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Financial Express Kochi

Trump says Harvard University's tax-exempt status will be revoked

President Donald Trump said Harvard University would lose its tax-exempt status, stepping up his attack on the Ivy League school with a threat that was decried as out of his jurisdiction.

1 min  |

May 03, 2025

Financial Express Kochi

Worst Outflows Since JPM Index Inclusion Hit Bonds

FOREIGN FUNDS CUT their holdings of India's index-eligible sovereign bonds by the most in a year, making it the biggest outflow after the nation's debt joined a JPMorgan Chase & Co gauge in June.

1 min  |

May 03, 2025

Financial Express Kochi

Adani Power eyes ₹13,000-cr capex in FY26

Ramping Up Capacity

2 min  |

May 03, 2025

Financial Express Kochi

NEET question papers in two trunks taken, digital copies made, says CBI

TWO TRUNKS CARRYING the original question papers of the National Eligibility cum Entrance Test (Undergraduate), or NEET-UG 2024 examination, were collected by one Ahsanul Haque from an SBI bank vault in Bihar's Hazaribagh at 7.40 am on May 5, 2024.

2 min  |

May 03, 2025

Financial Express Kochi

S&P Lowers India's GDP Growth Forecast for FY26 to 6.3%

S&P Global Ratings on Friday cut India's growth projections from 6.5% to 6.3% for 2025-26 citing uncertainty over the US tariff policy and downside risks from its spillover to the economy.

1 min  |

May 03, 2025

Financial Express Kochi

Bankers in a bind as SC junks JSW resolution for Bhushan

THE SUPREME COURT'S decision declaring JSW Steel's resolution plan for Bhushan Power and Steel illegal and ordering the company's liquidation has put bankers in a quandary.

1 min  |

May 03, 2025

Financial Express Kochi

Trump Calls for $163-bn Cut to Federal Budget

US PRESIDENT DONALD Trump's administration on Friday proposed a $163 billion cut to federal spending next year, which would eliminate more than a fifth of the non-military spending excluding mandatory benefit programmes.

1 min  |

May 03, 2025

Financial Express Kochi

StanChart cautious on tariff impact after strong first qtr

UNDER THE RADAR

2 min  |

May 03, 2025

Financial Express Kochi

TN to attract more of Apple's component manufacturers

TAMIL NADU, HOME to key Apple iPhone suppliers like Foxconn and Tata Electronics, is aiming to attract more of Apple's component manufacturers through its newly launched Electronics Components Manufacturing Scheme.

1 min  |

May 03, 2025

Financial Express Kochi

FCI to install CCTV for monitoring grain storage

For real-time monitoring and surveillance of grain storage, the Food Corporation of India (FCI) plans to install sensors for temperature, air quality and other parameters along with features like CCTV surveillance in its 50 godowns in the next four to five months, a food ministry official said.

1 min  |

May 03, 2025

Financial Express Kochi

Marico profit rises 8% in Q4

Uptick In Demand

1 min  |

May 03, 2025

Financial Express Kochi

Vance urges India, Pakistan to avoid 'broader conflict'

FOR THE SECOND day in succession, the US conveyed its understanding of India's response to the Pahalgam terror attack with Vice President J D Vance saying his country hopes it will not lead to a \"broader regional conflict\" and that the US expects Islamabad to \"cooperate\" with New Delhi to \"hunt down\" terrorists \"sometimes operating from their soil\".

2 min  |

May 03, 2025

Financial Express Kochi

Firm eyes gain from cheaper US supplies

FUEL RETAILER BHARAT

1 min  |

May 03, 2025

Financial Express Kochi

Was Sholay a missed opportunity?

ON DAY TWO of the Waves Summit 2025, Kiran Mazumdar-Shaw, founder of Biocon, left attendees with much food for thought, including the possibility of creating a trillion-dollar creative economy by 2047.

1 min  |

May 03, 2025

Financial Express Kochi

Asia's factories suffer major blow as tariffs dampen demand

MANUFACTURING ACTIVITY ACROSS most of Asia contracted in April, with companies struggling with weaker demand and pausing new orders in the face of US President Donald Trump's baseline 10% tariff.

1 min  |

May 03, 2025

Financial Express Kochi

Minister Patil's 'Conditional Resignation' as MLA Can't Be Accepted: Speaker

KARNATAKA LEGISLATIVE ASSEMBLY Speaker UT Khader on Friday said Minister Shivanand Patil's \"conditional resignation\" as MLA cannot be accepted as per rules.

1 min  |

May 03, 2025

Financial Express Kochi

A Repo Rate-Linked Loan Will Be Cheaper

I had taken a home loan 10 years ago on MCLR. Can I shift the loan to EBLR (repo rate), and will it be cheaper?

2 min  |

May 03, 2025

Financial Express Kochi

Oyo puts off third IPO attempt after SoftBank objection

OYO HOTELS is delaying its plans for an October IPO after opposition from SoftBank Group and a tumultuous turn in the stock market this year.

1 min  |

May 03, 2025

Financial Express Kochi

AI depends on human ideation for success: Nvidia's Kerris

IN HIS KEYNOTE address at the World Audio, Visual and Entertainment Summit (WAVES), Nvidia global vice-president Richard G Kerris showcased the transformative power of artificial intelligence (AI) in the media and entertainment industry.

2 min  |

May 03, 2025

Financial Express Kochi

Flood of liquidity

A pause on rates in June is quite possible as the RBI weighs the global situation

2 min  |

May 03, 2025

Financial Express Kochi

Rating of state bonds may be needed: Seth

RATING OF STATE development loans (SDLs) by credit rating agencies could be explored to introduce fiscal discipline among the state governments, finance secretary Ajay Seth said on Friday.

1 min  |

May 03, 2025

Financial Express Kochi

IOB profit climbs 30%

INDIAN OVERSEAS BANK (IOB) on Friday reported a 30% year-on-year rise in its net profit at ₹1,051 crore for the fourth quarter, driven by a growth in interest income and lower operating expenses.

1 min  |

May 03, 2025

Financial Express Kochi

Carlyle exits PNB Housing Fin, sells 10.4% for ₹2.7K cr

GLOBAL INVESTMENT FIRM Carlyle Group on Friday exited PNB Housing Finance by selling its entire 10.44% stake for ₹2,712 crore through open market transactions.

1 min  |

May 03, 2025

Financial Express Kochi

India exploring ways to boost fertiliser imports from US

TO ADDRESS THE persistent US complaint over its merchandise trade deficit with India, New Delhi is exploring the possibility of ramping up sourcing of fertilisers from the world's largest economy.

1 min  |

May 03, 2025

Financial Express Kochi

Slugfest in social commerce

Ad Spend Fragmentation Is Inevitable If Customer Interactions Shift to Chatbots

3 min  |

May 02, 2025

Financial Express Kochi

'Google, Microsoft collaborating with IICT'

SEVEN GLOBAL FIRMS, including Google and Microsoft, are collaborating with the Indian Institute of Creative Technology (IICT) to promote talent in the emerging creators’ economy in the country, Union minister Ashwini Vaishnaw said on Thursday.

1 min  |

May 02, 2025

Financial Express Kochi

Plans to hire 20,000 in 2025

US-BASED IT SERVICES firm Cognizant Technology Solutions has announced that it plans to hire 20,000 freshers in 2025.

1 min  |

May 02, 2025

Financial Express Kochi

Govt may move to include Pak back in FATF grey list

AS PART OF its escalatory matrix against Pakistan for the terror attack in Pahalgam, India is considering two specific moves aimed at curbing financial flows that aid the neighbour fund terror activities.

1 min  |

May 02, 2025

Financial Express Kochi

Telangana Needs ₹22,500 Cr Monthly: CM

TELANGANA CHIEF MINISTER A Revanth Reddy on Thursday said his government needs a monthly income of at least ₹22,500 crore to meet all primary needs, compared to the current ₹18,500 crore.

1 min  |

May 02, 2025

Financial Express Kochi

Zoho Shelves $700-Million Chip Plant Plan

Pause Includes $400 Million Chip Plant in Karnataka

1 min  |

May 02, 2025