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Financial Express Lucknow

Dalal Street holds its own on volatile day

ELEVEN OF THE 13 major sectors posted gains and the breadth of the market was positive with 2,206 gainers versus 1,683 losers.

1 min  |

May 08, 2025

Financial Express Lucknow

Pizza Hut operator misses Q4 estimates

SAPPHIRE FOODS INDIA, a franchisee of US-based fast-food major Yum Brands, said Pizza Hut's recovery in India would take longer, after the company reported quarterly revenue slightly below estimates on Wednesday.

1 min  |

May 08, 2025

Financial Express Lucknow

A promise of mutual benefit

After more than three years of intensive negotiations, India and the UK finally wrapped up their bilateral free trade agreement (FTA), which leaders of both countries described as \"a historic milestone in the bilateral Comprehensive Strategic Partnership that would foster trade, investment, innovation, and job creation in both the economies\".

3 min  |

May 08, 2025

Financial Express Lucknow

Medical devices firms seek safeguards from indirect dumping

THE FREE TRADE AGREEMENT (FTA) between India and the UK is expected to further boost the medical devices trade to and from India with imports likely to pick up pace faster than exports.

1 min  |

May 08, 2025

Financial Express Lucknow

Military strike, diplomatic gain

For the first time, a clear distinction is being made between the Kashmir issue and terrorism. This will have far-reaching implications

4 min  |

May 08, 2025

Financial Express Lucknow

Tata Chemicals Reports ₹67-Cr Loss

TATA CHEMICALS ON Wednesday reported a consolidated net loss from continuing operations at ₹67 crore for the quarter ended March.

1 min  |

May 08, 2025

Financial Express Lucknow

Carbon tax may be spoilsport

THE TEXT OF the just-concluded FTA with the UK is silent on whether the duty reliefs—zero tariff for 99% of product lines—for India will be stymied by the carbon tax to be introduced by London from 2027.

1 min  |

May 08, 2025

Financial Express Lucknow

PE-VC investments hit $43 bn

REVIVAL AFTER TWO YEARS

2 min  |

May 08, 2025

Financial Express Lucknow

Norms for coal supply to thermal units eased...

THE CENTRAL ELECTRICITY Authority has projected peak power demand to rise to 277 giga watts (GW) in the 2025-26, up 27 GW from the previous year.

2 min  |

May 08, 2025

Financial Express Lucknow

Mock drills simulating hostile scenarios held across country

MOCK DRILLS SIMULATING multiple hostile scenarios like air raids, multiple fire emergencies, and search and rescue operations among others were carried out in several states and Union Territories (UTs) as part of the nationwide mega civil defence mock drill 'Operation Abhyaas'.

1 min  |

May 08, 2025

Financial Express Lucknow

Win-win for India, UK

FTA's preferential access to one of the most affluent markets a boost for India's high-end merchandise

2 min  |

May 08, 2025

Financial Express Lucknow

Apparel makers see $1-bn gains

TAILORED TO BENEFIT DOMESTIC INDUSTRY

2 min  |

May 08, 2025

Financial Express Lucknow

Rohit Sharma Retires From Tests

ROHIT SHARMA on Wednesday announced his retirement from Test cricket with immediate effect, ending the relentless speculation surrounding his future in the longest format and leaving India in need of a new captain for the upcoming five-match series against England.

1 min  |

May 08, 2025

Financial Express Lucknow

UK Suppliers Given Access to Public Procurement Market

THE FTA concluded with the UK opening up India's large government procurement market to British suppliers.

1 min  |

May 08, 2025

Financial Express Lucknow

Uber Shares Fall as Revenue Miss Clouds

UBER TECHNOLOGIES MISSED quarterly revenue estimates as growth in its ride-hailing unit slowed to its weakest since the pandemic, stirring fears of slowing demand against the backdrop of a murky economic outlook and clouding an upbeat forecast.

1 min  |

May 08, 2025

Financial Express Lucknow

Stellantis gears up to bring Chinese EV startup to India

STELLANTIS, THE WORLD'S fourth-biggest automaker headquartered in the Netherlands, is preparing to bring Chinese electric vehicle (EV) startup Leapmotor to the Indian market.

1 min  |

May 08, 2025

Financial Express Lucknow

Telecom majors see pickup in fixed wireless access

FIXED WIRELESS ACCESS (FWA), which leverages 5G spectrum to deliver high-speed home internet without requiring fibre connectivity, is gaining steady traction.

2 min  |

May 08, 2025

Financial Express Lucknow

Goyal to meet exporters today

Commerce and Industry minister Piyush Goyal will meet representatives of export promotion councils (EPCs) in New Delhi on Thursday to discuss matters related to the free trade agreement with the UK, an industry official said on Wednesday.

1 min  |

May 08, 2025

Financial Express Lucknow

Jio leads user addition in March

RELIANCE JIO CONTINUED to lead the monthly mobile subscriber additions for the second month in a row, registering 2.17 million new users in March, according to the data released by the Telecom Regulatory Authority of India (Trai).

1 min  |

May 08, 2025

Financial Express Lucknow

Deutsche Arm, Nippon Life in Talks for India AMC JV

DEUTSCHE BANK'S INVESTMENT arm DWS is in talks to form an asset management joint venture in India with Japanese insurer Nippon Life, sources said, as the German company seeks to expand in Asia.

1 min  |

May 08, 2025

Financial Express Lucknow

Nexus Select Trust acquires Ludhiana mall, hotel for ₹531 cr

NEXUS SELECT TRUST on Wednesday said it has completed the acquisition of a commercial complex comprising a shopping mall and a hotel in Ludhiana for an enterprise value of ₹531 crore.

1 min  |

May 08, 2025

Financial Express Lucknow

War and markets: Lessons for investors from past conflicts

THE MARKETS STABILISED after initial nervousness and apprehension about the Operation Sindoor and its impact.

2 min  |

May 08, 2025

Financial Express Lucknow

Tesla's Woes in China Deepen With 6% Fall in April EV Sales

Tesla’s China-made electric vehicle sales fell 6% in April from a year earlier, extending declines for a seventh month, as the U.S. automaker grapples with intense competition from its Chinese rivals and a tarnished image in Europe.

1 min  |

May 08, 2025

Financial Express Lucknow

Going 'glocal' for talent

IBM SETS UP NEW SOFTWARE LABS IN TIER II CITIES

2 min  |

May 08, 2025

Financial Express Lucknow

Co-working supply to hit 125 mn sq ft by 2027, says Icra

THE FLEXIBLE /CO-WORKING office supply will increase at a compound annual growth rate (CAGR) of 21-22% during FY25-FY27 and reach ~125 million square feet by March 2027 from ~80 million sq ft as of December 2024 for the top six cities—Bengaluru, Chennai, Delhi-NCR, Hyderabad, Mumbai Metropolitan Region (MMR) and Pune, a report by rating firm Icra showed.

1 min  |

May 08, 2025

Financial Express Lucknow

PNB Net Profit Surges 52% as Provisions Fall

PUNJAB NATIONAL BANK on Wednesday reported a 51.7% year-on-year jump in its net profit to ₹4,567 crore for the fourth quarter of the previous financial year, helped by a sharp fall in provisions for bad loans and an increase in other income.

1 min  |

May 08, 2025

Financial Express Lucknow

Over 300 flights cancelled; 25 airports shut

Targets were scouted, precision weaponry used

3 min  |

May 08, 2025

Financial Express Lucknow

2.8 MT rice allotted for ethanol blending

With an aim to reduce stockpile, the food ministry has allocated 2.8 million tonne (MT) from the central pool to be supplied to distilleries for ethanol production at a subsidised rate of ₹2,250 per quintal.

1 min  |

May 08, 2025

Financial Express Lucknow

DCC to help Indian IT workers in UK save big

INDIA AND THE UK's decision to avoid double contribution to social security funds by Indian professionals working temporarily in the UK is expected to have a positive impact on Indian companies operating there, especially for IT service providers.

1 min  |

May 08, 2025

Financial Express Lucknow

Disney Adds 1.4 Million Subscribers

Disney posted solid profits and revenue in the second quarter as its domestic theme parks thrived and the company added well over a million subscribers to its streaming service.

2 min  |

May 08, 2025