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Financial Express Delhi

OpenAI may target $1-trn IPO valuation

OPENAI IS LAYING the groundwork for an initial public offering that could value the company at up to $1 trillion, three people familiar with the matter said, in what could be one of the biggest IPOs of all time.

1 min  |

October 31, 2025

Financial Express Delhi

Indices close lower as Fed rules out December cut

THE BENCHMARK INDICES fell up to 0.70% on Thursday, weighed down by the US Federal Reserve’s comments ruling out a rate cut in its next policy announcement in December, amid mixed global cues.

1 min  |

October 31, 2025

Financial Express Delhi

Weddings to generate ₹6.5L cr this year

WEDDINGS IN INDIA will generate ₹6.5 lakh crore business from 4.6 million marriages in the first set of auspicious dates from November 1 to December 14 this year, as estimated by the Confederation of All India Traders (CAIT).

2 min  |

October 31, 2025

Financial Express Delhi

FPIs flash India comeback signal

Short positions at 3-month low

1 min  |

October 31, 2025

Financial Express Delhi

Bank credit grows 11.45%, show RBI data

LOANS EXTENDED BY banks grew 11.45%year-on-year (YoY) as on October 17, continuing to outpace the growth in deposits, the Reserve Bank of India data released on Thursday showed.

1 min  |

October 31, 2025

Financial Express Delhi

China's AI push has scale. But substance?

WHEN IT COMES to the sheer number of generative artificial intelligence users in China, the question shouldn’t be how many there are, but how they’re using it.Anew report from the China Internet Network Information Center indicates the nation had some 515 million users as of June, up by 266 million since December, according toa readout from Xinhua.Ata first glance, the figure suggests that Beijing’s push to spread the technology throughout industries to boost productivity — the so-called Al Plusinitiative — is bearing fruit.

2 min  |

October 31, 2025

Financial Express Delhi

Bandhan Bank profit slides to ₹112 crore

THE POST-TAX PROFIT of private lender Bandhan Bank decreased to₹112 crore during the second quarter of the current financial as compared to 937 crore in the year-ago period. Operating profit decreased to ₹1,310 crore, from $1,855 crore in the same quarter last year.

1 min  |

October 31, 2025

Financial Express Delhi

China allows Indian firms to import rare earth magnets

CHINA HAS GRANTED licences to certain Indian companies to import rare earth magnets, the ministry of external affairs (MEA) said on Thursday.

2 min  |

October 31, 2025

Financial Express Delhi

US grants 6-month waiver to India on Chabahar port

After one-month relief, US grants India six-month Chabahar waiver. Fresh exemption to come into effect from October 29

1 min  |

October 31, 2025

Financial Express Delhi

BYD profit slumps again

BYD REPORTED ANOTHER slump in quarterly profit as intensifying domestic competition and growing industry scrutiny pile pressure on the Chinese carmaker’s sales outlook.

1 min  |

October 31, 2025

Financial Express Delhi

ITC Q2 profit rises 3% to ₹5,126 crore

REVENUE DECLINES 1.3% TO %21,256 CRORE

1 min  |

October 31, 2025

Financial Express Delhi

Sebi allows Nifty Bank rejig by March

QSBs get more time to implement optional T+0 settlement cycle

1 min  |

October 31, 2025

Financial Express Delhi

CAG urges states to build Odisha-like budget buffers

'STABLISATION FUND WILL COME IN HANDY IN HARD TIMES'

2 min  |

October 31, 2025

Financial Express Delhi

Global auto firms brace for chip cuts

CARMAKERS AROUND THE world are planning to scale back production after an export freeze on a Chinese semiconductor company based in Netherlands threatened to disrupt the industry’s supply chains.

1 min  |

October 31, 2025

Financial Express Delhi

Engineering exports to US down 9.4% in September

Shipments of steel, iron robust

1 min  |

October 31, 2025

Financial Express Delhi

Is protecting ‘competitors’ over ‘competition’ creating regulatory uncertainty?

THE RECENT BOMBAY High Court judgement of 11 September 2025 against Asian Paints, upheld by the Supreme Court on October 13 2025, has attracted media attention. These verdicts have created a perception of regulatory uncertainty in corporate boardrooms, whether “competitors” are being protected at the cost of “competition” due to the High Court’s rejection of res judicata, a concept recently introduced by the Competition Amendment Act, 2023. Such perception can hinder our economy’s growth, warranting further debate.

2 min  |

October 31, 2025

Financial Express Delhi

Canara Bank profit climbs 19%

REPORT CARD

1 min  |

October 31, 2025

Financial Express Delhi

Govt to create valid data on district domestic product

THE ANNUAL SURVEY of unincorporated sector enterprises (ASUSE), coupled with the periodic labour force survey (PLFS), would be extremely useful in calculating the district domestic product (DDP), Ministry of Statistics and Programme Implementation Secretary Saurabh Garg has said.

1 min  |

October 31, 2025

Financial Express Delhi

Swiggy delivers no surprise: Revenue rises, loss widens

NET LOSS WIDENS 74% TO 71,092 CR, REVENUE UP 54% TO %5,561 CR

2 min  |

October 31, 2025

Financial Express Delhi

5,000 FPOs must have turnover above ₹1 cr by FY26: Chouhan

AGRICULTURE MINISTER SHIVRAJ Singh Chouhan on Thursday called for increasing annual sales turnover of at least 5,000 farmers producer organisations (FPOs) to above ₹1 crore each by FY26 for achieving economy of sale and financial sustainability.

1 min  |

October 31, 2025

Financial Express Delhi

Jio users to get Gemini Pro free...

THE PLAN INCLUDES access to the Gemini 2.5 Pro model through the Gemini app, advanced image and video generation tools Nano Banana and Veo 3.1, expanded use of Notebook LM for research and study and 2 TB of cloud storage.

1 min  |

October 31, 2025

Financial Express Delhi

CSR for Nation Building to Achieve Viksit Bharat

PSUs have undertaken a wide range of impactful activities over the years — from environmental protection and women’s empowerment to rural development, education, healthcare, job creation and disaster relief

4 min  |

October 31, 2025

Financial Express Delhi

RDIF as engine of knowledge economy

THIS YEAR'S ECONOMICS Nobel Prize awarded to Philippe Aghion, Peter Howitt, and Joel Mokyr underscores the principle that sustained productivity gains stem not from capital deepening alone but from frontier innovation, the systematic generation and diffusion of new technologies that displace obsolete ones through creative destruction.

3 min  |

October 31, 2025

Financial Express Delhi

Jio users to get Gemini Pro free under RIL-Google deal

Move follows similar offers by Airtel-Perplexity & ChatGPT

1 min  |

October 31, 2025

Financial Express Delhi

L&T targets 6x rise in data centre biz

ENGINEERING AND CONSTRUCTION giant Larsen & Toubro (L&T) plans to expand its data centre capacity sixfold to 200 MW from 32 MW as it bets big on India’s growing digital infrastructure demand.

1 min  |

October 31, 2025

Financial Express Delhi

US ends automatic work permit extension

VISA OVERHAUL ■ The rule takes effect immediately, requiring full re-screening for renewals ■ It follows Trump administration's $100,000 H-1B visa fee hike

1 min  |

October 31, 2025

Financial Express Delhi

Building Sustainable and Inclusive Future with Indian PSUs

PSU-led CSR projects not only empower people in backward regions but also help strengthen urban development

4 min  |

October 31, 2025

Financial Express Delhi

Lenskart anchor book gets 20 times response

THE ANCHOR BOOK of Lenskart Solutions has received bids worth %68,000 crore, nearly 10 times the issue size and 20 times the anchor book size, according to sources.

1 min  |

October 31, 2025

Financial Express Delhi

Govt reimposes import tariff on yellow peas

TO BOOST THE market prices of pulses, the government has imposed a 30% import duty on yellow peas, a cheaper substitute ofchana, largely used in the food processing industry, from November 1.Duty-free imports of the item was allowed from December, 2023.

2 min  |

October 31, 2025

Financial Express Delhi

BSNL achieves 93% of Q2 revenue target, says Scindia

STATE-RUN TELECOM operator Bharat Sanchar Nigam Limited (BSNL) achieved 93% of its second-quarter revenue target for FY2025-26, generating Rs 5,347 crore, Union Minister for Communications Jyotiraditya Scindia said on Thursday.

1 min  |

October 31, 2025
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