Financial Express Delhi - April 13, 2025
Financial Express Delhi - April 13, 2025
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In this issue
April 13, 2025
Prada Clan Succession Plan Bolstered by Versace Deal
For decades, the fiercely independent Prada chairman Patrizio Bertelli talked about the need for Italian fashion houses to acquire size and scale to take on sprawling industry behemoths like LVMH and Kering and also avoid being gobbled up by them.
2 mins
Kia, Skoda Ride on Compact SUV Boom
HARDEEP SINGH BRAR, senior vice president and head of sales & marketing at Kia India, expressed satisfaction with the model's reception.
1 min
IOB Reduces Repo-Linked Lending Rate by 25 bps
PUBLIC SECTOR INDIAN Overseas Bank has reduced the repo-linked lending rate of the bank by 25 bps with immediate effect, the bank said on Saturday.
1 min
National Herald case: ED issues notice to seize ₹661-cr assets
THE ENFORCEMENT DIRECTORATE Saturday said it has served notices to take possession of immovable assets worth ₹661 crore that it had attached as part of a money laundering probe linked to Congress-controlled National Herald newspaper and the Associated Journals Limited (AJL).
1 min
Bank of India reduces rates on short and medium-term FDs
BANK OF INDIA (BoI) has withdrawn its special fixed deposit scheme for 400 days, where the interest rate was at a maximum of 7.3%, and has reduced interest rates on its short-term and medium-term fixed deposits for select tenors with effect from April 15.
1 min
Top 7 cities see 4-8% rise in office rent in 2024
The rent for office spaces in India's seven major cities rose 4–8% annually in 2024, while the eight big overseas markets saw a mixed trend in rental growth, according to Vestian.
1 min
More than 450 flights delayed at Delhi airport
MORE THAN 450 flights were delayed at the Delhi airport on Saturday due to traffic congestion.
1 min
Hiring Outlook Positive, 45% Firms to Hire in FY26
THE HIRING OUTLOOK for this financial year remained positive as 45% of employers interviewed said they plan to hire for new permanent positions, a report said on Saturday.
1 min
UPI Faces Outage Again, Transactions Impacted
UPI users across the country experienced transaction failures on Saturday as the popular payment system was down due to a technical glitch.
1 min
Power body approves 6 hydro projects in 2025
TECHNO-ECONOMIC CLEARANCE body Central Electricity Authority (CEA) has concurred six hydro-pumped storage projects of about 7.5 GW in record time during 2024-25, the power ministry said on Saturday.
2 mins
My aim is to create a conversation between Indian, British cuisines
Michelin-starred London restaurant Benares is teaming up with Indian Accent for a special pop-up in Delhi and Mumbai.
2 mins
Sound, only for you
New research offering bendable sound waves that can reach only one set of ears could be the next tech revolution
4 mins
Tectonic shifts
Quakes are becoming more frequent the world over. Japan has even forecast a megaquake in the coming years
3 mins
Absent leaders in chaotic times
IT IS IN times of chaos and turmoil that leaders most need to lead. The world has been thrown into chaos, turmoil and grim uncertainty since Donald Trump announced his tariffs and India is vulnerable, but our leaders are behaving as if all is well.
3 mins
An Advance in Brain Research Once Considered Impossible
Scientists achieved 'a milestone' by charting activity and structure of a cubic mm of a mouse brain. Next could be mapping an entire brain
4 mins
Climate Change Primes Storms to Drop More Rain
With rising temperatures, the atmosphere can hold more moisture, meaning precipitation has a tendency to fall at more extreme levels
2 mins
UK Passes Bill to Rescue Troubled British Steel
UK MEMBERS OF Parliament passed a bill that would give ministers control over Jingye Group's British Steel, as Keir Starmer's Labour government fights to preserve Britain's last virgin steelmaker.
1 min
Funding Shows Renewed Interest From Big Tech in AI
Alphabet and Nvidia have joined prominent venture capital investors to back Safe Superintelligence (SSI), a startup co-founded by OpenAI's former chief scientist Ilya Sutskever that has quickly risen to become one of the most valuable artificial intelligence startups months after its launch, a source said.
1 min
Lilly's Zepbound Keeps Weight Off for Three Years, Finds Study
Eli Lilly & Co's obesity shot Zepbound tend to keep the weight off for at least three years, with most regaining 5% or less of the pounds they shed.
1 min
Tariffs Could Shrink Global Trade by 3%
UN economist says could cause economic shifts
2 mins
Financial Express Delhi Newspaper Description:
Publisher: The Indian Express Ltd.
Category: Newspaper
Language: English
Frequency: Daily
Financial Express Delhi delivers the latest business news, market trends, and economic insights straight from India’s capital, Delhi. Covering expert analysis on stock markets, corporate developments, government policies, and global financial trends, Financial Express Delhi is a must-read for investors, professionals, and business leaders. Covering sectors like banking, technology, real estate, and startups, Financial Express Delhi provides in-depth reports, exclusive interviews, and expert opinions to help you stay ahead in the world of finance.
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