Financial Express Ahmedabad - February 10, 2025
Financial Express Ahmedabad - February 10, 2025
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In this issue
February 10, 2025
CPSE dividend receipts reach 91% of FY25 target
The Centre's dividend receipts from Central Public Sector Enterprises (CPSEs) and other investments have reached ₹50,000 crore, accounting for 91% of the annual target so far in the current financial year.
1 min
Govt looking at procedural easing to promote FDI
THE GOVERNMENT IS looking at further easing of procedures in certain sectors to attract more foreign direct investments (FDI) into the country, a government official said.
1 min
Customs reforms to avert tax disputes like Volkswagen
The time frame for finalising provisional assessments by the customs department—introduced in the Budget for FY26—aims to provide greater certainty for businesses in taxation matters.
2 mins
Govt Asks Retailers To Cut Prices As Mandi Rates Of Pulses Soften
A Relief Likely
1 min
Projects worth ₹58,000 crore get support of agri-infra fund
SCHEME AIMS TO DISBURSE ₹1 LAKH CRORE BY THE END OF NEXT FISCAL
1 min
India's refined oil products demand to peak later than other economies
India's refined product demand is expected to peak later than in other major economies, positioning the country as a key driver of global energy consumption, according to S&P Global Commodity Insights.
2 mins
Swiss Voters Reject Emission Curbs
SWISS VOTERS REJECTED a set of rigid emission limits in a plebiscite, dismissing a call for more climate protection over fears that it would stymie the economy.
1 min
Can't confirm Trump-Putin call: Kremlin
THE KREMLIN ON Sunday declined to confirm or deny that Russian President Vladimir Putin had spoken with President Donald Trump, after the New York Post cited the US leader saying they'd discussed the war in Ukraine on a phone call.
1 min
Namibia's 'founding father' Sam Nujoma dies aged 95
SAM NUJOMA, THE activist and guerrilla leader who became Namibia's first democratically elected president after it won its independence from apartheid South Africa, died aged 95 on Saturday, the Namibian Presidency said on Sunday.
1 min
Kim Jong reiterates nuclear forces development policy
KIM JONG UN reiterated North Korea's policy of developing its nuclear forces, saying he would bolster deterrence, as the nation marked the anniversary of the Korean People's Army.
1 min
Israel withdraws troops from key Gaza corridor
As Part Of Ceasefire
1 min
We expect 70-100 IPOs this year
The Indian startup ecosystem is gearing up for a strong year, with increased IPOs, funding recovery, and greater government support.
1 min
Agritech startup Arya.ag aims for ₹100-crore profit by FY26
AGRITECH STARTUP ARYA.AG, which secured $30 million in debt financing last month aims to be IPO ready by FY27.
1 min
10-Minute Food Delivery May Not Be Viable: Experts
THE 10-MINUTE INSTANT food delivery segment, led by Zepto Cafe, Swiggy's Snacc, Blinkit's Bistro and emerging startups like Swish and Zing is the latest trend in the startup ecosystem.
2 mins
Workforce demand pushes startups for more training centres
SKILLING MOVE
1 min
Yotta to offer 15% discount on GPUs to match L1 offer
Firm top supplier among the bidders for IndiaAI mission
2 mins
NHIT targets ₹20K crore in biggest fundraise
The EPFO's Central Board of Trustees (CBT) in November had approved guidelines to invest in the public sector-sponsored infrastructure investment trust (InvIT) and real estate investment trust (ReIT).
1 min
Mid-premium home demand set to rise
THE SALES OF mid-premium residential properties (priced between ₹1-2 crore) are expected to get a leg up with the Union Budget proposals.
2 mins
FPIs Withdraw ₹7,300 Cr From Equities in Feb
THE EXODUS OF Foreign Portfolio Investors (FPIs) from the Indian equity markets continued unabated, as they withdrew over ₹7,300 crore in the first week of this month due to global trade tensions, with the US imposing tariffs on countries such as Canada, Mexico, and China.
1 min
Banks prefer cheaper Treps to call mkt
REGULATOR NUDGES BANKS TO TRADE AMONG THEMSELVES
2 mins
Trump muddies the trade waters again
JUST WHEN THE global markets were coming to terms with Trump's disruptive trade policies, the US President announced his plan to impose reciprocal tariffs on countries, instead of a blanket tariff. This has further muddied the trade waters and increased volatility in markets.
2 mins
SBI aims to better CASA ratio to 40% to lower funding cost, says chairman
STATE BANK OF India (SBI) aims to bring back its current account-savings account (CASA) ratio to 40%, which will reduce costs and protect its net interest margins, chairman CS Setty said during an analyst call.
2 mins
Fragile ceasefire in Gaza
Multi-phase deal threatened by US President's plans to 'take over' the Strip after fighting is over
2 mins
Citi just became a magnet for ambitious working moms
A couple of weeks after Jane Fraser had her first child, she made partner at McKinsey & Co. She wanted some balance in her life, so the future Citigroup CEO decided to work part-time—an arrangement she maintained until she departed the consultancy for Citi in 2004.
3 mins
India and AI: The illusion of inclusion
As global powers jockey for AI dominance, India, the co-chair of the Paris summit, must urgently reassess its role as one of consumer rather than a contributor
3 mins
Watch, shop, repeat
COMBINING REACH AND RELEVANCE
3 mins
An EV in the middle of nowhere
AS I STARTED to drive the Creta Electric from Ahmedabad towards Rann of Kutch, something striking caught my eye—the meter showed 431 km range at 92% charge.
3 mins
Supercharging ads
Meta is expanding its AI toolkit to help optimise campaigns
2 mins
31 Maoists killed in Chhattisgarh encounter
AT LEAST 31 Maoists, including 11 women, and two security personnel were killed in an encounter on Sunday at Indravati National Park in Chhattisgarh's Bijapur district.
1 min
Biren Singh quits as Manipur CM
Twenty-one months after ethnic violence erupted in Manipur, which remains on the edge, Chief Minister N Biren Singh tendered his resignation Sunday evening, ahead of the start of the Assembly session Monday.
1 min
V2Retail's value fashion play
THE RETAILER IS FOCUSED ON THE ₹300 - ₹500 RANGE
3 mins
Trump's AI Plan, China's DeepSeek Overshadow AI Summit in Paris
THE GEOPOLITICS OF artificial intelligence (AI) will be in focus at a major summit in France where world leaders, executives, and experts will hammer out pledges on guiding the development of the rapidly advancing technology.
1 min
Financial Express Ahmedabad Newspaper Description:
Publisher: The Indian Express Ltd.
Category: Newspaper
Language: English
Frequency: Daily
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