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Financial Express Mumbai

Within striking distance of 8% growth, says Das

INDIA COULD BE within \"striking distance\" of achieving 8% annual economic growth if the global geopolitical situation remains stable, Shaktikanta Das, principal secretary to the prime minister, has said, adding that the government has more economic reforms in the pipeline.

1 min  |

June 30, 2026

Financial Express Mumbai

The corporate jellyfish

EVERY FEW YEARS someone rediscovers the Indian corporate chamcha (sycophant).

2 min  |

June 30, 2026

Financial Express Mumbai

Amazon fuels $15-bn sell-off in Eternal, Swiggy

E-comm giant's quick commerce push with Flipkart has shaken investor confidence in Blinkit & Instamart

3 min  |

June 30, 2026

Financial Express Mumbai

BAT axes 9,000 jobs as smoke-free pivot accelerates

BRITISH AMERICAN TOBACCO is reducing its 47,000-strong global workforce by about one-fifth as part of its sweeping plan to bring down costs and simplify operations.

2 min  |

June 30, 2026

Financial Express Mumbai

India rating safe, says Moody's

INDIA CAN WITHSTAND a potentially wider-than-forecast fiscal deficit this year without jeopardising its investment-grade rating, according to Moody's Ratings, as higher energy prices are expected to pose only temporary Budget pressures.

2 min  |

June 30, 2026

Financial Express Mumbai

For a maritime stake

Setting up many domestic shipyards is urgent; India needs to attract potential Asian investors.

2 min  |

June 30, 2026

Financial Express Mumbai

Jefferies sees clearer path for Jagdishan's third term

GLOBAL BROKERAGE JEFFERIES believes the findings of two independent law firms have significantly improved the prospects of HDFC Bank MD & CEO Sashidhar Jagdishan securing a third term, saying the review clears a key overhang that had weighed on investor sentiment.

1 min  |

June 30, 2026

Financial Express Mumbai

CCI closes its 2012 pharma case for lack of evidence

THE COMPETITION COMMISSION of India (CCI) has closed a 14-year-old antitrust case against several drug companies, leading pharma associations and All India Organisation of Chemists and Druggists (AIOCD), stating that there was insufficient evidence to prove anti-competitive conduct under the Competition Act.

1 min  |

June 30, 2026

Financial Express Mumbai

IBC revamp may bolster policyholder protection

Insurers may have sector-specific framework for insolvency

3 min  |

June 30, 2026

Financial Express Mumbai

GST@9 - REVENUE-GDP SHARE IMPROVES

THE SWEEPING CHANGES made as part of last year's \"GST 2.0\" reforms-which transitioned the tax structure into two main slabs (5% and 18%) and cut tax rates on 375 itemsslightly slowed the growth in tax collections, but as a percentage of GDP, the receipts are still holding up.

1 min  |

June 30, 2026

Financial Express Mumbai

Vaishnaw: Bullet train action plan to be standardised

THE GOVERNMENT HAS drawn up a standardised template for building all future bullet train corridors, creating a common engineering blueprint that will help execute high-speed rail projects faster, cheaper and at scale.

2 min  |

June 30, 2026

Financial Express Mumbai

Firm once fought to keep ITC in tobacco

THERE IS A certain irony in BAT's scramble to move away from cigarettes.

1 min  |

June 30, 2026

Financial Express Mumbai

Eustaquio's injury-time winner sends Canada to round of 16

TWO YEARS AGO, when Stephen Eustaquio walked onto the pitch, he felt purposeless. He had lost his parents in the space of a year, and when he couldn’t find them in the stands, he felt like crying, to quit the game his parents helped build.

2 min  |

June 30, 2026

Financial Express Mumbai

May's industrial growth at three-month high of 5.1%

MANUFACTURING, CONSUMPTION, ELECTRICITY KEY DRIVERS

2 min  |

June 30, 2026

Financial Express Mumbai

Tata Motors targets $35-bn CV business post Iveco deal

TO COMPLETE TRANSACTION BY Q2 FY27, SAYS CHAIRMAN AT AGM

1 min  |

June 30, 2026

Financial Express Mumbai

Burnham vows to shift powers from London

ANDY BURNHAM PLEDGED to radically devolve fiscal powers away from Westminster if he succeeds in his bid to replace Keir Starmer as prime minister.

1 min  |

June 30, 2026

Financial Express Mumbai

Delhi EV policy to boost demand for electric cars

TAX WAIVER FOR EVS BELOW ₹30 LAKH TO BOOST ADOPTION

2 min  |

June 30, 2026

Financial Express Mumbai

India most targeted by ransomware in APAC

INDIA HAS EMERGED as the most targeted market in the Asia-Pacific region for ransomware attacks, with businesses facing nearly 700 attacks every day, according to Kaspersky, as cybercriminals exploit legacy technology infrastructure and weak cyber hygiene.

2 min  |

June 30, 2026

Financial Express Mumbai

Why the oil crisis isn't really over though Brent is down

Brent crude has seen one of its fastest reversals in years — surging on fears of a prolonged Strait of Hormuz shutdown before retreating after the US-Iran agreement. The focus now shifts from panic to recovery, as inventories, shipping & Asian demand determine what comes next, writes Saurav Anand

3 min  |

June 30, 2026

Financial Express Mumbai

IIFCL plans $1-bn loan

IN TALKS FOR $400-MILLION ADB FUNDING

1 min  |

June 30, 2026

Financial Express Mumbai

FCRA 2.0 — Not a facelift, but a full ground-up redesign

THE FOREIGN CONTRIBUTION (Regulation) Amendment Rules 2026, recently notified by the Ministry of Home Affairs, significantly reshapes the framework governing foreign contributions in India.

3 min  |

June 30, 2026

Financial Express Mumbai

‘From building to strengthening’

THE GOODS AND Services Tax (GST) completes its 9 successful years of implementation and it’s a good time to take stock as the indirect tax regime moves from childhood to maturity.

2 min  |

June 30, 2026

Financial Express Mumbai

India's external debt rises to $762.8 bn at FY26-end: RBI

STRONGER DOLLAR REDUCED REPORTED RISE IN EXTERNAL DEBT

1 min  |

June 30, 2026

Financial Express Mumbai

Revisiting financial sponsor deals

OVER THE PAST decade, India’s rapid economic expansion has been significantly underpinned by high-growth startups backed by private equity and venture capital.

3 min  |

June 30, 2026

Financial Express Mumbai

Axis CEO backs higher NRI deposits

LENDERS WILL USE foreign-currency deposits raised from the Indian diaspora in the next few months to replace expensive funds on their books before channeling money to companies, according to the chief executive officer of Axis Bank, the country’s third-biggest private bank by assets.

1 min  |

June 30, 2026

Financial Express Mumbai

JK Cement eyes higher capacity utilisation

JK CEMENT IS prioritising enhanced capacity utilisation and aggressive premiumisation to protect margins against cost inflation this fiscal and is executing an expansion-led strategy to reach 50 million tonnes per annum capacity by 2030, its Joint Managing Director and CEO Madhavkrishna Singhania said.

1 min  |

June 30, 2026

Financial Express Mumbai

Modi to meet all secretaries today

PRIME MINISTER NARENDRA Modi is learnt to have called a meeting of the secretaries of all central ministries and departments on Tuesday to discuss various issues, including reform initiatives taken to improve ease of living and ease of doing business.

1 min  |

June 30, 2026

Financial Express Mumbai

PayU powers Prosus India to profitability in FY26

PROSUS' INDIA ECOSYSTEM turned adjusted Ebitda profitable in FY26, driven by fintech platform PayU, even as the Dutch technology investor expanded its consumer internet portfolio with a fresh investment in Rapido and saw portfolio companies Meesho, Urban Company and BlueStone complete their IPOs.

1 min  |

June 30, 2026

Financial Express Mumbai

Rupee slides on dollar demand & costlier crude

Currency falls 13 paise to settle at 94.53 vs dollar

1 min  |

June 30, 2026

Financial Express Mumbai

Centre lifts restrictions on fuel sale

THE CENTRE ON Monday lifted the temporary restrictions on the sale of petrol and diesel to commercial, industrial and institutional consumers through public sector retail outlets, restoring normal fuel sales from July 1 after the domestic supply situation improved following disruptions caused by the West Asia crisis.

1 min  |

June 30, 2026

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