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Financial Express Mumbai

Overseas-listed bonds may witness slow offtake online

THE PROPOSED INCLUSION of overseas listed bonds and tax-saving bonds on online bond platform providers (OBPPs) is unlikely to drive volumes immediately, but these products should become popular over time.

2 min  |

May 07, 2026

Financial Express Mumbai

Report: ECLGS 5.0 to benefit 11 mn MSMEs

SBI RESEARCH HAS said the Emergency Credit Line Guarantee Scheme (ECLGS 5.0), approved amid disruptions arising from the West Asia conflict, is expected to benefit around 11 million micro, small and medium enterprises (MSMEs).

1 min  |

May 07, 2026

Financial Express Mumbai

From bits to full stack

SPACETECH STARTUPS SCALE ACROSS LAUNCH, SATELLITES AND DATA SERVICES

2 min  |

May 07, 2026

Financial Express Mumbai

Meesho narrows loss to ₹166 crore

E-COMMERCE UNICORN MEESHO narrowed its net loss to 166 crore in the March quarter, from 71,391 crore in the year-ago period, largely due to a onetime cost it had recorded in Q4 FY25.

1 min  |

May 07, 2026

Financial Express Mumbai

SpaceX plans $55-bn chip factory in Texas

ELON MUSK'S SPACEX estimated a chip factory it plans to build along with Tesla Inc. will cost at least $55 billion, with total investment potentially exceeding the amount the rocket maker aims to raise from a record initial public offering.

1 min  |

May 07, 2026

Financial Express Mumbai

Air India cuts over 500 flights globally

EUROPEAN ROUTES HAVE also seen lower frequencies as the airline adjusts capacity across its international network.

1 min  |

May 07, 2026

Financial Express Mumbai

Ban on bilateral sports with Pakistan to continue: Govt

THE MINISTRY OF Youth Affairs and Sports reiterated that bilateral sporting ties between India and Pakistan will remain suspended, while allowing athletes from both countries to compete in multilateral international events, including those hosted in India.

1 min  |

May 07, 2026

Financial Express Mumbai

S&P slashes India growth outlook for FY27 to 6.6%

INDIA'S ECONOMIC GROWTH is expected to moderate in FY27 amid the West Asia war, with GDP expansion projected at 6.6% compared with the earlier projection of 7.1%, according to S&P Global.

1 min  |

May 07, 2026

Financial Express Mumbai

'Quit anytime' clause for top execs may go

Govt may soften proposal allowing KMPS to walk out without notice after India Inc pushback

3 min  |

May 07, 2026

Financial Express Mumbai

Services sector growth hits 5-mth high in April

INDIA'S SERVICES ACTIVITY accelerated in April, recording the strongest expansion in five months, driven by robust domestic demand, a surge in e-commerce, and greater reliance on local suppliers amid global supply chain challenges caused by the conflict in West Asia, S&P Global said on Wednesday.

1 min  |

May 07, 2026

Financial Express Mumbai

Banking likely to be steady in FY27

For banks, two primary concerns will be quality of assets and the prospect of caution around new investment projects or expansion in the first half

3 min  |

May 07, 2026

Financial Express Mumbai

A year after Op Sindoor: Underground infra, air defence among top priorities

THE EARLY HOURS of May 7 will mark one year of Operation Sindoor, a strike by the Indian armed forces on terror targets in Pakistan-occupied Kashmir (PoK) and Pakistan followed by hostilities between the two countries over four days.

2 min  |

May 07, 2026

Financial Express Mumbai

‘War, Re may boost NRI deposit inflows’

South Indian Bank reported a record net profit of ₹1,455 crore in FY26, while gross advances grew 15% to cross the ₹1 lakh-crore mark.

1 min  |

May 07, 2026

Financial Express Mumbai

No major lapses at HDFC Bank, finds governance review

SHARES RALLY

1 min  |

May 07, 2026

Financial Express Mumbai

Disney Q2 earnings beat estimates

WALT DISNEY'S NEW Chief Executive Josh D’Amaro laid out his strategy for the entertainment company on Wednesday, saying it would remain committed to creative excellence, strengthen its streaming business, capitalize on the power of live sports and continue to invest in its theme parks and cruise lines.

1 min  |

May 07, 2026

Financial Express Mumbai

Cyber security boost for rural banks

AS REGIONAL RURAL Banks (RRBs) and cooperative banks deepen their digital footprint, they are becoming increasingly vulnerable to cyber threats such as ransomware, phishing and advanced persistent attacks—risks that can disrupt services, erode customertrust and expose sensitive financial data.

1 min  |

May 07, 2026

Financial Express Mumbai

India targeting $25-bn trade with Vietnam by 2030: PM

13 PACTS SIGNED TO PROVIDE FOR DEEPER ENGAGEMENTS

1 min  |

May 07, 2026

Financial Express Mumbai

GCC footprint in India widens to 2.1K centres: Nasscom & Zinnov

INDIA'S GLOBAL CAPABILITY centre (GCC) ecosystem has expanded to 2,117 centres operating across 3,728 units, employing 2.36 million professionals and generating $98.4 billion in revenue as of FY26, according to a joint report by Nasscom and Zinnov.

1 min  |

May 07, 2026

Financial Express Mumbai

Air India cuts over 500 flights globally as fuel prices soar

AIR INDIA HAS reduced more than 500 international flights a month from its schedule this summer as rising jet fuel prices and airspace restrictions weigh on the profitability of long-haul operations.

1 min  |

May 07, 2026

Financial Express Mumbai

Foodgrain stocks hit 60.4 MT

THE GOVERNMENT'S WHEAT and rice reserves held in Food Corporation of India (FCI) godowns rose to 60.4 million tonne as on April 1, nearly three times the mandatory buffer requirement of 21.04 million tonne, official data showed.

1 min  |

May 07, 2026

Financial Express Mumbai

‘We expect formalisation trend to continue’

Marico’s strong FY26 performance—marked by its highest volume growth in seven years in its India business—was driven by what managing director and CEO Saugata Gupta calls ‘multiple vectors of growth’

2 min  |

May 07, 2026

Financial Express Mumbai

Beyond the bloodline

THE SURVIVAL OF FAMILY CAPITALISM INCREASINGLY DEPENDS ON BEHAVING LESS LIKE A FAMILY ENTERPRISE

4 min  |

May 07, 2026

Financial Express Mumbai

‘Will stay retail-focused in FY27’

J&K Bank will continue to prioritise retail lending in FY27 and will raise 1,250 crore of capital. MD and CEO Amitava Chatterjee tells Kshipra Petkar, deposits could grow by 10% and loans by 12%. Excerpts:

1 min  |

May 07, 2026

Financial Express Mumbai

Local elections could hasten exit of UK PM

BRITISH VOTERS WILL cast ballots Thursday in elections that could hasten the end of Prime Minister Keir Starmer’s troubled term and confirm that an increasingly fractured United Kingdom has entered an era of messy multiparty politics.

1 min  |

May 07, 2026

Financial Express Mumbai

Indian companies commit $20.5 bn in US

INDIAN COMPANIES HAVE pledged to invest a record $20.5 billion in the United States, which includes $19.1 billion in pharmaceuticals, the US embassy said on Wednesday.

1 min  |

May 07, 2026

Financial Express Mumbai

PB Fintech FY26 profit jumps 90%

PB FINTECH, THE parent of Policybazaar and Paisabazaar, reported a 90% year-on-year rise in consolidated net profit to 670 crore for FY26, driven by strong growth in life and health insurance premium sales as well as traction in new business initiatives.

1 min  |

May 07, 2026

Financial Express Mumbai

GCPL profit up 10% in Q4, revenue rises 11%

GODREJ CONSUMER PRODUCTS (GCPL) posted a 10% rise in consolidated net profit to ₹452 crore in Q4, up from ₹412 crore reported in the same quarter last year.

1 min  |

May 07, 2026

Financial Express Mumbai

Oil prices drop amid deal hopes

US CORPORATE PROFIT ENGINE CONTINUES TO RALLY STOCKS TO RECORD HIGHS

1 min  |

May 07, 2026

Financial Express Mumbai

UltraTech, Ambuja chart different growth paths

INDIA'S TWO LARGEST cement makers were in a heated race to outdo each other in terms of capacity just a year ago.

1 min  |

May 07, 2026

Financial Express Mumbai

AI boom’s chipmaker moment ignores history

SEMICONDUCTORS ARE PULLING ahead of everything else in the stock market, including the vaunted hyperscalers that helped drive extraordinary returns from 2022 through 2025.

2 min  |

May 07, 2026