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February 20, 2025

Insurance cover for bank deposits may be doubled

THE CENTRE IS considering doubling the insurance cover for bank deposits, from ₹5 lakh at present, to assuage the concerns of depositors, especially senior citizens, and strengthen the trust in the banking system, sources told FE.

Insurance cover for bank deposits may be doubled

2 mins

Tesla Jobs Post Signals India Entry

Follows recent Modi-Musk meet

Tesla Jobs Post Signals India Entry

2 mins

Reciprocal tariffs: India may lose $7 bn/yr

US PRESIDENT Donald Trump's threat to impose reciprocal tariffs from early April is feeding anxiety in the export sectors, with Citi Research analysts estimating potential losses at about $7 billion a year.

Reciprocal tariffs: India may lose $7 bn/yr

1 min

Demand for Indian workers set to rise

3 mn may get job opportunities in 7 key regions by 2030

Demand for Indian workers set to rise

2 mins

Goyal Hints at More Tariff Relief for US

COMMERCE AND INDUSTRY minister Piyush Goyal on Tuesday said India and the US could offer tariff reductions and other concessions to each other under a bilateral trade deal being planned.

2 mins

NFRA pulls up PwC affiliate firms over auditing lapses

The National Financial Reporting Authority (NFRA) has found \"significant deficiencies\" in the audit work of two PwC network firms - Price Waterhouse Chartered Accountants LLP and Price Waterhouse & Co Chartered Accountants LLP.

1 min

Property titles to 30 million rural families by FY26 end

To ease monetisation of rural properties, the government may provide property titles to 40 million rural families in 346,000 villages across 31 states and Union Territories by the end of FY26.

1 min

Economy Expected To Grow 6.4% In Q3: Icra

ICRA on Tuesday projected India's GDP to grow 6.4% in the December quarter on account of enhanced government spending amid uneven consumption.

1 min

'Aim to invest ₹90,000 cr by 2030'

SANCTIONS ON RUSSIA ARE NOT GOING TO SIGNIFICANTLY IMPACT THE PERFORMANCE OF THE COMPANY

'Aim to invest ₹90,000 cr by 2030'

3 mins

Urban unemployment rate at 6.4% in Oct-Dec

The unemployment rate in urban areas remained flat at 6.4% in Q3FY25 against the previous quarter, but fell 10 basis points from Q3FY24, the latest periodic labour force survey (PLFS) data released by the statistics ministry on Tuesday showed.

1 min

We should be open to partnerships with China as they're 20 years ahead

Dixon Technologies, India's largest listed electronics manufacturing services company, recently announced plans to set up a display fabrication (fab) unit with an outlay of $3 billion.

We should be open to partnerships with China as they're 20 years ahead

2 mins

Campa Goes Global With Debut in UAE

RELIANCE INDUSTRIES’ FAST-MOVING consumer goods (FMCG) arm Reliance Consumer Products on Tuesday launched Campa in the UAE, marking its first international expansion.

1 min

RIL Arm Signs PLI Deal for 10-GWh Capacity

RELIANCE NEW ENERGY Battery (RNEB), a subsidiary of Reliance Industries (RIL), has signed an agreement with the ministry of heavy industries on Monday to secure 10 GWh capacity under the production linked incentive (PLI) scheme for Advanced Chemistry Cell (ACC) scheme.

1 min

Vedanta Secures Creditors' Approval for Demerger Plan

Over 80% Give Go-Ahead for Restructuring

1 min

Magicpin CEO says it will never open dark kitchens

LIGHTSPEED VENTURE PARTNERS and Zomato-backed hyper-local retail platform Magicpin has ruled out operating dark kitchens for its quick delivery business, positioning itself as a restaurant-friendly alternative amid rising tensions between food aggregators and the restaurant industry.

1 min

RInfra forays into manufacturing of solar, battery plants

RELIANCE INFRASTRUCTURE (RINFRA) on Tuesday announced its entry into the renewable energy equipment manufacturing sector with plans to establish integrated solar and battery manufacturing units.

1 min

EMIs 33% of tech-savvy Indians' pay

TECH-SAVVY INDIANS ACROSS all cities spend over a third of their income on loan EMIs, reveals a new report by Perfios and PwC India analyzing spending patterns of 3 million consumers.

1 min

Tata Steel UK gets local body's nod for future plan

Tata Steel UK on Tuesday announced that its proposals to deliver a state-of-the-art Electric Arc Furnace for greener steelmaking in Port Talbot, South Wales, has got the requisite approval from the local council.

1 min

Lightstorm raises ₹700 cr from NIIF Infra Finance

DIGITAL NETWORK INFRASTRUCTURE solutions provider Lightstorm has raised ₹700 crore from infrastructure debt fund NIIF Infrastructure Finance (NIIF IFL).

1 min

BSNL's losses reduced by ₹782 cr after financial revisions: Auditor

BSNL'S LOSS FOR the nine-month period ending December 2024 is lower by ₹782 crore due to changes in the method of amortisation on spectrum fees, according to the company's auditors.

BSNL's losses reduced by ₹782 cr after financial revisions: Auditor

1 min

Prime Focus arm acquires London-based Metaphysic

BRAHMA, a part of Mumbai-based media company Prime Focus on Tuesday said it had acquired London-based AI content firm Metaphysic.

1 min

In longest losing streak since May 2022, BSE Smallcap index falls for 9th session

THE BSE SMALLCAP index fell 772.17 points, or 1.71%, on Tuesday, marking its ninth consecutive session of decline.

In longest losing streak since May 2022, BSE Smallcap index falls for 9th session

1 min

Regulators Must Unite for Growth in Pension Funds: DSP Pension Fund CEO

THERE IS a need for regulatory bodies such as the Pension Fund Regulatory and Development Authority (PFRDA) and the Employees' Provident Fund Organisation (EPFO) to collaborate and build synergies to address the roadblocks in the growth of pension fund corpus, according to Rahul Bhagat, CEO of DSP Pension Fund.

1 min

Goldman raises year-end gold target to $3,100

GOLDMAN SACHS GROUP has raised its year-end gold target to $3,100 an ounce on central-bank buying and inflows into bullion-backed exchange-traded funds, highlighting Wall Street's enthusiasm for the metal.

Goldman raises year-end gold target to $3,100

1 min

LG Electronics India holds roadshows ahead of IPO

LG ELECTRONICS INDIA, the Indian arm of South Korean major LG Electronics, has started conducting roadshows to meet potential investors for its initial public offering (IPO), according to two sources.

LG Electronics India holds roadshows ahead of IPO

1 min

Sebi Proposes Steps to Curb Unauthorised Trades in Demat A/Cs

SEBI ON TUESDAY proposed a framework to prevent unauthorised transactions in trading and dematerialisation accounts including provisions related to SIM binding, biometric authentication and log-in from multiple devices.

1 min

Licious plans IPO in '26, eyes $2 bn in valuation

LICIOUS, a Temasek Holdings-backed online seller of meat and seafood in India, is seeking to become profitable as it prepares to list in 2026, adding to a slew of consumer-facing firms eyeing the country's public markets.

Licious plans IPO in '26, eyes $2 bn in valuation

2 mins

Ukraine war talks: US and Russia agree to restore diplomatic ties

THE US AND Russia agreed on Tuesday to restore the normal functioning of each other's diplomatic missions, Secretary of State Marco Rubio said after talks between senior US and Russian officials in Saudi Arabia.

1 min

WhatsApp Faces Tougher EU Rules as Monthly Users Top 45 Million

META PLATFORMS' MESSAGING service WhatsApp reached a crucial user milestone likely to bind it to more stringent rules under the European Union's Digital Services Act.

1 min

US Factory Costs Jump Most in Two Years: New York Fed Survey

Costs for US manufacturers climbed at the fastest pace in two years, according to a Federal Reserve Bank of New York survey, as President Donald Trump rolls out new tariffs on imports that may add to price pressures.

1 min

Xi Embracing China Tech CEOs Spurs Hope of Big Economic Shift

President Xi Jinping's embrace of Chinese tech bosses in a rare public meeting is fueling hope Beijing is shifting its stance to give the private sector a freer hand as it fights a trade war with Donald Trump.

1 min

J&J Faces Critical Test Over $10 Billion Baby Powder Settlement

JOHNSON & JOHNSON (J&J) faces a critical test on Tuesday over its $10 billion proposal to end litigation alleging that its baby powder caused ovarian cancer, as it tries to convince a judge to sign off on its third attempt to resolve thousands of lawsuits through a subsidiary's bankruptcy.

J&J Faces Critical Test Over $10 Billion Baby Powder Settlement

1 min

Musk's xAI Unveils Grok-3 AI to Rival ChatGPT, DeepSeek

ELON MUSK'S ARTIFICIAL intelligence (AI) startup xAI has introduced Grok-3, the latest iteration of its chatbot, as it looks to compete with Chinese AI firm DeepSeek, Microsoft-backed OpenAI, and Alphabet's Google.

Musk's xAI Unveils Grok-3 AI to Rival ChatGPT, DeepSeek

1 min

The World's Most Important Market Sends a Warning

FINANCIAL MARKETS ARE neither ideological nor do they have an agenda. They're dispassionate observers, indispensable for helping to discern whether assets are cheap, expensive, or fair based on current and historical relative values.

2 mins

Vertical Fiscal Gap

Centre's fiscal prudence is laudable, but should not constrict states' resources and spending capacity

2 mins

Don't count on 'friend' Trump

With Donald Trump as America's president, no friend or ally needs enemies.

4 mins

Policy layering & execution: Mind the gap

A shift in focus from continuous expansion to ensuring sustainability and effectiveness of programmes is imperative for achieving policy success

3 mins

'Our franchise model helped us scale efficiently in Tier 2, 3 cities'

Aggression is not its strongest suit, but Japanese sportswear brand ASICS is ready to match the energy of leaders in the ₹13,000-crore sports footwear market.

'Our franchise model helped us scale efficiently in Tier 2, 3 cities'

3 mins

Data dilemma

The game lies in smart extraction, not soppy denial

Data dilemma

2 mins

RIL Sets a Benchmark Again

Retains top spot on list of India's 500 most valuable companies

1 min

OpenAI Weighing Special Voting Rights to Block Hostile Takeovers

OPENAI IS CONSIDERING granting special voting rights to its non-profit board to preserve the power of its directors, as the ChatGPT-maker fends off an unsolicited takeover bid from Elon Musk, Financial Times reported on Tuesday.

1 min

Cisco & IBM show old-tech firms can be winners in AI

WIDELY BULLISH ON AI

2 mins

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Financial Express Lucknow Newspaper Description:

Editor: The Indian Express Ltd.

Categoría: Newspaper

Idioma: English

Frecuencia: Daily

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