Financial Express Chandigarh - January 08, 2025
Financial Express Chandigarh - January 08, 2025
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January 08, 2025
New safety features for heavy vehicles soon
● Minister says need to consider limiting drivers' working hours
2 mins
Economists Say Consumption Growth Estimate Optimistic
● Slack in urban demand persisting
2 mins
Fintech Firms Need to Boost Digital Payment Infra: Nagaraju
NOTING THAT THE digital payment infrastructure plays a crucial role in the fintech industry's expansion, financial services secretary M Nagaraju on Tuesday said fintech firms need to improve digital payment systems in rural regions and encourage lending based on digital footprints for micro, small and medium enterprises (MSMEs).
1 min
10 mn farmers get digital IDs linked to land records
To develop a database of farmers which is linked to their land records, the agriculture ministry, in collaboration with states, has provided digital IDs to 10 million farmers across 10 states as on Tuesday, according to a senior official.
1 min
Petroleum product exports rise 3%
INDIA'S EXPORTS OF petroleum products in December increased by 3.1% to 1.37 million barrels per day against 1.33 million barrels per day in the corresponding period of 2023-24, according to data from energy cargo tracking firm Vortexa.
1 min
NSDC starts pan-India survey to identify gaps in skill initiatives
TO DESIGN GOVERNMENT schemes better and to aid organisations in mapping the demand-supply gap of skilled manpower, the National Skill Development Corporation (NSDC) has begun a pan-India survey with consumer intelligence firm Axis My India.
1 min
Mandi prices of pulses near MSP
MANDI PRICES OF several varieties of pulses — tur, urad and moong — are ruling close to the minimum support price (MSP) due to the arrival of kharif harvest and robust imports, trade sources said.
1 min
Search for trapped Assam miners intensified
A team of Navy, Army, NDRF and SDRF personnel intensified efforts to rescue the nine workers trapped inside a mine in the Assam coal quarry in Dima Hasao for the second day on Tuesday.
1 min
5 Policemen Killed in Bastar Blast Were Former Naxalites
Of the eight security personnel who lost their lives in a Maoist blast in Chhattisgarh's Bijapur district a day ago, five had joined the police force after quitting Naxalism, a senior official said.
1 min
SC Refuses to Hear Plea on Cancellation of BPSC Exam
THE SUPREME COURT on Tuesday refused to entertain a plea seeking the cancellation of the 70th Combined Competitive Exams (preliminary) conducted by the Bihar Public Services Commission (BPSC) on the grounds of an alleged paper leak and told the petitioner that he should have first approached the Patna High Court.
1 min
Delhi Votes on Feb 5
● Bypolls in Milkipur in UP & Erode in TN are also scheduled
2 mins
GEAPP partners ISA to drive solar expansion
THE GLOBAL ENERGY Alliance for People and Planet (GEAPP) on Tuesday signed a Multi-Donor Trust Fund with International Solar Alliance (ISA) aiming to mobilise $100 million to fund high-impact solar energy projects.
1 min
Telcos may seek time for DPDP compliance
18-Month Window Likely
2 mins
Vehicle registration pace in 2024 slowest in three years
Bumpy Ride Ahead
1 min
Tata arm's acquisition in Pegatron gets CCI nod
THE COMPETITION COMMISSION of India (CCI) has approved Tata Electronics's (TEPL) proposal to acquire a majority stake in Pegatron Technology, a Taiwanese contract manufacturer and Apple iPhone supplier.
1 min
TCS May See Boost in Margins Amid Muted Revenue Growth in Q3
TATA CONSULTANCY SERVICES (TCS), set to announce its October-December earnings on Thursday, is expected to report modest revenue growth for the quarter.
1 min
Fully constrained on Thar Roxx, XUV3XO capacity
Mahindra & Mahindra (M&M) on Tuesday announced the prices of the top-end version of the soon-to-be launched BE 6 (₹26.9 lakh) and XEV 9e (₹30.5 lakh). Booking of both the models will open on February 14 and deliveries are slated for early March.
1 min
Spinny: 76% of used car buyers are first-timers
AS MANY AS 76% of used car customers in India during 2024 were first-time buyers, according to Spinny.
1 min
Festive & wedding boost for jewellers
JEWELLERY FIRMS ARE set to report a strong year-on-year revenue growth for the October-December quarter, driven by strong wedding and festive demand, according to analysts and company updates.
1 min
Premium play: JioStar raises bouquet prices by 18%
MAJOR BROADCAST NETWORKS have announced a price hike for their channels at the start of the new year, with players like JioStar increasing their rates by 18%.
1 min
Banks' profit may moderate in next fiscal, says Ind-Ra
LDR May Normalise During FY27
2 mins
JPMorgan last major US bank to quit Net-Zero Banking Alliance
JPMORGAN CHASE & Co. is leaving a major climate finance group, becoming the last of Wall Street's biggest banks to walk away. The largest bank in the US has decided to quit the Net-Zero Banking Alliance (NZBA), it said on Tuesday.
1 min
Re, stocks snap losing streak
BARRING IT & TECH, ALL SECTORAL INDICES GAIN
2 mins
Zomato shares fall 5% after Jefferies downgrades stock
SHARE PRICES OF food aggregator Zomato fell around 5% on Tuesday after global brokerage Jefferies downgraded the stock to 'hold', citing intensifying competition in the quick commerce space.
1 min
Exim Bank raises $1 bn via overseas bonds
EXIM BANK ON Tuesday said it has raised $1 billion (about ₹8,570 crore) through an overseas bond issuance at very competitive rates.
1 min
Balanced asset allocation key in 2025: Aditya Birla Sun Life AMC
ADITYA BIRLA SUN Life Asset Management Company (AMC) said asset allocation strategies will be the key for steady returns in 2025 since the global and Indian macroeconomic environment presents a mix of risks and opportunities.
1 min
Tencent a Chinese military firm, says US
THE PENTAGON ON Tuesday labeled Tencent, the Chinese social media and gaming giant, as a Chinese military business operating in the United States, the latest action in an escalating series of retaliatory moves between the world's two superpowers.
1 min
Microsoft to invest $3 bn in India
Puneet Chandok, president of Microsoft India and South Asia, added that the initiative would equip India's workforce with essential, future-ready skills for a competitive global marketplace.
1 min
126 killed, 188 injured after multiple quakes jolt Tibet
TREMORS FELT IN NEPAL, BHUTAN AND PARTS OF NORTHERN INDIA
1 min
Apple Faces Tough January as China Weakness, Tariff Risks Weigh
APPLE SHARES HAVE had a challenging start to 2025, as investors fret over weakness in the critical Chinese market.
1 min
Who Might Replace Trudeau
WITH TRUDEAU'S 9-YEAR stint as PM ending, several politicians are frontrunners to take over his role
1 min
Paint Makers in Race to Acquire AkzoNobel
In a clarification to exchanges, Berger Paints said it considers various proposals for inorganic growth and diversification as a matter of routine exercise.
1 min
Meta Embraces Community Notes
META IS ENDING its fact-checking program in the US and replacing it with a \"Community Notes\" system similar to that on Elon Musk-owned X, the Facebook parent said on Tuesday.
1 min
US Trade Deficit Widens in November as Imports Jump
The US trade deficit widened in November, reflecting the biggest jump in imports since March 2022 as companies accelerated shipments ahead of a possible dockworkers' strike and in anticipation of potential tariffs by the Trump administration.
1 min
Google's most serious rival is a start-up
The AI boom of the past two years has largely been a two-horse race. Alphabet's Google and Microsoft-funded OpenAI have duked it out for customers, while Amazon.com and Meta Platforms have nibbled at the margins for market share. But at least one new company has emerged as an outsider with a chance of challenging their oligopoly.
2 mins
Growth boosters, please
Some immediate measures are needed to avoid another disappointment in FY26
2 mins
Challenges in state budgeting
There must be stronger incentives for states to improve their fiscal planning and bring off-budget borrowings into the formal fiscal framework
4 mins
Revolutionising legal services
THE SECTOR IN INDIA SHOULD EMBRACE TECH TRENDS AND COMPETITION IN AN ERA OF DISRUPTION
4 mins
Bring up to speed
Short-term campaigns are reshaping brand & consumer engagement
2 mins
The cost of consent
The proposed DPDP Rules challenge marketers to rethink strategy
3 mins
Merges chaos of mela with efficiency of online market
Why the campaign rocks:
1 min
Vi planning phased 5G rollout, says CEO
VODAFONE IDEA is preparing for a phased 5G rollout, and will launch new tariff plans in 2025, the telco's CEO Akshay Moondra wrote to Vi customers in an emailed new year greeting.
1 min
Growth engine runs out of steam
THAT REPRESENTS A loss of 6.4% growth over the period, against an average annual growth of 6%.
3 mins
BPCL board clears ₹1K-cr MNGL IPO
THE BOARD OF state-owned Bharat Petroleum Company has given an in-principle approval for the listing of Maharashtra Natural Gas (MNGL)—its joint venture company with GAIL and Indraprastha Gas, the company said on Tuesday.
1 min
Orbit, Sanabil Launch Startups' Accelerator
ORBIT STARTUPS (ORBIT) and Sanabil Investments have launched an accelerator programme to cultivate early-stage startups from the Saudi Arabia and the Middle East and North Africa (MENA) region, as well as global startups seeking to expand into the region.
1 min
A boost to Act East policy
Odisha can unlock its vast potential in industries such as manufacturing, logistics, and tourism, propelling the state towards a prosperous and sustainable future
3 mins
HMPV: Centre asks states to step up surveillance of respiratory illnesses
Two suspected cases of the virus were reported from Nagpur, taking the total number to seven
1 min
Nvidia unveils new tech for gamers
● Also announces first desktop PC
1 min
Samsung CEO touts AI fridges & washers
SAMSUNG ELECTRONICS IS ramping up investment in AI for consumer electronics, betting on its ubiquitous presence in gadgets from smartphones to TVs to help it stake out a spot in the AI arena.
1 min
Only 1 in 5 Sees Household Income Rising in '25: Study
ONLY 24% OR 1 out of every 5 Indians expects their household income to rise in 2025, a survey released on Tuesday showed.
1 min
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