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Financial Express Kolkata

Amazon enters q-commerce race with 15-minute delivery

JOINING THE RUSH

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2 mins  |
December 11, 2024
Financial Express Kolkata

Stand against China-led investment to continue

INDIA WILL CONTINUE to oppose China's move at the World Trade Organisation (WTO) for an agreement on investment facilitation even though it has garnered support from 128 countries out of 166 members, a senior official said.

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1 min  |
December 11, 2024
Financial Express Kolkata

HDFC Bank takes huge office space on lease in Navi Mumbai

HDFC BANK HAS leased 416,000 sq ft of office space in the Gigaplex complex, located in the Mindspace property of K Raheja Corp in Airoli, Navi Mumbai, for a period of 10 years.

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1 min  |
December 11, 2024
Financial Express Kolkata

List of approved solar models & makers issued

The government on Monday issued an order to include solar cells under the ambit of Approved List of Models and Manufacturers (ALMM) effective from June 1, 2026, a measure aimed to boost domestic manufacturing of solar cells and reduce dependency on Chinese imports.

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1 min  |
December 11, 2024
Oppn submits motion to remove Dhankhar
Financial Express Kolkata

Oppn submits motion to remove Dhankhar

IN A FIRST, parties of the INDIA opposition bloc on Tuesday submitted a notice to bring a motion in Rajya Sabha for the removal of Vice President Jagdeep Dhankhar, accusing him of \"partisan\" conduct as the chairman of the Upper House.

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1 min  |
December 11, 2024
Financial Express Kolkata

National Broadband Mission 2.0 in the works

The Department of Telecommunications (DoT) is working on the next leg of the National Broadband Mission to improve connectivity, quality of services, increase broadband penetration, and infrastructure in the country.

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1 min  |
December 11, 2024
Financial Express Kolkata

India to defend fishing subsidies at WTO meet

INDIA HAS POINTED out that its per capita subsidies to farmers amount to just $35 a year as compared to $76,000 that some of the biggest fishing economies provide and the World Trade Organisation (WTO) should look at per capita rather than aggregate support for fisheries as the trade regulating body discusses further measures to tackle overfishing.

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1 min  |
December 11, 2024
Financial Express Kolkata

S&P Global: India set for 'resilient' growth in 2025

THE INDIAN ECONOMY is set for resilient growth in 2025 on the back of strong urban consumption, steady service sector growth, and ongoing investment in infrastructure, S&P Global Ratings has said in its 'India Outlook for 2025' note.

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1 min  |
December 11, 2024
Rail freight loading trails modest Budget estimates
Financial Express Kolkata

Rail freight loading trails modest Budget estimates

• Just 2.1% growth in April-Nov despite no increase in tariffs

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2 mins  |
December 11, 2024
Financial Express Kolkata

Inoperative Jan Dhan accounts have ₹14,750 cr balance

INOPERATIVE BANK ACCOUNTS under Pradhan Mantri Jan Dhan Yojana (PMJDY) have a balance of ₹14,750 crore as of November 20, 2024, the finance ministry informed Rajya Sabha on Tuesday.

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1 min  |
December 11, 2024
Financial Express Kolkata

Industry body seeks separate policy for stainless steel sector

INDUSTRY BODY ISSDA has urged the government to formulate a separate policy for the stainless steel industry.

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1 min  |
December 11, 2024
Financial Express Kolkata

Highway construction declines 6.6% on year

HIGHWAY CONSTRUCTION IN the first eight months of this fiscal stood close to 4,900 km, which is 6.6% lower than 5,248 km in the same period last year.

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1 min  |
December 11, 2024
PM to lay out plan for socio-economic growth
Financial Express Kolkata

PM to lay out plan for socio-economic growth

● Agenda includes jobs, manufacturing, and MSMEs

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1 min  |
December 11, 2024
Financial Express Kolkata

Retail inflation likely fell sharply to 5.6% in Nov

● Decline was mainly due to cooling of vegetable prices

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1 min  |
December 11, 2024
Financial Express Kolkata

SVOD audience falls 2% in India: Report

INDIA'S SUBSCRIPTION VIDEO-ON-DEMAND (SVOD) audience base has witnessed a slight decline, dropping by 2%, from 153 million in 2023 to 150.6 million in 2024, according to The Ormax SVOD Audience Report: 2024.

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1 min  |
December 10, 2024
Financial Express Kolkata

Omnicom takes aim at Big Tech, AI with $13-bn Interpublic deal

OMNICOM GROUP HAS struck a $13.25 billion all-stock deal to buy rival Interpublic, creating the world's largest advertising agency as traditional players look to better compete with Big Tech firms amid accelerating use of AI.

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1 min  |
December 10, 2024
Financial Express Kolkata

Verdict is clear: Mega merger unlikely to threaten WPP's stupendous lead in India

Globally, Omnicom is the bigger of the two partners; but in India, IPG is at least three times larger than Omnicom, and WPP is double the size of IPG

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2 mins  |
December 10, 2024
Financial Express Kolkata

Luxury property market is a boon to Trump's biz

WHEN DONALD J. Trump started his first campaign for the presidency, two Trump-branded buildings were going up in India, one in the financial capital of Mumbai and the other nearby in Pune.

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3 mins  |
December 10, 2024
Financial Express Kolkata

FY25 Budget shows ways to build an efficient workforce

OUR NATION CONSTANTLY offers us opportunities, both as private citizens and businesses, to shape its growth trajectory.

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3 mins  |
December 10, 2024
Financial Express Kolkata

IT sector hiring may grow 20% in 2025

THE IT SECTOR, which is on the path of recovery, is expected to witness 15-20% growth in job opportunities across various industries in 2025, talent solutions company NLB Services said.

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1 min  |
December 10, 2024
Financial Express Kolkata

MFI disbursals drop 10% in Q2 as credit quality takes a hit

DISBURSEMENTS BY MICROFINANCE institutions dropped by more than 10% in the July-September period compared to the year-ago period as the industry started witnessing stress on asset quality, according to data shared by a self-regulatory organisation.

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1 min  |
December 10, 2024
Financial Express Kolkata

India monitoring Syria situation, calls for stability

A DAY AFTER rebel forces overthrew President Bashar Assad's authoritarian government in Syria, India on Monday joined leading nations to call for stability and preserve the unity, sovereignty and territorial integrity of the Arab nation.

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1 min  |
December 10, 2024
Financial Express Kolkata

Sanjay Malhotra to succeed Shaktikanta Das as next RBI governor

While the growth in gross domestic product (GDP) plunged to a seven-quarter low of 5.4% in the second quarter of the current fiscal and demand looked weak, the RBI maintained its \"neutral\" stance.

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2 mins  |
December 10, 2024
Financial Express Kolkata

CVC offers to buy software firm in $1.2-billion deal

SHARES IN GERMAN healthcare software provider CompuGroup Medical surged 30% on Monday after the company said investor CVC Capital Partners has offered to acquire it and take it off the stock exchange.

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1 min  |
December 10, 2024
Financial Express Kolkata

South Korean prez barred from travelling abroad

SOUTH KOREAN PRESIDENT Yoon Suk Yeol has been banned from leaving the country over a failed attempt at imposing martial law, a justice ministry official said on Monday, amid growing calls for him to step down and a deepening leadership crisis.

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1 min  |
December 10, 2024
Financial Express Kolkata

Policy shift spurs surge in stocks, bond

STOCKS JUMPED AND China's government bonds rallied after the Politburo shifted its monetary policy stance to imply more easing is coming, mirroring moves made in previous crises.

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1 min  |
December 10, 2024
Financial Express Kolkata

Chipmaker Nvidia faces Chinese probe

CHINA ON MONDAY said it has launched an investigation into Nvidia Corp over suspected violations of the country's anti-monopoly law, in a move that will likely be seen as a retaliatory move against Washington's recent chip curbs.

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1 min  |
December 10, 2024
Financial Express Kolkata

Gallagher to buy Assured Partners in $13.45-bn deal

ARTHUR J GALLAGHER said on Monday it would acquire insurance broker Assured Partners in an all-cash deal worth $13.45 billion, as it looks to bolster its focus on property and casualty and employee benefits across the U.S.

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1 min  |
December 10, 2024
Financial Express Kolkata

China signals bolder stimulus as Trump returns to power

● Shift from 'prudent' strategy to come after 14 years

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1 min  |
December 10, 2024
CEAT: Focus on off-highway tyres
Financial Express Kolkata

CEAT: Focus on off-highway tyres

Camso deal to also strengthen company's portfolio in tracks

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1 min  |
December 10, 2024