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January 28, 2025

Goyal Discusses Advancing FTA Negotiations With Oman

TRADE MINISTERS OF India and Oman on Monday reviewed the progress of a proposed trade agreement between the two countries and focused on advancing the negotiations for the pact.

1 min

Modi to open Odisha investment meet today

Prime Minister Narendra Modi will open the two-day \"Utkarsh Odisha - Make in Odisha Conclave 2025\" in the state's capital Bhubaneswar on Tuesday.

1 min

Govt puts privatisation plans of 9 state-run firms on hold

THE GOVERNMENT IS pouring billions into ailing state-run firms after slowing ambitious divestment plans that were intended to reduce the role of the state in business, according to government sources and a document reviewed by Reuters.

1 min

Projects worth ₹10L cr unveiled at UP investor meet on track: Minister

OF THE ₹33.5-LAKH-CRORE investments committed at the Uttar Pradesh Global Investors Summit in February 2023, the work on proposals worth ₹10 lakh crore has already begun, the state's industry minister said.

2 mins

Scheme to bear transportation cost of farm produce under discussion

THE CENTRE IS in talks with states to develop a scheme to finance or reimburse the cost of transportation of agricultural commodities from producing regions to consumption points for the benefit of farmers as well as consumers, Union agriculture minister Shivraj Singh Chouhan said on Monday.

1 min

Gross tax revenue growth to be pegged at 10.5-11%

GROWTH FIGURE FOR APRIL-NOVEMBER STOOD AT 10.7%

2 mins

Upfront release of food subsidy helps cut FCI's PDS cost

Corporation not to take short-term loans this fiscal

1 min

Uniform Civil Code Comes Into Force in Uttarakhand

The BJP-ruled Uttarakhand on Monday became the first state in independent India to implement the Uniform Civil Code, which promotes equal laws for every citizen across all religions and standardizes personal laws on marriage, divorce, and property.

1 min

Lower gas allocation dents IGL's profit in Q3

Indraprastha Gas on Monday reported a fall of 31.5% in its consolidated net profit for the third quarter of the current financial year at ₹325.42 crore against ₹475.45 crore in the same period of FY24.

1 min

Waqf panel clears NDA MPs' 14 amendments

FROM RELAXING THE six-month window to register Waqf properties on a portal; replacing the district collector with a state official to be the arbiter on whether a property is Waqf property or government land; to having one member in the Waqf tribunal with \"knowledge of Muslim law and jurisprudence\" — the Joint Committee of Parliament (JCP) examining the Waqf (Amendment) Bill, 2024, has approved key changes to the proposed legislation.

1 min

Indian Oil's Q3 net profit slumps 77%

● Under-recovery on LPG sales hits revenue growth

1 min

Coal India registers 17.5% fall in profit

Poor Show

1 min

Tata Steel Q3 profit drops 43% to ₹295 cr

TATA STEEL ON Monday reported a 43.4% decline in consolidated net profit to ₹295.49 crore for the quarter ended on December 31, 2024, due to lower income.

1 min

Lodha brothers feud: Bombay HC proposes mediation route

The court said since the matter is between the two brothers, efforts should be made to resolve the dispute mutually

1 min

Coffee Island enters India, set to redefine specialty coffee

EUROPEAN COFFEE CHAIN Coffee Island, in partnership with Vita Nova Group, on Monday entered the Indian market, by opening its first outlet at HQ27 in Gurugram. It aims to introduce a distinctive European coffee culture to a burgeoning specialty coffee segment.

1 min

Sridhar Vembu steps down as Zoho CEO, assumes chief scientist role

ZOHO CORP FOUNDER Sridhar Vembu on Monday announced his decision to step down as CEO, bringing an end to nearly three decades at the helm of the business software giant he built into a multibillion-dollar enterprise.

2 mins

TCS skips BSNL 5G tender; Tejas, two local players only bidders

TATA CONSULTANCY SERVICES (TCS), which is deploying BSNL 4G sites, has skipped the state-owned telecom operator's tender to launch 5G services in Delhi. BSNL has received bids from three companies - Tejas Networks, Lekha Wireless and Galore Network - to roll out indigenous 5G in standalone (SA) architecture across 1,876 sites in Delhi, sources said.

2 mins

JSW Group to invest ₹2,600 cr in copper mines, plant in Jharkhand

THE JSW GROUP has secured the mine developer and operator (MDO) contract for two copper blocks in Jharkhand from Hindustan Copper Limited (HCL), marking its entry into non-ferrous mining.

1 min

India's Most Trusted Brand - Lyfcare

Rotech Growth Story

1 min

Adani Wilmar Q3 profit more than doubles to ₹411 crore

ADANI WILMAR ON Monday posted over twofold jump in consolidated net profit at ₹410.93 crore for December quarter 2024-25 on strong edible oil sales.

1 min

Juspay set to become first unicorn of 2025

On track to close $150-mn round

1 min

Swiggy, Zomato operationalise payments methods

NEW PAYMENT METHODS have been operationalised on the mobile applications of Swiggy and Zomato's Blinkit.

1 min

At ₹1 lakh round trip, airfares skyrocket for Maha Kumbh

Though the Directorate General of Civil Aviation (DGCA) urged airlines last week to rationalise fares on the Prayagraj route by adding more capacity, a look at spot airfares on the route throws up a contrasting picture.

2 mins

Amid EV push, Tata Motors looks at hydrogen and LNG options

Exploring Alternative Fuel

1 min

With recent deals, JSW Energy looks to raise capacity targets

Power Play

2 mins

With ₹39-crore profit, Piramal Enterprises back in black

PIRAMAL ENTERPRISES on Monday reported a net profit of ₹39 crore for the third quarter ended December.

1 min

Federal Bank Q3 net profit declines 5%

FEDERAL BANK ON Monday reported a 5% year-on-year decline in its net profit for the third quarter at ₹955 crore, impacted by higher bad loan provisioning.

1 min

Canara Bank Q3 net profit climbs 12%

NII DECLINES, NIM UNDER STRESS

1 min

RBI's bond purchases bring yields to three-year lows

Support May Be At 6.65%

2 mins

BOI sitting pretty on ₹60K-cr corporate credit pipeline: MD

BANK OF INDIA has a corporate loan pipeline of ₹60,000 crore, said Rajneesh Karnatak, managing director and chief executive officer, in the post-earnings call.

1 min

Applications Invited for Sebi Chief Post; Buch's Tenure Ends on February 28

JUST A MONTH ahead of the completion of the tenure of the Securities and Exchange Board of India (Sebi) chairperson Madhabi Puri Buch, the government on Monday invited applications to appoint a new chief.

1 min

Concerns in capital account trend

MONETARY POLICY INDEPENDENCE WILL BE TESTED

4 mins

What to expect from the Union Budget?

A lot is expected in terms of measures to push for growth in consumption and investment. On the other hand, a more detailed look at expenditure would be in order

4 mins

Focus on smaller players

Budget should look at removing policies that end up breeding local monopolies

2 mins

Godrej Consumer Products: Strong volume growth

To gain mkt share in home insecticides and emerging segments

1 min

Another steady quarter from ICICI Bank

Unsecured retail portfolio to grow in near-to-medium term

2 mins

IndiGo Charts a Positive Outlook

The airline will add 2 new international destinations by FY25

1 min

Nvidia's $465-bn rout is largest in market history

'Sputnik moment' for AI firms

1 min

Markets in red over DeepSeek

The S&P 500 dropped 1.5% while the Nasdaq 100 was down about 2.5%.

1 min

Pakistan cuts interest rates by 100 bps

ELON MUSK ASKED a federal judge to dismiss a proposed class action by voters who said the world's richest person defrauded them into signing a petition to support the U.S. Constitution for a chance to win his $1 million-a-day giveaway.

1 min

Core income boosts Union Bank profit

UNION BANK OF India on Monday reported a 28% increase in its net profit at ₹4,604 crore for the third quarter ended December 2024, helped by an improved core income.

1 min

Bajaj Housing Finance posts 25% rise in profit

BAJAJ HOUSING FINANCE on Monday reported a 25% year-on-year growth in its net profit to ₹548 crore for the December quarter, bolstered by a strong credit growth.

1 min

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Financial Express Chennai Newspaper Description:

الناشر: The Indian Express Ltd.

فئة: Newspaper

لغة: English

تكرار: Daily

The Financial Express brings the latest and breaking business news from Markets and Industries in India.
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