Financial Express Delhi - January 06, 2025
Financial Express Delhi - January 06, 2025
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January 06, 2025
No check-in for unwed couples at Oyo hotels
TRAVEL BOOKING MAJOR Oyo has launched a new policy for partner hotels, starting this year from Meerut in Uttar Pradesh, whereby unmarried couples will no longer be welcomed to check in.
1 min
OMCs may see muted refining margins in FY26
Slippery Path
2 mins
Agri credit scales new high, to cross â¹28 lakh cr in FY25
â Seen up 10%; formalisation of rural credit aids process
2 mins
CII wish list: Budget should lay emphasis on employment creation
TO BOOST PRODUCTIVITY and foster inclusive growth, the Confederation of Indian Industry (CII) has recommended that the government prioritise employment generation as a central theme in the Union Budget for FY26.
1 min
Direct benefit transfers top â¹4 lakh crore so far this fiscal
FY25 DISBURSEMENT MAY BE MARGINALLY LOWER ON YEAR
1 min
FDI in India growing rapidly, says Goyal
FDI inflows into the country are surging, with investors from the West Asia, Japan, European Union, and the US recognising India's status as a top investment destination, driving rapid economic growth and generating millions of new jobs, commerce and industry minister Piyush Goyal has said.
1 min
PLI Schemes Aid Import Substitution: MSMEs, Too, Among Gainers
PRODUCTION-LINKED INCENTIVE (PLI) schemes have generated investments to the tune of â¹1.46 lakh crore so far, with large-scale electronics manufacturing, pharmaceuticals, food processing and telecom & networking products, being the top gainers.
1 min
Bangladesh Crisis Offers New Opportunities for Indian Textile Clusters
Amid the ongoing economic and political tensions in Bangladesh, Indian exporting firms, particularly in the Tirupur clusters, are receiving higher inquiries from several global apparel brands, including Primark, Tesco, Decathlon, Duns, JCPenney, GAP, Next, and Walmart, with order conversion expected for shipment by early 2025, Mithileshwar Thakur, Secretary General of the Apparel Export Promotion Council (AEPC) said.
1 min
Six years after quota for women at IITs, changes are quite visible
FROM MORE HOSTELS and washrooms for female students to their own sports teamsâa silent revolution has been taking shape at the Indian Institutes of Technology (IITs) over the last six years, ever since a supernumerary quota of 20% was set aside for women.
2 mins
Tighter anti-spam norms in a month
TIGHTER REGULATIONS ON curbing spam as well as new consultation examining an authorisation framework for telemarketers are expected in coming weeks, said Trai chairman Anil Kumar Lahoti.
2 mins
Renee looks to end this fiscal with up to â¹400-cr topline
In the crowded market of beauty and colour cosmetics brands, direct-to-consumer startup Renee Cosmetics is expecting to double its revenue to â¹350-400 crore by the end of this fiscal.
2 mins
Vi unlikely to have aggressive 5G pricing strategy
WITH VODAFONE IDEA (Vi) getting ready to launch its commercial 5G services in March, almost two-and-a-half years after Reliance Jio and Bharti Airtel, all eyes will be on its pricing strategy.
2 mins
Subscription models gaining traction in ride-hailing sector
SUBSCRIPTION-BASED MODELS are gaining popularity in the online ride-hailing sector, with major players like Ola, Uber and Rapido reconfiguring strategies to stay competitive.
1 min
Wilmar to emulate ITC post its exit from Adani
ADANI WILMAR (AWL), the country's largest edible oil company, is adopting a strategy similar to ITC's by leveraging its core business and extensive distribution network to drive growth in its high-margin FMCG portfolio after the Adani group exit, according to sources.
1 min
Compact EV, new Duster key to Renault's India comeback
â French carmaker's first EV in the country to be affordable
2 mins
Austria heads towards coalition talks by far right after centrists fail
AUSTRIA HEADED ON Sunday towards coalition talks led by the far-right Freedom Party (FPO) after efforts to form a government without the party fell apart and prompted Chancellor Karl Nehammer to resign.
1 min
Korean court rejects Yoon appeal on warrant: Report
A SOUTH KOREAN court dismissed an appeal by lawyers of Yoon Suk Yeol against an arrest warrant for the impeached president, Yonhap reported on Sunday.
1 min
Bangladesh Cancels Planned Training of Judges in India, Scraps Notification
BANGLADESH'S INTERIM GOVERNMENT on Sunday cancelled a planned training programme for 50 judges and judicial officers in India, scrapping a previous notification.
1 min
Austria Heads Towards Coalition Talks by Far Right After Centrists Fail
AUSTRIA HEADED ON Sunday towards coalition talks led by the far-right Freedom Party (FPO) after efforts to form a government without the party fell apart and prompted Chancellor Karl Nehammer to resign.
1 min
Startups Turn to Revenue-Based Financing
Among notable beneficiaries are brands like Smoor Chocolates, Imperio Restaurants, and IDC Kitchen, which have utilized RBF for initiatives such as launching new restaurants or cloud kitchens.
1 min
Former Greek PM Simitis dies at 88
FORMER GREEK PRIME Minister Costas Simitis, who ushered the country into the European Union's single currency in 2001, died on Sunday aged 88 at his summer house in the Peloponnese.
1 min
Specialty steel PLI window reopens today
THE PLI SCHEME has attracted investment commitments of â¹27,106 crore, direct employment of 14,760 and estimated production of 7.90 million tonne of specialty steel.
1 min
Ketan Parekh...
HIS LOW PROFILE in the first few years was completely in contrast with Mehta's lifestyle.
1 min
Debt MFs May Get Tax Relief...
SEPARATELY, THE INDUSTRY has sought alignment in holding periods while calculating LTCG for gold-based investments such as gold exchange traded funds (ETFs), gold mutual funds, sovereign gold bonds, and physical gold.
2 mins
Foxconn Sales Beat View on AI Demand
TAIWAN'S FOXCONN, THE world's largest contract electronics maker, beat expectations to post its highest-ever revenue for the fourth quarter on continued strong demand for artificial intelligence (AI) servers.
1 min
UK's Farage should quit as Reform chief: Musk
ELON MUSK SAID Nigel Farage should quit as leader of Britain's right-wing Reform UK party in an abrupt withdrawal of support by the US billionaire for the Brexit campaigner who is trying to shake up the British political establishment again.
1 min
Why housing and urbanisation key to India's growth story
The rate of growth in its urban infrastructure and homes will determine India's overall GDP growth rate.
2 mins
SAT gets new member, 2nd bench likely
THE MINISTRY OF Finance (MoF) has appointed Justice Mayank Kumar Jain, a former Allahabad High Court judge, as a judicial member of the Securities Appellate Tribunal (SAT).
1 min
Challenges Mount for ARCs as Retail Bad Loans Swell
ASSET RECONSTRUCTION COMPANIES (ARCs) are facing new challenges with the rise of retail non-performing assets (NPAs). While ARCs have a proven track record in resolving corporate NPAs, they are finding it increasingly challenging to handle retail bad loans.
2 mins
FPIs Withdraw â¹4,285 Crore in First 3 Trading Sessions in Jan
FOREIGN INVESTORS PULLED out â¹4,285 crore from Indian equities in the first three trading days of the month driven by apprehensions ahead of the third-quarter earnings season and high valuations of domestic stocks.
1 min
How it May Impact Indian Students
â H-1B pertains to foreign professionals working in the US, while F-1 visa is for foreign students
2 mins
'Using partnerships, AI to enhance presence in India'
WITH BANK PO EXAMS, WE'VE EXPANDED OUR TEST PREP PORTFOLIO, WHICH ALREADY INCLUDES NEET, IIT JEE, UGC, AND UPSC.
2 mins
The risk-reward potential looks better in large-caps at this stage
In a significant part of the large-cap sector, the valuations have become reasonable and growth could surprise on the upside in FY26.
2 mins
Reform agriculture
FROM PLATE TO PLOUGH 2025 OFFERS A GOLDEN OPPORTUNITY POLITICALLY FOR THE MODI GOVT TO OVERHAUL THE SYSTEM
4 mins
A step forward, but not without concerns
The draft rules of the data protection law, if retained as is, could present hurdles for implementation, require businesses to make expensive adjustments
3 mins
'Oral care has lagged in premiumisation'
Please take us through the technology input in your latest oral health campaign.
2 mins
Man magnet: Is this the most handsome bike in India?
Those twin parking lights that look like jet engines of Messerschmitt Me 262, that calligraphy on the sides where it says 'Goan Classic', those whitewall tyres, and those raised handlebars... if all this isn't art on wheels, what is?
2 mins
Bridging brands & beliefs
âDigital and legacy firms are jostling to use the opportunity
2 mins
Readying talent for the AI era
â GenAI industry to add 1 million new jobs by 2028
2 mins
Track kids' location in real-time
A 4G smartwatch with large display and GPS tracking
1 min
A win-win solution
â Platform becomes match-maker for India Inc & startups
2 mins
No need to run an air purifier and room heater at the same time
â It heats in winter and purifies indoor air all year round
2 mins
A handy tool to make your voice louder
â Simple plug and play design adds to its ease of use
1 min
3 Killed as Coast Guard Chopper Crashes at Porbandar Airport
A Coast Guard chopper crashed at Porbandar airport in Gujarat on Sunday as it was landing after a routine training sortie, killing two pilots and a diver who were on board.
1 min
PM Criticises AAP, Promises BJP Will Continue Welfare Schemes If Voted In
â They are lying that we will stop schemes: Modi
3 mins
Projects Unveiled by PM Are Joint Ventures With State: Kejriwal
AS PRIME MINISTER Narendra Modi inaugurated key infrastructure projects in Delhi on Sunday, Aam Aadmi Party chief and former chief minister Arvind Kejriwal called them 'joint ventures' with the Centre and said it was proof that the government in the city works only for its citizens.
2 mins
Four Maoists, jawan killed in first Bastar encounter this year
FOUR MAOISTS WERE gunned down on Saturday afternoon in the first encounter this year between Naxals and security forces in Chhattisgarh's Bastar region.
1 min
Stars who couldn't walk the talk
IN THE END, just one Indian could get on top of the dias at the presentation ceremony of Border-Gavaskar Trophy (BGT). Jasprit Bumrah, the captain and the man of the series.
2 mins
Special category visa for foreign students
INDIA HAS LAUNCHED two special category visas for international students intending to pursue higher education in academic institutions in the country.
1 min
Indian-Origin IT Companies Corner a Fifth of H-1B Visas
INDIAN-ORIGIN TECH COMPANIES cornered a fifth of all H-1B visas issued by the US with Infosys and Tata Consultancy Services (TCS) leading the pack, an analysis of data from the US immigration department showed.
1 min
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