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Financial Express Lucknow

Moody's Cuts India's Growth Estimate to 6.3% for 2025

GLOBAL RATING AGENCY Moody's on Tuesday lowered India's GDP estimates to 6.3% from 6.5% for 2025, citing a global economic slowdown caused by heightened US policy uncertainty and trade restrictions.

1 min  |

May 07, 2025

Financial Express Lucknow

Swiggy Transfers Ownership of Private Label Biz to Kouzina

Swiggy has officially exited the private label business by granting exclusive licensing rights of its in-house, digital-first food brands to food service company Kouzina.

1 min  |

May 07, 2025

Financial Express Lucknow

KPIT Tech to Buy Caresoft's Engineering Solutions Biz for $191 Million

KPIT Technologies has acquired Caresoft Global's engineering solutions business for $191 million.

1 min  |

May 07, 2025

Financial Express Lucknow

Services sector makes marginal gains in April

INDIA'S SERVICE SECTOR began with a strong start to the new fiscal year, with the sector accelerating slightly in April, largely driven by a quicker increase in new order inflows, according to a survey by HSBC Holdings.

1 min  |

May 07, 2025

Financial Express Lucknow

Rewriting the rules for digital

DISCUSSION AT WAVES 2025, MEDIA VETERAN UDAY SHANKAR CAUTIONED AGAINST APPLYING THE SAME RULES TO FAMILY VIEWING (TV) & PERSONAL VIEWING (OTT). IS IT TIME TO REVISIT REGULATION?

2 min  |

May 07, 2025

Financial Express Lucknow

MCA Orders Probe Into Gensol, BluSmart

The Ministry of Corporate Affairs (MCA) has ordered a probe against Gensol Engineering and its affiliate firm BluSmart Mobility for alleged violation of corporate governance norms under the Companies Act.

1 min  |

May 07, 2025

Financial Express Lucknow

Shawshank Redemption gave Shetty comeback hope from back injury

ON A PARTICULARLY wretched day stuck at home, with chances of a scheduled return from a back injury fading, India's terrific doubles shuttler, Chirag Shetty, returned to his favourite movie, Shawshank Redemption.

3 min  |

May 07, 2025

Financial Express Lucknow

M&A hits 20-year low after Trump's 'Liberation Day'

BANKERS AND CEOs hit the brakes on mergers and acquisitions after US President Donald Trump launched a global trade war on April 2, with fewer deals getting signed than during the bleakest days of the COVID-19 pandemic and the 2008 global financial crisis.

1 min  |

May 07, 2025

Financial Express Lucknow

Rupee ends lower on foreign banks' dollar bids

THE RUPEE SLIPPED on Tuesday, tracking mild losses in regional peers and dollar demand from foreign banks, though broader weakness in the greenback limited the fall.

1 min  |

May 07, 2025

Financial Express Lucknow

Carney meets Trump to mend strained ties

Talks to determine the future of $900-bn trade partnership

1 min  |

May 07, 2025

Financial Express Lucknow

NSE PAT falls 31%, BSE's doubles

The National Stock Exchange (NSE), the country's biggest exchange, on Tuesday reported a net profit of ₹2,650 crore for the March quarter, a 31% fall on a quarter-on-quarter basis.

1 min  |

May 07, 2025

Financial Express Lucknow

SCHOTT Poonawalla: TPG acquires 35% from Serum

GLOBALALTERNATIVE ASSET management firm TPG has acquired a 35% stake in SCHOTT Poonawalla from Serum Institute of India (SII).

1 min  |

May 07, 2025

Financial Express Lucknow

Hamas: No Point in Gaza Truce Talks

Palestinians walk after Israel's decision to demolish their homes in Nur Shams camp, in the Israeli-occupied West Bank on Tuesday.

1 min  |

May 07, 2025

Financial Express Lucknow

'Retail health to be a key focus area for us'

General Insurance more than doubled its net profit to ₹509 crore in FY25.

2 min  |

May 07, 2025

Financial Express Lucknow

Palestinian poet Mosab wins Pulitzer Prize

Palestinian poet Mosab Abu Toha, who has faced deportation threats from pro-Israeli groups in the US, has been awarded the Pulitzer Prize for Commentary.

2 min  |

May 07, 2025

Financial Express Lucknow

Escalating Indo-Pak tensions

There is a need for dialogue and diplomacy and keeping off-ramps open to enable the neighbours to pull back from the brink of going to war

3 min  |

May 07, 2025

Financial Express Lucknow

ONDC: High shipping fees hit FPOs' sales

India Post yet to offer its services

1 min  |

May 07, 2025

Financial Express Lucknow

Aditya Birla's Indriya looks to sparkle with large stores, innovative designs

Opens 22 stores in 10 months, plans to hit 100 by FY26 end

2 min  |

May 07, 2025

Financial Express Lucknow

Algo trading: NSE lays down norms for retail investors

Boost for Responsible Innovation

2 min  |

May 07, 2025

Financial Express Lucknow

Godrej Consumer Back in Black in Q4

Clocks profit of ₹412 crore, misses estimates

1 min  |

May 07, 2025

Financial Express Lucknow

October rollout likely for western freight corridor

THE DEDICATED FREIGHT Corridor Corporation of India (DFCCIL) is expected to complete the last leg of western dedicated freight corridor (WDFC) by October 2025, three months ahead of the scheduled commissioning, a DFCCIL official told FE.

1 min  |

May 06, 2025

Financial Express Lucknow

Godrej Properties: On strong growth trajectory

SALES BOOKING GOAL FOR FY26 SET AT ₹32,500 CRORE

1 min  |

May 06, 2025

Financial Express Lucknow

SBI Research: Rate cut of 125-150 bps likely in FY26

THE RESERVE BANK (RBI) may cumulatively cut the key interest rate in the range of 125-150 basis points this fiscal amid benign inflationary patterns, an SBI Research report said on Monday.

1 min  |

May 06, 2025

Financial Express Lucknow

Tata Steel & Infosys Seek Reduction in SEZ Areas

TATA STEEL AND Infosys have requested the government for approval to reduce the sizes of their special economic zones (SEZs) due to change in their business plans.

1 min  |

May 06, 2025

Financial Express Lucknow

Retail majors on distinct paths: Reliance surges, DMart resets

INDIA'S TOP TWO organised retailers — Reliance Retail and Avenue Supermarts — have reported contrasting numbers for the quarter ended March 31, 2025 (Q4FY25), reflecting the different strategies employed by the two companies.

2 min  |

May 06, 2025

Financial Express Lucknow

New stores to drive growth for DMart

MARGIN PRESSURE TO REMAIN IN METRO MARKETS

1 min  |

May 06, 2025

Financial Express Lucknow

Some trade deals may come as soon as this week: Trump

PRESIDENT DONALD TRUMP suggested that his administration could strike trade deals with some countries as soon as this week, offering the prospect of relief for trading partners seeking to avoid higher US import duties.

2 min  |

May 06, 2025

Financial Express Lucknow

UK trade deal talks hit carbon tax roadblock

London unwilling to grant concessions on carbon-heavy imports

2 min  |

May 06, 2025

Financial Express Lucknow

Indian Bank Aims ₹6,500-Cr Recovery in FY26

Indian Bank crossed the annual net profit milestone of ₹10,000 crore for the first time in FY25. In an interaction with Narayanan V, managing director and CEO Binod Kumar discusses the credit and deposit growth plans for the current fiscal, the guidance for net interest margin (NIM) and recovery strategy. Excerpts:

3 min  |

May 06, 2025

Financial Express Lucknow

M&M Q4 profit up 22%; revenue at ₹31,353 cr

MAHINDRA & MAHINDRA (M&M) on Monday reported a 22% year-on-year (y-o-y) rise in standalone profit for the March quarter at ₹2,437 crore, helped by a richer product mix in the SUV category and a surge in tractor margins.

2 min  |

May 06, 2025