Financial Express Hyderabad - March 22, 2025
Financial Express Hyderabad - March 22, 2025
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In this issue
March 22, 2025
India Crosses 1-Billion-Tn Coal Output Mark
INDIA CROSSED a record milestone of 1 billion tonnes of coal production in the current fiscal, a landmark, which Prime Minister Narendra Modi described as a proud moment for the country, showing its commitment to energy security and self-reliance.
1 min
NTPC Offers Internship Under Govt Scheme
NTPC HAS LAUNCHED an internship programme offering 3,022 paid positions under the Prime Minister Internship Scheme 2025.
1 min
RINL Revival Afoot With Fresh ₹11,440-Cr Capital Infusion
The government has approved an infusion of ₹11,440 crore in the state-run Rashtriya Ispat Nigam (RINL) as equity to sustain its operations, the Parliament was informed Friday.
2 mins
Green energy hiring growth seen at 19%
DESPITE A SLIGHT moderation in hiring in FY25, the renewable energy sector continues to generate a high number of jobs, according to a new Team Lease Services report.
1 min
PDS Expenses Seen Rising Sharply in the Next Fiscal
WITH SURPLUS GRAIN stocks, periodic increases in minimum support prices (MSP), and rising transportation costs, the economic cost of handling rice and wheat for the Food Corporation of India (FCI) is projected to rise to ₹4,173 per quintal for rice and ₹2,980 per quintal for wheat in the next fiscal—a sharp increase of 17% and 21% compared to FY22.
1 min
Centre to seek extra funds for export mission
House panel moots interest subsidy till EPM is operational
1 min
House panel to Doordarshan: collaborate with influencers
A PARLIAMENTARY PANEL on Friday suggested that Doordarshan collaborate with influencers and social media creators to enhance its reach among younger audiences.
1 min
Nepal Requests India to Raise Power Supply
NEPAL REQUESTED INDIA to increase electricity supply during the dry summer season due to the high demand, a statement said on Friday.
1 min
Talks with US underway for trade deal: MEA
With just 11 days left for US President Donald Trump's tit-for-tat tariff to kick in, India on Friday said its negotiations with Washington are underway to build a framework for a bilateral trade pact that would address issues relating to levies and market access.
2 mins
India's reliance on oil import may hit full-year high in FY25
Rising Dependency
2 mins
Adani Energy bags ₹2.8K cr transmission project in Gujarat
ADANI ENERGY SOLUTIONS (AESL), part of Adani Group, on Friday said it has won a power transmission project in Gujarat.
1 min
Toyota's New R&D Facility Signals Sharper Focus on India
TOYOTA MOTOR IS setting up its first research and development center in India through its local unit, people familiar with the matter said, signaling the market's growing importance.
1 min
L&T Elevates Sarma as Deputy MD
ENGINEERING AND CONSTRUCTION major Larsen & Toubro on Friday said it has elevated Subramanian Sarma as deputy managing director and president.
1 min
Apollo's quick delivery serves 30% of online orders
APOLLO 24/7'S 19-MINUTE delivery service has quickly become a major driver of its online business, contributing to nearly 30% of all daily orders, according to a senior company official.
2 mins
DLF to invest ₹20K cr to expand commercial real estate business
REAL ESTATE MAJOR DLF plans to invest around ₹20,000 crore in the medium term to develop commercial properties, including office and retail spaces.
1 min
QSR companies likely to see sales growth in FY26 on urban recovery
AFTER MULTIPLE QUARTERS of weak sales, quick-service restaurants (QSRs) may see a turnaround in FY26, led by an urban recovery, sector experts and top executives said.
1 min
Ola confirms govt notices on sales, registration gap
Denies wrongdoing; says backlog due to negotiations
1 min
Sebi extends deadline for RPT disclosures by 3 months
SEBI ON FRIDAY extended the deadline for listed entities by three months to July 1 for complying with the industry standards on minimum information to be provided for review by the audit committee and shareholders at the time of seeking approval for a related party transaction.
1 min
SBI MF, ICICI Pru MF, Nippon India MF buy 4.12% in TBO Tek for ₹537 cr
SBI Mutual Fund (MF), ICICI Prudential MF, and Nippon India MF on Friday acquired a 4.12% stake in travel distribution firm TBO Tek for ₹537 crore through open market transactions.
1 min
ICICI Bank May Attract $450-Mn Inflows After FTSE, MSCI Rejig
ICICI Bank is expected to attract cumulative inflows of $450 million, with its weightage increasing in the FTSE and MSCI indices, according to Abhilash Pagaria, head of Nuvama Alternative & Quantitative Research.
1 min
VRR auctions get ₹1.43 lakh-cr bids
THE RESERVE BANK of India (RBI) received bids worth ₹1.43 lakh crore from banks, against the notified amount of ₹2 lakh crore, for the two variable rate repo (VRR) auctions held on Friday.
1 min
Manappuram hits record high as Bain announces stake buy
STEEP RISE
1 min
Unregistered advisors are a 'menace': Sebi member
SEBI WHOLE TIME member Ananth Narayan on Friday said unregistered investment advisors/research analysts are a \"menace\" who are cashing in on the rising interest in investments.
1 min
Rupee posts biggest weekly rise in 2 years
THE RUPEE POSTED its best day against the dollar in more than a month on the back of dollar inflows and an unwinding of speculative long-dollar positions, which also helped it log its best week in more than two years.
1 min
Pak to Grant Temporary Permission to Starlink
PAKISTAN ANNOUNCED ON Friday that it granted temporary permission to tech billionaire Elon Musk's satellite-based internet provider Starlink to provide its service in the country.
1 min
India's approach to AI right, says Gates
\"India is in an interesting position where the main debate revolves around whether the growth rate will be 5% or 10%. It seems highly likely that it will fall within this range.
1 min
Powell says Trump can't fire him
FEDERAL RESERVE CHAIRMAN Jerome Powell has been crystal clear about whether President Donald Trump can fire him. \"Not permitted under the law,\" he said — twice — when asked in November. Powell, who's had the job since 2018, may soon find out if he was right.
1 min
Trump Awards Boeing With F-47 Contracts
U.S. PRESIDENT DONALD Trump awarded Boeing on Friday the contract to build the U.S. Air Force's most sophisticated fighter jet yet, dubbed the F-47, handing the company a much-needed win.
1 min
Musk holds Pentagon meeting
BILLIONAIRE ELON MUSK held a meeting for more than an hour at the Pentagon on Friday morning as the close ally of President Donald Trump called for the prosecutions of any Pentagon officials leaking false information about his visit.
1 min
Brexit Britain abandons ambition to be deal cop
THE UK HAD a good stab at becoming the world's toughest merger regulator when Brexit gave it new freedom to thwart deals.
3 mins
Miniature no more
Indian art market might not have global scale yet, but a record ₹118-crore sale is a turning point
2 mins
When NATO collapses
Following his election victory in late February, German Chancellor-designate Friedrich Merz declared that he has \"absolutely no illusions\" that Donald Trump \"pretty much no longer cares about the fate of Europe\".
4 mins
India Needs Smart Deregulation
Regulatory sandboxes, already successful in fintech, should expand across industries to enable innovation without exposing the economy to untested risks
3 mins
OPD rider enhances your annual health cover
Premium starts from as low as ₹700 per year
2 mins
Collegium Favours Transfer of HC Judge After Report of Cash at Home
THE SUPREME COURT Collegium has proposed the transfer of Delhi High Court judge Justice Yashwant Varma to the Allahabad High Court, his parent High Court, following a report about cash at his New Delhi residence, the site of a fire.
2 mins
Shah: Ruthlessly Suspended Terrorists' Kin From Govt Jobs
The Centre has taken concrete measures against terrorism in Jammu and Kashmir and ruthlessly suspended relatives of terrorists as well as their sympathisers from government service to send across a message, Union home minister Amit Shah said in Rajya Sabha on Friday.
1 min
Speaker suspends 18 BJP MLAs for six months amid Karnataka Assembly chaos
A DAY AFTER a minister in Karnataka alleged that he was among 48 leaders across party lines who had been the targets of attempts to honeytrap them, the Assembly witnessed high drama on Friday as 18 BJP MLAs were suspended for six months for allegedly disregarding the authority of Speaker U T Khader and \"abusing the rules\" of the House.
1 min
DMK to host delimitation meet in Chennai today
IN A SHOW OF Opposition unity, the Chief Ministers of Kerala, Telangana, and Punjab — Pinarayi Vijayan, A Revanth Reddy, and Bhagwant Mann — along with Karnataka Deputy CMD K Shivakumar, and senior representatives of the Biju Janata Dal (BJD) will attend the first Joint Action Committee (JAC) meeting on \"Fair Delimitation\" convened by the DMK in Chennai on Saturday.
1 min
Tesla fans buy stock at never-seen-before pace
Shares Down Halfway From Peak
2 mins
Air India cancels flights to and from London
BRITAIN'S HEATHROW SAID flights would resume later on Friday after a fire knocked out its power supply and shut Europe's busiest airport for the day, stranding thousands of passengers and causing travel turmoil worldwide.
1 min
Financial Express Hyderabad Newspaper Description:
Publisher: The Indian Express Ltd.
Category: Newspaper
Language: English
Frequency: Daily
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