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Top News / Business Standard

Amid a global crypto meltdown, lays off even more employees

Crypto lending exchange has laid off more employees in the second round and this time, the firing of employees is worse than the previous job cut, as the global crypto meltdown gets deeper.

18 Aug 2022 11:48 am
US Fed indicates further rate hikes as inflation shows no signs of abating

US Federal Reserve officials indicated that further rate hikes could follow as there is little evidence that inflation pressures were subsiding, according to the Fed's latest policy meeting.

18 Aug 2022 11:46 am
12,608 new Covid-19 cases in India; active cases decline to 101,343

India saw a single day rise of 12,608 new coronavirus infections taking the total tally of COVID-19 cases to 4,42,98,864, while the active cases declined to 1,01,343, according to the Union Health Ministry data updated on Thursday. The national death toll climbed to 5,27,206 with 72 fatalities, including 29 fatalities by Kerala, the data updated at 8 am stated. The active cases comprised 0.23 per cent of the total infections, as the national COVID-19 recovery rate was recorded at 98.58 per cent,

18 Aug 2022 11:46 am
Assam reports 174 new COVID-19 cases, positivity rate at 3.62%: NHM

Assam reported 174 new COVID-19 cases on Thursday, as per the National Health Mission (NHM). The state's positivity rate decreased to 3.62 per cent as the new cases were detected after testing 4,808 samples, it said in a bulletin. Kamrup Metropolitan district, which primarily comprises Guwahati city, reported 26 fresh cases, followed by Dibrugarh where 16 cases were detected and Lakhimpur where 15 people tested positive. There are 2,976 active cases in the state at present. The toll remained at

18 Aug 2022 11:44 am
Rafael Nadal crashes out of Western & Southern Open; loses to Borna Coric

Rafael Nadal crashed out of Western & Southern Open after losing the match 7-6 (9), 4-6, 6-3 against Borna Coric of Croatia here on Thursday.

18 Aug 2022 11:44 am
Centre spent Rs 38 lakh on Trump's 36-hour State Visit in 2020: RTI

The Centre spent approximately Rs 38 lakh on the 36-hour State visit by former US President Donald Trump in 2020 in accommodation, meals, logistics etc, the External Affairs Ministry has told the Central Information Commission. On his maiden visit to India, Trump accompanied by his wife Melania, daughter Ivanka, son-in-law Jared Kushner and several top officials had visited Ahmedabad, Agra, and New Delhi on February 24-25, 2020. He had spent three hours in Ahmedabad on February 24 during which h

18 Aug 2022 11:41 am
Mizoram reports 153 new Covid-19 cases; infection tally rises to 235,682

Mizoram reported 153 new COVID-19 cases on Thursday, 69 less than the previous day, with the tally rising to 2,35,682, a health official said. The single-day positivity rate dipped to 18.19 per cent from 21 per cent on Wednesday as the fresh cases were detected from 809 sample tests, he said. According to the official, the death toll remained at 717 as no new fatality due to the infection was reported in the last 24 hours, he said. All the 11 districts of the state recorded fresh cases with Lung

18 Aug 2022 11:41 am
ZIM vs IND 1st ODI Live Updates: Zimbabwe look to impress mighty Indians

Zimbabwe vs India 1st ODI Live Updates: The Indian team led by KL Rahul, who is back in competitive cricket after two months of injury hiatus, will play hosts Zimbabwe in the first ODI at Harare

18 Aug 2022 11:40 am
EV owners fed up with the sorry state of public charging stations in US

According to a report, one out of every five respondents ended up not charging their vehicle during their visit to a public charging station

18 Aug 2022 11:37 am
EU wants India to prohibit 'discriminatory buy national practices': Report

India's Make in India and Atmanirbhar initiatives aim to favour domestic manufacturing and discourage imports, the European Union said

18 Aug 2022 11:35 am
Explained: Taiwan international status, & can China take control by force?

Explainer: the complex question of Taiwanese independence

18 Aug 2022 11:30 am
Sensex, Nifty at the low point of the day; Pharma stocks decline

The domestic equity barometers pared all recovery gains and hit fresh intraday low in mid-morning trade. The Nifty traded below the 17,900 mark. Pharma stocks witnessed some bit of selling pressure.

18 Aug 2022 11:29 am
Solar-powered civilisation is the future, says Elon Musk in a tweet

Tesla and SpaceX CEO Elon Musk has said that civilisation will be mostly solar-powered in the future, a world without Sun will turn into a dark ice ball as the Earth gets all of its energy from it.

18 Aug 2022 11:27 am
'Study abroad' platform Edvoy continues to expand; new office in Hyderabad

/ -- Edvoy, a tech platform supporting and enabling international study abroad education, expands its presence in Hyderabad with new offices to accommodate its continued growth. The new office inauguration was done by Shri. Naveen Mittal (IAS), Commissioner, Collegiate Education & Technical Education at Government of Telangana. Previously operating as IEC Abroad, Edvoy focused on using technology to simplify students' study abroad ambitions in 2019. The growth which the company has experienced h

18 Aug 2022 11:23 am
Industrial China is alive and well despite concerns of economic slowdown

Data this past week showed a dismal picture: China's industrial output rose 3.8% from a year earlier, which was below expectations, fixed investment grew slower than forecast and credit was weak

18 Aug 2022 11:19 am
China plans more fiscal stimulus as outlook darkens with rising cases

China's local governments could sell more than $229 billion of bonds to fund infrastructure investment and plug budget gaps

18 Aug 2022 11:15 am
Afghanistan: Taliban condemns Kabul mosque blast that left 20 dead

The Taliban on Wednesday condemned the explosion that took place at a mosque in Afghanistan's capital, Kabul, which left 20 people dead.

18 Aug 2022 11:13 am
Sensex reclaims 60,000 mark. What should your market strategy be now?

On their part, technical analysts see the Nifty is hit 18,100-18,200 levels before it makes any major attempt to reverse. However, this journey, they caution, can see intermittent corrections

18 Aug 2022 11:11 am
People seeking US visitor visa may have to wait till 2024 for appointment

The US State Department website showed that if a person from India applies for the visitor visa today, they will get an appointment only in March-April, 2024

18 Aug 2022 11:09 am
IRCTC cancelled train today, 18 Aug: Over 130 trains cancelled in India

IRCTC cancelled 132 trains and partially cancelled 20 trains today. Read this article to know everything about cancelled, rescheduled, diverted, or source-changed trains on August 18, Thursday

18 Aug 2022 11:04 am
Google to shut down its IoT Core Services from Aug 2023; users seek options

Google Cloud has announced to shut down its core internet of things (IoT) services, and the customers have time till August next year to move to an alternative service.

18 Aug 2022 11:00 am
Transport strikes in London over job pay, working condition from today

Rail services on Thursday and Saturday will be drastically reduced, with only around a fifth running, and half of lines closed

18 Aug 2022 10:56 am
Kerela CM Vijayan extends greetings on Sree Krishna Jayanti via Facebook

Kerala Chief Minister Pinarayi Vijayan on Thursday extended his greetings to people on the birthday of Lord Krishna and said may the occasion inspire everyone to fight against all kinds of evil. Vijayan, in a Facebook post, said that devotees see Lord Krishna as a symbol of love and care and also against adharmam. He further said that let the occasion of Sree Krishna Jayanti reinforce the message of spreading the light of love and happiness throughout the society. May it be an inspiration to fig

18 Aug 2022 10:56 am
SBI Life hits new high; rallies 24% in 2 months on strong business outlook

With SBI Life's distribution channels firing on all cylinders, expanding product offerings and increasing acceptance, analysts expects robust growth to continue in FY23 and beyond

18 Aug 2022 10:54 am
Israel, Turkey agree to reinstate diplomatic relations in a historic step

Israel and Turkey want to fully resume diplomatic relations, leaders from both countries said on in a historic step that followed a visit by the Israeli Prime Minister to Turkey

18 Aug 2022 10:53 am
Punjab orders probe in 11,275 missing crop residue management machines

The Punjab government has said it has initiated a vigilance probe into a Rs 150-crore scam in the distribution of crop residue management machines among farmers during the previous dispensation led by the Congress. Agriculture Minister Kuldeep Singh Dhaliwal, in a statement on Wednesday, said during a physical verification, a total of 11,275 machines were not found with the beneficiaries and ordered a thorough probe into it. He said the central sector scheme of promotion of agriculture mechanisa

18 Aug 2022 10:52 am
Rupee depreciates 23 paise to 79.68 against US dollar in early trade

The rupee depreciated 23 paise to 79.68 against the US dollar in opening trade on Thursday, tracking the strength of the American currency in the overseas market and a muted trend in domestic equities. At the interbank foreign exchange, the rupee opened at 79.60 against the US dollar, then fell to 79.68, registering a decline of 23 paise over the last close. On Wednesday, the rupee gained 29 paise to settle at 79.45 against the dollar. The dollar index, which gauges the greenback's strength agai

18 Aug 2022 10:39 am
Rohingya illegal foreigners, no housing provided: MHA

Government of Delhi proposed to shift the Rohingyas to a new location. However, MHA directed the Government of Delhi to ensure that the Rohingya illegal foreigners continue at the present location at Kanchan Kunj, Madanpur Khadar as MHA has already taken up the matter of deportation of illegal foreigners with the concerned country through the Ministry of External Affairs.

18 Aug 2022 10:33 am
Shares pare some losses; FMCG stocks rise for 3rd day

The key equity indices pared some losses in morning trade. The Nifty traded tad above the 17,900 mark. FMCG shares advanced for third day in a row.

18 Aug 2022 10:30 am
HDFC Bank opens first all-women branch in north Kerala's Kozhikode

Private sector bank major HDFC has opened its first all-women branch in north Kerala region in Kozhikode. The branch, located in Cherootty Road, the hub of traders in the district, will have 4 women bankers. This adds to all-women branches opened by the Bank in southern India and takes forward the bank's inherent values of diversity and inclusion, a statement said here. The branch was inaugurated by city Corporation Mayor Beena Philip at a function here on Wednesday. HDFC Bank is driving diversi

18 Aug 2022 10:26 am
Assam CM asks officials to ensure smooth conduct of govt recruitment exams

No candidate will be allowed to re-enter the examination centre after the end of the examination of that particular shift

18 Aug 2022 10:25 am
Rushdie attack: Cost of prizing religious identity over defense of liberty

In a piece of dreadful irony, last week's brutal knife attack on Salman Rushdie came just days before the 75th anniversary of the partition of India and Pakistan

18 Aug 2022 10:24 am
India's Active Covid Cases Stands At 1,01,343

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18 Aug 2022 10:16 am
Titan, Kalyan: Jewellery stocks to dazzle in festive season, say analysts

Analysts see more upside for jewellery stocks as festive demand kicks in post the correction of gold prices.

18 Aug 2022 10:10 am
Struggling KSRTC launches economical tour package, focuses on Mahabharatha

Kerala's cash-strapped state-run transport corporation, which is looking for diversified means for its survival, has now come out with a budget-friendly pilgrim tour package focussing on the epic Mahabharatha to woo common passengers and tourists. The new package, announced by the budget tourism cell of the Kerala State Road Transport Corporation (KSRTC), offers travel buffs and pilgrims a cost-effective opportunity to visit the famed Pancha Pandava Temples in the southern state and also to take

18 Aug 2022 10:09 am
Airtel gets spectrum allocation letter; Mittal hails ease of doing business

Bharti Airtel received spectrum allocation letter within few hours of making upfront payment to the Department of Telecom, Bharti Enterprises founder and chairman Sunil Bharti Mittal said

18 Aug 2022 10:04 am
Real Estate shares gain

Real Estate stocks were trading in the positive zone, with the S&P BSE Realty Index index rising 34.93 points or 0.97% at 3637.62 at 09:47 IST.

18 Aug 2022 10:00 am
Sona BLW Precision slips 6% after huge block deals

Till 09:30 am; a combined 126 million equity shares or 21.56 per cent of Sona BLW total equity changed hands on the BSE (92.24 million) and NSE (33.76 million shares), the exchanges data show.

18 Aug 2022 9:57 am
Not flipping a light switch: US defends ties between India, Russia

The United States appeared to be defending India's policy choices, saying that it will take a long time for countries who have historic ties with Moscow to reorient their foreign policy

18 Aug 2022 9:55 am
GAIL (India) board OKs fund raising proposals

GAIL (India) said that its board has approved a proposal to raise funds upto Rs 25,000 crore or $3.125 billion in one or more tranches.

18 Aug 2022 9:52 am
Amid political crisis, Gotabaya to return to Sri Lanka next week: Report

Sri Lanka has been facing its worst economic-political crisis, which led to massive protests in the country that forced Rajapaksa to flee abroad and also hand in his resignation last month

18 Aug 2022 9:49 am
Nucleus Software Exports Ltd Falls 3.75%, S&P BSE IT Sector index Drops 1.02%

Nucleus Software Exports Ltd has lost 8.61% over last one month compared to 8.74% gain in S&P BSE IT Sector index and 9.59% rise in the SENSEX

18 Aug 2022 9:45 am
Data story: India logs 12,608 new cases of Covid-19; 72 more deaths

India has added 91,868 cases in the past 7 days

18 Aug 2022 9:32 am
BF Utilities Ltd Spikes 7.62%

BF Utilities Ltd has added 24.85% over last one month compared to 10.88% gain in S&P BSE Utilities index and 9.87% rise in the SENSEX

18 Aug 2022 9:30 am
Indices trade with modest losses; broader market outperforms

The domestic equity benchmarks edged lower in early trade, amid some selling in index pivotals. The Nifty traded below the 17,900 mark. Pharma, IT and oil & gas stocks declined while FMCG, metals and realty shares managed to hold in the green.

18 Aug 2022 9:27 am
FinMin contributed over Rs 900 cr towards Covid vax development: Official

The Union Finance Ministry contributed over Rs 900 crore to COVID vaccine development under 'Mission COVID Suraskha' resulting in India becoming a leader in vaccine production, said a top official.

18 Aug 2022 9:11 am
Pence tells fellow Republicans to stop lashing out at FBI over Trump search

Former Vice President Mike Pence on Wednesday implored fellow Republicans to stop lashing out at the FBI over the search of Donald Trump's Florida home and denounced calls by some of the former president's allies to defund the FBI, saying that was just as wrong as a push by Democratic activists to shift money from police. Pence also said he would give due consideration if asked to testify before the House committee investigating the riot at the U.S. Capitol on Jan. 6, 2021. His pleas for restrai

18 Aug 2022 8:56 am
Zelensky calls for Russian withdrawal from Zaporizhzhia nuclear power plant

Ukrainian President Volodymyr Zelensky has again called on Moscow to immediately return the embattled Zaporizhzhya nuclear power plant to full Ukrainian control, ahead of talks with UN

18 Aug 2022 8:54 am
Top Headlines: India on digital services tax, RBI moots UPI payments charge

India and other developing countries under the G24 grouping have objected to the proposal of making sovereign commitments to not introduce any future digital services tax like equalisation levy

18 Aug 2022 8:45 am