Financial Express Mumbai - March 17, 2025

I denne utgaven

March 17, 2025

AI being used for collusion: CCI chief

ARTIFICIAL INTELLIGENCE (AI) is being used for \"collusion\" by sections of Indian industry, Ravneet Kaur, chairperson of the Competition Commission of India (CCI), said on Sunday, adding that the regulator would equip itself to deal with it.

2 mins

Hyundai plans to ride small EV to top

AIMING FOR THE top position in the electric vehicle (EV) space, South Korean car brand Hyundai is planning to add a compact EV to its India line-up.

2 mins

Fashion seasons get shorter: Cut, stitch & sell in a month

FASHION RETAILERS INCLUDING Arvind Fashions, Trent, Blackberrys, and Madura Fashion & Lifestyle are presenting collections almost every month these days.

3 mins

Market access worry prompts industry's zero-for-zero pitch

THE US GOVERNMENT'S reciprocal tariff threat seems to have finally prompted Indian industry to give up on its craving for protection.

4 mins

MSME credit cover of ₹1.5 L cr on the cards

THE CENTRE IS targeting credit guarantee covers worth up to ₹1.5 lakh crore for micro, small and medium enterprises in 2025-26.

1 min

Govt plans fresh review of highway monetisation under TOT model

Move amid concerns over lower returns for govt, NHAI

2 mins

Govt in no hurry to bring digital competition law

THE GOVERNMENT IS not in a hurry to bring the digital competition law, minister of state for corporate affairs Harsh Malhotra said on Sunday.

1 min

Textile units under lens for GST evasion

CENTRAL GOODS AND services tax (CGST) officials have recently investigated more than two dozen textile manufacturing companies across the country for misclassifying processing activities, and subsequently paying lesser tax.

1 min

Power demand rises 3% in February

INDIA'S POWER DEMAND in February increased 3.1% year-on-year, driven by rising temperatures and higher consumption, according to Crisil.

2 mins

India, New Zealand resume FTA negotiations after a decade

AFTER A GAP of nearly 10 years, India and New Zealand on Sunday announced resumption of negotiations for a proposed free trade agreement (FTA) to boost economic ties.

2 mins

Centre sanctions a record 4.5 MT pulses procurement

WITH MANDI PRICES ruling below the minimum support price (MSP) due to robust crop prospects, the agriculture ministry has sanctioned the purchase of a record 4.5 million tonne (MT) of pulses from farmers under the price support scheme (PSS) for the 2024-25 marketing season.

1 min

PMLA: ED Attaches ₹21,370-Cr Assets

As of December 2024 in FY25, the ED has attached proceeds of crime, under the prevention of money laundering act PMLA, with the aggregate value of ₹21,370 crore by issuance of 227 provisional attachment orders.

1 min

Trump has clear road map: PM

• India is working with China to restore pre-2020 status, says Modi

2 mins

Bizongo eyes own warehouse network

AS IT EYES the unicorn status, business-to-business (B2B) raw materials marketplace Bizongo, which is currently valued at $980 million, is enhancing its logistics vertical to boost its platform capabilities.

1 min

AI boom drives SaaS startups towards vertical offerings

THE ARTIFICIAL INTELLIGENCE (AI) boom is reshaping the software-as-a-service (SaaS) industry, pushing companies to shift from broad, cross-industry solutions to domain-specific vertical SaaS offerings.

2 mins

Apple to Make Airpods at Foxconn's Hyderabad Unit for Exports

APPLE IS PLANNING to start production of AirPods for exports at the Foxconn plant in Hyderabad from April, sources said.

1 min

Navi Mumbai airport to be inaugurated in June: Adani

THE UPCOMING NAVI Mumbai International Airport will be inaugurated in June, Adani Group chairman Gautam Adani said on Sunday.

1 min

Study-abroad platforms target foreign students for growth

WITH THE NUMBER of Indian students opting to study abroad seeing a sharp drop, Indian study-abroad platforms are increasingly diversifying their business models by expanding into international markets.

1 min

Rapido looks to undercut Swiggy, Zomato duopoly

RIDE-HAILING PLATFORM Rapido is in advanced talks with restaurants and industry associations across four major metro cities to challenge the dominance of Swiggy and Zomato, which together command an estimated 95% market share.

1 min

Bangladesh HC upholds death penalty of 20 students

THE HIGH COURT on Sunday upheld a trial court verdict handing down the death penalty to 20 students of an elite university in Dhaka for beating to death a fellow second-year student over his alleged political affiliation in 2019.

1 min

3 Paramilitary Personnel, 2 Civilians Killed in Attack in Balochistan

FIVE PEOPLE, INCLUDING three Frontier Corps (FC) personnel, were killed and 30 injured after a paramilitary convoy was attacked by suspected Baloch militants on a highway in Noshki district of Balochistan, Pakistan on Sunday.

1 min

Russia Can't Decide on Ukraine Troops: Macron

THE STATIONING OF peacekeeping troops in Ukraine, as proposed by Britain and France as part of a ceasefire agreement with Russia, is a question for Kyiv to decide and not Moscow, French President Emmanuel Macron said in an interview.

1 min

Trump Orders Military Strikes on Houthi Fighters in Yemen

US President Donald Trump ordered military attacks against sites in Yemen controlled by the Iranian-backed Houthi militia after months of disruption to shipping lanes in the Red Sea.

1 min

Recent market volatility a learning curve for new investors

President Donald Trump's tariffs have been keeping stock markets on tenterhooks in the past few months.

3 mins

Focus is on employee well-being: IBA chief

IN HIS FIRST letter to bank unions and federations after assuming charge as the chief executive of the Indian Banks' Association (IBA), Atul Goel has unveiled a four-pronged agenda for employee wellness as well as creating a fair, supportive and empowering workplace environment for employees.

1 min

Trump's trade salvos test nerves of central bankers

AN ANXIOUS SENSE of wait-and-see may emerge from central banks in the coming week, in their first collective assessment of how US President Donald Trump's trade policies are impacting the world economy.

1 min

Gurugram B-school takes on IIMs in salaries

TILL LAST YEAR, few people — even within the academic fraternity — would have heard about Masters' Union School of Business. This year — its founder Pratham Mittal told FE — it's highly likely that placement cells of IIMs would have been tracking salary packages of the young B-school's students.

3 mins

Report all foreign assets in ITR

Receiving shares outside India through Employee Stock Ownership Plans or Restricted Stock Units qualifies as holding foreign assets

2 mins

Integrating food literacy in schools

It can reduce undernourishment by 14 pp: NSF

1 min

Go for staggered bets in gold, silver

Investing in silver is a tactical allocation, unlike gold

2 mins

Room for a win-win strategy

ITH DONALD TRUMP's reciprocal tariff policy likely to kick in on April 2, India must get ready with its response. Should it be retaliatory or cooperative for a possible win-win game for both? US secretary of commerce Howard Lutnick recently said that India needs to step out of its existing model and open up markets as both nations work towards a great trade deal.

3 mins

Gucci Risks a Wardrobe Malfunction With Demna

KERING SA'S GUCCI on Thursday named controversial Balenciaga designer Demna Gvasalia as the creative director of Gucci.

3 mins

Cleaning the air

Tackling pollution warrants regional cooperation and an airshed approach

2 mins

Take Manufacturing Cue From Vietnam

To achieve ambitious electronics production goals, India will need to apply lessons of global integration, competitive clusters, and regulations from Vietnam

4 mins

Doesn't shout luxury, whispers it instead

It may not look like a ₹1-crore-plus car, but step inside and you'll find it priceless

2 mins

End of cola peace

Campa's aggression has intensified segment squabbles CHRISTINA MONIZ

3 mins

Micro magic

Are bite-sized dramas the future?

2 mins

Flashing lights add to their style

Mid-rangers witha sharp screen and good cameras

2 mins

Build a talent bank with agentic AI

Tech can enhance learning & reduce teacher workload

2 mins

Nothing Phone (3a) & (3a) Pro

Flashing lights add to their style

1 min

Modern tech for the new-age consumer

HUAWEI IS TARGETING India's fast-growing wearable segment, with a strong focus on both wrist-worn devices and wireless earbuds.

1 min

AI's Success Depends on Data Readiness

Noida International Airport recently inked a pact with Kyndryl to manage its technology infrastructure and provide operational support.

3 mins

Fashion seasons get shorter...

P VENKATESALU, MD of Trent, says that the retailer has been able to crunch manufacturing timelines by at least 20% by focusing on its ecosystem to deliver fast.

2 mins

The home tutor who set up an edtech empire

\"WHAT IS THE colour of a parrot?\" a teacher asked six-year-old Alakh Pandey.

4 mins

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