Page 1099 - Latest News

Mercedes-Benz to pay $149.6 mn to settle emissions allegations in US

Daimler AG and Mercedes-Benz USA already agreed in 2020 to pay $1.5 billion to the US government and California state regulators to resolve the emissions cheating allegations

US judge to decide whether Garcia will return to immigration custody

Abrego Garcia's mistaken deportation and imprisonment in El Salvador in March have galvanised both sides of the immigration debate

Progress in US-led peace talks 'quite solid', says Ukrainian Prez Zelenskyy

There are some things we are probably not ready for, and I'm sure there are things the Russians are not ready for either, Zelenskyy told reporters in Kyiv

IndiGo permitted to operate 5 Turkey-leased B737 planes till Mar 2026: DGCA

In August this year, the DGCA gave a six-month extension till February 2026 for IndiGo to operate two leased Boeing 777 aircraft from Turkish Airlines with certain conditions

South African police arrest suspect in mass shooting that killed 12

According to the police, the suspect was arrested on Sunday while traveling to Botlokwa in Limpopo province, more than 340 km from where the mass shooting took place on Dec 6

Vande Bharat train easing winter travel in valley, says Farooq Abdullah

Highlighting improvements in connectivity, the NC chief also lauded the introduction of the Vande Bharat train service in the Kashmir Valley, calling it a major relief for people

Yunus reiterates commitment to hold Bangladesh general elections on Feb 12

Yunus made the remarks during a telephone conversation with Sergio Gor, the US Special Envoy for South and Central Asia, at around 7:30 pm (local time)

Cold wave intensifies in north India; dense fog to persist till Dec 27

IMD has forecast dense to very dense fog, cold day conditions, and fresh spells of rain and snowfall across large parts of north India, with several states likely to remain affected till December 27

Bharat Biotech inks tech transfer pact with Biofabri for MTBVAC TB vaccine

Bharat Biotech has signed a technology transfer agreement with Spain's Biofabri to enable end-to-end manufacturing of MTBVAC, with a Phase 3 study in India expected to start recruitment in Q1 2026

SC admits Fada plea on GST compensation cess; issues notice to Centre

The Supreme Court has admitted Fada's writ petition challenging the non-transition of accumulated GST compensation cess credits under GST 2.0, and issued notice to the Union government

Mutual funds' NFO collection shrinks in 2025 as equity appetite cools

Mutual funds launched 222 NFOs and raised ₹63,631 crore in 2025 (as of November), down sharply from 2024, as active equity demand softened amid volatile markets

Routine jobs will be lost as new tech gains ground: Narayana Murthy

Infosys founder N R Narayana Murthy said AI and other new technologies will eliminate routine work, but productivity gains can create jobs if workers learn to use and master these tools

Nikhil Kamath, Kishore Biyani launch startup venture platform The Foundery

Zerodha co-founder Nikhil Kamath and Future Group founder Kishore Biyani have launched The Foundery, a 90-day co-building programme offering seed funding of up to ₹4 crore

Best of BS Opinion: India must learn from China, support new entrants

Today's Best of BS Opinion looks at India's evolving trade strategy, rising tensions with Bangladesh, lessons from China's manufacturing boom, food loss challenges, and the impact of digital platforms

Datanomics: Staff behaviour is a small but steady irritant in air travel

SpiceJet recorded the highest complaint rate per 10,000 passengers, rising sharply from 3.9 in November 2024 to 13.8 in October 2025

Why Varun Beverages' Twizza acquisition could be a game changer in Africa

Varun Beverages shares gain after acquiring South Africa's Twizza. Analysts see market share gains, and attractive valuation providing upside potential for VBL stock

MSME body pitches unified regulator; seeks banking oversight shift

According to Fisme, the Indian banking system operates under conditions of monopolistic competition, with high switching costs giving banks significant market power over borrowers, particularly MSMEs

Credit growth for banks, NBFCs to rise; asset quality seen range-bound

Strong fundamentals will steer these sectors through the evolving regulatory, and macroeconomic landscape

Outward remittances under LRS slip 2% in Oct on travel, education dip

Outward remittances under RBI's LRS slipped to $2.36 billion in October 2025 as overseas travel and education outflows fell, while remittances for equity and debt investments rose sharply

RBI net-sold $12 bn in October, highest monthly sale in 10 months

RBI net sold $11.8 billion in October and supplied dollars to cap rupee weakness near 88.80/$, even as its net short forward position rose to $63.6 billion, the bulletin showed