In a double-dose bid to boost growth and employment prospects, the Union Cabinet on Tuesday approved a Rs 2.07 trillion outlay for a research development and innovation (RDI) Scheme to fund private sector innovations, and an employment-linked incentive (ELI) to create over 35 million new jobs over the next two years.
The Olympic Council of Asia (OCA) has confirmed that cricket will be included in the 2026 Asian Games in Aichi-Nagoya, Japan.
Without changes to the taxation rules, buybacks are expected to remain scarce.
'The franchise can grow only if it evolves. And for it to evolve, it has to pass on to a younger hand.'
One97 Communications Ltd (OCL), the parent firm of fintech major Paytm, has denied reports about any investigation by the Enforcement Directorate (ED) into the company, its associates, and its founder and chief executive officer (CEO), Vijay Shekhar Sharma. The company, in an exchange filing on Sunday, said it had cooperated with the authorities when users or merchants on its platform were subject to enquiries in the past. "We would like to set the record straight and deny any involvement in anti-money laundering activities.
'The entire shoot paused after that.' 'There was a heaviness on set -- a shared recognition of the horror we were portraying.'
A higher TER means a larger portion of the return goes to the AMC, leaving less for the investor, unless compensated by higher returns.
The Pakistan Cricket Board is set to register its protest with the ICC for ignoring its CEO during the trophy ceremony in Dubai on Sunday.
Just-retired ICC match referee David Boon says ball tampering and security issues were the biggest challenges that he found "confronting" during his 14-year tenure in the position.
Subhiksha's founder and Managing Director R Subramanian, while refuting the allegations of ICICI Venture, said his company hasn't received any resignations from the nominees of ICICI even though the private equity firm claimed it had withdrawn its nominees.
'Creative impulses ek lifetime mein pura nahi ho payega.'
Markets regulator Sebi on Wednesday barred former CEO of IndusInd Bank, Sumant Kathpalia, and four other senior officials from accessing the securities markets in connection with an alleged insider trading in the bank's shares. In addition to the market ban, Sebi has impounded Rs 19.78 crore collectively from the five individuals, according to an interim order passed by the regulator.
The United Forum of Bank Unions (UFBU) on Thursday said its two-day nationwide strike on March 24 and 25 will be observed as scheduled since discussions with the Indian Banks' Association (IBA) over key demands failed to yield any positive outcome. In a meeting with the IBA, all UFBU constituents raised issues, including recruitment in all cadres and a five-day workweek.
Auto major Maruti Suzuki India on Friday said its consolidated net profit declined by 1 per cent year-on-year to Rs 3,911 crore in the fourth quarter ended March 31, 2025, on account of higher expenses. The country's largest carmaker reported a net profit of Rs 3,952 crore in the January-March quarter of FY24.
'Sunny sir keeps me distracted from my morning sickness.'
Pakistan has banned Indian-flagged ships from entering its ports with immediate effect after India imposed fresh punitive measures, including a ban on the import of goods and entry of Pakistani vessels into its ports, against Islamabad amid heightened tensions following the Pahalgam terror attack. The move comes after India announced a raft of punitive measures against Pakistan, including the suspension of the Indus Waters Treaty, shutting down of the only operational land border crossing at Attari, and downgrading of diplomatic ties following the terror attack. The Pakistan Army has also conducted a successful training launch of the Abdali Weapon System, a surface-to-surface missile with a range of 450 km, saying it was aimed at ensuring the operational readiness of troops and validating key technical parameters. India considers the test launch of the ballistic missile a "blatant" act of "provocation."
In a statement to the Bombay Stock Exchange, the company said it had appointed Nita Ambani and three others as additional directors.
IndusInd Bank has appointed a professional firm to conduct investigation for identifying the root cause of accounting discrepancies relating to its derivatives portfolio. As per an estimate, Rs 2,100 crore discrepancy in accounting may impact 2.35 per cent of the Bank's net worth.
The return filed could be treated as defective, invalid, or even be considered as not filed at all.
An Air India passenger allegedly urinated on a fellow traveller during a flight from Delhi to Bangkok on Wednesday. Air India has reported the incident to the authorities (DGCA) and is investigating the matter. The airline has also stated that its crew followed all laid down procedures in handling the situation and offered assistance to the aggrieved passenger.
Electric cab-hailing platform BluSmart remained non-operational on Thursday across Delhi-NCR, Bengaluru, and Mumbai, as the market regulator cracked down on its co-founder over alleged misuse of funds at an affiliated company. BluSmart app, that offered more than 8,000 taxis in the three metros, stopped taking bookings on Wednesday evening and remained unoperational on Thursday as well.
Only experienced investors with a high risk appetite, a grasp of market cycles, and comfort with volatility and timing risk should invest.
Engineering and construction major Larsen & Toubro (L&T) reported a 25 per cent rise in net profit attributable to the owners of the company for the January-March quarter of 2024-25, owing to higher revenues and an exceptional gain. For the quarter under review, L&T posted a consolidated net profit of Rs 5,497.3 crore, while revenue rose 10.9 per cent year-on-year (Y-o-Y) to Rs 74,392.28 crore.
Until now, salaried individuals having income under the head LTCG were required to file Form ITR-2.
Munich-based Allianz will explore new opportunities in the Indian insurance market not only as an investor but also as an operator, the company told Business Standard on Tuesday. "India will continue to be one of Allianz's main growth markets, and Allianz will explore new opportunities to further grow its participation in the Indian insurance market in the future, not only as an investor but also as an operator," the company said.
Mint Road, on December 21, 2023, flagged the role of self-regulatory organisations (SROs) in strengthening the compliance culture in regulated entities (REs) and providing a consultative platform for policymaking. It also decided to issue an omnibus framework for SROs.
'Pakistan is economically very weak and will not be able to sustain a war for long.'
The bank made a Rs 67 crore net profit, up 21% from the previous year. Its deposits grew 8%, the loan book 10%. Net bad loans dropped from 7.53% to 6.07%. So why was the banker, who headed the bank, not promoted?
At 250 million unique visitors a month, MX Player has for long been in the same bracket as YouTube (454 million) and Meta (324 million) in reach.
Under the direction of the ministry of external affairs, the Humanitarian Assistance and Disaster Relief (HADR) efforts are being progressed in conjunction with Headquarters Integrated Defence Staff, the Indian Army, the Indian Air Force and the National Disaster Response Force, the defence ministry stated.
When Gensol Engineering made its public market debut through a small and medium enterprises (SME) initial public offering (IPO) in September 2019, its promoters held a commanding 96 per cent stake. Now, that figure has shrunk to a "negligible" fraction.
Indian Railways has announced a compensation of Rs 10 lakh each for the next of kin of those killed in the stampede at New Delhi Railway Station. Those seriously injured will receive Rs 2.5 lakh, and those with minor injuries will receive Rs 1 lakh. The stampede occurred late Saturday night, resulting in at least 18 fatalities and more than a dozen injuries. The incident was triggered by a surge in passengers waiting to board trains for Prayagraj, where the Maha Kumbh is taking place, on platforms 14 and 15 of the station.
Reliance Group chairman Anil Ambani on Friday resigned as director of Reliance Power and Reliance Infrastructure, following markets regulator Sebi order restraining him from associating with any listed company. "Anil D Ambani, non-executive director, steps down from the board of Reliance Power in compliance of SEBI (Securities and Exchange Board of India) interim order," Reliance Power said in a BSE filing. In a separate filing to the stock exchange, Reliance Infrastructure said that Anil Ambani has stepped down from its board "in compliance of SEBI interim order".
The Bombay High Court expressed concerns about allowing a 36-year-old divorced woman to undergo surrogacy, questioning if it could lead to commercialization of the practice. The court also emphasized the rights of the child born through surrogacy, not just the woman seeking it. The court adjourned the case indefinitely, suggesting the petitioner approach the Supreme Court, which is already dealing with related matters.
The latest spike in the Vix is a sign that investors are visibly rattled by global developments and fear a further drawdown in stock prices, experts said.
The Maharashtra government has reversed its decision to make Hindi a mandatory third language in schools after facing widespread opposition. The move comes after the state's language consultation committee urged the Chief Minister to revoke the decision. The government will now issue a revised order making Hindi learning voluntary. The decision had been met with criticism from various quarters, including opposition parties and the Maharashtra Navnirman Sena, which had called for a protest against the move.
