CATEGORIES

Banks for 1-2% project finance provisioning
Business Standard

Banks for 1-2% project finance provisioning

RBI proposed 5%; industry sees short-term pain

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4 mins  |
May 08, 2024
FMCG firms move fast on volume growth while rural beats urban
Business Standard

FMCG firms move fast on volume growth while rural beats urban

Volume growth seems to be the latest mantra in the fast-moving consumer goods (FMCG) sector.

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2 mins  |
May 08, 2024
Proving mettle: Nifty metal index up 40% in 6 months
Business Standard

Proving mettle: Nifty metal index up 40% in 6 months

Stock run-up mainly driven by tighter supplies in the global markets

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3 mins  |
May 07, 2024
Business Standard

File tax return in mid-June, once all necessary info is available

Only taxpayers with single source of income or simple finances should file early

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3 mins  |
May 07, 2024
FPI shareholding in NSE firms at lowest in 11 yrs
Business Standard

FPI shareholding in NSE firms at lowest in 11 yrs

Gap between the shareholding of FPls, DIls narrows to a new low of 163 bps

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2 mins  |
May 07, 2024
Business Standard

Every rupee invested in agri research yields ₹13.85: Study

A s investment in agriculture research decelerated between 2011 and 2022, a recent working paper has revealed that every rupee invested in agricultural research yields a return of nearly 13.85, surpassing returns from all other activities linked to farming.

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2 mins  |
May 07, 2024
Marine heat causes record-high coral bleaching in Lakshadweep
Business Standard

Marine heat causes record-high coral bleaching in Lakshadweep

Extreme heat on the Indian coast and marine heatwave have caused record-high bleaching events, impacting the coral reefs in the Lakshadweep Sea.

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1 min  |
May 07, 2024
BJD obstructed Centre's schemes in Odisha: PM
Business Standard

BJD obstructed Centre's schemes in Odisha: PM

Prime Minister (PM) Narendra Modi on Monday said the people of Odisha would in June gett their first Bharatiya Janata Party (BJP) chief minister (CM) who speaks Odia and understands the state's culture, in an apparent dig at Biju Janata Dal (BJD) chief and CM Naveen Patnaik.

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1 min  |
May 07, 2024
Business Standard

A turbulent political life

IN fthere is a state in India where politics is both complex and -perplexing, it is Odisha.

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4 mins  |
May 07, 2024
Israel strikes Rafah city after evacuation order
Business Standard

Israel strikes Rafah city after evacuation order

Hamas says any operation in Rafah will not be 'picnic' for Israeli forces

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1 min  |
May 07, 2024
Business Standard

CBDC pilot programmes for CPs, CDs likely: RBI governor

Das says permanent deletion of transactions can make e-rupee anonymous

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2 mins  |
May 07, 2024
Rail freight up 1.4%; coal cargo falls 8% on cooler April in north, west India
Business Standard

Rail freight up 1.4%; coal cargo falls 8% on cooler April in north, west India

Indian Railways in April rang up a tepid 1.45 per cent growth rate in its freight volumes, dragged down by weak numbers in coal transportation.

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1 min  |
May 07, 2024
Business Standard

EAR TO THE GROUND - In Mainpuri, a grilling test of Mulayam's legacy

A 2000-bed hospital and medical university, theme parks, shopping complexes, large educational institutes, and even an airstrip: Saifai appears to be a vibrant city in a village-like setting.

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3 mins  |
May 07, 2024
Key seats, battle of prestige in Phase-III vote today
Business Standard

Key seats, battle of prestige in Phase-III vote today

BJP logged strong performance in these seats in last election; PM likely to cast vote at Ahmedabad 75 delegates from 23 countries invited to see poll process Source: ECI ARCHIS MOHAN New Delhi, 6 May From Union Home Minister Amit Shah looking to win Gandhinagar with a bigger margin to Aviation Minister Jyotiraditya Scindia gunning to reclaim his Guna bastion, the seats going to polls on Tuesday will see many interesting fights.

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2 mins  |
May 07, 2024
Car dealers may have to pay 18% GST on sale of test cars
Business Standard

Car dealers may have to pay 18% GST on sale of test cars

Car dealers will have to shell out an 18 per cent goods and services tax (GST) on the reimbursement of losses on sale of demonstration cars from car companies if the West Bengal ruling in a case related to a Mercedes Benz India (MBI) dealer sets a precedent.

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1 min  |
May 07, 2024
Naresh Goyal gets interim bail on medical grounds
Business Standard

Naresh Goyal gets interim bail on medical grounds

The Bombay High Court on Monday granted interim bail for two months on medical grounds to Jet Airways Founder Naresh Goyal, who has been arrested by the Enforcement Directorate (ED) in a money laundering case.

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1 min  |
May 07, 2024
Adani in talks with lenders to raise $600 mn offshore loan
Business Standard

Adani in talks with lenders to raise $600 mn offshore loan

Gautam Adani's conglomerate is seeking an offshore loan of about $600 million to refinance existing debt, according to people familiar with the matter.

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1 min  |
May 07, 2024
'Hope ICAI takes inputs from all for network rules'
Business Standard

'Hope ICAI takes inputs from all for network rules'

\"THREE SECTORS WHICH STAND OUT BASED ON CURRENT TRACTION ARE TECHNOLOGY, HEALTHCARE AND RETAIL & CONSUMER JJ PwC India is committed to fully engaging with relevant professional bodies and regulators, says chairperson SANJEEV KRISHAN in an interview with Raghav Aggarwal in New Delhi.

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2 mins  |
May 07, 2024
GCPL posts ₹1,893 cr loss in March quarter
Business Standard

GCPL posts ₹1,893 cr loss in March quarter

FMCG major Godrej Consumer Products on Monday reported a consolidated loss of 1,893.21 crore in the fourth quarter ended March 31, 2024, impacted by exceptional items related to impairment of brand and goodwill, and loss on sale of business in Africa.

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1 min  |
May 07, 2024
Business Standard

FSIB meet on May 21-22 to select SBI's next chief

The Financial Services Institutions Bureau (FSIB) is likely to meet on May 21-22 to recommend a candidate for the post of chairman of State Bank of India (SBI), said a person familiar with the matter.

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1 min  |
May 07, 2024
Business Standard

Committed to theaterisation of military: Rajnath

The theaterisation process in the military is making progress as consensus is emerging among the three services on the ambitious initiative, Defence Minister Rajnath Singh (pictured) said in first clear remarks reflecting forward movement in the mega reform initiative.

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1 min  |
May 06, 2024
Business Standard

Protecting streedhan: Maintain inventory, store in woman's locker

The husband's family should also document all gifts to avoid false allegations

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3 mins  |
May 06, 2024
Business Standard

Higher float to keep ETF buying in Airtel, Coal India buoyed up

Bharti Airtel, Coal India, and AU Small Finance Bank (SFB) are expected to see inflows of upwards of ₹1,000 crore as their weightings are set to rise in popular indices due to an increase in free-float shareholding.

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1 min  |
May 06, 2024
Business Standard

India has 'unexplored' opportunities: Buffett

Billionaire investor Warren Buffett said that the Indian market has \"unexplored\" opportunities which his conglomerate holding company, Berkshire Hathaway, would like to explore \"in the future\".

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3 mins  |
May 06, 2024
Xilands in Europe, touts ties with Macron
Business Standard

Xilands in Europe, touts ties with Macron

President Xi Jinping lauded China's ties with France as an international model on Sunday as he arrived in Paris for a rare visit against a backdrop of mounting trade disputes with the EU.

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2 mins  |
May 06, 2024
Business Standard

Tesla pullback puts onus on other firms to build electric vehicle chargers

Elon Musk, the chief executive of Tesla, blindsided competitors, suppliers and his own employees this week by reversing course on his aggressive push to build electric vehicle chargers in the United States, a major priority of the Biden administration.

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1 min  |
May 06, 2024
Modi: Opposition using Muslims as 'pawns'
Business Standard

Modi: Opposition using Muslims as 'pawns'

Prime Minister Narendra Modi on Sunday offered prayers at the Ram temple in Ayodhya and embarked on a road show, accompanied by Uttar Pradesh Chief Minister Yogi Adityanath, across the temple town.

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1 min  |
May 06, 2024
Business Standard

26-0 hat-trick in Gujarat? BJP upbeat but Cong sees opening

WHO VISITED AHMEDABAD, GANDHINAGAR, VADODARA, RAJKOT, SURAT, AND INDUSTRIAL HUBS DHOLERA AND SANAND, SUMS UP THE MOOD IN GUJARAT AHEAD OF THE MAY 7 POLLS

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4 mins  |
May 06, 2024
Business Standard

Short-term yields may soften on govt move

The Centre's decision to repurchase short-term government bonds, maturing within 6-9 months, is expected to lower the yields and ease liquidity conditions, said market participants.

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1 min  |
May 06, 2024
WTO's step towards dispute settlement process reform
Business Standard

WTO's step towards dispute settlement process reform

Towards the end of last month, Usha DwarkaCanabady, the representative of Mauritius to the World Trade Organization (WTO) was appointed as 'facilitator' for negotiations on reform of the WTO's dispute settlement process.

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2 mins  |
May 06, 2024