Financial Express Mumbai - March 14, 2023
Financial Express Mumbai - March 14, 2023
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In this issue
March 14, 2023
Fed's SVB balm fails to soothe markets
Bank stocks lead fall in Indian benchmarks
1 min
Family offices keen to go overseas but await clarity
The last few months have seen a significant uptick in enquiries from wealthy Indians wanting to set up family offices abroad, but other than the clarity from RBI on rules, a number of other hurdles remain, said people in the know.
2 mins
CPI inflation sticky at 6.44% in Feb; April rate hike near certain
Official data released on Monday revealed that retail inflation stood at 6.44% in February against 6.52% in January.
4 mins
Hyundai takes Talegaon road to widen lead over rival Tata
HMIL on Monday said that it has signed a term sheet for the potential acquisition of GM India's Talegaon plant assets, including land, buildings, certain machinery and manufacturing equipment.
2 mins
Returns update: ₹1,250 crore collected as taxes
CBDT takes up 68,000 cases for e-verification
1 min
Exports to cross $750 bn this fiscal: Goyal
Goyal said that last year the exports reached an all-time high of $676 billion.
1 min
Govt seeks House nod for net additional spend of ₹1.48 trn
No big slippage seen from fiscal deficit target of 6.4%
2 mins
Higher pension: EPFO trust members flag 'confusion'
Call for detailed guidelines on the new option
3 mins
Koo brings ChatGPT to help users create posts
India's microblogging platform Koo on Monday announced that it has launched a new feature to enable creators to compose and draft posts using ChatGPT.
1 min
Firms still facing hurdles in deploying 5G infra: DIPA
The telecom infrastructure providers are still facing hurdles in faster infrastructure deployment of 5G with issues pertaining to Discoms not following the 5G rollout policy in alignment with the State Central RoW Policy, facility for bulk RoW permission since no of such poles, which may be used for 5G cell deployment may be in thousands.
2 mins
Biden Vows To Hold Banks Accountable, Urges Stronger Rules
The president said all customers who had deposits at both banks can “rest assured they’ll be protected and they’ll have access to their money as of today.”
2 mins
SVB collapse: US acts to shore up banking system confidence
After a dramatic weekend, US regulators said the failed bank’s customers will have access to all their deposits starting Monday and regulators set up a new facility to give banks access to emergency funds.
1 min
Xi to build military into 'Great Wall of steel'
\"Security is the bedrock of development, while stability is a prerequisite for prosperity,\" Xi said.
2 mins
Pfizer to buy cancer drugmaker Seagen in $43-billion deal
Seagen is a leader in developing a type of medicine called antibody-drug conjugates, or ADCs.
1 min
Paytm disbursements up threefold in Jan-Feb
NO. OF LOANS INCREASE 94%
1 min
On superfast reforms track but some see speed bumps
ONE YEAR OF IRDAI CHAIRMAN DEBASISH PANDA
3 mins
Financial Express Mumbai 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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