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Financial Express Lucknow

Xi pushes for enhanced economic ties with Russia

CHINA'S PRESIDENT XI Jin-ping on Tuesday sought to expand mutual investment with Russia and affirmed Beijing’s commitment to advance ties despite“turbulent” external conditions, Chinese state media reported.

1 min  |

November 05, 2025

Financial Express Lucknow

Lenskart issue gets 28x subscription

THE INITIAL PUBLIC offering of Lenskart Solutions, India’s largest prescription eyewear retailer, received 28.26 times subscription on the final day of the share sale on Tuesday.

1 min  |

November 05, 2025

Financial Express Lucknow

BP profit beats expectations in Q3

OIL MAJOR BP reported a smaller than expected fall in third-quarter underlying profit on Tuesday as a strong performance at all divisions led by refining helped to offset the impact of lower crude prices.

1 min  |

November 05, 2025

Financial Express Lucknow

Finmin welcomes World Bank report on India’s financial sector

THE FINANCE MINISTRY has welcomed the World Bank’s Financial Sector Assessment (FSA) report, an exercise mandatory every five years for systemically important jurisdictions like India.

1 min  |

November 05, 2025

Financial Express Lucknow

Nafed to launch e-auction portal

AGRI-COOPERATIVE MAJOR NATIONAL Agricultural Cooperative Marketing Federation (Nafed), the government's biggest procurement agency for oilseeds and pulses, will soon launch its e-auction portal for selling agricultural commodities in the market.

1 min  |

November 05, 2025

Financial Express Lucknow

Groww IPO booked 57% on first day

THE INITIAL PUBLIC offering of Billionbrains Garage Ventures, the parent company of stock broking firm Groww, garnered 57% subscription on the first day of the share sale on Tuesday.

1 min  |

November 05, 2025

Financial Express Lucknow

Gopichand Hinduja, architect of a global empire, passes away

HINDUJA GROUP CHAIRMAN Gopichand P Hinduja, the second of the four Hinduja brothers who built one of India’s largest business empires, passed away at the age of 85 at a London hospital on Tuesday.

2 min  |

November 05, 2025

Financial Express Lucknow

‘Discretionary spending has revived with GST rate cuts’

After nearly five quarters of a decline in same-store sales growth, Tata Starbucks, a joint venture between Starbucks and Tata Consumer Products, posted a low single-digit SSG in the July-September period. This was driven by improved sentiment and out-of-home spending by consumers following the GST and income tax cuts, Sunil D’Souza, MD & CEO, Tata Consumer, told Viveat Susan Pinto in an interview. He also highlighted demand trends in FMCG and the company’s outlook for the second half of FY26. Excerpts:

2 min  |

November 05, 2025

Financial Express Lucknow

M&M profit beats Street, rises 18% to ₹4,521 crore

STRONG TRACTOR AND LIGHT TRUCK VOLUMES DRIVE GROWTH

2 min  |

November 05, 2025

Financial Express Lucknow

Dick Cheney, former US vice president, dies

DICK CHENEY, A driving force behind the US invasion of Iraq in 2003 who was considered by presidential historians as one of the most powerful vice presidents in US history, has died at age 84, his family said in a statement on Tuesday.

1 min  |

November 05, 2025

Financial Express Lucknow

‘Next decade returns will lag the past decade’

Returns in the next decade across asset classes and regions will lag the returns we've experienced in the past decade, believes Morningstar Global CEO Kunal Kapoor. He tells Ananya Grover that investors should stick to simple, long-term, and diversified portfolios.

3 min  |

November 05, 2025

Financial Express Lucknow

Key elections across US pose early test for Trump 2.0

VOTERS IN NEW Jersey and Virginia will choose their next governors on Tuesday in a pair of races that will serve as an early gauge of the American electorate’s response to President Donald Trump’s norm-shattering nine months in office.

2 min  |

November 05, 2025

Financial Express Lucknow

Israel calls for long-term strategic ties with India

VISITING FOREIGN MINISTER SAYS WON’T COMPROMISE ON HAMAS

3 min  |

November 05, 2025

Financial Express Lucknow

NFRA rolls out audit toolkit to aid small, medium practitioners

THE NATIONAL FINANCIAL Reporting Authority (NFRA) on Monday rolled out audit practice toolkits to support small and medium practitioners and strengthen audit quality across the country.

1 min  |

November 04, 2025

Financial Express Lucknow

The Rohtak chhori who dared to dream big and make a comeback

“CHHORI NE DIKHA diya ki Shafali comeback karna jaanti hai!” The father of Shafali Verma, the player of the Women's World Cup final, sums up her unforgettable night in an earthytone.

2 min  |

November 04, 2025

Financial Express Lucknow

CASA ratio up a tad as banks aim to protect NIMs

BANKS ARE STEPPING up efforts to grow current account and savings account (CASA) deposits, in a bid to protect margins amid a competitive deposit environment.

1 min  |

November 04, 2025

Financial Express Lucknow

MUFG in talks to acquire 20% in Shriram Finance

JAPANESE BANKING GIANT Mitsubishi UFJ Financial Group (MUFG) is in advanced negotiations to acquire a 20% stake in Shriram Finance, according to a report by Moneycontrol. This could be one of the biggest deals in the non-banking financial companies (NBFC) space this year.

1 min  |

November 04, 2025

Financial Express Lucknow

Godrej Consumer may see margin recovery

DRIVEN BY TRADE NORMALISATION AND FESTIVE-SEASON TAILWINDS

1 min  |

November 04, 2025

Financial Express Lucknow

LPG sops to drive OMCs profit in H2

STATE-OWNED OlL marketing companies (OMCs) are likely to sustain their profitability momentum in the remaining quarters of the fiscal 2025-26 on the back of robust refining and firm marketing margins,as per analysts.

1 min  |

November 04, 2025

Financial Express Lucknow

Resumption of EU FTA talks to bridge gaps

INDIA AND THE European Union (EU) on Monday resumed negotiations on their Free Trade Agreement (FTA) with a team from Brussels arriving here.

1 min  |

November 04, 2025

Financial Express Lucknow

White-collar hiring dips 9% in October

THE WHITE-COLLAR HIRING activity in October declined 9% year-on-year as the Diwali-Dussehra festive holidays temporarily impacted recruitment momentum, a report said on Monday.

1 min  |

November 04, 2025

Financial Express Lucknow

Shriram Finance shares jump 6% post earnings

SHARES OF SHRIRAM Finance on Monday closed up 6.18% at %795.15 on the National Stock Exchange as the NBFC major reported a consolidated net profit of $2,315 crore for the quarter ended September, up 11.6% year-on-year.

1 min  |

November 04, 2025

Financial Express Lucknow

Microsoft signs $9.7-bn AI cloud deal with IREN

MICROSOFT HAS SIGNED an approximately $9.7 billion deal to purchase AI cloud capacity from IREN, becoming the Australian company’s largest customer.

1 min  |

November 04, 2025

Financial Express Lucknow

India needs large, resilient banks to compete globally’

Bank of Baroda has set an ambitious target to grow its fee-based income from 7-8% to 11-12% of total income.In an interview with Mahesh Nayak, Debadatta Chand, MD & CEO, speaks about the bank’s strategy to scale up its corporate loan book, deepen retail, agri, MSME penetration, and outlines plans to list key subsidiaries. Excerpts:

3 min  |

November 04, 2025

Financial Express Lucknow

Rabi sowing begins on a brisk note

ROBUST CULTIVATION

1 min  |

November 04, 2025

Financial Express Lucknow

China, others can’t have Nvidia’s AI chips: Trump

ARTIFICIAL INTELLIGENCE GIANT Nvidia’s most advanced chips will be reserved for US companies and kept out of China and other countries, US President Donald Trump said.

2 min  |

November 04, 2025

Financial Express Lucknow

Oct two-wheeler sales up 2%

THE TWO-WHEELER industry saw a modest uptick in October, with total domestic wholesales touching 2.11 million units,a 2% rise from 2.06 millionin the same month last year. The improvement marked the second consecutive month of growth following the GST rate cut.

1 min  |

November 04, 2025

Financial Express Lucknow

Mistry gears up for legal battle, calls for 'a fair hearing'

INDUSTRIALIST MEHLI MISTRY has filed a caveat petition before the Maharashtra Charity Commissioner, requesting that he be given “a fair hearing” before any formal move ismade to remove him as a trustee of Tata Trusts.

2 min  |

November 04, 2025

Financial Express Lucknow

Ambuja Cements profit up fourfold

ADANI GROUP FIRM Ambuja Cements on Monday reported an over fourfold increase in profit after tax at ¥2,302 crore in the second quarter of FY26.

1 min  |

November 04, 2025

Financial Express Lucknow

BoB eyes faster credit growth

CORPORATE LENDING TO ACCELERATE TO 9-10% Y-O-Y FROM 3% IN Q2

1 min  |

November 04, 2025