Financial Express Delhi - December 26, 2024
Financial Express Delhi - December 26, 2024
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In this issue
December 26, 2024
Arunish Chawla named new revenue secy
The government on Wednesday appointed Arunish Chawla as the new revenue secretary, according to a personnel ministry order, reports fe Bureau.
1 min
Record RE addition of 30 GW, policy push for storage, hybrid energy
Capacity creation to be robust in 2025 too; grid integration of RE a challenge
4 mins
India Boosts Position in World Market for Copper, Aluminum Wires
IN THE EXPANDING global market for aluminum and copper wires, India has increased its share and ranking among exporters in the past decade, according to data compiled by the commerce ministry.
1 min
EY report forecasts 6.5% growth in FY25, FY26
INDIA'S REAL GDP is expected to grow 6.5% in the current as well as the next financial year, according to the EY Economy Watch report.
1 min
Export Duty on Onion to Stay Till Retail Prices Cool
DESPITE A SHARP fall in mandi prices of onions due to arrival of kharif crop, the government is unlikely to remove 20% export duty on the staple vegetable citing higher retail prices.
1 min
Experts Want PDS Food Items Out Of The New Inflation Series
The Ministry of Statistics & Programme Implementation (MOSPI) has floated a discussion paper to seek views on the treatment of \"free public distribution system (PDS) items in the Consumer Price Index (CPI) compilation\", as it feels the current mechanism doesn't properly capture the impact of free food distribution on inflation.
2 mins
Modi Lays Foundation Stone for MP River-Linking Project
PRIME MINISTER NARENDRA MODI on Wednesday accused Congress of ignoring Dr. B. R. Ambedkar's contribution to the development of water resources in the country as he laid the foundation stone of the Ken-Betwa river linking project in Madhya Pradesh.
1 min
Near Cong's Belagavi session, a village walks on Mahatma's path
BELAGAVI WAS BUZZING with activity on Wednesday as the Congress prepared to celebrate the centenary of Mahatma Gandhi's appointment as party president in the city.
1 min
Delhi govt disowns AAP's new schemes; Kejriwal targets BJP
IN AN UNPRECEDENTED move, senior officers in the Delhi government released public notices and disowned the registration process started by chief minister Atishi and her predecessor, Arvind Kejriwal, for two schemes announced by the ruling AAP in the national capital.
1 min
Need to counter Congress on Ambedkar, BJP tells its allies
MEMBERS OF THE ruling NDA met Wednesday at the New Delhi residence of BJP president and Union Minister J P Nadda to discuss ways to put up a united front to counter the Opposition \"narrative\" on the issue of the Constitution and Dr B R Ambedkar.
2 mins
N Srinivasan Resigns as India Cements MD & CEO
INDIA CEMENTS LIMITED (ICL) on Wednesday announced that its former promoter N Srinivasan has stepped down as the company's managing director and CEO with immediate effect.
1 min
Ola reaches 4,000-store mark with EV network expansion
OLA ELECTRIC ON Wednesday expanded its network to 4,000 stores across the country, marking one of the fastest rollouts of EV distribution globally.
1 min
Reverse flipping all set for 'homecoming' rush
• However, regulatory hurdles, high costs & tax timelines likely to pose challenges
2 mins
Risk management set to drive Dezerv's 2025 growth story
Dezerv, which largely caters to an affluent section of first-generation wealth creators including founders and C-suite executives, will prioritize risk management next year as markets navigate global uncertainties.
1 min
Synaptics to double workforce in India
NASDAQ-LISTED SEMICONDUCTOR solutions company Synaptics plans to double its workforce in India from 400 to 800 employees over the next two to three years, reinforcing its commitment to wireless and edge AI product development.
1 min
Amitava Chatterjee Appointed J&K Bank MD
J&K Bank on Wednesday announced the appointment of Amitava Chatterjee, currently deputy managing director of State Bank of India (SBI), as its new managing director (MD) and CEO.
1 min
Insurance penetration slips below 4% in FY24
AFTER THREE YEARS, India's insurance penetration slipped below 4% in FY24, underscoring the challenges in meeting Irdai's 'Insurance for All by 2047' vision.
1 min
Wegovy & Zepbound's next lap harder than acceptance
THIS TIME LAST year, people were still bickering about whether Novo Nordisk's Wegovy and Eli Lilly & Co.'s Zepbound represented a shortcut to losing weight or a medical breakthrough.
3 mins
Incremental gains
Growth in area under green cover is encouraging, but the threat of forest degradation must be averted
2 mins
Moving towards an IP-centric economy
A product mindset will help drive business growth
2 mins
'2025 will be the year of small language models'
Mohammed Rafee Tarafdar says that in recent times, several small language models for India-specific needs have been launched and with the growing developer base, \"we should see a lot more GenAI applications implemented for Indian and global markets.\"
1 min
Garuda promotes precision agriculture in hinterland
● Trains over 500 rural women for agri-related services
1 min
The Angry Young Man
₹ impact on auto sector
1 min
China Avoids Rate Cut to Brace for Future Pressure
CHINA REFRAINED FROM cutting the interest rate and drained the most cash since 2014 with a one-year policy tool, keeping its powder dry ahead of possible escalation in trade tensions with the US next year.
1 min
Honda-Nissan deal may hold key to fight against BYD
HONDA MOTOR ABSORBING Nissan Motor could give the two struggling Japanese brands the scale they need to take on China's BYD, sales figures released on Wednesday show.
1 min
Investors Get Good Exits in IPO Frenzy
A whopping ₹1.6 lakh crore has been mopped up in the primary market in 2024 by 90 firms, the highest so far in a year, topping the ₹1.19 lakh crore raised through IPOs in 2021 by 63 companies.
1 min
Impact on auto sector
However, the falling rupee presents challenges for import-dependent luxury carmakers like Mercedes-Benz, BMW, Audi, and Volvo.
1 min
Azerbaijan Airlines plane crashes in Kazakhstan, many feared dead
An Embraer passenger jet flying from Azerbaijan to Russia crashed near the city of Aktau in Kazakhstan on Wednesday with 62 passengers and five crew on board, Kazakh authorities announced, saying 32 survivors had been rescued.
1 min
Russia Launches 'Inhuman' Christmas Day Attacks
RUSSIA ATTACKED UKRAINE'S energy system and some cities with cruise and ballistic missiles plus drones on Wednesday in an \"inhuman\" Christmas Day assault, Ukraine's President Volodymyr Zelenskiy said.
1 min
Yoon Defies Second Agency Summons Over Martial Law
SOUTH KOREA'S SUSPENDED President Yoon Suk Yeol did not respond on Wednesday to a second summons by anti-corruption authorities who, along with prosecutors, are investigating his short-lived martial law decree issued early this month.
1 min
Prosperity through cooperation
The United National General Assembly (UNGA) adopted a resolution proclaiming 2025 as the International Year of Cooperatives with 'Cooperatives Build a Better World' as the theme.
3 mins
Office Leasing in Top Six Cities Hits Record: Report
WITH RISING DEMAND of premium workspaces, real estate consultant Anarock has said that realty firms are currently developing around 250 lakh square feet of office space across major cities for catering to the requirements of domestic and foreign companies.
1 min
5 trains to run between Delhi and Kashmir
Heated coaches, airport-like security check
2 mins
Noted Malayalam writer Vasudevan Nair dies
NOTED WRITER AND Jnanpith award winner M T Vasudevan Nair, who had been undergoing treatment at a private hospital in Kozhikode (Kerala) following heart failure, has passed away, hospital sources said on Wednesday. He was 91.
1 min
Despite rising volume, muted crude prices help lower oil import bill
THE SOFTENING IN global crude oil prices over recent months has resulted in India's oil import bill contracting on a year-on-year basis in September, October, and November, despite import volumes rising in each of these months, latest petroleum ministry data shows.
2 mins
Heated coaches, airport-like security check
Heated coaches, airport-like security check
1 min
Financial Express Delhi Newspaper Description:
Publisher: The Indian Express Ltd.
Category: Newspaper
Language: English
Frequency: Daily
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