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Financial Express Ahmedabad

PFC flags concerns over RBI’s NBFC draft norms

LENDER TARGETS 10% LOAN GROWTH FOR FY27

1 min  |

May 14, 2026

Financial Express Ahmedabad

Import duty on gold, silver hiked to 15%

Move aimed at easing pressure on current account

3 min  |

May 14, 2026

Financial Express Ahmedabad

Uber to set up first India data centre with Adani

GLOBAL RIDE-HAILING MAJOR UBER Technologies is set to establish its first data centre in India in partnership with Adani Group, marking a fresh step in the company’s effort to deepen its technology and engineering presence in one of its fastest-growing markets.

1 min  |

May 14, 2026

Financial Express Ahmedabad

Fuel prices will go up if oil stays high: RBI guv

THE GOVERNMENT MAY need to increase retail fuel prices if the conflict in West Asia drags on, Reserve Bank of India (RBI) Governor Sanjay Malhotra said.

1 min  |

May 14, 2026

Financial Express Ahmedabad

Cabinet clears modest 3% hike in paddy MSP

THE CABINET ON Wednesday approved a 0.4%-8% increase in the minimum support price (MSP) of 14 major kharif crops for the 2026-27 season (July-June), but raised the support price for paddy, the season's key crop, by only a modest 3%.

2 min  |

May 14, 2026

Financial Express Ahmedabad

Hormuz standoff drives oil higher as Iran-US ceasefire hopes fade

Brent crude prices climb to around $108 a barrel

1 min  |

May 13, 2026

Financial Express Ahmedabad

Tata Power beats estimate, net profit falls 4.5% in Q4

TATA POWER ON Tuesday posted a net profit, attributable to owners, of ₹996 crore during the March quarter, down 4.5% y-o-y, but beat analyst estimate of ₹825 crore.

1 min  |

May 13, 2026

Financial Express Ahmedabad

Trump to meet Xi tomorrow in high-stakes US-China summit

US PRESIDENT DONALD TRUMP and Chinese counterpart Xi Jinping will meet Thursday morning in Beijing, according to the White House, for a high-stakes summit that will be dominated by discussions on trade and the war in Iran.

1 min  |

May 13, 2026

Financial Express Ahmedabad

VARDE TOPS Q1 PVT CREDIT LENDING

INTERNATIONAL CREDIT FUND Varde Partners was the top private credit provider in the country during January-March, investing $340 million, amounting to 19.7% of the total, as per Octus Intelligence.

1 min  |

May 13, 2026

Financial Express Ahmedabad

Sebi mulls revising position limits on farm derivatives

THE SECURITIES AND Exchange Board of India (Sebi) on Tuesday proposed higher position limits (maximum number of contracts that can be held by a client) in agricultural commodity derivatives at 2% of the deliverable supply, up from 1%, a move aimed at improving liquidity, depth and price discovery in the commodities market.

1 min  |

May 13, 2026

Financial Express Ahmedabad

AI begins to tilt scale edge towards mid-tier IT firms

ARTIFICIAL INTELLIGENCE is beginning to weaken the traditional scale advantage enjoyed by the country’s largest information technology services firms, with mid-cap players gaining ground through faster execution, lower-cost delivery and quicker workforce retraining.

1 min  |

May 13, 2026

Financial Express Ahmedabad

‘Using in-house tech controls amid rising AI threats’

HDFC Bank is switching from reactive patching to ‘secure software manufacturing’, embedding AI-led controls into development and threat detection. Ramesh Lakshminarayanan, chief investment officer and group head - IT, tells Kshipra Petkar much of the software development has moved in-house to make it more secure. Excerpts:

2 min  |

May 13, 2026

Financial Express Ahmedabad

Govt weighing how long oil firms can continue to absorb cost impact: Puri

UNION PETROLEUM AND Natural Gas Minister Hardeep Singh Puri on Tuesday said fuel price revisions were “unrelated” to elections, but acknowledged that the government would eventually have to assess how long state-run oil companies can continue absorbing massive losses caused by elevated crude prices and stagnant retail fuel rates.

1 min  |

May 13, 2026

Financial Express Ahmedabad

Renewable energy deal value surges 5x to $2 bn

RENEWABLE ENERGY DEAL values in India increased more than five-fold to nearly $2 billion last year even as the country prepares for the next phase of its clean energy transition centred around battery storage, grid resilience and round-the-clock renewable power systems, Union Minister for New and Renewable Energy Pralhad Joshi said on Tuesday.

1 min  |

May 13, 2026

Financial Express Ahmedabad

More SIPs stopped than opened in March, April

THE NUMBER OF discontinued SIPs (systematic investment plans) continued to outnumber new SIP registrations for the second consecutive month in April, even as monthly SIP contributions crossed ₹30,000 crore in the last two months.

1 min  |

May 13, 2026

Financial Express Ahmedabad

Govt clears ₹503 cr for 4.8K EV chargers

THE CENTRE HAS approved proposals worth ₹503.86 crore for the installation of 4,874 EV chargers across multiple states and Central Public Sector Enterprises (CPSEs), Heavy Industries Minister HD Kumaraswamy said on Tuesday.

1 min  |

May 13, 2026

Financial Express Ahmedabad

Jewellers push recycling, exchange for gold sales

RETAILERS SAY RESTRICTING DEMAND NOT PRACTICAL

1 min  |

May 13, 2026

Financial Express Ahmedabad

Why $70 should be most worrying number for LNG

HERE'S SOME BACK-OF-THE-NAPKIN maths to show why LNG producers should be fearful for their future, even if the crisis in the Strait of Hormuz hadn’t just knocked a fifth of global supplies offline.

3 min  |

May 13, 2026

Financial Express Ahmedabad

Ambani’s cola war with rivals fuels fridge boom

THE MARKET SHARE war between Mukesh Ambani’s Campa Cola, Coca-Cola and PepsiCo is creating an unlikely winner in the world’s largest consumer market: refrigerators.

1 min  |

May 13, 2026

Financial Express Ahmedabad

India facing live BoP stress test: CEA

INDIA IS FACING a “live balance of payments stress test” due to the ongoing West Asia crisis, but the country’s macroeconomic fundamentals and reform momentum place it in a stronger position than many emerging economies to weather the turbulence, Chief Economic Advisor V Anantha Nageswaran said on Tuesday.

1 min  |

May 13, 2026

Financial Express Ahmedabad

Crisis widens India's brand divide

Iran war boosts the big boys, hurts smaller rivals

2 min  |

May 13, 2026

Financial Express Ahmedabad

PSBs post record ₹1.98 lakh-crore profit in FY26

PUBLIC SECTOR BANKS (PSBs) posted a record aggregate net profit of ₹1.98 lakh crore in 2025-26, aided by robust credit growth, improved asset quality and stronger operational efficiency, finance ministry said.

1 min  |

May 13, 2026

Financial Express Ahmedabad

Tourism can be India's green forex engine

India has not yet fully linked tourism strategy with broader economic and green diplomacy. This is a major policy gap

3 min  |

May 13, 2026

Financial Express Ahmedabad

NEET-UG cancelled, re-exam date in 7-10 days

THE NEET (UG) 2026 exam held on May 3 was cancelled on Tuesday amid allegations of paper leak with the CBI registering an FIR after the government asked it to carry out a comprehensive inquiry into the “irregularities”.

1 min  |

May 13, 2026

Financial Express Ahmedabad

Kotak's shock therapy: Less of Vishnu, more of Brahma & Mahesh

Veteran banker warns India must prepare for a major economic shock due to geopolitical tensions

2 min  |

May 13, 2026

Financial Express Ahmedabad

Moody's trims 2026 India growth forecast to 6%

MOODY'S RATINGS ON Tuesday downgraded its Gross Domestic Product (GDP) growth projection for India to 6% from a previous estimate of 6.8% for 2026, citing the economic fallout from the ongoing West Asia conflict.

1 min  |

May 13, 2026

Financial Express Ahmedabad

OpenAI gives EU access to its new cyber model

US ARTIFICIAL INTELLIGENCE giant OpenAI said it was granting access to its latest models including GPT-5.5-Cyber to Deutsche Telekom, BBVA and dozens more European companies to help bolster their resilience to vulnerabilities in their systems.

1 min  |

May 13, 2026

Financial Express Ahmedabad

Govt cuts oil & gas royalty; ONGC, OIL, Vedanta gain

MOVE TO PUSH DOMESTIC OUTPUT

1 min  |

May 13, 2026

Financial Express Ahmedabad

Swiggy sticks to margin play as Blinkit widens lead

ETERNAL-OWNED BLINKIT widened its lead over Swiggy Instamart during the January-March quarter across scale, profitability and network expansion, sharpening investor debate over whether Swiggy’s slower, margin-led approach risks ceding strategic ground in the fast-growing quick commerce market.

2 min  |

May 13, 2026

Financial Express Ahmedabad

CEPA with Oman may come into effect on June 1: Goyal

THE COMPREHENSIVE ECONOMIC Partnership Agreement (CEPA) between India and Oman is likely to come into effect from June 1 while the free trade agreement with Chile can be finalised if India can secure a good deal on critical minerals, Commerce and Industry Minister Piyush Goyal said on Tuesday.

1 min  |

May 13, 2026

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