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Financial Express Lucknow

India can achieve 6.5% GDP growth in FY26: EY report

INDIA MAY BE able to achieve a real GDP growth of 6.5% in FY26, driven by strong domestic demand with a pickup in private investment spurred by lower interest rates, in spite of ongoing global uncertainties, according to an EY report.

1 min  |

May 29, 2025

Financial Express Lucknow

VC firms employ AI to automate...

SOMSHUBHRO PAL CHOUDHURY, co-founder and partner at Bharat Innovation Fund, described the process as AI \"sifting through thousands of startups\" to identify those that align with a fund's investment thesis, dramatically improving the ability to detect promising opportunities early.

1 min  |

May 29, 2025

Financial Express Lucknow

Bond market gets a boost as first forwards deal takes off

Kotak Life and JP Morgan execute the deal valued at ₹20 cr

2 min  |

May 29, 2025

Financial Express Lucknow

Oberoi sees 'no chance' of resuming airport lounge biz

OBEROI HOTELS AND Resorts, managed by EIH, sees \"no chance\" of regaining its airport lounge business in Mumbai and will focus on in-flight catering segment instead to make up for the lost revenue.

1 min  |

May 29, 2025

Financial Express Lucknow

Lagarde Discussed Leaving ECB Early

EUROPEAN CENTRAL BANK President Christine Lagarde has discussed cutting short her term to chair the World Economic Forum, the organisation's departed founder Klaus Schwab told the Financial Times in an interview.

1 min  |

May 29, 2025

Financial Express Lucknow

BAT Offloads 2.5% ITC Stake via ₹12,927-Crore Block Deal

BRITISH AMERICAN TOBACCO on Wednesday offloaded a 2.5% stake in ITC for ₹12,927 crore ($1.5 billion), according to a revised term sheet.

1 min  |

May 29, 2025

Financial Express Lucknow

Rains push spot power prices down

Demand Cools

1 min  |

May 29, 2025

Financial Express Lucknow

Our funds will target wider audience

South Africa's largest asset manager, $80-billion Sanlam Group, picked up a 23% stake in Shriram AMC for ₹105 crore on Tuesday to become a co-promoter.

2 min  |

May 29, 2025

Financial Express Lucknow

Markets Close Lower for Second Day, ITC Looms on Indices

The equity benchmarks edged lower on Wednesday, the second day in a row, dragged by a slide in ITC, even as the broader sentiment stayed upbeat on positive global cues, while investors awaited the US Federal Reserve's policy minutes.

1 min  |

May 29, 2025

Financial Express Lucknow

The eternal student

WHILE EDTECH LEADERS ADAPT AMID FUNDING WINTER & BACK-TO-CLASSROOM SHIFT, GAURAV MUNJAL HOLDS INVESTOR LEVERAGE WITH CASH STILL IN THE BANK

3 min  |

May 29, 2025

Financial Express Lucknow

Rains push spot power prices down

Demand Cools

1 min  |

May 29, 2025

Financial Express Lucknow

FM Asks State-Run Insurers To Offer Innovative Products

FINANCE MINISTER NIRMALA Sitharaman on Wednesday reviewed the key performance indicators of public sector general insurance companies and directed them to develop innovative insurance products tailored to new and emerging risks.

1 min  |

May 29, 2025

Financial Express Lucknow

Firms rush to sell short-term debt

INDIAN FIRMS HAVE stepped up short-term bond sales with issues worth around ₹27,000 crore lined up through Thursday as the Reserve Bank of India's rate cuts and hefty liquidity injections have made these borrowings cheaper.

1 min  |

May 29, 2025

Financial Express Lucknow

Oberoi sees 'no chance' of resuming airport lounge biz

OBEROI HOTELS AND Resorts, managed by EIH, sees \"no chance\" of regaining its airport lounge business in Mumbai and will focus on in-flight catering segment instead to make up for the lost revenue.

1 min  |

May 29, 2025

Financial Express Lucknow

Missing competitive edge

Missing competitive edge

3 min  |

May 29, 2025

Financial Express Lucknow

The eternal student

WHILE EDTECH LEADERS ADAPT AMID FUNDING WINTER & BACK-TO-CLASSROOM SHIFT, GAURAV MUNJAL HOLDS INVESTOR LEVERAGE WITH CASH STILL IN THE BANK

3 min  |

May 29, 2025

Financial Express Lucknow

Vikram Singh Mehta appointed IndiGo chairman

INDIGO, THE COUNTRY'S largest airline, on Wednesday announced the appointment of Vikram Singh Mehta as the new chairman, succeeding Venkataramani Sumantran.

1 min  |

May 29, 2025

Financial Express Lucknow

As Trump seeks Iran deal, Israel again raises possible strikes on nuke sites

As the Trump administration tries to negotiate a nuclear deal with Iran, PM Benjamin Netanyahu of Israel has been threatening to upend the talks by striking Iran's main nuclear enrichment facilities, according to officials.

1 min  |

May 29, 2025

Financial Express Lucknow

Nissan Plans to Raise $7 Billion With Backing From UK Govt

Nissan Motor, facing a huge loan repayment wall next year, is seeking to raise more than ¥1 trillion ($7 billion) from debt and asset sales to keep operations on track, according to internal documents seen by Bloomberg.

1 min  |

May 29, 2025

Financial Express Lucknow

Industrial Output Slows to 8-Month Low

HOWEVER, THE COMBINED weight of these 16 sectors in manufacturing is 49.7%. Furthermore, only 11 sub-sectors out of a total 23, had a higher year-on-year (y-o-y) growth than the overall output growth in April 2025, illustrating the skewness in the industrial growth,\" Paras Jasrai, economist at India Ratings, said.

1 min  |

May 29, 2025

Financial Express Lucknow

Early diagnosis, timely cure

BREAST CANCER is the most common cancer in women worldwide. In India, it accounts for 28% of all female cancers. Late diagnosis and inadequate access to quality treatment are major challenges, leading to lower survival rates. While mammography remains the gold standard screening technique, it has limitations—the test does not detect all cancers, is not effective in dense breast tissue, and there are also concerns around radiation exposure. It is also not readily available everywhere due to limited resources, infrastructure constraints, and cost.

2 min  |

May 29, 2025

Financial Express Lucknow

AI-versus-AI arms race is redefining cybersecurity

Agentic AI represents the next wave of artificial intelligence, enabling systems to operate autonomously, make decisions, and execute tasks with minimal human intervention.

1 min  |

May 29, 2025

Financial Express Lucknow

PepsiCo India logs ₹883-crore profit in 2024 after fiscal shift

Firm posts revenue of ₹9,096 cr; packaged food share at 75%

2 min  |

May 29, 2025

Financial Express Lucknow

As Trump seeks Iran deal, Israel again raises possible strikes on nuke sites

As the Trump administration tries to negotiate a nuclear deal with Iran, PM Benjamin Netanyahu of Israel has been threatening to upend the talks by striking Iran's main nuclear enrichment facilities, according to officials.

1 min  |

May 29, 2025

Financial Express Lucknow

Early diagnosis, timely cure

BREAST CANCER is the most common cancer in women worldwide. In India, it accounts for 28% of all female cancers. Late diagnosis and inadequate access to quality treatment are major challenges, leading to lower survival rates. While mammography remains the gold standard screening technique, it has limitations—the test does not detect all cancers, is not effective in dense breast tissue, and there are also concerns around radiation exposure. It is also not readily available everywhere due to limited resources, infrastructure constraints, and cost.

2 min  |

May 29, 2025

Financial Express Lucknow

Nissan Plans to Raise $7 Billion With Backing From UK Govt

Nissan Motor, facing a huge loan repayment wall next year, is seeking to raise more than ¥1 trillion ($7 billion) from debt and asset sales to keep operations on track, according to internal documents seen by Bloomberg.

1 min  |

May 29, 2025

Financial Express Lucknow

Policy-easing bets fuel rally in bonds, yield at 3.5-yr low

GOVERNMENT BONDS RALLIED on Wednesday, with the 10-year yield slipping to the lowest in more than three-and-a-half years, in anticipation of a further monetary policy easing by the Reserve Bank of India next week.

1 min  |

May 29, 2025

Financial Express Lucknow

TCS crosses $30 bn in FY25 revenue as GenAI sparks civilizational shift

Generative AI was the most transformative force in 2024, driving profound changes across a wide range of technologies, including semiconductors, cloud computing, quantum technologies, robotics, and energy, Tata Consultancy Services (TCS) chairman N Chandrasekaran said in the company's annual report for FY25.

2 min  |

May 29, 2025

Financial Express Lucknow

Cabinet Clears Rail Projects Worth ₹3.4K Cr

The Cabinet Committee on Economic Affairs (CCEA) on Wednesday gave nod to two multitracking projects for Indian Railways.

1 min  |

May 29, 2025

Financial Express Lucknow

FM Asks State-Run Insurers To Offer Innovative Products

FINANCE MINISTER NIRMALA Sitharaman on Wednesday reviewed the key performance indicators of public sector general insurance companies and directed them to develop innovative insurance products tailored to new and emerging risks.

1 min  |

May 29, 2025