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Financial Express Pune

Bank of America profit beats estimates

BANK OF AMERICA, beat estimates for Q2 profit on Wednesday, driven by tumultuous markets that helped its traders bring in more revenue, while its interest income also rose.

1 min  |

July 17, 2025

Financial Express Pune

Similar deal with India, says Trump...

Indonesian president Prabowo Subianto said on Wednesday, \"We've given our offer, we cannot give more.\"

2 min  |

July 17, 2025

Financial Express Pune

AI crash: AAIB report holds back key details, raises more questions

A PRELIMINARY INVESTIGATION report into an aircraft accident is generally just that: an initial status report that details the circumstances of the crash and presents bare facts known in the early stage of the probe.

2 min  |

July 17, 2025

Financial Express Pune

10 AMCs Line Up Long-Short Equity Funds

At least 10 Indian and foreign asset managers plan to launch higher-risk, long-short equity funds to wealthier investors after the regulator approved the strategy earlier this year, according to executives at these firms and public filings.

1 min  |

July 17, 2025

Financial Express Pune

India now fourth preferred market in Asia: BofA survey

THE INDIAN EQUITY market is now the fourth-most preferred market in Asia, with Taiwan and South Korea benefiting from the resurgent semiconductor cycle, BofA Securities' latest Asia Fund Manager Survey noted on country allocations.

1 min  |

July 17, 2025

Financial Express Pune

Anil Ambani Firms Clear ₹18K-Cr Fundraise

Reliance Infrastructure on Wednesday said its board has approved raising up to ₹9,000 crore via various financial instruments.

1 min  |

July 17, 2025

Financial Express Pune

FTA Discussions With Peru, Chile To Resume In August

INDIA WILL HOLD the next round of negotiations of Free Trade Agreements (FTAs) with Chile and Peru in August, an official said on Wednesday.

1 min  |

July 17, 2025

Financial Express Pune

Uber Taps China's Baidu for Robotaxis in Asia

UBER TECHNOLOGIES AND Baidu plan to launch robotaxis on the ride-sharing platform in several markets outside of the US and mainland China through a multiyear partnership.

1 min  |

July 16, 2025

Financial Express Pune

AWLAgri plans more acquisitions

AWLAGRI BUSINESS, formerly Adani Wilmar, is looking to beef up its presence in the southern and central markets of India via acquisition of food companies in condiments and kitchen essentials, MD & CEO Angshu Mallick said in an interaction with FE on Tuesday.

2 min  |

July 16, 2025

Financial Express Pune

Govt Can't Prepare for Contingency Till US Tariffs Are Known

The Government is in wait-and-watch mode on tariffs that the US might roll out from August 1.

1 min  |

July 16, 2025

Financial Express Pune

Sensex rises 317 points

THE EQUITY INDICES snapped the four-day falling streak on Tuesday with the benchmark Sensex rebounding by 317 points on buying in auto and pharma shares amid a decline in retail inflation to a more than six-year low, nearing the RBI's comfort zone.

1 min  |

July 16, 2025

Financial Express Pune

Trade deficit narrows to four-month low in June

GOODS EXPORTS REMAINED steady in June despite many headwinds caused by tariff wars and disruptions due to the escalation of war in West Asia, officials said.

2 min  |

July 16, 2025

Financial Express Pune

Campaign is a masterclass in emotional branding

Why the campaign rocks: ONE OF MY ALL-TIME favourite ad campaigns has to be 'It Has to Be Heinz'.

1 min  |

July 16, 2025

Financial Express Pune

Highway Construction Rises 9% in April-June

India constructed 2,108 km of highways in the first quarter of this financial year, which was 8.9% more than what was achieved during the same period of the last financial year when elections slowed activity, according to the government data.

1 min  |

July 16, 2025

Financial Express Pune

Nvidia CEO: AI chip sales in China is back

NVIDIA's CEO Jensen Huang says the technology giant has won approval from the Trump administration to sell its advanced H20 computer chips used to develop artificial intelligence to China.

1 min  |

July 16, 2025

Financial Express Pune

Sumitomo lines up $1.1 billion for 5% more in Yes Bank

SUMITOMO MITSUI FINANCIAL Group (SMFG) is considering making an additional $1.1 billion investment in Yes Bank, people familiar with the matter said, following a previous investment made by Japan's second-biggest bank two months ago.

1 min  |

July 16, 2025

Financial Express Pune

AI Partially Resumes International Flights

AIR INDIA SAID on Tuesday it would partially restore its international flight schedule that was scaled back following the crash involving its flight last month that killed 260 people.

1 min  |

July 16, 2025

Financial Express Pune

Joblessness steady in June, but fewer queries for jobs

Seasonal factors again weighed on India's labour market in June as the unemployment rate remained unchanged at 5.6%, although the Labour Force Participation Rate (LFPR) declined to 54.2% in June from 54.8% in May, suggesting fewer people looked for jobs last month.

2 min  |

July 16, 2025

Financial Express Pune

Delhi Leads in Student Affordability, Mumbai Climbs to 98 in QS List

DELHI HAS EMERGED as the world's most affordable city for students, earning a near-perfect score of 96.5 out of 100 in the latest QS Best Student Cities Rankings.

2 min  |

July 16, 2025

Financial Express Pune

INOXGFL charts ₹40K-cr growth path in green energy

Well-received by both institutional and retail shareholders. The leaner structure and stronger balance sheet are expected to attract increased investor interest.

2 min  |

July 16, 2025

Financial Express Pune

MTNL Defaults on Loan Payment of ₹8,585 Crore from 7 Public Banks

STATE-RUN TELECOM OPERATOR Mahanagar Telephone Nigam has formally disclosed defaults in principal and interest payments to seven public sector banks amounting to ₹8,584.93 crore.

1 min  |

July 16, 2025

Financial Express Pune

Conclusion of India-Asean deal review likely by Oct

DESPITE PATCHY PROGRESS, the review of the goods trade agreement between India and Asean is expected to reach some form of conclusion by October this year, a senior official said on Tuesday.

1 min  |

July 16, 2025

Financial Express Pune

Content for the fashion runway

INSIDE MYNTRA'S LATEST MOVE TO WOO CONSUMERS

3 min  |

July 16, 2025

Financial Express Pune

World trade up 5.3% in Jan-Mar, ahead of US tariffs: WTO

THE WORLD'S MERCHANDISE trade volumes rose 3.6% quarter-on-quarter and 5.3% year-on-year in January-March as imports surged in North America in anticipation of higher tariffs in the US, latest WTO data show.

1 min  |

July 16, 2025

Financial Express Pune

Tesla powers up luxury EV circuit with Mumbai entry

FOR YEARS, THE Tesla badge remained a distant icon for Indian car buyers—a symbol of what was possible, but not yet accessible. That changed on Tuesday, as the company entered the Indian market with the launch of the Model Y, instantly adding weight to a segment already jostling with established German names and fast-growing Chinese contenders.

1 min  |

July 16, 2025

Financial Express Pune

VinFast Opens Bookings for Its Two Electric SUVs

Vietnamese electric vehicle manufacturer VinFast on Tuesday initiated pre-bookings for its much-anticipated electric SUVs, the VF 6 and VF 7, in the Indian market.

1 min  |

July 16, 2025

Financial Express Pune

Govt Keeping Close Watch on Trade Diversion

TO MONITOR THE impact of trade diversion happening around the world after the US tariff action and the harmful impact it might have on the domestic sector, a mechanism has been set up in the ministry of commerce, a senior official said on Tuesday.

1 min  |

July 16, 2025

Financial Express Pune

Car sales dip for second consecutive month

WITH UNSOLD VEHICLE stock piling up at dealerships, passenger vehicle (PV) manufacturers scaled back fresh dispatches in June — marking the second straight month of decline after eight consecutive months of growth.

1 min  |

July 16, 2025

Financial Express Pune

Govt to Penalise Consultants Not Making Proper DPRs

UNION MINISTER NITIN Gadkari on Tuesday said the government will penalise those consultants who do not adhere to proper procedures in making detailed project reports (DPRs) for highways and tunnels.

1 min  |

July 16, 2025

Financial Express Pune

Wells Fargo surpasses Q2 estimates

WELLS FARGO BEAT second-quarter profit estimates on Tuesday but cut its 2025 guidance for net interest income, dropping shares of the lender 3% in trading before the bell.

1 min  |

July 16, 2025
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