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Financial Express Lucknow - October 17, 2025

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October 17, 2025

Early Diwali for markets

RISING FORTWO Consecutive sessions, the benchmark Sensex jumped nearly 1,500 points, or 1.75%, while the Nifty also saw a 1.75% rise. On Thursday, the buying was strong across index heavyweights

1 mins

Signs of revival for IT firms as deals pick up

Infosys drives gains on better execution, AI-led transformation

1 mins

Rising demand for data-intensive tech, policy measures fuelling growth Google, TCS herald new era in AI infra with $22-bn investments

TECH-TONIC SHIFT

1 mins

Trump's oil claim roils India

No telecon between the two leaders: MEA

1 mins

Zepto adds $450 mn to cart; valuation soars to $7 bn

QUICK COMMERCE PLATFORM Zepto on Thursday said it has closed a $450-million financing round, which was a mix of primary and secondary transactions led by US-based pension fund California Public Employees' Retirement System (CalPERS).

1 mins

RBI may retain existing cap for deposit insurance cover

12 paise ceiling may stay to reduce burden for less well-run banks

1 mins

Centre plans new credit cover for MSME exporters

FACILITY FOR LOANS UPTO 100 CRORE

2 mins

National minimum wage unchanged for eight years

Labour experts say millions hit as wages aren't hiked to at least factor in inflation

3 mins

Refiners to buy more LPG from US in 2026

THE GOVERNMENT PLANS to cut imports of liquefied petroleum gas from West Asia as refiners look to boost purchases from the US, sources with knowledge of the matter said, bolstering India’s efforts to secure a broader trade deal with the US.

1 mins

Pharma sector poised to grow at 9% till FY30: Care Ratings

THE INDIAN PHARMA sector remains largely insulated from the immediate effects of the 100% tariffs imposed by the US administration on branded and patented products imported into the country, according to a report from Care Ratings.

1 mins

Goyal: FTAs show India top place for investment, trade

INDIA'S FREE TRADE agreements with developed nations show that it is the preferred destination for trade and investments, commerce and industry minister Piyush Goyal said on Thursday.

1 mins

Madhya Pradesh plans to launch price support scheme for soyabean farmers

TO PROTECT OILSEEDS farmers against fall in mandi prices, Madhya Pradesh will launch a price deficiency support scheme — Bhavantar — for soyabean farmers.

2 mins

Q-comm push hurts Eternal profit

SLOW RECOVERY

2 mins

Infy Q2 better than expected

IT major narrows revenue growth guidance for FY26

2 mins

JSW Infra net declines 3% to ₹361 crore

JSW INFRASTRUCTURE POSTED a 3% year-on-year decline in profit at ₹361 crore in the second quarter of the current financial year.

1 mins

LTIMindtree profit rises over 10% to ₹1,381 crore

IT COMPANY LTIMINDTREE has posted a 10.3% increase in consolidated net profit to ₹1,381 crore in the second quarter of FY26. The company had reported a net profit of ₹1,251 crore in the year-ago period.

1 mins

Zee Entertainment net down; Zee5 cuts losses

ZEE ENTERTAINMENT (ZEE) on Thursday reported a 63% year-on-year (yo-y) fall in its consolidated net profit to 76.5 crore in the second quarter of FY26.

1 mins

Wipro rides on large deals to beat revenue estimates

WIPRO, INDIA'S FOURTH-LARGEST IT firm, managed to post revenue slightly above estimates for the September quarter, driven by large deal wins, even as it awaits a pickup indiscretionary spending amid macroeconomic headwinds.

1 mins

Higher input costs eat into Nestle profit in Sept quarter

Net declines 23.6% despite highest-ever domestic sales

1 mins

Bharat Forge, Rolls-Royce sign pact

BRITISH AIRCRAFT ENGINE maker Rolls-Royce has signed an agreement with Bharat Forge to manufacture and supply fan blades for its Pearl 700 and Pearl 10X engines.

1 mins

Amazon sees 2.76 billion site visits this festive season

AMAZON INDIA ON Thursday said the ongoing Great Indian Festival 2025 has attracted a record 2.76 billion customer visits, the highest ever for the annual event, with more than 70% of the traffic coming from tier 2 and 3 cities.

1 mins

Ola Electric enters BESS market with 'Ola Shakti' launch

BHAVISH AGGARWAL-LED Ola Electric on Thursday announced the launch of Ola Shakti, a portable device that can be used to power ACs and refrigerators at home, water pumps at farms and business establishments, marking its entry into the battery energy storage systems (BESS) market.

1 mins

Personal loans, 2W to drive growth in H2

L&T Finance is betting on two-wheeler, personal and gold loans to drive growth in H2FY26, backed by GST-led demand and expansion in the branch footprint. In an interview with Kshipra Petkar, MD & CEO Sudipta Roy tells about the company’s digital push, asset quality strategy, and the road map to becoming a fully retail-focused lender within the next three quarters. Excerpts:

2 mins

Top MFs invest in 5 of 17 firms listed in Sept

INDIA'S TOP FIVE mutual funds by assets under management (AUM) invested in five of the 17 companies that made their debuts in the IPO-heavy month of September, according to data from Prime Mutual Fund Database.

1 mins

Commodity mkts to be made attractive for hedging: Sebi chairman

THE SECURITIES AND Exchange Board of India (Sebi) aims to boost institutional participation in the agriculture and non-agriculture commodity markets to make them more attractive for hedging, chairman Tuhin Kanta Pandey said on Thursday.

1 mins

Rupee rises 94p in two sessions

Firm central bank intervention

1 mins

Canara Robeco to grow at 40% in next 5 yrs: Orix CEO

CANARA ROBECO AMC will grow at 40% annually for the next five years and the mutual fund house is not averse to growing bigger through an acquisition, said Kiyoshi Habiro, chief executive of Orix Corporation, the promoter of Robeco.

1 mins

India makes 85% of digital payments via UPI: Malhotra

RESERVE BANK OF India (RBI) Governor Sanjay Malhotra has highlighted India’s commitment to international cooperation in digital infrastructure as a cornerstone of inclusive economic growth.

1 mins

LG India’s bankers pocket higher fees than bigger Tata IPO

TATA CAPITAL JUST completed India’s biggest initial public offering of the year, but it turns out that LG Electronics India’s smaller deal was the more lucrative job for the banks.

1 mins

SBI, Nabard to raise ₹14.5K cr via bonds today

STATE BANK OF INDIA and the National Bank for Agriculture and Rural Development (Nabard) will raise ¥14,500 crore through bonds on Friday.

1 mins

‘MCLR-linked loans to account for 54% of our book by year-end’

Indian Overseas Bank has reported a 1,000-crore-plus profit for the third consecutive quarter.MD and CEO

2 mins

Higher interest income, lower expenses boost IOB profit

INDIAN OVERSEAS BANK (IOB) on Thursday reported a 58% year-on-year jump in its net profit for the September quarter to $1,226 crore, supported by higher interest income and lower operating expenses.

1 mins

Surging gold prices

The question is whether the rally is sustainable

2 mins

A potential turning point for climate action

By emphasising evidence-based progress, COP30 has the potential to mark a shift from aspirational commitments to actionable outcomes

3 mins

Nike should Just Do It and sell Converse

“GOT CHUCKS ON with Saint Laurent” declared Mark Ronson and Bruno Mars in their 2014 hit Uptown Funk. Yves Saint Laurent held its fashion show in Paris a few weeks ago. But where were the Chucks? Likely stuck on a retailer’s discount rack.

3 mins

Devolution for $10-trn decade

INDIA'S FISCAL FEDERALISM MUST EVOLVE FROM BEING A SYSTEM OF CORRECTION TO ONE OF CO-CREATION

4 mins

Storm in a coffee cup

AS GLOBAL CHAINS AND ARTISANAL BRANDS SHAKE UPTHE COFFEE MARKET, BRU MUST UPITS COOL QUOTIENT TO PROTECT ITS TURF

3 mins

Greer, Bessent blast China over rare earth export curbs

TOP US OFFICIALS on Wednesday blasted China’s major expansion of rare earth export controls as a threat to global supply chains, but said Beijing could still change course and avoid steps by Washington to decouple from the world’s second-largest economy.

1 mins

Bessent: Yen will find its own level with proper BoJ policy

US TREASURY SECRETARY Scott Bessent said on Wednesday the yen will find its own level if the Bank of Japan (BoJ) follows “proper monetary policy.’

1 mins

Swiss Army Knife maker readies for Trump tariff blow

SWISS ARMY KNIFE makerVictorinoxis trying to hold downits US prices, while exploring new markets, as it experiments with new tools to navigate President Trump’s trade tariffs.

1 mins

Israel, Hamas trade blame over truce deal violations

ISRAEL SAID ON Thursday it was preparing for the reopening of Gaza’s Rafah crossing with Egypt to let Palestinians in and out, but set no date as it traded blame with Hamas over violations of a US-mediated ceasefire.

1 mins

Signs of revival for IT industry as deals pick up pace

THE MANAGEMENT COMMENTARY was consistent in tone that the environment is stable but constrained, with clients continuing to prioritise efficiency over discretionary spending.

2 mins

Pakistan ready to hold talks with Afghanistan

PAKISTANI PRIME MINISTER Shehbaz Sharif said on Thursday that Islamabad was ready to hold talks with Afghanistan to resolve their conflict, as a temporary ceasefire that halted days of fierce fighting between the former allies largely held.

1 mins

Zepto adds $450 mn to cart

EYEING A PUBLIC listing, Zepto expects domestic ownership within the company to increase to over 40% soon.

1 mins

Google, TCS herald new era in AI infra with $22-bn investments

THE ENTRY OF GOOGLE and TCS adds fresh momentum to this race. Their projects together are comparable to the country’s current total installed capacity and will be rolled out over the next 5-7 years.

1 mins

'Uddhav only remembered cousin Raj after defeat'

MAHARASHTRA DEPUTY CHIEF Minister Eknath Shinde on Thursday took a dig at Shiv Sena (UBT) chief Uddhav Thackeray stating that the latter remembered his cousin and Maharashtra Navnirman Sena (MNS) president Raj Thackeray only after defeat.

1 mins

India’s T20 captain Suryakumar Yadav is guest at Adda today

ONLY 15 MONTHS after inheriting India's T20 captaincy, Suryakumar Yadav has helped build a halo of fearlessness around his team of young cricketers — more so, after India won the Asia Cup in Dubai last month after beating Pakistan in three politically charged encounters, including the final.

1 mins

Writing a new chapter

HIS NEW ROLE GIVES GARG AN OPPORTUNITY TO MOVE PAST THE UNDERWHELMING PERFORMANCE OF THE ALCAZAR AND EXTERAND POSITION HYUNDAI AS A TRUSTED PLAYER IN ALTERNATIVE FUEL TECHNOLOGIES

3 mins

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