Financial Express Lucknow - March 21, 2025
Financial Express Lucknow - March 21, 2025
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In this issue
March 21, 2025
PLI Scheme Boosts Exports in Auto, Medical Equipment Sectors
THE PRODUCTION LINKED incentive (PLI) scheme has begun to show a significant impact in key sectors such as auto components and medical equipment, with exports rising steadily and imports contracting, according to an analysis by the commerce ministry.
1 min
Fasal Bima benefits to farmers 5 times premium paid by them
OVER ₹1.78 LAKH crore has been paid to farmers under the Pradhan Mantri Fasal Bima Yojana (PMFBY) between its 2016 launch and FY14, according to official data, reports Sandip Das.
1 min
Kerala's share doubles after Covid slump
GCC nations cede ground as US, UK and Canada gain
1 min
Govt panel pulls up food processing ministry for under-spending
Only 40% of FY25 RE spent so far
1 min
India & UK 'very close' to free trade pact after years of delay
INDIA AND THE UK are \"very close\" to agreeing a long-awaited free trade agreement just weeks after the two countries restarted talks, a senior Indian diplomat said.
1 min
Services Exports May Surpass Merchandise Shipments in FY26
The services sector should aspire to overtake merchandise exports in the next financial years as the goods trade faces headwinds in the current scenario, commerce and industry minister Piyush Goyal said on Thursday.
1 min
GST data to be used to peg GDP in new series
The National Statistical Office (NSO) may incorporate Goods and Services Tax Network (GSTN) data into GDP computation as part of the new national income series, which will be unveiled in the next financial year.
2 mins
Academia, startups must tie up: Vaishnaw
UNION MINISTER ASHWINI Vaishnaw on Thursday urged academia, startups, students, and researchers to come together to develop new solutions and shed the old mindset that the government should do everything.
1 min
X sues govt for using IT Act to 'block' content
ELON MUSK'S SOCIAL media platform X (formerly Twitter) has filed a lawsuit against the Central government challenging the use of section 79 (3) (b) of the Information Technology Act, 2000, to issue blocking orders, claiming that it leads to creation of a \"parallel\" and \"unlawful\" content censorship regime.
1 min
There's Lot of Untapped Potential in Indian Market
Retail jewellery segment remains largely untapped, presenting a significant opportunity for major gems and jewellery companies.
2 mins
IndiGo chases top customers for expansion
INDIGO, THE COUNTRY'S largest carrier, is expanding its business class offerings with long-haul international flights.
1 min
Adani in advanced talks to buy Emaar's India unit for $1.4 bn
BILLIONAIRE GAUTAM ADANI'S group is in advanced talks to acquire real estate company Emaar India for an enterprise value of around $1.4-1.5 billion as it looks to expand its property business, according to sources.
1 min
Accenture raises FY25 revenue guidance on better AI demand
CEO says no major hike in clients' budgets
1 min
Startups, investors bet big on rural commerce
Internet penetration, UPI major factors to push this trend
2 mins
ARAI to probe Ola Electric sales figure mismatch, consumer complaints
The Heavy Industries Ministry has directed Automotive Research Association of India (ARAI) to probe the mismatch between Ola Electric's reported sales figures and actual vehicle registrations along with numerous consumer complaints against the Bhavish Aggarwal-owned electric two-wheeler maker and submit a report within 15 days, sources said.
1 min
Lamborghini India sales up 10% in '24
SUPER-SPORTS CARMAKER
1 min
Hindalco to Invest ₹45,000 Crore in Expansion Across Segments
HINDALCO WILL INVEST ₹45,000 crore over the next three years across its aluminum, copper, and specialty alumina businesses, Aditya Birla Group chairman Kumar Mangalam Birla said on Thursday.
1 min
Modest salary hikes in store for IT employees
THE PERFORMANCE APPRAISAL cycle for FY25 is set to bring modest salary increments for IT employees, with an average hike of around 5% for the bulk of the workforce.
2 mins
Tata Comm unveils integrated unified cloud offering Vayu
TATA COMMUNICATIONS HAS repositioned its cloud services and products under a unified offering called Tata Communications Vayu as part of its digital fabric strategy.
1 min
Kristy Coventry elected first female president of IOC
KIRSTY COVENTRY WAS elected president of the International Olympic Committee on Thursday and became the first woman and first African to get perhaps the biggest job in world sports.
1 min
BoE Keeps Benchmark Rate Stable at 4.5%
THE BANK OF ENGLAND held interest rates at 4.5% and warned against assumptions that they would be cut over its next few meetings as it grappled with deep uncertainty hanging over the British and world economies.
1 min
Stanford, Harvard grads seek China AI startup jobs
Graduates from top US schools including Harvard University and Stanford University are flooding an up-and-coming Chinese AI startup with resumes after DeepSeek's debut earlier this year helped elevate the profiles of fellow emerging technology builders in China.
1 min
Fed in no rush to cut rates, Trump disagrees
The Trump administration's initial policies, including extensive import tariffs, appear to have tilted the US economy toward slower growth and at least temporarily higher inflation, Federal Reserve Chair Jerome Powell said on Wednesday, drawing the ire of President Donald Trump.
2 mins
Ukraine Strikes Russian Airfield
UKRAINE STRUCK a major Russian strategic bomber airfield on Thursday with drones, triggering a huge blast and fire about 700 km (435 miles) from the front lines of the war, Russian and Ukrainian officials said.
1 min
EU delays retaliatory tariffs on US goods to mid-April
THE EUROPEAN UNION has delayed its first counter-measures against the United States over President Donald Trump's metals tariffs until mid-April, allowing it to re-think which US goods to hit and offering extra weeks for negotiations.
1 min
Prudential & HCL Group form JV for health insurance
• UK-based firm to hold 70% stake
1 min
Merchants pay us for the value we provide to them
Having designed and built the BHIM and Namma Yatri apps and several B2B payments products for merchants, JusPay Technologies is betting big on Hyperswitch, its latest launch in the overseas market.
3 mins
Bajaj Finance Elevates Rajeev Jain to VC; Anup Saha Named MD
NON-BANKING FINANCIAL COMPANY (NBFC) Bajaj Finance on Thursday promoted Rajeev Jain to the post of vice chairman and executive director, and named Anup Kumar Saha as his successor in the post of managing director.
1 min
Market correction to force firms to rework IPO plans
THE CURRENT MARKET correction may force companies which have filed draft red herring prospectus (DRHP) with the Sebi to rework their plans, Yatin Singh, CEO of investment banking at Emkay Global Research, said on Thursday.
1 min
Rupee rally continues, hits two-month high
THE RUPEE ROSE to a two-month high on Thursday, advancing 26 paise to 86.185 against the US dollar, aided by weaker dollar index—the lowest in 2025.
1 min
Investors gain ₹17L cr in 4 market sessions
BENCHMARK INDICES CLOSED sharply higher on the weekly expiry day, extending their winning streak for the fourth consecutive session amid firm global cues.
1 min
We believe we can consistently grow at 15-20% annually
Sundaram Finance remains confident of achieving a 15-20% growth in its loan portfolio despite a slowdown in sales in the commercial and passenger vehicle segments—its key growth areas.
2 mins
Trump's ceasefire bet
ELL INTO HIS second presidency, Donald Trump is busy rewriting the rules of political theatre at home and global diplomacy abroad.
3 mins
Customer is king
In the race to increase customers and balance sheet size, banks and NBFCs can't ignore service quality
2 mins
Cities designed as air-conditioned hell
Our cities must embrace stricter building codes mandating climate-responsive designs and rethink relationship between architecture, climate, and energy
3 mins
Corridor of uncertainty
The Damocles' sword hangs over ₹700 cr worth of ad money
3 mins
India likely to cut tariffs, says Trump
\"INDIA AND EVERYBODY would think of them as an ally. I can say the same for others. But this is a group of wonderful nations that is countering others that look to hurt us,\" he added.
1 min
Husain's work sells for over ₹100 cr, sets record
LEGENDARY PAINTER MF Husain's Untitled (Gram Yatra), billed as one of his most important and sizeable works from the 1950s, went for $13.8 million (over ₹118 crore) at an auction, setting the new record for the most expensive work of modern Indian art.
1 min
Akasa hits air pocket with Boeing delivery delays leaving pilots idle
FRUSTRATION IS BUILDING inside the country's newest airline, Akasa Air, with top executives privately criticizing Boeing for delayed plane deliveries and scrambling to assuage hundreds of anxious pilots who remain idle without work.
2 mins
BIS Raids Warehouses of Amazon, Flipkart, Others
Multiple Items Found Lacking the Mandatory Certification
1 min
Financial Express Lucknow Newspaper Description:
Publisher: The Indian Express Ltd.
Category: Newspaper
Language: English
Frequency: Daily
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