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Financial Express Hyderabad

Households spend marginally more on food items in 2023-24

CONSEQUENTLY, THE SHARE of non-food items in rural areas, MPCE has declined to 52.96% in 2023-24 from 53.62% in 2022-23; and in urban areas to 60.32% from 60.83%.

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3 mins  |
December 28, 2024
Financial Express Hyderabad

JSW Energy to acquire O2 Power for ₹12,468 cr

JSW NEO ENERGY, a wholly owned subsidiary of JSW Energy, on Friday signed a definitive agreement to acquire 4.7 gigawatt (GW) from O2 Power for a total enterprise value of ₹12,468 crore.

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2 mins  |
December 28, 2024
Financial Express Hyderabad

Aiming to make Air India profitable: Campbell Wilson

AFTER UNDERGOING A series of changes over the past three years following its takeover by the Tata Group, Air India is targeting to become operationally profitable in the coming period, a top company official said on Friday.

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1 min  |
December 28, 2024
Financial Express Hyderabad

Wistron to invest $20 million in new factory line in Karnataka

APPLE IPHONE SUPPLIER Wistron has approved an initial investment of $20 million in one of its subsidiaries to construct a new factory line in Karnataka, laying the foundation to support its upcoming laptop manufacturing plant in India.

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1 min  |
December 28, 2024
Financial Express Hyderabad

A Creditable 1st Innings as PM, a Tougher 2nd Term

UPA-II witnessed multiple allegations of corruption towards end of tenure

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2 mins  |
December 28, 2024
Financial Express Hyderabad

Manmohan Singh as an economic reformer

As Finance Minister first and later as the Prime Minister, Dr Manmohan Singh has done immense service to the country.

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2 mins  |
December 28, 2024
Financial Express Hyderabad

History Will Remember Him With Gratitude

DR MANMOHAN SINGH will be remembered not kindly but with gratitude by history.

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2 mins  |
December 28, 2024
Financial Express Hyderabad

A reformer who punched above his political weight

● His vision of economic trajectory has been clear, and his actions purposeful and unrelenting

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2 mins  |
December 28, 2024
Financial Express Hyderabad

26/11 plotter Makki dies

ABDUL RAHMAN MAKKI, brother-in-law of 26/11 Mumbai attack mastermind Hafiz Saeed and deputy chief of Lashkar-e-Taiba front Jamaat-ud-Dawa (JuD), died of a heart attack in Lahore on Friday.

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1 min  |
December 28, 2024
Financial Express Hyderabad

PM CARES Fund receives ₹912 cr as donation in FY23

CLOSING BALANCE IN THE FUND STOOD AT ₹6,284 CR

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2 mins  |
December 28, 2024
Financial Express Hyderabad

ED officer on the run with cash-laden car: CBI on hunt

An Enforcement Directorate (ED) officer posted in Shimla is on the run as the CBI conducted searches at locations linked to him and recovered a large amount of money, including ₹54 lakh that he had allegedly accepted as a bribe, CBI officials said.

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1 min  |
December 28, 2024
Financial Express Hyderabad

Govt to purchase soyabean at MSP

MANDI PRICES FOR soyabean, a key kharif oilseed crop, remain below the minimum support price (MSP) due to a robust harvest, even as government agencies have procured about one million tonnes of the oilseed under the price support scheme (PSS) in six key growing states since October.

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1 min  |
December 28, 2024
Financial Express Hyderabad

At $644 bn, forex reserves drop to over 7-month low

THE COUNTRY'S FOREX reserves fell for a third consecutive week and stood at a more-than-seven-month low to $644.391 billion for the week ended December 20, the RBI said on Friday.

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1 min  |
December 28, 2024
Financial Express Hyderabad

CAD shrinks to 1.2% in Q2 on high service exports

Deficit may widen to 2.5-2.7% in Q3, say experts

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2 mins  |
December 28, 2024
Financial Express Hyderabad

DDF strengthens its Senior Management Team

DF has further strengthened its senior management team with the appointment of eight senior executives across major departments in recent months.

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2 mins  |
December 27, 2024
Financial Express Hyderabad

Demerit act by Kohli on Konstas' striking debut

● Indian fined 20% fee for shoulder barge with teenager

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3 mins  |
December 27, 2024
Financial Express Hyderabad

Long years of inward-looking policies by govts to blame

IN THE THIRD week of October, the International Monetary Fund said in a blog post: \"Let's start with the good news: it looks like the global battle against inflation has largely been won, even if price pressures persist in some countries.\"

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4 mins  |
December 27, 2024
Financial Express Hyderabad

China Clears World's Largest Dam in Tibet Near India Border

CHINA HAS APPROVED construction of the world's largest dam, stated to be the biggest infra project costing $137 billion, on the Brahmaputra river in Tibet close to the Indian border, raising concerns in riparian states India and Bangladesh.

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1 min  |
December 27, 2024
Financial Express Hyderabad

Dhindsa: Talk less, deliver more

IT IS SUCH attention to detail that's helping Blinkit leave the competition behind by a mile.

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2 mins  |
December 27, 2024
Financial Express Hyderabad

A weak rupee may jack up import bills

\"THE COST OF imports of oil & gas will increase with a weakening rupee. However, with the decline in oil prices to $70-75 per barrel now, the impact of weakening rupee would be offset,\" said Girishkumar Kadam, senior vice-president & group head - corporate ratings, at Icra. He added that the oil import bill is likely to be lower in FY25 against FY24 in rupee terms. India's net oil and gas import bill stood at $89 billion in April-November of FY25, against $79.6 billion a year ago. In FY24, the net oil and gas imports had touched $121.9 billion.

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3 mins  |
December 27, 2024
Financial Express Hyderabad

Skilled jobs can power urban development

Panellists discussed how cities can boost employability and create enablers for migrant workers to remain invested at the Lucknow edition of IE Thinc: CITIES series, presented by The Indian Express with Omidyar Network India. The session was moderated by Udit Misra, Associate Editor

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3 mins  |
December 27, 2024
Financial Express Hyderabad

In a first, EatSure launches multi-restaurant ordering

EATSURE, THE D2C platform of online restaurant company Rebel Foods, on Thursday announced the launch of a new feature allowing users to order from multiple restaurants in one order.

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1 min  |
December 27, 2024
Financial Express Hyderabad

Former PM Manmohan Singh passes away

Former Prime Minister Manmohan Singh passed away.

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2 mins  |
December 27, 2024
Financial Express Hyderabad

World Looks At India For Youth Power: PM On Veer Bal Diwas

Highlighting how youth energy has played a significant role in the country's progress, Prime Minister Narendra Modi said on Thursday that the world looks at India with hope and expectation because of its youth power, which is driving new revolutions.

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1 min  |
December 27, 2024
Financial Express Hyderabad

Mahatma's legacy under threat from those in power in Delhi, says Sonia

ASSERTING THAT MAHATMA Gandhi has been and will continue to be the fundamental source of inspiration, Congress Parliamentary Party (CPP) chief Sonia Gandhi on Thursday said his legacy is under threat from those in power in Delhi and the ideologies and institutions that have nurtured them.

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1 min  |
December 27, 2024
Financial Express Hyderabad

AAP-Cong rift boils over as election nears

WITH ASSEMBLY ELECTIONS in Delhi just a month away, the war of words between the AAP and the Congress, two key constituents of the Opposition INDIA bloc, intensified on Thursday, putting others in the grouping in a quandary.

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1 min  |
December 27, 2024
Financial Express Hyderabad

Speed is of the essence

Service providers must amp up reach to expand market

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3 mins  |
December 27, 2024
Financial Express Hyderabad

Corruption vs capability in PLA

ILLUSION OF STRENGTH PARTLY EXPLAINS XI JINPING'S CAUTIOUS APPROACH TO REGIONAL DISPUTES

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4 mins  |
December 27, 2024
Financial Express Hyderabad

Transforming agricultural research

The plateauing of gains from Green Revolution necessitates the adoption of adaptive and market responsive strategies

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3 mins  |
December 27, 2024
Financial Express Hyderabad

Resilience or stress?

Employment in informal manufacturing enterprises is not back to pre-demonetisation levels

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2 mins  |
December 27, 2024