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Financial Express Chandigarh

Swiggy Q1 losses double as q-comm war heats up

Swiggy reported a bigger-than-expected net loss of ₹1,197 crore for the June quarter, compared to ₹611 crore a year earlier.

1 min  |

August 01, 2025

Financial Express Chandigarh

Fiscal deficit doubles to ₹2.8 lakh cr in Q1

THE CENTRE'S FISCAL deficit more than doubled on year to ₹2.8 lakh crore to reach 17.9% of the annual target in the first quarter of FY26, with acceleration in capex and revenue expenditure even as net tax receipts declined.

1 min  |

August 01, 2025

Financial Express Chandigarh

Uber targets 4,500 intercity routes

UBER ON THURSDAY announced plans to expand its intercity route network in India to 4,500 routes by the end of this calendar year, up from the current 3,000.

1 min  |

August 01, 2025

Financial Express Chandigarh

Need to revisit MPC arrangement

The Monetary Policy Committee should vote on all the monetary instruments and not on the repo rate alone, to help improve transparency

3 min  |

August 01, 2025

Financial Express Chandigarh

Govt okays ₹11,169-crore rail multi-tracking projects

The government on Thursday approved four multitracking projects of Indian Railways at a total cost of ₹11,169 crore.

1 min  |

August 01, 2025

Financial Express Chandigarh

US Rushes Through Trade Deals Before Aug 1

TRADE WAR Trump's trade deals and country-specific tariffs

2 min  |

August 01, 2025

Financial Express Chandigarh

The Reality Check

India has responded with restraint to Trump's nasty remarks, but some give and take on the trade deal is the only way out

2 min  |

August 01, 2025

Financial Express Chandigarh

Over 76% Rural Households Report Rise in Consumption: Nabard Survey

In a clear sign of rural economic momentum, 76.6% of rural households reported an increase in consumption, marking a sustained trajectory of consumption-led growth, according to a Nabard survey.

1 min  |

August 01, 2025

Financial Express Chandigarh

Meta pivots on AI under cover of superb quarter

MARK Zuckerberg addressed every constituency that mattered. In a video posted to Reels, and in a 616-word written manifesto, he first talked directly to his users about his desire to build a new \"personal superintelligence\" that will help people rather than take their jobs:

3 min  |

August 01, 2025

Financial Express Chandigarh

Apex court recalls BPSL judgment

IT SAID, \"THE Resolution Plan...as approved by the CoC (Committee of Creditors) stands rejected, being not in conformity with the provisions contained in sub-section (2) of Section 30, read with sub-section (2) of Section 31\" of the Insolvency and Bankruptcy Code (IBC).

1 min  |

August 01, 2025

Financial Express Chandigarh

Tata Motors to leapfrog in tech, products on Iveco buy

The ₹38,000-crore acquisition of Iveco will help Tata Motors triple revenue and quadruple profitability while leapfrogging years of gestation period required to develop products, technology and consumer markets, top company officials said on Thursday.

2 min  |

August 01, 2025

Financial Express Chandigarh

The Opportunity in Tariff War

In today's fragmented economy, tariffs have evolved from mere protectionist barriers to instruments of geopolitical strategy.

4 min  |

August 01, 2025

Financial Express Chandigarh

PB Fintech posts 40% jump in Q1 profit

PB Fintech reported a 40% rise in first-quarter profit on Thursday, as more consumers turned to digital platforms for insurance products.

1 min  |

August 01, 2025

Financial Express Chandigarh

High prices weigh on gold jewellery demand

Slippery Slope

1 min  |

August 01, 2025

Financial Express Chandigarh

Cognizant posts $5.25-bn revenue, beats estimates

NASDAQ-LISTED Cognizant reported better-than-expected second-quarter results, with revenues growing 8.1% year-on-year to $5.25 billion and net profits rising 14% y-o-y to $645 million.

2 min  |

August 01, 2025

Financial Express Chandigarh

Indian Refiners Pause Russian Oil Purchases

INDIAN STATE REFINERS have stopped buying Russian oil in the past week as discounts narrowed this month and US President Donald Trump warned countries not to purchase oil from Moscow, industry sources said.

1 min  |

August 01, 2025

Financial Express Chandigarh

US inflation picks up in June

US INFLATION ROSE in June as tariffs boosted prices for imported goods like furniture and recreation products, supporting views that price pressures would pick up in H2 of the year and delay the Fed Reserve from resuming cutting interest rates until at least October.

1 min  |

August 01, 2025

Financial Express Chandigarh

Rupee plummets to all-time low

Terrible Thursday

2 min  |

August 01, 2025

Financial Express Chandigarh

Priya Nair takes over today; she is perfectly cast for role, says Jawa

THE COUNTRY'S LARGEST consumer goods company Hindustan Unilever (HUL) believes the domestic FMCG market has come out of a difficult period of low growth and will continue to recover on favourable macroeconomic fundamentals, including good rainfall, income tax cuts, lower repo rates and benign food inflation.

1 min  |

August 01, 2025

Financial Express Chandigarh

IMD Forecasts 'Above-Normal' Rain in Aug-Sept

Boosting Agri Prospects

2 min  |

August 01, 2025

Financial Express Chandigarh

Gems, jewellery units fear deepening export slump

0-40 bps risk

1 min  |

August 01, 2025

Financial Express Chandigarh

Fed's reticence confuses investors

PREVAILING CAUTION

2 min  |

August 01, 2025

Financial Express Chandigarh

RBI Shuns Fixed-Rate Liquidity Operations

The Reserve Bank of India (RBI) is unlikely to reintroduce the policy of lending money daily to banks at a fixed rate, despite increased clamour for it from market participants, three sources said on Thursday.

1 min  |

August 01, 2025

Financial Express Chandigarh

NSE's plans to relaunch VIX futures face hurdles

The National Stock Exchange's plan to relaunch futures contracts on India VIX is seen as a step to catch up with developed markets like the US.

1 min  |

August 01, 2025

Financial Express Chandigarh

Adani Enterprises Profit Dips 49% in Q1

ADANI ENTERPRISES, THE flagship company of billionaire Gautam Adani's group, on Thursday reported a 49% decline in the June quarter profit as weak coal demand offset growth in the airport and mining units.

1 min  |

August 01, 2025

Financial Express Chandigarh

IFFCO Names KJ Patel as New MD

IFFCO has appointed KJ Patel as its new managing director (MD), with former chief US Awasthi's term ending on Thursday.

1 min  |

August 01, 2025

Financial Express Chandigarh

2008 Malegaon blast: Strong suspicion but no proof, says court, acquits all 7 accused

OBSERVING THAT THERE was \"strong suspicion\" about the role of the accused in the 2008 Malegaon blast but that cannot be a substitute for legal proof, a special court Thursday acquitted all seven accused, including former BJP MP Pragya Singh Thakur and Lt Col Prasad Purohit, in the case.

1 min  |

August 01, 2025

Financial Express Chandigarh

HUL profit expands 8% in June qtr

Hindustan Unilever (HUL) on Thursday reported an 8% year-on-year rise in standalone net profit to ₹2,732 crore for the quarter ended June 2025, aided by lower tax expenses and volume-led sales growth across key categories.

1 min  |

August 01, 2025

Financial Express Chandigarh

Growth of real estate firms slows, fundamentals strong

Combined value of realty firms gains new grounds

1 min  |

August 01, 2025

Financial Express Chandigarh

India Risks $11-bn Hit if Russia Oil Access Tightens

Potential Impact

2 min  |

August 01, 2025