Page 2412 - BS Premium

France: Macron's camp seeks allies, says 'it's going to be complicated'

Macron's camp fails to win absolute majority in parliament; will now seek alliances with other parties; risk of political paralysis if no deals

Second-sale realty broker Settlin raises $1 mn in pre-series A round

Powerhouse Ventures, Rajesh Sawhney-founded GSF Fund, and Bharat Matrimony founder among investors; funds to be used for expanding within Bengaluru

Colombia's first leftist leader targets inequality; investors on edge

The election of a former guerrilla marks a radical change for a country still scarred by decades of conflict and highlights the depth of frustration with the right-leaning political establishment

IMF holds talks in Sri Lanka as cabinet moves to cut president's powers

Sri Lanka's cabinet on Monday approved an amendment to the constitution that could reduce presidential powers, in a move to appease protesters calling for President Gotabaya Rajapaksa to quit

BSES to install 5 mn smart meters across Delhi in country's largest rollout

Floats tender worth Rs 4,000 crore to procure the meters; installation to start by October

Europe may return to coal to stave off power shortage as Russia cuts supply

Germany may take 'painful' move to fire up coal power; Italy, Austria also looking at burning more coal; surging gas prices add to already rising inflation

Ashoka University launches long-term study on zoonotic disease outbreaks

Is setting up field stations to study cohabitation and pathogen sharing of animals and humans

Crypto industry fears contagion as bitcoin price slips under $20,000

Bitcoin has lost almost 60% of its value this year and 37% this month alone in the cryptocurrency sector's latest meltdown

Top headlines: Over 500 trains cancelled; FinMin flags slowing economy

Business Standard brings you the top headlines on Monday

EasyJet cuts more flights to try to manage disruption, sees cost hit

The UK discount carrier will now operate at around 87% of pre-Covid capacity in three months ending June 30, increasing to about 90% for its fiscal fourth quarter through September, a statement said

Bharat Bandh over 'Agnipath': More than 500 trains cancelled across India

Protests against the Agnipath recruitment scheme continued across India leading to traffic jams and the cancellation of over 500 trains in different divisions

India faces slowing growth but low risk of stagflation: Finance Ministry

Country faces near-term challenges in managing fiscal deficit, reining in inflation and containing CAD while maintaining a fair value of the rupee

HDFC twins, HUL lift Sensex 237 pts; SmallCap index dips 3%; Metals plunge

CLOSING BELL: This was the first gain for benchmark indices in seven days

As China deals with Covid, nearly 1 in 4 European firms consider moving out

Of the firms considering a shift in investment, 16% said they were looking at relocating to Southeast Asia, while 18% said they were looking elsewhere in the Asia-Pacific region

Telegram now has 700 mn users: Here's what its premium version includes

Telegram announced the launch of its premium model, which will give users access to "exclusive additional features"

NPS subscribers up 24 per cent YoY to 53.17 million in May: PFRDA

The Atal Pension Yojana scheme saw an increase in subscribers by 31.60 per cent to 37.2 million in May 2022

Plastic straws cause FMCG firms indigestion as deadline for ban nears

Juice and beverage giants struggle to meet the impending ban on single-use plastics

IIFL Home Finance looks to raise Rs 5,000 cr via direct assignment

Firm to scale up funding to developers, especially those complying with green finance norms

Fitch enhances ratings of 13 Indian firms to 'moderate downgrade risk'

These companies are either govt-related entities (GREs) with ratings linked to the sovereign rating or pvt entities whose ratings would be downgraded if India's Country Ceiling was lowered to 'BB+'

How Indian, Russian banks plan to bypass sanctions to facilitate trade

In a bid to ensure smooth flow of trade without violating the West's economic sanctions on Russia, the Indian banks will open accounts with their Russian counterparts, and vice versa