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Financial Express Pune

Carbon tax may be spoilsport

THE TEXT OF the just-concluded FTA with the UK is silent on whether the duty reliefs—zero tariff for 99% of product lines—for India will be stymied by the carbon tax to be introduced by London from 2027.

1 min  |

May 08, 2025

Financial Express Pune

Military strike, diplomatic gain

For the first time, a clear distinction is being made between the Kashmir issue and terrorism. This will have far-reaching implications

4 min  |

May 08, 2025

Financial Express Pune

Good news for consumers, domestic alcohol firms unhappy

Consumers of scotch whisky and gin may find their favourite brands becoming cheaper, thanks to the India-UK FTA which will lead to import duty on them being halved to 75% from 150%.

2 min  |

May 08, 2025

Financial Express Pune

Exclusion of dairy comes as a relief

Tea, processed food shipments to rise; no gain for rice exporters

1 min  |

May 08, 2025

Financial Express Pune

India Requires $2.5 Trillion for Climate Finance

Draft taxonomy framework skips tax measures

1 min  |

May 08, 2025

Financial Express Pune

Funding Uptick: Korean Beauty Space Raises $4.9 Mn in 4 Months

K-BEAUTY, THE South Korean beauty movement known for its innovative skincare routines and high-quality cosmetics, is showing signs of funding revival as a sector globally with $4.9 million raised in just four months of 2025.

1 min  |

May 08, 2025

Financial Express Pune

Dabur profit down 8.4% to ₹320 cr, misses estimates

Dabur India on Wednesday reported an 8.4% year-on-year decline in net profit for the January-March quarter, at ₹320.13 crore.

1 min  |

May 08, 2025

Financial Express Pune

FMCG demand to pick up: Godrej Consumer

CONSUMER DEMAND WITHIN the domestic fast-moving consumer goods (FMCG) market is likely to improve in the next 12-18 months, Sudhir Sitapati, MD & CEO, Godrej Consumer (GCPL), said on Wednesday, as benign food inflation, fiscal and welfare measures by the government as well as likely Pay Commission increase may leave more money in the hands of people.

2 min  |

May 08, 2025

Financial Express Pune

UK Suppliers Given Access to Public Procurement Market

THE FTA concluded with the UK opening up India's large government procurement market to British suppliers.

1 min  |

May 08, 2025

Financial Express Pune

A promise of mutual benefit

After more than three years of intensive negotiations, India and the UK finally wrapped up their bilateral free trade agreement (FTA), which leaders of both countries described as \"a historic milestone in the bilateral Comprehensive Strategic Partnership that would foster trade, investment, innovation, and job creation in both the economies\".

3 min  |

May 08, 2025

Financial Express Pune

Pizza Hut operator misses Q4 estimates

SAPPHIRE FOODS INDIA, a franchisee of US-based fast-food major Yum Brands, said Pizza Hut's recovery in India would take longer, after the company reported quarterly revenue slightly below estimates on Wednesday.

1 min  |

May 08, 2025

Financial Express Pune

Jio leads user addition in March

RELIANCE JIO CONTINUED to lead the monthly mobile subscriber additions for the second month in a row, registering 2.17 million new users in March, according to the data released by the Telecom Regulatory Authority of India (Trai).

1 min  |

May 08, 2025

Financial Express Pune

Deutsche Arm, Nippon Life in Talks for India AMC JV

DEUTSCHE BANK'S INVESTMENT arm DWS is in talks to form an asset management joint venture in India with Japanese insurer Nippon Life, sources said, as the German company seeks to expand in Asia.

1 min  |

May 08, 2025

Financial Express Pune

Co-working supply to hit 125 mn sq ft by 2027, says Icra

THE FLEXIBLE /CO-WORKING office supply will increase at a compound annual growth rate (CAGR) of 21-22% during FY25-FY27 and reach ~125 million square feet by March 2027 from ~80 million sq ft as of December 2024 for the top six cities—Bengaluru, Chennai, Delhi-NCR, Hyderabad, Mumbai Metropolitan Region (MMR) and Pune, a report by rating firm Icra showed.

1 min  |

May 08, 2025

Financial Express Pune

Apparel makers see $1-bn gains

TAILORED TO BENEFIT DOMESTIC INDUSTRY

2 min  |

May 08, 2025

Financial Express Pune

Stellantis gears up to bring Chinese EV startup to India

STELLANTIS, THE WORLD'S fourth-biggest automaker headquartered in the Netherlands, is preparing to bring Chinese electric vehicle (EV) startup Leapmotor to the Indian market.

1 min  |

May 08, 2025

Financial Express Pune

Telecom majors see pickup in fixed wireless access

FIXED WIRELESS ACCESS (FWA), which leverages 5G spectrum to deliver high-speed home internet without requiring fibre connectivity, is gaining steady traction.

2 min  |

May 08, 2025

Financial Express Pune

Rupee slumps 40p, most in a month

THE RUPEE WEAKENED on Wednesday to log its worst single-day decline in a month as worries over an escalation in geopolitical conflict between India and Pakistan hit sentiment alongside a fall in Asian peers.

1 min  |

May 08, 2025

Financial Express Pune

SAT Refuses to Stay Sebi's Interim Ban on Gensol

Gensol said Sebi order is \"illegal, unjustified and unwarranted,\" and fails to meet the statutory threshold for issuing such interim directions without a hearing

1 min  |

May 08, 2025

Financial Express Pune

Disney Adds 1.4 Million Subscribers

Disney posted solid profits and revenue in the second quarter as its domestic theme parks thrived and the company added well over a million subscribers to its streaming service.

2 min  |

May 08, 2025

Financial Express Pune

Norms for coal supply to thermal units eased...

THE CENTRAL ELECTRICITY Authority has projected peak power demand to rise to 277 giga watts (GW) in the 2025-26, up 27 GW from the previous year.

2 min  |

May 08, 2025

Financial Express Pune

Jewellery exports likely to surge to $2.5 bn in 2 years

The FTA is likely to give a significant impetus to gems and jewellery exports to the UK from India.

1 min  |

May 08, 2025

Financial Express Pune

War and markets: Lessons for investors from past conflicts

THE MARKETS STABILISED after initial nervousness and apprehension about the Operation Sindoor and its impact.

2 min  |

May 08, 2025

Financial Express Pune

Mock drills simulating hostile scenarios held across country

MOCK DRILLS SIMULATING multiple hostile scenarios like air raids, multiple fire emergencies, and search and rescue operations among others were carried out in several states and Union Territories (UTs) as part of the nationwide mega civil defence mock drill 'Operation Abhyaas'.

1 min  |

May 08, 2025

Financial Express Pune

Jewellery startup GIVA doubles topline in FY25

SHINING BRIGHT

1 min  |

May 08, 2025

Financial Express Pune

China Injects Monetary Stimulus to Shore Up Tariff-Hit Economy

Beijing enhances stock market aid tools; shares jump

2 min  |

May 08, 2025

Financial Express Pune

PE-VC investments hit $43 bn

REVIVAL AFTER TWO YEARS

2 min  |

May 08, 2025

Financial Express Pune

Coal India Q4 profit up 12%

STATE-OWNED Coal India on Wednesday reported a 12.4% increase in its consolidated net profit in the March quarter at ₹9,592.53 crore compared with ₹8,530.39 crore in Q4FY24.

1 min  |

May 08, 2025

Financial Express Pune

Going 'glocal' for talent

IBM SETS UP NEW SOFTWARE LABS IN TIER II CITIES

2 min  |

May 08, 2025

Financial Express Pune

Rohit Sharma Retires From Tests

ROHIT SHARMA on Wednesday announced his retirement from Test cricket with immediate effect, ending the relentless speculation surrounding his future in the longest format and leaving India in need of a new captain for the upcoming five-match series against England.

1 min  |

May 08, 2025
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