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Financial Express Lucknow

Banking stocks drive markets

Nifty reclaims 25k mark after RBI's surprise move

1 min  |

June 07, 2025

Financial Express Lucknow

Swiss to share crypto assets info with India, 73 nations

SWITZERLAND ON FRIDAY proposed an automatic exchange of information on crypto assets with India and 73 other countries, a move likely to help track funds stashed by Indians abroad in virtual currencies.

1 min  |

June 07, 2025

Financial Express Lucknow

Akasa lines up 15 daily flights from Navi Mumbai airport

AKASAAIR and Adani Airport Holdings (AAHL) have signed an agreement to commence commercial flight operations from the upcoming Navi Mumbai International Airport (NMIA).

1 min  |

June 07, 2025

Financial Express Lucknow

India, US Focus on Tariffs, Supply Chains in Trade Talks

INDIA AND THE US are actively engaged in focused discussions to facilitate greater market access, reduce tariff and non-tariff barriers, and enhance supply chain resilience and integration, as they aim to achieve an expeditious conclusion of the initial tranche of the Bilateral Trade Agreement (BTA), a senior official said on Friday.

1 min  |

June 07, 2025

Financial Express Lucknow

Opening key rail bridge in Kashmir, PM targets Pak

ACCUSING PAKISTAN OF attacking \"insaaniyat and Kashmiriyat\" by targeting tourists in Pahalgam last month, Prime Minister Narendra Modi said Friday that the intention of the attack was \"to engineer communal clashes across the country and deprive people of Kashmir of their livelihood\".

1 min  |

June 07, 2025

Financial Express Lucknow

Goldman funds $600-mn equity for Coke unit sale

GOLDMAN SACHS ASSET Management has provided $600 million to partially fund the equity investment needed by Jubilant Bhartia Group for its purchase of a 40% stake in The Coca-Cola Co.'s bottling unit in India, according to people familiar with the matter.

1 min  |

June 07, 2025

Financial Express Lucknow

Our lofty equity valuations are pure Bollywood

EVEN TO SEASONED investment professionals, India's lofty equity valuations are a head-scratcher.

3 min  |

June 07, 2025

Financial Express Lucknow

We Can't Tell Banks to Provide Credit or Reduce Rates

RBI Governor Sanjay Malhotra and deputy governors spoke on a wide array of issues during the post-policy press conference.

2 min  |

June 07, 2025

Financial Express Lucknow

Tesla Shares Gain After $152 Billion Selloff

TESLA SHARES RECOUPED some losses triggered by a spat between CEO Elon Musk and US President Donald Trump, although a truce appeared uncertain on Friday as a White House official said the president was not keen on talking to his former ally.

1 min  |

June 07, 2025

Financial Express Lucknow

SBI MF, Goldman Sachs, others buy 1.8% in Bajaj Finserv for ₹5,506 crore

SBI Mutual Fund Morgan Stanley and Goldman Sachs, among others, on Friday cumulatively bought a 1.8% stake in Bajaj Finserv for ₹5,506 crore from promoter entities.

1 min  |

June 07, 2025

Financial Express Lucknow

Crackdown soon on health insurers...

\"HOW CAN INSURANCE premiums increase be uniform for those who have fully claimed the insured amount and those who have not claimed or claimed just 10% of the premium?\" asked one of the sources.

1 min  |

June 07, 2025

Financial Express Lucknow

Amazon Business Added 70% Users From Small Cities In 2024

AS MANY AS 70% of the new customers on Amazon Business, the B2B marketplace arm of the company, were from tier-2 and smaller cities in 2024, signaling a rising growth of businesses in these cities, according to a senior executive.

1 min  |

June 07, 2025

Financial Express Lucknow

Delhi Airport to Cancel 114 Flights for 3 Months

About 114 daily flights to and from Delhi Airport will be cancelled between June 15 and September 15 this year, as one of its four runways undergoes an upgrade, Delhi International Airport (DIAL) CEO Videh Kumar Jaipuriar said on Friday.

1 min  |

June 07, 2025

Financial Express Lucknow

Is the Harrier EV the quickest Indian car?

0-100 KM/H TIME OF 6.3 SECONDS

1 min  |

June 07, 2025

Financial Express Lucknow

Over to corporate India

The Budget and the monetary policy have given growth a push; companies have to now step up to the plate

2 min  |

June 07, 2025

Financial Express Lucknow

ICAI to name auditors for co-operative banks soon

The Institute of Chartered Accountants of India (ICAI) is preparing to recommend a list of chartered accountant (CA) firms to the National Bank for Agriculture and Rural Development (Nabard) for appointment or reappointment as statutory auditors of state co-operative banks (StCBs) and central co-operative Banks (CCBs) for FY26.

1 min  |

June 07, 2025

Financial Express Lucknow

Bangladesh Polls by April Next Year

BANGLADESH'S INTERIM LEADER Muhammad Yunus on Friday said that the country will hold national elections in the first half of April 2026.

1 min  |

June 07, 2025

Financial Express Lucknow

Musk blinks first in Trump feud that cost him $34 billion

WHEN ELON MUSK and Donald Trump joined forces during the presidential campaign, there was always a question over how long their alliance would last and who would prevail if it didn't work out.

1 min  |

June 07, 2025

Financial Express Lucknow

Sales of homes, durables, auto likely to get a boost

The Reserve Bank of India's move to reduce repo rates by 50 basis points is expected to spur sales in rate-sensitive sectors such as residential properties, automobiles and consumer durables.

1 min  |

June 07, 2025

Financial Express Lucknow

Starlink gets satcom licence...

THESE INCLUDE ESTABLISHING three ground gateways and a local command-and-control centre, requirements necessary to ensure operational transparency and national security compliance.

1 min  |

June 07, 2025

Financial Express Lucknow

Big savings on home loans as EMIs to fall

On a ₹1.5 cr loan, you can save up to ₹55,524 a year

1 min  |

June 07, 2025

Financial Express Lucknow

CRR cut may aid margins of banks

THE DECISION BY the Monetary Policy Committee to cut the cash reserve ratio by 100 basis points to 3% is expected to improve bank margins, as it would give more bandwidth for banks to lend, experts said.

1 min  |

June 07, 2025

Financial Express Lucknow

FCI Avails Short-Term Loans of ₹19,190 Cr

A fifth of FY26 food subsidy released by Finmin

2 min  |

June 07, 2025

Financial Express Lucknow

SpaceX Risks Losing Govt Contracts

About $22 billion of SpaceX's government contracts are at risk, and multiple US space programs could face dramatic changes in the fallout from Elon Musk and President Donald Trump's explosive feud on Thursday.

1 min  |

June 07, 2025

Financial Express Lucknow

PNB Reduces Lending Rate in Line With RBI Policy

HOURS AFTER RBI's jumbo rate cut, state-owned Punjab National Bank (PNB) on Friday announced up to 50-basis-point reduction in its lending rate, a move which will help existing and new borrowers.

1 min  |

June 07, 2025

Financial Express Lucknow

Is the Mountain Due?

Zoji-la: The nearest pass from Srinagar at about 100 km, you can reach here all-year round in just about three hours, thanks to the all-weather Sonamarg tunnel.

1 min  |

June 07, 2025

Financial Express Lucknow

Be quick to lock into high-yield deposits

BANKS WILL START CUTTING RATES WITHIN DAYS

2 min  |

June 07, 2025

Financial Express Lucknow

Extreme poverty in India down to 5.3% in 2022-23

• Threshold hiked to $3/day, yet poverty incidence sees a sharp fall

2 min  |

June 07, 2025

Financial Express Lucknow

It is time to take a pause, probably

AFTER SURPRISING THE market with a 50-basis-point rate cut and a 100-bps reduction in the cash reserve ratio, the Monetary Policy Committee (MPC) bowled a googly by reverting to 'neutral' from the 'accommodative' stance.

3 min  |

June 07, 2025

Financial Express Lucknow

RBI Eases Qualifying Asset Criteria for MFIs to 60%

SADAF SAYEED, CEO, MUTHOOT MICROFINANCE This change gives MFI players room to diversify into products like micro LAPs & secured offerings like gold loans. It will help strengthen balance sheets

1 min  |

June 07, 2025