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Financial Express Kochi

India Offers to Cut Tariff Gap to Seal US Trade Deal

IT LOWERS AVERAGE British tariffs on US goods but keeps in place the 10% base tariff imposed by Washington on British goods, likely setting a template for Washington's approach with other trading partners.

1 min  |

May 10, 2025

Financial Express Kochi

Nvidia Modifies H20 Chip for China

NVIDIA PLANS TO release a downgraded version of its H20 artificial intelligence chip for China in the next two months, following U.S. export restrictions on the original model, three sources familiar with the matter told Reuters.

1 min  |

May 10, 2025

Financial Express Kochi

Hiring in IT sector up 16% in April: foundit

HIRING IN THE IT sector grew 16% year-on-year in April, driven by factors such as AI adoption, cloud modernisation, and the continued expansion of Global Capability Centers (GCCs), a report said on Friday.

1 min  |

May 10, 2025

Financial Express Kochi

Low-cost deposit pressure may ease by Q3

Canara Bank is fine-tuning its gold loan portfolio in line with regulatory guidance, based on ongoing discussions, said MD and CEO K. Satyanarayana Raju in a conversation with Narayanan V.

3 min  |

May 10, 2025

Financial Express Kochi

ReNew eyes US market for solar modules

ReNew Energy is betting big on export of solar modules, with the expectation of major gains in the US market, as competitors from Southeast Asian nations face additional tariff barriers.

1 min  |

May 10, 2025

Financial Express Kochi

Europe, Japan, China, South Korea gain at the expense of US, UK, Australia and Canada

THE RESTRICTIVE VISA policies introduced by the \"big four\" study-abroad destinations — the US, the UK, Canada and Australia — over the past 18 months have resulted in these countries ceding ground to \"non-traditional\" destinations, with more and more students from India and other countries looking deeper into Europe and Asia.

1 min  |

May 10, 2025

Financial Express Kochi

Forex reserves drop $2 billion, snap 8-week streak of gains

INDIA'S FOREIGN EXCHANGE reserves declined by $2.07 billion, to $686.06 billion as of May 2, snapping an eight-week gaining streak that had lifted reserves to a near six-month high, data released by the central bank on Friday showed.

1 min  |

May 10, 2025

Financial Express Kochi

India Opposes Bailout for Pak at IMF

INDIA ON FRIDAY opposed International Monetary Fund's (IMF) fresh lending programme for Pakistan saying that there is a possibility that these funds may be used for sponsoring cross-border terrorism.

1 min  |

May 10, 2025

Financial Express Kochi

Rupee rises 22 paise to 85.36 against US dollar

THE RUPEE PARED its initial losses and settled for the day higher by 22 paise at 85.36 against the US dollar on Friday, as likely intervention by the Reserve Bank of India helped contain excess depreciation of the rupee.

1 min  |

May 10, 2025

Financial Express Kochi

Blasts in J&K, parts of Punjab

IN PATHANKOT, FEROZEPUR, locals claimed that they heard sound of explosions while similar reports also came in from Gurdaspur and Tarn Taran's Patti area although there was no official confirmation about what caused the sound.

1 min  |

May 10, 2025

Financial Express Kochi

SAS to expand R&D in India

Strategic Move

2 min  |

May 10, 2025

Financial Express Kochi

Alphabet Shares Take $115 Billion Blow as Search Warnings Blare

Downward Dip

2 min  |

May 10, 2025

Financial Express Kochi

Anti-dumping duty imposed on Chinese, Vietnamese solar glass

INDIA HAS IMPOSED anti-dumping duty on imports of textured tempered glass — a key component in solar panels — from China and Vietnam.

1 min  |

May 10, 2025

Financial Express Kochi

Lost cities & whispers of the Indus

THE AREA AROUND Dholavira in Gujarat is so pristine that when we decided to explore the ruins of this ancient city, the aim was to leave a minimum carbon footprint, and that could only have been achieved with an electric car.

2 min  |

May 10, 2025

Financial Express Kochi

No major impact of UK FTA: Mercedes MD

INDIA'S FREE TRADE agreement (FTA) with Britain won't cause any dramatic change to the luxury car industry as most of such vehicles are partially manufactured here anyway, said the head of India's largest luxury carmaker Mercedes Benz.

1 min  |

May 10, 2025

Financial Express Kochi

The Trump effect in global polls

VEN BEFORE HE took office for the second term, Donald Trump openly and frequently mused about annexing Greenland, a Danish-controlled self-governing protectorate.

4 min  |

May 10, 2025

Financial Express Kochi

Justice from bottom of the pyramid

JUSTICE GAVAI BRINGS A SEASONED PRACTICALITY TO THE JOB. HE ACTIVELY SEEKS PEACEFUL RESOLUTIONS OF CIVIL AND MATRIMONIAL DISPUTES

3 min  |

May 10, 2025

Financial Express Kochi

PSBs' FY25 profit hits a high of ₹1.78L cr

PUBLIC SECTOR BANKS' cumulative profit rose to a record level of ₹1.78 lakh crore in FY25, registering a growth of 26% over the previous year.

1 min  |

May 10, 2025

Financial Express Kochi

Swiggy losses nearly double

FOOD AND GROCERY delivery platform Swiggy on Friday reported a sharp 94.8% year-on-year increase in its net loss to ₹1,081.18 crore for the January-March quarter, significantly exceeding Bloomberg's estimate of ₹778 crore.

2 min  |

May 10, 2025

Financial Express Kochi

Chinese exporters get goods moving, again

CHINA-BASED SHIPPING agents have resumed buying container space for goods headed for America after a series of US tariff-induced cancellations, as Beijing and Washington head for trade talks in Switzerland.

2 min  |

May 10, 2025

Financial Express Kochi

'Big four' study-abroad destinations losing ground

THE RESTRICTIVE VISA policies introduced by the \"big four\" study-abroad destinations — the US, the UK, Canada and Australia — over the past 18 months have resulted in these countries ceding ground to \"non-traditional\" destinations, with more and more students from India and other countries looking deeper into Europe and Asia.

2 min  |

May 10, 2025

Financial Express Kochi

Vanguard slashes Ola's valuation to $1.25 billion

US-BASED ASSET management company Vanguard has marked down Ola's valuation to $1.25 billion, according to an SEC filing.

1 min  |

May 10, 2025

Financial Express Kochi

Monthly warehousing rent grows 2-5% in Jan-March

THE AVERAGE MONTHLY rent for warehousing spaces rose 2-5% annually in the January-March period across eight major cities on better demand, according to Knight Frank.

1 min  |

May 10, 2025

Financial Express Kochi

Tata Motors' JLR Set to Gain From US-UK Pact

Trade Boost

1 min  |

May 10, 2025

Financial Express Kochi

The Great Productivity Boom Is Taking a Break

THE GREAT PRODUCTIVITY boom of the 2020s isn't over, but it's having an interlude.

3 min  |

May 10, 2025

Financial Express Kochi

Govt reviewing US demand for less curbs on GM crop imports

INDIA IS ANALYSING a US request to ease restrictions around the purchase of genetically modified crops as part of ongoing trade negotiations between the two countries, people aware of the matter said.

1 min  |

May 10, 2025

Financial Express Kochi

SIP Contributions Hit Record High of ₹26,632 Crore in April

Overall equity inflows dropped to a 12-month low

2 min  |

May 10, 2025

Financial Express Kochi

New Pope Wants Church To Be A Beacon Of Light

POPE LEO XIV celebrated his first Mass on Friday in the Sistine Chapel where he was elected less than 24 hours earlier, warning of the dangers caused by a lack of faith and hoping the Catholic Church could be a beacon lighting the world's \"dark nights.\"

2 min  |

May 10, 2025

Financial Express Kochi

IRB Infra posts 10% rise in toll revenue in Apr

IRB INFRASTRUCTURE HAS posted a 10% rise in its toll revenue to ₹554 crore in April compared to ₹503 crore in the same month last year.

1 min  |

May 10, 2025

Financial Express Kochi

Odisha eyes ₹1.2L-crore petchem projects

ODISHA is expecting a ₹1.2 lakh crore ($14.1 billion) investment over the next 10 years to build a petrochemical hub near the Bay of Bengal, according to a senior government official.

1 min  |

May 10, 2025