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Financial Express Bengaluru

Re rises most in 4 mths on RBI intervention

THE RESERVE BANK of India’s aggressive intervention led the rupee to rise on Wednesday, posting its biggest single-day gain since June 24. Rupee rose almost 1% during intra-day to touch the high of 87.99. It closed at 88.07, up 73 paise from the previous close.

1 min  |

October 16, 2025

Financial Express Bengaluru

Apple seeks change in tax law amid expansion push

APPLE IS LOBBYING the government to modify its income tax law to ensure the company is not taxed for ownership of high-end iPhone machinery it provides to its contract manufacturers, an issue seen as a hurdle to its future expansion, sources say.

1 min  |

October 16, 2025

Financial Express Bengaluru

Midwest IPO subscribed 1.84x on Day 1

THE INITIAL PUBLIC offering (IPO) of Midwest was fully subscribed within hours of bidding starting on Wednesday, attracting a total subscription of 1.84 times on the first day.

1 min  |

October 16, 2025

Financial Express Bengaluru

Exports up 6.7% despite US tariff shock

INDIA'S MERCHANDISE EXPORTS grew 6.74% on year to $36.38 billion in September despite a 50% extra tariff on its exports to the US coming into effect in late August.

1 min  |

October 16, 2025

Financial Express Bengaluru

Liberal election promises could jeopardise Bihar’s fiscal health,curb productive spend

SEASON OF FREEBIES

2 min  |

October 16, 2025

Financial Express Bengaluru

GST cuts, festive cheer drive Sept auto sales

PASSENGER VEHICLE DISPATCHES from manufacturers to dealerships rose 4.4% yearon-yearin September, signalling astrong start to the festive quarter forthe auto industry.According to data released by the Society of Indian Automobile Manufacturers (SIAM),a total of 372,458 passenger vehicles were dispatched last month, compared to 356,752 units in September last year.

1 min  |

October 16, 2025

Financial Express Bengaluru

Fossil Group eyes $400 mn IPO for Indian subsidiary

FOSSIL GROUP, THE US-based luxury watchmaker, is considering an initial public offering of its Indian arm, according to people familiar with the matter, as the South Asian market for new listings heats up.

1 min  |

October 16, 2025

Financial Express Bengaluru

The great debasement trade is mostly just hype

IT NOW HAS a formal name: \"The great debasement trade.\" It's a catchy term for all manner of investor hairpulling about runaway deficits and the dollar's threatened primacy-and an apparent flight for refuge that means shunning sovereign debt and related currencies, and snapping up precious metals, crypto coins, and other shiny stuff instead.

3 min  |

October 16, 2025

Financial Express Bengaluru

Waaree Renewable to foray into battery storage, data centres

WAAREE RENEWABLE TECHNOLOGIES (WRTL), the engineering, procurement,and construction (EPC) arm of the Waaree Group, plans to diversify its operations further into data centres and battery energy storage systemsasit looks toexpand its clean energy portfolio, the company’s Chief Financial Officer Manmohan Sharma told FE.

1 min  |

October 16, 2025

Financial Express Bengaluru

Centre plans meat export fund from October 29

THE GOVERNMENT HAS decided to set up a meat export development fund in collaboration with industry under the commerce ministry's agricultural and processed food products Export development authority (APEDA).

1 min  |

October 16, 2025

Financial Express Bengaluru

$15-bn AI jackpot for Andhra

“THIS IS THE largest AI hub that we are going to be investing in anywhere in the world outside of the US,” Thomas Kurian, CEO of Google Cloud, said.“Working with Adani and Airtel, we will deliver next-generation AI services and create the essential digital backbone required to power inclusive growth across India,” he added.

1 min  |

October 15, 2025

Financial Express Bengaluru

Brookfield, Blackstone in race to acquire ESR-Allianz assets

Deal value pegged at around %4,000 cr

1 min  |

October 15, 2025

Financial Express Bengaluru

IMF raises India’s FY26 growth forecast to 6.6 %

THE INTERNATIONAL MONETARY Fund (IMF) has raised India’s growth forecast by 0.2 percentage points to 6.6% for the FY26 as the country’s strong growth momentum is seen offsetting the impact of high US tariffs on Indian goods.

1 min  |

October 15, 2025

Financial Express Bengaluru

Wholesale inflation eases further to 0.13% in Sept

FOOD PRICE FALL CONTINUES

1 min  |

October 15, 2025

Financial Express Bengaluru

BMW expects EV sales to rev up

LUXURY CARMAKER BMW expects its electric vehicle sales to surge over the next few years, accounting for around 30% of the overall sales before 2030, driven by new products and enhanced adoption of green vehicles in the country, according to the company’s President and CEO Hardeep Singh Brar.

1 min  |

October 15, 2025

Financial Express Bengaluru

Powell: Fed may stop shrinking balance sheet

FEDERAL RESERVE CHAIR Jerome Powell signalled the central bank may stop shrinking its balance sheet in the coming months. The Fed chair also indicated labour-market prospects continue to worsen, a message that supports investors’ expectations for another interest rate cut this month.

1 min  |

October 15, 2025

Financial Express Bengaluru

India reliable partner in Mongolia’s progress: PM

INDIA HAS BEEN a \"reliable partner\" in Mongolia's development and both the nations support a free, open and rules-based Indo-Pacific, Prime Minister Narendra Modi said on Tuesday after holding wide-ranging talks with Mongolian President Khurelsukh Ukhnaa.

1 min  |

October 15, 2025

Financial Express Bengaluru

Hindutva and development

IN ITS CENTENARY YEAR, THE RSS HAS SET AN AGENDA FOR A PROSPEROUS, EQUAL INDIA

4 min  |

October 15, 2025

Financial Express Bengaluru

No place safe for terrorists now: Shah

OPERATION SINDOOR ENSURED the devastation of headquarters, training centres and launchpads of terrorist groups in Pakistan, Union Home Minister Amit Shah said on Tuesday, asserting that no place is safe for terrorists anymore.

1 min  |

October 15, 2025

Financial Express Bengaluru

Amid speculations of rift with BJP, Nitish gives away JD(U) tickets

AMID INTENSE SPECULATIONS that the NDA seat-sharing deal has left him infuriated, Bihar Chief Minister Nitish Kumar on Tuesday gave away JD(U) tickets, bypassing the party’s earlier practice of announcing the names of candidates at a press conference.

2 min  |

October 15, 2025

Financial Express Bengaluru

Major setback to Maoists as ideological head surrenders

SIXTY OTHER CADRES ALSO LAY DOWN ARMS

1 min  |

October 15, 2025

Financial Express Bengaluru

Avoid lump-sum buy in silver ETFs, say experts

WITHTHE PREMIUM on silver exchange traded funds (ETFs) via the fund of funds (FoF) route having shot up to as muchas 12% over spot prices, fund managers are pulling the plug on these investments.

2 min  |

October 15, 2025

Financial Express Bengaluru

India 6th globally in branded housing

INDIA RANKS 6TH in the world in branded residence projects, according to Knight Frank.

1 min  |

October 15, 2025

Financial Express Bengaluru

Biocon chief flags Bengaluru infra woes; Shivakumar urges collective effort

BIOCON CHIEF Kiran Mazumdar-Shaw has reignited the debate over Bengaluru's infrastructure by sharing a visiting overseas executive's critical comments on the city's roads and garbage, prompting Deputy Chief Minister DK Shivakumar to say the city deserves collective effort, not constant criticism.

1 min  |

October 15, 2025

Financial Express Bengaluru

Mobile phone exports surge 95% to $1.8 bn in Sept: ICEA

INDIA'S MOBILE PHONE exports jumped 95% year-on-year to over $1.8 billion in September this year, according to estimates by India Cellular and Electronics Association (ICEA).

1 min  |

October 15, 2025

Financial Express Bengaluru

ECL may raise provisions, but banks seen resilient

LENDERS WITH HIGH exposure to the MSME or the unsecured segment are likely to face near-term pressure in terms of provisioning and CET-1 ratios due to the draft expected credit loss (ECL) framework, analysts said.

3 min  |

October 15, 2025

Financial Express Bengaluru

India & Saudi Arabia explore investments in textile sector

INDIA AND SAUDI Arabia on Tuesday discussed opportunities for investments in India’s apparel and textiles sector in line with the different schemes and initiatives of the government.

1 min  |

October 15, 2025

Financial Express Bengaluru

Avoid frequent tinkering with edible oil import duties: Report

POLICY CONSISTENCY SOUGHT

1 min  |

October 15, 2025

Financial Express Bengaluru

China making exports of rare earth magnets 'very difficult'

CHINESE RARE EARTH magnet companies have been facing tighter scrutiny on export license applications since September, sources say, even before Beijing's move last week to expand controls overthe critical minerals used in magnets.

1 min  |

October 15, 2025

Financial Express Bengaluru

India’s Russian crude imports in Apr-Sept decline 8.4% y-o-y

SHIFTING MARKETS

1 min  |

October 15, 2025
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