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Financial Express Hyderabad

₹9,585-cr scheme to replace old trucks, buses in Delhi-NCR: Govt

THE UNION CABINET on Wednesday approved a two-year incentive scheme with an outlay of ₹9,585 crore aimed at replacing older, polluting trucks and buses in the Delhi-NCR area.

1 min  |

June 04, 2026

Financial Express Hyderabad

RBI DG: Banks must brace for unknown risks

THE RESILIENCE OF banks will shift from fixing known balance-sheet stress to managing complexity and uncertainty, Reserve Bank of India Deputy Governor Swaminathan J said while speaking at Columbia University on Monday.

1 min  |

June 04, 2026

Financial Express Hyderabad

Govt plans to buy drones worth ₹20,000 crore

INDIA IS LIKELY to order more than ₹20,000 crore worth of military drones from domestic firms this year in its biggest such purchase, an industry body working with the government told Reuters, as global and regional conflicts boost demand.

1 min  |

June 04, 2026

Financial Express Hyderabad

Enable oldest asset on a digital platform

INDIAN HOUSEHOLDS HOLD about 34,600 tonnes of gold worth $5 trillion, accounting for roughly 65% of non-property household wealth. India accounts for about 26% of global gold demand, second only to China, according to the World Gold Council.

4 min  |

June 04, 2026

Financial Express Hyderabad

Building a smarter bank

DIGITAL INNOVATION AND AI ARE DRIVING EFFICIENCY, ENGAGEMENT AND FUTURE GROWTH

2 min  |

June 04, 2026

Financial Express Hyderabad

Spelling Bee restored my faith in humanity

ONE OF THE surprise joys of parenthood has been watching my daughter learn to read — how she decodes a mishmash of letters, turning them into words and sentences and ideas. It’s unlocked a new world for her. For me, it’s a magic window into how her mind works and develops.

3 min  |

June 04, 2026

Financial Express Hyderabad

Infosys' Parekh tops tech CEO pay chart

INFOSYS CHIEF EXECUTIVE Officer Salil Parekh remained the highest-paid CEO among the country’s top information technology services companies in FY26, drawing total compensation of ₹82.6 crore.

1 min  |

June 04, 2026

Financial Express Hyderabad

Sebi issues warning to ICICI Pru AMC

ICICI PRUDENTIAL Asset Management Company (AMC) received the Indian markets regulator’s administrative warning letter on Tuesday against its alternative investment fund after a complaint from an investor.

1 min  |

June 04, 2026

Financial Express Hyderabad

Gulf tensions escalate as Iran hits Kuwait, US strikes near Hormuz

LATEST ATTACKS TEST A SHAKY CEASEFIRE, LIFT OIL PRICES UP BY MORE THAN 2%

1 min  |

June 04, 2026

Financial Express Hyderabad

Centre okays aviation relief with ₹10,000-cr ATF fund

THE UNION CABINET on Wednesday approved a ₹10,000-crore aviation turbine fuel (ATF) price stabilisation fund, expanding the Centre’s support package for the aviation sector.

2 min  |

June 04, 2026

Financial Express Hyderabad

Waiting for rain, bracing for pain

DRY RUN Monsoon 2026 is shaping up to be one of the weakest in over a decade. The first of a three-part series looks at what this means for consumer companies and the rural demand

2 min  |

June 04, 2026

Financial Express Hyderabad

India tightens checks on overseas flows

INDIA'S CENTRAL BANK and markets regulator have tightened checks on overseas investments by firms and family offices, issuing at least 10 queries in the past three weeks to determine any potential misuse of the investment route, three sources with direct knowledge of the matter said to Reuters.

2 min  |

June 04, 2026

Financial Express Hyderabad

Rewriting the playbook

HOW A SAVINGS ACCOUNT STRATEGY RESHAPED IDFC FIRST BANK

1 min  |

June 04, 2026

Financial Express Hyderabad

Hero launches flex-fuel bikes Splendor Plus and HF Deluxe

HERO MOTOCORP ON Wednesday launched flex-fuel versions of its bestselling Splendor+ and HF Deluxe motorcycles, signalling a broader push into ethanol-based mobility as it prepares to extend the technology across its entire product portfolio over the next one to two years.

1 min  |

June 04, 2026

Financial Express Hyderabad

Companies can pull out of voluntary liquidation: IBBI

TERMINATION GRANTED IF FIRM CAN PROVIDE RATIONALE

1 min  |

June 04, 2026

Financial Express Hyderabad

RBI dismisses gold sale rumours; reserves steady

DEBUNKING REPORTS OF gold sale, the Reserve Bank of India on Wednesday said there is no change in the physical stock of gold, which remains unchanged at 880.52 tonnes.

1 min  |

June 04, 2026

Financial Express Hyderabad

When cloud costs escalate

CLOUD WAS MEANT to make technology spending more flexible. Instead, for many organisations, it has become one of the fastest-growing and least predictable costs on the balance sheet.

2 min  |

June 04, 2026

Financial Express Hyderabad

Cabinet nod to road projects in four states

THE UNION CABINET on Wednesday approved the construction of a new coastal highway from Rameshwar to Paradeep in Odisha at a total project cost of ₹8,300.79 crore.

1 min  |

June 04, 2026

Financial Express Hyderabad

Rajesh Exports in ₹15 lakh-cr soup

Sebi has also barred CMD Rajesh Mehta from trading until further orders

2 min  |

June 04, 2026

Financial Express Hyderabad

DK Shivakumar takes oath as Karnataka CM

STATE CONGRESS PRESIDENT DK Shivakumar took oath as Karnataka Chief Minister on Wednesday and 13 other legislators, including senior leader G Parameshwara, were sworn in as ministers in his Cabinet.

1 min  |

June 04, 2026

Financial Express Hyderabad

The small keyboard with a big mission

WHAT STARTED AS a father’s attempt to help his son with Kannada homework has evolved into a privacy-first language tool that supports 21 Indian languages.

1 min  |

June 04, 2026

Financial Express Hyderabad

Ready for prime time

AU’S UNIVERSAL BANK TRANSITION SIGNALS THE ARRIVAL OF A NEW CHALLENGER

1 min  |

June 04, 2026

Financial Express Hyderabad

SpaceX seeks $135 a share for $75-billion IPO

IN A SURPRISE move ahead of its investor roadshow, Elon Musk’s SpaceX plans to fix its IPO price at $135 per share to raise a record-setting $75 billion, according to a source familiar with the matter.

1 min  |

June 04, 2026

Financial Express Hyderabad

IT rout rattles benchmark indices

Banking stocks help pare steep intraday losses

2 min  |

June 04, 2026

Financial Express Hyderabad

Microsoft launches AI executive assistant

MICROSOFT LAUNCHED NEW artificial intelligence software designed to function like an always-active executive assistant, the latest evolution of its workplace AI efforts.

1 min  |

June 04, 2026

Financial Express Hyderabad

Focus on E100 cost amid flex-fuel push

CENTRE LIKELY TO FIX ETHANOL FUEL RATES AT 15-20% DISCOUNT TO PETROL

2 min  |

June 04, 2026

Financial Express Hyderabad

DeepSeek nears sealing $7-bn AI funding deal

DEEPSEEK IS CLOSE to finalising a deal to raise about 50 billion yuan from investors including Tencent Holdings and its own founder in one of China’s largest startup financings, a milestone for a domestic AI industry seeking capital to take on marquee names like OpenAI.

1 min  |

June 04, 2026

Financial Express Hyderabad

Services PMI in May hits 6-month high

INDIA'S SERVICES SECTOR growth touched a six-month high of 59.8 in May, boosted by healthy demand conditions, new client wins, and ongoing improvements in new business intakes, a survey compiled by S&P Global said.

1 min  |

June 04, 2026

Financial Express Hyderabad

May LPG imports from US rise 73%

INDIA'S LIQUEFIED PETROLEUM gas (LPG) imports rose nearly 25% month-on-month in May, driven largely by a 73% increase in cargoes from the US. This comes as importers turned to alternative suppliers amid disruptions in traditional Gulf shipments following the West Asia conflict.

1 min  |

June 04, 2026

Financial Express Hyderabad

AI adoption expands as IT firms move beyond pilots

INDIA’S TOP IT services companies are rapidly scaling up artificial intelligence adoption, with Infosys, Tata Consultancy Services (TCS) and Wipro each deploying Microsoft 365 Copilot to over 100,000 employees, Microsoft said on Wednesday.

1 min  |

June 04, 2026

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