Financial Express Mumbai - March 19, 2024
Financial Express Mumbai - March 19, 2024
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In this issue
March 19, 2024
Putin Warns West Of WW3 After Election Victory
Russian President Vladimir Putin warned the West on Monday that a direct conflict between Russia and the US-led NATO military alliance would mean the planet was one step away from World War 3 but said hardly anyone wanted such a scenario.
1 min
Nvidia Backs Data Centre Firm Yotta In India's Biggest AI Bet Yet
It's a sultry March evening in the suburbs of Mumbai and a group of men hovers anxiously at the back gate of the startup Yotta Data Services.
4 mins
Apple In Talks With Google To Use Gemini For iPhones
APPLE IS IN talks to build Google's Gemini artificial intelligence (AI) engine into the iPhone, according to people familiar with the situation, setting the stage for a blockbuster agreement that would shake up the AI industry.
2 mins
Blinkit Will Be Bigger Than Zomato In A Year: Goyal
‘Being paranoid’ mantra to stay ahead, says CEO
2 mins
India can't top China's past 8-10% growth, says Morgan Stanley
INDIA IS UNLIKELY to achieve the 810% economic growth rates that China pulled off over the long term, Morgan Stanley's chief Asia economist said, even though the investment bank remains optimistic about New Delhi's prospects.
1 min
As women turn power hitters, big question: Time for bigger fields?
WHILE DELHI CAPITALS lost their second successive Women's Premier League (WPL) final, there was one undeniable bright spot.
2 mins
Gadkari to give away Ramnath Goenka awards for journalism
FROM A STORY on how unplanned development can potentially lead to ecological damage in the higher reaches of the Himalayas to the relationship that Bastar tribals have with the State, from exposing a recruitment scam to highlighting the hardships faced by healthcare workers during the Covid pandemic - each of the winners of the Ramnath Goenka Awards for Excellence in Journalism Awards exemplify a basic tenet of journalism: the need to tell a story that touches lives.
2 mins
India Inc expresses concern on breach of confidentiality
INDUSTRY CHAMBERS OF commerce - CII, Ficci, and Assocham on Monday expressed their concern on the issue of disclosure of the alpha-numeric numbers of the electoral bonds.
1 min
As bonds chase power, unknown smaller parties rue empty coffers
In extreme cold, the 21 young men sleep on the floor on a chatai in a big hall with some blankets and quilts for cover
2 mins
Trent: A Star beginning to brighten?
Recent disclosures point to improving traction
2 mins
Credit on UPI stuck on fee structure, low adoption
A LACK OF clarity on the interchange fee structure and lower adoption among smaller merchants have weighed on the credit volume through the Unified Payments Interface (UPI), say experts.
3 mins
Tata Steel to shut its coke ovens at Port Talbot plant
TATA STEEL WILL shut down the coke oven operations at its facility at Port Talbot in the UK, following a decline in operational stability and as part of its restructuring exercise.
1 min
No sole firm can pass on GST burden to gamers: Games 24×7 co-founder
SIX MONTHS AFTER the government decided to levy 28% goods and services tax (GST) on players' deposits, Games 24x7 co-founder and co-CEO Bhavin Pandya believes it won't be prudent for any gaming firm to pass on higher tax burden to consumers.
2 mins
EC orders transfer of home secys of 6 states, Bengal DGP
THE ELECTION Commission on Monday ordered the transfers of the home secretaries of Gujarat, Uttar Pradesh, Bihar, Jharkhand, Himachal Pradesh and Uttarakhand to ensure a level playing field ahead of the Lok Sabha elections, sources said.
1 min
Oil steady as attacks on Russian energy facilities intensify
BRENT CRUDE BRIEFLY topped $86 per barrel on Monday for the first time since November, before pulling back, as Ukraine stepped up its attacks on Russian energy infrastructure.
1 min
Medical device makers worried over price caps
Medical device makers worried over price caps
2 mins
A pioneer in public health
ANYONE WHO HAS known Swati Piramal or followed her entrepreneurial journey would find her more than what her calling card can capture.
2 mins
States' capex up more than a third.revenues strong
EXPENDITURE BY STATE governments on asset creation may have risen more than a third on year in the first 10 months of the current financial year, compared with a 7% rise in the year-ago period.
2 mins
Tata Sons looks to sell ₹9,300-cr TCS shares
TATA SONS, THE investment holding arm of Tata group, is planning to raise about ₹9,300 crore by offloading 23.4 million shares in its IT subsidiary Tata Consultancy Services (TCS) through block deals.
1 min
SC raps SBI, asks for full disclosure on electoral bonds
THE SUPREME COURT on Monday kept the pressure going on State Bank of India (SBI) and asked it to provide complete details on the electoral bonds' unique alphanumeric code that reveals the link between the buyer and the recipient political party to the Election Commission of India (EC).
1 min
Three Months Before 2019 LS Polls, BJP Got ₹3,030 Cr
Amount was 77% of its year’s total count, show latest data
1 min
Biden Campaign Raises $53-mn In February
US president Joe Biden raised more than $53 million for his re-election campaign and the Democratic Party in February, a record amount for the month.
1 min
How Addverb Is Building A Robotic Workforce
The firm has eliminated’ dull and dangerous jobs by automating them
2 mins
Flipkart Valuation Slides By Over ₹41k Cr In 2 Years
E-COMMERCE FIRM FLIPKART'S valuation has declined by $5 billion or around ₹41,000 crore as of January 2024, compared to that in January 2022, according to equity transactions carried out by its US-based parent firm Walmart.
2 mins
How Prakash Padukone helped Lakshya Sen reach peak fitness
LAKSHYA SEN WAS returning from the US Open last April, but was so beat up and knackered from two weeks of tournament play, that he struggled to lug his own kitbag through the airport on his slouching, hurting shoulders.
2 mins
Bengaluru water crisis presents a pressing challenge
THE WATER CRISIS in Bengaluru presents a pressing challenge exacerbated by rapid urbanisation and population growth, and the city described as 'Silicon Valley of India,' will need to take interim as well as long term measures including mandatory water harvesting and groundwater recharging to overcome the crisis, says the industry.
1 min
Analysing data: How predictive AI models is taking centre stage
A VOLCANO IN Iceland erupted on Saturday for the fourth time since December, the Icelandic Meteorological Office said, spewing smoke and molten lava into the air.
2 mins
Canara Bank stays bullish on gold loans
The lender, with the biggest portfolio amid all PSBs, targets a double-digit growth
2 mins
Use sectoral funds as long-term tactical plays to manage risks
Potential for high returns, but also higher risks due to focused exposure
2 mins
Putin tightens grip; thousands protest
RUSSIA PRESIDENT VLADIMIR Putin is poised to tighten his grip on power on Sunday in a Russian election that is certain to deliver him a landslide victory, though some opponents staged a symbolic noon protest at polling stations against his rule.
1 min
Financial Express Mumbai Newspaper Description:
Publisher: The Indian Express Ltd.
Category: Newspaper
Language: English
Frequency: Daily
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