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Financial Express Lucknow
Indian Oil resumes Russian crude buy
INDIAN OIL CORP, the country’s top refiner, has bought five cargoes of Russian oil for December arrival from nonsanctioned entities, traders said, resuming purchases despite pressure from Washington on India to stop buying Russian oil.
1 min |
November 01, 2025
Financial Express Lucknow
More flexibility for CAs under proposed ICAI code
THRESHOLD FOR STATUTORY AUDIT WORK RAISED TO 40 FIRMS
2 min |
November 01, 2025
Financial Express Lucknow
Meta seeks $25 bn from bond sale
META PLATFORMS AIMS to sell at least $25 billion of investment-grade bonds on Thursday, a day after Chief Executive Officer Mark Zuckerberg warned the company would spend even more aggressively on artificial intelligence in the coming year.
1 min |
October 31, 2025
Financial Express Lucknow
Union Bank sees 10% fall in profit
PUBLIC SECTOR LENDER Union Bank of India reported a 10% year-on-year (YoY) decline in net profit to ₹4,249 crore for the second quarter of FY26, compared to ₹4,719.7 crore in the corresponding quarter last year.
1 min |
October 31, 2025
Financial Express Lucknow
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 Lucknow
Engineering exports to US down 9.4% in September
Shipments of steel, iron robust
1 min |
October 31, 2025
Financial Express Lucknow
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 Lucknow
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 Lucknow
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 Lucknow
RBI rejects SBI Cap plan to raise stake in Investec unit
THE RESERVE BANK of India has turned down a proposal by State Bank of India (SBI) to increase its stake in an institutional equities joint venture with a local unit of Investec, sources said.
1 min |
October 31, 2025
Financial Express Lucknow
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 Lucknow
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 Lucknow
'GDP growth to average 6.7% during 2025-2040'
INDIA'S ECONOMY IS expected to grow by an average rate of 6.7% from 2025 to 2040, outpacing China’s 3% average real GDP expansion in the same period, Singapore-based DBS Bank said in a report on Thursday.
1 min |
October 31, 2025
Financial Express Lucknow
Trump cuts China tariffs by 10% after deal with Xi
Pause on rare earth curbs; Beijing to buy 12 mn tonne soybean
1 min |
October 31, 2025
Financial Express Lucknow
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 Lucknow
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 Lucknow
FPIs flash renewed India comeback signal
BLOOMBERG DATASHOW that in January this year, the open interest of short contracts hit 445,114—the highest since September 2015.
1 min |
October 31, 2025
Financial Express Lucknow
Yield jumps most in 6 weeks; rupee falls to fortnightly low
FED TURNS HAWKISH
1 min |
October 31, 2025
Financial Express Lucknow
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 Lucknow
High gold prices hit demand
Exchange of old jewellery for new has resulted in a fall in imports
2 min |
October 31, 2025
Financial Express Lucknow
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 Lucknow
Tighter cost control & higher exports drive Hyundai net up
Profit rises 14% to ₹1,572 cr in Q2, revenue grows 1%
1 min |
October 31, 2025
Financial Express Lucknow
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 Lucknow
Canara Bank profit climbs 19%
REPORT CARD
1 min |
October 31, 2025
Financial Express Lucknow
United Spirits profit up 36% as Andhra re-entry boosts sales
UNITED SPIRITS, THE country’s largest liquor maker, on Thursday reported a 36.1% year-on-year rise in consolidated net profit for the second quarter of FY26 to 464 crore, beating Street estimates by a wide margin. Bloomberg consensus estimates had forecast net profit at $373 crore.
1 min |
October 31, 2025
Financial Express Lucknow
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 Lucknow
L&T targets sixfold rise in data centre business
HE FURTHERADDED that data centres are a capital-intensive business, and getting clients to use the data centre for storing servers and keeping data in is not very remunerative.
1 min |
October 31, 2025
Financial Express Lucknow
A bitter pill, not a pinch of salt
THE RULE OF THE GAME FOR THESE DEALS IS TO GIVE MUCH MORE THAN WHAT WE GET
3 min |
October 31, 2025
Financial Express Lucknow
Surya Kant named Chief Justice of India
JUSTICE SURYA KANT was on Thursday appointed as the 53rd Chief Justice of India and he will assume charge on November 24. The Department of Justice in the Union Law Ministry issued a notification announcing his appointment.
1 min |
October 31, 2025
Financial Express Lucknow
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 |