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Financial Express Mumbai

Trump tariffs: Auto suppliers rethink production plans

Trump has vowed to impose a blanket tariff of 10% on global imports into the US and a 60% tariff on Chinese goods

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1 min  |
January 10, 2025
Financial Express Mumbai

Chants meet chatbots at this year's Maha Kumbh

FROM INFORMATION TO SECURITY, AI TO BE MAJOR MOVER AT THE MEGA EVENT

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3 mins  |
January 10, 2025
Premium online video market to double by 2028: Report
Financial Express Mumbai

Premium online video market to double by 2028: Report

INDIA'S PREMIUM ONLINE video market, valued at $1.7 billion in 2023, is projected to nearly double by 2028, solidifying its position as one of the fastest-growing over-the-top (OTT) markets globally, according to the Asia Video Industry Report 2025.

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1 min  |
January 10, 2025
Meta's fact-checking snub in US alarms India
Financial Express Mumbai

Meta's fact-checking snub in US alarms India

AS META ANNOUNCED the end of its third-party fact-check programme in the US, a move that is being seen as the company reorienting itself for the new Trump era, a palpable sense of panic has gripped fact-checkers in India.

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1 min  |
January 10, 2025
Taliban Urges India to Ease Visa Process
Financial Express Mumbai

Taliban Urges India to Ease Visa Process

HOURS AFTER INDIA and Taliban-ruled Afghanistan held their first high-level meeting, the Taliban announced that they had urged Delhi to issue visas to Afghan businessmen, patients, and students.

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1 min  |
January 10, 2025
Hollywood Hills burn as big blaze engulfs LA
Financial Express Mumbai

Hollywood Hills burn as big blaze engulfs LA

THE HOLLYWOOD HILLS blazed uncontrollably on Thursday morning as the worst wildfires in the history of Los Angeles raged across the city and deep into the storied heartland of the American film industry.

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1 min  |
January 10, 2025
Financial Express Mumbai

Hush money: Court rejects Trump bid to delay sentencing

NEW YORK'S TOP court rejected on Thursday Donald Trump's request to halt the president-elect's sentencing for his conviction on criminal charges stemming from hush money paid to a porn star, with a decision on a possible delay now in the hands of the President-elect Donald Trump's request.

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1 min  |
January 10, 2025
Financial Express Mumbai

Musk Held Talks on Ways to Oust UK's PM Before Polls: Report

BILLIONAIRE ELON MUSK has held private discussions with allies about removing British Prime Minister Keir Starmer from his position before the next general election, the Financial Times reported on Thursday.

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1 min  |
January 10, 2025
Financial Express Mumbai

Biden to further limit Nvidia AI chip exports in final push

PRESIDENT JOE BIDEN'S administration plans one additional round of restrictions on the export of artificial intelligence chips from the likes of Nvidia just days before leaving office, a final push in his effort to keep advanced technologies out of the hands of China and Russia.

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1 min  |
January 10, 2025
Financial Express Mumbai

Apple defends Siri after $95-million settlement

APPLE CLARIFIED ON Wednesday that it has never sold the data collected by its Siri voice assistant or used it to create marketing profiles, just days after settling a case in which it faced such accusations.

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1 min  |
January 10, 2025
Financial Express Mumbai

China consumer prices weaken further, add to deflation worries

CHINA'S CONSUMER INFLATION weakened further towards zero, decelerating for a fourth straight month, in a setback for government efforts to stamp out deflation and revive demand with economic stimulus.

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1 min  |
January 10, 2025
Cricket fatigue crimps WPL ad spending
Financial Express Mumbai

Cricket fatigue crimps WPL ad spending

But IPL could change the plot with ad rates expected to increase

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3 mins  |
January 10, 2025
Financial Express Mumbai

US-China tech break-up is a race to the bottom

A messy, ongoing tech break-up between the US and China is forcing a rethink about what the industry might look like for consumers in a decoupled world.

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3 mins  |
January 10, 2025
Time to turn to currency options
Financial Express Mumbai

Time to turn to currency options

US equities are not a good bet at this point. This could turn into a blessing for the rupee, if investors turn their attention to other markets

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3 mins  |
January 10, 2025
Financial Express Mumbai

Make groundwater sustainable

BY SCALING UP EFFORTS, STATES CAN SAFEGUARD RESOURCES, ENHANCE AGRI-PRODUCTIVITY

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4 mins  |
January 10, 2025
Financial Express Mumbai

Start-up travails

Scaling up has seen many hurdles; sharp decline in seed-stage funding complicates things further

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2 mins  |
January 10, 2025
Financial Express Mumbai

Indices Tumble Nearly 1%

EQUITY BENCHMARK INDICES Besides, abysmally-low Chinese inflation data, an indication of poor demand, and a sell-off in US bonds added to the pressure, traders said.

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1 min  |
January 10, 2025
Financial Express Mumbai

Rupee NDF volume surges on arbitrage

THE TRADING VOLUME in dollar-rupee non-deliverable forwards (NDF) at India's offshore finance hub soared to a record high in December as banks and companies lapped up arbitrage opportunities amid a worsening outlook for the rupee.

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1 min  |
January 10, 2025
High court clears way for Religare AGM, Burmans' open offer
Financial Express Mumbai

High court clears way for Religare AGM, Burmans' open offer

THE MADHYA PRADESH High Court on Thursday lifted the stay on Religare Enterprises annual general meeting (AGM) as well as the Reserve Bank of India (RBI)'s approval for Burmans' open offer to acquire an additional 26% stake in the company.

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1 min  |
January 10, 2025
Credit market may see more volatility: Ind-Ra
Financial Express Mumbai

Credit market may see more volatility: Ind-Ra

Liquidity situation in the banking system is expected to improve in the fourth quarter, driven by an increase in government spending, said India Ratings and Research.

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1 min  |
January 10, 2025
Financial Express Mumbai

Mutual funds end 2024 with record ₹3.9-lakh-cr inflows

Quarter-end tax outflows hit debt funds; SIPs touch record ₹26,459 cr

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2 mins  |
January 10, 2025
Financial Express Mumbai

Rupee closes flat after hitting low of 85.94 vs dollar

THE RUPEE ON Thursday ended flat after hitting a lifetime low of 85.94 against the dollar during intra-day trade.

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1 min  |
January 10, 2025
Financial Express Mumbai

Biswas' switch awaits Dunzo board nod

DUNZO CO-FOUNDER KABEER Biswas has informally agreed to join Flipkart to head its quick-commerce vertical Minutes, according to sources aware of the matter.

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1 min  |
January 10, 2025
Financial Express Mumbai

Luxury vehicles' sales set record pace for Mercedes

SOME CARS ABOVE ₹1.5 CR SOLD OUT FOR NEXT THREE QUARTERS

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2 mins  |
January 10, 2025
Financial Express Mumbai

Novelis Plans to Raise $750 Million

US-BASED NOVELIS, which is part of Hindalco Industries, on Thursday said its indirect wholly-owned arm plans to raise $750 million through issuance of bonds.

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1 min  |
January 10, 2025
Board of Vodafone Idea Clears ₹1.9K-Cr Fundraise
Financial Express Mumbai

Board of Vodafone Idea Clears ₹1.9K-Cr Fundraise

VODAFONE IDEA on Thursday approved raising ₹1,909.95 crore from promoters Omega Telecom Holdings Private and Usha Martin Telematics via preferential allotment.

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1 min  |
January 10, 2025
Financial Express Mumbai

Emami rebrands Fair & Handsome in growth push

TWENTY YEARS AFTER launching the country's first men's fairness cream brand Fair & Handsome, consumer goods company Emami on Thursday said it was relaunching the product as Smart & Handsome to reflect changing needs.

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2 mins  |
January 10, 2025
Financial Express Mumbai

Jupiter Intl to invest ₹6.5K cr on capacity expansion

JUPITER INTERNATIONAL, a manufacturer of photovoltaic solar cells and provider of solar power solutions, on Thursday said it will be investing ₹6,500 crore over the next three years in a bid to become a fully integrated solar manufacturer.

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1 min  |
January 10, 2025
Financial Express Mumbai

Legal action likely against Zomato, Swiggy for private labelling items

THE NATIONAL RESTAURANT Association of India (NRAI) on Thursday said it may take legal action against Zomato and Swiggy for private labelling of food items and selling them through their quick food delivery applications.

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1 min  |
January 10, 2025
Financial Express Mumbai

Instamart to get standalone app after launch of Snacc

FOOD DELIVERY PLATFORM This move closely follows the launch of its separate app Snacc for quick food delivery, marking a shift towards a multi-app strategy similar to competitors like Zomato and Zepto.

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1 min  |
January 10, 2025

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