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Financial Express Bengaluru

BoB Classifies Loan Accounts of Anil Ambani, RComm as Fraud

BANK OF BARODA (BoB) has classified the loan accounts of insolvent Reliance Communications (RComm) and its former director Anil Ambani as fraudulent, citing alleged misutilisation of loans granted more than a decade back, the firm informed the exchanges late on Thursday.

1 min  |

September 06, 2025

Financial Express Bengaluru

SpiceJet Q1 net loss widens to ₹234 cr

BUDGET CARRIER SPICEJET on Friday reported a consolidated net loss of ₹234 crore in the first quarter of FY26 against a net profit of ₹158 crore in the year-ago period.

1 min  |

September 06, 2025

Financial Express Bengaluru

Need to engage with China on market access, says FM

SHE SAID THAT the government would come out with something to hand-hold those who are hit by the 50% tariffs by the US.

1 min  |

September 06, 2025

Financial Express Bengaluru

Oyo PAT More Than Doubles to ₹200 Cr

IPO-BOUND TRAVEL TECH platform Oyo's profit after tax (PAT) more than doubled to ₹200 crore in the first quarter of FY26, on the back of robust revenue growth, founder Ritesh Agarwal shared in an email to the top management on Friday.

1 min  |

September 06, 2025

Financial Express Bengaluru

Tax row: UK Deputy PM resigns

British Deputy Prime Minister Angela Rayner resigned on Friday after saying she deeply regretted her mistake of underpaying property tax on a new home, in a damaging blow for her boss, Prime Minister Keir Starmer.

1 min  |

September 06, 2025

Financial Express Bengaluru

SBI MF, Others Invest ₹500 Cr in Urban Company Ahead of IPO

SBI Mutual Fund, Acrobat Capital Fund 1, and two other firms have invested nearly ₹500 crore in Urban Company, the app-based beauty and home services marketplace which is set to open its initial public offering (IPO) next week.

1 min  |

September 06, 2025

Financial Express Bengaluru

Surplus rain in North dents prospects of bumper crop

Chouhan to soon submit a detailed report to PM

1 min  |

September 06, 2025

Financial Express Bengaluru

Sebi ramps up Jane Street probe amid deficient data

Complaints Continuing

2 min  |

September 06, 2025

Financial Express Bengaluru

Japan's Ishiba Reaffirms Intent to Stay On After Tariffs Lowered

JAPANESE PRIME MINISTER Shigeru Ishiba reiterated his intention to stay on as leader after securing the lowering of US auto tariffs, dismissing the view that implementation of the trade deal with Washington might change his mind.

1 min  |

September 06, 2025

Financial Express Bengaluru

Saving Young Lives

The steady decline in India's infant mortality rate shouldn't lead to complacency

2 min  |

September 06, 2025

Financial Express Bengaluru

Rupee declines 11 paise, hits a fresh closing low

The rupee on Friday depreciated 11 paise to close at a new low of 88.26.

1 min  |

September 06, 2025

Financial Express Bengaluru

US Tariff Hike: Engineering Exports May Face $8-Bn Hit

INDIA'S ENGINEERING EXPORTS to the US are projected to decline by $7.5-$8 billion as the entire product basket in the sector now faces 50% tariffs, creating an urgent need for government support.

1 min  |

September 06, 2025

Financial Express Bengaluru

₹70k-cr boost likely as first 25-bps CRR cut takes effect

LIQUIDITY MANAGEMENT

1 min  |

September 06, 2025

Financial Express Bengaluru

Need to engage with China on market access, says FM

SHE SAID THAT the government would come out with something to hand-hold those who are hit by the 50% tariffs by the US.

1 min  |

September 06, 2025

Financial Express Bengaluru

Mexico Mulls Tariffs on China, Others

MEXICO IS CONSIDERING enacting new tariffs on countries with which it does not have a trade agreement, including China, President Claudia Sheinbaum said during her morning press conference on Thursday.

1 min  |

September 06, 2025

Financial Express Bengaluru

Tata Motors to Cut Prices by Up to ₹1.55 Lakh

Big Relief

1 min  |

September 06, 2025

Financial Express Bengaluru

E-comm majors eye festive jackpot

THE BACKDROP TO all this is a revival in consumer demand.

1 min  |

September 06, 2025

Financial Express Bengaluru

GST booster fails to charge up markets

SHANKAR SHARMA, FOUNDER of Gquant Investec, said: \"The market wants actual numbers to reflect the policy measures. This is an old, aging, frail bull market, and at this age, clinical evidence has to be there. The GDP numbers were a big disappointment, with nominal GDP growth rate being a measly 8.8%, the lowest since 2019. These numbers are extremely concerning to the market.\"

2 min  |

September 06, 2025

Financial Express Bengaluru

BMW, the anti-Tesla, is playing EV long game

It’s easy to be gloomy about European automakers facing intense competition from technologically sophisticated and lower-cost rivals like BYD and Xiaomi. But at least one Western manufacturer is aiming to convince customers and investors it can compete with the best that China or Tesla offer—and I reckon BMW might have found a sweet spot.

3 min  |

September 06, 2025

Financial Express Bengaluru

Negotiations underway with the US, says Goyal

STRESSING THAT NEGOTIATIONS with the US over the 50% tariff on Indian goods are underway, Union commerce and industry minister Piyush Goyal said there is no need to \"panic\" as both countries will arrive at an equitable, balanced and fair agreement.

1 min  |

September 06, 2025

Financial Express Bengaluru

IT budget growth muted amid demand uncertainty

• Indian IT firms witness weak client sentiment

2 min  |

September 05, 2025

Financial Express Bengaluru

Auto buyers gearing up for premium drive

Shift To Dearer Models

2 min  |

September 05, 2025

Financial Express Bengaluru

Affordable housing set for solid growth

GST On Cement Reduced From 28% To 18%

2 min  |

September 05, 2025

Financial Express Bengaluru

12 MoUs inked as Semicon India wraps up

THE THREE-DAY SEMICON India 2025 concluded on Thursday with a strong push for India's emergence as a global semiconductor hub, marked by the signing of 12 memorandums of understanding (MoUs) and seven fresh announcements to accelerate the ecosystem.

1 min  |

September 05, 2025

Financial Express Bengaluru

Starlink Gets Spectrum for Satellite Broadband Trials

To establish 10 ground sites with Mumbai as hub

1 min  |

September 05, 2025

Financial Express Bengaluru

Cong: Wait for 'true GST 2.0' continues

Modi on Thursday hailed GST 2.0 as a double dose of support and growth for the nation and asserted that the series of next-generation reforms to make India self-reliant will not stop.

2 min  |

September 05, 2025

Financial Express Bengaluru

From semiconductor to skilling, India, Singapore to expand ties

Prime Minister Narendra Modi and his visiting Singaporean counterpart Lawrence Wong on Thursday agreed to adopt a forward-looking and substantive roadmap aimed at setting the vision and direction for the next phase of bilateral relations — and deepen cooperation in eight key areas:

1 min  |

September 05, 2025

Financial Express Bengaluru

India penalty...

It says that due to IEEPA tariffs, six major trading partners and the 27-nation European Union have already entered into framework deals with the United States, accepting tariff arrangements heavily recalibrated in America's favour and agreeing to make approximately US$ 2 trillion of purchases and investment in the US economy.

1 min  |

September 05, 2025

Financial Express Bengaluru

Indian students choose Germany, UAE over US for higher studies

Changing Preferences

1 min  |

September 05, 2025

Financial Express Bengaluru

Dealing with after-effects of reform

A critical part of the package are the process reforms for simplifying registrations and expediting refunds, both for inverted duty structure and exports

3 min  |

September 05, 2025
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