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Financial Express Lucknow

Digi payments: SBI & BoB get nod to set up intelligence arm

STATE BANK OF India (SBI) and Bank of Baroda (BoB) have received approval from the Reserve Bank of India (RBI) to form section-8 companies under the Companies Act, 2013 for digital payments intelligence platform called Indian Digital Payment Intelligence Corporation (IDPIC), lenders informed the exchanges on Wednesday.

1 min  |

December 11, 2025

Financial Express Lucknow

Account aggregator’s single consent mechanism not okay: SBI MD

SBI MANAGING DIRECTOR Ashwini Kumar Tewari on Wednesday expressed concerns over Account Aggregator's mechanism of obtaining a single consent from customers for all financial services products.

1 min  |

December 11, 2025

Financial Express Lucknow

Are you helpless? Delhi HC asks Centre

THE DELHI HIGH Court on Wednesday questioned the central government for not taking timely action to check the crisis caused by IndiGo flight cancellations and asked why the situation was allowed to precipitate, with lakhs of passengers stranded and other airlines charging hefty fares.

1 min  |

December 11, 2025

Financial Express Lucknow

Lloyds Metals, Tata Steel sign MoU

LLOYDS METALS AND Energy (LMEL) on Wednesday signed a memorandum of understanding (MoU) with Tata Steel to advance the mining and steel sectors in Gadchiroli, Maharashtra.

1 min  |

December 11, 2025

Financial Express Lucknow

466 units in SEZs closed in last 5 years: Trade ministry

AS MANY AS 466 units have closed during the last five years till FY25 in seven special economic zones (SEZs) across the country, the data shared by the Commerce and Industry Ministry in a written response to a Lok Sabha question showed.

1 min  |

December 11, 2025

Financial Express Lucknow

Fixed cost payments of 30 gas-based urea units to rise

THE GOVERNMENT WILL increase fixed cost payments to 30 gas-based urea manufacturing units by the end of this year, Rajat Kumar Mishra, secretary, ministry of fertiliser said on Wednesday.

1 min  |

December 11, 2025

Financial Express Lucknow

Musk's SpaceX to raise over $25 bn in 2026 IPO

ELON MUSK'S SPACEX is looking to raise more than $25 billion through an initial public offering in 2026, a move that could boost the rocket-maker's valuation to over $1 trillion, a person familiar with the matter told Reuters on Tuesday.

1 min  |

December 11, 2025

Financial Express Lucknow

'Board to bring in external experts to probe disruption'

INDIGO CHAIRMAN VIKRAM Singh Mehta on Wednesday said that the airline's board will examine every aspect of the recent flight disruptions at the carrier.

1 min  |

December 11, 2025

Financial Express Lucknow

India-EU deal blueprint almost ready, says Goyal

FTA TRACKER

1 min  |

December 11, 2025

Financial Express Lucknow

Consumer durables loans revive on GST cut, festive demand

After RBI diktat, banks have scaled down unsecured personal loan exposure including consumer durables

1 min  |

December 11, 2025

Financial Express Lucknow

US court reverses $1-bn order against Byju Raveendran

A US BANKRUPTCY court has reversed a $1 billion damages ruling against Byju Raveendran, according to a statement from the founders of Think and Learn - the parent firm of edtech platform Byju's.

1 min  |

December 11, 2025

Financial Express Lucknow

'Bharat Impatient'

Politicians, thought leaders, bureaucrats and eminent personalities from all walks of life attended the Sixth Ramnath Goenka Lecture, delivered by Prime Minister Narendra Modi

1 min  |

December 11, 2025

Financial Express Lucknow

Trai proposes microwave backhaul spectrum overhaul

THE TELECOM REGULATORY Authority of India (Trai) on Wednesday has proposed to simplify the allocation and pricing of microwave backhaul spectrum across traditional and high-capacity bands.

1 min  |

December 11, 2025

Financial Express Lucknow

Q-comm fee cuts fail to arrest slide in app downloads

POST-FESTIVE SLUMP

2 min  |

December 11, 2025

Financial Express Lucknow

Heed climate finance needs in agrifood

India must continue to demand fair climate finance under Article 9.1 of the Paris Agreement. But it must also invest aggressively in decarbonisation and resilience at home

3 min  |

December 11, 2025

Financial Express Lucknow

1% of Indians hold 40% of wealth

ENTRENCHED INEQUALITY

1 min  |

December 11, 2025

Financial Express Lucknow

100% FDI can attract ₹10-lakh-crore capital: Bajaj General Insurance chief

BAJAJ GENERAL INSURANCE Managing Director and CEO Tapan

2 min  |

December 11, 2025

Financial Express Lucknow

Fast adoption, not invention, to define AI winners: Nadella

MICROSOFT CHAIRMAN AND Chief Executive Satya Nadella on Wednesday said that the winners of the global AI race will be determined by how quickly countries and companies adopt the technology rather than who invents it.

1 min  |

December 11, 2025

Financial Express Lucknow

PMO reviews IndiGo flight disruptions

SENIOR OFFICIALS FROM the DGCA, the Airports Authority of India, and the Ministry of Civil Aviation met with the Prime Minister's Office (PMO) late on Tuesday to discuss IndiGo's recent flight disruptions.

1 min  |

December 11, 2025

Financial Express Lucknow

Nano fertiliser adoption stays far below target

· IFFCO set to launch nano NPK in granular form in a year

1 min  |

December 11, 2025

Financial Express Lucknow

India's offer best: USTR

THE US IS facing barriers in many markets for its agriculture commodities.

2 min  |

December 11, 2025

Financial Express Lucknow

Amazon adds $35 bn to cart

\"LOOKING AHEAD, WE are excited to continue being a catalyst for India's growth, as we democratise access to AI for millions of Indians, create 1 million job opportunities, and quadruple cumulative e-commerce exports to $80 billion by 2030,\" Agarwal said.

1 min  |

December 11, 2025

Financial Express Lucknow

Booster dose for spatial tech

THE INDIA GEOSPATIAL analytics market is expected to reach ₹28,200 crore by 2030 from ₹14,100 crore in 2025, with a 14.87% CAGR over the period. This exponential trajectory highlights the increasing adoption of spatial technologies across sectors, driven by conducive policies and domestic innovations.As a core geospatial technology, the geographic information system (GIS) is at the forefront of this impact story. With its unique ability to integrate with emerging technologies such as AI, machine learning, IoT, and big data analytics, GIS is transforming how India governs, plans,and manages its resources, paving the way for a more sustainable and future-ready nation.

1 min  |

December 11, 2025

Financial Express Lucknow

India's offer is the best we've ever got: USTR

· US team in Delhi for trade deal talks

1 min  |

December 11, 2025

Financial Express Lucknow

NBFC vehicle finance AUM to hit ₹11 lakh cr by FY27: Crisil

VEHICLE FINANCE PORTFOLIOS of NBFCs are projected to reach ₹11 lakh crore by March 2027, growing at 16-17% annually in the current and next fiscals, supported by policy measures and favourable macroeconomic conditions, according to Crisil.

1 min  |

December 11, 2025

Financial Express Lucknow

Trade talks with Oman, New Zealand in final phase

COMMERCE AND INDUSTRY Minister Piyush Goyal on Wednesday said negotiations for free trade agreements with Oman and New Zealand are in their last phase, and both are expected to be concluded soon.

1 min  |

December 11, 2025

Financial Express Lucknow

Deeptech startups to solve real-world problems

IIM BANGALORE BECOMES A HUB FOR SCALING INNOVATIVE VENTURES

2 min  |

December 11, 2025

Financial Express Lucknow

IFFCO scouting for JVs in Lanka, Jordan & Senegal

AS IMPORT OF raw materials is constrained by global conflicts, fertiliser cooperative IFFCO is scouting to set up joint venture manufacturing facilities in Sri Lanka, Jordan and Senegal, with an option of buying back the soil nutrients, KJ Patel, managing director, IFFCO said.

1 min  |

December 11, 2025

Financial Express Lucknow

Trump, seeking economic reset, insists smart people back tariffs

PRESIDENT DONALD TRUMP said people were \"starting to learn\" the benefits of his tariff regime as he sought to convince voters his administration was moving to address affordability concerns, taking to the road in hopes of countering a mounting political vulnerability.

1 min  |

December 11, 2025

Financial Express Lucknow

Rate cut gives further impetus to home loans

DEMAND TO STAY STRONG

2 min  |

December 11, 2025