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Financial Express Ahmedabad

India flags grave concerns over crisis in West Asia

Iran, UAE clash at BRICS foreign ministers’ meeting

2 min  |

May 15, 2026

Financial Express Ahmedabad

Solar financing surges beyond $11 bn in Q1

GLOBAL SOLAR SECTOR funding more than doubled to $11.1 billion in the first quarter of 2026, driven by a sharp surge in debt financing and rising acquisition activity, signalling renewed investor appetite for large-scale clean energy expansion despite global economic uncertainty.

1 min  |

May 15, 2026

Financial Express Ahmedabad

India's telecom moment

HOW OPEN-SOURCE AND AI CAN MAKE INDIA A GLOBAL PLAYER

4 min  |

May 15, 2026

Financial Express Ahmedabad

Sebi proposes easier rules for derivatives traded on exchanges

THE SECURITIES AND Exchange Board of India (Sebi) on Thursday proposed removing close-to-money option series and corresponding norms for commodity derivatives to reduce complexity and lower price risks for the sellers.

1 min  |

May 15, 2026

Financial Express Ahmedabad

West Asia war hits small plastic manufacturers hard

INDIA'S SMALL PLASTIC manufacturers are facing one of their toughest operating periods in recent years as geopolitical tensions involving Iran have disrupted petrochemical supply chains, raised freight costs and squeezed already-thin margins.

2 min  |

May 15, 2026

Financial Express Ahmedabad

Road InvITs AUM to grow 30% this fiscal

ROAD INFRASTRUCTURE INVESTMENT trusts (InvITs) assets under management will grow 30% in the current fiscal, led by a surge in asset monetisation, rating agency Crisil said on Thursday.

1 min  |

May 15, 2026

Financial Express Ahmedabad

Amazon's AI success sends stock towards $3-trn club

INVESTORS ARE GROWING increasingly optimistic about Amazon.com’s position in artificial intelligence, lighting a fire under the stock and sending the company’s market capitalisation soaring toward the rarefied $3 trillion level.

1 min  |

May 15, 2026

Financial Express Ahmedabad

Irdai: Industry high-cost on inflated commissions

THE SHARP RISE in insurance commissions highlights the structurally high-cost nature of the insurance industry, with growth still being heavily reliant on expensive intermediary-driven distribution, rather than cost-saving digital transformation, Ajay Seth, chairman of the Insurance Regulatory and Development Authority of India (Irdai), said.

1 min  |

May 15, 2026

Financial Express Ahmedabad

‘Focus on brand building pays off during times of crisis’

WPP Media in India has had a good CY25, winning almost 50% of all new business pitches in the year. Shekhar Banerjee, president, client solutions, WPP Media South Asia, talks to Christina Moniz about the firm’s rebranding strategy, its efforts in upskilling talent in AI capabilities and the increasing relevance of the media agency in today’s industry. Edited excerpts:

3 min  |

May 15, 2026

Financial Express Ahmedabad

Gold duty hike sparks trade jitters

THE BULLION AND jewellery trade, which sustains lakhs of workers, artisans, and small ancillary businesses, is bracing for uncertainty following the steep hike in import duty on gold and silver and Prime Minister Narendra Modi's recent appeal to defer gold purchases.

1 min  |

May 15, 2026

Financial Express Ahmedabad

Sugar exports banned till Sept-end

THE GOVERNMENT HAS banned sugar export till end of September, to keep domestic prices stable amid expectations of lower sugar closing inventory and a likely drop in sugar production 2026-27 sugar season (October-September).

1 min  |

May 15, 2026

Financial Express Ahmedabad

upGrad bets on executive doctorates for global push

EDTECH FIRM UPGRAD is positioning its executive doctorate programmes as a key pillar of its international business as senior professionals increasingly seek research-led qualifications tied to workplace outcomes rather than traditional academic careers, Myleeta Aga Williams, chief executive officer of upGrad International, said.

1 min  |

May 15, 2026

Financial Express Ahmedabad

‘Unlikely data centre biz a game changer for us’

Tata Power beat analyst estimate with a profit of ₹996 crore in Q4. Going ahead, the integrated power company would be ready with a detailed project report (DPR) for its nuclear projects. Its MD & CEO Praveer Sinha tells Raghavendra Kamath that data centres are not a significant opportunity for power players. Excerpts:

1 min  |

May 15, 2026

Financial Express Ahmedabad

US Senate confirms Kevin Warsh to lead Fed

THE SENATE NARROWLY confirmed Kevin Warsh as chair of the Federal Reserve, setting up the most controversial leadership transition at the US central bank in decades and a test of its political independence.

2 min  |

May 15, 2026

Financial Express Ahmedabad

Aquaculture exports to EU stay on course despite new norms

INDIAN AQUACULTURE EXPORTS to the European Union (EU) can continue even beyond September as India has been included in the list of third countries authorised to export animal and animal products to the 27-member bloc.

1 min  |

May 15, 2026

Financial Express Ahmedabad

Two India-bound LPG tankers cross Hormuz, another sinks after attack

TWO LPG TANKERS carrying cargo for Indian Oil Corporation (IOC) have successfully transited the Strait of Hormuz this week, even as an Indian-flagged cargo vessel sank off the coast of Oman following a suspected drone or missile strike, underscoring persistent risks to commercial shipping in the region.

1 min  |

May 15, 2026

Financial Express Ahmedabad

Wholesale inflation at 42-month high in April

WHOLESALE PRICE INFLATION rose to a 42-month high of 8.3% year-on-year in April, up from 3.88% in March, mainly due to a sharp increase in the prices of crude petroleum and natural gas, costlier food and fuel and a low base, data released by the Ministry of Commerce and Industry on Thursday show.

3 min  |

May 15, 2026

Financial Express Ahmedabad

Air India's loss swells to nearly $3 billion in FY26

AIR INDIA POSTED a record annual loss of about $2.8 billion, or nearly ₹26,798 crore at current exchange rates, for 2025-26, as disruptions linked to the Iran conflict, closure of Pakistani airspace for Indian carriers, high fuel prices and aircraft supply constraints weighed heavily on operations, according to disclosures made by Singapore Airlines.

1 min  |

May 15, 2026

Financial Express Ahmedabad

Lighthouse Canton unveils ₹1,200-cr private debt fund

LIGHTHOUSE CANTON, A global investor with $5 billion in assets under management, on Thursday announced the launch of LC Luminere Credit Fund, a Category II alternative investment fund (AIF) focused on capitalising India’s fast-growing private credit market.

1 min  |

May 15, 2026

Financial Express Ahmedabad

Mittal maps path to restore parent control over Airtel

‘PROMOTER ENTITY SHOULD REGAIN OVER 50% STAKE IN AIRTEL’

2 min  |

May 15, 2026

Financial Express Ahmedabad

Cap on duty-free import of gold

A DAY AFTER raising customs duty on gold, the government on Wednesday put limits on the quantity of the yellow metal that can be imported under a key export scheme without paying any duty.

2 min  |

May 15, 2026

Financial Express Ahmedabad

Trump-Xi talks put India’s tech ambition in focus

CABINET MINISTERS AND senior government officials will be closely watching the talks between US President Donald Trump and Chinese President Xi Jinping amid concerns that any easing of tensions between Washington and Beijing could blunt India’s recent gains as an alternative technology and manufacturing destination.

1 min  |

May 15, 2026

Financial Express Ahmedabad

Trade, Tehran, Taiwan take centre stage

● Xi hails ‘positive outcome’ of trade talks after Taiwan warning ● Trump seeks economic wins, help on Iran war ● Nvidia’s Huang, Tesla chief Musk, Apple’s Cook among CEOs in tow ● Big Boeing airplane order expected, Bessent says

1 min  |

May 15, 2026

Financial Express Ahmedabad

Muthoot Finance Q4 profit doubles

MUTHOOT FINANCE’S STANDALONE net profit more than doubled year-on-year to ₹3,086 crore in the fourth quarter of FY26, driven by a sharp rise in interest income and record gold loan disbursements.

1 min  |

May 15, 2026

Financial Express Ahmedabad

RBI accepts 20 mn CIC applications for surrender of registration

THE RESERVE BANK on Thursday said it has cancelled certificates of registration (CoR) of 20 million investment companies (CICs) following their requests for surrender.

1 min  |

May 15, 2026

Financial Express Ahmedabad

Big Tech tries to deflect scrutiny over kids' screen time

META AND GOOGLE enlisted trusted children’s brands such as Sesame Street, Girl Scouts and Highlights magazine to teach kids to use technology in moderation — even as the companies designed apps that made it difficult for those same young users to unplug, public statements and internal documents show.

1 min  |

May 15, 2026

Financial Express Ahmedabad

Foreigners may get tax relief on bonds

THE GOVERNMENT IS considering a significant reduction in the taxes paid by foreign investors on the nation’s bonds as authorities seek to align policies with global norms and attract inflows, according to people with knowledge of the matter.

1 min  |

May 15, 2026

Financial Express Ahmedabad

RUPEE HITS NEW CLOSING LOW OF 95.76; STOCKS GAIN

THE RUPEE fell 6 paise to a fresh closing low of 95.76 amid a strong dollar, worries over inflation and high energy prices.

1 min  |

May 15, 2026

Financial Express Ahmedabad

HCLTech to lead $150-mn Sarvam AI funding round

IT MAJOR HCLTECH will lead a $150-million funding round in homegrown frontier artificial intelligence startup Sarvam AI, valuing the Bengaluru-based company at around $1.5 billion, sources aware of the matter said.

1 min  |

May 15, 2026

Financial Express Ahmedabad

I-T dept unveils aggressive litigation cleanup plan

DRIVE TARGETS HIGH-VALUE DISPUTES, LEGACY BACKLOG CLEARANCE

1 min  |

May 15, 2026