News for 'Business Standard'

UPI Credit Card: Read Before You Swipe

UPI Credit Card: Read Before You Swipe

Rediff.com30 Jan 2025

'If you are not prudent, you may exceed your budget, and if it happens too often, you may end up in debt.'

India's agriculture growth dips in Q1 as heatwave stings crop output

India's agriculture growth dips in Q1 as heatwave stings crop output

Rediff.com2 Sep 2024

Gross Value Added (GVA) growth in agriculture and allied activities in the first quarter of the 2024-25 financial year (Q1FY25) dipped to 2.7 per cent at constant prices from 4.2 per cent in Q1FY24 due to a drop in output of some crops following heatwave in the main growing months. Low post-monsoon rains, which dried most of the reservoirs in several states across the country, also impacted the production of many crops. At current prices, the growth was estimated at 8.5 per cent as against 4.1 per cent in Q1FY24 due to a spike in food inflation during the April to June months of FY25.

Why Wayanad's Landslide Survivors Are Protesting

Why Wayanad's Landslide Survivors Are Protesting

Rediff.com27 Mar 2025

In the months immediately following the 2024 tragedy, reporting on the landslide per se had been a straightforward affair. On one side was death and destruction. On the other side, survivors and the business of survival. It was black and white. What direction to take was clear. Rehabilitation in comparison, felt like a complex situation. One that is fraught with shades of grey. As grey as human life, explains Shyam G Menon.

Pharma companies fight fakes with smart packaging

Pharma companies fight fakes with smart packaging

Rediff.com10 Oct 2024

Indian pharmaceutical companies are stepping up their efforts to combat the problem of counterfeit drugs, employing a variety of strategies, from packaging innovations to engaging private investigation agencies. The stakes are high, as counterfeit medicines not only harm consumers but also tarnish the reputation of leading brands.

'Next 2-3 Months Crucial For Equities'

'Next 2-3 Months Crucial For Equities'

Rediff.com17 Dec 2024

'Geopolitics will be the most important driver of financial markets in 2025.'

Will BO History Occur This I-Day Weekend?

Will BO History Occur This I-Day Weekend?

Rediff.com16 Aug 2024

'We believe these five days should get roughly about 5 to 5.5 million people or more into the cinemas.'

Employee Grievances Rise In Top Firms

Employee Grievances Rise In Top Firms

Rediff.com4 Nov 2024

Data collated for 47 BSE50 companies (as of H1FY25) shows employees and workers filed 8,468 such complaints in FY24.

Stanchart to continue focus on wealth management in India

Stanchart to continue focus on wealth management in India

Rediff.com27 Feb 2024

Standard Chartered's India strategy will focus on wealth management while credit card will remain core to its business though will avoid competition with the country's private banks, said a senior executive of the British lender. "Our focus on wealth management and affluent clients are central to our existence. "We are strong in these areas and we want to grow in these areas.

Air India-Vistara Merger: What You Must Know

Air India-Vistara Merger: What You Must Know

Rediff.com26 Oct 2024

From November 12, Vistara aircraft will be operated under Air India's banner, identifiable by a special four-digit flight code beginning with '2'. For example, flight UK 955 will become AI 2955, making it easier for customers to recognise when booking on airindia.com after this date.

'Focus Is To Maintain The Casa Ratio'

'Focus Is To Maintain The Casa Ratio'

Rediff.com8 Nov 2024

'It has remained around 38 per cent over the past four to five quarters.'

What Air India Plans For Its Crews

What Air India Plans For Its Crews

Rediff.com4 Oct 2024

Some of the proposed policies have been welcomed by pilots and cabin crew, while others have sparked criticism.

8th Eco Census likely next year; data for 7th awaited

8th Eco Census likely next year; data for 7th awaited

Rediff.com14 Aug 2024

The Ministry of Statistics and Programme Implementation (Mospi) has started preparations for the eighth Economic Census (EC), which is expected to be formally launched next year, sources told Business Standard, even as the results of the seventh edition are yet to be made public. "Centre has asked states and Union Territories (UTs) to submit requirements for funds and manpower in a bid to start work on the eighth EC. "The states and UTs are required to set up a dedicated unit to conduct the exercise.

'India is an important education market'

'India is an important education market'

Rediff.com23 Oct 2024

'It's the second-largest market for us after the US, and should be the largest market at some point.'

Iran Missile Strike Forces Flight Reroutes

Iran Missile Strike Forces Flight Reroutes

Rediff.com7 Oct 2024

Flights from Delhi or Bengaluru, while they may still fly over Iran, depending on the route, have alternative paths that may take them through Central Asia or northern routes.

TaMo looks to ace last-mile delivery with sub-600 kg SCV

TaMo looks to ace last-mile delivery with sub-600 kg SCV

Rediff.com7 Aug 2024

Tata Motors, India's largest commercial vehicle manufacturer, is looking to launch a first-of-its-kind sub-600 kg small commercial vehicle, aiming to cater to the growing demand for efficient last-mile delivery solutions, an area currently witnessing a surge in interest from e-commerce giants. This new entrant is set to be positioned just below the marquee Tata Ace, which is popular across the country as "Chota Haathi".

Rise In Whistleblower Complaints In FY24

Rise In Whistleblower Complaints In FY24

Rediff.com17 Sep 2024

'The global median of whistle-blower complaints is 1.5 per cent of the total employees. India's reporting is far away from this average.'

Adani, Tata eye bigger pie in Mumbai power distribution

Adani, Tata eye bigger pie in Mumbai power distribution

Rediff.com6 May 2024

As Mumbai's real estate and electric vehicle penetration grows, two of the city's private power distribution companies, Adani Electricity and Tata Power, are eyeing a bigger business pie, particularly betting on high-value customers. Adani Electricity Mumbai (AEML), the subsidiary which houses Adani Energy Solutions' Mumbai distribution business, recorded a six per cent growth in total units sold in the financial year 2023-24 (FY24), the company's presentation shows. This gain came at over 13 per cent growth in the year-ago period.

'Many Indian unicorns have set up businesses in Dubai'

'Many Indian unicorns have set up businesses in Dubai'

Rediff.com16 Sep 2023

'As part of our D33 strategy, the plan is to establish 30 unicorns in Dubai within the next 10 years.'

'Urban demand is under stress, would need an upward spiral'

'Urban demand is under stress, would need an upward spiral'

Rediff.com5 Dec 2024

'Spending by the middle class is limited with a focus on savings. However, there is buoyancy at the top-end.'

Aamir@60: 25 Stunning Sides To The Star

Aamir@60: 25 Stunning Sides To The Star

Rediff.com11 Mar 2025

Sukanya Verma celebrates the icon and his imagery in 23 super special Aamir Khan frames etched in her head.

Oyo's India CEO, Europe head resign ahead of IPO

Oyo's India CEO, Europe head resign ahead of IPO

Rediff.com7 Sep 2023

IPO-bound hospitality major Oyo's India Chief Executive Officer (CEO) Ankit Gupta and the head of its Europe business Mandar Vaidya have resigned. A company spokesperson told Business Standard that the two had moved on from their roles six months ago in March 2023. During the same period, Oyo had rejigged its top management, where the company's COO Abhinav Sinha was reassigned as Chief Product and Technology Officer, while Chief Business Development Officer Anuj Tejpal was reappointed as Global Chief Merchant Officer.

UPI credit line: NPCI may go easy on interchange fee

UPI credit line: NPCI may go easy on interchange fee

Rediff.com8 May 2024

To increase the adoption of credit on United Payments Interface (UPI), National Payments Corporation of India (NPCI) is looking at an interchange fee for transactions lower than that for a credit-card transaction. Sources in the know said these charges could be 1-1.2 per cent. Fintech participants concur with the view that the interchange fee is expected to be lower than that for a credit-card transaction.

FSSAI sets expiry timelines for food items sold on ecom, qcom

FSSAI sets expiry timelines for food items sold on ecom, qcom

Rediff.com13 Nov 2024

The Food Safety & Standards Authority of India (FSSAI) on Tuesday asked e-commerce and quick-commerce food operators to ensure a minimum shelf life of 30 per cent or at least 45 days before products expire at the time of delivery. The order follows rising concerns over violations of food safety standards in quick-commerce and e-commerce.

ITC Hotels' demerger to mirror Reliance Industries-Jio Financial playbook

ITC Hotels' demerger to mirror Reliance Industries-Jio Financial playbook

Rediff.com2 Jan 2025

ITC's move to hive off its hotel business will have implications for passive funds and exchange traded funds (ETFs) similar to that seen during the Reliance Industries-Jio Financial demerger. As ITC is part of popular indices such as Nifty and Sensex, it is held by several index funds and ETFs.

How AI is shaping the future of fashion e-commerce

How AI is shaping the future of fashion e-commerce

Rediff.com17 Dec 2024

'We have reached 70 million monthly active users during this festival season, which is another great milestone for us.'

Lack of charging infra a shock for booming EV market

Lack of charging infra a shock for booming EV market

Rediff.com11 Feb 2025

Proliferation of home chargers of around 7 KWh and above, which take six to seven hours to fully charge a car depending on the model, bring running costs down by a third or so. That, coupled with the increasing range of modern electric cars, can lead to a massive increase in sales.

Cement Inc valuation hits new peaks despite weak earnings

Cement Inc valuation hits new peaks despite weak earnings

Rediff.com30 Oct 2024

There has been a sharp slowdown in revenue and profit growth in the cement sector in recent quarters but it is yet to show in the share prices of cement companies. On the contrary, there has been a rally in cement stocks and a re-rating of their equity valuation in the past three years despite an earnings contraction during the period.

Fema tweaks on the cards to allow FPIs to seamlessly access FDI route

Fema tweaks on the cards to allow FPIs to seamlessly access FDI route

Rediff.com31 Aug 2024

The government is planning to introduce legislative changes to the Foreign Exchange Management Act (Fema) regulations, with a focus on easing the pathway for inflows from a foreign portfolio investor to transition seamlessly into foreign direct investments (FDI) once the FPI surpasses the 10 per cent ownership threshold in a company. This move stems from multiple requests by foreign investors seeking to streamline the reporting requirements that arise when their stakes in Indian firms cross the 10 per cent mark.

Will Jammu And Kashmir See Assembly Elections In 2024?

Will Jammu And Kashmir See Assembly Elections In 2024?

Rediff.com5 Aug 2024

Although the Supreme Court has mandated the Centre to conduct the polls by the end of September, a spate of terrorist attacks in J&K could cause delays.

'In No Rush To Say Economy Is Slowing Down'

'In No Rush To Say Economy Is Slowing Down'

Rediff.com7 Nov 2024

'Whether I am optimistic or pessimistic is not the issue; I am just going by the evidence available.' 'The Indian economy and financial sector are now well-placed and very resilient in dealing with any kind of spillover coming from the external world.'

'Real growth and opportunity are going to come from GLP-1'

'Real growth and opportunity are going to come from GLP-1'

Rediff.com21 Aug 2024

'It is not just the US and European opportunity, but it is a huge global opportunity.'

BSE hoists the sails for Sensex's 'offshore' voyage

BSE hoists the sails for Sensex's 'offshore' voyage

Rediff.com16 Sep 2024

Tasting success with the relaunch of Sensex derivatives in the onshore market, BSE is preparing for the 'offshore' debut of its 30-share index, which has become synonymous with the domestic markets. Sources in the know said that the India International Exchange (India INX), a subsidiary of BSE, received approval in July from the International Financial Services Centres Authority (IFSCA) to launch Sensex 30 derivatives contracts.

Why Households Are Shifting Funds To Equities

Why Households Are Shifting Funds To Equities

Rediff.com25 Sep 2024

Allocation to bank deposits -- fixed deposits, savings account deposits, and current account deposits -- came down.

How Quickly IPL Teams Spent Money

How Quickly IPL Teams Spent Money

Rediff.com26 Nov 2024

At the start of the auction on Sunday, Punjab Kings had the highest funds at Rs 110.5 crore, which decreased to Rs 10.9 crore before Day 2 on Monday.

5 High-Demand Jobs In 2025

5 High-Demand Jobs In 2025

Rediff.com6 Feb 2025

In 2025, India's tech job market is thriving, with tech professionals seeing a 9.5% salary increase and roles like AI/ML architects earning up to Rs 95 lakh annually.

Chennai Brains Behind Ford's Global Hits

Chennai Brains Behind Ford's Global Hits

Rediff.com26 Aug 2024

'We participate in the design/development of components and systems for electric vehicles, internal combustion engines, and hybrid vehicles.'

Not just China, all PLI-led visas being fast-tracked: Piyush Goyal

Not just China, all PLI-led visas being fast-tracked: Piyush Goyal

Rediff.com1 Jul 2024

The government is expediting visa-related issues to bring technicians to India from any country, not just China, as and when required, to ensure the smooth implementation of the flagship production-linked incentive (PLI) scheme aimed at boosting domestic manufacturing. "If those under the PLI scheme need to get their equipment installed, we try to expedite the ability to get technicians into India from any country, whichever it may be," Union Commerce and Industry Minister Piyush Goyal told Business Standard in an interview.

Lava dials up ambitions for smart wearables market

Lava dials up ambitions for smart wearables market

Rediff.com20 Aug 2024

With the recent launch of smartwatches, home-grown smartphone maker Lava is looking to secure a strong foothold in the Indian wearables market. The company aims to capture up to 20 per cent of this segment over the next few years, according to a senior executive.

'We have secured a place for large deals'

'We have secured a place for large deals'

Rediff.com4 Nov 2024

'Our growth in banking, financial services, and insurance (BFSI) is a prime example.'

West Asia tensions stall India's plans to import crude oil from Iran

West Asia tensions stall India's plans to import crude oil from Iran

Rediff.com18 Apr 2024

The latest flashpoint in West Asia has derailed India's preliminary plans to resume crude oil imports from Iran, officials said. In January, officials of the Ministry of Petroleum and Natural Gas had told Business Standard that the government had been studying proposals for the same, given that India was trying to expand sources of imports. "We are always monitoring the situation when it comes to crude flows.