Financial Express Kolkata - January 13, 2025
Financial Express Kolkata - January 13, 2025
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In this issue
January 13, 2025
Blinkit's 10-minute ambulance gamble: Can it beat the odds?
HIGH STAKES, HIGH REWARDS
2 mins
CII Proposes 10-Point Plan for Business Reforms
Ahead of the upcoming Budget, the Confederation of Indian Industry (CII) on Sunday suggested a 10-point agenda to drive ease of doing business reforms, aimed at reducing compliance burden, simplifying regulatory frameworks, and improving transparency.
1 min
Power firms may record strong earnings in Q3
Bright Future Ahead
2 mins
AIFs: Deep-tech startups need special window
GOVT URGED TO BOOST FUND OF FUNDS
1 min
Budget FY26 may introduce amnesty scheme for customs
IN A BID to reduce litigation, finance minister Nirmala Sitharaman in the upcoming Budget may announce an amnesty scheme for customs to foster ease of doing business.
1 min
NFRA plans seven papers to strengthen audit standards
IN AN EFFORT to improve audit quality, the National Financial Reporting Authority (NFRA) is set to release a series of papers addressing critical areas of statutory audits.
1 min
Pan-India crop survey to go digital by FY26
● 436 districts used digital crop estimation in kharif 2024
2 mins
Coal Import Rises 2% to 182 MT in April-Nov
India's coal import rose by 2% to 182.02 million tonne (MT) in the April-November period of the current fiscal year.
1 min
Nepal to consider request for import of dairy products
INDIA HAS FLAGGED concerns over the problems faced by its milk exporters in Nepal, with the neighbouring country agreeing to explore the possibility of facilitating imports of specific products like whey and cheese, an official statement said on Sunday.
1 min
Bangladesh Expresses Concern Over Border Tension
FOREIGN SECRETARY MD Jashim Uddin on Sunday expressed Bangladesh's \"deep concern\" over the recent border tensions during a meeting with Indian High Commissioner Pranay Verma at the foreign ministry here.
2 mins
Indian Youth Will Drive Development Over Next 25 Years
TO MAKE INDIA a developed nation by 2047, it is imperative for the country to set big goals and for the youth to step outside their comfort zones, said Prime Minister Narendra Modi at the Viksit Bharat Young Leaders Dialogue on National Youth Day on Sunday.
1 min
Trump 2.0, AI to influence global trade
GEOPOLITICAL TENSIONS, THE potential for a renewed US-led trade war under President-elect Donald Trump, rising sustainability-driven barriers, China's overcapacity in key sectors, and rapid advancements in AI will significantly impact global trade in 2025, according to experts.
2 mins
Govt to review Jan Dhan, other schemes
FINANCIAL SERVICES SECRETARY M Nagaraju is set to meet the heads of Public Sector Banks (PSBs) on Wednesday to assess the progress of key financial inclusion schemes.
1 min
Startup Backed by Andrew Ng Launches App for HMPV Risks
JIVI.AI, a healthcare startup founded by former BharatPe chief product officer Ankur Jain and GVK family promoter Sanjay Reddy, has launched an artificial intelligence (AI)-powered risk assessment platform for human metapneumovirus (HMPV).
1 min
Robust rural growth likely to continue for FMCG firms in Q3
With the high inflation still straining urban wallets, fast-moving consumer goods (FMCG) companies see faster sales volume growth continuing in the rural areas versus the urban regions in the December quarter.
2 mins
Hyundai Set to Drive in Creta EV on January 17
HYUNDAI MOTOR INDIA is all set to unveil its much-anticipated Creta EV at the Bharat Mobility Show in the Capital on January 17.
1 min
VCs pour money into NBFCs for stable growth
VENTURE CAPITAL (VC) INVESTMENTS in the non-banking financial companies (NBFCs) surged in 2024, marking a notable pivot towards safer, proven business models with clear exit opportunities.
2 mins
D2C space loses sheen as scaling-up challenges rise
• HUL's buyout talks with Minimalist highlight concerns
2 mins
Insurance reforms...
The proposal further mentioned that the requirement of net owned funds for foreign reinsurers is also proposed to be reduced from ₹5,000 crore to ₹1,000 crore.
1 min
JP Morgan Asks Staff To Return To Office Five Days A Week
US BANK JPMORGAN Chase on Friday asked its employees who are on hybrid work schedules to return to the office five days a week starting in March, an internal memo seen by Reuters showed, prompting hundreds of staff comments, including complaints.
1 min
Government Invites Musk...
The policy also proposes reduced import duties for automakers who commit to investing a minimum of $500 million (approximately ₹4,150 crore) in India, along with achieving 25% DVA within three years of operations and 50% by the fifth year.
2 mins
LA wildfire pushes further to threaten Bel Air, Brentwood
THE DEVASTATING PALISADES Fire pushed to the northeast, prompting new evacuations in the ultra-affluent Southern California neighborhoods of Brentwood and Bel Air as the threat of more dry winds raised risks after a brief respite.
1 min
Apple Wants To Keep Diversity Programmes
APPLE'S BOARD OF directors recommended investors vote against a shareholder proposal to abolish the company's Diversity, Equity, and Inclusion (DEI) programs, according to a proxy filing from the company.
1 min
FPIs Withdraw ₹22,194 Cr in January Amid Weak Earnings
FOREIGN INVESTORS HAVE withdrawn ₹22,194 crore from Indian equities this month, driven by expectations of a weak earnings season, a steady rise in the US dollar, and concerns over tariff war during Donald Trump's presidency.
1 min
AMCs get ready with schemes to woo investors
SEBI'S NEW ASSET CLASS
2 mins
Trump's tariff talk puts mkts on edge
Trump's intention to raise tariffs to protect American trade was widely anticipated and largely factored in. However, his speech last week, hinting at the possibility of declaring a state of emergency to implement his sweeping tariff plans, caught markets off guard.
2 mins
Unsecured loan slippages may weigh on banks' Q3 earnings
BANKS ARE EXPECTED to see moderate compression in the third quarter due to an increase in slippages from unsecured loans, such as credit cards and microfinance.
2 mins
Withdraw NPS corpus in tranches
This reduces risk of taking out the money at a market low
3 mins
How 'final' are GDP estimates?
DRAWING FIRM CONCLUSIONS ON GDP NUMBERS BASED ON NSO'S FIRST ADVANCE ESTIMATES IS TRICKY
3 mins
In the name of nation-building
Normalising overwork in the pursuit of economic growth echoes dangerous historical precedents; corporate leaders must address systemic challenges rather than resort to rhetoric
4 mins
The Job Question
While employment numbers are no doubt up, the quality of jobs being generated is important
2 mins
Delta cracked the code for post-pandemic profits
DELTA AIR LINES' competitive moat is only growing wider and deeper. The Atlanta-based airline on Friday reported fourth-quarter earnings that beat expectations on sales and profit based on strong demand for the premium services — world-class lounges, free entertainment and food, comfortable seats, etc. — that flyers are more willing to pay for since the pandemic.
2 mins
Donning the war paint
● Minimalist is moving from innovation to scale
3 mins
Donning the war paint
● Minimalist is moving from innovation to scale
3 mins
Go(a)ing off the radar
Is brand Goa losing its appeal?
2 mins
From brass to bits: Over a century of auto innovation
● From horseless carriages to electric dreams on wheels
1 min
A Mahindra over a Mercedes-Benz?
● How well do these EVs compare with luxury electric cars
1 min
'We've gone all in on AI, putting it into our devices'
AT THE CONSUMER Electronics Show (CES) in Las Vegas, Dell announced a new lineup of AI-powered PCs, accompanied by a rebranding effort aimed at simplifying the brand and making it easier to distinguish between different offerings.
2 mins
Good audio on a budget
The headset has a compact and comfortable design
1 min
A digital shield in a volatile world
Companies need to build robust cyber practices
2 mins
Now, unplug those bulky chargers
● It supports fast charging and has a compact form
1 min
Unreal is the new real
● For the first time, a car ad film has been shot without a car
2 mins
A cool blend of speed & power
● The phone is fluid, snappy & responsive in everyday use
2 mins
40% Govt Tenders Can't Comply With 'Make in India' Rules
Enforcing the 2017 Make-in-India order in government procurement is easier said than done.
2 mins
Anthem row intensifies in Tamil Nadu as Governor slams CM
A row between Tamil Nadu Governor R N Ravi and Chief Minister M K Stalin escalated on Sunday after Ravi accused the latter of \"arrogance,\" asserting that respect for the National Anthem and constitutional duties was non-negotiable.
2 mins
We see early signs of revival, but challenges remain, says TCS CFO
How are AI projects shaping returns?
1 min
IIT-K Steps In For Cyber Security At Maha Kumbh
WITH THE DIGITAL landscape changing considerably in the 12 years since Maha Kumbh was last held, the Uttar Pradesh government is anticipating a bigger threat this time from misinformation on social media and online frauds, and has roped in experts from IIT Kanpur to address these concerns.
1 min
Jaishankar will be representing India at Trump's inaugural
EXTERNAL AFFAIRS MINISTER S Jaishankar will represent India at the January 20 inauguration of US President-elect Donald Trump.
1 min
A fresh take on gifting
FERNS & PETALS MUST OFFER A BIGGER BOUQUET
3 mins
SpaDeX: Isro brings satellites within 3-metre in trial attempt
MOVING TO ATTEMPT docking in space, the Indian Space Research Organisation (Isro) brought two SpaDeX satellites as close as 3 metres to each other Sunday morning.
2 mins
Bumrah set to miss league stage of Champions Trophy
IN A SETBACK for India, strike bowler Jasprit Bumrah is likely to miss the group stage of next month's Champions Trophy due to health reasons.
1 min
Devajit, Prabhtej elected BCCI secretary, treasurer
DEVAJIT SAIKIA, an advocate and a former wicket-keeper batsman from Assam, would succeed Jay Shah as the new secretary of the Indian cricket board (BCCI). He was elected unopposed—a poll was not contested as there were no contestants, electoral officer A K Joti stated in his declaration of results—to the seat left vacant after Shah assumed the office of the International Cricket Council chairman in December last year.
2 mins
Financial Express Kolkata Newspaper Description:
Publisher: The Indian Express Ltd.
Category: Newspaper
Language: English
Frequency: Daily
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