CATEGORIES

Financial Express Kolkata

Bond yield logs biggest single-day rise in 7 mths

GOVERNMENT BOND YIELDS marched higher on Monday, with the benchmark yield logging its biggest single-session rise in over seven months, as US Treasury yields continued to rally after robust economic data, while a tumbling rupee also weighed on sentiment.

time-read
1 min  |
January 14, 2025
Financial Express Kolkata

Rupee fall casts shadow over policy rate cuts

A SIGNIFICANT DEPRECIATION in the rupee could defer rate cuts by the Reserve Bank of India (RBI), as it fuels inflation by making imports more expensive.

time-read
1 min  |
January 14, 2025
Financial Express Kolkata

Sinking rupee, surging oil drive indices to 7-mth low

Sensex plunges over 1,000 points, Nifty declines 345 points

time-read
2 mins  |
January 14, 2025
Financial Express Kolkata

US sanctions on Russia crude: Oil jumps to over $80

The Oil Saga

time-read
1 min  |
January 14, 2025
Financial Express Kolkata

Imported inflation, fiscal costs remain key worries

THE RUPEE'S SHARP slide has the immediate effect of jacking up imported inflation.

time-read
2 mins  |
January 14, 2025
Financial Express Kolkata

Will we ever see 85 again?

BOY, THAT WAS quick. The rupee had slipped from a wobbly 83+ before Trump's election through 84 and accelerated through 85, and finally, on Monday morning, fell screaming through 86 to the dollar.

time-read
2 mins  |
January 14, 2025
Financial Express Kolkata

Rupee unlikely to breach the 88-mark in FY25: Experts

THE RUPEE HAS fallen 232 paise, or 3.37%, since the US Federal Reserve cut interest rates in September for the first time in four years, but the majority of market participants believe that it will not breach the 88-mark by the end of this fiscal.

time-read
2 mins  |
January 14, 2025
Financial Express Kolkata

Overseas study, travel to cost more

Be Ready For Additional Spending

time-read
2 mins  |
January 14, 2025
Financial Express Kolkata

TVs, refrigerators, ACs may get dearer by 5% on falling Rupee

PRICES OF TVs, washing machines, air conditioners and refrigerators may go up by at least 5% as the rupee continues to depreciate.

time-read
2 mins  |
January 14, 2025
Financial Express Kolkata

Realty Attracts 6% More PE Funding in Apr-Dec

The private equity (PE) landscape in Indian real estate for the first nine months of FY25 reveals a shift despite declining deal numbers.

time-read
1 min  |
January 14, 2025
Financial Express Kolkata

HCLTech misses Q3 estimates

• Slight drop in deal activity to $2.1 bn

time-read
2 mins  |
January 14, 2025
Financial Express Kolkata

Headcount rises by over 2,000 employees

HCLTECH, THE COUNTRY'S third-largest IT services provider, added 2,134 employees in the December quarter, bringing its total headcount to 220,755.

time-read
1 min  |
January 14, 2025
Financial Express Kolkata

Telcos May Further Hike Tariffs by 10%

Focus on Monetisation

time-read
2 mins  |
January 14, 2025
Financial Express Kolkata

Tech firms likely to challenge Trai's international SMS rules

GLOBAL COMPANIES SUCH as Truecaller, Amazon and Uber are likely to urge the department of telecommunications (DoT) to not expedite approval to recommendations by the Telecom Regulatory Authority of India (Trai) on international SMS traffic.

time-read
1 min  |
January 14, 2025
Financial Express Kolkata

Import duty tweaks to boost local manufacturing sought

AS IMPORT TAXES cease to be a major revenue source for the government, the Budget for FY26 should be used to strategically adjust the rates to boost domestic manufacturing and bring average tariffs down, trade policy think tank GTRI said on Monday.

time-read
1 min  |
January 14, 2025
Financial Express Kolkata

Trump Tariff Burden on India Pegged at $14.6 Billion

IF THE INCOMING Donald Trump administration goes ahead with the proposed tariff hikes, it would result in an additional duty burden of $14.6 billion on India's exports to the US, according to a report by Boston Consulting Group (BCG).

time-read
1 min  |
January 14, 2025
Financial Express Kolkata

Direct tax collections rise 15.9% to ₹16.9 lakh cr

THE CENTRE'S DIRECT tax collections, after refunds, grew 15.9% year-on-year to ₹16.9 lakh crore till January 12 in the current financial year, data released by the finance ministry showed on Monday.

time-read
1 min  |
January 14, 2025
Financial Express Kolkata

Hopeful about higher agri growth in FY25: Principal secy to PM

THE AGRICULTURE AND allied sector is poised for stronger growth in FY25, driven by favourable monsoon conditions, according to P K Mishra, principal secretary to the Prime Minister.

time-read
1 min  |
January 14, 2025
Financial Express Kolkata

Food inflation down to 8.34% in Dec

More Relief In Sight

time-read
2 mins  |
January 14, 2025
Financial Express Kolkata

Finished steel imports at 6-year high

INDIA'S FINISHED STEEL imports hit at least a six-year high in the first nine months of FY25, according to provisional government data.

time-read
1 min  |
January 14, 2025
Financial Express Kolkata

Rupee depreciation over long term good for India: Panagariya

REFERRING TO THE rise of India's fortunes after the rupee was devalued in 1991, Sixteenth Finance Commission chairman Arvind Panagariya on Monday said the current policy of allowing the rupee to depreciate in the long run while managing it in the short run is the right one.

time-read
2 mins  |
January 14, 2025
Financial Express Kolkata

Disruption to Russian oil supply unlikely till March

THE GOVERNMENT DOES not expect any disruption to Russian oil supply in the next two months, given that US-sanctioned tankers are allowed to deliver crude until March, a senior official said on Monday.

time-read
1 min  |
January 14, 2025
Financial Express Kolkata

Chinese rivals gain ground as Apple plays AI catch-up

Global iPhone sales fall 5% in holiday quarter; Samsung also gives up share

time-read
1 min  |
January 14, 2025
Financial Express Kolkata

A fresh take on gifting

FERNS & PETALS MUST OFFER A BIGGER BOUQUET

time-read
3 mins  |
January 13, 2025
Financial Express Kolkata

SpaDeX: Isro brings satellites within 3-metre in trial attempt

MOVING TO ATTEMPT docking in space, the Indian Space Research Organisation (Isro) brought two SpaDeX satellites as close as 3 metres to each other Sunday morning.

time-read
2 mins  |
January 13, 2025
Financial Express Kolkata

Bumrah set to miss league stage of Champions Trophy

IN A SETBACK for India, strike bowler Jasprit Bumrah is likely to miss the group stage of next month's Champions Trophy due to health reasons.

time-read
1 min  |
January 13, 2025
Financial Express Kolkata

Devajit, Prabhtej elected BCCI secretary, treasurer

DEVAJIT SAIKIA, an advocate and a former wicket-keeper batsman from Assam, would succeed Jay Shah as the new secretary of the Indian cricket board (BCCI). He was elected unopposed—a poll was not contested as there were no contestants, electoral officer A K Joti stated in his declaration of results—to the seat left vacant after Shah assumed the office of the International Cricket Council chairman in December last year.

time-read
2 mins  |
January 13, 2025
Financial Express Kolkata

Anthem row intensifies in Tamil Nadu as Governor slams CM

A row between Tamil Nadu Governor R N Ravi and Chief Minister M K Stalin escalated on Sunday after Ravi accused the latter of \"arrogance,\" asserting that respect for the National Anthem and constitutional duties was non-negotiable.

time-read
2 mins  |
January 13, 2025
Financial Express Kolkata

We see early signs of revival, but challenges remain, says TCS CFO

How are AI projects shaping returns?

time-read
1 min  |
January 13, 2025
Financial Express Kolkata

IIT-K Steps In For Cyber Security At Maha Kumbh

WITH THE DIGITAL landscape changing considerably in the 12 years since Maha Kumbh was last held, the Uttar Pradesh government is anticipating a bigger threat this time from misinformation on social media and online frauds, and has roped in experts from IIT Kanpur to address these concerns.

time-read
1 min  |
January 13, 2025