CATEGORIES

Financial Express Ahmedabad

Bigger Capex Loans to States

The Centre has relaxed a clutch of norms regarding the release of interest-free capex loans to the state governments to ensure that the entire sum of ₹1.5 lakh crore earmarked for 2024-25 is fully utilised during the year, and help arrest a decline in public capex.

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1 min  |
January 11, 2025
Financial Express Ahmedabad

E-gaming firms get relief

THE TOP COURT last year allowed a petition of the Centre and transferred to itself pleas, challenging the imposition of 28% GST on e-gaming firms, from 9 high courts for an authoritative pronouncement.

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1 min  |
January 11, 2025
Financial Express Ahmedabad

US slaps toughest sanctions targeting Russian oil revenues

IN BID TO GIVE UKRAINE, TRUMP LEVERAGE

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2 mins  |
January 11, 2025
Financial Express Ahmedabad

L&T chief's advice...

THE YOUNGER GENERATION, many corporate chiefs, believe will want a better work-life balance and companies should respond to their suggestions else they would lose talent.

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1 min  |
January 11, 2025
Financial Express Ahmedabad

How Maha Kumbh Is A Pitching Ground For Brands

\"THIS ONCE-IN-12-YEAR festival represents a prime moment for ITC's brands to connect with millions, blending tradition, culture, and meaningful consumer interactions into this iconic gathering,\" an ITC spokesperson told FE.

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1 min  |
January 11, 2025
Financial Express Ahmedabad

Oil prices rally 3% to touch 3-month high

OIL PRICES RALLIED nearly 3% to their highest in three months on Friday as traders braced for supply disruptions from the broadest US sanctions package targeting Russian oil and gas revenue.

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1 min  |
January 11, 2025
Financial Express Ahmedabad

Any disputed structure should not be called a mosque

AMID A SERIES of temple-mosque disputes, with several suits pending before various courts, UP CM Yogi Adityanath said on Friday that any disputed structure should not be called a mosque.

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1 min  |
January 11, 2025
Financial Express Ahmedabad

SC Status Quo on Well at Sambhal Mosque

THERE WILL BE no worship or holy bath at the well near the Shahi Jama Masjid in Sambhal in Uttar Pradesh.

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1 min  |
January 11, 2025
Financial Express Ahmedabad

Court Tells CBI To Give Pre-Arrest Notice To Karti

A DELHI COURT on Friday directed the CBI to give a three-day prior written notice to Congress MP Karti Chidambaram in a fresh corruption case alleging he gave relief to a liquor company over the duty-free sale of its whisky.

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1 min  |
January 11, 2025
Financial Express Ahmedabad

Capable, but not yet aspirational

ELECTRIC SCOOTER REVIEW: NUMEROS DIPLOS MAX A fine scooter for business, but needs a rethink to attract personal-use buyers

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1 min  |
January 11, 2025
Financial Express Ahmedabad

What's Qualcomm doing with Royal Enfield?

The Qualcomm booth at the Consumer Electronics Show 2025 in Las Vegas this week had an unusual display—a motorcycle by Royal Enfield, called Flying Flea C6.

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1 min  |
January 11, 2025
Financial Express Ahmedabad

Loan against MF units cheaper than personal loan

If a property is to be sold, the loan is paid off from the sale proceeds itself. Only the balance amount will be received in your account. You may use those funds for down payment for the new house.

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1 min  |
January 11, 2025
Financial Express Ahmedabad

Protect insurance payouts from creditors by buying term plan under MWP Act

A TERM INSURANCE plan under the Married Women's Property (MWP) Act will ensure financial protection of the insured's wife and children in his absence.

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2 mins  |
January 11, 2025
Financial Express Ahmedabad

HR disaster

It's nobody's case that hard work isn't necessary but no CEO can expect crazy working hours to be the norm

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2 mins  |
January 11, 2025
Financial Express Ahmedabad

A complex world order

CAN INDIA ADVANCE ITS INTERESTS AS TRUMP TRIES TO MAGA IN A CHANGING WORLD?

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4 mins  |
January 11, 2025
Financial Express Ahmedabad

Securing the future of messaging

SMS heydays are long over, but it remains a weak link in India's digital ecosystem. Rich communication services offer a much-needed solution

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3 mins  |
January 11, 2025
Financial Express Ahmedabad

Apollo weighs $9.5-bn stake in Seven & i buyout

Apollo Global Management is considering taking a substantial stake in a bid by Seven & i's founding Ito family to take the Japanese convenience store operator private, people familiar with the matter said.

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1 min  |
January 11, 2025
Financial Express Ahmedabad

US Unemployment Rate Falls to 4.1%

US JOB GROWTH unexpectedly accelerated in December while the unemployment rate fell to 4.1% as the labor market ended the year on a solid footing, reinforcing the Federal Reserve's cautious approach to interest rate cuts this year.

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1 min  |
January 11, 2025
Financial Express Ahmedabad

LA Wildfires Rage for Third Night, Death Toll Rises to 10

NEARLY 10,000 STRUCTURES GUTTED IN WORST BLAZE IN CITY'S HISTORY

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1 min  |
January 11, 2025
Financial Express Ahmedabad

Hush money case: Trump avoids jail and punishment

US PRESIDENT-ELECT Donald Trump will not go to jail or face any other punishment for his criminal conviction stemming from hush money paid to a porn star, a judge ruled on Friday but said Trump's Jan. 20 inauguration would not erase the jury verdict.

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1 min  |
January 11, 2025
Financial Express Ahmedabad

Fx reserves at 10-month low as rupee pressure mounts

FOREIGN EXCHANGE RESERVES fell for the fifth consecutive week to a 10-month low of $634.59 billion as of January 3, data from the Reserve Bank of India showed on Friday.

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1 min  |
January 11, 2025
Financial Express Ahmedabad

Rupee ends at 85.97 after breaching 86-mark for first time

THE RUPEE DECLINED 11 paise to close at 85.97 against the US dollar on Friday as it failed to resist pressure from a stronger American currency amid huge outflow of foreign funds.

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1 min  |
January 11, 2025
Financial Express Ahmedabad

Liquidity woes prompt RBI to hold largest VRR auction in a year

Banks Seek OMOs, Further Cut In CRR

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2 mins  |
January 11, 2025
Financial Express Ahmedabad

NaBFID Plans Record ₹40K-Cr Fundraising

STATE-OWNED NATIONAL BANK for Financing Infrastructure & Development (NaBFID) is targeting its largest-ever fundraising for the January-March period to back the nation's ambitious growth push.

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1 min  |
January 11, 2025
Financial Express Ahmedabad

SBI chairman for tracking of funds raised by small biz

STATE BANK OF India chairman CS Setty on Friday pitched for the creation of a market infrastructure institution to track the end-use of funds borrowed or raised as equity by small businesses.

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2 mins  |
January 11, 2025
Financial Express Ahmedabad

Capital fundraising to rise 21% this fiscal: Sebi chief

Regulator will soon launch SIPs with a minimum amount of ₹250

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1 min  |
January 11, 2025
Financial Express Ahmedabad

AI-powered healthcare firm Innovaccer raises $275 mn

artificial intelligence-powered healthcare platform Innovaccer has raised $275 million in a Series F funding round, marking its first capital infusion since 2021.

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1 min  |
January 11, 2025
Financial Express Ahmedabad

Byju's staff files ₹177-cr claims

IN THE ONGOING corporate insolvency resolution process of Byju's, employee claims filed as operational creditors have reached ₹177.5 crore, with approximately ₹32.56 crore being provisionally admitted by the resolution professional (RP), according to a document reviewed by FE.

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1 min  |
January 11, 2025
Financial Express Ahmedabad

SpiceJet Set To Bring 10 Planes Back To Service Amid Dip In Operations

The return of these planes will boost the carrier's fleet to 38 aircraft

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2 mins  |
January 11, 2025
Financial Express Ahmedabad

Vi exits Indus with ₹2.8K-cr stake sale

BRITISH TELECOM FIRM Vodafone has sold its entire stake in Indus Towers for ₹2,800 crore, the telecom infrastructure firm said on Friday.

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1 min  |
January 11, 2025