CATEGORIES

Financial Express Mumbai

'Unusual' surge in November gold imports under govt lens

WITH GOLD IMPORTS reaching an all-time high of $14.86 billion in November, the commerce ministry is examining the data; if there is any error in the compilation, an official said on Wednesday.

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2 mins  |
December 19, 2024
Financial Express Mumbai

Higher EPFO pension: Firms can file wage info till Jan 31

THE EMPLOYEES' PROVIDENT Fund Organisation (EPFO) has extended the time for uploading requisite wage details of members by employers till January 31, 2025, to avail pension on higher wages, the labour ministry said in a statement.

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1 min  |
December 19, 2024
Financial Express Mumbai

Trump tariff threats to open market access talks

Experts call for a targeted reduction of levy by India, with policies to boost manufacturing

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3 mins  |
December 19, 2024
Financial Express Mumbai

Net direct tax collections grow 16% to ₹15.82 lakh cr

NET DIRECT TAX collection grew 16.45% year-on-year to over ₹15.82 lakh crore till December 17 this financial year, buoyed by higher advance tax mop-up, government data showed.

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1 min  |
December 19, 2024
NHPC in talks with Bhutan for hydel JV
Financial Express Mumbai

NHPC in talks with Bhutan for hydel JV

STATE-RUN NHPC IS in discussion with the Bhutan government to form a joint-venture company to undertake hydropower projects in the Himalayan country, a senior executive of the Indian hydropower major told FE.

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1 min  |
December 19, 2024
Investments will drive FY26 growth to 6.6%: Ind-Ra
Financial Express Mumbai

Investments will drive FY26 growth to 6.6%: Ind-Ra

INDIA RATINGS AND Research (Ind-Ra) has projected India's economy to grow 6.6% in FY26, which is 20 basis points (bps) higher than its forecast for FY25, driven by a pick-up in investments.

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1 min  |
December 19, 2024
Financial Express Mumbai

Will GST Council play Santa? All eyes on Saturday's meet

Finance ministers of states will also make pre-Budget proposals

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2 mins  |
December 19, 2024
2W sales skid sharp 19% in Dec
Financial Express Mumbai

2W sales skid sharp 19% in Dec

RETAIL SALES OF two-wheelers are headed for their first December drop in two years with the first half of the month registering a sharp 19% year-on-year fall, according to data sourced from the government's Vahan portal.

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1 min  |
December 19, 2024
Financial Express Mumbai

Trump threatens to impose reciprocal tariffs on India

US PRESIDENT-ELECT DONALD Trump has said that India charges \"a lot\" of tariffs, reiterating his intention to impose reciprocal tariffs in retaliation for what New Delhi will impose on the import of certain American products.

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2 mins  |
December 19, 2024
Financial Express Mumbai

Sebi tightens SME listing regulations

Performance validation agency PaRRVA set up

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2 mins  |
December 19, 2024
Financial Express Mumbai

IIT-Madras to offer fine arts, culture courses

IN A FIRST for Indian Institutes of Technology (IITs), IIT-Madras on Tuesday said it would offer two supernumerary seats in each undergraduate programme to students who have achieved excellence in fine arts and culture, starting from the upcoming academic session.

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1 min  |
December 18, 2024
Financial Express Mumbai

The world's busiest airline routes in 2024 are largely in Asia

Leisure continues to outshine corporate trips

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1 min  |
December 18, 2024
Panel suggests LS elections template for entrance tests
Financial Express Mumbai

Panel suggests LS elections template for entrance tests

DRAWING PARALLELS WITH the conduct of general elections, a high-level committee—set up by the Education ministry and chaired by former ISRO chief K Radhakrishnan—has proposed a similar framework for holding important national entrance tests to ensure transparency.

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1 min  |
December 18, 2024
Financial Express Mumbai

DPIIT inks pact with HDFC Bank

THE DEPARTMENT FOR Promotion of Industry and Internal Trade (DPIIT) on Tuesday said it has inked pacts with HDFC Bank and Tally Solutions to help startups grow.

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1 min  |
December 18, 2024
Financial Express Mumbai

Siddique murder: Court sends accused to police custody till Dec 20

A SPECIAL COURT in Mumbai on Tuesday remanded five accused arrested in NCP leader Baba Siddique's murder case to police custody till December 20 after investigators said they need to interrogate them about an absconding accused and the weapons used in the crime.

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1 min  |
December 18, 2024
PM: Cong fanned water disputes among states
Financial Express Mumbai

PM: Cong fanned water disputes among states

FIRST ANNIVERSARY OF BJP GOVT IN RAJASTHAN

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2 mins  |
December 18, 2024
Financial Express Mumbai

SME IPOs fetch rich returns in Dec

THE SME IPO market continues to see heightened interest and is delivering multibagger returns despite being under the lens of the markets regulator.

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1 min  |
December 18, 2024
KYC masking to go live on Jan 20
Financial Express Mumbai

KYC masking to go live on Jan 20

IN A MOVE that provides relief to financial institutions, the Central KYC Records Registry has extended the deadline for masking Know Your Customer (KYC) documents to January 20 next year.

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1 min  |
December 18, 2024
Financial Express Mumbai

Trudeau govt adrift after FM quits, Trump tariffs loom

The abrupt resignation of Canada's finance minister leaves the government adrift less than a month before the inauguration of a new US administration that could impose crippling sanctions on Canadian exports.

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1 min  |
December 18, 2024
Financial Express Mumbai

Broadcom's 'Nvidia moment' has arrived. Now it needs to deliver

Broadcom's massive rally after last week's earnings report is reminiscent of when Nvidia Corp. shares first started to take off back in 2023.

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2 mins  |
December 18, 2024
Financial Express Mumbai

Lanka bondholders sign off on $12.55-bn debt overhaul

SRI LANKA'S BONDHOLDERS SIGNED off on the government's proposal to restructure its $12.55 billion of international bonds, a key step in finalising the island nation's debt overhaul.

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1 min  |
December 18, 2024
Ukraine kills Russian chemical weapons chief in Moscow blast
Financial Express Mumbai

Ukraine kills Russian chemical weapons chief in Moscow blast

A top Russian general accused by Ukraine of being responsible for the use of chemical weapons against Ukrainian troops was assassinated in Moscow by Ukraine's SBU intelligence service on Tuesday morning in the most high-profile killing of its kind.

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1 min  |
December 18, 2024
TikTok turns to top US court in last-ditch attempt to avert ban
Financial Express Mumbai

TikTok turns to top US court in last-ditch attempt to avert ban

TikTok made a last-ditch effort on Monday to continue operating in the United States, asking the Supreme Court to temporarily block a law intended to force ByteDance, its China-based parent company, to divest the short-video app by Jan. 19 or face a ban.

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1 min  |
December 18, 2024
Financial Express Mumbai

China plans record budget deficit of 4% of GDP in 2025

New plan compares with an initial target of 3% of 2024 GDP

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1 min  |
December 18, 2024
Financial Express Mumbai

Wang, Trump raise prospects of US-China working together

CHINA'S TOP DIPLOMAT said on Tuesday he hoped the incoming Trump administration would \"make the right choice\" and work with Beijing, hours after Donald Trump told reporters the Covid-19 pandemic had strained his relationship with \"friend\" Xi Jinping.

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2 mins  |
December 18, 2024
Financial Express Mumbai

Line of control

When should a brand stop trying to jolt the audience?

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1 min  |
December 18, 2024
The upkeep of urban infrastructure
Financial Express Mumbai

The upkeep of urban infrastructure

Creative financial solutions, such as charging fees for high-emission vehicles, can help alleviate toll burdens for city natives while keeping urban infrastructure viable

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3 mins  |
December 18, 2024
Transforming rural health systems
Financial Express Mumbai

Transforming rural health systems

ADDRESSING THE RURAL-URBAN HEALTHCARE DIVIDE REQUIRES A SYSTEMS-FOCUSED APPROACH

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4 mins  |
December 18, 2024
Porsche billionaires are in a tight spot, again
Financial Express Mumbai

Porsche billionaires are in a tight spot, again

PORSCHE AUTOMOBIL HOLDING SE sure knows how to do drama. Last week, the listed holding of the Porsche and Piech families warned it may have to book up to €22 billion ($23 billion) of impairments amid a decline in the market value of its 31.9% stake in Volkswagen AG and 12.5% economic interest in the Porsche AG automaker.

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3 mins  |
December 18, 2024
Financial Express Mumbai

Wealth tax: A bad idea

More revenue is needed for health and education, but Piketty's recommendation is problematic

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2 mins  |
December 18, 2024