Financial Express Pune - April 14, 2025

Financial Express Pune - April 14, 2025

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In this issue
April 14, 2025
38% of Wheat Area Harvested So Far, Says Govt
The country has harvested 38% of the total wheat area of an estimated 32 million hectares so far in the ongoing 2025-26 marketing season, agriculture minister Shivraj Singh Chouhan said on Sunday.
1 min
Tariff War Offers Opportunity in E-commerce Exports: GTRI
The removal of the duty-free import regime for low-value consignments up to $800 per packet through courier or postal networks addressed directly to individuals from China and Hong Kong—effective May 2—presents India with a prime opportunity to scale up its e-commerce exports, according to a report by the Global Trade Research Initiative (GTRI).
1 min
In Apr, FPIs pull out ₹31,575 cr equities
FOREIGN INVESTORS HAVE pulled out ₹31,575 crore from the country's equity markets so far this month, in the wake of turbulence emanating from sweeping tariffs imposed by the US on most nations, including India.
1 min
FPOs rely on ONDC, GeM, e-NAM to boost sales
Many become self-sustainable
2 mins
House Panel Urges Independent Survey to Assess MGNREGS
The Parliamentary Standing Committee on rural development and panchayati raj has recommended an independent national survey of the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) to assess its effectiveness and determine whether it needs revamping in light of emerging challenges.
1 min
India Adds Record 29.5 Gigawatt Green Energy Capacity in FY25
INDIA ADDED a record 29.52 gigawatts (GW) of renewable energy in 2024-25, taking the country's total installed renewable energy capacity to 220.10 GW as of March 31.
2 mins
SBI, Bank of India Slash FD Rates After RBI Repo Cut
STATE BANK OF India (SBI) and Bank of India have reduced interest rates on select fixed deposits following the RBI decision last week to lower the repo rate by 25 basis points.
1 min
Govt to seek review of SC order on deadline for Bills
THE GOVERNMENT IS likely to file a review petition on the Supreme Court judgement setting a timeframe for the President and the governors to decide on giving assent to bills passed by state legislatures.
2 mins
Caste census: Karnataka govt will not take any hasty decision: Shivakumar
KARNATAKA DEPUTY CHIEF minister D K Shivakumar on Sunday said that the government will not take any hasty decision regarding the Socio-Economic and Education Survey report, popularly known as the 'caste census', that was recently tabled before the state cabinet.
1 min
Out on bail in rape case, ex-Kerala govt pleader found dead
A FORMER SPECIAL prosecutor with the National Investigation Agency, who was out on bail in a sexual assault case from 2023, was found dead in Kollam on Sunday in what appears to be a case of suicide.
1 min
'Our capex, margins are on track'
As the domestic IT services firms contend with global uncertainty, TCS remains focused on realigning costs and embracing AI-led transformations. Samir Seksaria, CFO at TCS, in an interview with Urvi Malvania & Padmini Dhruvaraj, discusses margin strategies, investment outlook and how GenAI is reshaping business models. Excerpts:
3 mins
Seafund eyes 18-20 deeptech bets by FY27
EARLY-STAGE DEEPTECH VENTURE capital firm Seafund is targeting 18-20 investments by FY27 from its ₹250 crore Fund II, with a near-term plan of making 6-8 new investments in FY26.
1 min
Renewables in focus for power firms' Q4
Modest Growth Estimated
2 mins
India's iPhone, smartphone exports to US have 20% tariff edge over China: Industry
EXPORT OF IPHONES, smartphones, tablets, laptops from India to the US will be cheaper by 20% compared to those shipped from China following the exemptions given by the Trump administration, industry body ICEA said on Sunday.
1 min
KiranaPro Tapping into Smaller Towns to Counter Q-comm
WHILE URBAN CONSUMERS are hooked to 10-minute delivery apps like Blinkit and Zepto, Bengaluru-based KiranaPro is tapping into smaller cities and towns with its voice-led, multilingual platform that allows users to order from their neighbourhood provision stores.
1 min
Harvard professors sue Trump
HARVARD UNIVERSITY'S PROFESSORS sued the Trump administration on Friday over its threat to scrutinize billions of dollars of federal funding.
1 min
Trump Remains in Excellent Health, Says White House
DONALD TRUMP'S ANNUAL physical examination found that the 78-year-old president was \"fully fit to execute the duties of the Commander-in-Chief and Head of State.\"
1 min
G-7 Central Banks Prepare First Responses to US Tariff Chaos
The first group of seven monetary policy decisions since President Donald Trump's trade war unleashed global market turmoil may prompt diverging responses from either side of the Atlantic.
3 mins
Apple Was on Brink of Crisis Before Tariff Concession
APPLE HAS MANAGED TO DODGE its biggest crisis since the pandemic — for the moment, at least.
2 mins
China March bank lending beats forecast
NEW BANK LOANS in China rebounded more than expected in March, recovering from a sharp drop the previous month, as policymakers pledge to ramp up stimulus to buttress the world's second-largest economy against an escalating trade war with the United States.
1 min
Arrest Warrant Against Hasina
A COURT IN Bangladesh on Sunday issued arrest warrants against ousted prime minister Sheikh Hasina, her sister Sheikh Rehana, British MP Tulip Rizwana Siddiq, and 50 others in connection with the alleged illegal acquisition of land by abusing political power.
1 min
South Korea's ex-Prez Yoon to face trial over martial law
President Yoon Suk Yeol will face his first criminal trial on Monday, just 10 days after being dismissed from office by the Constitutional Court, Yonhap reported, citing an unidentified source in the law industry.
1 min
Israel strikes kill 21 in Gaza
A WAVE OF Israeli strikes across Gaza on Sunday hit a hospital, a municipal building, a home and a vehicle, killing at least 21 people, including children, as Israel vowed to expand its security presence in the small coastal strip.
1 min
Ukraine: Over 30 people killed in Russian attack
At least 32 people have been killed in a Russian missile strike on the Ukrainian city of Sumy on Sunday, officials said.
3 mins
Regulated freedom
Fuel pricing needs certain checks and balances, without undermining profitability of oil firms
2 mins
After Hours
I started Pinnacle Industries 29 years ago, and it's been incredible to see it grow into one of India's leading names in ambulance conversions, manufacturing of automotive and railway seatings, interiors, and specialty vehicles.
1 min
Living with an electric car...
...ISN'T EASY DESPITE SO MANY PUBLIC CHARGERS INSTALLED ACROSS DELHI NCR
2 mins
Adding value, spurring growth
• Godrej Jersey is doubling down on allied offerings
2 mins
Counting on divine blessings
Spiritual Content is Opening Up New Avenues for OTT Growth
3 mins
Bold Bets for IPL Help JioStar Score at a Brisk Pace
DIGITAL SUBSCRIBERS HAVE already doubled to over 200 million on JioHotstar, JioStar's streaming platform, since the start of the ongoing IPL, when the figure was at 100 million paying subscribers, industry sources said.
1 min
Retail & travel clients more exposed to US tariffs: TCS
“THE CONSUMER BUSINESS, hospitality business, travel, auto industry are the businesses that we have to watch out for. If the uncertainty continues for longer, those businesses may have to focus more on cost optimisation, but at this time, I have not heard anything,” Krithivasan said.
1 min
At West Bengal's Ground Zero, grief & fear loom
\"WE KEPT CALLING the police after the attacks started. No one answered. Even after they hacked my husband and father-in-law to death, the bodies lay near our house for three hours,\" said 32-year-old Pinki Das, clutching her six-year-old daughter on her lap.
1 min
China Urges US To Avoid Small Steps, Revoke Extra Levies
\"THIS IS A small step by the US toward correcting its wrongful action of unilateral 'reciprocal tariffs',\" the Ministry of Commerce said in a statement posted on its official WeChat account on Sunday.
1 min
Some of these imports could be coming from foreign manufacturers located in China who export to India and other countries. We shouldn't think that it's only Chinese manufacturers
P Vaidyanathan Iyer: If China comes to the discussion table with the US, then probably there will be some resolution. But what if China digs in? How will it affect India and global trade?
7 mins
India can be a global leader in physical AI
NxtWave, an employability platform for tech careers, has partnered with TIER IV (inventor of Autoware, the world's first open-source software for autonomous driving), Autoware Foundation (open-source ecosystem for autonomous mobility), and the National Skill Development Corporation (NSDC) to build the world's largest autonomous vehicle (AV) developer community.
1 min
Go for low-duration funds now
Holding these for up to a year may yield returns of 7.75-8%
3 mins
Former SC judge likely to head law panel
FORMER SUPREME COURT judge Justice (retd) Dinesh Maheshwari is likely to head the Law Commission, sources said on Sunday.
1 min
Building a winning hand card by card
HOW DORM ROOM CARD GAMES BECAME A MEGA-MONEY GAMING EMPIRE
4 mins
DRDO test-fires laser-based energy weapon system
INDIA ON SUNDAY carried out a successful trial of a laser-directed energy weapon system, joining a select group of nations having the new-age armament used to bring down hostile drones and unmanned aircraft.
1 min
Varanasi club powers UP's football dreams, with a Spanish touch
INTER KASHI ARE just a technicality away from winning the I-League and subsequent promotion to the Indian Super League (ISL).
2 mins
Financial Express Pune Newspaper Description:
Publisher: The Indian Express Ltd.
Category: Newspaper
Language: English
Frequency: Daily
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