Financial Express Mumbai - April 01, 2023
Financial Express Mumbai - April 01, 2023
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In this issue
April 01, 2023
Air traffic set to double in 4-5 years: Scindia
DAILY DOMESTIC AIR passenger traffic has crossed the pre-Covid high and is set to soar, civil aviation minister Jyotiraditya Scindia told FE on Friday.
1 min
Street ends flat year with 1,000-point jump
FIREWORKS ON FRIDAY
2 mins
Boost to 'merchanting trade', Re settlement in new foreign trade policy
THE GOVERNMENT ON Friday unveiled the new foreign trade policy (FTP) 2023, moving away from incentives to a remission- and entitlement-based regime, even as it stuck to the goods and services exports target of $2 trillion for 2030.
4 mins
To open rupee trade with countries facing currency crisis: Govt
IN A BID to boost exports amid the global economic slowdown and currency crises in many countries, the new foreign trade policy (FTP) has unveiled measures to ease trade settlement in rupees with such nations, as well as to strengthen the rupee payment system.
1 min
Core infra sectors' growth moderates to 6% in Feb
ECONOMIC RECOVERY MOMENTUM SEEMS TO BE WANING. SEQUENTIAL DECLINE IN GROWTH IN SIX OF THE EIGHT INDUSTRIES.
2 mins
CAD narrows to 2.2% of GDP in Q3
INDIA'S CURRENT ACCOUNT of the coun-deficit, a key indicator try's external sector, declined to $18.2 billion or 2.2% of the GDP in the December quarter of the current fiscal.
1 min
Revamped credit guarantee scheme for MSMEs rolled out
The annual guarantee fee for loans up to ₹1 crore cut from the peak 2% to 0.37%, reducing the overall cost of credit for small businesses
1 min
Dividends bridge divestment shortfall
NEGLIGIBLE AMOUNT FROM FUEL RETAILERS. EXCEED FY23RE BY ₹15,988 CRORE
1 min
External debt rises to $613 bn till Dec
The valuation loss in September-December, due to depreciation of the US dollar against other major currencies such as the yen, euro and UK pound was $3.8 billion, the government said
1 min
China gives $2-bn loan to Pak
Long-time ally Beijing has provided the only help Islamabad has got so far
1 min
Huawei posts first profit fall in a decade after US spurs R&D
HUAWEI TECHNOLOGIES POSTED its first annual profit decline in more than a decade, after years of US sanctions all but obliterated its smartphone arm and compelled the Chinese telecom gear maker to ratchet up research spending.
1 min
Go Digit re-files IPO papers
GO DIGIT INSURANCE has refiled draft papers for a $440million initial public offering (IPO) after addressing the market regulator's concerns related to the company's employee stock plans, which had stalled the offering for months.
1 min
MFI loan collections improve in Q3 across buckets: Report
LOAN COLLECTIONS OF microfinance companies has improved across most loan buckets in October-December, a recent report by CRIF High Mark showed.
1 min
How AI is transforming under Tatas
SHIFT TO ALGO PRICING
2 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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