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Financial Express Lucknow

Wheat prices soften as new crop arrives

WITH THE ARRIVAL of newly harvested wheat, mandi prices of the grain of milling quality have fallen significantly in the past one month, traders said.

1 min  |

April 18, 2025

Financial Express Lucknow

Investment limit of MFs in REITs, InvITs may be raised

SEBI ON THURSDAY proposed enhancing limits for investments by mutual funds in real estate investment trusts (REITs) and infrastructure investment trusts (InvITs), in a bid to provide more investment avenues and further diversification of such schemes.

1 min  |

April 18, 2025

Financial Express Lucknow

Possible signature of life on a distant planet

While inspecting K2-18b, Madhusudhan and his colleagues discovered it had many of the molecules they had predicted a Hycean planet would possess.

2 min  |

April 18, 2025

Financial Express Lucknow

Three Gensol independent directors resign

TWO MORE GENSOL Engineering independent directors — Harsh Singh and Kuljit Singh Popli — have tendered their resignations amid the company facing allegations of misuse of funds, according to a regulatory filing on Thursday.

1 min  |

April 18, 2025

Financial Express Lucknow

After CCI raids, ad group warns against pricing discussions

AFTER FACING CCI raids, a group of major ad agencies has asked members, who include GroupM, Dentsu and Publicis, to avoid communicating with rivals over WhatsApp or share sensitive pricing data, a document shows.

1 min  |

April 18, 2025

Financial Express Lucknow

RBI's ₹40,000-cr OMO gets double bids from banks

THE RESERVE BANK of India (RBI) on Thursday received bids exceeding twice the notified amount in its open market operation (OMO) purchase from banks.

1 min  |

April 18, 2025

Financial Express Lucknow

Yield falls to lowest level since Dec 16, 2021

Bonds Rally

1 min  |

April 18, 2025

Financial Express Lucknow

SC Allows 'Untainted' Bengal Teachers to Stay Till December 31

The Supreme Court on Thursday extended the services of \"untainted\" candidates employed as assistant teachers for Classes 9-12 under the West Bengal School Service Commission's (SSC) recruitment process in 2016 until December 31, asking the state government to complete fresh recruitments by then.

1 min  |

April 18, 2025

Financial Express Lucknow

Nvidia boss Jensen visits Beijing post US chip ban

NVIDIA CHIEF EXECUTIVE officer Jensen Huang arrived in Beijing Thursday, shortly after the Trump administration barred the company from selling H20 AI chip to China.

1 min  |

April 18, 2025

Financial Express Lucknow

HUL to modify sunscreen ad

Honasa to take down social media posts

1 min  |

April 18, 2025

Financial Express Lucknow

Students 'opt out' of US amid visa woes

THE ONGOING STANDOFF between the US government and Ivy League universities, along with stricter post-study visa rules, increasing cancellations of H-1B visas, and high rejection rates, is weighing heavily on the minds of Indian students planning to pursue higher education in the US.

2 min  |

April 18, 2025

Financial Express Lucknow

Outdoor ads get a digital makeover

TECHNOLOGY IS BREATHING NEW LIFE INTO OUT-OF-HOME ADVERTISING

3 min  |

April 18, 2025

Financial Express Lucknow

Officials to Visit US Next Week to Iron Out 'Certain Issues'

A team of officials from the ministry of commerce and industry is likely to visit the US next week to \"iron out certain issues\", before both countries launch formal negotiations on a bilateral trade agreement (BTA).

1 min  |

April 18, 2025

Financial Express Lucknow

Flipkart employees asked to work from office 5 days/week

WALMART-OWNED E-COMMERCE giant Flipkart has ended its work-from-home policy, instructing all employees to return to office five days a week.

1 min  |

April 18, 2025

Financial Express Lucknow

Fitch Cuts India's GDP Forecast to 6.4%

FITCH RATINGS ON Thursday cut India's GDP growth estimate by 10 basis points (bps) to 6.4% for the current fiscal, but retained the projections for the next financial year, on concerns over a 'severe' escalation in global trade war.

1 min  |

April 18, 2025

Financial Express Lucknow

Rapid changes may create uncertainty: Pandey

REITERATING THE SECURITIES & Exchange Board of India's (Sebi) approach towards optimum regulation, chairperson Tuhin Kanta Pandey on Thursday said rapid changes may create regulatory uncertainties at a time when the industry is facing global headwinds.

1 min  |

April 18, 2025

Financial Express Lucknow

CGD firms may hike CNG prices by ₹2/kg after cut in allocation

Cost Recovery

1 min  |

April 18, 2025

Financial Express Lucknow

Brokerages downgrade Wipro

BROKERAGES HAVE DOWNGRADED their ratings on Wipro and lowered their price targets after the IT services provider reported weaker-than-expected revenue for the March quarter and issued a muted revenue outlook for the first quarter of FY26, citing macroeconomic uncertainties and client caution.

1 min  |

April 18, 2025

Financial Express Lucknow

LG India to file updated DRHP early May

LG ELECTRONICS INDIA, the Indian arm of the South Korean major, is likely to file the updated draft red herring prospectus (UDRHP) for its ₹15,000-crore IPO with the markets regulator Sebi early next month, according to sources.

1 min  |

April 18, 2025

Financial Express Lucknow

Trying to resolve issues in NSE IPO: Sebi chief

THE SECURITIES AND Exchange Board of India (Sebi) is trying to resolve issues that are delaying the initial public offering of the National Stock Exchange (NSE), chairman Tuhin Kanta Pandey said on Thursday.

1 min  |

April 18, 2025

Financial Express Lucknow

Govt sets ₹3L-cr defence production target by 2029

THE VALUE OF India's defence production this year is expected to cross ₹1.60 lakh crore and the target is to manufacture military hardware worth ₹3 lakh crore by 2029, defence minister Rajnath Singh said on Thursday.

1 min  |

April 18, 2025

Financial Express Lucknow

Dream11 Parent Set to Invest $50 Mn in Cricbuzz

MUMBAI-BASED DREAM Sports, the parent firm of fantasy gaming giant Dream11, is reportedly in final stages of acquiring a 15% stake in cricket media platform Cricbuzz for $50 million, according to a report by Entrackr.

1 min  |

April 18, 2025

Financial Express Lucknow

Judiciary can't direct President: Dhankhar

IN A SHARP criticism of the judiciary, Vice President Jagdeep Dhankhar on Thursday questioned the Supreme Court's recent decision to set a timeline for the President to take decisions on Bills.

1 min  |

April 18, 2025

Financial Express Lucknow

Govt puts two key aspects of Waqf law on hold for a week

A DAY AFTER the Supreme Court red-flagged three key aspects of the Waqf Act and suggested it could stay their operation, the Centre on Thursday told the court that it would put at least one of these contentious provisions on hold:

1 min  |

April 18, 2025

Financial Express Lucknow

ECB Cuts Interest Rates Again Amid Trump Tariff Woes

Deposit rate cut to 2.25% from 2.50%

1 min  |

April 18, 2025

Financial Express Lucknow

Indian Oil-GPS JV to set up 10 biogas plants at ₹1,200 crore

IOC GPS RENEWABLES — a joint venture between Indian Oil Corporation (IOC) and GPS Renewables — is looking to set up 10 compressed biogas (CBG) plants this financial year at a cost of ₹1,200 crore.

1 min  |

April 18, 2025

Financial Express Lucknow

Paytm CEO surrenders ESOPs worth ₹1,800 cr

FINTECH FIRM ONE97 COMMUNICATIONS' managing director and chief executive officer Vijay Shekhar Sharma has voluntarily surrendered 21 million shares worth about ₹1,800 crore, according to a regulatory filing and share closing price of the company.

1 min  |

April 17, 2025

Financial Express Lucknow

Global goods trade to contract 0.2% in 2025 on tariff war: WTO

THE GLOBAL MERCHANDISE trade volume is expected to contract by 0.2% on year in 2025 as against the earlier projection of 2.7% expansion, due to the global tariff war triggered by the US, according to the World Trade Organization (WTO).

2 min  |

April 17, 2025

Financial Express Lucknow

Google Blocks 5.1 Billion 'Bad' Ads in 2024

Tech giant Google on Wednesday said it had blocked more than 5.1 billion \"bad\" (policy-violating) ads in 2024, using advanced AI capabilities, including large language models such as Gemini.

1 min  |

April 17, 2025

Financial Express Lucknow

US growth likely slowing in Q1: Powell

US ECONOMIC GROWTH appears to be slowing, with consumer spending growing modestly, a rush of imports to avoid tariffs likely to weigh on estimates of gross domestic product, and sentiment souring, US Federal Reserve Chair Jerome Powell said on Wednesday.

1 min  |

April 17, 2025