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Financial Express Lucknow

HDFC Life profit climbs 14%

HDFC LIFE INSURANCE on Tuesday reported a 14% year-on-year (y-o-y) increase in its standalone net profit for the first quarter of FY26 at ₹546 crore.

1 min  |

July 16, 2025

Financial Express Lucknow

AWLAgri plans more acquisitions

AWLAGRI BUSINESS, formerly Adani Wilmar, is looking to beef up its presence in the southern and central markets of India via acquisition of food companies in condiments and kitchen essentials, MD & CEO Angshu Mallick said in an interaction with FE on Tuesday.

2 min  |

July 16, 2025

Financial Express Lucknow

Xi Touts 'New Model' for Urban Development

CHINESE PRESIDENT XI Jinping called for the acceleration of a \"new model\" for property development, advocating a more measured approach to urban planning and upgrades while falling short of some investors' expectations for more aggressive policies.

1 min  |

July 16, 2025

Financial Express Lucknow

Sumitomo lines up $1.1 billion for 5% more in Yes Bank

SUMITOMO MITSUI FINANCIAL Group (SMFG) is considering making an additional $1.1 billion investment in Yes Bank, people familiar with the matter said, following a previous investment made by Japan's second-biggest bank two months ago.

1 min  |

July 16, 2025

Financial Express Lucknow

Analysts See Short-Term Margin Pain for HCLTech

While HCLTech surprised the Street with a cut in margin guidance and reported a lower-than-expected Q1 profit, analysts are largely brushing off the short-term margin pressure and anticipating it to be back to normal levels as early as the next fiscal—in line with the company's outlook.

1 min  |

July 16, 2025

Financial Express Lucknow

Star Health eyes ₹20,000-crore premium in the current fiscal

Star Health & Allied Insurance, India's largest standalone health insurer, is readying to enter the life insurance space. MD & CEO Anand Roy tells Narayanan V, that the target premium for FY26 is ₹20,000 crore. Moreover, the company will deepen its presence in Tier II and III cities. Excerpts:

2 min  |

July 16, 2025

Financial Express Lucknow

Conclusion of India-Asean deal review likely by Oct

DESPITE PATCHY PROGRESS, the review of the goods trade agreement between India and Asean is expected to reach some form of conclusion by October this year, a senior official said on Tuesday.

1 min  |

July 16, 2025

Financial Express Lucknow

Muted response to ₹1 L-cr VRRR auction

Operating target of monetary policy is call money rate, says RBI governor

2 min  |

July 16, 2025

Financial Express Lucknow

Nvidia CEO: AI chip sales in China is back

NVIDIA's CEO Jensen Huang says the technology giant has won approval from the Trump administration to sell its advanced H20 computer chips used to develop artificial intelligence to China.

1 min  |

July 16, 2025

Financial Express Lucknow

Delhi Leads in Student Affordability, Mumbai Climbs to 98 in QS List

DELHI HAS EMERGED as the world's most affordable city for students, earning a near-perfect score of 96.5 out of 100 in the latest QS Best Student Cities Rankings.

2 min  |

July 16, 2025

Financial Express Lucknow

Luxury Development Boom Stokes Rise in Realty Stocks

Outperforming Benchmark Realty stocks set for fifth month of outperformance

1 min  |

July 16, 2025

Financial Express Lucknow

Govt Keeping Close Watch on Trade Diversion

TO MONITOR THE impact of trade diversion happening around the world after the US tariff action and the harmful impact it might have on the domestic sector, a mechanism has been set up in the ministry of commerce, a senior official said on Tuesday.

1 min  |

July 16, 2025

Financial Express Lucknow

Uber Taps China's Baidu for Robotaxis in Asia

UBER TECHNOLOGIES AND Baidu plan to launch robotaxis on the ride-sharing platform in several markets outside of the US and mainland China through a multiyear partnership.

1 min  |

July 16, 2025

Financial Express Lucknow

Tesla powers up luxury EV circuit with Mumbai entry

FOR YEARS, THE Tesla badge remained a distant icon for Indian car buyers—a symbol of what was possible, but not yet accessible. That changed on Tuesday, as the company entered the Indian market with the launch of the Model Y, instantly adding weight to a segment already jostling with established German names and fast-growing Chinese contenders.

1 min  |

July 16, 2025

Financial Express Lucknow

AI Partially Resumes International Flights

AIR INDIA SAID on Tuesday it would partially restore its international flight schedule that was scaled back following the crash involving its flight last month that killed 260 people.

1 min  |

July 16, 2025

Financial Express Lucknow

Kia's electric MPV India's first

KIA INDIA ON Tuesday launched the country's first all-electric MPV (multi-purpose vehicle) — the Carens Clavis EV.

1 min  |

July 16, 2025

Financial Express Lucknow

Car sales dip for second consecutive month

WITH UNSOLD VEHICLE stock piling up at dealerships, passenger vehicle (PV) manufacturers scaled back fresh dispatches in June — marking the second straight month of decline after eight consecutive months of growth.

1 min  |

July 16, 2025

Financial Express Lucknow

Citigroup Profit Beats Estimates

CITIGROUP'S PROFIT BEAT Wall Street estimates on Tuesday, as its traders brought in a windfall from turbulent markets and investment bankers gained from resilient deal-making in the second quarter.

1 min  |

July 16, 2025

Financial Express Lucknow

Ukrainians Hail Aid, Slam Trump Ultimatum

President Trump's pledge of more US-made weapons in their three-year fight against Russia's invasion, though it is unclear what exactly they will get and how quickly.

1 min  |

July 16, 2025

Financial Express Lucknow

VinFast Opens Bookings for Its Two Electric SUVs

Vietnamese electric vehicle manufacturer VinFast on Tuesday initiated pre-bookings for its much-anticipated electric SUVs, the VF 6 and VF 7, in the Indian market.

1 min  |

July 16, 2025

Financial Express Lucknow

Low inflation doesn't signal demand slowdown: Analysts

Retail inflation falling to a over six-year low of 2.1% in June was largely due to the high base of last year, and did not denote a fall in aggregate demand, analysts said.

2 min  |

July 16, 2025

Financial Express Lucknow

MTNL Defaults on Loan Payment of ₹8,585 Crore from 7 Public Banks

STATE-RUN TELECOM OPERATOR Mahanagar Telephone Nigam has formally disclosed defaults in principal and interest payments to seven public sector banks amounting to ₹8,584.93 crore.

1 min  |

July 16, 2025

Financial Express Lucknow

Wells Fargo surpasses Q2 estimates

WELLS FARGO BEAT second-quarter profit estimates on Tuesday but cut its 2025 guidance for net interest income, dropping shares of the lender 3% in trading before the bell.

1 min  |

July 16, 2025

Financial Express Lucknow

Citibank Sees IPOs Boosting India Biz

CITIBANK INDIA EXPECTS a strong year for its equity capital market business as initial public offerings (IPOs) pick up after a slow start in 2025, the Wall Street bank's India country head said.

1 min  |

July 16, 2025

Financial Express Lucknow

BlackRock's assets hit $12.53 trillion

BLACKROCK'S ASSETS UNDER management hit a new high in the second quarter as global markets rallied on the prospect of trade deals and interest-rate cuts from the US Federal Reserve, brushing aside earlier tariff-related jitters.

1 min  |

July 16, 2025

Financial Express Lucknow

Highway Construction Rises 9% in April-June

India constructed 2,108 km of highways in the first quarter of this financial year, which was 8.9% more than what was achieved during the same period of the last financial year when elections slowed activity, according to the government data.

1 min  |

July 16, 2025

Financial Express Lucknow

Jaishankar Meets Xi, Reminds SCO of Need to Combat Terror

Raises Pahalgam attack issue, says it was done to sow religious divide

2 min  |

July 16, 2025

Financial Express Lucknow

Dixon, Chinese firm form JV to make electronics component

Domestic electronic contract manufacturing firm Dixon on Tuesday said it has collaborated with Chinese company Chongqing Yuhai Precision Manufacturing for manufacturing and supply of precision components used in electronic products like laptop, mobile phones etc.

1 min  |

July 16, 2025

Financial Express Lucknow

Non-metro cities rise on job radar: LinkedIn

SMALL TOWNS, BIG CHEQUES

1 min  |

July 16, 2025

Financial Express Lucknow

Govt Can't Prepare for Contingency Till US Tariffs Are Known

The Government is in wait-and-watch mode on tariffs that the US might roll out from August 1.

1 min  |

July 16, 2025