Prayagraj demolitions: SC orders Rs 10 lakh compensation to houseowners

Calling the demolition of residential homes in Prayagraj 'inhuman and illegal', the Supreme Court on Tuesday ordered the city development authority to pay Rs 10 lakh compensation to each aggrieved......

White collar hiring in March dips marginally by 1.4%

Hiring trends in India's white-collar job market dipped marginally by 1.4 per cent in March compared to the same month last year, driven by a decline in recruitment in the retail, oil & gas, and......

Payments banks urge FinMin to raise deposit limit to Rs 5 lakh

Payments banks have urged the Union finance ministry to increase their deposit limit for each account to Rs 5 lakh, according to a source who participated in a meeting, chaired by the Department of......

VC, PE funds bet big on traditional sectors

Venture capital (VC) and private equity (PE) funds had, in 2024, taken bets on traditional businesses rather than tech-first domains like consumer tech, software as a service (SaaS) and software.......

Allianz to explore new avenues in India after exit from Bajaj JVs

Munich-based Allianz will explore new opportunities in the Indian insurance market not only as an investor but also as an operator, the company told Business Standard on Tuesday. Photograph:......