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Financial Express Mumbai

US trade deficit in April narrows to $55.9 billion

THE US TRADE deficit narrowed in April as exports jumped to a record high, a trend that if sustained, puts trade on course to contribute to economic growth this quarter.

1 min  |

June 10, 2026

Financial Express Mumbai

India’s FTAs have been more beneficial for partners: GTRI

INDIA’S FREE TRADE agreements have handed over a bigger advantage to partner countries as utilisation rates remain as low as around 20-30%, according to a report by think tank Global Trade Research Initiative (GTRI).

1 min  |

June 10, 2026

Financial Express Mumbai

SBI likely to commit $1 bn to Sun Pharma foreign acquisition

STATE BANK OF India plans to join a group of global lenders in funding Sun Pharmaceutical Industries’ $12-billion overseas acquisition, according to sources. SBI is set to commit as much as $1 billion, they said, adding that the proposal is pending board approval.

1 min  |

June 10, 2026

Financial Express Mumbai

EV, fintech jobs set to deliver biggest hikes

SALARY INCREMENTS SEEN BETWEEN 8.6% AND 10.2%

1 min  |

June 10, 2026

Financial Express Mumbai

Earth observation can add $263 billion in annual economic value globally: Report

WHILE EARTH OBSERVATION (EO) data can contribute up to USD 703 billion to the global economy annually, more than 37% of EO’s total economic opportunity remains uncaptured -- around $263 billion in annual value -- according to a new report.

1 min  |

June 10, 2026

Financial Express Mumbai

Godrej sells properties worth ₹2,000 cr in Bengaluru

GODREJ PROPERTIES ON Tuesday said it has sold more than 1,000 apartments in Bengaluru for ₹2,000 crore in its newly-launched residential project.

1 min  |

June 10, 2026

Financial Express Mumbai

Starlink India launch hits security roadblock

INDIA HAS EFFECTIVELY frozen approvals for Elon Musk’s space-based internet service Starlink to begin commercial operations, due to concerns over the use of its satellite terminals in the Iran war, according to people familiar with the matter.

1 min  |

June 10, 2026

Financial Express Mumbai

OPEC+ output hike fails to plug global oil supply gap

The latest decision of the Organization of the Petroleum Exporting Countries (OPEC) and allies to raise oil production by 188,000 barrels per day (bpd) is unlikely to bring meaningful relief to global markets as the closure of the Strait of Hormuz and Russia’s inability to meet higher production targets undermine the alliance’s efforts to boost supply, according to Rystad Energy.

2 min  |

June 10, 2026

Financial Express Mumbai

More bond buys via OMOs unlikely this fiscal: Experts

THE MEASURES TAKEN by the government and the Reserve Bank of India (RBI) to attract foreign capital will reduce the possibility of more bond purchases through open market operations (OMOs) during the current fiscal, believe economists.

1 min  |

June 10, 2026

Financial Express Mumbai

Modi's been the enabler that India desperately needs

PRIME MINISTER NARENDRA Modi unwittingly is a believer in Robert Frost: he took the road less travelled and that perhaps made all the difference.

3 min  |

June 10, 2026

Financial Express Mumbai

Messi's last shot at World Cup glory

THE 2022 WORLD Cup triumph ended a 36-year wait for Argentina, so they would be forgiven if they were caught in a timewarp.

3 min  |

June 10, 2026

Financial Express Mumbai

New AI-age law needed: Vaishnaw

THE CURRENT INFORMATION technology law was framed much before the rapid emergence of Artificial Intelligence (AI), Union Minister Ashwini Vaishnaw said on Tuesday, adding that he believes a new legal framework may be required to deal with the changing landscape.

1 min  |

June 10, 2026

Financial Express Mumbai

Zepto emerges as challenger to Blinkit

BLINKIT ENDED FY26 with 2,243 dark stores, nearly double the networks operated by either Zepto or Instamart. Zepto had 1,139 dark stores at the end of March, while Instamart operated 1,143 stores.

1 min  |

June 10, 2026

Financial Express Mumbai

BYD bets big on plug-in hybrids

China EV maker boost India plans

1 min  |

June 10, 2026

Financial Express Mumbai

IRB Infra toll collections rise 25% to ₹ 843 cr

IRB GROUP, COMPRISING integrated private toll roads and highways infrastructure developer, IRB Infrastructure Developers, along with its two sponsored InvITs — IRB Infrastructure Trust and IRB InvIT Fund — reported a 25% year-on-year increase in toll revenue for May 2026 compared with the corresponding month last year.

1 min  |

June 10, 2026

Financial Express Mumbai

Congestion at ports jacks up export costs

THE PILING UP of containers and the shortage of trailer drivers at the large West Coast ports have resulted in increasing instances of exporters missing their contracted ships.

2 min  |

June 10, 2026

Financial Express Mumbai

Epic, Sekura emerge as highest bidders for NHAI ToT assets

TWO PLATFORMS PUT IN A BID OF ₹2,259 CRORE

1 min  |

June 10, 2026

Financial Express Mumbai

BYD, Baidu, Alibaba aiding China's military, says US

PENTAGON UPDATES LIST OF MILITARY-LINKED COMPANIES

2 min  |

June 10, 2026

Financial Express Mumbai

Life insurers' new biz premium up 5%

LIFE INSURERS REPORTED 5% year-on-year (y-o-y) growth in new business premium (NBP) in May, the slowest monthly expansion in more than eight months, as the impact of the GST rate reduction on premium collections faded after supporting double-digit growth in the preceding months.

1 min  |

June 10, 2026

Financial Express Mumbai

WEAK MONSOON HITS FOOD SUPPLIES, STOKES INFLATION

WHILE THE COUNTRY braces for a weak monsoon, data from past years show that in strong El Niño years, food inflation remained elevated and farm-sector GDP growth slowed.

1 min  |

June 10, 2026

Financial Express Mumbai

Airbus implores staff to get back on track after weak quarter

AIRBUS CHIEF EXECUTIVE Officer Guillaume Faury said the planemaker must improve its performance in the latter half of 2026 after getting off to a slow start, suggesting an uphill battle for a company wrestling with persistent supply-chain snags.

1 min  |

June 10, 2026

Financial Express Mumbai

OpenAI files for US IPO

OPENAI CONFIDENTIALLY filed for a US initial public offering recently, the ChatGPT maker said, joining rival Anthropic in a push toward a stock market listing as it looks to tap into insatiable investor demand for AI shares.

1 min  |

June 10, 2026

Financial Express Mumbai

Zepto doubles revenue before IPO

QUICK-COMMERCE FIRM Zepto more than doubled its revenue in FY26 while expanding its share of industry orders, according to its updated draft red herring prospectus (UDRHP) filed with the Securities and Exchange Board of India ahead of its proposed initial public offering.

1 min  |

June 10, 2026

Financial Express Mumbai

Fertiliser subsidy bill may double

TO REDUCE DEPENDENCE on imports, the government has ensured adequate LNG supplies to boost domestic urea production, which could partly soften the subsidy burden.

2 min  |

June 10, 2026

Financial Express Mumbai

SENSEX, RUPEE VOLATILE AMID OUTFLOWS, HIGH OIL PRICES

THE SENSEX HAS remained under pressure this month, falling from 74,649.80 on June 2 to close at 73,918.76 on Tuesday (up 395 points).

1 min  |

June 10, 2026

Financial Express Mumbai

ATF price up 10% as oil firms roll out fixed pricing

AVIATION TURBINE FUEL (ATF) prices were raised around 10% on Tuesday as state-owned fuel retailers rolled out a price stabilisation regime, offering domestic airlines a fixed fuel rate for up to three years in a move aimed at shielding carriers and passengers from sharp swings in global oil prices.

1 min  |

June 10, 2026

Financial Express Mumbai

Israel launches strikes on Lebanon, again testing truce

ISRAEL STRUCK THE historic port city of Tyre in southern Lebanon on Tuesday, killing at least eight people, in an escalation that adds strain to efforts to broker a peace deal to end the West Asia war.

1 min  |

June 10, 2026

Financial Express Mumbai

SpiceJet delays pilot salaries amid funding crunch

SPICEJET HAS DELAYED salary payments to many of its pilots since March, internal messages seen by Reuters show, as the cash-strapped carrier said it is seeking an emergency loan under a government-backed credit scheme to help stabilise operations.

1 min  |

June 10, 2026

Financial Express Mumbai

FM to review schemes with PSBs in Bengal

FINANCE MINISTER NIRMALA Sitharaman will soon review the implementation of various flagship schemes, including Jan Dhan, Mudra and PM Vishwakarma, with public sector banks and regional rural banks in West Bengal, government sources said.

1 min  |

June 10, 2026

Financial Express Mumbai

Rules to set up coal exchanges get green signal

THE GOVERNMENT ON Tuesday notified the Coal Exchange Rules, 2026, paving the way for the establishment of exchanges for the fuel in India. This marks a major shift towards market-based coal trading aimed at improving price discovery in the country’s largest energy market.

1 min  |

June 10, 2026

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