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Financial Express Lucknow

SoftBank Posts First Profit in Four Years

JAPAN'S SOFTBANK GROUP reported its first annual profit in four years on Tuesday, likely bringing relief to investors scarred by high-profile failures as it embarks on another series of mammoth tech investments.

1 min  |

May 14, 2025

Financial Express Lucknow

Trump Order Fine Print Makes Pharma Firms Breathe Easy

The domestic pharma industry, which was fearing a severe impact of US President Donald Trump's drug pricing proposal, is breathing easy.

1 min  |

May 14, 2025

Financial Express Lucknow

Inflation cools to 69-month low of 3.16%

THE SUSTAINED DISINFLATION trend augurs well for the economy, amid still-sluggish urban consumption. Easing of the concerns about global tariff war after the US-China temporary deal to cut tariffs from the punitive levels, and the benefits to taxpayers from income tax cuts announced in the Budget, are expected to positively impact short-term economic growth.

2 min  |

May 14, 2025

Financial Express Lucknow

Hero Misses Estimates, Profit Up 6% at ₹1,081 Cr

HERO MOTOCORP on Tuesday reported a modest 6% rise in its standalone net profit at ₹1,081 crore for the January-March quarter.

1 min  |

May 14, 2025

Financial Express Lucknow

US Inflation Softer in April, Tariff Impacts Still Loom

US INFLATION ROSE by less than forecast in April amid tame prices for clothing and new cars, suggesting little urgency so far by companies to pass along the cost of higher tariffs to consumers.

1 min  |

May 14, 2025

Financial Express Lucknow

Trump and beyond

The escalation between India and Pakistan quickly veered towards a full-blown conflict last week; the United States’ intervention came as a bolt from the blue, especially as it followed Vice President JD Vance’s statement that the India-Pakistan conflict is “none of our business”.

3 min  |

May 14, 2025

Financial Express Lucknow

'Adtech firms today are expected to take ownership of outcomes'

InMobi, a provider of marketing and monetization technologies, has been vocal about the necessity of AI adoption, saying it is a winner-takes-most market and early players will have a disproportionate advantage.

3 min  |

May 14, 2025

Financial Express Lucknow

Food inflation falls to 41-month low

RETAIL FOOD INFLATION eased for six consecutive months to 1.78% in April compared to 2.69% in March, as prices of vegetables, pulses, meat, fish and spices declined with the arrival of winter harvest.

1 min  |

May 14, 2025

Financial Express Lucknow

Profit booking halts bull charge

\"MARKETS TOOK a breather after a phenomenal start to the week, ending the session with a loss of over one per cent.

1 min  |

May 14, 2025

Financial Express Lucknow

Trump's drug pricing order boosts case for generics

US President Donald Trump's recent executive order to reduce prescription drug prices aims to address the significant price disparity of innovator drugs between the US and other developed markets like Europe and Australia.

2 min  |

May 14, 2025

Financial Express Lucknow

Share of West Asia in L&T's international order inflows declines

THE SHARE OF West Asia in international orders of engineering and construction major L&T has come down to 60% in FY25 from 70% in FY24 as it bagged orders in other locations in Central Asia.

1 min  |

May 14, 2025

Financial Express Lucknow

US Cuts 'De Minimis' Tariff on Small China Parcels to 54%

THE US WILL cut the \"de minimis\" tariff for low-value items imported from China, a White House executive order said on Monday, further de-escalating a potentially damaging trade war between the world's two largest economies.

1 min  |

May 14, 2025

Financial Express Lucknow

Tata Motors Exceeds Profit Estimates on JLR Boost

TATA MOTORS on Tuesday reported better-than-expected profit in the March quarter, buoyed by a surge in margins at Jaguar Land Rover (JLR).

1 min  |

May 14, 2025

Financial Express Lucknow

Kokuyo eyes threefold growth in India with new acquisition

JAPAN'S KOKUYO, WHICH bought office furniture maker HNI India last month from NYSE-listed HNI Corporation, is looking at an over threefold growth in the country in five years in the category.

1 min  |

May 14, 2025

Financial Express Lucknow

Now, Amazon Prime Video in India to show ads, unless you pay extra

• Move expands Amazon's existing hybrid model

1 min  |

May 14, 2025

Financial Express Lucknow

Agri credit seen rising 9% in FY26 to ₹31.5 lakh cr

CREDIT TO THE agriculture sector by commercial banks and regional rural banks is likely to cross ₹31.5 lakh crore, a new record, in FY26 due to an increased formalisation of the rural credit structure, a senior official with National Bank for Agriculture and Rural Development (Nabard) said.

1 min  |

May 14, 2025

Financial Express Lucknow

Google's 'G' gets a new look

SAHIL CHOPRA, FOUNDER & CEO of iCubesWire, says it all boils down to brand resonance.

1 min  |

May 14, 2025

Financial Express Lucknow

Airtel beats the Street on one-time tax gain

Net profit down 25% q-o-q at ₹11,022 cr; Apru flat at ₹245

2 min  |

May 14, 2025

Financial Express Lucknow

Inflation cools to 69-month low of 3.16%

THE SUSTAINED DISINFLATION trend augurs well for the economy, amid still-sluggish urban consumption. Easing of the concerns about global tariff war after the US-China temporary deal to cut tariffs from the punitive levels, and the benefits to taxpayers from income tax cuts announced in the Budget, are expected to positively impact short-term economic growth.

2 min  |

May 14, 2025

Financial Express Lucknow

Happiest Minds sees robust growth in FY26

HAPPIESTMINDS TECHNOLOGIES expects to deliver double-digit growth in FY26 and maintain its operating margin in the range of 20-22%, buoyed by strong momentum in key verticals such as banking, financial service, and insurance (BFSI) and healthcare, and continued traction in generative AI opportunities, MD & CFO Venkatraman Narayanan told FE.

1 min  |

May 14, 2025

Financial Express Lucknow

Life Insurers Log 8.4% Rise in April New Biz Premiums

LIFE INSURANCE COMPANIES reported ₹21,965.73 crore in new business premiums (NBP) in April, registering an 8.43% year-on-year growth over the year-ago period.

1 min  |

May 14, 2025

Financial Express Lucknow

Will break even by next fiscal

Zuno General Insurance, backed by Edelweiss Group, closed FY25 with a gross premium of around ₹1,000 crore.

2 min  |

May 14, 2025

Financial Express Lucknow

Is Ignoring GenAI An Option In This Epoch?

Greater than the dominant concern of GenAI devouring jobs is the matter of not knowing how to use such tools. This seriously limits opportunities and career growth

3 min  |

May 14, 2025

Financial Express Lucknow

Renesas to manufacture smallest chip at Noida unit

JAPANESE FIRM RENESAS will work on designing three nanometer chips, the world's smallest semiconductor, at its new Noida facility, Union minister Ashwini Vaishnaw said on Tuesday.

1 min  |

May 14, 2025

Financial Express Lucknow

Sebi Mulls Easing Norms for FPIs Buying Only Govt Bonds

The Securities & Exchange Board of India (Sebi) on Tuesday proposed to ease rules for foreign portfolio investors (FPIs) that exclusively invest in government bonds (\"IGBs\") under the voluntary retention route (VRR) and fully accessible route (FAR).

1 min  |

May 14, 2025

Financial Express Lucknow

Scotiabank Targets Canada's Rich South Asians in ICICI Pact

BANK OF NOVA Scotia wants to tap into the population of affluent Canadians with ties to South Asia through a wealth-management referral partnership with ICICI Bank.

2 min  |

May 14, 2025

Financial Express Lucknow

In race against Apple, Samsung launches slimmest phone

SAMSUNG ELECTRONICS MADE public on Tuesday its slimmest flagship model to date, complete with enhanced artificial intelligence features, as it seeks to get ahead of rival Apple on the premium market.

1 min  |

May 14, 2025

Financial Express Lucknow

Setting the agenda

Modi has sent a strong message on Pakistan's habitual recourse to nuclear brinksmanship

2 min  |

May 14, 2025

Financial Express Lucknow

GAIL Net Profit Rises 1.3% in Q4 on Better Volume Growth

Expects boost in petrochemical capacity in FY26

2 min  |

May 14, 2025

Financial Express Lucknow

Jaishankar's security to be enhanced

Security for foreign secy to be also reviewed

1 min  |

May 14, 2025