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Financial Express Lucknow

RBI Bulletin Blames High Gold Prices for Rising Core Inflation

Weather anomalies behind sharp volatility in vegetable prices

2 min  |

May 23, 2025

Financial Express Lucknow

InMobi's AI-curated shopping platform goes live globally

INMOBI SUBSIDIARY GLANCE, which provides lockscreen engagement and monetisation solutions, launched an AI-based commerce platform in 140 countries on Thursday to provide its users personalised shopping recommendations based on their preferences and occasions.

1 min  |

May 23, 2025

Financial Express Lucknow

ITC Q4 profit soars nearly fourfold on one-time gain

DIVERSIFIED CONGLOMERATE, ITC on Thursday reported a sharp surge in net profit for the January-March quarter, driven by a one-time exceptional gain linked to the demerger of its hotels business.

1 min  |

May 23, 2025

Financial Express Lucknow

Advance tipping: Ola, Rapido face CCPA probe

CONSUMER PROTECTION WATCHDOG CCPA is investigating ride-hailing platforms such as Ola Cabs and Rapido to ascertain if they are indulging in the unfair trade practice of \"advance tipping\".

1 min  |

May 23, 2025

Financial Express Lucknow

US fiscal woes rattle investors

GLOBAL WORRIES DAMPEN SPIRIT

2 min  |

May 23, 2025

Financial Express Lucknow

Exports of processed food products surge 15% in Apr

INDIA'S EXPORT OF agricultural and processed food products have commenced on a brisk note in the current fiscal with the shipments rising by over 15% on-year to $2.13 billion in April 2025.

1 min  |

May 23, 2025

Financial Express Lucknow

Will Indian yield fall below US one day? Uday Kotak wonders

UDAY KOTAK, FOUNDER and director of Kotak Mahindra Bank, on Thursday posed the question of whether India would one day see benchmark yields lower than those on US Treasuries.

1 min  |

May 23, 2025

Financial Express Lucknow

Hindujas may opt for equity infusion into IndusInd Bank

THIS COMES AFTER the bank reported its first loss in 19 years, posting a loss of ₹2,236 crore in Q4 FY25, setting aside ₹2,522 crore in contingency provisions to write off derivative trade losses, microfinance loan misreporting, and other discrepancies.

1 min  |

May 23, 2025

Financial Express Lucknow

Diamond Jewellery Demand to Double by 2030: De Beers

DIAMOND COMPANY DE Beers is expecting diamond jewellery consumption to double in India by 2030, its chief executive Al Cook has said.

1 min  |

May 23, 2025

Financial Express Lucknow

Britain migration halves in 2024 after visa rule changes

HISTORIC DROP Labour's efforts to \"smash the gangs\" are showing little effect

2 min  |

May 23, 2025

Financial Express Lucknow

Honda Aims to Ride Past Hero, to Invest ₹920 Cr in Capacity Expansion

AIMING FOR THE top spot in the domestic two-wheeler market, Honda Motorcycle & Scooter India (HMSI) will invest ₹920 crore to add a fourth production line at its Vithalapur plant in Gujarat, the company said on Thursday.

1 min  |

May 23, 2025

Financial Express Lucknow

In 2-3 years, India will be our third-largest market

TODAY THERE IS AN EXPERIENTIAL ECONOMY THAT'S AT PLAY WHERE PEOPLE ARE WILLING TO SPEND EXTRA FOR THAT UNIQUE EXPERIENCE

2 min  |

May 23, 2025

Financial Express Lucknow

Crypto crime is the future. Bank heists are history

WITH BITCOIN REACHING a new record, it shows more investors are getting swept up in the dream of \"being their own bank\" via tokens that can be transferred instantly and anonymously outside the traditional financial system.

2 min  |

May 23, 2025

Financial Express Lucknow

Bajaj plans ₹7,765-cr deal for KTM takeover

KTM AND ITS subsidiaries, KTM Components GmbH and KTM F&E GmbH, initiated a self-administrative restructuring process in November 2024, following escalating debt issues and operational challenges.

1 min  |

May 23, 2025

Financial Express Lucknow

Bajaj plans ₹7,765-cr deal for KTM takeover

KTM AND ITS subsidiaries, KTM Components GmbH and KTM F&E GmbH, initiated a self-administrative restructuring process in November 2024, following escalating debt issues and operational challenges.

1 min  |

May 23, 2025

Financial Express Lucknow

Naveen Tahilyani second Tata Digital CEO to step down

Joins Prudential as regional CEO

2 min  |

May 23, 2025

Financial Express Lucknow

'India essential for us...want to build a $50-bn company here'

Global technology investor Prosus, which has backed Indian startups such as Swiggy, PayU, Meesho, and Byju's, is doubling down on its commitment to the country even as other major global funds recalibrate their exposure.

3 min  |

May 23, 2025

Financial Express Lucknow

BYD Sells More EVs in Europe Than Tesla for First Time

CHINESE AUTOMAKER BYD sold more electric vehicles in Europe than Tesla for the first time, according to a report by JATO Dynamics, as an aging model lineup and CEO Elon Musk's politics hurt demand for the US EV maker's cars.

1 min  |

May 23, 2025

Financial Express Lucknow

Adani Ports to raise up to ₹6,000 crore

ADANI PORTS AND Special Economic Zone (APSEZ) on Thursday said its board has approved a proposal to raise up to ₹6,000 crore by issuing debentures on a private placement basis for capex and refinancing of existing debt.

1 min  |

May 23, 2025

Financial Express Lucknow

Method minus the noise

SINCE TAKING CHARGE OF MYNTRA IN 2022, CEO NANDITA SINHA HAS TURNED THE FIRM HEMORRHAGING HUGE LOSSES INTO A PROFIT-MAKING PLATFORM

3 min  |

May 23, 2025

Financial Express Lucknow

Radisson Accelerates Growth With 5 New Hotels

RADISSON HOTEL GROUP on Thursday said it had opened five new hotels in the first half of 2025 in Jamshedpur, Bengaluru, Shimla, Hoshiarpur in Punjab, and Prayagraj in Uttar Pradesh.

1 min  |

May 23, 2025

Financial Express Lucknow

Trump Tax Bill Narrowly Passes House, Overcoming Infighting

President Donald Trump's signature tax bill narrowly passed the House on Thursday morning, advancing a sprawling multi-trillion dollar package that would avert a year-end tax increase at the expense of adding to the US debt burden.

2 min  |

May 23, 2025

Financial Express Lucknow

'Tech will conquer you if you don't'

WITH THE ADVERTISING industry, especially the creative function, facing its toughest threats from tech giants like Google and Meta as well as the looming challenge of AI, an issue of major concern on and off the Goafest stage was that the whole business of advertising might be teetering on the edge.

1 min  |

May 23, 2025

Financial Express Lucknow

Rupee dives 36 paise to close at 85.95

THE RUPEE DEPRECIATED 36 paise to close at 85.95 against the US dollar on Thursday because of demand for the greenback from importers and foreign banks as well as surge in crude oil prices.

1 min  |

May 23, 2025

Financial Express Lucknow

Covid concern

Rising cases in a few states shouldn't warrant concern but we should be prepared

2 min  |

May 23, 2025

Financial Express Lucknow

CBI Files Chargesheet Against J&K Ex-Governor Satyapal Malik

The CBI has filed a chargesheet against former Jammu and Kashmir governor Satyapal Malik and seven others in connection with alleged corruption in the award of ₹2,200-crore civil works for Kiru hydropower project, officials said on Thursday.

1 min  |

May 23, 2025

Financial Express Lucknow

Prioritise minerals as strategic shield

The capacity to domestically source and process key strategic minerals like aluminium will define pace & credibility of Aatmanirbhar Bharat vision in defence

3 min  |

May 23, 2025

Financial Express Lucknow

FCB India bags sole Grand Prix for 'Lucky Yatra' drive

THE SECOND DAY of the Abby Awards at Goafest saw some surprise wins for independent agencies across seven categories.

1 min  |

May 23, 2025

Financial Express Lucknow

UK FTA: Indian Firms to Face No Discrimination

THE UK, for the first time, has agreed to accord non-discriminatory treatment to Indian companies in its public procurement system under the free trade agreement (FTA) between the two countries, an official said.

1 min  |

May 23, 2025

Financial Express Lucknow

Grasim secures cheapest rupee bond deal in 5 yrs

GRASIM INDUSTRIES HAS secured its lowest-cost local-currency bond since June 2020, a sign that interest rate cuts and recent cash infusions by the Reserve Bank of India are benefitting companies.

1 min  |

May 23, 2025