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Financial Express Delhi

India seeks trade parity with Russia

NEED TO BRING MORE DIVERSITY IN TRADE BASKET, REDUCE BARRIERS: GOYAL

2 min  |

December 05, 2025

Financial Express Delhi

RBI proposes weekly updates on credit data

THE RESERVE BANK of India (RBI) on Thursday said that credit institutions (CIs) or credit information companies (CICs) should update their reports on a weekly basis for the efficient functioning of the credit information reporting system in the country.

1 min  |

December 05, 2025

Financial Express Delhi

Slips toward 92 mark soon

UNCERTAINTY OVER the timing of the US-India trade deal is fuelling rupee volatility and it could push the currency to as low as 92/$, the head of treasury at HDFC Bank said. “The current account deficit is up, there are outflows from local equities so in the genuine supply side there is an issue which is coming in,” said Arup Rakshit, group head of treasury at HDFC Bank. —REUTERS

1 min  |

December 05, 2025

Financial Express Delhi

BAT to offload ITC Hotels stake

BRITISH AMERICAN TOBACCO (BAT) will pare its shareholding in ITC Hotels, the company said on Thursday, adding that it was looking to offload 7-15.3% of its stake via block deals.

1 min  |

December 05, 2025

Financial Express Delhi

H-1B visa row: US admin orders enhanced vetting for applicants

THE TRUMP ADMINISTRATION on Thursday announced increased vetting of applicants for H-1B visas for highly skilled workers, with an internal State Department memo saying that anyone involved in “censorship” of free speech be considered for rejection.

1 min  |

December 05, 2025

Financial Express Delhi

Help correct global trade imbalances: Macron to Xi

FRENCH PREZ TRYING TO REDUCE MASSIVE TRADE DEFICIT WITH CHINA

1 min  |

December 05, 2025

Financial Express Delhi

Rupee's slide may lure back foreign investors

ANALYSTS SEE CURRENCY’S DEEP UNDERVALUATION COULD REVIVE FOREIGN PORTFOLIO INFLOWS INTO EQUITIES

2 min  |

December 05, 2025

Financial Express Delhi

Ujjivan aims for ₹4,000-crore gold loan book

UJJIVAN SMALL FINANCE Bank, which has a strong microfinance base, is targeting aten-fold expansion of its gold loan portfolio to ₹4,000 crore over the next 2-3 years.

1 min  |

December 05, 2025

Financial Express Delhi

Tax evasion by some hurts copper firms

A SECTION OF recyclers and primary copper producers, contributing around 75% ofthe 1.6 million tonne (MT) domestic production last fiscal, is bearing the brunt of “price distortion” caused by another section.

2 min  |

December 05, 2025

Financial Express Delhi

Suzlon plans to set up AI-enabled factories

SUZLON ENERGY PLANS to build three Al-enabled smart factories as it looks to speed execution of its 6.2 gigawatt order book and streamline logistics, group Chief Executive Officer JP Chalasani said.

1 min  |

December 05, 2025

Financial Express Delhi

S&P raises RIL rating to ‘A-’ from ‘BBB+’

S&P GLOBAL RATINGS on Thursday raised its long-term issuer credit rating on Reliance Industries to ‘A-’ from ‘BBB+’, also upgrading the company’s senior unsecured debt to the same level.

1 min  |

December 05, 2025

Financial Express Delhi

New barrier-free toll collection system within a year: Gadkari

UNION MINISTER NITIN Gadkari on Thursday said the current system of toll collection will come to an end within a year, replaced by an electronic system that will ensure a seamless experience for motorists on highways.

1 min  |

December 05, 2025

Financial Express Delhi

Trump may back out of USMCA deal

US PRESIDENT DONALD Trump could decide next year to withdraw from the United States-Mexico-Canada trade agreement (USMCA), Politico reported on Thursday, citing US Trade Representative Jamieson Greer.

1 min  |

December 05, 2025

Financial Express Delhi

Cayman Islands seeking pacts with Sebi, IFSCA on info sharing

THE CAYMAN ISLANDS Monetary Authority (CIMA) on Thursday announced that it is exploring a series of proposed memoranda of understanding (MoUs) with the Securities and Exchange Board of India (Sebi) and the International Financial Services Centres Authority (IFSCA), the regulator for GIFT City.

2 min  |

December 05, 2025

Financial Express Delhi

Retail stress to drive next wave of NPA sales: Crisil

ASSET RECONSTRUCTION COMPANIES (ARCs) are entering a critical transition phase as the supply of large corporate bad loans dwindles and retail stress becomes the dominant driver of the distressed-assets pipeline, according to Crisil Ratings.

1 min  |

December 05, 2025

Financial Express Delhi

Film, ad industries to get deepfake label rules relief

FINAL GUIDELINES TO BE NOTIFIED SHORTLY

2 min  |

December 05, 2025

Financial Express Delhi

InMobi founders buy back SoftBank’s $250 mn stake

ADTECH-TO-CONSUMER-TECH firm InMobi is buying back a majority of early investor SoftBank’s stake after the company and its founders raised $350 million in debt, according to people familiarwith the matter.

1 min  |

December 05, 2025

Financial Express Delhi

Re at new low of 90.42; RBI move halts fall

THE RUPEE HIT a fresh record low of 90.42 during intra-day trade on Thursday but retraced to 89.98 at the closing due to likely intervention from the Reserve Bank of India (RBI), reports Christina Titus.

1 min  |

December 05, 2025

Financial Express Delhi

US team likely in India next week for negotiations

A US TEAM of negotiators is likely to visit India next week as both sides push to finalise a framework agreement that will see significant reduction in additional tariffs imposed on Indian imports by the Donald Trump administration.

1 min  |

December 05, 2025

Financial Express Delhi

Indices recover after 4-day fall

SNAPPING THE FOUR-day losing run, benchmark stock indices Sensex and Nifty rebounded on Thursday on buying in tech and IT shares.

1 min  |

December 05, 2025

Financial Express Delhi

Pilot bodies flag gaps in airline’s planning

Pilot groups have alleged that IndiGo’s failure to adequately prepare for the roll out of new flight duty and rest norms for cockpit crew

1 min  |

December 05, 2025

Financial Express Delhi

Sberbank charts major India expansion plan

RUSSIA'S MAJORITY STATE-OWNED Sberbank is preparing a major expansion in India and plans to seek regulatory approval within three years to convert its existing branches into a wholly owned subsidiary, CEO Herman Gref said.

1 min  |

December 05, 2025

Financial Express Delhi

Nifty may hit 29,000 next year: BofA Securities

Benchmark to offer 11.4% upside in CY26

1 min  |

December 05, 2025

Financial Express Delhi

The new ad world order

WITH THE OMNICOM-IPG DEAL MARKING AN END TO MARQUEE CREATIVE BRANDS, INDIA'S ADVERTISING INDUSTRY IS GRAPPLING WITH NEW UNCERTAINTIES

3 min  |

December 05, 2025

Financial Express Delhi

Fitch raises growth forecast to 7.4%

FITCH RATINGS HAS raised India’s GDP growth forecast for FY26 to 7.4% from 6.9% estimated earlier, citing stronger-than-expected economic momentum and robust domestic demand.

1 min  |

December 05, 2025

Financial Express Delhi

Former Bangladesh PM Zia to be taken to London

A MEDICAL BOARD looking after critically ill former Bangladesh prime minister Khaleda Zia on Thursday decided to send her to London for advanced treatment, her personal physician AZM Zahid Hossain said.

1 min  |

December 05, 2025

Financial Express Delhi

Power demand cools, spot prices down 9%

LOW OFFTAKE

1 min  |

December 05, 2025

Financial Express Delhi

Crisis at IndiGo deepens

We could not live up to the promise, says CEO Pieter Elbers

1 min  |

December 05, 2025

Financial Express Delhi

Currency sinks to 90.42, trims fall after RBI steps in

THE RUPEE HIT another fresh record low at 90.42 during the intra-day on Thursday.

1 min  |

December 05, 2025

Financial Express Delhi

EU hits Meta with probe over WhatsApp’s AI tools

META PLATFORMS WAS subject to another EU antitrust investigation on Thursday over its rollout of artificial intelligence features in its WhatsApp messenger that would block rivals, as Big Tech’s use of generative AI comes under increasing scrutiny.

1 min  |

December 05, 2025