CATEGORIES

Financial Express Chandigarh

FPIs Withdraw ₹22,194 Cr in January Amid Weak Earnings

FOREIGN INVESTORS HAVE withdrawn ₹22,194 crore from Indian equities this month, driven by expectations of a weak earnings season, a steady rise in the US dollar, and concerns over tariff war during Donald Trump's presidency.

time-read
1 min  |
January 13, 2025
Financial Express Chandigarh

Trump's tariff talk puts mkts on edge

TRUMP'S INTENTION TO raise tariffs to protect American trade was widely anticipated and largely factored in. However, his speech last week, hinting at the possibility of declaring a state of emergency to implement his sweeping tariff plans, caught markets off guard.

time-read
2 mins  |
January 13, 2025
Financial Express Chandigarh

Unsecured loan slippages may weigh on banks' Q3 earnings

BANKS ARE EXPECTED to see moderate compression in the third quarter due to an increase in slippages from unsecured loans, such as credit cards and microfinance.

time-read
2 mins  |
January 13, 2025
Financial Express Chandigarh

Insurance reforms...

The proposal further mentioned that the requirement of net owned funds for foreign reinsurers is also proposed to be reduced from ₹5,000 crore to ₹1,000 crore.

time-read
1 min  |
January 13, 2025
Financial Express Chandigarh

JP Morgan Asks Staff To Return To Office Five Days A Week

US BANK JPMORGAN Chase on Friday asked its employees who are on hybrid work schedules to return to the office five days a week starting in March, an internal memo seen by Reuters showed, prompting hundreds of staff comments, including complaints.

time-read
1 min  |
January 13, 2025
Financial Express Chandigarh

Government Invites Musk...

The policy also proposes reduced import duties for automakers who commit to investing a minimum of $500 million (approximately ₹4,150 crore) in India, along with achieving 25% DVA within three years of operations and 50% by the fifth year.

time-read
1 min  |
January 13, 2025
Financial Express Chandigarh

Apple Wants To Keep Diversity Programmes

APPLE'S BOARD OF directors recommended investors vote against a shareholder proposal to abolish the company's Diversity, Equity, and Inclusion (DEI) programs, according to a proxy filing from the company.

time-read
1 min  |
January 13, 2025
Financial Express Chandigarh

LA Wildfire Pushes Further to Threaten Bel Air, Brentwood

THE DEVASTATING PALISADES Fire pushed to the northeast, prompting new evacuations in the ultra-affluent Southern California neighborhoods of Brentwood and Bel Air as the threat of more dry winds raised risks after a brief respite.

time-read
1 min  |
January 13, 2025
Financial Express Chandigarh

Startup Backed by Andrew Ng Launches App for HMPV Risks

JIVI.AI, a healthcare startup founded by former BharatPe chief product officer Ankur Jain and GVK family promoter Sanjay Reddy, has launched an artificial intelligence (AI)-powered risk assessment platform for human metapneumovirus (HMPV).

time-read
1 min  |
January 13, 2025
Financial Express Chandigarh

Robust rural growth likely to continue for FMCG firms in Q3

With the high inflation still straining urban wallets, fast-moving consumer goods (FMCG) companies see faster sales volume growth continuing in the rural areas versus the urban regions in the December quarter.

time-read
2 mins  |
January 13, 2025
Financial Express Chandigarh

Hyundai Set to Drive in Creta EV on January 17

HYUNDAI MOTOR INDIA is all set to unveil its much-anticipated Creta EV at the Bharat Mobility Show in the Capital on January 17.

time-read
1 min  |
January 13, 2025
Financial Express Chandigarh

D2C space loses sheen as scaling-up challenges rise

● HUL's buyout talks with Minimalist highlight concerns

time-read
2 mins  |
January 13, 2025
Financial Express Chandigarh

VCs pour money into NBFCs for stable growth

VENTURE CAPITAL (VC) INVESTMENTS in the non-banking financial companies (NBFCs) surged in 2024, marking a notable pivot towards safer, proven business models with clear exit opportunities.

time-read
2 mins  |
January 13, 2025
Financial Express Chandigarh

India Raises Milk Export Problems With Nepal

INDIA HAS FLAGGED concerns over the problems faced by its milk exporters in Nepal, with the neighbouring country agreeing to explore the possibility of facilitating imports of specific products like whey and cheese, an official statement said on Sunday.

time-read
1 min  |
January 13, 2025
Financial Express Chandigarh

Coal Import Rises 2% to 182 MT in April-Nov

INDIA'S COAL IMPORT rose by 2% to 182.02 million tonne (MT) in the April-November period of the current fiscal year.

time-read
1 min  |
January 13, 2025
Financial Express Chandigarh

Bangladesh Expresses Concern Over Border Tension

BANGLADESH FOREIGN SECRETARY Md Jashim Uddin on Sunday expressed Bangladesh's \"deep concern\" over the recent border tensions during a meeting with Indian High Commissioner Pranay Verma at the foreign ministry here.

time-read
1 min  |
January 13, 2025
Financial Express Chandigarh

Trump 2.0, AI to Influence Global Trade: Experts

The potential for a renewed US-led trade war under President-elect Donald Trump, rising sustainability-driven barriers, China's overcapacity in key sectors, and rapid advancements in AI will significantly impact global trade in 2025, according to experts.

time-read
1 min  |
January 13, 2025
Financial Express Chandigarh

Govt to review Jan Dhan and other schemes

FINANCIAL SERVICES SECRETARY M Nagaraju is set to meet the heads of Public Sector Banks (PSBs) on Wednesday to assess the progress of key financial inclusion schemes.

time-read
1 min  |
January 13, 2025
Financial Express Chandigarh

Power firms may record strong earnings in Q3

Bright Future Ahead

time-read
2 mins  |
January 13, 2025
Financial Express Chandigarh

CII Proposes 10-Point Plan for Business Reforms

Ahead of the upcoming Budget, Confederation of Indian Industry (CII) on Sunday suggested a 10-point agenda to drive ease of doing business reforms, aimed at reducing compliance burden, simplifying regulatory frameworks, and improving transparency.

time-read
1 min  |
January 13, 2025
Financial Express Chandigarh

AIFs: Deep-tech startups need special window

The Alternative Investment funds (AIFs) financing startups under the government's Fund of Funds Scheme (FFS) have requested a special window or carve-out to support deep-tech startups.

time-read
1 min  |
January 13, 2025
Financial Express Chandigarh

Budget FY26 May Introduce Amnesty Scheme for Customs

IN A BID to reduce litigation, finance minister Nirmala Sitharaman in the upcoming Budget may announce an amnesty scheme for customs to foster ease of doing business.

time-read
1 min  |
January 13, 2025
Financial Express Chandigarh

Pan-India crop survey to go digital by FY26

● 436 districts used digital crop estimation in kharif 2024

time-read
2 mins  |
January 13, 2025
Financial Express Chandigarh

NFRA plans seven papers to strengthen audit standards

IN AN EFFORT to improve audit quality, the National Financial Reporting Authority (NFRA) is set to release a series of papers addressing critical areas of statutory audits.

time-read
1 min  |
January 13, 2025
Financial Express Chandigarh

Blinkit's 10-minute ambulance gamble: Can it beat the odds?

HIGH STAKES, HIGH REWARDS

time-read
2 mins  |
January 13, 2025
Financial Express Chandigarh

Italy's steelmaker gets offer from Jindal

ITALY'S LARGEST STEELMAKER, formerly known as Ilva, has received 10 purchase offers, according to its administrators.

time-read
1 min  |
January 12, 2025
Financial Express Chandigarh

Amazon Puts End to Inclusion Programmes

AMAZON.COM INC is halting some of its diversity and inclusion programmes, a move that coincides with activist pressure on US companies to abandon efforts to build a more diverse workforce.

time-read
1 min  |
January 12, 2025
Financial Express Chandigarh

US Sanctions Unlawful, Says Russian Atomic Energy Agency

RUSSIA'S STATE ATOMIC Energy Corporation Rosatom has said the Biden administration's sanctions against it were \"unlawful\" and being seen as a form of unfair competition from unfriendly countries.

time-read
1 min  |
January 12, 2025
Financial Express Chandigarh

Apple defies anti-diversity plans

● Meta CEO says its good to celebrate aggression more

time-read
2 mins  |
January 12, 2025
Financial Express Chandigarh

I Would Have Beaten Trump, Says Biden

OUTGOING US PRESIDENT Joe Biden said that he would have defeated Donald Trump in the November general elections.

time-read
1 min  |
January 12, 2025