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Financial Express Chandigarh

AI crash may push premiums of aviation insurance by up to 15%

AVIATION INSURANCE EXPLAINED An airline cannot operate—or even park—an aircraft without a valid insurance. So, how does aviation insurance work for airlines? According to industry experts, it is divided into three parts: hull insurance, war risk cover, and liability insurance

2 min  |

June 14, 2025

Financial Express Chandigarh

NCLT admits insolvency petition against Gensol

Debt Recovery

1 min  |

June 14, 2025

Financial Express Chandigarh

Nearly all India iPhone exports go to US as Apple tackles tariffs

Foxconn ships $3.2-bn devices in March-May

2 min  |

June 14, 2025

Financial Express Chandigarh

Govt Allows Nabard to Raise ₹19,500 Crore Through Bonds

The Government has approved a proposal by the National Bank for Agriculture and Rural Development (Nabard) to raise up to ₹19,500 crore through zero-coupon bonds, also known as deep-discount bonds for taxation purposes.

1 min  |

June 14, 2025

Financial Express Chandigarh

Unaccounted income invested in cryptocurrencies on I-T radar

The Central Board of Direct Taxes (CBDT) is investigating instances of tax evasion and laundering of unaccounted income through cryptocurrency investments by high-risk individuals, income tax department sources stated.

1 min  |

June 14, 2025

Financial Express Chandigarh

Monsoon to progress over eastern, central India in next few days: IMD

AFTER A FORTNIGHT-LONG pause following its early onset, the monsoon is likely to advance into parts of Vidarbha, Chhattisgarh, Gujarat, West Bengal, Jharkhand, Bihar, and Odisha over the next two to three days, the India Meteorological Department (IMD) said on Friday.

1 min  |

June 14, 2025

Financial Express Chandigarh

India, China Look to Resume Direct Flights

As the first batch of 50 pilgrims leaves on Friday for the Kailash Mansarovar Yatra, which has resumed after six years, India and China are looking to restart direct air services, take steps towards visa facilitation and share data on transnational rivers.

1 min  |

June 14, 2025

Financial Express Chandigarh

Trump's 'peacemaker' pledge takes a big hit

On the campaign trail, US President Donald Trump promised to end the world's hottest conflicts and usher in global peace, but nearly five months in, with Israel attacking Iran and bloodshed in Gaza and Ukraine unabated, those hopes are in shambles.

2 min  |

June 14, 2025

Financial Express Chandigarh

Servify Plans IPO Next Year at Up to $2.3-Billion Valuation

SERVIFY, a device lifecycle management platform, is preparing for a $250-300 million IPO by 2026 at a valuation of $1.5-2.3 billion.

1 min  |

June 14, 2025

Financial Express Chandigarh

FM to meet I-T, customs officers on June 23

Meeting focuses on reducing pendency of cases

1 min  |

June 14, 2025

Financial Express Chandigarh

Govt Considers...

The government is mindful that extending such relief to just one operator could raise questions of fairness.

1 min  |

June 14, 2025

Financial Express Chandigarh

RPSG Acquires MensXP Parent for $9 Million

The RP-Sanjiv Goenka Group (RPSG) has acquired India Lifestyle Network (ILN), the parent company of MensXP, for approximately $9 million, marking a steep 85% discount from its last known valuation of $60 million.

1 min  |

June 14, 2025

Financial Express Chandigarh

NTPC Secures $750-Million Loan From BoB, HDFC Bank

NTPC on Friday announced that it has signed a foreign currency loan agreement worth $750 million with the IFSC Banking Units (IBUs) of Bank of Baroda and HDFC Bank, located in GIFT City, Gandhinagar.

1 min  |

June 14, 2025

Financial Express Chandigarh

FMCG players brace for oil shock as West Asia on boil

HOUSEHOLD ITEMS SUCH as toothpaste, detergent bar and shampoo could become dearer if crude oil prices continue to rally the way they have, following an escalation in tensions between Iran and Israel.

2 min  |

June 14, 2025

Financial Express Chandigarh

Govt to curb rare earth exports

• Move aimed at safeguarding domestic supply

2 min  |

June 14, 2025

Financial Express Chandigarh

Moody's Upgrades Yes Bank Ratings, Says Asset Quality Risks Remain

MOODY'S RATINGS HAS upgraded Yes Bank's long-term foreign currency and local currency bank deposit ratings to Ba2 from Ba3.

1 min  |

June 14, 2025

Financial Express Chandigarh

Lone survivors who cheated death in major plane crashes

WITH 241 passengers and crew confirmed dead in the crash of Air India's Boeing 787 Dreamliner right outside Ahmedabad airport, one passenger miraculously survived and literally walked out of the wreckage that killed everybody else on board.

1 min  |

June 14, 2025

Financial Express Chandigarh

Colossal tragedy

Boeing & Air India have their tasks cut out as in aviation, what's paramount is the brand's identity with safety

2 min  |

June 14, 2025

Financial Express Chandigarh

China curbs: Norms for EVs may be eased

INDIA IS AMENABLE to relaxing the 50% localisation it expects from electric vehicle makers and suppliers in return for incentives, after China's curbs on rare earths exports put the goal in doubt, sources said.

1 min  |

June 14, 2025

Financial Express Chandigarh

Luxury cars: Exclusivity, India-style

Mercedes-Benz launched the first-ever India-inspired Mercedes-AMG G 63 Collector's Edition — a bespoke luxury off-roader, limited to just 30 units for the Indian market.

1 min  |

June 14, 2025

Financial Express Chandigarh

Rupee slumps 49 paise to hit two-month low

The escalation in the Israel-Iran conflict took a toll on the rupee on Friday, with the currency falling as much as 59 paise to ₹86.20 against the dollar.

1 min  |

June 14, 2025

Financial Express Chandigarh

Govt considers...

The government is mindful that extending such relief to just one operator could raise questions of fairness.

1 min  |

June 14, 2025

Financial Express Chandigarh

Crypto Bros Are a Risk to Stability, Just Like Trade

CIRCLE INTERNET GROUP Inc.'s blockbuster initial public offering has lent an aura of legitimacy to digital clones of fiat currencies. It has also put regulators and policymakers on notice. With crypto going mainstream, they need to assess the threat it poses to global financial stability.

2 min  |

June 14, 2025

Financial Express Chandigarh

Fx reserves jump $5 bn to $697 bn

FOREX RESERVES INCREASED by $5.17 billion to $696.65 billion for the week ended June 6, the RBI said on Friday.

1 min  |

June 14, 2025

Financial Express Chandigarh

Estate of Late Rakesh Jhunjhunwala exits Nazara

REKHA JHUNJHUNWALA, WIFE and executor of the Estate of Late Rakesh Jhunjhunwala, has offloaded the estate's entire stake in Nazara Technologies through open market sales.

1 min  |

June 14, 2025

Financial Express Chandigarh

Local CA firms seek relief in Big 4 push

NEED FOR CHANGE

1 min  |

June 14, 2025

Financial Express Chandigarh

Cooling without power overload

INDIA IS FACING a summer of extremes. Delhi is sweltering in heat and humidity with temperatures regularly crossing 40°C even as it grapples with occasional thunderstorms.

3 min  |

June 14, 2025

Financial Express Chandigarh

Gold surges to breach ₹1 lakh-mark; hits all-time high

GOLD PRICES SURGED for the third consecutive session on Friday, bouncing ₹2,011 to hit an all-time high of ₹100,403 per 10 grams, as a weakening rupee and escalating tensions in the West Asia drove investors to the safe haven asset.

1 min  |

June 14, 2025

Financial Express Chandigarh

Sensex recovers after initial fall

BENCHMARK INDICES SLUMPED as much as 1.7% on Friday—their steepest decline in two months—as crude oil prices spiked over 13% following Israel's airstrikes on Iran's military and nuclear installations.

1 min  |

June 14, 2025

Financial Express Chandigarh

Switch from MCLR to repo rate loan now

My home loan is linked to MCLR, which I took in 2014. As the repo rate has fallen by 100 basis points since February, is it better to switch to a repo-linked loan?

2 min  |

June 14, 2025

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