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Financial Express Lucknow

The Folly in Trump's History

The decline of manufacturing has more to do with automation and technological leaps than trade deficits

3 min  |

April 16, 2025

Financial Express Lucknow

Trump Initiates Chips, Drug Investigation

The Trump Administration is proceeding with probes into imports of pharmaceuticals and semiconductors as part of a bid to impose tariffs on both sectors on grounds that extensive reliance on foreign production of medicine and chips is a national security threat, Federal Register filings on Monday showed.

1 min  |

April 16, 2025

Financial Express Lucknow

Digvesh Rathi, aka Bobby, is IPL's latest star

DHARMENDER, AN ASSISTANT at a building-material shop, named his first two sons — what else, Sunny and Bobby. Later, he had a third one. Pleased, he called him Happy.

2 min  |

April 16, 2025

Financial Express Lucknow

Trading boost for BofA

CITIGROUP BEAT WALL Street estimates for first-quarter profit on Tuesday as its traders reaped a windfall from volatile markets that fueled client activity.

1 min  |

April 16, 2025

Financial Express Lucknow

Tariff fallout: Nissan to cut Rogue SUV production in Japan

NISSAN WILL CUT Japanese production of its top-selling U.S. model, the Rogue SUV, over May-July, said a person familiar with the matter, becoming the latest global automaker to alter manufacturing plans in response to new U.S. import tariffs.

2 min  |

April 16, 2025

Financial Express Lucknow

India & EU weigh early harvest trade pact

Focus on Core Trade Issues

2 min  |

April 16, 2025

Financial Express Lucknow

Restrictive MF rules under Sebi review

THE SECURITIES & Exchange Board of India (Sebi) is reviewing restrictive rules for asset management companies under Clause 24(B), which prevents them from undertaking any business activity other than management and advisory services provided to pooled assets, executive director Manoj Kumar said on Tuesday.

1 min  |

April 16, 2025

Financial Express Lucknow

RBI: No countercyclical capital buffer now

THE RESERVE BANK on Tuesday said it has decided against activating countercyclical capital buffer (CCyB) as it is not needed in the present circumstances.

1 min  |

April 16, 2025

Financial Express Lucknow

Infosys Likely to Post Muted Numbers in March Quarter

INFOSYS IS EXPECTED to report a marginal sequential revenue growth and a drop in profit for the January-March quarter, weighed down by seasonal factors and persistent macroeconomic headwinds.

1 min  |

April 16, 2025

Financial Express Lucknow

Intel to sell stake in Altera for $4.46 bn

INTEL HAS AGREED to sell a 51% stake in its Altera programmable chip business to buyout firm Silver Lake for $4.46 billion, in the first major move under new CEO Lip-Bu Tan to revive the struggling American chipmaker.

1 min  |

April 15, 2025

Financial Express Lucknow

China's trade surplus hits $103 billion

The world's two biggest economies are headed for a divorce that will likely play out for the rest of this year and beyond, after a month that saw a huge spurt in China's exports and its overall trade surplus hit near $103 billion.

1 min  |

April 15, 2025

Financial Express Lucknow

Waqf violence in West Bengal shifts to Bhangar, Murshidabad remains calm

FRESH EPISODES OF Waqf (Amendment) Act-related violence rocked Bhangar area in West Bengal's South 24 Parganas district on Monday, even as police claimed that law and order situation in the previous riot epicentre of Murshidabad remained largely under control.

1 min  |

April 15, 2025

Financial Express Lucknow

Belgium confirms Choksi's arrest, extradition request

THE BELGIAN GOVERNMENT on Monday confirmed that fugitive jeweller Mehul Choksi has been arrested in Antwerp following an extradition request by Indian investigation agencies.

1 min  |

April 15, 2025

Financial Express Lucknow

OPEC Cuts Demand Forecasts for 2025, 2026 on Trade War

The Organization of the Petroleum Exporting Countries (OPEC) has cut forecasts for global oil demand growth this year and the next as US President Donald Trump's tariff onslaught takes a toll on consumption, while remaining more bullish than other forecasters.

2 min  |

April 15, 2025

Financial Express Lucknow

Pharma firms hope for 'full exemption' from US levy

With the US government giving a 90-day breather on reciprocal tariffs, the domestic pharma sector is expecting complete exemption from the levy in the near future along the lines of a range of electronic products.

1 min  |

April 15, 2025

Financial Express Lucknow

Industry seeks curbs on edible oil imports

WITH UNUSUALLY HIGH imports of soyabean oil via Nepal this year, the domestic edible oil industry has urged the government to restrict shipments by fixing a monthly quota to curb the flow of cheap cooking oils.

1 min  |

April 15, 2025

Financial Express Lucknow

FreshMenu targets 100 cloud kitchens

FreshMenu plans to scale up to 100 cloud kitchens in the next 12 months.

2 min  |

April 15, 2025

Financial Express Lucknow

Govt to buy 0.5 MT of tur to fortify depleted buffer

AFTER FIVE YEARS, the government is aiming to procure 0.5 million tonne (MT) of tur, or pigeon pea, at the minimum support price (MSP) in the 2024-25 season with the aim to boost depleted buffer and provide farmers with remunerative prices.

1 min  |

April 15, 2025

Financial Express Lucknow

Cipla: USFDA approval clears path for Abraxane launch

CIPLA announced on April 11 that it has received final approval from the USFDA for its Abraxane (Paclitaxel protein-bound particles for injectable suspension [albumin bound], 100 mg/vial, single-dose vial) ANDA.

2 min  |

April 15, 2025

Financial Express Lucknow

Tariff war can be a catalyst for bilateral trade pacts

The global tariff war started by the US can make India look favourably at bilateral trade agreements, which would help bring in new global products and the latest technology to the domestic market, says Piyush Arora, MD and CEO, Skoda Auto Volkswagen India (SAVIPL).

2 min  |

April 15, 2025

Financial Express Lucknow

Meta's antitrust trial could force it to sell Instagram

META PLATFORMS FACES a historic antitrust trial beginning Monday that could force the tech giant to break off Instagram and WhatsApp, startups it bought more than a decade ago that have since grown into social media powerhouses.

2 min  |

April 15, 2025

Financial Express Lucknow

Power production doubled in a decade: PM

Prime Minister Narendra Modi on Monday said there were blackouts under the Congress rule before 2014, but power production has doubled in the last decade and India is now exporting electricity.

1 min  |

April 15, 2025

Financial Express Lucknow

Mulling exceptions for auto parts facing 25% tariffs: Trump

President Donald Trump said he is exploring possible exemptions to his tariffs on imported vehicles and parts to give auto companies more time to set up US manufacturing.

1 min  |

April 15, 2025

Financial Express Lucknow

Global stocks rally as electronics get a tariff break

US SHARES JOINED a rally in Europe and Asia on Monday after the White House exempted smartphones and computers from tariffs, though gains were capped and the dollar was muted as President Donald Trump said that levies were still likely.

1 min  |

April 15, 2025

Financial Express Lucknow

TCS Eyes Better Growth in FY26

Healthy Deal TCV, Recovery in Developed Markets Key Positives

2 min  |

April 15, 2025

Financial Express Lucknow

BluSmart Turns to Hybrid Model to Ride Out of Crisis

IN AN EFFORT to tackle its growing financial challenges and boost revenue, electric ride-hailing startup BluSmart Mobility is transitioning to a hybrid operational model through a partnership with Uber India, while maintaining its independent brand presence.

2 min  |

April 15, 2025

Financial Express Lucknow

IPL's Betting Rush Is Straining Banks

TO PURISTS AND pundits, the Indian Premier League (IPL) may be more glitz than cricket. But it's serious business for the nation's richest tycoon—and an operational nightmare for banks.

2 min  |

April 15, 2025

Financial Express Lucknow

Coal exchange likely by FY27 to reduce global price reliance

The government is likely to set up a coal exchange for the purchase and sale of domestically produced coal by the next financial year, official sources told FE.

2 min  |

April 15, 2025

Financial Express Lucknow

Propping up CA firms with PE

Private equity can aid accounting firms with much-needed capacity building and consolidated, provided there are guardrails involved

3 min  |

April 15, 2025

Financial Express Lucknow

Banks may see compression in NIMs on rising slippages

BANKS ARE LIKELY to witness a spike in bad loans in the January-March quarter, driven by rising delinquencies in the unsecured and microfinance segments.

2 min  |

April 15, 2025