Financial Express Lucknow - April 30, 2025
Financial Express Lucknow - April 30, 2025
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In this issue
April 30, 2025
Weather warnings need to be prompt as extreme events rise
Prediction of extreme weather events such as hailstorms and downpour in specific locations still remains a challenge for the country.
2 mins
Reciprocal tariffs to put MSMEs under stress: India Ratings
IF THE US goes ahead with full imposition of reciprocal tariffs, it will exacerbate stress for micro, small and medium enterprises (MSMEs) but mid-sized companies have a greater cushion against unanticipated financial shocks, according to a study.
1 min
Risks from trade tremors warrant close monitoring: Finmin report
• Calls for domestic reforms, investment in manufacturing
1 min
Govt Likely To Provide Additional Wheat Under Free Ration Scheme
WITH BRISK PROCUREMENT this season on account of bumper crop prospects, the government is likely to provide additional allocation of wheat to states under the Pradhan Mantri Gareeb Kalyan Anna Yojana (PMGKAY).
1 min
US Puts India on IPR ‘Priority Watch List’
The US has grouped India, along with China and Russia, on a priority watchlist of nations against which it might take action for inadequate protection of intellectual property (IP) of American companies.
1 min
Paytm's First Games Set to Appeal ₹5.7k-cr Notice by GST
PAYTM'S GAMING ARM, First Games, will challenge the Goods and Services Tax (GST) authority's show cause notice about its tax liability of ₹5,712 crore, its parent One 97 Communications said in a stock exchange filing on Tuesday.
1 min
SBI to enhance banking services at 26 land ports
STATE BANK OF India (SBI) on Tuesday signed a memorandum of understanding with the Land Ports Authority of India (LPAI) to strengthen banking services infrastructure across 26 land ports bordering neighboring countries.
1 min
Private investments must for healthcare self-reliance: Nadda
IF INDIA HAS to become self-reliant in healthcare, the public and private institutions have to work hand in hand, Union health minister JP Nadda said on Tuesday.
1 min
Maharashtra, Gujarat Lead Composite State Rankings
Maharashtra topped the overall composite rankings of states prepared by the CareEdge Ratings, with the state leading in the financial development pillar and performing strongly across the economic, fiscal and social pillars.
1 min
BPCL's Q4 net falls 8% on weaker refining margins
STATE-OWNED BHARAT PETROLEUM (BPCL) on Tuesday reported a fall of 8% in its consolidated net profit for the last quarter of the financial year 2024-25 at ₹4,391.83 crore from ₹4,789.57 crore in the same period the previous fiscal.
1 min
Trent profit plunges 55%
Below Estimates
1 min
AWL Agri eyes more acquisitions to drive presence in food vertical
AWL AGRI BUSINESS, formerly called Adani Wilmar, is eyeing further acquisitions in categories such as pulses and spices in a bid to step up presence in the food vertical, its MD & CEO Angshu Mallick told FE in an interaction.
2 mins
Capgemini tops Q1 estimates
FRENCH IT CONSULTING giant Capgemini reported flat revenue growth in the first quarter of 2025 amid persistent macroeconomic and geopolitical uncertainty, but still managed to beat analysts' estimates.
1 min
Rapido likely to adopt subscription model for July food delivery debut
Lower delivery cost likely for restaurants; users may also benefit
1 min
Startup Layoffs on a Decline in '25
INDIA'S STARTUP ECOSYSTEM is witnessing a notable slowdown in layoffs in 2025, hinting at early signs of a cautious recovery after a two-year slump.
1 min
Urban Company Early Backers Set for Big IPO Gains
Headed for Dalal Street
2 mins
Ambuja Cements profit down 9% to ₹956 crore
ADANI GROUP'S CEMENT and building materials arm, Ambuja Cements, reported a 9% year-on-year decline in net profit attributable to owners for the fourth quarter of FY25, due to higher tax expenses.
1 min
Telcos propose in-building solutions at Noida airport
LEADING TELECOM PLAYERS
1 min
Coca-Cola's value share dips in Q1
BEVERAGE GIANT COCA-COLA witnessed a fall in its market share (by value) in the country during the January-March quarter despite a double-digit volume growth riding on high demand for smaller and cheaper packs.
1 min
ED Seeks Data From Apple, Xiaomi In E-Comm Probe
Under Scanner
1 min
Food delivery must get cheaper to grow: NRAI
Amid standoff with food aggregators Zomato and Swiggy over allegations of anti-competitive practices, high commissions, data misuse, and unfair private labelling, the National Restaurant Association of India (NRAI) has renewed its call to make food delivery more affordable in order to revive growth in the sector.
1 min
NBFC loan rates to fall 25-30 bps on repo, risk weight cuts
The reduction in risk weights on bank loans to NBFCs will encourage banks to lend more to shadow lenders, says Umesh Revankar, executive vice chairman of Shriram Finance.
2 mins
Rupee declines, volatility jumps to 2-year peak
THE RUPEE SWUNG sharply before ending lower on Tuesday as the possibility of rising tensions between India and Pakistan remained front and centre for traders, pushing the currency's near-dated implied volatility to an over two-year high.
1 min
Bonds rally on RBI liquidity injection
Yield Softens
1 min
RBI Unveils Surveys for Policy Inputs
The Reserve Bank of India (RBI) on Tuesday launched three key surveys, including inflation expectations, to gather useful inputs for monetary policy decisions.
1 min
Sebi Issues Norms for Withdrawal of ESG Rating
SEBI ON TUESDAY issued norms for withdrawing an ESG rating, weeks after the chairman told Reuters it is reviewing the reporting requirements on environment for listed companies.
1 min
Bajaj Fin Announces Dividend, 4:1 Bonus Issue, 1:2 Stock Split
NON-BANKING FINANCE COMPANY (NBFC) Bajaj Finance on Tuesday announced a special dividend, a final dividend, a stock split and a bonus share issue as it declared financial results for the March quarter.
1 min
Retail investors should stay invested for long: Sebi chief
INDIA IS IN a reasonably good spot despite global headwinds, and retail investors should stay invested for long, market volatility notwithstanding, Sebi chairman Tuhin Kanta Pandey said on Tuesday.
1 min
US goods trade deficit widens to $162.0 bn
THE US TRADE deficit in goods widened to a record high in March as businesses ramped up efforts to bring in merchandise ahead of President Donald Trump's sweeping tariffs, suggesting trade was a large drag on economic growth in the first quarter.
1 min
Tariff bites: UPS cuts 20,000 jobs, GM delays investor call
THE FALLOUT FROM US President Donald Trump's trade war reverberated further through the corporate world on Tuesday, as delivery giant UPS said it would cut 20,000 jobs to lower costs, while General Motors pulled its outlook and pushed its investor call to Thursday pending possible changes to trade policy.
1 min
Jagmeet Singh, once Trudeau's kingmaker, quits as NDP leader
Fortifying Canada's economy expected to be PM's top priority
2 mins
China to drugmakers, hospitals: Find US import substitutes
CHINA HAS ASKED some of its state-owned drugmakers to study how they can reduce reliance on the US for pharmaceutical products and raw materials, people familiar with the matter said, as Beijing prepares for a potential decoupling that threatens its medical supply.
1 min
Sarvam: The Bharatiya LLM
When the government announced the appointment of Bengaluru-based artificial intelligence (AI) start-up Sarvam to build India's first sovereign large language model (LLM), it embarked on a bold journey which will need the support of many academic and research institutions.
4 mins
Tech trials
India's famed IT giants must fine-tune their strategies to cope with an uncertain world
2 mins
The road to green mobility
India has the potential to become a leader in EV manufacturing, but it requires strategic investments in technology, infrastructure, and human capital
3 mins
Reframing a new mom's career break as "experience"
Why the campaign rocks:
1 min
'The zero-commission model has helped us scale up rapidly'
Since its debut 10 years ago, Rapido has expanded its suite of services to include three and four-wheeler rides, rides for women, and even courier delivery in some cities.
3 mins
IndusInd Bank CEO resigns
BEFORE KATHPALIA AND Khurana, chief financial officer Gobind Jain had stepped down in January.
1 min
US Admin Plans Tariff Relief for US-Made Vehicles
THE US AUTO industry remains heavily reliant on imports.
1 min
Citing security, govt shuts 49 tourist sites in Valley
A WEEK AFTER terrorists gunned down 26 people at Baisaran valley in Pahalgam, the Jammu and Kashmir government has decided to shut 49 tourist destinations and trekking trails in the Valley, citing security reasons.
2 mins
Shubhanshu Shukla to fly into space on May 29
AXIOM SPACE WILL launch its fourth mission to the International Space Station (ISS), carrying Indian astronaut Group Captain Shubhanshu Shukla and three others, from the Kennedy Space Center in Florida in the US on May 29.
1 min
ChatGPT shopping option: a new challenge to Google
CHATGPT creator OpenAI has launched a new shopping option on its popular AI chatbot, in what could be a major challenge to Google, which also enables a similar function.
2 mins
Financial Express Lucknow 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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