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Financial Express Kochi

Forex reserves drop $9.32 bn to $688.87 bn

INDIA'S FOREX RESERVES dropped by $9.322 billion to $688.871 billion for the week ended August 1 in one of the highest declines in the recent past, the RBI data showed on Friday.

1 min  |

August 09, 2025

Financial Express Kochi

Tesla to streamline its AI chip design

TESLA WILL STREAMLINE its AI chip research to focus on its development of inference chips used to run AI models and make real-time decisions, CEO Elon Musk said, after a media report he had ordered the closure of the in-house Dojo supercomputer team.

1 min  |

August 09, 2025

Financial Express Kochi

The Hidden Costs of EV Ownership

Why Insurance Premiums of EVs Are Different

1 min  |

August 09, 2025

Financial Express Kochi

CCI Clears Bharat Forge's ₹746-crore AAM India Deal Using Rare Provision

THE COMPETITION COMMISSION of India (CCI) has invoked a rarely used provision of the Competition Act to clear Bharat Forge's ₹746.46-crore acquisition of AAM India Manufacturing Corporation (AAMCPL).

1 min  |

August 09, 2025

Financial Express Kochi

India must protect farmers' interest: SBI

INDIA MUST CONTINUE to protect the interest of its farmers from predatory practices of global conglomerates while negotiating a trade deal with the US, according to a research report by SBI.

1 min  |

August 09, 2025

Financial Express Kochi

DGCA nod by August end for Navi Mumbai airport

Green Signal

2 min  |

August 09, 2025

Financial Express Kochi

OMCs to get ₹30K-cr to cover losses

₹300 Ujjwala subsidy extended to FY26, to cost ₹12,000 crore

2 min  |

August 09, 2025

Financial Express Kochi

GeM Gets Ready for Global Tenders

At a Glance ■ Global tender feature to be added by year-end ■ India recently opened its govt procurement to the UK under an agreement ■ Pact also offers similar access to the Indian companies ■ GeM facilitated transactions worth ₹1.41 lakh crore

1 min  |

August 09, 2025

Financial Express Kochi

Another 1991 moment, seize it: Panagariya

'Put EU FTA, land & labour reforms on fast track'

2 min  |

August 09, 2025

Financial Express Kochi

Pension funds seize on new rule to grow equity exposure

BEEFING UP HOLDINGS Pension funds step up equity buying, scale down debt purchases

2 min  |

August 09, 2025

Financial Express Kochi

Gold Hits All-Time High of ₹1.03 Lakh

GOLD PRICES CLIMBED by ₹800 to hit a fresh all-time high of ₹1,03,420 per 10 gram on Friday due to persistent buying by stockists.

1 min  |

August 09, 2025

Financial Express Kochi

JSW Cement IPO booked 56% on Day 2

THE INITIAL PUBLIC offering (IPO) of JSW Cement got subscribed 56% on the second day of bidding on Friday.

1 min  |

August 09, 2025

Financial Express Kochi

A Swiss Watchmaker's Race to Beat US Tariffs

As a US tariff deadline neared this week, Swiss watch manufacturer DuBois et fils rushed to ship five high-end watches worth thousands of dollars each to the US.

2 min  |

August 09, 2025

Financial Express Kochi

Vance Kicks Off UK Visit Amid High Tensions

US Vice President JD Vance kicks off a trip in the UK with a meeting with British Foreign Secretary David Lammy on Friday that will bring renewed scrutiny of Vance's sharp criticism of Britain and its governing Labour Party.

1 min  |

August 09, 2025

Financial Express Kochi

Israel to seize Gaza, stopping short of complete takeover

ISRAEL SAID IT will take control of Gaza City — a move that could displace 1 million Palestinians living there — defying domestic concerns over the fate of the remaining hostages and an international outcry over the humanitarian situation in the enclave.

1 min  |

August 09, 2025

Financial Express Kochi

A Long Rough Patch

Macro headwinds may make it tougher for India Inc to do better than the subdued Q1 earnings season

2 min  |

August 09, 2025

Financial Express Kochi

India Among APAC's Top 3 Ransomware Targets

India ranked among the top three targets for ransomware attacks in Asia-Pacific in the first half of 2025, logging 271 incidents, trailing only Taiwan and Singapore, according to Cyble’s recent report.

1 min  |

August 09, 2025

Financial Express Kochi

Promoter entity sells Airtel shares worth ₹11,227 crore

INDIAN CONTINENT INVESTMENT, an entity promoted by billionaire Sunil Bharti Mittal & Family, on Friday divested nearly 1% stake in telecom carrier Bharti Airtel for ₹11,227 crore through open market transactions.

1 min  |

August 09, 2025

Financial Express Kochi

Govt Withdraws I-T Bill in Lok Sabha

Referring to over 330 changes to the original Bill recommended by the panel, select committee chair Baijayant Panda had told FE that a few hundred more words could bring total clarity, further simplify tax compliance and help expand India's taxpayer base.

1 min  |

August 09, 2025

Financial Express Kochi

I am not a big fan of co-lending'

AU Small Finance Bank on Thursday received an in-principle approval from the Reserve Bank of India to transition into a universal bank.

2 min  |

August 09, 2025

Financial Express Kochi

Scissor doors, instant torque

WE TESTED ITS DROPTOP DRAMA ON A FORMULA 1 RACE TRACK

2 min  |

August 09, 2025

Financial Express Kochi

HDFC Bank Sets Up Oversight Dept for Board-Level Updates

HDFC BANK HAS formed a dedicated group oversight department to update the board on critical matters, chairman Atanu Chakraborty said at the annual general meeting on Friday.

1 min  |

August 09, 2025

Financial Express Kochi

Japan: Trump Should Fix the Tariff Blunder

The Trump administration has agreed to correct an \"extremely regrettable\" blunder in the execution of its trade agreement with Japan, the country's top trade negotiator said in Washington on Thursday.

1 min  |

August 09, 2025

Financial Express Kochi

'Donald Trump' applies for Bihar residency, FIR filed

IN BIHAR'S SAMASTIPUR district, an application was submitted through the government's RTPS (Right to Public Services) portal seeking a residential certificate in the name of \"Donald John Trump.\"

2 min  |

August 08, 2025

Financial Express Kochi

Tariffs Go Into Effect Amid Economic Pain

President Donald Trump began imposing higher import taxes on dozens of countries Thursday just as the economic fallout of his monthslong tariff threats has begun to cause visible damage to the U.S. economy.

3 min  |

August 08, 2025

Financial Express Kochi

One person has never been able to do more in history, says Altman

\"THIS ERA WHERE one person can do more than any person, or every person, in history is incredibly exciting,\" OpenAI CEO Sam Altman said Thursday, unveiling GPT5,

2 min  |

August 08, 2025

Financial Express Kochi

Trump-Putin meeting plan holds out hope

RUSSIAN PRESIDENT VLADIMIR Putin and US President Donald Trump will meet in the coming days, the Kremlin said on Thursday, as the US president seeks a breakthrough to end the Ukraine war after voicing mounting frustration with his Russian counterpart and threatening him with new sanctions.

1 min  |

August 08, 2025

Financial Express Kochi

Tariff spoils India's Russian oil math

A US DECISION to double tariffs on Indian goods as punishment for ongoing purchases of Russian crude leaves the world's third-largest oil consumer in a tight spot and its refiners in disarray, but the move is unlikely to prompt a radical rethink in New Delhi.

1 min  |

August 08, 2025

Financial Express Kochi

Weak demand drags auto sales

DOMESTIC AUTOMOBILE RETAIL sales fell 4% year-on-year (y-o-y) in July, dragged down by weaker demand for passenger vehicles and two-wheelers, according to data released by the Federation of Automobile Dealers Associations (FADA) on Thursday.

1 min  |

August 08, 2025

Financial Express Kochi

Innovation focus area for Reliance Retail, Jio

THE COMPETITIVE DOMESTIC telecom market is prompting leader Reliance Jio to innovate at an unprecedented scale.

2 min  |

August 08, 2025