Financial Express Hyderabad - December 13, 2024Add to Favorites

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In dieser Angelegenheit

December 13, 2024

India needs to boost reforms, says World Bank chief economist

WORLD BANK CHIEF economist Indermit Gill has urged India's policymakers to accelerate structural reforms, as changes needed to transition to a high-income country are not taking place quickly enough.

1 min

Govt seeks Parliament nod for ₹44,143-crore extra spending

The Centre on Thursday sought Parliament approval for net additional expenditure of ₹44,143 crore for the current fiscal, out of gross additional spending of ₹87,763 crore in the first batch of supplementary demand for grants.

Govt seeks Parliament nod for ₹44,143-crore extra spending

1 min

Govt releases standards for green steel; product may get priority in public procurement

Govt releases standards for green steel; product may get priority in public procurement

2 mins

IIP growth rises to 3-month high of 3.5% in October

Manufacturing, electricity, consumer durables fare better

2 mins

Investment rate likely to rise to mid-30s in 5 years: Nageswaran

EXPRESSING OPTIMISM THAT private sector investments will continue to rise, chief economic adviser to the government V Anantha Nageswaran on Thursday said the gross fixed capital formation (GFCF) rate may rise from 30.8% now to mid-30s in the next five years, aiding India to grow at a sustainable rate when the world is going to be extraordinarily difficult.

2 mins

Goyal: Talks with EU need political push

THE FREE TRADE negotiations between India and the EU have reached a stage where they require political directions to arrive at a meaningful deal while understanding the sensitivities of each other, commerce and industry minister Piyush Goyal has said.

1 min

Cabinet clears Bills for joint LS, Assembly polls

To be tabled in Parliament in the ongoing session

1 min

RIL, Rosneft ink mega $13-bn oil supply deal

Russian oil major to supply 500K barrels of crude a day

2 mins

'Equity oil, rather than exploration, at core of overseas strategy now'

With crude oil prices near the lower range, state-run ONGC is looking at cost optimisation and profit maximisation. It is targeting 40 million tonne of oil equivalent (mmtoe) of indigenous oil and gas output in the medium term, with production expected to start in a clutch of new fields.

2 mins

Zomato gets fresh ₹803-cr tax notice

FOOD DELIVERY MAJOR Zomato on Thursday said it has received a GST demand order of ₹401.7 crore for non-payment of the tax on delivery charges between October 29, 2019, and March 31, 2022.

1 min

Rebel Foods raises $210 mn in round led by Temasek

CLOUD KITCHEN OPERATOR

1 min

Blinkit forays into quick food delivery market with Bistro

ZOMATO-OWNED BLINKIT is entering the quick food delivery space with its new offering Bistro, aiming to compete with Zepto Cafe and Swiggy's Bolt.

1 min

Switch Mobility drives in 2 e-buses

SWITCH MOBILITY—THE EV subsidiary of Ashok Leyland has introduced a new electric bus Switch EiV12, claimed to be India's first with chassis-mounted batteries, and having a scalable battery capacity of over 400 kWh.

1 min

Makers of auto parts in a fix over EV switch

AUTO COMPONENT MANUFACTURERS, who were asked to set up factories by their clients to support the electric vehicle evolution, find themselves in a tough spot as automakers pivot back to traditional petrol and diesel engine technologies. This shift comes amid slowing EV growth.

1 min

Bluestone files papers for IPO

INTERNET FIRST JEWELLERY brand Bluestone has filed the draft documents for an initial public offer (IPO) with Sebi to raise funds through a combination of fresh issue and offer for sale.

1 min

NBCC to be consultant for 16 projects of Supertech

INSOLVENCY APPELLATE TRIBUNAL NCLAT has appointed state-owned NBCC as a project management consultant to complete debt-ridden realty firm Supertech's 16 real estate projects at a cost of nearly ₹9,500 crore, a move that will provide relief to thousands of homebuyers.

1 min

Panel to flag bad loans

To improve the resolution process, banks have been instructed to closely monitor the top 20 NCLT cases at the MD level, with senior officials, not below the rank of GM, required to attend proceedings.

1 min

Inflation eases sharply to 5.48% in Nov

THE DECLINE IN Indian inflation is when globally many economies have again started experiencing price pressures and China is looking at easing monetary policy through 2025 to simulate growth.

2 mins

Samsung accuses CCI of illegal raid

\"THE ENTIRE SEARCH exercise undertaken...is patently illegal and any material collected thereunder should not be relied upon and should be promptly returned,\" the Indian unit of Samsung Electronics wrote.

1 min

T+0 settlement has few takers

An assessment of Sebi had found that over 90% of equity delivery trades were conducted with advance deposits of cash and securities

1 min

India needs $2.2-trn infra investment by 2030: Report

INDIA WILL REQUIRE an investment of $2.2 trillion for infrastructure development to become a $7-trillion economy by 2030, Knight Frank India said on Thursday, while stressing the need for radical measures to encourage private participation in this area.

1 min

Realtors build hopes on new cities, more launches after tepid H1

REAL ESTATE COMPANIES are looking to increase the number of project launches and add new cities to boost bookings in the second half of FY25, following a muted first half due to elections and other factors.

2 mins

Jubilant FoodWorks falls after Coke bottler deal

SHARES OF JUBILANT FoodWorks fell over 5% on Thursday, a day after the Jubilant Bhartia Group agreed to pick up a 40% stake in Hindustan Coca-Cola Beverages (HCCB).

1 min

Rupee hits new closing low, RBI intervention caps loss

THE RUPEE FELL to an all-time low on Thursday, pressured by a lingering depreciation bias and heightened demand for the US dollar in the non-deliverable forwards (NDF) market, while the intervention from the Reserve Bank of India helped prevent sharp losses.

1 min

Indices settle lower as caution over inflation blunts IT rally

Shares fell on Thursday, weighed by a retreat in all sectors, barring information technology, because of caution ahead of inflation data.

1 min

Sebi trying to reduce float of ₹4.5 lakh cr lying with intermediaries

WITH MEASURES SUCH as T+0 settlement and UPI block mechanism for the secondary market, Sebi is trying to reduce the cash-equivalent collateral of over ₹4.5 lakh crore lying with intermediaries and bring in more transparency, whole-time member Ananth Narayan said on Thursday.

1 min

Macquarie sees 21% upside for Delhivery

SHARES OF LOGISTICS solutions provider Delhivery on Thursday gained nearly 3.2% on the BSE to its intraday high of ₹391.30 as global brokerage firm Macquarie has maintained its 'outperform' rating on the stock along with a 12-month target price of ₹460, implying an upside of more than 21%.

Macquarie sees 21% upside for Delhivery

1 min

Sebi board may widen UPSI scope, tighten SME rules

THE BOARD OF the Securities and Exchange Board of India (Sebi), in its meeting on December 18, is likely to approve a slew of measures, including tighter norms for small and medium enterprises (SME) listing, review of custodian and merchant banker regulations and expansion of the definition of unpublished price sensitive information (UPSI).

1 min

NBFCs mop up over ₹10,000 cr via bonds

FUNDRAISING SPREE

1 min

Transforming education

One of the cornerstones of PM Modi's Viksit Bharat mission is the New Education Policy, which takes a holistic and culture view of education

3 mins

90% vs the rest

Problem is that investments are going mainly to states with a head start in industrialisation

2 mins

Welcome to RBI, Governor Malhotra

RBI SHOULD MANAGE THE FX MARKET IN A WAY THAT PERMITS HIGHER VOLATILITY

2 mins

The need for speed

What Zepto Café needs to do to succeed in a new market

The need for speed

3 mins

Trump named Time's Person of the Year, rings NYSE bell

TIME MAGAZINE ON Thursday named US President-elect Donald Trump its \"Person of the Year,\" citing his deep impact on American politics and the country's role in the world.

Trump named Time's Person of the Year, rings NYSE bell

2 mins

Biden pardons 39, commutes sentences of 1,500 others

OUTGOING US PRESIDENT Joe Biden said on Thursday he was pardoning 39 people convicted of non-violent crimes and commuting the sentences of nearly 1,500 others who were serving long prison terms.

1 min

S Korean President vows a 'fight to the end', bets on allies' support

SOUTH KOREAN PRESIDENT Yoon Suk Yeol said on Thursday he would \"fight to the end\" as his own political party shifted closer to voting with the opposition to impeach him over his short-lived martial law order that threw the US ally into turmoil.

1 min

ECB cuts rate for 3rd straight time as inflation nears 2%

THE EUROPEAN CENTRAL Bank lowered interest rates for a third consecutive meeting, signaling more reductions next year as inflation nears 2% and the economy struggles.

ECB cuts rate for 3rd straight time as inflation nears 2%

1 min

S Korean President vows a 'fight to the end', bets on allies' support

SOUTH KOREAN PRESIDENT Yoon Suk Yeol said on Thursday he would \"fight to the end\" as his own political party shifted closer to voting with the opposition to impeach him over his short-lived martial law order that threw the U.S. ally into turmoil.

1 min

Boeing still struggling to make its best-selling jet - 737 MAX

Since a crippling strike at many of Boeing's US plane factories ended more than a month ago, progress ramping up production of its best-selling 737 MAX jet has been deliberately slow.

2 mins

China vows bigger fiscal spending for economy

BEIJING EYES BIGGEST RATE CUTS IN 10 YRS

2 mins

Aspirational India, states & 16th Finance panel

A new perspective

3 mins

India votes in favour of UN resolution seeking Gaza truce

INDIA VOTED IN favour of a UN General Assembly resolution that demanded an immediate, unconditional and permanent ceasefire in Gaza and reiterated the demand for immediate and unconditional release of all hostages.

1 min

PSUs spur impact across sectors through CSR activities

Public Sector Undertakings accounted for 26.23 per cent of the total CSR spending in FY 21-22, a recent CSR spending report revealed

PSUs spur impact across sectors through CSR activities

3 mins

AI stocks fuel much of bull run since 2022

BIG TECH HAS STAKED SOME OF ITS FUTURE ON AI

3 mins

Food, beverages at airports excessively priced: Flyers

A significant percentage of airline passengers said food and beverages that are sold at airports in the country are \"excessively\" priced, with some passengers paying more than 200% than at organised retail and railway stations, according to a survey.

1 min

At 18, Gukesh is world's youngest chess champion

● Second Indian after Anand to win global title

At 18, Gukesh is world's youngest chess champion

2 mins

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KategorieNewspaper

SpracheEnglish

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