Business Standard - May 23, 2024
Business Standard - May 23, 2024
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May 23, 2024
Smartphones now India's fourth-largest export item
Smartphones are now the fourth-largest export item from India with 42 per cent growth to $15.6 billion in FY24, up by one notch in the ranking from the preceding year.
1 min
Windfall for govt as RBI to pay record â¹2.1 trn for FY24
Higher income both from domestic, foreign assets; contingency buffer raised to 6.5%
2 mins
PowerGrid profit dips to â¹4.1K cr
State-owned PowerGrid Corporation on Wednesday reported a nearly four per cent dip in its consolidated net profit to â¹4,166.33 crore in the March 2024 quarter, mainly due to a marginal decline in income.
1 min
Strong US, specialty sales help Sun Pharma Q4 profit rise 34%
Firmfor higher R&D spend in FY25
3 mins
Paytm's loss widens to â¹550 cr in Marqtr
Firm attributes income decline to 'temporary disruptio
1 min
Premium play to dial up smartphone mkt growth in '24
Indian smartphone sales, traditionally dominated by the entry and mid-range segments, are set to change as high-end and super-premium devices capture consumer attention.
2 mins
From Delhi to Delaware: Woes mount for Byju's
Ex-employees planning to take firm to NCLT next week to demand their dues
2 mins
SpiceJet to seek â¹450 cr refund from former promoter Maran
Maran dismisses airline's claim, says Delhi HC made no comments on refund
2 mins
Nandigram, cradle of land stir, waits for jobs
On March 14, 2007, about 14 people lost their lives when the police force opened fire at a gathering of land protestors in Nandigram.
4 mins
It's seasoned MP vs corporate veteran in Cuttack
Heads had turned in Odisha's political circles in October last year when Bhartruhari Mahtab, a sixtime BJD MP from Cuttack and four-time Sansad Ratna awardee, met Prime Minister Narendra Modi.
2 mins
'Socio-cultural milieu can't be a casualty to elections'
The Election Commission (EC) on Wednesday told the national presidents of the ruling Bharatiya Janata Party (BJP) and the Opposition Congress that the country's sociocultural milieu cannot be a casualty to elections.
3 mins
'Khan Market gang' spent lives concealing sins of Congress, says PM at Delhi rally
Addressing a public meeting in the national capital, Prime Minister Narendra Modi on Wednesday accused the \"Lutyens gang\" and the \"Khan Market gang\" of having spent their lives concealing the sins of the \"utterly communal Congress\" from the nation.
2 mins
Max Life plans to hire 30K agents, open up to 100 offices in FY25
Max Life Insurance plans to hire 30,000 agents and open 50 to 100 new offices in the financial year 2024-25 (FY25) to drive premium growth, said Prashant Tripathy, managing director and chief executive officer of the company.
1 min
LinkedIn India, Nadella, eight others fined
The Ministry of Corporate Affairs (MCA) fined Microsoft Chief Satya Nadella and eight other executives 27,10,800 for violating significant beneficial ownership (SBO) norms related to LinkedIn Technology Information, according to an order by the Registrar of Companies (ROC) - Delhi and Haryana.
1 min
Bumper RBI dividend to give govt more fiscal room
Surplus is well above budgeted figure of â¹1.02 trn in FY25 Interim Budget
2 mins
Anatomy of the surge in Kashmir's voter turnout
Valley braves militant attack in Pahalgam amid growing political vacuum
3 mins
Delhi gears up to ready a house for Mr MP
There are two phases of polling left in the 2024 Lok Sabha polls, but preparations have already begun in the national capital to house the first-time elected Members Parliament (MPs).
2 mins
AI black boxes just got a little less mysterious
Anthropic claims to have found clues about the inner workings of large language models
2 mins
'ICC warrants on Israel leaders wrongheaded'
Looking at 'appropriate steps to take' on the prosecutor's decision: Blinken
2 mins
Amazon plans to supercharge Alexa with AI
Amazon.com is working on an artificial intelligencedriven overhaul of its Alexa voice assistant and plans to charge a monthly subscription fee to offset technology costs, CNBC reported on Wednesday.
1 min
Tackling congestion for growing population
Many a time we wonder: \"Are our cities truly prepared?\" This question weighs heavily Lon us as our population grows and our resources dwindle, leaving our cities ill-prepared for what lies ahead.
3 mins
The East wind blows harder
The global power balance is shifting as China and Russia assert dominance in technology and diplomacy
4 mins
Healthcare sector most violative of norms: Asci
Most cases of advertisement violation of norms were reported from the health care sector during 2023-24, followed by illegal offshore betting and personal care categories, according to the Advertising Standards Council of India's (Asci's) Annual Complaints Report released on Wednesday.
2 mins
Higher output, reasonable valuations positive for ONGC
Upstream majors ONGC and Oil India (OIL) results for the January-March quarter (Q4) of FY24 suggest better production in future.
3 mins
Rebalancing: Adani Enterprises likely to dislodge Wipro from Sensex
Adani Enterprises is expected to replace Wipro in the benchmark Sensex.
1 min
Stock traders seek cues from poll shadow bets
Traders in the stock markets are turning to illegal election betting platforms for clues to combat the uncertainty facing citizens and markets alike regarding the outcome of a long general elections.
1 min
Sebi cracks the whip in Superior Finlease case
The Securities and Exchange Board of India (Sebi) has barred 17 entities and individuals from the securities market for five years and two others for three years each for allegedly operating a pump and dump scheme in Superior Finlease through misleading recommendations through Telegram Channels.
1 min
India's mcap to GDP ratio at 15-yr high of 140%
Current ratio a few notches below all-time high of 149.4%
2 mins
Stagger FD investments to catch peak rates
While some portion of your money should go into longer-tenure FDs offering higher rates, diversifying across maturities is essential as well
2 mins
BHEL slips 8% after below-par Q4 results
Earnings missed Street expectations
2 mins
Business Standard Newspaper Description:
åºç瀟: Business Standard Private Ltd
ã«ããŽãªãŒ: Newspaper
èšèª: English
çºè¡é »åºŠ: Daily
Business Standard is India's leading business daily.
A preferred choice of serious business readers, Business Standard is acknowledged as a quality leader.
Business Standard stands for reporting that stresses accuracy and credibility, commentary that is informed, independent and fair, and journalism that is rooted in ethical conduct and defined by a sacrosanct bond with the reader. All Business Standard journalists sign on to a code of conduct that is available on the website.
Business Standard's editorial team is led by Shyamal Majumdar.
The English newspaper is published from 12 centers - New Delhi, Mumbai, Kolkata, Bengaluru, Chennai, Ahmedabad, Hyderabad, Chandigarh, Lucknow, Pune, Kochi and Bhubaneswar. It is also printed from Bhopal.
The Hindi Business Standard is published from eight centres - New Delhi, Mumbai, Kolkata, Patna, Lucknow, Bhopal, Chandigarh and Raipur.
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