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Financial Express Lucknow

Assume control' if rates not cut: Trump urges Fed board

President Donald Trump called on the Federal Reserve board to \"assume control\" if Chair Jerome Powell does not lower interest rates, escalating his ongoing feud with the central bank's head.

1 min  |

August 02, 2025

Financial Express Lucknow

Tariff to spark job losses, warn textile exporters

On Sticky Wicket

2 min  |

August 02, 2025

Financial Express Lucknow

Amazon falls as profit outlook, cloud growth spook investors

Rivals racing ahead

1 min  |

August 02, 2025

Financial Express Lucknow

OFS in LIC: Merchant bankers appointed

THE DEPARTMENT OF investment and public asset management (DIPAM) has appointed merchant bankers and legal advisers for minority stake sales by the government in state-run Life Insurance Corporation (LIC) and other financial institutions, DIPAM secretary Arunish Chawla said on Friday.

1 min  |

August 02, 2025

Financial Express Lucknow

Tax on rental income to be paid by both owners as per share

I have let out two properties which are owned in joint name with my wife. Should we divide the tax to be paid on the rental income?

1 min  |

August 02, 2025

Financial Express Lucknow

A Welcome Recall

SC should penalise those who tried to game the system in the BPSL case, but liquidation is certainly not an option

2 min  |

August 02, 2025

Financial Express Lucknow

French wine exporters see €1-billion loss

FRANCE'S WINE AND spirits industry expects to lose €1 billion ($1.1 billion) should the US go ahead with imposing a 15% import tariff on their products next week, as the European Union (EU) makes a last-ditch effort to obtain an exemption.

1 min  |

August 02, 2025

Financial Express Lucknow

Jane Street not cooperating with I-T dept probe: Sources

JANE STREET, THE US-based proprietary trader under investigation for index manipulation, has not been cooperating with the income tax department, said sources.

1 min  |

August 02, 2025

Financial Express Lucknow

Swiggy Q1 losses double as q-comm war heats up

Swiggy reported a bigger-than-expected net loss of ₹1,197 crore for the June quarter, compared to ₹611 crore a year earlier.

1 min  |

August 01, 2025

Financial Express Lucknow

Adani Enterprises Profit Dips 49% in Q1

ADANI ENTERPRISES, THE flagship company of billionaire Gautam Adani's group, on Thursday reported a 49% decline in the June quarter profit as weak coal demand offset growth in the airport and mining units.

1 min  |

August 01, 2025

Financial Express Lucknow

PSBs trump private banks in rate transmission again

PUBLIC SECTOR BANKS (PSBs) saw faster transmission of rates than their private peers for the second month in a row.

1 min  |

August 01, 2025

Financial Express Lucknow

Tata Steel Braces for Softer Q2 in India

TATA STEEL expects a decline in net realisations in its Indian operations in the July-September quarter, following a sequential rise in Q1, the steelmaker's chief executive TV Narendran said during the first-quarter earnings call on Thursday.

1 min  |

August 01, 2025

Financial Express Lucknow

High prices weigh on gold jewellery demand

Slippery Slope

1 min  |

August 01, 2025

Financial Express Lucknow

Fiscal deficit doubles to ₹2.8 lakh cr in Q1

THE CENTRE'S FISCAL deficit more than doubled on year to ₹2.8 lakh crore to reach 17.9% of the annual target in the first quarter of FY26, with acceleration in capex and revenue expenditure even as net tax receipts declined.

1 min  |

August 01, 2025

Financial Express Lucknow

Uber targets 4,500 intercity routes

UBER ON THURSDAY announced plans to expand its intercity route network in India to 4,500 routes by the end of this calendar year, up from the current 3,000.

1 min  |

August 01, 2025

Financial Express Lucknow

Rupee plummets to all-time low

Terrible Thursday

2 min  |

August 01, 2025

Financial Express Lucknow

Jio's sustained performance on subscriber metrics

Reliance Jio's subscriber quality metrics in June, marked by the addition of 2.4 million active users and an improvement in its visitor location register (VLR) ratio to 97.4%, is a positive indicator for future tariff hikes, analysts said.

1 min  |

August 01, 2025

Financial Express Lucknow

Large deals drive Sonata Software's Q1 revenue

IT SERVICES FIRM Sonata Software has seen robust traction in AI-led digital modernization projects.

1 min  |

August 01, 2025

Financial Express Lucknow

Govt okays ₹11,169-crore rail multi-tracking projects

The government on Thursday approved four multitracking projects of Indian Railways at a total cost of ₹11,169 crore.

1 min  |

August 01, 2025

Financial Express Lucknow

IFFCO Names KJ Patel as New MD

IFFCO has appointed KJ Patel as its new managing director (MD), with former chief US Awasthi's term ending on Thursday.

1 min  |

August 01, 2025

Financial Express Lucknow

PB Fintech posts 40% jump in Q1 profit

PB Fintech reported a 40% rise in first-quarter profit on Thursday, as more consumers turned to digital platforms for insurance products.

1 min  |

August 01, 2025

Financial Express Lucknow

Sugar production likely to rise by 18% in 2025-26

INDIA'S SUGAR PRODUCTION is expected to rise by 18% to 34.90 million tonnes (MT) in the 2025-26 season (October-September), compared to the current season, due to adequate monsoon rains.

1 min  |

August 01, 2025

Financial Express Lucknow

Microsoft Races Past $4-trn Valuation After Solid Results

MICROSOFT SOARED PAST $4 trillion in market valuation on Thursday, becoming the second publicly traded company after Nvidia to surpass the milestone following a blockbuster earnings report.

1 min  |

August 01, 2025

Financial Express Lucknow

Vedanta's Q1 Adjusted PAT Grows 13%

VEDANTA ON THURSDAY posted a 13% rise in consolidated \"adjusted profit after tax\" to ₹5,000 crore in June quarter, driven by higher revenues.

1 min  |

August 01, 2025

Financial Express Lucknow

June quarter was most volatile since pandemic

With regard to profit after tax and revenue? Forward bookings have slowed down.

1 min  |

August 01, 2025

Financial Express Lucknow

Gems, jewellery units fear deepening export slump

0-40 bps risk

1 min  |

August 01, 2025

Financial Express Lucknow

Over 76% Rural Households Report Rise in Consumption: Nabard Survey

In a clear sign of rural economic momentum, 76.6% of rural households reported an increase in consumption, marking a sustained trajectory of consumption-led growth, according to a Nabard survey.

1 min  |

August 01, 2025

Financial Express Lucknow

US Rushes Through Trade Deals Before Aug 1

TRADE WAR Trump's trade deals and country-specific tariffs

2 min  |

August 01, 2025

Financial Express Lucknow

HUL profit expands 8% in June qtr

Hindustan Unilever (HUL) on Thursday reported an 8% year-on-year rise in standalone net profit to ₹2,732 crore for the quarter ended June 2025, aided by lower tax expenses and volume-led sales growth across key categories.

1 min  |

August 01, 2025

Financial Express Lucknow

Growth of real estate firms slows, fundamentals strong

Combined value of realty firms gains new grounds

1 min  |

August 01, 2025