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Financial Express Lucknow

Stress in microfinance

If the business is to remain viable for lenders, law shouldn't hamper them from recovering loans

2 min  |

May 07, 2025

Financial Express Lucknow

BoB profit rises 3%, margins decline; stock slumps 10%

BANK OF BARODA on Tuesday reported a 3.3% year-on-year rise in its net profit to ₹5,048 crore for the fourth quarter of the previous financial year, hit by a decline in net interest income.

1 min  |

May 07, 2025

Financial Express Lucknow

Bajaj Market Share Dips; Honda Gains

HOWEVER, THE MOMENTUM has slowed in the last five months, with domestic volumes dropping 5% since December, driven primarily by weakening motorcycle sales.

1 min  |

May 07, 2025

Financial Express Lucknow

Gold prices rise nearly 2%, hit two-week high

SHINING BRIGHT

1 min  |

May 07, 2025

Financial Express Lucknow

Land prices near Noida airport...

HOWEVER, THE LAND deals transacted thus far account for only 1.5% of the 25,000-plus-acre development pipeline of the Yamuna Expressway Industrial Development Authority (YEIDA).

2 min  |

May 07, 2025

Financial Express Lucknow

Seams of trouble

FAST FASHION'S FUTURE HINGES ON SMART SUPPLY

2 min  |

May 07, 2025

Financial Express Lucknow

Spot electricity prices down 50% in May as demand slips

ELECTRICITY PRICES IN the spot market declined by as much as 50% during the first five days of May as unseasonal rains, particularly in the North, reduced power demand while sell bids increased substantially, according to data from the Indian Energy Exchange.

1 min  |

May 07, 2025

Financial Express Lucknow

Apple to Make All Phones Here in Years to Come, Says Scindia

UNION TELECOM MINISTER Jyotiraditya Scindia on Tuesday said investment in India at present makes economic sense for every original equipment manufacturer, as he cited the example of US smart devices major Apple's decision to source the majority of the iPhones sold in the US from the country.

1 min  |

May 07, 2025

Financial Express Lucknow

Campaign celebrates moment after the win

Why the campaign rocks: NIKE's \"WINNING ISN'T Comfortable\" campaign, especially the Stairs film, does something most sports ads don't.

1 min  |

May 07, 2025

Financial Express Lucknow

Mid-market is where the game is: Hilton CEO

\"THE MID-MARKET IS where the game really is. It is essential to target the mid-market if Hilton needs to have a network in a country like India,\" said Chris Nassetta, CEO and president, Hilton, on Tuesday.

2 min  |

May 07, 2025

Financial Express Lucknow

RBI's ₹50,000-cr OMO gets bids worth ₹1.32L cr

THE RESERVE BANK of India (RBI) on Tuesday received bids exceeding twice the notified amount from banks in its open market operation (OMO) purchase.

1 min  |

May 07, 2025

Financial Express Lucknow

Merz overcomes early defeat to become German chancellor

Friedrich Merz was elected chancellor by parliament on Tuesday in a second round of voting after a humiliating and unprecedented defeat on the first attempt, getting his coalition government off to a weak start.

1 min  |

May 07, 2025

Financial Express Lucknow

Merz overcomes early defeat to become German chancellor

Friedrich Merz was elected chancellor by parliament on Tuesday in a second round of voting after a humiliating and unprecedented defeat on the first attempt, getting his coalition government off to a weak start.

1 min  |

May 07, 2025

Financial Express Lucknow

Expecting Paytm to turn profitable next quarter: Sharma

FINTECH FIRM ONE97 Communications, owner of the Paytm brand, has reported narrowing of consolidated loss to ₹545 crore for the fourth quarter ended March 31, 2025, following a reduction in payment processing charges and employee benefits.

1 min  |

May 07, 2025

Financial Express Lucknow

HPCL profit rises 26% at ₹3,415 cr

Hindustan Petroleum (HPCL) on Tuesday reported a 26% jump in its consolidated net profit in the March quarter on improved marketing margins.

1 min  |

May 07, 2025

Financial Express Lucknow

UNSC seeks de-escalation, asks Pak tough questions

THE UN SECURITY Council discussed rising tensions between India and Pakistan at closed-door consultations, where envoys called for de-escalation and also asked Pakistan \"tough questions\".

1 min  |

May 07, 2025

Financial Express Lucknow

Moody's Cuts India's Growth Estimate to 6.3% for 2025

GLOBAL RATING AGENCY Moody's on Tuesday lowered India's GDP estimates to 6.3% from 6.5% for 2025, citing a global economic slowdown caused by heightened US policy uncertainty and trade restrictions.

1 min  |

May 07, 2025

Financial Express Lucknow

Swiggy Transfers Ownership of Private Label Biz to Kouzina

Swiggy has officially exited the private label business by granting exclusive licensing rights of its in-house, digital-first food brands to food service company Kouzina.

1 min  |

May 07, 2025

Financial Express Lucknow

KPIT Tech to Buy Caresoft's Engineering Solutions Biz for $191 Million

KPIT Technologies has acquired Caresoft Global's engineering solutions business for $191 million.

1 min  |

May 07, 2025

Financial Express Lucknow

Services sector makes marginal gains in April

INDIA'S SERVICE SECTOR began with a strong start to the new fiscal year, with the sector accelerating slightly in April, largely driven by a quicker increase in new order inflows, according to a survey by HSBC Holdings.

1 min  |

May 07, 2025

Financial Express Lucknow

Rewriting the rules for digital

DISCUSSION AT WAVES 2025, MEDIA VETERAN UDAY SHANKAR CAUTIONED AGAINST APPLYING THE SAME RULES TO FAMILY VIEWING (TV) & PERSONAL VIEWING (OTT). IS IT TIME TO REVISIT REGULATION?

2 min  |

May 07, 2025

Financial Express Lucknow

MCA Orders Probe Into Gensol, BluSmart

The Ministry of Corporate Affairs (MCA) has ordered a probe against Gensol Engineering and its affiliate firm BluSmart Mobility for alleged violation of corporate governance norms under the Companies Act.

1 min  |

May 07, 2025

Financial Express Lucknow

Shawshank Redemption gave Shetty comeback hope from back injury

ON A PARTICULARLY wretched day stuck at home, with chances of a scheduled return from a back injury fading, India's terrific doubles shuttler, Chirag Shetty, returned to his favourite movie, Shawshank Redemption.

3 min  |

May 07, 2025

Financial Express Lucknow

M&A hits 20-year low after Trump's 'Liberation Day'

BANKERS AND CEOs hit the brakes on mergers and acquisitions after US President Donald Trump launched a global trade war on April 2, with fewer deals getting signed than during the bleakest days of the COVID-19 pandemic and the 2008 global financial crisis.

1 min  |

May 07, 2025

Financial Express Lucknow

Rupee ends lower on foreign banks' dollar bids

THE RUPEE SLIPPED on Tuesday, tracking mild losses in regional peers and dollar demand from foreign banks, though broader weakness in the greenback limited the fall.

1 min  |

May 07, 2025

Financial Express Lucknow

Carney meets Trump to mend strained ties

Talks to determine the future of $900-bn trade partnership

1 min  |

May 07, 2025

Financial Express Lucknow

NSE PAT falls 31%, BSE's doubles

The National Stock Exchange (NSE), the country's biggest exchange, on Tuesday reported a net profit of ₹2,650 crore for the March quarter, a 31% fall on a quarter-on-quarter basis.

1 min  |

May 07, 2025

Financial Express Lucknow

SCHOTT Poonawalla: TPG acquires 35% from Serum

GLOBALALTERNATIVE ASSET management firm TPG has acquired a 35% stake in SCHOTT Poonawalla from Serum Institute of India (SII).

1 min  |

May 07, 2025

Financial Express Lucknow

Hamas: No Point in Gaza Truce Talks

Palestinians walk after Israel's decision to demolish their homes in Nur Shams camp, in the Israeli-occupied West Bank on Tuesday.

1 min  |

May 07, 2025

Financial Express Lucknow

'Retail health to be a key focus area for us'

General Insurance more than doubled its net profit to ₹509 crore in FY25.

2 min  |

May 07, 2025