CATEGORIES

Financial Express Mumbai

Must resolve border issue mutually: China to India

Several rounds of military and diplomatic talks have helped to ease tensions between the two armies, but New Delhi has described the situation on the border as fragile and dangerous

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1 min  |
July 16, 2023
Developed nations urged to fulfill $100-bn climate pledge
Financial Express Mumbai

Developed nations urged to fulfill $100-bn climate pledge

PM details India's efforts to address climate change

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1 min  |
July 16, 2023
Fish in Atlantic ecosystem fuel industry debate
Financial Express Mumbai

Fish in Atlantic ecosystem fuel industry debate

Overfishing of the Atlantic menhaden for various purposes is a grim reminder of how commercial activities can be disastrous for ecology

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2 mins  |
July 16, 2023
India selects naval version of Rafale: Dassault Aviation
Financial Express Mumbai

India selects naval version of Rafale: Dassault Aviation

THE INDIAN GOVERNMENT announced the selection of the naval variant of Rafale jets to equip the Indian Navy with the latest-generation fighter, Dassault Aviation, French aerospace major and maker of the aircraft, said on Saturday.

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1 min  |
July 16, 2023
Chandrayaan-3 to undergo crucial phase of its journey towards Moon
Financial Express Mumbai

Chandrayaan-3 to undergo crucial phase of its journey towards Moon

THE HISTORIC CHANDRAYAAN-3 mission launched on Friday will undergo a crucial 40-day phase as the \"onboard thrusters would be fired and taken further away from Earth for an eventful landing on Moon's surface,\" Director of Vikram Sarabhai Space Centre S Unnikrishnan Nair said.

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1 min  |
July 16, 2023
DMart Q1 profit rises just 2.5% despite higher sales
Financial Express Mumbai

DMart Q1 profit rises just 2.5% despite higher sales

AVENUE SUPERMARTS, WHICH runs the DMart chain of stores in India, reported only a 2.5% year-on-year growth in consolidated net profit to ₹659 crore for the quarter ended June 30, 2023 (Q1), despite double-digit growth in revenue. Consolidated revenue for the quarter came in at ₹11,865 crore, up 18.2% versus the year-ago period, the company's results showed.

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1 min  |
July 16, 2023
With Dharavi makeover a go, residents fear about houses, livelihood
Financial Express Mumbai

With Dharavi makeover a go, residents fear about houses, livelihood

EVEN AS THE Maharashtra government has formally awarded the 259-hectare Dharavi redevelopment project to an Adani Group firm, residents fear that the poor who depend on local businesses will suffer due to the project.

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2 mins  |
July 16, 2023
We have created value for stakeholders: Uday Kotak
Financial Express Mumbai

We have created value for stakeholders: Uday Kotak

KOTAK MAHINDRA BANK has created value for stakeholders and now provides 10,000 direct jobs and many more in indirect jobs, managing director and chief executive officer Uday Kotak said in a letter to shareholders.

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1 min  |
July 16, 2023
CNG cars haven't run out of fuel yet
Financial Express Mumbai

CNG cars haven't run out of fuel yet

EVEN AS CAR manufacturers are focusing on hybrid and electric vehicles, they are also invested in launching CNG variant of various models, mainly because of low running cost it offers to the consumers.

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1 min  |
July 16, 2023
India depending on bilaterals for consensus on war
Financial Express Mumbai

India depending on bilaterals for consensus on war

THE GROUP OF Twenty countries' leaders won't come together to discuss the language describing Russia's war in Ukraine, with host India shifting to one-on-one discussions in an attempt to get an agreement.

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2 mins  |
July 16, 2023
India, UAE sign pact to trade in local currencies
Financial Express Mumbai

India, UAE sign pact to trade in local currencies

Fast payment systems of both nations to be linked

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2 mins  |
July 16, 2023
Climate change now impacting corporate offices too
Financial Express Mumbai

Climate change now impacting corporate offices too

Global firms insist on climate literacy for staff

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3 mins  |
July 16, 2023
Financial Express Mumbai

Netflix targets for global domination

IT'S A TURBULENT time in Hollywood, with television and movie actors now on strike, joining the screenwriters who have been picketing since May.

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1 min  |
July 15, 2023
Farmer cooperatives will boost economy, jobs: Shah
Financial Express Mumbai

Farmer cooperatives will boost economy, jobs: Shah

COOPERATION MINISTER AMIT Shah on Friday said the contribution of agriculture and allied sectors to the country's GDP can further be enhanced by strengthening marketing, for which farmer producer organisations (FPOs) are the key.

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July 15, 2023
Maharashtra cabinet rejig: Ajit Pawar gets finance portfolio
Financial Express Mumbai

Maharashtra cabinet rejig: Ajit Pawar gets finance portfolio

The breakaway NCP group got Medical and Education to name a few

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1 min  |
July 15, 2023
Ericsson India sales up over two times in Q2
Financial Express Mumbai

Ericsson India sales up over two times in Q2

CONTINUING ITS STRONG performance, global communications service provider Ericsson reported an over two times increase in its sales in India year-on-year in the April-June quarter.

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1 min  |
July 15, 2023
Gold poised for best week in 3 months
Financial Express Mumbai

Gold poised for best week in 3 months

GOLD EASED ON Friday, but was on track for its biggest weekly gain since April after signs of slowing inflation raised expectations of a pause in US interest rate hikes.

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1 min  |
July 15, 2023
Financial Express Mumbai

Bandhan Bank profit slips 19% to ₹721 crore

BANDHAN BANK ON Friday reported an 18.66% Y-o-Y fall in its net profit to ₹721.05 crore for the first quarter this fiscal as the operating profit declined 14.19%.

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1 min  |
July 15, 2023
Financial Express Mumbai

JSW Energy Q1 net falls 48%

JSW ENERGY HAS posted a 48.27% fall in consolidated net profit at ₹289.88 crore for the quarter ended June 30, impacted by expenses incurred for the acquisition of Mytrah Energy and Ind-Barath Energy. The net profit was also below Street estimate of ₹559 crore.

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1 min  |
July 15, 2023
Wipro guides for weak revenue performance in next quarter
Financial Express Mumbai

Wipro guides for weak revenue performance in next quarter

WIPRO REPORTEDA 2.8% quarter-on-quarter fall in IT services revenue to $2,778 million for the first quarter of the current fiscal due to an adverse macro and a slowdown in discretionary spends in keyverticals such as BFSI, consumer and hi-tech.

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1 min  |
July 15, 2023
Ease of doing biz: MCA withdraws 7,338 court cases
Financial Express Mumbai

Ease of doing biz: MCA withdraws 7,338 court cases

THE MINISTRY OF Corporate Affairs (MCA) on Friday said it has decided to withdraw another 7,338 prosecutions, which have remained pending before various courts.

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1 min  |
July 15, 2023
Sitharaman: Need to sustain twin balance sheet advantage
Financial Express Mumbai

Sitharaman: Need to sustain twin balance sheet advantage

FINANCE MINISTER NIRMALA Sitharaman on Friday said banks' balance sheet and the corporate balance sheet are both in an advantageous position and that momentum needs to be sustained.

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1 min  |
July 15, 2023
Defence ties strong pillar of India-France relationship, says PM
Financial Express Mumbai

Defence ties strong pillar of India-France relationship, says PM

INDIA AND FRANCE were exploring possibilities for co-development and co-production of key military platforms for export to friendly countries and stepping up cooperation in space-based maritime awareness, Prime Minister Narendra Modi said on Friday as he held talks with French President Emmanuel Macron.

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2 mins  |
July 15, 2023
Financial Express Mumbai

Major headway in FTA talks with UK, big issues resolved

Both sides close to agreement on IPR, rules of origin

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2 mins  |
July 15, 2023
RBI to soon ease guidelines for rupee trade
Financial Express Mumbai

RBI to soon ease guidelines for rupee trade

THE RESERVE BANK of India (RBI) will soon issue guidelines for documentation to banks to iron out the difficulties faced by businesses to conduct trade in local currency with other countries, a senior official said on Friday.

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1 min  |
July 15, 2023
Financial Express Mumbai

Adanis awarded Dharavi project

THE MAHARASHTRA GOVERNMENT has finally awarded the Dharavi redevelopment project to the Adani group.

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1 min  |
July 15, 2023
Third moon mission lifts hope
Financial Express Mumbai

Third moon mission lifts hope

INDIA'S THIRD MISSION to the moon - Chandrayaan-3 - took off successfully from the Satish Dhawan Space Centre in Sriharikota in Andhra Pradesh on Friday.

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1 min  |
July 15, 2023
Financial Express Mumbai

Exports plunge 22%, steepest in 3 years

21 key sectors see fall; imports contract 17.5%

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3 mins  |
July 15, 2023
Got Your First Salary Cheque? Now Buy An Increasing Term Cover
Financial Express Mumbai

Got Your First Salary Cheque? Now Buy An Increasing Term Cover

This will offer added financial protection against inflation

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2 mins  |
July 14, 2023
Coal allocation scam: Ex-MP Darda, six others convicted
Financial Express Mumbai

Coal allocation scam: Ex-MP Darda, six others convicted

A DELHI COURT on Thursday convicted former Rajya Sabha MP Vijay Darda and former coal secretary HC Gupta, along with five other accused, in a CBI case related to irregularities in the allocation of a coal block in Chhattisgarh.

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1 min  |
July 14, 2023