CATEGORIES

Financial Express Mumbai

Bengal to unveil incentives to woo investors: Mitra

WEST BENGAL WILL unveila clutch of policy measures during the upcoming Bengal Global Business Summit to attract investments to the state, chief minister’s principal chief advisor Amit Mitra said on Wednesday.

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1 min  |
August 24, 2023
FCI sells 1.12 MT of wheat in open market since June
Financial Express Mumbai

FCI sells 1.12 MT of wheat in open market since June

THE FOOD CORPORATION of India (FCI) has sold 1.12 million tonne (MT) of wheat from its stocks in the open market via weekly e-auctions, which commenced on June 28, while only 0.1 MT of rice could be sold since July 5.

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1 min  |
August 24, 2023
Financial Express Mumbai

Floor price likely for onion exports

Under-invoicing seen at several ports and land borders

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1 min  |
August 24, 2023
G20 ministers prepare actionable trade agenda
Financial Express Mumbai

G20 ministers prepare actionable trade agenda

No consensus in sight on Russia-Ukraine

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2 mins  |
August 24, 2023
Financial Express Mumbai

S Africa supports India's call to include African Union in G20

SOUTH AFRICA HAS appreciated India's initiative to give the African Union the full membership of G20, according to an official statement issued here.

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2 mins  |
August 24, 2023
India fully backs BRICS expansion: Modi
Financial Express Mumbai

India fully backs BRICS expansion: Modi

New Development Bank playing an important role for Global South, says Modi

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3 mins  |
August 24, 2023
Financial Express Mumbai

QIA to pick up 1%, Reliance Retail valued at $100 bn

SOVEREIGN WEALTH FUND Qatar Investment Authority (QIA) will invest ₹8,278 crore (or $1 billion) for nearly 1% stake in Reliance Retail Ventures (RRVL), parent Reliance Industries (RIL) said on Wednesday.

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1 min  |
August 24, 2023
INDIA OVER THE MOON
Financial Express Mumbai

INDIA OVER THE MOON

HISTORIC MOMENT AS CHANDRAYAAN-3 LANDS ON MOON'S SOUTH POLE | PM: 'WE ARE WITNESS TO THE NEW FLIGHT OF NEW INDIA'; CONGRATULATES ISRO

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2 mins  |
August 24, 2023
Meta's New AI Model Can Transcribe Speech In Over A Dozen Languages
Financial Express Mumbai

Meta's New AI Model Can Transcribe Speech In Over A Dozen Languages

FACEBOOK PARENT COMPANY Meta Platforms on Tuesday released an Al model capable of translating and transcribing speech in dozens of languages, a potential building-block for tools enabling real-time communication across language divides.

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2 mins  |
August 23, 2023
World Cup Chess Final: Game 1 Ends In A Draw
Financial Express Mumbai

World Cup Chess Final: Game 1 Ends In A Draw

INDIAN GRANDMASTER R Praggnanandhaa held his own against World No.1 Magnus Carlsen to secure a draw in the first classical game of the final of the FIDE World Cup Chess here on Tuesday.

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1 min  |
August 23, 2023
X Plans To Remove Headlines From Links
Financial Express Mumbai

X Plans To Remove Headlines From Links

ELON MUSK IS pushing to change how news links appear on his social media platform X, formerly called Twitter, in a move that could potentially undermine the ability of news publishers to draw audience.

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1 min  |
August 23, 2023
Litmus test for Sreeshankar, Aldrin
Financial Express Mumbai

Litmus test for Sreeshankar, Aldrin

Can they replicate their form at World Championships?

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3 mins  |
August 23, 2023
Chandrayaan-3 gets ready for soft-landing
Financial Express Mumbai

Chandrayaan-3 gets ready for soft-landing

MISSION IS ON SCHEDULE, SAYS ISRO | Lander descent to start at 5.47 pm, landing at 6.04 pm

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2 mins  |
August 23, 2023
Financial Express Mumbai

SBI MF turns to cash on bets RBI will hike rates

SBI FUNDS MANAGEMENT, the country's biggest asset manager, is bolstering its cash holdings on bets that the Reserve Bank of India (RBI) will raise borrowing costs further, helping it deploy funds at higher yields.

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1 min  |
August 23, 2023
Sebi proposes body for research analysts
Financial Express Mumbai

Sebi proposes body for research analysts

CAPITAL MARKETS REGULATOR Sebi on Tuesday proposed to recognise an entity designated as Research Analyst Administration and Supervisory Body (RAASB), which will be responsible for the administration and supervision of the research analysts.

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1 min  |
August 23, 2023
Kotak Bank eyes 100K users for arm Fyn by FY24-end
Financial Express Mumbai

Kotak Bank eyes 100K users for arm Fyn by FY24-end

KOTAK MAHINDRA BANK (KMB) is looking at reaching a customer base of 100,000 for Fyn, its holistic digital platform built exclusive for business banking and corporate clients, by the end of the current financial year.

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1 min  |
August 23, 2023
Vishwakarma Yojana: A boost for traditional professions
Financial Express Mumbai

Vishwakarma Yojana: A boost for traditional professions

The PM Vishwakarma Yojana announced recently is designed to make the Indian crafts/traditionalprofessions sector a multi-billion-dollar marketplace, with loan support for the those skilled in such crafts. Prasanta Sahu explains the contours of the new Central Sector Scheme and how the artisans stand to benefit

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2 mins  |
August 23, 2023
'Quick skill obsolescence is driving growth for ed-tech'
Financial Express Mumbai

'Quick skill obsolescence is driving growth for ed-tech'

INTERVIEW: MAYANK KUMAR, co-founder & MD, upGrad

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3 mins  |
August 23, 2023
Property mogul Srettha elected new Thai PM
Financial Express Mumbai

Property mogul Srettha elected new Thai PM

THAI PROPERTY MOGUL Srettha Thavisin was elected prime minister after a decisive win in a parliamentary vote on Tuesday as his party's fugitive figurehead Thaksin Shinawatra made a historic homecoming after years in exile and was taken straight to jail.

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1 min  |
August 23, 2023
Financial Express Mumbai

Arm banks on AI wave to biggest IPO of 2023

SOFTBANK GROUP FIRM AIMS TO RAISE $10 BN | The offering is led by Barclays and three others

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2 mins  |
August 23, 2023
Smaller cities focus area for IIFL loans
Financial Express Mumbai

Smaller cities focus area for IIFL loans

IIFL HOME FINANCE is looking to tap more into the tier-II and smaller cities for growth after receiving $100 million in debt funding from International Finance Corp (IFC) on Monday, CEO and ED Monu Ratra told FE in an interaction.

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1 min  |
August 23, 2023
Financial Express Mumbai

Jio Fin hits lower circuit again, index removal delayed

THE BOMBAY STOCK Exchange (BSE) on Tuesday announced that newly listed Jio Financial Services (JFS), slated to be excluded from the Sensex at the end of the third day, will now be removed on August 29.

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1 min  |
August 23, 2023
LIC acquires 6.66% stake in Jio Financial through demerger
Financial Express Mumbai

LIC acquires 6.66% stake in Jio Financial through demerger

PASSIVE INVESTORS CONTINUE TO EXIT NEW ENTITY | Cost of acquisition at pre-demerged cost of 4.68% stake in RIL

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2 mins  |
August 23, 2023
TCS gets partial relief in US lawsuit
Financial Express Mumbai

TCS gets partial relief in US lawsuit

IT BELLWETHER TATA Consultancy Services (TCS) got partial relief in the US based discrimination lawsuit, after the court hearing the motion to dismiss, granted in part and denied the motion in part.

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1 min  |
August 23, 2023
Hindalco to invest ₹2,000 cr in e-waste recycling facility
Financial Express Mumbai

Hindalco to invest ₹2,000 cr in e-waste recycling facility

GREEN INITIATIVES | Sets aside another ₹2,000 cr for Vande Bharat coaches

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1 min  |
August 23, 2023
Mukesh Ambani targets millions with financial services via super-app
Financial Express Mumbai

Mukesh Ambani targets millions with financial services via super-app

MUKESH AMBANI, ASIA'S richest man, is breaking ground in India's $1.8 trillion financial sector.

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3 mins  |
August 23, 2023
Govt unveils car crash testing programme, will test 30 models
Financial Express Mumbai

Govt unveils car crash testing programme, will test 30 models

TO ENHANCE VEHICLE SAFETY ASSESSMENT | Parameters similar to global standard norms but will cost much less

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2 mins  |
August 23, 2023
Debroy bats for simpler GST with higher average rate
Financial Express Mumbai

Debroy bats for simpler GST with higher average rate

EVEN AS AN overhaul of the Goods and Services Tax (GST) slabs, which is necessary to raise the weighted average rate to a \"revenue-neutral\" level, looks unlikely before the 2024 general elections, Economic Advisory Council to the Prime Minister (EAC-PM) chairman Bibek Debroy on Tuesday advocated a single-rate tax.

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2 mins  |
August 23, 2023
Need sense of ownership in decision making: FM
Financial Express Mumbai

Need sense of ownership in decision making: FM

THE TWO-DAY OFFSITE Chintan Shivir of the ministry of finance and corporate affairs concluded at Kevadia in Gujarat on Tuesday with finance and corporate affairs minister Nirmala Sitharaman exhorting officers to strive for simplification of processes with a focus on not just the \"whole-of-government-approach,\" but also \"whole-of-the-country approach\" to maximise delivery and engagement.

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1 min  |
August 23, 2023
Govt sets higher goal for kharif rice procurement
Financial Express Mumbai

Govt sets higher goal for kharif rice procurement

MOVE FOR NEXT SEASON AMID RAIN DEFICIT WORRIES

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1 min  |
August 23, 2023