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Financial Express Chennai

May LPG imports from US rise 73%

INDIA'S LIQUEFIED PETROLEUM gas (LPG) imports rose nearly 25% month-on-month in May, driven largely by a 73% increase in cargoes from the US. This comes as importers turned to alternative suppliers amid disruptions in traditional Gulf shipments following the West Asia conflict.

1 min  |

June 04, 2026

Financial Express Chennai

Waiting for rain, bracing for pain

DRY RUN Monsoon 2026 is shaping up to be one of the weakest in over a decade. The first of a three-part series looks at what this means for consumer companies and the rural demand

2 min  |

June 04, 2026

Financial Express Chennai

Rewriting the playbook

HOW A SAVINGS ACCOUNT STRATEGY RESHAPED IDFC FIRST BANK

1 min  |

June 04, 2026

Financial Express Chennai

DeepSeek nears sealing $7-bn AI funding deal

DEEPSEEK IS CLOSE to finalising a deal to raise about 50 billion yuan from investors including Tencent Holdings and its own founder in one of China’s largest startup financings, a milestone for a domestic AI industry seeking capital to take on marquee names like OpenAI.

1 min  |

June 04, 2026

Financial Express Chennai

Govt plans to buy drones worth ₹20,000 crore

INDIA IS LIKELY to order more than ₹20,000 crore worth of military drones from domestic firms this year in its biggest such purchase, an industry body working with the government told Reuters, as global and regional conflicts boost demand.

1 min  |

June 04, 2026

Financial Express Chennai

Enable oldest asset on a digital platform

INDIAN HOUSEHOLDS HOLD about 34,600 tonnes of gold worth $5 trillion, accounting for roughly 65% of non-property household wealth. India accounts for about 26% of global gold demand, second only to China, according to the World Gold Council.

4 min  |

June 04, 2026

Financial Express Chennai

The small keyboard with a big mission

WHAT STARTED AS a father’s attempt to help his son with Kannada homework has evolved into a privacy-first language tool that supports 21 Indian languages.

1 min  |

June 04, 2026

Financial Express Chennai

RBI dismisses gold sale rumours; reserves steady

DEBUNKING REPORTS OF gold sale, the Reserve Bank of India on Wednesday said there is no change in the physical stock of gold, which remains unchanged at 880.52 tonnes.

1 min  |

June 04, 2026

Financial Express Chennai

Microsoft launches AI executive assistant

MICROSOFT LAUNCHED NEW artificial intelligence software designed to function like an always-active executive assistant, the latest evolution of its workplace AI efforts.

1 min  |

June 04, 2026

Financial Express Chennai

Focus on E100 cost amid flex-fuel push

CENTRE LIKELY TO FIX ETHANOL FUEL RATES AT 15-20% DISCOUNT TO PETROL

2 min  |

June 04, 2026

Financial Express Chennai

When cloud costs escalate

CLOUD WAS MEANT to make technology spending more flexible. Instead, for many organisations, it has become one of the fastest-growing and least predictable costs on the balance sheet.

2 min  |

June 04, 2026

Financial Express Chennai

Building a smarter bank

DIGITAL INNOVATION AND AI ARE DRIVING EFFICIENCY, ENGAGEMENT AND FUTURE GROWTH

2 min  |

June 04, 2026

Financial Express Chennai

Airlines lose 1.2 mn international flyers

DOMESTIC CARRIERS’ INTERNATIONAL TRAFFIC FALLS 39% IN APRIL ON WAR DISRUPTIONS

2 min  |

June 04, 2026

Financial Express Chennai

DK Shivakumar takes oath as Karnataka CM

STATE CONGRESS PRESIDENT DK Shivakumar took oath as Karnataka Chief Minister on Wednesday and 13 other legislators, including senior leader G Parameshwara, were sworn in as ministers in his Cabinet.

1 min  |

June 04, 2026

Financial Express Chennai

Sebi issues warning to ICICI Pru AMC

ICICI PRUDENTIAL Asset Management Company (AMC) received the Indian markets regulator’s administrative warning letter on Tuesday against its alternative investment fund after a complaint from an investor.

1 min  |

June 04, 2026

Financial Express Chennai

Hero launches flex-fuel bikes Splendor Plus and HF Deluxe

HERO MOTOCORP ON Wednesday launched flex-fuel versions of its bestselling Splendor+ and HF Deluxe motorcycles, signalling a broader push into ethanol-based mobility as it prepares to extend the technology across its entire product portfolio over the next one to two years.

1 min  |

June 04, 2026

Financial Express Chennai

Rupee reels under fresh oil spike

Currency falls 44 paise after hitting 95.80

1 min  |

June 04, 2026

Financial Express Chennai

Infosys' Parekh tops tech CEO pay chart

INFOSYS CHIEF EXECUTIVE Officer Salil Parekh remained the highest-paid CEO among the country’s top information technology services companies in FY26, drawing total compensation of ₹82.6 crore.

1 min  |

June 04, 2026

Financial Express Chennai

Gulf tensions escalate as Iran hits Kuwait, US strikes near Hormuz

LATEST ATTACKS TEST A SHAKY CEASEFIRE, LIFT OIL PRICES UP BY MORE THAN 2%

1 min  |

June 04, 2026

Financial Express Chennai

Ola valuation down 99% from 2021 peak

US ASSET MANAGER Vanguard has slashed the valuation of Ola Consumer to about $70.3 million, according to its latest filing with the US Securities and Exchange Commission (SEC), a nearly 99% markdown from the ride-hailing firm’s peak valuation of $7.3 billion.

1 min  |

June 04, 2026

Financial Express Chennai

Centre okays aviation relief with ₹10,000-cr ATF fund

THE UNION CABINET on Wednesday approved a ₹10,000-crore aviation turbine fuel (ATF) price stabilisation fund, expanding the Centre’s support package for the aviation sector.

2 min  |

June 04, 2026

Financial Express Chennai

Tax cuts for foreign bond buyers may come soon

20% LEVY ON INTEREST EARNED LIKELY TO GO

1 min  |

June 04, 2026

Financial Express Chennai

₹9,585-cr scheme to replace old trucks, buses in Delhi-NCR: Govt

THE UNION CABINET on Wednesday approved a two-year incentive scheme with an outlay of ₹9,585 crore aimed at replacing older, polluting trucks and buses in the Delhi-NCR area.

1 min  |

June 04, 2026

Financial Express Chennai

From losses to profits: Oyo's strategy reset begins to pay off

FIVE YEARS AFTER reporting losses of nearly ₹4,000 crore and undertaking large-scale layoffs during the pandemic, Oyo is showing signs that a sweeping overhaul of its business model is paying off.

2 min  |

June 04, 2026

Financial Express Chennai

RBI DG: Banks must brace for unknown risks

THE RESILIENCE OF banks will shift from fixing known balance-sheet stress to managing complexity and uncertainty, Reserve Bank of India Deputy Governor Swaminathan J said while speaking at Columbia University on Monday.

1 min  |

June 04, 2026

Financial Express Chennai

Cabinet nod to road projects in four states

THE UNION CABINET on Wednesday approved the construction of a new coastal highway from Rameshwar to Paradeep in Odisha at a total project cost of ₹8,300.79 crore.

1 min  |

June 04, 2026

Financial Express Chennai

IT rout rattles benchmark indices

Banking stocks help pare steep intraday losses

2 min  |

June 04, 2026

Financial Express Chennai

The biggest wealth creator CMs

SHINDE & STALIN STRONGEST ANNUALLY IN BRIEF TENURES, YOGI DELIVERED LARGEST SUSTAINED SCALE EXPANSION

3 min  |

June 04, 2026

Financial Express Chennai

Companies can pull out of voluntary liquidation: IBBI

TERMINATION GRANTED IF FIRM CAN PROVIDE RATIONALE

1 min  |

June 04, 2026

Financial Express Chennai

Carmakers shift gears to hybrids

AS CAFE NORMS TIGHTEN, FIRMS SEEK A MIDDLE PATH BETWEEN ICE & ELECTRIC CARS

2 min  |

June 04, 2026

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