What's behind the optimism in India's banking sector? Can India build passenger planes like Boeing and Airbus? How did India Inc fare in Q2FY23? What is COP27? All answers here

Business Standard

Is the IT dream turning sour for Indian youth? How has one year of Ukraine war affected India? Will record aircraft deals add wings to aviation stocks? What is carbon border tax? All answers here

Capital crisis in Andhra Pradesh

What do HUL results tell us about India's rural economy? What can India learn from China's population woes? How are markets placed ahead of the Budget 2023? What is the RRTS? All answers here

TMS Ep352: HUL Q3 results, China’s population woes, markets, RRTS

Will the IBC overhaul make it more effective? Is the ASER report a wake-up call for the govt? Should you subscribe to Adani Enterprises' Rs 20K-cr FPO? What is the World Economic Forum? Answers here

What does the 2022 funding winter indicate for start-ups? Does India need PLI to become a toy manufacturing powerhouse? Will the markets see a time-wise correction in 2023? What is IPEF? Answers here

TMS Ep333: 2022 startup funding, toy manufacturing, markets, IPEF

2022 was a year of reckoning for Indian startups. New unicorns halved compared to last year, and mass layoffs followed. So, how did this year change Indian start-ups? How are they prepared for 2023?

startups, unicorn, funding, fintech, companies, jobs, employment, management, governance, corporate, india inc, women, gender

Global headwinds forced India's primary market activity to take a backseat with new listings falling by around 50% from 2021. Will retail IPO investors remain energetic in 2023?

Energy trading platform Indian Energy Exchange recently announced that it was the first carbon-neutral power exchange in the country. It used market-based tradable instruments. What does that mean?

Why have FPIs turned negative on India? Why does WeWork India CEO think his firm is just scratching the surface? Will urea subsidy boost fertiliser stocks? What is a Santa Claus rally? Answers here

markets, sensex, stocks, sectors

After three years of aggressive buying, foreign portfolio investors slammed brakes in 2022 and withdrew Rs 1.21 trillion from the Indian stock markets. Why have FPIs turned negative on India in 2022?

FTX, CEOs, India inc, investors

Business Standard's BFSI Insight Summit kicked off on Wednesday with a keynote fireside chat with the RBI Governor Shaktikanta Das, moderated by consulting editor Tamal Bandhopadhyay. Excerpts here

Dairy companies have increased product prices several times this year. But the benefits don't seem to accrue. The question facing the dairy sector now is: When will these benefits start kicking in?

White Revolution, migrants, workers, cow, milk, dairy

The Connectivity Standard Alliance, in consultation with tech majors, has introduced Matter - a common standard for the interoperability of IoT devices. Find out how the interoperability will work

IoT, internet of things, internet, digitisation, digital, digi,

What changed at last week's GST Council meeting? Are Indians more holiday-prone? Does Accenture's Q1 result spell more pain for IT firms? What are GM crops? All answers here

The law minister of India recently said that the vacation period of Indian courts is an inconvenience to the people. The remark has opened up a debate if Indians, in general, take plenty of leaves

Are Indians more holiday-prone?

Pakistan Prime Minister Shehbaz Sharif said on Friday the International Monetary Fund (IMF) was giving his country a "tough time" over unlocking stalled funding from a $6.5 billion bailout

Agencies

The record allocation of Rs 13,539 crore for railways in Maharashtra will have a "very good effect", Railway Minister Ashwini Vaishnaw said on Friday.
Addressing a press conference through video link from Delhi, Vaishnaw said that the allocation in the 2023-24 Budget for Maharashtra was 11 times the average allocation between 2009 to 2014.
Saying that the union government was getting good cooperation from the Eknath Shinde-led government, Vaishnaw reiterated the charge that when Uddhav Thackeray was chief minister, the bullet train project did not get any clearances from the state government.  "The deadline for Mumbai-Ahmedabad Bullet Train project (completion) is August 2026," he added.  The production of Vande Bharat Express trains has been ramped up and a train is being manufactured in 7 to 9 days, he said.  "We will modernize and redevelop 123 stations in Maharashtra. As for CSMT (in Mumbai), by March end tenders will be opened. Primary pre-work has already begun," Vaishnaw said.

Vaishnaw said that the allocation in the 2023-24 Budget for Maharashtra was 11 times the average allocation between 2009 to 2014

Press Trust of India

Prime Minister Narendra Modi will inaugurate the mega G20 event, which will witness the record participation of more than 600 exhibitors from across the globe

India Energy Week

Six years after the govt demonetised 86% of cash in circulation, the Supreme Court on Monday nixed petitions challenging the move and upheld its legality. So what did the court say in its verdict?

The govt's asset monetisation plan was on track last year as it surpassed its target in FY22. But what is the current situation like? Is the plan on track to meet the target in the current fiscal too?

privatisation

Toy imports have come down by 70% in the last three years, while export is up by 60%. Govt is now mulling a PLI scheme to give the sector a fillip. Will the scheme help the toy manufacturing sector?

Channapatna toys - traditionally known as keel kudure

As the year comes to a close, the country has emerged as a bright spot in an otherwise dark global economic horizon. But, does that mean that all was well on the economic front in 2022? Let's find out

economy

In its latest meeting, the GST Council approved the decriminalisation of certain offenses and clarified the tax provisions on a number of items. What were the key decisions taken at the meeting?

Nirmala Sitharaman, GST

What made Maruti Suzuki join the EV party?  Is it time for banks to have a five-day workweek? Will Adani Group stocks see more sell-off? What is lab-grown meat? All answers here

What will Google unbundling mean for Indian apps?  Is there a governance deficit in Indian start-ups? How to trade PSU, capex stocks ahead of Budget 2023? What is BharOS? All answers here

TMS Ep356: Google unbundling, Indian start-ups, PSU, capex stocks, BharOS

What explains Pathaan's blockbuster opening? What does higher female participation in JEE-Mains tell us? How to position your trade ahead of the Budget? What is a disgorgement order? All answers here

TMS Ep355: Pathaan movie, women in JEE-Mains, markets, disgorgement order

Why are Hinduja and Torrent sparring over RCap? Is ride-hailing market ripe for disruption? What are India Inc's fundraising plans for 2023? What's the fight over Belagavi? All answers here

Will self-regulation work for online gaming in India? Will commercial vehicles drive the EV revolution? Will IT sector succumb to global headwinds? What's the National Digital University? Answers here

TMS Ep339: Online gaming, EV revolution, IT sector, Digital University

What does the SC's demonetisation verdict mean? Will free food grain scheme affect Centre's fiscal planning? Will India Inc see a turnaround in Q3FY23 results? What is a living wage? All answers here

TMS Ep338: Demonetisation verdict, free food grain, markets, living wage

The pandemic made the govt to launch Pradhan Mantri Garib Kalyan Anna Yojana to provide free food grains to the poor. It has now been scrapped. What will be its impact?

People pick up food from a collection point of non governmental organization (NGO) Vidya Dham Samiti in Banda District, Uttar Pradesh. Photo: Bloomberg

food, inflation

Raw material prices are heading south, while a pick-up in credit cycle has also boosted overall sentiment. Will these positive factors provide succour to India Inc's fortunes in Q3 FY23 earnings?

markets, bull market, bull, sensex, nifty, market

Inflation has hit the poor most. It is one of the reasons why the government is now mulling 'living wage' over the existing 'minimum wage'. Living wage is indexed to inflation. Here's more about it

construction, realty, workers, infra, jobs, migrants, labour, wage, real estate, concrete, cement, buildings, high rise, engineering

What can India's consumer fintech look forward to in 2023? Can millets be India's own super crop? Will 2023 be the year of mid, and small-caps? What is the ICICI Bank fraud case? Answers here

An SBI report recently said that the use of UPI has jumped 70 times in the past four years. So, should there be charges on UPI fund transfers? And, did the fintech industry come of age in 2022?

Fintech

Millets are reemerging as nutri-cereals or smart foods, thanks to their therapeutic qualities and nutritional superiority compared to rice, wheat. What will make this a 'wonder crop' of masses?

millets

2022 was a rough year for global equity markets. Of all the segments, small-cap was the worst-hit. So what led to a dismal performance of small-caps in 2022 and which segments emerged victorious?

Can India's UPI system go global? Why you may have to wait longer for the 5G experience? Will rate hike worries dent realty stocks? How to select an equity fund? All answers here

What are the key takeaways from Reliance AGM? Why are Indian tourists flocking abroad? Will markets dip more on Fed's hawkish chorus? What is pay commission? All answers here

What's behind Indian CEOs' cautious outlook? Will UPI disrupt the billion-dollar remittances market? Will cold wave keep power stocks warm this winter? Why is a trans-shipment hub? All answers here

TMS Ep349: India Inc yearly outlook, UPI, power stocks, trans-shipment hub

Wipro's Rishad Premji recently said that talent, not market growth, was the challenge tech services companies were staring at. What is the cause of these troubles? Is it an HR management challenge?

Why are Microsoft and Google wooing India? Can women's IPL the success of IPL? Which factors will decide street action this week? What do new licensing norms mean for Delhi's nightlife? Answers here

People have died, flights cancelled and travel bans have been imposed in parts of US and Canada because of winter storms. News reports are citing terms like arctic blast and bomb cyclones. Here's more

How to win at winter when you hate winter

The FIFA World Cup in Qatar is over, but the deplorable conditions migrant workers still linger. But why are more and more Indians flocking to GCC countries despite reports of human rights violation

Business Standard's Puneet Wadhwa caught up with Gaurav Ratnaparkhi of Sharekhan by BNP Paribas, on the key levels he is tracking for the frontline indices and the 'must-have' stocks in your portfolio

Gaurav Ratnaparkhi, Sharekhan

The new SARS- CoV-2 variant BF. 7 has started spreading in the countrys. While, experts say there are no serious concerns for India, Thareek Ahmed decodes the new Covid-19 variant BF.7

China, Covid-19, Coronavirus

Why have SUVs become India's car of choice? How should India react to Pak PM's call for talks? Which green hydrogen stocks should you keep an eye on? What is the Char Dham Yatra? All answers here

Is Joshimath paying the price for development? Can passenger vehicle sales keep the momentum in 2023? Will FMCG stocks reverse their underperformance? How do planes navigate in dense fog? Answers here

TMS Ep343: Joshimath, passenger vehicle, FMCG stocks, flight navigation

Is the jump in India's auto exports a flash in the pan? What explains the big jump in IPL's valuation? Will rising focus on car safety drive gains for airbag makers? What is green hydrogen? All answer

Will this year's record M&A show continue in 2023? Should Indian states levy an income tax? What will guide the stock markets in the New Year? What are Arctic blast and bomb cyclones? Answers here

TMS Ep335: 2022 M&A, state tax, stock markets, Arctic blast & bomb cyclones

This year India Inc clinched its highest-ever mergers and acquisitions, beating the previous record of 2021. What were the factors that led to this year's stellar numbers? How will 2023 play out?

Gautam Adani, Chairman of the Adani Group with Kalyan Krishnamurthy, CEO, Flipkart Group at the signing of Cleartrip stake acquisition by Adani group.

An RBI report recently highlighted the grim fiscal condition of ten states. And of them, five seem to be in dire condition. What ails these states? What can be done to revive their economy?

The Budget estimated direct tax collection at Rs 14.20 trillion in FY23, higher than Rs 14.10 trillion collected last fiscal

tax, CBDT

Equity markets were hit by bouts of volatility in 2022 as geopolitical tensions and drying liquidity dented sentiments. Find out the key factors that will shape the markets in the year ahead

What does 2022 foretell for the Indian tech sector? Why do Indian workers go to Gulf? Will the Sensex dip to 57,000 before jumping to 75,000? What is Covid Omicron BF.7? Answers here

Companies, Market Cap

Year 2022 was an inflection point for Digital India. From Big Tech to the govt, India's digitisation drive has received a fillip in innovation and regulation. We examine the source code in this report

tech

The year 2022 is coming to an end and a lot has happened that shaped the world in the year. Let's have a look at some of these significant events

Take a look at some famous faces that will no longer be with us at the end of 2022

"With only the iPhone and its passcode, an interloper can within seconds change the password associated with the iPhone owner's Apple ID," said the report

Her achievements must be set against the multiple controversies generated by others and all the unsolicited advice that afflicts any Indian woman who chooses a career outside the rubric of domesticity

The Adani crisis is the greatest stress test for Indian capitalism yet. So far, India has passed it, with almost 10/10

CLOSING BELL: Sectorally, the Nifty Metal index plunged 3 per cent, dragged by Adani Enterprises, which tumbled nearly 5 per cent

The US FDA said that using contaminated artificial tears increases risk of eye infections that could result in blindness or death

The criticism that Indian literature festivals prioritise English to the detriment of other languages has sparked off much soul-searching among curators

There is a need to streamline allocations and make the budgetary document less complicated to assess its true impact

A fight could have spread effects not only on those who financed the projects Adani embarked on, but also the govt's manufacturing and infrastructure ambitions, writes T N Ninan

Amidst a wave of terror attacks in Pakistan, Prime Minister Shehbaz Sharif on Friday acknowledged the failure to avert the Peshawar carnage that killed over 100 people and called for "national unity" to tackle the menace.
Addressing an apex committee meeting at the Governor House here on the mosque attack and the overall emerging terrorism situation in Pakistan, Sharif also expressed frustration at the criticism levelled against the federal government from opposition parties in the wake of a series of terror attacks.
"There is a need for unity across the political spectrum. This act of terrorism managed to breach the security check post and reach the mosque. We should not feel hesitant in admitting the facts," Sharif said at the meeting which was boycotted by Imran Khan, former prime minister and chief of Pakistan Tehreek-e-Insaf party.
Criticising Khan for refusing to attend the apex committee meeting, Sharif said you (Imran Khan) are not ready to join hands to improve the destiny

Siddiqui also said, "The way Jinnah divided the country for his own interests and for the chair, in the same way Owaisi is breaking the country's Ganga Jamuni Tehzeeb for his chair

India's first movable freshwater tunnel aquarium opened at the Krantivira Sangolli Rayanna Railway Station for the general public. See in pictures for more

European Union governments tentatively agreed on Friday to set a USD 100-per-barrel price cap on sales of Russian diesel to coincide with an EU embargo on the fuel  steps aimed at ending the bloc's energy dependence on Russia and limiting the money Moscow makes to fund its war in Ukraine.
Diplomats representing the 27 EU governments set the cap on Russian diesel fuel, jet fuel and gasoline ahead of a ban taking effect on Sunday.
It aims to reduce Russia's income while keeping its diesel flowing to non-Western countries to avoid a global shortage that would send prices and inflation higher.
The information was provided by diplomats from 3 different EU member nations ahead of a formal announcement by the Group of Seven major industrialized nations. They spoke on condition of anonymity because the official announcement would come later.
The USD 100-per-barrel cap applies to Russian diesel and other fuels that sell for more than the crude oil used to make them. Officials agreed on a US

It aims to reduce Russia's income while keeping its diesel flowing to non-Western countries to avoid a global shortage that would send prices and inflation higher

They demanded that the UGC should take over all these colleges as the "Kejriwal government is not giving grants to these colleges"

IANS

Wall Street had its eyes on Friday on big tech after some of the biggest companies in the world posted lackluster quarterly financial performances.
That included Apple Inc. The company posted its first quarterly revenue drop in nearly four years after pandemic-driven restrictions on its China factories curtailed sales of the latest iPhone during the holiday season.
Amazon reported worse-than-expected fourth-quarter profits, but its revenue beat expectations boosted by sales in its cloud-computing unit AWS, which is also seeing a slow-down in growth.
Google's parent company Alphabet posted a lower profit and a small revenue increase for last year's fourth quarter, as a decline in online ad spending and competition from rivals weigh on the search giant.
While overall revenue grew, advertising revenue fell by nearly 4 per cent and revenue at YouTube declined 8 per cent year-over-year.
Amazon ended on Friday down 8.4 per cent and Alphabet lost 2.8 per cent. Apple bounced back, finishi

Alphabet posted a lower profit and a small revenue increase for last year's fourth quarter

Indian refiners and traders are concerned they may not be able to continue to settle trades in dollars, especially if the price of Russian crude rises above a cap imposed by the Group of Seven nations

Reuters

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News updates: Microsoft says about 8.5 million of its devices affected by CrowdStrike-related outage

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Sanjeev Agrawal, President, PHD Chamber of Commerce and Industry, said, "We believe that the growth will be above such conservative estimates as 8 per cent growth is becoming a new normal for India"

GDP growth in FY25 may surpass Economic Survey's prediction: India Inc

Latest news updates: Catch all the news updates from around the world here

Highlights: Piyush Goyal likely to attend Brics trade ministers' meeting in Moscow on July 26

Photo: Shutterstock

Overall Indian financial sector remained insulated from the global outage

10 banks, NBFCs faced minor disruptions due to global tech outage: RBI

Macron refuses French PM&#039;s resignation after chaotic election results

Hundreds of flights delayed at Delhi, Mumbai, Bengaluru airports after issue with Microsoft's Azure Could platform

Flight delays, manual check-in: Microsoft outage affects Indian carriers

Hamas, An Islamic Militant Group That Seeks Israel&#039;s Destruction, Is Highly Secretive And Little Is Known About Its Inner Workings. | Photo: Bloomberg

Supply line disruptions and weather shocks to agriculture are key risks to outlook, says lender

ADB ups India GDP forecast to 7% for FY25 on investments, consumer demand

Airports, airlines, flights, planes, aviation industry

SpiceJet shares: SpiceJet airline reported a standalone net profit of Rs 119 crore in Q4FY24

SpiceJet shares fly 7% on six-fold jump in Q4 profit; gains 15% i

On Thursday, Delhi University Vice-Chancellor, Prof. Yogesh Singh, announced that the proposal to include the Sanskrit text 'Manusmriti' in the LLB curriculum was rejected

Mayawati welcomes DU's decision to reject Manusmriti as part of syllabus

India News: Business Standard brings the top news from India on Indian politics, elections, government and more.

India News: Latest India News, Live and Breaking News Today from India | Business Standard

Business Standard brings the top news from India on Indian politics, elections, government and more.

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Page 17 - India News

News updates: Microsoft says about 8.5 million of its devices affected by CrowdStrike-related outage

GDP growth in FY25 may surpass Economic Survey's prediction: India Inc

Highlights: Piyush Goyal likely to attend Brics trade ministers' meeting in Moscow on July 26

10 banks, NBFCs faced minor disruptions due to global tech outage: RBI

10 banks, NBFCs faced minor disruptions due to global tech outage: RBI

Flight delays, manual check-in: Microsoft outage affects Indian carriers

ADB ups India GDP forecast to 7% for FY25 on investments, consumer demand

SpiceJet shares fly 7% on six-fold jump in Q4 profit; gains 15% i

Mayawati welcomes DU's decision to reject Manusmriti as part of syllabus