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January 07, 2025

Consent manager framework a key Big Tech concern

MAJOR TECHNOLOGY FIRMS, including Google, Amazon, Meta and Apple, plan to engage with the ministry of electronics and IT (MeitY) over concerns regarding the consent manager framework and a proposed government-appointed committee overseeing cross-border data transfers.

1 min

5 Infants Test Positive for HMPV in Gujarat, Karnataka, TN

FIVE INFANTS TESTED positive for the Human Metapneumovirus (HMPV) in Karnataka, Tamil Nadu, and Gujarat on Monday, the first reported cases of the virus in India.

1 min

Cutting-edge AI innovations to take centre stage at CES 2025

Top global companies to showcase advancements in mobility, digital health and sustainability

1 min

IIFCL Should Lend ₹1 Lakh Crore in 3 Years: Nagaraju

INDIA INFRASTRUCTURE FINANCE Company (IIFCL) may set an ambitious goal of extending loans of ₹1 lakh crore to the infrastructure sector in the next three years, financial services secretary M Nagaraju said on Monday.

1 min

Govt Eases Conditions for Specialty Steel PLI

The government on Monday relaxed conditions of the production-linked incentive (PLI) scheme for specialty steel and reopened the application window for companies to attract investments in product categories that saw no or low participation in the first round.

1 min

PM Inaugurates Railway Projects in J&K, Odisha

PRIME MINISTER NARENDRA Modi on Monday inaugurated virtually a slew of railway projects, including the Jammu railway division, the Charla-palli terminal station in Telangana, besides laying foundation for the Rayagada railway division building in Odisha under the East Coast Railway.

1 min

Don't hire illegal Bangladeshi migrants as cheap labour, says Assam CM

INDUSTRIALISTS HAVE TO look beyond \"cheap labour\", and perform a \"national duty\" by not giving any jobs to illegal Bangladeshi migrants, Assam chief minister Himanta Biswa Sarma said on Monday.

1 min

As fees stagnate, audit firms struggle to retain talent

Just 10% nominal rise in income over five years, real income growth negative

2 mins

Investments by central agencies & CPSEs decline 10% in Apr-Nov

CAPEX SLOWDOWN

1 min

Govt mulls hallmarking for silver jewellery

Food and Consumer Affairs Minister Pralhad Joshi on Monday asked the Bureau of Indian Standards (BIS) to consider implementing mandatory hallmarking for silver and silver artifacts following consumer demands.

1 min

Services PMI Hits 4-Month High in Dec

Demand buoyancy continued to drive new business inflows higher during December, which in turn supported output growth and prompted firms to recruit additional workers.

2 mins

Funding in space industry declines 55% to $59.1 mn

FUNDING IN SPACE sector, a key part of the country's ambitions to become a global superpower, plummeted by 55% in 2024 to $59.1 million from $130.2 million the previous year, according to data from market intelligence platform Tracxn.

1 min

Centre eyes private capital for ₹9L-cr grid expansion

INDIA IS ASKING states to attract more private capital to accelerate the expansion of its power transmission network, part of a plan to revamp the country's grid and accommodate more clean power.

1 min

Nxtra, Bizongo lead emerging unicorns

FIVE INDIA STARTUPS VALUED AT OVER $900 MN

1 min

Lodha pre-sales soar to record ₹4,510 cr in Q3

MUMBAI-BASED REAL ESTATE developer Macrotech Developers (also known as Lodha Group) on Monday said it has achieved best ever quarter pre-sales of ₹4,510 crore, showing 32% year-on-year (y-o-y) growth in Q3FY25.

1 min

SC Transfers Amazon, Flipkart's Plea Against CCI to Karnataka HC

THE SUPREME COURT on Monday transferred to Karnataka High Court petitions of Amazon and Flipkart, challenging a Competition Commission of India (CCI) order for a probe into the e-commerce giants for alleged malpractices.

1 min

Festive boost to Titan biz growth in Dec qtr

TITAN'S STANDALONE BUSINESS registered a 24% year-on-year growth, the Tata Group company said on Monday while providing an update for the December 2024 quarter.

1 min

Residual benefit of tariff hikes to boost telcos' Arpu in Q3

The impact of the recent tariff hikes will continue to boost average revenue per user (Arpu) of telecom operators - Reliance Jio, Bharti Airtel and Vodafone Idea - in the October-December quarter.

1 min

Sterlite Grid 32 gets over ₹2,400 cr via listed NCDs

POWER TRANSMISSION DEVELOPER Sterlite Grid 32 (SGL32) on Monday announced securing ₹2,450 crore through listed non-convertible debentures (NCDs) to refinance its Mumbai Urja Marg project, Raji George, director, corporate finance, Sterlite Power told FE.

1 min

Former executives at OYO, upGrad launch mobility platform

MAYANK KUMAR, FORMER CEO of upGrad, and Ayush Mathur, a former senior leader at OYO, have launched a new mobility platform for blue-collar workers called BorderPlus.

1 min

Adani Group lines up petchem foray

GAUTAM ADANI'S GROUP has teamed up with Thailand's Indorama Resources for a foray into the petrochemical business as the ports-to-energy conglomerate looks to expand in adjacencies.

1 min

D2C firm Frido set to be ₹200-cr brand

ARCATRON MOBILITY'S DIRECT-TO-CONSUMER (D2C) arm Frido is on track to become a ₹200-crore brand.

1 min

RIL arm launches Raskik Gluco Energy drink, adding fizz to hydration market

Beverage to rival Tata Consumer, Dabur products

1 min

Auto ancillary firms aim US push with Trump's policies

INDIAN AUTOMOTIVE PARTS manufacturers are aiming to boost their share of exports to the US, driven by expectations that president-elect Donald Trump will fulfil his campaign promises upon taking office later this month.

1 min

Sebi Relaxes Settlement Norms for Dormant Accounts

SEBI ON MONDAY said it has eased norms for the settlement of client funds in trading accounts that have remained inactive for 30 days.

1 min

PSBs' share in 'fair value' investments declines, private banks report gains

STATE-OWNED BANKS' SHARE in the 'fair value through profit and loss investment portfolio' (FVPTL), the newly-introduced investment category, has gone down to 37.2% from around 45%. Meanwhile, the share of private banks has risen to nearly one-third, according to the Reserve Bank of India's (RBI) latest Financial Stability Report.

1 min

Rupee at lifetime low as equities slide; tilt bearish

THE RUPEE DECLINED 4 paise to settle at a record low of 85.83 against the dollar on Monday, amid a steep fall in domestic equity markets and unabated outflow of foreign capital.

1 min

ITC Ends in the Red on Hotel Biz Demerger

Optimism Prevails

2 mins

Bank shares plunge up to 8% amid weak business updates

Historically, the third quarter is not a great one for banks

1 min

RBI should ease its tight grip on rupee, says Viral Acharya

FORMER RESERVE BANK of India deputy governor Viral Acharya said the central bank should ease its tight grip on the rupee, a view that comes amid uncertainties over whether the new governor will maintain his predecessor's policy of limiting currency swings.

1 min

PSBs turn net sellers of govt securities

STATE-OWNED BANKS HAVE turned net sellers of government bonds (G-Secs) amid a widening liquidity deficit, said traders.

1 min

Nippon, US Steel File Suit After Biden Blocks $15 Billion Deal

NIPPON STEEL and US Steel filed a federal lawsuit challenging the Biden administration's decision to block a proposed nearly $15 billion deal for Nippon to acquire Pittsburgh-based US Steel and said that the head of the Steelworkers union and a rival steelmaker worked together to scuttle the buyout.

1 min

Trudeau steps down as Canada PM

PARLIAMENT SUSPENDED UNTIL MARCH 24; SUCCESSION RACE BEGINS

1 min

Donald Trump denies he will pare back tariffs plan

President-elect Donald Trump denied a Washington Post report that his aides are considering narrowing his tariff plan so that it would only apply to limited specific critical imports.

1 min

Pope names 1st woman to head major Vatican office

POPE FRANCIS ON Monday named the first woman to head a major Vatican office, appointing an Italian nun, Sister Simona Brambilla, to become prefect of the department responsible for all the Catholic Church's religious orders.

1 min

Netflix, WWE aim to fuel wrestling worldwide

NETFLIX'S NEXT VENTURE into live programming starts Monday when the company streams its first episode of \"Raw,\" the weekly World Wrestling Entertainment spectacle that has been a staple of U.S. television for three decades.

1 min

Trump Haunts Central Banks Primed for Wary Rate Cuts in 2025

GLOBAL CENTRAL BANKERS are poised to cut borrowing costs further in 2025, but only warily—and with a keen eye on the policies of incoming US President Donald Trump.

1 min

Weak drivers

Budget should have measures to resuscitate the middle class

2 mins

In search of a growth driver

DIFFICULT TO IDENTIFY A SECTOR THAT HAS POTENTIAL TO LIFT ECONOMY TO A HIGHER TRAJECTORY

4 mins

Judicial Overreach Unwarranted

High court order staying Religare Enterprises AGM risks undermining shareholder rights, regulatory authority, and market confidence

3 mins

Tesla and Waymo should learn from '24 air crashes

If you yearn for a future where you can travel from place to place in safety and comfort, some of the major transport events of 2024 might feel like a setback.

3 mins

Banks: Slower loan growth a worry

Asset quality concerns ease

2 mins

Cautious outlook for auto companies in Q3

No segment shows growth except tractors

1 min

SBI Cards: Credit costs to improve

Management strengthens risk assessment measures

2 mins

Banks, NBFCs see hit to...

THESE SUBSIDIARIES THEN use the data to approach the customer and offer products and services such as insurance, mutual funds, demat accounts and other related financial solutions.

1 min

Eight jawans among 9 killed in Naxal attack

VEHICLE BLAST IN CHHATTISGARH

1 min

D-Street catches flu

HEADWINDS FOR MARKETS at the start of the year include higher US 10-year yields and a stronger dollar, the potential imposition of additional US tariffs on Asia-Pacific economies, and elevated economic policy uncertainty and geopolitical risk, Goldman Sachs strategists said in a note while trimming the MSCI Asia Pacific ex-Japan index's target to 620 from 630, as per a Bloomberg report.

1 min

Q-comm boost to gig worker hiring in 2025

THE HIRING BOOM will be driven by the expansion of dark stores, fuelled by new entrants and increased investments from established players.

1 min

ICC explores two-tier Test cricket system

ICC chief Jay Shah will meet Cricket Australia chair Mike Baird and his England counterpart Richard Thompson to discuss the finer points

1 min

US set to lift curbs on Indian nuclear entities

EYEING DEEPER ENERGY TIES

1 min

Top IITs See a Drop in Campus Placements

● More students likely getting jobs independently

2 mins

Golden Globes: The Brutalist, Emilia Perez Grab Top Honors

More students likely getting jobs independently

2 mins

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Financial Express Ahmedabad Newspaper Description:

出版社: The Indian Express Ltd.

カテゴリー: Newspaper

言語: English

発行頻度: Daily

The Financial Express brings the latest and breaking business news from Markets and Industries in India.
The Financial Express is the best source of information on Business, Finance, Stock Markets, Equity market, Economy, companies and Industries.
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