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Financial Express Lucknow

Mittal in talks to buy $2-bn stake in Haier's India unit

BHARTI ENTERPRISES CHAIRMAN Sunil Mittal is in advanced talks to acquire a 49% stake in the Indian unit of China's Haier Smart Home, according to people familiar with the matter, as the billionaire looks to tap growing demand for goods such as home appliances in the country.

1 min  |

May 10, 2025

Financial Express Lucknow

Govt reviewing US demand for less curbs on GM crop imports

INDIA IS ANALYSING a US request to ease restrictions around the purchase of genetically modified crops as part of ongoing trade negotiations between the two countries, people aware of the matter said.

1 min  |

May 10, 2025

Financial Express Lucknow

Alphabet Shares Take $115 Billion Blow as Search Warnings Blare

Downward Dip

2 min  |

May 10, 2025

Financial Express Lucknow

Forex reserves drop $2 billion, snap 8-week streak of gains

INDIA'S FOREIGN EXCHANGE reserves declined by $2.07 billion, to $686.06 billion as of May 2, snapping an eight-week gaining streak that had lifted reserves to a near six-month high, data released by the central bank on Friday showed.

1 min  |

May 10, 2025

Financial Express Lucknow

Low-cost deposit pressure may ease by Q3

Canara Bank is fine-tuning its gold loan portfolio in line with regulatory guidance, based on ongoing discussions, said MD and CEO K. Satyanarayana Raju in a conversation with Narayanan V.

3 min  |

May 10, 2025

Financial Express Lucknow

Blasts in J&K, parts of Punjab

IN PATHANKOT, FEROZEPUR, locals claimed that they heard sound of explosions while similar reports also came in from Gurdaspur and Tarn Taran's Patti area although there was no official confirmation about what caused the sound.

1 min  |

May 10, 2025

Financial Express Lucknow

Odisha Eyes ₹1.2L-Cr Petchem Projects To Reduce Imports

Odisha is expecting a ₹1.2 lakh crore ($14.1 billion) investment over the next 10 years to build a petrochemical hub near the Bay of Bengal, according to a senior government official.

1 min  |

May 10, 2025

Financial Express Lucknow

PSBs' FY25 Profit Hits Record High of ₹1.78L Cr

PUBLIC SECTOR BANKS' cumulative profit rose to a record level of ₹1.78 lakh crore in FY25, registering a growth of 26% over the previous year.

1 min  |

May 10, 2025

Financial Express Lucknow

Lost Cities & Whispers Of The Indus

The area around Dholavira in Gujarat is so pristine that when we decided to explore the ruins of this ancient city, the aim was to leave a minimum carbon footprint, and that could only have been achieved with an electric car.

2 min  |

May 10, 2025

Financial Express Lucknow

India-Pakistan flare-ups drag benchmark indices down 1%

BENCHMARK INDICES EXTENDED their losing streak for the second consecutive session on Friday, as geopolitical tensions between India and Pakistan escalated further.

1 min  |

May 10, 2025

Financial Express Lucknow

India Offers to Cut Tariff Gap to Seal US Trade Deal

IT LOWERS AVERAGE British tariffs on US goods but keeps in place the 10% base tariff imposed by Washington on British goods, likely setting a template for Washington's approach with other trading partners.

1 min  |

May 10, 2025

Financial Express Lucknow

Non-military options

India is rightly deploying other measures also to make Pakistan pay for its cross-border transgressions

2 min  |

May 10, 2025

Financial Express Lucknow

Panasonic to lay off 10,000 employees

PANASONIC HOLDINGS IS slashing headcount by 10,000, or more than 4%, part of a push to cull non-growth operations and boost profitability.

1 min  |

May 10, 2025

Financial Express Lucknow

India, New Zealand wrap up first round of FTA talks

WORKING AGAINST a tight deadline, India and New Zealand on Friday concluded the first round of negotiations on a bilateral free trade agreement (FTA).

2 min  |

May 10, 2025

Financial Express Lucknow

Share of gold in forex reserves doubles in 10 yrs

THE SHARE OF gold in India's foreign exchange reserves more than doubled to 11.7% in 10 years, reports Saikat Neogi.

1 min  |

May 10, 2025

Financial Express Lucknow

Execs traded shares before accounting disclosure: Document

A FORENSIC REVIEW by audit and advisory firm Grant Thornton found two top executives of IndusInd Bank traded in its shares while they were aware of accounting lapses at the bank before those were made public, a document reviewed by Reuters showed.

1 min  |

May 09, 2025

Financial Express Lucknow

BTA Negotiators to Visit US This Month

INDIA'S NEGOTIATING TEAM will be visiting the US later this month to advance talks on the bilateral trade agreement (BTA), sources said on Thursday.

1 min  |

May 09, 2025

Financial Express Lucknow

OTT Players Asked to Stop Streaming Pak-Origin Content

Amid rising tensions with Pakistan, the government on Thursday advised OTT platforms and social media intermediaries operating in India to discontinue streaming of Pakistan-origin content, including web-series, films, and podcasts with immediate effect.

1 min  |

May 09, 2025

Financial Express Lucknow

L&T profit rises 25%, exceeds estimates

Larsen & Toubro (L&T) on Thursday reported a net profit of ₹5,497 crore in Q4FY25, an increase of 25% year-on-year.

1 min  |

May 09, 2025

Financial Express Lucknow

IPL Match Called Off Amid Blackout in Dharamsala

The IPL match between Punjab Kings and Delhi Capitals here on Thursday was cancelled midway following air raid alerts in neighbouring cities of Jammu and Pathankot, putting the entire league at risk of being called off due to India's ongoing military conflict with Pakistan.

1 min  |

May 09, 2025

Financial Express Lucknow

India's participation in Great Patriotic War

India played a significant role in defeating the Axis powers.

1 min  |

May 09, 2025

Financial Express Lucknow

Russia violating its own ceasefire, says Ukraine

UKRAINE'S FOREIGN MINISTER said on Thursday Russia had repeatedly violated its own 3-day ceasefire hours after it began and called the initiative a \"farce,\" while Moscow said Kyiv had continued fighting.

1 min  |

May 09, 2025

Financial Express Lucknow

Schools shut in many states

Amid escalating tensions between India and Pakistan, many states have announced the closure of schools, blackouts in border districts, and cancellation of leave for police personnel and administration officials.

1 min  |

May 09, 2025

Financial Express Lucknow

We will surpass credit growth target for current fiscal

Punjab National Bank is aiming at bringing down gross non-performing assets (GNPA) to below 3%, a milestone it has not achieved in years, says MD & CEO Ashok Chandra.

1 min  |

May 09, 2025

Financial Express Lucknow

RIL exits trademark bid for Operation Sindoor

This category typically covers entertainment and media services, including film production, online content, education, and cultural programming.

1 min  |

May 09, 2025

Financial Express Lucknow

New high-flyers in the endorsement stakes

PANT & JADEJA COULD LOSE ON THE AD TURF AS NEW STARS EMERGE

3 min  |

May 09, 2025

Financial Express Lucknow

Smaller IT firms outshine giants

MID- AND SMALL-CAP information technology services firms continued to outshine their larger counterparts in the fourth quarter as well as the full 2024-25 financial year, a trend analysts believe is set to continue in FY26.

1 min  |

May 09, 2025

Financial Express Lucknow

How to enjoy volatility

IT CAN'T BE repeated enough but the market is like the ocean — nobody can truly comprehend it and, from time to time, it can throw up sudden squalls that send volatility shooting higher.

3 min  |

May 09, 2025

Financial Express Lucknow

Boeing's Delivery Delays Don't Affect Us

Akasa Air has carried 17 million passengers since inception, of which close to 7 million came in the last one year. Aircraft delays, however, have slowed down the airline.

3 min  |

May 09, 2025

Financial Express Lucknow

India Inks Terms of Reference for Chile Trade Pact

INDIA AND CHILE signed on Thursday the terms of reference for a comprehensive free trade agreement.

1 min  |

May 09, 2025