To beat ban, 60% of LCs for wheat exports ‘back-dated’

DGFT firm on allowing shipments only if LCs opened before May 13

Watch | Quad Summit 2022: PM Modi speaks at meet in Tokyo

Watch | Nifty Prediction for week May 23-27, 2022

Has the Supreme Court clipped the wings of GST Council?

Can Volkswagen’s German genes power a return to sedans?

Podcast | Quad Summit 2022: What was discussed

Podcast | Quad Summit 2022: What was discussed

Here are the highlights of what the Quad leaders discussed at the summit in Tokyo.

Subscriber Exclusive

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Weekly rupee view: Rupee range bound with bullish bias

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Are these stocks still ‘bank’able?

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Index Outlook: Will resistance cap the upside in Sensex, Nifty 50?

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Why you should accumulate Bharti Airtel stock as markets undergo correction

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Should you invest in Aether Industries IPO?

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Tech Query: How far can Titan Company stock fall from here?

Top Gainers/Top Losers

Stocks

Commodities

Forex

Gold & Silver

Delhivery, Venus Pipes and Tubes list at premium

Broker’s call: Ramco Cements (Buy)

Sensex down 236 points at closing, Nifty slips below 16,200 amid volatility

OYO plans IPO after September, may settle for lower valuation

IPO screener: Aether ₹808-crore issue opens today for subscription

Sri Lankan crisis: Tea industry wants subsidy revived to gain market share

Rising cotton yarn prices hit home textile exporters

Crude oil futures dip on concerns over global recession

Commodity call: Aluminium to resume downtrend

Soyabean output likely to be below govt estimates: SEA

Rupee almost flat against US dollar in early trade

Rupee ends 15 paise higher at 77.55 against US dollar

Rupee rises 4 paise to 77.66 against US dollar in early trade

Rupee inches 3 paise higher to close at 77.53 against dollar

Rupee surges 7 paise to 77.49 against US dollar in early trade

Sri Lankan crisis: Tea industry wants subsidy revived to gain market share

Rising cotton yarn prices hit home textile exporters

Crude oil futures dip on concerns over global recession

Commodity call: Aluminium to resume downtrend

Soyabean output likely to be below govt estimates: SEA

Opinion

Trending

RINL, NMDC divestment could be hit, as steel industry majors review capex after export duty imposition

Vodafone Idea ‘close’ to raising ₹20,000 cr via debt, equity

Petrol dealers to meet Petroleum Minister on losses after excise duty cut

SBI introduces Xpress Credit on YONO

Books

Economy

No duty, agri cess on crude soya, sunflower oil imports for 2 years

No duty, agri cess on crude soya, sunflower oil imports for 2 years

But Centre caps the shipments quantity at 20 lakh tonnes each

Industry body urges government to cap coal auction prices

Industry body urges government to cap coal auction prices

CCAI said that the average coal bid price in a recent spot e-auction rose by more than 800 per cent above the notified price

Green hydrogen is the future fuel: NITI Aayog Member VK Saraswat

Green hydrogen is the future fuel: NITI Aayog Member VK Saraswat

In an interview with BusinessLine, Saraswat said that currently green hydrogen is not economical, but with technologies such as like Carbon Capture U

India’s crude oil production declined marginally in April to 2.47 MT

India’s crude oil production declined marginally in April to 2.47 MT

The reason for the shortfall in output was the less than planned contribution from workover wells, drilling wells and old wells

Agri Business

Chana procurement tops 2 million tonnes

Symega Food Ingredients forays into plant-based protein space

Demand for Indian corn exports slackens as domestic prices rule high

Rising cotton yarn prices hit home textile exporters

Govt plans to restrict sugar exports for first time in six years

CMFRI director wins VASVIK industrial research award

Maharashtra forms a committee to discuss milk FRP

Money & Banking

PSBs may step-up dividend pay-out due to lower RBI surplus transfer to Govt

PSBs may step-up dividend pay-out due to lower RBI surplus transfer to Govt

If Bank of Baroda board approves revision in dividend, other PSBs may follow suit

Muthoot Finance announces ₹300-crore NCD issue

Muthoot Finance announces ₹300-crore NCD issue

The issue opens on May 25 and closes on June 17

Q4 results: Bank of India net profit jumps 142% to ₹606 crore

Q4 results: Bank of India net profit jumps 142% to ₹606 crore

The public sector bank’s standalone net profit for FY22 was up 58 per cent y-o-y at ₹3,405 crore against ₹2,160 crore in FY21

IRFC looks beyond Indian Railways, reaches out to World Bank, NDB to raise resources

IRFC looks beyond Indian Railways, reaches out to World Bank, NDB to raise resources

Keen to provide funds for projects with a forward or backward linkage with the Railways, says CMD Amitabh Banerjee

Credit card spending to continue robust growth, may remain above over ₹1 lakh crore: Analysts

Credit card spending to continue robust growth, may remain above over ₹1 lakh crore: Analysts

March data shows spends topped ₹1 lakh crore

Sundaram Finance Holdings posts 118% rise in consolidated profit in FY22

Sundaram Finance Holdings posts 118% rise in consolidated profit in FY22

Board recommends final dividend of ₹1 per share (20 per cent) for FY 21-22

Markets

Poll Question

Will the merger of HDFC and HDFC Bank trigger a consolidation in the banking industry?

quicktake

Quick Take: Why the stock markets cheered, while bond markets sulked post Budget

Though the Budget had every excuse to announce some populist handouts ahead of upcoming State polls, it seems to have refrained

RINL, NMDC divestment could be hit, as steel industry majors review capex after export duty imposition

Vodafone Idea ‘close’ to raising ₹20,000 cr via debt, equity

Petrol dealers to meet Petroleum Minister on losses after excise duty cut

SBI introduces Xpress Credit on YONO

Managing oneself well is foundation of everything: Shiv Shivakumar

Centre slaps export duty on steel, materials to cool prices

Now, download Digilocker documents via MyGov Helpdesk on WhatsApp

Has the Supreme Court clipped the wings of GST Council?

Editor's pick

Xiaomi Pad 5: Call it the Android iPad

Xiaomi Pad 5: Call it the Android iPad

With a brilliant screen, good battery life and specs, this Apple-like tablet is a strong contender

Aditya Birla Fashion raises ₹2,195 crore from GIC

Aditya Birla Fashion raises ₹2,195 crore from GIC

The board of ABFRL in its meeting today approved raising of up to Rs. ₹2,195 cvrore by way of preferential issuance of equity and warrants to an aff

BL Explainer: Will Supreme Court order disrupt the functioning of GST regime?

BL Explainer: Will Supreme Court order disrupt the functioning of GST regime?

The Supreme Court stirred a hornet’s nest by highlighting the fact that the recommendations of the GST Council are not binding on either the Centre

India’s billionaire race sees Gautam Adani pulling away from Mukesh Ambani

India’s billionaire race sees Gautam Adani pulling away from Mukesh Ambani

While Mukesh Ambani is going for the consumer, Gautam Adani is sticking mostly to infrastructure

Indian tourism going places

Indian tourism going places

Indian tourism sector is projected to grow by 17.30% CAGR from 2020 to 2029. Both domestic and foreign tourism is picking up

Stocks that will see action today (May 24)

Stocks that will see action today (May 24)

Buzzing stocks: Adani Ports, Olectra, Marico, Maruti, Natco Pharma, Pitti Engineering, Schaeffler, Rupa, Khaitan Chem, Apex Frozen, Bank of India, Amr

IPO screener: eMudhra issue closes today

IPO screener: eMudhra issue closes today

Retail investors portion subscribedgets 1.7 times

IPO screener: Delhivery, Venus Pipes to list share today

IPO screener: Delhivery, Venus Pipes to list share today

Delhivery fixes issue price as ₹462; Venus at 326

Multimedia

Companies

LG India eyes 30% growth in TV segment in 2022

LG India eyes 30% growth in TV segment in 2022

The company clocked revenues of about ₹6,600 crore from the TV segment in 2021

Start-up valuations, funding size decline as investors turn conservative

Start-up valuations, funding size decline as investors turn conservative

Industry members say VCs are now more likely to choose from existing portfolio

Ather Energy plans expansion to 90-100 cities by end of this financial year

Ather Energy plans expansion to 90-100 cities by end of this financial year

To strengthen manufacturing and supply chain as well

Grasim doubles capex to ₹10,000 crore to set up paints business

Grasim doubles capex to ₹10,000 crore to set up paints business

The company plans to set up 1,332 mlpa capacity by end of FY24

‘No illegality’ in levying service charge by restaurants: NRAI

‘No illegality’ in levying service charge by restaurants: NRAI

The restaurant industry body said that information regarding the service charge is displayed by restaurants on their menu cards and the premises so th

SAIL Q4 net dips 30% on imported coal costs

SAIL Q4 net dips 30% on imported coal costs

Net profit for full fiscal at ₹12,015 crore saw over 212% increase

Info-tech

Forescout launches solution to tackle ransomware, cyber threats

Forescout launches solution to tackle ransomware, cyber threats

Complimentary service available to organisations that lack internal resources and visibility to defend themselves from cybersecurity attacks

WE HUB to sanction ₹4.5 crore to 13 start-ups

WE HUB to sanction ₹4.5 crore to 13 start-ups

The incubator for women-led start-ups will release ₹1.76 crore in first tranche

Ramco Systems extends aviation, aerospace, defence software service to Brunei Shell Petroleum

Ramco Systems extends aviation, aerospace, defence software service to Brunei Shell Petroleum

Ramco’s Aviation Software will offer BSP modules covering maintenance and maintenance inventory for aviation, flight operations and technical record

Indian public cloud services market to grow at 24% CAGR for 2021-26: IDC

Indian public cloud services market to grow at 24% CAGR for 2021-26: IDC

Robust demand from large enterprises, SMBs, digital natives to ensure growth

Counter-Strike: Global Offensive tops gaming popularity charts

Counter-Strike: Global Offensive tops gaming popularity charts

CS: GO has more than 8,33,000 players

Ex-Twitter India head’s start-up Invact Metaversity at crossroads

Ex-Twitter India head’s start-up Invact Metaversity at crossroads

Disagreements crop up between the two co-founders of the start-up

Portfolio

Are these stocks still ‘bank’able?

Are these stocks still ‘bank’able?

Lack of enough re-rating drivers is a concern

Why banks may not be able to pass on rate hikes

Why banks may not be able to pass on rate hikes

Being the first major interest rate hike since 2018, banks may have to weigh profitability vs. loan growth

Index Outlook: Will resistance cap the upside in Sensex, Nifty 50?

Index Outlook: Will resistance cap the upside in Sensex, Nifty 50?

The broader trend is down and any further rise from here may not sustain

Why you should accumulate Bharti Airtel stock as markets undergo correction

Why you should accumulate Bharti Airtel stock as markets undergo correction

With better ARPU, the telecom company has strengthened its position in the Indian market. Shares trade at ₹687 levels currently.

‘The toughest thing in the business of investing is to stay alive’: Deepak Shenoy of Capitalmind

‘The toughest thing in the business of investing is to stay alive’: Deepak Shenoy of Capitalmind

The expert shares his investing principles, views on money management, and more, with BL Portfolio

Should you invest in Aether Industries IPO?

Should you invest in Aether Industries IPO?

Good R&D capabilities and product portfolio in speciality chemical space

Videos from BusinessLine on Campus

Shiv Shivakumar's spirited lessons for MBAs entering corporate life

Shiv Shivakumar's spirited lessons for MBAs entering corporate life

Speaking at the grand finale of BLoC Boardroom Challenge 2021, he offers six insights to B-schoolers.

Masterclass on how to solve a business case by Vishwadeep Kuila

Masterclass on how to solve a business case by Vishwadeep Kuila

Speaking at the grand finale of BLoC Boardroom Challenge 2021, Kuila offers realistic advice to crack a case.

'Thinking about the future will help'

'Thinking about the future will help'

Mohammed Thaysir of Chennai Business School, says students shouldn't be stuck on just getting a job

Is your job a 100-metre dash or a marathon?

Is your job a 100-metre dash or a marathon?

Treat the first three years of your job as an extension of your management programme

'For an interview, prepare thoroughly about yourself'

'For an interview, prepare thoroughly about yourself'

Great Lakes Institute of Management student, Akanksha Ahuja gives you a few tips on acing interviews

'Don't ask the interviewer irrelevant questions'

'Don't ask the interviewer irrelevant questions'

Bharath Prasad, a graduate of GLIM, says it's better to not ask questions than asking half-baked ones

Slideshow

video

Candid Kahn: What’s screwing up India’s super potential in agriculture

Candid Kahn: What’s screwing up India’s super potential in agriculture

Mark Kahn, managing partner and co-founder at Omnivore on innovations by entrepreneurs and the assorted challenges of agribusiness

Resources

Feb 01, 2022

Budget 2022-23: Full text of Nirmala Sitharaman’s speech

Feb 01, 2022

Key feaures of Budget 2022-23

Jan 31, 2022

Full Text | Economic Survey 2021-22

Sense and Sensibilities in India's Political Discourse

Tourism marketing: A new pitch from God’s Own Country

Kerala’s tourism revival package has new products and a unique positioning with an eye on the post-pandemic domestic traveller

‘Arbitrability’ in times of fast emerging techno-centric businesses in India

The Supreme Court has presented what is called a “four-fold” test to determine the question of arbitrability of the subject matter

India spotlights green shipping

Guidelines for incorporation of green initiatives across ports are in the works

Are these stocks still ‘bank’able?

Lack of enough re-rating drivers is a concern

Why banks may not be able to pass on rate hikes

Being the first major interest rate hike since 2018, banks may have to weigh profitability vs. loan growth

Index Outlook: Will resistance cap the upside in Sensex, Nifty 50?

The broader trend is down and any further rise from here may not sustain

Auroville: An utopian search for a better world

Akash Kapur’s ‘Better to Have Gone’ traces what happens when we believe deeply in a quest and give up everything in its pursuit

Lady doctors and the rocky path to healing

A handbook on India’s first women doctors holds up a mirror to the social and political realities of the 19th and early 20th century

Conquering Everest: A compelling account of how an impossible dream was achieved

Jim Davidson dwells in detail on the failure to make it in the first attempt and the harrowing return to physically and emotionally draining climb up