CATEGORIES

Global biofuel alliance sets up three-pronged work plan
Business Standard

Global biofuel alliance sets up three-pronged work plan

While it remains without a charter, or a permanent secretariat, the Global Biofuel Alliance (GBA) has adopted a work plan focused on assessing country landscapes, drafting policy frameworks, and conducting biofuel workshops, petroleum and natural gas ministry officials said.

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2 mins  |
May 08, 2024
Business Standard

EPFO reviewing options after K'taka HC ruling

The Employees' Provident Fund Organisation (EPFO) is ‘actively' evaluating its options following a recent Karnataka High Court judgement that has struck down the inclusion of international workers under the ambit of Employees' Provident Fund (EPF), terming it as \"unconstitutional and arbitrary\".

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1 min  |
May 08, 2024
Iraq closes gap as Moscow's oil discounts shrink
Business Standard

Iraq closes gap as Moscow's oil discounts shrink

Tighter US sanctions, Russia's crude output cut hurt discounts to India

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3 mins  |
May 08, 2024
From barracks to ballot box: service voters on the climb
Business Standard

From barracks to ballot box: service voters on the climb

The number of electors from the armed forces and other similar services has been increasing.

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1 min  |
May 08, 2024
Phase-III records 61.4% voter turnout on 93 seats
Business Standard

Phase-III records 61.4% voter turnout on 93 seats

Close to 62 per cent eligible voters turned up at polling booths across 93 Lok Sabha constituencies on Tuesday in the third phase, as the general elections reached the halfway mark.

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2 mins  |
May 08, 2024
Business Standard

Free breakfast to diamond rings, EC on overdrive to boost voter turnout

Low voter turnout in several constituencies has prompted the Election Commission (EC) to take help from civil society, start-ups, traders' association and others to enthuse the electorate to turn up at polling booths.

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1 min  |
May 08, 2024
EAR TO THE GROUND Young turks battle it out in LJP's Samastipur bastion
Business Standard

EAR TO THE GROUND Young turks battle it out in LJP's Samastipur bastion

\"Pranam Chacha, apan beti ko vote dena (greetings uncle, please vote for your daughter),\" said 25-year-old Delhi School of Economics (DSE) graduate Shambhavi Choudhary, who was trying to connect with the people of Samastipur, a town 80 km from Patna.

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3 mins  |
May 08, 2024
Business Standard

Nilekani-backed people+ai rolls out AI strategy...

An initiative of Nandan Nilekani's EkStep Foundation, people+ai on Tuesday unveiled its vision for the future of Artificial Intelligence (AI) in India, dubbed 'Adbhut India' (Amazing India).

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1 min  |
May 08, 2024
HP in talks with Dixon, VVDN for laptop assembly
Business Standard

HP in talks with Dixon, VVDN for laptop assembly

HP India is currently in talks with VVDN Technologies and Dixon Technologies to assemble its laptops in the country, according to people in the know.

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2 mins  |
May 08, 2024
Rural FMCG growth overtakes urban after 5 quarters
Business Standard

Rural FMCG growth overtakes urban after 5 quarters

India's fast-moving consumer goods (FMCG) sector witnessed growth in rural consumption in volume terms outpace urban consumption for the first time in five quarters, in the JanuaryMarch period.

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2 mins  |
May 08, 2024
Paytm loses UPI market share for 3rd month
Business Standard

Paytm loses UPI market share for 3rd month

Fintech major Paytm continued to see a dip in Unified Payments Interface (UPI) transactions for the third consecutive month in April, data from the National Payments Corporation of India (NPCI) shows.

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1 min  |
May 08, 2024
Business Standard

FY25 to be best year for Happiest Minds since IPO: Chairman Ashok Soota

For Happiest Minds Technologies, FY25 is poised to be \"best year ever\" since its stellar listing on the bourses with a 111 per cent premium over its issue price in September 2020, right in the middle of the pandemic.

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1 min  |
May 08, 2024
Hinduja rejigs consortium to acquire Reliance Capital
Business Standard

Hinduja rejigs consortium to acquire Reliance Capital

New structure will help meet FDI ceiling of 74% for insurance sector

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2 mins  |
May 08, 2024
Sazerac may hike John Distilleries stake to 60%
Business Standard

Sazerac may hike John Distilleries stake to 60%

Sazerac, the fourth largest American spirits company, is in advanced talks to increase its stake in Bengaluru-based John Distilleries from 43 per cent to a majority stake of 60 per cent.

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2 mins  |
May 08, 2024
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

RBI loan norms singe PSU banks, infra financiers

Under proposed rules, lenders will have to allocate up to 5% for under-construction infra project financing

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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
Business Standard

Govt to go all out on solar to meet power demand

The Rajasthangovernment is looking to increase dependence on solar energy from the current 12-14 per cent to over 40 per cent of consumption by 2030 to bridge the power gap.

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1 min  |
May 07, 2024
₹45K cr boost on cards for cargo
Business Standard

₹45K cr boost on cards for cargo

UTTAR PRADESH VIRENDRA SINGH RAWAT Lucknow,6 May The Uttar Pradesh (UP) government has earmarked nearly 45,000 crore for investments in highways and tertiary roads in the current financial year 2024-25 (FY25).

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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
A tough time for portfolio managers
Business Standard

A tough time for portfolio managers

Markets are going through a major shift in style and leadership, akin to the 2003-08 bull run

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5 mins  |
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
Business Standard

Prioritise trade New markets and harmonised regulations necessary

The Reserve Bank of India (RBI) has released the data for services exports over the course of 2023-24, and there are lessons that the next government should draw for its trade policy.

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2 mins  |
May 07, 2024
Business Standard

The absence of a quality mindset

\"It took several years of bad publicity - ranging from non-standard quality (NSQ) drugs and counterfeit medicines being sold freely in the domestic market to pharmaceuticals exported by Indian firms resulting in hundreds of deaths across multiple countries—before the Indian drug regulator decided to act.

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3 mins  |
May 07, 2024
Macron, EU chief press Xion trade in Paris talks
Business Standard

Macron, EU chief press Xion trade in Paris talks

China working vigorously’ to facilitate Ukraine peace talks, says Xi

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1 min  |
May 07, 2024