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Financial Express Pune

Tesla Beats Audi in Global Car Sales for the First Time

TESLA SURPASSED ONE of Germany's most prized premium car brands last year, despite selling fewer vehicles than expected.

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1 min  |
January 14, 2025
Financial Express Pune

Ahead of Trump return, Chinese trade surplus soars to $1 trillion

CHINA ANNOUNCED ON Monday that its trade surplus reached almost $1 trillion last year as its exports swamped the globe, while the country's own businesses and households spent cautiously on imports.

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2 mins  |
January 14, 2025
Financial Express Pune

Gaza Mediators Send Final Draft of Ceasefire to Israel & Hamas

MEDIATORS GAVE ISRAEL and Hamas a final draft of a deal on Monday to end the war in Gaza, an official briefed on the negotiations said, after a midnight \"breakthrough\" in talks attended by envoys of both Joe Biden and Donald Trump.

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1 min  |
January 14, 2025
Financial Express Pune

Prioritise AI funding: OpenAI to US

MOVE WILL MAINTAIN A BLOCK ON EXPORTS TO RUSSIA, IRAN AND N KOREA

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2 mins  |
January 14, 2025
Financial Express Pune

J&J Set to Acquire Intra-Cellular in $14.6 Billion Deal

JOHNSON & JOHNSON said on Monday it will buy neurological drugmaker Intra-Cellular Therapies for $14.6 billion, its biggest deal in at least two years, boosting its presence in the market for brain disease treatments.

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1 min  |
January 14, 2025
Financial Express Pune

Growth Stagnation Continues for Just Dial

Employee efficiency is near its peak, with underinvestment posing a risk to growth

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1 min  |
January 14, 2025
Financial Express Pune

Biocon's US biz prospects strong

● Well-positioned for product approvals and launches

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1 min  |
January 14, 2025
Financial Express Pune

Dmart: Maintaining cautious outlook

Company is poised for 19% growth in FY2026/27

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2 mins  |
January 14, 2025
Financial Express Pune

The Tortuous Normalisation

BEIJING'S 'ILLEGAL, COERCIVE, AGGRESSIVE AND DECEPTIVE' STRATEGY WILL TEST NEW DELHI

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4 mins  |
January 14, 2025
Financial Express Pune

Building a cyber-resilient India in the AI era

As AI becomes more integrated into business and daily life, the need for robust cybersecurity measures becomes an imperative for the country

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3 mins  |
January 14, 2025
Financial Express Pune

Don't bank on your banking job outlasting AI

OVER THE PAST few months, I've had occasion to speak at a number of conferences concerned with the impact of artificial intelligence on financial jobs.

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3 mins  |
January 14, 2025
Financial Express Pune

Sinking rupee, surging oil drive indices to 7-mth low

Sensex plunges over 1,000 points, Nifty declines 345 points

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2 mins  |
January 14, 2025
Financial Express Pune

Bond yield logs biggest single-day rise in 7 mths

GOVERNMENT BOND YIELDS marched higher on Monday, with the benchmark yield logging its biggest single-session rise in over seven months, as US Treasury yields continued to rally after robust economic data, while a tumbling rupee also weighed on sentiment.

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1 min  |
January 14, 2025
Financial Express Pune

Re fall casts shadow over policy rate cuts

A SIGNIFICANT DEPRECIATION in the rupee could defer rate cuts by the Reserve Bank of India (RBI), as it fuels inflation by making imports more expensive.

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1 min  |
January 14, 2025
Financial Express Pune

US sanctions on Russia crude: Oil jumps to over $80

THE OIL SAGA

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1 min  |
January 14, 2025
Financial Express Pune

Will we ever see 85 again?

BOY, THAT WAS quick. The rupee had slipped from a wobbly 83+ before Trump's election through 84 and accelerated through 85, and finally, on Monday morning, fell screaming through 86 to the dollar.

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3 mins  |
January 14, 2025
Financial Express Pune

Imported inflation, fiscal costs remain key worries

THE RUPEE'S SHARP slide has the immediate effect of jacking up imported inflation.

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2 mins  |
January 14, 2025
Financial Express Pune

Overseas study, travel to cost more

Be Ready For Additional Spending

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2 mins  |
January 14, 2025
Financial Express Pune

Rupee unlikely to breach the 88-mark in FY25: Experts

THE RUPEE HAS fallen 232 paise, or 3.37%, since the US Federal Reserve cut interest rates in September for the first time in four years, but the majority of market participants believe that it will not breach the 88-mark by the end of this fiscal.

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2 mins  |
January 14, 2025
Financial Express Pune

TVs, refrigerators, ACs may get dearer by 5% on falling Rupee

PRICES OF TVs, washing machines, air conditioners and refrigerators may go up by at least 5% as the rupee continues to depreciate.

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2 mins  |
January 14, 2025
Financial Express Pune

Realty Attracts 6% More PE Funding in Apr-Dec

The private equity (PE) landscape in Indian real estate for the first nine months of FY25 reveals a shift despite declining deal numbers.

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1 min  |
January 14, 2025
Financial Express Pune

TVs, refrigerators, ACs may get dearer by 5% on falling Re

PRICES OF TVs, washing machines, air conditioners and refrigerators may go up by at least 5% as the rupee continues to depreciate.

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2 mins  |
January 14, 2025
Financial Express Pune

Telcos May Further Hike Tariffs by 10%

Focus on Monetisation

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2 mins  |
January 14, 2025
Financial Express Pune

Headcount rises by over 2,000 employees

Recovery From Q2

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1 min  |
January 14, 2025
Financial Express Pune

HCLTech misses Q3 estimates

• Slight drop in deal activity to $2.1 bn

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2 mins  |
January 14, 2025
Financial Express Pune

Tech firms likely to challenge Trai's international SMS rules

GLOBAL COMPANIES SUCH as Truecaller, Amazon and Uber are likely to urge the department of telecommunications (DoT) to not expedite approval to recommendations by the Telecom Regulatory Authority of India (Trai) on international SMS traffic.

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1 min  |
January 14, 2025
Financial Express Pune

Food inflation down to 8.34% in Dec

More Relief In Sight

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2 mins  |
January 14, 2025
Financial Express Pune

Direct tax collections rise 15.9% to ₹16.9 lakh cr

THE CENTRE'S DIRECT tax collections, after refunds, grew 15.9% year-on-year to ₹16.9 lakh crore till January 12 in the current financial year, data released by the finance ministry showed on Monday.

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1 min  |
January 14, 2025
Financial Express Pune

Trump Tariff Burden on India Pegged at $14.6 Billion

If the incoming Donald Trump administration goes ahead with the proposed tariff hikes, it would result in an additional duty burden of $14.6 billion on India's exports to the US, according to a report by Boston Consulting Group (BCG).

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1 min  |
January 14, 2025
Financial Express Pune

Hopeful about higher agri growth in FY25: Principal secy to PM

THE AGRICULTURE AND allied sector is poised for stronger growth in FY25, driven by favourable monsoon conditions, according to P K Mishra, principal secretary to the Prime Minister.

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1 min  |
January 14, 2025