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Financial Express Chandigarh

IOB's profit surges 76% on other income boost

INDIAN OVERSEAS BANK'S (IOB) net profit rose 76% year-on-year to ₹1,111 crore in the April-June quarter due to a fall in provisions and growth in other income.

1 min  |

July 19, 2025

Financial Express Chandigarh

Boost governance: RBI Dy Governor to Urban Co-op Banks

URBAN COOPERATIVE BANKS (UCBs) must prioritise governance, risk management and secure technology adoption while maintaining depositor trust, Reserve Bank of India (RBI) deputy governor Swaminathan J said on Friday.

1 min  |

July 19, 2025

Financial Express Chandigarh

China Accuses Foreign Agents of Stealing Rare Earths

CHINA'S SPY AGENCY has accused overseas intelligence agencies of stealing controlled rare earth materials, reiterating its intent to curb smuggling even as Beijing agrees to review applications to export the vital industrial resource after trade talks with the U.S.

1 min  |

July 19, 2025

Financial Express Chandigarh

JSW-BPSL saga: Let it be or let it go

Beyond legal infirmities, Supreme Court's recent order raises systemic concerns. The finality and predictability of resolution process will be severely undermined

3 min  |

July 19, 2025

Financial Express Chandigarh

Sanctions on Rosneft's India refinery

NAYARA operates a 400,000-barrel-per-day refinery and owns nearly 7,000 fuel outlets across India.

2 min  |

July 19, 2025

Financial Express Chandigarh

Customer experience key to SBI's growth: Setty

CUSTOMER EXPERIENCE CONTINUES to be the cornerstone of SBI's growth strategy, chairman CS Setty said, as the bank was recognised as the 'World's Best Consumer Bank' for 2025.

1 min  |

July 19, 2025

Financial Express Chandigarh

Russian Oil Roil

India can easily meet its needs from alternative sources, but the import bill will be a hefty one

2 min  |

July 19, 2025

Financial Express Chandigarh

Pakistan FM in US to finalize trade deal

PAKISTAN'S FINANCE MINISTER Muhammad Aurangzeb is in the US to negotiate Washington's demands as part of trade talks ahead of an August deadline, sources said.

1 min  |

July 19, 2025

Financial Express Chandigarh

NCLAT Stays Insolvency Proceedings Against RInfra

RELIANCE INFRASTRUCTURE on Friday said the National Company Law Appellate Tribunal (NCLAT) has stayed the insolvency proceedings against the company following a repayment of ₹92.68 crore towards tariff as per an energy purchase agreement.

1 min  |

July 19, 2025

Financial Express Chandigarh

Viceroy flags Vedanta chip unit's dealings

Firm rejects allegations as 'baseless'

1 min  |

July 19, 2025

Financial Express Chandigarh

RBI Drains ₹2L-cr Liquidity

The seven-day variable rate reversal repo (VRRR) auction on Friday received a good response with a subscription of ₹2.08 lakh crore.

2 min  |

July 19, 2025

Financial Express Chandigarh

Reliance Retail profit up 28%, revenue rises 11%

RELIANCE RETAIL, THE retail arm of Reliance Industries (RIL), on Friday posted a 28.3% year-on-year rise in consolidated net profit to ₹3,271 crore for the quarter ended June 30.

1 min  |

July 19, 2025

Financial Express Chandigarh

Reliance arm buys Kelvinator

THE ACQUISITION BRINGS to a close a six-year partnership between Electrolux and Reliance Retail, which began with a brand licensing agreement in 2019.

1 min  |

July 19, 2025

Financial Express Chandigarh

You get tax benefit on top-up home loan

Apart from the home loan, I had taken a top-up loan last year. Will I get a tax deduction on it?

2 min  |

July 19, 2025

Financial Express Chandigarh

Bandhan Bank posts 65% drop in profit at ₹372 cr

BANDHAN BANK'S NET profit slumped 65% on-year to ₹372 crore for the quarter ended June due to a rise in provisions.

1 min  |

July 19, 2025

Financial Express Chandigarh

Govt needs more data access, says top statistician

A SENIOR INDIAN statistician is urging greater data-sharing with the federal government, including access to mobile payments and official records, to improve the accuracy and reliability of key economic indicators.

1 min  |

July 19, 2025

Financial Express Chandigarh

Nvidia Boss Emerges as Emissary for US-China Relation

Balancing Act

2 min  |

July 19, 2025

Financial Express Chandigarh

EU, UK Hit Russia With New Sanctions

Crimping Kremlin's Revenue Crude higher with support from diesel Brent futures (US $ a barrel)

2 min  |

July 19, 2025

Financial Express Chandigarh

Model Y versus India's electric elite

WHO WILL WIN THE CHARGE?

2 min  |

July 19, 2025

Financial Express Chandigarh

Jio PAT rises 1.25% in Q1

RELIANCE INDUSTRIES SUBSIDIARY Jio Platforms (JPL) on Friday posted a 1.25% rise in its net profit during the June quarter on the back of sequential rise in average revenue per user (Arpu) and uptick in data consumption.

2 min  |

July 19, 2025

Financial Express Chandigarh

PM: ₹15K for first-time Pvt sector staffers in Bihar

SOUNDING THE START of the NDA's Bihar Assembly election campaign, Prime Minister Narendra Modi Friday said the ruling alliance would build a \"new Bihar\" and protect the state from the \"evil intentions\" of the Rashtriya Janata Dal (RJD)-Congress Mahagathbandhan (grand alliance), which he accused of engaging in \"revenge politics\".

1 min  |

July 19, 2025

Financial Express Chandigarh

A first: Crypto's overall m-cap crosses $4 trn

THE TOTAL MARKET value of cryptoassets surged past $4 trillion for the first time, driven by a rally in altcoins and momentum from a sweeping US legislative push to regulate the sector.

1 min  |

July 19, 2025

Financial Express Chandigarh

South Indian Bank targets double-digit FY26 growth

SOUTH INDIAN BANK is poised for double-digit growth this financial year, with plans to expand asset books north of 12% and deposit growth to match, managing director and CEO PR Seshadri said.

1 min  |

July 19, 2025

Financial Express Chandigarh

The Hidden Human Cost of India's Auto Boom

Crushed by the Machine

3 min  |

July 19, 2025

Financial Express Chandigarh

Puri Hints at Fuel Price Cut if Crude Is Stable

OIL MINISTER HARDEEP Singh Puri said on Thursday that the prices of petrol and diesel could be cut in the coming months if crude prices remained at current levels.

1 min  |

July 18, 2025

Financial Express Chandigarh

Sebi aims to deepen cash equities market

Ananth Narayan hints at increase in derivatives contracts tenure

2 min  |

July 18, 2025

Financial Express Chandigarh

Zepto duo top youngpreneurs

Kaivalya Vohra, 22, and Aadit Palicha, co-founders of Zepto, have topped the 2025 Avendus Wealth Hurun India Under-30 list, released on Thursday.

1 min  |

July 18, 2025

Financial Express Chandigarh

Headcount dips in Q1 as attrition surges

IT MAJOR WIPRO's headcount declined by 114 employees sequentially in the April-June quarter (Q1FY26) to 233,232 even as utilization inched up to 85% (Q4FY25: 84.6%) amid a subdued demand environment and persistent macroeconomic headwinds.

1 min  |

July 18, 2025

Financial Express Chandigarh

SBI Gets 4x Bids for Country's Largest QIP

Allotment likely to be completed in next 2-3 days

1 min  |

July 18, 2025

Financial Express Chandigarh

Big Tech 'acquihiring' Is an Ugly but Useful Trend

IF YOU'RE A venture capitalist, you dream of backing the next billion-dollar start-up to one day feast on the returns of a sale.

3 min  |

July 18, 2025