Business Standard

Nepal has sought advance import approvals from India after flash floods cut 550 MW of generation capacity; officials see minimal impact on India's domestic supplies

Perched on top of SpaceX's powerful Falcon Heavy rocket, Nasa's Nancy Grace Roman Space Telescope is slated to lift off at 7:26 a.m. local time from Cape Canaveral, Florida

A Parliamentary panel has suggested establishing dedicated benches or verticals for insolvency cases at the National Company Law Tribunal (NCLT) to expedite disposal of such matters as well as ensure that the tribunal gives equal attention for cases under the companies law. Apart from the principal bench and the New Delhi bench, NCLT has benches in Allahabad, Ahmedabad, Bengaluru, Chandigarh, Chennai, Cuttack, Hyderabad, Indore, Kolkata, Kochi, and Mumbai. The recommendations are part of a repor

Supreme Court judge Ujjal Bhuyan on Sunday said that students expressing a different point of view or asking questions cannot be threatened with punitive action, as such an approach is unconstitutional and a misuse of power. Justice Bhuyan said a university should be a place where established positions can be examined and questioned and disagreements are not met with hostility. A university should be where the habit of thinking freely begins, and a student does not hesitate to ask difficult ques

The announcement on Saturday that Jagdishan - a three-decade HDFC Bank veteran - won't seek reappointment puts to rest months of speculation that he was eyeing an extension

India is committed to conclude negotiations for a comprehensive trade agreement with Chile this year as it would help further strengthen economic ties between the two countries, the commerce ministry said on Sunday. Commerce Secretary Rajesh Agarwal was there in Santiago, Chile to review the progress of the talks. The proposed comprehensive economic partnership agreement (CEPA) is expected to open new avenues for greater trade and investment, while fostering cooperation in technology, talent and

The Insolvency Appellate Tribunal NCLAT has affirmed the clean slate principle under the Insolvency and Bankruptcy Code (IBC), which bars any attempt to reestablish pre-resolution shareholders' rights, and rejected the claims of a shareholder of Sintex Industries. A two-member NCLAT bench dismissed the appeal by a Kerala-based investor seeking around Rs 110 crore in compensation for 1,35,000 equity shares of Sintex Industries Ltd (SIL) that were extinguished under the company's insolvency resolu

A Parliamentary Committee has recommended timely and continuous filling of vacancies in the judicial, registry, and support cadres of the Income Tax Appellate Tribunal, stating that staff shortages adversely impact hearing schedules and overall case disposal. The Standing Committee on Law and Personnel, in its report on the functioning of tribunals in the country, said the Income Tax Appellate Tribunal (ITAT), which was set up in 1941 and often regarded as the 'mother tribunal', has a sanctioned

Argentina snapped co-host the Netherlands' dream run of four consecutive women's FIH World Cup titles by winning the crown, defeating the Dutch side 3-1 in penalty shoot-out after both the teams were locked 1-1 at end of the regulation time here on Saturday. Argentina, thus, avenged their last World Cup and Tokyo Olympics final defeat to win their third title. The first goal was scored in the 30th minute by Netherlands Yibbi Jansen, considered the world's number one drag-flicker. Argentina recei

Suryakumar was subsequently left out of India's T20I squad for the United Kingdom tour, which featured matches against Ireland and England

Novak Djokovic never likes to get eliminated early in a tournament. In this case, he is looking on the bright side. The 39-year-old who holds the record with 24 Grand Slam titles goes into the U.S. Open fresh off losing his first match at the Cincinnati Open earlier this month. That was his first action since Wimbledon, but he is at peace with the outcome. It gave me time to be preparing for U.S. Open in a most adequate way, Djokovic said Saturday. I had almost few weeks, actually two weeks, to

The US also plans to secure preferential rights to purchase 20% of the company's production at cost

Warsh used a keynote speech to hammer home a message that curbing inflation is the central bank's top priority

Israel's prime minister has spoken out after weeks of settler violence in the occupied West Bank and condemned the actions of a handful of rioters. Israeli strikes and fire have killed three Palestinians in Gaza. And Iran's leadership now centres on military generals and clerics who are long entrenched in the ruling theocracy. Here's a look at the latest developments in the Iran war and the wider Middle East. Full coverage can be found here. Netanyahu condemnation follows unrest in West Bank tow

China on Saturday offered emergency financial assistance and aid to Nepal, which has been devastated by flash floods that have killed more than 650 people, and nearly 2,400 people remained missing. Chinese Foreign Minister Wang Yi on Saturday spoke to his Nepalese counterpart Shisir Khanal to convey Beijing's decision to provide the assistance package to Nepal to deal with Wednesday's flash floods at the Tibet-Nepal border. Wang told Khanal that this was the most serious cross-border disaster in

The Finance Ministry will begin the exercise to prepare the Union Budget for 2027-28 from October 12 amid heightened global uncertainties and rising food and fuel prices. The Budget for the next financial year is expected to focus on the reform continuation exercise to further accelerate economic growth, along with measures to create jobs and boost domestic demand. Pre-budget meetings chaired by Secretary (Expenditure) shall commence from October 12, 2026. Financial Advisers shall ensure that ne

Canara Bank, Union Bank of India and LIC Housing Finance are moving NCLAT against the NCLT's approval of Subhash Chandra's repayment plan

CJI Kant said the global shift towards clean energy must account for the differing circumstances of countries and ensure that the burden of transition is distributed fairly

Jio Platforms, a subsidiary of Reliance Industries, has received an observation letter from the Securities and Exchange Board of India (SEBI) for its Draft Red Herring Prospectus (DRHP) for the proposed initial public offering (IPO).

IThe Iranian Supreme Leader stressed that the key to addressing Iran's economic challenges lies in relying on domestic production

The plan represents an unparalleled modern-day intervention into another country's economy, harkening back to British government control of Iran's oilfields

Finance Ministry kicks off the FY28 Budget exercise, seeking realistic projections as rising subsidy costs and the West Asia crisis put pressure on government finances

US District Judge rejected immigrant rights advocates' request to temporarily halt Trump's latest order limiting eligibility for birthright citizenship.

The answer keys for the UGC National Eligibility Test (NET) were announced on Friday, the National Testing Agency said. The Final Answer Keys of UGC-NET 2026 have been officially released for 84 subjects, the agency said in a post on X. The National Testing Agency (NTA) had ordered fresh examinations for candidates who appeared for the English, Commerce and Sociology papers in June this year after an expert committee found factual, typographical, translation and language-related errors in the qu

State regulator cites alleged packaging, inventory and storage violations at Cipla's Pune C&F warehouse; company challenges order, says matter is sub judice

Chief Justice of India Surya Kant on Friday said courts must search for solutions that protect the environment without losing sight of the legitimate needs of development. Speaking at the high-level Commonwealth Policy Dialogue on Climate Justice organised by the Commonwealth of Nations and the Commonwealth Legal Education Association (CLEA) at the Commonwealth Secretariat in Marlborough House in London, CJI Kant said both environment and development need not always be cast as choices in which o

To reduce traffic congestion, the Delhi government plans to hire a private consultant to construct an approximately 61-kilometre elevated corridor along the Najafgarh drain, connecting Wazirabad to North Delhi, officials said on Friday. The government announced the project in February this year. Now the Public Works Department (PWD) plans to hire a consultant to conduct a feasibility study and prepare a project plan. The stretch is heavily congested due to a mix of slow-moving vehicles and cross

On 28 August 2026

Friday's selling wiped out most of the net FPI inflows recorded in August, reducing net buying to 454 crore; DIIs purchased equities worth 5,184 crore

With estimated gross development value of Rs 1330 cr

Markets expect Fed will boost borrowing costs in December as inflation remains elevated, while a sharp rise in bond yields indicates that investors are also pricing in some chance of a September move

Coforge, TCS and Infosys gain as Nvidia's strong quarterly results ease concerns over AI spending, though analysts remain cautious about the sector's long-term outlook

At issue is whether he can maintain his less-is-better approach to monetary policy communications or feels compelled to provide at least a rough roadmap of how he views elevated inflation

The Centre has appointed two directors and a joint director to the National Testing Agency (NTA), which has been facing flak for issues related to the National Eligibility cum Entrance Test (NEET) paper leak, among other concerns. Ravi Kumar Singh (Indian Police Service officer) and Prasanna Venkatesh V, an Indian Administrative Service (IAS) officer, have been appointed as directors in the NTA, according to separate orders dated August 27, issued by the personnel ministry. Amit Samdariya, a 201

Bharti Airtel led the industry's July mobile subscriber growth with 26.8 lakh net additions, while India's largest telecom operator Reliance Jio, gained 24.4 lakh new users, sector regulator TRAI's monthly subscription data showed on Friday. Vodafone Idea, too, added mobile users -- its net adds stood at 2.4 lakh for July. State-owned Bharat Sanchar Nigam Ltd (BSNL) posted an increase of 1.68 lakh wireless subscribers during the month. During July 2026, the Indian wireless market expanded by 55.

Sales rise 10.78% to Rs 34212.00 crore

The offer received bids for 5.18 crore shares as against 1.76 crore shares on offer.

India's forex reserves jumped USD 12.422 billion to a new all-time high of USD 729.328 billion during the week ended August 21, the RBI said on Friday. In the previous reporting week, the kitty had increased USD 9.905 billion to USD 716.907 billion. The previous all-time high had stood at USD 728.494 billion was attained during the week ended February 27 this year, right before the onset of the Middle East conflict. Geopolitical tensions led to several weeks of a drop as the rupee and the RBI ha

Index of Industrial Production (IIP) data showed that the IIP growth rate for the month of July 2026 is 6.7 percent which was 7.3 percent (Quick Estimate) in the month of June 2026. The growth rates of the sectors, Mining & Quarrying, Manufacturing, Electricity & Gas Supply and Water Supply, Sewerage & Waste Management for the month of July 2026 are (-) 0.9 percent, 7.3 percent, 8.7 percent and 7.4 percent respectively. The Quick Estimate of IIP stands at 124.8 against 117.0 in July 2025.

The Nikkei 225 rose 0.41% to 66,405, while the broader Topix gained 0.72% to 4,147. Japans unemployment rate fell to 2.4% in July, its lowest level in a year, while Tokyos inflation rate picked up to a five-month high in August.

Immigration authorities warn colleges of action over improper work approvals, potentially affecting Indians seeking jobs while studying

Jio Platforms' IPO will comprise a fresh issue of up to 270 million shares with a face value of 10 each, with the price to be set through book-building

Average spending per card continues to face downward pressure as the pace of card issuance outpaces aggregate transaction volume growth

A medium-range, man-portable, shoulder-launched missile, the Javelin is designed to engage tanks, other armoured systems and bunkers

India has sealed a deal with the US to procure Javelin anti-tank guided missile systems to bolster the Indian Army's combat prowess. US Ambassador Sergio Gor said the agreement reflects a bilateral defence partnership that is growing deeper, more capable, and more consequential. It is not immediately known the number of Javelin anti-tank guided missile systems India is procuring or the overall cost of the procurement. The United States welcomes the Indian Army's signing of a Letter of Offer and

Just Dial shares rose on high volume, trading at about 2.2 times the 30-day average volume. The stock also crossed its 50-day simple moving average, signalling improved near-term price momentum.

Those unable to complete digital life certificate verification can use alternative routes through banks, authorised agents or Indian missions

Advent International and Blackstone-backed Aster DM Quality Care are in discussions to acquire a controlling stake in Yatharth Hospital.

Delhi NCR [India], August 28: Gaurs Group, one of India's leading real estate developers, announced the expansion of its strategic partnership with Seaform Germany, a European manufacturer of premium modular kitchens and wardrobe solutions. Valued at Rs. 150 crore, the expanded association will extend Seaform's solutions across Gaurs Group's under-development and forthcoming residential projects, covering more than 10,000 premium kitchens in a period of 5 years.

Tejas Networks jumped 8.49% to Rs 554.20 after the company received a Letter of Intent (LoI) from Tata Consultancy Services (TCS) for the supply of equipment for BSNL's 4G mobile network.