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Financial Express Delhi

Monday blues: Benchmark indices close in the red

IT WAS A ROLLER-COASTER ride for the benchmark indices on Monday.

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1 min  |
December 31, 2024
Financial Express Delhi

10-Year G-Sec Yields May Ease to 6.60% by Mar: Tata AMC

The yield on the 10-year benchmark is expected to fall to 6.60% by the end of March and could fall further to 6.50%, Akhil Mittal, senior fund manager-debt at Tata Asset Management, told FE.

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1 min  |
December 31, 2024
Financial Express Delhi

Flyers left in the cold as delays surge

More than 2.39 million passengers were directly affected by delays in the first 11 months of the year, a 27% increase compared to the same period in 2023.

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1 min  |
December 31, 2024
Financial Express Delhi

Healthcare sector to touch $320 billion by 2028: Report

INDIA'S HEALTHCARE SECTOR is expected to reach $320 billion by 2028, said a report by 'Great Place to Work'. It added that the pharma sector is targeting to reach $130 billion by 2030, while the biotechnology sector is aiming to touch $300 billion by 2030.

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1 min  |
December 31, 2024
Financial Express Delhi

Reliance seeks premium for KG block oil

RELIANCE INDUSTRIES IS seeking a premium of at least $3.5 per barrel over an international benchmark for crude oil it produces for eastern offshore KG-D6 block, according to the tender the firm put out on Monday.

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1 min  |
December 31, 2024
Financial Express Delhi

Growing regulatory scrutiny awaits e-commerce firms

IN 2025, e-commerce giants like Amazon and Flipkart are expected to face intensified regulatory oversight as the government strengthens measures to safeguard competition and protect consumer data.

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2 mins  |
December 31, 2024
Financial Express Delhi

BII revises investment in Mahindra's EV firm

UK-BASED INVESTOR British International Investment (BII) and Mahindra & Mahindra (M&M) have mutually agreed for a downward revision of former's investment into M&M's electric vehicle making company.

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1 min  |
December 31, 2024
Financial Express Delhi

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 Delhi

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
Financial Express Delhi

Festive cheer missing as retail sales growth slows, finds study

THE RETAIL SECTOR's festive sales growth failed to meet expectations this year, reflecting subdued consumer demand, according to the Retailers Association of India (RAI).

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1 min  |
December 31, 2024
Financial Express Delhi

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 Delhi

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 Delhi

Future forward: How AI will redefine new year

ARTIFICIAL INTELLIGENCE (AI) is set to redefine industries in 2025, driven by advancements in agentic AI, smaller language models (SLMs), and domain-specific solutions.

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2 mins  |
December 31, 2024
Financial Express Delhi

Rabi sowing in last leg, a tad above year-ago level

LESS THAN A fortnight left for the season to be over, sowing of rabi crops such as wheat, pulses, oilseeds and coarse cereals has crossed the year-ago level, even as oilseeds area has declined on year, reports Sandip Das.

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1 min  |
December 31, 2024
Financial Express Delhi

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 Delhi

External debt rises to $711.8 bn in Sept

INDIA'S EXTERNAL DEBT rose to $711.8 billion as of September this year, up 4.3% over June 2024, as per the data released by the finance ministry.

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1 min  |
December 31, 2024
Financial Express Delhi

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 Delhi

Govt 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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1 min  |
December 31, 2024
Financial Express Delhi

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 Delhi

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 Delhi

...while funding gap widens

Banks and non-banking financial companies (NBFCs) aggressively used certificates of deposit and commercial papers to address their funding shortfalls.

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1 min  |
December 31, 2024
Financial Express Delhi

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 Delhi

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 Delhi

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 Delhi

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
Financial Express Delhi

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
Financial Express Delhi

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 Delhi

Promoters pick up ₹1.5 L cr through share sales in 2024

A conducive \"EXIT environment\" didn't just help promoters looking to offload shares.

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1 min  |
December 30, 2024
Financial Express Delhi

AI is changing how we search, play game & create

Our product line-up will deliver enhanced solutions to address these aspects. The ability of the AI PCs to tackle complex workloads, improve collaboration and deliver advanced content creation and media experiences, will act as a catalyst of growth and demand of AI in PCs. The technology will also elevate gaming by making the device more energy efficient. Who will be the initial buyers for AI PCs in India? We have fully embraced AI with our Asus PCs, being the first

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2 mins  |
December 30, 2024
Financial Express Delhi

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