CATEGORIES

Financial Express Mumbai

COP28 draft deal stops short of fossil fuel 'phase-out'

THE COP28 CLIMATE summit in Dubai entered its final hours as Sultan Al Jaber, the Emirati oil executive who's presiding over this year's talks, sought to produce a text that would include a commitment to reduce the world's consumption of oil and gas for the first time.

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1 min  |
December 12, 2023
Crisis worsens across Gaza as Israel-Hamas war intensifies
Financial Express Mumbai

Crisis worsens across Gaza as Israel-Hamas war intensifies

OVER 18,000 PEOPLE HAVE ALREADY BEEN KILLED

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2 mins  |
December 12, 2023
GQG's $10-billion India bet has winning picks beyond Adani
Financial Express Mumbai

GQG's $10-billion India bet has winning picks beyond Adani

RAJIV JAIN'S GQG Partners saw the value of its India portfolio more than double in little over a year, driven by winning stock picks that go beyond the Adani Group. The value of India investments across six of GQG's funds jumped to $9.9 billion, compared with $4.4 billion a year earlier, according to data compiled by Bloomberg from latest regulatory filings and information on the Florida-based investor's website.

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1 min  |
December 12, 2023
BluSmart optimistic about scaling up EV leasing scheme ANEES HUISSAIN & AVANTI REDA allowed origting EV oun markroto Unlilagaha invector in PluSmart maintained
Financial Express Mumbai

BluSmart optimistic about scaling up EV leasing scheme ANEES HUISSAIN & AVANTI REDA allowed origting EV oun markroto Unlilagaha invector in PluSmart maintained

IN A BID to expand its fleet size and enter new cities, Gurugram-based all-electric taxi startup BluSmart has turned to individuals for investments through its Assure programme.

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2 mins  |
December 12, 2023
India pitches for consensus to tackle AI risks
Financial Express Mumbai

India pitches for consensus to tackle AI risks

COMMUNICATIONS AND IT minister Ashwini Vaishnaw on Monday said the Global Partnership on Artificial Intelligence (GPAI) summit, to be held in New Delhi from December 12-14, will aim at arriving at a consensus-based approach to mitigate risks of artificial intelligence (AI) technologies as well as look at innovations and opportunities of AI.

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1 min  |
December 12, 2023
Sanghrajka to be new Infosys CFO
Financial Express Mumbai

Sanghrajka to be new Infosys CFO

INFOSYS, THE COUNTRY'S second-largest software services exporter, on Monday appointed Jayesh Sanghrajka, a company veteran of nearly two decades, as its chief financial officer (CFO), with effect from April 1, 2024.

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1 min  |
December 12, 2023
Adani Green to raise $410 million to refinance 2024 bond
Financial Express Mumbai

Adani Green to raise $410 million to refinance 2024 bond

AN ADANI GREEN Energy-consortium plans to raise about $410 million via new bond issuance to refinance a dollar note maturing in about a year's time, according to a filing to Singapore's stock exchange.

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1 min  |
December 12, 2023
FMCG volume growth a dismal 3.4% in 15 years
Financial Express Mumbai

FMCG volume growth a dismal 3.4% in 15 years

PRODUCT PRICES HAVE MORE THAN DOUBLED, SAYS BCG

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1 min  |
December 12, 2023
OBC leader Mohan Yadav set to become MP's new CM
Financial Express Mumbai

OBC leader Mohan Yadav set to become MP's new CM

MOHAN YADAV (58), a BJP MLA from Ujjain South, will be sworn in as the next chief minister of Madhya Pradesh, the party announced on Monday. Yadav, who had defeated the rival Congress candidate by a margin of 12,941 votes, will succeed Shivraj Singh Chouhan, who completed four terms as the CM of the state where the BJP registered a resounding victory in the recent assembly polls.

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1 min  |
December 12, 2023
FM: Retail inflation is now 'stable'
Financial Express Mumbai

FM: Retail inflation is now 'stable'

INDIA'S CPI INFLATION is now \"stable\" and the temporary increases are caused by demand-supply mismatches arising out of global shocks and adverse weather conditions, Union finance minister Nirmala Sitharaman said on Monday.

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1 min  |
December 12, 2023
Financial Express Mumbai

Make more transfers to states conditional, urges central bank

THE RESERVE BANK of India has urged the Finance Commission to consider recommending \"an increased share of conditional transfers\" to the state governments, based on reforms, quality of expenditure and fiscal sustainability. This, it said, would help harness healthy competition across the states, and strengthen the fiscal consolidation drive.

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2 mins  |
December 12, 2023
Onion prices may fall 30% by Jan: Official
Financial Express Mumbai

Onion prices may fall 30% by Jan: Official

Wholesale prices decline by a third in key markets following export ban

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1 min  |
December 12, 2023
Don't put all risks of tax judgements on private sector: Rajan
Financial Express Mumbai

Don't put all risks of tax judgements on private sector: Rajan

Former RBI governor says no ban on cypto necessary at this stage

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2 mins  |
December 12, 2023
101 investments made in 2023: HNIs, celebrities offer lifeline to startups
Financial Express Mumbai

101 investments made in 2023: HNIs, celebrities offer lifeline to startups

THE FUNDING WINTER hasn't dampened the enthusiasm of a large number of veteran entrepreneurs, high-net-worth individuals (HNIS) and celebrities towards the startup eco system.

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2 mins  |
December 12, 2023
Financial Express Mumbai

PowerGrid likely to lose oversight role in boost to pvt investors

IN WHAT COULD give a further fillip to private investments in electricity transmission projects, the Centre is set to divest Power Grid Corporation of India (PGCIL) of its regulatory mandate. The state-run firm owns and operates the bulk of inter-state and inter-regional transmissions.

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2 mins  |
December 12, 2023
Financial Express Mumbai

Sensex scales Mount 70k

Nifty touches lifetime high; investor wealth soars to ₹351 trillion

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2 mins  |
December 12, 2023
Hinduja's stake transfer plan hits Irdai roadblock
Financial Express Mumbai

Hinduja's stake transfer plan hits Irdai roadblock

Regulator objects, calls application premature’

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2 mins  |
December 12, 2023
Unai Emery's sweet revenge on Arsenal
Financial Express Mumbai

Unai Emery's sweet revenge on Arsenal

Sacked by the Gunners four years ago, the Spaniard has rebuilt his reputation

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3 mins  |
December 11, 2023
Reliance's life with Metro
Financial Express Mumbai

Reliance's life with Metro

RELIANCE RETAIL's (RR) ₹2,850 crore acquisition of Metro Cash & Carry India last December held out much promise. A year on, however, market realities appear to have slowed the integration process.

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4 mins  |
December 11, 2023
Pranab called Modi visits a 'political adda': Daughter
Financial Express Mumbai

Pranab called Modi visits a 'political adda': Daughter

IN HER BOOK 'Pranab, My Father - A Daughter Remembers' which mentions the late Congress leader Pranab Mukerjee's strained relationship with the party leadership, Sharmistha Mukherjee also writes about the \"strong personal chemistry\" he had with Prime Minister Narendra Modi.

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2 mins  |
December 11, 2023
House panel recommends prayers, rituals at protected sites of 'religious significance'
Financial Express Mumbai

House panel recommends prayers, rituals at protected sites of 'religious significance'

A PARLIAMENTARY PANEL has recommended the government to explore the possibility of permitting puja and worship at monuments protected by the Archaeological Survey of India (ASI) that have religious significance.

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1 min  |
December 11, 2023
VP calls for debate on freebies: Empower minds not pockets
Financial Express Mumbai

VP calls for debate on freebies: Empower minds not pockets

STATING THAT THE politics of \"so-called freebies\" for which there is a \"mad race\" lead to dependence rather than strengthening human rights, Vice-President Jagdeep Dhankhar Sunday called for a national debate on it while addressing an event of the National Human Rights Commission (NHRC) on Human Rights Day.

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1 min  |
December 11, 2023
Vishnu Deo Sai to be Chhattisgarh CM
Financial Express Mumbai

Vishnu Deo Sai to be Chhattisgarh CM

ENDING THE SUSPENSE in Chhattisgarh, the BJP on Sunday named senior tribal leader Vishnu Deo Sai (59), a former Union minister and three-time state party president, as its Chief Minister.

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2 mins  |
December 11, 2023
MNRE plans long-term exemption for green hydrogen projects for solar PV
Financial Express Mumbai

MNRE plans long-term exemption for green hydrogen projects for solar PV

THE MINISTRY OF New and Renewable Energy (MNRE), a key player in the Indian government's decarbonisation goals, has proposed an exemption for green hydrogen developers from adhering to its list of authorised manufacturers to enable them to import solar photovoltaic (PV) modules and wind turbine models from China.

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3 mins  |
December 11, 2023
This MacBook can handle Al workloads easily
Financial Express Mumbai

This MacBook can handle Al workloads easily

It sports a top-notch design with an ultra-smooth display

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2 mins  |
December 11, 2023
Genpact turns to GenAl to train staff
Financial Express Mumbai

Genpact turns to GenAl to train staff

Chatbot AI Guru is the go-to-advisor for its employees worldwide

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3 mins  |
December 11, 2023
Picking up speed
Financial Express Mumbai

Picking up speed

Royal Enfield is working overtime to open up new pockets of influence

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2 mins  |
December 11, 2023
Sustainability, geopolitics are skills CXOs must learn
Financial Express Mumbai

Sustainability, geopolitics are skills CXOs must learn

Sustainability will go the way of AI a skill everyone needs, not just for specific roles

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2 mins  |
December 11, 2023
OMO sales unlikely in December-January
Financial Express Mumbai

OMO sales unlikely in December-January

THE RESERVE BANK of India (RBI) is unlikely to conduct open market operation (OMO) sales in December and January. Experts say possibilities of OMO sales in the current and the next month are low, and that the central bank will resort to such sales only in the case of a sustained and notably high liquidity surplus.

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2 mins  |
December 11, 2023
Global rate-cut standoff looms
Financial Express Mumbai

Global rate-cut standoff looms

FROM WASHINGTON TO Frankfurt to London and beyond, central bankers are approaching their final decisions of the year against a backdrop of unease at how the global inflation cycle is turning.

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3 mins  |
December 11, 2023