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Business Standard

Sports / Business Standard

Singapore diplomat, Myanmar activist, B'deshi teacher win Magsaysay awards

The winners of the award, first given in 1958, will be recognised at the Metropolitan Theatre in Manila on November 15 with a medallion, inscribed certificate and an undisclosed cash prize.

31 Aug 2026 11:58 pm
Over a year after AI171 mishap, Air India's UK route biz in low gear

Air India's UK passenger traffic has fallen faster than capacity since the AI171 crash, highlighting the combined impact of weaker demand, airspace restrictions and geopolitical disruptions

31 Aug 2026 11:54 pm
Private banks' deposit growth outpaces PSBs' by nearly 350 bps at June-end

Private banks' deposits grew 13.8% in June, outpacing PSBs at 10.3%, while bank credit surged 16.5%, widening the gap with deposit growth

31 Aug 2026 11:50 pm
RBI's net short dollar position in forwards hits record $136.77 billion

RBI's net short dollar position rose from $103.33 billion at June-end as the central bank remained active in the forward market amid depreciation pressure on the rupee

31 Aug 2026 9:20 pm
Makaibari unveils Collective model for Darjeeling's small tea growers

The Makaibari Collective will source organically grown tea from small farmer cooperatives, with profits shared among growers in proportion to the quantity supplied

31 Aug 2026 9:16 pm
RBI's liquidity mop-up auctions see tepid demand as surplus tops 5 trn

Banks parked Rs 3.84 trillion against the Rs 10 trillion notified in Monday's VRRR auctions, while the benchmark 10-year government bond yield rose to 6.95 per cent

31 Aug 2026 9:00 pm
Delhi HC orders forensic audit of Singh brothers' assets in Daiichi case

Six-month audit will trace Fortis shares, funds and transactions involving the Singh brothers, banks, IHH and RHT amid Daiichi's efforts to enforce its arbitral award

31 Aug 2026 8:28 pm
Adani urges India's rating agencies to broaden lens on infrastructure risk

Billionaire Gautam Adani urged India's credit-rating agencies on Monday to develop broader analytical frameworks for infrastructure projects, arguing that conventional models can underestimate the economic and strategic value of large platforms that create new markets and industrial ecosystems. Speaking at the CareEdge Group Annual Summit in Mumbai, the Adani Group chairman said India did not need lower credit standards but wider lenses to assess infrastructure whose value extends beyond the cas

31 Aug 2026 8:11 pm
Purple Style Labs bets IPO on India's booming luxury wedding market

Founder Abhishek Agarwal is steering the Pernia's Pop-Up Shop parent away from mass discretionary spending and towards a narrower, wealthier customer base

31 Aug 2026 7:57 pm
Nirupa's Yeola Paithani & Silk Sarees opens Pune showroom

Pune (Maharashtra) [India], August 31: Nirupa's Yeola Paithani & Silk Sarees, a leading brand specialising in traditional Yeola Paithani and silk sarees, has opened its first showroom in Pune on Bhandarkar Road. Spread across approximately 6,500 to 7,000 sq ft, the new showroom was inaugurated by Rajya Sabha MP and Chairperson of a Parliamentary Committee, Prof. Dr. Medha Kulkarni.

31 Aug 2026 7:55 pm
NCLAT to hear lenders' challenge to Subhash Chandra repayment plan Tuesday

Lenders are challenging the NCLT's approval of Essel Group founder Subhash Chandra's repayment plan, questioning the recovery quantum and creditors' voting process

31 Aug 2026 7:31 pm
Orissa HC backs Odisha tobacco curbs, rejects manufacturers' challenge

The Orissa High Court rejected challenges by chewing-tobacco manufacturers but clarified that the state notification does not impose a blanket ban on all tobacco products

31 Aug 2026 7:20 pm
MFs' overseas equity holdings rise 37.5% to 93,602 crore in FY26: RBI

Growth was largely driven by mark-to-market gains amid a rally in key global markets and rising investor interest in overseas schemes as domestic markets underperformed

31 Aug 2026 6:30 pm
India's GDP expands 7.8% in Q1FY27, nominal growth tops 10%

The Indian economy recorded a growth of 7.8% in the April-June period of the current fiscal year as against 6.9% a year ago, according to government data released on Monday. Real Gross Domestic Product, or GDP at constant prices, in the first quarter of FY27 is estimated at Rs 81.36 lakh crore, against Rs 75.46 lakh crore in the corresponding quarter of 2025-26. Nominal GDP, or GDP at current prices, in the April-June quarter of the current fiscal year is estimated at Rs 88.27 lakh crore, agains

31 Aug 2026 5:53 pm
ASBL Launches ASBL Legacy, Central Hyderabad's Tallest Gated Community at RTC X Roads

Hyderabad (Telangana) [India], August 31: ASBL has launched a new residential project at RTC X Roads in the heart of Central Hyderabad. With this project, ASBL is bringing a gated community to an area where most residential development has traditionally been in the form of standalone buildings. ASBL Legacy is designed for people who want to upgrade their lifestyle while continuing to live in the heart of the city.

31 Aug 2026 5:15 pm
AI Now Writes 86% of Paisabazaar's New Code, Reshaping How its Engineers Build Productively and Innovatively

Gurugram (Haryana) [India], August 31: Paisabazaar, India's leading marketplace for financial products and free credit score platform, is accelerating the use of Artificial Intelligence (AI) across the organisation, with AI now generating around 86% of the new code written on its platform.

31 Aug 2026 4:55 pm
SLC hopeful of retaining ICC Women's Champions Trophy hosting rights

Sri Lanka's interim cricket Board says it would correct itself from the very foundation to ensure that the inaugural Women's Champions Trophy next year remains in the country amid speculation that the ICC might relocate the event due to government interference in the sport's administration here. Interim Committee chair Eran Wickremaratna, appointed by the country's sports minister, said his committee is committed to reform the administration of Sri Lanka Cricket (SLC). We are very committed to r

31 Aug 2026 4:19 pm
India's April-July fiscal deficit at 26.8% of 2026-27 target: Govt data

The deficit in the same period last year stood at 4.7 trillion

31 Aug 2026 4:15 pm
India's GDP grows 7.8% in Q1FY27 despite disruptions from West Asia crisis

Gross value added grew 8.2 per cent in the June quarter, while manufacturing expanded 9.2 per cent and investment demand accelerated to 11.9 per cent

31 Aug 2026 4:10 pm
CCPA slaps 1 lakh fine on United Biscuits over 'wholewheat' claim

The CCPA found that the biscuits contained 19.5 per cent whole wheat, while refined wheat flour (maida) accounted for 52 per cent of the product, despite the product being marketed as 'wholewheat'

31 Aug 2026 4:04 pm
Home ministry flags fraud risk from 'porn apps' advertised on social media

The advisory warned users about fake porn apps being promoted through Facebook and Instagram ads that may lead to financial fraud

31 Aug 2026 3:30 pm
Anmolpreet's 12 sixes eclipse Abhishek's 17-ball fifty in T20 thriller

The India opener smashed 77 off 26 balls with seven sixes, but Amritsar Soormas' 258 was overhauled by Mohali Kings in a high-scoring tournament opener

31 Aug 2026 3:12 pm
Expect everyone to act responsibly: SC refuses to ban CJP's march on Sep 5

The Supreme Court on Monday refused to pass orders on a plea seeking prohibition on a protest march the Cockroach Janata Party has called on September 5, saying it expects everybody will act and behave in a peaceful and lawful manner. A bench comprising Chief Justice Surya Kant and Justices Joymalya Bagchi and V Mohana asked the petitioner to submit his petition to the High Powered Enquiry Committee formed by it to examine allegations of police violence during the NEET protests. Let the matter b

31 Aug 2026 2:52 pm
Gold, silver ETFs off day's low, still down 4% amid hawkish Fed stance

In the spot market, gold prices declined around 1.22 per cent to 1,54,940 per 10 grams. Meanwhile, silver futures fell 0.5 per cent to 2,40,011 per kg.

31 Aug 2026 2:45 pm
Bharat Global Developers Ltd leads gainers in 'B' group

Next Mediaworks Ltd, Diffusion Engineers Ltd, Kalyani Forge Ltd and Lancer Containers Lines Ltd are among the other gainers in the BSE's 'B' group today, 31 August 2026.

31 Aug 2026 1:50 pm
Tim Cook's last day at Apple: How he took the company beyond the iPhone

Tim Cook is stepping down as Apple CEO after nearly 15 years, leaving John Ternus to lead the company into its next chapter

31 Aug 2026 12:05 pm
ICC takes Women's Champions Trophy hosting rights away from Sri Lanka

The International Cricket Council has taken away hosting rights of the inaugural edition of the Women's Champions Trophy to be held in 2027 from Sri Lanka due to government interference in the administration of Sri Lanka Cricket. According to a report, Sri Lanka was set to host the first-ever edition of the women's tournament featuring six teams including the hosts. But the decision could impact their participation as well. Yes, it has been moved out of Sri Lanka. It will be played at another ve

31 Aug 2026 11:54 am
Deepti's record figures lead India to 94-run win over Thailand in Asia Cup

Shafali Verma's belligerent 64 set the tone before Deepti Sharma's record-breaking three-wicket burst without conceding a run powered India to a thumping 94-run win over Thailand in their Women's T20 Asia Cup opener here on Sunday. The flamboyant opener smashed eight fours and three sixes in her 36-ball knock before Thailand's spinners, led by Suleeporn Laomi's three-wicket haul, triggered an inexplicable Indian collapse to restrict the seven-time champions to 159/9. But the total proved more th

31 Aug 2026 11:50 am
China Masters: Lakshya Sen headlines India challenge, women's trio in focus

Lakshya Sen will look to bounce back from the disappointment of his early exit at the World Championships but a tough opener awaits him when he spearheads the Indian challenge at the USD 1,250,000 China Masters Super 750, beginning here on Tuesday. Sen, who became the first Indian male shuttler to reach an Olympic semifinal in Paris two years ago before finishing fourth, will face France's newly-crowned world champion Alex Lanier in his opening match. The Indian has enjoyed some notable results

31 Aug 2026 11:33 am
China's factory activity improves in August but remains in contraction

China's manufacturing PMI rose to 49.8 in August from 49.2 in July, beating forecasts but remaining below 50 as weak domestic demand weighs on the economy

31 Aug 2026 10:29 am
Trump's ICE eyes $2 million Robot Dogs for immigration enforcement

From Shock Gloves to Robot Dogs: ICE Expands High-Tech Enforcement Arsenal

31 Aug 2026 10:17 am
BYD's overseas revenue tops China sales for first time as profit rises

BYD's overseas revenue accounted for 53% of first-half sales as domestic revenue fell 31%, highlighting the growing importance of foreign markets for Chinese carmakers

31 Aug 2026 8:11 am
PM Modi calls for drug-free youth, stronger India in monthly 'Mann ki baat'

Prime Minister Narendra Modi on Sunday appealed to citizens to join hands to free India from the menace of drug abuse, and build a stronger future for the youth. In his monthly radio address 'Mann Ki Baat', Modi noted that the 'Drug-Free Youth for a Developed India' campaign is gaining momentum across the entire country. Its goal is crystal clear - drug-free youth, drug-free India. Let us come together to build a drug-free India and a stronger future for our youth, he said. The Drug-Free India t

30 Aug 2026 12:28 pm
NCLAT upholds 'clean slate' principle, rejects Sintex shareholder claim

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

30 Aug 2026 11:48 am
ARG overcome NED in shoot-out to clinch third Women's Hockey WC title

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

30 Aug 2026 11:05 am
Rain disrupts Lord's Test as England stretch lead to 342 runs against PAK

England extended its lead over Pakistan in the second test to 342 runs after reaching 162-6 at tea on a rain-hit Day 3 at Lord's. England's bid for victory had been delayed with no play possible on Saturday morning at the home of cricket because of showers. The hosts eventually resumed in the afternoon on 81-3 in its second innings and with a commanding lead of 261 runs. By tea - and more time lost to rain - England's innings had doubled to 162 runs at the cost of losing three wickets to Mohamma

30 Aug 2026 11:01 am
Suryakumar opens up on BCCI's decision to end his T20I captaincy reign

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

30 Aug 2026 10:57 am
ottenham suffer another Premier League loss; Liverpool rescue another draw

Tottenham's remarkable $400 million summer spending spree isn't translating to any on-field success so far in the Premier League. Two games. Zero points. Indeed, big-spending Spurs are still searching for their first goal of the campaign after being beaten 2-0 at home by Newcastle on Saturday, a week on from being ripped apart in a 3-0 loss at Brentford. Five of Tottenham's slew of new signings started the game - including Sandro Tonali, whose every touch was booed by the visiting fans after his

30 Aug 2026 10:50 am
Why India's 7% growth may not be enough for 2047 developed nation goal

India needs 9.25% growth rate to meet PM Modi's 2047 developed-nation goal, according to Ashok Lahiri, a senior official at the country's apex government-run think-tank

30 Aug 2026 9:20 am
Unity in diversity in Bharat's DNA, must be celebrated: Mohan Bhagwat in US

Rashtriya Swayamsevak Sangh (RSS) chief Mohan Bhagwat said that unity in diversity is in Bharat's DNA, underscoring that it has to be celebrated, respected and accepted. Addressing over 6,000 members of the Indian-American community and interfaith leaders at a mega rally at Infosys Theatre in the iconic city Madison Square Garden on Saturday, Bhagwat gave a clarion call to embrace diversity and support communities. When we say America, United States of America, one word is often discussed freque

30 Aug 2026 8:17 am
US govt to take 35% stake in Venezuelan mogul Betancourt's oil venture

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

30 Aug 2026 7:50 am
US jobs report seen reinforcing Kevin Warsh's view of labour market

Economists estimate the monthly jobs report from the Bureau of Labor Statistics on Friday will show a 55,000 increase in payrolls after an unexpected dip in July employment

30 Aug 2026 7:38 am
Chidambaram calls exam law 'useless', alleges bills passed without debate

Congress leader P Chidambaram on Saturday dubbed a bill recently passed in Parliament to prevent unfair means in exams as without any use, alleging exams are being cancelled daily in states, including Maharashtra. Speaking at an event here on the recently concluded monsoon session of Parliament, Chidambaram hit out at the BJP for claiming to have passed several bills though they merely passed useless bills without any debate. In the Tamil Nadu Assembly, Ministers, the Leader of the Opposition, t

29 Aug 2026 9:21 pm
Delhi's August: Above-normal rain, warm nights, and three-year high AQI

From rain-soaked days to warm nights, August has unfolded differently for Delhi this year: Rainfall has already crossed the seasonal average, day and night-time temperatures remain high, and the month's average air quality index has reached a three-year high. According to the India Meteorological Department (IMD), Delhi has received 653.9 mm of rainfall at Safdarjung since the beginning of the monsoon season, compared with the long-period average of 506.7 mm, resulting in a surplus of 147.2 mm,

29 Aug 2026 8:39 pm
NCRTC signs pact for solar plant to meet 60% of Namo Bharat's power needs

The NCRTC has signed a power purchase agreement for a 110 MW solar power plant expected to meet nearly 60 per cent of the electricity requirement for the Delhi-Meerut Namo Bharat corridor, according to a statement on Saturday. The solar plant, estimated to cost around Rs 450 crore, will be developed in Jaulan, Uttar Pradesh, and is expected to be commissioned within the next 24 months, it said. The plant will supply power through the Uttar Pradesh state grid to National Capital Region Transport

29 Aug 2026 7:10 pm
Nepal's private, public sectors pledge millions to disaster relief fund

Nepal's public sector, private companies and individuals have pledged millions of rupees to the disaster relief fund as the Himalayan nation continues its fight against one of its worst natural disasters that has killed over 600 people. Nepal is struggling to find its footing after a massive flash flood swept through towns and villages on Wednesday, washing away homes, vehicles, roads and bridges, besides damaging hydropower projects. The death toll crossed 600 on Saturday, while more than 2,400

29 Aug 2026 5:49 pm
6 months on, Iran's leaders defying US, signalling no tolerance for dissent

After six months of war, Iran's leadership has coalesced around a hard core of military generals and clerics long entrenched in the ruling theocracy. They are ready for a potentially long confrontation with the US and determined to prevent any unrest at home. It's a far cry from US President Donald Trump's initial hopes of toppling the Islamic Republic and his subsequent claims that egime change had brought more compromising officials to the fore. Iran's new leaders evince little faith in any a

29 Aug 2026 2:44 pm
Authorities warn of fresh rainfall in Nepal's flood-affected areas

Nepal's meteorology department on Saturday warned of fresh rainfall and thunderstorms in the country's flash flood-affected areas, threatening to disrupt ongoing rescue and relief operations amid the worsening crisis, according to a media report. An ice-rock avalanche following a glacial collapse near the Nepal-Tibet border sent a torrent of water, mud and debris downstream through central Nepal on Wednesday. The death toll crossed 600 on Saturday, while more than 2,400 people remained missing.

29 Aug 2026 2:40 pm
Bombay HC slams FDA for 'pedantic' view, clears reopening of 5 MCA eateries

The Maharashtra FDA on Saturday said it would withdraw its order suspending the licences of five restaurants operating on the Mumbai Cricket Association premises, after the Bombay High Court warned of stinging orders against officials for taking a pedantic instead of pragmatic view of the situation. A division bench of Acting Chief Justice Ravindra Ghuge and Justice Gautam Ankhad vacated the suspension after a fresh inspection report submitted by the FDA confirmed that the eateries located in th

29 Aug 2026 1:43 pm
Satin Growth Alternatives announces First close of its Women-Led Category II AIF, focusing on Sustainability, Inclusion and Impact

New Delhi [India], August 28: Satin Growth Alternatives Limited (SGAL), the youngest subsidiary of Satin Creditcare Network Limited (SCNL), is pleased to announce the First Close of its women-led Category II Alternative Investment Fund, achieved within four and a half months of receiving its SEBI registration. This milestone reflects the strong momentum behind SGAL's differentiated investment thesis, built on SATIN's 35-year legacy and its continued commitment to advancing impact, empowerment, a

28 Aug 2026 6:35 pm