Financial Express Hyderabad - May 12, 2025
Financial Express Hyderabad - May 12, 2025
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In this issue
May 12, 2025
FTAs a big opportunity for labour-intensive sectors
The ongoing tensions between India and Pakistan might lead to short-term caution among foreign investors, but industry is committed to ensuring the continued progress of economic activity, says Confederation of Indian Industry (CII) president Sanjiv Puri.
3 mins
No duty cuts on UK wines under FTA
INDIA WILL NOT provide any duty concessions on British wines and is offering only limited import duty benefits on UK beer under the free trade agreement (FTA) between the two countries, announced on May 6, an official stated.
1 min
Mumbai, Delhi Assigned Stiff Direct Tax Targets
MUMBAI, DELHI AND Karnataka would lead the direct tax collection charge with enhanced targets for FY26 as the Centre has pegged a collection growth of 13.2% at ₹25.2 lakh crore for the year, despite substantial income tax relief in the budget.
1 min
Procurement of wheat crosses 29 MT, highest in four years
THE GOVERNMENT'S WHEAT procurement by agencies — Food Corporation of India (FCI) and various state procurement bodies — for the 2025-26 rabi marketing season (April-June) has crossed 29 million tonne (MT), highest since the 2021-22 season.
1 min
Constitution Is Supreme, Not Parliament Or Judiciary: Gavai
JUSTICE BHUSHAN RAMKRISHNA Gavai, who is set to become the Chief Justice of India on May 14, on Sunday said no to any post-retirement assignment and put to rest the debate on whether Parliament or judiciary is superior by asserting that the Constitution is supreme.
1 min
No duty cuts on UK wines under FTA
INDIA WILL NOT provide any duty concessions on British wines and is offering only limited import duty benefits on UK beer under the free trade agreement (FTA) between the two countries, announced on May 6, an official stated.
1 min
Benign crude to boost earnings of OMCs in Q1
STATE-OWNED OIL MARKETING companies (OMCs) are expected to post strong earnings in the first quarter of FY26, amid weak crude oil prices and improvement in refining margins, analysts say.
2 mins
Biometric screening mandatory for MSP purchases of pulses
Procurement period limited to 60 days
1 min
Chinese Car Sales Rise for Third Month in a Row in April
CHINA'S CAR SALES in April rose for a third month, up 14.8% from a year earlier, as government-subsidised auto trade-ins mitigated the impact of US tariffs on consumer sentiment.
1 min
OpenAI, Microsoft in talks to reset high-stakes partnership
OPENAI AND MICROSOFT are revising the terms of their partnership that will enable the ChatGPT maker to go public at a future date while preserving the software giant's access to artificial intelligence technology, the Financial Times reported on Sunday.
1 min
Aramco profit dips amid uncertainty
SAUDI OIL GIANT Aramco, a longtime cash cow for the kingdom, reported a 4.6% drop in first-quarter profit on Sunday due to lower sales and higher operating costs as economic uncertainty hit crude markets.
1 min
Britain Proposes Tighter Visa Rules to Curb Migration
The British Government seeks to tighten visa requirements to curb the number of workers arriving through legal routes, as Prime Minister Keir Starmer attempts to address dissatisfaction over immigration that has led to growing support for the populist Reform UK party.
1 min
Israeli strikes on Gaza kill 13, mostly women and children
OVERNIGHT and into Sunday killed 13 people in the Gaza Strip, mostly women and children, according to local health officials.
1 min
Turkey says it is ready to host talks
RUSSIAN PRESIDENT VLADIMIR Putin on Sunday proposed direct talks with Ukraine aimed at ending the war, an initiative welcomed by Ukrainian President Volodymyr Zelenskyy who said Kyiv was willing to talk but Moscow must agree to a ceasefire.
1 min
In first Sunday message, Pope Leo XIV appeals for ‘no more war’
POPE LEO XIV appealed to the world's major powers for “no more war” in his first Sunday message to crowds in St. Peter's Square since his election as pontiff.
2 mins
US, China reach deal to cut trade deficit
US TREASURY SECRETARY Scott Bessent on Sunday reported \"substantial progress\" in US talks with China's top economic officials to de-escalate a damaging trade war, but offered no details of an agreement reached as two days of negotiations wrapped up in Geneva.
1 min
Startup bets: Info Edge clocks 36% returns
NAUKRI.COM PARENT Info Edge's long-term bets on local startups ranging from Zomato to Policybazaar are yielding returns of nearly 10 times and an estimated gross internal rate of return of 36%, according to the firm's FY25 annual letter to shareholders.
1 min
Money via messaging
HOW A SOCIAL NETWORK BUILT AROUND SMS TURNED INTO AN AI UNICORN
4 mins
Artha eyes investments in applied AI, deeptech
ARTHA VENTURE FUND aims to make around 12-14 new thematic investments in 2025.
1 min
Tata Consumer to Step Up Beverage, Food Biz Expansion
Plans entry into sports, energy drinks
2 mins
Mahindra Lifespaces looks to treble sales to ₹10K cr in 5 yrs
MAHINDRA LIFESPACE DEVELOPERS, the real estate development arm of Mahindra Group, is looking to more than treble its sales to ₹10,000 crore by FY30.
2 mins
Toyota may face supply bump as Maruti exports rise
TOYOTA KIRLOSKAR MOTOR'S rapid growth through rebadged Maruti Suzuki models may slow down, as Maruti is unlikely to significantly increase supplies to its alliance partner.
1 min
Jindal Stainless Eyeing ₹40K-cr Maha Facility
JINDAL STAINLESS is \"serious about Maharashtra\" and is engaged in discussions with the state government to acquire a land parcel for its proposed ₹40,000-crore stainless steel manufacturing facility, its MD Abhyuday Jindal said.
1 min
Vanguard Strikes Gold With Contra Bets in India
IT ALSO INCREASED the portfolio holdings in Hindustan Construction Company, Va Tech Wabag, Samman Capital and Zee Entertainment.
1 min
Aggressive Hybrid MFs Gain Traction
AGGRESSIVE HYBRID MUTUAL funds have been gaining traction among investors amid continued volatility in the capital markets, with the asset base of the category surging to ₹2.26 lakh crore in April 2025, a 12% rise compared to a year ago.
1 min
Confident of sustaining asset quality improvement
After attaining a credit-deposit ratio of about 75%, UCO Bank has started working on boosting deposits, says managing director and chief executive officer Ashwani Kumar.
3 mins
FPI infusion in equities at ₹14,167 cr so far in May
FOREIGN INVESTORS CONTINUE to show confidence in the country's equities market, infusing ₹14,167 crore so far this month, largely driven by favourable global cues and robust domestic fundamentals.
1 min
Stock bulls in India, Pakistan expect rebound after truce
Relief Rally Likely
2 mins
Can AI Replace Teachers?
Focus on 'AI for Teachers', Not on 'AI Instead of Teachers'
2 mins
Shaping a nation in times of crisis
Sovereignty is defended at the borders, but a nation is made in the classroom
2 mins
Smart beta funds for alpha
These Show Stronger Risk-Adjusted Returns & Lower Drawdowns In Volatile Markets
2 mins
A stitch in time
India and the UK concluded a landmark free trade agreement (FTA), marked as a historic milestone by Prime Minister Narendra Modi.
4 mins
Where Is Melania Trump? Where she wants to be
MELANIA TRUMP began her first term in the White House with #FreeMelania trending online, as observers imagined that she was held hostage to her husband's ideology, rather than a true believer.
3 mins
Chips are not down
Despite Adani and Zoho's decision, India is on track to be embedded in the global semiconductor ecosystem
2 mins
War in the age of social media
In today's digital warfare, Krishna's old tactic plays out on screens at lightning speed. The battle for truth, it turns out, is the battle of our time
3 mins
Low centre of gravity, high level of adrenaline
WHY YOU'D LOVE TO DRIVE THIS BIMMER, BUT MAY WONDER WHY THE CABIN HAS MEDIOCRE PLASTICS
2 mins
The great digital disconnect
INDIA'S DIGITAL AD GROWTH OUTPACES ITS ABILITY TO MEASURE IT
2 mins
Fair Platform for a Lovely Take-Off
How Nykaa Became the Go-To Launchpad for Global Brands
2 mins
Add depth to your music
A BUDGET TOOL THAT OFFERS A SNUG FIT
1 min
'Our goal is zero-accident mobility'
As India progresses rapidly towards smarter mobility, the integration of AI into road safety enforcement and accident analysis is reshaping strategies to ensure safer journeys.
3 mins
Pocket-friendly but packs a punch
THIS POWERBANK IS IDEAL FOR HEAVY DUTY PHONE USERS
1 min
Delivers strong value for money
INFINIX NOTE 50S IS FAST ENOUGH FOR MOST TASKS
2 mins
Pak sought US help after PM warned of hard retaliation
\"IT WAS A hellfire,\" sources said, underlining that the runway of the PAF base in Rahim Yar Khan was damaged and there was serious damage to the Nur Khan air base in Chaklala, Rawalpindi.
2 mins
Congress Wants Answers on US Role
NOTING THAT EVENTS have changed swiftly in the last 24 hours, he said, \"We were all surprised after the announcement of ceasefire was made by the US President through social media.
1 min
Retail investors going strong
The Main Concern is the large build-up particularly on the expiry day, despite an additional extreme loss margin of 2%
1 min
UAPA Case: SIA Raids in 20 Kashmir Locations
The State Investigation Agency (SIA) Sunday conducted raids at multiple locations in South Kashmir in a case related to sharing of \"sensitive and strategic information about security forces and vital installations\" through messaging apps, the agency said.
1 min
Financial Express Hyderabad Newspaper Description:
Publisher: The Indian Express Ltd.
Category: Newspaper
Language: English
Frequency: Daily
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