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Financial Express Lucknow

Tata Motors' JLR Set to Gain from US-UK Pact

The entire export volume of Jaguar Land Rover (JLR) to the US from the UK stands to benefit from the trade deal that was signed between the two nations on Thursday.

1 min  |

May 10, 2025

Financial Express Lucknow

Sonata Software hit by client delays

IT SERVICES FIRM Sonata Software has said decision-making delays by clients and paused opportunities have impacted revenue conversion in the fourth quarter despite the overall pipeline remaining healthy.

1 min  |

May 10, 2025

Financial Express Lucknow

Pidilite draws expansion plan for paints biz

MD says bolt-on acquisitions will continue

2 min  |

May 10, 2025

Financial Express Lucknow

Justice from bottom of the pyramid

JUSTICE GAVAI BRINGS A SEASONED PRACTICALITY TO THE JOB. HE ACTIVELY SEEKS PEACEFUL RESOLUTIONS OF CIVIL AND MATRIMONIAL DISPUTES

3 min  |

May 10, 2025

Financial Express Lucknow

The Great Productivity Boom Is Taking a Break

THE GREAT PRODUCTIVITY boom of the 2020s isn't over, but it's having an interlude.

3 min  |

May 10, 2025

Financial Express Lucknow

Fundraising in real estate triples in FY25

THE TOTAL VOLUME and value of capital raising transactions in real estate have more than tripled to 17 deals of ₹32,852.6 crore in FY25, up from just five deals worth ₹10,955.4 crore in the previous fiscal year, said a note from Equirus Capital.

1 min  |

May 10, 2025

Financial Express Lucknow

SIP Contributions Hit Record High of ₹26,632 Crore in April

Overall equity inflows dropped to a 12-month low

2 min  |

May 10, 2025

Financial Express Lucknow

MCA's New Accounting Standard for Foreign Currency Transactions

The Ministry of Corporate Affairs (MCA) has notified the Companies (Indian Accounting Standards) Amendment Rules, 2025, introducing key changes to Ind AS 21—a standard that mandates companies to estimate the spot exchange rate when \"exchangeability\" between two currencies is absent.

1 min  |

May 10, 2025

Financial Express Lucknow

Hiring in IT sector up 16% in April: foundit

HIRING IN THE IT sector grew 16% year-on-year in April, driven by factors such as AI adoption, cloud modernization, and the continued expansion of Global Capability Centers (GCCs), a report said on Friday.

1 min  |

May 10, 2025

Financial Express Lucknow

Swiggy losses nearly double

FOOD AND GROCERY delivery platform Swiggy on Friday reported a sharp 94.8% year-on-year increase in its net loss to ₹1,081.18 crore for the January-March quarter, significantly exceeding Bloomberg's estimate of ₹778 crore.

2 min  |

May 10, 2025

Financial Express Lucknow

'Big four' study-abroad destinations losing ground

THE RESTRICTIVE VISA policies introduced by the \"big four\" study-abroad destinations — the US, the UK, Canada and Australia — over the past 18 months have resulted in these countries ceding ground to \"non-traditional\" destinations, with more and more students from India and other countries looking deeper into Europe and Asia.

2 min  |

May 10, 2025

Financial Express Lucknow

Trump says 80% China tariff 'seems right', ahead of talks

US PRESIDENT DONALD Trump floated an 80% tariff on China ahead of negotiations due to begin Saturday as he urged Beijing to do more to open their markets to US goods.

1 min  |

May 10, 2025

Financial Express Lucknow

Monthly warehousing rent grows 2-5% in Jan-March

THE AVERAGE MONTHLY rent for warehousing spaces rose 2-5% annually in the January-March period across eight major cities on better demand, according to Knight Frank.

1 min  |

May 10, 2025

Financial Express Lucknow

Chinese exporters get goods moving, again

CHINA-BASED SHIPPING agents have resumed buying container space for goods headed for America after a series of US tariff-induced cancellations, as Beijing and Washington head for trade talks in Switzerland.

2 min  |

May 10, 2025

Financial Express Lucknow

Mittal in talks to buy $2-bn stake in Haier's India unit

BHARTI ENTERPRISES CHAIRMAN Sunil Mittal is in advanced talks to acquire a 49% stake in the Indian unit of China's Haier Smart Home, according to people familiar with the matter, as the billionaire looks to tap growing demand for goods such as home appliances in the country.

1 min  |

May 10, 2025

Financial Express Lucknow

Govt reviewing US demand for less curbs on GM crop imports

INDIA IS ANALYSING a US request to ease restrictions around the purchase of genetically modified crops as part of ongoing trade negotiations between the two countries, people aware of the matter said.

1 min  |

May 10, 2025

Financial Express Lucknow

Alphabet Shares Take $115 Billion Blow as Search Warnings Blare

Downward Dip

2 min  |

May 10, 2025

Financial Express Lucknow

Forex reserves drop $2 billion, snap 8-week streak of gains

INDIA'S FOREIGN EXCHANGE reserves declined by $2.07 billion, to $686.06 billion as of May 2, snapping an eight-week gaining streak that had lifted reserves to a near six-month high, data released by the central bank on Friday showed.

1 min  |

May 10, 2025

Financial Express Lucknow

Low-cost deposit pressure may ease by Q3

Canara Bank is fine-tuning its gold loan portfolio in line with regulatory guidance, based on ongoing discussions, said MD and CEO K. Satyanarayana Raju in a conversation with Narayanan V.

3 min  |

May 10, 2025

Financial Express Lucknow

Blasts in J&K, parts of Punjab

IN PATHANKOT, FEROZEPUR, locals claimed that they heard sound of explosions while similar reports also came in from Gurdaspur and Tarn Taran's Patti area although there was no official confirmation about what caused the sound.

1 min  |

May 10, 2025

Financial Express Lucknow

Odisha Eyes ₹1.2L-Cr Petchem Projects To Reduce Imports

Odisha is expecting a ₹1.2 lakh crore ($14.1 billion) investment over the next 10 years to build a petrochemical hub near the Bay of Bengal, according to a senior government official.

1 min  |

May 10, 2025

Financial Express Lucknow

PSBs' FY25 Profit Hits Record High of ₹1.78L Cr

PUBLIC SECTOR BANKS' cumulative profit rose to a record level of ₹1.78 lakh crore in FY25, registering a growth of 26% over the previous year.

1 min  |

May 10, 2025

Financial Express Lucknow

Lost Cities & Whispers Of The Indus

The area around Dholavira in Gujarat is so pristine that when we decided to explore the ruins of this ancient city, the aim was to leave a minimum carbon footprint, and that could only have been achieved with an electric car.

2 min  |

May 10, 2025

Financial Express Lucknow

India-Pakistan flare-ups drag benchmark indices down 1%

BENCHMARK INDICES EXTENDED their losing streak for the second consecutive session on Friday, as geopolitical tensions between India and Pakistan escalated further.

1 min  |

May 10, 2025

Financial Express Lucknow

India Offers to Cut Tariff Gap to Seal US Trade Deal

IT LOWERS AVERAGE British tariffs on US goods but keeps in place the 10% base tariff imposed by Washington on British goods, likely setting a template for Washington's approach with other trading partners.

1 min  |

May 10, 2025

Financial Express Lucknow

Non-military options

India is rightly deploying other measures also to make Pakistan pay for its cross-border transgressions

2 min  |

May 10, 2025

Financial Express Lucknow

Panasonic to lay off 10,000 employees

PANASONIC HOLDINGS IS slashing headcount by 10,000, or more than 4%, part of a push to cull non-growth operations and boost profitability.

1 min  |

May 10, 2025

Financial Express Lucknow

India, New Zealand wrap up first round of FTA talks

WORKING AGAINST a tight deadline, India and New Zealand on Friday concluded the first round of negotiations on a bilateral free trade agreement (FTA).

2 min  |

May 10, 2025

Financial Express Lucknow

Share of gold in forex reserves doubles in 10 yrs

THE SHARE OF gold in India's foreign exchange reserves more than doubled to 11.7% in 10 years, reports Saikat Neogi.

1 min  |

May 10, 2025

Financial Express Lucknow

Execs traded shares before accounting disclosure: Document

A FORENSIC REVIEW by audit and advisory firm Grant Thornton found two top executives of IndusInd Bank traded in its shares while they were aware of accounting lapses at the bank before those were made public, a document reviewed by Reuters showed.

1 min  |

May 09, 2025