Rs 45,000-cr package for export push gets Cabinet nod
Rs 45,000-cr package for export push gets Cabinet nod
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Rs 45,000-cr package for export push gets Cabinet nod

🕒︎ 2025-11-12

Copyright financialexpress

Rs 45,000-cr package for export push gets Cabinet nod

1 / 50 Rs 45,000-cr package for export push gets Cabinet nod Policy 28 min ago This is an AI assisted summary. The government has launched a Rs 45,060 crore package to aid exporters dealing with tariff challenges. This includes a new Export Promotion Mission with interest subvention and other financial support for MSMEs. The EPM has two components and aims to improve market access, logistics, and branding for India. Read Full Article URL Copied Swipe up for next shorts 2 / 50 Cabinet nod to royalty cut for critical minerals Policy 35 min ago This is an AI assisted summary. The Cabinet has approved a decrease in royalty rates for critical minerals, such as caesium, graphite, rubidium, and zirconium, to promote the auction of mineral blocks and unlock associated critical minerals. The revised rates, ranging from 2-4%, will be based on the Average Sale Price (ASP) of the metal contained in the ore. Read Full Article URL Copied Swipe up for next shorts 3 / 50 R&AW chief Parag Jain given additional charge of Secretary (Security), Cabinet Secretariat India News 49 min ago This is an AI assisted summary. Parag Jain, senior IPS officer, has been given additional charge as Secretary (Security) of Cabinet Secretariat and will continue to serve as Secretary of R&AW. This temporary arrangement aims to maintain operational stability and align policies between R&AW and internal security frameworks. Jain's expertise in intelligence fusion and use of AI is expected to enhance national security efforts. Read Full Article URL Copied Swipe up for next shorts 4 / 50 ‘We can take over stressed discoms and turn them around,’ Praveer Sinha CEO Tata Power Business 1 hr ago This is an AI assisted summary. Tata Power is making progress in clean energy through acquiring a stake in a hydropower project and building a facility for wafers and ingots. The CEO shares their growth strategy, which includes expanding power distribution, supplying data centers, and exploring nuclear energy. Read Full Article URL Copied 5 / 50 Sensex vaults 595 pts as rally extends for 3rd session Market 1 hr ago This is an AI assisted summary. On Wednesday, the benchmark indices rose by 0.71% for the third consecutive day, driven by positive factors such as US President Donald Trump's comments on H1-B visas, optimism over a potential India-US trade deal, and exit polls predicting an NDA victory in Bihar. The Sensex closed at 84,466.51, while the Nifty closed at 25,875.80. The market breadth turned positive, with 2,509 gainers against 1, Read Full Article URL Copied 6 / 50 Ashok Leyland Q2 net profit flat at Rs 771 cr Business 1 hr ago This is an AI assisted summary. Ashok Leyland's Q2 net profit remains unchanged at Rs 771.06 crore as domestic demand remains low, but standalone revenue from operations grows by 9%. The company's Ebitda margin improves to 12.1% and total CV volumes increase by 8%. Market share in the domestic MHCV segment is maintained and demand increases after GST 2.0 rollout. Strong order book and investments in EV and battery planned. Read Full Article URL Copied 7 / 50 Government approves Export Promotion Mission with outlay of Rs 25,060 crore for six years Economy 1 hr ago This is an AI assisted summary. The Indian government has approved a Rs 25,060 crore Export Promotion Mission to help exporters facing US tariffs. The mission will have two sub-schemes and will prioritize sectors affected by global tariff hikes. It aims to improve trade finance, export readiness, and market access through a digital platform managed by the Directorate General of Foreign Trade. Read Full Article URL Copied 8 / 50 Sebi’s top brass may be considered ‘insider’: Panel Market 1 hr ago This is an AI assisted summary. Sebi committee proposes changes to conflict-of-interest guidelines to enhance governance and transparency, including pre-appointment disclosures, asset and liability disclosures, ban on gifts, cooling-off period for former officials, and a digital repository of disclosures and recusals. These changes aim to promote trust in Sebi. Read Full Article URL Copied 9 / 50 Explainer: Why retail investors are yet to warm up to bonds Market 2 hr ago This is an AI assisted summary. Indian retail investors have a strong presence in the equity market, but their involvement in the bond market is lacking due to lack of knowledge and liquidity concerns. The government and Sebi are implementing measures to encourage participation through incentives and awareness campaigns. Read Full Article URL Copied 10 / 50 Keeping time with the Tatas Business 54 min ago This is an AI assisted summary. Bhaskar Bhat, former MD of Titan, has been appointed as a trustee of the Sir Dorabji Tata Trust (SDTT), the largest philanthropic entity of the Tata group. With nearly 27.98% stake in Tata Sons, the holding company of the conglomerate, SDTT holds significant power. Read Full Article URL Copied 11 / 50 MSMEs flag low credit flow, NPA norms in pre-Budget meet Policy 2 hr ago This is an AI assisted summary. MSMEs have expressed concerns to the finance minister about credit flow, loan classification norms, and QCOs. They urge the government to address liquidity issues and policy hurdles to ensure growth. Cash flow pressures and NPA classification due to temporary mismatches were also highlighted. Read Full Article URL Copied 12 / 50 Tata Steel beats the Street, profit zooms 272% Business 2 hr ago This is an AI assisted summary. Tata Steel's consolidated net profit saw a significant 272% increase at Rs 3,102 crore, surpassing expectations. The company's revenue also rose by 8.9% to Rs 58,689 crore, credited to improved steel prices and cost-cutting measures. MD & CEO TV Narendran highlighted plans for expansion and a share purchase agreement with BlueScope Steel. Read Full Article URL Copied 13 / 50 Food inflation in negative zone for 5th month in a row Policy 2 hr ago This is an AI assisted summary. October saw the fifth consecutive month of negative retail food inflation at (-) 5.02%, due to low prices of vegetables, cereals, pulses, meat, eggs, and spices. The consumer food price index also declined by 0.24% compared to September and 10.87% in October last year. Read Full Article URL Copied 14 / 50 CPSEs’ capex rises 13% in April–Oct Business 2 hr ago This is an AI assisted summary. CPSEs and key central agencies, including Indian Railways and NHAI, have recorded a 13% year-on-year growth in capital expenditure in the April-October period of FY26, reaching Rs 4.4 lakh crore. This represents 56.5% of the full-year target of Rs 7.85 lakh crore, with Indian Railways and NHAI being the main drivers. Read Full Article URL Copied 15 / 50 Retail inflation plunges to series-low of 0.25% in Oct Policy 2 hr ago This is an AI assisted summary. India's retail inflation reached a historic low of 0.25% in October due to a combination of factors such as a favorable base effect, decrease in vegetable and cereal prices, and GST rate cuts. This is the third instance in four months that inflation has fallen below the RBI's tolerance range, raising the possibility of a rate cut in December. Read Full Article URL Copied 16 / 50 Asian Paints Q2 rises 43% to Rs 994 crore on strong domestic demand Business 57 min ago This is an AI assisted summary. Asian Paints reported a 43% increase in consolidated net profit for the September quarter, beating street estimates. Revenue from operations also saw a 6.3% y-o-y growth, driven by decorative, automotive, and industrial paints. The company's domestic decorative business showed a double-digit volume growth of 10.9%. Read Full Article URL Copied 17 / 50 Mamaearth-parent posts Rs 39 cr profit in Q2, revenue up 16% Business 3 hr ago This is an AI assisted summary. Honasa Consumer, parent company of Mamaearth, recorded a net profit of Rs 39 crore in Q2, a significant improvement from last year's loss of Rs 19 crore. Despite a 28 crore loss due to a change in settlement with Flipkart, the company's revenue increased by 16.5% and expenses remained stable. Read Full Article URL Copied 18 / 50 Bihar Assembly Elections 2025: Richest and poorest candidates revealed India News 3 hr ago This is an AI assisted summary. The second phase of Bihar assembly election saw a historic 65% voter turnout, while 42% of the 2,600 candidates have declared assets of over Rs 1 crore, a significant rise from the last election. Ran Kaushal Pratap Singh of the Vikassheel Insaan Party is the wealthiest candidate with assets worth Rs. 40 crore, according to ADR. Read Full Article URL Copied 19 / 50 NTPC plans to start coal gasification ventures Business 3 hr ago This is an AI assisted summary. NTPC, a state-run power utility, will venture into coal gasification next year to produce 5-10 million tonnes of synthetic natural gas annually. The projects will use high ash Indian coal and take 4-5 years. The company also plans to increase nuclear capacity to 30 GW and has formed a subsidiary for nuclear energy. Revised long-term capacity target is 149 GW by FY32. Read Full Article URL Copied 20 / 50 Russian President Vladimir Putin to visit India in December: Report World News 3 hr ago This is an AI assisted summary. Russian President Vladimir Putin's upcoming visit to India in December has been confirmed by his spokesperson Dmitry Peskov. This visit comes after Putin and Indian Prime Minister Narendra Modi reaffirmed their commitment to strengthen their strategic partnership in October 2025. Read Full Article URL Copied 21 / 50 Tata Motors demerger ends cross-subsidy: Chandrasekaran Business 3 hr ago This is an AI assisted summary. Tata Motors has successfully split its commercial and passenger vehicle divisions into two separate companies, a move that will allow them to focus on individual goals. The demerger was first proposed in 2017-18 but was delayed due to the pandemic. Read Full Article URL Copied 22 / 50 Jio seeks Trai review of net neutrality norms Business 4 hr ago This is an AI assisted summary. Reliance Jio urges Trai to reconsider net neutrality rules to allow for differentiated tariff products using 5G network slicing technology. This allows for multiple virtual networks for specific use cases while ensuring equal Internet access. Jio believes Trai should adopt a nuanced approach to balance innovations and consumer interests in light of evolving global practices. Read Full Article URL Copied 23 / 50 Chola Finance bets on mortgage business Business 4 hr ago This is an AI assisted summary. Cholamandalam Investment and Finance Company is focusing on mortgage and vehicle finance to drive asset growth and diversification. Disbursements in consumer and SME loans have decreased due to profitability concerns. Read Full Article URL Copied 24 / 50 Banks to flag high loss-given default provisioning Business 3 hr ago This is an AI assisted summary. Banks are seeking more flexibility on the loss-given default assumption of 45% for secured loans, arguing that this could overstate the loss potential. The draft proposes higher provisioning for Stage-2 accounts, which could impact capital ratios by 75-125 basis points. Read Full Article URL Copied 25 / 50 ‘Leave denied, resigned immediately’: Employee says he was later ‘asked to stay’ Trending News 4 hr ago This is an AI assisted summary. An Indian employee at a US-based startup resigned via WhatsApp after his leave request was denied just because he didn't tell his boss why he needed the time off. After the employee resigned, he blocked his boss's access to the drive, fearing that he might withhold his payment. Later on, he and his boss had a chat, and he was asked to take back his resignation. Read Full Article URL Copied 26 / 50 Trump’s son-in-law Kushner’s $500m luxury hotel caught in Serbian row World News 4 hr ago This is an AI assisted summary. Serbians in Belgrade protested against Jared Kushner's plan for a luxury hotel on a bombed military complex, seen as a symbol of pride and tribute to 1999 NATO bombing victims. Despite opposition, the government passed legislation citing economic benefits and improved US ties. Albania has also approved a similar project by Kushner's company. Read Full Article URL Copied 27 / 50 Hiring intent increases to 11% in 2026, shows revival in job market: Report Jobs and Career 4 hr ago This is an AI assisted summary. The India Decoding Jobs 2026 Report by Taggd and CII forecasts a significant increase in hiring experienced professionals, driven by sectors like BFSI, manufacturing, and infrastructure. AI will play a major role in transforming recruitment processes. The report emphasises a preference for mid- to senior-level employees, a rise in hiring in Tier II cities. Read Full Article URL Copied 28 / 50 1 in 2 Indians tested show high blood sugar: New analysis warns of rising diabetes threat Life 4 hr ago This is an AI assisted summary. A recent report by PharmEasy reveals that half of India's population has high blood sugar levels, with 1 in 3 individuals at diabetic levels and 1 in 4 at risk for prediabetes. The trend of diabetes affecting younger people is on the rise, highlighting the importance of healthier lifestyles. Read Full Article URL Copied 29 / 50 Mamdani will turn New York City into Mumbai, warns US investor World News 5 hr ago This is an AI assisted summary. Billionaire Barry Sternlicht cautions that New York City may turn into Mumbai under Mayor Zohran Mamdani's socialist policies. These include a rent freeze and tenant protections, which could drive away investors and harm the housing market. Mamdani's platform also includes a rent freeze, higher corporate taxes, and increased social benefits, despite living in a small rented room himself. Read Full Article URL Copied 30 / 50 Retail inflation cools to 0.25% in October – Lowest YoY rate in current CPI series Policy 5 hr ago This is an AI assisted summary. October CPI inflation dropped to 0.25%, the lowest on record since 2015, due to the impact of GST reduction and favorable base effect. Food inflation also declined to -5.02%. Rural and urban areas both saw a decrease in inflation, with food prices falling in both regions. Other sectors such as housing, education, and transport also saw a decrease in inflation. Read Full Article URL Copied 31 / 50 India’s air traffic grows 2.6% to 20 crore in H1 FY26, to hit 43 crore in FY26 Business 5 hr ago This is an AI assisted summary. India's air passenger traffic grew 2.6% in H1FY26, with domestic traffic increasing 1.6% and international traffic growing 6.9%. The projected passenger traffic for FY26 has been revised to 43 crore. Operating income is expected to increase, leading to a 40% growth in PBILDT for 11 airports. The airport sector has a favourable outlook with a CAGR of 8-9% over the medium term Read Full Article URL Copied 32 / 50 SpiceJet Q2FY26: Net loss at Rs 635 crore; CMD bets on fleet expansion for turnaround Business 5 hr ago This is an AI assisted summary. SpiceJet, a low-cost carrier, reported a widening consolidated net loss of Rs 621.49 crore in Q2FY26 compared to Rs 458.26 crore in Q2FY25. The airline's consolidated revenue from operations also declined by 13% to Rs 792 crore. However, the company expects positive financial performance 2HFY26. The airline's bottom line was affected by multiple factors. Read Full Article URL Copied 33 / 50 US, UK, and Canada update travel advisories for India after deadly Delhi blast World News 5 hr ago This is an AI assisted summary. Red Fort blast: Several countries have updated their travel warnings for India after a deadly car explosion near Delhi’s Red Fort on Monday evening. The incident left 13 people dead and 21 others injured. The explosion happened around 6:52 pm, right during rush hour, near the busy Lal Qila Metro Station, an area often crowded with tourists and locals. Read Full Article URL Copied 34 / 50 Red colour Ford Eco Sport car under Delhi police radar, is part of the terror module India News 4 hr ago This is an AI assisted summary. Delhi police on high alert after car blast near Red Fort metro station. Suspects have a red Ford Eco Sport car in addition to the Hyundai i20. Over 1,000 CCTV footage clips scanned, suggests suicide attack. Security heightened in Delhi, UP, Bihar, and Mumbai. Social media and mobile phone data being monitored by investigative agencies. Read Full Article URL Copied 35 / 50 Dragged luggage down street: Guests kicked out as Marriott’s partner files for bankruptcy World News 6 hr ago This is an AI assisted summary. Marriott's partnership with Sonder ended abruptly due to Sonder's bankruptcy, leaving hotel guests from Boston to Dubai stranded mid-stay. Guests were forced to vacate their rooms and retrieve their belongings from plastic bags in the hallways. Sonder's integration with Marriott's booking system reportedly led to a decline in revenue, causing the company to file for liquidation. Read Full Article URL Copied 36 / 50 Dhruv Jurel to play in Kolkata’s test match, confirms assistant coach Sports 5 hr ago This is an AI assisted summary. Indian batter and wicket-keeper, Dhruv Jurel, is set to play the test match against South Africa at Eden Gardens, Kolkata. Ryn Ten Doeschate, assistant coach of men’s cricket, confirmed the news during a press conference. Jurel's impressive performance in the West Indies series and his recent form in first-class cricket has solidified his spot in the playing XI. Read Full Article URL Copied 37 / 50 Ashok Leyland Q2FY26: Profit rises 6.93%, announces Rs 1 interim dividend Business 5 hr ago This is an AI assisted summary. Ashok Leyland reported a 6.93% increase in net profit at Rs 819.70 crore in Q2FY26 compared to the same period last year. Revenue also saw a significant rise of 9.40% at Rs 10,543.97 crore. The company declared an interim dividend of Rs 1 per share and recorded an EBITDA of Rs 1,162 crore. Read Full Article URL Copied 38 / 50 HAL Q2FY26 results: Profit rises 10.5%, revenue up 10.9% Business 5 hr ago This is an AI assisted summary. Hindustan Aeronautics (HAL) reports a net profit of Rs 1,669.05 crore in Q2FY26, a 10.50% increase from the previous year. Revenue also saw a 10.92% rise, with a 20.62% increase in net profit and 37.55% increase in revenue from the previous quarter. Read Full Article URL Copied 39 / 50 SEBI reform push: Panel suggests mandatory asset disclosure, conflict-of-interest checks Business 6 hr ago This is an AI assisted summary. A panel recommends that India's market regulator chairman and senior officers disclose their assets and liabilities to increase transparency. Applicants for the position must also disclose potential conflicts of interest to the Finance Ministry. The report, if accepted, would align SEBI with global standards. The panel was formed after the previous chief faced conflict of interest allegations. Read Full Article URL Copied 40 / 50 Inside Nagarjuna Akkineni’s Rs 45 cr luxurious Hyderabad house with Rs 80 lakh furniture Lifestyle 6 hr ago This is an AI assisted summary. Nagarjuna Akkineni, a veteran actor with a successful career of three decades, has won hearts in both Telugu and Bollywood films. He has also built a successful empire outside of movies, including a lavish bungalow worth Rs 45 crore in Hyderabad's Jubilee Hills area. Read Full Article URL Copied 41 / 50 Asian Paints Q2 FY26 results: Profit jumps 48% to Rs 1018 crore, revenue at Rs 8,513 crore Business 5 hr ago This is an AI assisted summary. Asian Paints, the largest paintmaker in India, saw a significant 46.79% YoY profit growth in Q2 FY26, with a consolidated net profit of Rs 1,018 crore. The company also reported a 6.3% YoY revenue growth, reaching Rs 8,513 crore. Despite challenges posed by the monsoon, the domestic decorative business showed a double-digit volume growth of 10.9% and a 6% increase in value. This Read Full Article URL Copied 42 / 50 Can Vodafone-Idea bounce back? Q2 shows growth, but Rs 2 lakh crore debt still a challenge Business 5 hr ago This is an AI assisted summary. Vodafone Idea's Q2 results and Supreme Court order on AGR dues brought relief, but the telecom company still faces challenges. With mounting losses and no funding, VI is working with the government and banks to ease its financial burden. However, resolving the AGR dues issue is crucial for securing debt funding and ensuring survival. Read Full Article URL Copied 43 / 50 Q2 Earnings signal a turning point? 3 reasons why Kotak predicts 10% growth in FY26 Business 7 hr ago This is an AI assisted summary. Kotak Institutional Equities predicts a turning point for India Inc as Q2 performance shows mixed results, with select sectors showing improved earnings. They expect a 10% growth in Nifty 50 profit for FY26 and 17% for FY27. Q3 is expected to see improved consumer sector volumes, while IT companies remain cautious. The brokerage has increased weights for Reliance and L&T. Read Full Article URL Copied 44 / 50 Markets rally on Bihar exit poll: Nifty ends near 25,900, Sensex jumps 595 points Market 6 hr ago This is an AI assisted summary. Indian benchmarks closed higher for the third consecutive session, with the Nifty 50 and Sensex ending 0.70% and 0.71% higher, respectively. Banking, midcap, and smallcap stocks also saw gains, while global equities rallied on renewed risk appetite. Large-cap stocks in the auto, IT, and pharma sectors led the gains, reflecting improved global sentiment. Read Full Article URL Copied 45 / 50 Kusha Kapila to Tanmay Bhatt: How these digital creators built their business empires Lifestyle 7 hr ago This is an AI assisted summary. Influencers, content creators, and YouTubers have become major players in the entertainment industry, with many now endorsing brands and appearing on billboards. The 'social media dream' has made becoming a creator more desirable than entering showbiz. Kusha Kapila, Tanmay Bhatt, Diipa Khosla, Bhuvan Bam, and Ranveer Allahbadia are prime examples of successful creators turned entrepreneurs. Read Full Article URL Copied 46 / 50 Weight loss drug Wegovy becomes cheaper in India, slashes price by up to 37% Life 7 hr ago This is an AI assisted summary. Novo Nordisk, a Danish pharma company, has lowered the price of its anti-obesity drug, Wegovy, by up to 37% in India to compete with rival Eli Lilly's drug, Mounjaro. Mounjaro has been the top-selling drug in India, with sales of Rs 100 crore in October. GLP-1 drugs like Wegovy and Mounjaro promote weight loss and are prescribed for obesity and diabetes. Read Full Article URL Copied 47 / 50 Inside the Netflix House: Stranger Things decor and KPop Demon Hunters snacks Life 9 hr ago This is an AI assisted summary. Netflix has opened its first 'Netflix House' in Philadelphia. The arena features pop-culture corridors & K-pop snacks. The grand atrium is adorned with Netflix's signature red envelope, leading to a Tudum Theatre and immersive experience centres inspired by One Piece and Wednesday. The venue also includes a mini golf course, virtual reality area, and a Netflix Bites restaurant. Read Full Article URL Copied 48 / 50 Al-Falah University distances itself from Red Fort blast accused India News 8 hr ago This is an AI assisted summary. Al-Falah University has denied any involvement in the Red Fort blast case and condemned the incident. It said that it is cooperating with authorities and has distanced itself from those arrested, reaffirming its commitment to national security and providing a peaceful environment for students. Two doctors affiliated with the university have been arrested. Read Full Article URL Copied 49 / 50 COP30 Summit: Baton-wielding protesters force their way into venue- Watch World News 8 hr ago This is an AI assisted summary. Belém, Brazil: Dozens of Indigenous protesters stormed the entrance of the COP30 climate summit in Belém on Tuesday, demanding strict action to protect forests and Indigenous lands. The situation turned chaotic and concerning as they clashed with security guards outside the venue, CNN reported. Read Full Article URL Copied 50 / 50 What are the trends behind India’s fall in the Global Gender Gap rankings? World News 8 hr ago This is an AI assisted summary. India falls to 131st rank in World Economic Forum's Global Gender Gap Index 2025, due to slow progress in gender parity and challenges in political representation and economic participation of women. Despite a slight improvement, the country's score is below global and South Asia averages. Published annually, the Global Gender Gap Report highlights India's struggle for gender equality. Read Full Article URL Copied

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