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Financial Express Bengaluru

Engineering exports to US down 9.4% in September

Shipments of steel, iron robust

1 min  |

October 31, 2025

Financial Express Bengaluru

High gold prices hit demand

Exchange of old jewellery for new has resulted in a fall in imports

2 min  |

October 31, 2025

Financial Express Bengaluru

OpenAI may target $1-trn IPO valuation

OPENAI IS LAYING the groundwork for an initial public offering that could value the company at up to $1 trillion, three people familiar with the matter said, in what could be one of the biggest IPOs of all time.

1 min  |

October 31, 2025

Financial Express Bengaluru

Fed split hardens following Powell’s December warning

FEDERAL RESERVE CHAIR Jerome Powell’s blunt warning that investors need to rein in expectations for a December interest-rate cut underscored a growing tug-of-war among US policymakers who are opposed in their outlooks for jobs and inflation.

1 min  |

October 31, 2025

Financial Express Bengaluru

FPIs flash renewed India comeback signal

BLOOMBERG DATASHOW that in January this year, the open interest of short contracts hit 445,114—the highest since September 2015.

1 min  |

October 31, 2025

Financial Express Bengaluru

China's AI push has scale. But substance?

WHEN IT COMES to the sheer number of generative artificial intelligence users in China, the question shouldn’t be how many there are, but how they’re using it.Anew report from the China Internet Network Information Center indicates the nation had some 515 million users as of June, up by 266 million since December, according toa readout from Xinhua.Ata first glance, the figure suggests that Beijing’s push to spread the technology throughout industries to boost productivity — the so-called Al Plusinitiative — is bearing fruit.

2 min  |

October 31, 2025

Financial Express Bengaluru

Tighter cost control & higher exports drive Hyundai net up

Profit rises 14% to ₹1,572 cr in Q2, revenue grows 1%

1 min  |

October 31, 2025

Financial Express Bengaluru

Jio users to get Gemini Pro free...

THE PLAN INCLUDES access to the Gemini 2.5 Pro model through the Gemini app, advanced image and video generation tools Nano Banana and Veo 3.1, expanded use of Notebook LM for research and study and 2 TB of cloud storage.

1 min  |

October 31, 2025

Financial Express Bengaluru

Trump cuts China tariffs by 10% after deal with Xi

Pause on rare earth curbs; Beijing to buy 12 mn tonne soybean

1 min  |

October 31, 2025

Financial Express Bengaluru

A bitter pill, not a pinch of salt

THE RULE OF THE GAME FOR THESE DEALS IS TO GIVE MUCH MORE THAN WHAT WE GET

3 min  |

October 31, 2025

Financial Express Bengaluru

US ends automatic work permit extension

VISA OVERHAUL ■ The rule takes effect immediately, requiring full re-screening for renewals ■ It follows Trump administration's $100,000 H-1B visa fee hike

1 min  |

October 31, 2025

Financial Express Bengaluru

'GDP growth to average 6.7% during 2025-2040'

INDIA'S ECONOMY IS expected to grow by an average rate of 6.7% from 2025 to 2040, outpacing China’s 3% average real GDP expansion in the same period, Singapore-based DBS Bank said in a report on Thursday.

1 min  |

October 31, 2025

Financial Express Bengaluru

ITC Q2 profit rises 3% to ₹5,126 crore

REVENUE DECLINES 1.3% TO %21,256 CRORE

1 min  |

October 31, 2025

Financial Express Bengaluru

FPIs flash India comeback signal

Short positions at 3-month low

1 min  |

October 31, 2025

Financial Express Bengaluru

5,000 FPOs must have turnover above ₹1 cr by FY26: Chouhan

AGRICULTURE MINISTER SHIVRAJ Singh Chouhan on Thursday called for increasing annual sales turnover of at least 5,000 farmers producer organisations (FPOs) to above ₹1 crore each by FY26 for achieving economy of sale and financial sustainability.

1 min  |

October 31, 2025

Financial Express Bengaluru

Lenskart anchor book gets 20 times response

THE ANCHOR BOOK of Lenskart Solutions has received bids worth %68,000 crore, nearly 10 times the issue size and 20 times the anchor book size, according to sources.

1 min  |

October 31, 2025

Financial Express Bengaluru

Weddings to generate ₹6.5L cr this year

WEDDINGS IN INDIA will generate ₹6.5 lakh crore business from 4.6 million marriages in the first set of auspicious dates from November 1 to December 14 this year, as estimated by the Confederation of All India Traders (CAIT).

2 min  |

October 31, 2025

Financial Express Bengaluru

Bank credit grows 11.45%, show RBI data

LOANS EXTENDED BY banks grew 11.45%year-on-year (YoY) as on October 17, continuing to outpace the growth in deposits, the Reserve Bank of India data released on Thursday showed.

1 min  |

October 31, 2025

Financial Express Bengaluru

Union Bank sees 10% fall in profit

PUBLIC SECTOR LENDER Union Bank of India reported a 10% year-on-year (YoY) decline in net profit to ₹4,249 crore for the second quarter of FY26, compared to ₹4,719.7 crore in the corresponding quarter last year.

1 min  |

October 31, 2025

Financial Express Bengaluru

United Spirits profit up 36% as Andhra re-entry boosts sales

UNITED SPIRITS, THE country’s largest liquor maker, on Thursday reported a 36.1% year-on-year rise in consolidated net profit for the second quarter of FY26 to 464 crore, beating Street estimates by a wide margin. Bloomberg consensus estimates had forecast net profit at $373 crore.

1 min  |

October 31, 2025

Financial Express Bengaluru

RDIF as engine of knowledge economy

THIS YEAR'S ECONOMICS Nobel Prize awarded to Philippe Aghion, Peter Howitt, and Joel Mokyr underscores the principle that sustained productivity gains stem not from capital deepening alone but from frontier innovation, the systematic generation and diffusion of new technologies that displace obsolete ones through creative destruction.

3 min  |

October 31, 2025

Financial Express Bengaluru

L&T targets sixfold rise in data centre business

HE FURTHERADDED that data centres are a capital-intensive business, and getting clients to use the data centre for storing servers and keeping data in is not very remunerative.

1 min  |

October 31, 2025

Financial Express Bengaluru

Global auto firms brace for chip cuts

CARMAKERS AROUND THE world are planning to scale back production after an export freeze on a Chinese semiconductor company based in Netherlands threatened to disrupt the industry’s supply chains.

1 min  |

October 31, 2025

Financial Express Bengaluru

US grants 6-month waiver to India on Chabahar port

After one-month relief, US grants India six-month Chabahar waiver. Fresh exemption to come into effect from October 29

1 min  |

October 31, 2025

Financial Express Bengaluru

Canara Bank profit climbs 19%

REPORT CARD

1 min  |

October 31, 2025

Financial Express Bengaluru

Govt to create valid data on district domestic product

THE ANNUAL SURVEY of unincorporated sector enterprises (ASUSE), coupled with the periodic labour force survey (PLFS), would be extremely useful in calculating the district domestic product (DDP), Ministry of Statistics and Programme Implementation Secretary Saurabh Garg has said.

1 min  |

October 31, 2025

Financial Express Bengaluru

CAG urges states to build Odisha-like budget buffers

'STABLISATION FUND WILL COME IN HANDY IN HARD TIMES'

2 min  |

October 31, 2025

Financial Express Bengaluru

Swiggy delivers no surprise: Revenue rises, loss widens

NET LOSS WIDENS 74% TO 71,092 CR, REVENUE UP 54% TO %5,561 CR

2 min  |

October 31, 2025

Financial Express Bengaluru

BSNL achieves 93% of Q2 revenue target, says Scindia

STATE-RUN TELECOM operator Bharat Sanchar Nigam Limited (BSNL) achieved 93% of its second-quarter revenue target for FY2025-26, generating Rs 5,347 crore, Union Minister for Communications Jyotiraditya Scindia said on Thursday.

1 min  |

October 31, 2025

Financial Express Bengaluru

L&T targets 6x rise in data centre biz

ENGINEERING AND CONSTRUCTION giant Larsen & Toubro (L&T) plans to expand its data centre capacity sixfold to 200 MW from 32 MW as it bets big on India’s growing digital infrastructure demand.

1 min  |

October 31, 2025