Financial Express Mumbai - April 06, 2024
Financial Express Mumbai - April 06, 2024
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In this issue
April 06, 2024
For RBI, the elephantine task is still far from over
REPO RATE UNCHANGED AT 6.5% FOR THE 7TH TIME. FOCUS ON INFLATION TO ENSURE ITS DESCENT TO 4%
3 mins
Govt may shelve ₹2-trn freight corridor plan
Low demand for the existing ones
2 mins
Congress' Nyay Patra: Income support, health cover for all
PROMISES TO WAIVE STUDENT LOANS AND ABOLISH AGNIPATH SCHEME
3 mins
Byju's stake sale in Aakash blocked
EDTECH STARTUP BYJU'S breached terms of loans worth $42 million and has been asked by an arbitrator not to sell some shares of a group firm, a confidential order showed, the latest setback for the company already battling allegations of mismanagement.
1 min
Expect normalcy by May: Vistara CEO
FULL-SERVICE CARRIER Vistara expects operations to normalise by May as the flight disruptions, mainly caused by a stretched roster for pilots, are getting addressed, its CEO Vinod Kannan said on Friday. He also said the concerns raised by the pilots are being reviewed and discussed by the airline.
3 mins
Zee to lay off 15% of workforce, eyes leaner organisation
ZEE ENTERTAINMENT WILL lay off an estimated 15% of its workforce as MD and CEO Punit Goenka proposes a leaner and more streamlined management structure.
1 min
Consumer confidence near 5-yr high
Future expectations index also improves to best since mid-2019
2 mins
Congress' legal MSP guarantee seen costly, crops' current value at ₹10 trn
Commission for farm loan waiver also among party's poll promises
2 mins
China may use AI to influence Lok Sabha elections: Microsoft
CHINA MAY USE content generated through artificial intelligence (AI) to try and affect the Lok Sabha polls in India, along with elections happening in countries such as the US and South Korea, a report released by Microsoft Friday said.
1 min
These polls do-or-die battle for democracy, says Stalin
'OPPOSITION HAS A STRONG TEAM'
3 mins
Air India transformation in final leg, CEO tells staff
AIR INDIA MANAGING director and CEO Campbell Wilson on Friday said the airline has entered the final leg of its evolution after spending 18 months under transformation plan called Vihaan.AI, that was launched in September 2022.
1 min
Daimler gears up to bring light electric truck to India
To be assembled in India with kits brought in from Japan
2 mins
HP expects gaming PC sales in India to go up by over 20%
HP ANTICIPATES A surge in sales from its gaming personal computers (PC) in India, projecting a growth to 20%-25% in the next few years from the current mid-high teen figures, Vineet Gehani, senior director of consumer sales at HP India, told FE.
1 min
Marico, GCPL expect single-digit growth
FORECAST FOR MARCH QUARTER
1 min
INFLATION GUARD WON'T BE LOWERED
Governance must be priority for financial entities: Das
2 mins
Cash deposits via UPI to get nod
THE RESERVE BANK of India will facilitate cash deposit in banks through the Unified Payments Interface (UPI). Currently, the facility of cash deposit is available only through debit cards.
2 mins
CS Ghosh to step down as Bandhan MD & CEO in July
BANDHAN BANK FOUNDER, managing director and CEO Chandra Shekhar Ghosh on Friday said he will retire from his position at the end of his third tenure on July 9, 2024. He would, however, continue to have a \"larger strategic\" role at the bank after retirement.
1 min
Some 'misusing' currency derivatives rules, says RBI
MOVE MAY DRY UP VOLUME IN DERIVATIVES MARKET
2 mins
Shashank Singh & Ashutosh Sharma: Two stars from cricketing backwaters
SHASHANK SINGH HAILS from Bhilai, famously known for the steel plant. Ashutosh Sharma is from Ratlam, which is best known for the dialogue \"Ratlam ki galiyaan, in the Kareena Kapoor and Shahid Kapoor-starrer Jab We Met. Neither Bhilai nor Ratlam is famous for being a cricketing hub.
4 mins
Russian warships set to join Indian Navy, bypassing sanctions
INDIA WILL TAKE delivery of two Russian-made warships in the next few months, as the two countries work around US sanctions that created difficulties in paying for Russian weapons systems, according to senior Indian officials.
2 mins
Financial Express Mumbai Newspaper Description:
Publisher: The Indian Express Ltd.
Category: Newspaper
Language: English
Frequency: Daily
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