Financial Express Kolkata - March 17, 2025
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March 17, 2025
MSME credit cover of ₹1.5 L cr on the cards
THE CENTRE IS targeting credit guarantee covers worth up to ₹1.5 lakh crore for micro, small and medium enterprises in 2025-26.
1 min
Power demand rises 3% in February
INDIA'S POWER DEMAND in February increased 3.1% year-on-year, driven by rising temperatures and higher consumption, according to Crisil.
2 mins
Govt in no hurry to bring digital competition law
THE GOVERNMENT IS not in a hurry to bring the digital competition law, minister of state for corporate affairs Harsh Malhotra said on Sunday.
1 min
Textile units under lens for GST evasion
CENTRAL GOODS AND services tax (CGST) officials have recently investigated more than two dozen textile manufacturing companies across the country for misclassifying processing activities, and subsequently paying lesser tax.
1 min
Govt plans fresh review of highway monetisation under TOT model
THE GOVERNMENT IS planning to undertake another review of the model contract for the toll operate transfer (TOT) mode of monetisation of highways so that it becomes more viable and boosts investor interest.
2 mins
Centre sanctions a record 4.5 MT pulses procurement
WITH MANDI PRICES ruling below the minimum support price (MSP) due to robust crop prospects, the agriculture ministry has sanctioned the purchase of a record 4.5 million tonne (MT) of pulses from farmers under the price support scheme (PSS) for the 2024-25 marketing season.
1 min
India, New Zealand resume FTA negotiations after a decade
AFTER A GAP of nearly 10 years, India and New Zealand on Sunday announced resumption of negotiations for a proposed free trade agreement (FTA) to boost economic ties.
2 mins
Trump has clear roadmap: PM
• India working with China to restore pre-2020 status, says Modi
2 mins
Trump has clear road map: PM
• India is working with China to restore pre-2020 status, says Modi
4 mins
Mann Will Complete Full Term: Kejriwal
AAP SUPREMO ARVIND Kejriwal on Sunday asserted that Bhagwant Mann would complete his five-year term as the chief minister of Punjab, trashing opposition parties' claims that he would be removed from the post.
1 min
PMLA: ED Attaches ₹21,370-Cr Assets
As of December 2024 in FY25, the ED has attached proceeds of crime, under the prevention of money laundering act PMLA, with the aggregate value of ₹21,370 crore by issuance of 227 provisional attachment orders.
1 min
Ola Electric's unit faces two insolvency pleas
A unit of Ola Electric Mobility is facing insolvency petitions from two of its key vehicle registration service providers in India over unpaid dues, adding to the EV maker's mounting troubles.
1 min
Bizongo eyes own warehouse network
AS IT EYES the unicorn status, business-to-business (B2B) raw materials marketplace Bizongo, which is currently valued at $980 million, is enhancing its logistics vertical to boost its platform capabilities.
1 min
AI boom drives SaaS startups towards vertical offerings
THE ARTIFICIAL INTELLIGENCE (AI) boom is reshaping the software-as-a-service (SaaS) industry, pushing companies to shift from broad, cross-industry solutions to domain-specific vertical SaaS offerings.
2 mins
Apple to make airpods at Foxconn's Hyd unit for exports
APPLE IS PLANNING to start production of airpods for exports at the Foxconn plant in Hyderabad from April, sources said.
1 min
Navi Mumbai airport to be inaugurated in June: Adani
THE UPCOMING NAVI Mumbai International Airport will be inaugurated in June, Adani Group chairman Gautam Adani said on Sunday.
1 min
Study-abroad platforms target foreign students for growth
WITH THE NUMBER of Indian students opting to study abroad seeing a sharp drop, Indian study-abroad platforms are increasingly diversifying their business models by expanding into international markets.
1 min
Rapido looks to undercut Swiggy, Zomato duopoly
RIDE-HAILING PLATFORM Rapido is in advanced talks with restaurants and industry associations across four major metro cities to challenge the dominance of Swiggy and Zomato, which together command an estimated 95% market share.
1 min
Fire at nightclub in North Macedonia kills 59
FIRE RIPPED THROUGH a packed nightclub early on Sunday in the North Macedonian town of Kocani, killing 59 people and injuring more than 100, after sparks ignited the roof over a live band.
1 min
3 Paramilitary Personnel, 2 Civilians Killed in Attack in Balochistan
FIVE PEOPLE, INCLUDING three Frontier Corps (FC) personnel, were killed and 30 injured after a paramilitary convoy was attacked by suspected Baloch militants on a highway in Noshki district of Balochistan of Pakistan on Sunday.
1 min
Bangladesh HC upholds death penalty of 20 students
THE HIGH COURT on Sunday upheld a trial court verdict handing down the death penalty to 20 students of an elite university in Dhaka for beating to death a fellow second-year student over his alleged political affiliation in 2019.
1 min
Russia Can't Decide on Ukraine Troops: Macron
THE STATIONING OF peacekeeping troops in Ukraine, as proposed by Britain and France as part of a ceasefire agreement with Russia, is a question for Kyiv to decide and not Moscow, French President Emmanuel Macron said in an interview.
1 min
Trump Orders Military Strikes on Houthi Fighters in Yemen
US President Donald Trump ordered military attacks against sites in Yemen controlled by the Iranian-backed Houthi militia after months of disruption to shipping lanes in the Red Sea.
1 min
Focus is on employee well-being: IBA chief
IN HIS FIRST letter to bank unions and federations after assuming charge as the chief executive of the Indian Banks' Association (IBA), Atul Goel has unveiled a four-pronged agenda for employee wellness as well as creating a fair, supportive and empowering workplace environment for employees.
1 min
Recent market volatility a learning curve for new investors'
President Donald Trump's tariffs have been keeping stock markets on tenterhooks in the past few months.
3 mins
Trump's trade salvos test nerves of central bankers
AN ANXIOUS SENSE of wait-and-see may emerge from central banks in the coming week, in their first collective assessment of how US President Donald Trump's trade policies are impacting the world economy.
1 min
Report all foreign assets in ITR
Receiving shares outside India through Employee Stock Ownership Plans or Restricted Stock Units qualifies as holding foreign assets
2 mins
Gurugram B-school takes on IIMs in salaries
TILL LAST YEAR, few people—even within the academic fraternity—would have heard about Masters' Union School of Business.
3 mins
Go for staggered bets in gold, silver
Investing in silver is a tactical allocation, unlike gold
2 mins
Integrating food literacy in schools
It can reduce undernourishment by 14 pp: NSF
1 min
Gucci Risks a Wardrobe Malfunction With Demna
KERING SA'S GUCCI on Thursday named controversial Balenciaga designer Demna Gvasalia as the creative director of Gucci.
3 mins
Cleaning the air
Tackling pollution warrants regional cooperation and an airshed approach
2 mins
Take manufacturing cue from Vietnam
To achieve ambitious electronics production goals, India will need to apply lessons of global integration, competitive clusters, and regulations from Vietnam
4 mins
End of cola peace
Campa's aggression has intensified segment squabbles
3 mins
Doesn't shout luxury, whispers it instead
Most full-size luxury SUVs look flamboyant and showy, but the new Volvo XC90 is quite the opposite.
3 mins
Micro magic
Are bite-sized dramas the future?
2 mins
Fashion seasons get shorter...
P VENKATESALU, MD of Trent, says that the retailer has been able to crunch manufacturing timelines by at least 20% by focusing on its ecosystem to deliver fast.
2 mins
Stuck Astronauts Hail Newly-Arrived Replacements
Just over a day after blasting off, a SpaceX crew capsule arrived at the International Space Station (ISS) on Sunday, delivering the replacements for NASA's two stuck astronauts.
1 min
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