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Financial Express Lucknow

Washington and Moscow trade blows over Ukraine war

THE UNITED STATES and Russia quarrelled in public on Wednesday over the intensifying Ukraine war after US President Donald Trump warned that President Vladimir Putin was \"playing with fire\" and Moscow massed 50,000 troops near a Ukrainian region.

1 min  |

May 29, 2025

Financial Express Lucknow

Not going anywhere: Nissan India MD junks exit rumours

NISSAN MOTOR INDIA has dismissed speculation about its exit from the country, reaffirming its long-term commitment to the domestic market with plans to launch three new products starting early 2026.

1 min  |

May 29, 2025

Financial Express Lucknow

BAT Offloads 2.5% ITC Stake via ₹12,927-Crore Block Deal

BRITISH AMERICAN TOBACCO on Wednesday offloaded a 2.5% stake in ITC for ₹12,927 crore ($1.5 billion), according to a revised term sheet.

1 min  |

May 29, 2025

Financial Express Lucknow

Govt nod to ₹15.6K cr for farm loan interest subsidy

THE UNION CABINET on Wednesday approved ₹15,642 crore for providing interest subsidy to farmers on working capital loans for the current fiscal.

1 min  |

May 29, 2025

Financial Express Lucknow

Firms rush to sell short-term debt

INDIAN FIRMS HAVE stepped up short-term bond sales with issues worth around ₹27,000 crore lined up through Thursday as the Reserve Bank of India's rate cuts and hefty liquidity injections have made these borrowings cheaper.

1 min  |

May 29, 2025

Financial Express Lucknow

IndusLaw, CMS Tie Up as India Allows Entry of Foreign Firms

Global Collaboration

2 min  |

May 29, 2025

Financial Express Lucknow

Not going anywhere: Nissan India MD junks exit rumours

NISSAN MOTOR INDIA has dismissed speculation about its exit from the country, reaffirming its long-term commitment to the domestic market with plans to launch three new products starting early 2026.

1 min  |

May 29, 2025

Financial Express Lucknow

'Big or beautiful, but not both': Musk mocks tax bill

The Great Bill?

1 min  |

May 29, 2025

Financial Express Lucknow

IndusLaw, CMS Tie Up as India Allows Entry of Foreign Firms

Global Collaboration

2 min  |

May 29, 2025

Financial Express Lucknow

Healthtech firm Practo posts first full-year profit in FY25

HEALTHTECH STARTUP PRACTO posted profit in all four quarters of a financial year for the first time in FY25, after narrowing its operating losses over the previous two years.

1 min  |

May 29, 2025

Financial Express Lucknow

Netanyahu: Hamas Gaza chief Sinwar eliminated

ISRAELI PRIME MINISTER Benjamin Netanyahu said on Wednesday that Israel had eliminated Hamas Gaza chief Mohammad Sinwar, one of its most wanted targets and the younger brother of the deceased group's leader, Yahya Sinwar.

1 min  |

May 29, 2025

Financial Express Lucknow

Lagarde Discussed Leaving ECB Early

EUROPEAN CENTRAL BANK President Christine Lagarde has discussed cutting short her term to chair the World Economic Forum, the organisation's departed founder Klaus Schwab told the Financial Times in an interview.

1 min  |

May 29, 2025

Financial Express Lucknow

PepsiCo India logs ₹883-crore profit in 2024 after fiscal shift

Firm posts revenue of ₹9,096 cr; packaged food share at 75%

2 min  |

May 29, 2025

Financial Express Lucknow

Publicly funded data must be public

India is sitting on a goldmine of public data. With proper safeguards, the country's data policy can fuel an AI-driven productivity leap

2 min  |

May 29, 2025

Financial Express Lucknow

TCS crosses $30 bn in FY25 revenue as GenAI sparks civilizational shift

Generative AI was the most transformative force in 2024, driving profound changes across a wide range of technologies, including semiconductors, cloud computing, quantum technologies, robotics, and energy, Tata Consultancy Services (TCS) chairman N Chandrasekaran said in the company's annual report for FY25.

2 min  |

May 29, 2025

Financial Express Lucknow

OPEC+ adopts plan for 2027 baselines

THE OPEC+ AGREED on Wednesday to establish a mechanism for setting baselines for its 2027 oil production, while sources said separate talks on Saturday could be held on a further accelerated oil output hike for July.

1 min  |

May 29, 2025

Financial Express Lucknow

Netanyahu: Hamas Gaza chief Sinwar eliminated

ISRAELI PRIME MINISTER Benjamin Netanyahu said on Wednesday that Israel had eliminated Hamas Gaza chief Mohammad Sinwar, one of its most wanted targets and the younger brother of the deceased group's leader, Yahya Sinwar.

1 min  |

May 29, 2025

Financial Express Lucknow

Musk Plans Mars Update After First Starship Launch

ELON MUSK on Tuesday postponed by a few hours an expected update on SpaceX's plan to launch missions to Mars, saying it will take place after a Starship test flight scheduled for later in the day. He did not give a reason.

1 min  |

May 28, 2025

Financial Express Lucknow

PSU employees to lose pension on dismissal

THE DISMISSAL OR removal of an employee of a public sector undertaking (PSU) will lead to forfeiture of the retirement benefits, the Centre has said.

1 min  |

May 28, 2025

Financial Express Lucknow

India's life insurance market set to be Asia's second-largest in 10 yrs: Allianz

The report projects India's health insurance market to grow at a CAGR of 18.5% between 2025 and 2035

1 min  |

May 28, 2025

Financial Express Lucknow

CII seeks early GST rate rationalisation in meeting with FM

Ahead of the goods and services tax (GST) council meeting, industry body CII on Tuesday sought early conclusion of the rate rationalisation process in a meeting with finance minister Nirmala Sitharaman, sources said.

1 min  |

May 28, 2025

Financial Express Lucknow

JioBlackRock Gets Nod for MF Biz

JIO BLACKROCK ASSET Management, a 50:50 joint venture between Jio Financial Services (JFSL) and US-based BlackRock, has received regulatory approval from the Securities and Exchange Board of India (Sebi) to commence operations as an investment manager for its mutual fund business.

1 min  |

May 28, 2025

Financial Express Lucknow

BEML to start manufacturing bullet train by Sept

STATE-OWNED BEML will begin manufacturing India's first bullet train prototype in September this year at its existing facility in Bengaluru, which also produces Vande Bharat sleeper trainsets.

2 min  |

May 28, 2025

Financial Express Lucknow

BSNL Posts Profit for 2nd Quarter in a Row

STATE-OWNED TELECOM FIRM BSNL earned a profit of ₹280 crore in the fourth quarter of FY25, marking its second consecutive quarterly profit in 18 years.

1 min  |

May 28, 2025

Financial Express Lucknow

Is xenon breathing life into mountaineering?

CLIMBING MOUNT EVEREST typically takes weeks, with most of that time spent at the foot of the mountain adjusting to the thin air.

2 min  |

May 28, 2025

Financial Express Lucknow

ITR filing due date for this year extended to Sept 15

THE INCOME TAX department on Tuesday extended the due date for filing ITRs for assessment year (AY) 2025-26 by individuals and entities who do not have to get their accounts audited to September 15.

1 min  |

May 28, 2025

Financial Express Lucknow

Leela parent's IPO subscribed 17% on Day 2

THE INITIAL SHARE sale of Schloss Bangalore, which operates Leela Palaces Hotels and Resorts, got subscribed 17% on the second day of bidding on Tuesday.

1 min  |

May 28, 2025

Financial Express Lucknow

Oyo Restarts IPO Process; Valuation Likely at $6-8 Billion

GLOBALTRAVELTECH platform Oyo has initiated fresh discussions with investment bankers in preparation for a third attempt at a public listing, with the aim of launching its IPO in the fourth quarter of the current financial year.

1 min  |

May 28, 2025

Financial Express Lucknow

Japan May Cut Super Long Bond Issuance

JAPAN WILL CONSIDER trimming issuance of super-long bonds in the wake of recent sharp rises in yields for the notes, two sources told Reuters on Tuesday, as policymakers seek to soothe market concerns about worsening government finances.

1 min  |

May 28, 2025

Financial Express Lucknow

Olectra's tender loss to hit e-bus rollout plans

Slowing Down

1 min  |

May 28, 2025