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Financial Express Pune

Tepid response to RBI's ₹2.5L-cr VRRR auction

The response to the Reserve Bank of India's seven-day variable rate reverse repo auction, held on Friday, was less enthusiastic than expected, with bids coming in for ₹1.52 lakh crore, against the notified amount of ₹2.5 lakh crore.

1 min  |

July 12, 2025

Financial Express Pune

Small is powerful in Bihar

HANISHWAR NATH RENU, the eminent novelist who used to write on the social-political churning in Bihar, made two important observations on the society and development politics in Bihar in his most famous work, Maila Anchal (The Soiled Linen).

4 min  |

July 12, 2025

Financial Express Pune

Tesla's Debut in India

BUYERS WILL BE able to begin configuring and ordering their cars as early as next week, with deliveries expected to begin by late August.

1 min  |

July 12, 2025

Financial Express Pune

Direct tax mop-up dips 1.3% this fiscal

THE CENTRE'S DIRECT tax collections after refunds fell by 1.3% to ₹5.63 lakh crore till July 10 of the current fiscal, reflecting impact of budgeted tax reliefs and a surge in refunds.

1 min  |

July 12, 2025

Financial Express Pune

Timeless history meets endless sea

JUST TWO HOURS from Chennai lies a place where history is carved in the landscape.

1 min  |

July 12, 2025

Financial Express Pune

₹500-cr incentive scheme for e-trucks rolled out

The government on Friday launched a ₹500 crore incentive scheme to promote the adoption of electric trucks, aiming to boost clean mobility in the commercial vehicle segment.

1 min  |

July 12, 2025

Financial Express Pune

Trump slaps 35% tariff on Canadian imports

US PRESIDENT DONALD Trump ramped up his tariff assault on Canada on Thursday, saying the US would impose a 35% tariff on imports next month and planned to impose blanket tariffs of 15% or 20% on most other trading partners.

2 min  |

July 12, 2025

Financial Express Pune

Analysts Cautious About TCS Growth Recovery

TATA CONSULTANCY SERVICES (TCS) is expected to see a slow-paced recovery over the next few quarters, as deal conversions remain sluggish and clients continue to hold back discretionary tech spending, analysts said.

2 min  |

July 12, 2025

Financial Express Pune

NHAI Targets Awarding ₹62K-Cr Projects in FY26

The National Highways Authority of India (NHAI) proposes to significantly increase the share of build operate transfer (BoT) mode in road development, aiming to raise it to nearly 16% of total project awards.

1 min  |

July 12, 2025

Financial Express Pune

FM in Meghalaya, Launches ₹1,500-Cr Key Infra Projects

Union finance minister Nirmala Sitharaman on Friday inaugurated 72 digital libraries and laid foundation stones for multiple key infrastructure and development projects worth over ₹1,500 crore in Meghalaya.

1 min  |

July 12, 2025

Financial Express Pune

US Tariff Heat Looms Over India's Russian Oil Supplies

Trade War

2 min  |

July 12, 2025

Financial Express Pune

Brazil Won't Accept Tutelage: Lula on Trump's 50% Tariffs

RESPONDING FIRMLY to President Donald Trump's 50% tariff hike on Brazilian goods, President Luiz Inácio Lula da Silva reaffirmed Brazil's commitment to defending its sovereignty.

1 min  |

July 11, 2025

Financial Express Pune

Priya Nair to be first woman to helm HUL

The company also added that Nair will join the board, subject to necessary approvals and continue to be a member of the Unilever Leadership Executive.

1 min  |

July 11, 2025

Financial Express Pune

Vedanta chief pitches '3D' plan for growth

MINING MAJOR VEDANTA on Thursday held its 60th annual general meeting (AGM), which was streamed live across social media.

2 min  |

July 11, 2025

Financial Express Pune

Govt Plans Tighter Oversight To Curb Mediclaim Charges

Check On Excesses

1 min  |

July 11, 2025

Financial Express Pune

Jane Street's F&O gains surpass combined profits of exchanges

JANE STREET'S (JS) ONE-year profit from futures and options (F&O) trading in India exceeded the combined profits of all major Indian stock exchanges — NSE, BSE, MCX, and IEX — in FY25.

1 min  |

July 11, 2025

Financial Express Pune

With USAID shut, Borlaug's institute seeks India's help

SIX DECADES AGO, the legendary agricultural scientist Norman Borlaug ushered in India's Green Revolution through his high-yielding, semi-dwarf wheat varieties such as Lerma Rojo 64A, Sonora 63, Sonora 64 and Mayo 64.

2 min  |

July 11, 2025

Financial Express Pune

NSE expiry day activity falls to April-end levels

THE FIRST EXPIRY after the Securities & Exchange Board of India's (Sebi) action on high-frequency trader Jane Street led to a fall in trading activity in NSE's derivatives contracts to April-end level, data showed on Thursday.

1 min  |

July 11, 2025

Financial Express Pune

RBI to conduct ₹2.5 lakh-crore seven-day VRRR auction today

In a move to suck out temporary liquidity from the financial system, the Reserve Bank of India on Thursday said it would conduct a seven-day variable rate reverse repo (VRRR) auction on Friday for an amount of ₹2.5 lakh crore.

1 min  |

July 11, 2025

Financial Express Pune

JPMorgan mulls cutting India, China share in EM bond index

JPMORGAN CHASE & Co is considering cutting the weight of the largest bond issuers, including China and India, in its flagship emerging-market index as it seeks to reflect a broader range of developing-nation debt.

1 min  |

July 11, 2025

Financial Express Pune

EY Launches AI Academy to Support Talent Upskilling

CONSULTING FIRM EY has launched an AI Academy to support enterprises in upskilling talent and helping them build critical AI capabilities.

1 min  |

July 11, 2025

Financial Express Pune

US crude supplies to India surge 50% in H1, Brazilian inflows jump 80%

Indian refiners' preference for non-OPEC crude growing: S&P

3 min  |

July 11, 2025

Financial Express Pune

Govt Mulls Selling Minority Stake in LIC

The government is working on further stake sale in Life Insurance Corporation (LIC) and the disinvestment department would work out finer details of the transaction, sources said.

1 min  |

July 11, 2025

Financial Express Pune

TCS adds 5,090 employees

Firm cautious on future hiring; FY25 pay hikes awaited

1 min  |

July 11, 2025

Financial Express Pune

ARC assets could shrink in FY26: Crisil

ASSETS UNDER MANAGEMENT (AUMs) of private ARCs (asset reconstruction companies), as measured by security receipts (SR) outstanding, are expected to decline 4-6% to around ₹1.05 lakh crore this fiscal, after sliding 15% in FY25, according to Crisil Ratings.

1 min  |

July 11, 2025

Financial Express Pune

Urban FMCG value growth pips rural

Last week, Dabur, along with peers such as Marico and GCPL, said they were seeing an uptick in Q1 volume growth, led by rural recovery and stable demand trends across markets.

1 min  |

July 11, 2025

Financial Express Pune

Screen Academy Launched, to Tap New Voices in Indian Cinema; Top Filmmakers on Board

The Indian Express Group and Screen on Wednesday announced the launch of Screen Academy, a pioneering not-for-profit initiative that will nurture and showcase exciting new voices in Indian cinema.

3 min  |

July 11, 2025

Financial Express Pune

Black boxes undamaged in Air India crash, say investigators

Investigators of the deadly Air India airliner crash that killed 260 last month told a meeting of lawmakers that the plane's black boxes were not damaged, two people familiar with the discussions said.

1 min  |

July 11, 2025

Financial Express Pune

Why Buldak ramen Is an $8-billion brand

WHEN IT COMES to instant noodles, there's no Korean discount. Only a Korean premium.

3 min  |

July 11, 2025

Financial Express Pune

Canara Bank drops 'fraud' label on loan by RCom

THE CANARA BANK on Thursday informed the Bombay High Court that it has withdrawn its order classifying as \"fraudulent\" the loan account of a firm linked to industrialist Anil Ambani.

1 min  |

July 11, 2025