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Financial Express Lucknow

M&A, PE deals surge to 3-year high in Jan-Mar

DEAL ACTIVITY IN the domestic consumer and retail markets rose to a three-year high in the first quarter of calendar year 2025, as investors backed brands that merged tradition with innovation, Grant Thornton Bharat's latest quarterly deal tracker report showed.

2 min  |

April 15, 2025

Financial Express Lucknow

Niti report pitches for incentive scheme for hand & power tools

The government should extend targeted support to domestic industries to capture a 10% global market share in power tools and a 25% share in hand tools within a decade, by leveraging geopolitical opportunities, including US tariffs on China, a new NITI Aayog report has recommended, sources told FE.

2 min  |

April 15, 2025

Financial Express Lucknow

Smartphone sales: Apple takes lead in Q1 on strong demand

APPLE TOOK THE top spot for global smartphone sales in the first quarter on the back of the iPhone 16e's launch and strong demand in countries such as Japan and India, data from Counterpoint Research showed on Monday.

1 min  |

April 15, 2025

Financial Express Lucknow

UPI Overload

The time has come for setting up another not-for-profit entity on the lines of NPCI to boost competition

2 min  |

April 15, 2025

Financial Express Lucknow

Unsold stock in affordable homes space falls 19%

UNSOLD HOUSING STOCK stood at nearly 560,000 units at the end of the March quarter, down 4% annually, on strong sales, according to Anarock.

1 min  |

April 15, 2025

Financial Express Lucknow

Hospitality transactions witness shift towards tier II, III cities in 2024: JLL

INDIA'S HOSPITALITY SECTOR, which grew on par with the previous year, witnessed a shift towards tier-II and III cities, which accounted for nearly half of all hotel transactions, a report said on Monday.

1 min  |

April 15, 2025

Financial Express Lucknow

Nykaa Plans to Convert Some Regular Stores to Luxe

IN A BID to improve margins for its beauty and personal care business, homegrown beauty and fashion brand Nykaa is in the process of converting some of its regular stores into Luxe ones, according to sources.

1 min  |

April 15, 2025

Financial Express Lucknow

China, Vietnam ink deals

CHINA'S PRESIDENT XI Jinping on Monday called for stronger ties with Vietnam on trade and supply chains amid disruptions caused by US tariffs, as he attended the signing in Hanoi of dozens of cooperation agreements between the two Communist-run nations.

2 min  |

April 15, 2025

Financial Express Lucknow

A fifth of Mumbai data traffic now on 5G: Vodafone Idea

VODAFONE IDEA, WHICH launched its 5G services in Mumbai last month, on Monday said that 70% of its eligible users in the city are currently experiencing its 5G service, and up to 20% of Vi's current data traffic was already being carried on its 5G network.

1 min  |

April 15, 2025

Financial Express Lucknow

Enhancing labour productivity

\"Productivity is not everything but in the long run, it is almost everything\" —Paul Krugman, economist & author, Age of Diminished Expectations

4 min  |

April 15, 2025

Financial Express Lucknow

Wipro Likely to Report Flat Revenue in March Quarter

WIPRO IS EXPECTED to report flat or negligible revenue growth for the January-March quarter due to sustained weakness in critical sectors such as manufacturing and energy, according to analysts' estimates.

1 min  |

April 15, 2025

Financial Express Lucknow

Centre to Set Up Unit to Monitor Development in Areas Near Mines

THE MINES MINISTRY plans to set up a programme management unit to facilitate the development of people affected by mining-related activities and effective coordination with states for smooth implementation of the Pradhan Mantri Khanij Kshetra Kalyan Yojana (PMKKKY).

1 min  |

April 15, 2025

Financial Express Lucknow

NCLAT dismisses Supertech promoter's plea

THE NATIONAL COMPANY Law Appellate Tribunal (NCLAT) has dismissed the plea filed by debt-ridden realty firm Supertech's ex-promoter Ram Kishor Arora against personal insolvency proceedings initiated against him.

1 min  |

April 15, 2025

Financial Express Lucknow

Varanasi club powers UP's football dreams, with a Spanish touch

INTER KASHI ARE just a technicality away from winning the I-League and subsequent promotion to the Indian Super League (ISL).

2 min  |

April 14, 2025

Financial Express Lucknow

Seafund eyes 18-20 deeptech bets by FY27

EARLY-STAGE DEEPTECH VENTURE capital firm Seafund is targeting 18-20 investments by FY27 from its ₹250 crore Fund II, with a near-term plan of making 6-8 new investments in FY26.

1 min  |

April 14, 2025

Financial Express Lucknow

Renewables in focus for power firms' Q4

Modest Growth Estimated

2 min  |

April 14, 2025

Financial Express Lucknow

Go for low-duration funds now

Holding these for up to a year may yield returns of 7.75-8%

3 min  |

April 14, 2025

Financial Express Lucknow

China Urges US To Avoid Small Steps, Revoke Extra Levies

\"THIS IS A small step by the US toward correcting its wrongful action of unilateral 'reciprocal tariffs',\" the Ministry of Commerce said in a statement posted on its official WeChat account on Sunday.

1 min  |

April 14, 2025

Financial Express Lucknow

Tariff War Offers Opportunity in E-commerce Exports: GTRI

The removal of the duty-free import regime for low-value consignments up to $800 per packet through courier or postal networks addressed directly to individuals from China and Hong Kong—effective May 2—presents India with a prime opportunity to scale up its e-commerce exports, according to a report by the Global Trade Research Initiative (GTRI).

1 min  |

April 14, 2025

Financial Express Lucknow

India's iPhone, smartphone exports to US have 20% tariff edge over China: Industry

EXPORT OF IPHONES, smartphones, tablets, laptops from India to the US will be cheaper by 20% compared to those shipped from China following the exemptions given by the Trump administration, industry body ICEA said on Sunday.

1 min  |

April 14, 2025

Financial Express Lucknow

Former SC judge likely to head law panel

FORMER SUPREME COURT judge Justice (retd) Dinesh Maheshwari is likely to head the Law Commission, sources said on Sunday.

1 min  |

April 14, 2025

Financial Express Lucknow

DRDO test-fires laser-based energy weapon system

INDIA ON SUNDAY carried out a successful trial of a laser-directed energy weapon system, joining a select group of nations having the new-age armament used to bring down hostile drones and unmanned aircraft.

1 min  |

April 14, 2025

Financial Express Lucknow

Regulated freedom

Fuel pricing needs certain checks and balances, without undermining profitability of oil firms

2 min  |

April 14, 2025

Financial Express Lucknow

India Adds Record 29.5 Gigawatt Green Energy Capacity in FY25

INDIA ADDED a record 29.52 gigawatts (GW) of renewable energy in 2024-25, taking the country's total installed renewable energy capacity to 220.10 GW as of March 31.

2 min  |

April 14, 2025

Financial Express Lucknow

38% of Wheat Area Harvested So Far, Says Govt

The country has harvested 38% of the total wheat area of an estimated 32 million hectares so far in the ongoing 2025-26 marketing season, agriculture minister Shivraj Singh Chouhan said on Sunday.

1 min  |

April 14, 2025

Financial Express Lucknow

Israel strikes kill 21 in Gaza

A WAVE OF Israeli strikes across Gaza on Sunday hit a hospital, a municipal building, a home and a vehicle, killing at least 21 people, including children, as Israel vowed to expand its security presence in the small coastal strip.

1 min  |

April 14, 2025

Financial Express Lucknow

Bold Bets for IPL Help JioStar Score at a Brisk Pace

DIGITAL SUBSCRIBERS HAVE already doubled to over 200 million on JioHotstar, JioStar's streaming platform, since the start of the ongoing IPL, when the figure was at 100 million paying subscribers, industry sources said.

1 min  |

April 14, 2025

Financial Express Lucknow

SBI, Bank of India Slash FD Rates After RBI Repo Cut

STATE BANK OF India (SBI) and Bank of India have reduced interest rates on select fixed deposits following the RBI decision last week to lower the repo rate by 25 basis points.

1 min  |

April 14, 2025

Financial Express Lucknow

In Apr, FPIs pull out ₹31,575 cr equities

FOREIGN INVESTORS HAVE pulled out ₹31,575 crore from the country's equity markets so far this month, in the wake of turbulence emanating from sweeping tariffs imposed by the US on most nations, including India.

1 min  |

April 14, 2025

Financial Express Lucknow

Govt to seek review of SC order on deadline for Bills

THE GOVERNMENT IS likely to file a review petition on the Supreme Court judgement setting a timeframe for the President and the governors to decide on giving assent to bills passed by state legislatures.

2 min  |

April 14, 2025