Financial Express Pune - March 15, 2025
Financial Express Pune - March 15, 2025
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In this issue
March 15, 2025
FPI outflows second-worst since 2008 financial crisis
FOREIGN PORTFOLIO INVESTORS (FPIs) have offloaded Indian equities worth $27 billion since September, marking the second-worst FPI sell-off since the 2008 global financial crisis, according to Bloomberg Intelligence data.
1 min
Gig Workers in Tamil Nadu to Get Subsidy of ₹20K Each
The Tamil Nadu government on Friday announced a ₹20,000 subsidy for buying new e-scooters to 2,000 internet-based service workers who are registered with the Gig Workers Welfare Board.
1 min
Super-core inflation spikes
At a time when consumer price inflation eased to a seven-month low of 3.6% in February on a high base and cooling vegetable prices, \"super-core\" inflation rose to a 16-month high of 4.5%, reflecting elevated prices of services, reports Saikat Neogi.
1 min
DMK Presents TN Budget, AIADMK Asks Govt to Resign
TAMIL NADU CHIEF minister MK Stalin-led DMK regime on Friday presented its Budget 2025-26 in the Assembly, a full-fledged exercise ahead of the state election next year, and made big allocations for its flagship welfare schemes, including the fare-free bus travel scheme for women and announced one per cent reduction in registration fee for immovable assets registered in their name.
1 min
Centre aims for 2.2 GW nuclear capacity in FY26
THE GOVERNMENT AIMS to add 6.5 gigawatts (GW) of thermal capacity in FY26, along with 2.2 GW of nuclear capacity and 3.9 GW of hydro capacity, according to the latest report by the Lok Sabha's Standing Committee.
1 min
Battle of the bourses heats up after Sebi crackdown on F&O
BUT THEN... SINCE February 20, however, its shares have fallen 30%.
1 min
Govt mulls merger of DPE, DIPAM to boost efficiency
On The Cards
1 min
Close to ₹1-lakh-crore investments aided by agri-infrastructure fund
TO STRENGTHEN POST-HARVEST infrastructure and farm assets through credit guarantees and interest subvention support, the government has approved loan proposals worth ₹60,000 crore under the agriculture infrastructure fund (AIF) for over 100,000 projects since its launch four years ago.
2 mins
Supply of steel fasteners may be hit by quality norms
THE INDUSTRY MAY face a shortage of fasteners as no manufacturer—domestic or foreign—has been approved under the Bureau of Indian Standards (BIS) certification process, which becomes mandatory for imports after March 20.
1 min
LLMs boost work volumes, cutting costs: Coforge
THE ADOPTION OF Large Language Models (LLMs) has significantly increased the volume of work that can be accomplished, leading to a substantial reduction in cost per transaction or unit of work.
1 min
CMS Info expands tech solutions to retail, q-comm
MANAGED ATM SERVICES provider CMS Info Systems, is expanding the scope of its machine learning tech solutions beyond ATM management to sectors like multi-brand retail, and quick commerce, as it attempts to position itself as a business solutions company, a senior executive told FE.
1 min
Puravankara sees a fifth of its revenues from western India
BENGALURU-BASED DEVELOPER Puravankara is expecting about a fifth of revenues coming from the western part of the country including Mumbai and Pune in FY25.
1 min
91Springboard to expand office space portfolio by 500,000 sq ft
91Springboard plans to expand its office space portfolio by adding around 500,000 sq ft in FY26 across key existing markets.
1 min
Maruti Suzuki readies electric debut amid slowdown worries
Charged Up
2 mins
Vi likely to retain market share going ahead
Survival Battle
2 mins
German parties agree deal to loosen debt limit
GERMAN LAWMAKERS REACHED an agreement on Friday to exempt some defense spending from the nation's tight rules on running up debt as European leaders are scrambling to shore up the continent's defenses themselves in the face of a Trump administration that is threatening to back out.
1 min
US aligns with G7, urges Russia to accept Ukraine truce
$3,000 AN OUNCE for the first time ever, driven higher by a central bank buying spree, economic fragility worldwide, and President Donald Trump's attempts to rewrite the rules of global trade by imposing tariffs on allies and strategic rivals.
1 min
UK economy unexpectedly shrinks in January
THE FEDERAL RESERVE will keep interest rates steady through the first half of the year, before delivering two reductions beginning in September, according to economists surveyed by Bloomberg.
1 min
Ex-banker Carney takes oath as 24th PM of Canada
EX-CENTRAL BANKER MARK Carney was formally sworn in as prime minister of Canada on Friday, putting him in a position to fight tariffs from US President Donald Trump that could devastate the trade-dependent Canadian economy.
1 min
The Trust factor
Family trusts can be useful to protect ownership of promoters, but they need to be carefully structured
2 mins
The big picture
Can movie theatres afford to limit their ad screening time?
3 mins
Gift from NRI father not liable to tax
I am a NRI based in Canada and have an NRO account in India. If I give ₹75 lakh to my major daughter in India and if she deposits it in a bank fixed deposit for 10 years, will either of us be liable to pay income tax in India?
1 min
The Edge that Hero always needed
HERO MOTOCORP is the largest two-wheeler company in India, having sold more than 5 million vehicles in this financial year (5,100,602 units).
2 mins
For riding to office, market, mountains
But fuel efficiency is just about 25 km/l
1 min
Financial Express Pune 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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