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Financial Express Lucknow

Markets rebound as US court blocks reciprocal tariffs

THE EQUITY BENCHMARKS rebounded on Thursday after two days of decline, mirroring a rally in global markets as a US court blocked President Donald Trump's reciprocal tariffs.

1 min  |

May 30, 2025

Financial Express Lucknow

Job growth slows to 2.8% on cost-conscious hiring: Teamlease

INDIA'S JOB MARKET is projected to grow by 2.8% in the first half of FY26, reflecting a more cautious and demand-sensitive hiring approach, according to TeamLease Services' latest Employment Outlook Report released on Thursday.

1 min  |

May 30, 2025

Financial Express Lucknow

Parts shortage slows e-bus manufacturing

OLECTRA GREENTECH'S INABILITY to ensure timely delivery of electric buses — which prompted the Maharashtra government to issue directions for cancelling a 5,150-vehicle order — stems from an impediment that ails the entire sector: sparse supply of components, particularly of chassis and battery.

1 min  |

May 30, 2025

Financial Express Lucknow

ICAI to review IndusInd books

Under Scanner

1 min  |

May 30, 2025

Financial Express Lucknow

Musk, distanced from Trump, says he's exiting White House

OUT OF FAVOUR?

2 min  |

May 30, 2025

Financial Express Lucknow

UPI share in digital payments ecosystem swells to 83.7%

THE UNIFIED PAYMENTS Interface (UPI) continued to consolidate its dominance in India's digital payments ecosystem, accounting for 83.7% of the total transaction volume in FY25, up from 79.7% in FY24.

1 min  |

May 30, 2025

Financial Express Lucknow

Walmart International Won't Rush Flipkart to Profitability

WALMART INTERNATIONAL, a division of Walmart Inc, is taking a measured approach to Flipkart's growth, prioritizing market share and long-term opportunity over short-term profitability.

1 min  |

May 30, 2025

Financial Express Lucknow

Job growth slows to 2.8% on cost-conscious hiring: Teamlease

INDIA'S JOB MARKET is projected to grow by 2.8% in the first half of FY26, reflecting a more cautious and demand-sensitive hiring approach, according to TeamLease Services' latest Employment Outlook Report released on Thursday.

1 min  |

May 30, 2025

Financial Express Lucknow

UPI share in digital payments ecosystem swells to 83.7%

THE UNIFIED PAYMENTS Interface (UPI) continued to consolidate its dominance in India's digital payments ecosystem, accounting for 83.7% of the total transaction volume in FY25, up from 79.7% in FY24.

1 min  |

May 30, 2025

Financial Express Lucknow

Sadhana Broadcast: Sebi bans Arshad Warsi, 58 others

SEBI ON THURSDAY barred Bollywood actor Arshad Warsi, his wife Maria Goretti, and 57 other entities from the securities markets for periods ranging from 1-5 years in a case related to misleading videos on YouTube channels recommending investors to buy shares of Sadhana Broadcast.

1 min  |

May 30, 2025

Financial Express Lucknow

Bery: Economy at $15 Trillion in PPP Terms, More Than Half of US

NITI Vice-Chairman Suman Bery on Thursday urged states to take full advantage of the free trade agreements (FTAs) that the country is signing with developed nations.

1 min  |

May 30, 2025

Financial Express Lucknow

Bery: Economy at $15 Trillion in PPP Terms, More Than Half of US

NITI Vice-Chairman Suman Bery on Thursday urged states to take full advantage of the free trade agreements (FTAs) that the country is signing with developed nations.

1 min  |

May 30, 2025

Financial Express Lucknow

Young and rural borrowers drive next wave of fintech expansion

Nearly 9 in 10 small-ticket personal loans, those under ₹50,000, now originate from fintechs, with average loan sizes shrinking even among above-prime borrowers.

1 min  |

May 30, 2025

Financial Express Lucknow

Bajaj Auto Beats Estimates, Profit Up 6% to ₹2,049 Crore

BAJAJ AUTO on Thursday posted a 6% year-on-year increase in standalone net profit for the January-March quarter at ₹2,049.3 crore, marginally above Bloomberg's consensus estimate of ₹2,013.1 crore.

2 min  |

May 30, 2025

Financial Express Lucknow

Nano urea push hit by slow adoption

FOUR YEARS AFTER the launch of nano urea and nano-DAP (diammonium phosphate), their adoption among farmers has not been as fast as expected.

1 min  |

May 30, 2025

Financial Express Lucknow

Mittal bats for one nation, one election

SUNIL BHARTI MITTAL, chairman of Bharti Enterprises, on Thursday urged the industry to rally behind the \"One Nation, One Election\" reform and actively engage with the government and political parties to underline its economic benefits.

1 min  |

May 30, 2025

Financial Express Lucknow

Karnataka to charge slab-based welfare fee from aggregators

The Karnataka Government is likely to introduce a comprehensive tiered or slab-based structure to collect welfare fees from aggregators to support the Karnataka Gig Workers Social Security and Welfare Fund.

1 min  |

May 30, 2025

Financial Express Lucknow

New subscribers: Jio ring gets louder

RELIANCE JIO CONTINUED to outpace Bharti Airtel in monthly subscriber additions in April 2025, registering 2.64 million new users, according to telecom subscriber data released by the Telecom Regulatory Authority of India (Trai).

1 min  |

May 30, 2025

Financial Express Lucknow

Razorpay parent shifts domicile to India

FINTECH UNICORN RAZORPAY, backed by Y Combinator and Peak XV, has completed the process of shifting its parent company's domicile to India from the US.

1 min  |

May 30, 2025

Financial Express Lucknow

US Court Blocks Trump Tariffs

\"THAT USE IS impermissible not because it is unwise or ineffective, but because (federal law) does not allow it.\"

2 min  |

May 30, 2025

Financial Express Lucknow

Rate Cut Season May Get Longer

THE REPORT HIGHLIGHTS a series of supportive factors, including a revival in private consumption, strengthening balance sheets of both banks and corporates, accommodative financial conditions, and a persistent push by the government towards capital expenditure.

1 min  |

May 30, 2025

Financial Express Lucknow

Nvidia Discloses More China Risks

EVEN AS NVIDIA reported another blockbuster quarter of 69% sales growth on Wednesday, the maker of artificial intelligence chips warned of more risks to its business emerging in the technology conflict between the US and China.

1 min  |

May 30, 2025

Financial Express Lucknow

Company considers dollar bond buyback on strong cash flow

ADANI PORTS AND Special Economic Zone (APSEZ), the transport and logistics arm of Adani Group, plans to consider a US dollar bond buyback as robust business growth has given it ample cash flows.

1 min  |

May 30, 2025

Financial Express Lucknow

Trump's Latest: Harvard Must Act Within 30 Days

The Trump Administration on Thursday backed away from plans to immediately revoke Harvard University's ability to enroll international students and would instead give it 30 days to contest those plans through a lengthier administrative process.

1 min  |

May 30, 2025

Financial Express Lucknow

Parts shortage slows e-bus manufacturing

OLECTRA GREENTECH'S INABILITY to ensure timely delivery of electric buses — which prompted the Maharashtra government to issue directions for cancelling a 5,150-vehicle order — stems from an impediment that ails the entire sector: sparse supply of components, particularly of chassis and battery.

1 min  |

May 30, 2025

Financial Express Lucknow

ECBs rise fivefold to $18.7 billion

NET EXTERNAL COMMERCIAL borrowings (ECBs) rose more than five times to $18.7 billion in FY25, compared with $3.6 billion a year ago, the Reserve Bank of India's (RBI) annual report for 2024-25 showed.

1 min  |

May 30, 2025

Financial Express Lucknow

Design in India for the next level of growth: Vaishnaw

UNION IT AND RAILWAYS minister Ashwini Vaishnaw on Thursday stated that both manufacturing and services are crucial for driving India's next phase of economic growth.

1 min  |

May 30, 2025

Financial Express Lucknow

DoT seeks Trai views on spectrum pricing

THE GOVERNMENT HAS approached telecom regulator Trai for recommendations on reserve price and other modalities for the auction of at least nine mainstream spectrum bands, including 800 MHz, 900 MHz and 1800 MHz, that are primarily used for transmitting mobile phone voice and data signals.

1 min  |

May 30, 2025

Financial Express Lucknow

Healthtech firm Practo posts first full-year profit in FY25

HEALTHTECH STARTUP PRACTO posted profit in all four quarters of a financial year for the first time in FY25, after narrowing its operating losses over the previous two years.

1 min  |

May 29, 2025

Financial Express Lucknow

Prices of imported liquor to drop with UK FTA: Pernod

Pernod Ricard India on Wednesday said a reduction in prices of imported liquor following the implementation of the India-UK free trade agreement (FTA) will lead to lower retail prices across most states.

1 min  |

May 29, 2025