Financial Express Ahmedabad - January 29, 2025
Financial Express Ahmedabad - January 29, 2025
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In this issue
January 29, 2025
Lower taxes & follow fiscal path to drive urban consumption, economists to govt
TO ARREST THE slowdown being witnessed in urban demand, the Centre should announce a slew of targeted measures in the upcoming Union Budget for FY26, economists said.
2 mins
Govt buys record 1.63 million tonne soyabean at MSP
With just a week left for the government's market intervention programme to conclude, the agencies—Hafed and NCCF—have purchased a record volume of 1.63 million tonne (MT) of soyabean across six states from farmers under the minimum support price (MSP) operations.
1 min
India, Oman to amend tax treaty, speed up trade pact
INDIA AND OMAN on Tuesday signed a protocol to amend the Double Taxation Avoidance Agreement (DTAA) between the two countries and agreed to expedite the talks for early signing of Comprehensive Economic Partnership Agreement (CEPA).
1 min
Centre asks states to submit demand for EV chargers
THE MINISTRY OF Heavy Industries (MHI) has reached out to state governments, requesting them to submit their demands for Electric Vehicle (EV) charging infrastructure under the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) scheme.
1 min
PM-JAY's free hospital care benefits cross ₹1.2 lakh cr
FREE HOSPITALISATION BENEFITS worth over ₹1.2 lakh crore have been provided to beneficiaries under the Pradhan Mantri Jan Arogya Yojana (PM-JAY) since the scheme was rolled out.
1 min
State of education report: Govt schools lead the way
The report points out that while almost all States (barring J&K and Nagaland) have shown a recovery in learning levels of Class 3 students when compared to 2022, the year children came back to school after the pandemic,
2 mins
Govt to invest ₹16k cr to develop critical minerals
In 2023, 30 minerals, including lithium, were identified as 'critical' for energy transition efforts and to meet growing demand from industries and infra sector
1 min
Panel formed to explore phasing out petrol, diesel vehicles
The Maharashtra government has formed a seven-member committee to explore the possibility of banning petrol and diesel vehicles in Mumbai Metropolitan Region and allowing only CNG and electric vehicles in view of the city's worsening air quality.
1 min
IOC sets capex target for FY26 at ₹33,000 cr
Expansion On Cards
2 mins
360 trains to Kumbh for Mauni Amavasya: Railways chief
INDIAN RAILWAYS WILL run 360 trains, including 190 special trains, across the nine stations in Prayagraj district Wednesday on the occasion of Mauni Amavasya, one of the main snan days at the Maha Kumbh.
1 min
TVS Q3 profit rises 4% to ₹618 cr
TVS MOTOR COMPANY on Tuesday reported a modest 4% year-on-year increase in standalone net profit at ₹618.48 crore for the December 2024 quarter.
1 min
VC fundraising muted at $2.8 bn in 2024
FUNDRAISING BY VENTURE capital firms remained muted in 2024, much like the year before that.
1 min
Bajaj profit up 3% to ₹2.1K cr
EXPORTS OUTSHINE DOMESTIC SALES
1 min
Zepto Moves Base to India Ahead of IPO
QUICK COMMERCE MAJOR Zepto has moved its base to India from Singapore ahead of its initial public offering (IPO), the company's co-founder and CEO Aadit Palicha said on Tuesday.
1 min
Hyundai Misses Estimates, Dec Qtr Profit Down 19%
LOWER SALES IN the domestic market as well as exports, saw Hyundai Motor India (HMIL) posting an 18.6% year-on-year decline in its net profit for the October-December quarter at ₹1,161 crore.
1 min
Honda plans e-mobike plant in 2028
Firm hopes for leadership position in electric segment
1 min
Sets Sights on 50% Share in Global Motorcycle Market
Honda Motor is looking to capture half of the world's market for motorcycles as industrywide sales of two-wheelers, both gas and electric, are tipped to reach 60 million units annually by 2030.
1 min
Starlink submits acceptance on key licence norms in India
FIRM SEEKS RELAXATION ON SOME CONDITIONS
2 mins
Financial Express Ahmedabad Newspaper Description:
Publisher: The Indian Express Ltd.
Category: Newspaper
Language: English
Frequency: Daily
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