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Financial Express Lucknow

CreditAccess Grameen raises $100 million via syndicated loan facility

THE COUNTRY'S LARGEST non-banking finance company-micro finance institution (NBFC-MFI) CreditAccess Grameen, has secured a $100 million multi-currency syndicated social loan facility, qualifying as an external commercial borrowing (ECB), under the automatic route of the Reserve Bank of India.

1 min  |

June 11, 2025

Financial Express Lucknow

Smart spending

Expense systems have lost the plot

2 min  |

June 11, 2025

Financial Express Lucknow

Ex-pupil attacks school in Austria, kills 10

A FORMER PUPIL killed 10 people and then himself at a secondary school in the southern Austrian city of Graz on Tuesday in the worst school shooting in the country's modern history.

2 min  |

June 11, 2025

Financial Express Lucknow

Rapido pitches online equals offline price for food delivery

Targets Price-Sensitive Users With Launch Of Ownly

2 min  |

June 11, 2025

Financial Express Lucknow

Fuselages for Rafales

Manufacturing for global OEMs will help strengthen the local ecosystem

2 min  |

June 11, 2025

Financial Express Lucknow

Congress tells Karnataka govt to recount castes

THE CONGRESS HIGH command directed the party's government in Karnataka Tuesday to conduct a recount of castes, two months after the findings of a report on a 10-year-old survey created a rift in the party and drew criticism from the politically dominant Vokkaliga and Lingayat communities and some non-Kuruba backward classes.

1 min  |

June 11, 2025

Financial Express Lucknow

SIP Inflows in May Hit Fresh Record of ₹26,688 Crore

FLOWS INTO SYSTEMATIC investment plans (SIPs) hit an all-time high of ₹26,688.22 crore in May with 85.6 million contributing accounts, data from the Association of Mutual Funds in India (Amfi) showed on Tuesday.

1 min  |

June 11, 2025

Financial Express Lucknow

Liquor Prices to Surge in Maha

The Maharashtra Cabinet on Tuesday approved revenue-boosting changes in the excise department, including a hike in duty on liquor and the creation of new offices and posts.

1 min  |

June 11, 2025

Financial Express Lucknow

Corporate bond funds lure most inflows in 26 months

Inflows into corporate bond funds in May were the highest in the past 26 months.

1 min  |

June 11, 2025

Financial Express Lucknow

Food brand backed by Sindhu aims ₹100-cr sales

PV SINDHU BACKED biofortified food brand Better Nutrition is aiming to cross ₹100 crore in revenue in 2026-27, from ₹11.5 crore in FY25, with a focus on quick commerce and tier 2 cities.

1 min  |

June 11, 2025

Financial Express Lucknow

HDFC Bank & ICICI Bank Cut FD Rates by 25 bps in Select Tenures

HDFC Bank and ICICI Bank on Tuesday slashed their fixed deposit (FD) rates by 25 basis points (bps) for select tenures.

1 min  |

June 11, 2025

Financial Express Lucknow

BigBasket's quick food delivery across India by March next year

Competition Heats Up

1 min  |

June 11, 2025

Financial Express Lucknow

World Bank Lowers 2025 Growth Projection to 2.3%

President Donald Trump's trade wars are expected to slash economic growth this year in the US and around the world, the World Bank forecast Tuesday.

2 min  |

June 11, 2025

Financial Express Lucknow

Blackstone Plans $500 Billion Europe Investment, CEO Says

BLACKSTONE IS PLANNING to invest as much as $500 billion in Europe over the next 10 years, underlining the continent's growing appeal to investors during a period of geopolitical flux.

1 min  |

June 11, 2025

Financial Express Lucknow

Apple unveils software redesign amid reeling from AI missteps

AFTER STUMBLING OUT of the starting gate in Big Tech’s pivotal race to capitalize on artificial intelligence, Apple tried to regain its footing on Tuesday during an annual developers conference that focused mostly on incremental advances and cosmetic changes in its technology.

2 min  |

June 11, 2025

Financial Express Lucknow

In a First, OpenAI Turns to Google for Cloud Power

OPENAI plans to add Alphabet's Google cloud service to meet its growing needs for computing capacity, three sources told Reuters, marking a surprising collaboration between two prominent competitors in the artificial intelligence sector.

2 min  |

June 11, 2025

Financial Express Lucknow

Monsoon set to revive from mid-June

The southwest monsoon is likely to be in the 'active' phase again with heavy to very heavy rainfall over southern peninsular India, Konkan and Goa during June 12-16, India Meteorological Department (IMD) said on Tuesday.

1 min  |

June 11, 2025

Financial Express Lucknow

Musk Is The $350 Billion Rocket Man Who Fell To Earth

THE POPCORN EMOJI is out in force as the world's richest person feuds with its most powerful leader.

3 min  |

June 11, 2025

Financial Express Lucknow

Yield rises for third session

GOVERNMENT BONDS ENDED lower for a third consecutive session on Tuesday, as weak demand for state debt at an auction weighed on the overall market sentiment, negating gains made earlier in the day due to value purchases.

1 min  |

June 11, 2025

Financial Express Lucknow

QSRs facing margin squeeze: BNP Paribas

THE QUICK SERVICE Restaurants (QSRs) are facing pressure on margins due to factors like inflation, while the food delivery firms have seen improvement in their margins, according to a report.

1 min  |

June 11, 2025

Financial Express Lucknow

Visa providers see 7% growth despite US, UK, Canada curbs

DESPITE GROWING UNCERTAINTY over visa policies in major countries like the US, UK, and Canada, visa and consular service providers expect over 7% annual growth in fresh visa issuances through 2029.

1 min  |

June 11, 2025

Financial Express Lucknow

Look who dropped the ball

Although the IPL saw over 100 advertisers, only a handful of campaigns impressed

2 min  |

June 11, 2025

Financial Express Lucknow

Midcaps overvalued, seeing opportunities in smallcaps

The extent of overvaluation is significantly higher in mid-caps compared to large- and small-caps, according to Rahul Singh, CIO – equities, Tata Asset Management Company.

2 min  |

June 11, 2025

Financial Express Lucknow

₹5,400-cr funding support for battery storage systems

The Ministry of Power on Tuesday approved ₹5,400 crore in viability gap funding (VGF) to develop 30 gigawatt hour (GWh) of battery energy storage system.

1 min  |

June 11, 2025

Financial Express Lucknow

Doctors End Protest Against Goa Minister After CM Intervenes

DOCTORS AT THE Goa Medical College and Hospital (GMCH) withdrew their agitation against state Health Minister Vishwajit Rane following intervention by chief minister Pramod Sawant on Tuesday, officials said.

1 min  |

June 11, 2025

Financial Express Lucknow

Asian Energy targets to double sales of newly acquired Kuiper

ASIAN ENERGY SERVICES, an oil and gas services company, is aiming to double the business of its newly acquired Kuiper Group within the next three years.

1 min  |

June 11, 2025

Financial Express Lucknow

Reliance Infra arm in strategic pact with German firm Diehl

Defence Pact

1 min  |

June 11, 2025

Financial Express Lucknow

Reimagining Robert Lucas

The Reserve Bank of India's (RBI) monetary policy announcement did take the market by storm.

3 min  |

June 10, 2025

Financial Express Lucknow

Eternal Starts Long-Distance Charge for Restaurants on Food Orders

Eternal, the parent company of food delivery platform Zomato, has introduced a new fee for restaurant partners on long-distance orders, as it looks to improve profitability as well as pay more to the delivery partners.

1 min  |

June 10, 2025

Financial Express Lucknow

Tur Prices Cool on Record Purchase by Govt, Imports

Despite government agencies buying a record volume of tur, a premium pulses variety, under the price support scheme (PSS) of the agriculture ministry in the 2024-25 season, its mandi prices continue to rule significantly below the minimum support price (MSP).

1 min  |

June 10, 2025