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Business Standard 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...
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.

Delhi's IGI Airport is set to get a multi-modal interstate transport hub near Aerocity.
21/12/2023

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
21/12/2023

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 a...
21/12/2023

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 processThere is a need for consistency in the adjudicating frameworks of Sebi and othe...
21/12/2023

| 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 fina...
21/12/2023

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
21/12/2023

The report also gave staggering numbers of threat detections, with over 400 million attacks getting detected in 2023

21/12/2023

| 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...
21/12/2023

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 ...
21/12/2023

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 dat...
21/12/2023

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 empl...
21/12/2023

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 importa...
21/12/2023

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 Go...
21/12/2023

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
21/12/2023

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 financi...
21/12/2023

| 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 n...
21/12/2023

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-relate...
21/12/2023

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 ...
21/12/2023

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 bill...
21/12/2023

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
21/12/2023

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 procuremen...
21/12/2023

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
21/12/2023

The new norms contained in IRDAI's exposure draft, if implemented, will make surrendering less painful

21/12/2023

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, sa...
21/12/2023

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 o...
21/12/2023

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 streamin...
21/12/2023

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 t...
21/12/2023

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

21/12/2023

| 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

21/12/2023

| 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, h...
21/12/2023

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 classi...
21/12/2023

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.

21/12/2023

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 ...
21/12/2023

| 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

21/12/2023

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 provid...
21/12/2023

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 selli...
21/12/2023

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 presid...
21/12/2023

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...
21/12/2023

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 elect...
21/12/2023

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.

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