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Financial Express Kochi

On track to reach $10-bn sourcing goal: Walmart

Doug McMillon on Tuesday reaffirmed the company's commitment to increase annual sourcing from India to $10 billion by 2027, stating it is actively working with suppliers to meet this ambitious target.

1 min  |

June 25, 2025

Financial Express Kochi

Tata Motors: No plans to set up JLR plant in US

THE MAKE IN the US push by President Donald Trump has failed to generate interest in the business plans of Tata Motors-owned Jaguar Land Rover, though both the luxury auto brands are preparing to mitigate the impact of the tariff hike.

2 min  |

June 25, 2025

Financial Express Kochi

Hindalco to buy US-based firm AluChem for $125 mn

ADITYA BIRLA GROUP's flagship metals company, Hindalco Industries, has announced the acquisition of US-based AluChem Companies for $125 million, marking its entry into the low-soda tabular alumina segment — a high-performance material used in precision industrial applications.

1 min  |

June 25, 2025

Financial Express Kochi

Agri minister flags concerns over edible oil import surge

INDIA SHOULD NOT ideally be importing edible oils, agriculture minister Shivraj Singh Chouhan said on Tuesday, indicating his ministry's concerns over keeping low import duties on these items.

1 min  |

June 25, 2025

Financial Express Kochi

Adani Group to demerge airports business in 2 yrs

ADANI AIRPORT HOLDINGS (AAHL), the country's second largest airport operator (by passengers serviced) will be the first of the several subsidiaries to get demerged from parent Adani Enterprises, a senior official said on Tuesday.

1 min  |

June 25, 2025

Financial Express Kochi

Decline in interest rates unlikely to boost affordable housing

A cut in interest rates should be a big booster for affordable housing as the segment is highly rate-sensitive. But the reality may be different.

3 min  |

June 25, 2025

Financial Express Kochi

Robust data quality need of the hour: Niti Aayog

NITI AAYOG on Tuesday stressed the urgent need for robust data quality to fortify digital governance, cultivate public trust and ensure efficient service delivery.

1 min  |

June 25, 2025

Financial Express Kochi

RBI to conduct VRRR on Friday after seven months

\"If the short-term falls too much, participants tend to borrow more from the short-term market and lend long-term or unsecured loans.

1 min  |

June 25, 2025

Financial Express Kochi

CCI Clears Bain Proposal to Buy Manappuram Finance Stake

THE COMPETITION COMMISSION of India (CCI) on Tuesday approved Bain Capital's proposed acquisition of stake in Manappuram Finance (MFL) through its affiliates.

1 min  |

June 25, 2025

Financial Express Kochi

Fed can wait to reduce interest rates: Powell

THE FEDERAL RESERVE will continue to wait and see how the economy evolves before deciding whether to reduce its key interest rate, Chair Jerome Powell said on Tuesday, a stance directly at odds with President Donald Trump's calls for immediate cuts.

1 min  |

June 25, 2025

Financial Express Kochi

Fragile ceasefire takes hold

PRESIDENT TRUMP LASHED out at Israel and Iran on Tuesday for launching attacks after he had announced a cease-fire, highlighting the fragility of the deal that seeks to end 12 days of deadly fighting.

2 min  |

June 25, 2025

Financial Express Kochi

Health insurers yet to crack retail OPD coverage

Insurance crossed the ₹5,000-crore gross written premium (GWP) milestone in FY25.

2 min  |

June 25, 2025

Financial Express Kochi

OpenAI Nabbing Microsoft Customers, Fueling Rivalry

Last spring, drugmaker Amgen Inc. announced plans to buy Microsoft Corp.'s Copilot AI assistant for 20,000 employees.

2 min  |

June 25, 2025

Financial Express Kochi

India Takes Lead in 5G Coverage: Ericsson

THE JUNE 2025 edition of the Ericsson Mobility Report tracks the global rise of 5G, with particular focus on monetisation opportunities through Fixed Wireless Access (FWA), rapid growth in data consumption, and new enterprise use cases.

1 min  |

June 25, 2025

Financial Express Kochi

Should MPC vote on stance?

The last two monetary policy statements, in April and June, reflect some critical fine-tuning under the new chairperson, Sanjay Malhotra.

4 min  |

June 25, 2025

Financial Express Kochi

FMCG growth is not just about listed firms alone

Consumer goods major Marico, which crossed ₹10,000 crore in topline in FY25, is looking to double turnover in five years, MD & CEO Saugata Gupta tells Viveat Susan Pinto in an exclusive interview. He throws light on the strategy he has put in place to achieve this, his agenda on digital acquisitions and outlook for the year. Edited excerpts:

3 min  |

June 25, 2025

Financial Express Kochi

Trump sparks fear over NATO future

SECRETARY GENERAL MARK Rutte is fighting to stop the NATO summit from spinning out of control after President Donald Trump cast doubt on the US commitment to defend its allies.

1 min  |

June 25, 2025

Financial Express Kochi

Must have competition in every sector, duopoly not good: Scindia

UNION TELECOM MINISTER Jyotiraditya Scindia on Tuesday said that duopoly is not good and there must be competition in every sector.

2 min  |

June 25, 2025

Financial Express Kochi

Shah Targets Cong Ahead Of Emergency 50th Anniversary

TARGETING THE CONGRESS and its allies for \"raising questions about democracy and the Constitution\", Union Home Minister Amit Shah, speaking in New Delhi Tuesday on the eve of 50 years of the imposition of Emergency, said it is necessary that memories of the Emergency do not fade away, so that the youth are able to recall this challenge to democracy.

2 min  |

June 25, 2025

Financial Express Kochi

India, UK May Seal Free Trade Pact by July End

SIGNING SOON

1 min  |

June 25, 2025

Financial Express Kochi

Supporting India's Green Energy Goals

Extending the Inter-State Transmission System waiver with clear, milestone-based criteria would help attain non-fossil fuel capacity target by 2030

3 min  |

June 25, 2025

Financial Express Kochi

Rare earths: Decision on subsidy scheme soon

The government is likely to take a decision on rolling out a scheme to subsidise domestic production of rare earth magnets in the next 15-20 days, Union minister HD Kumaraswamy said on Tuesday.

2 min  |

June 25, 2025

Financial Express Kochi

Harvard Wins Longer Block on Trump's Foreign Student Ban

A FEDERAL JUDGE issued another court order letting Harvard University keep hosting foreign students, this one in its fight to overturn President Donald Trump's proclamation barring their entry to the U.S.

1 min  |

June 25, 2025

Financial Express Kochi

Plane's black box not sent abroad: Minister

CIVIL AVIATION MINISTER Kinjarapu Rammohan Naidu announced on Tuesday that the black box from the crashed Air India Flight 171 is currently in India and has not been sent abroad for investigation, contrary to speculations.

1 min  |

June 25, 2025

Financial Express Kochi

India Evacuates Over 3,100 Citizens

INDIA ON TUESDAY evacuated over 1,100 citizens from Iran and Israel amid ongoing tensions between the two countries, taking the number of evacuees under Operation Sindhu to 3,170.

1 min  |

June 25, 2025

Financial Express Kochi

Chaos at Doha Airport, Long Queues in Dubai

OPERATIONS AT TWO of the world's busiest airports in Doha and Dubai slowed to a crawl on Tuesday as thousands of travellers queued for hours, facing long delays and flight cancellations after the temporary closure of airspace a day earlier.

1 min  |

June 25, 2025

Financial Express Kochi

HC rules NFRA can probe audits before its creation

New penalties can't be imposed, court order adds

2 min  |

June 25, 2025

Financial Express Kochi

S&P Raises India's FY26 Growth Forecast to 6.5%

S&P Global Ratings on Tuesday raised India's economic growth projection to 6.5% for 2025-26.

2 min  |

June 25, 2025

Financial Express Kochi

J&K Bank to focus on improving other income

IN ORDER TO improve growth in other income, Jammu & Kashmir (J&K) Bank has decided to create a separate vertical, managing director and chief executive officer Amitava Chatterjee said.

1 min  |

June 25, 2025

Financial Express Kochi

Adani aims $15-bn capex a year

IN TERMS OF consolidated numbers, the group's revenues grew by 7%, Ebitda by 8.2%, and net debt-to-Ebitda ratio remained at 2.6x, he said.

1 min  |

June 25, 2025