Page 2 - Video Gallery

What were RIL's hits and misses in Q1? D-Street analysts decode

The oil-to-telecom behemoth Reliance Industries posted its June quarter numbers on July 23. Business Standard spoke to some of the D-Street analysts to understand the conglomerate's diverse businesses and how they fared in Q1! Watch the video for more

Market Outlook: Is Dalal Street heading towards a deeper correction?

Investors are dumping equities for gold and bond as a spurt in Covid-19 cases and sticky inflation threaten to derail economic growth. Will the correction continue? Watch this video to know more

Can hike in Dearness Allowance boost consumer spending?

Union Minister Anurag Thakur on July 14, 2021 announced hike in Dearness Allowance from 17 per cent earlier to 28 per cent for government employees and pensioners w.e.f. July. This will increase the take-home salary while pensioners will also get additional support. But will it result in higher spending? Let's find out

RBI Governor: Hasty withdrawal of accommodative policy will hurt nascent growth

From inflation to the impact of the US Federal Reserve's decisions on India, RBI Governor Shaktikanta Das touched upon a myriad of topics in an exclusive interview with Business Standard. Watch this video for the key highlights of the interview. Find the full interview link here: https://mybs.in/2Zfqvl7

Mukesh Ambani unveils 'New Reliance': Key announcements, road ahead for RIL

Reliance Industries Ltd on Thursday announced a Rs 75,000 crore investment in new energy business over the next three years as the operator of the world's largest oil refinery pivots towards a greener and cleaner version. In another big announcement, Reliance Industries Chairman Mukesh Ambani said Jio and Google have jointly developed a power-packed and affordable smartphone 'JioPhone Next', which will be available in the market from September 10. Ambani promised that JioPhone Next will be the most affordable smartphone not just in India but globally. Watch this video for key announcements and road ahead for the company from our experts.

Covid impact on income: Over 22 million lost their jobs in just 2 months

Over 22 million Indians lost their jobs in the months of April across the country due to the second wave of Covid-19. Watch Mahesh Vyas, Head, Centre for Monitoring Indian Economy, talk about the impact of coronavirus pandemic on the livelihood of citizens in this video

2020-21 darkest year in four decades: Chidambaram on economy, growth

Congress leader P Chidambaram said that most Indians are poorer than they were two years ago with most economic indicators being worse for the period. He said that 2020-21 has been "the darkest year of the economy in four decades". Watch the video for his statement on economy.

BS Views of the Week: Why BJP gaining foothold in the East is seismic shift in India's politics

From why Narendra Modi keeps winning elections despite not delivering on promises made on the economy to why vaccines and masks are a better bet than another lockdown, here's what Business Standard columnists wrote this week.

Small savings, big impact: Reversal drama, poll and economy risks explained

In a jolt to savers, the Finance Ministry had on March 31 reduced interest rate by up to 1.1 per cent across various small savings schemes, including the National Savings Certificates (NSC) and Public Provident Fund (PPF). However, Finance Minister Nirmala Sitharaman on April 1 said the government will withdraw orders to cut the interest rate on small savings schemes and assured to restore the rates to the last quarter of the financial year ending on March 31. The Opposition hit out at the government saying one can imagine the functioning of the economy when such duly approved order affecting crores of people can be issued by an "oversight". But why is small savings so important? In this video, Business Standard's Subhomoy Bhattacharjee talks about the importance of small savings in the context of the rate of interest and the public perception.

GST collection data for FY20, FY21: A sign of recovery?

Goods and services tax collection surpassed the Rs 1 trillion mark for the fifth consecutive month, touching Rs 1.13 trillion in February. The government attributed the robust mop-up to closer monitoring against fake billing, deep data analytics using data from multiple sources, including GST, income tax and Customs IT systems, and effective tax administration. Watch the video for the month-wise GST collection data for the financial year 2019-20 and 2020-21.

BS Views of the Week: Inclusion of petrol and diesel under GST can be problematic

From why the Indian economy has surprised analysts and investors with its quick recovery to Prime Minister Narendra Modi's critique of the practice of appointing bureaucrats to head public sector undertakings, here is what Business Standard columnists wrote this week.

Equalisation levy: Objective, Budget proposal and impact

The provision of an equalisation levy has rattled the Industry. Many businesses are planning to move court over the changes proposed in the Budget. In an exclusive interview with Business Standard’s Dilasha Seth, former CBDT member Akhilesh Ranjan, who was instrumental in the introduction of equalisation levy in 2016, explain in detail the objective of the levy and why it is needed. Watch the video.

N K Singh's exclusive interview: 15th FinComm chief on cess, surcharge, GST

Fifteenth Finance Commission chairman N K Singh does not believe that the Centre-state relations over the issues of cess, surcharge and GST have worsened. In an exclusive interview with Business Standard’s Dilasha Seth and Indivjal Dhasmana, he speaks on various issues ranging from souring Centre-state relations, tax devolution to states to GST revenue shortfall. Watch the video for his full interview.

Disinvestment is a political call: Making sense of PM Modi's 'Babu culture' comment

Last week Prime Minister Narendra Modi in Parliament pitched for a bigger role for the private sector in the economy and also questioned the "power centre we have created by handing over everything to babus”. But, who is responsible for it? Should the political masters take the blame that government still runs fertiliser companies or Air India or should be civil service take the blame? Business Standard's Subhomoy Bhattacharjee explains in details the reasons behind successive governments holding on to the management of public sector companies and the way forward. Watch the video.

National Bad Bank: What it is and how it will work

Amid calls for the formation of a bad bank, Finance Minister Nirmala Sitharaman proposed the creation of the special vehicle to house the bad debt in the Union Budget announced last week. Creation of a special vehicle to house banks' sour debts was welcomed by the majority in the industry as a move which will help state-owned lenders in conserving capital which has to be otherwise set aside as provisions. But, what is National Bad Bank and how it will work? Business Standard's Abhijit Lele explains the government's idea in detail. Watch the video for more.

Retail Direct: RBI gives retail investors direct access to G-sec market

The Reserve Bank of India (RBI) has decided to give retail investors direct access to the government securities market. The major structural reform was announced by RBI Governor Shaktikanta Das on Friday. According to Das, India will join a select group of countries offering such facility to investors. The new arrangement, Retail Direct, will allow direct access to retail investors via the RBI. This will allow such investors to open Gilt account with the apex bank.

RBI holds interest rates steady at record lows as economic outlook improves

The Reserve Bank of India (RBI) kept its policy repo rate unchanged at 4 per cent and reverse repo rate at 3.35 per cent, and promised an accommodative stance as long as necessary to revive growth and come out of the Covid-19 induced stress. The central bank said it will restore the cash-reserve ratio (CRR) to its normal levels in two phases, 3.5 per cent (from 3 per cent now) effective March 27, and then at 4 per cent from May.

RBI Monetary Policy: Resident individuals can make remittances to IFCs

RBI Monetary Policy: The Reserve Bank has announced that resident individuals can make remittances to international finance centres for purposes of investing in securities issued by non-resident companies. Watch the video.

HTM limits would be restored in a phased manner from quarter ending June 2023: RBI

SLR holdings in HTM category: The RBI said in order to provide certainty to the market participants in the context of the borrowing programme of the centre and states for 2021-22, it has now been decided to extend the dispensation of enhanced HTM of 22 percent up to March 31, 2023, to include securities acquired between April 1, 2021 and March 31, 2022.

RBI Monetary Policy: Key highlights of Governor Shaktikanta Das's speech

The Reserve Bank of India (RBI) kept rates steady at record low levels as widely expected on Friday and reiterated that it will continue to support the recovering economy by ensuring ample rupee liquidity in the banking system. Here are the important announcements that RBI Governor Shaktikanta Das made during his policy speech.