21/12/2023
French President Emmanuel Macron said Wednesday that a contentious immigration bill backed by the far right is imperfect and needs some fixes but is what the French wanted," and is not a victory for the far right.
The official page of Business Standard, India's leading business daily. Twitter It is also printed from Bhopal.
Business Standard is India's leading business daily and the preferred choice of serious business readers. It is published from 12 centres – New Delhi, Mumbai, Kolkata, Bengaluru, Chennai, Ahmedabad, Hyderabad, Chandigarh, Lucknow, Pune, Kochi and Bhubaneswar. Business-standard.com is the online property of Business Standard. The Hindi Business Standard is published from six centres across India –
New Delhi, Mumbai, Kolkata, Lucknow, Bhopal and Chandigarh. Its content can be accessed at bshindi.com
Business Standard stands for reporting that stresses accuracy and credibility, commentary that is informed, independent and fair, and journalism that is rooted in ethical conduct and defined by a sacrosanct bond with the reader. Business Standard's editorial team is led by Shailesh Dobhal. Business Standard's stable of specialist contributors includes some of the sharpest minds writing on economics and business. Among them: Shankar Acharya, former chief economic advisor, Government of India; T N Ninan, former editor of Business Standard and chairman of Business Standard Pvt Ltd; A K Bhattacharya, editorial director, Business Standard; Aakar Patel, writer and columnist; Shyam Saran, chairman, National Security Advisory Board and former foreign secretary, Government of India; Ajai Shukla, strategic affairs, defence and diplomacy expert and former army colonel; Shekhar Gupta, Political analyst and editor-in-chief of The Print; Nitin Desai, former chief economic advisor and former under-secretary general at the United Nations; Parthasarathi Shome, former advisor to Finance Minister; Rathin Roy, director, National Institute for Public Finance and Policy; and Debashis Basu, editor, Moneylife. It offers syndicated columns from Joseph Stiglitz, Arvind Subramanian and Kenneth Rogoff.
French President Emmanuel Macron said Wednesday that a contentious immigration bill backed by the far right is imperfect and needs some fixes but is what the French wanted," and is not a victory for the far right.
Delhi's IGI Airport is set to get a multi-modal interstate transport hub near Aerocity.
The new ISBT at Aerocity will be developed along with the Delhi Transport Department and will have state-of-the-art facilities like retail outlets, EV charging spots and a business centre
According to the index provider, seven new passive funds tracking Nifty indices were launched in Japan and Korea in 2023
COVID-19 JN.1 Cases: The Union Health Ministry on Wednesday held a meeting to review the sudden jump in Covid-19 cases and deaths in several parts of the country
| Streamlining the disciplinary process
There is a need for consistency in the adjudicating frameworks of Sebi and other market regulators to ensure fair financial market outcomes, write M S Sahoo & Sumit Agrawal
There is a need for consistency in the adjudicating frameworks of Sebi and other market regulators to ensure fair financial market outcomes
In line with RBI directives, Piramal Enterprises has decided to adjust Rs 3,164 cr worth of exposure in AIFs in its financial statements through capital funds or provisions.
Move follows RBI directive limiting investments in AIFs to curb evergreening
The report also gave staggering numbers of threat detections, with over 400 million attacks getting detected in 2023
| Govt is rewriting India’s telecom laws. The Bill text doesn’t have OTT in the definition of telecom services, but the way it defines telecommunication leaves the possibility of its later inclusion
https://www.youtube.com/watch?v=sdkKPYM9be8
India may aspire to become a global hub, particularly for high-tech manufacturing, but that ambition is still a long way off
India contributes 1.39% of the revenue of the top 20 largest manufacturing/assembly companies globally by revenue
The distance India has to cover can be seen from the fact that China contributed 8.3 per cent of the top 20 manufacturing companies' global revenue at $279.4 billion
Stocks to Watch on December 21, 2023: Inox India will make its debut on the bourses today; Ultratech Cement has entered into an agreement to acquire 26 per cent stake in Clean Max Terra
Kerala reported 300 fresh COVID-19 infections and three deaths due to the disease in the last 24 hours, according to data on the Union Health Ministry website on Thursday.
FAQs clarify that higher pension application will not be rejected even where such permission is not obtained by the employee
For a start, the balance of global trade has shifted toward Asia, with China, India and Southeast Asia all being important consumption economies in addition to their long-standing role in production
Sean Downey, who oversees ad sales to big customers in the Americas, said at a department-wide meeting last week that Google plans to restructure its ad sales teams
Sales jumped by 34.8 per cent Y-o-Y to $33.9 billion
| Digital money heist
Over 47% of all cybercrime is linked to UPI payments, making it the most common form of financial fraud
The reason could lie in UPI’s ever increasing popularity: It clocked a record 11 bn transactions in Oct. On the flip side, over 95,000 fraud cases linked to UPI were recorded in 2022-23, a 13% increase from the previous year.
What's behind surge in online payment fraud?
More than 47 per cent of all cybercrime is linked to UPI payments, making it the most common form of financial fraud, says a report by FCRF
Telecom infrastructure firm Space World is planning to invest USD 500 million in building an optical fibre cable-based network across 13 cities in the next four years, senior officials of the company said on Wednesday.
Peter Herweck, chief executive officer (CEO), spoke to Amritha Pillay about India outpacing global growth, labour-related challenges, and growth drivers
Australia women's cricket team captain Alyssa Healy on Wednesday revealed she had suffered severe injuries to her right index finger after being bitten by her pet Staffordshire terrier puppies, and the wicketkeeper-batter added she is excited to back on the field following a surgery and 50 stitches.
In the August-October quarter of financial year 2024, Indians remitted $9.05 billion overseas, as compared to $7.26 billion in the second quarter of FY24
As per Trump's brief, Smith's desire for expedited treatment was driven by political considerations
The defence ministry on Wednesday signed a Rs 1,614 crore contract with Mazagon Dockyard Shipbuilders Ltd for procurement of six next generation offshore patrol vessels for the Indian Coast Guard.
The new norms contained in IRDAI's exposure draft, if implemented, will make surrendering less painful
If you're planning to have your American cousins or friends buy you the latest iWatch 9 series or Ultra 2 at lower prices, unfortunately, that might not be possible
Watch the video to find out why
https://www.youtube.com/watch?v=AzLGrB-fok8
More than 47 per cent of all cybercrime is linked to UPI payments, making it the most common form of financial fraud, says a report by FCRF
The prominent buyers included HDFC Mutual Fund, Fidelity Funds South East Asia and ICICI Prudential Mutual Fund, among others
Both companies have struggled as consumers have canceled cable-TV subscriptions in favor of a new generation of streaming services
Bharat Petroleum will invest Rs 5,044 cr in setting up a polypropylene production unit at its Kochi refinery in Kerala to meet rising petrochemical demand in the country.
The 400,000 tonnes per annum polypropylene unit will be constructed in about 46 months from the date of the investment approval, the company said in a statement
| For India’s bond markets, 2023 was a bumpy year. Surging US yields and a volatile inflation trajectory kept investors on the edge. But the rate pauses have provided relief to investors
https://www.youtube.com/watch?v=5dUEXvYeqOQ
| Has the new telecom bill let OTT off the hook? Did 2023 launch India’s space sector into a higher orbit? How should bond market investors prepare for 2024? What is Bhashini?
All answers here
The civil aviation ministry, which is taking measures to prevent congestion at airport in the upcoming festive season, has asked airport operators to look at the successful biometric models being used in other countries for smooth travel of air passengers.
The geological report prepared before the commencement of the Silkyara-Barkot tunnel project showed that the rock classification of the tunnel's alignment ranges from poor to very good, the government said on Wednesday.
In a step towards diversifying its resource base and securing green energy minerals, India is poised to launch its first-ever offshore mineral auction in the first quarter of 2024
https://mybs.in/2cK9Fp3
| Has the new telecom bill let OTT off the hook? Did 2023 launch India’s space sector into a higher orbit? How should bond market investors prepare for 2024? What is Bhashini?
All answers here
https://www.youtube.com/watch?v=DODaPcqApAw
Has the new telecom bill let OTT off the hook? Did 2023 launch India’s space sector into a higher orbit? How should bond market investors prepare for 2024? What is Bhashini? All answers here
Sebi on Wednesday tweaked the framework with respect to online resolution of disputes in the securities market to provide clarity on certain aspects.
The government on Wednesday said the Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP) achieved a landmark of selling generic medicines worth Rs 1,000 crore this year.
Wisconsin's bipartisan elections commission, for a second time, has unanimously rejected a complaint against fake presidential electors who attempted to cast the state's ballots for Donald Trump in 2020.
The state recorded a high of 26.1°C as the highest maximum temperature, while Narmadapuram registered the lowest minimum temperature at a chilly 5.7°C
President Joe Biden said it's self-evident that Donald Trump is an insurrectionist for trying to overturn his 2020 election loss but stopped short of commenting on a Colorado legal case that would bar him from the state's ballot.
Be the first to know and let us send you an email when Business Standard posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.
Send a message to Business Standard:
If you're planning to have your American cousins or friends buy you the latest iWatch 9 series or Ultra 2 at lower prices, unfortunately, that might not be possible Watch the video to find out why https://www.youtube.com/watch?v=AzLGrB-fok8
#BSMorningShow | For India’s bond markets, 2023 was a bumpy year. Surging US yields and a volatile inflation trajectory kept investors on the edge. But the #USFed rate pauses have provided relief to investors https://www.youtube.com/watch?v=5dUEXvYeqOQ
#bsmorningshow | Has the new telecom bill let OTT off the hook? Did 2023 launch India’s space sector into a higher orbit? How should bond market investors prepare for 2024? What is Bhashini? All answers here #ott #telecombill #markets #india #spacesector #bhashini
Has the new telecom bill let OTT off the hook? Did 2023 launch India’s space sector into a higher orbit? How should bond market investors prepare for 2024? What is Bhashini? All answers here
If you’re planning to have your American cousins or friends buy you the latest iWatch 9 series or Ultra 2 at lower prices, unfortunately, that might not be possible. Watch the video to find out why 🎥: @ktalks_ #appleiwatch9 #ultra2watch #apple #masimo #patent #bloodoxygenmonitoring
#BSMorningShow | As the Israel-Hamas War lingers on, casualties are rising on both sides. US President Joe Biden has called for a two-state solution to this vexed issue. But what is this two-state solution? All answers here https://www.youtube.com/watch?v=1GlESvBtEp8
#BSMorningShow | Global slowdown has affected IT sector. Hiring has hit an all-time low. And salary hikes too are not as impressive as they used to be. Why is the IT sector facing this painful readjustment? https://www.youtube.com/watch?v=bjQnrC5a_X8
#BSMorningShow | Funding winter has never been so harsh. Indian #startups received 72% less capital in 2023 than the last year. Weak global macros and a series of startup debacles have turned investors circumspect All answers here https://www.youtube.com/watch?v=yNYV0UPBXJU
#BSMorningShow | IT stocks have been at the centre of Dalal Street chatter since the US Fed meeting last week. It raised hopes of lower macro uncertainty in 2024 with three rate cuts. Here’s an outlook for the stocks https://www.youtube.com/watch?v=P846n8qBH8s
#bsmorningshow | Is India’s funding winter thawing? Why is IT sector facing painful readjustments? Do IT stocks have more steam left? What is the two-state solution? All answers here #markets #funding #itsector
Is India’s funding winter thawing? Why is IT sector facing painful readjustments? Do IT stocks have more steam left? What is the two-state solution? All answers here
141 MPs from the Opposition INDIA group were suspended between Monday and Tuesday for protesting against Parliament security breach. Here's all you need to know 🔗 https://www.youtube.com/watch?v=SOaUrRZsGfE
A magnitude 6.2 earthquake struck northwest China's Gansu and Qinghai provinces, resulting in at least 116 fatalities. Watch the video to learn more on the earthquake in China 🔗 https://www.youtube.com/watch?v=w2haqRsXq6c
Did you know that over 2.9 million students failed to clear Class 10 board exams in 2023? Additionally, the dropout rate has increased in the last four years. But why are so many students finding it difficult to pass? Let's find out https://www.youtube.com/watch?v=H9oz_vZYPgo
Did you know that over 2.9 million students failed to clear the Class 10 board exams in 2023? Additionally, the dropout rate has increased in the last four years, rising from 109,800 in 2019 to 117,308 in 2022. But why are so many students finding it difficult to pass the Class 10 board exams? Watch the video to find out #class10boards #class10results #class10exams
Sheikh Nawaf al-Ahmad al-Sabah, the #Emir of #Kuwait, passed away on Dec 16. Known for his diplomatic prowess, #SheikhNawaf faced a complex political landscape marked by tension between the govt and the elected parliament Watch the video to know more https://www.youtube.com/watch?v=4jO0a5ixS6E
IPL 2024 auction | England all-rounder Chris Woakes is sold to Punjab Kings for Rs 4.2 crore. His base price was Rs 2 crore. Catch all the LIVE updates https://mybs.in/2cK8lmn
IPL 2024 auction | New Zealand all-rounder Daryl Mitchell is sold to Chennai Super Kings for Rs 14 crore. His base price was Rs 1 crore Catch all the LIVE updates https://mybs.in/2cK8lmn
IPL 2024 auction | All-rounder #HarshalPatel emerges as the biggest Indian buy in IPL 2024 Auction. #PunjabKings buys Harshal for Rs 11.75 crore His base price was Rs 2 crore Catch all the LIVE updates https://mybs.in/2cK8lmn
IPL 2024 auction | South African all-round #GeraldCoetzee is sold to Mumbai Indians for Rs 5 crore. His base price was Rs 2 crore Catch all the LIVE updates https://mybs.in/2cK8lmn
IPL 2024 auction | Australia Test & ODI captain Pat Cummins emerges as the costliest player in the history of the #IPL as Sunrisers Hyderabad bags him for Rs 20.5 cr His base price was Rs 2 cr Catch all the LIVE updates https://mybs.in/2cK8lmn
IPL 2024 auction | Afghanistan all-rounder #AzmatullahOmarzai is sold to Gujarat Titans for Rs 50 lakh. His base price was Rs 50 lakh. Catch all the LIVE updates https://mybs.in/2cK8lmn
IPL 2024 auction | Young Kiwi all-rounder Rachin Ravindra is sold to #ChennaiSuperKings for Rs 1.8 crore. His base price was Rs 50 lakh. Catch all the LIVE updates https://mybs.in/2cK8lmn
IPL 2024 auction | Sri Lanka spinner Wanindu Hasaranga is sold to Sunrisers Hyderabad for a base price of Rs 1.5 crore. Catch all the LIVE updates https://mybs.in/2cK8lmn
#BSMorningShow | Venture capitalists in India are believed to be sitting on dry powder, waiting for the right time. They have turned circumspect on startups too. But exactly what is dry powder? All answers here https://www.youtube.com/watch?v=ssKX45H1Sfo
IPL 2024 auction | Australia's batter Travis Head is sold to Sunrisers Hyderabad for Rs 6.8 crore His base price was Rs 2 crore. Catch all the LIVE updates https://mybs.in/2cK8lmn
IPL 2024 auction | England's batter Harry Brook is sold to Delhi Capitals for Rs 4 crore His base price was Rs 2 crore Catch all the LIVE updates https://mybs.in/2cK8lmn
IPL 2024 auction | West Indies T20 captain Rovman Powell is sold to Rajasthan Royals for Rs 7.4 crore His base price was Rs 1 crore Catch all the LIVE updates https://mybs.in/2cK8lmn
Want your business to be the top-listed Media Company?