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Financial Express Lucknow

PSBs ready ₹20K-cr war chest for ECL transition

PUBLIC SECTOR BANKS (PSBs) are readying a combined war chest of an estimated %20,000 crore in provisions as they prepare to transition to the Reserve Bank of India’s expected credit loss (ECL)- based provisioning framework from April 1, 2027.

2 min  |

October 28, 2025

Financial Express Lucknow

Ola Electric scales up spare parts platform

OLA ELECTRIC ON Monday announced the launch of Hyperservice,an open platform allowing independent mechanics and garages across India to purchase company certified genuine spare parts directly through its customer app and website, eliminating intermediaries.

1 min  |

October 28, 2025

Financial Express Lucknow

Shrimp exports to US drop 75% in Sept

INDIA'S EXPORTS OF marine products to the US, the singlelargest export destination, fell sharply with imposition of tariff with exporters projecting 75% year-on-year fall in shipments in September.

2 min  |

October 28, 2025

Financial Express Lucknow

Crude import from US at highest level since 2022

INDIA'S CRUDE OIL imports from the United States climbed to their highest level since 2022 in October, a move seen as part of New Delhi's effort to diversify supplies away from Russia and ease trade tensions with the Trump administration.

1 min  |

October 28, 2025

Financial Express Lucknow

Big Tech makes California state its AI training ground

ON THE FIRST day of AI Camp, a new summer programme at California State University (Cal State), Savannah Bosley got a hands-on introduction to Amazon Bedrock, a system for building artificial intelligence apps.

2 min  |

October 28, 2025

Financial Express Lucknow

Wider adoption of TReDS needed to help MSMEs, says RBI deputy governor

GREATER USE OF Trade Receivables Discounting System (TReDS), alternative credit assessment models, and fair lending practices are needed to support the revival of stressed but viable micro, small and medium enterprises (MSMEs), said Reserve Bank of India Deputy Governor Swaminathan J.

1 min  |

October 28, 2025

Financial Express Lucknow

PNB Housing Q2 profit rises 24% to ₹582 crore

PNB HOUSING FINANCE on Monday reported a 24% increase in its net profit to %582 crore for the quarter ended September due to higher growth in the affordable and emerging market segments.

1 min  |

October 28, 2025

Financial Express Lucknow

MCX stock up 4% on BULLDEX options launch

THE SHARE PRICE of Multi Commodity Exchange of India (MCX) jumped nearly 4% on Monday as it launched a new series of options contracts on its bullion index - MCX BULLDEX.

1 min  |

October 28, 2025

Financial Express Lucknow

US-China trade truce hopes rise

US PRESIDENT DONALD Trump received a royal welcome on Monday in Japan, the latest leg of a five-day Asia trip which he hopes to cap with an agreement ona trade war truce with Chinese President Xi Jinping.

1 min  |

October 28, 2025

Financial Express Lucknow

NCAER: Biz sentiment eases in Q2

BUSINESS SENTIMENTS MODERATED in the second quarter of the 2025-26 after improving for three consecutive quarters due to global uncertainties, particularly the US policies including the imposition of additional tariffs, hike in H-1B visa fees, and tariffs on branded and patented pharmaceuticals, according the NCAER Business Expectations Survey for India, released on Monday.

1 min  |

October 28, 2025

Financial Express Lucknow

Adani to invest ₹43K cr more in Dighi Port

ADANI GROUP HAS committed to invest another ₹42,500 crore in the Dighi Port project in the coastal Konkan belt of Maharashtra, government officials said on Monday.

1 min  |

October 28, 2025

Financial Express Lucknow

Aakash EGM for rights issue: Byju's moves NCLAT

THINK & LEARN, which owns edtech brand Byju’s,on Monday moved the National Company LawAppellate Tribunal (NCLAT) against the NCLT order, which last week declined its plea to restrain Aakash Educational Services from convening its EGM for the rights issue.

1 min  |

October 28, 2025

Financial Express Lucknow

Musk could leave Tesla if $1-trn pay plan is rejected

ELON MUSK COULD leave Tesla as CEO if his proposed $1 trillion pay package was not approved, Chair Robyn Denholm warned in a letter to shareholders on Monday.

1 min  |

October 28, 2025

Financial Express Lucknow

Ford’s F-150 chokepoint shows limits of trade war

FORD MOTOR CO. has been hit by not one but two butterfly effects.

3 min  |

October 28, 2025

Financial Express Lucknow

Steel imports dip 29% in H1, yet sector sees net forex outgo

AN ARTICLE PUBLISHED in the Reserve Bank of India’s October bulletin has flagged growing concerns overthe vulnerability of India’s steel industry amid competitive global pricing and rising import pressure.

3 min  |

October 27, 2025

Financial Express Lucknow

Transparency, easier norms to boost SLB volumes: Experts

TRANSPARENT PROFIT AND loss metrics from brokers,along with regulations to lower margin costs, are needed to ignite interestin the securities lending and borrowing (SLB) segment, according to industry experts.

2 min  |

October 27, 2025

Financial Express Lucknow

Suspects in Louvre jewel heist arrested

SUSPECTS HAVE BEEN arrested over the brazen jewellery heist at the Louvre, just as one of them was about to fly out of France, the Paris prosecutor said on Sunday.

1 min  |

October 27, 2025

Financial Express Lucknow

Charting a New Course

Enhancing India's Water Transport Infrastructure

6 min  |

October 27, 2025

Financial Express Lucknow

Flight ops resume at Delhi's Terminal 2

TERMINAL WAS SHUT FOR RENOVATION IN APRIL

1 min  |

October 27, 2025

Financial Express Lucknow

SBI to recruit 3,500 officers to boost ops

THE COUNTRY’S BIGGEST lender, State Bank of India (SBI), plans to hire around 3,500 officers to bolster its operations and enhance service delivery nationwide.

1 min  |

October 27, 2025

Financial Express Lucknow

Logistics arm Valmo powers Meesho’s profitability push

E-COMMERCE UNICORN MEESHO, which is set to list its shares publicly in the coming months, has substantially improved its margins over the last two years, thanks, in part, to the rapid scaling of its in-house logistics arm Valmo.

1 min  |

October 27, 2025

Financial Express Lucknow

A global classroom in Mumbai

BITSOM'S FACULTY EDGE: 90% OF COURSES ARE TAUGHT BY TOP GLOBAL PROFESSORS

3 min  |

October 27, 2025

Financial Express Lucknow

Lenskart’s ₹7.2K-cr IPO set to hit D-St on Oct 31

EYEWEAR MANUFACTURER AND retailer Lenskart Solutions is preparing to launch its initial public offering (IPO) on October 31, with the issue expected to raise approximately ₹7,278 crore, valuing the company at ₹72,719 crore.

2 min  |

October 27, 2025

Financial Express Lucknow

Acquisition financing guidelines empower banks, with guardrails

Banks to seek clarity on scope and structure of new framework

2 min  |

October 27, 2025

Financial Express Lucknow

Prices of pulses stay below MSP

MANDI PRICES FOR pulses and oilseeds continue to trade below the minimum support price (MSP) as kharif crop arrivals pick up across key markets, traders said.

1 min  |

October 27, 2025

Financial Express Lucknow

US and China agree on trade deal framework

Talks cover rare earths, fentanyl and TikTok

1 min  |

October 27, 2025

Financial Express Lucknow

US, China agree on trade...

HE SAID TRUMP and Xi would discuss soyabean and agricultural purchases from American farmers, more balanced trade and resolving the US fentanyl crisis, which was the basis of 20% US tariffs on Chinese goods.

2 min  |

October 27, 2025

Financial Express Lucknow

First-ever income survey toughest; anonymity and awareness key: MoSPI secy

THE FIRST EVER, pan-India National Household Income Survey (NHIS), slated to begin in February, may be one of the “toughest” surveys the Ministry of Statistics and Programme Implementation (MoSPI) has done and key to its success will be raising public awareness and gaining their confidence, MoSPI secretary Saurabh Garg said in an interview.

3 min  |

October 27, 2025

Financial Express Lucknow

OVL seeks legal help as US curbs hit Russian oilfield with Indian stake

ONGC VIDESH LTD (OVL) has sought legal opinion after the US imposed sanctions on a Russian oilfield in which a consortium of Indian companies holds a 49.9% stake, sources said.

1 min  |

October 27, 2025

Financial Express Lucknow

Modi calls for early review of India-Asean trade pact

PRIME MINISTER NARENDRA Modi on Sunday said that an early review of the India-Asean ASEAN-India Trade in Goods Agreement (AITIGA) could unleash the full economic potential of the bilateral relationship.

1 min  |

October 27, 2025