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Financial Express Pune

Tariff impact: US economy shrinks 0.2% in March qtr

THE US ECONOMY shrank at the start of the year, restrained by weaker consumer spending and an even bigger impact from trade than initially reported.

2 min  |

May 30, 2025

Financial Express Pune

Trump tariffs ruling may help in BTA talks

Exporters wait for clarity to emerge

1 min  |

May 30, 2025

Financial Express Pune

Goal is to double non-gold revenue share to 30% by FY28

Muthoot FinCorp, the flagship company of the Muthoot Pappachan Group, aims to double the revenue share from its non-gold lending portfolio to 30% over the next three years.

3 min  |

May 30, 2025

Financial Express Pune

Projects promised but not delivered on time: IAF chief

INAWAKE-UP call to the nation and the defence industry, Indian Air Force chief Air Chief Marshal AP Singh, flagging delays in critical projects, on Thursday said he could not recall a single instance of a project being completed within the stipulated timeline.

1 min  |

May 30, 2025

Financial Express Pune

Five-yearly approval of central schemes begins

THE FINANCE MINISTRY on Thursday said the government has kickstarted an elaborate exercise for five-yearly appraisals and approval of centrally sponsored schemes and central sector schemes to be made effective from April 1, 2026.

1 min  |

May 30, 2025

Financial Express Pune

PM to unveil 15 mega projects in UP today

Prime Minister Narendra Modi is scheduled to visit Kanpur on Friday, where he will inaugurate and lay the foundation stone for 15 mega development projects worth over ₹47,573 crore, the Uttar Pradesh government said.

1 min  |

May 30, 2025

Financial Express Pune

NSDC CEO Ved Mani Tiwari removed in an abrupt move

The Board of directors at the national skill development corporation (NSDC) has recently terminated Ved Mani Tiwari as CEO of the quasi-government entity operating under the ministry of skill development and entrepreneurship (MSDE).

1 min  |

May 29, 2025

Financial Express Pune

As Trump seeks Iran deal, Israel again raises possible strikes on nuke sites

As the Trump administration tries to negotiate a nuclear deal with Iran, PM Benjamin Netanyahu of Israel has been threatening to upend the talks by striking Iran's main nuclear enrichment facilities, according to officials.

1 min  |

May 29, 2025

Financial Express Pune

Not going anywhere: Nissan India MD junks exit rumours

NISSAN MOTOR INDIA has dismissed speculation about its exit from the country, reaffirming its long-term commitment to the domestic market with plans to launch three new products starting early 2026.

1 min  |

May 29, 2025

Financial Express Pune

Foodgrain output estimated at record 353 MT in 2024-25

Season Of New Records

1 min  |

May 29, 2025

Financial Express Pune

PepsiCo India logs ₹883-crore profit in 2024 after fiscal shift

Firm posts revenue of ₹9,096 cr; packaged food share at 75%

2 min  |

May 29, 2025

Financial Express Pune

Govt nod to ₹15.6K cr for farm loan interest subsidy

THE UNION CABINET on Wednesday approved ₹15,642 crore for providing interest subsidy to farmers on working capital loans for the current fiscal.

1 min  |

May 29, 2025

Financial Express Pune

AI-versus-AI arms race is redefining cybersecurity

Agentic AI represents the next wave of artificial intelligence, enabling systems to operate autonomously, make decisions, and execute tasks with minimal human intervention.

1 min  |

May 29, 2025

Financial Express Pune

The eternal student

WHILE EDTECH LEADERS ADAPT AMID FUNDING WINTER & BACK-TO-CLASSROOM SHIFT, GAURAV MUNJAL HOLDS INVESTOR LEVERAGE WITH CASH STILL IN THE BANK

3 min  |

May 29, 2025

Financial Express Pune

Netanyahu: Hamas Gaza chief Sinwar eliminated

ISRAELI PRIME MINISTER Benjamin Netanyahu said on Wednesday that Israel had eliminated Hamas Gaza chief Mohammad Sinwar, one of its most wanted targets and the younger brother of the deceased group's leader, Yahya Sinwar.

1 min  |

May 29, 2025

Financial Express Pune

Industrial Output Slows to 8-Month Low

HOWEVER, THE COMBINED weight of these 16 sectors in manufacturing is 49.7%. Furthermore, only 11 sub-sectors out of a total 23, had a higher year-on-year (y-o-y) growth than the overall output growth in April 2025, illustrating the skewness in the industrial growth,\" Paras Jasrai, economist at India Ratings, said.

1 min  |

May 29, 2025

Financial Express Pune

VC firms employ AI to automate...

SOMSHUBHRO PAL CHOUDHURY, co-founder and partner at Bharat Innovation Fund, described the process as AI \"sifting through thousands of startups\" to identify those that align with a fund's investment thesis, dramatically improving the ability to detect promising opportunities early.

1 min  |

May 29, 2025

Financial Express Pune

TCS CEO gets a pay hike...

CHIEF FINANCIAL OFFICER Samir Seksaria received a 7.8% increase in remuneration for FY25.

1 min  |

May 29, 2025

Financial Express Pune

IndusLaw, CMS Tie Up as India Allows Entry of Foreign Firms

Global Collaboration

2 min  |

May 29, 2025

Financial Express Pune

Lagarde Discussed Leaving ECB Early

EUROPEAN CENTRAL BANK President Christine Lagarde has discussed cutting short her term to chair the World Economic Forum, the organisation's departed founder Klaus Schwab told the Financial Times in an interview.

1 min  |

May 29, 2025

Financial Express Pune

Prices of imported liquor to drop with UK FTA: Pernod

Pernod Ricard India on Wednesday said a reduction in prices of imported liquor following the implementation of the India-UK free trade agreement (FTA) will lead to lower retail prices across most states.

1 min  |

May 29, 2025

Financial Express Pune

Early diagnosis, timely cure

BREAST CANCER is the most common cancer in women worldwide. In India, it accounts for 28% of all female cancers. Late diagnosis and inadequate access to quality treatment are major challenges, leading to lower survival rates. While mammography remains the gold standard screening technique, it has limitations—the test does not detect all cancers, is not effective in dense breast tissue, and there are also concerns around radiation exposure. It is also not readily available everywhere due to limited resources, infrastructure constraints, and cost.

2 min  |

May 29, 2025

Financial Express Pune

TCS crosses $30 bn in FY25 revenue as GenAI sparks civilizational shift

Generative AI was the most transformative force in 2024, driving profound changes across a wide range of technologies, including semiconductors, cloud computing, quantum technologies, robotics, and energy, Tata Consultancy Services (TCS) chairman N Chandrasekaran said in the company's annual report for FY25.

2 min  |

May 29, 2025

Financial Express Pune

Policy-easing bets fuel rally in bonds, yield at 3.5-yr low

GOVERNMENT BONDS RALLIED on Wednesday, with the 10-year yield slipping to the lowest in more than three-and-a-half years, in anticipation of a further monetary policy easing by the Reserve Bank of India next week.

1 min  |

May 29, 2025

Financial Express Pune

Nissan Plans to Raise $7 Billion With Backing From UK Govt

Nissan Motor, facing a huge loan repayment wall next year, is seeking to raise more than ¥1 trillion ($7 billion) from debt and asset sales to keep operations on track, according to internal documents seen by Bloomberg.

1 min  |

May 29, 2025

Financial Express Pune

Our funds will target wider audience

South Africa's largest asset manager, $80-billion Sanlam Group, picked up a 23% stake in Shriram AMC for ₹105 crore on Tuesday to become a co-promoter.

2 min  |

May 29, 2025

Financial Express Pune

Oberoi Hotels exits airport lounge biz

OBEROI HOTELS AND Resorts, managed by EIH, sees \"no chance\" of regaining its airport lounge business in Mumbai and will focus on in-flight catering segment instead to make up for the lost revenue.

1 min  |

May 29, 2025

Financial Express Pune

Washington and Moscow trade blows over Ukraine war

THE UNITED STATES and Russia quarrelled in public on Wednesday over the intensifying Ukraine war after US President Donald Trump warned that President Vladimir Putin was \"playing with fire\" and Moscow massed 50,000 troops near a Ukrainian region.

1 min  |

May 29, 2025

Financial Express Pune

Bond market gets a boost as first forwards deal takes off

Kotak Life and JP Morgan execute the deal valued at ₹20 cr

2 min  |

May 29, 2025

Financial Express Pune

Vikram Singh Mehta appointed IndiGo chairman

INDIGO, THE COUNTRY'S largest airline, on Wednesday announced the appointment of Vikram Singh Mehta as the new chairman, succeeding Venkataramani Sumantran.

1 min  |

May 29, 2025