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Financial Express Lucknow

Workers Can Now Generate EPFO UAN Through Face Authentication

EMPLOYEES SUBSCRIBING TO social security schemes of the retirement fund body EPFO can now generate universal provident fund account number (UAN) and related services through face authentication, Union Labour Minister Mansukh Mandaviya said on Tuesday.

1 min  |

April 09, 2025

Financial Express Lucknow

Govt Notifies Regional Rural Banking Norm

THE CENTRE HAS notified the one-state-one Regional Rural Bank (RRB) with the consolidation of 15 RRBs across eleven states by May 1 to achieve better operational efficiency and cost rationalisation.

1 min  |

April 09, 2025

Financial Express Lucknow

The MSD Dilemma

CSK is in a cleft between brand Dhoni and what's next

3 min  |

April 09, 2025

Financial Express Lucknow

Apple's historic selloff has bulls balking off

Tariff Woes

2 min  |

April 09, 2025

Financial Express Lucknow

Makeover at Sebi

The new chairman's initiative for optimum regulation within a fixed time frame makes ample sense

2 min  |

April 09, 2025

Financial Express Lucknow

Exporters Demand Restart of Interest Subvention Scheme

WITH ADDITIONAL DUTIES under US President Donald Trump's reciprocal tariff plan coming into force in the next two days, exporters will ask the government to bring back the interest subsidy scheme that expired on December 31, 2024.

1 min  |

April 09, 2025

Financial Express Lucknow

Banks May See Rise in Gross NPAs in FY26, Says Icra

BANKS ARE EXPECTED to see a rise in gross non-performing assets (NPAs) in the current financial year, driven by an increase in delinquencies in unsecured personal loans and a moderation in credit growth, Icra analysts said in a webinar on Tuesday.

1 min  |

April 09, 2025

Financial Express Lucknow

Mumbai happy with Bumrah's form after return from injury

MUMBAI INDIANS PACE bowler Jasprit Bumrah looks in solid shape after a three-month layoff due to a back injury sustained during India's tour of Australia this year and the 31-year-old will get better with more game time, coach Mahela Jayawardene said.

1 min  |

April 09, 2025

Financial Express Lucknow

Sowing of oilseeds gets summer boost

STICKY IMPORTS (in million tonne)

1 min  |

April 09, 2025

Financial Express Lucknow

CloudExtel bets big on fibre with ₹1K cr plan

MACQUARIE CAPITAL-BACKED DIGITAL infrastructure company CloudExtel plans to invest ₹1,000 crore over the next two years to expand its fibre network across India, a senior executive told FE.

1 min  |

April 09, 2025

Financial Express Lucknow

'Very bad to us': Trump rejects EU's nil-for-nil tariff proposal

US PRESIDENT DONALD TRUMP has rejected a European Union proposal to drop tariffs on all bilateral trade in industrial goods with the US, meaning that his 20% tariff on all EU imports is due to come into force on Wednesday.

1 min  |

April 09, 2025

Financial Express Lucknow

RBI's liquidity bazooka raises rate reduction expectations

RESERVE BANK OF India's (RBI) massive liquidity infusion has fuelled expectations of a repo rate cut on Wednesday.

2 min  |

April 09, 2025

Financial Express Lucknow

ITC to benefit as govt eases FDI norms for 'prohibited' sectors

THE GOVERNMENT HAS allowed domestic companies that are operating in areas where foreign direct investment (FDI) is prohibited to issue bonus shares to its existing foreign shareholders with the condition that it does lead to an increase in their stake in the company.

1 min  |

April 09, 2025

Financial Express Lucknow

NTPC Explores Building Small Nuclear Reactors

NTPC is exploring the possibility of building small modular reactors to replace its older thermal power plants, according to a tender document, the first such proposal since the country moved to open its much-guarded nuclear sector.

1 min  |

April 09, 2025

Financial Express Lucknow

BPCL-Sembcorp JV to boost green hydrogen projects

STATE-OWNED BHARAT Petroleum Corporation Limited (BPCL) and Sembcorp have entered into a joint venture agreement to explore renewable energy and green hydrogen projects across the country.

1 min  |

April 09, 2025

Financial Express Lucknow

Policy Challenge in Capital Markets

Modernising regulations, providing clarifications on circulars, and strengthening cybersecurity practices are essential to foster economic growth

3 min  |

April 09, 2025

Financial Express Lucknow

Mumbai pips Delhi as most forgetful city on Uber rides

MUMBAI HAS OVERTAKEN Delhi as the most forgetful city when it comes to leaving behind personal items in Uber cabs, a report released by the ride-hailing company showed.

1 min  |

April 09, 2025

Financial Express Lucknow

Delhi's peak electricity demand hits 5,029 MW

THE PEAK POWER demand in the national capital hit its highest for the summer season so far, touching 5,029 megawatt (5.03 gigawatt) on Tuesday, as per data from the State Load Dispatch Center.

1 min  |

April 09, 2025

Financial Express Lucknow

Air India to upgrade fleet to win back disgruntled flyers

AIR INDIA LONG languished under government ownership while cash-rich Middle Eastern rivals siphoned off travellers. Now, the airline is trying to even the score with cheaper fares, fresh cabins and lounges as well as shorter layover times.

2 min  |

April 08, 2025

Financial Express Lucknow

Indian exports likely to see 6.4% hit from Trump tariffs

Nearly $6 Billion Hit

1 min  |

April 08, 2025

Financial Express Lucknow

Trump Tariffs a Windfall for Dairy Firms, Says GCMMF's Jayen Mehta

The reciprocal tariffs imposed by the US on Indian dairy imports last week may boost market access for major dairy players in neighboring countries, Jayen Mehta, MD, Gujarat Co-operative Milk Marketing Federation (GCMMF), the maker of the Amul brand of products, said in a conversation with FE.

2 min  |

April 08, 2025

Financial Express Lucknow

Overhaul of pharma logistics value chain on the cards

EVEN AS THE pharmaceutical sector is still grappling with the uncertainty around the imposition of tariffs by the US, the department of pharmaceuticals (DoP) is planning to conduct a study to overhaul the logistics value chain of the pharma and medical devices sector.

1 min  |

April 08, 2025

Financial Express Lucknow

Niti: Urgent need to reimagine our R&D strategy

CHINA'S ANNUAL SPENDING on research and development (R&D), at roughly $496 billion, \"dwarfs\" India's sub-$100 billion spend in 2024, with India's approach remaining diffused and yielding fewer commercial outcomes, a new discussion paper by Niti Aayog said.

1 min  |

April 08, 2025

Financial Express Lucknow

Adani Power merges subsidiary with itself

ADANI POWER (APL) has merged its subsidiary Adani Power Jharkhand (APJL) with itself.

1 min  |

April 08, 2025

Financial Express Lucknow

Centre Likely to Set Mudra Loans Target for FY26 at ₹5-6L cr

THE CENTRE MAY set a target between ₹5-6 lakh crore in 2025-26 for loans under the Pradhan Mantri Mudra Yojana (PMMY) compared with ₹5 lakh crore in 2024-25.

1 min  |

April 08, 2025

Financial Express Lucknow

Brokerages advise caution

THE EQUITY INDICES on Monday succumbed to global fears of a trade slowdown following Trump's tariff announcement, with the benchmarks falling around 3% and the volatility index spiking the most since August 2015.

2 min  |

April 08, 2025

Financial Express Lucknow

Mudra Yojana: A pillar of empowerment

The Pradhan Mantri MUDRA Yojana (PMMY) is a game-changer for India's MSME sector, which is a vital engine of economic growth.

2 min  |

April 08, 2025

Financial Express Lucknow

Muted Growth for NBFCs Seen in Q4

NBFC-MFIs are set to witness a 15% y-o-y decline in AUM

2 min  |

April 08, 2025

Financial Express Lucknow

CNG drives past diesel in clean sweep

For the first time in FY25, CNG car sales surpass diesel

2 min  |

April 08, 2025

Financial Express Lucknow

Wall Street titans blast tariffs as markets crash

BILL ACKMAN SAID the US is \"heading for a self-induced, economic nuclear winter.\" Boaz Weinstein predicted the \"avalanche has really just started.\" And Jamie Dimon warned it \"may be disastrous in the long run.\"

1 min  |

April 08, 2025