Biden to decide on takeover of US Steel
Financial Express Kochi|December 25, 2024
NIPPON STEEL'S PROPOSED $12.3 billion acquisition of US Steel moved a step closer to being blocked after a US national security panel deadlocked on its review and left the final decision with President Joe Biden, who has repeatedly indicated his opposition to the deal.
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Financial Express Kochi

Puri Sees Chances of Higher US Oil Imports

THE US is currently producing around 13 million barrels of oil per day and is likely to add 1.4 million-1.5 million barrels a day into production in the short run.

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2 dak  |
January 22, 2025
Financial Express Kochi

Rate-Cut Cycle Unlikely to Begin Soon Unless Liquidity Improves

The sluggish deposit growth poses a risk to achieving higher economic growth, says Rajiv Anand, deputy managing director, Axis Bank. In an interview with Sachin Kumar, Anand speaks of the challenges facing the banking sector, including declining credit growth, stress in unsecured loans and tight liquidity. Excerpts:

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2 dak  |
January 22, 2025
Financial Express Kochi

Consumer firms pitch for steps to shore up demand

COMPANIES IN THE fast-moving consumer goods (FMCG) and retail sectors are urging the Centre to stimulate consumption through tax slab revisions and demand-boosting measures in the FY26 Budget.

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1 min  |
January 22, 2025
Financial Express Kochi

India Must Be Wary: Experts

CO-FOUNDER OF GLOBAL Trade Research Initiative Ajay Srivastava said that when talks happen with the US regarding tariffs on goods, India must point out the trade in digital services and defence purchases for striking a balance in trade.

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2 dak  |
January 22, 2025
Financial Express Kochi

Empowering privacy, enforcing security

THE CENTRE SET up an expert committee under the chairmanship of Justice BN Srikrishna to prepare a white paper on data protection framework for India.

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2 dak  |
January 22, 2025
Financial Express Kochi

OpenAI CFO: Musk shouldn't use legal challenges to compete

OPENAI CHIEF FINANCIAL Officer (CFO) Sarah Friar characterized Elon Musk's legal challenge to stop the ChatGPT maker from becoming a for-profit company as competitive maneuvering.

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1 min  |
January 22, 2025
Financial Express Kochi

D2C snack brands make global forays

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2 dak  |
January 22, 2025
Financial Express Kochi

Mahindra eyes 30% EV portfolio by 2030

MAHINDRA & MAHINDRA aims to make more than a quarter of its portfolio electric by 2030 as India's number two automobile company by market value takes on local and global rivals bolstering their EV line-up in the fast growing segment.

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1 min  |
January 22, 2025
Financial Express Kochi

India's IT spending to rise by 11%: Gartner

WORLDWIDE IT SPENDING is projected to reach $5.61 trillion in 2025, reflecting a 9.8% increase from 2024, according to Gartner's latest forecast.

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2 dak  |
January 22, 2025
Financial Express Kochi

EU wants to bolster strategic India tie-up

India to enter new era in 2028, says Andhra CM Naidu INDIA WILL ENTER a new era of global leadership starting in 2028, Andhra Pradesh chief minister said on Tuesday at a CII session on the sidelines of the WEF meeting. \"From 2028, it is going to be the era of India. That is bound to happen. It will be the only country with a demographic dividend for another 20-25 years,\" he said. - PTI

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2 dak  |
January 22, 2025