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Financial Express Kochi

Sebi Mulls Easing Norms for FPIs Buying Only Govt Bonds

The Securities & Exchange Board of India (Sebi) on Tuesday proposed to ease rules for foreign portfolio investors (FPIs) that exclusively invest in government bonds (\"IGBs\") under the voluntary retention route (VRR) and fully accessible route (FAR).

1 min  |

May 14, 2025

Financial Express Kochi

CBSE Results: Dip in Number of Students With Over 90% Score

GIRLS CONTINUED TO outshine boys in CBSE board exams for classes 10 and 12, while the number of candidates scoring above 90% in both classes recorded a dip, according to Examination Controller Sanyam Bhardwaj.

1 min  |

May 14, 2025

Financial Express Kochi

Will break even by next fiscal

Zuno General Insurance, backed by Edelweiss Group, closed FY25 with a gross premium of around ₹1,000 crore.

2 min  |

May 14, 2025

Financial Express Kochi

De-escalation plans likely to be swapped today between DGMOs

INDIA AND PAKISTAN are likely to exchange plans on the modalities of de-escalation of troops deployed along the borders by Wednesday, it has been learnt.

1 min  |

May 14, 2025

Financial Express Kochi

Agri credit seen rising 9% in FY26 to ₹31.5 lakh cr

CREDIT TO THE agriculture sector by commercial banks and regional rural banks is likely to cross ₹31.5 lakh crore, a new record, in FY26 due to an increased formalisation of the rural credit structure, a senior official with National Bank for Agriculture and Rural Development (Nabard) said.

1 min  |

May 14, 2025

Financial Express Kochi

Nissan shuts plants, culls jobs after loss

JAPAN'S SOFTBANK GROUP reported its first annual profit in four years on Tuesday, likely bringing relief to investors scarred by high-profile failures as it embarks on another series of mammoth tech investments.

1 min  |

May 14, 2025

Financial Express Kochi

Airtel beats the Street on one-time tax gain

Net profit down 25% q-o-q at ₹11,022 cr; Apru flat at ₹245

2 min  |

May 14, 2025

Financial Express Kochi

Customs mutual recognition pacts with 10 more countries

INDIA HAS SIGNED mutual recognition agreements (MRAs) with customs authorities of nine countries and is looking at inking such pacts with 10 more nations by December this year, a government official said on Tuesday.

1 min  |

May 14, 2025

Financial Express Kochi

Microsoft to Lay Off 3% of Workforce

MICROSOFT IS LAYING off 3% of its workforce, or roughly 7,000 employees, CNBC reported on Tuesday, as the technology giant looks to rein in costs while funneling billions of dollars into its ambitious bet on artificial intelligence.

1 min  |

May 14, 2025

Financial Express Kochi

Pak used missiles supplied by China: DG Air Operations

FOR THE FIRST time since it commenced Operation Sindoor and thwarted most of Pakistan's aerial attacks, India on Monday named China-supplied weapons in the Pakistani arsenal used against the Indian Armed Forces.

1 min  |

May 13, 2025

Financial Express Kochi

USAID cuts can't win philanthropy debate

MICROSOFT FOUNDER BILL Gates recently accused Tesla's \"technoking\" (as stated on its website) Elon Musk of \"killing the world's poorest children\" as the latter shuttered the United States Agency for International Development (USAID) in February.

3 min  |

May 13, 2025

Financial Express Kochi

Sugar exports at 0.42 MT till April

INDIA EXPORTED 0.42 million tonne of sugar till April of the ongoing 2024-25 marketing year with maximum shipments of 92,758 tonne to Somalia, trade body AISTA said on Monday.

1 min  |

May 13, 2025

Financial Express Kochi

Under pressure, Starmer pledges to cut immigration to UK

PRIME MINISTER KEIR Starmer promised on Monday to cut net migration to Britain significantly over the next four years, saying the country risked becoming \"an island of strangers\" if it could not maintain social cohesion.

2 min  |

May 13, 2025

Financial Express Kochi

Terror and trade cannot co-exist: PM to Pak

THE PRIME MINISTER said that while it was true that the present times were not an age of war, this was also not the age of terrorism.

2 min  |

May 13, 2025

Financial Express Kochi

Vedanta on the lookout for critical mineral assets

ANIL-AGARWAL-LED Vedanta has said it is exploring critical mineral assets in states like Maharashtra, Rajasthan, Bihar, Arunachal Pradesh, Karnataka and Chhattisgarh.

1 min  |

May 13, 2025

Financial Express Kochi

Gold prices slump 2.5%

SAFE-HAVEN GOLD FELL more than 2% on Monday as risk sentiment crept in following the announcement of a temporary deal between the United States and China to reduce tariffs.

1 min  |

May 13, 2025

Financial Express Kochi

Terror and trade cannot co-exist: PM to Pak

THE PRIME MINISTER said that while it was true that the present times were not an age of war, this was also not the age of terrorism.

2 min  |

May 13, 2025

Financial Express Kochi

Motilal Oswal founders invest $100 mn in Zepto

Motilal Oswal and Raamdeo Agrawal have bought shares worth $100 million in quick commerce platform Zepto, according to sources.

1 min  |

May 13, 2025

Financial Express Kochi

India to Impose Retaliatory Tariff on US Steel, Notifies WTO

India has notified the World Trade Organization (WTO) of its decision that it has proposed to impose retaliatory tariffs on the US to match extra duties Washington had put on steel and aluminum imports.

1 min  |

May 13, 2025

Financial Express Kochi

Maruti to equip entry models with six airbags as standard

MARUTI SUZUKI ON Monday announced the standardisation of six airbags across its popular entry-level models—WagonR, Alto K10, Celerio, and Eeco—becoming the second automaker in India to offer this essential safety feature in vehicles priced below ₹6 lakh.

2 min  |

May 13, 2025

Financial Express Kochi

Tata Steel Q4 profit more than doubles, beats estimates

TATA STEEL on Monday reported a 112.7% jump in its consolidated net profit for the January-March quarter at ₹1,301 crore, aided by lower input costs and operational efficiencies.

1 min  |

May 13, 2025

Financial Express Kochi

Nissan Doubles Job Cuts to 20,000

NISSAN MOTOR WILL eliminate 11,000 more jobs than previously planned, NHK reported Monday, as part of a plan to restructure its failing business.

1 min  |

May 13, 2025

Financial Express Kochi

Small bundles of highways to be offered for takeover

The lull in the use of the toll-operate-transfer (ToT) model for monetising highway assets may soon come to an end, as the government considers a shift in its approach to future bids.

1 min  |

May 13, 2025

Financial Express Kochi

From next year, we will open 10 hotels every year

The hotel industry recorded a -29% jump from the pre-Covid benchmarks in revenue per available room (RevPar) last year, a key metric to gauge the financial health of the sector.

2 min  |

May 13, 2025

Financial Express Kochi

Air services to resume at 32 airports

FOLLOWING THE MAY 10 ceasefire announcement, the government on Monday lifted the Notice to Airmen (NOTAM) for each of the 32 airports which were shut for civilian use.

1 min  |

May 13, 2025

Financial Express Kochi

Govt keeps data exclusivity out of FTA with UK

INDIA HAS PROTECTED the interest of its generic pharma industry by keeping out data exclusivity provisions from the Free Trade Agreement (FTA) with the UK.

1 min  |

May 13, 2025

Financial Express Kochi

Govt seeks first right to buy oil & gas under exigency clause

The government will hold \"pre-emption rights\" over all crude oil and natural gas produced in the country in case of a national emergency, the oil ministry said in its latest draft regulations on petroleum and natural gas rules.

2 min  |

May 13, 2025

Financial Express Kochi

50 Arrested in Assam for Pro-Pak Posts

The number of those arrested by Assam Police as part of the state's crackdown on what it calls \"Pakistan sympathisers\" in the wake of the Pahalgam attack has touched 50 — from students held after complaints by ABVP members to a 25-year-old traced and arrested from Telangana over a Facebook post.

1 min  |

May 13, 2025

Financial Express Kochi

Israeli-American Hostage Handed to Israeli Forces

HAMAS SAID IT had freed an Israeli-American hostage as fighting paused in Gaza on Monday, but there was no agreement on a wider truce or hostage release as a global hunger monitor warned of famine in the devastated enclave.

1 min  |

May 13, 2025

Financial Express Kochi

Onion buying at market rates to boost buffer

The government will soon commence procurement of onion from farmers at market prices for creating a buffer for 2025-26 under the price stabilisation fund.

2 min  |

May 13, 2025