CATEGORIES

Govt may still miss the ₹6 trn NMP target

The railways, power, and petroleum and natural gas assets are targeted to raise nearly ₹46,000 crore cumulatively.

‘Confident inflation will moderate in Q3... but risks remain’

Reserve Bank of India (RBI) Governor SHAKTIKANTA DAS, along with Deputy Governors MICHAEL PATRA, M RAJESHWAR RAO, SWAMINATHAN J and T RABI SANKAR, responds to a range of questions during a post-policy media interaction. Edited excerpts:

MPC holding out, but not for long

Ahead of the October meeting of the Monetary Policy Committee (MPC), uncertainty ran high on a potential change in rates, policy stance, and economic forecasts, and for good reason.

After Assembly poll results, battle shifts to Maharashtra

BJP to work for bigger mandate in state: Modi; Cong to study Haryana outcome

Atishi forced to vacate Delhi CM's residence, claims CMO

Delhi chief minister's residence at 6, Flagstaff Road in Civil Lines was forcibly vacated at the behest of the BJP as Lt Governor V K Saxena wants to allot it to a saffron party leader, the CMO alleged in a statement on Wednesday.

Rural indebtedness up, income, spend rise too

Share of food as part of rural consumption falls by 7.84%

Early dip in stubble fires offers brief relief, but pollution threat looms

Delhi's brief reprieve from pollution, a welcome breath of fresh air during the monsoon months, might just linger a little longer. As the first gusts of the stubble-burning season sweep in, the skies are showing a promising change - incidents of crop residue burning have plummeted by nearly 65 per cent.

WB's Gill: India's rise as high-income developed nation 'not guaranteed'

Underscoring the threat of a middle-income trap, World Bank Chief Economist Indermit Gill has said that India's rise as a high-income developed country is \"not guaranteed\" unless it takes specific measures, including giving more economic freedom and improving quality of education.

CBAM arbitrary, can hurt industry: FM

EU's deforestation rules could disrupt India's supply chains, says Sitharaman

‘Lot of innovation in the pipeline for cheese JV’

Two years after announcing its joint venture (JV), Britannia Industries and Bel Group on Wednesday inaugurated their first cheese factory in Ranjangaon, Maharashtra, with an investment of ₹220 crore. VARUN BERRY, executive vice-chairman and managing director of Britannia Industries, and CÉCILE BÉLIOT, chief executive officer of Bel Group, discuss capturing a larger share of the cheese market in India in an exclusive telephonic interview with Sharleen D'Souza. Edited excerpts:

Govt may send notices to e-com, qcom players on expiry date norms

The Central Consumer Protection Authority (CCPA) has tightened scrutiny on quick commerce and ecommerce players on issues of flouting the rules of selling products close to the expiry date.

A-I, Vistara in churn over pilot career progression plan

Vistara pilots claim A-I colleagues leapfrogging them in promotion

Physics Wallah looks for ibankers for IPO in 2025

The two founders of edtech company Physics Wallah are in talks with investment bankers after closing a funding round of $210 million as they prepare for an initial public offering (IPO), sources told Business Standard.

Ready to export to new EV mkts if there is demand

All set to debut on Indian bourses, Korean-origin auto major Hyundai Motor India Ltd (HMIL) says its IPO will ensure the company is more “dedicated” to succeed in India. Speaking with Sohini Das and Samie Modak in Mumbai, UNSOO KIM, president, CEO and MD, WANGDO HUR, executive director and CFO, and TARUN GARG, whole time director and COO of HMIL outline their plans. Edited excerpts:

Top energy, commodity, infra companies see senior executive exits

During the last one month, at least six senior executives working at top companies in the energy, commodity and capital goods spaces have tendered their resignations, show disclosures.

PW is able to develop set of products that are disruptive

DEBORAH QUAZZO, managing director of US-based tech investor GSV Ventures, explains to Aryaman Gupta in an interview in New Delhi on the firm's big-ticket investments in Physics Wallah (PW), and why it has shied away from ploughing funds into the beleaguered edtech firm Byju's. Edited excerpts:

RBI holds rate again, shifts stance gear to neutral

Das says inflation-growth balance well-poised; rates may start falling from Dec

Hyundai set for ₹27,856 cr IPO, India's biggest

Indian arm to be valued at₹1.59trn

Alia Bhatt, Diljit Dosanjh, Orry among 10 'riskiest' celebs for online search

If you are a fan of singer Diljit Dosanjh, actor Alia Bhatt or cricketer Virat Kohli, beware of online links about them. They are among 10 celebrities whose names generate the “riskiest” online results, according to a report.

Kolkata slowly gets into Durga Puja spirit

Retail, restaurant, sponsorship gradually recover from the strain of protests and the absence of Bangladeshi shoppers

India's manufacturing under-performance: A new clue from ‘multi-plants'

In Tuesday's piece, we highlighted the rise of the multi-plant phenomenon and showed that when account is taken of it, large plants in India have not grown over time despite a number of favourable developments such as policy liberalisation and contractualisation of labour. We also documented their lower productivity, which could explain in part why Indian firms did not become competitive internationally, especially in labour-intensive sectors.

CRISIL expects 25% hit on discount brokers' PBT over regulatory changes

A raft of regulatory measures by the Securities and Exchange Board of India (Sebi) is expected to hit the profitability of brokerages, particularly those operating the discount model. The estimated hit could be around 25 per cent of their profit before tax (PBT), said CRISIL Ratings in a note on Tuesday.

Low on equities, hybrids withstand mkt turmoil

BAFs decline 2.7% on average compared to a 5.4% fall in Nifty 50

Sebi issues checklist for AIFs to curb circumvention

The Securities and Exchange Board of India (Sebi) on Tuesday issued fresh guidelines on due diligence of investors in the alternative investment funds (AIFs) to prevent circumvention of norms and ever-greening of loans.

Ultratech better placed amid recovery hopes

The cement industry struggled through the July-September quarter (Q2) of financial year 2025 (FY25) due to seasonal factors and high competitive intensity.

Time to flip the script and turn the page on India stocks? Experts weigh in

Recent developments - geopolitical flare-ups in West Asia that have triggered an 18 per cent increase in crude oil prices to around $80 a barrel in just a few days, stimulus measures announced by China to prop up its economy, and the lofty valuation of Indian markets (23x one-year forward earnings) - have prompted foreign portfolio investors to dump Indian stocks worth over ₹30,000 crore in the first four trading days of October.

MFISRO to review indebtedness compliance

Micro Finance Industry Network (MFIN), a self-regulatory organisation for the microfinance sector, will review the compliance of its members regarding norms to restrict the number of lenders per borrower to four, and the limit of total microfinance indebtedness to ₹200,000.

LIC reduces 1st-year agent payout to 28% from 35%

First insurer to change commission after revision in surrender value norms

The unique women of the Constituent Assembly

Hidden Figures, a Hollywood film released in 2016 was about the lives of three Black women mathematicians whose contribution to the launch of the American space capsule, Friendship 7, was seminal. The film describes their day-to-day struggles against discrimination, prejudice and other barriers that they overcame to become role models for many.

Non-life premiums fall 6.5% in Sep as crop, auto segments drag

Non-life insurers have reported a 6.53 per cent year-on-year (Y-o-Y) drop in premiums in September, owing to underperformance of state-owned general insurers, slowdown in auto sales impacting motor insurance segment, and weak performance in the crop insurance segment.