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Financial Express Mumbai

India-US trade talks end without breakthrough

TWO DAYS OF ministerial-level talks between India and the US aimed at finalising an interim trade agreement concluded here on Wednesday, but there was no clarity on whether the two sides had managed to bridge the remaining differences.

2 min  |

June 25, 2026

Financial Express Mumbai

Kenya pitches itself as entry point to African market for Indian firms

KENYA WILL SERVE as a gateway to the entire African market for Indian products, a diplomat said on Wednesday, pitching for greater investment from Indian companies in the East African nation.

1 min  |

June 25, 2026

Financial Express Mumbai

Making tech work at scale

INDIA HAS EMERGED as one of the fastest adopters of artificial intelligence in the workplace, with businesses and professionals rapidly integrating AI tools into daily operations.

2 min  |

June 25, 2026

Financial Express Mumbai

India’s data advantage could shape next phase of AI race: Databricks

AS AI MODELS become increasingly commoditised, the next phase of competition will be determined by how effectively companies harness their proprietary data, a shift that could play to India's strengths as one of the world's largest generators of digital data, according to Databricks.

1 min  |

June 25, 2026

Financial Express Mumbai

Shadow reversal in just 5 days for credit card frauds

THE RESERVE BANK of India (RBI) on Wednesday said in case of complaints of fraudulent electronic banking transactions via a credit card, a bank should provide shadow reversal or provisional credit of the disputed amount within 5 days.

1 min  |

June 25, 2026

Financial Express Mumbai

Iran vows no Hormuz toll: Trump

Also denies US funds going to Iran

2 min  |

June 25, 2026

Financial Express Mumbai

‘Demand conditions don’t yet allow a broad-based capex cycle’

@ UPASANA CHACHRA, MORGAN STANLEY INDIA ECONOMIST

4 min  |

June 25, 2026

Financial Express Mumbai

GIC Re to slash share of overseas property risk

REINSURER GIC RE plans to increase its focus on casualty and specialty lines while reducing its reliance on property and catastrophe business overseas amid rising climate-related losses, Chairman Hitesh Joshi said.

1 min  |

June 25, 2026

Financial Express Mumbai

Panel pushes for simulator-heavy pilot training

Proposal aims to ease mounting pilot shortages

2 min  |

June 25, 2026

Financial Express Mumbai

S&P lowers India growth forecast for FY27 to 6.6%

ENERGY MARKET STRESS, a likely subpar monsoon and slowing global growth are expected to moderate India’s economic expansion in FY27, S&P Global Ratings said in a report, projecting GDP growth at 6.6% for FY27, down from 7.7% in FY26.

1 min  |

June 25, 2026

Financial Express Mumbai

Pharma MNCs extend India gains for 2nd straight year

AFTER MORE THAN a decade of losing ground to domestic drugmakers, Big Pharma is staging a comeback in India, helped by blockbuster anti-obesity drugs, innovative specialty medicines, and strong portfolios in chronic disease management.

3 min  |

June 25, 2026

Financial Express Mumbai

Goyal to visit UK today ahead of CETA, DCC implementation

COMMERCE AND INDUSTRY Minister Piyush Goyal will visit the UK from Thursday to complete the last minute processes for the implementation of the Comprehensive Economic and Trade Agreement (CETA) and Double Contribution Convention (DCC) from July 15.

1 min  |

June 25, 2026

Financial Express Mumbai

Iran invites Modi for Khamenei funeral

AS IRAN PREPARES for a multi-city state funeral for Supreme Leader Ayatollah Ali Khamenei, who was killed in a US-Israeli air strike on Tehran on February 28, President Masoud Pezeshkian has sent a formal invitation to Prime Minister Narendra Modi to attend the funeral next month.

1 min  |

June 25, 2026

Financial Express Mumbai

Banking stocks lead rebound by markets

HDFC, ICICI ACCOUNT FOR 58% OF SENSEX’S 790-POINT RALLY

1 min  |

June 25, 2026

Financial Express Mumbai

Onion buffer stock: Only 2,000 tonne procured so far

GOVERNMENT PROCUREMENT OF onions for the 2026 buffer stock has made a slow start, with only around 2,000 tonnes purchased since June 1, despite three upward revisions to the procurement price.

1 min  |

June 25, 2026

Financial Express Mumbai

Adani unveils nuclear power push, AI-led infra expansion

STEPS UP INVESTMENTS ACROSS ENERGY, PORTS & DATA CENTRE

2 min  |

June 25, 2026

Financial Express Mumbai

Power demand up 9%, coal output falls 9.3%

INDIA'S ELECTRICITY DEMAND grew 9% year-on-year in the first 22 days of June, extending the strong momentum seen in May, but the rebound comes amid a sharp 9.3% decline in domestic coal production and thermal power plants holding coal stocks well below prescribed levels, raising concerns over fuel adequacy if summer demand intensifies further.

1 min  |

June 25, 2026

Financial Express Mumbai

Rajesh Exports shares hit 5% lower circuit after ED raids

SHARES OF GOLD refining and jewellery manufacturing company Rajesh Exports tumbled 5% on Wednesday to hit the lower circuit limit, a day after the Enforcement Directorate (ED) conducted searches at multiple premises linked to the firm.

1 min  |

June 25, 2026

Financial Express Mumbai

Premature to talk about rate hikes: RBI Guv

SOFTER CRUDE OIL prices and a sharp decline in fertiliser prices have provided relief to the economy.

1 min  |

June 25, 2026

Financial Express Mumbai

Tomato prices soar 24% amid heatwave, monsoon deficiency

THE AVERAGE RETAIL tomato price on Wednesday surged to ₹43.7/kg, a 24% year-on-year (y-o-y) increase, as supplies from the key producing states including Maharashtra, Karnataka and Uttar Pradesh were hit by deficient monsoon rains and heat waves.

1 min  |

June 25, 2026

Financial Express Mumbai

The missing leap

Kunal Shah's elevation once again underscores India's paradox: producing leaders, not global tech giants.

2 min  |

June 24, 2026

Financial Express Mumbai

Informal economy leaping ahead

India’s macroeconomic management and stability, and steering of buoyant fiscal resources towards empowerment through welfare spending have driven its expansion

4 min  |

June 24, 2026

Financial Express Mumbai

India jumps 12 places in QS World Future Skills Index

INDIA IS WELL-POSITIONED to add $500 billion to its economy by 2030 if it succeeds in adopting artificial intelligence (AI), but its ability to realise those gains will depend on whether its universities can produce enough job-ready talent, according to the latest QS World Future Skills Index 2027.

2 min  |

June 24, 2026

Financial Express Mumbai

Kotak Bank bets on capital-led growth

KOTAK MAHINDRA BANK is looking for acquisitions, including loan portfolios, while further expanding into alternative assets and other non-banking businesses, its chief executive said, as the Indian lender looks to deploy excess capital to drive growth.

1 min  |

June 24, 2026

Financial Express Mumbai

Iran has agreed to nuclear inspections, says Trump

Tehran denies US claims

2 min  |

June 24, 2026

Financial Express Mumbai

LTM recasts its workforce for transition to AI era

DIGITAL EMPLOYEES, FRESHERS & SPECIALISED AI STAFF TO COEXIST

2 min  |

June 24, 2026

Financial Express Mumbai

Tata Motors PV plans capex of up to ₹40,000 cr in 5 years

Shailesh Chandra, MD & CEO at Tata Motors PV, said the firm will launch six new models by FY31

1 min  |

June 24, 2026

Financial Express Mumbai

US flags resolve for fair deal as Goyal, Greer meet on BTA

INDIA AND THE US on Tuesday held crucial ministerial-level discussions to advance negotiations on an interim trade agreement.

2 min  |

June 24, 2026

Financial Express Mumbai

GIFT City route opens for FCNR (B) deposits

THE RESERVE BANK of India (RBI) has allowed banks to mobilise Foreign Currency Non-Resident (Bank) [FCNR(B)] deposits through their branches in GIFT City and offer leverage facilities against such deposits.

1 min  |

June 24, 2026

Financial Express Mumbai

Axis Bank expects over ₹10,000-cr ECLGS expansion

AXIS BANK HAS an eligible credit facility of over 10,000 crore under the Emergency Credit Guarantee Scheme 5.0 for the micro, small, and medium enterprises, a senior official told the media in a round table on Tuesday.

1 min  |

June 24, 2026