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Financial Express Chennai

Olectra lines up ₹700 crore for localisation drive

OLECTRA GREENTECH IS lining up a fresh investment of nearly ₹700 crore as it looks to deepen localisation, expand its electric bus and truck portfolio.

1 min  |

June 03, 2026

Financial Express Chennai

India, US start final round of trade talks

INDIA AND THE US on Tuesday began talks here to finalise an interim trade agreement based on the framework agreed to between the leaders of the two countries in February.

1 min  |

June 03, 2026

Financial Express Chennai

Cement is substrate of every infra system

CEMENT IS THE physical grammar of development and remains indispensable to modern life. It is the foundation of the infrastructure that shelters billions, fortifying our defences against natural disaster and providing a resilient infrastructure for transport, and industry.

3 min  |

June 03, 2026

Financial Express Chennai

Producer Price Index soon, to help predict trends in inflation

TRACKING INFLATION TRENDS may soon become easier and more accurate, with the government set to roll out the Producer Price Index (PPI) from June 15.

1 min  |

June 03, 2026

Financial Express Chennai

Agri min Chouhan reviews progress of monsoon

UNION AGRICULTURE MINISTER Shivraj Singh Chouhan on Tuesday reviewed the progress of southwest monsoon and directed officials to provide timely farm advisories and maintain better coordination with states to tackle the potential impact of El Nino on kharif crops.

1 min  |

June 03, 2026

Financial Express Chennai

PepsiCo launches new energy drink

BEVERAGES MAJOR PEPSICO on Tuesday announced the launch of its premium energy drinks brand ‘Adrenaline Rush’ in the Indian market, strengthening its presence in the category, which has seen strong growth in recent years.

1 min  |

June 03, 2026

Financial Express Chennai

E-commerce majors form industry association

LEADING E-COMMERCE companies have launched an industry-led platform aimed at addressing common challenges and advancing the sustainable growth of the fast-expanding digital commerce ecosystem.

1 min  |

June 03, 2026

Financial Express Chennai

LPG use down 19.2%, petrol up 2.8% in May

LPG CONSUMPTION FELL by a sharp 503 thousand metric tonnes (TMT), or 19.16% year-on-year (y-o-y), to 2.12 million tonnes in May, marking the steepest decline among major petroleum products, even as petrol demand continued to outpace diesel growth, highlighting a widening divergence in India’s fuel consumption pattern amid government demand-management measures and record-high commercial LPG prices, according to the data released by the Petroleum Planning & Analysis Cell (PPAC).

1 min  |

June 03, 2026

Financial Express Chennai

Banking reform panel may get 3-4 months to submit report

THE GOVERNMENT IS set to soon constitute the proposed High-Level Committee on Banking for Viksit Bharat, with the aim of receiving its report within three to four months and initiating a new phase of comprehensive banking sector reforms.

1 min  |

June 03, 2026

Financial Express Chennai

Won't be late to India party unlike China: Unilever CEO

GLOBAL CONSUMER GOODS major Unilever will double down on the India market and will not repeat the mistakes it made in China, CEO Fernando Fernandez said at the Deutsche Bank Global Consumer Conference in Paris on Tuesday.

1 min  |

June 03, 2026

Financial Express Chennai

Trump admin proposes new 25% tariff on Brazil

THE TRUMP ADMINISTRATION has proposed a new punitive tariff of 25% on many imports from Brazil, after deciding its practices were unfair on a range of issues from digital trade to illegal deforestation, top trade official Jamieson Greer has said.

1 min  |

June 03, 2026

Financial Express Chennai

The elephant is stumbling again

STABILISING THE RUPEE WOULD BE IMMENSELY CHALLENGING

4 min  |

June 03, 2026

Financial Express Chennai

Producer Price Index soon

“WE HAVE TO assess whether accurate price trends are being captured by the PPI (to decide about replacing WPI),” an official said.

2 min  |

June 03, 2026

Financial Express Chennai

Can't find a job after graduation? Blame WFH

IT'S EASY TO understand why so many graduates are booing commencement speakers who tell them how great AI is. They face a brutal job market, with unemployment for recent college graduates nearing recession levels, and AI is often cited as the reason they can’t find jobs or have to drastically reassess their career plans.

3 min  |

June 03, 2026

Financial Express Chennai

80% chance of El Nino developing in June-August, warns UN body

THE WORLD METEOROLOGICAL Organization (WMO) on Tuesday stated an 80% likelihood of an El Niño event during June-August 2026 and probabilities for this to continue until at least November are near or above 90%.

1 min  |

June 03, 2026

Financial Express Chennai

Guided low, flew high

GOLD LOANS WERE THE FASTEST-GROWING CREDIT SEGMENT IN FY25. NOBODY RODE THAT WAVE HARDER

2 min  |

June 03, 2026

Financial Express Chennai

No plan to raise milk prices for now: NDDB

THE POSSIBLE IMPACT of weak monsoon on green fodder supplies may not affect milk production, and prices are unlikely to rise above current levels, Meenesh Shah, chairman of the National Dairy Development Board (NDDB), said on Tuesday.

1 min  |

June 03, 2026

Financial Express Chennai

Agilitas raises ₹225 crore from Nexus, Rainmatter

AGILITAS SPORTS, THE sportswear platform founded by former Puma India MD Abhishek Ganguly, has raised ₹225 crore in fresh funding — ₹200 crore from existing investor Nexus Venture Partners and ₹25 crore from Zerodha Co-founder Nithin Kamath’s Rainmatter — taking total capital raised to around ₹850 crore.

1 min  |

June 03, 2026

Financial Express Chennai

Fuel exports drop in May as domestic needs prioritised

ENSURING DOMESTIC SUPPLIES CURBED OVERSEAS FLOWS

1 min  |

June 03, 2026

Financial Express Chennai

Lahori Zeera maker targets ₹2,000-crore sales in 3 years

FIRM CLOSED FY26 WITH TURNOVER OF ₹775 CRORE

2 min  |

June 03, 2026

Financial Express Chennai

The bet that's actually paying off

Last week, the Tata Sons board assessed three high-stakes ventures—Tata Digital, Air India and Tata Electronics. This final instalment turns the spotlight on Tata Electronics

1 min  |

June 03, 2026

Financial Express Chennai

Indices snap 4-day loss as IT firms lead turnaround

SNAPPING THE FOUR-DAY losing streak, the Sensex rebounded by 382 points on Tuesday following a strong rally in IT shares.

1 min  |

June 03, 2026

Financial Express Chennai

Blackstone raises $13.1 billion for its Asia PE fund

ALTERNATIVE ASSET MANAGER Blackstone said on Tuesday it has raised $13.1 billion for its Asia private equity fund, exceeding its initial target and marking its largest such fundraise in the region.

1 min  |

June 03, 2026

Financial Express Chennai

ED raids premises of Vedanta Group in forex violation case

● Extending full cooperation to authorities: Firm

1 min  |

June 03, 2026

Financial Express Chennai

‘New container shipping line to benefit from Concor network’

Logistics and container transport operator Container Corporation of India (CONCOR) recently reported a 3.7% decline in consolidated net profit in FY26, while its revenue growth remained modest at 2.2%.

2 min  |

June 03, 2026

Financial Express Chennai

US cuts duties on agri, construction equipment, marginal gain for India

THE US HAS reduced duties on agriculture and construction equipment to 15% from 25% through a proclamation signed by President Donald Trump.

1 min  |

June 03, 2026

Financial Express Chennai

Rooftop solar units may face higher costs

Domestic framework takes effect

2 min  |

June 03, 2026

Financial Express Chennai

India, US start final round of talks

ON MONDAY, COMMERCE and Industry Minister Piyush Goyal said he was confident that the first tranche of the bilateral trade agreement with the US would be concluded “as soon as possible”.

1 min  |

June 03, 2026

Financial Express Chennai

Will foil BJP's attempts to scare TMC: Mamata

FIRST TMC RALLY SINCE ASSEMBLY POLL DEFEAT

2 min  |

June 03, 2026

Financial Express Chennai

India's testy relationship with the US

Navigating a serious downturn in bilateral ties despite a long-standing strategic partnership and bipartisan consensus for closer relations is challenging for India

3 min  |

June 03, 2026