Business Standard

Covid-19: Insurers are denying policies to disabled despite govt strictures

8 hours ago

Business / Business Standard/ Top Stories

The Covid-19 pandemic has exposed several faultlines in our health systems: Private healthcare is expensive while public healthcare can be inadequate..

World Coronavirus Dispatch: What a Covid memorial might look like

an hour ago

Business / Business Standard/ Top Stories

Germany's ban on New Year fireworks sparks anger, Toronto shuts everything but schools, infection risk from using cash is low and other pandemic-related news around the globe..

Wall St opens flat as labour market recovery slows amid rise in Covid cases

an hour ago

Business / Business Standard/ Latest News

The Dow Jones Industrial Average rose just 12.63 points, or 0.04%, at the open to 30,058.87..

After festive season, price hikes: Everyday items may get out of reach

an hour ago

Business / Business Standard/ Latest News

Commodity inflation to hurt consumers and businesses. Property developers may hold price lines, but others may not..

United States economy surges by record 33.1% in the third quarter

an hour ago

Business / Business Standard/ Latest News

The gain was the largest quarterly gain on records going back to 1947..

Fino Payments Bank registers profit for the third straight quarter

2 hours ago

Business / Business Standard/ Latest News

Bank achieves transactions worth Rs 12,500 cr, twice that in the same month last year; eyes conversion into SFB following..

Tamil Nadu reports 1,534 new Covid-19 cases, 467 from Chennai alone

2 hours ago

Business / Business Standard/ Latest News

67,458 persons were tested today, while 1,873 patients were discharged and 16 new deaths were reported..

LIC's equity portfolio value may be at an all-time high of $86 billion

2 hours ago

Business / Business Standard/ Latest News

The insurance behemoth's portfolio value has soared by $31 billion since March 2020..

Sony PlayStation 5 stocks are 'absolutely sold out': CEO Jim Ryan

3 hours ago

Business / Business Standard/ Latest News

Sony launched the first PlayStation in 1994...

Chennai airport suspends aircraft operations in view of Cyclone Nivar

3 hours ago

Business / Business Standard/ Latest News

The decision was taken considering the safety of passengers and the severity of the approaching cyclone..

Indian Immunologicals to set up new vaccine plant, raise capacity by 35%

3 hours ago

Business / Business Standard/ Latest News

Commissions a Rs 75 cr viral antigen unit, inaugurates new filling plant..

IND vs AUS: Rahul keen to play as wicketkeeper-batsman in limited overs

3 hours ago

Business / Business Standard/ Latest News

Rahul has now pipped specialist wicketkeepers Rishabh Pant and Sanju Samson as the no.1 gloveman in the limited-overs format...

Govt to infuse Rs 2,000 cr in NIIF debt fund in FY21 for infra development

4 hours ago

Business / Business Standard/ Top Stories

Union Cabinet approves Rs 6,000-cr fund over two years; this year's allocation to come if there is demand..

South Korea fines Facebook $6.1 mn for sharing users' info without consent

4 hours ago

Business / Business Standard/ Latest News

South Korea's information watchdog PIPC said Facebook violated the country's personal information law by sharing personal information of users with other companies without their consent..

Top headlines: Govt bans local lockdowns, HDFC Bank m-cap hits Rs 8-trn

4 hours ago

Business / Business Standard/ Latest News

HDFC Bank became the first bank in the Indian history to cross the Rs 8-trillion, Union Cabinet nod to LVB merger with DBS, and more top headlines of the day..

IBBI proposes mechanism to allow withdrawal from voluntary liquidation

4 hours ago

Business / Business Standard/ Top Stories

The process to rescind would be the same as was followed to initiate it - approval by a special resolution, passed by members or partners..

Explainer: When and how will Covid-19 vaccines become available?

4 hours ago

Business / Business Standard/ Latest News

If regulators approve any of the vaccines in coming weeks, the distribution could begin almost immediately..

India import hurdles hit Apple iPhone, Xiaomi devices from China: Report

5 hours ago

Business / Business Standard/ Top Stories

Applications to the quality control agency, the Bureau of Indian Standards (BIS), typically used to be processed within 15 days, but some are now taking up to two months or longer..

Lakshmi Vilas Bank hits the roof after cabinet OKs merger with DBS Bank

5 hours ago

Business / Business Standard/ General News

Lakshmi Vilas Bank hit an upper circuit of 5% at Rs 7.65 after the union cabinet approved the scheme of amalgamation of the cash-strapped bank with DBS Bank India...

India's crude steel output rises 0.9% to 9 MT in October: Worldsteel

5 hours ago

Business / Business Standard/ Latest News

The country had produced 8.981 MT crude steel during the same month last year..

Govt approves LVB merger with DBS, say will fix blame for lender's failure

5 hours ago

Business / Business Standard/ Top Stories

The Reserve Bank of India (RBI) took control of LVB on November 15 due to a 'serious deterioration' in its finances and temporarily capped withdrawals..

Union Cabinet approves Rs 6,000 cr infusion in NIIF debt platform

6 hours ago

Business / Business Standard/ Latest News

The move is part of the 'Aatmanirbhar Bharat 3.0' package announced earlier this month..

Jammu and Kashmir Bank Ltd leads losers in 'A' group

6 hours ago

Business / Business Standard/ General News

Inox Wind Ltd, Graphite India Ltd, Larsen & Toubro Infotech Ltd and Zensar Technologies Ltd are among the other losers in the BSE's 'A' group today, 25 November 2020...

Duchess of Sussex Meghan Markle reveals she had miscarriage in the summer

6 hours ago

Business / Business Standard/ Latest News

Meghan described the experience in an opinion piece in the New York Times on Wednesday..

JSW Cement pushes back IPO plans by two years to December 2022

6 hours ago

Business / Business Standard/ Top Stories

The company cited disruptions due to the pandemic and economic slowdown..

AUS vs IND: Ishant, Rohit's absence in Tests no concern to us, says Langer

7 hours ago

Business / Business Standard/ Latest News

Australia head coach Justin Langer has said that the likely absence of Rohit Sharma and Ishant Sharma from the first two Test of the Border-Gavaskar Trophy will have no bearing on the hosts' psyche..

Telecom shares slide

7 hours ago

Business / Business Standard/ General News

Telecom stocks were trading in the negative zone, with the S&P BSE Telecom index falling 15.41 points or 1.31% at 1164.46 at 13:47 IST...

HDFC acquires 19.95% stake in Renaissance Investment Solutions ARC

7 hours ago

Business / Business Standard/ General News

Housing Development Finance Corporation (HDFC) said that it will acquire 4,98,750 equity shares, representing 19.95% stake, of Rs 10 each of Renaissance Investment Solutions ARC...

IND vs AUS 2020-21: No room for abuse, plenty for banter, says Langer

7 hours ago

Business / Business Standard/ Latest News

Australia's head coach Justin Langer asserted that there would be no room for abuse when his team takes on India but he expects plenty of banter between the two evenly-matched sides..

Wasn't sure about playing again as I gained 23kg during pregnancy: Sania

7 hours ago

Business / Business Standard/ Latest News

Ace Indian tennis player Sania Mirza has opened up about her time during pregnancy and how she felt she could never return to the court again..

India vs Australia ODI series: Likely opening pair of Indian cricket team

7 hours ago

Business / Business Standard/ Latest News

Dhawan is India's 3rd-highest run-scorer in wins since Jan 2013 after Kohli, Rohit while Rahul has scored 808 runs in 81 innings at an average of 53.32, including 3 centuries and 5 fifties, as an open..

Millions of Americans travel for Thanksgiving, ignoring CDC guidance

8 hours ago

Business / Business Standard/ Latest News

The number of new Covid-19 cases in the United States has skyrocketed to all-time highs recently..

Lupin gains after launch of tacrolimus capsules

8 hours ago

Business / Business Standard/ General News

Shares of the drug maker added 0.61% to Rs 900.65 after the company announced the launch of tacrolimus capsules USP, 0.5 mg, 1 mg, and 5 mg, in the US market...

Bandhan Bank Ltd gains for third consecutive session

8 hours ago

Business / Business Standard/ General News

Bandhan Bank Ltd is quoting at Rs 372, up 3.69% on the day as on 12:49 IST on the NSE. The stock is down 31.62% in last one year as compared to a 8.17% spurt in NIFTY and a 6.31% spurt in the Nifty Bank index...

HDFC Asset Management Company Ltd jumps more than 2%

8 hours ago

Business / Business Standard/ General News

HDFC Asset Management Company Ltd is quoting at Rs 2524.95, up 2.13% on the day as on 12:49 IST on the NSE. The stock is down 29.45% in last one year as compared to a 8.17% gain in NIFTY and a 0.41% gain in the Nifty Financial Services index...

Zee Entertainment Enterprises Ltd stays supported

8 hours ago

Business / Business Standard/ General News

Zee Entertainment Enterprises Ltd is quoting at Rs 190.85, up 1.35% on the day as on 12:49 IST on the NSE. The stock is down 40.3% in last one year as compared to a 8.17% gain in NIFTY and a 21.36% gain in the Nifty Media index...

Tata Steel Ltd extends winning spree

8 hours ago

Business / Business Standard/ General News

Tata Steel Ltd is quoting at Rs 549.4, up 0.2% on the day as on 12:44 IST on the NSE. The stock is up 29.53% in last one year as compared to a 8.17% jump in NIFTY and a 10.65% jump in the Nifty Metal...

Amazon partners with US government agency to combat counterfeit goods

9 hours ago

Business / Business Standard/ Latest News

The joint effort will analyse data and conduct targeted inspections at US ports of entry aimed at preventing counterfeit products from entering the US supply chain...

D B Realty Ltd leads gainers in 'B' group

9 hours ago

Business / Business Standard/ General News

Cubex Tubings Ltd, Rushil Decor Ltd, Alphageo (India) Ltd and Gallantt Ispat Ltd are among the other gainers in the BSE's 'B' group today, 25 November 2020...

'East India Co.': Amazon's fight with Ambani sparks foreign vs local debate

9 hours ago

Business / Business Standard/ Top Stories

At the center of the case is Amazon's efforts to block Reliance's planned purchase of Future Group's assets..

China opposes Indian bans of its 43 mobile apps over national security

9 hours ago

Business / Business Standard/ Latest News

China resolutely opposes India's measures to ban more Chinese mobile applications over national security concerns, its embassy in the South Asian nation said..

HDFC Bank m-cap tops Rs 8-trillion; CLSA sees further upside in stock

9 hours ago

Business / Business Standard/ Top Stories

With Rs 8-trillion milestone, HDFC Bank now stands at third position in the overall market-cap ranking of listed companies..

Eicher Motors snaps 3-day gaining streak

9 hours ago

Business / Business Standard/ General News

Eicher Motors declined 2.19% to Rs 2,633.80 on profit booking after a recent rally...

Apollo Hospitals to give 1 mn coronavirus vaccines a day once available

9 hours ago

Business / Business Standard/ Latest News

Apollo Hospitals are gearing up to give one million vaccines a day once it is available across India through its hospitals, clinics, health centres, pharmacies and Apollo 24|7..

Twitter seeks public help as verification badges return in early 2021

10 hours ago

Business / Business Standard/ Latest News

Twitter on Tuesday announced to relaunch verification, including a new public application process, in early 2021..

S&P affirms Glenmark Pharmas BB- rating

10 hours ago

Business / Business Standard/ General News

The rating agency has a stable outlook on Glenmark Pharma's rating and also removed it from 'CreditWatch'...

Facebook tweaked News Feed to show more mainstream news: Report

10 hours ago

Business / Business Standard/ Latest News

Facebook made a change in its News Feed algorithm after the US presidential election, to favour top news publishers so that trustworthy and quality content can be pushed ahead on its platform..

Covid-19 vaccination: How TCI and other logistic stocks look on charts

10 hours ago

Business / Business Standard/ Latest News

India is likely to start a vaccination drive around January 2021 and is now preparing the road map for what will be perhaps the world's largest vaccination drive next year...

Lenovo ThinkBook Plus review: Regular laptop with useful e-ink cover screen

10 hours ago

Business / Business Standard/ Top Stories

The Lenovo ThinkBook Plus is not the only notebook with a dual-screen design, but it is indeed the only that lets you use the secondary screen without lifting the display lid..

Delhi AQI: Air quality in national capital deteriorates to severe category

10 hours ago

Business / Business Standard/ Latest News

Delhi's overall air quality deteriorated to the severe category from "very poor" on Wednesday morning..

BSE Auto index hits fresh 52-week high, zooms 100% from March low

11 hours ago

Business / Business Standard/ Top Stories

Mahindra & Mahindra and Motherson Sumi Systems have rallied over 200 per cent from March lows...

JSW Steel to hike stake in arm for Rs 35 cr

11 hours ago

Business / Business Standard/ General News

The steel major will acquire 1.32 crore equity shares, representing 26.45% paid up equity, of JSW Vallabh Tinplate (JSW VTPL) from the existing third party shareholders in one or more tranches for Rs 35 crore...

Biden transition, coronavirus vaccine hopes keep gold near four-month low

11 hours ago

Business / Business Standard/ Latest News

Spot gold eased 0.2% to $1,803.51 per ounce by 0327 GMT. On Tuesday, it had hit its lowest level since July 17 at $1,800.01..

Adani Green corrects on profit selling

11 hours ago

Business / Business Standard/ General News

Adani Green Energy hit a lower circuit of 5% at Rs 1144.75 as the counter witnessed profit booking after a recent steep surge...

Max Financial rises after Q2 PAT jumps 26% YoY

11 hours ago

Business / Business Standard/ General News

Max Financial Services gained 0.69% to Rs 640.35 after the company reported a 25.9% rise in consolidated net profit to Rs 81.06 crore in Q2 September 2020 from Rs 64.36 crore posted in Q2 September 2019...

New Zealand's Greg Barclay elected International Cricket Council chairman

11 hours ago

Business / Business Standard/ Latest News

Greg Barclay, an Auckland-based commercial lawyer and director of New Zealand Cricket (NZC) since 2012, has been elected as the new chairman of the International Cricket Council (ICC)..

Oil & Natural Gas Corpn Ltd Spurts 3.81%, S&P BSE Oil&Gas index Rises 1.14%

12 hours ago

Business / Business Standard/ General News

Oil & Natural Gas Corpn Ltd has added 15.85% over last one month compared to 11.99% gain in S&P BSE Oil&Gas index and 11.49% rise in the SENSEX..

For profits and taking on Netflix, Disney should consider 'R' rated weapons

12 hours ago

Business / Business Standard/ Top Stories

Streaming is the new center of gravity at the conglomerate, and so it's time to fine tune its strategy..

Ahmed Patel: The troubleshooter's departure leaves the Congress poorer

12 hours ago

Business / Business Standard/ Top Stories

It may sound like a cliche but Ahmed Patel leaves a void in the party that no one can fill..

Stocks to watch: Muthoot Finance, Sreeleathers, Tata Chemicals, banks, SBI

12 hours ago

Business / Business Standard/ Top Stories

Here's a list of stocks that may trade actively in today's session...

Tata Chemicals appoints N. Chandrasekaran as chairman of board

12 hours ago

Business / Business Standard/ General News

Chandrasekaran also chairs the boards of several group operating companies, including Tata Steel, Tata Motors, Tata Power, and TCS...

Jharkhand coronavirus update: 233 new COVID-19 cases, 2 fresh fatalities

12 hours ago

Business / Business Standard/ Latest News

Jharkhand's COVID-19 tally rose to 1,07,921 as 233 more people tested positive for the infection, a health official said..

Lockdown or no lockdown, telemedicine is here to stay, say doctors

12 hours ago

Business / Business Standard/ Latest News

Complex consultations, however, are likely to go back to in-patient visits at the clinic..

Congress veteran Ahmed Patel dies at 71 after multiple-organ failure

13 hours ago

Business / Business Standard/ Top Stories

In a statement on Twitter, his son Faisal Patel said that Ahmed Patel passed away at 3:30 am on November 25..

Nifty could hit 13,150-13,200 in the coming sessions: HDFC Securities

13 hours ago

Business / Business Standard/ Top Stories

Nifty50 index also remains above the 20-day SMA and has now closed at a new life time high after clearing the recent highs of 12,963..

Oil takes breather after coronavirus vaccine rally as stockpiles rise

13 hours ago

Business / Business Standard/ Latest News

US oil edged lower, after an industry report showed crude stockpiles in United States rose against expectations, tempering a rally driven by news that another vaccine had proved effective in trials..

One of the staunchest pillars of the Congress: Party mourns for Ahmed Patel

14 hours ago

Business / Business Standard/ Latest News

P Chidambaran, Digvijaya Singh, Abhishek Manu Singhvi and Manish Tiwari among several Congress leaders condoled the death of veteran party leader Ahmed Patel who passed away at the wee hours of Wednesday."Deeply shocked and saddened to learn that my dear friend Ahmed Patel passed away in the early hours of today. He was a friend in the truest sense, loyal to the party and his colleagues, always willing to help and always there when one needed him. Whence do we find another like him," Chidambaram said, adding he was secular to his core and, despite the majoritarian assault on his community."He refused to yield and fought bravely till the end to uphold the fundamental principles of our constitution. For two decades, he was one of the staunchest pillars of the Congress party and a trusted counsellor. He will be profoundly missed," he added.Manish Tiwari tweeted: "I first met @ahmedpatel in May of 1984. He & Oscar Fernandes were Joint Secy's in AICC & used to sit towards rear ...

Trump hails Dow Jones Industrial Average crossing record 30,000 mark

14 hours ago

Business / Business Standard/ Latest News

In a brief speech, US President Donald Trump congratulated the public on the Dow Jones Industrial Average hitting a historic record of 30,000 point..

LIVE updates: Indian Railways to resume train services in Punjab from today

15 hours ago

Business / Business Standard/ Latest News

Train services to and from Punjab had been disrupted for months due to farmers' protests on railway tracks against the new farm laws. Stay tuned for Latest LIVE news..

Bal Thackeray and Shiv Sena's launch pad, Marmik, is on a new strip

15 hours ago

Business / Business Standard/ Latest News

The magazine, which is in its diamond jubilee year, unveiled a collector's issue on November 17, ending its hiatus from the stands during the lockdown..

Why few NBFCs want to become banks despite RBI's new recommendations

15 hours ago

Business / Business Standard/ Latest News

Cost of doing business, regulatory arbitrage, customer profile key parameters..

Safe bet: Investors should look for less volatile medium-term gilt funds

15 hours ago

Business / Business Standard/ Today's Paper

However, lower liquidity in ETF could erode investors' gains..

Banks fear HTM hit, investment limits with repayment under TLTRO

15 hours ago

Business / Business Standard/ Today's Paper

The central bank had originally announced the on-tap TLTRO aggregating Rs 1 trillion in the monetary policy on October 9...

US Market hits new all-time high

16 hours ago

Business / Business Standard/ General News

At the close of trade, the Dow Jones Industrial Average index added 454.97 points, or 1.54%, to 30,046.24, hitting a new all-time high. The S&P 500 index rose 57.82 points, or 1.62%, to 3,635.41. The tech-heavy Nasdaq Composite Index climbed up 156.15 points, or 1.31%, to 12,036.78...

Nifty50 climbs Mount 13,000 on Covid-19 vaccine hope; Sensex rises 446 pts

17 hours ago

Business / Business Standard/ Top Stories

The Nifty ended at 13,055 following a gain of 128 points, or 1 per cent..

Joe Biden says US 'ready to lead' again, vows to work with allies

18 hours ago

Business / Business Standard/ Top Stories

The Democratic former vice president signaled that he intends to steer the United States away from the "America First" nationalism pursued by Trump after taking office on Jan. 20..

Rally 2.0 underway for emerging markets as stocks add $8 trillion

19 hours ago

Business / Business Standard/ Top Stories

Investors' risk appetite got a boost after Joe Biden's US presidential win and successes in vaccine development, pushing the benchmark MSCI gauge toward its best month since March 2016..

Israeli PM Benjamin Netanyahu, UAE leader nominated for Nobel Peace Prize

19 hours ago

Business / Business Standard/ Today's Paper

Under the rules of the Nobel Prize Committee, a nomination made by a recipient must be discussed, his office said...

Dow cracks 30,000, a psychological boost during Covid-19 pandemic

20 hours ago

Business / Business Standard/ Top Stories

At 30,000 points the Dow could lure in small investors still on the sidelines who are now eager to share in the market exuberance..

Gold drops to 4-month low on Covid vaccine hope, signs of economic recovery

20 hours ago

Business / Business Standard/ Top Stories

Gold prices have posted two straight weekly declines and holdings in exchange-traded funds backed by the metal have slipped as hopes for a virus vaccine buoyed markets..

And then there were none

20 hours ago

Business / Business Standard/ Latest News

For Jet's revival, Mr Jalan should be on the scene long enough for everyone to get to know him, appreciate his skills, and not vanish into thin air within a matter of months or even weeks..

Farm groups to march to Delhi on 26 Nov as Centre invites leaders for talks

20 hours ago

Business / Business Standard/ Latest News

The farmers' protest will continue indefinitely if the central government does not accede to their demands..

Now for a plan

21 hours ago

Business / Business Standard/ Latest News

State govts would play a critical role in vaccine distribution..

Cyclone Nirvar: NCMC reviews preparedness, assues aid to TN, AP, Puducherry

21 hours ago

Business / Business Standard/ Latest News

The chief of the NDRF said so far 30 teams of the force have been deployed in the three states, while 20 more teams have been kept on standby for immediate deployment..

Delhi is India's fastest-growing hotspot for luxury homes, shows report

21 hours ago

Business / Business Standard/ Latest News

Auckland in the Australasia region topped the global index with 12.9 per cent price appreciation in the July-September quarter, compared to the same period last year..

Pennsylvania certifies election results; declares Joe Biden the winner

21 hours ago

Business / Business Standard/ Latest News

Pennsylvania Governor Tom Wolf said that he has signed the certificate of ascertainment for the slate of electors for Biden and Harris..

Atmanirbhar 3.0: Cabinet to consider equity infusion of Rs 6k cr into NIIF

21 hours ago

Business / Business Standard/ Top Stories

According to sources, the fund infusion would be made into the infra debt fund and infra finance company floated by the quasi-sovereign wealth fund..

Pent-up demand behind improved economic activity, may not sustain: Icra

22 hours ago

Business / Business Standard/ Top Stories

The pick up in economic activity in October is the result of pent-up demand and may not sustain going ahead, domestic ratings agency Icra said on Tuesday...

Hopefully DCGI to give nod for Oxford's vaccine immediately: Biocon chief

22 hours ago

Business / Business Standard/ Latest News

India saw 37,975 new coronavirus infections in a day taking the country's Covid-19 caseload to 91.77 lakh..

Now, you can 'subscribe' to a Maruti Suzuki car in Mumbai, 3 other cities

22 hours ago

Business / Business Standard/ Latest News

The company had earlier launched its 'Maruti Suzuki Subscribe' in cities like Delhi-NCR, Bangalore, Hyderabad, and Pune..

AAP claims North MCD to propose hike in property tax, BJP refutes charges

23 hours ago

Business / Business Standard/ Latest News

AAP spokesperson Saurabh Bhardwaj claimed that BJP-ruled municipal corporations are forgoing parking fee collected in its municipal areas from contractors..