CATEGORIES

Financial Express Mumbai

The gender digital divide

How girls and boys differ in their access to internet, devices

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2 mins  |
February 09, 2025
Financial Express Mumbai

Apple's dilemma in UK over encryption alarms experts

THE UK GOVERNMENT'S attempt to get Apple to build a backdoor into customer data stored on its cloud system is alarming privacy advocates and US government leaders who warn that the move could expose users' information worldwide.

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1 min  |
February 09, 2025
Financial Express Mumbai

Delhi HC quashes NFRA's show-cause notices against IL&FS and DHFL auditors

● Upholds the authority's constitutional validity

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1 min  |
February 09, 2025
Financial Express Mumbai

RBI treads the fine line deftly

IN LINE WITH our expectation, the Reserve Bank of India (RBI) on Friday cut the policy repo rate by 25 bps, taking it to 6.25%, while holding on to its 'neutral' stance. Both decisions were unanimous across all six members of the monetary policy committee.

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2 mins  |
February 08, 2025
Financial Express Mumbai

A sign of EVs catching up with petrol

Petrol motorcycles have a century of R&D behind them, but F77 SuperStreet shows electric bikes are getting there

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2 mins  |
February 08, 2025
Financial Express Mumbai

Suspense at AGM over voting

THE ANNUAL GENERAL meeting (AGM) of Religare Enterprises on Friday took an interesting turn after chairperson Rashmi Saluja stopped the discussion on her reappointment (agenda 2), stating that she was not liable to retire by rotation, said sources.

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1 min  |
February 08, 2025
Financial Express Mumbai

Can it revive Jeep's fortunes in India?

More affordable than Toyota Fortuner, has a plusher cabin

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1 min  |
February 08, 2025
Financial Express Mumbai

LCR, ECL regulations deferred

IN A SIGNIFICANT relief to banks, the Reserve Bank of India (RBI) has deferred the implementation of liquidity regulations at least by a year.

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2 mins  |
February 08, 2025
Financial Express Mumbai

Can't Handle AI Demand: Amazon

AMAZON warned investors that it could face capacity constraints in its cloud computing division despite plans to invest some $100 billion this year, with most of the money going toward data centers, homegrown chips and other equipment to provide artificial intelligence services.

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1 min  |
February 08, 2025
Financial Express Mumbai

On debut, governor bites the bullet

THE RESERVE BANK of India's decision to cut the repo rate by 25 basis points is expected to drive a further push to automotive and real estate demand, spurred by the Budget announcement of nil tax on an annual income of up to ₹12 lakh.

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2 mins  |
February 08, 2025
Financial Express Mumbai

Earlier you start loan repayment, lower the total interest outgo

● Last year, I took an education loan for my son. Should I start prepaying some amount now or leave it to my son to pay after the end of the moratorium period? ―Shubham Kumar

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1 min  |
February 08, 2025
Financial Express Mumbai

US job growth slows in Jan

US JOB GROWTH slowed more than expected in January after robust gains in the prior two months, but a 4% unemployment rate probably will give the Federal Reserve cover to hold off cutting interest rates at least until June.

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1 min  |
February 08, 2025
Financial Express Mumbai

Doge staffer quits over racist posts

A KEY STAFF member of US President Donald Trump's newly created Department of Government Efficiency or DOGE, headed by Elon Musk, resigned on Thursday owing to racial social media posts, including against India, The Wall Street Journal (WSJ) has reported.

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1 min  |
February 08, 2025
Financial Express Mumbai

Amazon Shares Drop as Cloud Growth and Sales Forecast Lag

Lackluster Performance

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1 min  |
February 08, 2025
Financial Express Mumbai

Musk calls drones, AI future of warfare

ELON MUSK, THE CEO of SpaceX, said that the future of warfare is AI and drones in a newly released video of his conversation last summer at the US Military Academy in West Point, New York.

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1 min  |
February 08, 2025
Financial Express Mumbai

Forward trading in G-Secs gets the nod

THE RESERVE BANK of India (RBI) on Friday announced the introduction of forward contracts in government securities (G-Secs) that would enable long-term investors like insurance funds to better manage interest rate risks across different rate cycles.

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1 min  |
February 08, 2025
Financial Express Mumbai

UK orders Apple to open up users' encrypted cloud data: Report

While security officials say data encryption features make it harder to catch criminals, tech firms have long guarded their users' right to privacy

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1 min  |
February 08, 2025
Financial Express Mumbai

Samsung workers' strike enters 3rd day

Standoff Continues

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1 min  |
February 08, 2025
Financial Express Mumbai

Trump Imposes Sanctions on International Criminal Court

US PRESIDENT DONALD Trump has authorized economic and travel sanctions targeting people who work on International Criminal Court (ICC) investigations of US citizens or US allies such as Israel, drawing condemnation – but also some praise – abroad.

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2 mins  |
February 08, 2025
Financial Express Mumbai

Airtel signals a revamp of home broadband strategy

Focus On Mass Retail Channels

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2 mins  |
February 08, 2025
Financial Express Mumbai

Karnataka to offer 10% extra incentive for manufacturing

The Karnataka Government will offer an additional 10% incentive to companies that transition their research and development (R&D) operations into local manufacturing units.

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1 min  |
February 08, 2025
Financial Express Mumbai

Govt pledges more tariff cuts ahead of PM's US visit

THE GOVERNMENT WILL continue to bring down tariffs and phase out additional levies on imports as domestic manufacturing improves, Sanjay Agarwal, chairman of the Central Board of Indirect Taxes and Customs, told Bloomberg News during an interview.

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1 min  |
February 08, 2025
Financial Express Mumbai

OpenAI Plans to Build Stargate AI Data Centers Across US

OPENAI IS SCOURING the US for sites to build a network of huge data centers to power its artificial intelligence (AI) technology, expanding beyond a flagship Texas location and looking across 16 states to accelerate the Stargate project championed by President Donald Trump.

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1 min  |
February 08, 2025
Financial Express Mumbai

The RBI's Fine Balancing Act

Given the global volatility and uncertainty amidst a downturn and a depreciating currency, the MPC has done so by reducing the repo rate but maintaining its stance

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3 mins  |
February 08, 2025
Financial Express Mumbai

Apple's 'affordable' iPhone set to get an AI upgrade

The new iPhone SE model loaded with features coming next week

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2 mins  |
February 08, 2025
Financial Express Mumbai

Bettencourt Meyers to retire from L'Oréal board

Françoise Bettencourt Meyers, heir to the L'Oréal fortune and Europe's richest woman, will retire from the board later this year, with the next generation of family members taking on more responsibility for the cosmetics company's governance.

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1 min  |
February 08, 2025
Financial Express Mumbai

More tariff cuts...

WHILE THE GOVERNMENT has slashed basic customs duty on luxury cars priced above ₹35 lakh to 70% from 125%, additional levies have been imposed to maintain the effective tax at 110%.

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1 min  |
February 08, 2025
Financial Express Mumbai

Netflix Considers Bid for Formula One's US TV Rights: Report

NETFLIX IS CONSIDERING a bid for Formula One's US broadcasting rights from the 2026 season, according to media reports on Friday, at a time when the streaming giant is making significant investments to grow live sports content.

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1 min  |
February 08, 2025
Financial Express Mumbai

Britannia to take on inflation with steep price hikes

FOOD MAJOR BRITANNIA will counter inflation in the ongoing (March) quarter with price hikes at double the rate of increases taken in the December quarter, said Varun Berry, executive vice-chairman & MD, in an earnings call on Friday.

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2 mins  |
February 08, 2025
Financial Express Mumbai

Sonata Software staring at margin impact

SHARES OF SONATA Software on Friday fell over 12% on the NSE after one of its largest clients decided to scale down its operations, impacting the IT firm's margins in the third quarter and affecting growth in Q4 as well.

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1 min  |
February 08, 2025