CATEGORIES

GHCL shareholders reject Sanjay Dalmia as director
Financial Express Mumbai

GHCL shareholders reject Sanjay Dalmia as director

SHAREHOLDERS OF SODA ash manufacturer GHCL have rejected a resolution to reappoint its chairman Sanjay Dalmia as a director of the company, with about 32% of the votes polled against the motion.

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1 min  |
July 03, 2023
Taiwanese firms look to shift production bases to India
Financial Express Mumbai

Taiwanese firms look to shift production bases to India

AIM TO DECOUPLE GLOBAL SUPPLY CHAIN FROM BEIJING

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2 mins  |
July 03, 2023
Merck signs pact with Atomic Energy Commission for heavy water supply
Financial Express Mumbai

Merck signs pact with Atomic Energy Commission for heavy water supply

MERCK LIFE SCIENCE will prosoon start the commercial duction of deuterated compounds from its Bengaluru factory as it has entered into a five-year partnership with the India's Atomic Energy Commission for the constant supply of heavy water.

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1 min  |
July 03, 2023
Musk imposes daily limits on reading posts on Twitter
Financial Express Mumbai

Musk imposes daily limits on reading posts on Twitter

TWITTER OWNER ELON Musk has limited the number of tweets that users can view each day - restrictions he described as an attempt to prevent unauthorised scraping of potentially valuable data from the social media platform.

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1 min  |
July 03, 2023
OMS to go on till cereal prices dip
Financial Express Mumbai

OMS to go on till cereal prices dip

E-auction of rice by FCI this week

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2 mins  |
July 03, 2023
Private firms want competition check on Power Grid
Financial Express Mumbai

Private firms want competition check on Power Grid

SC verdict bringing CIL under competition law acts as the fresh trigger

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2 mins  |
July 03, 2023
NHAI to stick to HAM, EPC for awarding highways
Financial Express Mumbai

NHAI to stick to HAM, EPC for awarding highways

Not many projects likely to be awarded under BOT

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2 mins  |
July 03, 2023
Kiranas see sales uptick as rural India recovers
Financial Express Mumbai

Kiranas see sales uptick as rural India recovers

GROWTH RATE OF AROUND 4-5% LIKELY IN JUNE QUARTER FOR TRADITIONAL TRADE

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2 mins  |
July 03, 2023
Monsoon covers entire country six days early
Financial Express Mumbai

Monsoon covers entire country six days early

THE SOUTHWEST MONSOON, despite the most delayed onset in the last four years over the Kerala coast on June 8, covered the entire country on Sunday, six days ahead of the normal date, the India Meteorological Department (IMD) has said.

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2 mins  |
July 03, 2023
A $7.5-bn trade shifts to India as SGX feud ends
Financial Express Mumbai

A $7.5-bn trade shifts to India as SGX feud ends

Derivative contracts with a notional value of about $7.5 billion traded in Singapore will shift to GIFT City of Gujarat as the cross-border trading link between Singapore Exchange and NSE Nifty 50 Index —the two Asian countries’ top bourses —gets fully operational on Monday, reported Bloomberg.

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1 min  |
July 03, 2023
Capex push sees India Inc's debt rise to record ₹36.63 trn in FY23
Financial Express Mumbai

Capex push sees India Inc's debt rise to record ₹36.63 trn in FY23

Reliance tops charts with ₹3.35 trillion

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2 mins  |
July 03, 2023
China firms no-go area for 5G orders
Financial Express Mumbai

China firms no-go area for 5G orders

Purchases may be allowed for 4G network upgrade

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2 mins  |
July 03, 2023
Financial Express Mumbai

ATF prices increase 1.6% on global cues

Jet fuel or ATF price was today hiked by 1.65 per cent - the first increase in rate after fourth months of reduction warranted by softening oil prices.

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1 min  |
July 02, 2023
Financial Express Mumbai

Nokia renews patent licence agreement with Apple

NETWORK INFRASTRUCTURE AND 5G technology provider Nokia has signed a new long-term patent license agreement with Apple to replace the current deal between the two companies that are set to expire at the end of 2023.

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1 min  |
July 02, 2023
PSBS profit tripled to ₹1.04 trn in 9 yrs: FM
Financial Express Mumbai

PSBS profit tripled to ₹1.04 trn in 9 yrs: FM

Finance Minister Nirmala Sitharaman on Saturday said the public sector banks' profit in the last nine years has tripled to ₹1.04 lakh crore due to initiatives taken by the government and underlined the need for continuing the momentum to fuel economy. The net profit of public sector banks (PSBs) has almost tripled to ₹1.04 lakh crore in FY23 from ₹36,270 crore in FY2014.

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2 mins  |
July 02, 2023
Govt spending over ₹6.5 trn per year on agriculture, farmers: PM
Financial Express Mumbai

Govt spending over ₹6.5 trn per year on agriculture, farmers: PM

Asks cooperatives to become a model of transparency

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2 mins  |
July 02, 2023
Climate change ushers Canada's 'new abnormal': Wildfires, smoke
Financial Express Mumbai

Climate change ushers Canada's 'new abnormal': Wildfires, smoke

IT WAS A smell that invoked a memory. Both for Emily Kuchlbauer in North Carolina and Ryan Bomba in Chicago. It was smoke from wildfires, the odour of an increasingly hot and occasionally on-fire world.

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3 mins  |
July 02, 2023
China names new PBOC party chief, in line to be Guv
Financial Express Mumbai

China names new PBOC party chief, in line to be Guv

CHINA NAMED PAN Gongsheng as the central bank's new Communist Party chief, putting him in line to be the next governor.

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1 min  |
July 02, 2023
Biden proposes alternative student debt relief plan; lashes out at GOP
Financial Express Mumbai

Biden proposes alternative student debt relief plan; lashes out at GOP

If an individual misses their payments, 'on ramp' will temporarily remove the threat of default or having their credit harmed.

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1 min  |
July 02, 2023
Social media blamed for widespread unrest
Financial Express Mumbai

Social media blamed for widespread unrest

Talks between the government and social media platforms have started with the aim to speed up the process to remove content inciting violence

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2 mins  |
July 02, 2023
Violent clashes sweep France
Financial Express Mumbai

Violent clashes sweep France

Over 1,300 arrested overnight, 45,000 officials deployed

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2 mins  |
July 02, 2023
June passenger vehicle sales growth down to 2%
Financial Express Mumbai

June passenger vehicle sales growth down to 2%

AFTER A STELLAR performance in May, wholesale dispatches of cars and SUVs in June slowed down following the closure of production for some days by Maruti Suzuki and some softening in retail demand in markets where there has been deficient rainfall.

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1 min  |
July 02, 2023
Financial Express Mumbai

UPI transactions fall slightly in June, remain above 9-bn mark

TRANSACTIONS ON UNIFIED payments interface (UPI) fell slightly to 9.3 billion in June, data from the National Payments Corporation of India showed. While transaction volume had clocked the 9.4 billion mark in May, experts attribute the dip in June to there being one less day in the month.

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1 min  |
July 02, 2023
Flying getting more flavourful now
Financial Express Mumbai

Flying getting more flavourful now

In-flight meals go gourmet with vegan, festive food

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2 mins  |
July 02, 2023
Aim to double every 4 yrs: HDFC Bank MD
Financial Express Mumbai

Aim to double every 4 yrs: HDFC Bank MD

FOLLOWING A MERGER with parent Housing Development Finance Corporation (HDFC), HDFC Bank's managing director and chief executive Sashidhar Jagdishan on Saturday said the country's largest lender aims to double every four years. In a letter to the over 4,000 employees from HDFC who joined the bank's rolls on Saturday, Jagdishan said the future is bright, and work on realising the potential of the merger starts now.

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1 min  |
July 02, 2023
Financial Express Mumbai

Byju's, lenders renew talks to restructure $1.2-bn loan

BYJU'S AND SOME of its lenders have restarted negotiations in a bid to restructure its $1.2-billion term loan after the education technology firm breached certain terms of its debt agreement, according to people familiar with the situation.

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1 min  |
July 02, 2023
FM buoyant on GST mop-ups
Financial Express Mumbai

FM buoyant on GST mop-ups

June collection up 12% on year at ₹1.61 trillion

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2 mins  |
July 02, 2023
Liberalism today is a dogmatic religion: Gaur Gopal Das
Financial Express Mumbai

Liberalism today is a dogmatic religion: Gaur Gopal Das

FROM THE IMPORTANCE of journaling to refraining from seeking validation on social media to decoding the primary reason behind conflicts whether it arises inside a home or between countries - life coach, author and motivational strategist Gaur Gopal Das addressed various subjects at Express Adda on Thursday. But one topic that saw him most animated was the importance and relevance of people adding their pronouns at the end of emails or on social media.

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2 mins  |
July 01, 2023
Peak power demand falls 10% in one week
Financial Express Mumbai

Peak power demand falls 10% in one week

India's peak power demand crossed 223 GW, the highest this summer, on June 9 and the total electricity consumed on that day stood at 4,913 MU

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2 mins  |
July 01, 2023
Time to hang my boots with anticipation, hope: Parekh
Financial Express Mumbai

Time to hang my boots with anticipation, hope: Parekh

IN HIS LAST letter to shareholders before the merger of HDFC and HDFC Bank, HDFC chairman Deepak Parekh on Friday said that he would be \"hanging his boots\". The merger will take effect on Saturday.

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1 min  |
July 01, 2023