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Financial Express Lucknow

OpenAI Nabbing Microsoft Customers, Fueling Rivalry

Last spring, drugmaker Amgen Inc. announced plans to buy Microsoft Corp.'s Copilot AI assistant for 20,000 employees.

2 min  |

June 25, 2025

Financial Express Lucknow

Must have competition in every sector, duopoly not good: Scindia

UNION TELECOM MINISTER Jyotiraditya Scindia on Tuesday said that duopoly is not good and there must be competition in every sector.

2 min  |

June 25, 2025

Financial Express Lucknow

India Evacuates Over 3,100 Citizens

INDIA ON TUESDAY evacuated over 1,100 citizens from Iran and Israel amid ongoing tensions between the two countries, taking the number of evacuees under Operation Sindhu to 3,170.

1 min  |

June 25, 2025

Financial Express Lucknow

Robust data quality need of the hour: Niti Aayog

NITI AAYOG on Tuesday stressed the urgent need for robust data quality to fortify digital governance, cultivate public trust and ensure efficient service delivery.

1 min  |

June 25, 2025

Financial Express Lucknow

Chaos at Doha Airport, Long Queues in Dubai

OPERATIONS AT TWO of the world's busiest airports in Doha and Dubai slowed to a crawl on Tuesday as thousands of travellers queued for hours, facing long delays and flight cancellations after the temporary closure of airspace a day earlier.

1 min  |

June 25, 2025

Financial Express Lucknow

HC Rules NFRA Can Probe Audits Before Its Creation

New penalties can't be imposed, court order adds

2 min  |

June 25, 2025

Financial Express Lucknow

Fed can wait to reduce interest rates: Powell

THE FEDERAL RESERVE will continue to wait and see how the economy evolves before deciding whether to reduce its key interest rate, Chair Jerome Powell said on Tuesday, a stance directly at odds with President Donald Trump's calls for immediate cuts.

1 min  |

June 25, 2025

Financial Express Lucknow

Supporting India's Green Energy Goals

Extending the Inter-State Transmission System waiver with clear, milestone-based criteria would help attain non-fossil fuel capacity target by 2030

3 min  |

June 25, 2025

Financial Express Lucknow

Adani Group to demerge airports business in 2 yrs

ADANI AIRPORT HOLDINGS (AAHL), the country's second largest airport operator (by passengers serviced) will be the first of the several subsidiaries to get demerged from parent Adani Enterprises, a senior official said on Tuesday.

1 min  |

June 25, 2025

Financial Express Lucknow

SEPC, IAMI sign pact

The Services Export Promotion Council (SEPC) and the Internet and Mobile Association of India (IAMAI) have signed a Memorandum of Understanding (MoU) to advance India's digital services exports and strengthen the global presence of Indian digital businesses.

1 min  |

June 25, 2025

Financial Express Lucknow

Oyster Renewable aims 2 GW capacity by 2030

OYSTER RENEWABLE ENERGY is aiming to set up 2 gigawatts (GW) of green energy capacity by 2030, with an estimated investment of ₹14,000 crore, the company's managing director Siddharth Bhatia told FE.

1 min  |

June 25, 2025

Financial Express Lucknow

Agri minister flags concerns over edible oil import surge

INDIA SHOULD NOT ideally be importing edible oils, agriculture minister Shivraj Singh Chouhan said on Tuesday, indicating his ministry's concerns over keeping low import duties on these items.

1 min  |

June 25, 2025

Financial Express Lucknow

India Takes Lead in 5G Coverage: Ericsson

THE JUNE 2025 edition of the Ericsson Mobility Report tracks the global rise of 5G, with particular focus on monetisation opportunities through Fixed Wireless Access (FWA), rapid growth in data consumption, and new enterprise use cases.

1 min  |

June 25, 2025

Financial Express Lucknow

Coal Stocks at New High

THE COAL STOCKS at all thermal power plants have reached an all-time high of 61.3 million tonnes, which is sufficient to meet 25 days of consumption, railway ministry said in a statement on Tuesday.

1 min  |

June 25, 2025

Financial Express Lucknow

Adani aims $15-bn capex a year

IN TERMS OF consolidated numbers, the group's revenues grew by 7%, Ebitda by 8.2%, and net debt-to-Ebitda ratio remained at 2.6x, he said.

1 min  |

June 25, 2025

Financial Express Lucknow

Decline in interest rates unlikely to boost affordable housing

A cut in interest rates should be a big booster for affordable housing as the segment is highly rate-sensitive. But the reality may be different.

3 min  |

June 25, 2025

Financial Express Lucknow

₹1,980-cr defence contracts sealed

THE DEFENCE MINISTRY has concluded 13 contracts worth ₹1,980 crore under the emergency procurement mechanism to boost the Indian Army's operational readiness in countering cross-border terrorism.

2 min  |

June 25, 2025

Financial Express Lucknow

Fragile ceasefire takes hold

PRESIDENT TRUMP LASHED out at Israel and Iran on Tuesday for launching attacks after he had announced a cease-fire, highlighting the fragility of the deal that seeks to end 12 days of deadly fighting.

2 min  |

June 25, 2025

Financial Express Lucknow

FMCG growth is not just about listed firms alone

Consumer goods major Marico, which crossed ₹10,000 crore in topline in FY25, is looking to double turnover in five years, MD & CEO Saugata Gupta tells Viveat Susan Pinto in an exclusive interview. He throws light on the strategy he has put in place to achieve this, his agenda on digital acquisitions and outlook for the year. Edited excerpts:

3 min  |

June 25, 2025

Financial Express Lucknow

DGCA audit finds major safety lapses at Delhi, Mumbai airports

IN A SWEEPING audit conducted less than two weeks after the tragic crash of Air India's AI171 flight that claimed 270 lives, the Directorate General of Civil Aviation (DGCA) has found significant safety violations across multiple segments of the aviation ecosystem.

1 min  |

June 25, 2025

Financial Express Lucknow

Plane's black box not sent abroad: Minister

CIVIL AVIATION MINISTER Kinjarapu Rammohan Naidu announced on Tuesday that the black box from the crashed Air India Flight 171 is currently in India and has not been sent abroad for investigation, contrary to speculations.

1 min  |

June 25, 2025

Financial Express Lucknow

RBI to conduct VRRR on Friday after seven months

\"If the short-term falls too much, participants tend to borrow more from the short-term market and lend long-term or unsecured loans.

1 min  |

June 25, 2025

Financial Express Lucknow

Rare earths: Decision on subsidy scheme soon

The government is likely to take a decision on rolling out a scheme to subsidise domestic production of rare earth magnets in the next 15-20 days, Union minister HD Kumaraswamy said on Tuesday.

2 min  |

June 25, 2025

Financial Express Lucknow

On track to reach $10-bn sourcing goal: Walmart

Doug McMillon on Tuesday reaffirmed the company's commitment to increase annual sourcing from India to $10 billion by 2027, stating it is actively working with suppliers to meet this ambitious target.

1 min  |

June 25, 2025

Financial Express Lucknow

FM rebuts 'tariff king' tag...

US PRESIDENT DONALD Trump had branded India as a \"tariff king\" on many occasions in the past few months.

1 min  |

June 25, 2025

Financial Express Lucknow

Hindalco to buy US-based firm AluChem for $125 mn

ADITYA BIRLA GROUP's flagship metals company, Hindalco Industries, has announced the acquisition of US-based AluChem Companies for $125 million, marking its entry into the low-soda tabular alumina segment — a high-performance material used in precision industrial applications.

1 min  |

June 25, 2025

Financial Express Lucknow

Clinching US deal by Jul 9

However, India traditionally resisted giving market access in these areas to free trade agreement partners to protect marginal farmers.

1 min  |

June 24, 2025

Financial Express Lucknow

Global Brokerages Bet Oil at $90-120/bbl

WITH ESCALATION IN the West Asia conflict and Iran's plan to close the Strait of Hormuz, one of the world's largest shipping routes, the price of crude oil, the most widely tracked commodity worldwide alongside gold, is in the spotlight.

2 min  |

June 24, 2025

Financial Express Lucknow

MPC Member Sees Limited Impact of Large Rate Cut

THE IMMEDIATE INCREMENTAL impact of an additional 25 basis-point rate cut delivered earlier this month by the Reserve Bank of India's monetary policy committee may be relatively limited, external member Saugata Bhattacharya told Reuters on Monday.

1 min  |

June 24, 2025

Financial Express Lucknow

Kalpataru Raises ₹708 Cr From Anchor Investors

MUMBAI REALTOR KALPATARU raised ₹708 crore as anchor investment from nine elite investors, including GIC Singapore, the largest foreign investor (FPI) in Indian markets, at the upper end of the price band (₹414).

1 min  |

June 24, 2025