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Financial Express Kochi

Assume control' if rates not cut: Trump urges Fed board

President Donald Trump called on the Federal Reserve board to \"assume control\" if Chair Jerome Powell does not lower interest rates, escalating his ongoing feud with the central bank's head.

1 min  |

August 02, 2025

Financial Express Kochi

Going strong: Apple clocks record India revenue in June quarter

Flags $1.1-billion impact from tariff in Sept quarter

2 min  |

August 02, 2025

Financial Express Kochi

A Welcome Recall

SC should penalise those who tried to game the system in the BPSL case, but liquidation is certainly not an option

2 min  |

August 02, 2025

Financial Express Kochi

French wine exporters see €1-billion loss

FRANCE’S WINE AND spirits industry expects to lose €1 billion ($1.1 billion) should the US go ahead with imposing a 15% import tariff on their products next week, as the European Union (EU) makes a last-ditch effort to obtain an exemption.

1 min  |

August 02, 2025

Financial Express Kochi

Goldman Poised to Buy Ice Cream Maker Froneri

GOLDMAN SACHS IS poised to buy into ice cream maker Froneri at a 15-billion-euro ($17.13 billion) valuation including debt, the Financial Times reported on Friday.

1 min  |

August 02, 2025

Financial Express Kochi

Poll predicts 'pause'

Speaking at the 'FE Modern BFSI Summit' recently, RBI governor Sanjay Malhotra said that the bar for further easing is now higher, though a neutral monetary policy stance provides the flexibility of moving up or down, or pause.

1 min  |

August 02, 2025

Financial Express Kochi

Godrej Properties Profit Rises 15%

GODREJ PROPERTIES reported a 15% increase in its consolidated net profit to ₹598.40 crore for the first quarter of this fiscal, while sales booking fell 18% to ₹7,082 crore during April-June on a high base effect.

1 min  |

August 02, 2025

Financial Express Kochi

Amazon Falls as Profit Outlook, Cloud Growth Spook Investors

Rivals Racing Ahead

1 min  |

August 02, 2025

Financial Express Kochi

Poll panel publishes draft electoral rolls in Bihar

THE DRAFT ELECTORAL rolls of Bihar, compiled as part of the Special Intensive Revision (SIR) exercise, were published on Friday, the Election Commission announced.

1 min  |

August 02, 2025

Financial Express Kochi

Tax on rental income to be paid by both owners as per share

I have let out two properties which are owned in joint name with my wife. Should we divide the tax to be paid on the rental income?

1 min  |

August 02, 2025

Financial Express Kochi

Renault Takes Full Control of Chennai Plant

Renault on Friday announced that it has formally taken over Nissan's 51% stake in their joint venture, Renault Nissan Automotive India Private Ltd (RNAIPL), becoming the sole owner of the Chennai manufacturing facility.

1 min  |

August 02, 2025

Financial Express Kochi

Bids for IDBI stake by Q3...

According to the Banking Regulation Act, 1949, the voting rights of a shareholder or shareholders acting in concert in a bank can't exceed 26%, even if they own more than 26%.

1 min  |

August 02, 2025

Financial Express Kochi

REITs, InvITs: Sebi seeks to widen investor base

PROPOSED CHANGES

1 min  |

August 02, 2025

Financial Express Kochi

ITC profit up 3% to ₹5,244 cr

CIGARETTE-TO-FMCG major ITC reported a 3% year-on-year (y-o-y) increase in consolidated net profit (attributable to owners of the company) to ₹5,244 crore in the June quarter (Q1FY26), led mainly by its cigarettes and agri businesses.

2 min  |

August 02, 2025

Financial Express Kochi

Mobikwik Loss Widens to ₹42 Crore

FINTECH FIRM ONE MobiKwik Systems has reported a widening of consolidated losses to ₹41.9 crore for the June quarter, due to pressures in its high-margin financial services business and strategic overhaul efforts.

1 min  |

August 02, 2025

Financial Express Kochi

July auto sales remain flat on tepid demand

Festive Hope

2 min  |

August 02, 2025

Financial Express Kochi

Real estate, infra short of 2 million skilled workers, says Hiranandani

The real estate and infrastructure sectors are currently short of 2 million skilled workers—a gap that could widen to 5 million over the next five years, according to Niranjan Hiranandani, chairman of the Hiranandani Group.

2 min  |

August 02, 2025

Financial Express Kochi

Swiggy's Rapido exit a 'right move'

SWIGGY'S DECISION TO re-evaluate its 12% stake in Rapido, citing a potential conflict of interest in the future after the ride-hailing platform's move to foray into food delivery, has been widely welcomed by analysts as a prudent strategic reset.

1 min  |

August 02, 2025

Financial Express Kochi

Manufacturing growth in July hits 16-month high

Riding On Expansion In Output And Sales

1 min  |

August 02, 2025

Financial Express Kochi

IDFC First Bank raises ₹4,876 cr via Warburg arm

IDFC FIRST BANK on Friday said it has mobilised ₹4,876 crore by allotting convertible cumulative preference shares (CCPS) to Currant Sea Investments BV, an affiliate company of global growth investor Warburg Pincus.

1 min  |

August 02, 2025

Financial Express Kochi

Benchmarks end in the red for 5 straight weeks

BENCHMARK EQUITY INDICES extended losses for the second straight session on Friday, falling up to 0.82% amid weak corporate earnings and concerns over US trade tariffs.

1 min  |

August 02, 2025

Financial Express Kochi

Brokers' body calls for deeper cash markets

National Exchanges Members of India (ANMI) has called for expanding access of retail participants and deepening the cash market through expanded single stock derivatives in a five-point manifesto on Friday.

1 min  |

August 02, 2025

Financial Express Kochi

HC bars TN govt from naming schemes after living persons, using party symbols

The Madras HC Friday restrained the Tamil Nadu government from naming any new or rebranded schemes after living persons.

1 min  |

August 02, 2025

Financial Express Kochi

FX Reserves Up $2.7 Billion to $698.1 Billion

INDIA'S FOREX RESERVES rose by $2.703 billion to $698.192 billion during the week ended July 25, the RBI said on Friday.

1 min  |

August 02, 2025

Financial Express Kochi

Adani Power net falls 13.5%

ADANI POWER (APL) on Friday posted a 13.5% fall in its net profit in Q1FY26 at ₹3385 crore as compared to ₹3913 crore in Q1FY25.

1 min  |

August 02, 2025

Financial Express Kochi

TCS assures govt: All job offers intact, just delayed

Labour ministry sought clarity after union complaint

1 min  |

August 02, 2025

Financial Express Kochi

Actively pursuing passive funds, says Groww MF CEO

GROWW MUTUAL FUND is actively pursuing passive funds, chief executive officer Varun Gupta told FE.

1 min  |

August 02, 2025

Financial Express Kochi

UPI Transactions at Record High; Value Hits ₹25 Lakh Cr

FAST GROWTH

1 min  |

August 02, 2025

Financial Express Kochi

Dow Down 1.3% in Wall Street Sell-Off

The new US tariffs on dozens of trading partners, including India, Canada and others, weighed on sentiment

1 min  |

August 02, 2025

Financial Express Kochi

Gurgaon ripples in Assam village as young men return home in droves

\"IF I DON'T work, my family won't be able to eat. But the mahaul (atmosphere) there is scary. I will wait here for a couple of weeks, and if things improve, I will go back,\" said Mohammad Anwar Hussain, from his home in Assam's Kokrajhar.

3 min  |

August 02, 2025