Page 40 - Latest News

Zomato share bleeds 5% as Jefferies downgrades to 'Hold', slashes target

Zomato's share price dropped after Jefferies, a financial services firm based in New York, downgraded the stock to 'Hold'

Temasek nears deal to buy 10% stake in Haldiram's at $10 billion valuation

Both the Agrawal family and Temasek have signed a term sheet for a stake sale by the Agrawal family

Indo Farm shares up 27%; Standard Glass Day 2 sees 34.8x subscription

Capital Infra Trust Invit subscribed 39% on first day

Best of BS Opinion: Rethinking challenges on India's path forward

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

Exim Bank India raises $1 billion from overseas via 10-year bonds

Exim Bank provides financial assistance to exporters and importers

HMPV scare: Centre asks states to enhance surveillance, create awareness

Seven HMPV cases detected in India; health secretary says country prepared for any potential surge in respiratory illness cases

FY25 GDP growth of 6.4% underwhelms, but are there silver linings?

Headline growth was quite weak heading into the Covid period but averaged 6.4 per cent and 6.7 per cent in the five years between FY16 and FY20 for GVA and GDP, respectively

Govt's fiscal deficit target in reach despite lower GDP estimate

The Budget had assumed nominal GDP to grow 10.5 per cent for FY25

CS Setty, Uday Kotak nominated as governing council members of NIIFTL

Finance minister Nirmala Sitharaman is the chairperson of the six member council and secretaries of department of economic affairs and financial services are the other members

Farm sector holds out amid headwinds: NSO's 1st advance estimates for FY25

Strong monsoon, robust kharif output drive growth, boosting agri GVA

Trump declines to rule out military action to take Panama Canal, Greenland

He reiterated his interest in making Canada into a US state and criticized American spending on Canadian goods and military support for Canada, one of the country's closest allies

Ministry of Heavy Industries backs Siam for GST cut on CNG two-wheelers

Petroleum ministry pushes for car tax reduction

India expresses condolences over loss of life, property in Tibet earthquake

Interestingly, India's message of condolences did not mention China

State Bank of India appoints Baldev Prakash as group chief risk officer

Earlier, Prakash was on deputation to Jammu and Kashmir Bank as managing director and chief executive officer, whose three-year term ended in December

Fintech sector voices concerns amid regulatory fears in meeting with FinMin

The fintech sector has expressed its concerns about declining investments, particularly from abroad, as the narrative around this sector has become less positive

Consumption jump, slower capex likely in FY25: NSO's 1st advance estimates

Rural spending may drive consumption growth, while capex may moderate amid fiscal constraints

Biocon Biologics marks one year as global biosimilars enterprise

It is targeting a $100 m inventory improvement by March

Banks' profitability likely to moderate in FY26, says India Ratings

Estimates 13.5% loan growth in FY25

FinMin to review flagship schemes with PSB chiefs ahead of Budget

The meeting aims to review the progress of various financial inclusion schemes and discuss future funding requirements in light of the upcoming Budget

Advik to acquire German braking system manufacturer Powersports MTG

The acquisition will create additional expertise for Advik in premium motorcycle safety components, which will also drive technologies in the large segment of ICE