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Financial Express Kolkata

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March 05, 2025

IMD's prediction on heatwave calls for better policy response on preparedness

HE INDIA METEOROLOGICAL DEPARTMENT'S (IMD) grim weather forecast for the pre-monsoon months has come as no surprise. It, however, demands preparedness and adaptation to mitigate the adverse effects on agriculture, environment, and health.

The IMD has said that most parts of the country will experience above normal temperatures during March-May, while this February was recorded as the hottest in 125 years. In agriculture, wheat is likely to be affected the most by a heat surge. Wheat inflation has been persistently high in India in recent years amid strong demand and falling production, to which adverse weather conditions have contributed especially in the months of February and March when grain formation takes place. Studies by the Indian Council of Agricultural Research have earlier projected that an increase in temperature by 1°C could whittle down wheat output by 5%.

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Financial Express Kolkata

Mis-selling, valuation key threats for AIFs: Pandey

WHILE ALTERNATIVE INVESTMENT fund (AIF) investments have seen massive growth over half a decade, the industry still faces three major challenges such as mis-selling, opaque valuation, and capital availability for sunrise sectors, the Indian markets regulator said.

time to read

1 mins

March 12, 2026

Financial Express Kolkata

Odisha retains top position in NITI's fiscal health index

ODISHA RETAINED ITS top position in the latest Fiscal Health Index (FHI) 2026 released by NITI Aayog, securing an overall score of 73.1.

time to read

1 mins

March 12, 2026

Financial Express Kolkata

Restaurant closures deliver a blow to gig workers, food apps

AS THE WAR ENTERS DAY 12, BUSINESSES & CONSUMERS HAVE BEGUN TO FEEL THE HEAT, ALTHOUGH IN VARYING DEGREE

time to read

1 mins

March 12, 2026

Financial Express Kolkata

Easing of PN-3 may help about 600 FDI applicants

RELAXING APPROVAL PROCEDURES governing investment from countries sharing land borders with India will help speed up the clearance of proposals from among the 600 applications that were awaiting approvals, officials said on Wednesday.

time to read

1 min

March 12, 2026

Financial Express Kolkata

Oil surge risks over 50 bps dent to FY27 GDP, say economists

A SUSTAINED SURGE in crude oil prices amid the US-Israel-Iran conflict could shave off more than 50 basis points from India’s gross domestic product (GDP) growth in FY27, economists warned on Wednesday.

time to read

2 mins

March 12, 2026

Financial Express Kolkata

Record 400 mn barrels of oil to be released: IEA

The International Energy Agency (IEA) recommended the release of 400 million barrels of oil, the largest such move in its history, to try to restrain soaring crude prices amid the US-Israeli war with Iran.

time to read

1 mins

March 12, 2026

Financial Express Kolkata

Paints may become dearer in April

AS THE WAR ENTERS DAY 12, BUSINESSES & CONSUMERS HAVE BEGUN TO FEEL THE HEAT, ALTHOUGH IN VARYING DEGREE

time to read

2 mins

March 12, 2026

Financial Express Kolkata

Modernising enterprise architecture is the real challenge

Technology shifts driven by artificial intelligence (AI) are reshaping the IT services industry, even as market volatility weighs on technology stocks. Sandip Patel, managing director, IBM India and South Asia, in an interaction with Ojasvi Gupta, spoke about AI-led code modernisation, hybrid cloud strategy and talent development. Excerpts:

time to read

2 mins

March 12, 2026

Financial Express Kolkata

Govt defers plan to include free drugs under CSR rules

THE GOVERNMENT HAS gone back on a plan to make it mandatory for pharmaceutical companies to spend a certain portion of their Corporate Social Responsibility (CSR) funds towards providing free drugs to medicine banks for use by the central government during health emergencies, disasters, or any other circumstances.

time to read

1 min

March 12, 2026

Financial Express Kolkata

A first: SC allows passive euthanasia for man in coma for over 13 years

THE SUPREME COURT (SC) on Wednesday allowed the withdrawal of artificial life support to a 32-year-old man, in a coma for more than 13 years, saying that the govern “Secondly, it has been conclusively determined that the continued administration of the same is no longer in the ‘best interests’ of the applicant.

time to read

2 mins

March 12, 2026

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