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Financial Express Lucknow

RBI Mulls Easier Norms for Urban Co-op Banks

The Reserve Bank of India (RBI) on Monday issued a draft master circular, proposing to replace the existing norms for urban cooperative banks (UCBs) with a harmonised eligibility criteria for certain business authorisations, permissions and approvals.

1 min  |

July 29, 2025

Financial Express Lucknow

We expect to maintain 45% growth for next 2-3 years

Since taking over as CEO of Udaan in September 2021, Vaibhav Gupta has steered the company through a series of strategic pivots focused on cost efficiency, customer retention, and category expansion.

2 min  |

July 29, 2025

Financial Express Lucknow

Kharif sowing up 4%; drop in oilseeds & cotton areas

ABOVE NORMAL MONSOON rains after an early onset have helped the sowing of kharif crops, including paddy, pulses, oilseed, sugarcane and cotton.

1 min  |

July 29, 2025

Financial Express Lucknow

Sebi order: Jane Street asks for more time

US TRADING FIRM Jane Street said on Monday it has sought an extension to respond to an interim order from Securities and Exchange Board of India (Sebi) alleging it manipulated securities markets.

1 min  |

July 29, 2025

Financial Express Lucknow

Why did you wait for the inquiry to be over: SC to Justice Varma

The SC on Monday asked Allahabad High Court judge Justice Yashwant Varma why he decided to challenge the legality of the in-house inquiry against him after appearing before the committee and participating in the inquiry process.

1 min  |

July 29, 2025

Financial Express Lucknow

Draft Fuel Efficiency Norms for CVs Issued

The government on Monday released a draft proposal on fuel efficiency norms for commercial vehicles.

1 min  |

July 29, 2025

Financial Express Lucknow

Continue to consider voter card, Aadhaar: SC to election panel

• No stay on revision of rolls

2 min  |

July 29, 2025

Financial Express Lucknow

More than 31,000 govt employees opt for UPS

AS MANY AS 31,555 central government employees have opted for the Unified Pension Scheme (UPS) till July 20, and the last date to enrol under the scheme is September 30, Parliament was informed on Monday.

1 min  |

July 29, 2025

Financial Express Lucknow

Govt: Paused Operation Sindoor as targets met

Defence Minister Rajnath Singh told the Lok Sabha on Monday that India has fulfilled all its objectives through Operation Sindoor and agreed to a ceasefire without any pressure when Pakistan requested for it, adding that the Opposition was not asking the right questions when it sought to know how many planes were shot down.

2 min  |

July 29, 2025

Financial Express Lucknow

Scindia Exhorts BSNL to Increase Mobile Business by 50% in a Year

UNION TELECOM MINISTER Jyotiraditya Scindia on Monday asked state-run telecom firm BSNL to add customers and grow its mobile service business by 50% in the next year.

1 min  |

July 29, 2025

Financial Express Lucknow

Arvind Fashions Q1 profit jumps multi-fold, revenue grows 16%

ARVIND FASHIONS reported a multi-fold jump in profit for the June quarter, driven by steady demand across its apparel and accessory brands.

1 min  |

July 29, 2025

Financial Express Lucknow

Thailand, Cambodia agree for truce after 5 days

CAMBODIA AND THAILAND agreed to an \"immediate and unconditional ceasefire\" from midnight (1700 GMT) on Monday, in a bid to halt their deadliest conflict in more than a decade after five days of fierce fighting that has displaced more than 300,000 people.

1 min  |

July 29, 2025

Financial Express Lucknow

China rolls out childcare subsidy to boost birth rate

CHINA ANNOUNCED THAT it will start handing out childcare subsidies across the nation, in its latest push to boost birthrates after a worrying drop in recent years.

2 min  |

July 29, 2025

Financial Express Lucknow

Foreign investors lower holdings in public banks

How They Stack Up

2 min  |

July 29, 2025

Financial Express Lucknow

US, China hold new tariff truce talks, eye extension

Top US and Chinese economic officials resumed talks in Stockholm on Monday to resolve longstanding economic disputes at the center of a trade war between the world's top two economies, aiming to extend a truce by three months.

1 min  |

July 29, 2025

Financial Express Lucknow

Motown Keeps Chin Up for Festive Season

The industry has approached the ministry of heavy industries through the Society of Indian Automobile Manufacturers (SIAM), seeking temporary permission to import complete motors or sub-assemblies instead of just REMs.

1 min  |

July 29, 2025

Financial Express Lucknow

Structural transformation needed for higher growth

Policy focus has been to raise the quality of payment by raising the share of formal sector jobs, and simultaneously improving the activity of the informal sector, says S Mahendra Dev, chairman, Economic Advisory Council to the Prime Minister.

4 min  |

July 29, 2025

Financial Express Lucknow

Sebi bans four entities from securities market, fines ₹4 crore

SEBI ON MONDAY barred four entities from the securities market for two years and imposed a penalty totaling ₹4 crore on them for executing trades based on advance information of stock recommendations given by guest experts on the Zee Business channel.

1 min  |

July 29, 2025

Financial Express Lucknow

IT, banks drag indices down

THE ANNOUNCEMENT OF a global reduction in workforce by TCS and disappointing quarterly earnings of Kotak Mahindra Bank triggered a heavy sell-off across the IT and banking sectors on Monday.

1 min  |

July 29, 2025

Financial Express Lucknow

Positive growth outlook for Cipla

LED BY US GENERICS, DOMESTIC FOCUS & COST DISCIPLINE

2 min  |

July 29, 2025

Financial Express Lucknow

Tesla signs $16.5 billion chip deal with Samsung

Move Likely To Bolster Samsung Biz

1 min  |

July 29, 2025

Financial Express Lucknow

GAIL posts 25% fall in Q1 net profit

GAIL India on Monday reported a 25% decline in its consolidated net profit of ₹2,382 crore for the first quarter, compared with ₹3,183 crore in the year-ago period.

1 min  |

July 29, 2025

Financial Express Lucknow

Torrent Pharma revenue up 11% to ₹3,178 crore

AHMEDABAD-BASED TORRENT Pharma on Monday posted an 11% year-on-year (y-o-y) growth in revenue at ₹3,178 crore in the first quarter of FY26, from the corresponding period's revenue of ₹2,859 crore.

1 min  |

July 29, 2025

Financial Express Lucknow

Tata Sons Expects Reprieve From Forced IPO Amid Rule Review

TATA SONS, the holding company of the salt-to-software conglomerate, is not making any preparations for a near-term share sale as it believes regulators will extend a deadline to take itself public, said people familiar with the matter.

1 min  |

July 29, 2025

Financial Express Lucknow

Life Insurers' Focus Shifts as Appetite for ULIPs Falls

Choppy markets boost demand for traditional plans

2 min  |

July 29, 2025

Financial Express Lucknow

Adani Energy Eyes 10x Rise in Commercial, Industrial Biz

ADANI ENERGY SOLUTIONS is planning to scale up its C&I (commercial & industrial) segment 10 times from its current size over the next five years as it looks to expand into the adjacencies of its current business lines.

1 min  |

July 28, 2025

Financial Express Lucknow

UK services providers to get local status in India

London waives 'economic needs test' for Indian professionals

2 min  |

July 28, 2025

Financial Express Lucknow

Nothing's Too Small to Grind

Works Well Even for Smaller Quantities

1 min  |

July 28, 2025

Financial Express Lucknow

Sebi's true-to-label push splits fund industry

THE SECURITIES AND Exchange Board of India's (Sebi) latest proposal to cap the overlap between thematic/sectoral schemes and other equity schemes at 50%, in a bid to promote true-to-label investing, has divided the industry.

2 min  |

July 28, 2025

Financial Express Lucknow

Bombay HC stays order in Kirloskar dispute case

Family Row

2 min  |

July 28, 2025