Financial Express Chandigarh - January 16, 2025Add to Favorites

Financial Express Chandigarh - January 16, 2025Add to Favorites

Go Unlimited with Magzter GOLD

Read Financial Express Chandigarh along with 9,000+ other magazines & newspapers with just one subscription  View catalog

1 Month $9.99

1 Year$99.99

$8/month

(OR)

Subscribe only to Financial Express Chandigarh

1 Year $15.99

Buy this issue $0.99

Gift Financial Express Chandigarh

7-Day No Questions Asked Refund7-Day No Questions
Asked Refund Policy

 ⓘ

Digital Subscription.Instant Access.

Digital Subscription
Instant Access

Verified Secure Payment

Verified Secure
Payment

In this issue

January 16, 2025

'FPOs doing well need support to scale up'

Diversified conglomerates ITC, one of the largest private procurers and processors of agricultural commodities in the country, purchases around 3 million tonne of grains, pulses, oilseeds and other commodities from farmers annually.

2 mins

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

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 public-private partnership to boost employment and productivity.

1 min

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

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

THE NEGOTIATIONS ON a free trade agreement (FTA) between India and the UK are expected to resume in early February, after months of pause due to the general election in the UK, a senior official said on Wednesday.

2 mins

Niti to evaluate Ujjwala Yojana & targeted subsidy

Assessing Burden

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

IN A FIRST, NAVY GETS 3 VESSELS SIMULTANEOUSLY

2 mins

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

Indigenous 'bullet train' projects may run into financing hurdles

While the work on an indigenous prototype of high-speed rolling stock has boosted hopes of \"Indian bullet trains\" hitting the tracks over the next few years, the proposed seven high-speed rail projects could face serious financing hurdles, officials said.

2 mins

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.

2 mins

Promoters Voting on Their Own Pay Despite Poor Investor Support

A review of 893 remuneration resolutions for promoters presented between 2023 and 2024 shows that only 10 resolutions were rejected over these 21 months.

1 min

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

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

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

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

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

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

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

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

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

Indices Gain for Second Day Amid Firm Global Cues

IN THE GREEN Sensex Intra-day, Jan 15 76,900.14 76,724.08 Open Close 0.29% Previous close 76,499.63 Nifty Intra-day, Jan 15 Previous close: 23,176.05 0.16% 23,250.45 23,213.20 Open Close

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

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

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

SEC Sues Elon Musk Over Twitter Stake Disclosure

The US Securities and Exchange Commission has sued billionaire Elon Musk, saying he failed to disclose his ownership of Twitter stock in a timely manner in early 2022, before buying the social media site.

1 min

A battle beyond caste

THE UPCOMING DELHI ELECTION WILL BE FOUGHT ON OTHER IDENTITIES AND THE BENEFICIARY QUESTION

4 mins

Elon Musk Won't Save TikTok

THE IDEA OF Elon Musk as a potential buyer for TikTok may seem like the craziest development yet in the saga of the US government's determination to ban the app.

3 mins

Putting the 'A' (accountability) in AI

When transparency, human collaboration, and data privacy form the core of AI systems, it can transform healthcare into a more compassionate ecosystem

3 mins

Let the rupee fall

What's important is the relative value of the currency vis-à-vis peer currencies and not its absolute value

2 mins

'Tackle local issues with local insights'

Advances in AI have surged over the past two years. But amid the hype lies a crucial question: how can businesses use AI systems to sift through large datasets and optimise energy usage, reducing waste as a result?

1 min

Helping startups scale up business

● Govt support can serve as a catalyst for growth

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

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

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

Curbs to be effective in 3 mths

2 mins

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

THE TRADE DEFICIT in December 2023 was $18.1 billion.

2 mins

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

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

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

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

Fighting BJP, RSS and the Indian State: Rahul

● BJP accuses him of attempts to break India

1 min

87% Indian job seekers use GenAI for résumés: Report

Surpass global average of 75%

1 min

Most Indian Firms See AI as Strategic Priority: Study

Surpass global average of 75%

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

Meta Apologises for CEO's Remark on India Elections

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

1 min

Read all stories from Financial Express Chandigarh

Financial Express Chandigarh 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.
The Financial Express is the best source of information on Business, Finance, Stock Markets, Equity market, Economy, companies and Industries.
Subascribe and stay updated with business & market latest news and analysis report of Financial Markets, Economy and Businesses.

  • cancel anytimeCancel Anytime [ No Commitments ]
  • digital onlyDigital Only