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January 16, 2025

Niti to evaluate Ujjwala Yojana & targeted subsidy

Assessing Burden

1 min

All Universities To Have Career Counselling Units: Minister

UNION LABOUR MINISTER Mansukh Mandaviya said on Wednesday that career counselling centres would be set up in every university across the country under a public-private partnership to boost employment and productivity.

1 min

DPIIT & ITC Join Hands to Help Manufacturing Sector Startups

The Department for Promotion of Industry and Internal Trade (DPIIT) has entered into a partnership with cigarettes-to-consumer goods conglomerate ITC to help startups in the manufacturing sector, according to a statement.

1 min

Next round of India-UK FTA talks to start in Feb

TRADE BOOSTER

2 mins

Fivefold growth in green investments likely: Crisil

INDIA IS EXPECTED to see a fivefold growth in the investments to the green energy sector to ₹31 lakh crore between 2025 and 2030, according to Crisil.

1 min

India's Largest Market for Flying Taxis, Says Sarla Aviation CEO

ELECTRIC FLYING TAXI startup Sarla Aviation, which plans to launch services in India in 2028, will initially fly between airports and commercial hubs such as IT parks in Bengaluru, one of the world's most congested cities.

1 min

Pixxel, Digantara Launch Satellites

Boost to Space Sector

1 min

Mandi Prices of Soyabean Below MSP

DESPITE THE GOVERNMENT purchasing a record 1.3 million tonne (MT) of soyabean from farmers in key producing states at the minimum support price (MSP), its mandi prices continue to rule below the benchmark.

1 min

India to play key role in global security: PM

AS THREE FRONTLINE vessels were commissioned together into the Indian Navy, a historic first for the country, Prime Minister Narendra Modi said on Wednesday that India is going to play a major role in giving direction to global security, economics and geopolitical dynamics.

1 min

Apparel retail may expect recovery in H2

THE APPAREL RETAIL sector in India is likely to show signs of recovery in the second half of FY25 due to improved consumer finances and a higher number of wedding days, India Ratings and Research (Ind-Ra) said on Wednesday.

1 min

ShareChat to trim workforce by 5%

SHARECHAT, A SHORT video platform owned by Bengaluru-based Mohalla Tech, is planning to trim its workforce by 5% later this month following its annual performance review.

1 min

'AI, GenAI to fuel IT industry recovery in FY26'

With clients reducing discretionary spends on a challenging macroeconomic environment and Donald Trump 2.0 steering higher charges for H-1B visa, the IT services industry is facing headwinds.

1 min

LTTS expects hiring decline in coming years on automation

Revenue up 3% in Q3, logs highest-ever deal booking TCV

1 min

Hero to rev up brand strategy

PUSHES FOR REDUCTION IN GST ON 125-CC BIKES TO 18%

2 mins

Eka Mobility plans ₹2,000-cr investment

PUNE-BASED ELECTRIC BUS maker Eka Mobility will launch 6-7 electric commercial vehicles over the next 18 months and expand production capacity at an investment of ₹2,000 crore.

1 min

Ensuing liquidity boost pushes major funds to ramp up positions

MAJOR FIXED-INCOME FUNDS are ramping up positions as they prepare for the Reserve Bank of India to start easing monetary policy this year.

1 min

Sundaram Alternates raises ₹1,000 cr for realty fund

SUNDARAM ALTERNATES, PART of Sundaram Finance, on Wednesday said it has made the first close of ₹1,000 crore for its real estate fund.

1 min

Indices Gain for Second Day Amid Firm Global Cues

THE BENCHMARK INDICES inched higher on Wednesday, led by energy and information technology stocks, although worries over slowing earnings and caution ahead of key US inflation data capped gains.

1 min

Rupee logs biggest single-day gain in over seven months

AFTER FALLING FOR the past five trading sessions, the rupee on Wednesday recovered 28 paise, or 0.33%, against the dollar, marking its biggest gain in over seven months, helped by a weaker dollar and a lower-than-expected trade deficit number.

2 mins

HDFC Life Q3 profit climbs 15%

HDFC LIFE INSURANCE on Wednesday reported a 15% year-on-year rise in its standalone net profit for the third quarter at ₹414.94 crore.

1 min

NPAs of SFBs to rise in FY25: Icra

RATING AGENCY ICRA on Wednesday said small finance banks (SFBs) will see an uptick in delinquencies in FY25, and the asset growth will slow down to 18-20%.

1 min

Jio Finance in talks with lenders for maiden debt sale

JIO FINANCE, A shadow lender owned by Asia's richest businessman Mukesh Ambani, is in talks with several lenders to make its first foray into the local currency debt market, according to people familiar with the matter.

1 min

Govt May Announce Old Tax Regime Phase-Out

According to the Central Board of Direct Taxes, 28% of taxpayers opted for the old tax regime in the assessment year 2024-25

2 mins

In letter to countrymen, Biden says 'soul of America' at stake

COMING OUT OF the worst pandemic in a century and the worst economic crisis since the Great Depression, the United States in four years under Joe Biden's leadership has emerged stronger, more prosperous, and more secure, the outgoing US President said in a letter Wednesday.

1 min

Goldman Sachs profit soars on trading boost

GOLDMAN SACHS POSTED its biggest profit since the third quarter of 2021 to beat Wall Street expectations, driven by bankers who brought in more fees from dealmaking, debt sales and strength in trading.

1 min

UK inflation cools to 2.5%, misses estimate

INFLATION IN THE UK unexpectedly fell in December, a move that will likely fuel pressure on the Bank of England to cut interest rates again next month.

1 min

S Korea in peril after prez's arrest

FACES MOUNTING THREATS FROM NORTH KOREA

1 min

Helping startups scale up business

Govt support can serve as a catalyst for growth

2 mins

Swiggy, Zomato may cut back on food discounts

BY GROUPING ORDERS for longer routes and offering discounts tied to cart value and distance, they aim to maximise the revenue per delivery partner ride.

1 min

PM Wani revival: Trai calls for cap on high internet costs by telcos

The Telecom Regulatory Authority of India (Trai) on Wednesday proposed that the broadband tariff charged by telcos to public data office (PDO) under the PM-Wani scheme shall not exceed twice the tariff applicable for retail broadband FTTH (fiber-to-the-home) services for the corresponding capacity.

1 min

Joint efforts of startups, legacy players and academia key drivers of success

INDIA IS THE third-largest startup ecosystem in the world with 160,000 registered startups creating over 1.6 million employment opportunities.

3 mins

Trade deficit at $21.9 bn; exports fall 1% in Dec

THE TRADE DEFICIT in December 2023 was $18.1 billion.

2 mins

CEA Among Candidates for Post of RBI Dy Guv

Patra was in charge of the crucial monetary policy department; on Tuesday, deputy governor M Rajeshwar Rao was given the temporary charge of the department.

1 min

No near-term impact seen on India of US AI chip restrictions

THE RECENT ANNOUNCEMENT by the US government to impose restrictions on exports of AI chips, is not expected to impact India in the short-term given the current demand levels and capacity requirements by the country is less, tech experts and officials said.

2 mins

Fighting BJP, RSS and the Indian State: Rahul

BJP accuses him of attempts to break India

1 min

US sanctions on Russian oil tankers to hit imports; Trump's stance key

THE SWEEPING US sanctions targeting Russia's oil trade announced on January 10, with as many as 183 tankers being placed under sanctions, could hit India's imports of cheaper Russian oil.

1 min

Atishi 'running around like a hirni': Bidhuri

RAMESH BIDHURI, the BJP candidate in Kalkaji for the upcoming Delhi Assembly polls, stirred up controversy again on Wednesday with a comment about his contender and Delhi CM Atishi.

1 min

Pannun Plot: Panel Seeks Legal Steps Against 'Individual'

A high-powered panel set up by the Union government to examine inputs provided by the US on an alleged plot to kill Khalistan separatist Gurpatwant Singh Pannun has submitted its report and recommended \"legal action against an individual,\" the Ministry of Home Affairs (MHA) said on Wednesday.

1 min

AI to power 40% of utility control rooms, says Gartner

BY 2027, 40% of control rooms in the power and utilities sector will deploy AI-driven operators, according to Gartner.

1 min

Meta warns CCI ruling may force rollback of features

META MAY HAVE to \"roll back or pause\" some features in India due to an antitrust directive which banned its WhatsApp messaging service from sharing user data with Meta for advertising purposes, according to a court filing by the US company seen by Reuters.

1 min

Pichai joins Nadella in London cricket team bid

ALPHABET CHIEF EXECUTIVE officer Sundar Pichai is joining Silicon Valley executives bidding for a London-based cricket team, according to people familiar with the matter.

1 min

87% Indian Job Seekers Use GenAI for Résumés: Report

IN A RAPIDLY evolving job market, Indian professionals are embracing innovative tools to stand out.

1 min

Meta Apologizes for CEO's Remark on India Elections

META INDIA ON Wednesday apologized for CEO Mark Zuckerberg's recent remarks that the incumbent government lost power in the 2024 elections.

1 min

Most Indian Firms See AI as Strategic Priority: Study

Surpass global average of 75%

1 min

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Financial Express Chennai Newspaper Description:

Editor: The Indian Express Ltd.

Categoría: Newspaper

Idioma: English

Frecuencia: Daily

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