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Financial Express Kochi

PM to Launch 15 Projects in Kanpur

PRIME MINISTER NARENDRA Modi is scheduled to visit Kanpur on Friday, where he will inaugurate and lay the foundation stone for 15 mega development projects worth over ₹47,573 crore, the Uttar Pradesh government said.

1 min  |

May 30, 2025

Financial Express Kochi

CONCOR's annual capex will be ₹800-900 cr in next 4 years

With over 60% market share in India's container rail logistics business, Container Corporation of India (CONCOR) is at the forefront of Indian Railways' ambitious efforts to expand its presence in the logistics sector.

3 min  |

May 30, 2025

Financial Express Kochi

Bajaj Auto Beats Estimates, Profit Up 6% to ₹2,049 Crore

BAJAJ AUTO on Thursday posted a 6% year-on-year increase in standalone net profit for the January-March quarter at ₹2,049.3 crore, marginally above Bloomberg's consensus estimate of ₹2,013.1 crore.

2 min  |

May 30, 2025

Financial Express Kochi

ECBs rise fivefold to $18.7 billion

NET EXTERNAL COMMERCIAL borrowings (ECBs) rose more than five times to $18.7 billion in FY25, compared with $3.6 billion a year ago, the Reserve Bank of India's (RBI) annual report for 2024-25 showed.

1 min  |

May 30, 2025

Financial Express Kochi

UPI share in digital payments ecosystem swells to 83.7%

THE UNIFIED PAYMENTS Interface (UPI) continued to consolidate its dominance in India's digital payments ecosystem, accounting for 83.7% of the total transaction volume in FY25, up from 79.7% in FY24.

1 min  |

May 30, 2025

Financial Express Kochi

Bery: Economy at $15 Trillion in PPP Terms, More Than Half of US

NITI Vice-Chairman Suman Bery on Thursday urged states to take full advantage of the free trade agreements (FTAs) that the country is signing with developed nations.

1 min  |

May 30, 2025

Financial Express Kochi

Currency in circulation falls to 11.2% of GDP

CURRENCY IN CIRCULATION (CIC), as a fraction of the GDP, has been on a steady decline since FY21, the Covid-hit year, reports Prasanta Sahu.

1 min  |

May 30, 2025

Financial Express Kochi

US bans chip software and chemical exports to China

THE US ECONOMY shrank at the start of the year, restrained by weaker consumer spending and an even bigger impact from trade than initially reported.

2 min  |

May 30, 2025

Financial Express Kochi

Five-yearly approval of central schemes begins

THE FINANCE MINISTRY on Thursday said the government has kickstarted an elaborate exercise for five-yearly appraisals and approval of centrally sponsored schemes and central sector schemes to be made effective from April 1, 2026.

1 min  |

May 30, 2025

Financial Express Kochi

Projects promised but not delivered on time: IAF chief

INAWAKE-UP call to the nation and the defence industry, Indian Air Force chief Air Chief Marshal AP Singh, flagging delays in critical projects, on Thursday said he could not recall a single instance of a project being completed within the stipulated timeline.

1 min  |

May 30, 2025

Financial Express Kochi

Razorpay parent shifts domicile to India

FINTECH UNICORN RAZORPAY, backed by Y Combinator and Peak XV, has completed the process of shifting its parent company's domicile to India from the US.

1 min  |

May 30, 2025

Financial Express Kochi

Brokers get a side hustle

India's broking industry has long operated under a framework that restricted its ability to diversify or expand, despite evolving client expectations and the changing nature of financial services.

4 min  |

May 30, 2025

Financial Express Kochi

Early diagnosis, timely cure

BREAST CANCER is the most common cancer in women worldwide. In India, it accounts for 28% of all female cancers. Late diagnosis and inadequate access to quality treatment are major challenges, leading to lower survival rates. While mammography remains the gold standard screening technique, it has limitations—the test does not detect all cancers, is not effective in dense breast tissue, and there are also concerns around radiation exposure. It is also not readily available everywhere due to limited resources, infrastructure constraints, and cost.

2 min  |

May 29, 2025

Financial Express Kochi

Industrial Output Slows to 8-Month Low

HOWEVER, THE COMBINED weight of these 16 sectors in manufacturing is 49.7%.

1 min  |

May 29, 2025

Financial Express Kochi

FM Asks State-Run Insurers To Offer Innovative Products

FINANCE MINISTER NIRMALA Sitharaman on Wednesday reviewed the key performance indicators of public sector general insurance companies and directed them to develop innovative insurance products tailored to new and emerging risks.

1 min  |

May 29, 2025

Financial Express Kochi

Policy-easing bets fuel rally in bonds, yield at 3.5-yr low

GOVERNMENT BONDS RALLIED on Wednesday, with the 10-year yield slipping to the lowest in more than three-and-a-half years, in anticipation of a further monetary policy easing by the Reserve Bank of India next week.

1 min  |

May 29, 2025

Financial Express Kochi

Healthtech firm Practo posts first full-year profit in FY25

HEALTHTECH STARTUP PRACTO posted profit in all four quarters of a financial year for the first time in FY25, after narrowing its operating losses over the previous two years.

1 min  |

May 29, 2025

Financial Express Kochi

Nissan Plans to Raise $7 Billion With Backing From UK Govt

NISSAN MOTOR, facing a huge loan repayment wall next year, is seeking to raise more than ¥1 trillion ($7 billion) from debt and asset sales to keep operations on track, according to internal documents seen by Bloomberg.

1 min  |

May 29, 2025

Financial Express Kochi

Lagarde Discussed Leaving ECB Early

EUROPEAN CENTRAL BANK President Christine Lagarde has discussed cutting short her term to chair the World Economic Forum, the organisation's departed founder Klaus Schwab told the Financial Times in an interview.

1 min  |

May 29, 2025

Financial Express Kochi

'Big or beautiful, but not both': Musk mocks tax bill

The Great Bill?

1 min  |

May 29, 2025

Financial Express Kochi

Foodgrain output estimated at record 353 MT in 2024-25

Season Of New Records

1 min  |

May 29, 2025

Financial Express Kochi

BAT Offloads 2.5% ITC Stake via ₹12,927-Crore Block Deal

BRITISH AMERICAN TOBACCO on Wednesday offloaded a 2.5% stake in ITC for ₹12,927 crore ($1.5 billion), according to a revised term sheet.

1 min  |

May 29, 2025

Financial Express Kochi

India can achieve 6.5% GDP growth in FY26: EY report

INDIA MAY BE able to achieve a real GDP growth of 6.5% in FY26, driven by strong domestic demand with a pickup in private investment spurred by lower interest rates, in spite of ongoing global uncertainties, according to an EY report.

1 min  |

May 29, 2025

Financial Express Kochi

Bond market gets a boost as first forwards deal takes off

Kotak Life and JP Morgan execute the deal valued at ₹20 cr

2 min  |

May 29, 2025

Financial Express Kochi

As Trump seeks Iran deal, Israel again raises possible strikes on nuke sites

As the Trump administration tries to negotiate a nuclear deal with Iran, PM Benjamin Netanyahu of Israel has been threatening to upend the talks by striking Iran's main nuclear enrichment facilities, according to officials.

1 min  |

May 29, 2025

Financial Express Kochi

Our funds will target wider audience

South Africa's largest asset manager, $80-billion Sanlam Group, picked up a 23% stake in Shriram AMC for ₹105 crore on Tuesday to become a co-promoter.

2 min  |

May 29, 2025

Financial Express Kochi

Rajan warns of talent drain in US

FORMER RESERVE BANK of India governor Raghuram Rajan warned about the long-term risks to the US economy if politics eroded the pipeline of international students to American universities.

1 min  |

May 29, 2025

Financial Express Kochi

VC firms employ AI to automate...

SOMSHUBHRO PAL CHOUDHURY, co-founder and partner at Bharat Innovation Fund, described the process as AI \"sifting through thousands of startups\" to identify those that align with a fund's investment thesis, dramatically improving the ability to detect promising opportunities early.

1 min  |

May 29, 2025

Financial Express Kochi

The eternal student

WHILE EDTECH LEADERS ADAPT AMID FUNDING WINTER & BACK-TO-CLASSROOM SHIFT, GAURAV MUNJAL HOLDS INVESTOR LEVERAGE WITH CASH STILL IN THE BANK

3 min  |

May 29, 2025

Financial Express Kochi

Markets Close Lower for Second Day, ITC Looms on Indices

The equity benchmarks edged lower on Wednesday, the second day in a row, dragged by a slide in ITC, even as the broader sentiment stayed upbeat on positive global cues, while investors awaited the US Federal Reserve's policy minutes.

1 min  |

May 29, 2025