Page 106 - Latest News

Centre to launch revised standards for organic agricultural products

India's export of organic products is regulated under the NPOP, which has been in effect since 2001 and is administered by the Department of Commerce, Ministry of Commerce and Industry

Centre extends additional subsidy on DAP, costing up to Rs 3,850 crore

Chouhan says NCEL enters into agreement with Indonesia to supply 1 million tonnes of non-basmati white rice

MSME bodies seek audit exemption for firms below Rs 5 crore turnover

In budget recommendations, FISME emphasised that SMA framework should go beyond merely identifying stressed accounts and halting banking operations to include guidelines for reviving these accounts

Karur Vysya Bank's Q3 FY25 business rises 15% to Rs 1.82 trillion

The lender's advances increased by 13.96 per cent Y-o-Y to Rs 82,842 crore, while deposits grew by 15.75 per cent Y-o-Y to Rs 99,155 crore as of the end of December 2024

NSO seeks private firms to conduct socio-economic sample surveys

By partnering with private agencies, the NSO seeks to tap into additional expertise and resources, enabling more efficient survey execution

UPI transactions surge to record 16.73 bn in Dec; value at Rs 23.25 trn

Interestingly, for the entire 2024, the volume increased by 46 per cent to around 172 billion transactions, compared to 118 billion in 2023

VFS Capital seeks small finance bank licence from RBI under 'on-tap' scheme

VFS provides loans to individual female members mainly from rural areas in a joint liability group (JLG) with each group consisting of five members

India's power consumption increases nearly 6% to 130.40 bn units in Dec

The peak power demand touched an all-time high of about 250 GW in May 2024. The previous all-time high peak power demand of 243.27 GW was recorded in September 2023

Credit growth to NBFCs declines to 7.8% in November, shows RBI data

Retail credit growth also declined to 16.3% due to drop in personal and vehicle loans, and rise in credit card outstanding

India's economic challenges in 2025: Reforms key to sustained growth

To achieve Viksit Bharat, India must tackle slowing growth and global headwinds

Limited product possibilities in MF Lite as Sebi sets AUM criteria

For indices that serve as primary benchmarks for active schemes, the AUM of these active schemes will also be included

Strong demand outlook to benefit Mumbai-based real estate players

For the nine-month period (April to December 2024), 1.04 lakh units were registered. This was 9 per cent more on a Y-o-Y basis and was valued at Rs 1.56 trillion

Best of BS Opinion: Fiscal dilemmas, digital divides, and strategy

Here are the best of Business Standard's opinion pieces for today

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

ITC's spunoff unit to remain part of Sensex, Nifty for 3 days post-listing to help index funds navigate change

57% schools have functional computers, 53% have internet access: Govt

While over 90 per cent of schools are equipped with basic amenities such as electricity and gender-specific toilets, advanced facilities like functional desktop, Internet access, and ramps

Putin asks Russian govt, top bank to develop AI cooperation with China

Putin's instructions were published on the Kremlin's website on Wednesday, three weeks after he announced that Russia would team up with Brics partners and other countries to develop AI

Indices begin 2025 with gains, marking 7th consecutive first-session rise

Markets are expected to remain subdued at the beginning of 2025, facing headwinds from expensive valuations, structural issues in domestic consumption demand

Delhi air quality deteriorates, records most 'severe' AQI days since 2022

Adding to the alarming scenario, Delhi did not record a single day of "Good" air quality (AQI 0-50) throughout 2024

Debt-equity mix in NPS fund: Base it on risk appetite, not past returns

The equity market showed remarkable strength, with the Sensex delivering 8.7 per cent year-to-date, while the mid-cap and small-cap indices returned 26.7 per cent and 30.6 per cent, respectively

IMD says 2024 warmest year in India since 1901; China also heating up

The annual mean temperature in 2024 was 25.75 degrees Celsius, 0.65 degrees above the long-period average, which too was highest since 1901