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Putin meets Modi; ties set for upgrade

December 05, 2025

Financial Express Bengaluru

ON THURSDAY, RUSSIA'S largest bank Sberbank and JSC First Asset Management launched anew mutual fund — First-India — offering investments linked to the performance of the Nifty50 index, in what could give Russian retail investors direct exposure to India's buoyant stock market.

The bank, which has just two branches in India at present, is also gearing up to expand its presence in India by opening eight more branches soon, and establish a wholly owned subsidiary (WOS) in two to three years.

Putin's India visit, the first since the war began in Ukraine, will also see a pledge by Russia to increase harmonisation of standards and reduction of regulatory barriers to enable higher India exports.

The two countries are eyeing bilateral trade worth $100 billion by 2030, up from about $69 billion in 2024-25.

“Tt (bilateral trade) is very skewed and needs to be more balanced. We need to bring more diversity in our trade bas-

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Seeds of change

WHILE INDIA IS STILL DEBATING THE SCOPE OF GM CROP CULTIVATION, IT CAN'T IGNORE THE GLOBAL MOMENTUM

4 mins

December 05, 2025

Financial Express Bengaluru

Film, ad industries to get deepfake label rules relief

FINAL GUIDELINES TO BE NOTIFIED SHORTLY

2 mins

December 05, 2025

Financial Express Bengaluru

States to get share of health cess via schemes, says FM

FINANCE MINISTER NIRMALA Sitharaman on Thursday said the proposed Health and National Security Cess will apply exclusively to demerit goods such as pan masala, creating a “dedicated and predictable resource stream” for health and national security initiatives.

1 min

December 05, 2025

Financial Express Bengaluru

Tax evasion by some hurts copper firms

A SECTION OF recyclers and primary copper producers, contributing around 75% ofthe 1.6 million tonne (MT) domestic production last fiscal, is bearing the brunt of “price distortion” caused by another section.

2 mins

December 05, 2025

Financial Express Bengaluru

Pilot bodies flag gaps in airline’s planning

Pilot groups have alleged that IndiGo’s failure to adequately prepare for the roll out of new flight duty and rest norms for cockpit crew

1 min

December 05, 2025

Financial Express Bengaluru

India seeks trade parity with Russia

NEED TO BRING MORE DIVERSITY IN TRADE BASKET, REDUCE BARRIERS: GOYAL

2 mins

December 05, 2025

Financial Express Bengaluru

The new ad world order

WITH THE OMNICOM-IPG DEAL MARKING AN END TO MARQUEE CREATIVE BRANDS, INDIA'S ADVERTISING INDUSTRY IS GRAPPLING WITH NEW UNCERTAINTIES

3 mins

December 05, 2025

Financial Express Bengaluru

H-1B visa row: US admin orders enhanced vetting for applicants

THE TRUMP ADMINISTRATION on Thursday announced increased vetting of applicants for H-1B visas for highly skilled workers, with an internal State Department memo saying that anyone involved in “censorship” of free speech be considered for rejection.

1 mins

December 05, 2025

Financial Express Bengaluru

Can quality of life be a superpower? Ask Finland

THE EUROPEAN UNION doesn’t have much to brag about these days. Its own officials admit its penchant for red tape looks more like a burden than a benefit. Yet if the old label of “regulatory superpower” is out, the moniker of “lifestyle superpower” is definitely in.“Europe has created a lifestyle...It’s a superpower with the highest living and social standards in the world,’ EU Commissioner for International Partnerships Jozef Sikela said in July.

2 mins

December 05, 2025

Financial Express Bengaluru