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Financial Express Kolkata

Indices close flat after choppy trade

THE BENCHMARK INDICES ended nearly flat on Tuesday aftera volatile session, marked by sharp intraday swings and mixed global cues.

1 min  |

October 29, 2025

Financial Express Kolkata

In a first, HAL ties up with Russian firm to make civilian planes

INDIA AND RUSSIA have firmed up a collaboration to produce a twin-engine narrow-body civilian aircraft for short-haul flights in line with growing strategic ties between the two countries.

1 min  |

October 29, 2025

Financial Express Kolkata

Scientists run climate ‘time machine’ as Brazil prepares for COP30 summit

DEEP IN BRAZIL'S Amazon, scientists have built a “time machine” pumping carbon dioxide into the rainforest canopy to simulate atmospheric conditions predicted for the future to gauge how the biome adapts — an open question to be discussed at the COP30 United Nations climate summit hosted by the country next month.

1 min  |

October 29, 2025

Financial Express Kolkata

Amazon India to lay off 800-1,000 amid global restructuring

To be carried out in three phases over the next three days

2 min  |

October 29, 2025

Financial Express Kolkata

China, ASEAN, hit by US tariffs, sign upgraded free trade pact

CHINAANDTHEASEAN bloc of Southeast Asian nations signed an upgrade to their free trade agreement on Tuesday, with leaders hailing the deal which spans the digital and green economy, and other new industries.

1 min  |

October 29, 2025

Financial Express Kolkata

Non-urea subsidy increased 55% for rabi season

TO INSULATE FARMERS against the rise in global prices of soil nutrients, the Cabinet on Tuesday approved a subsidy of ₹37,952 crore for phosphatic and potassic(P&K) fertilisers for the 2025-26 rabi season (October-March) under the nutrient-based subsidy (NBS) mechanism.

1 min  |

October 29, 2025

Financial Express Kolkata

Framework for EU FTA created: Goyal

INDIA AND THE EU have significantly reduced their differences on various issues in their proposed FTA and have created a framework to deliver a balanced pact, Commerce and Industry Minister Piyush Goyal said on Tuesday.

1 min  |

October 29, 2025

Financial Express Kolkata

HSBC lifts full-year outlook for 2025

HSBC HOLDINGS RAISED its profitability outlook for 2025 even as quarterly earnings slid after it had to set aside $1.1 billion to cover litigation by investors who lost money in Bernard Madoff’s fraud.

1 min  |

October 29, 2025

Financial Express Kolkata

Ranjana Desai will head 8th pay panel, report by Apr 2027

THE UNION CABINET on Tuesday announced the formation of the 8th Pay Commission, with Justice (retired) Ranjana Prakash Desai as its head.

1 min  |

October 29, 2025

Financial Express Kolkata

Tech glitch delays trading at MCX by four hours

TRADING ATTHE Multi Commodity Exchange (MCX), the country’s largest commodity exchange, scheduled to commence at 9:00 a.m.was delayed by more than four hours on Tuesday due to a technical issue. The bourse was forced to shift operations to its disaster recovery system and trading started at 1:25 p.m.

1 min  |

October 29, 2025

Financial Express Kolkata

Rate shocks in Asia are a sign of the times

SURPRISES GETA bad press in economics, unless they are nice,and those have been scarce oflate.Astring of monetary policy upsets indicate something is seriously offin Southeast Asia.

3 min  |

October 29, 2025

Financial Express Kolkata

Apple hits $4 trn mkt value, joins Nvidia & Microsoft

APPLETOPPED $4 TRILLION in market value for the first time on Tuesday, the third Big Tech company to hit the milestone,as robust demand for its latest iPhone modelsallayed fears over its slow progress in the AI race.

1 min  |

October 29, 2025

Financial Express Kolkata

Advent International exits Aditya Birla Capital, sells 2.04% stake for ₹1,638 cr

PRIVATE EQUITY FIRM Advent International on Tuesday exited Aditya Birla Capital by selling its entire 2.04 per cent stake in the company for Rs 1,638 crore through open market transactions.

1 min  |

October 29, 2025

Financial Express Kolkata

Mistry loses Tata Trusts battle; legal war looms

MEHLI MISTRY, REGARDED as one of Ratan Tata’s longtime confidants, lost his bid to reappointment on Tuesday after a majority of trustees voted against his continuation on the boards of Sir Dorabji Tata Trust and Sir Ratan Tata Trusts, the two principal entities that along with other group trusts hold a combined 66% stake in Tata Sons, the Tata Group’s holding company.

1 min  |

October 29, 2025

Financial Express Kolkata

Adani Green profit more than doubles

ADANI GREEN ENERGY'S net profit more than doubled to %583 crore in Q2FY26 compared with 276 crore in the corresponding quarter of the previous financial year.

1 min  |

October 29, 2025

Financial Express Kolkata

'Noel wants to be Ratan Tata within a year'

“IT’S BLATANTLY UNFAIR to expect us to support resolutions, the details of which were not shared with us in advance,’ they said.

1 min  |

October 29, 2025

Financial Express Kolkata

OpenAI to offer free year of ChatGPT Go to Indian users

OPENAI ON TUESDAY said that it will offer Indian users a free one-year subscription to ChatGPT Go, its recently launched mid-tier plan that supports higher query limits, image generation, and file uploads.

1 min  |

October 29, 2025

Financial Express Kolkata

Growth in MSME book to drive TMB's loan expansion: MD

TAMILNAD MERCANTILE BANK (TMB) aims to clock 14% loan growth by the end of the current financial year, led by expansion in its micro, small and medium enterprises (MSME) portfolio, managing director and CEO Salee S Nair told FE.

1 min  |

October 29, 2025

Financial Express Kolkata

Delhi conducts cloud seeding trials after 53 years

AFTER A GAP of 53 years, Delhi conducted cloud seeding trials on Tuesday to induce artificial rain in the national capital amid surging pollution levels, even as the weather department did not record any traces of rainfall till evening.

2 min  |

October 29, 2025

Financial Express Kolkata

India adds 40 mn jobs in services in 6 years: Niti Aayog

Sector’s potential will be squandered without structural reforms: Report

2 min  |

October 29, 2025

Financial Express Kolkata

China needs consumption target

MORE THAN TECH ASCENDANCY, CHINESE LEADERS SHOULD FOCUS ON RAISING HOUSEHOLD CONSUMPTION

4 min  |

October 29, 2025

Financial Express Kolkata

Noel wants to be Ratan Tata within a year: Mistry camp

THE OUTCOME OF the Tata Trusts voting process hasn’t taken the Mehli Mistry camp by surprise as it was on expected lines and is being seen as a “direct revenge” by the other faction for not approving Trustee Vijay Singh’s continuance on the Tata Sons Board. Singh had to quit as the proposal was rejected by four of the trustees.

1 min  |

October 29, 2025

Financial Express Kolkata

'Developing entire setup for electronics manufacturing'

A day after the Centre approved seven projects worth ₹5,532 crore under the electronics component manufacturing scheme, Electronics and IT Minister Ashwini Vaishnaw tells Rishi Raj that the next step will entail designing and manufacturing equipment and materials used in electronics production. Excerpts:

1 min  |

October 29, 2025

Financial Express Kolkata

Short is sweet for Instagram

META’S REELS-FIRST PIVOT TURNS THE FEED INTO A STAGE FOR ADVERTISING INNOVATION

3 min  |

October 29, 2025

Financial Express Kolkata

Highway bidding set for major overhaul

Revised norms ina couple of days

1 min  |

October 29, 2025

Financial Express Kolkata

‘Lower price points gaining traction after GST cuts’

Bata India sees demand at the belly of the market bouncing back after the GST reduction on products up to ₹2,500 from the earlier 12% to 5%.

2 min  |

October 29, 2025

Financial Express Kolkata

Can gold & silver sparkle amid shifting trends?

GOLD AND SILVER have different primary uses. Gold is used as a safe-haven asset, an inflation hedge, jewellery, and a portfolio diversifier due to its low correlation with other assets. Silver is primarily used in industrial applications (such as electronics, photo-voltaics, and batteries).

3 min  |

October 29, 2025

Financial Express Kolkata

HDFC Bank benches execs amid regulatory fallout

ALLEGED MIS-SELLING OF CREDIT SUISSE SECURITIES BEING PROBED

2 min  |

October 29, 2025

Financial Express Kolkata

RBI returns Jana SFB’s universal bank application

JANA SMALL FINANCE Bank on Tuesday said the Reserve Bank of India (RBI) has returned its application to become a universal bank due to non-fulfilment of criteria.

1 min  |

October 29, 2025

Financial Express Kolkata

Simplify TDS regime in FY27 Budget: Ficci

INDUSTRY BODY FICCI on Tuesday called for the simplification of the tax deducted at source (TDS) structure in the 2026-27 Budget, stating that the decision will “considerably ease the compliance burden on the taxpayers and avoid litigation due to characterisation disputes”.

1 min  |

October 29, 2025
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