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Financial Express Lucknow

Tata Steel Q4 profit more than doubles, beats estimates

TATA STEEL on Monday reported a 112.7% jump in its consolidated net profit for the January-March quarter at ₹1,301 crore, aided by lower input costs and operational efficiencies.

1 min  |

May 13, 2025

Financial Express Lucknow

MSMEs in tier-II, III cities witness 20% revenue growth

MSMEs in tier-II and III cities have recorded an average 20% revenue growth, following integration with the Open Network for Digital Commerce (ONDC), according to a report.

1 min  |

May 13, 2025

Financial Express Lucknow

Preventive blackouts in Punjab

PL-15 Missiles Were Intercepted, Neutralised By Armed Forces

1 min  |

May 13, 2025

Financial Express Lucknow

US hails EU's economic security plan

THE US HAS welcomed European Union proposals to cooperate on mutual investments and economic security challenges, while continuing to provide little clarity on the possible outcomes of trade negotiations between the two sides, according to people familiar with the matter.

2 min  |

May 13, 2025

Financial Express Lucknow

Swiggy may take more quarters to hit break-even

Losses Swellas Firm Steps Up Dark Store Expansion

2 min  |

May 13, 2025

Financial Express Lucknow

Bill Desk co-founder Srinivasu elected as chairman of IAMAI

BILL DESK CO-FOUNDER and director MN Srinivasu has been elected the chairman of the governing council of the Internet and Mobile Association of India (IAMAI) for a two-year term ending 2027.

1 min  |

May 13, 2025

Financial Express Lucknow

Onion buying at market rates to boost buffer

The government will soon commence procurement of onion from farmers at market prices for creating a buffer for 2025-26 under the price stabilisation fund.

2 min  |

May 13, 2025

Financial Express Lucknow

Air services to resume at 32 airports

FOLLOWING THE MAY 10 ceasefire announcement, the government on Monday lifted the Notice to Airmen (NOTAM) for each of the 32 airports which were shut for civilian use.

1 min  |

May 13, 2025

Financial Express Lucknow

Never gave up, but well left

The Unforgettable Kohli Era: A Legacy That Will Be Remembered Forever

4 min  |

May 13, 2025

Financial Express Lucknow

Sugar exports at 0.42 MT till April

INDIA EXPORTED 0.42 million tonne of sugar till April of the ongoing 2024-25 marketing year with maximum shipments of 92,758 tonne to Somalia, trade body AISTA said on Monday.

1 min  |

May 13, 2025

Financial Express Lucknow

Apple Weighs iPhone Price Hikes This Fall

APPLE IS WEIGHING price hikes for its upcoming fall iPhone lineup but is keen to avoid linking any increases to US tariffs on imports from China, where most of its devices are assembled, the Wall Street Journal reported on Monday.

1 min  |

May 13, 2025

Financial Express Lucknow

From next year, we will open 10 hotels every year

The hotel industry recorded a -29% jump from the pre-Covid benchmarks in revenue per available room (RevPar) last year, a key metric to gauge the financial health of the sector.

1 min  |

May 13, 2025

Financial Express Lucknow

India to Impose Retaliatory Tariff on US Steel, Notifies WTO

India has notified the World Trade Organization (WTO) of its decision that it has proposed to impose retaliatory tariffs on the US to match extra duties Washington had put on steel and aluminum imports.

1 min  |

May 13, 2025

Financial Express Lucknow

Pakistan exchange sees biggest single-day gain in 26 years

THE PAKISTAN STOCK Exchange (PSX) recorded its sharpest single-day gain in 26 years on Monday, gaining an over 9% increase in trading amid an understanding between India and Pakistan to halt all military actions.

1 min  |

May 13, 2025

Financial Express Lucknow

Under pressure, Starmer pledges to cut immigration to UK

PRIME MINISTER KEIR Starmer promised on Monday to cut net migration to Britain significantly over the next four years, saying the country risked becoming \"an island of strangers\" if it could not maintain social cohesion.

2 min  |

May 13, 2025

Financial Express Lucknow

Govt keeps data exclusivity out of FTA with UK

INDIA HAS PROTECTED the interest of its generic pharma industry by keeping out data exclusivity provisions from the Free Trade Agreement (FTA) with the UK.

1 min  |

May 13, 2025

Financial Express Lucknow

'Hockey stick' recovery unlikely for FMCG: Berry

THE DOMESTIC FAST-MOVING consumer goods (FMCG) market will see a gradual recovery in FY26, with the year being a test of both revenue and volume growth, Varun Berry, executive vice-chairman and MD, Britannia Industries, said on Monday during a post-results analysts' call.

2 min  |

May 13, 2025

Financial Express Lucknow

Focus on 'AI for Teachers', Not on 'AI Instead of Teachers'

The teacher is not the one who gives answers out of books, but the one who awakens the power of questioning within

2 min  |

May 12, 2025

Financial Express Lucknow

Aramco profit dips amid uncertainty

SAUDI OIL GIANT Aramco, a longtime cash cow for the kingdom, reported a 4.6% drop in first-quarter profit on Sunday due to lower sales and higher operating costs as economic uncertainty hit crude markets.

1 min  |

May 12, 2025

Financial Express Lucknow

US, China reach deal to cut trade deficit

US TREASURY SECRETARY Scott Bessent on Sunday reported \"substantial progress\" in US talks with China's top economic officials to de-escalate a damaging trade war, but offered no details of an agreement reached as two days of negotiations wrapped up in Geneva.

1 min  |

May 12, 2025

Financial Express Lucknow

Money via messaging

HOW A SOCIAL NETWORK BUILT AROUND SMS TURNED INTO AN AI UNICORN

4 min  |

May 12, 2025

Financial Express Lucknow

Smart beta funds for alpha

THESE SHOW STRONGER RISK-ADJUSTED RETURNS & LOWER DRAWDOWNS IN VOLATILE MARKETS

2 min  |

May 12, 2025

Financial Express Lucknow

Aggressive Hybrid MFs Gain Traction

AGGRESSIVE HYBRID MUTUAL funds have been gaining traction among investors amid continued volatility in the capital markets, with the asset base of the category surging to ₹2.26 lakh crore in April 2025, a 12% rise compared to a year ago.

1 min  |

May 12, 2025

Financial Express Lucknow

Procurement of Wheat Crosses 29 MT, Highest in Four Years

THE GOVERNMENT'S WHEAT procurement by agencies — Food Corporation of India (FCI) and various state procurement bodies — for the 2025-26 rabi marketing season (April-June) has crossed 29 million tonne (MT), highest since the 2021-22 season.

1 min  |

May 12, 2025

Financial Express Lucknow

OpenAI, Microsoft in talks to reset high-stakes partnership

OPENAI AND MICROSOFT are revising the terms of their partnership that will enable the ChatGPT maker to go public at a future date while preserving the software giant's access to artificial intelligence technology, the Financial Times reported on Sunday.

1 min  |

May 12, 2025

Financial Express Lucknow

Artha eyes investments in applied AI, deeptech

ARTHA VENTURE FUND aims to make around 12-14 new thematic investments in 2025.

1 min  |

May 12, 2025

Financial Express Lucknow

Mumbai, Delhi Assigned Stiff Direct Tax Targets

MUMBAI, DELHI AND Karnataka would lead the direct tax collection charge with enhanced targets for FY26 as the Centre has pegged a collection growth of 13.2% at ₹25.2 lakh crore for the year, despite substantial income tax relief in the budget.

1 min  |

May 12, 2025

Financial Express Lucknow

Israeli strikes on Gaza kill 13, mostly women and children

OVERNIGHT and into Sunday killed 13 people in the Gaza Strip, mostly women and children, according to local health officials.

1 min  |

May 12, 2025

Financial Express Lucknow

Chips Are Not Down

Despite Adani and Zoho's decision, India is on track to be embedded in the global semiconductor ecosystem

2 min  |

May 12, 2025

Financial Express Lucknow

Benign crude to boost earnings of OMCs in Q1

STATE-OWNED OIL MARKETING companies (OMCs) are expected to post strong earnings in the first quarter of FY26, amid weak crude oil prices and improvement in refining margins, analysts say.

2 min  |

May 12, 2025