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Financial Express Kolkata

JSW Steel profit jumps 4x in Q2; misses estimates

SAJJAN JINDAL-LED JSW Steel reported a 307% year-on-year jump in net profit for the second quarter of the financial year 2026 at ₹1,646 crore, up from ₹404 crore, driven by lower mining premium and royalties, inventory costs, and the absence of an exceptional item on account of the provision for surrender of Jajang Iron Ore mining lease.

1 min  |

October 18, 2025

Financial Express Kolkata

Sebi reconstitutes AIPAC; focus now on accreditation

THE SECURITIES ANI Exchange Board of India (Sebi) has reconstituted its Alternative Investment Policy Advisory Committee (AIPAC) for the second time since the inception in 2015.

1 min  |

October 18, 2025

Financial Express Kolkata

Deadline for white goods PLI extended

THE GOVERNMENT HAS extended the application window for the fourth round of the Production Linked Incentive (PLI) Scheme for white goods (air conditioners and LED lights) till November 10.

1 min  |

October 18, 2025

Financial Express Kolkata

RIL misses Q2 estimates on oil, petchem weakness

Profit rises 10% at ₹18,165 cr

1 min  |

October 18, 2025

Financial Express Kolkata

Yes Bank stock falls 4% as SMBC rules out raising hike

YES BANK'S STOCK fell nearly 4% on Friday after Sumitomo Mitsui Banking Corporation (SMBC) ruled out increasing the group's stake in the bank beyond 24.99%.

1 min  |

October 18, 2025

Financial Express Kolkata

City Union Bank begins hunt for new MD & CEO

CITY UNION BANK has invited applications for the post of MD & CEO, as the term of its incumbent and one of the longestserving chiefs, N Kamakodi, will end in May 2026.

1 min  |

October 18, 2025

Financial Express Kolkata

Global bank stocks shiver amid US credit risk fears

FEAR OVER CREDIT quality in US regional banks rippled through markets on Friday, dragging global financial stocks lower and reviving memories of the crisis of confidence that shook sentiment just over two years ago.

1 min  |

October 18, 2025

Financial Express Kolkata

Peyush Bansal nears billionaire status with Lenskart IPO

PEYUSH BANSAL FOUNDED eyewear-maker Lenskart Solutions more than 15 years ago with partners he met on LinkedIn and grew it into a multi-billion dollar business. Now the 41-year-old entrepreneur is in line for a windfall.

2 min  |

October 18, 2025

Financial Express Kolkata

Bol profit up 7.6%; provisions fall, asset quality improves

BANK OFINDIA (BoI) on Friday reported a 7.6% rise in its net profit to ₹2,554 crore for the September quarter, aided by a sharp fall in provisions and an improvement in the asset quality.

1 min  |

October 18, 2025

Financial Express Kolkata

Silver surge may hurt future supply contracts of India Inc

WITH SEVERAL COMPANIES dependent on silver as a raw material, the runaway prices of the white metal may hurt their supply contracts in the future.

1 min  |

October 18, 2025

Financial Express Kolkata

WTO chief urges US, China to de-escalate trade war

WTO DIRECTOR-GENERAL SAID she is urging the US and China to deescalate trade tensions, warning that a decoupling by the world's two largest economies could reduce global economic output by 7% over the longer term.

1 min  |

October 18, 2025

Financial Express Kolkata

AIM TO POSITION INDIA AS A MANUFACTURING AND SUPPORT HUB Embraer-Mahindra JV to bring C-390 Millenium jets to India

STRATEGIC PARTNERSHIP

1 min  |

October 18, 2025

Financial Express Kolkata

HZL Q2 profit rises 14% to ₹2,649 cr

VEDANTA-OWNED HINDUSTAN ZINC on Friday reported a surge of 14% in its consolidated net profit in the second quarter of FY26 at ₹2,649 crore.

2 min  |

October 18, 2025

Financial Express Kolkata

IndusInd Bank clarifies on ₹255-cr accounting lapses

INDUSIND BANK ON Friday said the accounting irregularity of ₹255 crore mentioned in a media report is not part of any new investigation being conducted by the bank.\"These findings were part of the investigation report submitted by the

1 min  |

October 18, 2025

Financial Express Kolkata

Fire crackers’ use in Delhi-NCR may rise 40% this Diwali

THE SUPREME COURT order, allowing the sale and bursting of green crackers in Delhi-NCR region, may increase the number of families bursting fire crackers by 40% as compared to the last year, raising fears that 'regular fireworks' could also make a comeback, a LocalCircles study said.

1 min  |

October 18, 2025

Financial Express Kolkata

Take a loan against your FD to clear your credit card dues

YOUR QUERIES: LOANS

2 min  |

October 18, 2025

Financial Express Kolkata

'We've become selective about cinema openings'

The country's largest multiplex operator, PVR Inox, swung to a net profit of nearly ₹ 106 crore in the September quarter (Q2) of FY26, compared to a net loss of nearly ₹ 11 crore in the year-ago period, driven by higher audience turnout and a stronger slate offilms.

1 min  |

October 18, 2025

Financial Express Kolkata

RIL misses second quarter estimates...

Total costs increased 8.8% to ₹2.34 lakh crore, compressing margins despite a steady operational performance.Consolidated Ebitda grew 17.5% yo-y to ₹45,885 crore, translating to a margin expansion of over 100 basis points to 17.7%, underscoring steady execution in core businesses.

1 min  |

October 18, 2025

Financial Express Kolkata

Brokers’ active client base shrinks 10% from Dec peak

. Weak mkts, stiff F&O norms push brokers to new lines of business

3 min  |

October 18, 2025

Financial Express Kolkata

US official says India slashed Russian oil purchases by half

OCTOBER PURCHASES ROBUST AFTER SEPTEMBER DIP: KPLER DATA

2 min  |

October 18, 2025

Financial Express Kolkata

Barclays’ India banker Agarwal leaves to join rival bank

BARCLAYS PLC'S VETERAN corporate and investment banker in India is departing the lender, the latest in a slew of recent moves by senior financiers during a period of strong deal flow in the country.

1 min  |

October 18, 2025

Financial Express Kolkata

Go for Dhanteras gold SIP

THIS RITUAL-BASED INVESTING BINDS FAITH, DISCIPLINE & FINANCIAL FORESIGHT

2 min  |

October 18, 2025

Financial Express Kolkata

Gold at new high on Dhanteras eve

GOLD PRICES ROSE by ₹3,200 to touch a new lifetime high of ₹1,34,800 per 10 g in the national capital on Friday, buoyed by strong festive buying by jewellers and retailers ahead of Dhanteras, reports PTI.

1 min  |

October 18, 2025

Financial Express Kolkata

Micron to exit server chips biz in China after ban

MICRON PLANS TO stop supplying server chips to data centres in China after the business failed to recover from a 2023 government ban on its products in critical Chinese infrastructure, two people briefed on the decision said.

1 min  |

October 18, 2025

Financial Express Kolkata

Advance pricing pacts hit new high of 174 in FY25

THE CENTRAL BOARD of Direct Taxes (CBDT) has signed 174 Advance Pricing Agreements (APAs) during 2024-25, the highest in any year, indicating the progress in ease of doing business by providing certainty to multinationals regarding transfer pricing.

1 min  |

October 18, 2025

Financial Express Kolkata

Belgian court clears Choksi's extradition

A COURT IN Antwerp on Friday cleared the extradition of fugitive diamantaire Mehul Choksi, noting that his arrest by the Belgian authorities on India's request was valid, officials in the know said.

1 min  |

October 18, 2025

Financial Express Kolkata

Central Bank Q2 profit rises 33%

profit rises 33%

1 min  |

October 18, 2025

Financial Express Kolkata

Op Sindoor: Rajnath hails HAL for 24x7 support to IAF

DEFENCE MINISTER RAJNATH Singh on Friday hailed the Hindustan Aeronautics Ltd (HAL) for providing round-the-clock support to the Indian Air Force's fighter fleet at various frontline bases during Operation Sindoor as he described the aerospace major as the backbone of India's defence sector.

1 min  |

October 18, 2025

Financial Express Kolkata

Korean challenge to German luxury

WHAT IS GENESIS THAT HYUNDAI SAID WILL LAUNCH IN INDIA IN 2027?

1 min  |

October 18, 2025

Financial Express Kolkata

'India eyes trade pacts to secure minerals supply'

THE GOVERNMENTIS working to secure the supply of critical minerals through trade agreements with Chile, Peru and Australia while simultaneously ramping up domestic exploration and processing capacity, Commerce and Industry Minister Piyush Goyal said on Friday.

1 min  |

October 18, 2025
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