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Financial Express Lucknow

Wall Street Indices Hit Record Highs on AI Bets

The S&P 500 and Nasdaq Composite hit all-time highs on Friday as megacap stocks surged on renewed AI enthusiasm and the prospect of a looser monetary policy, powering a recovery in US stocks from months-long rout.

1 min  |

June 28, 2025

Financial Express Lucknow

US-China Trade Deal Signed

The US and China finalized a trade understanding reached last month in Geneva.

2 min  |

June 28, 2025

Financial Express Lucknow

Q4 Current Account Surplus at 1.3% on Strong Services

Net FDI inflows just $1 billion in FY25 vs $10 billion in FY24

2 min  |

June 28, 2025

Financial Express Lucknow

RBI Tightens Due Diligence for Aadhaar Payment Operators

The Reserve Bank of India (RBI) on Friday issued guidelines to streamline the onboarding process for Aadhaar Enabled Payment Systems (AePS) touch-point operators and strengthen the fraud risk management.

1 min  |

June 28, 2025

Financial Express Lucknow

Nvidia Breakout Puts $4-trn Market Value Within Reach

TWO YEARS AFTER Nvidia Corporation made history by becoming the first chipmaker to achieve a $1 trillion market capitalization, an even more remarkable milestone is within its grasp: becoming the first company to reach $4 trillion.

2 min  |

June 28, 2025

Financial Express Lucknow

JSW Plans ₹4,000-Cr Debt for the Deal

THE JSW GROUP is in talks with global lenders to raise about ₹4,000 crore ($468 million) to partly fund its purchase of Akzo Nobel's local business, according to people familiar with the matter.

1 min  |

June 28, 2025

Financial Express Lucknow

Post Offices to Accept Digital Payments from Aug

POST OFFICES ACROSS India will start accepting digital payments at counters from August after completing the rollout of a new application in their IT system, official sources said.

1 min  |

June 28, 2025

Financial Express Lucknow

June Credit Growth Picks Up After Slumping to 3-Year Low

THE CREDIT GROWTH of the banking sector picked up and stood at 9.62% on year at ₹183.14 lakh crore as on June 13, according to the fortnightly data released by the Reserve Bank of India on Friday.

1 min  |

June 28, 2025

Financial Express Lucknow

PVR Inox Rides High on Re-Releases

As Rekha's unforgettable 1981 classic, Umrao Jaan, lit up the big screen again on Thursday, PVR Inox seems to have perfected its strategy of banking on the magic of nostalgia.

1 min  |

June 28, 2025

Financial Express Lucknow

Upswing in markets, realty aiding buyer sentiment

Mercedes-Benz India introduced two new sports cars — AMG GT 63 and GT63 PRO — priced at ₹3 crore & ₹3.65 crore respectively on Friday as its MD & CEO Santosh Iyer tells Swaraj Baggonkar that there is no let-up in demand for the high-end segment despite the uncertainty around. Excerpts:

2 min  |

June 28, 2025

Financial Express Lucknow

Jio adds 2.7 million new subscribers in May: Trai

RELIANCE JIO ADDED 2.7 million new users in the month of May, according to telecom subscriber data released by the Telecom Regulatory Authority of India (Trai).

1 min  |

June 28, 2025

Financial Express Lucknow

A Giant Leap

Axiom-4 more than just sending a human to space; it's about building a foundation for the future of humanity

2 min  |

June 28, 2025

Financial Express Lucknow

Centricity targets ₹20,000-crore distribution volume by fiscal end

CENTRICITY, A WEALTH-TECH firm with presence in 21 cities, has onboarded over 10,000 financial products distributors with volumes of ₹8,000 crore in its two years of existence, said co-founder Aditya Shankar.

1 min  |

June 28, 2025

Financial Express Lucknow

Step Up Lending, FM Exhorts PSBs

The FM also nudged them to strengthen the implementation of the new credit assessment model for micro, small, and medium enterprises (MSMEs) to broaden their access to capital and expedite credit flow to them.

1 min  |

June 28, 2025

Financial Express Lucknow

MFI stress erases life cover for 50 mn

Cascading Effect

2 min  |

June 28, 2025

Financial Express Lucknow

Groww tops 100 mn app downloads

STOCK BROKING FIRM

1 min  |

June 28, 2025

Financial Express Lucknow

SoftBank Chief Hints at Succession Plans

MASAYOSHI SON ACKNOWLEDGED the outlines of a succession plan at SoftBank Group Corp, addressing what may be investors' single biggest concern regarding the long-term future of the Japanese company.

1 min  |

June 28, 2025

Financial Express Lucknow

Rising competition reason behind Akzo Nobel sell call

Rivals such as Birla Opus have disrupted market

2 min  |

June 28, 2025

Financial Express Lucknow

Tie-up Key for Swasth Bharat

S INDIA CHARTS its course to become a developed nation, healthcare will have to emerge as a fundamental cornerstone of progress.

4 min  |

June 28, 2025

Financial Express Lucknow

Rupee reports best week in 2.5 years as $ struggles

A weaker dollar, portfolio inflows should provide near-term support

1 min  |

June 28, 2025

Financial Express Lucknow

ONGC Caps Assam Gas Well Blowout

ONGC on Friday successfully capped the blowout of its crude oil well in Assam's Sivasagar district after 16 days of gas leakage from there, Union minister Hardeep Singh Puri said.

1 min  |

June 28, 2025

Financial Express Lucknow

Shares of transport and healthcare spends rise; food cedes ground

SPENDING ON TRANSPORT, education and healthcare by Indian households has risen at a faster rate over the last decade and more, compared with food, clothing and housing, reports Saikat Neogi.

1 min  |

June 28, 2025

Financial Express Lucknow

Rent-freeze plan sparks slide in NYC-linked REITs

Shares of companies linked to New York City real estate fell on Wednesday as Zohran Mamdani, a state Assembly member who has vowed to freeze rents, looks all but certain to become the Democratic nominee for mayor.

1 min  |

June 27, 2025

Financial Express Lucknow

Nvidia Stocks Hit New Highs

NVIDIA CORP. SHARES rose to an all-time high on Wednesday, with the leader in artificial intelligence chips extending an advance that has cemented its position as one of the most valuable companies in the world.

1 min  |

June 27, 2025

Financial Express Lucknow

India-US Trade Deal Talks...

The US team visit followed from the productive discussions held in May when Commerce and Industry Minister Piyush Goyal led a delegation to the US from May 17-22 and held meetings with his counterparts—Secretary of Commerce Howard Lutnick and USTR Jamieson Greer.

1 min  |

June 27, 2025

Financial Express Lucknow

Credit card industry could see turnaround: HSBC

New Issuances Propel Growth

2 min  |

June 27, 2025

Financial Express Lucknow

L&T bets big on solar power, battery play

ENGINEERING AND CONSTRUCTION major L&T is seeing significant opportunities in solar power projects and battery storage both in India and abroad, particularly in Central Asia.

1 min  |

June 27, 2025

Financial Express Lucknow

With monetisation on agenda, NHAI looking for consultants

TO SUPPORT ITS asset monetisation cell, the National Highways Authority of India (NHAI) has started looking for outside consultants for a three-year period and has invited bids to shortlist them.

1 min  |

June 27, 2025

Financial Express Lucknow

Engineering exports to US up 10.4% to $3.4 bn in April-May

Despite high additional tariffs on major components of the engineering sector, exports of these items to the US remained in the positive zone in May, growing at 4.6% on year to $1.75 billion, according to an analysis.

1 min  |

June 27, 2025

Financial Express Lucknow

Platinum Jumps to Its Highest Since 2014

PLATINUM CLIMBED TO the highest level since 2014 as supply concerns and a wave of speculative buying led by the US and China jolted the market.

1 min  |

June 27, 2025