Financial Express Lucknow - January 20, 2025
Go Unlimited with Magzter GOLD
Read Financial Express Lucknow along with 9,000+ other magazines & newspapers with just one subscription View catalog
1 Month $9.99
1 Year$99.99 $49.99
$4/month
Subscribe only to Financial Express Lucknow
1 Year $15.99
Buy this issue $0.99
In this issue
January 20, 2025
India to work with EU to reduce China dependence
INDIA ON SUNDAY said it would work together with the European Union (EU) to reduce its dependence on non-market economies and develop cutting-edge technologies, secure critical raw material supply, and build resilient supply chains.
1 min
Rural housing spend to fall short of BE by ₹20,000 crore
The Budget outlay for the Centre's flagship affordable rural housing scheme—Pradhan Mantri Awaas Yojana-Gramin (PMAY-G)—may be around ₹35,000 crore, much lower than the Budget estimate of ₹54,500 crore for the current fiscal year, official sources said.
2 mins
Pick-up in investments, hiring expected in FY26: CII Survey
THE MAJORITY OF private firms are expected to step up investments and employment in 2025-26, as India continues to shine as a bright spot in a challenging global economic environment, according to a survey by industry body CII.
1 min
Lower import tariffs on inputs, other incentives sought
The Budget could undertake adjustments of taxes and unveil incentives for the industry to take advantage of the opportunity that could emerge if Trump administration's moves escalate trade tensions globally, according to experts.
2 mins
Petroleum products exports rise 2% in April-December
INDIA'S EXPORTS OF petroleum products grew marginally by 1.5% to 47.5 million tonne during April-December, compared to 46.8 million tonne in the same period last fiscal, according to data from the Petroleum Planning and Analysis Cell.
1 min
Petroleum products exports rise 2% in April-December
India's exports of petroleum products grew marginally by 1.5% to 47.5 million tonne during April-December, compared to 46.8 million tonne in the same period last fiscal, according to data from the Petroleum Planning and Analysis Cell.
3 mins
Balancing Growth With Fiscal Consolidation
India's fiscal year 2026 (FY26) presents a balancing act: maintaining fiscal consolidation while supporting economic growth. The government aims for a 10.5% growth in gross tax revenue, reaching ₹42.1 lakh crore, and a 10% increase in non-tax revenue. A 20% rise in capital expenditure is projected to achieve over 6.5% real GDP growth, while keeping the fiscal deficit at 4.4% of GDP.
1 min
Govt likely to meet target of 10,000 FPOs by FY25
THE GOVERNMENT IS aiming to meet the target of 10,000 new farmer producer organisations (FPOs) by the end FY25, five years after the launch of the central sector scheme.
1 min
India and NZ Should Address Market Access for Goods: GTRI
INDIA AND NEW ZEALAND should address market access issues for goods, promote collaborations in key sectors, and work on improving connectivity with an aim to boost bilateral trade, which is just $1.5 billion, think tank GTRI said on Sunday.
1 min
Southern states vie to woo global investors at Davos summit
TN Loses Investment Body Chief Ahead Of Meet
1 min
India-Oman FTA talks nearing completion
AFTER CONCLUSION OF negotiations on the free trade agreement (FTA), Oman's request to reconsider some of the concessions that it had earlier conceded to is being discussed, a senior official said, adding that changes sought by Oman are minimal.
1 min
EPFO Discusses Pendency of Applications for Higher Pensions
The Executive Committee (EC) of the Central Board of Trustees (CBT) of the Employees' Provident Fund Organisation's (EPFO) on Saturday discussed the status of the pending applications of subscribers who opted for higher pensions, post a Supreme Court ruling in 2022.
1 min
Govt capex flow augurs well for FY26
Truck and bus maker Ashok Leyland (ALL) has unveiled three new commercial vehicles, including an electric light truck, at the Auto Expo.
2 mins
VinFast's India plan on despite no clarity on govt incentive
VIETNAM'S LEADING AUTOMAKER VinFast has decided to go ahead with its India plan irrespective of whether the government decides to include it in the EV manufacturing promotion scheme.
2 mins
Reliance steps up distribution push as FMCG vertical grows
THE FAST-MOVING CONSUMER goods (FMCG) arm of Reliance, which has touched ₹8,000 crore in topline for the first nine months of FY25, will expand distribution in north and west India, sources have told FE.
1 min
Tech firms face setback as Wi-Fi spectrum allocation plan nixed
DoT DECISION MAY DELAY ADOPTION OF NEXT-GENERATION DEVICES
2 mins
ArcelorMittal Nippon Steel's two new output lines to boost auto biz
ArcelorMittal Nippon Steel (AM/NS) India is looking to give a boost to its automotive steel business with the scheduled commissioning of two production lines dedicated to manufacturing advanced automotive steel products.
2 mins
Hindenburg founder faces scrutiny
NATE ANDERSON, 'ACTIVIST', short-seller who has announced shutting down of his almost eight years old research firm Hindenburg, is under cloud for alleged links with hedge funds in preparing reports targeting companies, a Canadian portal said citing documents filed before a court in Ontario.
1 min
Fighting halts in Gaza as ceasefire begins, Hamas frees 3 hostages
First Formal Truce in 15-Month-Old War
1 min
Trump Holds Victory Rally Ahead of Inauguration
Mukesh, wife Nita to attend the event
1 min
Trump Promises Executive Order Aiding TikTok
PRESIDENT-ELECT DONALD Trump asked technology companies to \"not let TikTok stay dark\" and announced he would extend a deadline to sell the company after the video platform suspended its services in the US and Apple and Google removed the platform from their app stores.
1 min
Bank of Japan set to raise interest rates
BANK OF JAPAN governor Kazuo Ueda will size up the need to raise interest rates on Friday amid heightened expectations of a hike — and barring a market shock triggered by Donald Trump's first few days in the White House.
1 min
Protesters storm court after it extends Yoon's detention
HUNDREDS OF SUPPORTERS of South Korea's arrested president, Yoon Suk Yeol, stormed a court building early on Sunday after his detention was extended, smashing windows and breaking inside, an attack the country's acting leader called \"unimaginable\".
1 min
FPIs Take Out ₹44,396 Crore From Equities So Far in Jan
FOREIGN INVESTORS HAVE pulled out ₹44,396 crore from Indian equities this month, driven by strength of the dollar, rising bond yields in the US, and expectations of a weak earnings season.
1 min
Aadhar Housing Finance aims to grow AUM by 22%: MD
AADHAR HOUSING FINANCE is expected to grow its assets under management by 22% by the end of the current fiscal, managing director and CEO Rishi Anand said in an email interaction.
1 min
Kotak Mahindra Bank expects NIM to improve
KOTAK MAHINDRA BANK expects its net interest margin (NIM) to improve in the coming quarters, supported by the reduction in interest rates on savings accounts and the growth in the share of current account deposits, said Devang Gheewalla, group chief financial officer, during an analyst call.
1 min
Mkt volatility may force life insurers to rethink ULIP plans
A PROLONGED VOLATILITY in the stock markets could dampen the investor appetite for unit linked insurance plans (ULIPs), prompting life insurers to shift the focus towards guaranteed income and pure protection plans like term insurance, industry experts said.
1 min
Skilling shouldn't be on a budget
● Focus on women, migrant workers, infrastructure
2 mins
No way to declare exempt gift in ITR
These can trigger an I-T notice if not properly reported
2 mins
MBA Isn't At Risk; It's In Transition
Despite poor placements at business schools last year, the MBA degree isn't at risk.
2 mins
Hybrid funds built for volatility
● If interest rates fall, bond component of such funds will benefit
2 mins
Trade Partner Or Adversary?
India must think beyond China-Plus-One strategy as the world trade order is rapidly changing
2 mins
Diplomacy Just As Vital As Expertise To Run Restaurant
I have two pieces of pat advice for anyone rash enough to approach me for counsel. First, never speak to the press. Second, don't open a restaurant.
3 mins
Free up pricing of agriculture
MSP FRAMEWORK NEEDS A REVISIT, IN TERMS OF FREEING UP PRICES OF PRODUCTS AS ALSO MAJOR INPUTS
4 mins
PLFS reflects positive employment trends
As India strides towards the vision of Viksit Bharat, empowering youth with the right skills and work experience continues to be a priority
4 mins
Chennai Express charges ahead
Refined, familiar, and the fastest Creta ever produced, with more than 400 km real range
2 mins
Need for speed
● Are brands ready yet to join the pickleball party?
2 mins
A bigger playing field
● The male consumer has evolved, so it's time for Smart and Handsome to flex
3 mins
From chaos to control
● DocketRun AIoT solutions enhance safety & productivity
2 mins
The promise and perils of agentic AI
● Guardrails are needed for its safe and responsible use
2 mins
'Where developers reside, innovation blooms'
There are over 17 million developers in India building on GitHub, representing an increase of 28% in 2024, and making India the fast-growing developer community in the world.
2 mins
A handy tool for home security
It captures clear video footage up to 20 metres
1 min
A big display for entertainment
• A budget phone that provides a hasslefree experience
1 min
Comfortable design for 24/7 wear
● It tracks fitness, sleep, stress & other key health vitals
2 mins
LTIMindtree hopeful of sustaining growth momentum going ahead
FY26 TO OUTPERFORM FY25, SAYS MD & CEO
1 min
MRF: Crude prices, Re slide driving surge in tyre prices
RISING CRUDE OIL prices and a depreciating rupee are driving up tyre costs, according to Arun Mammen, vice chairman and managing director of MRF.
1 min
Assocham calls for eliminating coal cess
INDUSTRY BODY ASSOCHAM has pitched for the removal of coal cess stating that the move will support power-intensive industries like aluminium and maintain competitiveness of the domestic industry.
1 min
Early birds bring poor tidings
RELIANCE INDUSTRIES LIMITED (RIL) posted better-than-expected consolidated operating profits, up 7.7% y-o-y, on the back of a reasonably good show from the retail segment.
1 min
India Leads in Disaster Management, Says Shah
BACKED BY RESILIENT infrastructure in the area of disaster management, India has emerged as a global leader in the sector by adopting a 'zero casualty' goal during calamities, Union home minister Amit Shah said on Sunday.
1 min
Modi hails makers of Constitution, lauds EC for impartial polls
ADDRESSING THIS YEAR'S first edition of his monthly broadcast, Mann Ki Baat, Prime Minister Narendra Modi paid tribute to the makers of the Constitution-B R Ambedkar, Rajendra Prasad and Shyama Prasad Mukherjee, who participated in the Constituent Assembly debates.
1 min
Despite market volatility, STT collections jump 75%
Adding to Govt's Revenue Kitty
3 mins
We are living in a 24x7 economy
A FEW DAYS AGO, L&T chairman SN Subrahmanyan's comments on the 90-hour work week, and \"how long can you stare at your wife\", followed by company's HR head Sonica Muraleedharan's subsequent clarificatory statement, have sparked widespread public debate.
3 mins
These Men in Blue break boundaries for the disabled
ON JANUARY 7 this year, a 17-member Indian cricket team was given a warm send-off for a four-nation Champion Trophy tournament in Sri Lanka.
2 mins
'America First' stalls bond issuance bonanza in EMs
A RECORD START to the year for emerging-market bond sales is at risk of fizzling as high Treasury rates hamper weaker credits from tapping international capital.
1 min
Financial Express Lucknow Newspaper Description:
Publisher: The Indian Express Ltd.
Category: Newspaper
Language: English
Frequency: 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.
- Cancel Anytime [ No Commitments ]
- Digital Only