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Financial Express Delhi

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.

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1 min  |
January 06, 2025
Financial Express Delhi

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.

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2 mins  |
January 06, 2025
Financial Express Delhi

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.

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1 min  |
January 06, 2025
Financial Express Delhi

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.

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1 min  |
January 06, 2025
Financial Express Delhi

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.

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1 min  |
January 06, 2025
Financial Express Delhi

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.

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1 min  |
January 06, 2025
Financial Express Delhi

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.

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1 min  |
January 06, 2025
Financial Express Delhi

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.

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2 mins  |
January 06, 2025
Financial Express Delhi

Renee looks to end this fiscal with up to ₹400-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 ₹350-400 crore by the end of this fiscal.

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2 mins  |
January 06, 2025
Financial Express Delhi

Compact EV, new Duster key to Renault's India comeback

● French carmaker's first EV in the country to be affordable

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2 mins  |
January 06, 2025
Financial Express Delhi

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.

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2 mins  |
January 06, 2025
Financial Express Delhi

Six years after quota for women at IITs, changes are quite visible

FROM MORE HOSTELS and washrooms for female students to their own sports teams—a 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.

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2 mins  |
January 06, 2025
Financial Express Delhi

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.

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1 min  |
January 06, 2025
Financial Express Delhi

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.

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1 min  |
January 06, 2025
Financial Express Delhi

PLI Schemes Aid Import Substitution: MSMEs, Too, Among Gainers

PRODUCTION-LINKED INCENTIVE (PLI) schemes have generated investments to the tune of ₹1.46 lakh crore so far, with large-scale electronics manufacturing, pharmaceuticals, food processing and telecom & networking products, being the top gainers.

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1 min  |
January 06, 2025
Financial Express Delhi

Agri credit scales new high, to cross ₹28 lakh cr in FY25

● Seen up 10%; formalisation of rural credit aids process

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2 mins  |
January 06, 2025
Financial Express Delhi

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.

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1 min  |
January 06, 2025
Financial Express Delhi

OMCs may see muted refining margins in FY26

Slippery Path

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2 mins  |
January 06, 2025
Financial Express Delhi

Direct benefit transfers top ₹4 lakh crore so far this fiscal

FY25 DISBURSEMENT MAY BE MARGINALLY LOWER ON YEAR

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1 min  |
January 06, 2025
Financial Express Delhi

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.

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1 min  |
January 06, 2025
Financial Express Delhi

Chinese Dam on Table for Sullivan's India Visit

AI, civilian nuclear cooperation, space may also be taken up

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1 min  |
January 05, 2025
Financial Express Delhi

Mike Johnson Re-elected US House Speaker

Republican Congressman Mike Johnson on Friday was re-elected as Speaker of the US House of Representatives with a narrow victory margin of three votes.

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1 min  |
January 05, 2025
Financial Express Delhi

S Korea investigators ask acting prez to clear way for Yoon's arrest

SOUTH KOREAN INVESTIGATORS again asked the country's acting president on Saturday to order the presidential security service to comply with an arrest warrant for impeached President Yoon Suk Yeol.

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1 min  |
January 05, 2025
Financial Express Delhi

Microsoft to spend $80 billion on AI data centers this year

MICROSOFT CORP PLANS to spend $80 billion this fiscal year building out data centers, underscoring the intense capital requirements of artificial intelligence.

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1 min  |
January 05, 2025
Financial Express Delhi

No jail time for Trump, suggests judge in US hush money case

Will keep fighting, says communications director Cheung

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1 min  |
January 05, 2025
Financial Express Delhi

Rohit clears the air: Not going anywhere

Says those on outside can't influence when he stops playing

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2 mins  |
January 05, 2025
Financial Express Delhi

Border-Gavaskar Trophy: As Bumrah leaves, 'captain' Kohli calls the shots

Kohli took charge after Bumrah left bowling due to spasm

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3 mins  |
January 05, 2025
Financial Express Delhi

Big rockets, a telescope & big changes in space await in 2025

Some key events to look forward to in space & astronomy

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4 mins  |
January 05, 2025
Financial Express Delhi

Worrying signs from the Arctic

Scientists say fires in the region could have major consequences

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2 mins  |
January 05, 2025
Financial Express Delhi

The Fall season

Fun and games for the elite players, the Fall Series gave the fans plenty to watch

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4 mins  |
January 05, 2025

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