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Financial Express Chandigarh

Advance tax growth...

The overall direct tax collections fell 1.5% on year to ₹4.56 lakh crore as of June 16, 2025 while corporate tax receipts declined 5.1% on year to ₹1.72 lakh crore.

1 min  |

June 18, 2025

Financial Express Chandigarh

UGRO Capital to buy Profectus for ₹1,400 crore

NON-BANKING FINANCE company (NBFC) UGRO Capital Tuesday said it will acquire 100% stake in Profectus Capital for ₹1,400 crore in an all-cash deal, according to a statement.

1 min  |

June 18, 2025

Financial Express Chandigarh

Construction of Highways to Decline by 7-10% in FY26

SLOWER PROJECT AWARDING and challenges in project execution are expected to drag down the pace of highway construction in the current financial year by 7-10% on-year to 9,500-10,200 km, according to a report.

1 min  |

June 18, 2025

Financial Express Chandigarh

WhatsApp Opens Advertising Play, But Won't Show It To All

IT IS FINALLY happening. WhatsApp is finally opening up for advertising, though limited to the Status tab.

1 min  |

June 17, 2025

Financial Express Chandigarh

RBI Seeks Views on Aligning Call Money Rate With Repo

The Reserve Bank of India has sought feedback from large market participants on aligning the overnight interbank call money rate more closely with the policy repo rate, five treasury officials aware of the discussions told Reuters on Monday.

1 min  |

June 17, 2025

Financial Express Chandigarh

Building bridges is the greatest legacy of humanity

\"LOOK AGAIN AT that dot. That's here. That's home. That's us. On it, everyone you love, everyone you know, everyone you ever heard of... every hunter and forager, every hero and coward, every creator and destroyer of civilization...every saint and sinner in the history of our species lived there—on a mote of dust suspended in a sunbeam.\"

4 min  |

June 17, 2025

Financial Express Chandigarh

Meesho gets NCLT nod for reverse flipping

BENGALURU-BASED E-COMMERCE firm Meesho has received approval of the National Company Law Tribunal (NCLT) to demerge from the US parent — a step that would allow it to shift its headquarters back to India from Delaware in the US.

1 min  |

June 17, 2025

Financial Express Chandigarh

PV sales dip marginally in May; 2Ws see a rise

DOMESTIC PASSENGER VEHICLE sales saw a marginal decline of 0.8% in May, with total wholesales at 344,656 units compared to 347,492 units in the same month last year, according to data released by the Society of Indian Automobile Manufacturers (Siam) on Monday.

1 min  |

June 17, 2025

Financial Express Chandigarh

Two India-bound Boeing Dreamliners hit snags

Turbulent Times

2 min  |

June 17, 2025

Financial Express Chandigarh

Competitive flux to stay: Asian Paints

ASIAN PAINTS MD & CEO Amit Syngle has said that the growing competition in the sector is intensifying pricing pressure and putting further strain on profitability across segments.

2 min  |

June 17, 2025

Financial Express Chandigarh

Meta Investors Cheer as CEO Doubles Down on AI

META PLATFORMS KEEPS writing bigger checks in pursuit of its AI strategy, and traders keep cheering it on, encouraged that the expensive bets will keep paying off.

1 min  |

June 17, 2025

Financial Express Chandigarh

Mercedes to go for another price hike

MERCEDES-BENZ INDIA is considering a 1-1.5% price hike across all segments in the coming months to offset continued cost pressures stemming from the weakening rupee against the euro.

1 min  |

June 17, 2025

Financial Express Chandigarh

Unemployment Rate Climbs to 5.6% in May

Female joblessness higher at 5.8%

1 min  |

June 17, 2025

Financial Express Chandigarh

Draft Norms on Re Interest Rate Derivatives Issued

The Reserve Bank of India on Monday released draft directions for rupee interest rate derivatives, relaxing reporting requirements to reduce the compliance burden.

1 min  |

June 17, 2025

Financial Express Chandigarh

Early phase of BTA with US likely before July 9

India is hopeful of concluding the early tranche of the Bilateral Trade Agreement (BTA) with the US before the reciprocal tariffs announced by US President Donald Trump are fully implemented from July 9.

1 min  |

June 17, 2025

Financial Express Chandigarh

It's back to square one for payments gateway firms

Viability Issue

2 min  |

June 17, 2025

Financial Express Chandigarh

G7 summit kicks off in Canada

WHEN US PRESIDENT Donald Trump last came to Canada for a Group of Seven summit, the enduring image was of him seated with his arms folded defiantly as then-German Chancellor Angela Merkel stared daggers at him.

1 min  |

June 17, 2025

Financial Express Chandigarh

Choksi accuses India of orchestrating his 'kidnap'

A diamond tycoon wanted in a $1.5 billion fraud case told a UK court he was kidnapped by Indian agents in 2021 and tortured to extract a confession that he colluded with political opponents to defraud local banks.

1 min  |

June 17, 2025

Financial Express Chandigarh

The Super Bowl of Creativity

The Metals So Far

2 min  |

June 17, 2025

Financial Express Chandigarh

Israel-Iran war: Govt to meet stakeholders this week

Taking Stock

2 min  |

June 17, 2025

Financial Express Chandigarh

Reviewing global oil supplies, have enough fuel: Puri

INDIA IS REVIEWING the global oil supply situation and the emerging tensions between Israel and Iran on a daily basis, Union minister of petroleum and natural gas Hardeep Singh Puri said on Monday, adding that there is no concern on oil supplies and the country has sufficient domestic stocks.

2 min  |

June 17, 2025

Financial Express Chandigarh

Trump family in phone service licensing deal

DONALD TRUMP'S FAMILY business licensed its name to launch a U.S. mobile service and a $499 smartphone on Monday, calling it Trump Mobile, in the latest deal brokered by the president's children to capitalize on his last name while he is in office.

1 min  |

June 17, 2025

Financial Express Chandigarh

May exports back in negative zone...

\"THIS (LOWER TRADE deficit in May) is expected to limit the widening in the current account deficit (CAD) print for April-June to around $13 billion (1.3% of GDP). If crude oil prices average around $75 per barrel over the remainder of this fiscal, we foresee the CAD at 1.2-1.3% of GDP for FY26,\" said Icra chief economist Aditi Nayar.

1 min  |

June 17, 2025

Financial Express Chandigarh

Bike taxis go off roads in Karnataka as ban kicks in

BIKE TAXI SERVICES operated by app-based aggregators came to a standstill in Karnataka after the high court's directive to suspend operations took effect on Monday.

1 min  |

June 17, 2025

Financial Express Chandigarh

Prithvi Exchange to foray into new global education markets

EXPANDING REACH Indian students in big four foreign markets in 2024

1 min  |

June 17, 2025

Financial Express Chandigarh

Mediate for ceasefire: Iran to Gulf states

IRANIAN MISSILES STRUCK major Israeli cities on Monday while Israel's prime minister said his country was on its way to eliminating \"threats\" from nuclear and missile facilities in Iran and civilian casualties mounted on both sides.

1 min  |

June 17, 2025

Financial Express Chandigarh

Macrotech Developers Rebranded Lodha Developers

ABHISHEK LODHA-LED Macrotech Developers has got approval from the Registrar of Companies (RoC) to change the company name to Lodha Developers, two months after settling a trademark dispute with his younger brother-owned firm, House of Abhinandan Lodha.

1 min  |

June 17, 2025

Financial Express Chandigarh

RBI approves extension of ICICI Bank ED Sandeep Batra's term

The Reserve Bank on Monday approved the extension of the term of Sandeep Batra as executive director (ED) of ICICI Bank for two years.

1 min  |

June 17, 2025

Financial Express Chandigarh

Good tidings for Bharat

Much depends on the revival of the southwest monsoon

2 min  |

June 17, 2025

Financial Express Chandigarh

Nissan may reduce stake in Renault

GUCCI OWNER KERING said it was hiring Renault boss Luca de Meo as its new CEO, confirming reports that sent its shares soaring and those of Renault to multi-year lows earlier on Monday.

1 min  |

June 17, 2025