Financial Express Pune - May 14, 2025
Financial Express Pune - May 14, 2025
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In this issue
May 14, 2025
Profit booking halts bull charge
\"MARKETS TOOK a breather after a phenomenal start to the week, ending the session with a loss of over one per cent.
1 min
Inflation cools to 69-month low of 3.16%
THE SUSTAINED DISINFLATION trend augurs well for the economy, amid still-sluggish urban consumption. Easing of the concerns about global tariff war after the US-China temporary deal to cut tariffs from the punitive levels, and the benefits to taxpayers from income tax cuts announced in the Budget, are expected to positively impact short-term economic growth.
2 mins
Customs mutual recognition pacts with 10 more countries
INDIA HAS SIGNED mutual recognition agreements (MRAs) with customs authorities of nine countries and is looking at inking such pacts with 10 more nations by December this year, a government official said on Tuesday.
1 min
Retaliatory Tariffs May Cast Shadow on Trade Pact Talks With US, Says GTRI
INDIA'S PROPOSAL TO impose retaliatory import duty on certain US products in response to American tariffs on steel and aluminum could cast a shadow over ongoing negotiations for a trade agreement between the two countries, think tank GTRI said on Tuesday.
1 min
Food inflation falls to 41-month low
RETAIL FOOD INFLATION eased for six consecutive months to 1.78% in April compared to 2.69% in March, as prices of vegetables, pulses, meat, fish and spices declined with the arrival of winter harvest.
1 min
Trump Order Fine Print Makes Pharma Firms Breathe Easy
The domestic pharma industry, which was fearing a severe impact of US President Donald Trump's drug pricing proposal, is breathing easy.
1 min
Govt to review profitability of PSBs, bad loan recovery
Finance Minister Nirmala Sitharaman will likely meet the chiefs of public sector banks (PSBs) on Thursday to assess their performance in 2024-25 in various parameters, including profitability, bad loans recovery, deposit mobilisation, digital payments, cyber security and implementation of government schemes, sources told FE.
1 min
GAIL Net Profit Rises 1.3% in Q4 on Better Volume Growth
Expects boost in petrochemical capacity in FY26
2 mins
Agri credit seen rising 9% in FY26 to ₹31.5 lakh cr
CREDIT TO THE agriculture sector by commercial banks and regional rural banks is likely to cross ₹31.5 lakh crore, a new record, in FY26 due to an increased formalisation of the rural credit structure, a senior official with National Bank for Agriculture and Rural Development (Nabard) said.
1 min
Airtel beats the Street on one-time tax gain
Net profit down 25% q-o-q at ₹11,022 cr; Apru flat at ₹245
2 mins
Trump's drug pricing order boosts case for generics
S President Donald Trump's recent executive order to reduce prescription drug prices aims to address the significant price disparity of innovator drugs between the US and other developed markets like Europe and Australia.
2 mins
Share of West Asia in L&T's international order inflows declines
THE SHARE OF West Asia in international orders of engineering and construction major L&T has come down to 60% in FY25 from 70% in FY24 as it bagged orders in other locations in Central Asia.
1 min
Tata Motors Exceeds Profit Estimates on JLR Boost
TATA MOTORS on Tuesday reported better-than-expected profit in the March quarter, buoyed by a surge in margins at Jaguar Land Rover (JLR).
1 min
Abhinandan Lodha rebrands company
A MONTH AFTER Lodha brothers—Abhishek and Abhinandan—settled their dispute over the use of the \"Lodha\" brand, Abhinandan has renamed his holding company Lodha Ventures to Abhinandan Ventures.
1 min
Kokuyo eyes threefold growth in India with new acquisition
JAPAN'S KOKUYO, WHICH bought office furniture maker HNI India last month from NYSE-listed HNI Corporation, is looking at an over threefold growth in the country in five years in the category.
1 min
Trump Residences Gurugram sells out on launch day
TRUMP RESIDENCES GURUGRAM was completely sold out on launch day, generating sales of ₹3,250 crore, developers Smartworld and Tribeca Developers said on Tuesday.
1 min
Renesas to manufacture smallest chip at Noida unit
JAPANESE FIRM RENESAS will work on designing three nanometer chips, the world's smallest semiconductor, at its new Noida facility, Union minister Ashwini Vaishnaw said on Tuesday.
1 min
Happiest Minds sees robust growth in FY26
HAPPIESTMINDS TECHNOLOGIES expects to deliver double-digit growth in FY26 and maintain its operating margin in the range of 20-22%, buoyed by strong momentum in key verticals such as banking, financial service, and insurance (BFSI) and healthcare, and continued traction in generative AI opportunities, MD & CFO Venkatraman Narayanan told FE.
1 min
Hero Misses Estimates, Profit Up 6% at ₹1,081 Cr
HERO MOTOCORP on Tuesday reported a modest 6% rise in its standalone net profit at ₹1,081 crore for the January-March quarter.
1 min
Tata Steel's capex to remain flat in FY26
Steel major spent ₹15,671 cr in FY25
1 min
Tata Electronics rebrands Pegatron India, reshuffles top leadership
TATA ELECTRONICS HAS rebranded Pegatron Technology India and reshuffled its top management as it strengthens its position as a major supplier of Apple iPhones and components, emerging as a key competitor to Taiwanese giant Foxconn.
1 min
Life Insurers Log 8.4% Rise in April New Biz Premiums
LIFE INSURANCE COMPANIES reported ₹21,965.73 crore in new business premiums (NBP) in April, registering an 8.43% year-on-year growth over the year-ago period.
1 min
Scotiabank Targets Canada's Rich South Asians in ICICI Pact
BANK OF NOVA Scotia wants to tap into the population of affluent Canadians with ties to South Asia through a wealth-management referral partnership with ICICI Bank.
2 mins
Bond prices gain on ceasefire, fall in retail inflation
GOVERNMENT BOND PRICES rose on Tuesday, following a ceasefire with Pakistan and a favourable inflation data that bolstered rate cut bets.
1 min
Sebi Mulls Easing Norms for FPIs Buying Only Govt Bonds
The Securities & Exchange Board of India (Sebi) on Tuesday proposed to ease rules for foreign portfolio investors (FPIs) that exclusively invest in government bonds (\"IGBs\") under the voluntary retention route (VRR) and fully accessible route (FAR).
1 min
Ant Group offloads 4% stake in Paytm
ANT GROUP, PART of Chinese global conglomerate Alibaba Group, sold 4% stake in digital payments firm Paytm's parent One97 Communications through block deals on Tuesday.
2 mins
In race against Apple, Samsung launches slimmest phone
SAMSUNG ELECTRONICS MADE public on Tuesday its slimmest flagship model to date, complete with enhanced artificial intelligence features, as it seeks to get ahead of rival Apple on the premium market.
1 min
Tesla's refresh to Model Y off to rocky start
TESLA INVESTORS HAD pinned their hopes on a refresh of the company's flagship compact SUV to reinvigorate sales. But rock-bottom financing deals for the Model Y and its easy availability suggest that this expectation is unrealistic.
1 min
SoftBank Posts First Profit in Four Years
JAPAN'S SOFTBANK GROUP reported its first annual profit in four years on Tuesday, likely bringing relief to investors scarred by high-profile failures as it embarks on another series of mammoth tech investments.
1 min
Saudis to invest $1 trn: Trump
President Donald Trump said Saudi Arabia would commit to investing $1 trillion in the US, promoting a flurry of dealmaking at the start of his four-day Middle East visit.
2 mins
US Cuts 'De Minimis' Tariff on Small China Parcels to 54%
THE US WILL cut the \"de minimis\" tariff for low-value items imported from China, a White House executive order said on Monday, further de-escalating a potentially damaging trade war between the world's two largest economies.
1 min
US Inflation Softer in April, Tariff Impacts Still Loom
US INFLATION ROSE by less than forecast in April amid tame prices for clothing and new cars, suggesting little urgency so far by companies to pass along the cost of higher tariffs to consumers.
1 min
China Lifts Ban on Boeing Deliveries
CHINA HAS REMOVED a month-long ban on airlines taking delivery of Boeing planes, according to people familiar with the matter, following a breakthrough in trade talks with the US that temporarily slashed tariffs on each side.
1 min
Microsoft to Lay Off 3% of Workforce
MICROSOFT IS LAYING off 3% of its workforce, or roughly 7,000 employees, CNBC reported on Tuesday, as the technology giant looks to rein in costs while funneling billions of dollars into its ambitious bet on artificial intelligence.
1 min
Modi doctrine on dealing with terror
THE MASSACRE IN Pahalgam was not just an attack on innocent lives — it was an assault on India's conscience.
2 mins
Trump and beyond
The escalation between India and Pakistan quickly veered towards a full-blown conflict last week; the United States’ intervention came as a bolt from the blue, especially as it followed Vice President JD Vance’s statement that the India-Pakistan conflict is “none of our business”.
3 mins
Setting the agenda
Modi has sent a strong message on Pakistan's habitual recourse to nuclear brinksmanship
2 mins
Is Ignoring GenAI An Option In This Epoch?
Greater than the dominant concern of GenAI devouring jobs is the matter of not knowing how to use such tools. This seriously limits opportunities and career growth
3 mins
Campaign turned customers into quality keepers
One of the most innovative campaigns I've encountered is the \"Is That Heinz?\" initiative.
1 min
Track trouble
WHY FREE STREAMING DOESN'T MEAN FREE USAGE
2 mins
'Adtech firms today are expected to take ownership of outcomes'
InMobi, a provider of marketing and monetization technologies, has been vocal about the necessity of AI adoption, saying it is a winner-takes-most market and early players will have a disproportionate advantage.
3 mins
Google's 'G' gets a new look
SAHIL CHOPRA, FOUNDER & CEO of iCubesWire, says it all boils down to brand resonance.
1 min
CJI Khanna retires, says public trust in judiciary is earned
PUBLIC TRUST IN the judiciary \"has to be earned\" and \"cannot be commanded\", outgoing Chief Justice of India Sanjiv Khanna said while addressing lawyers who gathered in his courtroom to bid him farewell as he retired on Tuesday.
2 mins
Inflation cools to 69-month low of 3.16%
THE SUSTAINED DISINFLATION trend augurs well for the economy, amid still-sluggish urban consumption. Easing of the concerns about global tariff war after the US-China temporary deal to cut tariffs from the punitive levels, and the benefits to taxpayers from income tax cuts announced in the Budget, are expected to positively impact short-term economic growth.
2 mins
CBSE Results: Dip in Number of Students With Over 90% Score
GIRLS CONTINUED TO outshine boys in CBSE board exams for classes 10 and 12, while the number of candidates scoring above 90% in both classes recorded a dip, according to Examination Controller Sanyam Bhardwaj.
1 min
Jaishankar's security to be enhanced
Security for foreign secy to be also reviewed
1 min
Pak commits to truce but vows full response to aggression
PAKISTAN ON TUESDAY said that it remains committed to the truce with India, agreed after four days of intense fighting last week, but vowed to respond to any future aggression by New Delhi with full resolve.
1 min
Now, Amazon Prime Video in India to show ads, unless you pay extra
• Move expands Amazon's existing hybrid model
1 min
De-escalation plans likely to be swapped today between DGMOs
INDIA AND PAKISTAN are likely to exchange plans on the modalities of de-escalation of troops deployed along the borders by Wednesday, it has been learnt.
1 min
Pak commits to truce but vows full response to aggression
PAKISTAN ON TUESDAY said that it remains committed to the truce with India, agreed after four days of intense fighting last week, but vowed to respond to any future aggression by New Delhi with full resolve.
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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