Financial Express Lucknow - April 17, 2025
Financial Express Lucknow - April 17, 2025
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In this issue
April 17, 2025
Above-normal monsoon to spur rural demand
THE FORECAST OF \"above-normal\" southwest monsoon rains by the India Meteorological Department (IMD) has raised hopes of robust production of major crops, including rice, pulses, cotton, maize and sugar, as well-dispersed and timely rains would ensure improved yields and price stability, major agricultural companies have stated.
1 min
JD Vance Set for India Visit, to Meet Modi
US VICE-PRESIDENT JD Vance will be in India on an official-cum-personal visit next week as both countries work on forging a new relationship in trade.
1 min
Agri, processed food exports rise 13% to $25 bn
GROWING DEMAND
2 mins
Medical device makers seek 7.5% import duty
RISING \"INDIRECT IMPORTS\" from China, coupled with falling exports, have prompted domestic medical device manufacturers to seek commerce and industry minister Piyush Goyal's intervention to safeguard their interests.
1 min
Global goods trade to contract 0.2% in 2025 on tariff war: WTO
THE GLOBAL MERCHANDISE trade volume is expected to contract by 0.2% on year in 2025 as against the earlier projection of 2.7% expansion, due to the global tariff war triggered by the US, according to the World Trade Organization (WTO).
2 mins
Centre May Target Asset Monetisation of ₹2L Cr in FY26
THE CENTRE MAY set an asset monetisation target of ₹1.9-2 lakh crore in FY26 under the second phase of the National Monetisation Pipeline (NMP), with a focus on sectors such as roads, power, railways, and coal and mines.
2 mins
AMNS India looks to reduce CO2 intensity of finished steel
AMNS INDIA LOOKS to bring down its CO2 intensity under 2.2 tonnes per tonne of finished steel in line with the government's Green Steel Taxonomy, which is expected to be rolled out in FY27, senior company officials said on Wednesday.
1 min
BluSmart Halts Services in Key Cities Amid Financial Crisis
RIDE-HAILING PLATFORM BluSmart, has abruptly halted new bookings in key parts of Delhi-NCR, Mumbai, and Bengaluru, triggering fresh concerns over the company's future.
1 min
Indian carriers to fly youngest fleet in 5 years, emit the least: Industry
INDIAN CARRIERS WILL be flying the youngest fleet in the world in the next five years and become the least emitters from being the third largest emitter now, top aviation industry leaders said on Wednesday.
1 min
IndiGo Adds Non-Stop Europe, Africa Flights on Travel Boom
INDIGO PLANS TO add more direct flights to Europe and Africa amid a boom in outbound tourism in India, as the country's biggest airline taps a long-haul strategy that has historically yielded mixed results for low-cost carriers.
1 min
India's air passenger growth may outpace China's in 2026: ACI
THE GROWTH RATE of India's air passenger traffic appears set to overtake that of China in 2026, and the former is likely to be the world's fastest-growing large aviation market over the next three decades, per projections from global airports industry body Airports Council International (ACI).
1 min
Wipro adds 10,000 freshers in FY25
Company added 614 employees in Jan-Mar quarter
2 mins
Google Blocks 5.1 Billion 'Bad' Ads in 2024
Tech giant Google on Wednesday said it had blocked more than 5.1 billion \"bad\" (policy-violating) ads in 2024, using advanced AI capabilities, including large language models such as Gemini.
1 min
Panasonic Eyes 10% of AC Market in 3 Years
PANASONIC LIFE SOLUTIONS India is aiming to increase its share in the country's air-conditioner market to 10% in the next three years, from 7.5% currently, its Chairman Manish Sharma said on Wednesday.
1 min
Manufacturing, realty demand high: Salesforce
Firm bullish on retail, consumer goods in India
2 mins
Paytm CEO surrenders ESOPs worth ₹1,800 cr
FINTECH FIRM ONE97 COMMUNICATIONS' managing director and chief executive officer Vijay Shekhar Sharma has voluntarily surrendered 21 million shares worth about ₹1,800 crore, according to a regulatory filing and share closing price of the company.
1 min
ICICI Bank cuts savings account rates by 25 bps
ICICI Bank, the second-largest private sector lender, on Wednesday reduced interest rates on its savings accounts by 25 basis points (bps), following similar moves by HDFC Bank and Axis Bank.
1 min
Gold sizzles, scales fresh peak of ₹98,100; silver gains too
GOLD PRICES SOARED by ₹1,650 to hit an all-time high of ₹98,100 per 10 gram on Wednesday amid a global rush for safe-haven buying, triggered by an escalated trade war between the US and China.
1 min
Indices Extend Rally for Third Session
Oil and gas, banks top sectoral gainers; auto, pharma lag
1 min
RBI Cancels 14-Day VRR Again, Fuels Policy-Shift Speculation
Change in the Air
1 min
Dollar back under pressure, safe havens shine
Confidence Shaken
2 mins
MFs Pare Holdings in IndusInd; FPIs, Retail Investors Add
MUTUAL FUNDS HAVE cut their exposure to IndusInd Bank to 27.55% in the January-March quarter, from 30.31% in the October-December quarter.
1 min
Nvidia Faces $5.5 Billion Charge as US Restricts Chip Sales to China
NVIDIA ON TUESDAY said it would take $5.5 billion in charges after the US government limited exports of its H20 artificial intelligence chip to China, a key market for one of its most popular chips.
1 min
Trump Holds Tariff Talks With Japan
PRESIDENT DONALD TRUMP said he will personally attend a meeting of Japanese and US trade officials on Wednesday, a surprise move that underlines his eagerness to oversee negotiations triggered by his barrage of tariffs on global imports.
1 min
Top UK court rules legal definition of woman refers to biological sex
BRITAIN'S HIGHEST COURT ruled on Wednesday that only biological and not trans women meet the definition of a woman under equality laws, a landmark decision greeted with concern by trans supporters but welcomed by the government as bringing clarity.
1 min
ESG disclosures review likely
Sebi asked the largest 250 firms to start disclosing sustainability metrics for 75% of their supply chain partners along with an assurance of their accuracy from fiscal year 2025-26.
1 min
US growth likely slowing in Q1: Powell
US ECONOMIC GROWTH appears to be slowing, with consumer spending growing modestly, a rush of imports to avoid tariffs likely to weigh on estimates of gross domestic product, and sentiment souring, US Federal Reserve Chair Jerome Powell said on Wednesday.
1 min
Nvidia Kept Chinese Customers in the Dark on New US Chip Curbs
NVIDIA DID NOT warn at least some major customers in advance about new US export rules it was told about a week ago requiring it to obtain licenses to sell its China-focused artificial intelligence chip, according to two sources familiar with the matter.
1 min
Li Chenggang China's new trade envoy
CHINA'S ECONOMY SHOWED surprising strength in early 2025 thanks to consumer subsidies and a rush of export shipments to beat tariffs, although an impasse with Donald Trump over the trade war is darkening its outlook and fueling calls for stimulus.
2 mins
King dollar's reign looks secure, for now
LIBERATION DAY is barely a fortnight ago, and the jolt is taking its place in the annals of modern history.
3 mins
A spur to Chinese influence
The disruptiveness of Donald Trump's tariff war, launched on April 2, has hit the emerging economies of Southeast Asia.
4 mins
Not ready for zero tariffs
Although overall levels would be lowered, India still needs to keep reasonable duties
2 mins
Source of clean power or controversy?
A global race for nuclear augmentation is on. Over 40 countries are expanding capacity, which will treble nuclear energy availability by 2050
3 mins
Jaggi mantra: Take institutional loans...
Sebi also uncovered evidence of market manipulation.
2 mins
Justice BR Gavai to be the next CJI
CHIEF JUSTICE OF India Sanjiv Khanna on Wednesday recommended Justice BR Gavai, the second most senior Judge in the Supreme Court, as his successor.
1 min
The warring 'Ram' & 'Lakshman'
THE MOTHER FINALLY BECOMES THE PEACEMAKER
3 mins
Financial Express Lucknow Newspaper Description:
Publisher: The Indian Express Ltd.
Category: Newspaper
Language: English
Frequency: Daily
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