Financial Express Kolkata - February 10, 2025
Financial Express Kolkata - February 10, 2025
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In this issue
February 10, 2025
CPSE dividend receipts reach 91% of FY25 target
The Centre's dividend receipts from Central Public Sector Enterprises (CPSEs) and other investments have reached ₹50,000 crore, accounting for 91% of the annual target so far in the current financial year.
1 min
Govt looking at procedural easing to promote FDI
THE GOVERNMENT IS looking at further easing of procedures in certain sectors to attract more foreign direct investments (FDI) into the country, a government official said.
1 min
Projects worth ₹58,000 crore get support of agri-infra fund
TO BOOST POST-HARVEST facilities, the government has approved proposals worth ₹58,000 crore under the agri-infrastructure fund (AIF) for more than 92,000 projects since its launch four years back.
1 min
Govt asks retailers to cut prices as mandi rates of pulses soften
A RELIEF LIKELY
1 min
Customs reforms to avert tax disputes like Volkswagen
THE TIME FRAME for finalising provisional assessments by the customs department—introduced in the Budget for FY26—aims to provide greater certainty for businesses in taxation matters.
2 mins
India's refined oil products demand to peak later than other economies
India's refined product demand is expected to peak later than in other major economies, positioning the country as a key driver of global energy consumption, according to S&P Global Commodity Insights.
2 mins
Israel Withdraws Troops From Key Gaza Corridor
AS PART OF CEASEFIRE
1 min
We expect 70-100 IPOs this year
A decade ago, domestic capital accounted for just 3-5% of startup funding. The aim is to reach 30-40%
1 min
Agritech startup Arya.ag aims for ₹100-crore profit by FY26
AGRITECH STARTUP ARYA.AG, which secured $30 million in debt financing last month aims to be IPO ready by FY27.
1 min
Yotta to offer 15% discount on GPUs to match L1 offer
● Firm top supplier among the bidders for IndiaAI mission
2 mins
10-Minute Food Delivery May Not Be Viable: Experts
THE 10-MINUTE INSTANT food delivery segment, led by Zepto Cafe, Swiggy's Snacc, Blinkit's Bistro and emerging startups like Swish and Zing is the latest trend in the startup ecosystem.
2 mins
Workforce demand pushes startups for more training centers
Skilling Move
1 min
FPIs Withdraw ₹7,300 Cr From Equities in Feb
THE EXODUS OF Foreign Portfolio Investors (FPIs) from the Indian equity markets continued unabated, as they withdrew over ₹7,300 crore in the first week of this month due to global trade tensions, with the US imposing tariffs on countries such as Canada, Mexico, and China.
1 min
SBI Aims to Better CASA Ratio to 40% to Lower Funding Cost, Says Chairman
STATE BANK OF India (SBI) aims to bring back its current account-savings account (CASA) ratio to 40%, which will reduce costs and protect its net interest margins, chairman CS Setty said during an analyst call.
2 mins
Trump muddies the trade waters again
JUST WHEN THE global markets were coming to terms with Trump's disruptive trade policies, the US President announced his plan to impose reciprocal tariffs on countries, instead of a blanket tariff.
2 mins
Banks prefer cheaper Treps to call mkt
REGULATOR NUDGES BANKS TO TRADE AMONG THEMSELVES
2 mins
Ulip tax structure
This article focuses on data visualization and tables related to Ulip tax structure. There is no conventional lead paragraph.
1 min
'Indian students need not worry about crackdown on immigrants'
One of the world's foremost academics, Michael M Crow has been the president of the Arizona State University (ASU) since 2002, and was a speaker at last week's ASU+GSV & Emeritus Summit in Gurugram
2 mins
A Sign of Strategic Priorities
MEA BUDGET REFLECTS GEOECONOMIC SHIFT, BUT INSTITUTIONAL CHALLENGES PERSIST
4 mins
Fragile ceasefire in Gaza
Multi-phase deal threatened by US President's plans to 'take over' the Strip after fighting is over
2 mins
Citi Just Became Magnet for Ambitious Working Moms
A couple of weeks after Jane Fraser had her first child, she made partner at McKinsey & Co. She wanted some balance in her life, so the future Citigroup CEO decided to work part-time — an arrangement she maintained until she departed the consultancy for Citi in 2004.
3 mins
Watch, shop, repeat
● Amazon MX Player is relying on an ad-supported model
3 mins
An EV in the middle of nowhere
I started to drive the Creta Electric from Ahmedabad towards the Rann of Kutch, something striking caught my eye – the meter showed 431 km range at 92% charge.
4 mins
Supercharging ads
● Meta is expanding its AI toolkit to help optimise campaigns
2 mins
There is no AI without a good data strategy
INTERVIEW: VIJAYANT RAI, MD, SNOWFLAKE INDIA
2 mins
Improves indoor air & ensures better sleep
● A quiet operator that filters out dust, pollen & allergens
2 mins
Decoding Samsung's mobile AI play
● On-device AI marks a big push towards smarter devices
2 mins
Impressive sound quality
● These earbuds impress with their 43 hours playtime
1 min
It's Raining Discounts on Cars of 2024
TATA MOTORS, WHICH saw the biggest fall among its peers in wholesale (sales to dealers) volumes in January, has marginally increased offers on the Harrier and the Safari.
1 min
Saudi Project Draws Tata, Oberoi
THE $63.2-BILLION REAL estate development and tourism project aims to restore the historic birthplace of the modern Saudi kingdom and the site includes the Unesco World Heritage Site of At-Turaif.
1 min
31 Maoists killed in Chhattisgarh encounter
AT LEAST 31 Maoists, including 11 women, and two security personnel were killed in an encounter on Sunday at Indravati National Park in Chhattisgarh's Bijapur district.
1 min
Biren Singh quits as Manipur CM
SUBMITS RESIGNATION TO GOVERNOR
1 min
V2Retail's value fashion play
THE RETAILER IS FOCUSED ON THE ₹300 - ₹500 RANGE
3 mins
Trump's AI Plan, China's DeepSeek Overshadow AI Summit in Paris
THE GEOPOLITICS OF artificial intelligence (AI) will be in focus at a major summit in France where world leaders, executives and experts will hammer out pledges on guiding the development of the rapidly advancing technology.
1 min
Financial Express Kolkata Newspaper Description:
Publisher: The Indian Express Ltd.
Category: Newspaper
Language: English
Frequency: Daily
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