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Financial Express Lucknow

McKinsey plans to cut thousands of jobs

STERNFELS TOOK CENTRE stage and told his peers that the firm was finally ready to escape years of lackluster growth.

1 min  |

December 17, 2025

Financial Express Lucknow

PFRDA allows 80% NPS corpus withdrawal for pvt subscribers

IN A MAJOR reform of the national pension system (NPS), the pension regulator has allowed lump sum payout to non-government sector subscribers to 80% and reduced annuitisation to 20% of their corpus at the time of exit from the scheme.

1 min  |

December 17, 2025

Financial Express Lucknow

Industry split on interconnection reforms

TELECOM INTERCONNECTION RULES are set for a major overhaul, with industry bodies warning that the proposed changes could significantly impact operator costs, foreign exchange flows, legacy network revenues, and spam control mechanisms.

1 min  |

December 17, 2025

Financial Express Lucknow

Rice exports in Apr-Nov remain flat at $7.3 bn

INDIA'S RICE EXPORTS during April-November stood flat at $7.3 billion, marginally higher than the previous year, due to higher global stocks and robust crop yield across major producing countries.

1 min  |

December 17, 2025

Financial Express Lucknow

SRK-themed luxury office tower in Dubai a top draw

Sold out on launch day, developer Danube pockets ₹5,000 cr

2 min  |

December 17, 2025

Financial Express Lucknow

ICICI Pru AMC becomes 4th most-subscribed India IPO

·₹10,600-cr IPO, subscribed 39.17 times, gets bids worth ₹3 lakh cr

1 min  |

December 17, 2025

Financial Express Lucknow

Modi proposes to double India-Jordan trade to $5 bn

PRIME MINISTER NARENDRA Modi on Tuesday sought to double India-Jordan bilateral trade to $5 billion over the next five years, as he invited Jordanian companies to take advantage of the country's high economic growth and reap handsome returns.

2 min  |

December 17, 2025

Financial Express Lucknow

Irdai to use consultative regulation process: FM

THE PROPOSED AMENDMENTS to the country's insurance laws seek to widen coverage, strengthen oversight and make the sector more transparent and investmentfriendly, while keeping policyholder interests at the core, Finance Minister Nirmala Sitharaman said on Tuesday.

1 min  |

December 17, 2025

Financial Express Lucknow

RBI injects $5 billion via Fx swap

THE RESERVE BANK of India's (RBI) three-year dollar/rupee buy-sell swap on Tuesday received strong demand.

1 min  |

December 17, 2025

Financial Express Lucknow

Sebi panel to propose easing commodity derivatives rules

A PANEL SET up by Sebi will recommend easing curbs on commodity derivatives and suggest steps to make it more attractive to institutional investors in its final report to be submitted early next year, three sources said.

1 min  |

December 17, 2025

Financial Express Lucknow

Vedanta demerger gets NCLT nod

THE NATIONAL COMPANY Law Tribunal (NCLT) on Tuesday approved the long-pending demerger scheme of mining major Vedanta, clearing the way for the group to split into multiple sector-focused companies spanning aluminium, oil and gas, power, and iron and steel.

1 min  |

December 17, 2025

Financial Express Lucknow

'We're aiming to double our business and reach 75,000 stores by FY27'

D2C(direct-to-consumer) beauty brand RENEE Cosmetics aims to double its business over the next 12 months.

2 min  |

December 17, 2025

Financial Express Lucknow

McKinsey plans thousands of job cuts as slowdown bites

Consulting industry seeing demand slump as clients turn cost-conscious

2 min  |

December 17, 2025

Financial Express Lucknow

Private credit seen rising 35% this year, but flat without SP deal

THE VALUE OF private credit deals is expected to rise about 35% year-on-year (yo-y) to nearly $13 billion in 2025, but the growth is largely skewed by a single large transaction by the Shapoorji Pallonji (SP) Group, with underlying market expansion remaining muted once that deal is excluded.

3 min  |

December 17, 2025

Financial Express Lucknow

Gold loans take the shine out of personal loans

RETAIL BORROWERS ARE increasingly opting for gold loans over personal loans, bankers said, as surging bullion prices allow them to raise larger sums at lower interest rates.

2 min  |

December 16, 2025

Financial Express Lucknow

Noida airport set for flight into the future

Designed to operate largely on automation and self-service

2 min  |

December 16, 2025

Financial Express Lucknow

Over 84% of winter sowing complete, up 4.68% on year

SOWING OF RABI crops such as wheat, pulses, oilseeds and coarse cereals is nearing completion with over 84% of normal sown area covered, so far.

1 min  |

December 16, 2025

Financial Express Lucknow

Create more space to let solar power flow

Solar power is auctioned almost every fortnight and developers are actively securing capacity, so boosting transmission network is crucial to reap benefits

3 min  |

December 16, 2025

Financial Express Lucknow

Govt holds road shows for share sale in GIC

THE GOVERNMENT HELD road shows in London to assess investor interest for a minority stake sale in General Insurance Corp (GIC), two government sources familiar with the matter told Reuters.

1 min  |

December 16, 2025

Financial Express Lucknow

Jindal Group enters urban mobility with Trevel launch

ELECTRIC MOBILITY STARTUP

1 min  |

December 16, 2025

Financial Express Lucknow

India, Mexico start talks on trade pact

INDIA HAS STARTED discussions on a Preferential Trade Agreement (PTA) with Mexico to cushion the impact of steep tariff increase by it on the countries with which it does not have any Free Trade Agreement (FTA).

1 min  |

December 16, 2025

Financial Express Lucknow

ICICI Pru AMC IPO fully booked on Day 2

THE INITIAL PUBLIC offering of ICICI Prudential Asset Management Company, an arm of the ICICI Bank, was fully subscribed on the second day of share sale on Monday, led by institutional investors.

1 min  |

December 16, 2025

Financial Express Lucknow

Kaynes Tech turns focus to cash flow

NON-SMART METER GROWTH RECOVERY LIKELY TO SERVE AS A CATALYST

1 min  |

December 16, 2025

Financial Express Lucknow

SITA plans AI baggage tracking across India

GLOBAL AVIATION TECHNOLOGY provider SITA has initiated discussions with major Indian airlines and airport operators on the potential deployment of baggage biometric technology,which is currently under trial at select European airports, including Frankfurt.

1 min  |

December 16, 2025

Financial Express Lucknow

The year when NBFCs took lead in credit cycle

INDIA'S BORROWERS TOLD a very different story this year,a story that did not always mirror the global uncertainties or the cautious macro headlines that surrounded us.CY25 wasa year of contrasts.

3 min  |

December 16, 2025

Financial Express Lucknow

The long road to enterprise AI

THERE IS IMMENSE VALUE TO BE CAPTURED BY INDIAN IT SERVICES FIRMS IN 2026 AND BEYOND

4 min  |

December 16, 2025

Financial Express Lucknow

Positive outlook for Dr Reddy's

FY28 TO SEE EARNINGS RECOVERY DRIVEN BY BASE BUSINESS GROWTH

1 min  |

December 16, 2025

Financial Express Lucknow

Axis to hire 50 pvt bankers to target India wealth boom

AXIS BANK IS adding 50 private bankers and plans to launch several funds in the GIFT City, as part of a strategy to tap into the explosive growth of the country's wealthy population.

1 min  |

December 16, 2025

Financial Express Lucknow

GST cut to have 5-6% impact on bottom line: Galaxy Health

GALAXY HEALTH INSURANCE, the country's youngest standalone health insurer, is estimating a 5-6% impact on its bottom line following the rationalisation in the goods and services tax (GST) rates, a senior company official said on Monday.

1 min  |

December 16, 2025

Financial Express Lucknow

FMCG set for growth as GST issues wind down

A GST-LED FORMALISATION and more disposable incomes in the hands of people could support consumption growth, particularly in foods, some of the country's top FMCG CEOs said at the CII FMCG Summit in Mumbai on Monday.

2 min  |

December 16, 2025
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