Financial Express Hyderabad - December 23, 2024Add to Favorites

Financial Express Hyderabad - December 23, 2024Add to Favorites

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December 23, 2024

Mandi prices of onion fall 50% on fresh arrivals

WITH THE ARRIVAL of fresh kharif crops, average mandi prices of onions at Lasalgaon in Nashik, Maharashtra—the country's key onion trading hub—halved to ₹2,000 per quintal on Sunday from ₹4,000 per quintal a month ago.

1 min

Competition watchdog strikes a fine balance: Regulator & business facilitator

IT'S BEEN AN action-packed year for the competition watchdog, both in terms of the number of cases handled and the changes made in the current regulations aimed at strengthening the commission and creating a conducive environment for businesses.

2 mins

India's natural gas imports surge 21% in April-November

INDIA'S NATURAL GAS imports surged 21% to 24,798 mmscm (million metric standard cubic metre per day) during April-November 2024, compared to 20,486 mmscm in the same period last year, driven by higher consumption from city gas distribution companies and the power sector, according to data from the Petroleum Planning and Analysis Cell (PPAC).

1 min

Centre may reduce reserve sale price for rice to make ethanol

GIVEN THE HIGH rice stocks, the government is discussing a reduction in the reserve sale prices of broken rice offered to grain-based distilleries for ethanol manufacturing from the central pool held by the Food Corporation of India (FCI).

2 mins

Investment pacts may not be part of FTAs

DESPITE THE DEMAND from some partners for inclusion of investment protection treaties in free trade agreements (FTAs) that are under negotiation, India would stick to its stand of signing separate treaties for investments, and not making them part of FTAs, a senior official said.

2 mins

Priority sector lending: CII proposes reforms

THE CONFEDERATION OF Indian Industry has proposed reforms in India's priority sector lending framework, factoring in the changes in the economy over the decades and has sought more development finance institutions.

1 min

Rubber price jump: Tyre firms' margins may be hit

WITH A SHARP escalation in the cost of natural rubber and other raw materials in recent months and the outlook on demand muted, tyre manufacturers may see their margins taking a hit in FY25.

1 min

States' capex likely fell during April-November

SLOWDOWN WORRY

1 min

Media's moment of reckoning: Convergence model set to be tested

THE YEAR 2024 was marked by significant consolidation in the Indian media and entertainment industry.

2 mins

Avaada looks to raise $1-bn debt to fund green projects

Green ammonia, hydrogen projects coming up in Odisha

2 mins

WEF summit: Over 100 Indian CEOs, ministers to visit Davos

OVER 100 CHIEF executive officers (CEOs) and at least three state chief ministers and other leaders from India will be in Davos next month to attend the World Economic Forum (WEF) annual meeting 2025.

1 min

VC boom: New firms reshape startup funding

THE VENTURE CAPITAL (VC) landscape witnessed a surge in activity in 2024, with over 30 new VC firms entering the market.

1 min

India to see a surge in AI applications: Nasscom

INDIA WILL SEE a surge in artificial intelligence (AI) applications and cost reductions in 2025, with increasing adoption across sectors like healthcare, finance, energy, and governance, Sanjeev Malhotra, CEO of the Centre of Excellence for IoT and AI at Nasscom, told FE.

1 min

DoT expects BSNL to post ₹558-crore profit in FY27

THE DEPARTMENT OF telecommunications (DoT) has projected state-owned Bharat Sanchar Nigam (BSNL) to turn profitable in FY27 with a profit of ₹558 crore.

2 mins

Growing demand drives growth in power T&D sector

The power transmission and distribution (T&D) sector is set for significant growth, driven by increasing electricity demand and focused renewable energy goals. India aims to achieve 500 GW of renewable energy by 2030, almost 3x from 180 GW currently installed, marking the largest push for capital investment in power infrastructure.

1 min

Top-10 most valued firms' m-cap slumps ₹4.95 lakh cr

THE COMBINED MARKET valuation of all the top-10 most valued firms plunged ₹4.95 lakh crore last week, in line with a bearish trend in equities, where Tata Consultancy Services (TCS) and Reliance Industries (RIL) faced the sharpest erosion.

1 min

Overlapping lending: Banks urge RBI to extend deadline

BANKS HAVE REQUESTED the Reserve Bank of India (RBI) to extend the timeline for adhering to new guidelines that prohibit overlapping lending activities between banks and their group entities.

2 mins

Front-running case: Sebi bans nine entities

Impounds illegal gains of ₹21.16 crore

2 mins

Made to handle market turbulence

These provide a balanced approach to wealth creation

1 min

Get more interest money on EPF claim

Claims will now be accepted throughout the month

3 mins

How skilling will change in five years

Academicians and CHROs on the skills and roles you must focus on for career advancement and leadership positions

2 mins

Empowering educators by harnessing GenAI tools

The demand for specialised skills in fintech, AI, project management to rise in 2025: Mayank Kumar of upGrad

1 min

Winner, but for how long?

India Inc's fortunes will soon change, unless higher household income supports demand

2 mins

Budgeting for peasants, planet

UNLESS POLICIES TRY TO GET THE AGRI-MARKETS RIGHT, OUR FARMERS WILL KEEP AGITATING FOR HIGHER PRICES

4 mins

Language of market expansion

A nascent market is growing on the back of local offerings

3 mins

Sensible. Sustainable. Sensual

All the luxury you need, at half the price of a luxury car & two times fuel efficiency

2 mins

Has the 'Indian' car brand come of age?

Consumers are no longer hung up on global badges

2 mins

Tech redefines how we shop in-store

RETHINKING RETAIL

2 mins

Eliminates odour, cleans indoor air in a jiffy

Ideal for bedrooms, offices, or small living areas

2 mins

'Consumers prioritise value, want devices tailored to their needs'

applications like graphic design. AI-driven technologies are also gaining traction. Consumers increasingly seek AI features in devices, such as BenQ's upcoming home projectors with AI Cinema, which use advanced algorithms and a camera to optimise content dynamically based on room lighting conditions.

1 min

GOVO GOBUDS SPORTComfortable fit for long sessions

These earbuds have low latency and a strong battery

2 mins

'If it is business as usual, Viksit Bharat by 2047 will not happen'

Raghuram Rajan, former RBI governor, in an interview with Udit Misra, speaks on a wide variety of topics, ranging from inflation to GDP growth to the impact of possible global trade war under President Trump's second term. Excerpts:

1 min

26 members enter startup billionaire club in 2024

Fifty-year-old Supam Maheshwari, an IIM Ahmedabad alumnus, founded the online platform for babycare products FirstCry after selling an e-learning company that he had set up.

1 min

Smartphone exports set to top ₹1.70 L cr

THE SMARTPHONE INDUSTRY added exports worth ₹2.87 lakh crore during this period.

1 min

Broker strength falls 40% on compliance burdens

Chordia termed the arrangement a win-win, adding that \"clients continue to get services from the same person as before while getting access to superior technology platforms and products\".

1 min

It's slow going at Indiamart

THE B2B PLATFORM IS WORKING TO STABILISE OPERATIONS

3 mins

ISRO to study how crops grow in space on PSLV-C60 mission

DEMONSTRATION OF SEED germination in outer space, a robotic arm to catch a tethered debris there, and testing of green propulsion systems are some of the experiments planned on the POEM-4, the fourth stage of ISRO's PSLV rocket that remains in orbit after launching a satellite.

1 min

Scott Boland & the 'stolen generation'

ONLY IN HIS mid-20s, did the 35-year-old Scott Boland, Australia's fast bowler set to play in the fourth Test against India, realise his aboriginal origins.

2 mins

Will take back control of Panama canal, says Trump

PRESIDENT-ELECT DONALD Trump said Saturday that the Panama Canal is charging \"exorbitant prices and rates of passage\" on US naval and merchant ships, and he demanded that fees be lowered or else Panama should return the canal to the U.S.

1 min

Musk's Trump trade makes Tesla a winner with $570-billion rally

EARNINGS, REVENUE EXPECTATIONS PLUNGE

2 mins

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EditorThe Indian Express Ltd.

CategoríaNewspaper

IdiomaEnglish

FrecuenciaDaily

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