Financial Express Bengaluru - December 30, 2024
Financial Express Bengaluru - December 30, 2024
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December 30, 2024
FTA helps expand trade basket with Australia
THE ECONOMIC COOPERATION and Trade Agreement (ECTA) with Australia has opened up new export sectors for India, including gold studded with diamonds and turbojets, while also ensuring access to key raw materials for the domestic industry, the ministry of commerce and industry said.
1 min
PM Surya Ghar subsidy disbursal at 58% till Oct
EVEN AS THE government is focusing ramping up installations under the newly launched PM Surya Ghar Muft Bijli Yojana, delays in subsidy disbursal have raised concerns.
1 min
Plans to boost railway receipts likely in FY26
Vande Bharat sleeper trains, revival of PPP on the cards
2 mins
Anti-dumping duty on PVC Resin Paste from China, five others
INDIA'S DIRECTORATE GENERAL of trade remedies (DGTR) has proposed imposing anti-dumping duties of up to $707 per metric tonne on imports of Poly Vinyl Chloride (PVC) Resin Paste from China and five other countries: Korea, Malaysia, Taiwan, Thailand, and Norway.
1 min
CII seeks consumption boost in FY26 Budget
THE CONFEDERATION OF Indian Industry (CII) has urged the government to announce some specific policies in the upcoming Union Budget, which are aimed at boosting consumption in the economy.
1 min
Food subsidy likely to surpass BE by ₹20K cr
FY26 outlay to be higher than likely RE of ₹2.25 lakh cr for FY25
1 min
Brazil offers expertise to boost India's dairy cattle productivity
BRAZIL, A MAJOR global producer of dairy products, has offered its expertise in the genetic improvement of dairy cattle through several technologies, such as insemination and embryo transfer, aimed at boosting the productivity of India's cattle.
2 mins
Market gets ₹1,600 cr FPI inflows in 2024
THE YEAR 2024 saw a sharp slowdown in foreign portfolio investor (FPI) activity, with foreign investors pumping in just over ₹1,600 crore on a net basis into the domestic equity market, a steep fall of 99% from the robust inflows of ₹1.71 lakh crore in the previous year.
1 min
Public capex growth hits a plateau
Overall growth in govt capital spending for FY26 seen at 8%
3 mins
25% Attrition in Private Banks Risks Operations, Says RBI Report
Employee attrition in private sector banks has witnessed an increase to about 25%, and this high turnover rate poses significant operational risk, according to the latest report on Trend and Progress of Banking in India 2023-24.
1 min
Zetwerk's Make in India playbook
WITH SEVERAL BLUE-CHIP CLIENTS, CONTRACT MANUFACTURER ON A GROWTH PATH
3 mins
Beauty Startups Trim Losses Amid Cost-Cutting Drive
BEAUTY AND PERSONAL care startups, including Sugar Cosmetics, mCaffeine, Wow Skin Sciences, and online retailer Purplle have successfully reduced their losses in FY24 by tightening their advertising and promotional expenses.
1 min
Route Mobile targets digital identity solutions for q-comm to fuel growth
DIGITAL COMMUNICATIONS SOLUTIONS provider Route Mobile is developing security solutions under its digital identity vertical to service up and coming sectors like quick commerce.
1 min
Rentomojo set to file DRHP by mid-2025
FURNITURE AND APPLIANCE rental platform Rentomojo plans to file its draft red herring prospectus (DRHP) with Sebi by mid-2025, founder Geetansh Bamania said.
1 min
Real estate firms ride the luxury home wave
LUXURY PROPERTY DEVELOPERS in the country had a robust 2024, eclipsing the combined sales value of total residential sales in top cities during the previous year.
2 mins
179 Die as Plane Crashes in Worst-Ever Accident in S. Korea
FLIGHT OPERATED BY JEJU AIR CRASHES AND CATCHES FIRE AFTER SKIDDING DOWN RUNWAY; NATION DECLARES 1 WEEK OF MOURNING
2 mins
In e-scooter race, legacy brands are inching ahead
Total E2W sales, however, have surged, crossing one million units in the January-November period, up 37% y-o-y.
2 mins
Trump Backs H-1B...
Trump's support for the H-1B visa program marks a notable departure from his earlier, more restrictive immigration policies, sparking debate among his populist base and tech-sector allies.
1 min
Analysts Predict Crypto Boom in 2025
Supply cuts, and Trump's crypto push drove 2024's surge
2 mins
Banks stare at higher costs, slower credit growth
BANKS ARE PREPARING for a challenging 2025, as the Reserve Bank of India (RBI) moves closer to implementing stringent guidelines on the expected credit loss (ECL) framework, liquidity coverage ratio (LCR) norms and project finance requirements.
3 mins
Santa fails to turn up on Dalal Street
I had expected the markets to soar, as the Nifty had rebounded from the neckline of the inverse Head & Shoulders pattern on December 13 and recorded its highest close since October 21.
2 mins
Navigating market drawdowns
Keep a cash buffer to enter the market at lower prices
2 mins
Learning from no-detention policy
Why revocation of NDP is a thoughtful recalibration, and not a hasty retreat
2 mins
GenAI drafts a good report; human brain a great report
RISHIKESHA T KRISHNAN, DIRECTOR, IIM BANGALORE
2 mins
'Stick with diversified equity funds, avoid sectoral funds now'
If investors have excessive allocation towards small- and mid-cap funds, it may be a good time for some reallocation towards large-cap funds. Rajeev Thakkar, chief investment officer, PPFAS Mutual Fund, in an interview to Saikat Neogi, advises investors to stick with diversified equity funds rather than trying to pick one or two sectors or themes for investments in the equity space.
2 mins
A breakout year for renewable energy
The sector saw several milestones in 2024, govt focus on grid modernisation and ramping up transmission connectivity critical ahead
3 mins
Slow lane
Govt should consider recalibrating auto PLI scheme's design and provide more support
2 mins
Rising capital intensity
NAS DATA ON INFORMAL SECTOR DOESN'T REFLECT POLICY FALLOUT BETWEEN 2015-16 & 2019-20
3 mins
TVS champ now eyes Dakar Rally
One of India's finest woman rally riders is targeting the world's toughest race
1 min
Where comfort finds its space
NEW AUDI Q7
1 min
The Big Themes of 2024
Three trends stood out in the year passing us by: Social media influencers became mainstream brand ambassadors, agency consolidation picked up pace and the audio medium seemed to find its place in the sun.
1 min
Making India a chip powerhouse
A strong product focus will enhance its global stature
2 mins
Affordable EVs sport features available in high-end models
Affordable EVs sport features available in high-end models
2 mins
A quiet operator for cleaner and healthier indoor air
Its LED panel displays the AQI level in real-time
1 min
Audio is high-quality, detailed and balanced
The earbuds have unique design & long battery life
2 mins
AI is changing how we search, play game & create
Taiwanese PC maker Asus is confident that AI will drive the next laptop innovation and it will be useful for all kind of user scenarios — content creation, professional working or gaming. Bullish on the India opportunity, Arnold Su, VP, Consumer & Gaming PC, System Business Group, Asus India, speaks to Sudhir Chowdhary on the market trends in the PC industry and the business strategy deployed by the brand to promote its AI PCs in India. Excerpts:
1 min
Promoters pick up ₹1.5 L cr through share sales in 2024
A conducive \"EXIT environment\" didn't just help promoters looking to offload shares.
1 min
Constitution guiding light; Maha Kumbh's message is unity: Modi
INDIA'S CONSTITUTION HAS stood the test of time and it is the country's guiding light, Prime Minister Narendra Modi said on Sunday in the year's final episode of the Mann Ki Baat radio address.
2 mins
Funding rebound augurs well for startup ecosystem
STARTUP EXPERTS FORESEE a steady rebound in startup funding, driven by strong economic fundamentals and a focus on sustainable growth in 2025.
2 mins
All eyes on Virat & Rohit to plot a magical win, rediscover glory
IF SUNDAY'S TEST cricket at the MCG was exhilarating, a mouth-watering Monday awaits the audience on Monday.
2 mins
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