Financial Express Hyderabad - February 15, 2025Add to Favorites

Financial Express Hyderabad - February 15, 2025Add to Favorites

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In this issue

February 15, 2025

Leaders Don't Talk About 'Individual Issues'; Modi on Adani Bribery Charges

PRIME MINISTER NARENDRA MODI said \"individual issues\" are never discussed when prominent leaders of countries meet, responding to a question if he had discussed with US President Donald Trump bribery charges that the US government had leveled against Gautam Adani, one of the richest business persons in India.

1 min

What would a trade deal with US mean for India

While India and the US have announced plans to negotiate a multi-sector Bilateral Trade Agreement (BTA) this year, the deal, unlike a free trade agreement, is far narrower in scope and focuses on specific goods rather than overall trade liberalization.

2 mins

Oil & gas deal to boost India's energy security, lower costs

Purchases From The United States To Rise Over 60% To $25 Billion Soon

2 mins

Renewed push: IMEEC may not remain a corridor of uncertainty

THE PLAN OF India and the US to work together to advance the India-Middle East-Europe Economic Corridor (IMEEC) could give a shot in the arm for Indian foreign trade, which is growing at a rate much below potential and often turns to be a drag on its gross domestic product.

1 min

Partnership with US to help boost India's AI infra

India and the United States will create a roadmap by the end of the year to speed up the development of artificial intelligence (AI) infrastructure, according to a joint statement by the two countries.

2 mins

Govt focusing on enhancing livestock productivity, disease control: Minister

THE GOVERNMENT IS focusing on enhancing livestock productivity and disease control, Minister of State for Fisheries, Animal Husbandry & Dairying S P Singh Baghel said on Friday.

1 min

Lower yield to impact cotton output: CAI

COTTON ASSOCIATION OF India (CAI) on Friday said the overall cotton output in the current season (2024-25), beginning October, is estimated to dip to 301.75 lakh bales due to lower yield in Gujarat and the northern region.

1 min

WPI inflation eases marginally to 2.31% in Jan

INDIA'S WHOLESALE PRICE index (WPI)-based inflation eased marginally to 2.31% in January from 2.37% in December, mainly due to a decline in food prices, official data released on Friday showed.

1 min

New I-T Bill: No major change in refund eligibility

The Central Board of Direct Taxes (CBDT) has clarified that the eligibility criteria for claiming refunds under the new income tax Bill remains unchanged when compared to I-T Act, 1961.

1 min

CBIC operations on halt, issue to be resolved soon

THE CENTRAL BOARD of Indirect Taxes & Customs'(CBIC) 'e-Office' application services remain non-functional since February 9, primarily affecting customs clearance process.

1 min

PMI Electro raises ₹250 crore

ELECTRIC BUS MAKER PMI Electro Mobility Solutions has secured a funding of ₹250 crore from a consortium comprising Authum Investment & Infrastructure, Antique Securities and associated HNI family offices, and Nikhil Kamath-backed Gruhas.

1 min

PwC Overhauls Key Leadership Roles

PwC in India on Friday announced new key leadership appointments, including portfolio realignments, which will come into effect from April 1.

1 min

BSNL rings in profit after 17 yrs in Q3

POSTS PROFIT OF ₹262 CRORE

1 min

Reliance Consumer buys sachet pioneer Velvette

RELIANCE CONSUMER PRODUCTS (RCPL) on Friday announced the acquisition of the iconic sachet shampoo brand 'Velvette,' strengthening its FMCG portfolio and adding another heritage brand to its revival list.

1 min

New India Co-operative Bank: Depositors in a state of panic

SUNIL MEHTA, A customer of New India Cooperative Bank's Tulsiani Chambers' branch, was curious to see the shutters of the office half down on a working day. The curiosity soon turned into shock when one of the employees said the bank is not accepting any deposits as the Reserve Bank of India (RBI) has barred it from doing new business.

2 mins

Mid-, small-cap gauges record worst weekly loss in five years

FREE FALL

2 mins

Experts wary of reciprocal tariffs

THE PLAN THAT has been announced says that it seeks to address all disadvantages that American businesses face globally ranging from digital services tax to non-tariff barriers including subsidies and burdensome regulatory requirements.

3 mins

TikTok Returns on Apple, Google US App Stores

TikTok returned to the US app stores of Apple and Google on Thursday as President Donald Trump delayed a ban on the Chinese-owned social media app and assured the tech giants they would not be fined for distributing or maintaining it.

1 min

New India Co-Op Bank board superseded

The Reserve Bank of India (RBI) superseded the board of New India Co-operative Bank, citing concerns over its financial health and regulatory non-compliance.

1 min

HSBC to kick off new round of job cuts

HSBC HOLDINGS IS kicking off a fresh round of job cuts at its investment bank as new chief executive officer Georges Elhedery continues his overhaul of Europe's biggest lender, according to people familiar with the matter.

1 min

Trade deal with US soon

Trump said after talks with Modi that India will buy more oil, gas and military hardware from America to bring down the trade deficit while asserting that Washington will not spare New Delhi from reciprocal tariffs

2 mins

Russian drone strike damages Chornobyl nuclear plant shelter

A RUSSIAN DRONE caused significant damage to the radiation containment shelter at the Chornobyl nuclear power plant overnight, Ukrainian President Volodymyr Zelenskiy said on Friday.

1 min

Thousands fired as Trump takes the axe to govt offices

ANXIOUS US FEDERAL workers are expected to see another round of pink slips on Friday as President Donald Trump and top adviser Elon Musk pursue a wholesale downsizing of the government.

1 min

Trump floats deal with Russia, China to cut defence spending

PRESIDENT DONALD TRUMP floated the idea of a three-way meeting with the leaders of Russia and China in which the countries would agree to cut defence spending in half.

2 mins

Pragmatic deal-making

PM's meet with Trump raises hopes of a much-needed bilateral trade agreement

2 mins

An inequitable tax structure

HIGH EXEMPTION LIMITS PUSHING GOVT TO RELY ON INDIRECT TAXES WHICH BURDEN LOWER-INCOME GROUPS

3 mins

At last, accessibility for all

SC judgment is anticipated to instigate a substantial revision of the accessibility mandate for persons with disabilities as well as other demographic groups

2 mins

The Way Forward for Highway Charging

INDIA HAS MORE than 12,000 EV charging stations, but most of these are in cities.

1 min

Why do CXOs love this car?

Driving top variant of E-Class in Delhi's new business district

2 mins

No tax on rural farm land sale proceeds

My parents had a few acres of agricultural land which they sold. Do they have to pay any capital gains tax? As they want to give me some money from the proceeds, do I have to pay any tax on it?

2 mins

Lock in fixed deposits before rates fall

FDs of multiple maturities will reduce reinvestment risk

2 mins

Small cities pip metros in Valentine's sales

PEOPLE IN TIER 2 and 3 cities turned out in bigger numbers to shop compared to metros during the Valentine's Week this year, according to industry executives.

1 min

Top Bollywood music labels to sue OpenAI in copyright battle

● Legal action over improper use of AI recordings sought

2 mins

Will Harley roar again on reciprocal tariffs?

Relief In Sight

2 mins

Read all stories from Financial Express Hyderabad

Financial Express Hyderabad Newspaper Description:

PublisherThe Indian Express Ltd.

CategoryNewspaper

LanguageEnglish

FrequencyDaily

The Financial Express brings the latest and breaking business news from Markets and Industries in India.
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