Financial Express Kolkata - March 10, 2025
Financial Express Kolkata - March 10, 2025
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In this issue
March 10, 2025
DPIIT seeks monthly industry data for 2022 onwards
TO FACILITATE THE compilation of a new series of the Index of Industrial Production (IIP) with an updated base year, the department for promotion of industry and internal trade (DPIIT) has requested participating manufacturing units to resubmit production data from 2022 onwards.
1 min
How India is powering up for a 270-GW summer
TO BEAT THE HEAT
3 mins
MSP purchases of pulses to get a leg-up
WITH MANDI PRICES of pulses falling below the minimum support price (MSP) after remaining elevated for two years, the government is set to ramp up procurement at benchmark rates.
1 min
Solar capacity addition of 90GW seen in 2 years
INDIA'S SOLAR CAPACITY addition is projected to reach 85-90 gigawatts (GW) between FY26 and FY27, with residential rooftop solar driving the expansion, according to a recent report by SBI Caps.
1 min
India, EU to Resume Trade Talks Today Amid Trump Tariff Jitters
India and the European Union (EU) will start the 10th round of negotiations for a bilateral free trade agreement (FTA) on Monday, with a clear deadline from its top leadership to finalize the pact by this year-end.
2 mins
States' Capex Likely Declined 6% in April-January
CAPITAL EXPENDITURES BY state governments likely fell 6% year over year in the first ten months of the current financial year despite the Centre's acceleration of capex loans to them, indicating a slowdown in states' own investments.
1 min
Changes in GST must be comprehensive
WITH FINANCE MINISTER Nirmala Sitharaman asserting that the GST rates will come down further, the Congress on Sunday said any changes in the tax must be more comprehensive than a mere rate reduction and stressed the need for a radically simplified and less punitive GST 2.0.
1 min
Rallies in Kolkata seeking justice for murdered RG Kar doctor
TWO RALLIES WERE held in Kolkata on Sunday, demanding justice for the doctor who was raped and murdered at the RG Kar Medical College and Hospital.
1 min
Govt Looks at Developing 'Smart Proteins'
Developing proteins in the laboratory to supplement the diet in households across the country is one of the areas in which the Department of Biotechnology is looking to fund research under the government's recently launched BioE3 initiative.
1 min
FPIs Pull Out Over ₹24,000 Crore From Equities
FOREIGN INVESTORS CONTINUE to pull back money from the Indian equity market, withdrawing ₹24,753 crore (about $2.8 billion) in the first week of March amid escalating global trade tensions and lacklustre corporate earnings.
1 min
16 Days After Tunnel Collapse in Telangana, One Body Recovered
ON THE 16th day of the search for the eight men trapped in a collapsed tunnel in Telangana, rescuers on Sunday recovered a body. It has not yet been identified.
1 min
Oppn may target govt on tariffs, delimitation
Budget, Waqf Bill Centre's priority; session till April 4
2 mins
Behind rollback of advisory on seeking govt nod for AI services: pushback from industry
ON MARCH 1, 2024, just months ahead of Lok Sabha elections, the IT ministry issued an advisory requiring artificial intelligence (AI) platforms to seek government permission before launching \"under-testing, unreliable\" services, only to go back on it a fortnight later.
2 mins
EPAM Systems expects fresh hires to be AI-literate
ENGINEERING SERVICES COMPANY EPAM Systems expects new hires, even juniors, to come with a certain level of AI literacy as it strengthens its talent base in India.
1 min
Delink GST on F&B from room tariffs, urges FHRAI
THE FEDERATION OF Hotel & Restaurant Associations of India (FHRAI) has urged the Centre to delink the goods and services tax (GST) levied on food & beverage services from the hotel room tariffs.
1 min
Middle class is evolving, not shrinking
Today, we see at least 7-8 distinct middle-class segments. While value-seeking remains a core trait, preferences are diverging
2 mins
Deeptech seeing gap in growth capital, lack of domestic money
OVER THE PAST few years, funding for climate-tech has remained a small fraction of overall startup investments.
2 mins
Zero tariff on US imports could boost India electronics market
A chance to attract manufacturers away from China: Experts
2 mins
Maruti Suzuki to discontinue Ciaz
IN A FIRST casualty for midsize sedans, Maruti Suzuki is set to discontinue the Ciaz, which was launched in 2014, sources told FE.
2 mins
Musk Calls on US to Exit NATO
BILLIONAIRE ELON MUSK threw his weight behind a US exit from NATO, saying on his social media platform that it \"doesn't make sense for America to pay for the defense of Europe.\"
1 min
Legacy coaching centers.
DESPITE ITS PLANNED merger with Think & Learn not materialising due to regulatory hurdles at Byju's, Aakash has absorbed a significant portion of Byju's tech workforce, integrating their expertise into its growing digital framework.
1 min
Tata Capital to File IPO Papers to Raise Over ₹17,000 Crore
FINANCIAL SERVICES FIRM Tata Capital is likely to file preliminary papers with markets regulator Sebi to raise $2 billion (over ₹17,000 crore) through an initial public offering (IPO) only after getting final approval from the NCLT for Tata Motors Finance merger with the company, according to sources.
1 min
Religare Withdraws NCLAT Petition Against CCI Order
RELIGARE ENTERPRISES HAS withdrawn its appeal at the NCLAT against a competition watchdog CCI order that allowed four Burman group entities to acquire a 5.27% stake in the financial services firm.
1 min
Nifty rides the wave: Is the tide turning?
THE NIFTY ENDED the week up 426 points, or 1.93%, at 22,552, marking its first weekly gain after three consecutive losses and the highest percentage gain since the week of December 6.
2 mins
Aptus Value Housing targets 30% AUM growth over 3-4 years: MD
CHENNAI-BASED APTUS VALUE Housing Finance plans to grow its assets under management (AUM) by 30% annually over the next three years, a senior company official said.
1 min
Retail credit growth halves as unsecured loans slow
RETAIL CREDIT GROWTH of banks slowed sharply to 12% in January 2025, down from 29% in January last year, primarily due to weaker growth in personal loans.
1 min
'Every person in every job role must know AI'
Two years since we first heard about ChatGPT, generative AI has evolved from a buzzword into a business essential, with 98% leaders wanting to speed up AI adoption within their organisations.
1 min
Why the ISB has started admitting freshers
• India's top B-school is starting PGP YL, application deadline for which is March 16
2 mins
Right time to pick tax-free bonds
• Post-tax returns are higher compared to fixed deposits
2 mins
Softening oil prices
The prospects for weaker demand amidst higher oil supplies will clearly weigh on prices
2 mins
Trump doctrine taking shape
Resident Donald Trump addressed a joint session of the US Congress on March 4 in the longest such session in modern American presidency.
4 mins
The Arjuna moment for electronics
In its trade negotiations with US, India will do well to draw lessons from Japan's rise and decline in semiconductors to maintain its trajectory in electronics manufacturing
4 mins
Looks small, but great pricing
Powered by a 249 cc engine, it is a miniature version of V-Strom (645 cc).
1 min
Riding on nostalgia
RETURN JOURNEY
3 mins
For a bigger canvas
Why Lifebuoy needs SRK as its new face
2 mins
Building AI platforms & products a far cry
THERE HAVE BEEN many naysayers in the last three decades who criticised Indian IT for only trading on its vast pool of trained manpower and putting them on client projects onsite and offshore.
1 min
Makes cooking swift & smart
• This appliance is ideal for modern kitchens & travel
1 min
India needs a workforce skilled in emerging tech
INDIA'S IT SECTOR stands at a critical inflection point.
1 min
Crackdown on broadcast of 'double-meaning' songs
DAYS AFTER a song by popular rapper Yo Yo Honey Singh kicked up a row in the state, the Bihar Police have ordered a crackdown on the public broadcast of \"vulgar\" Bhojpuri songs.
1 min
Rohit & Rahul shape India's third Champions Trophy title triumph
INDIA SEALED AN unprecedented third Champions Trophy triumph with an unblemished record as Rohit Sharma combined his inherent freedom with steely resolve to inspire his side to a four-wicket win in a closely-fought final against New Zealand, here Sunday.
1 min
Financial Express Kolkata Newspaper Description:
Publisher: The Indian Express Ltd.
Category: Newspaper
Language: English
Frequency: Daily
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