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Financial Express Lucknow

'Meaningful' trade agreement with India in the works, says EU

INDIA AND THE European Union (EU) are working to deliver a commercially meaningful trade deal that will open up markets for goods and services to businesses from both sides, commissioner for trade and economic security of European Commission Maros Sefcovic said on Thursday.

2 min  |

May 02, 2025

Financial Express Lucknow

Goyal may travel back to UK to wrap up FTA

COMMERCE AND INDUSTRY minister Piyush Goyal may travel to London again later this week before he returns to India from the ongoing three-nation foreign tour, to iron out a few irritants in the free trade agreement (FTA) with the UK, according to sources.

1 min  |

May 01, 2025

Financial Express Lucknow

US urges India, Pak not to escalate situation

WITH PRIME MINISTER Narendra Modi promising retribution for the Pahalgam terror attack and telling the military brass that they have \"complete operational freedom to decide on the mode, targets and timing of our response\", the US has started reaching out to India and Pakistan to ask them \"not to escalate the situation\".

2 min  |

May 01, 2025

Financial Express Lucknow

Indian Oil Q4 profit jumps 52%

Increased Sales

1 min  |

May 01, 2025

Financial Express Lucknow

India tariff talks going great: Trump

TRUMP HAD IMPOSED a 26% reciprocal tariff on India, and later paused it for 90 days to discuss trade agreements.

1 min  |

May 01, 2025

Financial Express Lucknow

Aramco eyes 20% stake each in BPCL, ONGC refineries

THIS WILL BE part of Saudi Arabia's commitment to invest $100 billion in India over the next few years in various sectors.

1 min  |

May 01, 2025

Financial Express Lucknow

Ford Resumes Preparations for TN Unit, Ops Likely in H2 2025

FIRST PHASE

1 min  |

May 01, 2025

Financial Express Lucknow

Cybersecurity Norms: Entities Grouped Under Four Categories

SEBI on Wednesday grouped qualified registered entities (REs) into four categories based on size and risk level under the cybersecurity and cyber resilience framework (CSCRF).

1 min  |

May 01, 2025

Financial Express Lucknow

Rapido in advanced talks with NRAI for food delivery

RIDE-HAILING UNICORN RAPIDO is in advanced discussions with the National Restaurant Association of India (NRAI) to onboard restaurants for its foray into the food delivery space.

1 min  |

May 01, 2025

Financial Express Lucknow

Varun Beverages profit up 35%

PEPSICO BOTTLER VARUN Beverages on Wednesday reported a 35.2% rise in its net profit during the January-March 2025 quarter to ₹726.4 crore, on the back of healthy volume growth.

1 min  |

May 01, 2025

Financial Express Lucknow

PE and the growth story

Private equity (PE) in India is undergoing a transformation more profound than a cyclical investment shift.

4 min  |

May 01, 2025

Financial Express Lucknow

CCEA Approves 4% Increase in Sugarcane FRP for This Season

Sweet Deal

2 min  |

May 01, 2025

Financial Express Lucknow

Demat a/cs May Be a Must for Select Shareholders Before IPO

The Securities and Exchange Board of India (Sebi) on Wednesday proposed mandating select shareholders, including directors, key managerial personnel and current employees, to hold shares in the demat form before filing an initial public offering (IPO) document.

1 min  |

May 01, 2025

Financial Express Lucknow

Vedanta net profit rises 154% in Q4

MINING MAJOR VEDANTA on Wednesday reported a 154.4% increase in consolidated net profit to ₹3,483 crore in the quarter ended March 2025, driven by lower production cost and higher volume.

1 min  |

May 01, 2025

Financial Express Lucknow

Army warns Pakistan of ceasefire violations as LoC firing continues

Border residents renovating bunkers for any eventuality

1 min  |

May 01, 2025

Financial Express Lucknow

Westlife to continue taking a big bite of larger McDonald's outlets

WHILE THE SLOWDOWN in demand for dine-in has prompted some quick-service restaurant (QSR) chains to opt for smaller outlets, Westlife FoodWorld will continue to open outlets of a standard size.

1 min  |

May 01, 2025

Financial Express Lucknow

Mobius sees India gaining at the expense of China

VETERAN EMERGING-MARKETS INVESTOR Mark Mobius is keeping the bulk of his funds' holdings in cash as he waits out the trade-related uncertainty, which is likely to persist for up to six months.

2 min  |

May 01, 2025

Financial Express Lucknow

Cabinet Clears ₹22,864-cr Northeast Highway Project

The government on Wednesday approved ₹22,864 crore greenfield high-speed corridor that will connect Shillong in Meghalaya to Silchar in Assam.

1 min  |

May 01, 2025

Financial Express Lucknow

Road safety, tolling systems set for major upgrade: Gadkari

THE GOVERNMENT IS planning a mobility infrastructure overhaul for the country that would include advanced satellite-based tolling systems for highways, major public transport upgrades, and stricter safety regulations, Union minister for road transport and highways Nitin Gadkari said on Wednesday.

1 min  |

May 01, 2025

Financial Express Lucknow

Easier Tax Returns Now for LTCG Up to ₹1.25 Lakh

THE CENTRAL BOARD of Direct Taxes (CBDT) on Wednesday notified the income tax return forms 1 and 4 for the assessment year 2025-26, making it easier for individuals with long-term capital gains of up to ₹1.25 lakh from listed equities to file returns.

1 min  |

May 01, 2025

Financial Express Lucknow

Common contract note issuance deferred again

The Securities & Exchange Board of India (Sebi) has directed the exchanges to further defer the issuance of a common contract note for foreign portfolio investors (FPIs) and institutional investors to July 1.

1 min  |

May 01, 2025

Financial Express Lucknow

Bajaj explores insurance expansion post Allianz exit

BAJAJ FINSERV is exploring expansion of its insurance business following Allianz's exit, even as the company awaits approval from the Competition Commission of India and the Insurance Regulatory and Development Authority of India to acquire Allianz's 26% stake in two insurance joint ventures — Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance.

1 min  |

May 01, 2025

Financial Express Lucknow

Majority of Indians seek job switch in next one year: Aon

MAJORITY OF WORKERS in India are either in the process of changing jobs or might do so in the next 12 months, according to a study by leading global professional services firm Aon.

1 min  |

May 01, 2025

Financial Express Lucknow

Euro zone GDP expands faster than expectations

THE EURO-AREA economy grew more than expected at the start of the year, though is yet to feel the full force of US President Donald Trump's tariffs.

1 min  |

May 01, 2025

Financial Express Lucknow

Central Bank eyes ₹4,500-cr recovery in FY26

CENTRAL BANK OF India is targeting recovery ₹4,500 crore from bad loans in the current financial year, nearly a 11% increase over ₹4,062 crore recovered in the previous financial year.

1 min  |

May 01, 2025

Financial Express Lucknow

Adani Power net down 3%

ADANI POWER POSTED a net profit of ₹2,649 crore in the fourth quarter of FY25, down 3% year-on-year, missing consensus estimates of analysts who had pegged the figure at ₹2,355 crore.

1 min  |

May 01, 2025

Financial Express Lucknow

WinZo flags GST concerns as growth rate takes a hit

THE GOODS AND services tax (GST) levied on online gaming platforms should be on their revenues, and not on deposits made by customers in platform wallets, WinZo co-founder and chief executive Paavan Nanda told FE, as the company's growth rate slowed in FY24.

1 min  |

May 01, 2025

Financial Express Lucknow

Why only one among Big Four is on Sebi's panel of forensic auditors

Regulator has slashed list from 20 to 9

1 min  |

May 01, 2025

Financial Express Lucknow

Meta rolls out AI app to compete with ChatGPT

META PLATFORMS RELEASED a new standalone artificial intelligence app on Tuesday in a bid to compete with other popular chatbots like OpenAI's ChatGPT.

1 min  |

May 01, 2025

Financial Express Lucknow

Above-normal heat conditions likely in most parts in May

THE INDIA METEOROLOGICAL Department (IMD) on Wednesday said most parts of the country are likely to see 'above normal' maximum temperatures in May with the exception of parts of southern peninsular and eastern regions.

1 min  |

May 01, 2025