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Page 13 - BS Premium

India opposes ADB's $800 million aid to Pakistan, flags misuse concerns

India has raised strong objections to ADB's financial aid to Pakistan, citing concerns over cross-border terrorism, high defence spend, weak reforms, and governance risks

India opposes ADB's $800 million aid to Pakistan, flags misuse concerns
Updated On : 04 Jun 2025 | 11:50 PM IST

Over ₹12,000 crore bond sweep by firms ahead of RBI policy verdict

Indian firms including Vedanta, Jubilant and HUDCO raised over Rs 12,000 crore from bonds ahead of the RBI's expected 25 bps repo rate cut, with strong demand from mutual funds

Over ₹12,000 crore bond sweep by firms ahead of RBI policy verdict
Updated On : 04 Jun 2025 | 11:46 PM IST

Hooked on plastic: A timely probe into the brands and greenwashing

The book ends with a useful section titled FAQs, where the author addresses basic but important questions that many do not have reliable answers to

Hooked on plastic: A timely probe into the brands and greenwashing
Updated On : 04 Jun 2025 | 11:45 PM IST

Rising US debt and yields threaten global growth, will keep market on edge

The yield on the 30-year US government bond recently crossed the psychological 5 per cent mark. The yield on 10-year US government bonds has also inched up

Rising US debt and yields threaten global growth, will keep market on edge
Updated On : 04 Jun 2025 | 11:39 PM IST

Shortage of ₹100, ₹200 notes may delay RBI's ATM target, say banks

Cash logistics firms and banks cite note supply and operational costs as key concerns in meeting RBI's target for ATMs dispensing ₹100 or ₹200 notes by September 2025

Shortage of ₹100, ₹200 notes may delay RBI's ATM target, say banks
Updated On : 04 Jun 2025 | 11:26 PM IST

Funding in climate-tech startups cools but VCs signal a greener future

Funding in India's climate-tech startups fell from $2.4 billion in 2022 to $1.5 billion in 2024, with capital needs, scale issues and slow adoption posing key challenges

Funding in climate-tech startups cools but VCs signal a greener future
Updated On : 04 Jun 2025 | 11:22 PM IST

RBI's cautious stance could cost growth, bold rate cuts need of the hour

Given the long lags in monetary policy's impact on the real economy, too much caution could prove unnecessarily costly

RBI's cautious stance could cost growth, bold rate cuts need of the hour
Updated On : 04 Jun 2025 | 11:20 PM IST

Bangladesh unrest cuts India's medical tourism revenue by up to 35%

India sees sharp fall in Bangladeshi medical tourists in FY25 as regime change and visa curbs hurt Apollo and Manipal revenues; recovery expected only by FY26

Bangladesh unrest cuts India's medical tourism revenue by up to 35%
Updated On : 04 Jun 2025 | 11:20 PM IST

Art of giving: Bill Gates has reset billionaire philanthropy standards

The chosen year, 2045, is noteworthy. That is year his foundation plans to end operations. It is also year that Mr Gates will turn 90 and his personal wealth is expected to touch $200 bn

Art of giving: Bill Gates has reset billionaire philanthropy standards
Updated On : 04 Jun 2025 | 11:08 PM IST

India-US trade deal hopes rise but the reliability part remains in doubt

While it is essential that the government do its best to avoid being hit with high tariffs, it should also keep in mind that any deal with the US is subject to the vagaries of its leadership

India-US trade deal hopes rise but the reliability part remains in doubt
Updated On : 04 Jun 2025 | 11:05 PM IST

Adani Airports raises $750 mn from global banks to finance expansion

External commercial borrowings will be used to refinance debt and improve six airports as company seeks to triple passenger capacity by 2040

Adani Airports raises $750 mn from global banks to finance expansion
Updated On : 04 Jun 2025 | 11:04 PM IST

Classic Legends targets FY26 profitability with new launches, expansion

Classic Legends is betting big on product innovation, network expansion, and exports to achieve profit before tax (PBT)-level profitability by FY26, said a senior company executive

Classic Legends targets FY26 profitability with new launches, expansion
Updated On : 04 Jun 2025 | 11:00 PM IST

IndiaAI Mission: Large IT, AI firms may not get govt nod to make LLMs

Meity says these firms can obtain GPUs on their own

IndiaAI Mission: Large IT, AI firms may not get govt nod to make LLMs
Updated On : 05 Jun 2025 | 12:05 AM IST

CA Basque loses right to nominate director on bank's board, says Yes Bank

Carlyle affiliate trims Yes Bank stake to 4.22% via ₹1,774.89 crore block deals and loses board nomination right; senior resignations and strategic restructuring continue

CA Basque loses right to nominate director on bank's board, says Yes Bank
Updated On : 04 Jun 2025 | 10:40 PM IST

CAQM mandates only CNG, electric vehicles for e-commerce fleets in NCR

From January 2026, no petrol or diesel vehicles can be added to aggregator fleets in NCR, with CAQM pushing for faster transition to clean mobility options

CAQM mandates only CNG, electric vehicles for e-commerce fleets in NCR
Updated On : 04 Jun 2025 | 10:30 PM IST

Moody's review meet with govt to focus on global trade, Indo-Pak conflict

Moody's will meet Indian officials on Thursday in Delhi for its semi-annual review of India's sovereign rating amid rising geopolitical tension and trade disruption

Moody's review meet with govt to focus on global trade, Indo-Pak conflict
Updated On : 04 Jun 2025 | 9:00 PM IST

Virat Kohli gets elusive silverware, IPL champion RCB bags brand title

RCB's first IPL title adds brand momentum but experts say Kohli's brand value remains unchanged while PBKS under Iyer emerge as a serious branding contender

Virat Kohli gets elusive silverware, IPL champion RCB bags brand title
Updated On : 04 Jun 2025 | 8:10 PM IST

Wipro pays out 90% quarterly variable pay to most of its employees

That is significantly higher than cross town rival Infosys whose variable pay for the same period was about 65 per cent due to a muted business environment

Wipro pays out 90% quarterly variable pay to most of its employees
Updated On : 04 Jun 2025 | 6:12 PM IST

Snowflake to set up R&D centre in India, expand operations in Pune

Cloud data firm Snowflake plans to open an R&D centre in India alongside its Pune CoE as part of its larger push to grow local talent and enterprise technology capability

Snowflake to set up R&D centre in India, expand operations in Pune
Updated On : 04 Jun 2025 | 5:41 PM IST

VC firm Seafund eyes up to 25 deep-tech investments, aims for follow-up too

The investments will be made over the next two to three years as part of the firm's second fund, a Category-II AIF (alternate investment fund)

VC firm Seafund eyes up to 25 deep-tech investments, aims for follow-up too
Updated On : 04 Jun 2025 | 5:14 PM IST