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Financial Express Pune
Union Bank sees 10% fall in profit
PUBLIC SECTOR LENDER Union Bank of India reported a 10% year-on-year (YoY) decline in net profit to ₹4,249 crore for the second quarter of FY26, compared to ₹4,719.7 crore in the corresponding quarter last year.
1 min |
October 31, 2025
Financial Express Pune
Bank credit grows 11.45%, show RBI data
LOANS EXTENDED BY banks grew 11.45%year-on-year (YoY) as on October 17, continuing to outpace the growth in deposits, the Reserve Bank of India data released on Thursday showed.
1 min |
October 31, 2025
Financial Express Pune
RBI rejects SBI Cap plan to raise stake in Investec unit
THE RESERVE BANK of India has turned down a proposal by State Bank of India (SBI) to increase its stake in an institutional equities joint venture with a local unit of Investec, sources said.
1 min |
October 31, 2025
Financial Express Pune
L&T targets sixfold rise in data centre business
HE FURTHERADDED that data centres are a capital-intensive business, and getting clients to use the data centre for storing servers and keeping data in is not very remunerative.
1 min |
October 31, 2025
Financial Express Pune
OpenAI may target $1-trn IPO valuation
OPENAI IS LAYING the groundwork for an initial public offering that could value the company at up to $1 trillion, three people familiar with the matter said, in what could be one of the biggest IPOs of all time.
1 min |
October 31, 2025
Financial Express Pune
5,000 FPOs must have turnover above ₹1 cr by FY26: Chouhan
AGRICULTURE MINISTER SHIVRAJ Singh Chouhan on Thursday called for increasing annual sales turnover of at least 5,000 farmers producer organisations (FPOs) to above ₹1 crore each by FY26 for achieving economy of sale and financial sustainability.
1 min |
October 31, 2025
Financial Express Pune
Tighter cost control & higher exports drive Hyundai net up
Profit rises 14% to ₹1,572 cr in Q2, revenue grows 1%
1 min |
October 31, 2025
Financial Express Pune
RDIF as engine of knowledge economy
THIS YEAR'S ECONOMICS Nobel Prize awarded to Philippe Aghion, Peter Howitt, and Joel Mokyr underscores the principle that sustained productivity gains stem not from capital deepening alone but from frontier innovation, the systematic generation and diffusion of new technologies that displace obsolete ones through creative destruction.
3 min |
October 31, 2025
Financial Express Pune
Bigger, bolder, brighter
OUTDOOR AD SPENDING, BUOYED BY NEW-AGE FORMATS AND INNOVATIVE DISPLAYS, SURGED NEARLY 20% THIS FESTIVE SEASON
3 min |
October 31, 2025
Financial Express Pune
OIL Swabalamban: Empowering Youths, Shaping Futures
\"When a nation invests in the skills of its youth, it invests in the strength of its own future.\" Guided by this belief, Oil India Limited (OIL) has, for decades, invested deeply in the development of communities across its operational areas. Among its flagship Corporate Social Responsibility (CSR) initiatives, one project stands out as a shining example of sustained impact and human transformation- Project 'OIL Swabalamban'.
6 min |
October 31, 2025
Financial Express Pune
Trump cuts China tariffs by 10% after deal with Xi
Pause on rare earth curbs; Beijing to buy 12 mn tonne soybean
1 min |
October 31, 2025
Financial Express Pune
BYD profit slumps again
BYD REPORTED ANOTHER slump in quarterly profit as intensifying domestic competition and growing industry scrutiny pile pressure on the Chinese carmaker’s sales outlook.
1 min |
October 31, 2025
Financial Express Pune
Lodha Developers Q2 profit up to ₹789.8 cr
REALTY FIRM LODHA Developers Ltd on Thursday reported an 87% increase in its consolidated net profit to ₹789.8 crore for the second quarter of FY26 on higher income.
1 min |
October 31, 2025
Financial Express Pune
DLF Q2 profit down 15% to ~1,180crore
REALTY MAJOR DLF on Thursday reported 15% decline in consolidated net profit at 1,180.09 crore for the second quarter of this fiscal year, while sales bookings jumped over six-times to 4,332 core on strong demand for its newly launched project in Mumbai.
1 min |
October 31, 2025
Financial Express Pune
China's AI push has scale. But substance?
WHEN IT COMES to the sheer number of generative artificial intelligence users in China, the question shouldn’t be how many there are, but how they’re using it.Anew report from the China Internet Network Information Center indicates the nation had some 515 million users as of June, up by 266 million since December, according toa readout from Xinhua.Ata first glance, the figure suggests that Beijing’s push to spread the technology throughout industries to boost productivity — the so-called Al Plusinitiative — is bearing fruit.
2 min |
October 31, 2025
Financial Express Pune
US ends automatic work permit extension
VISA OVERHAUL ■ The rule takes effect immediately, requiring full re-screening for renewals ■ It follows Trump administration's $100,000 H-1B visa fee hike
1 min |
October 31, 2025
Financial Express Pune
Groww promoter stake valued at over ₹16,315 cr
BILLIONBRAINS GARAGE VENTURES, the owner of India’s largest brokerage platform Groww, is planning to raise %6,630 crore through an initial public offering (IPO).
2 min |
October 31, 2025
Financial Express Pune
Canara Bank profit climbs 19%
REPORT CARD
1 min |
October 31, 2025
Financial Express Pune
Lenskart anchor book gets 20 times response
THE ANCHOR BOOK of Lenskart Solutions has received bids worth %68,000 crore, nearly 10 times the issue size and 20 times the anchor book size, according to sources.
1 min |
October 31, 2025
Financial Express Pune
CAG urges states to build Odisha-like budget buffers
'STABLISATION FUND WILL COME IN HANDY IN HARD TIMES'
2 min |
October 31, 2025
Financial Express Pune
Meta seeks $25 bn from bond sale
META PLATFORMS AIMS to sell at least $25 billion of investment-grade bonds on Thursday, a day after Chief Executive Officer Mark Zuckerberg warned the company would spend even more aggressively on artificial intelligence in the coming year.
1 min |
October 31, 2025
Financial Express Pune
Engineering exports to US down 9.4% in September
Shipments of steel, iron robust
1 min |
October 31, 2025
Financial Express Pune
Indices close lower as Fed rules out December cut
THE BENCHMARK INDICES fell up to 0.70% on Thursday, weighed down by the US Federal Reserve’s comments ruling out a rate cut in its next policy announcement in December, amid mixed global cues.
1 min |
October 31, 2025
Financial Express Pune
Surya Kant named Chief Justice of India
JUSTICE SURYA KANT was on Thursday appointed as the 53rd Chief Justice of India and he will assume charge on November 24. The Department of Justice in the Union Law Ministry issued a notification announcing his appointment.
1 min |
October 31, 2025
Financial Express Pune
Adani Power Q2 profit falls 12% to ₹2,906 cr
ADANI POWER ON Thursday posted a 12% decline in consolidated net profit to 2,906 crore in the September quarter, driven by a rise in expenses.
1 min |
October 31, 2025
Financial Express Pune
FPIs flash renewed India comeback signal
BLOOMBERG DATASHOW that in January this year, the open interest of short contracts hit 445,114—the highest since September 2015.
1 min |
October 31, 2025
Financial Express Pune
Dabur profit rises 6.5% to ₹453 cr in Sept quarter
CONSUMER GOODS MAJOR Dabur on Thursday posted a 6.5% year-on-year increase in its consolidated net profit of %453 crore for the September quarter.
1 min |
October 31, 2025
Financial Express Pune
US grants 6-month waiver to India on Chabahar port
After one-month relief, US grants India six-month Chabahar waiver. Fresh exemption to come into effect from October 29
1 min |
October 31, 2025
Financial Express Pune
Fed split hardens following Powell’s December warning
FEDERAL RESERVE CHAIR Jerome Powell’s blunt warning that investors need to rein in expectations for a December interest-rate cut underscored a growing tug-of-war among US policymakers who are opposed in their outlooks for jobs and inflation.
1 min |
October 31, 2025
Financial Express Pune
L&T targets 6x rise in data centre biz
ENGINEERING AND CONSTRUCTION giant Larsen & Toubro (L&T) plans to expand its data centre capacity sixfold to 200 MW from 32 MW as it bets big on India’s growing digital infrastructure demand.
1 min |