Financial Express Ahmedabad - December 11, 2024
Financial Express Ahmedabad - December 11, 2024
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December 11, 2024
Inoperative Jan Dhan accounts have ₹14,750 cr balance
INOPERATIVE BANK ACCOUNTS under Pradhan Mantri Jan Dhan Yojana (PMJDY) have a balance of ₹14,750 crore as of November 20, 2024, the finance ministry informed Rajya Sabha on Tuesday.
1 min
Highway construction declines 6.6% on year
HIGHWAY CONSTRUCTION IN the first eight months of this fiscal stood close to 4,900 km, which is 6.6% lower than 5,248 km in the same period last year.
1 min
Retail inflation likely fell sharply to 5.6% in Nov
Decline was mainly due to cooling of vegetable prices
1 min
PM to lay out plan for socio-economic growth
Agenda includes jobs, manufacturing, and MSMEs
1 min
Industry body seeks separate policy for stainless steel sector
INDUSTRY BODY ISSDA has urged the government to formulate a separate policy for the stainless steel industry.
1 min
Rail freight loading trails modest Budget estimates
Just 2.1% growth in April-Nov despite no increase in tariffs
2 mins
Targets missed in 1.0, National Broadband Mission 2.0 in works
The Department of Telecommunications (DoT) is working on the next leg of the National Broadband Mission to improve connectivity, quality of services, increase broadband penetration, and infrastructure in the country.
1 min
SAT stays Sebi order on Trafiksol's public issue
The Securities Appellate Tribunal (SAT) has stayed the Securities and Exchange Board of India's (Sebi) order directing SME Trafiksol to refund ₹44.87 crore raised for its initial public offering (IPO), which was put on hold and later cancelled by the regulator.
1 min
HDFC Bank office space on lease in Navi Mumbai
HDFC BANK HAS leased 416,000 sq ft of office space in the Gigaplex complex, located in the Mindspace property of K Raheja Corp in Airoli, Navi Mumbai, for a period of 10 years.
1 min
S&P Global: India set for 'resilient' growth in 2025
6.8% FORECAST RETAINED FOR FY25
1 min
Opposition moves no-confidence motion against V-P Dhankhar
IN A FIRST, parties of the INDIA opposition bloc on Tuesday submitted a notice to bring a motion in Rajya Sabha for the removal of Vice President Jagdeep Dhankhar, accusing him of \"partisan\" conduct as the chairman of the Upper House.
1 min
Sebi broadens scope of T+0 settlement to top 500 stocks
The Securities and Exchange Board of India (Sebi) on Tuesday expanded the scope of same-day settlement cycle (T+0) to the top 500 stocks in a phased manner.
2 mins
List of approved solar models, makers issued
The government on Monday issued an order to include solar cells under the ambit of Approved List of Models and Manufacturers (ALMM) effective from June 1, 2026, a measure aimed to boost domestic manufacturing of solar cells and reduce dependency on Chinese imports.
1 min
India to defend fishing subsidies at WTO
INDIA HAS POINTED out that its per capita subsidies to farmers amount to just $35 a year as compared to $76,000 that some of the biggest fishing economies provide and the World Trade Organisation (WTO) should look at per capita rather than aggregate support for fisheries as the trade regulating body discusses further measures to tackle overfishing.
1 min
Burmans get RBI nod for Religare open offer
THE RESERVE BANK of India (RBI) has approved the Burman family's open offer to acquire an additional 26% stake in Religare Enterprises, subject to several conditions such as coming up with a consolidation plan within 90 days, maintaining the current management structure and not appointing new directors for now.
1 min
Peripheral areas witness bigger spike in home prices than prime locations
NEWER REAL ESTATE micro markets have seen higher price growth over the past six years than many prime locations across the top 7 cities, a report by Anarock showed.
1 min
Global airlines may surpass $1-trn revenue mark in 2025
THE GLOBAL AIRLINE industry is projected to report a net profit of $36.6 billion in 2025, slightly higher than expected this year, helped by lower oil prices and cost control, IATA said on Tuesday.
1 min
Nano units helping us bridge service gap for new-age channels
Hindustan Unilever (HUL), the country's largest consumer goods company, runs a network of 28 factories and 35 warehouses, producing over 75 billion units across 2,000+ products annually.
2 mins
RIL, L&T arm, ReNew bid for green hydrogen sops
WAAREE, AVAADA ALSO SUBMIT BIDS UNDER TRANCHE II
1 min
Amazon enters q-commerce race with 15-minute delivery
JOINING THE RUSH
2 mins
Will focus on fintech, consumer startups, says Stride Ventures
AS IT LOOKS at its next phase of growth, venture debt firm Stride Ventures will increase focus on investments in consumer, fintech, and cleantech startups and reduce exposure to the B2B sector.
1 min
RPower sets up green arm, names CEO, COO
RELIANCE POWER on Tuesday announced setting up its renewable energy business arm, Reliance NU Energies, and appointed Mayank Bansal as chief executive officer and Rakesh Swaroop as chief operating officer of the subsidiary.
1 min
Fintech firm Jar's jewellery e-comm bet yields results
TIGER GLOBAL-BACKED FINTECH startup Jar, best known for its digital gold savings offering, has crossed ₹100 crore in annualised recurring revenue (ARR) from its jewellery e-commerce vertical Nek, just nine months after its launch in February, co-founder and CEO Nishchay AG said.
1 min
SP Group sells Mumbai land for ₹455 cr
THE SHAPOORJI PALLONJI Group has sold a 19,589.22 sq ft land parcel in the upscale Juhu locality of Mumbai to Agarwal Holdings for ₹455 crore.
1 min
Most APAC firms see benefits of AI in 2-5 years: IBM survey
Nearly 60% of surveyed organisations across the Asia-Pacific region (APAC) anticipate realising the benefits of their artificial intelligence (AI) investments within two to five years, a recent study commissioned by IBM, titled \"APAC AI Outlook 2025\", said.
1 min
Re nears 85 as rate cut bets rise
The market will closely watch the new governor's strategy of handling pressure on the rupee.
1 min
Legacy firms wrest 51% of EV 2W pie
The Delhi-based company also more than doubled its volumes and retained its tag of being the fifth largest player in this category with a 6% market share.
1 min
GenAI to play key role in fighting cyber risks: TCS
TO COMBAT THE rising menace of GenAI-powered cyberattacks, Tata Consultancy Services (TCS) on Tuesday suggested a counter-intuitive approach: just like fighting fire with fire, organisations must deploy GenAI-powered threat detection and response systems.
1 min
Adani seeks fresh lifeline for troubled $2-bn power plant
SEEKING MORE CONCESSIONS
2 mins
Restoring inflation-growth balance most important: Das
The outgoing Governor of the Reserve Bank of India (RBI), Shaktikanta Das, said on Tuesday that restoring the inflation-growth balance is the most important task ahead for the central bank.
1 min
A hard 'taskmaster' with 'memory of an elephant'
SANJAY MALHOTRA, A career civil servant who has mostly kept a low profile, was picked as the governor of the Reserve Bank of India (RBI), replacing Shaktikanta Das who is leaving after a six-year stint.
1 min
Equity MF inflows in November drop 14%
Second consecutive month of SIP inflows crossing the ₹25,000-crore mark
2 mins
Apple rally unabated amid sluggish growth
APPLE HAS THE slowest revenue growth among Big Tech stocks and is facing tariff-related risks going into Donald Trump's second term.
1 min
Xi rebuffs Trump's threat of tariffs
GEARING UP FOR Trump 2.0 era, Chinese President Xi Jinping on Tuesday cautioned there will be no winner in a tariff or tech wars between China and the US and vowed that Beijing would firmly safeguard its interests.
1 min
Graft trial: Netanyahu first Israel PM to testify
Benjamin Netanyahu took the witness stand for the first time in a corruption trial in which he's accused of bribery, fraud and breach of trust, a case that's played havoc with the nation's political life for nearly a decade.
1 min
Apple rally unabated amid sluggish growth
APPLE HAS THE slowest revenue growth among Big Tech stocks and is facing tariff-related risks going into Donald Trump's second term.
1 min
China's exports to US surge amid rising tariff concerns
Unexpected drop in imports shows weak Chinese demand
2 mins
Rethinking HRAs
Recognising furniture and appliance rentals under HRA exemptions would provide crucial financial relief, support the circular economy, and unlock growth in the sector
3 mins
Safeguarding steel
A blunt instrument to curb imports won't address the travails of the industry
2 mins
Ad celebrates bonds formed through shared values
Why the campaign rocks:
1 min
'Clients want a one-stop shop for creative solutions across platforms'
Stressing on building its data capabilities has paid handsome dividends to FCB Kinnect, helping it win multiple awards at various industry forums including 5 Golds at the SAMMIE 2024 that honours the best social media brands.
1 min
Cause and effect
Philanthropy can help build positive brand image
2 mins
India outshines global peers in hiring trends, IT takes the lead
● 53% employers plan to expand their workforce
2 mins
Top Google India searches: IPL, World Cup, elections
A GOOGLE BLOG released on Tuesday revealed that sports and politics dominated search queries in 2024, with the IPL, World Cup, and election results featuring prominently in the trending topics.
1 min
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
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