Financial Express Kochi - April 26, 2025
Financial Express Kochi - April 26, 2025
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In this issue
April 26, 2025
RIL Beats the Street, Net Rises 2.4%
IT reflected strong performance in telecom and retail segments despite mixed results from the energy businesses.
1 min
Bihar wins pre-poll bonanza: ₹2,500 cr & counting
ELECTIONS ARE TIMES when governments loosen the purse strings. So, it is Bihar's time to fill its pockets.
2 mins
Board Clears ₹25,000-Cr Fundraise
Reliance Industries’ board of directors on Friday approved a fundraise plan of ₹25,000 crore through the issuance of listed, secured/unsecured, redeemable non-convertible debentures (NCDs) in one or more tranches on a private placement basis, according to an exchange filing.
1 min
Bihar wins pre-poll bonanza: ₹2,500 cr & counting
State of Affairs
2 mins
Mandatory e-filing part of GST appellate tribunal rules
Hybrid Hearing
1 min
Goyal Warns Against Trade Diversion By Other Countries
INDIA WOULD NOT allow itself to be used for transshipment of exports of countries facing high tariffs in the US as it will dent its image of a trusted trade partner, commerce and industry minister Piyush Goyal said Friday.
1 min
CONCOR signs pact with GAIL for LNG use
GAIL INDIA AND CONCOR have signed a memorandum of understanding (MoU) to explore the adoption of Liquefied Natural Gas (LNG) as an alternative fuel for the logistics sector.
1 min
India to Become Global Food Basket: Minister
The government on Friday said that the country could emerge as a \"global food basket\" with the advances being made in food processing.
1 min
UP tops Atal Pension Yojana enrolment
UTTAR PRADESH NOW has the most enrolments under the central income security scheme for people working in the unorganised sector, with over 12 million people registered under it, the state government said Friday.
1 min
US seeks India deal on e-comm, crops, data storage
A US-INDIA TRADE agreement under discussion will cover 19 categories, including greater market access for farm goods, e-commerce, data storage and critical minerals, people familiar with the matter said, the first step towards a deal that may help India evade higher tariffs on its goods.
2 mins
Centre to purchase pulses at market rates to boost stocks
To dip into price stabilisation fund
2 mins
Mandatory e-filing part of GST appellate tribunal rules
Hybrid Hearing
1 min
Goyal Warns Against Trade Diversion By Other Countries
INDIA WOULD NOT allow itself to be used for transshipment of exports of countries facing high tariffs in the US as it will dent its image of a trusted trade partner, commerce and industry minister Piyush Goyal said Friday.
1 min
Steel sector to play vital role in achieving $5 trn economy
STEEL SECTOR WILL play a vital role in economic growth, job creation and industrial development as the country aspires to become a $5-trillion economy, Union Education Minister Dharmendra Pradhan said on Friday.
1 min
FY25 Direct Tax Receipts Fall Marginally Short of RE
Shortfall largely on account of surge in I-T refunds
1 min
Overseas remittances by Indians under LRS down 29% this Feb: RBI data
50% Fall in Studies Abroad
2 mins
Complaint against Gensol for falsified documents
STATE-RUN INDIAN Renewable Energy Development Agency (Ireda) on Friday said that it has initiated an internal review following recent developments concerning Gensol Engineering and its promoters & associate companies in accordance with RBI guidelines and the company's due diligence protocols.
1 min
Steel sector to play vital role in achieving $5 trn economy
STEEL SECTOR WILL play a vital role in economic growth, job creation and industrial development as the country aspires to become a $5-trillion economy, Union Education Minister Dharmendra Pradhan said on Friday.
1 min
FY25 Direct Tax Receipts Fall Marginally Short of RE
Shortfall largely on account of surge in I-T refunds
1 min
Overseas remittances by Indians under LRS down 29% this Feb: RBI data
50% Fall in Studies Abroad
2 mins
Complaint against Gensol for falsified documents
STATE-RUN INDIAN Renewable Energy Development Agency (Ireda) on Friday said that it has initiated an internal review following recent developments concerning Gensol Engineering and its promoters & associate companies in accordance with RBI guidelines and the company's due diligence protocols.
1 min
Hindalco Forays Into EV Component Units
HINDALCO INDUSTRIES, a company of the Aditya Birla Group, on Friday unveiled its ₹500-crore EV component manufacturing facility at Chakan, in Pune, designed to cater to the growing demand for lightweight, crash-resistant battery solutions.
1 min
PVR INOX forays into FOCO model with Raipur launch
PVRINOX on Friday launched its first property under the franchise-owned company-operated (FOCO) model in Raipur's Zora Mall.
2 mins
HUL's shift to growth-first strategy prompts bullish views from analysts
Optimistic Outlook
2 mins
Apple Aims to Build Most iPhones for US in India by 2026
APPLE IS SEEKING to import most of the iPhones it sells in the US from India by the end of next year, accelerating a shift beyond China to mitigate risks related to tariffs and geopolitical tensions.
2 mins
Hindalco Forays Into EV Component Units
HINDALCO INDUSTRIES, a company of the Aditya Birla Group, on Friday unveiled its ₹500-crore EV component manufacturing facility at Chakan, in Pune, designed to cater to the growing demand for lightweight, crash-resistant battery solutions.
1 min
PVR INOX forays into FOCO model with Raipur launch
PVRINOX on Friday launched its first property under the franchise-owned company-operated (FOCO) model in Raipur's Zora Mall.
2 mins
Apple Aims to Build Most iPhones for US in India by 2026
APPLE IS SEEKING to import most of the iPhones it sells in the US from India by the end of next year, accelerating a shift beyond China to mitigate risks related to tariffs and geopolitical tensions.
2 mins
Samsung to invest additional ₹1,000 cr in Tamil Nadu plant
SOUTH KOREAN ELECTRONICS major Samsung Electronics will invest an additional ₹1,000 crore in its manufacturing facility at Sriperumbudur, near Chennai, Tamil Nadu industries minister TRB Rajaa informed the state assembly.
1 min
Cairn, Norwegian firm ink pact to boost KG block exploration
Taking A Deep Dive
2 mins
Hindustan Zinc flags price volatility amid tariff risks
HINDUSTAN ZINC EXPECTS strong growth in fiscal 2026 despite global price volatility caused by US tariff uncertainty, a top executive said on Friday, after the miner reported a jump in quarterly profit.
1 min
Bizongo under scanner after auditors raise fraud concerns
B2B marketplace and financing platform Bizongo has initiated a fresh investigation into a suspected financial fraud in FY24, following an intimation from its auditors earlier this year, a company spokesperson told FE.
2 mins
Samsung to invest additional ₹1,000 cr in Tamil Nadu plant
SOUTH KOREAN ELECTRONICS major Samsung Electronics will invest an additional ₹1,000 crore in its manufacturing facility at Sriperumbudur, near Chennai, Tamil Nadu industries minister TRB Rajaa informed the state assembly.
1 min
Cairn, Norwegian firm ink pact to boost KG block exploration
Taking A Deep Dive
2 mins
Hindustan Zinc flags price volatility amid tariff risks
HINDUSTAN ZINC EXPECTS strong growth in fiscal 2026 despite global price volatility caused by US tariff uncertainty, a top executive said on Friday, after the miner reported a jump in quarterly profit.
1 min
Bizongo under scanner after auditors raise fraud concerns
B2B marketplace and financing platform Bizongo has initiated a fresh investigation into a suspected financial fraud in FY24, following an intimation from its auditors earlier this year, a company spokesperson told FE.
2 mins
Maruti Profit Slides 4.3% in March Quarter
Bhargava said that high growth cannot be expected when 88% of the country's households earn below the threshold needed to afford cars costing ₹10 lakh and above.
1 min
Forex reserves jump to $686 bn, highest in about six months
INDIA'S FOREX RESERVES rose for a seventh consecutive week and stood at a six-month high of $686.15 billion as of April 18, according to data released by the central bank on Friday.
1 min
Proposal for FDI in nuclear plants
Under the govt's control, total Indian nuclear generation is just over 8 GW, 2% of the country's installed electricity
1 min
RBL Bank profit plunges 81% in Q4 due to spike in bad loans
RBL BANK'S PROFIT declined 81% year-on-year to ₹69 crore in the fourth quarter of the previous financial year, impacted by a rise in provisions due to spike in bad loans.
1 min
Deposits at banks lag credit growth
Increase in deposits almost 1% lower in week ending April 4
1 min
Demat account limit hit brokers' income, says HDFC Securities
Ripple Effect
2 mins
India Indices Worst Performers in Asia
BENCHMARK INDICES EXTENDED their losses for the second consecutive session on Friday, emerging as the worst performers among Asian equity markets, amid heightened geopolitical tensions and profit-booking.
2 mins
China softens tariff blow...
\"He's called. And I don't think that's a sign of weakness on his behalf,\" Trump told TIME.
1 min
Maruti Profit Slides 4.3% in March Quarter
Bhargava said that high growth cannot be expected when 88% of the country's households earn below the threshold needed to afford cars costing ₹10 lakh and above.
1 min
Forex reserves jump to $686 bn, highest in about six months
INDIA'S FOREX RESERVES rose for a seventh consecutive week and stood at a six-month high of $686.15 billion as of April 18, according to data released by the central bank on Friday.
1 min
Proposal for FDI in nuclear plants
Under the govt's control, total Indian nuclear generation is just over 8 GW, 2% of the country's installed electricity
1 min
RBL Bank profit plunges 81% in Q4 due to spike in bad loans
RBL BANK'S PROFIT declined 81% year-on-year to ₹69 crore in the fourth quarter of the previous financial year, impacted by a rise in provisions due to spike in bad loans.
1 min
Deposits at banks lag credit growth
Increase in deposits almost 1% lower in week ending April 4
1 min
Demat account limit hit brokers' income, says HDFC Securities
Ripple Effect
2 mins
India Indices Worst Performers in Asia
BENCHMARK INDICES EXTENDED their losses for the second consecutive session on Friday, emerging as the worst performers among Asian equity markets, amid heightened geopolitical tensions and profit-booking.
2 mins
Xi called me, says Trump
US PRESIDENT DONALD Trump this week said his administration is talking with China to strike a tariff deal and that Chinese President Xi Jinping had called him, Time magazine reported, as Beijing has so far disputed the US characterisation of talks.
1 min
China: Carmakers rush to meet surging demand for hybrids
CHINESE AUTOMAKERS AND foreign rivals are launching ever more advanced long-range hybrids to meet rising demand in the world's largest auto market.
1 min
US to relax rules for Tesla, other carmakers to take on China
THE TRUMP ADMINISTRATION is loosening rules to help U.S. automakers like Elon Musk's Tesla develop self-driving cars so they can take on Chinese rivals.
1 min
Wall St subdued amid uncertainties
WALL STREET'S MAIN indexes were muted in choppy trading on Friday, as investors struggled with little clarity on the US-China trade front despite signs of a possible softening in Beijing's stance.
1 min
Microsoft to contract out more software selling in the age of AI
MICROSOFT IS PLANNING to use third-party firms to handle more sales of software to small and mid-size customers, echoing efforts by its peers to adjust sales strategies in the age of artificial intelligence.
1 min
Pharma tariffs: Firms report exemptions
PHARMACEUTICAL COMPANIES IN China are reporting that they have been able to import some drugs over the past week with tariff exemptions, the Beijing-based American Chamber of Commerce said on Friday.
1 min
Alphabet Beats Estimates on Search Ads
GOOGLE PARENT REPORTED first-quarter revenue and profit that exceeded analysts' expectations, buoyed by continued strength in its search advertising business.
1 min
Trump Says 'Crimea Will Stay With Russia'
US PRESIDENT DONALD Trump said in an interview published Friday that \"Crimea will stay with Russia,\" the latest example of the US leader pressuring Ukraine to make concessions to end the war while it remains under siege.
1 min
Tesla's Adjusted Q1 Earnings Leaves Out $97 Million Crypto Loss
Tesla reported its worst quarter in years, but the unofficial measure it touted to Wall Street got a little help: a slight boost from backing out the dip in the value of its crypto holdings.
1 min
BYD Q1 Profit Soars, Beating Tesla on Another Metric
BYD's net income in the first quarter jumped to 9.15 billion yuan ($1.3 billion), overtaking Tesla on another key metric and signaling a robust start to the year for the brand.
1 min
Pharma tariffs: Firms report exemptions
PHARMACEUTICAL COMPANIES IN China are reporting that they have been able to import some drugs over the past week with tariff exemptions, the Beijing-based American Chamber of Commerce said on Friday.
1 min
Xi called me, says Trump
US PRESIDENT DONALD Trump this week said his administration is talking with China to strike a tariff deal and that Chinese President Xi Jinping had called him, Time magazine reported, as Beijing has so far disputed the US characterisation of talks.
1 min
China: Carmakers Rush to Meet Surging Demand for Hybrids
CHINESE AUTOMAKERS AND foreign rivals are launching ever more advanced long-range hybrids to meet rising demand in the world's largest auto market.
1 min
US to relax rules for Tesla, other carmakers to take on China
THE TRUMP ADMINISTRATION is loosening rules to help U.S. automakers like Elon Musk's Tesla develop self-driving cars so they can take on Chinese rivals.
1 min
Wall St subdued amid uncertainties
WALL STREET'S MAIN indexes were muted in choppy trading on Friday, as investors struggled with little clarity on the US-China trade front despite signs of a possible softening in Beijing's stance.
1 min
Microsoft to contract out more software selling in the age of AI
MICROSOFT IS PLANNING to use third-party firms to handle more sales of software to small and mid-size customers, echoing efforts by its peers to adjust sales strategies in the age of artificial intelligence.
1 min
Pharma Tariffs: Firms Report Exemptions
PHARMACEUTICAL COMPANIES IN China are reporting that they have been able to import some drugs over the past week with tariff exemptions, the Beijing-based American Chamber of Commerce said on Friday.
1 min
Alphabet Beats Estimates on Search Ads
GOOGLE PARENT REPORTED first-quarter revenue and profit that exceeded analysts' expectations, buoyed by continued strength in its search advertising business.
1 min
Trump Says 'Crimea Will Stay With Russia'
US PRESIDENT DONALD Trump said in an interview published Friday that \"Crimea will stay with Russia,\" the latest example of the US leader pressuring Ukraine to make concessions to end the war while it remains under siege.
1 min
Stagflation for the ages
EARLY FIVE YEARS ago, I warned that stagflation was only a broken supply chain away.
4 mins
Pushing Labour Reform
Despite delays in notifying the four codes, it's good news that states are proactively leading the charge
2 mins
Class Conflicts in Public Appointments
Selecting people with ability, integrity, and standing irrespective of their class is the way to manage top positions and their associated conflicts
3 mins
Stagflation for the ages
EARLY FIVE YEARS ago, I warned that stagflation was only a broken supply chain away.
4 mins
Pushing Labour Reform
Despite delays in notifying the four codes, it's good news that states are proactively leading the charge
2 mins
Class conflicts in public appointments
Selecting people with ability, integrity, and standing irrespective of their class is the way to manage top positions and their associated conflicts
3 mins
RBI bonds perfect for risk-averse investors
Biannual interest payment ensures regular income
2 mins
Living with an electric scooter...
...CAN BE COMPLICATED, IRRITATING AT TIMES, IN A HUGE URBAN AGGLOMERATION SUCH AS DELHI NCR
2 mins
The anti-SUV: Sleek, suave, and still here
The Virtus was a rare case of having sold more than its SUV counterpart. In FY25, its sales of 21,094 units were more than Taigun's sales (19,910 units)
1 min
RBI bonds perfect for risk-averse investors
Biannual interest payment ensures regular income
2 mins
NEET paper leak accused arrested after 11-month hunt
SANJEEV KUMAR MUKHIYA, the alleged mastermind behind the 2024 NEET-UG paper leak and accused in multiple other examination scams, was arrested early Friday by Bihar's Economic Offences Unit (EOU) in a midnight operation at Saguna More in Danapur.
1 min
RIL Beats the Street, Net Rises 2.4%
IT reflected strong performance in telecom and retail segments despite mixed results from the energy businesses.
1 min
Govt defends Waqf law
An Overview
1 min
Modi's triangle of geopolitics, Viksit Bharat and net zero
LIFE IS AN intriguing web of patterns, a mix of squares, triangle, and circles. These patterns help us understand human emotions, life with clarity and purpose.
4 mins
NEET paper leak accused arrested after 11-month hunt
SANJEEV KUMAR MUKHIYA, the alleged mastermind behind the 2024 NEET-UG paper leak and accused in multiple other examination scams, was arrested early Friday by Bihar's Economic Offences Unit (EOU) in a midnight operation at Saguna More in Danapur.
1 min
RIL Beats the Street, Net Rises 2.4%
IT reflected strong performance in telecom and retail segments despite mixed results from the energy businesses.
1 min
Govt defends Waqf law
An Overview
1 min
Modi's triangle of geopolitics, Viksit Bharat and net zero
LIFE IS AN intriguing web of patterns, a mix of squares, triangles, and circles. These patterns help us understand human emotions, life with clarity and purpose.
4 mins
Visionary scientist who led Isro in tough times
CHANDRAYAAN-3 WAS SCHEDULED to make its landing on the Moon on August 23, 2023.
3 mins
Visionary scientist who led Isro in tough times
CHANDRAYAAN-3 WAS SCHEDULED to make its landing on the Moon on August 23, 2023.
3 mins
Financial Express Kochi Newspaper Description:
Publisher: The Indian Express Ltd.
Category: Newspaper
Language: English
Frequency: Daily
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