CATEGORIES

Financial Express Pune

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.

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1 min  |
December 27, 2024
Financial Express Pune

Speed is of the essence

● Service providers must amp up reach to expand market

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3 mins  |
December 27, 2024
Financial Express Pune

Corruption vs capability in PLA

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

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4 mins  |
December 27, 2024
Financial Express Pune

Resilience or stress?

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

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2 mins  |
December 27, 2024
Financial Express Pune

Transforming agricultural research

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

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3 mins  |
December 27, 2024
Financial Express Pune

Can Biden's green boom survive Trump's wrecking ball?

THE ENERGY TRANSITION sustained an electoral trauma as 2024 drew to a close. The incoming administration of President-elect Donald Trump promises to undo at least some of the progress made on decarbonisation under President Joe Biden.

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3 mins  |
December 27, 2024
Financial Express Pune

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.

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1 min  |
December 27, 2024
Financial Express Pune

Nippon extends $15-bn US Steel deal deadline

JAPAN'S NIPPON STEEL said on Thursday it has extended the closing date for its $14.9 billion purchase of US Steel as US President Joe Biden weighs whether to block a deal that has faced intense opposition since it was announced.

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1 min  |
December 27, 2024
Financial Express Pune

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

POLICYMAKERS PLEDGE MORE STIMULUS TO KEEP GROWTH STABLE IN 2025

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2 mins  |
December 27, 2024
Financial Express Pune

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.

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1 min  |
December 27, 2024
Financial Express Pune

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.

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1 min  |
December 27, 2024
Financial Express Pune

Trump's Bitcoin promise hard to keep

Can He Deliver?

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1 min  |
December 27, 2024
Financial Express Pune

Five Palestinian Scribes Killed

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

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1 min  |
December 27, 2024
Financial Express Pune

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.

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1 min  |
December 27, 2024
Financial Express Pune

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.

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1 min  |
December 27, 2024
Financial Express Pune

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.

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1 min  |
December 27, 2024
Financial Express Pune

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.

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1 min  |
December 27, 2024
Financial Express Pune

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

Reduction In GNPAs, Lower Slippages

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2 mins  |
December 27, 2024
Financial Express Pune

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.

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2 mins  |
December 27, 2024
Financial Express Pune

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.

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1 min  |
December 27, 2024
Financial Express Pune

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.

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1 min  |
December 27, 2024
Financial Express Pune

Demand shift pushes small cars to oblivion

High Prices A Major Speed-Breaker

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2 mins  |
December 27, 2024
Financial Express Pune

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.

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2 mins  |
December 27, 2024
Financial Express Pune

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.

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1 min  |
December 27, 2024
Financial Express Pune

Slew of laws likely to fix insolvency

THE COMING YEAR will likely see significant changes to the insolvency resolution regime for better operational efficiency and output, in a break from the slowdown seen in the past year.

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3 mins  |
December 27, 2024
Financial Express Pune

Coal plant growth holds near 5-yr high

Power Capacity

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1 min  |
December 27, 2024
Financial Express Pune

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.

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1 min  |
December 27, 2024
Financial Express Pune

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.

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1 min  |
December 27, 2024
Financial Express Pune

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.

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1 min  |
December 27, 2024
Financial Express Pune

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.

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1 min  |
December 27, 2024