CATEGORIES

Adani Green Energy's CEO Amit Singh to step down
Financial Express Mumbai

Adani Green Energy's CEO Amit Singh to step down

ADANI GREEN ENERGY'S chief executive officer Amit Singh will step down to take up the role of the chief of the international energy business of the Adani Group, the renewable energy firm said on Monday.

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1 min  |
December 31, 2024
Bata India set to roll out VRS scheme at Hosur facility in TN
Financial Express Mumbai

Bata India set to roll out VRS scheme at Hosur facility in TN

BATA INDIA ON Monday said that it will introduce a voluntary retirement scheme (VRS) at its Hosur unit in Tamil Nadu.

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1 min  |
December 31, 2024
Financial Express Mumbai

IT firms may face cost hikes with H-1B overhaul

● Visa changes unlikely to become more restrictive

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2 mins  |
December 31, 2024
Financial Express Mumbai

Nissan turns to Honda to steer India operations out of crisis

Nissan faces decline in market share and fewer dealerships

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2 mins  |
December 31, 2024
Financial Express Mumbai

India to push for banana exports to Russia

AFTER ACHIEVING SUCCESS in banana exports to Europe and West Asia, the government is now eyeing the Russian market, currently dominated by Ecuador, a senior official said on Monday.

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1 min  |
December 31, 2024
Financial Express Mumbai

External debt rises to $711.8 bn in Sept

INDIA'S EXTERNAL DEBT rose to USD 711.8 billion as of September this year, up 4.3 per cent over June 2024, as per the data released by the Finance Ministry.

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1 min  |
December 31, 2024
Financial Express Mumbai

Andhra CM approves projects worth ₹1.82 lakh cr

ANDHRA PRADESH CHIEF Minister N Chandrababu Naidu on Monday approved nine projects, which are set to bring in investments totaling Rs 1.82 lakh crore and are expected to generate 2.63 lakh jobs.

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1 min  |
December 31, 2024
Financial Express Mumbai

₹17,581 crore invested under PLI scheme: Govt

COMPANIES HAVE INVESTED Rs 17,581 crore under the production-linked incentive (PLI) scheme for specialty steel till October 2024, the government said on Monday.

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1 min  |
December 31, 2024
Financial Express Mumbai

Rooftop solar scheme: Rules for financial aid released

THE MINISTRY OF new and renewable energy (MNRE) has issued operational guidelines for implementing the payment security mechanism (PSM) and central financial assistance (CFA) for residential consumers through the renewable energy services company (RESCO) model and utility-led aggregation (ULA) model under the PM Surya Ghar Muft Bijli Yojana.

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2 mins  |
December 31, 2024
Financial Express Mumbai

Government plans to double subsidy for chip design to ₹30 crore

The Ministry of Electronics and IT (MeitY) is working on a proposal to double the subsidy under the design-linked incentive (DLI) scheme, a key component of India's ₹76,000 crore semiconductor incentive programme.

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2 mins  |
December 31, 2024
Financial Express Mumbai

Revised GMP norms for pharma firms to kick in from Jan 1

With the revised Schedule M guidelines for good manufacturing practices (GMP) to come into force from January 2025, and there's no likely extension of the deadline for meeting the new norms, the pharma sector is staring at a crisis situation.

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1 min  |
December 31, 2024
Financial Express Mumbai

Mandi rates of pulses fall but retail prices high

RETAIL PULSES PRICES continue to rule firm despite a fall in mandi prices due to the arrival of kharif harvests and robust imports.

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2 mins  |
December 31, 2024
Financial Express Mumbai

NBFCs'loan growth moderates to 6.5%...

THE LOAN GROWTH of nonbanking financial companies (NBFCs) moderated in the first half of FY25 to 6.5% in September, according to the Reserve Bank of India's Financial Stability Report.

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1 min  |
December 31, 2024
Financial Express Mumbai

...while funding gap widens

Banks and non-banking financial companies (NBFCs) aggressively used certificates of deposit and commercial papers to address funding shortfalls, leading to increased money market spreads since July, according to the RBI's latest Financial Stability Report.

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1 min  |
December 31, 2024
Financial Express Mumbai

India Inc's Budget wish list: I-T relief & support for poor

Govt warned against sharper fiscal consolidation

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2 mins  |
December 31, 2024
Financial Express Mumbai

Microfinance Faces Rising Delinquencies

THE MICROFINANCE SECTOR is showing signs of stress, with rising delinquencies across all types of lenders and ticket sizes, the Reserve Bank of India (RBI) stated in its latest Financial Stability Report.

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1 min  |
December 31, 2024
Financial Express Mumbai

RBI red-flags worsening asset quality in unsecured loans

Growth in personal loans moderates post regulatory measures

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2 mins  |
December 31, 2024
Financial Express Mumbai

Passengers left in the cold as flight delays surge

Fleet build-up outpaces operational efficiency

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2 mins  |
December 31, 2024
Financial Express Mumbai

Adani Group to sell stake in Wilmar JV; to fetch $2 bn

ADANI ENTERPRISES (AEL) has decided to exit Adani Wilmar, the FMCG joint venture between its subsidiary Adani Commodities (ACL) and Wilmar International-owned Lence (Lence), to direct investments to its core infrastructure business, the firm said in an exchange filing on Monday.

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1 min  |
December 31, 2024
Financial Express Mumbai

FM Says Wishes To Do More For Middle Class

FINANCE MINISTER NIRMALA Sitharaman on Monday said that she wishes to 'do more' for the middle class, but highlighted that there are 'limitations' in providing relief through tax tweaks.

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2 mins  |
December 31, 2024
Financial Express Mumbai

Dove, hawk or owl?

SANJAY MALHOTRA, GOVERNOR, RBI

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5 mins  |
December 31, 2024
Financial Express Mumbai

RBI: Medium-term outlook uncertain

But investment scenario looking up, says governor

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2 mins  |
December 31, 2024
Financial Express Mumbai

Isro to demonstrate docking of satellites in space in Jan

ISRO IS SET to launch two satellites tonight from the Sriharikota spaceport to demonstrate docking and undocking of spacecraft in orbit, which will make India the fourth country in the world to achieve the feat.

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1 min  |
December 30, 2024
All eyes on Virat & Rohit to plot a magical win, rediscover glory
Financial Express Mumbai

All eyes on Virat & Rohit to plot a magical win, rediscover glory

If Sunday's Test cricket at the MCG was exhilarating, a mouth-watering Monday awaits the audience on Monday.

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2 mins  |
December 30, 2024
In a problem-solving mode
Financial Express Mumbai

In a problem-solving mode

FINANCIAL REGULATORS, ACROSS the world, have unenviable jobs. Either they take hard positions against the industry or individual, thereby inviting the wrath or displeasure of one or both.

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4 mins  |
December 30, 2024
Financial Express Mumbai

Funding rebound augurs well for startup ecosystem

STARTUP EXPERTS FORESEE a steady rebound in startup funding, driven by strong economic fundamentals and a focus on sustainable growth in 2025.

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2 mins  |
December 30, 2024
Constitution guiding light; Maha Kumbh's message is unity: Modi
Financial Express Mumbai

Constitution guiding light; Maha Kumbh's message is unity: Modi

INDIA'S CONSTITUTION HAS stood the test of time and it is the country's guiding light, Prime Minister Narendra Modi said on Sunday in the year's final episode of the Mann Ki Baat radio address.

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2 mins  |
December 30, 2024
Financial Express Mumbai

A quiet operator for cleaner and healthier indoor air

Its LED panel displays the AQI level in real-time

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2 mins  |
December 30, 2024
Financial Express Mumbai

Audio is high-quality, detailed and balanced

AK4332ECB DAC chip that helps to deliver audio with detailed accuracy and low distortion. The credit for high-quality audio also goes to Knowles balanced armature driver, a small, lightweight transducer that produces high-quality sound in a range of devices, including earphones, hearing aids, and other critical listening applications. In the case of these earbuds, the driver has been moved towards the inside of the ear with a redesigned acoustic chamber and mesh size

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2 mins  |
December 30, 2024
Making India a chip powerhouse
Financial Express Mumbai

Making India a chip powerhouse

A strong product focus will enhance its global stature

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2 mins  |
December 30, 2024