Business Standard

Business Standard is a daily newspaper in India, published in both English and Hindi by Business Standard Ltd (BSL). Established in 1975, it focuses on business and financial news relevant to India and the world. The main English edition is produced from 12 regional hubs, including New Delhi, Kolkata, Bangalore, Coimbatore, Chennai, Ahmedabad, Hyderabad, Chandigarh, Pune, Lucknow, Raipur, Bhubaneswar, and Kochi. It has a wide reach, serving readers in more than 1,000 towns and cities throughout India.

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English, Hindi

Newspaper

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Global

#4280

India

#373

Finance/Finance

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Articles

US judge rules Trump admin violated rights of deported Venezuelans

1 day ago | business-standard.com | Zoe Tillman |David Voreacos

A US judge ruled that the Trump administration violated the due-process rights of more than 100 Venezuelans deported to a notorious prison in El Salvador, and they must now get a chance to challenge their removal. US District Judge James Boasberg in Washington found that the purported gang members never got a chance to challenge their designation as "alien enemies" before they were sent on March 15 and 16 to the mega-prison in El Salvador known as CECOT.
China weighs ordering up to 500 Airbus jets during EU leaders' visit

2 days ago | business-standard.com | Siddharth Philip |Danny Lee

China is considering placing an order for hundreds of Airbus SE aircraft as soon as next month, when European leaders visit Beijing to celebrate the countries' long-term ties, according to people familiar with the matter. Deliberations are underway with Chinese airlines about the size of a potential order, said the people, who asked not to be named discussing confidential matters.
My job is to provide multiple players in every telecom vertical: Scindia

2 days ago | business-standard.com | Subhayan Chakraborty |Nivedita Mookerji

Just days after telecom companies approached the government protesting against the regulator's recommmedations on spectrum pricing for satellite broadband, Telecom Minister Jyotiraditya Scindia questioned the telcos' logic of level-playing field between two different technologies--satellite and terrestrial.
Collection efficiency in MFI segment recovered to 99.6%: L&T Finance CEO

2 days ago | business-standard.com | Anupreksha Jain

The focus of L&T Finance is to expand its footprint in the eastern part of the country, setting up branches in West Bengal and Orissa, said Sudipta Roy, MD & CEO, L&T Finance in a face-to-face interview with Anupreksha Jain in Mumbai. He said that the transfer of the gold business of Paul Merchants Finance will be completed by June 15. Edited excerpts:
Harvard asks judge for fast ruling in $2.6 bn Trump funding freeze case

3 days ago | business-standard.com | David Voreacos |Janet Lorin

Harvard University lawyers urged a federal judge to rule quickly that the Trump administration's freeze on about $2.6 billion in federal funding is illegal and that it violated the school's free speech and regulatory rights. In a court filing Monday, Harvard argued that the US has not produced enough evidence to show that the administration's action was a legally justified response to address antisemitism and a perceived liberal bias on campus.
Tata-owned Air India may help India become international transit hub

3 days ago | business-standard.com | Surajeet Gupta

Despite a traffic of over 130 million passengers flying international-to-international (I2I) routes per annum over India, only one-sixth of the long-haul traffic (26 million) emanates from the country. That is why Delhi, the country's largest airport, has a mere 1 per cent share of this 130 million market of passengers who transit from the capital - a minuscule compared to a 10 per cent share held by Dubai and another 7.5 per cent held by Doha. That's not all.
India's semiconductor ecosystem takes shape with $21 billion pipeline

3 days ago | business-standard.com | Shelley Singh

In the semiconductor industry, assembly, testing, marking, and packaging (ATMP) and outsourced semiconductor assembly and test (OSAT) are the final, critical phases before chips are shipped to diverse users - smartphones, laptops, automotive, consumer electronics, and other product manufacturers. These processes contribute 12-15 per cent of a chip's total value. In India's budding semiconductor landscape, this is where the action is.
Highways baking at 70 degrees C hint at scorching summer across China, US

4 days ago | business-standard.com | Brian Sullivan |Joe Wertz |Mary Hui

In northern China, road surfaces have soared to 158F (70C). In California's Central Valley, temperatures are reaching into the triple digits Fahrenheit. Across much of Spain, the mercury has risen so high that it's prompting warnings for tourists. Weeks before the official start of the Northern Hemisphere's summer, signs are emerging that the coming months will be blistering in North America, Europe and Asia.
UK to build more submarines, boost warhead spend in message to Moscow

4 days ago | business-standard.com | Tom Rees |Ellen Milligan

UK intends to send a "message to Moscow" with plans to expand its fleet of attack submarines and invest in its nuclear deterrent as part of a new defence strategy to head off the threat posed by Russia.
Japan firms to face fines if they fail to protect workers from heat waves

4 days ago | business-standard.com | Shoko Oda |Yui Hasebe |Aaron Clark

Tougher rules being enforced in Japan will see employers fined if they fail to take adequate precautions to protect workers from extreme temperatures. The revised legislation, which came into effect June 1, is a rare global example of a national-level policy on heat safety for employees, and comes after 30 workplace deaths and roughly 1,200 injuries last year associated with high temperatures, according to health ministry data. Most of those affected worked in construction or manufacturing.