Financial Express Kolkata - March 08, 2025
Financial Express Kolkata - March 08, 2025
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In this issue
March 08, 2025
Cut tariffs to soften US levies, say gems units
WITH A 13-15% difference in tariffs between India and the US for diamonds, precious stones and jewellery, the reciprocal tariff plan could hit India's exports hard.
1 min
CCI Mulls Curbs on Investments by Staff
The Competition Commission of India (CCI) has issued draft guidelines to streamline the conduct of its employees.
1 min
Boost to 'Brand Bengaluru' in Siddaramaiah's 16th budget
IN HIS RECORD 16th budget with an outlay of over ₹4 lakh crore, Karnataka chief minister Siddaramaiah on Friday strongly defended his government's five guarantee schemes, laid stress on 'Brand Bengaluru', and targeted the Union government for the state's fiscal challenges.
1 min
Marine product, rice exporters jittery
INDIA'S MARINE PRODUCTS and rice exports and domestic poultry industry are likely to be impacted if the Trump administration imposes reciprocal duties on products imported from the country.
2 mins
Govt removes ban on exports of broken rice
The government on Friday lifted the ban on broken rice, which was imposed in September 2022.
1 min
Kearney India ex-head new HPCL CMD
Consultant Vikas Kaushal, the chairman and MD of HPCL for a period of five years, according to an official order.
1 min
Niti Aayog to identify assets for ₹10L cr monetisation plan
NITI AAYOG has started an exercise to identify the infrastructure projects for the ambitious second phase asset monetisation project announced in the Budget FY26.
2 mins
Output hike by OPEC+ to help cut India's import bill
THE PLAN OF Organisation of Petroleum Exporting Countries (OPEC) to increase oil production is expected to lower prices, benefiting India, given the country is a net importer of crude oil, analysts say.
1 min
Average pay hikes likely to be at 8.8% in 2025: Deloitte
AS INDIAN COMPANIES are focused on optimising compensation cost budgets while navigating global and local headwinds, the average increment is expected to be at 8.8% in 2025, Deloitte India said in a report on Friday.
1 min
Unilever CEO sees India sales bounce-back
Growth Seen in 2nd Half
2 mins
Office space absorption in APAC region picks up pace, rises 16%
LEASING REMAINS SUBDUED
1 min
GCCs cut IT service providers
AI, analytics, and product development move in-house
2 mins
Electric 2-wheelers: Bajaj Auto regains top position in Feb
RIDING HIGH ON the Chetak scooter, Bajaj Auto has reclaimed the top spot among electric two-wheelers in February.
1 min
Nasdaq Plans to Offer Round-the-Clock Trading
NASDAQ IS PLANNING to offer 24-hour trading on its equities exchange, the latest venue seeking to capitalize on growing global demand for US stocks.
1 min
Nifty logs best week in three months
THE BENCHMARK INDICES ended a three-week losing streak as the Sensex gained over 1,100 points (1.5%) and the Nifty rose over 420 points (1.9%) for the week ended March 7.
1 min
IndusInd CEO Kathpalia gets 1-yr extension
THE INDIA UNIT of Nippon Life Insurance is considering buying a minority stake in IndusInd Bank, people familiar with the matter said, with the aim of using the lender's network to expand sales of its insurance products.
1 min
Banks' Q4 treasury gains may get ₹4K-cr boost from OMOs
THE RESERVE BANK of India's (RBI) open market operation (OMO) purchases of nearly ₹2 lakh crore in February and March are likely to boost treasury gains of banks in the fourth quarter.
1 min
Muted response to VRR as liquidity woes ease
THE 14-DAY VARIABLE rate repo (VRR) auction on Friday received bids worth ₹8,375 crore, against the notified amount of ₹50,000 crore at a cut-off rate of 6.26%, indicating initial signs of ease in liquidity conditions.
2 mins
Lloyds shifting hundreds of skilled IT jobs from Britain to India
LLOYDS BANKING GROUP is hiring hundreds of IT engineers in India, while planning to cut hundreds of similar jobs in the UK, the Financial Times reported on Friday citing a person familiar with the plans.
1 min
Financial services see foreign outflow of $3.6 billion YTD
Flight Of Funds
1 min
Syria: Nearly 70 dead as security forces clash with Assad loyalists
AT LEAST 70 people were killed and dozens wounded in overnight clashes between the new authorities in Syria and gunmen loyal to the ousted dictator Bashar al-Assad, a war monitor said on Friday, in the bloodiest skirmishes since the collapse of the Assad government.
1 min
'No games' with Sunita Williams' hair: Trump
US PRESIDENT DONALD Trump had some words of appreciation for NASA's Indian-origin astronaut Sunita Williams' hair as he told a pair of stranded astronauts aboard the International Space Station that \"we're coming up to get you.\"
1 min
OpenAI, Oracle Eye Nvidia Chips for Stargate
OPENAI AND ORACLE plan to begin filling a massive new data center in Texas with tens of thousands of powerful AI chips from Nvidia in the coming months, part of a push to get the first facility for their $100 billion Stargate infrastructure venture up and running.
1 min
US Job Growth Picks Up in Feb
US JOB GROWTH picked up in February and the unemployment rate edged up to 4.1%, but growing uncertainty over trade policy and deep federal government spending cuts could erode the labor market's resilience in the months ahead.
1 min
Mexico, Canada Tariffs May Go Up Over Time
President Donald Trump said tariffs on Mexico and Canada could go higher than a 25% rate imposed earlier this week, injecting further uncertainty into trade policies that have rattled markets and left businesses on edge.
1 min
Trump's imposition of tariffs is two-faced, evil, says China
CHINA'S TOP DIPLOMAT accused Donald Trump of taking a hypocritical approach to bilateral ties and denounced tariffs, as tensions rise between the world's largest economies.
2 mins
EU Leaders Agree on Defence Surge, Support Zelenskyy
EUROPEAN LEADERS ON Thursday backed plans to spend more on defence and continue to stand by Ukraine in a world upended by Donald Trump's reversal of US policies.
1 min
SpaceX Giant Starship Rocket Explodes in Second Setback
SpaceX's mammoth Starship spun wildly out of control and broke apart during its eighth test flight, another setback for Elon Musk's company less than two months after its last mission ended with an explosion.
1 min
Trump Considering Sanctions, Tariffs on Russia Over Ukraine
US PRESIDENT DONALD TRUMP said on Friday that he is \"strongly considering\" imposing sanctions, including ones on banking, and tariffs on Russia until a ceasefire and peace agreement is reached with Ukraine.
1 min
How to hedge against AI stealing your job
Will artificial intelligence take my job? This question is really starting to preoccupy me and millions of other white-collar workers. There's even a word for it — FOBO, or fear of becoming obsolete — and, regrettably, our apprehension isn't entirely
3 mins
Reciprocal tariff turmoil
Trump and Lutnick's recent comments make India's task of clinching a bilateral trade deal really tough
2 mins
RBI must not fall for Trump's crypto circus
The RBI is fortifying India's financial future. If we allow crypto's speculative chaos to take root, we risk dismantling decades of monetary discipline
3 mins
She can ride, race, win
• We talked to three women champions, and why they love their motorcycles
1 min
Looks regal, flies like an eagle
On a racetrack, it behaves like a sports bike, confidently leaning into corner (Pirelli tyres are grippy)
2 mins
'Passion, creativity, skill make a good designer'
To be a good designer, previously you needed three traits—passion, creativity, and skill.
1 min
Don't sit on cash, invest in equity via STP
Systematic transfer plans protect against downside risk SAIKAT NEOGI
2 mins
Gender-responsive mobility key to women's economic empowerment
On the International Women's Day, March 8, Garima Sadhwani speaks with Chaitanya Kanuri, associate director of electric mobility in the sustainable cities programme at World Resources Institute (WRI) India, to talk about their latest report — 'Fare-free bus travel scheme for women: Lessons from Delhi' — on making cities more accessible for women.
2 mins
Gender pay disparities in tech industry continues
Despite progress in workplace diversity, women in the technology sector continue to face significant pay disparities and career advancement challenges, according to the ANSR-Talent500 Women in Tech Report 2025.
1 min
Empowering Women via NPS: A New Era of Financial Freedom
For decades, retirement has been envisioned as a phase where men enjoy their golden years, supported by a steady pension income.
3 mins
US court rejects Rana's extradition plea
THE US SUPREME Court has rejected Mumbai terror attack accused Tahawwur Rana's emergency bid to stay his extradition to India, prompting him to submit a renewed application to Chief Justice John Roberts.
1 min
Lalit Modi, architect of IPL, seeks to surrender Indian passport
INDIAN PREMIER LEAGUE (IPL) founder Lalit Modi has filed an application with the Indian high commission in London to surrender his Indian passport.
1 min
Women Finding Their Voice in Startup World
Out of the 118 unicorns, 22 have women founders: Tracxn report
2 mins
Financial Express Kolkata Newspaper Description:
Publisher: The Indian Express Ltd.
Category: Newspaper
Language: English
Frequency: Daily
The Financial Express brings the latest and breaking business news from Markets and Industries in India.
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