'The way the bank is doing in the past 4-5 quarters, no reason to see why we will not be able to achieve that.'
MSIL, which currently has a subscription service that allows customers to lease its petrol-run and strong hybrid vehicles on a flexible, long-term basis without ownership commitments, will introduce a leasing service as well.
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.
'With a very stable technology with limited functionalities, a large network has spanned out.'
The Jammu and Kashmir government has banned the use of third-party tools like WhatsApp and Gmail for transmitting sensitive official documents, citing security concerns. The order, issued by the General Administration Department, states that these platforms are not designed to handle classified information and their security protocols may not meet the stringent standards required for official communications. It highlights potential risks such as unauthorized access, data breaches, and leaks of confidential information. The order emphasizes the importance of using government email facilities, instant messaging platforms, and secure networks for handling sensitive information. It also prohibits the use of digital assistants and smartphones during discussions on classified matters. The government has warned of disciplinary action for non-compliance with these directives.
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.
The share of companies where it would take over 100 years for a median employee to earn the equivalent of their top executive's annual salary rose to 65 per cent in FY24 from 61 per cent in FY19.
India's real estate market is poised for growth across categories - residential, commercial, and rental. Currently valued at Rs 24 trillion, or about $300 billion, it is projected to surge to $1.3 trillion by 2034, and then grow further to $5.17 trillion by 2047, indicates a report by the Confederation of Real Estate Developers Associations of India (Credai).
'I believe that the overall demand for commercial vehicles will improve, even though there is a slowdown in the GDP.'
The top court remarked that there is no place for flamboyance in judiciary.
Dr Jaishankar is expected to discuss the dates for the fifth Quad leaders' summit in India later this year.
In today's rapidly evolving digital payment landscape, security concerns remain a top priority for stakeholders across sectors.
'We plan to launch new initiatives, including cash flow-based lending, to ensure borrowers are not burdened and can access funds more quickly.'
Uttar Pradesh Chief Minister Yogi Adityanath has hit out at the Opposition for initiating impeachment notices against Rajya Sabha chairman Jagdeep Dhankhar and Allahabad high court's Justice Shekhar Kumar Yadav, saying 'whoever speaks the truth' is threatened in this way.
The Fintech Association for Consumer Empowerment (FACE), the only self-regulatory organisation for financial technology/fintech (SRO-FT) companies, is aiming to secure membership from at least 75 per cent of players across all key fintech categories within the next three years, according to a senior executive. The total number of members in the organisation has increased to 110, up from around 60 when it received approval from the Reserve Bank of India (RBI) to operate as an SRO-FT in August.
'The use of AI, especially genAI is only going to get worse, especially in an enterprise ecosystem.'
As the US gets tougher with visas, the prayers of US-bound devotees in India are getting more fervent, and their purse strings looser. Called Visa Hanuman temples (there are half a dozen all over India), some of them ask for a 'fee'.
The Supreme Court of India has criticized the Madhya Pradesh High Court's decision to sack a woman judge due to performance concerns, without considering the impact of a miscarriage on her ability to work. The court questioned the lack of similar criteria for male judges and highlighted the mental and physical trauma associated with a miscarriage. The case involves six women civil judges who were terminated by the state government over alleged unsatisfactory performance. While the high court reinstated four judges, the fate of the other two, including the judge who suffered a miscarriage, remains uncertain. The Supreme Court has issued notices to the high court registry and the judicial officers involved, seeking clarification on the termination criteria and emphasizing the importance of considering factors beyond quantitative performance assessments.
'Our AI strategy -- AI in Everything, Everything for AI, and AI for Everyone -- is now in action.'
Both new and completed project values as of December 2024 remain below pre-pandemic levels seen in 2019.
As the poverty rates in the country declined below 5 percent in 2024, a research study by State Bank of India also highlighted that the extreme poverty in the country has been reduced to minimal.
Bengaluru-based Nestaway's co-founder Amarendra Sahu has filed an First Information Report (FIR) alleging fraud, cheating, forgery of documents and criminal intimidation against Tiger Global, Chiratae Ventures and Goldman Sachs, in a rare instance of a startup founder filing a criminal complaint against its investors. The investors have approached the Orissa High Court, seeking to quash the FIR filed in September last year with the Bhubaneswar Police. The next hearing of the matter is scheduled for January 9.
Delhi's air quality plummeted to alarming levels on Tuesday after 24 days, with many areas witnessing a significant spike in pollution despite the strictest measures, including a ban on construction activities and the entry of trucks into the city, coming into force.
'The Budget must be pro-growth, focusing on infrastructure creation while also managing the fiscal deficit.'
Security agencies went into a tizzy after three international flights originating from Mumbai received bomb threats on Monday with one of them, a New York-bound Air India aircraft, getting diverted to New Delhi as travel plans of some 500 passengers went for a toss.
The upcoming Union Budget to be presented on February 1 is likely to assume a nominal gross domestic product (GDP) growth between 10 and 10.5 per cent for FY26, a Business Standard poll of 10 economists showed. The first advance estimates released by the National Statistics Office (NSO) had estimated a nominal GDP growth of 9.7 per cent for FY25. Nominal GDP, calculated at current market prices, factors in the effect of inflation. It is used as the base to calculate crucial macroeconomic indicators, such as fiscal deficit, revenue deficit, and debt-to-GDP ratio.
'We have opened 100 branches in the last one and a half years. Our manpower is also in place.'
About 99,165 electric cars were sold in India in 2024, but electric car penetration -- share of electric car sales in total sales -- was just about 2.5 per cent.
Russian shipments averaged 1.67 million barrels per day in January compared to 1.48 million bpd in December and 1.53 million bpd a year earlier.
'It is our duty to keep space sustainable and free of debris.'
After registering a net profit of Rs 25.1 crore in Q3FY25 and consolidated revenues growing by 7 per cent on a like-for-like basis, Siddharth Mittal, chief executive officer (CEO) and managing director, Biocon, told Sohini Das/Business Standard in a virtual interaction that local manufacturing in the US is a trade off between cost and qualifying to do business there.
The charging infrastructure expansion includes the setup of over 600 DC charging stations by 2030 (including company-owned and company-operated ones) in addition to partnerships with over 10,200 charging points, collaborating with operators like Shell, Charge Zone, and Statiq.
Why is Shailesh Chandra, managing director of Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility, not worried about the competition?
rediffGURU T S Khurana answers readers' personal income tax queries.
'Expect our food delivery business to deliver sustainable adjusted EBITDA margins of about 5 per cent in the medium term.'
The ideal time to invest in sector funds, is during a downturn so that investors can capitalise on a turnaround in 1.5 to 2 years.
'Earlier, our cost of funds was higher than most in the peer group.'
'The steel industry expects the government to decide on safeguard measures from dumping post-Budget'
'We have to be prepared for the larger disruption that is likely to take place.'
While basic policies focus on structural damage, comprehensive ones extend to household contents like furniture, electronics, clothing, and other personal belongings.
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