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Financial Express Mumbai

Pragmatism rules but no clarity yet on Special 301

THE US SIDE was led by Assistant US Trade Representative for South and Central Asia Brendan Lynch, and the Indian team was led by Additional Secretary in the Department of Commerce Darpan Jain.

1 min  |

June 05, 2026

Financial Express Mumbai

India should stop selling itself short; growth story intact, says Citi's Fraser

Says India remains resilient despite global economic uncertainties

1 min  |

June 05, 2026

Financial Express Mumbai

Airlines get fuel shield as ATF fixed at ₹86.32/litre

A DAY AFTER the Union Cabinet approved a ₹10,000-crore jet fuel price stabilisation fund, the government on Thursday announced that domestic airlines can opt to purchase aviation turbine fuel (ATF) at fixed benchmark rates of ₹86.32 per litre for domestic operations and ₹104.49 per litre for international flights.

1 min  |

June 05, 2026

Financial Express Mumbai

FDI equity flows up 18% in FY26

THE FOREIGN DIRECT Investment (FDI) equity inflows into the country increased 18% year-on-year to $58.8 billion in 2025-26 with major boost provided by investors in computer software and hardware sectors, an analysis by the Department for Promotion of Industry and Internal Trade (DPIIT) said.

1 min  |

June 05, 2026

Financial Express Mumbai

Import substitution policy in priority sectors in focus

Working groups to identify 100 products

1 min  |

June 05, 2026

Financial Express Mumbai

Powering the pipes

PERFIOS IS QUIETLY BECOMING THE TECHNOLOGY BACKBONE OF INDIA’S FINANCIAL SYSTEM

1 min  |

June 05, 2026

Financial Express Mumbai

Probe puts LIC due diligence in focus

LIFE INSURANCE CORPORATION of India's (LIC) stake in Rajesh Exports, which is facing regulatory scrutiny over alleged large-scale financial misrepresentation, has raised questions about the investment practices of India's largest institutional investor and the safeguards protecting policyholders' money.

1 min  |

June 05, 2026

Financial Express Mumbai

Maruti Suzuki rolls out India's first flex-fuel car

Centre targets 5,000 pumps by 2027 in ethanol mobility push

2 min  |

June 05, 2026

Financial Express Mumbai

War pushes tanker insurance costs up to $7.5 mn/voyage

WAR-RISK INSURANCE PREMIUMS for tankers transiting the Strait of Hormuz have surged by more than 1,000%, pushing additional insurance costs for a typical Very Large Crude Carrier (VLCC) to as much as $7.5 million per voyage, even as intermittent ceasefires have failed to restore confidence among shipowners, charterers and insurers.

2 min  |

June 05, 2026

Financial Express Mumbai

Goyal: 2-3 FTAs to take effect in 6 months

INDIA WILL SEE at least two to three major free trade agreements (FTAs) come into force within the next six months, followed by the execution of another three to four significant trade pacts over the next year, Commerce and Industry Minister Piyush Goyal said on Thursday at the Citi India Conference 2026.

1 min  |

June 05, 2026

Financial Express Mumbai

Refex Mobility revenue more than doubles to ₹103 crore

REFEX MOBILITY, THE clean mobility subsidiary of Refex Industries, has crossed the ₹100-crore revenue milestone, reporting a total income of ₹103.2 crore in FY24, nearly a two-and-a-half fold increase from the previous financial year, driven by rising demand for organised, technology-led corporate mobility services across India.

1 min  |

June 05, 2026

Financial Express Mumbai

Tata Sons infuses ₹5,166 cr more into teleservices arm

TATA SONS, THE holding company of $150-billion Tata Group, infused an additional ₹5,166 crore into loss-making telecom subsidiary Tata Teleservices during FY26, thus increasing its stake in the unlisted company to 94.3% and helping the company pay government dues.

2 min  |

June 05, 2026

Financial Express Mumbai

Why Zaynich may be Indian pharma’s watershed moment

Zaynich, Wockhardt's new antibiotic for combating multidrug-resistant pathogens, is the first fully indigenously developed Indian new chemical entity to secure US FDA approval. Spurred by its success, the Indian pharmaceutical industry may just start focusing on drug discovery, writes Banasree Purkayastha

3 min  |

June 05, 2026

Financial Express Mumbai

Gauging the services sector

BUILDING AN INDEX OF SERVICE PRODUCTION WILL BE DIFFICULT BUT IT WILL BE A WELCOME ADDITION

4 min  |

June 05, 2026

Financial Express Mumbai

Rajesh Exports refutes Sebi claims

Company denies inflated financials, cites likely Sebi miscommunication; shares tumble 5%

1 min  |

June 05, 2026

Financial Express Mumbai

Ready for kick-off

WITH JUST UNDER A WEEK TO GO FOR THE FIFA WORLD CUP, ZEE IS PULLING OUT ALL THE STOPS TO DRIVE ADVERTISER INTEREST

3 min  |

June 05, 2026

Financial Express Mumbai

Owning the stack

FROM PIONEERING UPI ADOPTION TO BUILDING A FULL-STACK FIN SERVICES ECOSYSTEM, PHONEPE IS PLAYING A LONG GAME

1 min  |

June 05, 2026

Financial Express Mumbai

Inox Clean Energy to buy Vena Energy's 6 GW RE portfolio

INOX CLEAN ENERGY, part of the INOXGFL Group, on Thursday said it has signed an agreement to acquire Vena Energy’s 6 GW renewable energy portfolio.

1 min  |

June 05, 2026

Financial Express Mumbai

The quiet compounding

FROM APPRENTICE ENGINEER TO ARCHITECT OF ONE OF INDIA'S MOST ADMIRED FINANCIAL-SERVICES FRANCHISE, SANJIV BAJAJ HAS BUILT SCALE WITHOUT SPECTACLE

2 min  |

June 05, 2026

Financial Express Mumbai

Pragmatism rules but no clarity yet on Section 301

INDIA AND THE US on Thursday wrapped up another round of discussions on an interim trade deal, as both sides sought to bridge gaps in their respective positions.

2 min  |

June 05, 2026

Financial Express Mumbai

Zee eyes gold rush with big ad rate push

ZEE ENTERTAINMENT — THE official broadcaster of the 2026 FIFA World Cup — is offering a unified ad rate of about ₹16,600 per 10 seconds for spot advertisers, combining TV and digital, media buyers and planners who’ve been approached by the company told FE.

1 min  |

June 05, 2026

Financial Express Mumbai

Calm fields, nervous skies ahead

THE FORECASTS ARE worrying, but walk through the crop-critical regions of India and you find something unexpected: farmers are not panicking.

2 min  |

June 05, 2026

Financial Express Mumbai

Putin faces rival war and peace at Russia's 'Davos'

PRESIDENT VLADIMIR PUTIN faced two rival outlines of Russia’s future on Thursday as he hosted his premier annual investment conference with the war in Ukraine unabated.

1 min  |

June 05, 2026

Financial Express Mumbai

70% youth struggle to land first jobs: Indeed

YOUNG JOBSEEKERS IN India are finding it increasingly difficult to secure their first job, with seven in 10 respondents saying entering the workforce is harder today than it was three to five years ago, according to Indeed’s Fresher Hiring Report.

1 min  |

June 05, 2026

Financial Express Mumbai

Russia-US talks on energy to continue

RUSSIA-US TALKS on economic and energy issues continue despite a pause in Ukraine peace negotiations, President Vladimir Putin’s special envoy Kirill Dmitriev told Reuters on Thursday, adding he spoke to US counterparts a day earlier.

1 min  |

June 05, 2026

Financial Express Mumbai

IndiGo halts 6 international routes till Sept

INDIGO AIRLINES WILL temporarily suspend services to six international destinations between July and September as it adjusts capacity amid softer seasonal demand and rising operating costs.

1 min  |

June 05, 2026

Financial Express Mumbai

Mumbai to witness 24 high tide spells of above 4.5 m in Jun-Sep

MUMBAI WILL WITNESS 24 high tides above 4.5 metres during this year's monsoon season, including a six-day spell from June 14 to 19, civic officials said on Thursday.

1 min  |

June 05, 2026

Financial Express Mumbai

Hezbollah rejection clouds Lebanon truce, US-Iran deal

THE PRO-IRAN HEZBOLLAH movement rejected a new ceasefire in Lebanon on Thursday and Israel said it would not withdraw troops from the country, undermining US President Donald Trump’s efforts to halt fighting there to forge peace with Tehran.

1 min  |

June 05, 2026

Financial Express Mumbai

IKEA sets up product development centre

SWEDISH FURNITURE RETAILER and home furnishing major IKEA on Thursday announced setting up a new product development company in India to support the creation of affordable and locally relevant products for domestic and global markets.

1 min  |

June 05, 2026

Financial Express Mumbai

Temasek-backed StarAgri eyes 20% CAGR over next decade

STARAGRI, A TEMASEK-BACKED agritech company, is set to close FY26 with a topline of approximately ₹2,000 crore, and plans to scale up its core businesses this financial year.

1 min  |

June 05, 2026

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