Financial Express Kolkata - April 21, 2025
Financial Express Kolkata - April 21, 2025
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In this issue
April 21, 2025
MTNL Defaults on ₹8,346-cr Bank Loans
SINKING FURTHER
1 min
Jan Dhan deposits rise to ₹2.63 lakh crore
Avg balance per account at ₹4,760
2 mins
Govt Clears Maize Cluster Project in UP
IN A FIRST-OF-ITS-KIND initiative to strengthen agricultural value chains through the public-private partnership model, the ministry of agriculture has approved a proposal by Ninjacart, an agri-supply chain platform, to develop a maize cluster in Uttar Pradesh.
1 min
Wheat arrivals, purchases gain pace
WITH JUST THREE weeks into the wheat procurement season for 2025-26 (April-June), government purchase operations under the minimum support price (MSP) mechanism have gathered significant momentum.
1 min
Railway freight growth slows as 'non-coal' baskets turn sluggish
• Network constraints, competition from trucks key issues
2 mins
India and US to solve steel, aluminium tariff issue bilaterally
Officials to meet next week
1 min
Draft Proposes Reshaping of US State Department
A DRAFT TRUMP administration executive order circulating among US diplomats proposes a radical reduction to and restructuring of the State Department, according to a copy of the document seen by Bloomberg.
1 min
Russia, Ukraine accuse each other of breaking Easter ceasefire
RUSSIA AND UKRAINE blamed each other on Sunday for breaking a one-day Easter ceasefire declared by President Vladimir Putin, with both sides accusing the other of carrying out hundreds of attacks.
2 mins
Japan Looks to Car Safety Rules for US Deal
JAPAN IS LOOKING into reviewing its car safety standards as the country seeks to strike a trade deal with US President Donald Trump, Japanese business daily Nikkei reported on Sunday.
1 min
Amid rising geopolitical tensions, countries shore up digital defenses
Cyber Proofing
1 min
Vertex Ventures steps up India bets; eyes AI, fintech deals
VERTEX VENTURES' SOUTHEAST Asia and India-focused fund has ramped up its investment activity in India, with a focused approach on AI-led businesses, fintech, and consumer brands.
1 min
Traveltech startups get a spiritual lift
SPIRITUAL TOURISM IS turning out to be a key revenue contributor for traveltech startups.
1 min
Consumer startup growth isn't at deep tech's expense
Fireside Ventures, an early backer of D2C brands such as Mamaearth and boAt, is now eyeing opportunities in the travel and sustainability space. In this interview, co-founder and partner VS Kannan Sitaram tells Narayanan V about its fundraising plans, slowdown in consumer startup IPOs and more.
3 mins
Over the next year, we aim to reach a million women in AI
Over 15 years ago, Kirthiga Reddy became the first employee and managing director of Facebook India (now Meta).
2 mins
Pratilipi targets scripting a new expansion story, starting with US
A New Chapter
1 min
IT paradox: Deals surge but growth to be tepid
Macroeconomic uncertainties & tariff fallout key concerns
2 mins
JSW Energy to achieve 20 GW target before 2030 deadline
JSW ENERGY WILL revisit capacity addition commitments made previously as it expects to reach the aggregate target a few years ahead of the deadline.
1 min
Stellapps' mooMark rides private label boom for growth
DAIRY TECH STARTUP Stellapps, which was originally focused on providing a full-stack Internet of Things (IoT) platform to optimise the milk supply chain, has now found a sweet spot — contract manufacturing of private label dairy products for quick commerce, e-commerce, D2C and FMCG players.
1 min
AI tools helping retailers upsell faster: Zebra Tech
RETAILERS IN INDIA are turning to artificial intelligence and real-time data tools to avoid stockouts, boost sales, and meet customer expectations, Thiruppathi Subramaniam, senior regional sales manager, India & Subcontinent at Zebra Technologies told FE.
1 min
Prestige looks to double residential launches
Prestige Estates Projects is looking to double its residential launches in FY26.
1 min
Pilgrim forays into B2B, aims to tap into 80,000 salons
DIRECT-TO-CONSUMER SKINCARE AND beauty brand Pilgrim has started a B2B vertical under its salon professional division and will launch the first line of products in May, co-founder Anurag Kedia told FE.
2 mins
FPIs Turn Net Buyers, Inject ₹8,500 Crore Last Week
FOREIGN INVESTORS HAVE infused nearly ₹8,500 crore in the country's equity markets last week, after a phase of heavy outflows earlier in the month, supported by renewed investor confidence, resilient domestic economy and relative insulation from global trade disruptions.
1 min
Sebi Finds No Manufacturing at Gensol's EV Plant in Pune
MARKETS REGULATOR SEBI has said it found \"no manufacturing activity\" at Gensol Engineering's electric vehicle (EV) plant in Pune with only 2-3 labourers present when a National Stock Exchange (NSE) official visited the site.
1 min
CASA ratio to improve with lag amid falling rate: HDFC CFO
Despite the Reserve Bank of India's (RBI) 50 basis point repo-rate cut over the past three months, banks' current account savings account (CASA) ratios are unlikely to climb immediately, said Srinivasan Vaidyanathan, chief financial officer, HDFC Bank.
2 mins
Nifty rally catches investors by surprise
THE NIFTY RALLIED 4.48% during the holiday-truncated week, closing at 23,851 on Thursday.
2 mins
'Opt for flexi-cap funds to make the best of uncertain times'
Are there any specific themes or sectors that you are favouring currently?
1 min
Shaping the future of learning
• India can provide teachers for the world: Cambridge
1 min
Readying skilled graduates
• THE gNIIT IS NOW AVAILABLE ONLINE
1 min
Let's make making culture prevalent
To make the manufacturing sector stronger, we need to make the 'making culture' prevalent in India, says Arunkumar Pillai, the director general of the New Age Makers' Institute of Technology (NAMTECH), an educational initiative of ArcelorMittal Nippon Steel India.
1 min
White House Just Kicked a World Cup Own-Goal
A day at the soccer pitch should offer a nice distraction from trade wars and tariff talk.
3 mins
Troubling questions
It may be a good idea for the SC to examine the unintended consequences of its ruling
2 mins
Greenwashing: A fraud on all stakeholders
Without stricter regulations, straightforward guidelines, sizeable penalties, and auditing responsibilities, companies will continue to pass frauds as an illusion of consciousness
3 mins
How HIT is making a killing
INNOVATION HAS BEEN THE CORNERSTONE OF GODREJ CONSUMER'S GROWTH PLAN FOR THE BRAND
3 mins
Plenty of juice to last an entire day of heavy use
• IQOO Z10 is a slim & fast phone with long battery life
2 mins
Bringing AI to the mainstream
HIRANANDANI GROUP-PROMOTED YOTTA Data Services is playing a key role in advancing India's AI ecosystem with its cloud and data centre solutions, fast-tracked by Nvidia's advanced GPUs (graphics processing unit) and AI technologies.
2 mins
Cong to use BJP MP's remarks in its Constitution campaign
STEPPING UP ITS offensive on the government over BJP MP Nishikant Dubey's remarks on the judiciary, the Congress on Sunday said it was an \"attack on the Constitution\", even as party insiders said they would look to draw the people's attention towards such issues during the party's nationwide \"Samvidhan Bachao\" campaign.
1 min
Jal Shakti wants ₹2.79 lakh crore extra for 'har ghar jal' scheme
NARENDRA MODI ON August 15, 2019, aimed to provide tap connections to about 16 crore rural households to achieve saturation coverage by December end 2024.
1 min
Govt audit red-flags financial irregularities
AN INTERNAL AUDIT BY the education ministry has uncovered financial irregularities of almost ₹5 crore at the Indian Council for Historical Research (ICHR), prompting the government to identify more than 10 officials of the body for disciplinary action,
1 min
Half of installed power capacity...
DISCOMS ARE TAKING time in understanding whether generation profiles fit into their scheme of things.
3 mins
Vance's 4-day visit: Trade deal, tariff talks on the cards
PRIME MINISTER NARENDRA Modi will host a dinner for US Vice President JD Vance on Monday, as he begins his four-day visit to India.
2 mins
Famed Sherpa guide to climb Everest for 31st time
ONE OF THE greatest mountain guides will attempt to scale the world's highest peak for the 31st time — and possibly the 32nd time as well — and break his own record.
1 min
IPL: How Cops Track Snatchers, Dogs at Chepauk
AROUND 35,000 PEOPLE flocked to the MA Chidambaram Stadium — also known as Chepauk — to watch the MS Dhoni versus Virat Kohli duel on March 28.
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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