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Business Standard

‘Mid, smallcaps rally justified; largecap fortunes hinge on FIIs’

Investors are likely to continue rewarding growth pockets such as domestic cyclicals, manufacturing, and new-age technology firms, says Mihir Vora, chief investment officer at Trust Mutual Fund. In an email interview from Mumbai with Abhishek Kumar, Vora says the market recovery is still in its early stages, with valuations remaining supportive. Edited excerpts:

3 min  |

June 29, 2026
Business Standard

Business Standard

Board of Trade meet on July 3 to discuss $2 trn exports target

Commerce and Industry Minister Piyush Goyal, senior government officials and industry executives will on July 3 discuss ways to scale up India’s exports to $2 trillion by 2030-31, especially by improving utilisation of free trade agreements (FTAs), reducing logistics and compliance costs and strengthening the country’s export ecosystem, according to an official document reviewed by Business Standard.

2 min  |

June 29, 2026
Business Standard

Business Standard

A failure to cool

Thousands die from excess heat in summers and smog in winters, but our politics does not respond to public-health emergencies

4 min  |

June 29, 2026

Business Standard

ESIC to bolster internal audit as CAG flags gaps

The Employees’ State Insurance Corporation (ESIC) will constitute a three-member committee to review its internal audit mechanism and prepare a roadmap for strengthening audit oversight after the Comptroller and Auditor General (CAG) flagged shortcomings in the organisation's financial controls, according to two people aware of the matter.

1 min  |

June 29, 2026

Business Standard

Rethinking quality control

The new order will not solve the problem

2 min  |

June 29, 2026

Business Standard

Foreign universities build local faculty base in India

Foreign universities establishing campuses in India are building permanent local faculty bases rather than relying solely on academics from their home campuses, as overseas institutions expand their presence in the country’s higher education market.

2 min  |

June 29, 2026

Business Standard

'Heroes' of the Nord Stream conspiracy

Most people remember the 2022 sabotage of the Nord Stream gas pipeline, if they remember it at all, because of an arresting image: A wide, frothing geyser on the blue surface of the Baltic Sea.

3 min  |

June 29, 2026

Business Standard

India to prioritise Qatar, Bahrain FTAs over GCC pact

NEW DELHI OPTIMISTIC OF CONCLUDING TALKS WITH QATAR AND BAHRAIN MUCH FASTER, POSSIBLY EVEN IN RECORD TIME

2 min  |

June 29, 2026
Business Standard

Business Standard

Going green for planet blue

Sustainable finance is finding its way back on lenders’ agenda, and a taxonomy will give it a boost, reports Raghu Mohan

5 min  |

June 29, 2026

Business Standard

US, Iran resume attacks, trade threats

Iran launched missiles and drones on United States (US) military sites in Kuwait and Bahrain early on Sunday, shortly after US President Donald Trump threatened to wipe out the Iranian leadership if they did not stick to the interim agreement to end their war.

2 min  |

June 29, 2026

Business Standard

Developer free to form building-wise societies

Landowner Raj Kalamadir entrusted Ramniklal Kanji Vera, a developer, with redeveloping a property at Parel in Mumbai by demolishing the old building and constructing one or more new buildings on the plot.

2 min  |

June 29, 2026

Business Standard

Avoid presumptive taxation if actual expenses are high

Choose between old and new tax regimes carefully since free switching is not allowed every yr

4 min  |

June 29, 2026

Business Standard

‘Planning to develop 11k Mw pumped storage capacity’

Hinduja Renewables Energy, part of the diversified Hinduja Group, is working on an aggressive growth plan that includes ramping up capacity 10 times within four years, Managing Director and Chief Executive Officer Deepak Thakur tells Nandini Keshari and Sudheer Pal Singh in a video interview from Mumbai. Edited excerpts:

3 min  |

June 29, 2026

Business Standard

Dollar and the diaspora: Old courtship, new script

NRI money can steady a wobble, but it’s not a substitute for durable capital inflows. We need structural changes in the bond and equity markets

5 min  |

June 29, 2026

Business Standard

e2W penetration crosses 10% in June

Ten years after a new wave of modern electric two-wheelers (e2w) was launched by companies like Tork Motors and Ather Energy, their penetration has crossed the 10 percent mark for the first time.

1 min  |

June 29, 2026
Business Standard

Business Standard

Technology journalist who shaped how Silicon Valley saw itself

Om Malik, a technology journalist and investor whose blog, Gigaom, which he founded in 2001, established him as one of the most important voices in Silicon Valley and helped signal a shift in how the media covered the tech industry, died on Wednesday in Palo Alto, California. He was 59.

2 min  |

June 29, 2026

Business Standard

Debt, AI boom increasing global risks: BIS

Global pressures from rising public debt to financial fragilities and the sustainability of the artificial intelligence (AI) boom are increasing risks, underscoring the need for disciplined policymaking, according to the Bank for International Settlements (BIS).

1 min  |

June 29, 2026

Business Standard

GIFT City to offer fintechs runway that home turf doesn't

A clutch of India’s fintech firms are making a fresh push into cross-border payments through GIFT (Gujarat International Finance Tec)-City, moving beyond the country’s domestic regulatory framework to unlock emerging business cases with a new class of licence that offers better flexibility.

2 min  |

June 29, 2026
Business Standard

Business Standard

For SEZ 2.0, shift focus from concessions to governance

The committee constituted this February to study the harmonisation of export promotion schemes is scheduled to hold a stakeholder meeting on June 30 and recommend a roadmap for broad-based reforms to formulate a SEZ 2.0 policy.

2 min  |

June 29, 2026

Business Standard

Margin trading facility book hits record ₹1.3 trn in June

The margin trading facility (MTF) book surged in June for the third consecutive month — rising to a record ₹1.33 trillion, hinting at a strong appetite among investors for leverage bets despite market fluctuations.

2 min  |

June 29, 2026

Business Standard

BJD's big gamble: Can Sujata rewrite Pandian narrative?

Former bureaucrat’s induction reignites questions about her husband's political role. Hemant Kumar Rout writes

3 min  |

June 29, 2026

Business Standard

Heatwave leads to 1K excess deaths in France

Temperatures were forecast to reach 40 degrees Celsius (°C) in parts of Europe on Sunday as storms moved into other areas, with France reporting 1,000 excess deaths during the record-breaking heatwave.

1 min  |

June 29, 2026

Business Standard

FMCG firms to stall price hikes as crude oil cools

Fast-moving consumer goods (FMCG) companies are holding back on price hikes as crude oil rates have fallen and firms don’t want to derail volume growth.

1 min  |

June 29, 2026

Business Standard

Mid, smallcap selling weighs on market breadth

Profit-taking in mid and smallcap stocks kept market breadth weak for the second consecutive month after it touched a multi-year high in April.

1 min  |

June 29, 2026

Business Standard

Govt proposes easing licence timelines for moderate, high-risk medical devices

The Centre has proposed amendments to the Medical Device Rules (MDR), 2017, aimed at fast-tracking manufacturing licensing timelines for devices across different risk categories.

1 min  |

June 29, 2026
Business Standard

Business Standard

Steady and stable as she goes: India and the economic fallout of the Gulf conflict

When strikes closed the Strait of Hormuz at the end of February — the channel through which close to a fifth of the world’s oil and the bulk of India’s crude oil and cooking gas pass — the script for India seemed already written.

4 min  |

June 29, 2026
Business Standard

Business Standard

US trade pact proposal more like one-sided mkt access: Ashwani Mahajan

Ashwani Mahajan, former professor of economics at Delhi University’s PGDAV College and the national co-convenor of Swadeshi Jagran Manch (the economic think tank of the Rashtriya Swayamsevak Sangh), tells Archis Mohan in a telephonic interview from New Delhi as to why the US delegation to India returned “empty handed”.

4 min  |

June 29, 2026

Business Standard

Saudi Aramco helicopter crash kills 14 nationals

A helicopter belonging to Saudi oil giant Aramco crashed on Sunday in Ras Tanura on Saudi Arabia's eastern coast west of the Strait of Hormuz, killing 14 nationals, the state news agency reported, adding that the cause was unknown.

1 min  |

June 29, 2026

Business Standard

CertIn issues malware warning to WhatsApp web, desktop users

WhatsApp web and desktop users are being targeted by a large-scale malware distribution campaign that could give criminals unauthorised access and compromise their devices, national cybersecurity watchdog CertIn said in a note.

1 min  |

June 29, 2026

Business Standard

Beyond mfin & deposits: The next chapter for SFBs

For much of the past decade, small finance banks (SFBs) have been synonymous with financial inclusion.

2 min  |

June 29, 2026

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