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Financial Express Lucknow

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 Lucknow

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 Lucknow

Quick Commerce Grabs Bigger Slice of Retail Share: Kearney

While quick commerce platforms are generating 6-8% purely incremental consumption, the rest of their sales are coming at the expense of modern trade and e-commerce, followed by general trade outlets or kiranas, according to a report by global consulting firm Kearney.

1 min  |

June 06, 2025

Financial Express Lucknow

US Trade Deficit Plummets in April

THE US TRADE deficit narrowed sharply in April, with imports decreasing by the most on record as the front-running of goods ahead of tariffs ebbed, which could provide a lift to economic growth this quarter.

2 min  |

June 06, 2025

Financial Express Lucknow

The Collateral Damage of Carpet Bombing

EXPERTS CALL FOR AD FREQUENCY MANAGEMENT TO AVOID OVERKILL

3 min  |

June 06, 2025

Financial Express Lucknow

White Collar Hiring Up 22% in May

WHITE-COLLAR HIRING IN India went up 22% in May, mainly fueled by the surge in recruitment in the consumer electronics sector, according to a report on Thursday.

1 min  |

June 06, 2025

Financial Express Lucknow

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

Financial Express Lucknow

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 Lucknow

Ahead of rating review, Moody's team meets finmin officials

AMID ALLEGATIONS OF unfair treatment of India by global rating agencies, Moody's Ratings representatives met finance ministry officials on Thursday to get feedback on the state of the Indian economy for its upcoming rating review of the country.

1 min  |

June 06, 2025

Financial Express Lucknow

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 Lucknow

Reskilling rises in AI era, finds report

DESPITE RAPID TECHNOLOGICAL disruptions, Indian professionals remain optimistic about artificial intelligence and are actively upskilling — especially in AI and machine learning, according to a new report by edtech firm Great Learning.

1 min  |

June 06, 2025

Financial Express Lucknow

Pak to chair, co-chair key UNSC anti-terror panels

PAKISTAN'S APPOINTMENT TO key counter-terrorism bodies at the United Nations Security Council (UNSC) — chair of the sanctions committee against Taliban, vice-chair of counter-terrorism panel formed after 9/11, and a working group on the UN sanctions regime — has left many red faces in New Delhi.

1 min  |

June 06, 2025

Financial Express Lucknow

GQG Plans to Raise Stake in ITC, ITC Hotels

GQG Partners is planning to raise investments in ITC and its associate ITC Hotels, said a source close to the firm.

1 min  |

June 06, 2025

Financial Express Lucknow

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 Lucknow

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 Lucknow

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 Lucknow

Need to Use Latest Tech for Better Data: CEA

CHIEF ECONOMIC ADVISER V Anantha Nageswaran on Thursday said latest technology, including artificial intelligence (AI) and internet of things, needs to be used to improve quality of data, which is the bedrock of policymaking.

1 min  |

June 06, 2025

Financial Express Lucknow

Block deals surge, triggering IPOs; mood to remain upbeat

Street Smart

1 min  |

June 06, 2025

Financial Express Lucknow

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 Lucknow

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 Lucknow

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

SAF 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 Lucknow

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 Lucknow

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 Lucknow

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 Lucknow

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 Lucknow

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 Lucknow

Rare earth mineral curbs: Maruti parent halts Swift production

• Operations not hit, says India subsidiary

1 min  |

June 06, 2025

Financial Express Lucknow

Sudarshan Venu Elevated to CMD Post at TVS Motor

TVS Motor on Thursday announced that managing director Sudarshan Venu will be elevated as chairman and managing director, effective August 25, 2025.

1 min  |

June 06, 2025

Financial Express Lucknow

Trump, Xi spoke as trade and tech disputes strain ties

US PRESIDENT DONALD Trump and Chinese President Xi Jinping spoke on Thursday, according to China's foreign ministry, as trade tensions roil relations between the world's two largest economies.

1 min  |

June 06, 2025

Financial Express Lucknow

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