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Financial Express Chennai

Govt’s rice stocks surge despite record sales in open market

THE GOVERNMENT'S CENTRAL-POOL rice stocks continue to surge despite brisk offloading of grain through open market sales, allocation to states, for ethanol manufacturing and Bharat rice initiative.

1 min  |

December 02, 2025

Financial Express Chennai

Centre to sell up to 6% in BoM

THE CENTRE WILL sell up to 6% stake in the state-run Bank of Maharashtra to raise about %2,492 crore through an offer for sale (OFS) at a floor price of *54/share on Tuesday-Wednesday.

1 min  |

December 02, 2025

Financial Express Chennai

Tesla registrations tumble in major European markets

TESLA REGISTRATIONS IN several key European markets plunged in November from a year earlier as the US EV maker continued to struggle to stem market share losses despite rolling out new versions of its bestselling Model Y.

1 min  |

December 02, 2025

Financial Express Chennai

Stitching aspirations into reality

Inside the journey of Vijay Bansal, who turned lessons in honesty and hustle into Rs. 2100 crore in style

3 min  |

December 02, 2025

Financial Express Chennai

Bills to levy excise on tobacco, cess on pan masala tabled

FINANCE MINISTER NIRMALA Sitharaman on Monday introduced two new Bills in the Lok Sabha which would ensure that high taxes on “sin goods” such as tobacco, pan masala and related products continue seamlessly after the scheduled phaseout of Goods and Services Tax (GST) compensation cess, levied on them.

1 min  |

December 02, 2025

Financial Express Chennai

RBI unveils 5-yr financial inclusion strategy

RESERVE BANK OF India Governor Sanjay Malhotra on Monday formally released the national strategy for financial inclusion (NSFI) 2025-30 at the 32nd meeting of the subcommittee of the Financial Stability and Development Council (FSDC-SC).

1 min  |

December 02, 2025

Financial Express Chennai

SIM-binding to plug security gap: Govt

PEGGING CYBER-FRAUD losses at over 22,800 crore in 2024 alone, the government on Monday said its latest directions on mandatory, continuous SIM-device binding for use of messaging apps are “essential to plug a concrete security gap” that cybercriminals are exploiting to run large-scale, often cross-border, digital frauds.

1 min  |

December 02, 2025

Financial Express Chennai

Telcos: Mandatory move for messaging apps a milestone

INDUSTRY BODY COAI on Monday said Telecom Department’s move mandating that messaging apps like WhatsApp will work only with an active SIM would bolster national security and pledged telecom operators’ commitment to supporting seamless implementation of the latest directive.

1 min  |

December 02, 2025

Financial Express Chennai

Limits of LLMs

WHEN AI SOUNDS CONFIDENT BUT GETS IT WRONG: THE HIDDEN EPISTEMOLOGY OF LLMs

4 min  |

December 02, 2025

Financial Express Chennai

Swaminathan stresses strong collaboration among entities

RESERVE BANK OF India (RBI) Deputy Governor Swaminathan J has underlined the need for collaboration among entities for success of any institution.

1 min  |

December 02, 2025

Financial Express Chennai

Kohli, Agarkar & Gambhir caught in cricket fog

THESE AREN'T THE best of times for Indian cricket. The proud home record is shattered, trust has broken down, and intrigue is on the rise.

2 min  |

December 02, 2025

Financial Express Chennai

ICICI Pru AMC gets Sebi nod for ₹10,000-cr IPO

THE COUNTRY'S SECOND largest mutual fund house, ICICI Prudential Asset Management Company (AMC), has received the final approval from the Securities and Exchange Board of India (Sebi) for its ₹10,000-crore initial public offering (IPO).

1 min  |

December 02, 2025

Financial Express Chennai

Re slides to record closing low

THE RUPEE ON Monday sank to its record closing low of 89.5587, down 10 paise or 0.11%, pressured by maturing non-deliverable forward (NDF) positions, along with a persistent bearish pall on the currency.

1 min  |

December 02, 2025

Financial Express Chennai

5-yr jail term for Hasina in land scam

A BANGLADESH COURT on Monday convicted and sentenced deposed Prime Minister Sheikh Hasina to five years of imprisonment and her niece, British parliamentarian Tulip Siddiq, to a two-year jail term in a land scam case.

1 min  |

December 02, 2025

Financial Express Chennai

Handset makers...

“SANCHAR SAATHI IS a lost phone tracker, but if it gets embedded with no possibility of removal, it becomes a government tracker on your device...The way things work with DoT, there was no public consultation, the order wasn’t disclosed. Just forced.This is dictatorial in nature. If they get away with this, more will follow,” Pahwa wrote on X.

1 min  |

December 02, 2025

Financial Express Chennai

Fresh applications sought under PLI for bulk drugs

THE DEPARTMENT OF Pharmaceuticals (DoP) has invited fresh applications under the performance-linked incentive (PLI) scheme for bulk drugs with an aim to boost the domestic production of broad-spectrum antibiotic meropenem and anti-retroviral medication ritonavir.

1 min  |

December 02, 2025

Financial Express Chennai

Omega rolls out world’s first electric cargo vehicle

E-MOBILITY COMPANY OMEGA Seiki Mobility (OSM) has launched the world's first autonomous electric cargo three-wheeler, Swayamgati Cargo. The company has set an introductory price of Rs 4.15 lakh to make autonomous vehicles accessible, affordable, and scalable. Bookings for the Swayamgati Cargo will open on Monday, with deliveries expected to begin this quarter.

1 min  |

December 02, 2025

Financial Express Chennai

NATO readies to confront Russia with limited US help

A FRENCH CAYMAN helicopter flies low over a lush Transylvanian valley, dropping three soldiers onto the grass.

1 min  |

December 02, 2025

Financial Express Chennai

AI may slash film production costs by 40% in 2 years

ARTIFICIAL INTELLIGENCE IS increasingly reshaping the creative economy as filmmakers, animators and content creators turn to prompt-driven production. Conversations with senior executives on the sidelines of the CII Big Picture Summit in Mumbai on Monday indicate that India’s entertainment industry has begun embracing AI in a significant way, shifting tasks such as storyboarding, scriptwriting and VFX production to AI tools. Last month also saw the re-release of the Nagarjuna-starrer Shiva—first released in 1989 in Telugu and remade in Hindi in 1990—after being digitally restored using AI-based tools and modern sound technology.

2 min  |

December 02, 2025

Financial Express Chennai

PM: Parliament no place for drama

Cong hits back: Calls Modi biggest dramabaaz

1 min  |

December 02, 2025

Financial Express Chennai

'US gained from talented Indians immensely'

America has ben- efited immensely from talented Indians who have come to America

1 min  |

December 02, 2025

Financial Express Chennai

Robust demand: Car sales surge 19% in November

FESTIVAL TAILWIND FADES, SEQUENTIAL VOLUMES MODERATE

2 min  |

December 02, 2025

Financial Express Chennai

HC asks CCI, govt to file replies on Apple's plea

THE DELHI HIGH Court on Monday sought response of the Centre and Competition Commission of India (CCI) on a plea by tech giant Apple Inc challenging CCI's direction to furnish the firm's audited financial statements for several years.

1 min  |

December 02, 2025

Financial Express Chennai

UPI transactions see marginal fall in Nov

THE UNIFIED PAYMENTS Interface (UPI) system recorded transaction volume of 20.47 billion in November, a marginal decline from 20.70 billion in October, according to data from the National Payment Corporation of India (NPCI).

1 min  |

December 02, 2025

Financial Express Chennai

IIP growth at 14-month low in Oct

WHILE THE WEAKER IIP print can be partly attributed to fewer working days due to multiple festivals, the softness in momentum remains a key monitorable in the coming months, wrote CareEdge.

1 min  |

December 02, 2025

Financial Express Chennai

Grievances against pvt banks surge

THE RESERVE BANK on Monday said there was a 13% rise in consumer complaints received under the Ombudsman scheme in FY25.

1 min  |

December 02, 2025

Financial Express Chennai

Maruti Suzuki takes on rivals over CAFE norms

MARUTI SUZUKI INDIA on Monday cautioned that small cars may have to be phased out if the government’s proposed norms on reducing fuel consumption and carbon emissions become “unscientific and unjust,” amid escalating tensions within the automobile industry over the upcoming Corporate Average Fuel Efficiency (CAFE) regulations.

1 min  |

December 02, 2025

Financial Express Chennai

Govt does not advise LIC on investments: FM

FINANCE MINISTER NIRMALA Sitharaman on Monday told Parliament that the government does not advise or direct the Life Insurance Corporation of India (LIC) on its investment decisions, including those related to the Adani Group.

1 min  |

December 02, 2025

Financial Express Chennai

Fertiliser imports climb 69% in first seven months of FY26

IN ANTICIPATION OF robust demand on surplus monsoon and encouraging trend in winter crops sowing, the imports of urea, di-ammonium phosphate (DAP) and NPK variants of soil nutrients have surged in the first seven months of the current fiscal year.

2 min  |

December 02, 2025

Financial Express Chennai

LODR review paper likely in 4-6 months: Sebi chairman

THE SECURITIES AND Exchange Board of India (Sebi) is likely to issue a consultation paper on its comprehensive review of the Listing Obligations and Disclosure Requirements (LODR) framework in four-six months.

1 min  |

December 02, 2025
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