

Financial Express Lucknow - February 20, 2025

Obtén acceso ilimitado con Magzter ORO
Lea Financial Express Lucknow junto con 9,000 y otras revistas y periódicos con solo una suscripción Ver catálogo
1 mes $9.99
1 año$99.99 $49.99
$4/mes
Suscríbete solo a Financial Express Lucknow
1 año $15.99
comprar esta edición $0.99
En este asunto
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.

2 mins
Tesla Jobs Post Signals India Entry
Follows recent Modi-Musk meet

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.

1 min
Demand for Indian workers set to rise
3 mn may get job opportunities in 7 key regions by 2030

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

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.

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.

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.

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.

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.

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.

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.

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.

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.

3 mins
Data dilemma
The game lies in smart extraction, not soppy denial

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
Financial Express Lucknow Newspaper Description:
Editor: The Indian Express Ltd.
Categoría: Newspaper
Idioma: English
Frecuencia: Daily
The Financial Express brings the latest and breaking business news from Markets and Industries in India.
The Financial Express is the best source of information on Business, Finance, Stock Markets, Equity market, Economy, companies and Industries.
Subascribe and stay updated with business & market latest news and analysis report of Financial Markets, Economy and Businesses.
Cancela en cualquier momento [ Mis compromisos ]
Solo digital