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Financial Express Delhi

At 18, Gukesh is world's youngest chess champion

● Second Indian after Anand to win global title

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2 mins  |
December 13, 2024
Financial Express Delhi

Food, beverages at airports excessively priced: Flyers

A significant percentage of airline passengers said food and beverages that are sold at airports in the country are \"excessively\" priced, with some passengers paying more than 200% than at organised retail and railway stations, according to a survey.

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1 min  |
December 13, 2024
PSUs spur impact across sectors through CSR activities
Financial Express Delhi

PSUs spur impact across sectors through CSR activities

Public Sector Undertakings accounted for 26.23 per cent of the total CSR spending in FY 21-22, a recent CSR spending report revealed

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3 mins  |
December 13, 2024
Financial Express Delhi

AI stocks fuel much of bull run since 2022

BIG TECH HAS STAKED SOME OF ITS FUTURE ON AI

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3 mins  |
December 13, 2024
Financial Express Delhi

Kerala CM asks states to boost cooperation

Vijayan said on Thursday that Kerala and Tamil Nadu put forward a model of coexistence and cooperation that should spread through other states as well.

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1 min  |
December 13, 2024
Financial Express Delhi

CE20 cryogenic engine of Isro passes critical test

THE INDIAN SPACE Research Organisation (Isro) on Thursday said it has achieved a major milestone after its CE20 cryogenic engine passed a critical test in ambient condition, featuring restart enabling systems.

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1 min  |
December 13, 2024
Kejriwal promises to raise women allowance after poll
Financial Express Delhi

Kejriwal promises to raise women allowance after poll

WITH AN EYE on the upcoming Delhi Assembly elections, AAP national convenor and former chief minister Arvind Kejriwal on Thursday announced that the monthly allowance given to women under the Mahila Samman Rashi scheme would be increased to ₹2,100 from ₹1,000 if the party returned to power next year.

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1 min  |
December 13, 2024
Financial Express Delhi

PM stresses IMEEC in talks with UAE leader

● Says corridor a historic initiative for connectivity

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2 mins  |
December 13, 2024
Financial Express Delhi

Places of Worship Act: SC stops all surveys till further orders

\"UNDERLINING THAT \"NO effective orders\" can be passed, the Supreme Court on Thursday barred civil courts across the country from registering fresh suits challenging the ownership and title of any place of worship and from ordering surveys of disputed religious places until further orders.

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3 mins  |
December 13, 2024
Aspirational India, states & 16th Finance panel
Financial Express Delhi

Aspirational India, states & 16th Finance panel

AS INDIA HAS become more aspirational, state governments, cognizant of their prime role in accomplishing the national aspirations, have demanded that the 16th Finance Commission increase their share in the divisible pool of taxes to at least 50% to reduce the congenital inequality between the Union and the states.

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3 mins  |
December 13, 2024
Financial Express Delhi

India votes in favour of UN resolution seeking Gaza truce

INDIA VOTED IN favour of a UN General Assembly resolution that demanded an immediate, unconditional and permanent ceasefire in Gaza and reiterated the demand for immediate and unconditional release of all hostages.

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1 min  |
December 13, 2024
Financial Express Delhi

Biden pardons 39, commutes sentences of 1,500 others

OUTGOING US PRESIDENT Joe Biden said on Thursday he was pardoning 39 people convicted of non-violent crimes and commuting the sentences of nearly 1,500 others who were serving long prison terms.

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1 min  |
December 13, 2024
Financial Express Delhi

Trump named Time's Person of the Year, rings NYSE bell

TIME MAGAZINE ON Thursday named US President-elect Donald Trump its \"Person of the Year,\" citing his deep impact on American politics and the country's role in the world.

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2 mins  |
December 13, 2024
Financial Express Delhi

S Korean President vows a 'fight to the end', bets on allies' support

SOUTH KOREAN PRESIDENT Yoon Suk Yeol said on Thursday he would \"fight to the end\" as his own political party shifted closer to voting with the opposition to impeach him over his short-lived martial law order that threw the US ally into turmoil.

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1 min  |
December 13, 2024
China vows bigger fiscal spending for economy
Financial Express Delhi

China vows bigger fiscal spending for economy

BEIJING EYES BIGGEST RATE CUTS IN 10 YRS

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2 mins  |
December 13, 2024
ECB cuts rate for 3rd straight time as inflation nears 2%
Financial Express Delhi

ECB cuts rate for 3rd straight time as inflation nears 2%

THE EUROPEAN CENTRAL Bank lowered interest rates for a third consecutive meeting, signaling more reductions next year as inflation nears 2% and the economy struggles.

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1 min  |
December 13, 2024
Financial Express Delhi

Boeing still struggling to make its best-selling jet - 737 MAX

SINCE A CRIPPLING strike at many of Boeing's US plane factories ended more than a month ago, progress ramping up production of its best-selling 737 MAX jet has been deliberately slow.

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1 min  |
December 13, 2024
The need for speed
Financial Express Delhi

The need for speed

●What Zepto Café needs to do to succeed in a new market

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3 mins  |
December 13, 2024
Financial Express Delhi

Exxon Mobil plots way back to a league of its own

IF ANYTHING DIFFERENTIATES Exxon Mobil Corp. from the rest is its ability to invest countercyclically – to be \"greedy only when others are fearful,\" in Warren Buffett's words.

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3 mins  |
December 13, 2024
Macquarie sees 21% upside for Delhivery
Financial Express Delhi

Macquarie sees 21% upside for Delhivery

Shares of logistics provider Delhivery on Thursday gained nearly 3.2% on the BSE to its intraday high of ₹391.30 as global brokerage firm Macquarie has maintained its 'outperform' rating on the stock along with a 12-month target price of ₹460, implying an upside of more than 21%.

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1 min  |
December 13, 2024
Financial Express Delhi

Jubilant FoodWorks falls after Coke bottler deal

SHARES OF JUBILANT FoodWorks fell over 5% on Thursday, a day after the Jubilant Bhartia Group agreed to pick up a 40% stake in Hindustan Coca-Cola Beverages (HCCB).

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1 min  |
December 13, 2024
Financial Express Delhi

Indices settle lower as caution over inflation blunts IT rally

Shares fell on Thursday, weighed by a retreat in all sectors, barring information technology, because of caution ahead of inflation data.

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1 min  |
December 13, 2024
Financial Express Delhi

Rupee hits new closing low, RBI intervention caps loss

THE RUPEE FELL to an all-time low on Thursday, pressured by a lingering depreciation bias and heightened demand for the US dollar in the non-deliverable forwards (NDF) market, while the intervention from the Reserve Bank of India helped prevent sharp losses.

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1 min  |
December 13, 2024
Sebi trying to reduce float of ₹4.5 lakh cr lying with intermediaries
Financial Express Delhi

Sebi trying to reduce float of ₹4.5 lakh cr lying with intermediaries

WITH MEASURES SUCH as T+0 settlement and UPI block mechanism for the secondary market, Sebi is trying to reduce the cash-equivalent collateral of over ₹4.5 lakh crore lying with intermediaries and bring in more transparency, whole-time member Ananth Narayan said on Thursday.

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1 min  |
December 13, 2024
Sebi board may widen UPSI scope, tighten SME rules
Financial Express Delhi

Sebi board may widen UPSI scope, tighten SME rules

THE BOARD OF the Securities and Exchange Board of India (Sebi), in its meeting on December 18, is likely to approve a slew of measures, including tighter norms for small and medium enterprises (SME) listing, review of custodian and merchant banker regulations and expansion of the definition of unpublished price sensitive information (UPSI).

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1 min  |
December 13, 2024
Financial Express Delhi

NBFCs mop up over ₹10,000 cr via bonds

FUNDRAISING SPREE

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1 min  |
December 13, 2024
Financial Express Delhi

NBCC to be consultant for 16 projects of Supertech

INSOLVENCY APPELLATE TRIBUNAL NCLAT has appointed state-owned NBCC as a project management consultant to complete debt-ridden realty firm Supertech's 16 real estate projects at a cost of nearly ₹9,500 crore, a move that will provide relief to thousands of homebuyers.

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1 min  |
December 13, 2024
Financial Express Delhi

India needs $2.2-trn infra investment by 2030: Report

INDIA WILL REQUIRE an investment of $2.2 trillion for infrastructure development to become a $7-trillion economy by 2030, Knight Frank India said on Thursday, while stressing the need for radical measures to encourage private participation in this area.

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1 min  |
December 13, 2024
Financial Express Delhi

Panel to flag bad loans

TO IMPROVE THE resolution process, banks have been instructed to closely monitor the top 20 NCLT cases at the MD level, with senior officials, not below the rank of GM, required to attend proceedings.

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1 min  |
December 13, 2024
Financial Express Delhi

Makers of auto parts in a fix over EV switch

AUTO COMPONENT MANUFACTURERS, who were asked to set up factories by their clients to support the electric vehicle evolution, find themselves in a tough spot as automakers pivot back to traditional petrol and diesel engine technologies.

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1 min  |
December 13, 2024

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