Financial Express Chennai - December 04, 2024Add to Favorites

Financial Express Chennai - December 04, 2024Add to Favorites

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In this issue

December 04, 2024

Not considering addition of new sectors in PLI schemes: Govt

THE GOVERNMENT ON Tuesday said it is not considering any proposal to include new sectors under the production-linked incentive (PLI) regime.

1 min

Petroleum product exports slip 12% in Nov

INDIA'S EXPORTS OF petroleum products in November declined by 12% year-on-year to 1.29 million barrels per day, driven by a significant fall in the supply to Europe, according to data provided by energy cargo tracking firm Vortexa.

2 mins

Safeguard duty on steel imports will deal MSMEs a blow

THE PROPOSAL FOR a 25% safeguard duty on steel imports, if implemented, will deal a blow to the struggling micro, small and medium enterprises (MSMEs) and engineering exports, according to industry representatives and experts.

Safeguard duty on steel imports will deal MSMEs a blow

1 min

Not considering addition of new sectors in PLI schemes: Govt

THE GOVERNMENT ON Tuesday said it is not considering any proposal to include new sectors under the production-linked incentive (PLI) regime.

1 min

Rate restructuring may spur parallel economy, say firms

TWO ASSOCIATIONS OF manufacturers and retailers have said that the new goods and services tax (GST) slabs proposed for readymade garments will promote a parallel economy, defeating the very purpose of GST.

Rate restructuring may spur parallel economy, say firms

2 mins

Higher GST on sin goods will offset losses from insurance

AN INCREASE IN goods and services tax (GST) on several items and a special levy of 35% on \"sin goods\" like cigarettes, as proposed by a group of ministers (GoM) formed by the GST Council, are expected to help partially offset revenue shortfalls due to abolition of the tax on insurance premiums, experts say.

2 mins

Safeguard duty on steel imports will deal MSMEs a blow

THE PROPOSAL FOR a 25% safeguard duty on steel imports, if implemented, will deal a blow to the struggling micro, small and medium enterprises (MSMEs) and engineering exports, according to industry representatives and experts.

Safeguard duty on steel imports will deal MSMEs a blow

1 min

Higher GST on sin goods will offset losses from insurance

AN INCREASE IN goods and services tax (GST) on several items and a special levy of 35% on \"sin goods\" like cigarettes, as proposed by a group of ministers (GoM) formed by the GST Council, are expected to help partially offset revenue shortfalls due to abolition of the tax on insurance premiums, experts say.

2 mins

Higher GST on sin goods will offset losses from insurance

AN INCREASE IN goods and services tax (GST) on several items and a special levy of 35% on \"sin goods\" like cigarettes, as proposed by a group of ministers (GoM) formed by the GST Council, are expected to help partially offset revenue shortfalls due to abolition of the tax on insurance premiums, experts say.

2 mins

Rate restructuring may spur parallel economy, say firms

TWO ASSOCIATIONS OF manufacturers and retailers have said that the new goods and services tax (GST) slabs proposed for readymade garments will promote a parallel economy, defeating the very purpose of GST.

Rate restructuring may spur parallel economy, say firms

2 mins

Safeguard duty on steel imports will deal MSMEs a blow

THE PROPOSAL FOR a 25% safeguard duty on steel imports, if implemented, will deal a blow to the struggling micro, small and medium enterprises (MSMEs) and engineering exports, according to industry representatives and experts.

Safeguard duty on steel imports will deal MSMEs a blow

1 min

Rate restructuring may spur parallel economy, say firms

TWO ASSOCIATIONS OF manufacturers and retailers have said that the new goods and services tax (GST) slabs proposed for readymade garments will promote a parallel economy, defeating the very purpose of GST.

Rate restructuring may spur parallel economy, say firms

2 mins

Petroleum product exports slip 12% in Nov

INDIA'S EXPORTS OF petroleum products in November declined by 12% year-on-year to 1.29 million barrels per day, driven by a significant fall in the supply to Europe, according to data provided by energy cargo tracking firm Vortexa.

2 mins

Petroleum product exports slip 12% in Nov

INDIA'S EXPORTS OF petroleum products in November declined by 12% year-on-year to 1.29 million barrels per day, driven by a significant fall in the supply to Europe, according to data provided by energy cargo tracking firm Vortexa.

2 mins

Safeguard duty on steel imports will deal MSMEs a blow

THE PROPOSAL FOR a 25% safeguard duty on steel imports, if implemented, will deal a blow to the struggling micro, small and medium enterprises (MSMEs) and engineering exports, according to industry representatives and experts.

Safeguard duty on steel imports will deal MSMEs a blow

1 min

Higher GST on sin goods will offset losses from insurance

AN INCREASE IN goods and services tax (GST) on several items and a special levy of 35% on \"sin goods\" like cigarettes, as proposed by a group of ministers (GoM) formed by the GST Council, are expected to help partially offset revenue shortfalls due to abolition of the tax on insurance premiums, experts say.

2 mins

Higher GST on sin goods will offset losses from insurance

AN INCREASE IN goods and services tax (GST) on several items and a special levy of 35% on \"sin goods\" like cigarettes, as proposed by a group of ministers (GoM) formed by the GST Council, are expected to help partially offset revenue shortfalls due to abolition of the tax on insurance premiums, experts say.

2 mins

Rate restructuring may spur parallel economy, say firms

TWO ASSOCIATIONS OF manufacturers and retailers have said that the new goods and services tax (GST) slabs proposed for readymade garments will promote a parallel economy, defeating the very purpose of GST.

Rate restructuring may spur parallel economy, say firms

2 mins

Safeguard duty on steel imports will deal MSMEs a blow

COST CONCERNS

Safeguard duty on steel imports will deal MSMEs a blow

2 mins

Disengagement over, ties with China improving: EAM

S JAISHANKAR'S STATEMENT IN LOK SABHA

2 mins

Family offices spread to smaller cities as presence of HNIs widens beyond metros

WITH ULTRA-HIGH-NET-WORTH FAMILIES no longer being concentrated in cities like Mumbai, Delhi, Bengaluru or Hyderabad, family offices are now proliferating in places such as Surat, Ludhiana, Lucknow, Ahmedabad, Nagpur and Coimbatore.

2 mins

Mobility startups need to navigate through grey regulatory zones

MOBILITY AND RIDE-HAILING startups need not wait for full clarity on the regulatory front and it's fine if they operate in the grey area, in the initial stages, if that is not outright illegal, Kunal Khattar, co-founder of AvantEdge, an early investor in ride-hailing firm, Rapido, told FE.

1 min

Mobility startups need to navigate through grey regulatory zones

MOBILITY AND RIDE-HAILING startups need not wait for full clarity on the regulatory front and it's fine if they operate in the grey area, in the initial stages, if that is not outright illegal, Kunal Khattar, co-founder of AvantEdge, an early investor in ride-hailing firm, Rapido, told FE.

1 min

Airfares set to rise in coming quarters

AIRFARES ARE EXPECTED to inch up in the coming quarters following a rise in fuel prices and lease rentals becoming more expensive due to the depreciating rupee, ratings agency ICRA said on Tuesday.

Airfares set to rise in coming quarters

1 min

Mobility startups need to navigate through grey regulatory zones

MOBILITY AND RIDE-HAILING startups need not wait for full clarity on the regulatory front and it's fine if they operate in the grey area, in the initial stages, if that is not outright illegal, Kunal Khattar, co-founder of AvantEdge, an early investor in ride-hailing firm, Rapido, told FE.

1 min

Network issues: Vi's revenue market share hits all-time low

Analysts see Airtel & Jio gaining share as users port out

Network issues: Vi's revenue market share hits all-time low

1 min

'Whatever Trump decides on tariffs, it will create opportunities for India'

Textile-to-real estate group Raymond is seeing buoyant sales in the current quarter and expects a pick-up in the coming months.

1 min

Airfares set to rise in coming quarters

AIRFARES ARE EXPECTED to inch up in the coming quarters following a rise in fuel prices and lease rentals becoming more expensive due to the depreciating rupee, ratings agency Icra said on Tuesday.

1 min

Mobility startups need to navigate through grey regulatory zones

MOBILITY AND RIDE-HAILING startups need not wait for full clarity on the regulatory front and it's fine if they operate in the grey area, in the initial stages, if that is not outright illegal, Kunal Khattar, co-founder of AvantEdge, an early investor in ride-hailing firm, Rapido, told FE.

1 min

Network issues: Vi's revenue market share hits all-time low

Analysts see Airtel & Jio gaining share as users port out

Network issues: Vi's revenue market share hits all-time low

1 min

Airfares set to rise in coming quarters

AIRFARES ARE EXPECTED to inch up in the coming quarters following a rise in fuel prices and lease rentals becoming more expensive due to the depreciating rupee, ratings agency ICRA said on Tuesday.

Airfares set to rise in coming quarters

1 min

Family offices spread to smaller cities as presence of HNIs widens beyond metros

WITH ULTRA-HIGH-NET-WORTH FAMILIES no longer being concentrated in cities like Mumbai, Delhi, Bengaluru or Hyderabad, family offices are now proliferating in places such as Surat, Ludhiana, Lucknow, Ahmedabad, Nagpur and Coimbatore.

2 mins

GIC, BlackRock, Aberdeen among investors in Godrej's ₹6,000-cr QIP

GLOBAL AND DOMESTIC investors such as GIC, BlackRock, Aberdeen, Norges Bank, SBI Pension and ICICI Prudential Life Insurance, among others, have subscribed to the qualified institutional placement (QIP) of Godrej Properties.

1 min

Qntrl sees 30% rise in enterprise market

QNTRL, THE BUSINESS process management (BPM) platform under Zoho Corporation, is seeing a 30% growth in its enterprise customer base in India in fiscal 2025, Gopalakrishnan Vaikuntam, Global Product Manager told FE.

1 min

Qntrl sees 30% rise in enterprise market

QNTRL, THE BUSINESS process management (BPM) platform under Zoho Corporation, is seeing a 30% growth in its enterprise customer base in India in fiscal 2025, Gopalakrishnan Vaikuntam, Global Product Manager told FE.

1 min

Adanis stronger since Hindenburg: Report

The Adani Group is now in a much stronger position with no share pledges, low leverage, debt repayments, and improved valuations than at the time when it was under attack from short-seller Hindenburg, US-based research firm Bernstein has said.

2 mins

GIC, BlackRock, Aberdeen among investors in Godrej's ₹6,000-cr QIP

ON A GROWTH PATH

1 min

Adanis stronger since Hindenburg: Report

The Adani Group is now in a much stronger position with no share pledges, low leverage, debt repayments, and improved valuations than at the time when it was under attack from short-seller Hindenburg, US-based research firm Bernstein has said.

2 mins

EV major VinFast's India plant to act as global export hub

VIETNAMESE ELECTRIC VEHICLE (EV) major VinFast is preparing to install equipment and machinery at its India plant, which will have an annual capacity of 50,000 EVs.

1 min

Adanis stronger since Hindenburg: Report

The Adani Group is now in a much stronger position with no share pledges, low leverage, debt repayments, and improved valuations than at the time when it was under attack from short-seller Hindenburg, US-based research firm Bernstein has said.

2 mins

MapmyIndia shelves ₹35-crore investment plan in B2C venture

ALLAYING CONCERNS

2 mins

Adanis stronger since Hindenburg: Report

The Adani Group is now in a much stronger position with no share pledges, low leverage, debt repayments, and improved valuations than at the time when it was under attack from short-seller Hindenburg, US-based research firm Bernstein has said.

2 mins

Qntrl sees 30% rise in enterprise market

QNTRL, THE BUSINESS process management (BPM) platform under Zoho Corporation, is seeing a 30% growth in its enterprise customer base in India in fiscal 2025, Gopalakrishnan Vaikuntam, Global Product Manager told FE.

1 min

Qntrl sees 30% rise in enterprise market

QNTRL, THE BUSINESS process management (BPM) platform under Zoho Corporation, is seeing a 30% growth in its enterprise customer base in India in fiscal 2025, Gopalakrishnan Vaikuntam, Global Product Manager told FE.

1 min

Sebi nixes Trafiksol SME IPO, orders refund to investors

IN AN UNPRECEDENTED regulatory action, the Securities and Exchange Board of India (Sebi) has cancelled the public listing of SME Trafiksol ITS Technologies, whose listing was earlier put on hold pending investigation, and ordered a full refund to its investors within a week.

1 min

Banks see ₹10,000-crore dip in deposits: RBI data

Have raised nearly ₹19.6 lakh cr from Jan to Oct this year

2 mins

Banks see ₹10,000-crore dip in deposits: RBI data

Have raised nearly ₹19.6 lakh cr from Jan to Oct this year

2 mins

Indices hit one-month high ahead of RBI policy decision

FPIs net buyers for 2 days in a row

1 min

Indices hit one-month high ahead of RBI policy decision

FPIs net buyers for 2 days in a row

1 min

Sebi nixes Trafiksol SME IPO, orders refund to investors

IN AN UNPRECEDENTED regulatory action, the Securities and Exchange Board of India (Sebi) has cancelled the public listing of SME Trafiksol ITS Technologies, whose listing was earlier put on hold pending investigation, and ordered a full refund to its investors within a week.

1 min

Sebi plans portal for audit of brokers

IN A BID to align the audit process of stock brokers' technology and systems with the regulatory intent, market regulator the Securities and Exchange Board of India (Sebi) has proposed enabling stock exchanges to monitor and supervise stock brokers' system audits through an online web portal.

1 min

Indices hit one-month high ahead of RBI policy decision

FPIs net buyers for 2 days in a row

1 min

Sebi nixes Trafiksol SME IPO, orders refund to investors

IN AN UNPRECEDENTED regulatory action, the Securities and Exchange Board of India (Sebi) has cancelled the public listing of SME Trafiksol ITS Technologies, whose listing was earlier put on hold pending investigation, and ordered a full refund to its investors within a week.

1 min

Banks see ₹10,000-crore dip in deposits: RBI data

Have raised nearly ₹19.6 lakh cr from Jan to Oct this year

2 mins

Indices hit one-month high ahead of RBI policy decision

FPIs net buyers for 2 days in a row

1 min

Sebi nixes Trafiksol SME IPO, orders refund to investors

IN AN UNPRECEDENTED regulatory action, the Securities and Exchange Board of India (Sebi) has cancelled the public listing of SME Trafiksol ITS Technologies, whose listing was earlier put on hold pending investigation, and ordered a full refund to its investors within a week.

1 min

Neither good, nor simple

The GoM's proposals may be well-intended, but they will make the GST regime more complex

2 mins

Can we be sure of food inflation?

TREND SHIFTS IN FOOD PRICE LEVEL AND PRICE GROWTH PORTEND PERSISTENCE, NOT REVERSION

3 mins

Neither good, nor simple

The GoM's proposals may be well-intended, but they will make the GST regime more complex

2 mins

'The ₹1 lakh-plus price point is an exciting place to be in'

INTERVIEW: SUPARNA MITRA, CEO, watches and wearables division, Titan CORALIE CHARRIOL, CEO & creative director, Charriol

'The ₹1 lakh-plus price point is an exciting place to be in'

1 min

'The ₹1 lakh-plus price point is an exciting place to be in'

Titan Company's premium watch retail arm Helios recently tied up with Charriol, a Swiss luxury watchmaker, to expand its collection of over 40 global brands.

'The ₹1 lakh-plus price point is an exciting place to be in'

1 min

Click and connect

Personalised marketing is no longer just a trend

Click and connect

2 mins

Click and connect

Personalised marketing is no longer just a trend

Click and connect

2 mins

South Korea put under martial law

SOUTH KOREAN PRESIDENT Yoon Suk Yeol on Tuesday declared martial law in an unannounced late night address broadcast live on YTN television, claiming he would eradicate \"shameless pro-North Korean anti-state forces\".

1 min

South Korea put under martial law

SOUTH KOREAN PRESIDENT Yoon Suk Yeol on Tuesday declared martial law in an unannounced late night address broadcast live on YTN television, claiming he would eradicate \"shameless pro-North Korean anti-state forces\".

1 min

Swiggy narrows loss in first post-IPO earnings

However, it's still way behind Zomato, which reported a 389% jump in its consolidated net profit to ₹176 crore during the July-September quarter.

2 mins

Bangla mission vandalism: India's envoy called, services suspended

A DAY AFTER some protesters breached security barricades at the Bangladesh Assistant High Commission in Agartala and vandalised the property, Bangladesh summoned Indian High Commissioner Pranay Verma to the foreign affairs ministry in Dhaka on Tuesday.

2 mins

Militant behind tunnel workers attack gunned down, says J&K Police

THE JAMMU AND Kashmir Police on Tuesday claimed to have killed a Lashkar-e-Toiba militant involved in the killing of seven employees of a construction firm that was building the Z-Morh tunnel near Sonamarg.

1 min

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Financial Express Chennai Newspaper Description:

PublisherThe Indian Express Ltd.

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