Financial Express Bengaluru - December 27, 2024Add to Favorites

Financial Express Bengaluru - December 27, 2024Add to Favorites

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December 27, 2024

Anti-dumping probe into LNG vessels from China

INDIA'S TRADE DEFENCE body has started an anti-dumping investigation into import of liquefied natural gas (LNG) fuel tanks used in trucks and other vehicles from China.

1 min

2024 Saw Fresh Disputes Between NFRA & ICAI, Stern Action on Big Four

The year 2024 marked a renewal of confrontations between the fledgling audit regulator and the statutory apex body of chartered accountants (CAs), after a spell of harmony.

1 min

A year where audit integrity took centre stage

The year 2024 marked a renewal of confrontations between the fledgling audit regulator and the statutory apex body of chartered accountants (CAs), after a spell of harmony.

2 mins

Adani, IRB among bidders for NHAI assets

Adani Road Transport and IRB Infrastructure are learnt to be among the four firms that have bid to acquire the operational highway projects of National Highways Authority of India (NHAI) under the Toll Operate Transfer (TOT) model for monetisation.

1 min

Monetary policy, structural factors too behind slowdown

\"Credit slowed a little too much and quickly in FY25\"

2 mins

Exporters seek special support for US markets

Sops to enable additional exports of $25-bn in 3 years

1 min

Rice exports surge after curbs eased

SHARP SPIKE

2 mins

Siddaramaiah Takes Dig at BJP for Opposing Proposal to Name Road in Mysuru After Him

KARNATAKA CM Siddaramaiah on Thursday took a dig at the BJP for opposing the Mysuru City Corporation (MCC) council's proposal to name a stretch of road in the city after him.

1 min

KMF Chief Hints at Milk Price Hike After Sankranti

KARNATAKA MILK FEDERATION (KMF) chairman Bheema Naik on Thursday hinted at the possibility of a hike in milk purchase price after Sankranti festival.

1 min

Coal Power Plant Growth Holds Near 5-Year High

Power Capacity

1 min

Slew of laws likely to fix insolvency

PAST YEAR SAW A SLOWING OF RESOLUTION PACE, SUPREME COURT INTERVENTION

4 mins

Gujarat traders demand cut in cotton MSP

Amid declining cotton exports and rising imports, cotton traders and associations in Gujarat are urging the government to reduce the minimum support price (MSP) for cotton.

1 min

Fadnavis Unveils Good Governance Index

The progress of a state depends on 'ease of living', and this is being prioritised by the Maharashtra government, chief minister Devendra Fadnavis said on Thursday.

1 min

Demand shift pushes small cars to oblivion

High Prices A Major Speed-Breaker

2 mins

Jubilant Foods inks deal with Coca-Cola

JUBILANT FOOD (JFL) on Thursday said it has signed an MoU with Coca-Cola company to buy sparkling drinks and other products from the beverages major.

1 min

Tata Sons chief sees a golden age for manufacturing

WITH GLOBAL SUPPLY chains increasingly tilting in India's favour, the manufacturing sector is poised for a transformative era, Tata Sons' chairman N Chandrasekaran said on Thursday in his New Year message to employees.

1 min

SECI order: RPower arm gets interim relief from HC

THE DELHI HIGH Court has granted interim relief to Reliance Power's subsidiary, Reliance NU BESS, in a petition pertaining to disqualification from participating in three bids solely on the ground of the debarment order dated November 6, issued by Solar Energy Corporation of India (SECI), against the petitioner.

1 min

Tech landscape: AI regulation, chip push to take centre stage

THE TECH POLICY landscape in 2025 is expected to focus on issues such as the implementation of the data protection law, the possible rollout of the draft of Digital India Act, AI regulation, semiconductor 2.0 incentive scheme and finalisation of the electronics components scheme.

2 mins

Housing sales volume may fall 4%

HOUSING SALES ARE estimated to fall 4% this year in seven major cities to nearly 0.46 million units on lower launches, while sales in value terms are up 16% at ₹5.68 lakh crore.

1 min

Banks' bad loan ratio at 13-yr low on higher recoveries

REDUCTION IN GNPAs, LOWER SLIPPAGES

2 mins

Lenders Disburse Loans Worth ₹27K Cr Through ULI

BANKS AND NBFCS disbursed more than 600,000 loans amounting to ₹27,000 crore using Unified Lending Interface (ULI) as on December 6.

1 min

IndusInd plans to sell ₹1,500-crore bad loans to ARCs

INDUSIND BANK PLANS to sell nearly ₹1,500 crore worth of bad loans, including more than 1 million micro loans with a ticket size anywhere between ₹5,000 and ₹40,000, to asset reconstruction companies (ARCs), in a bid to arrest deterioration in its asset quality.

1 min

HC stays Religare AGM, RBI's nod for open offer

IN A SETBACK to the Burman family, the Madhya Pradesh High Court has stayed the approval granted by the Reserve Bank of India (RBI) for making an open offer to acquire an additional 26% stake in Religare Enterprises as well as the company's annual general meeting (AGM) scheduled for December 31.

1 min

SMFG India Credit receives ₹3,000 crore from parent

Mitsui Financial Group announced on Thursday that it has infused ₹3,000 crore into its Indian NBFC subsidiary, SMFG India Credit Company, via rights issue.

1 min

NBFCs Maintain Double-Digit Credit Growth Last Fiscal

Loans and advances by non-banking financial companies (NBFCs) grew 18.5% in FY24, primarily driven by upper-layer NBFCs, according to the Reserve Bank of India's report on trend and progress, released on Thursday.

2 mins

Nippon extends $15-bn US Steel deal deadline

The closing date was revised to the first quarter of 2025 from the third or fourth quarter of 2024 previously

1 min

Trump's Bitcoin promise hard to keep

Can He Deliver?

1 min

20th Anniversary of Indian Ocean Tsunami

The article does not have a lead paragraph.

1 min

Russia Rejects Trump Call for Ukraine Truce

RUSSIA REBUFFED INCOMING US President Donald Trump's call for an immediate ceasefire in Ukraine, while saying it's ready to hold negotiations on a long-lasting peace agreement to end almost three years of war.

1 min

Alibaba, E-Mart to form $4-bn e-tail JV in South Korea

ALIBABA GROUP HOLDING agreed to merge its South Korean operations with E-Mart's e-commerce platform to better compete in the country's fast-paced online retail sector.

1 min

S Korea Opposition Moves to Impeach Acting President

SOUTH KOREA'S MAIN opposition party introduced a Bill to impeach acting President Han Duck-soo on Thursday, a day before it plans to seek a vote on the move, which could deepen a constitutional crisis triggered by a short-lived martial law.

1 min

Five Palestinian Scribes Killed

FIVE PALESTINIAN JOURNALISTS have been killed by an Israeli strike in the Gaza Strip, the health ministry said Thursday.

1 min

China revises up 2023 GDP, sees little impact on 2024 growth

CHINA REVISED UPWARDS on Thursday the size of its economy by 2.7%, but said the change would have little impact on the country's growth this year, as policymakers pledged more stimulus to spur expansion in 2025.

1 min

Transforming agricultural research

The plateauing of gains from Green Revolution necessitates the adoption of adaptive and market responsive strategies

3 mins

Corruption vs capability in PLA

ILLUSION OF STRENGTH PARTLY EXPLAINS XI JINPING'S CAUTIOUS APPROACH TO REGIONAL DISPUTES

4 mins

Resilience or stress?

Employment in informal manufacturing enterprises is not back to pre-demonetisation levels

2 mins

Speed is of the essence

RAISE YOUR HAND if being deserted in the middle of nowhere after a vehicle breakdown is your worst nightmare.

3 mins

Skilled jobs can power urban development

Panellists discussed how cities can boost employability and create enablers for migrant workers to remain invested at the Lucknow edition of IE Thinc: CITIES series, presented by The Indian Express with Omidyar Network India. The session was moderated by Udit Misra, Associate Editor

3 mins

World Looks at India for Youth Power: PM on Veer Bal Diwas

Highlighting how youth energy has played a significant role in the country's progress, Prime Minister Narendra Modi said on Thursday that the world looks at India with hope and expectation because of its youth power, which is driving new revolutions.

1 min

Mahatma's legacy under threat from those in power in Delhi, says Sonia

ASSERTING THAT MAHATMA Gandhi has been and will continue to be the fundamental source of inspiration, Congress Parliamentary Party (CPP) chief Sonia Gandhi on Thursday said his legacy is under threat from those in power in Delhi and the ideologies and institutions that have nurtured them.

1 min

Former PM Manmohan Singh passes away

His second term as prime minister (UPA-II 2009-2014) saw the enactment of the National Food Security Act.

2 mins

AAP-Cong rift boils over as election nears

WITH ASSEMBLY ELECTIONS in Delhi just a month away, the war of words between the AAP and the Congress, two key constituents of the Opposition INDIA bloc, intensified on Thursday, putting others in the grouping in a quandary.

1 min

In a first, EatSure launches multi-restaurant ordering

EATSURE, THE D2C platform of online restaurant company Rebel Foods, on Thursday announced the launch of a new feature allowing users to order from multiple restaurants in one order.

1 min

A weak rupee may jack up import bills

\"THE COST OF imports of oil & gas will increase with a weakening rupee. However, with the decline in oil prices to $70-75 per barrel now, the impact of weakening rupee would be offset,\" said Girishkumar Kadam, senior vice-president & group head - corporate ratings, at Icra.

3 mins

Dhindsa: Talk less, deliver more

IT IS SUCH attention to detail that's helping Blinkit leave the competition behind by a mile.

2 mins

Govt mulls tax relief for middle class

More money in the hands of the middle class may help rev up the economy, the world's fifth-biggest and which grew at its slowest pace in seven quarters between July and September.

1 min

Long years of inward-looking policies by govts to blame

IN THE THIRD week of October, the International Monetary Fund said in a blog post: \"Let's start with the good news: it looks like the global battle against inflation has largely been won, even if price pressures persist in some countries.\"

4 mins

Demerit act by Kohli on Konstas' striking debut

● Indian fined 20% fee for shoulder barge with teenager

3 mins

China Clears World's Largest Dam in Tibet Near India Border

CHINA HAS APPROVED construction of the world's largest dam, stated to be the biggest infra project costing $137 billion, on the Brahmaputra river in Tibet close to the Indian border, raising concerns in riparian states India and Bangladesh.

1 min

DDF strengthens its Senior Management Team

DF has further strengthened its senior management team with the appointment of eight senior executives across major departments in recent months.

2 mins

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