CATEGORIES

Financial Express Bengaluru

HUL profit rises by 19.5% on Pureit sale

THE NET PROFIT (excluding the exceptional item) stood at ₹2,492 crore, down 1.07% compared to last year.

time-read
1 min  |
January 23, 2025
Financial Express Bengaluru

Govt to seek views on making auto expo annual affair

BHARAT MOBILITY GLOBAL Expo 2025 came to a close on Wednesday after witnessing around 200 product unveils across automotive, components and technology, with the government planning to seek industry views to make it an annual affair.

time-read
1 min  |
January 23, 2025
Financial Express Bengaluru

India's non-fossil fuel-based capacity hits 218 GW-mark

INDIA'S TOTAL NON-FOSSIL fuel-based capacity has touched the level of 217.62 gigawatt (GW) as of January 20, an official statement said on Wednesday.

time-read
1 min  |
January 23, 2025
Financial Express Bengaluru

Stargate: A Wake-Up Call for India to Act Fast on AI Autonomy

US President Donald Trump's announcement of the $500-billion Stargate project to build AI infrastructure is, experts say, a wake-up call for India to urgently advance its efforts toward achieving self-reliance in the artificial intelligence (AI) sector.

time-read
2 mins  |
January 23, 2025
Financial Express Bengaluru

RBI's dollar sales may net govt big dividend

IDFC FIRST Bank estimates ₹2 lakh crore of payout by the RBI while QuantEco pegs the dividend at around ₹1.5 lakh crore for the current fiscal

time-read
1 min  |
January 23, 2025
Financial Express Bengaluru

Food, fertiliser and LPG subsidies may be raised

THE GOVERNMENT IS likely to raise spending on food, fertiliser, and cooking gas subsidies to ₹4.1 lakh crore in the next fiscal year, sources said, a moderate 8% year-on-year increase to cover higher food and energy costs.

time-read
1 min  |
January 23, 2025
Financial Express Bengaluru

Interest rate cut will spur demand for home loans

An interest rate cut will spur demand for home loans, Girish Kousgi, managing director and CEO, PNB Housing Finance, tells Anupreksha Jain.

time-read
1 min  |
January 23, 2025
Financial Express Bengaluru

Zypp Electric set to double fleet this yr

The expansion will also involve increasing the number of driver partners from 22,000 to 50,000

time-read
1 min  |
January 23, 2025
Financial Express Bengaluru

Urban demand slump hits HUL

SHIFT HAPPENING TO SMALL PACKS IN CITIES, SAYS COMPANY

time-read
2 mins  |
January 23, 2025
Financial Express Bengaluru

Europe Must Be Prepared for Trump Tariffs, Says Lagarde

EUROPE MUST \"BE prepared\" and anticipate the potential Trump 2.0 tariffs, European Central Bank (ECB) president Christine Lagarde told CNBC on Wednesday.

time-read
1 min  |
January 23, 2025
Financial Express Bengaluru

BSNL witnesses subscriber loss after 4 months in Nov, Jio adds

STATE-OWNED Bharat Sanchar Nigam (BSNL), which was seen gaining mobile users after tariff hikes by private telecom operators in July last year, has now started seeing subscribers loss, according to data by the Telecom Regulatory Authority of India (Trai).

time-read
1 min  |
January 23, 2025
Financial Express Bengaluru

Rupee rises 23 paise to 86.33, bias negative

THE RUPEE APPRECIATED 25 paise to close at 86.33 against the US dollar on Wednesday, supported by positive domestic equities and softening of the dollar index.

time-read
1 min  |
January 23, 2025
Financial Express Bengaluru

Relief to Mauritius Investors as CBDT Clarifies New Rule

No 'principal purpose test' for tax waiver on pre-FY18 investments

time-read
2 mins  |
January 23, 2025
Financial Express Bengaluru

In message to China, Quad talks of open Indo-Pacific

NEWLY APPOINTED US secretary of state Marco Rubio raised the issue of \"irregular immigration\" in his very first meeting with external affairs minister S Jaishankar in Washington DC on Wednesday.

time-read
3 mins  |
January 23, 2025
Financial Express Bengaluru

India's 'year of reforms' in defence

A close engagement between the private industry and govt is critical to achieve a robust policy along with adequate budgetary allocations in 2025

time-read
3 mins  |
January 23, 2025
Financial Express Bengaluru

Race for AI dominance

Stargate is part of US-China tech battle, but India should also look at foundational AI development

time-read
2 mins  |
January 23, 2025
Financial Express Bengaluru

Bad loans weigh on HDFC...

The private lender witnessed a marginal growth in loans as its gross advances rose 3% on the year to ₹25.43 lakh crore

time-read
1 min  |
January 23, 2025
Financial Express Bengaluru

Trump's $500-billion AI odyssey

Stargate signals US intent to lead the global AI race

time-read
1 min  |
January 23, 2025
Financial Express Bengaluru

Bids for mega Vadhvan port project likely by September

BIDS FOR THE development of core infrastructure like offshore land reclamation under public-private partnership (PPP) are likely to be called before September for the all-weather greenfield deep major port in Maharashtra's Vadhvan, a key piece of the India-Middle East-Europe Economic Corridor, sources said.

time-read
1 min  |
January 23, 2025
Financial Express Bengaluru

GCCs Transform to Innovation Hubs in India

ACTIVISTS PUT OIL AND EMISSIONS IN SPOTLIGHT

time-read
1 min  |
January 23, 2025
Financial Express Bengaluru

BPCL sets FY26 capex target at ₹19,000 crore

State-owned Bharat Petroleum Corporation Ltd (BPCL), which recorded a 19.6% jump in its consolidated profit for the third quarter of FY25, has revised its capex target for the current fiscal year upwards from ₹13,000 crore to ₹16,000 crore and set the goal for 2025-26 at around ₹19,000 crore.

time-read
3 mins  |
January 23, 2025
Financial Express Bengaluru

Sebi Seeks Comments on Plan for Small-Ticket SIPs by Feb 6

The Securities and Exchange Board of India (Sebi) has sought responses to its 'small-ticket systematic investment plan', or the ₹250 SIP, proposing that a part of the cost, incurred by asset management companies (AMCs), along with certain incentives, be compensated from the Investor Education and Awareness Fund.

time-read
1 min  |
January 23, 2025
Financial Express Bengaluru

IT shares drive Sensex, Nifty

Sell-off in broader markets continues, mid- and small-cap indices plunge

time-read
2 mins  |
January 23, 2025
Financial Express Bengaluru

HDFC Bank Aims to Bring CD Ratio Down to Pre-merger Level Within Two Years

HDFC Bank will take a couple of years to bring its credit-deposit (CD) ratio down to the pre-merger level of below 90%.

time-read
1 min  |
January 23, 2025
Financial Express Bengaluru

Let there be truce: Realtors to Lodhas

PROMINENT REAL ESTATE developers and brand experts have called for an amicable resolution to the legal dispute between the Lodha brothers, Abhishek and Abhinandan, regarding the use of their family name in business.

time-read
2 mins  |
January 23, 2025
Financial Express Bengaluru

OpenAI CFO: Musk shouldn't use legal challenges to compete

OPENAI CHIEF FINANCIAL Officer (CFO) Sarah Friar characterized Elon Musk's legal challenge to stop the ChatGPT maker from becoming a for-profit company as competitive maneuvering.

time-read
1 min  |
January 22, 2025
Financial Express Bengaluru

DPDP Act will be outdated before it's passed

The Act targets entities which are complex adaptive platforms that have embedded AI in their processes. To expect them to adhere to static regulations is a mistake

time-read
4 mins  |
January 22, 2025
Financial Express Bengaluru

Tech sector's talent model seen evolving: Infosys CTO

INFOSYS EXPECTS THE way the tech industry manages talent to shift and has already begun experimenting with how this transformation will occur, its chief technology officer Rafee Tarafdar said in an interview.

time-read
1 min  |
January 22, 2025
Financial Express Bengaluru

Banks run Trump 'war rooms' as bosses prepare for trade ructions

JPMORGAN CHASE & Co bankers worked through the night in a \"war room\" to assess the impact of US President Donald Trump's inauguration-day executive orders, while global markets braced for volatility following his return to the White House.

time-read
1 min  |
January 22, 2025
Financial Express Bengaluru

Puri Sees Chances of Higher US Oil Imports

THE US is currently producing around 13 million barrels of oil per day and is likely to add 1.4 million-1.5 million barrels a day into production in the short run.

time-read
2 mins  |
January 22, 2025