Page 235 - Latest News

Sugar getting even pricier now poses new threat to global food inflation

Prices of refined sugar surged to the highest in more than a decade this week, while the raw variety is near to the costliest in over six years

ED, CBI raids have brought all corrupt people in one party: Kejriwal

Alleging that the BJP only knows how to fight and abuse, he claimed that let alone the 2025 Assembly polls, the saffron party will not be able to win an election in Delhi even in 2050

Indian delegation explores investment opportunities in S Africa, Botswana

'The African region has always been a very attractive market due to the huge market potential, so the delegation was aimed at exploring the opportunities from this very lucrative continent'

Bank rules under review in wake of SVB debacle: US Fed official

Federal Reserve's bank supervisors informed Silicon Valley Bank's management as early as the fall of 2021 of risks stemming from its unusual business model, a top Fed official said

World 'turning the tide' toward democracy, says US President Biden

"This is a turning point for our world toward greater freedom, greater dignity, and greater democracy," said Biden

WWDC 2023: Apple may debut mixed-reality headset at developers conference

This year's conference will be held as an "all-day experience" at headquarters in Cupertino, California

WWDC 2023: Apple schedules worldwide developers conference for June 5

The Apple WWDC23 returns in online format, but there is also a special in-person experience planned at Apple Park in Cupertino for developers and students on the opening day

TMS Ep400: SC on bank frauds, rising interest rate, markets, municipal bond

Why did RBI fail to convince SC on bank frauds? What should borrowers do amid rising interest rates? Which sectors should you bet on in FY24? What are municipal bonds? All answers here

Benchmark Sensex gains 346 points on firm trends in global markets

Buying in services, realty, commodities and auto stocks also added to the positive momentum

International MF schemes get extra time to declare net asset values: Sebi

Funds can disclose NAV by 10 am the next day from July

G20 working group talks ways to make trade work for growth, prosperity

Minister of State for Finance Bhagwat Karad, who addressed the inception meeting of the TIWG in Mumbai spoke about the widening gap between developing and developed countries

Best of BS opinion: Revisiting regulations, short selling, and more

Here is the best of Business Standard's opinion pieces for today

Pause AI systems, they are a risk to society: Elon Musk, experts

Prominent figures in the tech community, including Elon Musk and Apple co-founder Steve Wozniak, were listed among the signatories

Punjab National Bank board nod to raise Rs 12,000 cr in capital in FY24

It would raise capital by issuing AT-1 bonds upto Rs 7,000 crore and tier- II Bonds up to Rs 5,000 crore, in one or more tranches

World 'turning the tide' after backslide on democracy, says Joe Biden

President Joe Biden offered an optimistic outlook on the health of democracy worldwide, declaring that leaders are turning the tide in stemming a yearslong backslide of democratic institutions

Karnataka Assembly elections to be held on May 10, results on May 13

CEC Rajiv Kumar said the elections have been scheduled on a Wednesday, and not on a Monday or Friday, to encourage greater participation of voters

Fire brakes out in Indore hotel; 42 people evacuated, 10 hospitalised

A fire broke out in a six-storey hotel in Indore city of Madhya Pradesh and 42 people trapped in the building were rescued, of whom 10 were admitted to a hospital, an official said

10 cr investors of 4 Sahara group's cooperative societies to get back money

A bench of Justices M R Shah and C T Ravikumar said the amount shall be disbursed to depositors duped by the Sahara group of cooperative societies

UBS brings back Sergio Ermotti as CEO with Credit Suisse deal ahead

UBS said Wednesday that it's bringing back former CEO Sergio Ermotti to lead the Swiss bank as it moves forward with a government-orchestrated plan to take over struggling rival Credit Suisse

Flagship MGNREGS still gives work to more people than pre-Covid years

So far, Rs 99,348.53 crore has been spent on the scheme in FY23, which is against the Revised Estimates of Rs 90,000 crore in FY23. This means Rs 9,000-11,000 crore will be carried forward to the next