recorded over 440 million digital wallet app downloads in 2025, according to a Sensor Tower report.

1 min  |

June 13, 2026
Business Standard

Business Standard

Renaissance, American pop: Man who restored the human form to art

Artist David Hockney, whose paintings of pools shimmering in the Los Angeles sunshine became icons of 20th-century art, died Thursday, his publicist, Erica Bolton said. He was 88.

3 min  |

June 13, 2026
Business Standard

Business Standard

Air India plans to downsize as Tata group balks at mounting losses

Air India is looking to defer aircraft deliveries, cut flights and postpone expansion plans after majority owner Tata group instructed the carrier to focus on reducing its record losses, according to people familiar with the matter.

1 min  |

June 13, 2026

Business Standard

Carmakers embrace hikes to offset higher input costs

Latest increase comes from TaMo

2 min  |

June 13, 2026

Business Standard

Passive value funds outpace active peers in last 3 years

The value rally of the past three years has delivered sharply different outcomes for active and passive investors.

2 min  |

June 13, 2026
Business Standard

Business Standard

IG Defence plans ₹10K cr deep-tech system pipeline by FY30

As India prepares for its largest-ever military drone acquisition, valued at over $2 billion, leading defence technology firm IG Defence on Friday unveiled an ambitious plan to build a ₹10,000 crore defence business pipeline by FY30.

1 min  |

June 13, 2026
Business Standard

Business Standard

Outlook on PI Industries cautious even as Japan partner raises estimates

Analysts expect sluggish FY27 earnings growth

2 min  |

June 13, 2026
Business Standard

Business Standard

For a room of one's own

“One can never come back home, but one can also never truly get away,” writes novelist and distinguished professor of mathematics at the University of Maryland, Manil Suri, in his memoir A Room in Bombay.

3 min  |

June 13, 2026

Business Standard

India summons US diplomat for second time

ATTACKS ON SHIPS WITH INDIAN SEAFARERS

2 min  |

June 13, 2026

Business Standard

State aims to treble defence investments

The Uttar Pradesh government is targeting a threefold increase in defence manufacturing investments to nearly ₹1 trillion, seeking to strengthen the state’s role in domestic industrial production.

1 min  |

June 13, 2026
Business Standard

Business Standard

Ashok Leyland explores logistics drone foray

Ashok Leyland, India’s second-largest manufacturer of commercial vehicles and the fourth-largest bus manufacturer globally, is set to enter a newer era in its defence mobility business.

2 min  |

June 13, 2026

Business Standard

Mobile phone sales by volume dropped 30-35% in May

Mobile device sales in volume slumped by a record 30-35 per cent year-on-year (Y-o-Y) in May, said retailers.

2 min  |

June 13, 2026
Business Standard

Business Standard

Marjane Satrapi's women

In 2017, a bunch of young women, all part of a college theatre society, of which this writer was a member, sat down to discuss a pressing issue: What play to adapt next?

3 min  |

June 13, 2026

Business Standard

Agri-tech startups must move beyond basic problem-solving: NITI Aayog official

India’s agri and water-tech startups must move beyond basic problem-solving and adopt technologies for entering new markets to overcome regulatory challenges, Himanshu Joshi, programme director at NITI Aayog, said on Friday.

1 min  |

June 13, 2026

Business Standard

₹531 cr central solar assistance gets approval

The central government has approved Central Financial Assistance (CFA) of ₹531 crore for 553 energy providers in Rajasthan, who are contributing to the energy security by setting up solar power plants under Component-C of the PM-KUSUM scheme, a senior official of the energy department said.

1 min  |

June 13, 2026

Business Standard

Question of compensation in homemaker's death

The Supreme Court on Wednesday introduced a separate head for compensation in motor accident deaths involving homemakers.

2 min  |

June 13, 2026

Business Standard

SpaceX valuation close to $2 trillion in Nasdaq debut

SpaceX was on course to rise in its Nasdaq debut on Friday, reflecting the frenzy for the Elon Musk-led company after its $75 billion IPO that made it the first-ever trillion-dollar debut in US public markets.

2 min  |

June 13, 2026

Business Standard

India reaffirms role in ILO-led coalition for social justice

India participated in a meeting of the Global Coalition for Social Justice on the sidelines of the 114th International Labour Conference (ILC) in Geneva, reaffirming its engagement with the International Labour Organization (ILO)-led initiative focused on labour rights, social protection, and inclusive growth.

1 min  |

June 13, 2026
Business Standard

Business Standard

The collapse and return of Venezuela oil trade with India

Prime Minister Narendra Modi’s recent meeting with Venezuela's acting President Delcy Rodriguez has once again brought that country back into India’s energy conversation.

1 min  |

June 13, 2026

Business Standard

Razorpay's confidential DRHP filing likely this mth

Razorpay is likely to confidentially file its draft red herring prospectus (DRHP) this month for an initial public offering (IPO), which could value the Bengaluru-based fintech company at between ₹50,000 crore and ₹60,000 crore.

1 min  |

June 13, 2026

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