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Financial Express Kolkata

Inflection point

GenAI has unlocked a new dimension of efficiency & innovation

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2 mins  |
January 22, 2025
Financial Express Kolkata

Anatomy of economic slowdown

WHEN GROWTH IS DECOMPOSED, BOTH MOMENTUM DECLINE AS WELL AS BASE EFFECTS PLAY A ROLE

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3 mins  |
January 22, 2025
Financial Express Kolkata

66 Dead, 51 Hurt in Turkey Ski Resort Fire

A fire at a ski resort hotel in Turkey's Bolu mountains killed 66 people and injured 51 others on Tuesday, forcing panicked guests to jump out of windows in the middle of the night.

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1 min  |
January 22, 2025
Financial Express Kolkata

South Indian Bank posts ₹342-cr profit

SOUTH INDIAN BANK has posted a 12% year-on-year growth in net profit for the third quarter at ₹341.87 crore.

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1 min  |
January 22, 2025
Financial Express Kolkata

PLI release for 6 sectors at ₹1,596 cr in H1FY25

THE GOVERNMENT HAS disbursed ₹1,596 crore under the production-linked incentive (PLI) scheme for six sectors, including electronics and pharmaceuticals, in the first half of this financial year, a senior official said on Tuesday.

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1 min  |
January 22, 2025
Financial Express Kolkata

Banks run Trump 'war rooms' as bosses prepare for trade ructions

JPMORGAN CHASE & Co bankers worked through the night in a \"war room\" to assess the impact of US President Donald Trump's inauguration-day executive orders, while global markets braced for volatility following his return to the White House.

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1 min  |
January 22, 2025
Financial Express Kolkata

Tenuous Gaza ceasefire

A permanent cessation of hostilities to facilitate reconstruction, however, is an open question

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2 mins  |
January 22, 2025
Financial Express Kolkata

D2C snack brands make global forays

The Sweet Spot

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2 mins  |
January 22, 2025
Financial Express Kolkata

Govt extends free tur import policy by one more year

THE GOVERNMENT ON Tuesday extended the duty-free import policy for tur or pigeon peas by a year, until March 31, 2026, according to a notification by the directorate general of foreign trade (DGFT).

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1 min  |
January 22, 2025
Financial Express Kolkata

Govt seeks EC reply to JPC queries

OVER 20 QUESTIONS RAISED ON 'ONE NATION, ONE ELECTION'

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3 mins  |
January 22, 2025
Financial Express Kolkata

ICICI Prudential Life profit jumps 44%

ICICI PRUDENTIAL LIFE Insurance on Tuesday reported a 44% year-on-year increase in standalone net profit at ₹326 crore for Q3FY25.

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1 min  |
January 22, 2025
Financial Express Kolkata

At ₹2.24 lakh crore, Rajasthan leads Q3 energy investments

RAJASTHAN HAS EMERGED as the top state in attracting fresh project investments during Q3FY25, surpassing industrial giants like Maharashtra and Gujarat, according to data sourced from Projects Today, a firm tracking fresh and ongoing project investments in India.

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1 min  |
January 22, 2025
Financial Express Kolkata

Exporters Can Import Small Diamonds Sans Duty From Apr 1

THE GOVERNMENT ON Tuesday announced a scheme that will allow duty-free import of natural cut and polished diamonds of up to 25 cents or quarter of a carat by exporters to retain India's position as a global leader in the entire diamond value chain, according to a statement.

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1 min  |
January 22, 2025
Financial Express Kolkata

Major Lenders to Urge RBI to Delay April Liquidity Rule

Some of large lenders are planning to request concessions from the new head of the Reserve Bank of India (RBI) regarding proposed liquidity regulations, arguing the rules could hamper efforts to boost lending, according to people familiar with the developments.

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1 min  |
January 22, 2025
Financial Express Kolkata

India wary as Trump pulls US out of Pillar 2 tax deal

PRESIDENT DONALD TRUMP, through an executive order, declared on Tuesday that the 15% minimum global corporate tax deal has \"no force or effect\" in the US, effectively pulling the country out of the 2021 pact signed by around 140 countries.

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2 mins  |
January 22, 2025
Financial Express Kolkata

Birthright Citizenship to End, Will Impact Indian Americans

STARTING HIS SECOND term with a flurry of executive orders, US President Donald Trump has sought to revoke birthright citizenship—automatic citizenship of children born in the US to non-citizen parents.

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1 min  |
January 22, 2025
Financial Express Kolkata

UCO Bank Q3 net profit rises 27% on healthy core income

UCO BANK ON Tuesday reported a 27% increase in its net profit to ₹639 crore for the third quarter ended December 2024, helped by both interest and non-interest income.

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1 min  |
January 22, 2025
Financial Express Kolkata

Consumer firms pitch for steps to shore up demand

COMPANIES IN THE fast-moving consumer goods (FMCG) and retail sectors are urging the Centre to stimulate consumption through tax slab revisions and demand-boosting measures in the FY26 Budget.

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1 min  |
January 22, 2025
Financial Express Kolkata

Dollar gains, stocks climb as global markets turn jittery

THE DOLLAR RALLIED on Tuesday and stocks rose as Donald Trump's return to the White House brought mixed messaging on tariffs and highlighted markets' nervousness about the trade policy.

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2 mins  |
January 22, 2025
Financial Express Kolkata

Analysts remain bullish on Zomato despite share dip

Expect sustainable growth profitability in the coming years

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1 min  |
January 22, 2025
Financial Express Kolkata

Paris Pact: US pulls out again, undermines climate agenda

THE UNITED STATES will once again withdraw from the 2015 Paris Agreement on climate change, the White House said on Monday night immediately after Donald Trump assumed office for his second term as President.

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1 min  |
January 22, 2025
Financial Express Kolkata

Renewables' share to remain stable at 21% in FY25: Ind-Ra

THE SHARE OF renewables, including large hydro in the country's overall energy mix, is expected to remain stable at nearly 21% in FY25, India Ratings and Research (Ind-Ra) said.

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1 min  |
January 22, 2025
Financial Express Kolkata

Experts: Relax 20% pre-deposit rule for stay on I-T demand

RUN-UP TO THE BUDGET 2025-26

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1 min  |
January 22, 2025
Financial Express Kolkata

Indian student enrolments in US to grow

Experts see a 20% increase despite Trump comeback

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2 mins  |
January 22, 2025
Financial Express Kolkata

At ₹25,000-cr, Adani Energy bags its largest ever project

ADANI ENERGY SOLUTIONS (AESL), the transmission and distribution arm of the Adani Group, announced on Tuesday that it has secured the ₹25,000 crore Bhadla (Rajasthan)-Fatehpur (Uttar Pradesh) HVDC (high voltage direct current) project.

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1 min  |
January 22, 2025
Financial Express Kolkata

Kalyani feud: Hiremath wants administrator

SUGANDHA HIREMATH, sister of Bharat Forge chairman Baba Kalyani, on Tuesday urged a Pune court to appoint a court administrator to protect the wealth, which includes stakes in listed companies like Bharat Forge, Kalyani Steels and other assets.

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1 min  |
January 22, 2025
Financial Express Kolkata

'Rate-cut cycle unlikely to begin soon unless liquidity improves'

Immediate focus is on improving the market's durable liquidity position. We are not very hopeful of a rate-cut cycle starting anytime soon, and even if it does, we believe that it is probably going to be very shallow where we get at best 50-bps cut in the current cycle.

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3 mins  |
January 22, 2025
Financial Express Kolkata

DPDP Act Will Be Outdated Before It's Passed

The Act targets entities which are complex adaptive platforms that have embedded AI in their processes. To expect them to adhere to static regulations is a mistake

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4 mins  |
January 22, 2025
Financial Express Kolkata

Making of a showstopper

● What Coldplay can teach brands about marketing

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3 mins  |
January 22, 2025
Financial Express Kolkata

Ad highlights how setbacks can shape one's journey

Why the campaign rocks: Honda's \"Unstoppable Dreams\" campaign's message —that failure is a crucial part of success—is something I deeply connect with. In a world where we often focus on achievements, this highlights how setbacks shape our journey and, ultimately, lead to the fulfillment of our dreams.

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1 min  |
January 22, 2025

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