Financial Express Pune - January 28, 2025
Financial Express Pune - January 28, 2025
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In dieser Angelegenheit
January 28, 2025
RBI steps in to inject liquidity
THE BAZOOKA
1 min
Goyal Discusses Advancing FTA Negotiations with Oman
TRADE MINISTERS OF India and Oman on Monday reviewed the progress of a proposed trade agreement between the two countries and focused on advancing the negotiations for the pact.
1 min
Modi to open Odisha investment meet today
PRIME MINISTER NARENDRA Modi will open the two-day \"Utkarsh Odisha — Make in Odisha Conclave 2025\" in the state's capital Bhubaneswar on Tuesday.
1 min
Projects Worth ₹10L Cr Unveiled at UP Investor Meet on Track: Minister
Of the ₹33.5-lakh-crore investments committed at the Uttar Pradesh Global Investors Summit in February 2023, the work on proposals worth ₹10 lakh crore has already begun, the state's industry minister said.
1 min
Scheme to bear transportation cost of farm produce under discussion
The Centre is in talks with states to develop a scheme to finance or reimburse the cost of transportation of agricultural commodities from producing regions to consumption points for the benefit of farmers as well as consumers, Union agriculture minister Shivraj Singh Chouhan said on Monday.
1 min
Upfront release of food subsidy helps cut FCI's PDS cost
● Corporation not to take short-term loans this fiscal
1 min
Govt puts privatisation plans of 9 state-run firms on hold
THE GOVERNMENT is pouring billions into ailing state-run firms after slowing ambitious divestment plans that were intended to reduce the role of the state in business, according to government sources and a document reviewed by Reuters.
1 min
Gross tax revenue growth to be pegged at 10.5-11%
THE UNION BUDGET for FY26 is likely to target a gross tax revenue (GTR) growth of 10.5-11% over the revised estimates (RE) of FY25, according to official sources.
2 mins
Waqf panel clears NDA MPs' 14 amendments
FROM RELAXING THE six-month window to register Waqf properties on a portal; replacing the district collector with a state official to be the arbiter on whether a property is Waqf property or government land; to having one member in the Waqf tribunal with \"knowledge of Muslim law and jurisprudence\" — the Joint Committee of Parliament (JCP) examining the Waqf (Amendment) Bill, 2024, has approved key changes to the proposed legislation.
1 min
Indian Oil's Q3 net profit slumps 77%
● Under-recovery on LPG sales hits revenue growth
1 min
Lower gas allocation dents IGL Q3 profit
Indraprastha Gas on Monday reported a fall of 31.5% in its consolidated net profit for the third quarter of the current financial year at ₹325.42 crore against ₹475.45 crore in the same period of FY24.
1 min
Coal India registers 17.5% dip in profit at ₹8,491 crore
The company's off-take of coal also increased by 2% to 560.62 MT from 551.88 MT during the same period of FY24
1 min
Coffee Island enters India, set to redefine specialty coffee
EUROPEAN COFFEE CHAIN Coffee Island, in partnership with Vita Nova Group, on Monday entered the Indian market, by opening its first outlet at HQ27 in Gurugram. It aims to introduce a distinctive European coffee culture to a burgeoning specialty coffee segment.
1 min
Lodha brothers feud: Bombay HC proposes mediation route
The court said since the matter is between the two brothers, efforts should be made to resolve the dispute mutually
1 min
Sridhar Vembu steps down as Zoho CEO, assumes chief scientist role
ZOHO CORP FOUNDER Sridhar Vembu on Monday announced his decision to step down as CEO, bringing an end to nearly three decades at the helm of the business software giant he built into a multibillion-dollar enterprise.
2 mins
Tata Steel Q3 profit drops 43% to ₹295 cr
TATA STEEL on Monday reported a 43.4% decline in consolidated net profit to ₹295.49 crore for the quarter ended on December 31, 2024, due to lower income.
1 min
TCS skips BSNL 5G tender; Tejas, two local players only bidders
TATA CONSULTANCY SERVICES (TCS), which is deploying BSNL 4G sites, has skipped the state-owned telecom operator's tender to launch 5G services in Delhi. BSNL has received bids from three companies - Tejas Networks, Lekha Wireless and Galore Network - to roll out indigenous 5G in standalone (SA) architecture across 1,876 sites in Delhi, sources said.
2 mins
JSW Group to invest ₹2,600 cr in copper mines, plant in Jharkhand
Non-Ferrous Metals in Focus
1 min
Adani Wilmar Q3 profit more than doubles to ₹411 crore
ADANI WILMAR ON Monday posted over twofold jump in consolidated net profit at ₹410.93 crore for December quarter 2024-25 on strong edible oil sales.
1 min
Swiggy, Zomato operationalise payments methods
NEW PAYMENT METHODS have been operationalised on the mobile applications of Swiggy and Zomato's Blinkit.
1 min
With recent deals, JSW Energy looks to raise capacity targets
Power Play
2 mins
Juspay set to become first unicorn of 2025
● On track to close $150-mn round
1 min
Amid EV push, Tata Motors looks at hydrogen and LNG options
AS THE NOISE around electric vehicles (EVs) refuses to abate despite sluggishness in demand, Tata Motors is strengthening capabilities in other fuel technologies in trucks and buses, which would help accelerate their adoption on a mass scale.
1 min
At ₹1 lakh round trip, airfares skyrocket for Maha Kumbh
Though the Directorate General of Civil Aviation (DGCA) urged airlines last week to rationalise fares on the Prayagraj route by adding more capacity, a look at spot airfares on the route throws up a contrasting picture.
2 mins
With ₹39-crore profit, Piramal Enterprises back in black
PIRAMAL ENTERPRISES on Monday reported a net profit of ₹39 crore for the third quarter ended December.
1 min
Federal Bank Q3 net profit declines 5%
FEDERAL BANK ON Monday reported a 5% year-on-year decline in its net profit for the third quarter at ₹955 crore, impacted by higher bad loan provisioning.
1 min
Canara Bank Q3 net profit climbs 12%
NII DECLINES, NIM UNDER STRESS
1 min
BOI Sitting Pretty on ₹60K-cr Corporate Credit Pipeline: MD
BANK OF INDIA has a corporate loan pipeline of ₹60,000 crore, said Rajneesh Karnatak, managing director and chief executive officer, in the post-earnings call.
1 min
RBI Governor Flags Rise in Digital Frauds
RESERVE BANK OF India (RBI) governor Sanjay Malhotra on Monday flagged the rise in digital frauds and advised banks to establish robust and proactive systems to thwart such attempts.
1 min
RBI's bond purchases bring yields to three-year lows
Support May Be at 6.65%
2 mins
Applications Invited for Sebi Chief Post; Buch's Tenure Ends on February 28
JUST A MONTH ahead of the completion of the tenure of the Securities and Exchange Board of India (Sebi) chairperson Madhabi Puri Buch, the government on Monday invited applications to appoint a new chief.
1 min
Concerns in capital account trend
MONETARY POLICY INDEPENDENCE WILL BE TESTED
4 mins
Focus on smaller players
Budget should look at removing policies that end up breeding local monopolies
2 mins
Skip the hype, here's how AI 'agents' can really help
SO-CALLED AGENTS are meant to be the next big thing in artificial intelligence this year.
3 mins
Why Telcos Can't Afford to Serve Rural India
A decentralised solution with low capital expenditure for a smaller group of customers could be a possible business model
2 mins
Another steady quarter from ICICI Bank
● Unsecured retail portfolio to grow in near-to-medium term
2 mins
Godrej Consumer Products: Strong volume growth
To gain mkt share in home insecticides and emerging segments
1 min
IndiGo Charts a Positive Outlook
● The airline will add 2 new international destinations by FY25
1 min
Pakistan Cuts Interest Rates by 100 bps
PAKISTAN CUT ITS benchmark interest rate to the lowest in almost three years as cooling inflation provides space for policymakers to bolster growth.
1 min
Musk says $1-mn poll giveaway not illegal lottery
ELON MUSK ASKED a federal judge to dismiss a proposed class action by voters who said the world's richest person defrauded them into signing a petition to support the U.S. Constitution for a chance to win his $1 million-a-day giveaway.
1 min
RBI steps in to inject...
In a separate release, the RBI announced the OMO purchase of 7.59% 2029, 7.18% 2033, 7.10% 2034, 6.79% 2034 and 7.18% 2037 bonds for an aggregate amount of ₹20,000 crore.
1 min
Nvidia's $465-bn rout is largest in market history
'Sputnik moment' for AI firms
1 min
China's DeepSeek Leaps to Number One on App Store
DOMINO EFFECT: CHATBOT SPARKS MARKET TURMOIL FOR RIVALS
1 min
Markets in red over DeepSeek
The S&P 500 dropped 1.5% while the Nasdaq 100 was down about 2.5%.
1 min
China's AI startup to face India test
Since the 2020 border clashes with China, the government has been restricting Chinese technology as they do not fall under trusted category sources.
2 mins
Core income boosts Union Bank profit
UNION BANK OF India on Monday reported a 28% increase in its net profit at ₹4,604 crore for the third quarter ended December 2024, helped by an improved core income.
1 min
Credit cards more than doubled in 5 yrs: Report
The number of credit cards more than doubled to around 108 million in five years through December 2019, but the number of debit cards has remained relatively stable, says a Reserve Bank report released on Monday.
1 min
Indian Media Giants Turn Up Copyright Heat on OpenAI
Under Scrutiny
1 min
Uttarakhand Becomes First State to Implement UCC
BJP-ruled Uttarakhand on Monday became the first state in independent India to implement the Uniform Civil Code, which promotes equal laws for every citizen across all religions and standardizes personal laws on marriage, divorce and property.
1 min
Study of children with long Covid reveals 'distinct proteins' in blood
AN ANALYSIS OF blood samples of children and teenagers with long Covid has revealed a \"distinct protein signature in plasma\", which researchers say can help develop a blood test for diagnosis.
1 min
Financial Express Pune Newspaper Description:
Verlag: The Indian Express Ltd.
Kategorie: Newspaper
Sprache: English
Häufigkeit: Daily
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