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Financial Express Kochi

IDBI disinvestment to be completed by year-end

THE IDBI BANK divestment process is expected to be completed by the end of the current fiscal as qualified interested bidders have almost completed their due diligence, Department of Investment and Public Asset Management (DIPAM) secretary Arunish Chawla said on Thursday.

1 min  |

August 22, 2025

Financial Express Kochi

OpenAI's stress test

When OpenAI announced on Tuesday that ChatGPT would be formally available in India at ₹399 a month, the number felt both modest and momentous.

4 min  |

August 22, 2025

Financial Express Kochi

OMCs likely to remain profitable through FY26

Oil Turmoil

1 min  |

August 22, 2025

Financial Express Kochi

MEA denies reports of USAID funding Indian voter turnout

Contrary to the claim made by the US Department of Government Efficiency (DOGE) and President Donald Trump, the United States Agency for International Development (USAID) did not provide funding of $21 million for \"voter turnout\" in India, the Ministry of External Affairs told Rajya Sabha Thursday, citing communications with the US embassy.

2 min  |

August 22, 2025

Financial Express Kochi

Bond market signals no further rate cuts likely

Spread between 10-year, 30-year GSec at 4-year high

1 min  |

August 22, 2025

Financial Express Kochi

Govt Clears Bill to Ban Online Money Games

PARLIAMENT ON THURSDAY passed a Bill to ban all forms of online money games and promote eSports and online social gaming, with the Rajya Sabha approving it without debate amid din.

1 min  |

August 22, 2025

Financial Express Kochi

Ambani Caught in the Crossfire as Trump Trains Tariff Guns on India

In January, India's richest man, Mukesh Ambani, and his wife were in Washington, attending a pre-inauguration dinner thrown for Donald Trump.

5 min  |

August 22, 2025

Financial Express Kochi

Hindalco to Invest $10 Billion Globally by FY30

HINDALCO INDUSTRIES, which houses Aditya Birla Group's aluminum and copper operations, will invest $10 billion across its global operations between FY25 and FY30, chairman Kumar Mangalam Birla told shareholders at the company's 66th annual general meeting on Thursday.

1 min  |

August 22, 2025

Financial Express Kochi

US told us to stabilise mkt, buy Russian oil: Jaishankar

Perplexed at logic of (US) argument: EAM in Moscow

2 min  |

August 22, 2025

Financial Express Kochi

Ahead of Powell speech, data suggest cracks in US economy

SOME OF THE biggest names in the world of finance and economics gathered in Wyoming, the US, on August 21 for the most hotly-watched central banking conference.

2 min  |

August 22, 2025

Financial Express Kochi

India and Russia target $100-bn trade by 2030

Economic Exchange

1 min  |

August 22, 2025

Financial Express Kochi

Future policy action to hinge on growth-inflation dynamics

In a time when US tariff uncertainty looms, RBI MPC member Nagesh Kumar calls for sharper export strategies, newer free trade pacts, and stronger domestic production to mitigate global trade disruptions and support growth in an email interview with Kshipra Petkar. Excerpts:

3 min  |

August 22, 2025

Financial Express Kochi

Niranjan Gupta named HUL CFO, succeeds Ritesh Tiwari

Hindustan Unilever (HUL) on Thursday named Niranjan Gupta as its new chief financial officer (CFO), succeeding Ritesh Tiwari, who will move to London as the global head of M&A and treasury at Unilever.

1 min  |

August 22, 2025

Financial Express Kochi

Hiring to rise in July-Dec, more job creation likely

Beyond tech, business development is emerging as another strong growth driver, with 20% of employers planning to hire

1 min  |

August 22, 2025

Financial Express Kochi

India's airline industry to see 11-14% operating profit this fiscal: Crisil report

India's top three airlines, who control more than 90% of the domestic traffic, is expected to moderate in FY26 compared to the previous year due to softer demand and unforeseen business disruptions.

1 min  |

August 22, 2025

Financial Express Kochi

Money gaming firms start winding down operations

A Losing Bet

2 min  |

August 22, 2025

Financial Express Kochi

US Should Treat India as 'Prized Free, Democratic' Partner: Nikki Haley

The US' priority should be to reverse the \"downward spiral\" in ties with India, Republican leader Nikki Haley has said, stressing that New Delhi must be treated as a \"prized free and democratic\" partner.

1 min  |

August 22, 2025

Financial Express Kochi

Majority of EM investors underweight on India

Indian stocks are emerging market investors' biggest underweight market after they accelerated rotation to Asian peers last month, according to Nomura Holdings.

1 min  |

August 22, 2025

Financial Express Kochi

Avendus Faces the Heat After Botching Share Sale

Move may be one of the biggest fat-finger mistakes

1 min  |

August 22, 2025

Financial Express Kochi

Cotton duty cuts a boon for industry

The Government had on Monday agreed to a long-standing demand of the textile industry to eliminate the 11% duty on cotton imports, in a bid to soften the impact of high US tariffs on the labour-intensive sector, which is expected to take the hardest hit from the 50 per cent US levy.

1 min  |

August 22, 2025

Financial Express Kochi

In Tibet visit, Xi calls for unity

SIGNAL PUSH FOR GREATER ETHNIC UNITY UNDER PARTY CONTROL

1 min  |

August 22, 2025

Financial Express Kochi

EU pushes to secure lower US car tariff from Aug 1

THE EUROPEAN UNION will strive to ensure lower US tariffs apply to its car exports retroactively, EU trade chief Maros Sefcovic said on Thursday, as the transatlantic partners set out details of their framework trade deal struck in July.

1 min  |

August 22, 2025

Financial Express Kochi

PSBs Tighten Home Loan Pricing to Protect NIMs

Top public sector banks are increasing interest rates for new home loans, a move likely aimed at protecting their net interest margins (NIMs) at a time when deposit mobilisation has been difficult.

2 min  |

August 21, 2025

Financial Express Kochi

No GST on health, life cover

ALL GOM MEMBERS agreed with the proposal, a source said, adding that few have given suggestions for improvement. \"We want GST on insurance to be zero,\" Bihar deputy chief minister and GoM convenor Samrat Choudhary said.

1 min  |

August 21, 2025

Financial Express Kochi

Retail sector projected to nearly double and nudge $2 trillion by 2030

INDIA'S RETAIL SECTOR, currently valued at $1.06 trillion, is projected to nearly double to $1.93 trillion by 2030, according to a Deloitte-Ficci report.

2 min  |

August 21, 2025

Financial Express Kochi

After weak Q1, QSR firms pin hopes on second half

• Fast food chains remain bullish on store additions

2 min  |

August 21, 2025

Financial Express Kochi

Indian Envoy Holds Trade Talks With US

INDIA'S AMBASSADOR TO the US, Vinay Mohan Kwatra, on Wednesday held a meeting with US Congressman Warren Davidson to discuss the bilateral relationship between Washington and New Delhi and briefed him on recent developments on trade and energy.

1 min  |

August 21, 2025

Financial Express Kochi

These smart glasses use smart tech to 'see for you'

ACT AS EYES FOR LOW-VISION & BLIND USERS

2 min  |

August 21, 2025

Financial Express Kochi

Quick commerce model is the growth driver

Quick commerce model is the growth driver

2 min  |

August 21, 2025

Financial Express Kochi

Banks Scale Up CSR Spends; HDFC Tops List

While HDFC Bank deployed a record ₹1,068 crore in 2024-25, SBI spent ₹610 crore

1 min  |

August 21, 2025