Financial Express Ahmedabad - January 18, 2025Add to Favorites

Financial Express Ahmedabad - January 18, 2025Add to Favorites

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In this issue

January 18, 2025

Unhappy new year for investors so far

RECORD ₹13.3L CR WIPED OUT IN FIRST 14 DAYS

1 min

Reducing Tax Disputes Can Unlock Revenues

The huge pile-up of income tax disputes is a serious concern.

1 min

FDI in auto sector to grow manifold: PM

FOREIGN DIRECT INVESTMENT (FDI) in India's auto sector will increase manifold in the coming years from $36 billion received in the last four years as efforts are underway to develop the entire ecosystem related to auto manufacturing domestically, Prime Minister Narendra Modi said on Friday.

2 mins

Cabinet Approves Refarming of 687 MHz Spectrum for 5G, 6G

COMMUNICATIONS MINISTER JYOTIRADITYA Scindia on Friday said the Cabinet has approved the refarming of 687 MHz of spectrum from various government ministries for the deployment of 5G and future 6G services.

1 min

Rupee depreciation hurting pharma sector as input costs rise

THE DEPRECIATING RUPEE is taking a toll on the pharma sector with an expected rise in the cost of imported raw materials.

1 min

Closely monitoring prices, says govt

Inflation in negative zone since July last year

2 mins

Crude import bill rises 4% in April-December

INDIA'S CRUDE IMPORT bill increased 3.7% during the first nine months of the current fiscal 2024-25 to $102.5 billion against $98.8 billion in the same period in FY24, data from the Petroleum Planning and Analysis Cell showed.

1 min

IMF, World Bank Peg India's FY25 Growth at 6.5%

The International Monetary Fund (IMF) has retained India's GDP growth forecast to 6.5% for the current financial year, which is \"in line with potential\".

1 min

Medical device makers hail ban on refurbished imports

MEDICAL DEVICE MANUFACTURERS have welcomed the drug regulatory authority's decision not to allow refurbished medical devices to enter the country, in a move to curtail the influx of such unregulated products.

1 min

Hyundai Rolls Out Mass-Market EV

HYUNDAI MOTOR INDIA, the country's second-largest carmaker, launched the Creta Electric on Friday at the Bharat Mobility Show at introductory prices at ₹17.99 lakh, ex-showroom, for the 42 kWh battery variant.

1 min

JSW looking at one more auto tie-up

More than a year after buying a stake in MG Motor India, JSW Group is keen to expand its presence and is ready to engage with another auto company for a tie-up.

1 min

BMW Launches India-made EV

INDIA'S SECOND-LARGEST LUXURY carmaker BMW launched the made-in-India X1 Long Wheelbase at the Auto Expo on Friday.

1 min

‘EV industry needs better cost structure’

After being in a near-monopolistic position in the EV space for a few years, Tata Motors is set to face heavy competition in 2025 with rivals like Maruti Suzuki, Hyundai, M&M and JSW MG Motor gearing up with launches.

1 min

Indian carmakers ready to take on Tesla: Jindal

HOWEVER, THE GUIDELINES are still to be finalised and Tesla is also yet to respond in the affirmative.

1 min

Carmakers look beyond electric

SCHEDULED FOR LAUNCH in FY26, the eVitara promises a range exceeding 500 km with two battery pack options - 49 kWh and 61 kWh.

1 min

Zomato invests ₹500 cr more in Blinkit for expansion

ZOMATO HAS INVESTED an additional ₹500 crore in its quick commerce arm Blinkit, according to regulatory filings with the Registrar of Companies (ROC).

1 min

TechM logs 21% fall in Q3 profit

TECH MAHINDRA on Friday logged a 21.36% sequential decline in its net profit due to a higher base reported in the previous quarter, that came from a one-time special income from sale of assets.

1 min

Infosys shares fall 6% on soft fourth quarter outlook

SHARES OF INFOSYS closed 5.77% lower at ₹1,815.10 on Friday, reflecting a sharp decline in its American Depository Receipts (ADRs) listed on the New York Stock Exchange.

1 min

Wipro beats estimates, raises revenue guidance

Headcount Falls By 1,157 Employees In Q3

2 mins

Aditya Birla jewellery arm aims to reach 100 stores in 3 years: CEO

THE AVERAGE VALUE of purchases at Indriya stores exceeds that of other new entrants in the Indian jewellery market, the company's chief executive officer Sandeep Kohli said.

1 min

Top Paytm Officials Pay ₹3.32 Cr to Settle Sebi Norms Violations

THE SECURITIES AND Exchange Board of India (Sebi) on Friday allowed eight former board members of Paytm's parent company One97 Communications to settle for non-disclosure of material information for ₹3.3 crore.

1 min

SBI Life Q3 profit jumps 71% to ₹551 cr

SBI LIFE INSURANCE, the country's largest private life insurer, on Friday posted a 71% year-on-year growth in third-quarter net profit at ₹551 crore led by healthy growth in fresh and renewal premiums.

1 min

ICICI Lombard Q3 net profit surges 68% to ₹724 crore

ICICI LOMBARD GENERAL Insurance on Friday posted a 68% year-on-year increase in its third-quarter net profit at ₹724 crore.

1 min

HSBC gets RBI nod to open 20 new branches

HSBC INDIA ON Friday said it has received approval from the Reserve Bank of India to open 20 new branches in key cities including Navi Mumbai, Lucknow, Mysuru, Nagpur and Nashik.

1 min

Jio Financial Q3 net profit remains flat at ₹295 crore

JIO FINANCIAL SERVICES on Friday reported a consolidated net profit of ₹295 crore for the quarter ended December 31, 2024, which was flat versus ₹294 crore posted in the year-ago period.

1 min

RIL's O2C segment set to bounce back in FY26

REFINING BOOST FOR SEGMENT GROWTH SEEN: ANALYSTS

2 mins

Axis Bank stock sinks 6% on weak Q3 show

Stocks hit 52-week low; brokerages slash price targets

2 mins

Retrospective on first year back

There's no shortage of downside risks for 2025, but don't expect supporters to turn on him

4 mins

Europe, Don't Bow to Trump on Tech

HE HASN'T TAKEN office yet, but the potent influence of President-elect Donald Trump may have already extended from Silicon Valley to Brussels.

3 mins

Bullet Train Ambitions

Plans for indigenous high-speed trains are laudable, but innovative financing models will be needed

2 mins

AI's rise: Progress, power, and ethical peril

Is AI shaping our future or stealing our humanity? This global race for AI supremacy risks sidelining the very essence of what makes us human

3 mins

Imran Khan gets 14-year jail term in graft case

A PAKISTANI COURT on Friday sentenced jailed former prime minister Imran Khan and his wife Bushra Bibi to 14 and seven years in prison respectively after finding them guilty of corruption in the 190 million pounds al-Qadir Trust case.

1 min

China Logs 5% Growth in '24

CHINA'S ECONOMY GREW 5% last year, matching the government's target, but in a lopsided fashion, with many people complaining of worsening living standards as Beijing struggles to transfer its industrial and export gains to consumers.

1 min

US Supreme Court Upholds Law That Would Ban TikTok

The justices ruled that the law did not violate USConstitution's First Amendment protection against government abridgment of free speech

1 min

Hamas to release first hostages on Sunday

ISRAELI CABINET RECOMMENDS GAZA CEASEFIRE DEAL

1 min

Harvest tax-free capital gains

BOOK LONG-TERM CAPITAL GAINS OF UP TO ₹1.25 LAKH BY MARCH 31

1 min

Will not attend Trump inaugural, says Nvidia CEO

NVIDIA'S CHIEF EXECUTIVE Jensen Huang said on Friday he will not be attending U.S. President-elect Donald Trump's inauguration, but will instead be \"on the road\" celebrating the Lunar New Year with employees and their families.

1 min

Review portfolio at every major life event

Your investment style should evolve as your circumstances change

1 min

Rajnath Calls For Stronger Offense And Defence

INDIA'S OFFENSIVE AND defensive responses need to be further strengthened in view of turmoil in the rules-based global order, defence minister Rajnath Singh has said.

1 min

Sisodia flags shoes, saris by BJP's Verma, says EC turning blind eye

SENIOR AAP LEADER and former Delhi deputy chief minister Manish Sisodia has alleged that the Election Commission is turning a blind eye to poll code violations ahead of the Assembly elections in Delhi early next month.

2 mins

Kejriwal opposes ED's request to adjourn plea against his bail

FORMER DELHI CHIEF minister and AAP convener Arvind Kejriwal on Friday \"vehemently\" opposed in the high court the ED's request to adjourn its plea on cancelling his bail in the Delhi excise policy case.

1 min

THULASIMATHI MURUGESAN'S PARENTS

Thulasimathi Murugesan, a Paralympics silver medalist shuttler, received the Arjuna award from the President of India. Her parents, Murugesan and Viji, were overcome with joy.

1 min

Coldplay fans flock to resale sites for tickets

POPULAR BRITISH ROCK band Coldplay will be performing at the DY Patil Stadium in Navi Mumbai on January 18, 19 and 21 and at Ahmedabad's Narendra Modi stadium on January 25 and 26.

1 min

Quad meet with India on the table day after Trump takes office

● Secy of State nominee Rubio had faulted Obama govt for neglecting India-US ties

2 mins

Read all stories from Financial Express Ahmedabad

Financial Express Ahmedabad Newspaper Description:

PublisherThe Indian Express Ltd.

CategoryNewspaper

LanguageEnglish

FrequencyDaily

The Financial Express brings the latest and breaking business news from Markets and Industries in India.
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