Financial Express Chennai - February 10, 2025
Financial Express Chennai - 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
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
Govt Asks Retailers To Cut Prices As Mandi Rates Of Pulses Soften
A Relief Likely
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
Army Should Return to Its Constitutional Limits: Imran
JAILED FORMER PAKISTAN premier Imran Khan on Sunday penned an open letter to Army chief Gen Asim Munir in which he criticised the military's unlawful actions and its engagement in politics and urged it \"to return to its constitutional limits\".
1 min
NHIT targets ₹20K cr 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
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. With 'Startup Mahakumbh' around the corner, India aims to cement its position as a top-three global startup hub, says Accel's founding partner Prashanth Prakash in an interview with Ayani Bera. Excerpts:
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
Yotta to offer 15% discount on GPUs to match L1 offer
Firm top supplier among the bidders for IndiaAI mission
2 mins
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
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
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
Banks prefer cheaper Treps to call mkt
RESERVE BANK OF India (RBI) governor Sanjay Malhotra last week urged banks to use the inter-bank call money market instead of passively parking funds with the standard deposit facility (SDF) – a call also made by his predecessor Shaktikanta Das.
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.
2 mins
'Indian students need not worry about crackdown on immigrants'
One of the world's foremost academics, Michael M Crow has been the president of the Arizona State University (ASU) since 2002, and was a speaker at last week's ASU+GSV & Emeritus Summit in Gurugram
2 mins
A Sign of Strategic Priorities
MEA BUDGET REFLECTS GEOECONOMIC SHIFT, BUT INSTITUTIONAL CHALLENGES PERSIST
4 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
Financial Express Chennai Newspaper Description:
Publisher: The Indian Express Ltd.
Category: Newspaper
Language: English
Frequency: Daily
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