Financial Express Pune - December 26, 2024
Financial Express Pune - December 26, 2024
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December 26, 2024
Arunish Chawla named new revenue secy
The government on Wednesday appointed Arunish Chawla as the new revenue secretary, according to a personnel ministry order, reports the FE Bureau.
1 min
Experts Want PDS Food Items Out Of The New Inflation Series
STATISTICS MINISTRY FLOATS DISCUSSION PAPER
2 mins
EY report forecasts 6.5% growth in FY25, FY26
INDIA'S REAL GDP is expected to grow 6.5% in the current as well as the next financial year, according to the EY Economy Watch report.
1 min
Modi Lays Foundation Stone for MP River-Linking Project
PRIME MINISTER NARENDRA MODI on Wednesday accused Congress of ignoring Dr. B. R. Ambedkar's contribution to the development of water resources in the country as he laid the foundation stone of the Ken-Betwa river linking project in Madhya Pradesh.
1 min
Export Duty on Onion to Stay Till Retail Prices Cool
DESPITE A SHARP fall in mandi prices of onions due to arrival of kharif crop, the government is unlikely to remove 20% export duty on the staple vegetable citing higher retail prices.
1 min
India Boosts Position in World Market for Copper, Aluminum Wires
IN THE EXPANDING global market for aluminum and copper wires, India has increased its share and ranking among exporters in the past decade, according to data compiled by the commerce ministry.
1 min
Record RE addition of 30 GW, policy push for storage, hybrid energy
India made significant progress in the renewable energy (RE) sector in 2024 with total RE capacity reaching 205.5 gigawatt (GW) as of November in the current fiscal year 2024-25.
4 mins
Not bothered, people of Bengal will protect me, says Suvendu
Leader of the opposition Suvendu Adhikari on Wednesday said he was not bothered about any threat to his life from Bangladesh-based terror groups, asserting that the people of West Bengal would protect him in case of any eventuality.
1 min
Delhi govt disowns AAP's new schemes; Kejriwal targets BJP
In an unprecedented move, senior officers in the Delhi government released public notices and disowned the registration process started by chief minister Atishi and her predecessor, Arvind Kejriwal, for two schemes announced by the ruling AAP in the national capital.
1 min
Need to counter Congress on Ambedkar, BJP tells its allies
TDP SEEKS OPPOSITION-LIKE COORDINATION AT NDA MEET
2 mins
Near Congress' Belagavi session, a village walks on Mahatma's path
BELAGAVI WAS BUZZING with activity on Wednesday as the Congress prepared to celebrate the centenary of Mahatma Gandhi's appointment as party president in the city.
3 mins
Reverse flipping all set for 'homecoming' rush
• However, regulatory hurdles, high costs & tax timelines likely to pose challenges
2 mins
Ola reaches 4,000-store mark with EV network expansion
OLA ELECTRIC ON Wednesday expanded its network to 4,000 stores across the country, marking one of the fastest rollouts of EV distribution globally.
1 min
Synaptics to double workforce in India
NASDAQ-LISTED SEMICONDUCTOR solutions company Synaptics plans to double its workforce in India from 400 to 800 employees over the next two to three years, reinforcing its commitment to wireless and edge AI product development.
1 min
Economics of green hydrogen is very daunting
US-based Dastur Energy, which collaborated with the government on carbon capture, utilisation, and storage, is focusing on industrial decarbonisation, renewable energy integration, and clean fossil fuel utilisation as its key growth areas. The economics of green hydrogen are quite daunting.
2 mins
Risk management set to drive Dezerv's 2025 growth story
Dezerv, which largely caters to an affluent section of first-generation wealth creators including founders and C-suite executives, will prioritize risk management next year as markets navigate global uncertainties.
1 min
N Srinivasan Resigns as India Cements MD & CEO
INDIA CEMENTS LIMITED (ICL) on Wednesday announced that its former promoter N Srinivasan has stepped down as the company's managing director and CEO with immediate effect.
1 min
Insurance penetration slips below 4% in FY24
AFTER THREE YEARS, India's insurance penetration slipped below 4% in FY24, underscoring the challenges in meeting Irdai's 'Insurance for All by 2047' vision.
1 min
Long-term debt funds to gain from rate-cut cycle
EQUITIES HAVE OUTPERFORMED debt funds by a long margin for the last few years. But, with India being expected to enter a rate-cut cycle in a couple of months, things have started looking brighter for debt funds.
2 mins
Amitava Chatterjee Appointed J&K Bank MD
J&K Bank on Wednesday announced the appointment of Amitava Chatterjee, currently deputy managing director of State Bank of India (SBI), as its new managing director (MD) and CEO.
1 min
Recoveries may top FY25 target of ₹5,000 cr
Aiming to expand its footprint across the country, Yes Bank plans to open 400 branches in the next five years. In an exclusive interaction, Prashant Kumar, managing director and CEO, tells Sachin Kumar about growth plans and the strategy to garner deposits at a time when the banking sector is struggling to raise low-cost funds. Excerpts:
3 mins
A Baseline Scenario for Global Economy in 2025
Economic fragmentation will continue, pushing some countries to diversify their reserves further away from the US dollar and explore alternative payment systems
3 mins
Incremental gains
Growth in area under green cover is encouraging, but the threat of forest degradation must be averted
2 mins
Gender gaps persist
WOMEN'S ACCESS TO PAID WORK CAN ONLY IMPROVE WHEN THE ECONOMY IS CREATING ADEQUATE JOBS
4 mins
Wegovy & Zepbound's Next Lap Harder Than Acceptance
THIS TIME LAST year, people were still bickering about whether Novo Nordisk's Wegovy and Eli Lilly & Co.'s Zepbound represented a shortcut to losing weight or a medical breakthrough.
3 mins
'2025 will be the year of small language models'
INTERVIEW: MOHAMMED RAFEE TARAFDAR, CTO, INFOSYS
1 min
Garuda promotes precision agriculture in hinterland
● Trains over 500 rural women for agri-related services
1 min
Moving towards an IP-centric economy
A product mindset will help drive business growth
2 mins
Honda-Nissan deal may hold key to fight against BYD
HONDA MOTOR ABSORBING Nissan Motor could give the two struggling Japanese brands the scale they need to take on China's BYD, sales figures released on Wednesday show.
1 min
Russia Launches 'Inhuman' Christmas Day Attacks
Russia attacked Ukraine's energy system and some cities with cruise and ballistic missiles plus drones on Wednesday in an \"inhuman\" Christmas Day assault, Ukraine's President Volodymyr Zelenskiy said.
1 min
China Avoids Rate Cut to Brace for Future Pressure
CHINA REFRAINED FROM cutting the interest rate and drained the most cash since 2014 with a one-year policy tool, keeping its powder dry ahead of possible escalation in trade tensions with the US next year.
1 min
Yoon Defies Second Agency Summons Over Martial Law
SOUTH KOREA'S SUSPENDED President Yoon Suk Yeol did not respond on Wednesday to a second summons by anti-corruption authorities who, along with prosecutors, are investigating his short-lived martial law decree issued early this month.
1 min
₹ Impact on Auto Sector
Shopping ₹1.6 lakh crore cropped up in the primary market in 2024 by 90 firms, the highest for a year, topping the ₹1.19 lakh crore raised through IPOs in 2023.
2 mins
Azerbaijan Airlines plane crashes in Kazakhstan, many feared dead
AN EMBRAER PASSENGER jet flying from Azerbaijan to Russia crashed near the city of Aktau in Kazakhstan on Wednesday with 62 passengers and five crew on board, Kazakh authorities announced, saying 32 survivors had been rescued.
1 min
Prosperity through cooperation
IN JUNE, THE United National General Assembly (UNGA) adopted a resolution proclaiming 2025 as the International Year of Cooperatives with 'Cooperatives Build a Better World' as the theme.
3 mins
Office Leasing in Top Six Cities Hits Record: Report
WITH RISING DEMAND of premium workspaces, real estate consultant Anarock has said that realty firms are currently developing around 250 lakh square feet of office space across major cities for catering to the requirements of domestic and foreign companies.
1 min
At the G, India up against Head-strong Australia
● In-form batter declared fit for Boxing Day Test
2 mins
Quick, quicker, quickest...
SPEED THRILLS, AND how. Just six months ago, the opportunity for quick commerce was estimated at $30 billion by 2030, up from $6 billion in 2024.
3 mins
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