Financial Express Delhi - December 30, 2024
Financial Express Delhi - December 30, 2024
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December 30, 2024
Legacy firms ahead in e-scooter race
● Drive smaller brands off track
1 min
FTA helps expand trade basket with Australia
THE ECONOMIC COOPERATION and Trade Agreement (ECTA) with Australia has opened up new export sectors for India, including gold studded with diamonds and turbojets, while also ensuring access to key raw materials for the domestic industry, the ministry of commerce and industry said.
1 min
Anti-dumping duty on PVC Resin Paste from China, five others
INDIA'S DIRECTORATE GENERAL of trade remedies (DGTR) has proposed imposing anti-dumping duties of up to $707 per metric tonne on imports of Poly Vinyl Chloride (PVC) Resin Paste from China and five other countries: Korea, Malaysia, Taiwan, Thailand, and Norway.
1 min
Plans to boost railway receipts likely in FY26
● Vande Bharat sleeper trains, revival of PPP on the cards
3 mins
Food subsidy likely to surpass BE by ₹20K cr
• FY26 outlay to be higher than likely RE of ₹2.25 lakh cr for FY25
2 mins
PM Surya Ghar subsidy disbursal at 58% till Oct
EVEN AS THE government is focusing ramping up installations under the newly launched PM Surya Ghar Muft Bijli Yojana, delays in subsidy disbursal have raised concerns.
1 min
25% Attrition in Pvt Banks Risks Operations: RBI Report
EMPLOYEE ATTRITION IN private sector banks has witnessed an increase to about 25% and this high turnover rate poses significant operational risk, according to the latest report on Trend and Progress of Banking in India 2023-24.
1 min
Public capex growth hits a plateau
● Overall growth in govt capital spending for FY26 seen at 8%
2 mins
PM Internship: 621,000 applications received
ABOUT 621,000 APPLICATIONS have been received for 127,000 opportunities under the Prime Minister's Internship Scheme and the selection process is continuing, the government said on Sunday.
1 min
Brazil offers expertise to boost India's dairy cattle productivity
Discussions are ongoing about establishing a joint Zebu research institute in both countries, aimed at boosting milk production
1 min
Zetwerk's Make in India playbook
WITH SEVERAL BLUE-CHIP CLIENTS, CONTRACT MANUFACTURER ON A GROWTH PATH
3 mins
Real estate firms ride the luxury home wave
LUXURY PROPERTY DEVELOPERS in the country had a robust 2024, eclipsing the combined sales value of total residential sales in top cities during the previous year.
2 mins
Route Mobile targets digital identity solutions for q-comm to fuel growth
DIGITAL COMMUNICATIONS SOLUTIONS provider Route Mobile is developing security solutions under its digital identity vertical to service up and coming sectors like quick commerce.
1 min
Rentomojo set to file DRHP by mid-2025
D-ST BOUND
1 min
Beauty Startups Trim Losses Amid Cost-Cutting Drive
BEAUTY AND PERSONAL care startups, including Sugar Cosmetics, mCaffeine, Wow Skin Sciences and online retailer Purplle have successfully reduced their losses in FY24 by tightening their advertising and promotional expenses.
1 min
179 Die as Plane Crashes in Worst-Ever Accident in S. Korea
FLIGHT OPERATED BY JEJU AIR CRASHES AND CATCHES FIRE AFTER SKIDDING DOWN RUNWAY; NATION DECLARES 1 WEEK OF MOURNING
2 mins
Trump backs H-1B...
RAMASWAMY ALSO ENTERED the fray with a post decrying an \"American culture\" that he claimed values mediocrity over excellence.
1 min
In e-scooter race, legacy brands are inching ahead
Total E2W sales, however, have surged, crossing one million units in the January-November period, up 37% y-o-y.
1 min
Santa fails to turn up on Dalal Street
I couldn't have been more wrong last fortnight, as Santa played truant. I had expected the markets to soar, as the Nifty had
2 mins
Banks stare at higher costs, slower credit growth
BANKS ARE PREPARING for a challenging 2025, as the Reserve Bank of India (RBI) moves closer to implementing stringent guidelines on the expected credit loss (ECL) framework, liquidity coverage ratio (LCR) norms and project finance requirements.
3 mins
Analysts predict crypto boom in 2025
● Supply cuts, and Trump's crypto push drove 2024's surge
2 mins
Learning from no-detention policy
Why revocation of NDP is a thoughtful recalibration, and not a hasty retreat
2 mins
Navigating market drawdowns
Keep a cash buffer to enter the market at lower prices
2 mins
Stick with diversified equity funds, avoid sectoral funds now
If investors have excessive allocation towards small- and mid-cap funds, it may be a good time for some reallocation towards large-cap funds. Rajeev Thakkar, chief investment officer, PPFAS Mutual Fund, in an interview to Saikat Neogi, advises investors to stick with diversified equity funds rather than trying to pick one or two sectors or themes for investments in the equity space. Excerpts:
1 min
GenAI drafts a good report; human brain a great report
RISHIKESHA T KRISHNAN, DIRECTOR, IIM BANGALORE
2 mins
A breakout year for renewable energy
The sector saw several milestones in 2024, govt focus on grid modernisation and ramping up transmission connectivity critical ahead
3 mins
Rising capital intensity
NAS DATA ON INFORMAL SECTOR DOESN'T REFLECT POLICY FALLOUT BETWEEN 2015-16 & 2019-20
3 mins
Dollar Dominance Key to US Debt and Deficits
THE ECLIPSE OF the dollar, and with it the ability of the US to borrow on a scale that would cripple any other country, has been long predicted.
3 mins
Where comfort finds its space
The Q7 has passed on the superluxury baton to the Q8, and yet neatly balances comfort, space, price
2 mins
When influencers became mainstream...
● Three trends stood out in the year passing us by: Social media influencers became mainstream brand ambassadors, agency consolidation picked up pace and the audio medium seemed to find its place in the sun
1 min
When technology transformed a medium...
2024 surely was a defining year for the radio industry as it leveraged technological innovations like never before, transforming into a vibrant, multimedia platform, taking its radio plus proposition a notch higher.
1 min
TVS champ now eyes Dakar Rally
● One of India's finest woman rally riders is targeting the world's toughest race
1 min
Audio is high-quality, detailed and balanced
AK4332ECB DAC chip that helps to deliver audio with detailed accuracy and low distortion. The credit for high-quality audio also goes to Knowles balanced armature driver, a small, lightweight transducer that produces high-quality sound in a range of devices, including earphones, hearing aids, and other critical listening applications. In the case of these earbuds, the driver has been moved towards the inside of the ear with a redesigned acoustic chamber and mesh size
2 mins
AI is changing how we search, play game & create
Our product line-up will deliver enhanced solutions to address these aspects. The ability of the AI PCs to tackle complex workloads, improve collaboration and deliver advanced content creation and media experiences, will act as a catalyst of growth and demand of AI in PCs. The technology will also elevate gaming by making the device more energy efficient. Who will be the initial buyers for AI PCs in India? We have fully embraced AI with our Asus PCs, being the first
2 mins
A quiet operator for cleaner and healthier indoor air
● Its LED panel displays the AQI level in real-time
1 min
When electric vehicles go mainstream
●Affordable EVs sport features available in high-end models
2 mins
Making India a chip powerhouse
● A strong product focus will enhance its global stature
2 mins
Constitution guiding light; Maha Kumbh's message is unity: Modi
INDIA'S CONSTITUTION HAS stood the test of time and it is the country's guiding light, Prime Minister Narendra Modi said on Sunday in the year's final episode of the Mann Ki Baat radio address.
2 mins
Promoters pick up ₹1.5 L cr through share sales in 2024
A conducive \"EXIT environment\" didn't just help promoters looking to offload shares.
1 min
Funding rebound augurs well for startup ecosystem
STARTUP EXPERTS FORESEE a steady rebound in startup funding, driven by strong economic fundamentals and a focus on sustainable growth in 2025.
2 mins
All eyes on Virat & Rohit to plot a magical win, rediscover glory
IF SUNDAY'S TEST cricket at the MCG was exhilarating, a mouth-watering Monday awaits the audience on Monday.
2 mins
In a problem-solving mode
FINANCIAL REGULATORS, ACROSS the world, have unenviable jobs. Either they take hard positions against the industry or individual, thereby inviting the wrath or displeasure of one or both.
4 mins
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