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Financial Express Pune

Amazon India Introduces ₹5 Platform Fee

E-COMMERCE MAJOR Amazon India has started levying a flat ₹5 marketplace fee on every customer order in a bid to support the platform's operational costs.

1 min  |

June 06, 2025

Financial Express Pune

Tharoor hits back: India above party

ANYBODY WHO CONSIDERS working in the \"national interest\" as \"anti-party activity\" needs to question themselves, Congress leader Shashi Tharoor has said even as he brushed aside speculation over his quitting the main Opposition party.

1 min  |

June 06, 2025

Financial Express Pune

BoB forecasts inflation for May at 2.7%

THE STATISTICS MINISTRY is looking to use a host of alternative data sources such as over-the-top (OTT) platforms and online portals for air and rail travel as part of the new Consumer Price Index (CPI)-based retail inflation series and other official statistics, secretary Saurabh Garg said.

2 min  |

June 06, 2025

Financial Express Pune

Riju Ravindran in NCLT for GLAS Trust's exit from CoC

RIJU RAVINDRAN, CO-FOUNDER and former promoter of Think and Learn, which owns debt-ridden edtech firm Byju's, has moved insolvency tribunal NCLT for removal of GLAS Trust as the financial creditor and from its Committee of Creditors.

1 min  |

June 06, 2025

Financial Express Pune

Actor Jeetendra sells ₹855-cr property

BOLLYWOOD STAR JEETENDRA and his family have sold land parcels and buildings in Andheri (Mumbai) to NTT Global Data Centers & Cloud Infrastructure India for ₹855 crore.

1 min  |

June 06, 2025

Financial Express Pune

Rapid uptake of crypto in developing economies a concern, says Gopinath

INTERNATIONAL MONETARY FUND'S (IMF) first deputy managing director Gita Gopinath on Thursday flagged concerns about the rise of crypto uptake in developing economies, saying that though nascent, it poses a risk in terms of currency substitution.

2 min  |

June 06, 2025

Financial Express Pune

FPI holding in BSE 200 falls in Q4

THE NET OWNERSHIP of foreign portfolio investors (FPI) in BSE 200 companies decreased to 20.2% in the March quarter, from 20.4% in the December quarter, while that of domestic institutions such as mutual funds increased from 16.9% to 17.5%, data released by Kotak Research on Thursday showed.

1 min  |

June 06, 2025

Financial Express Pune

Tesla Is Being Eaten Alive by Rivals It Inspired

THE BIGGEST STORY swirling around Tesla right now concerns chief executive Elon Musk's sudden, if unsurprising, break with a leader who is as calm and unassuming as he is, President Donald Trump.

3 min  |

June 06, 2025

Financial Express Pune

Can set up enclaves for Italian investors: Minister

Goyal said the enclaves can be set up along the industrial corridors where these businesses can set up manufacturing facilities & offices

1 min  |

June 06, 2025

Financial Express Pune

Elusive peace

The world has a huge stake in a negotiated end to the ongoing conflicts in Ukraine and Gaza

2 min  |

June 06, 2025

Financial Express Pune

Quick commerce grabs bigger slice of retail share: Kearney

Just A Click Away

2 min  |

June 06, 2025

Financial Express Pune

Block deals surge, triggering IPOs; mood to remain upbeat

Street Smart

1 min  |

June 06, 2025

Financial Express Pune

India's FTAs need a tailor, not a template

A static template approach undermines the dynamic, context-sensitive evolution that a maturing economy like India requires

4 min  |

June 06, 2025

Financial Express Pune

MDR Fee on UPI Coming

THE PAYMENTS COUNCIL of India (PCI), an industry body representing 180 members, said the subsidy was insufficient against the annual estimated cost of ₹10,000 crore for maintaining and expanding the digital payments ecosystem.

1 min  |

June 06, 2025

Financial Express Pune

ECB cuts rates as bets build on a summer pause

THE ECB cut interest rates as expected on Thursday and said it believed it was now well-positioned to cope with global economic uncertainty, as market bets grew on a summer pause in its year-long easing cycle.

1 min  |

June 06, 2025

Financial Express Pune

CEO Tops Up Collateral as Ola Shares Slump

BHAVISH AGGARWAL, founder and chief executive officer of Ola Electric Mobility, paid about ₹20 crore in cash to top up collateral for borrowings against shares, sources said, as the stock slid on poor sales.

1 min  |

June 06, 2025

Financial Express Pune

Drone startups soar...

ANOTHER FAST-RISING player, IG Drones, saw its revenue grow by 330% in FY25 to ₹22.4 crore.

1 min  |

June 06, 2025

Financial Express Pune

The collateral damage of carpet bombing

Experts call for ad frequency management to avoid overkill

3 min  |

June 06, 2025

Financial Express Pune

FIR against RCB, state cricket body, HC seeks status report

Bengaluru police on Thursday booked Royal Challengers Bengaluru, an event management company and the Karnataka State Cricket Association (KSCA) administration in a suo motu case in connection with Wednesday's stampede near the Chinnaswamy stadium.

2 min  |

June 06, 2025

Financial Express Pune

First meet in Mumbai for India-Middle East-Europe corridor

THE FIRST MEETING on India-Middle East-Europe Economic Corridor (IMEEC) is likely to be held in Mumbai to set the ball rolling on the ambitious project.

1 min  |

June 06, 2025

Financial Express Pune

Tech Mahindra rides on GenAI to boost productivity by 30-50%

IT COMPANYTECH Mahindra has shaped its Generative AI (GenAI) strategy around a framework it calls \"AI delivered right,\" which focuses on four key outcomes, Kunal Purohit, President - Next Gen Services at the company told FE.

2 min  |

June 06, 2025

Financial Express Pune

APM gas price cut likely to aid city gas profitability

The recent reduction in prices of domestic gas is likely to improve profitability of the country's city gas distribution companies, analysts believe.

2 min  |

June 06, 2025

Financial Express Pune

Trump bars entry for 12 nations

US PRESIDENT DONALD Trump signed a proclamation on Wednesday banning the citizens of 12 countries from entering the U.S., saying the move was needed to protect against \"foreign terrorists\" and other security threats.

1 min  |

June 06, 2025

Financial Express Pune

Procter & Gamble to cut 7,000 jobs in 2 yrs

PROCTER & GAMBLE will cut 7,000 jobs over the next two years, as the Tide detergent maker contends with an uncertain spending environment, fueled in part by US tariffs that have roiled many consumer companies.

1 min  |

June 06, 2025

Financial Express Pune

China's security signals

HINA'S FIRST WHITE paper on \"China's National Security in the New Era\" (WPNS) was released on May 12.

3 min  |

June 06, 2025

Financial Express Pune

Aim to cut share of unsecured loans from 47% to 30% in 3-4 years

ESAF Small Finance Bank is recalibrating its lending strategy to focus on secured, retail asset-led growth, while gradually reducing its exposure to the microfinance segment.

2 min  |

June 06, 2025

Financial Express Pune

Nagaraju Writes to Chief Secretaries, Urges Them to Protect Bank Staff

FINANCIAL SERVICES SECRETARY M Nagaraju has asked chief secretaries of all states to protect bank staff and ensure uninterrupted public access to banking.

1 min  |

June 06, 2025

Financial Express Pune

Snitch targets ₹900-cr revenue in FY26

FAST FASHION D2C startup Snitch is expecting its revenue to rise 80% and touch ₹900 crore in FY26, as compared to around ₹500 crore in FY25, according to its founder & CEO Siddharth Dungarwal.

1 min  |

June 06, 2025

Financial Express Pune

Active Covid cases near 5,000, seven new deaths reported

ACTIVE COVID-19 CASES have increased to 4,866 in India and seven deaths have been reported in the last 24 hours till 8 am on Thursday, according to the ministry of health and family welfare.

1 min  |

June 06, 2025

Financial Express Pune

Agri yield may dip 25% due to climate change

INDIA'S AGRICULTURE SECTOR could face up to 25% yield losses due to climate-related disruptions, according to a new report by a farmers' body.

1 min  |

June 06, 2025