Financial Express Chennai - April 22, 2025
Financial Express Chennai - April 22, 2025
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In this issue
April 22, 2025
Modi, Vance Hail 'Significant Progress' on Trade Agreement
PRIME MINISTER NARENDRA Modi and US Vice-President JD Vance welcomed significant progress in talks for an early trade deal between the two countries, the Prime Minister's Office (PMO) said on Monday, as New Delhi rushes to avoid US tariffs and boost ties with Donald Trump's administration.
1 min
Core sector output grows 3.8% in March
Sequential trend shows mixed picture
2 mins
Natural gas import rises 13% in FY25
Increased Shipments
1 min
Direct benefit transfers fall 4%
Downward Trend
1 min
Initial trade pact with US to 'conclude positively' by autumn: Sitharaman
Finance Minister Nirmala Sitharaman on Monday said India hopes to 'conclude positively' the first tranche of the bilateral trade agreement (BTA) with the US by fall this year, signaling progress in talks aimed at lowering tariffs and expanding market access.
2 mins
e-NAM remains local, inter-state trade minimal
Mixed Situation
1 min
Gensol case: MCA to take action after examining Sebi order
Probe Underway
1 min
House panel to discuss CCI's role in digital landscape soon
PARLIAMENTARY STANDING COMMITTEE on Finance is scheduled to discuss the evolving role of the Competition Commission in the economy, particularly in the digital landscape on April 28.
1 min
Be enabler, not regulator: Modi tells bureaucrats
Working on policies for next 1,000 years: PM
1 min
AAP not to contest MCD polls
The AAM AADMI Party (AAP) Monday announced that it will not field candidates for the upcoming mayoral and standing committee elections in the Municipal Corporation of Delhi (MCD).
1 min
Deadline for select solar projects given 9-month extension
THE MINISTRY OF new and renewable energy (MNRE) has granted a nine-month extension for the commissioning of certain solar projects by two government agencies, pushing the deadline to the end of December 2025 due to multiple challenges, a document seen by Reuters showed.
1 min
SC: We are alleged of intruding on executive, Parliamentary functions
While hearing two separate petitions which sought the Supreme Court's directions to the Centre on Monday, Justice BR Gavai referred to the recent attacks on the judiciary, saying, \"as it is, we are alleged of intruding on Parliamentary and Executive functions\".
2 mins
Airtel Improves Anti-Spam Measures
BHARTI AIRTEL HAS added two enhancements to its artificial intelligence (AI) enabled anti-spam solution which it launched in September last year, the telco said on Monday.
1 min
Tata Power Renewable Ties Up With Tata Motors For Wind Solar Project
TATA MOTORS on Monday said it has inked a power purchase agreement with Tata Power Renewable Energy to co-develop a 131 MW wind-solar hybrid renewable energy project.
1 min
'New non-GM hybrid rice to be game changer'
Ecological and economic implications of transplanted rice production system in India remain an area of concern, says Malu Nachreiner, Asia Head at Bayer's crop science division.
1 min
Samsung Unveils India-Specific Features
APPLIANCES & CONSUMER Electronics major Samsung is introducing artificial intelligence-based commands for vernacular languages and India-specific features to drive growth in the highly competitive domestic appliances market, said executives of the South Korean company.
2 mins
Unacademy Reduces Cash Burn of Core Business to ₹200 Crore
EDTECH UNICORN UNACADEMY has reduced its cash burn in the core business to under ₹200 crore, down from over ₹1,000 crore three years ago, according to CEO Gaurav Munjal's post on social media platform X (formerly Twitter).
1 min
Velusamy to Head M&M Auto Biz
R Velusamy will assume the role of president of the automotive business (AB) at auto major Mahindra & Mahindra following a significant rejig in senior leadership positions across its various business verticals announced on Monday.
1 min
Adani pledges to invest $10 bn more for data centres in India
GAUTAM ADANI PLANS to invest an additional $10 billion to build data centres in India, people familiar with the matter said, as the billionaire looks to ride the boom in demand for artificial intelligence and business process-led services.
1 min
JSW Energy starts work on ₹16K-cr West Bengal plant
JSW ENERGY ON Monday said it has commenced construction of its 1,600 MW (2x800 MW) ultra supercritical thermal power plant in Salboni, West Bengal.
1 min
Apple Likely to Launch Stores in Noida, Pune
APPLE IS LIKELY to open its next stores in Noida's Mall of India and Pune's Kopa Mall as part of the second phase of its retail expansion in India, according to people in the know.
1 min
Telcos take on MMRCL over vendor fees
THE THREE PRIVATE telecom companies are embroiled in a dispute with the Mumbai Metro Rail Corporation Limited (MMRCL) over payments to Dubai-based ACES, a third-party vendor providing in-building solutions (IBS) for underground stations and associated tunnels on Mumbai Metro's Line 3.
1 min
Maha govt, Kinetic roll out 'Pink E-rickshaw'
The scheme will support 10,000 women in state
1 min
AIF INVESTMENTS TOP ₹5L CR TILL DEC; REALTY LEADS WITH ₹74K CR
REAL ESTATE ACCOUNTED for the largest share (15%) of net investments by AIF (alternative investment funds), with ₹73,903 crore invested in realty out of a total of ₹5.06 lakh crore across sectors in the first nine months of FY25.
1 min
Rupee jumps 23 paise to settle at 85.15
EXTENDING THE WINNING run to the fifth straight session, the rupee rose by 23 paise to settle at 85.15 against the US dollar on Monday, boosted by a sharp fall in the greenback in overseas markets and a rally in domestic stocks.
1 min
Sebi allows relatives in automated trading window framework
MARKETS REGULATOR SEBI on Monday extended its automated trading window closure mechanism to include immediate relatives of designated persons (DPs) in listed companies, ahead of the declaration of financial results.
1 min
Gold rate almost at ₹1L; silver in pursuit
Sizzling Run
2 mins
Nomura cuts Nifty March 2026 target; cites earnings risk
Limited Upside
1 min
HDFC Bank, Yes, ICICI Push Bank Nifty to All-Time High
Result Boost
2 mins
MFs cautious on raising bets on REITs & InvITs
Fund managers seek better returns before committing more investments
2 mins
Pope Francis, promoter of a compassionate church, dies
POPE FRANCIS, WHO encouraged Catholics to embrace a more compassionate view on many issues but found it difficult to close the book on past abuses by clergy, has died. He was 88.
2 mins
Economy may slow if key rates not cut: Trump
PRESIDENT DONALD TRUMP warned the US economy may slow if the Federal Reserve does not move to immediately reduce interest rates, in his latest broadside against Fed Chair Jerome Powell.
1 min
Saudi Aramco Signs Deal With EV Giant BYD
SAUDI OIL GIANT Aramco signed a joint development agreement with Chinese electric vehicle (EV) manufacturer BYD to explore collaboration in the development of new energy vehicle technologies, Aramco said on Monday.
1 min
Huawei readies new AI chip for mass shipment
HUAWEI TECHNOLOGIES PLANS to begin mass shipments of its advanced 910C artificial intelligence chip to Chinese customers as early as next month, two people familiar with the matter said.
1 min
Tesla slides as analyst warns of 'code red'
TESLA'S SHARES FELL on renewed questions over Elon Musk's role with the federal government and uncertainty over the company's plans to introduce a lower-cost electric vehicle.
1 min
Google Faces Trial in US Bid to End Search Monopoly
ALPHABET'S GOOGLE FACES a historic trial on Monday as US antitrust enforcers in Washington seek to force the tech giant to sell off its Chrome browser as part of a bid to restore competition to the market for online search engines.
1 min
China warns against trade ties with US at its expense
CHINA ON MONDAY accused Washington of abusing tariffs and warned countries against striking a broader economic deal with the United States at its expense, ratcheting up its rhetoric in a spiralling trade war between the world's two biggest economies.
1 min
Contours of US tariff shock
The US tariff shock has elicited much analysis and commentary.
4 mins
Destination India?
There are early signals of India getting a healthy share of foreign portfolio flows in the coming months
2 mins
Rupee could break out any moment
There appears to be a renewed interest among global investors in Indian equities, so it may be possible for the rupee to move even above 85
3 mins
Infosys Braces for Tough FY26
Discretionary spend pause set to weigh heavier than its peers
3 mins
Balanced growth across segments for ICICI Bank
Stays true to its core ethos: Fair to customer, fair to bank approach
1 min
In-line operational performance for HDFC AMC
HDFC AMC reported an operating profit of ₹710 crore for the quarter, which was largely in line with our estimate.
1 min
Ex-Fortis promoter moves NCLT for personal insolvency
FORMER FORTIS HEALTHCARE promoter Shivinder Mohan Singh has moved a plea before the National Company Law Tribunal for personal insolvency, stating that his liabilities far exceed his assets.
1 min
A Man of Many Seasons
AS ANDHRA PRADESH chief minister Nara Chandrababu Naidu turned 75, his journey bears a great resemblance to another 75-year-old—the Republic of India.
4 mins
Meta to use AI to determine if teens are pretending to be adults on Instagram
INSTAGRAM IS BEGINNING to test the use of artificial intelligence (AI) to determine if kids are lying about their ages on the app, parent company Meta Platforms said on Monday.
1 min
BCCI central contracts list: Rohit and Virat still A+; Shreyas, Kishan make comeback
THE BCCI on Monday retained megastars Rohit Sharma and Virat Kohli in the top bracket of its annual players contract list, less than 24 hours after they played sublime knocks to win IPL games for their respective franchises.
1 min
Air India looking to buy Boeing planes rejected by China
AIR INDIA IS looking to take Boeing planes rejected by Chinese carriers, people familiar with the matter said, joining the ranks of Asian Airlines vying to benefit from the trade war between Washington and Beijing.
2 mins
Financial Express Chennai Newspaper Description:
Publisher: The Indian Express Ltd.
Category: Newspaper
Language: English
Frequency: Daily
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