Financial Express Lucknow - March 07, 2025
Financial Express Lucknow - March 07, 2025
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In this issue
March 07, 2025
Govt Offloads 3 MT Wheat in Market in FY25
The government's market intervention through the sale of surplus wheat stock in the open market for the current fiscal has come to an end, with the Food Corporation of India (FCI) offloading 3 million tonnes (MT) of the grain.
1 min
Insolvency board mulls more regulatory changes
Even as the amendments to the Insolvency and Bankruptcy Code (IBC) are getting delayed, the Insolvency and Bankruptcy Board of India (IBBI) is planning a slew of regulatory changes to enhance the efficiency of the resolution process.
3 mins
US Crude Imports Hit 2-Year High in Feb
INDIA'S IMPORT OF US crude oil in February rose to its highest level in over two years after Indian refiners sought alternative supplies for crude oil after the nation's latest sanctions on Russian producers.
1 min
MSMEs need to be integrated into larger supply chains: Bery
THE MICRO, SMALL and medium enterprises (MSMEs) need to be integrated into larger supply chains to drive real competitiveness and achieve a 7-8% growth, Niti Aayog vice-chairman Suman Bery said on Thursday.
2 mins
Taxpayers Declare Foreign Assets Worth ₹29,000 Cr
Declarations Come After CBDT Rolled Out Awareness Campaign
2 mins
Will protect interest of exporters in trade talks with US: FM
WITH THE DONALD TRUMP administration threatening to impose reciprocal tariffs from April 2, finance minister Nirmala Sitharaman on Thursday said that commerce minister Piyush Goyal, who is currently in the US for bilateral talks, will seek to protect Indian exporters' interest.
1 min
Who is stopping you? Reclaim PoK, also part with China, says Omar
REFERRING TO EAM S Jaishankar's recent remarks on Pakistan-occupied Kashmir, J&K chief minister Omar Abdullah on Thursday asked who was stopping the Centre from reclaiming PoK.
1 min
Manmohan Singh's family approves site for his memorial
THE FAMILY OF late Prime Minister Manmohan Singh has given the government its written approval for his memorial on a 900 sq m plot in the middle of the complex of samadhis called the Rashtriya Smriti Sthal near Delhi's Raj Ghat.
1 min
India has done a good job on Kashmir: EAM
EXTERNAL AFFAIRS MINISTER S Jaishankar has said the Kashmir issue will be \"solved\" once the \"stolen part of Kashmir which is under illegal Pakistani occupation\" returns to India.
2 mins
We plan to nearly double our highway asset base in three years
IRB Infrastructure Developers (IRB), a leading integrated roads and highways infrastructure developer, is planning to nearly double its highway asset base to ₹1.4 lakh crore in three years, managing director Virendra D Mhaiskar tells Mukesh Jagota in an interview.
2 mins
Rajneet Kohli resigns as Britannia CEO
BRITANNIA INDUSTRIES ON Thursday announced that its chief executive officer (CEO) Rajneet Singh Kohli has resigned and will be relieved from his role on March 14.
1 min
Birla Opus steps on the gas with discounts, offers
BIRLA OPUS, THE paints venture of the Aditya Birla group, is offering nearly double the amount of price-offs or discounts on products, at 6-7%, compared to rivals such as Asian Paints and Berger, whose price discounts are at about 3-4% on its products, trade and industry sources have told FE.
2 mins
Airtel-Tata Play merger aims to challenge Jio's dominance
Will boost premium customer base and reduce churn
2 mins
Auto sales skid in February on poor demand, high inventory
Dampened Confidence
1 min
Ola Electric First 2W EV Maker to Bag PLI Incentives
Ola Electric, India's largest electric vehicle company, has achieved a significant milestone by becoming the first two-wheeler automotive electric vehicle (EV) manufacturer in the country to receive incentives under the Production Linked Incentive (PLI) Scheme for Automotive and Auto Component (PLI-Auto Scheme).
1 min
Green investments may be hindered by unsold projects
A GROWING NUMBER of planned renewable projects in the country are failing to secure prospective power buyers, threatening green energy goals, according to the Institute for Energy Economics and Financial Analysis.
1 min
Blinkit shifts to variable commission for sellers
New Rates
2 mins
We do not need to raise CNG prices
Mahanagar Gas plans to spend ₹1,000 crore in FY26 as capex compared with ₹800 crore in the current financial year.
1 min
Kalyani Samadhi Case Back in Court
The Kalyani family dispute about their mother's samadhi is back in court.
1 min
Brent extends decline in volatile trade
OIL PRICES MARGINALLY eased in choppy trade on Thursday with Brent still below $70 under pressure from trade tariffs between the US, Canada, Mexico and China, and OPEC+ plans to raise output.
1 min
India expensive, US go-to market for FPIs: UTI MF
Historically, from such levels, Indian markets have bounced back both in relative and absolute terms
3 mins
Market on recovery course, Jefferies and Citi optimistic
Historically, from such levels, Indian markets have bounced back both in relative and absolute terms
2 mins
RBI mulls tighter gold loan norms, end-use tracking
THE RESERVE BANK of India (RBI) plans to ask lenders to follow stricter underwriting processes for gold loans and monitor the end-use of funds as it tries to cool growth in the fast-growing segment, seven people, including industry sources and those aware of the regulator's thinking, said.
1 min
Indices rally for 2nd day, investor wealth surges by ₹4.5 lakh crore
Buoyed by falling prices of crude oil and a positive global sentiment, stock prices continued their upward move for the second consecutive day on Thursday.
2 mins
Leveraged bets shrink amid equities selloff
Downturn Effect
1 min
Yield softens to one-month low on liquidity push
Boosting Sentiment
1 min
Battery storage is here
REPORT BY JMK Research in 2023 commented on the rise of grid-scale energy storage systems (ESS) via demand-driven tenders, and how this was becoming important for the grid integration of renewables.
4 mins
Honda Could Get BYD-ed in Key Scooter Market
For the world's carmakers, the inexorable rise of Chinese electric vehicle-maker BYD and its local rivals in recent years has been a brutal lesson in disruptive innovation.
3 mins
The North-South Chasm
A mix of federal equity and efficient use of fiscal resources is the solution to delimitation row
2 mins
Finding the right fit
Reid & Taylor needs to shake off the heritage brand tag
3 mins
Boeing CEO Kelly Wants 'Brutal' Honesty From Workers
\"I want to hear what the employees have to say,\" Ortberg said during his second companywide address to Boeing workers on Wednesday. \"And what we'll do is we're going to put an action plan on those things, and I think they're going to be brutal to leadership, quite frankly.\"
1 min
Mexico gets tariff reprieve, Canada left in limbo
US PRESIDENT DONALD Trump on Thursday said Mexico won't be required to pay tariffs on any goods that fall under the United States-Mexico-Canada Agreement on trade until April 2, but made no mention of a reprieve for Canada despite his Commerce secretary saying a comparable exemption was likely.
1 min
Walmart Asks China Suppliers For Price Cuts
WALMART HAS ASKED some Chinese suppliers for major price reductions, with the US retail giant's efforts to shift the burden of President Donald Trump's tariffs facing strong pushback from firms in the Asian nation, according to people familiar with the matter.
1 min
TSMC Chief Assuages Worry About US Investment
TAIWAN SEMICONDUCTOR MANUFACTURING'S top executive stressed that the company's plan to spend an additional $100 billion in the US won't affect investments at home as he sought to reassure the Taiwanese public of its commitment.
1 min
India GPUs in 3-4 years, Says Vaishnaw
THE DATASETS PLATFORM, AI Kosha, which was launched on Thursday, will serve as a repository of anonymous and non-personal data, providing crucial resources for startups to train AI models.
1 min
Trump May Revoke Legal Status of Ukrainians Who Fled to US
US PRESIDENT DONALD Trump's administration is planning to revoke temporary legal status for some 240,000 Ukrainians who fled the conflict with Russia, a senior Trump official and three sources familiar with the matter said, potentially putting them on a fast-track to deportation.
1 min
US Trade Deficit Surges to Record in Jan
US weekly jobless claims drop
1 min
ECB cuts rates, keeps door ajar for more easing
The European Central Bank lowered interest rates for the sixth time since June and indicated that its cutting phase may be drawing to a close as inflation cools and the economy digests seismic shifts in geopolitics.
2 mins
CreditAccess Sees Loan Book Growth
CREDITACCESS GRAMEEN, THE country's largest microfinance lender, reported healthy loan book growth and improved asset quality, driven by better collections across states except Karnataka.
1 min
Blackstone, Sattva file for ₹7,000-cr REIT issue
Bigger The Better
2 mins
As Trump goes after universities, students start to feel fiscal pain
IN THE EARLY weeks of the Trump administration's push to slash funding that colleges and universities rely on, grants and contracts had been cut and, in a few cases, researchers had been laid off. In recent days, the fiscal pain has come to students.
3 mins
Fear of work-life imbalance holds back women from pursuing top roles
DESPITE PROGRESS IN workplace inclusivity, wage disparity based on gender remains a pressing issue in the country.
2 mins
Financial Express Lucknow Newspaper Description:
Publisher: The Indian Express Ltd.
Category: Newspaper
Language: English
Frequency: Daily
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