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Financial Express Lucknow

'Very bad to us': Trump rejects EU's nil-for-nil tariff proposal

US PRESIDENT DONALD TRUMP has rejected a European Union proposal to drop tariffs on all bilateral trade in industrial goods with the US, meaning that his 20% tariff on all EU imports is due to come into force on Wednesday.

1 min  |

April 09, 2025

Financial Express Lucknow

RBI's liquidity bazooka raises rate reduction expectations

RESERVE BANK OF India's (RBI) massive liquidity infusion has fuelled expectations of a repo rate cut on Wednesday.

2 min  |

April 09, 2025

Financial Express Lucknow

ITC to benefit as govt eases FDI norms for 'prohibited' sectors

THE GOVERNMENT HAS allowed domestic companies that are operating in areas where foreign direct investment (FDI) is prohibited to issue bonus shares to its existing foreign shareholders with the condition that it does lead to an increase in their stake in the company.

1 min  |

April 09, 2025

Financial Express Lucknow

NTPC Explores Building Small Nuclear Reactors

NTPC is exploring the possibility of building small modular reactors to replace its older thermal power plants, according to a tender document, the first such proposal since the country moved to open its much-guarded nuclear sector.

1 min  |

April 09, 2025

Financial Express Lucknow

BPCL-Sembcorp JV to boost green hydrogen projects

STATE-OWNED BHARAT Petroleum Corporation Limited (BPCL) and Sembcorp have entered into a joint venture agreement to explore renewable energy and green hydrogen projects across the country.

1 min  |

April 09, 2025

Financial Express Lucknow

Policy Challenge in Capital Markets

Modernising regulations, providing clarifications on circulars, and strengthening cybersecurity practices are essential to foster economic growth

3 min  |

April 09, 2025

Financial Express Lucknow

Mumbai pips Delhi as most forgetful city on Uber rides

MUMBAI HAS OVERTAKEN Delhi as the most forgetful city when it comes to leaving behind personal items in Uber cabs, a report released by the ride-hailing company showed.

1 min  |

April 09, 2025

Financial Express Lucknow

Delhi's peak electricity demand hits 5,029 MW

THE PEAK POWER demand in the national capital hit its highest for the summer season so far, touching 5,029 megawatt (5.03 gigawatt) on Tuesday, as per data from the State Load Dispatch Center.

1 min  |

April 09, 2025

Financial Express Lucknow

Air India to upgrade fleet to win back disgruntled flyers

AIR INDIA LONG languished under government ownership while cash-rich Middle Eastern rivals siphoned off travellers. Now, the airline is trying to even the score with cheaper fares, fresh cabins and lounges as well as shorter layover times.

2 min  |

April 08, 2025

Financial Express Lucknow

Indian exports likely to see 6.4% hit from Trump tariffs

Nearly $6 Billion Hit

1 min  |

April 08, 2025

Financial Express Lucknow

Trump Tariffs a Windfall for Dairy Firms, Says GCMMF's Jayen Mehta

The reciprocal tariffs imposed by the US on Indian dairy imports last week may boost market access for major dairy players in neighboring countries, Jayen Mehta, MD, Gujarat Co-operative Milk Marketing Federation (GCMMF), the maker of the Amul brand of products, said in a conversation with FE.

2 min  |

April 08, 2025

Financial Express Lucknow

Overhaul of pharma logistics value chain on the cards

EVEN AS THE pharmaceutical sector is still grappling with the uncertainty around the imposition of tariffs by the US, the department of pharmaceuticals (DoP) is planning to conduct a study to overhaul the logistics value chain of the pharma and medical devices sector.

1 min  |

April 08, 2025

Financial Express Lucknow

Niti: Urgent need to reimagine our R&D strategy

CHINA'S ANNUAL SPENDING on research and development (R&D), at roughly $496 billion, \"dwarfs\" India's sub-$100 billion spend in 2024, with India's approach remaining diffused and yielding fewer commercial outcomes, a new discussion paper by Niti Aayog said.

1 min  |

April 08, 2025

Financial Express Lucknow

Adani Power merges subsidiary with itself

ADANI POWER (APL) has merged its subsidiary Adani Power Jharkhand (APJL) with itself.

1 min  |

April 08, 2025

Financial Express Lucknow

Centre Likely to Set Mudra Loans Target for FY26 at ₹5-6L cr

THE CENTRE MAY set a target between ₹5-6 lakh crore in 2025-26 for loans under the Pradhan Mantri Mudra Yojana (PMMY) compared with ₹5 lakh crore in 2024-25.

1 min  |

April 08, 2025

Financial Express Lucknow

Brokerages advise caution

THE EQUITY INDICES on Monday succumbed to global fears of a trade slowdown following Trump's tariff announcement, with the benchmarks falling around 3% and the volatility index spiking the most since August 2015.

2 min  |

April 08, 2025

Financial Express Lucknow

Mudra Yojana: A pillar of empowerment

The Pradhan Mantri MUDRA Yojana (PMMY) is a game-changer for India's MSME sector, which is a vital engine of economic growth.

2 min  |

April 08, 2025

Financial Express Lucknow

Muted Growth for NBFCs Seen in Q4

NBFC-MFIs are set to witness a 15% y-o-y decline in AUM

2 min  |

April 08, 2025

Financial Express Lucknow

CNG drives past diesel in clean sweep

For the first time in FY25, CNG car sales surpass diesel

2 min  |

April 08, 2025

Financial Express Lucknow

Wall Street titans blast tariffs as markets crash

BILL ACKMAN SAID the US is \"heading for a self-induced, economic nuclear winter.\" Boaz Weinstein predicted the \"avalanche has really just started.\" And Jamie Dimon warned it \"may be disastrous in the long run.\"

1 min  |

April 08, 2025

Financial Express Lucknow

Car imports: EU seeks nil tariff

Domestic carmakers have argued sharp tariff cuts would wipe out investment in local manufacturing

1 min  |

April 08, 2025

Financial Express Lucknow

Smart meter biz to boost Adani Energy's Ebitda

SMART METERING BUSINESS will help Adani Energy Solutions (AESL) boost its earnings before interest, depreciation and amortisation (Ebitda) said rating agencies and analysts tracking the company.

1 min  |

April 08, 2025

Financial Express Lucknow

Tik Tok deal stalled by China's tariff objections

CHINA'S OBJECTIONS TO new US tariffs stalled a deal to sell off TikTok and keep it operating in the US, President Donald Trump said.

1 min  |

April 08, 2025

Financial Express Lucknow

SC Ruling Allows Mineral States to Seek ₹38K Cr From Coal Major

STATE-OWNED COAL INDIA will have to pay around ₹38,000 crore to mineral-rich states after the Supreme Court granted states the power to tax mineral rights and mineral-bearing lands retrospectively, official sources told FE.

1 min  |

April 08, 2025

Financial Express Lucknow

Be prepared for higher volatility & larger opportunities

Markets will stay volatile and investors should react in line with their desired asset allocations.

1 min  |

April 08, 2025

Financial Express Lucknow

With no El Nino conditions, normal rains likely this year

IMD forecast to be released soon

2 min  |

April 08, 2025

Financial Express Lucknow

HDFC Bank cuts MCLR by 10 bps

HDFC BANK HAS lowered its marginal cost of funds-based lending rate (MCLR) by 10 basis points (bps) across multiple tenures with effect from Monday, resulting in lower loan rates and equated monthly instalments (EMIs) for customers.

1 min  |

April 08, 2025

Financial Express Lucknow

Q4FY25: Oil & Gas Firms to See Softer Earnings

Improvement in gross refining margins expected

1 min  |

April 08, 2025

Financial Express Lucknow

TCS Numbers to Signal IT Sector Outlook

IT stocks have already taken a hit.

1 min  |

April 08, 2025

Financial Express Lucknow

Jay North, child star of 'Dennis the Menace', dies at 73

JAY NORTH, WHO starred as the towheaded mischief maker on TV's \"Dennis the Menace\" for four seasons starting in 1959, has died. He was 73. North died Sunday at his home in Lake Butler, Florida, after battling colon cancer, said Laurie Jacobson, a longtime friend, and Bonnie Vent, who was his booking agent.

1 min  |

April 08, 2025