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Financial Express Lucknow

L&T could beat FY26 order inflows target: Brokerages

New High

1 min  |

July 31, 2025

Financial Express Lucknow

Duty-free access for electronics in US retained

Smartphones, laptops, servers out of tariff net

1 min  |

July 31, 2025

Financial Express Lucknow

Land Monetisation by Railways Crosses ₹3,100 Cr in FY25

THE INDIAN RAILWAYS has earned ₹3,129 crore in FY25 from monetising its land bank for commercial purposes, which is 16% higher than the previous year, railways minister Ashwini Vaishnaw told Parliament on Wednesday.

1 min  |

July 31, 2025

Financial Express Lucknow

DGCA finds 263 safety lapses in airline audits

The Directorate General of Civil Aviation (DGCA) found 263 safety-related lapses across various operators in their annual audits, but underscored that that higher number of lapses — particularly in the case of airlines with extensive networks and large aircraft fleets — is \"entirely normal\" given the breadth and depth of their operations rather than any unusual lapse.

1 min  |

July 31, 2025

Financial Express Lucknow

Volcano in Russia's far east erupts

The Klyuchevskoy volcano on Russia's Kamchatka peninsula began erupting after Wednesday's powerful earthquake in the Pacific, a geological monitoring service said.

1 min  |

July 31, 2025

Financial Express Lucknow

Benchmarks brace for Trump tariff turbulence

How Sensex Reacted To US President's Announcements

2 min  |

July 31, 2025

Financial Express Lucknow

China's AI Strategy Relies on Frenzy and Frenemies

WANDERING THROUGH THE halls of China's top artificial intelligence summit this week, I overheard heated debates on some of the thorniest issues facing the sector: How do we solve the problem of interoperability if hundreds of companies are launching their own AI agents? Which large language models are the most developer-friendly to build apps on? Are humanoids tools or companions?

2 min  |

July 31, 2025

Financial Express Lucknow

SUVs, tractors drive M&M profit up 32%

MAHINDRA & MAHINDRA (M&M) posted a 32% year-on-year (y-o-y) surge in standalone net profit to ₹3,450 crore in the June quarter, helped by a richer product mix in the SUV category and a better average selling price in the tractor segment.

1 min  |

July 31, 2025

Financial Express Lucknow

DLI scheme needs rejig, say experts

THE DESIGN-LINKED INCENTIVE (DLI) scheme, a key component of India's ₹76,000-crore semiconductor incentive programme, needs urgent revamp to better align with the capital-intensive reality of chip design, said Ajai Chowdhry, co-founder of HCL & EPIC foundation.

1 min  |

July 31, 2025

Financial Express Lucknow

Retail leasing in malls rises 69%: JLL

LEASING OF RETAIL spaces in shopping malls and high streets rose 69% to 5.7 million sq ft in the January-June period across seven major cities on better demand from both domestic and foreign retailers, according to JLL India.

1 min  |

July 31, 2025

Financial Express Lucknow

Hybrids' approach...

HYBRID ADOPTION is accelerating despite a limited product lineup, fewer than a dozen models from just four automakers: Toyota, Lexus, Maruti Suzuki, and Honda.

1 min  |

July 31, 2025

Financial Express Lucknow

Power Grid Q1 Profit Falls 2.5%

STATE-OWNED POWER transmission company Power Grid Corporation of India on Wednesday registered a fall of 2.5% in its consolidated net profit for the first quarter of the financial year 2025-26 at ₹3,630.58 crore from ₹3,723.92 crore in Q1FY25.

1 min  |

July 31, 2025

Financial Express Lucknow

Satcom spectrum rules set for Aug release

THE RULES FOR allocation of spectrum for satellite communications (satcom) services are likely to be finalised in the first two weeks of August, a senior official at the Department of Telecommunications (DoT) told FE on Wednesday.

1 min  |

July 31, 2025

Financial Express Lucknow

PwC: Tax, rate cuts to help India's economy grow 6.5% in FY26

INDIA'S ECONOMIC GROWTH will likely be around 6.5% in 2025-26, aided by a lower interest rate regime, income tax cuts and a likely improvement in urban demand, PwC India experts said on Wednesday.

1 min  |

July 31, 2025

Financial Express Lucknow

Market manipulation or legit short-selling?

The Jane Street episode is not about hedging, as it claims, but manipulation. The profits it made clearly indicate that the purpose was to pump and dump the stocks

4 min  |

July 31, 2025

Financial Express Lucknow

Avenue Supermarts to double down on store expansion

Targets opening 50 stores in FY26, focus on the north

2 min  |

July 31, 2025

Financial Express Lucknow

IndiGo profit dives 20% in Q1

Margins hit by airspace closures in West Asia & post Operation Sindoor

1 min  |

July 31, 2025

Financial Express Lucknow

Jane seeks six weeks to respond to Sebi

JANE STREET GROUP has sought six more weeks from the Securities and Exchange Board of India (Sebi) to prepare its defence against market manipulation allegations, though it may get fewer, according to a person familiar with the matter.

1 min  |

July 31, 2025

Financial Express Lucknow

Day 1: NSDL IPO booked 1.78 times

THE INITIAL PUBLIC offering (IPO) of National Securities Depository (NSDL) got fully subscribed within hours of its launch on Wednesday.

1 min  |

July 31, 2025

Financial Express Lucknow

Schneider buys Temasek's residual stake in Indian JV

Schneider Electric on Wednesday announced signing an agreement to acquire Temasek's remaining 35% stake in their Indian joint venture — Schneider Electric India (SEIPL) — for an all-cash consideration of €5.5 billion to reach full ownership.

1 min  |

July 31, 2025

Financial Express Lucknow

PNB profit slumps 48% on higher tax expenses

PUNJAB NATIONAL BANK'S net profit declined 48.5% year-on-year to ₹1,675 crore for the quarter ended June on the back of higher tax expenses and muted net interest income growth.

1 min  |

July 31, 2025

Financial Express Lucknow

Time for an HR reboot

INDIA HAS LONG been the technology backbone of the world, and our developer ecosystem has been central to that story. But as we step into the GenAI era, it's time for a fundamental reset in how we look at skills, roles, and long-term employability.

1 min  |

July 31, 2025

Financial Express Lucknow

China vows economic support, crackdown on competition

Beefing Up Capacity

1 min  |

July 31, 2025

Financial Express Lucknow

Solar Cell Capacity May Reach 42 GW by 2026

With private players ramping up cell manufacturing, the government expects the solar cell capacity to reach 42 gigawatts (GW) by June, with the approved list of models and manufacturers (ALMM) for cells being introduced soon, official sources said.

2 min  |

July 31, 2025

Financial Express Lucknow

India Inc starts counting cost of trade jolt

INDIAN COMPANIES ARE preparing for a significant disruption in trade ties with the US after President Donald Trump announced a 25% tariff and an unspecified penalty on Indian goods, citing New Delhi's continued defence and energy ties with Russia.

1 min  |

July 31, 2025

Financial Express Lucknow

Trump's Tariff Tsunami...

IT MAY STILL be able to keep the export pace in some sectors like textiles and garments, where it enjoys a high degree of relative advantage with some South Asian competitors, but would lose out in other areas including marine products.

3 min  |

July 31, 2025

Financial Express Lucknow

Tesla, LG Energy sign $4.3-bn pact

SOUTH KOREA'S LG Energy Solution (LGES) has signed a $4.3 billion deal to supply Tesla with energy storage system batteries, said a person familiar with the matter, as the US company looks to reduce reliance on Chinese imports due to tariffs.

1 min  |

July 31, 2025

Financial Express Lucknow

India Can Replicate SaaS Success in Cybersecurity: Accel Partner

A large opportunity in the cybersecurity space today is building security tools for generative AI applications, Prayank Swaroop, partner at Accel, said.

1 min  |

July 31, 2025

Financial Express Lucknow

Tata Steel profit more than doubles to ₹2,078 cr in Q1

FIRMING UP GROWTH

1 min  |

July 31, 2025

Financial Express Lucknow

No third-party intervention behind ceasefire: Jaishankar

EXTERNAL AFFAIRS MINISTER S Jaishankar asserted on Wednesday that there was no third-party intervention in ensuring a ceasefire between India and Pakistan during Operation Sindoor, making it clear that it was not linked to trade as claimed by US President Donald Trump.

1 min  |

July 31, 2025