Financial Express Delhi - May 17, 2025
Financial Express Delhi - May 17, 2025
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In this issue
May 17, 2025
Forex reserves jump $4.5 billion to $690.6 billion on gold boost
Adding Sheen
1 min
Peak power demand in Delhi hits 6,867 MW, season's highest so far
THE PEAK POWER demand in the national capital hit its highest for the summer season so far, at 6,867 megawatt (6.8 gigawatt) on Friday as temperatures rose, according to data from the State Load Dispatch Center.
1 min
Emami's Q4 profit up 9%; revenue rises 8% at ₹963 cr
Emami on Friday reported an 8.9% year-on-year (y-o-y) rise in consolidated net profit at ₹162.17 crore for the March quarter.
1 min
Urban Company junks plan to go solo in global markets
URBAN COMPANY IS RETHINKING its approach to international growth by moving away from its earlier strategy of building operations independently in foreign markets.
2 mins
E-waste recycling firm Attero to close FY25 with ₹1K-cr revenue
ATTERO, an e-waste recycling and metal extraction startup, expects to close FY25 with around ₹1,000 crore in revenue from operations.
1 min
Groww to buy wealth-tech firm Fisdom for $150 mn
GROWW HAS SIGNED a definitive agreement to acquire wealth-tech startup Fisdom in an all-cash deal, subject to regulatory approval, according to sources aware of the matter.
1 min
Block trades hit 9-month high as markets revive
A WAVE OF secondary share sales in the country, driven by a rebound in local equities, is pushing the deal volume to the highest level in nearly nine months.
1 min
Promoter pledge up 0.86% to ₹1.57L crore in March quarter
PROMOTER SHARES PLEDGED for loans in the BSE 500 universe rose by 0.86% in the March quarter.
2 mins
Singtel Offloads 1.2% Stake in Bharti Airtel for ₹13,173 Crore
SINGAPORE-BASED TELECOM SERVICE provider Singapore Telecom (Singtel) has offloaded 1.2% of its direct stake in India's second largest telco Bharti Airtel for approximately ₹13,173 crore ($1.5 billion) through multiple block deals.
1 min
Rupee lags most Asian peers as client flows trump India-Pak truce
ON THE BACK FOOT
1 min
Ukraine talks yielded prisoner swap deal
RUSSIA SAID ON Friday that the first direct talks with Ukraine in more than three years had yielded a deal to swap 1,000 prisoners of war each soon and to resume talks after each side had set out its vision for a future ceasefire.
1 min
Israeli strikes pound Gaza, over 250 people killed
ISRAELI STRIKES ON Gaza have killed more than 250 people since Thursday morning, local health authorities said on Friday, one of the deadliest phases of bombardment since a truce collapsed in March, with a new ground offensive expected soon.
1 min
Microsoft Offers to Price Office Without Teams Cheaper to End Antitrust Probe
End of the Road?
2 mins
UAE to Hike US Energy Investments to $440 Billion
THE UNITED ARAB Emirates plans to raise its energy investments in the United States to $440 billion in the next decade, it said on Friday, boosting US President Donald Trump's efforts to secure major business deals on a Gulf tour.
1 min
Minecraft Shows Future of Movies Is Games
It's time for Superman to hang up his cape and the Avengers to disassemble. Hollywood's new hero is here, and his name is Steve.
3 mins
FDI: Beyond the hype
Negligible inflows suggest the aspirational $100-billion target remains elusive
2 mins
Fortify agri export framework
ITH THE INDIA-UK free trade agreement (FTA) signed and talks with the European Union (EU) and others in full swing, the current geopolitical climate presents a rare opportunity to boost global trade ties.
4 mins
The balance sheet of trust
In a trust-driven economy, India needs a reputation rating system as rigorous and consequential as financial credit ratings
3 mins
A Queen's Temple and a Rebel's Fort
MOVE OVER Türkiye and Azerbaijan, India has some stunning historical places, and many of them off the tourism radar.
1 min
Fast, furious, but comes at a price
LOOKED AT FROM ANOTHER ANGLE: LAMBORGHINI'S PERFORMANCE AT AUDI'S PRICE
1 min
Pre-pay personal loan on priority
I am planning for the foreclosure of my personal loan that I opted last year. I took a loan of ₹15 lakh at 10.5% interest for 4 years. Now, after 11 installments, I am planning to close it because of the unutilisation of the amount. What should I do?
1 min
FY25 tax returns: Split capital gains based on date of sale
BIFURCATE SALE BEFORE & AFTER JULY 23, 2024
2 mins
UK court rejected Nirav's bail keeping in mind quantum of fraud, says ED
THE ENFORCEMENT DIRECTORATE on Friday said the High Court in UK again rejected bail to fugitive diamond trader Nirav Modi keeping in view the \"sheer quantum of fraud\" involved in this case and added that extradition proceedings against him were at a \"final\" stage.
1 min
Bench says 2017 notification illegal, also sets aside 2021 memorandum
Bench says 2017 notification illegal, also sets aside 2021 memorandum
3 mins
Virat's quest for final frontier
LIKE A HAPPY old couple, Virat Kohli and Royal Challengers Bengaluru have celebrated the good days and survived the bad ones through 18 summers of the Indian Premier League, the essence of their longevity being stability and dependability, rather than blind, flawless love.
2 mins
Scholar Rambhadracharya and Lyricist Gulzar Honoured with Jnanpith Award
PRESIDENT DROUPADI MURMU on Friday gave away the 58th Jnanpith Award to renowned poet-lyricist Gulzar and Sanskrit scholar Jagadguru Rambhadracharya for the year 2023.
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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