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Financial Express Lucknow

Govt unveils more safeguards for investors in oil & gas sector

THE MINISTRY OF petroleum and natural gas has introduced an investor-friendly stabilisation clause in its draft Petroleum and Natural Gas Rules, 2025, under which holders of exploration and production rights will be protected from adverse impacts of future legal or fiscal changes such as increase in taxes, royalties or other levies, via compensation or deductions.

1 min  |

July 10, 2025

Financial Express Lucknow

M&A, PE deal value falls 48% in June qtr: GTBharat

MERGER & ACQUISITION and private equity deals declined sharply by 48% in value terms to $17 billion in April-June compared to the previous quarter due to mounting global uncertainties and a cautious investment climate, according to consultancy firm Grant Thornton Bharat.

1 min  |

July 10, 2025

Financial Express Lucknow

ICICI Pru AMC files IPO papers, looks to raise up to ₹10,000 cr

ICICI PRUDENTIAL ASSET Management Company (AMC), a subsidiary of ICICI Bank, on Wednesday filed draft IPO papers with Sebi.

1 min  |

July 10, 2025

Financial Express Lucknow

FM: NBFCs Should Double Loan Book

NON-BANKING FINANCIAL COMPANIES (NBFCs) should aim to more than double their loan portfolio to reach at least 50% of the credit disbursed by scheduled commercial banks, finance minister Nirmala Sitharaman said on Wednesday.

1 min  |

July 10, 2025

Financial Express Lucknow

The missing middle in India's net-zero ambition

PEOPLE WITH SKILLS IN BOTH AI & SUSTAINABILITY

2 min  |

July 10, 2025

Financial Express Lucknow

Byju Raveendran held in contempt by US court

A US Bankruptcy court has issued an order holding Byju's founder Byju Raveendran in civil contempt for failing to comply with earlier court orders related to limited expedited discovery.

1 min  |

July 10, 2025

Financial Express Lucknow

Bihar Becomes West Bengal in NITI Aayog Map; Mamata Wants Apology

WEST BENGAL CHIEF minister Mamata Banerjee on Wednesday wrote to the vice chairperson of the NITI Aayog expressing her strong disapproval over the state being shown as Bihar in an official report.

1 min  |

July 10, 2025

Financial Express Lucknow

Trump Turns Up the Heat on Copper

US prez plans 50% tariff on imported copper

1 min  |

July 10, 2025

Financial Express Lucknow

Trump Family Crypto Venture Preps Vote With Billions at Stake

A CRYPTO TOKEN backed by the Trump family is moving closer to trading openly on exchanges, potentially unlocking substantial gains for early insiders, while raising fresh questions about governance and investor protection in the booming digital-asset market.

2 min  |

July 10, 2025

Financial Express Lucknow

X CEO Linda Yaccarino Resigns After 2 Years

LINDA YACCARINO, who was hired two years ago by Elon Musk as chief executive officer of X, is stepping down less than three months after the social-media platform was absorbed by Musk's artificial intelligence startup.

2 min  |

July 10, 2025

Financial Express Lucknow

Viceroy Research: No stranger to controversy

Research firm has been both lionised and vilified for its reports

2 min  |

July 10, 2025

Financial Express Lucknow

Bank loan to MSMEs grows 4%, corporate book shrinks

A Tangible Shift in Focus

1 min  |

July 10, 2025

Financial Express Lucknow

BRICS Can't Set Off New World Order

What brought together Brazil, Russia, India, China, and South Africa (BRICS), along with six new members—Egypt, Ethiopia, Iran, Saudi Arabia, the United Arab Emirates, and Indonesia—at the latest BRICS+ summit in Rio de Janeiro was their common desire to explore new ways of dealing with their development problems.

4 min  |

July 10, 2025

Financial Express Lucknow

US Slaps 30% Tariffs...

The Census Bureau reported that last year US ran a trade imbalance on goods of $1.4 billion with Algeria, $5.9 billion with Iraq, $900 million with Libya, $4.9 billion with the Philippines, $111 million with Brunei and $85 million with Moldova.

1 min  |

July 10, 2025

Financial Express Lucknow

PSBs to raise ₹45,000 cr via QIPs in FY26

PUBLIC SECTOR BANKS (PSBs), including State Bank of India, will raise around ₹45,000 crore through qualified institutional placements (QIPs) in the current financial year to expand their businesses, a senior official said on Wednesday.

1 min  |

July 10, 2025

Financial Express Lucknow

Dubai's Emirates signs deal to add crypto payments

DUBAI BASED AIRLINE Emirates has entered into a preliminary agreement with Singapore-based crypto firm Crypto.com, paving the way for customers to make payments through the platform's crypto payment service.

1 min  |

July 10, 2025

Financial Express Lucknow

Game of glorious uncertainties, Chapter III

From Leeds to Birmingham, momentum may turn again at Lord's

2 min  |

July 10, 2025

Financial Express Lucknow

12.5 GW battery storage units in tendering stage: CEA chief

AS MUCH AS 12.5 gigawatt (GW) of battery energy storage system projects are under the tendering process and another 3.3 GW is in the pipeline, Central Electricity Authority chairperson Ghanshyam Prasad said on Wednesday.

1 min  |

July 10, 2025

Financial Express Lucknow

US short-seller shock...

THE SHARE PRICE of Vedanta dipped 3.38% on Wednesday and that of Hindustan Zinc fell 2.56% to finish the day's trading at ₹440.8 and ₹425.05 respectively.

1 min  |

July 10, 2025

Financial Express Lucknow

UAE's Golden Visa Scheme Glitters With Promise for Indians

IN LINE WITH its vision to become an engine of growth and diverting from an oil-based economy, the United Arab Emirates (UAE) has restructured its visa programme to offer renewable residency of up to 10 years for investors, entrepreneurs, scientists, doctors, athletes and students.

2 min  |

July 10, 2025

Financial Express Lucknow

Jio BlackRock Plans Big Shake-Up With Low-Cost Strategy

JIO BLACKROCK ASSET Management plans to introduce nearly a dozen equity and debt funds by the year-end, focusing on small-ticket investments and bypassing distributors to reduce costs, sources familiar with the firm's strategy said.

2 min  |

July 09, 2025

Financial Express Lucknow

Auto parts' body seeks govt policy on critical minerals

Amid growing shortage of rare earth magnets, which are essential for electric vehicle (EV) manufacturing, the auto components industry on Tuesday urged the government to frame a national strategy on critical materials.

2 min  |

July 09, 2025

Financial Express Lucknow

Demand for hydrogen to increase at 3% CAGR till 2032: Report

INDIA'S HYDROGEN DEMAND is expected to rise at a compound annual growth rate (CAGR) of 3% to 8.8 million tonne per annum (MTPA) by 2032, according to a report released by India Energy Storage Alliance (IESA) on Tuesday.

1 min  |

July 09, 2025

Financial Express Lucknow

Getting governance code right

Clear Oversight Regulators Need To Temper Expectations From Exalted Models Of Corporate Governance

4 min  |

July 09, 2025

Financial Express Lucknow

Govt Wants Edible Oil Units to Declare Stock

TO ENSURE REAL-TIME assessment of availability, production and imports of edible oils, the food ministry is planning to amend the relevant order issued in 2011.

1 min  |

July 09, 2025

Financial Express Lucknow

Jane Street to contest ban

BATTLE-READY

2 min  |

July 09, 2025

Financial Express Lucknow

PM SVANidhi Scheme 2.0 for street vendors soon

THE CENTRE WILL launch the PM SVANidhi Scheme 2.0 soon, to provide working capital loans of up to ₹50,000 with an interest subsidy of 7% per annum and UPI-linked credit cards with a limit of ₹30,000 to street vendors, official sources told FE.

2 min  |

July 09, 2025

Financial Express Lucknow

Rishi Sunak Rejoins Goldman Sachs in Top Advisory Role

FORMER BRITISH PRIME minister Rishi Sunak will return to Goldman Sachs in an advisory role, the Wall Street bank said on Tuesday, taking a new post a year after he led the Conservatives to a crushing electoral defeat.

1 min  |

July 09, 2025

Financial Express Lucknow

A push towards edible oil security

The National Mission on Edible Oils — Oil Palm has all the ingredients of a farmer-centric policy, tailored to the unique challenges of oil palm cultivation

3 min  |

July 09, 2025

Financial Express Lucknow

Trump Deserves Nobel Peace Prize, Says Netanyahu

Israeli Prime Minister Benjamin Netanyahu told President Donald Trump he nominated him for the Nobel Peace Prize, using a visit to the White House to further cement the pair's relationship as the US presses for a ceasefire in Gaza.

1 min  |

July 09, 2025