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Financial Express Lucknow

Funding for M&A, easy mkt...

THE BANKING REGULATOR also plans to publish a discussion paper on granting licences to more urban cooperative banks —- something that was stopped two decades ago.

2 min  |

October 02, 2025

Financial Express Lucknow

$18 bn for NYC’s Hudson Tunnel put on hold

THE FEDERAL GOVERNMENT is withholding $18 billion for the Hudson Tunnel reconstruction project and Second Avenue Subway, two of New York City’s biggest construction projects, the White House budget chief said on Wednesday.

1 min  |

October 02, 2025

Financial Express Lucknow

No plan to levy charges on UPI transactions

RESERVE BANK OF India governor Sanjay Malhotra said there was no proposal to levy any charge on UPI transactions.

1 min  |

October 02, 2025

Financial Express Lucknow

LG India aims to raise up to ~11,605 cr from IPO

THE INDIAN UNIT of LG Electronics will raise up to ~11,605 crore in an offer for sale that will open on October 7, it said on Wednesday.

1 min  |

October 02, 2025

Financial Express Lucknow

Govt to outsource reviews to fast-track hydro plants

THE CENTRAL ELECTRICITY Authority (CEA) is moving to outsource geological assessments to speed up approvals for hydroelectricand pumped storage projects, as it seeks to meet clean energy targets ahead of schedule, according to an official notice.

1 min  |

October 02, 2025

Financial Express Lucknow

NTPC transfers two coal mines to subsidiary

POWER GIANT NTPC said it is transferring two coal mines to its wholly-owned subsidiary NTPC Mining.

1 min  |

October 02, 2025

Financial Express Lucknow

Runwal files draft papers for "2k-cr IPO

REAL ESTATE COMPANY Runwal Developers has submitted its draft papers with markets regulator Sebi for raising %2,000 crore through its initial public offering (IPO).

1 min  |

October 02, 2025

Financial Express Lucknow

IT employees union alleges terminations at TCS illegal

THE NASCENT INFORMATION Technology Employees Senate (NITES), an IT employees union, has written to Mahrashtra chief minister Devendra Fadnavis seeking urgent intervention in what it calls illegal mass layoffs at Tata Consultancy Services (TCS), particularly in Pune.

1 min  |

October 02, 2025

Financial Express Lucknow

Will address IBC-PMLA conflict soon: IBBI chief

Panda to head select panel reviewing Insolvency Bill

2 min  |

October 02, 2025

Financial Express Lucknow

GST mop-up rises 9.1% to ₹1.89 lakh crore in Sept

NET COLLECTIONS RISES JUST 5% AS REFUNDS JUMP

1 min  |

October 02, 2025

Financial Express Lucknow

Fashion brands lead D2C retail expansion in H1 2025

FASHION AND APPAREL brands dominated direct-to-consumer (D2C) retail leasing in the first half of 2025, accounting for nearly 60% of new leases, according to a CBRE South Asia report.

1 min  |

October 02, 2025

Financial Express Lucknow

Tesla sells 60 units in Sept, matches EV peers

TESLA'S LONG-AWAITED DEBUT in India has begun on a modest but steady note, with the company selling 60 units of its Model Y in September, the first full month of deliveries after opening bookings in July.

1 min  |

October 02, 2025

Financial Express Lucknow

Large exposure framework set to be withdrawn

AFTER NOTICING A decline in bank lending to corporates over the years, the Reserve Bank of India (RBI) has proposed to withdraw the framework which disincentivises lending by banks to specified borrowers having a credit limit of 10,000 crore and above.

1 min  |

October 02, 2025

Financial Express Lucknow

Project intent falls to five-qtr low in July-Sept

At ₹5.2L cr, new projects’ value in Q2 46% lower on year

1 min  |

October 02, 2025

Financial Express Lucknow

RBI keeps rate cut door open

FY26 inflation target pruned to 2.6%, growth estimate goes up to 6.8%

1 min  |

October 02, 2025

Financial Express Lucknow

US unlikely to change tariff stance based on SC ruling: USTR

A HOST OF tariffs under Section 232 tariffs on pharma, trucks and movies announced by the US in just the last fortnight could be in preparation for an adverse Supreme Court order, as US Trade Representative Jamieson Greer said that Washington will continue to impose tariffs on its trade partners even if the court rules against the administration.

1 min  |

October 02, 2025

Financial Express Lucknow

Measures are balanced, calibrated & thoughtfully considered: Guv

RESERVE BANK OF India governor Sanjay Malhotra spoke on a host of issues at the post-policy press conference on Wednesday. Excerpts:

2 min  |

October 02, 2025

Financial Express Lucknow

Poonawalla: RCB a great team at right valuation

ADAR POONAWALLA, CEO of vaccine major Serum Institute of India, has expressed interest in acquiring Indian Premier League (IPL) franchise Royal Challengers Bangalore (RCB).

1 min  |

October 02, 2025

Financial Express Lucknow

Indegene buys BioPharm in $106-mn deal

HEALTHCARE TECH FIRM Indegene has announced the acquisition of BioPharm, a Pennsylvania-based specialised marketing services agency and part of Omnicom Health Group, for $106 million. BioPharm delivers marketing and communications solutions to life sciences clients across North America.

1 min  |

October 02, 2025

Financial Express Lucknow

Sterlite Electric files for ".500-cr IPO

STERLITE ELECTRIC, EARLIER known as Sterlite Power Transmission, part of the Vedanta Group, has filed its draft red herring prospectus (DRHP) with the capital markets regulator Securities and Exchange Board of India (SEBI) for an initial public offering (IPO).

1 min  |

October 02, 2025

Financial Express Lucknow

Govt hikes DA by 3%

THE CABINET ON Wednesday approved the release of an additional 3% instalment of Dearness Allowance (DA) to central government employees and dearness relief (DR) to pensioners from July 1, to compensate against price rise.

1 min  |

October 02, 2025

Financial Express Lucknow

VDA service providers under financial intelligence unit's scanner

THE FINANCIAL INTELLIGENCE Unit — India (FIU IND) has issued notices for noncompliance to 25 offshore virtual digital asset service providers (VDA SPs) under the Prevention of Money Laundering Act (PML Act), 2002, thereby stepping up enforcement action against such entities.

1 min  |

October 02, 2025

Financial Express Lucknow

Europe needs tech-style finance for drone wars

FOR MANY YEARS, defence was seen as an unsavoury place for tech developers’ time and money. Alphabet’s Google explicitly banned its AI from being used to develop weapons and surveillance tools. Now the tide is turning thanks to the aggression of Vladimir Putin’s Russia.

2 min  |

October 02, 2025

Financial Express Lucknow

India’s great economic transformation

The transformation, initiated when PM Modi assumed leadership in 2014, is centred on a growth paradigm resting on foundational pillars and strategic frontiers

3 min  |

October 02, 2025

Financial Express Lucknow

PE-VC deals down 26% to $5.67 bn in July-September

PRIVATE EQUITY AND venture capital (PE-VC) firms invested over $5.67 billion in Indian companies between July and September (calendar year) marking a 26% decline from the $7.63 billion invested during the same period last year, according to data from Venture Intelligence.

1 min  |

October 02, 2025

Financial Express Lucknow

EU to slash steel import quotas, hike tariffs to 50%

NEW SAFEGUARD PLAN

1 min  |

October 02, 2025

Financial Express Lucknow

The status quo that isn't

THE RBI HAS USED DISCRETION BEYOND CHISELLING THE MONETARY POLICY ALONE

4 min  |

October 02, 2025

Financial Express Lucknow

Zoho launches sub-brand Vani

GLOBALTECHNOLOGY FIRM Zoho Corporation announced on Wednesday the launch of its sub-brand 'Vani'to offer intelligent and visual workplace collaboration capabilities.

1 min  |

October 02, 2025

Financial Express Lucknow

Factory growth slows, PMI at 4-month low in Sept

INDIA’S MANUFACTURING ACTIVITY softened in September, with the S&P Global Purchasing Managers’ Index (PMI) falling to 57.7 from 59.3 in August, signalling the slowest pace of expansion in four months.

2 min  |

October 02, 2025

Financial Express Lucknow

PM-Trump meet likely in Malaysia

MALAYSIA HAS INFORMED India that US President Donald Trump will visit Kuala Lumpur for the summits of Asean and East Asia leaders from October 26-28.

1 min  |

October 02, 2025