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Updated: 1 hour 4 min ago

Gold price today at Rs 44,520 per 10 gm, silver trending at Rs 65,700/kg

1 hour 15 min ago
In New Delhi, the price of 22-carat gold inched up by Rs 10 to Rs 43,860 per 10 gm, while in Chennai it increased by Rs 10 to Rs 42,170. In Mumbai, the rate rose to Rs 43,520
Categories: Business News

Top headlines: Apple's India plans, raw material crunch for vax maker, and more

1 hour 17 min ago
With just about a fortnight left for the suspension on fresh corporate insolvency cases to end, government sources have indicated that another extension is unlikely
Categories: Business News

Australia suspends defence cooperation with Myanmar over military coup

1 hour 19 min ago
Australia has suspended its defence cooperation with Myanmar and is redirecting humanitarian aid because of the military takeover of the government and ongoing detention of an Australian citizen. Foreign Minister Marise Payne said on Monday that Australian diplomats only had access to economic policy adviser Sean Turnell twice since he was detained in early February. She described the access as very limited consular support. We continue to absolutely call for the release of Professor Sean Turnell, Payne told Australian Broadcasting Corp. Australia announced late Sunday it had suspended a defense training program with Myanmar worth about 1.5 million Australian dollars ($1.2 million) over five years. The program had been restricted to non-combat areas such as English-language training. Australian humanitarian aid will be directed away from Myanmar government and government-related entities. Instead it will focus on the immediate humanitarian needs of the most vulnerable and poor in
Categories: Business News

Japan's bank deposits rise at record pace in Feb as consumers save

1 hour 19 min ago
Japanese bank deposits rose in February at the fastest annual pace of record, data showed on Monday, as a renewed wave of coronavirus infections prodded households to save rather than spend
Categories: Business News

India to become Aatmanirbhar in silk production in two years: Smriti Irani

1 hour 19 min ago
Union minister Smriti Irani on Sunday expressed confidence that India will become self-reliant or Aatmanirbhar in silk production in the next two years.The Minister for Textiles and Women and Child Development said the government aims to provide employment to over one crore people exclusively in the silk segment through the Krishi Vigyan Kendra programme according to a statement.She said that India's raw silk production increased by 35 per cent in the last six years.The Minister said that more than 90 lakh people have got employment in raw silk production.She made the statement while addressing a programme to announce a Memorandum of Understanding (MoU) between the Textiles Ministry and the Agriculture Ministry.On the eve of International Women's Day, the minister also distributed Buniyaad Reeling Machines to women silk reelers with an aim to eradicate unhygienic and obsolete thigh reeling practice.The Minister informed that 8000 women thigh reelers were identified for providing ...
Categories: Business News

WB Election LIVE: Modi, Mamata trade charges as poll heat takes over Bengal

1 hour 38 min ago
West Bengal Election Live Updates: A combative Banerjee cautioned the people of West Bengal against the BJP's "riot mongering" and the "grave threat" the state faced from "divisive forces"
Categories: Business News

Best of BS Opinion: Agenda for Stockholm+50, micro loan regulations & more

2 hours 4 sec ago
Here's a selection of Business Standard opinion pieces for the day
Categories: Business News

In a first, LetsVenture rolls out women-only angel network in India

2 hours 44 min ago
According to reports, India has about 10,000 angel investors and only a per cent of these are women.
Categories: Business News

Raw material shortage may affect scaling up of Covishield production

2 hours 44 min ago
Last week, Adar Poonawalla had said on a World Bank panel that a US law blocking the export of key items like bags and filters will likely cause "serious bottlenecks" in vaccine production
Categories: Business News

Apple to soon make iPhone 12 in India, shift 7-10% of capacity from China

2 hours 44 min ago
iPhone 12, according to sources in the know, will be manufactured at the Hon Hai Precision Industry (Foxconn) facility in Tamil Nadu - both for the domestic as well as well as the export market
Categories: Business News

Suspension of IBC proceedings may not be extended beyond March 24

2 hours 44 min ago
Centre likely to review situation after a few months; another extension is economically and legally untenable, say officials
Categories: Business News

Share of women in boardrooms up for eighth year in a row, shows data

2 hours 44 min ago
However, women still account for less than a fifth of directorships among Nifty500 companies
Categories: Business News

Coal quality and quantity issues surface again; CIL denies grade slippage

2 hours 44 min ago
Close to half a dozen states and NTPC have written to the ministry of power, complaining against discrepancy in coal quality and the billed amount
Categories: Business News

M S Sahoo explains achievements, evolution, and challenges of the IBC

2 hours 44 min ago
IBC is an option; stakeholders may not use it even if freeze not extended, says M S Sahoo
Categories: Business News

Software royalty likely to cost Centre Rs 5,000 crore every year

2 hours 44 min ago
According to sources, the department is examining the court's ruling and seeking legal opinion on it.
Categories: Business News

The future of technology services: Talent war to intensify for Digital 2.0

2 hours 44 min ago
A report released by NASSCOM and McKinsey & Company highlights the tectonic shifts in the technology services landscape which will play out in the next three to five years
Categories: Business News

Explained: How open-source software is powering India's startup ecosystem

2 hours 44 min ago
Using open-source software gives startups the access to a powerful community and better tools
Categories: Business News

Paks allow clients to easily move to the cloud: IBM's Subram Natarajan

2 hours 44 min ago
SUBRAM NATARAJAN, Director and CTO, Technical Sales, IBM Technology Sales, India/South Asia, tells Neha Alawadhi the broad contours of how Cloud Paks will help Indian enterprises
Categories: Business News

Statsguru: Key takeaways from the 4G telecom spectrum bidding

2 hours 44 min ago
In a market of 1.3 billion with only about a half having access to mobile broadband, the untapped user base still holds much promise
Categories: Business News

India needs a cohesive strategy to protect itself from cyber attacks

2 hours 44 min ago
The lack of a cohesive cyber-strategy and poor investment on safety by small and medium companies leave India vulnerable to hackers
Categories: Business News