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Financial Express Kochi

Rare earths: Decision on subsidy scheme soon

The government is likely to take a decision on rolling out a scheme to subsidise domestic production of rare earth magnets in the next 15-20 days, Union minister HD Kumaraswamy said on Tuesday.

2 min  |

June 25, 2025

Financial Express Kochi

Harvard Wins Longer Block on Trump's Foreign Student Ban

A FEDERAL JUDGE issued another court order letting Harvard University keep hosting foreign students, this one in its fight to overturn President Donald Trump's proclamation barring their entry to the U.S.

1 min  |

June 25, 2025

Financial Express Kochi

Plane's black box not sent abroad: Minister

CIVIL AVIATION MINISTER Kinjarapu Rammohan Naidu announced on Tuesday that the black box from the crashed Air India Flight 171 is currently in India and has not been sent abroad for investigation, contrary to speculations.

1 min  |

June 25, 2025

Financial Express Kochi

India Evacuates Over 3,100 Citizens

INDIA ON TUESDAY evacuated over 1,100 citizens from Iran and Israel amid ongoing tensions between the two countries, taking the number of evacuees under Operation Sindhu to 3,170.

1 min  |

June 25, 2025

Financial Express Kochi

Chaos at Doha Airport, Long Queues in Dubai

OPERATIONS AT TWO of the world's busiest airports in Doha and Dubai slowed to a crawl on Tuesday as thousands of travellers queued for hours, facing long delays and flight cancellations after the temporary closure of airspace a day earlier.

1 min  |

June 25, 2025

Financial Express Kochi

HC rules NFRA can probe audits before its creation

New penalties can't be imposed, court order adds

2 min  |

June 25, 2025

Financial Express Kochi

S&P Raises India's FY26 Growth Forecast to 6.5%

S&P Global Ratings on Tuesday raised India's economic growth projection to 6.5% for 2025-26.

2 min  |

June 25, 2025

Financial Express Kochi

J&K Bank to focus on improving other income

IN ORDER TO improve growth in other income, Jammu & Kashmir (J&K) Bank has decided to create a separate vertical, managing director and chief executive officer Amitava Chatterjee said.

1 min  |

June 25, 2025

Financial Express Kochi

Adani aims $15-bn capex a year

IN TERMS OF consolidated numbers, the group's revenues grew by 7%, Ebitda by 8.2%, and net debt-to-Ebitda ratio remained at 2.6x, he said.

1 min  |

June 25, 2025

Financial Express Kochi

FM rebuts 'tariff king' tag...

US PRESIDENT DONALD Trump had branded India as a \"tariff king\" on many occasions in the past few months.

1 min  |

June 25, 2025

Financial Express Kochi

Average compensation in AI crash can be $2-10 mn per person

UK-based James Healy-Pratt, a lawyer, with 30 years' of experience resolving high-profile aviation disputes and accidents worldwide, is assisting the families of victims of the ill-fated Air India flight IA 171 which crashed in Ahmedabad on June 12.

2 min  |

June 25, 2025

Financial Express Kochi

Status Quo 2.0

Trai has missed a chance to pivot PM-WANI from a policy failure to a success story

2 min  |

June 25, 2025

Financial Express Kochi

Bonds rally as traders lap up debt post ceasefire

AN ISRAEL-IRAN CEASEFIRE and the ensuing slump in oil prices boosted government bonds on Tuesday, as traders resumed buying and covered short positions.

1 min  |

June 25, 2025

Financial Express Kochi

₹1,980-cr defence contracts sealed

THE DEFENCE MINISTRY has concluded 13 contracts worth ₹1,980 crore under the emergency procurement mechanism to boost the Indian Army's operational readiness in countering cross-border terrorism.

2 min  |

June 25, 2025

Financial Express Kochi

Bike taxi ban challenged in Karnataka HC

TWO INDIVIDUAL BIKE owners moved the Karnataka High Court on Tuesday, challenging a recent single judge ruling that banned the operation of bike taxis in the state.

1 min  |

June 25, 2025

Financial Express Kochi

Coal stock in power plants rises to 61.3 MT

The coal stocks at all thermal power plants have reached an all-time high of 61.3 million tonnes, which is sufficient to meet 25 days of consumption, railway ministry said in a statement on Tuesday.

1 min  |

June 25, 2025

Financial Express Kochi

Tech Mahindra CEO Draws ₹52.1 Cr in FY25

TECH MAHINDRA CEO and MD Mohit Joshi earned ₹52.1 crore in FY25, the company's annual report stated.

1 min  |

June 25, 2025

Financial Express Kochi

SEPC, IAMI sign pact

The Services Export Promotion Council (SEPC) and the Internet and Mobile Association of India (IAMAI) have signed a Memorandum of Understanding (MoU) to advance India's digital services exports and strengthen the global presence of Indian digital businesses.

1 min  |

June 25, 2025

Financial Express Kochi

Aus, YouTube spar over U-16 social media ban

AUSTRALIA'S WATCHDOG and YouTube exchanged barbs on Tuesday after the regulator urged the government to reverse a planned exemption for the Alphabet-owned video-sharing platform from its world-first teen social media ban.

1 min  |

June 25, 2025

Financial Express Kochi

PayU IPO delayed as losses mount

THE IPO OF digital payments and lending platform PayU has been postponed to 2026 as the company's losses continue to increase, Nico Marais, CFO of Dutch investor Prosus said on Monday.

1 min  |

June 24, 2025

Financial Express Kochi

SRK among $1-bn Ashika co-investors

The Family Office (FO) of Bollywood mega star Shah Rukh Khan (SRK) is co-investing with Ashika Group, a money manager and proprietary investment house in Mumbai.

1 min  |

June 24, 2025

Financial Express Kochi

PhonePe Targets August Date to File for $1.5 Billion IPO

Proposed listing will value fintech firm at $15 billion

1 min  |

June 24, 2025

Financial Express Kochi

Israel hits Iran's notorious Evin prison

EXPLOSIONS BOOMED MONDAY night in Qatar, home to a major US air base, shortly after its airspace was closed due to Iranian threats of retaliation after American forces pounded its nuclear sites.

3 min  |

June 24, 2025

Financial Express Kochi

Future Tense

The world has to grapple with too many unknowns due to the escalating conflict in West Asia

2 min  |

June 24, 2025

Financial Express Kochi

Business activity at 14-month high on strong demand

INDIA'S PRIVATE SECTOR activity rose sharply in June as companies ramped up production to meet surging domestic and export demand, according to a survey by HSBC Holdings.

1 min  |

June 24, 2025

Financial Express Kochi

SFBs see many positives as RBI reduces PSL target

Opportunities Galore

2 min  |

June 24, 2025

Financial Express Kochi

MPC Member Sees Limited Impact of Large Rate Cut

THE IMMEDIATE INCREMENTAL impact of an additional 25 basis-point rate cut delivered earlier this month by the Reserve Bank of India's monetary policy committee may be relatively limited, external member Saugata Bhattacharya told Reuters on Monday.

1 min  |

June 24, 2025

Financial Express Kochi

Farm Goods Exports Rise 8% to $4.2 Billion in April-May

INDIA'S EXPORTS OF agricultural and processed food products have commenced on a brisk note in the current fiscal, with the shipments rising by over 8% year-on-year to $4.16 billion in April-May.

1 min  |

June 24, 2025

Financial Express Kochi

The Material Question

N WORLD ENVIRONMENT Day this year, hundreds—if not thousands—of events were organised across India to address plastic pollution, echoing the day's official theme: \"Beat Plastic Pollution\".

3 min  |

June 24, 2025

Financial Express Kochi

Databricks Bets on Legacy Entities for India Growth Spurt

US-BASED DATABRICKS, the provider of data architecture and AI platforms, will be utilizing its $250 million investment in India over the next three years towards building capabilities in engineering, training, customer support, and go-to-market initiatives, the firm's senior vice president and general manager for Asia Pacific & Japan Ed Lenta told FE.

1 min  |

June 24, 2025