Biren concludes 2024 with an apology: 'I want to say sorry'
Financial Express Kolkata|January 01, 2025
● Says we have to start a new life, a peaceful Manipur
JIMMY LEIVON & SUKRITA BARUAH Imphal, Guwahati, December 31

ON THE LAST day of the year, Manipur chief minister N Biren Singh expressed "regret" and "apologised" for the ethnic strife that has gripped his state since May 3, 2023, leaving at least 258 dead and thousands homeless. "This entire year has been very unfortunate. I feel regret and I want to say sorry to the people of the state for what's happening till today since last May 3," he said while addressing a press conference.

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Financial Express Kolkata

A $24-billion fund puts its religious stamp on corporate America

JIM LAKE, a devout Christian in Washington state, said his religious beliefs have always made him opposed to practices such as abortion, transgender transitions, or embryonic stem cell research.

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3 dak  |
January 04, 2025
Financial Express Kolkata

Biden blocks US Steel takeover bid by Nippon

PRESIDENT JOE BIDEN has blocked the $14.1-billion sale of United States Steel to Nippon Steel, killing a high-profile deal that sparked a political firestorm and tensions between the US and Japan.

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1 min  |
January 04, 2025
Financial Express Kolkata

Boeing Still Needs Culture Change: FAA

A year after a panel blew out of a Boeing 737 Max during flight, the nation's top aviation regulator says the company needs \"a fundamental cultural shift\" to put safety and quality above profits.

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1 min  |
January 04, 2025
Financial Express Kolkata

US car sales get boost

South Korea's Hyundai Motor Co and affiliate Kia Corp aim to grow their combined global sales by 2% to 7.39 million vehicles in 2025, after reporting a dip in 2024 sales and missing their targets.

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1 min  |
January 04, 2025
Financial Express Kolkata

China's central bank likely to cut rates this year

POLITBURO LAST MONTH EASED THE NATION'S MONETARY POLICY STANCE FOR THE FIRST TIME IN 14 YEARS

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2 dak  |
January 04, 2025
Financial Express Kolkata

Forex reserves drop to eight-month low

The reserves fell by $4.1 bn in the week ended Dec 27, after falling by a cumulative $13.7 bn in the prior three weeks

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1 min  |
January 04, 2025
Financial Express Kolkata

Kotak Bank's Nagnur Steps Down as COO, CTO

KOTAK MAHINDRA BANK'S chief operating officer (COO) and chief technology officer (CTO) Milind Nagnur has stepped down due to personal reasons, the bank said in an exchange filing on Friday.

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1 min  |
January 04, 2025
Financial Express Kolkata

Weakening Rupee Will Benefit Export-Oriented Firms: Mobius

While a weakening rupee is a dampener for foreign investment inflows into India, export-oriented companies could benefit from the fall in the local currency, as they become more competitive against China, Mark Mobius, chairman of Mobius Emerging Opportunities Fund, said on Friday.

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1 min  |
January 04, 2025
Financial Express Kolkata

Banks post strong growth in advances, deposits in Q3

STARTING THE NEW year on a positive note, Bank of Baroda, Bank of India, Yes Bank, and IDFC First Bank reported strong growth in advances and deposits in Q3.

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2 dak  |
January 04, 2025
Financial Express Kolkata

JM Fin gets Sebi warning over lapses; stock falls

The Securities and Exchange Board of India (Sebi) has issued JM Financial an administrative warning over regulatory non-compliance during the initial public offering (IPO) of its client, Western Carrier (India).

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1 min  |
January 04, 2025