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Financial Express Lucknow

Pak commits to truce but vows full response to aggression

PAKISTAN ON TUESDAY said that it remains committed to the truce with India, agreed after four days of intense fighting last week, but vowed to respond to any future aggression by New Delhi with full resolve.

1 min  |

May 14, 2025

Financial Express Lucknow

Trump Residences Gurugram sells out on launch day

TRUMP RESIDENCES GURUGRAM was completely sold out on launch day, generating sales of ₹3,250 crore, developers Smartworld and Tribeca Developers said on Tuesday.

1 min  |

May 14, 2025

Financial Express Lucknow

Track trouble

WHY FREE STREAMING DOESN'T MEAN FREE USAGE

2 min  |

May 14, 2025

Financial Express Lucknow

Tesla's refresh to Model Y off to rocky start

TESLA INVESTORS HAD pinned their hopes on a refresh of the company's flagship compact SUV to reinvigorate sales. But rock-bottom financing deals for the Model Y and its easy availability suggest that this expectation is unrealistic.

1 min  |

May 14, 2025

Financial Express Lucknow

Retaliatory Tariffs May Cast Shadow on Trade Pact Talks With US, Says GTRI

INDIA'S PROPOSAL TO impose retaliatory import duty on certain US products in response to American tariffs on steel and aluminum could cast a shadow over ongoing negotiations for a trade agreement between the two countries, think tank GTRI said on Tuesday.

1 min  |

May 14, 2025

Financial Express Lucknow

Govt to review profitability of PSBs, bad loan recovery

Finance Minister Nirmala Sitharaman will likely meet the chiefs of public sector banks (PSBs) on Thursday to assess their performance in 2024-25 in various parameters, including profitability, bad loans recovery, deposit mobilisation, digital payments, cyber security and implementation of government schemes, sources told FE.

1 min  |

May 14, 2025

Financial Express Lucknow

Customs mutual recognition pacts with 10 more countries

INDIA HAS SIGNED mutual recognition agreements (MRAs) with customs authorities of nine countries and is looking at inking such pacts with 10 more nations by December this year, a government official said on Tuesday.

1 min  |

May 14, 2025

Financial Express Lucknow

Bond prices gain on ceasefire, fall in retail inflation

GOVERNMENT BOND PRICES rose on Tuesday, following a ceasefire with Pakistan and a favourable inflation data that bolstered rate cut bets.

1 min  |

May 14, 2025

Financial Express Lucknow

Tata Electronics rebrands Pegatron India, reshuffles top leadership

TATA ELECTRONICS HAS rebranded Pegatron Technology India and reshuffled its top management as it strengthens its position as a major supplier of Apple iPhones and components, emerging as a key competitor to Taiwanese giant Foxconn.

1 min  |

May 14, 2025

Financial Express Lucknow

China Lifts Ban on Boeing Deliveries

CHINA HAS REMOVED a month-long ban on airlines taking delivery of Boeing planes, according to people familiar with the matter, following a breakthrough in trade talks with the US that temporarily slashed tariffs on each side.

1 min  |

May 14, 2025

Financial Express Lucknow

Tata Steel's capex to remain flat in FY26

Steel major spent ₹15,671 cr in FY25

1 min  |

May 14, 2025

Financial Express Lucknow

Microsoft to Lay Off 3% of Workforce

MICROSOFT IS LAYING off 3% of its workforce, or roughly 7,000 employees, CNBC reported on Tuesday, as the technology giant looks to rein in costs while funneling billions of dollars into its ambitious bet on artificial intelligence.

1 min  |

May 14, 2025

Financial Express Lucknow

Saudis to invest $1 trn: Trump

President Donald Trump said Saudi Arabia would commit to investing $1 trillion in the US, promoting a flurry of dealmaking at the start of his four-day Middle East visit.

2 min  |

May 14, 2025

Financial Express Lucknow

Ant Group offloads 4% stake in Paytm

ANT GROUP, PART of Chinese global conglomerate Alibaba Group, sold 4% stake in digital payments firm Paytm's parent One97 Communications through block deals on Tuesday.

2 min  |

May 14, 2025

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