Try GOLD - Free

Financial Express Lucknow - October 16, 2025

Other Editions:

Mumbai

Ahmedabad

Bengaluru

Chennai

Hyderabad

Kochi

Kolkata

Go Unlimited with Magzter GOLD

Read Financial Express Lucknow along with 10,000+ other magazines & newspapers with just one subscription

View Catalog

1 Month

$14.99

1 Year $149.99

$149.99

$12/month

(OR)

Subscribe only to Financial Express Lucknow

Gift Financial Express Lucknow

Cancel Anytime.

(No Commitments) ⓘ

If you are not happy with the subscription, you can email us at help@magzter.com within 7 days of subscription start date for a full refund. No questions asked - Promise! (Note: Not applicable for single issue purchases)

Digital Subscription

Instant Access ⓘ

Subscribe now to instantly start reading on the Magzter website, iOS, Android, and Amazon apps.

Verified Secure

payment ⓘ

Magzter is a verified Stripe merchant.

In this issue

October 16, 2025

Hyundai unveils ₹45K-cr India growth roadmap

KOREAN CAR MAJOR LINES UP 26 NEW MODELS, HYBRIDS TO LEAD

1 mins

Silver shortage hits Mumbai's Zaveri Bazaar

A SEVERE SHORTAGE of silver in the spot market, along with a premium of ₹30,000 per kg, has forced jewellers in Mumbai's Zaveri Bazaar to stop accepting fresh orders

1 mins

Exports up 6.7% despite US tariff shock

INDIA'S MERCHANDISE EXPORTS grew 6.74% on year to $36.38 billion in September despite a 50% extra tariff on its exports to the US coming into effect in late August.

1 mins

China takes India to WTO over EV sops

CHINA HAS MOVED the World Trade Organization (WTO) against India on the “subsidies” the latter provides for electric vehicles (EVs) and batteries, saying that these incentives give Indian industries an unfair competitive advantage and harm China’s local interests.

1 mins

RBL Bank's USP: No promoter overhang

Regulator's benign approach has also made the mid-size bank takeover-ready

1 mins

Govt scraps missile parts import tax relief amid Adani probe

THE GOVERNMENT HAS reversed a contentious policy of tax-free imports of missile parts thatsitsatthe heart ofaninvestigation faced by Adani Group, according toanotification thatis being reported for the first time.

1 mins

India-EU FTA talks in last leg

THE NEGOTIATIONS BETWEEN India and the European Union on the Free Trade Agreement is in the final stage where the toughest issues will get decided,a senior official said Wednesday.

1 mins

Don’t compromise on quality, Vaishnaw to railway parts makers

RAILWAY MINISTER ASHWINI Vaishnaw on Wednesday asked equipment manufacturers to significantly improve their processes in areas like manufacturing, material selection, quality control, procurement, final assembly.

1 mins

Liberal election promises could jeopardise Bihar’s fiscal health,curb productive spend

SEASON OF FREEBIES

2 mins

Imports of cooking oils rise 51% in September

INDIA'S IMPORTS OF edible oils — palm, soybean and sunflower — rose sharply by over 51% to 1.63 million tonne (MT) in September, largely driven by increase in crude palm oil imports, the Solvent Extractors Association of India (SEA) said on Wednesday.

1 mins

India willing to double its energy purchase from US

COMMERCE SECRETARY TO JOIN INDIAN TEAM IN US TODAY

2 mins

Centre plans meat export fund from October 29

THE GOVERNMENT HAS decided to set up a meat export development fund in collaboration with industry under the commerce ministry's agricultural and processed food products Export development authority (APEDA).

1 mins

Apple seeks change in tax law amid expansion push

APPLE IS LOBBYING the government to modify its income tax law to ensure the company is not taxed for ownership of high-end iPhone machinery it provides to its contract manufacturers, an issue seen as a hurdle to its future expansion, sources say.

1 mins

Luxury gets a new Mumbai address: Galeries Lafayette

FRENCH DEPARTMENT STORE CHAIN PARTNERS WITH ABFRL FOR INDIA DEBUT

1 mins

Thyrocare’s strategy shift drives steady turnaround

THYROCARE TECHNOLOGIES' STEADY revival is beginning to bear fruit, as the strategic course it charted two years ago continues to translate into stronger growth and healthier margins. The diagnostics firm’s July-September quarter performance underlines that shift, powered by operational efficiency, a sharper franchise model,and disciplined cost control, markingaclearturnaround from its post-Covid slump.

1 mins

K Raheja Group unveils hotel brand Athiva

K RAHEJA GROUP-promoted Chalet Hotels on Wednesday announced the launch of Athiva Hotels & Resorts, a premium lifestyle hospitality brand competing against Taj, Marriott and Hyatt properties.

1 mins

TVS enters adventure tourer bike segment

TVS MOTOR COMPANY on Wednesday announced the launch of the Apache RTX, marking its entry into the adventure tourer motorcycle segment — the fastest-growing category in the two-wheeler market.

1 mins

AP offers ₹22,000-cr sops to Google for data centres

KEY INCENTIVE COMPONENTS

2 mins

Waaree Renewable to foray into battery storage, data centres

WAAREE RENEWABLE TECHNOLOGIES (WRTL), the engineering, procurement,and construction (EPC) arm of the Waaree Group, plans to diversify its operations further into data centres and battery energy storage systemsasit looks toexpand its clean energy portfolio, the company’s Chief Financial Officer Manmohan Sharma told FE.

1 mins

GST cuts, festive cheer drive Sept auto sales

PASSENGER VEHICLE DISPATCHES from manufacturers to dealerships rose 4.4% yearon-yearin September, signalling astrong start to the festive quarter forthe auto industry.According to data released by the Society of Indian Automobile Manufacturers (SIAM),a total of 372,458 passenger vehicles were dispatched last month, compared to 356,752 units in September last year.

1 mins

Airtel, IBM tie up for enterprise cloud solutions

BHARTI AIRTELAND IBM have entered into a partnership to strengthen the recently launched Airtel Cloud, combining IBM’s AI and hybrid cloud technologies with Airtel’s data centre infrastructure.

1 mins

Rapido food delivery pilot to be expanded

RAPIDO'S FOOD DELIVERY pilot Ownly is gearing up for a wider launch by the end of November, according to sources familiar with the matter.

1 mins

Gold touches ₹1.32 lakh amid festive demand

RISING FORTHE third straight session, gold prices on Wednesday rallied by ₹1,000 to scale an all-time high of ₹1,31,800 per 10 gram in the national capital on continuous buying by retailers and jewellers amid the ongoing festive season.

1 mins

Paytm simplifies group structure

Firm brings key entities under direct ownership

1 mins

HDB Financial posts profit drop owing to loan losses

NON-BANK LENDER HDB Financial Services posted a near 2% drop in quarterly profit on Wednesday, hurt by rising bad loans and funds kept aside to meet potential losses.

1 mins

RBI sees Re under speculative attack

INTERVENTION TO CONTINUE

1 mins

RBI does not target any specific rupee level: Guv

THE RESERVE BANK of India (RBI) does not target any price level on the rupee, governor Sanjay Malhotra said at an International Monetary Fund (IMF) and World Bank event on Wednesday.

1 mins

Re rises most in 4 mths on RBI intervention

THE RESERVE BANK of India’s aggressive intervention led the rupee to rise on Wednesday, posting its biggest single-day gain since June 24. Rupee rose almost 1% during intra-day to touch the high of 87.99. It closed at 88.07, up 73 paise from the previous close.

1 mins

Sebi chairman pitches for stronger MII governance

SEBI CHAIRMAN TUHIN Kanta Pandey on Wednesday called on public interest directors (PIDs) to ensure that the “public interest” perspective remains central to all key decisions taken by the governing boards of market infrastructure institutions (MIIs).

1 mins

Axis Bank profit declines 26% as provisions spike

AXIS BANK ON Wednesday reported a 26.4% year-on-year (yo-y) fall in its net profit for the quarter ended September to %5,090 crore because of higher provisions.

1 mins

Midwest IPO subscribed 1.84x on Day 1

THE INITIAL PUBLIC offering (IPO) of Midwest was fully subscribed within hours of bidding starting on Wednesday, attracting a total subscription of 1.84 times on the first day.

1 mins

Fossil Group eyes $400 mn IPO for Indian subsidiary

FOSSIL GROUP, THE US-based luxury watchmaker, is considering an initial public offering of its Indian arm, according to people familiar with the matter, as the South Asian market for new listings heats up.

1 mins

HDFC Life profit up 3% to ₹447 cr

HDFC LIFE INSURANCE on Wednesday reported a 3% year-on-year (YoY) rise in its standalone net profit to ₹447 crore for the second quarter of FY26.

1 mins

The great debasement trade is mostly just hype

IT NOW HAS a formal name: \"The great debasement trade.\" It's a catchy term for all manner of investor hairpulling about runaway deficits and the dollar's threatened primacy-and an apparent flight for refuge that means shunning sovereign debt and related currencies, and snapping up precious metals, crypto coins, and other shiny stuff instead.

3 mins

Lessons from Tata-Mistry saga

BOTH SIDES MUST SHOW HOW CORPORATE CONFLICT CAN PRODUCE A STABLE RESOLUTION, NOT LEGAL WARFARE

4 mins

The execution challenge

THE GOOGLE CLOUD 2025 State of AI Infrastructure Report shows 39% of organisations are implementing GenAI in production, while 98% are exploring its use.As customer experiences become a priority, businesses are eager to unlockAI's full potential to accelerate innovation and drive growth.

1 mins

Helping startups move from the lab to the market

IIT KANPUR TRANSFORMS INTO A BREEDING GROUND FOR TECH VENTURES

2 mins

Exports up 6.7% in Sept

“THIS INDICATES THAT our industryhas been resilient. They have been able to expand trade with the US by maintaining their supply chains, maintaining their business relations.

1 mins

BlackRock, Nvidia-backed group strike $40-bn AI data centre deal

BlackRock and Nvidia to buy Aligned Data Centres from Macquarie for $40 billion Deal underscores soaring demand for AI infrastructure

2 mins

China takes India to WTO

“WE URGE INDIA to abide by its relevant WTO commitments and immediately correct its erroneous practices,” it said.

1 mins

Trump mulls ending some China trade ties

US PRESIDENT DONALD Trump said he was considering terminating some trade ties with China, singling out cooking oileven though traders and analysts said such shipments have already spent the past year plummeting.

1 mins

Hyundai unveils ₹45K-cr India push

“INDIA IS MORE IMPORTANT to us than China,” he added, stressing that Hyundai aims to make India a hub not only for domestic consumption but also for exports and advanced manufacturing.

2 mins

Pak, Afghanistan agree to truce post clashes

PAKISTAN AND AFGHANISTAN agreed to a temporary ceasefire on Wednesday after an air strike and ground fighting ramped up tensions between the South Asian neighbours, leaving more than a dozen civilians dead and 100 wounded.

1 mins

Passport Index: Singapore regains top spot, India at 85

ASIA REMAINS AT the forefront of global mobility, with Singapore reclaiming its position as the world's most powerful passport in the 2025 Henley Passport Index.

1 mins

Ahmedabad to host 2030 CWG

City faced competition from Nigerian capital

1 mins

Size no bar, festive fervour strong for precious coins

EMOTIONALAPPEAL FOR precious metals in the festive season remains high among Indian shoppers, as jewellers, refiners and online marketplaces witness strong surge in demand for gold and silver coins.

2 mins