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Business Standard

Facing backlash, govt withdraws Sanchar Saathi pre-install order

The department added that more than 600,000 citizens registered to download the app in a single day after the DoT diktat — a tenfold increase.

2 min  |

December 04, 2025

Business Standard

Tourism min: Working on providing visa-on-arrival on reciprocal basis

India has started working on providing visa-on-arrival on a reciprocal basis, where countries that offer the facility to Indian tourists would get the same benefit when tourists from their countries visit India, Minister of Tourism and Culture Gajendra Singh Shekhawat said at the CII India Edge event in New Delhi on Wednesday.

1 min  |

December 04, 2025

Business Standard

Nomura predicts Nifty at 29,300 by 2026-end

Nomura expects benchmark Nifty 50 to climb to 29,300 by end of 2026, about 12 per cent above current levels, as cyclical economic momentum and earnings growth regain traction under supportive policies, its analyst Saion Mukherjee said.

1 min  |

December 03, 2025

Business Standard

Benchmarks fall for third straight day

Benchmarks fell for a third consecutive session on Tuesday as concerns over foreign outflows and the rupee falling to a record low fuelled profit booking.

1 min  |

December 03, 2025

Business Standard

Flag pending deregulation issues, Cabinet Secretariat tells states

The Cabinet Secretariat has asked state governments to flag any pending issues they face with central government departments in connection with its ongoing deregulation exercise, multiple senior government officials said, ahead of a meeting of chief secretaries later this month to review the reforms.

4 min  |

December 03, 2025

Business Standard

Loan growth, profitability ahead for public-sector banks

The Indian banking sector could be due for a rise in profitability after several quarters of net interest margin or NIM compression. The Q2FY26 results suggest NIMs have bottomed out. Credit costs could also fall given moderating stress in unsecured retail and microfinance institutions or MFIs.

3 min  |

December 03, 2025

Business Standard

Bank of Maha OFS subscribed 3x

The offer-for-sale (OFS) in Bank of Maharashtra (BOM) saw three times demand than the shares on offer.

1 min  |

December 03, 2025

Business Standard

Sanchar Saathi can be deleted, says govt; OEMs still reluctant

Apple, other global firms not on board; India's Lava to comply

4 min  |

December 03, 2025

Business Standard

In AI race, Apple Inc hands baton to B'luru graduate Amar Subramanya

Apple has appointed Amar Subramanya, a Bengaluru-born AI researcher and engineer with deep roots in both Google and Microsoft, as its new vice-president of artificial intelligence (AI), a move signalling the tech giant's push to catch up in the fast-evolving AI landscape.

1 min  |

December 03, 2025

Business Standard

India's trade crossroads: Navigating global headwinds with domestic resilience

India's trade report for October this year is a reminder that even fast-growing economies face external shocks that test both resilience and vulnerability. The month delivered a record trade deficit in merchandise of $41.7 billion, driven by a 200 per cent surge in gold imports and a steep 37.5 per cent drop in exports to the United States (US) after tariffs jumped from 10 per cent to 50 per cent in six months.

4 min  |

December 03, 2025

Business Standard

6,385 recognised startups categorised as 'closed' as of Oct 31

As many as 6,385 recognised startups have been categorised as 'closed' as of October 31, according to the data from the Ministry of Corporate Affairs, Parliament was informed on Tuesday.

1 min  |

December 03, 2025

Business Standard

US-China: The end of engagement

The current trade war between the United States and China under the second Trump presidency has sent the bilateral and global order into a whirlwind.

3 min  |

December 03, 2025

Business Standard

Short-covering drives towards 90 vs $

The rupee’s weakness against the dollar continued on Tuesday, with the Indian currency hurtling toward the closely watched 90 a dollar and facing renewed selling pressure on multiple fronts.

1 min  |

December 03, 2025

Business Standard

AIF commitments jump to 13.5 trillion in 2025

As India aims to become the world's third-largest economy by 2030, with its GDP projected to grow from $3.9 trillion to $6.6 trillion, private markets, particularly alternative investment funds (AIFS), are playing a vital role in facilitating this growth, according to the DII Report 2025 by IVCA-360 One-Crisil.

1 min  |

December 03, 2025

Business Standard

Debt repayment, capex key to IPO proceeds utilisation

Companies are primarily using funds raised through fresh equity issuance to repay existing debt, followed by allocation for capital expenditure, according to a study by Bank of Baroda of over 200 filings with the market regulator between April and October 2025.

1 min  |

December 03, 2025

Business Standard

Abakkus MF to mark entry with flexicap fund

The newest entrant in the mutual fund (MF) industry Abakkus MF is set to launch its first equity scheme Abakkus FlexiCap Fund on December 8.

1 min  |

December 03, 2025
Business Standard

Business Standard

How AI rewired work and life

It's been three years since AI disrupted daily life with the launch of ChatGPT. It is now ubiquitous and, even amid fears of job losses and a looming bubble, the future is more rather than less AI

6 min  |

December 03, 2025

Business Standard

SAT reverses Sebi decision, okays Ketan Parekh's cross-examination

The Securities Appellate Tribunal (SAT) has overturned a Sebi decision and granted Singapore-based Rohit Salgaocar the right to cross-examine Ketan Parekh in an alleged insider trading case involving unlawful gains of ₹66 crore.

1 min  |

December 03, 2025

Business Standard

Wakefit's 1,289 cr IPO to open on Dec 8

Wakefit Innovations is aiming to raise ₹1,289 crore through its Initial public offering (IPO), which opens for subscription on December 8. The firm has fixed a price band of 185-195 per share.

1 min  |

December 03, 2025

Business Standard

India, Russia may cut duties, ease barriers

Bridging the vast trade imbalance between the two countries will sit at the heart of Russian President Vladimir Putin’s two-day state visit to New Delhi from Thursday, with both sides set to explore lowering duties and easing non-tariff barriers.

3 min  |

December 03, 2025

Business Standard

NCLAT reserves verdict on CCI's plea in WhatsApp-Meta case

The National Company Law Appellate Tribunal (NCLAT) on Tuesday reserved its order on a clarification plea filed by the Competition Commission of India (CCI) concerning the tribunal's November 4 judgment in the WhatsApp, Meta data-sharing case.

1 min  |

December 03, 2025

Business Standard

K-G gas dispute: SC to hear pleas of RIL, others in Feb

The Supreme Court on Tuesday decided to hear on February 25 and 26 the appeals filed by Reliance Industries Limited (RIL) and its partners, UK-based BP Exploration (Alpha) Limited and Canada's Niko (NECO) Limited, challenging a Delhi High Court ruling in the Krishna-Godavari (KG)-D6 gas migration dispute.

1 min  |

December 03, 2025

Business Standard

Nifty Bank rejig trims HDFC and ICICI heft

Both to see outflows of over $300 mn each; shares fall 1.25%

2 min  |

December 03, 2025

Business Standard

Imran Khan alive but 'mentally tortured': Sister

Pakistan's former prime minister Imran Khan is alive but subjected to “mental torture in solitary confinement”, his sister Dr Uzma Khan said on Tuesday after meeting him at Rawalpindi's Adiala Jail.

1 min  |

December 03, 2025

Business Standard

Bosses try bonus pools to calm AI- wary workers

Companies are betting that bonuses will persuade their employees to use artificial intelligence at work.

1 min  |

December 03, 2025

Business Standard

WHO issues first-ever norms for GLP-1 drugs

The World Health Organization (WHO) has come out with guidelines on the use of glucagon-like peptide-1 (GLP-1) agonist drugs, whose consumption in obesity management has skyrocketed across the world.

1 min  |

December 03, 2025

Business Standard

Equitas SFB looking to offload ₹352 crore bad loans to ARCs

Chennai-based Equitas Small Finance Bank (SFB) is looking to sell ₹352 crore of stressed, secured retail loans in two tranches through open auctions to asset reconstruction companies (ARCs) on December 8 and December 16.

1 min  |

December 03, 2025

Business Standard

India to induct N-powered submarine soon: Navy chief

India will commission the nuclear-powered ballistic missile submarine INS Aridhaman soon, Indian Navy chief Admiral Dinesh Tripathi said at a news conference in New Delhi on Tuesday.

2 min  |

December 03, 2025

Business Standard

India, Russia eye trade boost

Peskov said addressing India’s concerns over a massive trade deficit, cooperation on small modular nuclear reactors, and the expansion of defence and energy ties could all feature prominently in Friday’s summit talks.

2 min  |

December 03, 2025

Business Standard

India is a crown jewel for us: Binance APAC head

Despite regulatory challenges, India has emerged as the world’s fastest-growing cryptocurrency market. Binance — which registered with India’s Financial Intelligence Unit (FIU) last year — sees the country as a “crown jewel”. S B Seker, head of Asia Pacific (APAC) at Binance, in an interview with Peerzada Abrar in Bengaluru, discusses the firm's strategy for navigating India’s hazy licensing framework and competing with local exchanges. Edited excerpts.

3 min  |

December 03, 2025