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Financial Express Hyderabad

Challenges mount for ARCs as retail bad loans swell

WIDELY-ACCEPTABLE PRICING MODEL FOR RETAIL NPAs NOT AVAILABLE

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2 mins  |
January 06, 2025
Financial Express Hyderabad

Why housing and urbanisation key to India's growth story

THE RATE OF growth in its urban infrastructure and homes will determine India's overall GDP growth rate.

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2 mins  |
January 06, 2025
Financial Express Hyderabad

Austria heads towards coalition talks by far right after centrists fail

Austria headed on Sunday towards coalition talks led by the far-right Freedom Party (FPO) after efforts to form a government without the party fell apart and prompted Chancellor Karl Nehammer to resign.

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1 min  |
January 06, 2025
Financial Express Hyderabad

Former Greek PM Simitis dies at 88

FORMER GREEK PRIME Minister Costas Simitis, who ushered the country into the European Union's single currency in 2001, died on Sunday aged 88 at his summer house in the Peloponnese.

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January 06, 2025
Financial Express Hyderabad

Ketan Parekh...

HIS LOW PROFILE in the first few years was completely in contrast with Mehta's lifestyle.

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1 min  |
January 06, 2025
Financial Express Hyderabad

Specialty steel PLI window reopens today

THE PLI SCHEME has attracted investment commitments of ₹27,106 crore, direct employment of 14,760 and estimated production of 7.90 million tonne of specialty steel.

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1 min  |
January 06, 2025
Financial Express Hyderabad

UK's Farage should quit as Reform chief: Musk

ELON MUSK SAID Nigel Farage should quit as leader of Britain's right-wing Reform UK party in an abrupt withdrawal of support by the US billionaire for the Brexit campaigner who is trying to shake up the British political establishment again.

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1 min  |
January 06, 2025
Financial Express Hyderabad

Korean court rejects Yoon appeal on warrant: Report

A SOUTH KOREAN court dismissed an appeal by lawyers of Yoon Suk Yeol against an arrest warrant for the impeached president, Yonhap reported on Sunday.

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1 min  |
January 06, 2025
Financial Express Hyderabad

180 mn denied voting right: Bangladesh CEC

BANGLADESH'S CHIEF ELECTION Commissioner AMM Nasir Uddin on Sunday said that almost 180 million people have been denied their voting rights and the Election Commission wants to end their deprivation, The Dhaka Tribune newspaper reported. \"We want to remove the pain of their deprivation. We are steadfast in our commitment,\" he said. -PTI

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1 min  |
January 06, 2025
Financial Express Hyderabad

Foxconn Sales Beat View on AI Demand

TAIWAN'S FOXCONN, THE world's largest contract electronics maker, beat expectations to post its highest-ever revenue for the fourth quarter on continued strong demand for artificial intelligence (AI) servers.

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1 min  |
January 06, 2025
Financial Express Hyderabad

Debt MFs May Get Tax Relief...

SEPARATELY, THE INDUSTRY has sought alignment in holding periods while calculating LTCG for gold-based investments such as gold exchange traded funds (ETFs), gold mutual funds, sovereign gold bonds, and physical gold.

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2 mins  |
January 06, 2025
Financial Express Hyderabad

Startups Turn to Revenue-Based Financing

Among notable beneficiaries are brands like Smoor Chocolates, Imperio Restaurants, and IDC Kitchen, which have utilized RBF for initiatives such as launching new restaurants or cloud kitchens.

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1 min  |
January 06, 2025
Financial Express Hyderabad

Subscription models gaining traction in ride-hailing sector

SUBSCRIPTION-BASED MODELS are gaining popularity in the online ride-hailing sector, with major players like Ola, Uber and Rapido reconfiguring strategies to stay competitive.

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1 min  |
January 06, 2025
Financial Express Hyderabad

Wilmar to emulate ITC post its exit from Adani

ADANI WILMAR (AWL), the country's largest edible oil company, is adopting a strategy similar to ITC's by leveraging its core business and extensive distribution network to drive growth in its high-margin FMCG portfolio after the Adani group exit, according to sources.

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January 06, 2025
Financial Express Hyderabad

Compact EV, New Duster Key to Renault's India Comeback

French carmaker's first EV in the country to be affordable

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2 mins  |
January 06, 2025
Financial Express Hyderabad

Tighter anti-spam norms in a month

TIGHTER REGULATIONS ON curbing spam as well as new consultation examining an authorisation framework for telemarketers are expected in coming weeks, said Trai chairman Anil Kumar Lahoti.

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2 mins  |
January 06, 2025
Financial Express Hyderabad

Renee looks to end this fiscal with up to ₹400-cr topline

In the crowded market of beauty and colour cosmetics brands, direct-to-consumer startup Renee Cosmetics is expecting to double its revenue to ₹350-400 crore by the end of this fiscal.

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2 mins  |
January 06, 2025
Financial Express Hyderabad

Vi unlikely to have aggressive 5G pricing strategy

WITH VODAFONE IDEA (Vi) getting ready to launch its commercial 5G services in March, almost two-and-a-half years after Reliance Jio and Bharti Airtel, all eyes will be on its pricing strategy.

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2 mins  |
January 06, 2025
Financial Express Hyderabad

PLI Schemes Aid Import Substitution: MSMEs, Too, Among Gainers

PRODUCTION-LINKED INCENTIVE (PLI) schemes have generated investments to the tune of ₹1.46 lakh crore so far, with large-scale electronics manufacturing, pharmaceuticals, food processing and telecom & networking products, being the top gainers.

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1 min  |
January 06, 2025
Financial Express Hyderabad

FDI in India growing rapidly, says Goyal

FDI inflows into the country are surging, with investors from the West Asia, Japan, European Union, and the US recognising India's status as a top investment destination, driving rapid economic growth and generating millions of new jobs, commerce and industry minister Piyush Goyal has said.

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1 min  |
January 06, 2025
Financial Express Hyderabad

OMCs may see muted refining margins in FY26

Slippery Path

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2 mins  |
January 06, 2025
Financial Express Hyderabad

CII Wish List: Budget Should Lay Emphasis on Employment Creation

TO BOOST PRODUCTIVITY and foster inclusive growth, the Confederation of Indian Industry (CII) has recommended that the government prioritise employment generation as a central theme in the Union Budget for FY26.

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1 min  |
January 06, 2025
Financial Express Hyderabad

Agri credit scales new high, to cross ₹28 lakh cr in FY25

Seen up 10%; formalisation of rural credit aids process

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2 mins  |
January 06, 2025
Financial Express Hyderabad

No check-in for unwed couples at Oyo hotels

TRAVEL BOOKING MAJOR Oyo has launched a new policy for partner hotels, starting this year from Meerut in Uttar Pradesh, whereby unmarried couples will no longer be welcomed to check in.

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1 min  |
January 06, 2025
Financial Express Hyderabad

Chinese Dam on Table for Sullivan's India Visit

AI, civilian nuclear cooperation, space may also be taken up

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1 min  |
January 05, 2025
Financial Express Hyderabad

Microsoft to spend $80 billion on AI data centers this year

MICROSOFT CORP PLANS to spend $80 billion this fiscal year building out data centers, underscoring the intense capital requirements of artificial intelligence.

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1 min  |
January 05, 2025
Financial Express Hyderabad

Mike Johnson Re-elected US House Speaker

Republican Congressman Mike Johnson on Friday was re-elected as Speaker of the US House of Representatives with a narrow victory margin of three votes.

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1 min  |
January 05, 2025
Financial Express Hyderabad

No jail time for Trump, suggests judge in US hush money case

Will keep fighting, says communications director Cheung

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1 min  |
January 05, 2025
Financial Express Hyderabad

S Korea investigators ask acting prez to clear way for Yoon's arrest

SOUTH KOREAN INVESTIGATORS again asked the country's acting president on Saturday to order the presidential security service to comply with an arrest warrant for impeached President Yoon Suk Yeol.

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1 min  |
January 05, 2025
Financial Express Hyderabad

Rohit clears the air: Not going anywhere

Says those on outside can't influence when he stops playing

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2 mins  |
January 05, 2025