Business Standard News

Top Stories All News

5 days, 16 judgments: A look into key cases to be delivered by CJI Misra

A glimpse into the cases shows that many of them are of profound significance for the future of the country

Sebi to review DHFL, YES Bank stocks over 'irregularities' in trading

Sebi is also ascertaining the links between the sudden downgrading and rumours about credit default in various financial institutions

Credit concerns rattle stock mkts for 5th straight session, spook investors

NBFCs, trade tensions, crude oil drag benchmark indices down 1.5%, Nifty falls below 11,000

Top Stories in last day


Even as India's economy grows, its poor have hardly any upward mobility

For one group mobility is actually declining: Indian Muslims


Brent crude crosses $80 as Opec rejects Trump's call for oil output boost

Oil has climbed since early August as speculation swirls over whether the OPEC and its allies will boost production, with sanctions on the Middle East nation's exports set to take effect in November


Tried to settle loans, ED resisted my efforts: Vijay Mallya to PMLA court

Mallya's reply also stated that the ED's application, in its endeavour to confiscate assets, is one which is contrary to public and national interest


How Railways plans to convert diesel locos into electric at a lower cost

The total shift to electric traction will reduce fossil fuel consumption of about 2.83 billion litres per annum


Blackstone, Embassy file 1st REIT offer with Sebi, plan to mop up Rs 50 bn

REIT is an investment tool that owns and operates rent-yielding real estate assets

Median gross hourly salary fell by 21% over 2 years: Monster Salary Index

Median gross hourly salary fell by roughly 21 per cent over two years to stand at Rs 219.4 per hour in 2017, as against Rs 277.1 per hour in 2015, as per the latest salary index report by Monster.com, one of the leading online career and…


FM to hold annual review meeting of PSBs tomorrow to review performance

This is the first meeting that the government is holding with public sector bankers, following its announcement to merge Bank of Baroda, Dena Bank and Vijaya Bank

Govt extends deadline for filing I-T returns, audit report till October 15

ITR filing by salaried taxpayers and those opting for presumptive income scheme surged 71% to 54.2 million till August 31


Investors poorer by Rs 8.5 trillion as market rout continues for 5th day

Led by the extreme bearish market sentiment, the market capitalisation of BSE-listed companies went down sharply by Rs 8.48 trillion to Rs 14.8 trillion


Analysts see more downside for markets; remain selective on banks & NBFCs

Analysts say the markets have been caught in a contagion of a sell-off in banking and NBFC segments

Govt assures liquidity for NBFCs, MFs as IL&FS default rattles investors

Analysts are warning that India's shadow banking sector could face a cash crunch after key lender IL&FS missed debt payments


A shadow looms: India needs to stop the IL&FS rot from spreading

Regulators should bail out the shadow lender, then make sure the contagion is curbed

As competition in NBFC space rises, asset quality bound to take a hit

With PSU Banks reeling under crisis, the NBFCs had a field day in the last 3-4 years

No respite as fuel prices rise again, petrol crosses Rs 90-mark in Mumbai

In Mumbai, the petrol price has touched Rs 90.08 per litre, while diesel is being retailed at Rs 78.58 per litre


IL&FS approaches NCLT against bankruptcy case, draws revival plan

Here's what you must know about the IL&FS crisis

Indian refiners may cut oil imports as crude prices rise, rupee struggles

The soaring import costs are becoming a headache for PM Modi's government ahead of general elections next year

Monday, Sep 24

Govt's plans to boost capital inflow may not reverse rupee slide: Moody's

The Indian government estimates that the measures will increase capital inflows by $8-10 billion, or 0.3-0.4 per cent of GDP, in the fiscal year that ends March 31, 2019

MARKET WRAP: Sensex falls 537 pts, Nifty ends at 10,975 as financials crack

In the broader markets, the S&P BSE MidCap index settled 2.4 per cent lower while the S&P BSE SmallCap index slipped 2.7 per cent on Monday.

Trump admin may deny new green cards to immigrants who use public aid

Older immigrants could also be forced to stop participating in the popular benefits program

Sunday, Sep 23

Women's share of India's mobile subscriber base is a meagre 17.4%: DoT data

Mumbai has only 11.85 per cent women mobile subscriptions, which is higher only to Haryana, where the rate is 10.99 per cent

Saturday, Sep 22

Infosys to design new GST returns forms, rollout in 4-6 months: Sushil Modi

As decided by the GST Council, e-commerce firms will pay Tax Deduction at Source and Tax Collected at Source with effect from October 1

Rafale deal: Govt says it has no role in the selection of Reliance Defence

The Defence Ministry said 'unnecessary controversies' are being sought to be created following media reports regarding a statement purportedly made by Hollande

IL&FS in India misses three debt payments due Friday

IL&FS's outstanding debentures and commercial paper accounted for 1 per cent and 2 per cent, respectively, of India's domestic corporate debt market as of March 31

Decision on H4 visa holders within 3 months: Trump admin tells US court

The DHS said the new rule would be submitted to the Office of Management of Budget, White House, within three months

Friday, Sep 21

Sebi allows NRIs, resident Indians, OCIs to invest in India via FPI route

Indians allowed to invest through LRS route; regulator says KYC compliance for FPIs has to be as per PMLA

Markets rocked by crash in financial stocks, Sensex swings 1,500 pts

Financial stocks crash on liquidity crunch, IL&FS overhang; Scores of stocks see wild gyrations

Stock strategy: YES Bank tanks 34% as RBI limits Rana Kapoor's tenure

Thus far in the calendar year 2018 (CY18), YES Bank has underperformed the markets by falling nearly 1.5 per cent, as compared to 0.5 per cent fall in the S&P BSE Sensex and the S&P BSE Bankex

MARKET WRAP: Sensex ends 280 pts lower after a 1500-pt fall; DHFL tanks 42%

In the broader markets, the S&P BSE SmallCap index fell 3 per cent to 15,763 levels, while the S&P BSE MidCap index lost 1.7 per cent to end at 15,596 levels.

Thursday, Sep 20

Competition Commission approves ArcelorMittal's acquisition of Essar Steel

Deals beyond a certain threshold are required to get clearance from the Competition Commission of India

India to settle payments for Iranian oil using rupees starting November

Indian refiners are currently using State Bank of India and Germany-based Europaeisch-Iranische Handelsbank AG to buy Iranian oil in euros

Govt may today announce curbs on 'non-essential' imports to support rupee

A government source said India may raise import duties on components used in mobile handsets, most of them imported from China, as one of the measures

Nothing is sacred as India's central bank cleans up the financial sector

Kapoor earned the ire of the Reserve Bank of India by wrongly classifying loans he should have counted as nonperforming