CATEGORIES

Business Standard

63% of Nifty 500 stocks below long-term avg

Prolonged weakness in the benchmark indices seems to have taken a toll on the overall market breadth, with a vast majority of the stocks now trading below the long-term moving average.

time-read
1 min  |
January 11, 2025
Mkts end week in red on FPI selling
Business Standard

Mkts end week in red on FPI selling

Cumulative net shorts on Nifty and Bank Nifty Futures by FPIs on Thursday was highest since June 6, 2024

time-read
2 mins  |
January 11, 2025
Business Standard

Near-term worries for Tata Elxsi on weak transportation outlook

Tata Elxsi (TelX) reported a weak Q3FY25, with a sharp deceleration in the transportation vertical.

time-read
3 mins  |
January 11, 2025
Reits, InvITs, municipal bonds hold potential for next decade: Sebi chief
Business Standard

Reits, InvITs, municipal bonds hold potential for next decade: Sebi chief

Madhabi Puri Buch, chairperson of the Securities and Exchange Board of India (Sebi), on Friday said that real estate investment trusts (Reits), infrastructure investment trusts (InvITs) and municipal bonds could match the fund raising in primary debt issuances in the coming decade.

time-read
1 min  |
January 11, 2025
Trump Is on a Collision Course with the US Budget
Business Standard

Trump Is on a Collision Course with the US Budget

There has been endless speculation about the chaos that may (or may not) await America and the world following US President-elect Donald Trump's inauguration on January 20.

time-read
3 mins  |
January 11, 2025
Business Standard

Corridor of uncertainty

With a microphone in hand, Rohit Sharma delivered his most memorable performance in the recently concluded Border-Gavaskar Trophy in Australia.

time-read
3 mins  |
January 11, 2025
Fun, harm, and the fine line
Business Standard

Fun, harm, and the fine line

The Enron Egg has been viral on social media for a while. This white egg-shaped tabletop device is touted as a micronuclear reactor that can power a home for 10 years.

time-read
3 mins  |
January 11, 2025
An open letter to Prof Mohd Yunus
Business Standard

An open letter to Prof Mohd Yunus

Hasina took away your bank, and you've now served revenge. Here's the test: Now that you have public office, it implies public trust. Can you have it and do nothing with it? And if you would, what would it be?

time-read
5 mins  |
January 11, 2025
Fifteen wasted years
Business Standard

Fifteen wasted years

Cities that are at the cutting edge of national development are also, very visibly, the sites of change.

time-read
3 mins  |
January 11, 2025
Prada Looks to Bag Versace from Capri
Business Standard

Prada Looks to Bag Versace from Capri

Italy's Prada is among the potential suitors looking at fashion group Versace, put up for sale by parent Capri Holdings, and has been working with Citi to evaluate any bid, a person with knowledge of the matter said on Friday.

time-read
1 min  |
January 11, 2025
China erasing Tibetan culture, one child at a time
Business Standard

China erasing Tibetan culture, one child at a time

Tibetan rights activists, as well as experts working for the United Nations, have said that China is systematically separating Tibetan children from their families to erase Tibetan identity and to deepen its control of people who historically resisted Beijing's rule.

time-read
2 mins  |
January 11, 2025
US Imposes Sanctions on Russian Oil Fleet, Traders
Business Standard

US Imposes Sanctions on Russian Oil Fleet, Traders

Tankers supplying oil to India among those affected

time-read
1 min  |
January 11, 2025
LA Fire May Cost Insurers Over $20 Billion
Business Standard

LA Fire May Cost Insurers Over $20 Billion

The potential cost for insurers of the devastation caused by the Los Angeles wildfires is now expected to surpass $20 billion, according to analysts at JPMorgan Chase & Co, doubling their estimate from just a day before.

time-read
1 min  |
January 11, 2025
MP, Karnataka, Maha Among States Seeing Higher Women Voter Turnout
Business Standard

MP, Karnataka, Maha Among States Seeing Higher Women Voter Turnout

Women-Centric Schemes Help Boost Their Turnout in Polls

time-read
1 min  |
January 11, 2025
Business Standard

Govt working on no interest warehousing for farmers, says Chouhan

Ahead of the Union Budget, Union Agriculture Minister Shivraj Singh Chouhan on Friday said the government was trying to ensure that farmers do not have to pay any interest to keep produce in a warehouse for two to three months.

time-read
1 min  |
January 11, 2025
Business Standard

State plans ecomm boost for MSME sector

To propel the growth of micro, small and medium enterprises (MSMEs), and enhance their competitiveness, the Uttar Pradesh (UP) government is planning to interconnect 155 industrial clusters with a dedicated ecommerce (ecomm) platform.

time-read
1 min  |
January 11, 2025
Success Lies in How I Prepare My Team for the Future: Modi
Business Standard

Success Lies in How I Prepare My Team for the Future: Modi

In his podcast debut, released on Friday, Prime Minister Narendra Modi said he considers the benchmark of his success would be to shape an able team that will deftly handle things in the years to come, and spoke of his enormous faith in the country's youth.

time-read
3 mins  |
January 11, 2025
₹ at fresh low; fx kitty shrinks to 10-mth low
Business Standard

₹ at fresh low; fx kitty shrinks to 10-mth low

The rupee fell to a new low of 85.97 against the dollar as the greenback remained well bid against emerging market currencies ahead of US labour market data, dealers said.

time-read
1 min  |
January 11, 2025
Life Insurers' Dec NBP Drops 21.7%
Business Standard

Life Insurers' Dec NBP Drops 21.7%

The new business premium (NBP) of life insurance firms dropped 21.7 per cent year-on-year (Y-o-Y) to ₹30,218.71 crore in December 2024 on the back of a steep fall in business.

time-read
1 min  |
January 11, 2025
Exports of organic products could reach $100 bn in 5 yrs: Goyal
Business Standard

Exports of organic products could reach $100 bn in 5 yrs: Goyal

There is a potential to increase exports of food, beverages, and marine products to $100 billion in the next 4-5 years as huge demand is there for these goods in the global markets,

time-read
1 min  |
January 11, 2025
SBI chief calls for common mechanism to track SME fund usage
Business Standard

SBI chief calls for common mechanism to track SME fund usage

Country's largest lender, State Bank of India, has mooted a common mechanism to track the use of funds raised through debt and equity by small and medium enterprises (SMEs) to give comfort to lenders and investors and make pricing more competitive.

time-read
1 min  |
January 11, 2025
Business Standard

Interviews for RBI deputy guv next week

Government panel consisting of RBI governor, Cabinet secy, DFS secy to interview candidates

time-read
1 min  |
January 11, 2025
Star Health looks to double banca biz to ₹2K cr in 3 yrs
Business Standard

Star Health looks to double banca biz to ₹2K cr in 3 yrs

India's largest standalone health insurance company Star Health and Allied Insurance on Friday said that it was targeting to double the revenue from bancassurance (banca) from around ₹1,000 crore to ₹2,000 crore in the next three years.

time-read
1 min  |
January 11, 2025
Sebi May Increase Floor for Granular Disclosures by FPIs
Business Standard

Sebi May Increase Floor for Granular Disclosures by FPIs

Markets regulator plans to double threshold to ₹50,000 cr

time-read
1 min  |
January 11, 2025
Business Standard

NFRA looks to enhance communication between auditors & audit panels

The National Financial Reporting Authority (NFRA) on Friday released the first part of the Auditor-Audit Committee Interaction Series to enhance communication between auditors and audit committees of companies and improve audit quality.

time-read
1 min  |
January 11, 2025
GLOBAL ECONOMY STRUGGLES AS THE WEB GOES DARK
Business Standard

GLOBAL ECONOMY STRUGGLES AS THE WEB GOES DARK

India ranked sixth in terms of economic losses caused by government-imposed internet shutdowns in 2024, according to a recently released report.

time-read
1 min  |
January 11, 2025
Business Standard

Projects worth ₹50,000 cr mooted for robust inland waterways

Investment projects worth ₹50,000 crore were proposed on Friday at a meeting of the Inland Waterways Development Council in Assam for developing river and waterways across the country in the next five years.

time-read
1 min  |
January 11, 2025
Business Standard

Centre releases ₹1.73 trn to states as tax devolution

The Centre on Friday released tax devolution of ₹1.73 trillion to state governments against the devolution of ₹89,086 crore in December 2024.

time-read
1 min  |
January 11, 2025
Mining fatalities drop, but safety remains elusive
Business Standard

Mining fatalities drop, but safety remains elusive

Risky Bet Mining related accidents in mine rich states

time-read
2 mins  |
January 11, 2025
IIP Growth Hits 6-Month High in Nov on Low Base
Business Standard

IIP Growth Hits 6-Month High in Nov on Low Base

Growth in India's Index of Industrial Production (IIP) surged to a six-month high of 5.2 per cent in November 2024 from 3.7 per cent in the previous month, aided by a low base, data released by the National Statistics Office (NSO) on Friday showed.

time-read
1 min  |
January 11, 2025