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Financial Express Kolkata

HUL nears deal to buy Minimalist

UNLIKE MOST OF its new-age competitors in the beauty and personal care category, Minimalist is profitable.

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1 min  |
January 04, 2025
Financial Express Kolkata

Reality check for indices

Indian equity markets ended the week on a pessimistic note due to a strong US dollar, high valuations, and investors adopting a multi-asset strategy. Domestic markets are also facing slower economic growth, sluggish manufacturing, liquidity deficits, and a depreciating rupee. While some sectors saw gains, others experienced significant losses, impacting investor wealth.

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1 min  |
January 04, 2025
Financial Express Kolkata

Poverty below 5%: Report

One of the reasons for the increasingly shrinking horizontal income gap between rural and urban and the vertical income gap within rural income classes.

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1 min  |
January 04, 2025
Financial Express Kolkata

Banks cut down on short-term bonds

EYE LONGER DURATION ON RATE CUT HOPES

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2 mins  |
January 04, 2025
Financial Express Kolkata

Creta EV to run into strong rivals at launch

● It's Hyundai's third electric car after Kona EV and Ioniq 5

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1 min  |
January 04, 2025
Financial Express Kolkata

Accelerating adoption of zero-emission trucking

The transport sector contributes 8.4% of total emissions in India, with freight transport dominated by heavy-duty trucks playing a major role. Trucks represent just 3% of the vehicle fleet, yet emit 53% particulate matter. With truck sales projected to grow sixfold to 69 million by 2070-71, addressing freight-related emissions is critical.

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2 mins  |
January 04, 2025
Financial Express Kolkata

A new route from Delhi to Chandigarh

DELHI TO Chandigarh is a painful road trip, isn't it, with its unending traffic jams and construction at Kundli, Panipat and Ambala?

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1 min  |
January 04, 2025
Financial Express Kolkata

Keep equities at 60%, fixed income at 40%

• Stick to SIPs, STPs to avoid market timing risks

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2 mins  |
January 04, 2025
Financial Express Kolkata

Claim HRA, home loan relief if working in different cities

the exemption under Section 54 by mentioning the purchase of the new flat in May. The exemption under Section 54 applies irrespective of the financial year, as long as the reinvestment conditions are met, and the amount is reinvested before the due date of filing income tax return for the year of sale.

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2 mins  |
January 04, 2025
Financial Express Kolkata

Electric hype, hidden costs

INDIA MUST EMBRACE A BROADER, MORE INCLUSIVE VISION OF CLEAN MOBILITY

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4 mins  |
January 04, 2025
Financial Express Kolkata

Why Mark Zuckerberg No Longer Needs Nick Clegg

DURING THE 2010 UK election campaign, Nick Clegg, the leader of the Liberal Democrats, demonstrated the qualities his future boss, Mark Zuckerberg, would later need desperately.

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3 mins  |
January 04, 2025
Financial Express Kolkata

Preparing for Trump 2.0

India needs a proper strategy to respond to the US President-elect's threats on tariffs

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2 mins  |
January 04, 2025
Financial Express Kolkata

Trump and crypto flip-flops

Regulators must hold their ground, resisting the call of deregulation and ensuring crypto's integration into the financial system is guided by prudence, not populism

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3 mins  |
January 04, 2025
Financial Express Kolkata

Mercedes, Toyota Building Super-Hybrids

The Mercedes GLC 350e offers four zones of climate control and its headlights project icons onto the pavement—such as a pedestrian—to warn of coming hazards.

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1 min  |
January 04, 2025
Financial Express Kolkata

A $24-billion fund puts its religious stamp on corporate America

JIM LAKE, a devout Christian in Washington state, said his religious beliefs have always made him opposed to practices such as abortion, transgender transitions, or embryonic stem cell research.

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3 mins  |
January 04, 2025
Financial Express Kolkata

Biden blocks US Steel takeover bid by Nippon

PRESIDENT JOE BIDEN has blocked the $14.1-billion sale of United States Steel to Nippon Steel, killing a high-profile deal that sparked a political firestorm and tensions between the US and Japan.

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1 min  |
January 04, 2025
Financial Express Kolkata

Boeing Still Needs Culture Change: FAA

A year after a panel blew out of a Boeing 737 Max during flight, the nation's top aviation regulator says the company needs \"a fundamental cultural shift\" to put safety and quality above profits.

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1 min  |
January 04, 2025
Financial Express Kolkata

US car sales get boost

South Korea's Hyundai Motor Co and affiliate Kia Corp aim to grow their combined global sales by 2% to 7.39 million vehicles in 2025, after reporting a dip in 2024 sales and missing their targets.

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1 min  |
January 04, 2025
Financial Express Kolkata

China's central bank likely to cut rates this year

POLITBURO LAST MONTH EASED THE NATION'S MONETARY POLICY STANCE FOR THE FIRST TIME IN 14 YEARS

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2 mins  |
January 04, 2025
Financial Express Kolkata

Forex reserves drop to eight-month low

The reserves fell by $4.1 bn in the week ended Dec 27, after falling by a cumulative $13.7 bn in the prior three weeks

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1 min  |
January 04, 2025
Financial Express Kolkata

Kotak Bank's Nagnur Steps Down as COO, CTO

KOTAK MAHINDRA BANK'S chief operating officer (COO) and chief technology officer (CTO) Milind Nagnur has stepped down due to personal reasons, the bank said in an exchange filing on Friday.

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1 min  |
January 04, 2025
Financial Express Kolkata

Weakening Rupee Will Benefit Export-Oriented Firms: Mobius

While a weakening rupee is a dampener for foreign investment inflows into India, export-oriented companies could benefit from the fall in the local currency, as they become more competitive against China, Mark Mobius, chairman of Mobius Emerging Opportunities Fund, said on Friday.

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1 min  |
January 04, 2025
Financial Express Kolkata

Banks post strong growth in advances, deposits in Q3

STARTING THE NEW year on a positive note, Bank of Baroda, Bank of India, Yes Bank, and IDFC First Bank reported strong growth in advances and deposits in Q3.

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2 mins  |
January 04, 2025
Financial Express Kolkata

JM Fin gets Sebi warning over lapses; stock falls

The Securities and Exchange Board of India (Sebi) has issued JM Financial an administrative warning over regulatory non-compliance during the initial public offering (IPO) of its client, Western Carrier (India).

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1 min  |
January 04, 2025
Financial Express Kolkata

Bajaj Housing Finance stock may drop 21%: Kotak report

Initiates coverage with 'sell' rating; target price at ₹100

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1 min  |
January 04, 2025
Financial Express Kolkata

Unlisted shares on a high with rising investor interest

WITH INTEREST IN the unlisted space growing, several smaller firms are deploying innovative ways to tap small investors.

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2 mins  |
January 04, 2025
Financial Express Kolkata

Zomato & Swiggy May Continue ₹10 Fee After Festivities

Zomato and Swiggy are likely to continue charging customers the increased platform fee of ₹10 per order even after the festive season ends, sources aware of the matter told FE.

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1 min  |
January 04, 2025
Financial Express Kolkata

India's Smartphone Market to Hit $50-bn Milestone in 2025

THE COUNTRY'S SMARTPHONE market is expected to cross $50 billion (₹4.3 lakh crore) in value in 2025, according to Counterpoint Research.

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1 min  |
January 04, 2025
Financial Express Kolkata

Tata Elxsi joins Qualcomm for future mobility

TATA ELXSI PLANS to collaborate with Qualcomm Technologies to develop and leverage virtual models of Snapdragon Digital Chassis solutions for cloud-native application development.

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1 min  |
January 04, 2025
Financial Express Kolkata

Weak demand to keep revenue growth of FMCG firms muted

Analysts see slower volume growth from weak urban demand

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2 mins  |
January 04, 2025