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Financial Express Kochi

Trade tensions

Tariffs surging past levels of the 1930s impart a negative shock to global growth

2 min  |

April 25, 2025

Financial Express Kochi

Boeing 'should default China'

CHINA DEMANDED THAT the US revoke all unilateral tariffs and denied there were talks on reaching a trade deal, maintaining a defiant stance despite President Donald Trump's recent easing of criticism of the country.

2 min  |

April 25, 2025

Financial Express Kochi

The Low-Key High-Flyer

THE BOEING & AIRBUS TEAM, WHO NEGOTIATED THE AIRCRAFT DEAL WITH AIR INDIA, WOULD PROBABLY NOT FORGET AGGARWAL IN A HURRY

3 min  |

April 25, 2025

Financial Express Kochi

Persistent Systems Logs 25% Profit at ₹396 Cr in Q4

PERSISTENT SYSTEMS REPORTED a sequential net profit growth of 12.2%, reaching ₹395.76 crore for the March quarter.

1 min  |

April 25, 2025

Financial Express Kochi

White-collar hiring at fast clip, up 38% in March

WHITE-COLLAR HIRING IN India continues to be at a fast clip, with March figures being a solid 38% higher on year, with big support from the manufacturing sector (up 78% on year and 12% on month).

1 min  |

April 25, 2025

Financial Express Kochi

India's water weapon

A move that could reshape South Asian geopolitics, India's signal to renegotiate or cancel the Indus Waters Treaty (IWT) has raised alarms in Pakistan.

3 min  |

April 25, 2025

Financial Express Kochi

Gensol EV shuts shop, lays off remaining staff as crisis brews

Subsidiary of Gensol Engineering to cease operations by April 30

1 min  |

April 25, 2025

Financial Express Kochi

LTTS revenue grows 12.4%, profit drops

L&T TECHNOLOGY SERVICES (LTTS) reported a sequential increase in its revenue during the quarter ended March, led by growth in its tech and sustainability segments. However, net profit declined due to the impact of the Intelliswift acquisition completed during the quarter.

1 min  |

April 25, 2025

Financial Express Kochi

TechM profit jumps 19% to ₹1,167 cr

TECH MAHINDRA POSTED an 18.7% sequential increase in net profit for the fiscal fourth quarter at ₹1,167 crore, the Mumbai-based tech major announced on Thursday.

1 min  |

April 25, 2025

Financial Express Kochi

Nestle profit down 7% to ₹873 crore

NESTLE INDIA ON Thursday reported a 6.5% year-on-year decline in its consolidated net profit to ₹873.46 crore for the January-March quarter, primarily due to elevated commodity costs.

1 min  |

April 25, 2025

Financial Express Kochi

India Cuts Purchase of LNG

INDIAN ENERGY IMPORTERS are switching from expensive liquefied natural gas to cheaper oil products, a move that will help ease tight global supplies of the super-chilled fuel.

1 min  |

April 25, 2025

Financial Express Kochi

Positive returns by end of year if external risks limited: Nomura

THE RISK PREMIUM for the Indian market is primarily external than internal, believes Nomura's head of India equity research Saion Mukherjee.

2 min  |

April 25, 2025

Financial Express Kochi

Russian Strike on Kyiv Kills 12

RUSSIA POUNDED KYIV with an hourslong barrage of missiles and drones Thursday, killing at least 12 people in its deadliest assault on the Ukrainian capital since July and drawing a rare rebuke of Moscow from U.S. President Donald Trump just as peace efforts were coming to a head.

1 min  |

April 25, 2025

Financial Express Kochi

At all-party meet, leaders seek decisive action

A DAY AFTER it announced a raft of measures against Pakistan in response to the terror attack in Pahalgam which left 26 civilians dead, the government on Thursday shared its assessment of the emerging situation with leaders of political parties, including key Opposition figures, in an attempt to forge a broad domestic political consensus on the matter.

4 min  |

April 25, 2025

Financial Express Kochi

Tax Deductions Not Allowed for Settling Proceedings Under Sebi, 3 Other Laws

Taxpayers will not be allowed to claim a deduction for expenditures incurred to settle proceedings initiated for contravention or defaults under four laws, including the Sebi Act and the Competition Act, the Central Board of Direct Taxes (CBDT) said.

1 min  |

April 25, 2025

Financial Express Kochi

ED detains Puneet, raids Gensol premises

THE ED ACTION is based on the Sebi order which claimed that Gensol Engineering obtained loans from PFC and RDEA Ltd for procurement of EVs and EPC (Engineering, Procurement and Construction) contracts.

1 min  |

April 25, 2025

Financial Express Kochi

TMB targets 15-18% loan growth in FY26

TAMILNAD MERCANTILE BANK (TMB) is targeting a 15–18% growth in gross advances in FY26, driven by strong traction in the retail, agriculture and MSME (RAM) segments, along with a sharper focus on gold loans.

1 min  |

April 25, 2025

Financial Express Kochi

Vision 2047: PM stresses growth and innovation

PRIME MINISTER NARENDRA Modi on Thursday said India's vision for 2047 aims to transform the country into a hub of innovation, sustainable growth and inclusivity where every citizen enjoys a high quality of life while the nation's progress remains both people-centric and planet-friendly.

1 min  |

April 25, 2025

Financial Express Kochi

UK's Child Safety Rules to Challenge Age Verification Process on X

NEW RULES FROM the UK's communications regulator will challenge the way Elon Musk's X platform and others handle age verification and pornographic content on their platforms.

2 min  |

April 25, 2025

Financial Express Kochi

Closure of Pak airspace will push cost, time for carriers

PAKISTAN'S DECISION TO lose its airspace to Indian carriers, announced on Thursday amid rising tensions between the two countries, is set to increase flight durations and operating costs for Indian airlines.

1 min  |

April 25, 2025

Financial Express Kochi

Money Laundering Probe: ED Raids FIITJEE Premises

MULTIPLE TEAMS OF the Enforcement Directorate (ED) conducted raids at the premises of FIITJEE in Delhi-NCR on Thursday, as part of its money laundering investigation against the coaching institute chain — that primarily prepares engineering students for competitive exams — which had recently shut down its centres abruptly, sources in the ED said.

1 min  |

April 25, 2025

Financial Express Kochi

US trade deal: Bessent says India may be first

US Treasury Secretary Scott Bessent has said that India is likely to become the first nation to finalize a bilateral trade agreement with the US — a development that would help New Delhi sidestep the 26% reciprocal tariffs that have been paused till July.

1 min  |

April 25, 2025

Financial Express Kochi

EV policy to be tweaked based on BTA outcome

THE GOVERNMENT WILL tweak its new electric vehicle (EV) policy based on the outcome of ongoing bilateral trade agreement (BTA) and free trade agreement (FTA) negotiations.

2 min  |

April 25, 2025

Financial Express Kochi

BSNL land asset monetisation process begins

Valuers sought for firm's 8.7-acre prime land parcels in south

2 min  |

April 25, 2025

Financial Express Kochi

We are expanding our manufacturing in the US

Welspun Living is expanding its manufacturing in the US, a move which will not only broaden its manufacturing base there but also help it in dealing with the potential reciprocal tariffs.

2 min  |

April 25, 2025

Financial Express Kochi

Apple, Meta got slapped by new EU tech rules

ANOTHER DAY, ANOTHER European Commission fine against Big Tech — a phenomenon Silicon Valley views as little more than a speeding ticket. But Wednesday's modest penalties against Apple and Meta Platforms, totalling €700 million ($798 million), belie a more meaningful smackdown by the continent's antitrust regulator that could force them to rewire their business models.

2 min  |

April 25, 2025

Financial Express Kochi

Tata Motors Scrip Part Of Most Retail Portfolios

TATA MOTORS RETAINED its position as the top company with the highest number of retail investors for the second consecutive quarter, according to data sourced from Capitaline.

1 min  |

April 25, 2025

Financial Express Kochi

PepsiCo Cuts Profit Forecast as Tariffs Set to Drive Up Costs

PEPSICO ON THURSDAY cut its annual profit forecast as the soda and snacks giant signaled higher production costs and subdued consumer spending due to the uncertainty fueled by U.S. President Donald Trump's expansive tariffs.

1 min  |

April 25, 2025

Financial Express Kochi

Petroleum products exports rise 3% in FY25, value dips 7%

INDIA'S EXPORTS OF petroleum products grew by 3.4% in volume terms to 64.7 million tonnes in FY25, compared to 62.6 million tonnes in FY24, according to data from the Petroleum Planning and Analysis Cell.

1 min  |

April 25, 2025

Financial Express Kochi

Axis Bank Q4 profit flat at ₹7,117 cr

AXIS BANK ON Thursday reported flat growth in its net profit at ₹7,117 crore in the fourth quarter of FY25 compared to ₹7,130 crore in the same quarter of FY24, impacted by muted growth in other income.

1 min  |

April 25, 2025