CATEGORIES

‘Indian data should remain in Indian data centres’
Business Standard

‘Indian data should remain in Indian data centres’

Reliance Jio Chairman Akash Ambani on Tuesday appealed to the Centre to expedite the updating of draft of the 2020 data centre policy, and called for storing Indian data in local data centres.

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1 min  |
October 16, 2024
Satcom takes centre stage as Mittal says 'buy spectrum'
Business Standard

Satcom takes centre stage as Mittal says 'buy spectrum'

No auction of satellite spectrum: Telecom minister

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2 mins  |
October 16, 2024
Debt-free Tata Sons has firepower for newer biz
Business Standard

Debt-free Tata Sons has firepower for newer biz

Tata Sons is a debt-free company on a net basis for the first time in 18 years.

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3 mins  |
October 16, 2024
37-day strike by Samsung workers ends finally
Business Standard

37-day strike by Samsung workers ends finally

Wage hike, assurance of no disciplinary action behind the breakthrough

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2 mins  |
October 16, 2024
Fresh vs OFS: Hyundai IPO to upend '24 skew
Business Standard

Fresh vs OFS: Hyundai IPO to upend '24 skew

Share of fundraising via fresh issuances so far is highest in 12 yrs

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2 mins  |
October 16, 2024
China Ends War Games In Taiwan, But It's Not Over Yet
Business Standard

China Ends War Games In Taiwan, But It's Not Over Yet

China's military vowed to take further action against Taiwan if needed after staging a day of war games on Monday. It said were a warning to "separatist acts" and which drew flak from Taiwan and the US.

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1 min  |
October 15, 2024
Fact Vs Fiction: Trump's Tariff Tussle With India
Business Standard

Fact Vs Fiction: Trump's Tariff Tussle With India

On October 11, during a public meeting in Detroit, former US President Donald Trump called India the "biggest charger" of tariffs on foreign goods. This wasn't his first criticism. Last month, he called India "an abuser" of import tariffs, and in 2020, he labelled the country "Tariff King." Let's look at whether Mr Trump's claims about India's high tariffs are accurate, whether India's tariffs break global trade rules, and how this affects the India-US relationship.

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4 mins  |
October 15, 2024
Business Standard

PhonePe launches firecracker insurance

Payments major PhonePe on Monday said it has tied up with Bajaj Allianz General Insurance to offer affordable insurance coverage against firecracker-related accidents during Diwali for a limited period.

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1 min  |
October 15, 2024
Business Standard

Delhi air quality index hits 'poor' levels; Grap Stage-I enforced

As Delhi's air quality sinks deeper into the 'poor' category, the Commission for Air Quality Management (CAQM) has invoked Stage-I of the Graded Response Action Plan (Grap) across the entire National Capital Region (NCR). Delhi's daily average Air Quality Index (AQI) clocked 234 as per the daily AQI Bulletin provided by the Central Pollution Control Board. An AQI of 50 or below is considered 'good,' while 'satisfactory' falls between 51-100. A 'moderately polluted' reading ranges from 101-200, 'poor' extends from 201-300, 'very poor' between 301-400, and anything above 400 is deemed 'severe'.

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1 min  |
October 15, 2024
Ops hit after 3 flights receive bomb threats
Business Standard

Ops hit after 3 flights receive bomb threats

A-I flight diverted, two IndiGo flights delayed

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1 min  |
October 15, 2024
Al to light the path at India Mobile Congress
Business Standard

Al to light the path at India Mobile Congress

PM to highlight transformative technology in inaugural address today; 15 ministries to showcase AI integration

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2 mins  |
October 15, 2024
TWIST IN THE TALE
Business Standard

TWIST IN THE TALE

India presses ahead with coal as China cuts permits ahead of COP29

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5 mins  |
October 15, 2024
2Ws, 3Ws likely drivers of auto sector growth
Business Standard

2Ws, 3Ws likely drivers of auto sector growth

Muted PV, CV sales volume in Q2 may reflect in performance of segment leaders

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2 mins  |
October 15, 2024
Demand-supply mismatch sign of imbalance
Business Standard

Demand-supply mismatch sign of imbalance

The Securities and Exchange Board of India's (Sebi's) whole-time member Ananth Narayan on Monday sounded an alarm on an \"imbalance\" in the market, citing a mismatch between demand and supply of securities.

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1 min  |
October 15, 2024
Business Standard

Sensex gains amid bargain hunting

India's benchmark indices gained on Monday led by heavyweights HDFC Bank, Infosys, and Larsen and Toubro following back-to-back weekly losses.

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1 min  |
October 15, 2024
Anil Ambani challenges Sebi's ₹625 crore penalty order
Business Standard

Anil Ambani challenges Sebi's ₹625 crore penalty order

Anil Ambani, chairman of the Reliance Group, has filed a plea in the Securities Appellate Tribunal (SAT) against an order by the Securities and Exchange Board of India (Sebi) on Reliance Home Finance (RHFL), imposing a total penalty of ₹625 crore on 26 individuals.

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1 min  |
October 15, 2024
Hyundai raises ₹8,315 cr from anchor investors
Business Standard

Hyundai raises ₹8,315 cr from anchor investors

Hyundai Motor India Ltd (HMIL) raised ₹8,315 crore from anchor investors on Monday, setting the stage for the country's biggest-ever maiden share sale. The Indian arm of the South Korean carmaker Hyundai Motor Company (HMC) allotted 42.4 million shares to 225 funds at ₹1,960 apiece, the higher end of its price band.

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2 mins  |
October 15, 2024
A hopeful narrative of India's potential
Business Standard

A hopeful narrative of India's potential

This is yet another book riding on the advances the Indian economy made after economic liberalisation and the accelerated growth of recent years.

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3 mins  |
October 15, 2024
New F&O stock lineup awaits Sebi green light
Business Standard

New F&O stock lineup awaits Sebi green light

Sources reveal that exchanges submitted a list featuring 40 net additions

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2 mins  |
October 15, 2024
Business Standard

Safe landing

New capability of SpaceX will improve space exploration

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2 mins  |
October 15, 2024
Business Standard

The power of institutions

Economics Nobel rewards those asking the deepest questions

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2 mins  |
October 15, 2024
Viksit@2047: A matter of priorities
Business Standard

Viksit@2047: A matter of priorities

India's ambition may seem out of reach, but two and a half decades provide ample time to prepare - if it gets its focus right

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4 mins  |
October 15, 2024
40,000 Indians apply for new Australian work visa
Business Standard

40,000 Indians apply for new Australian work visa

About 40,000 applications have been submitted in two weeks for 1,000 spots under Australia's new Working Holiday Maker visa programme, Australian Assistant Minister for Immigration Matt Thistlethwaite said on Monday.

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1 min  |
October 15, 2024
Israel kills at least 18 in strike on Christian town in Lebanon
Business Standard

Israel kills at least 18 in strike on Christian town in Lebanon

Israel expanded its targets in its war with the Iran-backed Hezbollah militia in Lebanon on Monday, killing at least 18 people in an airstrike on the Christian-majority town of Aitou in the north, the Lebanese Red Cross said.

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1 min  |
October 15, 2024
Economics Nobel for inequality researchers
Business Standard

Economics Nobel for inequality researchers

Trio wins prize for work on gaps in prosperity among nations, and how institutions affect economic progress

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2 mins  |
October 15, 2024
Business Standard

ITC rule:Bombay HC seeks response from state's revenue dept

The Bombay High Court has recently granted an interim stay on a court order asking Enzene Biosciences Ltd to reverse proportionate Input Tax Credit (ITC) on interest earned on fixed deposits(FDs), and directed the pharmaceutical company to pay 10 per cent of the total tax amount.

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1 min  |
October 15, 2024
India pulls out top envoy, expels 6 Canada diplomats
Business Standard

India pulls out top envoy, expels 6 Canada diplomats

India's diplomatic relations with Canada hit a fresh low on Monday following New Delhi's decision to withdraw its High Commissioner, Sanjay Kumar Verma, along with other diplomats and officials, from the North American nation and expel six of its diplomats.

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2 mins  |
October 15, 2024
Business Standard

ITC rule: Bombay HC seeks response from state's revenue dept

The Bombay High Court has recently granted an interim stay on a court order asking Enzene Biosciences Ltd to reverse proportionate Input Tax Credit (ITC) on interest earned on fixed deposits (FDs), and directed the pharmaceutical company to pay 10 per cent of the total tax amount.

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1 min  |
October 15, 2024
Ahead of elections, Mumbai entry points go toll-free for light vehicles
Business Standard

Ahead of elections, Mumbai entry points go toll-free for light vehicles

The Maharashtra state government announced a toll exemption for all light motor vehicles (LMVs) crossing Mumbai's five entry points on Monday. While the move is expected to help decongest these locations, analysts indicate that tolling concession agreements will need to be addressed.

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1 min  |
October 15, 2024
Business Standard

Up to 65 weak UCBs to exit turnaround regime by Mar

Ahead of the new prompt corrective action (PCA) framework for Urban Cooperative Banks (UCBs), about 60-65 weak UCBs are expected to exit the current supervisory regime by March 2025 on improvement in performance.

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1 min  |
October 15, 2024