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Business Standard

Tweaks to NFO filing process in the offing

Market regulator Securities and Exchange Board of India (Sebi) on Wednesday proposed tweaks to the regulatory filing procedure of new fund offers (NFOs).

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1 min  |
October 31, 2024
Markets decline on selling in banking, financial stocks
Business Standard

Markets decline on selling in banking, financial stocks

Benchmark equity indices Sensex and Nifty declined on Wednesday, as selling pressure in banking and financial stocks amid a bearish trend in global markets unnerved investors.

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1 min  |
October 31, 2024
India's gold demand up 18% in Q3
Business Standard

India's gold demand up 18% in Q3

India's gold demand witnessed an 18 percent on-year growth during the July-September quarter of this year to 248.3 tonnes, as the reduction in gold import duty resulted in a revival in jewellery demand, the World Gold Council (WGC) said in a report on Wednesday.

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2 mins  |
October 31, 2024
Business Standard

Swiggy early investors to pocket gains ranging between 3x and 35x

Food delivery aggregator Swiggy's early investors will see returns as high as up to 35x as the company lists on the Indian bourses.

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1 min  |
October 31, 2024
Record 2.5 mn diyas set the tone for Ram temple's first Diwali
Business Standard

Record 2.5 mn diyas set the tone for Ram temple's first Diwali

The margins of the Saryu River lit up with a record 2.5 million diyas (earthen lamps) as the evening progressed in Ayodhya on the eve of Diwali on Wednesday, setting the perfect tone for the first Deepotsav celebration since the consecration of the Ram temple.

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1 min  |
October 31, 2024
Spot Diwali airfares on key routes nosedive
Business Standard

Spot Diwali airfares on key routes nosedive

Spot airfares on major domestic routes have dropped by up to 32 percent for travel around Diwali, driven by subdued demand and a strategic shift in airline pricing.

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2 mins  |
October 31, 2024
SAMSUNG IN VIETNAM VERSUS APPLE IN INDIA
Business Standard

SAMSUNG IN VIETNAM VERSUS APPLE IN INDIA

Apple Inc exported iPhones worth $10 bn from India in FY24, a fifth of what Samsung achieved last year in Vietnam

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5 mins  |
October 31, 2024
Business Standard

A forgotten Iranian hostage crisis

In 2017, Ben Macintyre wrote Rogue Heroes: The History of the SAS, Britain's Secret Special Forces Unit That Sabotaged the Nazis and Changed the Nature of War. It was a digression from his earlier focus on espionage during World War II and the Cold War.

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3 mins  |
October 31, 2024
Business Standard

Rural safety net

Dependence on MGNREGS must be reduced

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2 mins  |
October 31, 2024
Business Standard

Targeting winter pollution

Searching for silver bullets is impractical

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2 mins  |
October 31, 2024
India's options amid shifting global trade rules
Business Standard

India's options amid shifting global trade rules

With the changing dynamics of global trade institutions, India needs to infuse flexibility into its trade policy

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4 mins  |
October 31, 2024
Business Standard

The widening cracks in state finances

India's federal fiscal policy has behaved well post-pandemic, with both the Centre and states aligning their consolidation path until recently.

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4 mins  |
October 31, 2024
Indian-Americans rally behind Harris
Business Standard

Indian-Americans rally behind Harris

As the US election heads for a finish, Democratic nominee Kamala Harris, the daughter of Indian and Jamaican immigrants, has been counting on support from the Indian-American community in most of the pivotal battleground states.

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1 min  |
October 31, 2024
'Davos in the desert' finds almost no mention of war
Business Standard

'Davos in the desert' finds almost no mention of war

Saudi Arabia, its Gulf neighbours seek to reassure investors that it's safe to do business amid turmoil in West Asia

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1 min  |
October 31, 2024
Business Standard

Alphabet's AI bet pays off with Cloud, search growth

Google parent Alphabet said its AI investments were \"paying off\" as it reported a 35 percent surge in its cloud business and US poll-related spending lifted YouTube ad sales in the third quarter.

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1 min  |
October 31, 2024
Samsung's $122 bn wipeout shows cost of sleeping on AI
Business Standard

Samsung's $122 bn wipeout shows cost of sleeping on AI

Just a few months ago, Samsung Electronics looked primed to benefit from the global AI boom: profits were surging and its stock was rising toward an all-time high.

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1 min  |
October 31, 2024
US election nerves are fuelling bets on Asian sovereign bonds
Business Standard

US election nerves are fuelling bets on Asian sovereign bonds

India, Indonesia, South Korea top picks

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2 mins  |
October 31, 2024
Robust spending drives US Q3 GDP growth 2.8%
Business Standard

Robust spending drives US Q3 GDP growth 2.8%

Consumer spending rises at fastest pace since Q1 2023

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2 mins  |
October 31, 2024
'Invest in China' to boost 'Make in India': Feihong
Business Standard

'Invest in China' to boost 'Make in India': Feihong

Chinese envoy calls for closer commercial ties between the two nations

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2 mins  |
October 31, 2024
Business Standard

Canada alleges Shah behind plot to target Khalistanis

A Canadian official alleged Tuesday that Home Minister Amit Shah ordered a campaign of violence, intimidation and intelligence-gathering targeting Khalistanis in Canada.

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1 min  |
October 31, 2024
Bulk onion sales stabilised prices across mkts: Centre
Business Standard

Bulk onion sales stabilised prices across mkts: Centre

The retail price of onions has stabilised in major markets of Andhra Pradesh, Maharashtra, Karnataka, Uttar Pradesh, Tamil Nadu and New Delhi since the bulk sale through trains began on October 20, the Centre claimed on Wednesday, as the second rake carrying 840 tonnes of buffer onions reached the national capital.

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1 min  |
October 31, 2024
Business Standard

Disengagement between India, China troops in eastern Ladakh complete

Indian and Chinese troops have completed disengagement at two friction points at Demchok and Depsang Plains in eastern Ladakh and patrolling is set to commence soon at these points, Army sources said on Wednesday.

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1 min  |
October 31, 2024
Aditya Birla Cap Q2 net up 42% on one-off gain
Business Standard

Aditya Birla Cap Q2 net up 42% on one-off gain

Aditya Birla Capital on Wednesday reported 42 per cent year-on-year (Y-o-Y) growth in consolidated net profit to ₹1,001 crore in July-September quarter of 2024-25 (Q2FY25) from ₹705 crore in Q2FY24.

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1 min  |
October 31, 2024
Business Standard

Canara Bank reins in gold loan growth

Public sector lender Canara Bank has moderated the gold loan growth to 15-17 per cent from an earlier pace of 25-30 per cent in the backdrop of regulatory concerns and to balance the portfolio.

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1 min  |
October 31, 2024
Centre exploring move to ease foreign investment norms
Business Standard

Centre exploring move to ease foreign investment norms

Policymakers looking at option of foreign investments through mix of equity and debt

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2 mins  |
October 31, 2024
AAP and BJP lock horns over 'health model' ahead of polls
Business Standard

AAP and BJP lock horns over 'health model' ahead of polls

The efficacy of Delhi's 'health model' versus the Centre's Ayushman Bharat scheme is set to shape the contours of the political contestation between the ruling Aam Aadmi Party (AAP) and the opposition Bharatiya Janata Party (BJP) in the run-up to the Assembly polls in the national capital.

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2 mins  |
October 31, 2024
Expansion to benefit elderly, but experts flag reimbursement woes
Business Standard

Expansion to benefit elderly, but experts flag reimbursement woes

With rising number of patients, healthcare providers call for timely payments

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2 mins  |
October 31, 2024
Pvt banks see sequential fall in profit
Business Standard

Pvt banks see sequential fall in profit

Slippages in unsecured retail portfolios take a toll on private lenders' Q2 showing; elevated credit costs also hurt

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2 mins  |
October 31, 2024
Apr-Sep fiscal deficit at 29% of FY25 target
Business Standard

Apr-Sep fiscal deficit at 29% of FY25 target

Rising tax revenues and RBI dividend boost receipts

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1 min  |
October 31, 2024
US-China tensions no opportunity for India
Business Standard

US-China tensions no opportunity for India

India is not looking at the ongoing US-China trade tensions as an opportunity for its own benefit, and the country stands on its strengths such as democratic institutions, robust rule of law, and talented youth.

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1 min  |
October 31, 2024