Financial Express Mumbai - December 05, 2022
Financial Express Mumbai - December 05, 2022
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In this issue
December 05, 2022
Budget May Target 11-12% Expansion In Nominal GDP
Gross tax mop-up may rise by 14-16%
4 mins
Apple not far behind rival Samsung
APPLE IS FAST catching up with amsung as far as smartphone exports from India is concerned. While Samsung's smartphone exports in value terms stood at around $2.8 billion during April-October, Apple was not far behind at $2.2 billion.
2 mins
Post-festive blues for FMCG firms
Sales more subdued than anticipated
2 mins
ESIC to invest in ETFs, start with 5% of surplus funds
Initial investment will gradually be increased to 15%
1 min
Livestock, fisheries push growth in agriculture and allied sector
Grains horticulture output steady, largely immune to monsoon
2 mins
States' capex is yet to pick up; flat growth in April-Oct
DESPITE ROBUST GROWTH in tax revenues and release of capex loans by the Centre, state government's capital expenditure saw flat growth in the first seven months of the current financial year.
2 mins
Competition Bill: House panel may adopt draft report on Dec 8
THE PARLIAMENTARY STANDING Committee on Finance will meet on December 8 to consider and adopt the draft report on the Competition (Amendment) Bill, 2022.
1 min
Crop insurance may get 15,500 cr
SANDIP DAS New Delhi, December 4 THE UNION BUDGET is likely to allocate around 15,500 crore for the implementation of Pradhan Mantri Fasal Bima Yojana (PMFBY) for next financial year, same as the budget estimate for 2022-23, despite a spike in expenses.
1 min
Gati Shakti: Centre on track to create trained manpower
A vast pool of trained personnel may also help private sector
1 min
Get your legal work done smartly & efficiently
This Ahmedabadbased startup handles business legalities
3 mins
'Tech cos will continue to look for talent with digital skills
India's $194-billion IT-ITES sector is at a crucial juncture where growth has slowed down compared to the last two years when digital adoption accelerated on the tailwinds of the pandemic.
3 mins
EV firms see shift in market shares
FOLLOWING AN INDUSTRY-WIDE GOVERNMENT CRACKDOWN
2 mins
How to get fired
BIG TECH'S FIRING MOOD SHOWS THAT LAY-OFF DECISIONS BY COMPANIES MAY EVEN BE PRECIPITATED BY REASONS NOT ENTIRELY COMPREHENSIBLE
4 mins
Spread your bets with multi-asset funds
Such funds give youa diversified portfolio of equity, debt and gold
3 mins
Vision 2027: A bigger slice of the QSR pie
Technologically enabled stores to increase to 100% in the next 5 years
1 min
How Indians studied on Coursera in 2022
India is one of the biggest markets of Coursera, with about 16 million learners
2 mins
Portfolio diversification is top priority
Overall, the bank is looking at 20-25% asset growth
1 min
Getting ready to soar
Air India will drop brand Vistara but must take on its attributes
2 mins
Donning the war paint
Technology, safety and men's grooming have upended the market
2 mins
Tech makes private healthcare affordable
Healthtech apps offer no-cost EMIs, emergency loans subscription plans
4 mins
Good in both design & sound
Both the earbuds and the neckband are affordable yet capable devices
2 mins
OPEC+ keeps oil output unchanged
OPEC+ AGREED to stick to its oil output targets at a meeting on Sunday as the oil markets struggle to assess the impact of a slowing Chinese economy on demand and a G7 price cap on Russian oil on supply.
1 min
Iran regime scraps morality police
Iran has abolished the morality police, according to an announcement by the attorney general carried on state media, following months of protests set off by the death of a young woman who was being held by the force for supposedly violating the country's strict Islamic dress laws.
1 min
First G20 meeting kicks off with focus on global debt, inflation
RISING GLOBAL DEBT, loss of employment, runaway inflation and the slowdown in growth - these are among the challenges facing the global economy that are set to be on the centre stage as officials from 40 countries converged on Sunday to kick off the first Sherpa track under India's G20 presidency of India.
2 mins
Fintech tie-ups: Clarity on default guarantee awaited
TWO MONTHS AFTER the Reserve Bank of India (RBI) issued guidelines on digital lending, banks, non-banking financial companies and fintech players are still awaiting clarity on many aspects, including the first loss default guarantee (FLDG) system and challenges that banks face while collaborating with fintechs.
2 mins
SC panel: Uttarakhand tiger reserve road not for commercial traffic
UNDERLINING THAT CONSERVATION priority of the forest area far outweighs the commercial transport needs of the state government”, the Central Empowered Committee CEC) of the Supreme Court has recommended against blacktopping a 4.7-km stretch of a key forest road in the buffer zone of Uttarakhand’s Rajaji tiger reserve, The Indian Express has learnt.
2 mins
What to make of "Twitter Files': The papers on Hunter Biden laptop story
TWITTER'S NEW OWNER Elon Musk heralded the release of exclusive emails that show some of the internal discussions at the social media company over a controversial decision, taken in 2020 before the US Presidential elections, to censor a story by tabloid New York Post about information it had obtained from a laptop purportedly owned by Hunter Biden, son of US President Joe Biden.
3 mins
With hold over dairy co-ops, BJP eyes pole position
THE CASH-RICH MILK cooperatives in Gujarat are likely to have a significant bearing on nearly 50 percent of the 93 seats bound for the second phase of the state Assembly polls on December 5.
3 mins
US intel: Xi unwilling to accept vaccines despite protests
CHINESE LEADER Xi Jinping is unwilling to accept Western vaccines despite the challenges China is facing with Covid-19, and while recent protests there are not a threat to Communist Party rule, they could affect his personal standing, US Director of National Intelligence Avril Haines said on Saturday.
1 min
Indonesia evacuates villagers as volcano erupts on Java island
A VOLCANO ERUPTED in Indonesia on Sunday spewing a cloud of ash 15 km into the sky and forcing the evacuation of nearly 2,000 people, authorities said, as they issued their highest warning for the area in the east of Java island.
1 min
Financial Express Mumbai Newspaper Description:
Publisher: The Indian Express Ltd.
Category: Newspaper
Language: English
Frequency: Daily
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