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Financial Express Bengaluru

Q-comm delivers record sales on New Year's Eve

QUICK COMMERCE FIRMS saw their sales soar to unprecedented levels on December 31.

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2 mins  |
January 02, 2025
Financial Express Bengaluru

India Poised to Lead Global Supply Chains: Anand Mahindra

INDIA HAS THE potential to significantly bolster its economic stature and establish itself as a pivotal player in the global supply chain, according to Mahindra Group chairman Anand Mahindra.

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1 min  |
January 02, 2025
Financial Express Bengaluru

AI first airline to roll out Wi-Fi on domestic fleet

AIR INDIA HAS covered a lot of ground since privatisation and its global coverage will further increase in the years ahead, the airline's chief Campbell Wilson said on Wednesday.

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1 min  |
January 02, 2025
Financial Express Bengaluru

SUV demand puts Dec PV sales in the fast lane

Sales hit 4.3 million in 2024, marking 4.8% growth

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2 mins  |
January 02, 2025
Financial Express Bengaluru

Electronics Sector Seeks Cut in Duties, Tariff Slabs

In the run-up to the Budget 2025-26, the India Cellular and Electronics Association (ICEA) has urged the government to simplify the tariff structure and sought a reduction in duties on electronics parts and components used in mobile phones, television sets, hearables, and car displays.

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1 min  |
January 02, 2025
Financial Express Bengaluru

Two crop insurance schemes to run till FY26

THE UNION CABINET on Wednesday extended two crop insurance schemes — the Pradhan Mantri Fasal Bima Yojana (PMFBY) and the Restructured Weather Based Crop Insurance Scheme (RWBCIS) — by one more year till 2025-26 to align their implementation with the 15th Finance Commission period.

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3 mins  |
January 02, 2025
Financial Express Bengaluru

18 Former MoS, 12 Ex-MPs Still Have Security

Audit finds no security review done in a long time

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2 mins  |
January 02, 2025
Financial Express Bengaluru

FY25 Tobacco Exports to Top ₹13,000 Cr

Higher yields & prices drive growth; no increase in area under tobacco cultivation

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2 mins  |
January 02, 2025
Financial Express Bengaluru

IREDA loan disbursements up 41%

STATE-OWNED INDIAN RENEWABLE Energy Development Agency (IREDA) sanctioned loans worth ₹31,087 crore in the third quarter of the current financial year, up 129% from ₹13,558 crore in the same period last year, according to provisional data provided by the company.

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1 min  |
January 02, 2025
Financial Express Bengaluru

Govt cuts jet fuel price by 1.5%, commercial LPG by ₹14.5/cylinder

THE PRICE OF jet fuel, or ATF, on Wednesday was reduced by 1.5% and the rate of commercial LPG that is used in hotels and restaurants was cut by ₹14.5 per 19-kg cylinder in the monthly revision done in line with benchmark international prices.

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1 min  |
January 02, 2025
Financial Express Bengaluru

2024 Was Warmest Since 1901; Jan 2025 to Be Relatively Warm

THE YEAR 2024 was the warmest on record in India since 1901, with the average minimum temperature settling 0.90 degree Celsius above the long-period average, Mrutyunjay Mohapatra, director general of the India Meteorological Department (IMD), said on Wednesday.

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1 min  |
January 02, 2025
Financial Express Bengaluru

CCI Seeks More Info on Charges Against Quick-Commerce Firms

The Competition Commission (CCI), which has received a complaint of anti-competitive practices against quick commerce companies, is waiting for more information on the allegations from the complainant before taking a decision on the matter.

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1 min  |
January 01, 2025
Financial Express Bengaluru

RIL Spent $13 Billion on Acquisitions in 5 Years

RELIANCE INDUSTRIES HAS spent $13 billion on acquisitions in the past five years across new energy, telecom, retail, and media business to script a pivot away from core oil and petrochemicals business to clean energy and consumer-facing verticals.

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1 min  |
January 01, 2025
Financial Express Bengaluru

Thomas Cook reports cyberattack on IT infra

Thomas Cook (India) on Tuesday said there has been a cyberattack on its IT infrastructure and it is working with security experts to support its investigation and take remedial action.

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1 min  |
January 01, 2025
Financial Express Bengaluru

BAA plans to open pilot training centre in India

BAA TRAINING, A global aviation training provider, is considering establishing a pilot training centre in India to capitalise on the predicted surge in air travel demand in the country.

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1 min  |
January 01, 2025
Financial Express Bengaluru

BPCL boosts West Asian oil imports

BHARAT PETROLEUM, one of the largest refiners in India, has been forced to seek alternative and more expensive crude cargoes from West Asia to make up for lower supplies from Russia, putting a spotlight on shifting export patterns as traders focus on the global market's prospects in 2025.

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1 min  |
January 01, 2025
Financial Express Bengaluru

Bajaj Auto topples Ola

TO COUNTER THESE challenges, Ola Electric opened 3,200 new stores in a single day last week, bringing its total network to 4,000 showrooms and service centres nationwide.

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1 min  |
January 01, 2025
Financial Express Bengaluru

Market share cap for UPI postponed by two years

THE TWO FIRMS processed a combined 13.1 billion transactions in November, the data showed.\"The decision to delay the market share cap is aimed at not hindering the growth of the UPI ecosystem while also giving other players the time to grow,\" a person familiar with the discussions said, speaking on the condition of anonymity.

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1 min  |
January 01, 2025
Financial Express Bengaluru

Naxals trying to expand without success: MHA

FACING TOUGH ACTION from security forces, the Naxals are making efforts to expand to new areas along inter-state borders but without any notable success, the latest report from the home ministry has said.

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1 min  |
January 01, 2025
Financial Express Bengaluru

Biren concludes 2024 with an apology: 'I want to say sorry'

Says we have to start a new life, a peaceful Manipur

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1 min  |
January 01, 2025
Financial Express Bengaluru

'AI and marketing make a powerful combination'

Chief marketing officers (CMOs) are no longer shooting in the dark when it comes to understanding consumer behaviour, preferences, and market trends.

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3 mins  |
January 01, 2025
Financial Express Bengaluru

Build relationships to cement success...

...and some more ideas to defend your market

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2 mins  |
January 01, 2025
Financial Express Bengaluru

Audit needs to be proper

Global investors will look for transparent accounting, best practices are a must

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2 mins  |
January 01, 2025
Financial Express Bengaluru

Navigating trade challenges

IN 2025, INDIA'S TRADE POLICY SHOULD FOCUS ON SERVICES, US AND JOINING THE CPTPP

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4 mins  |
January 01, 2025
Financial Express Bengaluru

Let the rupee find its own level

Seeking elusive stability in the exchange rate while the economy remains open to capital flows entails a relatively less independent monetary policy to boost growth

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3 mins  |
January 01, 2025
Financial Express Bengaluru

How Musk Planted Himself at Trump's Doorstep

ELON MUSK plays many roles with President-elect Donald J. Trump. He is Trump's most important donor, most influential social media promoter, and a key adviser on policy and personnel.

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2 mins  |
January 01, 2025
Financial Express Bengaluru

China's 2024 GDP growth set to hit target of 5%, says Xi

BRIGHTER PROSPECTS

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1 min  |
January 01, 2025
Financial Express Bengaluru

Russia to Cut Gas Flow to Europe via Ukraine

RUSSIAN ENERGY COMPANY Gazprom said it would pump a reduced volume of gas to Europe via Ukraine on Tuesday, the last day before the expiry of a deal that had kept the gas flowing throughout nearly three years of war.

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1 min  |
January 01, 2025
Financial Express Bengaluru

S Korea crash: Airport embankment in focus

SOUTH KOREA RAMPED up investigations on Tuesday into the cause of its deadliest domestic air accident as police worked to identify victims while families of those killed in the crash of a Jeju Air jet pushed for more details.

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1 min  |
January 01, 2025
Financial Express Bengaluru

US Treasury says its system hacked, China behind it

THE US TREASURY Department was hacked by a Chinese state-sponsored actor through a third-party software service provider, according to a letter the agency sent to Congress on Monday.

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1 min  |
January 01, 2025