Business Standard

Indian IT firms have sharply reduced PERM filings and expanded local hiring in the US, with analysts expecting a limited industry impact from the programme's suspension

Scindia says Jio, OneWeb and Starlink have licences, with operations subject to security compliance and spectrum charges, amid Elon Musk's allegations of entry barriers

Kolkata (West Bengal) [India], October 9: SPRODE INDIA has introduced RAYLITH, a high-contrast Vision Amplification Screen specially designed for compatible RGB laser projectors, including the JMGO N3 Ultimate. The screen combines multilayer reflective Fresnel optics, a speckle-reduction design and a flexible optical surface with a foldable fixed frame. Its Indian-market MRP is 1,25,000.

HDFC Bank, ICICI Bank and SBI saw their market capitalisation decline in the July-September quarter, while Kotak Mahindra Bank overtook Axis Bank to become the fourth-largest lender by market value

Joshi urges closer university-industry ties as tighter student entry rules abroad offer India an opportunity to attract international students, particularly from the Global South.

Reserves have lost about $51.1 billion from their September 4 peak as the RBI supports the rupee amid higher crude oil prices; foreign currency assets fell $10.7 billion

Motorola says premium phones account for 50-55% of its India revenue as rising memory costs push up prices, while local manufacturing helps the company manage supply-chain pressures

Jio plans AI wearables with Indian language support, Torchit is developing smart glasses for accessibility, and Qualcomm sees payments and education as key opportunities

New Delhi [India], October 9: As India and the global development community focus on moving Artificial Intelligence from experimentation to measurable development outcomes, edGrid, a GeoAI-powered education governance intelligence solution developed by Deepspatial, was showcased today as one of the select State AI innovations at the India launch of the World Bank Group's World Development Report 2026: The Promise of Artificial Intelligence.

India needs a level playing field where every business has a fair chance to compete, and the Congress is committed to breaking the chain of crony capitalism, Leader of Opposition in the Lok Sabha Rahul Gandhi said on Friday. The remark came a day after his exchange on X with US business tycoon Elon Musk, who had asked whether Reliance Industries chairman Mukesh Ambani is the eal boss of India amid a controversy over Starlink satellite internet services. Gandhi on Thursday said to the business t

Officials expect the rate structure to be reviewed only once a year henceforth, and any changes will take effect from April 1, not in the middle of the financial year

The UPSC Combined Defence Services 2 result 2026 is anticipated to be out soon. Once released, candidates will be able to download the result from the official website, upsc.gov.in

GST collections have remained resilient after the 2025 rate reset, but the recovery has been uneven, with imports driving more growth while refunds weigh on net revenue

As AI moves into regulated industries, companies are looking beyond where data is stored to where models process it. In-country inference is emerging as a new layer of AI sovereignty

Reports suggest that in its bid to meet the growing requirements of indigenous helicopter platforms, HAL plans to establish a second production line for Shakti engines at its Koraput facility.

The investigation was launched after the discovery of an alleged leak of intelligence reports intended for the chancellery

Truck rentals remained above year-ago levels across key routes in September, while heavy vehicle sales and electric vehicle adoption also showed strong growth, according to Shriram Finance Bulletin

Mumbai (Maharashtra) [India], October 6: Piramal Pharma Solutions (PPS), a leading global Contract Development and Manufacturing Organization (CDMO) and part of Piramal Pharma Ltd. (PPL) (NSE: PPLPHARMA) (BSE: 543635), has opened a new microbiology laboratory at its sterile injectable facility in Lexington, Kentucky. This addition marks a significant step forward in PPS' ongoing $85 million Lexington expansion, aimed at enhancing commercial-scale capabilities and improving operational efficiency

Data centres' share of private equity investment jumps to 29% in H1 FY27 from 4% in FY26, while domestic capital nearly six-folds and equity investments hit a record share

Middle East crude exports have rebounded to 17.5 million bpd, or about 98 per cent of pre-war levels. However, the recovery in refined products is much weaker.

Private equity inflows into Indian real estate rose 23 per cent to $2.7 billion in H1 FY27, led by stronger domestic capital and large foreign investments in data centres

The breach reportedly exposed highly sensitive information, including detailed descriptions of some FBI employees' counterintelligence roles, street addresses of human intelligence operatives

Domestic steel demand is expected to grow 8-10 per cent in the second half of the ongoing fiscal, Tata Steel CEO and MD T V Narendran said on Tuesday. The industry executive made the remarks on the sidelines of the Indian Foundation for Quality Management (IFQM) Symposium 2026 in the national capital. Demand should be 8-10 per cent because all consuming sectors are quite strong. So we are quite positive about the prospect of the steel industry, Narendran told PTI in reply to a question related t

Citi was just ahead of Goldman Sachs Group Inc. in the league tables, according to data compiled by Bloomberg

Civil Aviation Minister K Rammohan Naidu on Tuesday said the ministry is in discussions with airlines and oil marketing companies on high jet fuel prices due to the West Asia crisis. Airlines are facing headwinds due to the rising prices of Aviation Turbine Fuel (ATF), which accounts for around 40 per cent of a carrier's operational costs. One of the most important things is how the West Asia crisis is putting a big burden on ATF prices. We are in discussions with airlines and OMCs (Oil Marketin

Stable interest rates can make festive season planning easier, but affordability should still guide the decision. Check your EMI, tenure, and total borrowing cost before you book.

Vedanta will announce its first interim dividend after the demerger on October 8. Vedanta has set Octobr 14 as the diidend record date.

Adani Power on Tuesday said it has inked a pact with Bhutan's state utility Druk Green Power Corp Ltd for setting up the 770 MW Chamkharchhu-I Hydroelectric Project in the Kingdom of Bhutan. Adani Power and DGPC, Bhutan's state-owned generation utility, signed a Shareholders Agreement (SHA) for setting up the project, according to a statement. The project marks the second major hydropower collaboration between the two partners, following the 570 MW Wangchhu Hydroelectric Project agreement signed

Dealers sold 2.54 million vehicles during September, a jump from 1.92 million last year, according to Fada

Polling began Tuesday for five Assembly and one Lok Sabha bypoll across West Bengal, Tamil Nadu, Assam and Puducherry, with counting scheduled for October 9

Shares of capital market-related stocks were in demand on Tuesday amid reports that SEBI is likely to exclude derivatives from the Closing Auction Session (CAS) for at least a year.

Earlier in September, Maharashtra declared drought in 265 talukas, out of its 358 talukas. Against this backdrop, the state has planned the use of available water stocks.

Wikimedia said heavy traffic from OpenAI's rogue agents may have contributed to a partial outage of its Wikidata Query Service and led to unauthorized and potentially malicious edits

A proposed GST rule could shift arrest powers from tax officers to courts. Here's how GST arrests work now and what could possibly change

Stocks to watch today: Vedanta's board is proposed to meet on Thursday, October 08 to consider and approve the first interim dividend on equity shares, if any, for the Financial Year 2026-27.

The vessel, MV ROYAD MAMMADOV, was attacked in the Black Sea, following which some crew members were injured and taken to Romania for medical treatment

Pakistan, Saudi Arabia and Turkiye have agreed to take measures for the rapid deployment of military forces in the kingdom amid escalating tensions between Saudi Arabia and Yemen's Houthis, according to a media report. The Strategic Political and Defence Committee (SPDC) of the trilateral Makkah Defence Alliance held an emergency meeting in Riyadh on Monday to address the security developments and threats facing Saudi Arabia, Dawn reported, quoting Pakistan's Foreign Office(FO). The trilateral d

Kotak Securities recommends 'Add' on Hindustan Aeronautics and 'Buy' on Honasa Consumer, citing strong order visibility and margin expansion for both the companies.

Opening the door creates opportunity, show these pieces. But what happens beyond it depends on the capability to walk through

Veolia sees India as an engineering and digital hub, with rising demand for industrial water, wastewater recycling and municipal water solutions driven by infrastructure and high-tech sectors.

Tata Trusts reiterate that RBI did not mandate Tata Sons listing, saying the regulator only asked the group to find a lawful alternative to retain its unlisted status.

The refund for capital goods is likely to be implemented from April 1, 2027. Refunds for input services are likely to take effect this year itself, once council approves

Proposal seeks to address a place-of-supply anomaly by allowing export treatment for work done for overseas companies even when finished goods remain in India

The regulator wants enforcement officials to focus on hot spots, deploy Food Safety on Wheels vehicles in markets and record all inspection data in real time

BIS-certified E350 structural steel can retain two-thirds of its room-temperature yield strength at 600C for up to three hours, enhancing structural resilience during fires

Allowing employers to claim ITC on GST paid on group health and life insurance could lower effective costs, address a tax disparity and encourage wider employee coverage

Proposals include ITC on pipelines and telecom towers, contracted prices between government-owned firms, and wider credit for hospitality, tourism and wellness services

Drug regulators in Maharashtra, Karnataka and Uttar Pradesh are gathering data on price mark-ups, potentially strengthening the case for a review of trade margin rationalisation

US-based tech firm's promoter track record and governance face closer regulatory scrutiny

ICRA retains its FY27 gross state borrowing estimate at 13.4-14 trillion, assuming states broadly adhere to the RBI's indicative auction calendar for the third quarter