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Business Standard

Pvt mines, CIL drive record coal output in 2024

Production grows 7.66% to 988 mt

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1 min  |
December 30, 2024
Regulatory moves, rate cut may keep RBI busy in 2025
Business Standard

Regulatory moves, rate cut may keep RBI busy in 2025

The new leadership at the Reserve Bank of India (RBI) under Governor Sanjay Malhotra, along with an almost revamped Monetary Policy Committee (MPC), has set the stage for critical decisions in 2025 regarding policy and regulatory changes amid slow GDP growth and a depreciating rupee.

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2 mins  |
December 30, 2024
CAIT writes to Goyal, seeks action against qcom firms
Business Standard

CAIT writes to Goyal, seeks action against qcom firms

The Confederation of All India Traders (CAIT) representing 70 million traders has written to Union Commerce Minister Piyush Goyal, drawing his attention to the alleged violations of laws and regulations by quick commerce (qcom) companies.

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1 min  |
December 30, 2024
Business Standard

Granules India Expects FDA Nod for Drug from Gagillapur by FY26

Hyderabad-based US-focused pharma firm Granules India expects the new drug applications from its Gagillapur facility in Hyderabad to be approved by the US Food and Drug Administration (USFDA) in the first quarter of next financial year (FY26).

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1 min  |
December 30, 2024
Business Standard

Mcap of six of top 10 most valued firms climbs ₹87K cr

Six of the top 10 most valued firms together added ₹86,847.88 crore in market valuation last week, with HDFC Bank and Reliance Industries emerging as the biggest gainers in line with an overall optimistic trend in equities.

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1 min  |
December 30, 2024
More Pharma Companies Pass USFDA Test in 2024
Business Standard

More Pharma Companies Pass USFDA Test in 2024

Number of adverse classification outcomes of inspections sees a decline this year

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2 mins  |
December 30, 2024
India Inc Thrived in 10 Years of Manmohan Singh Government
Business Standard

India Inc Thrived in 10 Years of Manmohan Singh Government

Net sales compound annual growth rate topped 19%, earnings expanded by 14%

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2 mins  |
December 30, 2024
RIL's 'super' Jamnagar refinery completes 25 vrs
Business Standard

RIL's 'super' Jamnagar refinery completes 25 vrs

Twenty-five years ago, on December 28, 1999, Reliance launched its first refinery at Jamnagar, Gujarat.

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1 min  |
December 30, 2024
Business Standard

Dharavi project renamed Navbharat Mega Developers

Dharavi Redevelopment Project Private Ltd (DRPPL), the Adani-backed company undertaking the ambitious project to rebuild the slums of Dharavi in Mumbai, has renamed itself Navbharat Mega Developers Private Ltd (NMDPL).

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1 min  |
December 30, 2024
EV sales up 27% in 2024, miss 2 mn mark by a whisker
Business Standard

EV sales up 27% in 2024, miss 2 mn mark by a whisker

India's electric vehicle (EV) industry hit a new milestone in 2024, with sales surging 26.5 per cent year-on-year to 1.94 million units as of December 29, according to Vahan data from the Ministry of Road Transport and Highways (MoRTH).

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1 min  |
December 30, 2024
Ride-hailing firms press EV pedal for expansion
Business Standard

Ride-hailing firms press EV pedal for expansion

After Ola Electric and Rapido, BlueSmart announces growth plan

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2 mins  |
December 30, 2024
The journey to becoming the 'pharmacy of the world'
Business Standard

The journey to becoming the 'pharmacy of the world'

India, which once looked to others for medicines, is today a major supplier of generic drugs worldwide. Critical tweaks in laws, spirit of enterprise, and the pandemic brought about this transition. Tech and innovation will now define the industry's future

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7 mins  |
December 30, 2024
Business Standard

New Tata EVs to range 500 km on single charge

Tata Motors, leader in the passenger electric-vehicle (EV) market and which makes roughly one of every two passenger EVs sold in the country, has identified range as its biggest plank to fight competition.

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2 mins  |
December 30, 2024
Business Standard

Economists See Reforms in the Air Ahead of Budget

Following the lacklustre growth numbers in the second quarter (Q2FY25), economists believe the upcoming Union Budget for 2025-26 should focus on reforms that will stimulate consumption, manufacturing, and spur employment.

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2 mins  |
December 30, 2024
Business Standard

India-Australia CECA talks may get delayed

Australia's federal election in May likely to extend trade deal negotiations

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2 mins  |
December 30, 2024
For a stronger share of global trade pie
Business Standard

For a stronger share of global trade pie

India's trade relations with the world have evolved in the last 25 years. New partnerships have been forged, old ones have been strengthened, but challenges remain

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4 mins  |
December 28, 2024
Chess genius Carlsen plans modern day twists in the age-old game
Business Standard

Chess genius Carlsen plans modern day twists in the age-old game

Freestyle chess format includes innovations like heart rate monitors, randomised boards, and reality-style confession booths

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2 mins  |
December 28, 2024
Pieces of a Puzzle
Business Standard

Pieces of a Puzzle

Auto alliances have had a chequered history in India. Can the proposed Honda-Nissan merger change that?

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6 mins  |
December 28, 2024
Resource gaps present challenges to auction
Business Standard

Resource gaps present challenges to auction

The Ministry of Mines launched its first-ever offshore mineral auction in November. But a key challenge looms: There is no resource data available for seven G4 (reconnaissance) blocks of polymetallic nodules and crusts located off the coast of the Great Nicobar Island.

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1 min  |
December 28, 2024
8 in 10 app-based taxi users notice dark patterns: Report
Business Standard

8 in 10 app-based taxi users notice dark patterns: Report

Eight in 10 users of app-based taxi service have noticed disparity in cab fares displayed simultaneously on Android devices and iPhones for identical rides, according to a report by LocalCircles.

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1 min  |
December 28, 2024
NTPC partners US firm for thorium fuel
Business Standard

NTPC partners US firm for thorium fuel

India's largest power generator NTPC Limited on Friday said it has signed a strategic pact with US-based Clean Core Thorium Energy (CCTE) to explore development and deployment of advanced nuclear energy for enriched life (Aneel).

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1 min  |
December 28, 2024
Business Standard

CDSCO flags 2 drugs spurious, 111 fail quality test in Nov '24

The Central Drug Standards Control Organisation (CDSCO) on Friday flagged select batches of two drugs as spurious and listed 111 other drugs and formulations as not of standard quality.

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1 min  |
December 28, 2024
Insurance penetration ratio has a long way to go
Business Standard

Insurance penetration ratio has a long way to go

Do you make it simple for customers to understand? These are all crucial factors that have driven the adoption of insurance.

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2 mins  |
December 28, 2024
Delayed winter rain may bring relief to rabi crops
Business Standard

Delayed winter rain may bring relief to rabi crops

Delhi and its adjoining northern and central parts of the country woke up to a cold and wet day on Friday as the whole region experienced a long-awaited wet spell in December this year.

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1 min  |
December 28, 2024
Bank Stocks Push Markets Up
Business Standard

Bank Stocks Push Markets Up

Benchmark BSE Sensex rose by 226 points while Nifty settled above the 23,800 mark on Friday following gains in auto and banking shares even as investors turned cautious due to FII outflows and a record fall in the rupee.

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1 min  |
December 28, 2024
NON - EPFO PMS Assets Top ₹10 Trillion
Business Standard

NON - EPFO PMS Assets Top ₹10 Trillion

Listed equity PMS assets have trebled since FY19, helped by a pandemic-era bull market

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2 mins  |
December 28, 2024
JSW Infrastructure anchored for robust growth on strong balance sheet
Business Standard

JSW Infrastructure anchored for robust growth on strong balance sheet

JSW Infrastructure (JSWIL), the second-largest private port operator, is on an expansion drive. It plans to add capacity from the existing 170mnt (million tonnes) to reach 400mnt.

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2 mins  |
December 28, 2024
5 Cos Shine on D-St Debut, Deliver Gains of Up to 159%
Business Standard

5 Cos Shine on D-St Debut, Deliver Gains of Up to 159%

Five companies that got listed on Friday following their maiden share sales delivered gains between 18 per cent and 159 per cent.

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1 min  |
December 28, 2024
ETF, Index Fund Folios Surge Amid Passive Investing Boom
Business Standard

ETF, Index Fund Folios Surge Amid Passive Investing Boom

AUM in passive investment segment jumped 23% to ₹11 trillion in 11 months this year

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2 mins  |
December 28, 2024
Business Standard

Understated politician who could pull off impossible tasks

After he ceased being finance minister in 1996, friends advised Manmohan Singh to not get lost in the value-free world of Congress politics, and to nurse his support base among those who admired him for spearheading economic reforms.

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4 mins  |
December 28, 2024