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Financial Express Lucknow

Tariff spoils India's Russian oil math

A US DECISION to double tariffs on Indian goods as punishment for ongoing purchases of Russian crude leaves the world's third-largest oil consumer in a tight spot and its refiners in disarray, but the move is unlikely to prompt a radical rethink in New Delhi.

1 min  |

August 08, 2025

Financial Express Lucknow

IAMAI flags data protection hurdles for AI companies

SEEKING RELIEF

1 min  |

August 08, 2025

Financial Express Lucknow

Coal India Allows Sale of Surplus Power

In a major policy shift, state-run Coal India (CIL) has cleared the decks for un-requisitioned surplus (URS) power generated by the thermal power plants that use CIL's linkage coal under long and medium-term fuel supply agreements (FSAs), to be sold in power markets and exchanges with effect from August 1.

1 min  |

August 08, 2025

Financial Express Lucknow

Russia, India Talk Up Strategic Partnership

RUSSIA AND INDIA stressed their commitment to a \"strategic partnership\" in bilateral security talks in Moscow on Thursday, a day after US President Donald Trump announced higher tariffs on imports from India because of its purchases of Russian oil.

1 min  |

August 08, 2025

Financial Express Lucknow

Rupee Holds Firm in Face of Trump Tariff Threats

THE RUPEE CONSOLIDATED in a narrow range and settled higher by 3 paise at 87.69 (provisional) against the US dollar on Thursday, after US President Donald Trump slapped an additional 25% duty — doubling it to 50% — on Indian goods, denting the market sentiment.

1 min  |

August 08, 2025

Financial Express Lucknow

LIC net profit rises 5%

LIFE INSURANCE CORPORATION of India (LIC) on Thursday reported a 5% year-on-year rise in its standalone net profit to ₹10,986.51 crore for the June quarter, even as the growth in first-year and single premiums remained muted.

1 min  |

August 08, 2025

Financial Express Lucknow

Tariffs Go Into Effect Amid Economic Pain

President Donald Trump began imposing higher import taxes on dozens of countries Thursday just as the economic fallout of his monthslong tariff threats has begun to cause visible damage to the U.S. economy.

3 min  |

August 08, 2025

Financial Express Lucknow

RBI Proposes to Penalise Banks for Delaying Claims

The Reserve Bank of India's draft circular released late on Wednesday proposes to significantly ease the claim settlement process following death of an account holder.

1 min  |

August 08, 2025

Financial Express Lucknow

AU SFB first in a decade to get universal bank licence

AU SMALL FINANCE Bank has received in-principle approval from the Reserve Bank of India (RBI) to transition into a universal bank — the first one in over a decade.

1 min  |

August 08, 2025

Financial Express Lucknow

IIM Bangalore holds alumni meet after 6 years

THE IIM BANGALORE Alumni Association (IIMBAA) returned with its annual alumni meet, IIMBue 2025, on August 2-3, at The Leela Bhartiya City, Bengaluru, after a six-year hiatus.

1 min  |

August 08, 2025

Financial Express Lucknow

'Snapchat ads thrive on real-time relevance'

With over 250 million monthly active users in India — 90% of them Gen Z — Snapchat is doubling down on attention-led advertising.

2 min  |

August 08, 2025

Financial Express Lucknow

May be lost

Prices Do Not Spiral Upwards

2 min  |

August 08, 2025

Financial Express Lucknow

Extra tariff on India discriminatory, say analysts

Oil Turmoil

2 min  |

August 08, 2025

Financial Express Lucknow

Textiles may take $5-bn hit as new US orders dry up

A 50% ADDITIONAL tariff on exports to the US market may cause a $5-billion hit to India's textile and apparel exports on an annual basis, industry sources said.

2 min  |

August 08, 2025

Financial Express Lucknow

Airtel parent group lines up ₹9,310-cr share sale

INDIAN CONTINENT INVESTMENT, part of the founder group of Bharti Airtel, is looking to trim its stake in the country's second-largest wireless operator for the second time this year.

1 min  |

August 08, 2025

Financial Express Lucknow

US stands to lose, not us: Indian drugmakers

Bitter Pill

1 min  |

August 08, 2025

Financial Express Lucknow

SC Begins Hearing BPSL Case Afresh

The Supreme Court on Thursday commenced hearing afresh a batch of pleas related to its May 2 judgment ordering liquidation of BPSL while setting aside JSW Steel's resolution plan.

1 min  |

August 08, 2025

Financial Express Lucknow

The revenge of the original girlbosses

The Great Girlboss implosion that came to a peak in 2020 created a whole category of start-up founders who seemed destined to be banished from the business world forever.

3 min  |

August 07, 2025

Financial Express Lucknow

Shriram Life betting on pension, annuity products

SHRIRAM LIFE INSURANCE, which focuses on low and middle-income households, is betting on annuity and pension products, with India's elderly population being projected to rise from 150 million to 350 million by 2050.

1 min  |

August 07, 2025

Financial Express Lucknow

OpenAI Eyes $500 Billion in Share Deal

ChatGPT maker OpenAI is in early-stage discussions about a stock sale that would allow employees to cash out and could value the company at about $500 billion, a source familiar with the matter said.

1 min  |

August 07, 2025

Financial Express Lucknow

India-US agriculture trade set to touch a new high

EVEN AS AGRICULTURE has emerged as a key sticking point in the trade talks between India and the United States, here's an interesting fact: Trade in farm produce between the two countries is actually booming and poised to touch a new record this year.

2 min  |

August 07, 2025

Financial Express Lucknow

Govt eyes foreign mine deals

THIS SUPPORTS ONLY 1,200 tonne/year of magnet production, which is far short of the projected demand.

1 min  |

August 07, 2025

Financial Express Lucknow

India reacts: Actions unfair, unjustified & unreasonable

INDIA ON WEDNESDAY described US President Donald Trump levying 25% additional tariff on Indian goods as \"unfair, unjustified and unreasonable\".

1 min  |

August 07, 2025

Financial Express Lucknow

Claim settlement process set to become simpler

THE RESERVE BANK of India will simplify and standardise the paperwork required to settle claims on deposit accounts of deceased customers, governor Sanjay Malhotra said on Wednesday.

1 min  |

August 07, 2025

Financial Express Lucknow

PM may visit China after 7 yrs

THE PRIME MINISTER'S visit, which sources said is still being planned, will be his first to China in seven years — the last visit was in 2018.

1 min  |

August 07, 2025

Financial Express Lucknow

Time to review pause

After Trump's latest blow, the MPC has only 21 days to assess the tariff impact, and plan its future moves

2 min  |

August 07, 2025

Financial Express Lucknow

PFC registers 25% rise in Q1 profit

STATE-RUN POWER FINANCE Corporation on Wednesday registered a rise of 25% in its consolidated net profit for the first quarter of the financial year 2025-26 at ₹8,981.45 crore from ₹7,182.06 crore in Q1FY25.

1 min  |

August 07, 2025

Financial Express Lucknow

Bind OTT apps with mobile SIMs: COAI

COAI ON WEDNESDAY demanded that all OTT communication apps be mandated to bind with verified mobile SIMs at all times, as the telecom industry body emphasised that doing so would help prevent cyber fraud and strengthen national security.

1 min  |

August 07, 2025

Financial Express Lucknow

Day after Uttarkashi flash floods, over 60 still missing

Two bodies found, 150 rescued so far

2 min  |

August 07, 2025

Financial Express Lucknow

Rate-sensitive stocks drag indices, bank shares flat

UNDER PRESSURE

1 min  |

August 07, 2025