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Financial Express Lucknow

Services Push FY25 Exports Near $825 Billion

THE FINAL NUMBERS for services exports for the month of March have taken overall exports closer to $825 billion, up from $820 billion estimated earlier, according to the commerce ministry data.

1 min  |

May 02, 2025

Financial Express Lucknow

Gold at 2-week low on easing trade tensions

Losing Lustre

1 min  |

May 02, 2025

Financial Express Lucknow

Bank of Japan holds rates, cuts forecasts

THE BANK OF JAPAN kept interest rates steady and sharply cut its growth forecasts on Thursday, suggesting uncertainty surrounding US tariffs and the hit to exports could keep policy in a holding pattern for some time.

1 min  |

May 02, 2025

Financial Express Lucknow

Prices of jet fuel, LPG cut

THE OIL MARKETING companies (OMCs) on Thursday slashed jet fuel prices by 4.4%, marking the second significant cut within a month.

1 min  |

May 02, 2025

Financial Express Lucknow

TN Bill Won't Affect Regulated Lenders, Says Muthoot CEO

The Tamil Nadu government's Bill seeking to protect borrowers from the coercive recovery process will not affect regulated entities such as banks, NBFCs and microfinance institutions (MFIs), Muthoot Microfinance chief executive Sadaf Sayeed has said.

1 min  |

May 02, 2025

Financial Express Lucknow

Superhit show for GST...

GENERALLY, THANKS TO a surge in refunds, the net GST revenue rose 9.1% to over ₹2.09 lakh crore in April 2025 compared with the year-ago month.

1 min  |

May 02, 2025

Financial Express Lucknow

Real estate sales in Hyderabad dips...

FOR INSTANCE, POULOMI Estates launched its 55-storey Poulomi Palazzo in Kokapet, Hyderabad, which is touted to be the tallest residential building in south India.

1 min  |

May 02, 2025

Financial Express Lucknow

Govt expects 'big jump' in PM internship offers, intake

Selection process for the second round to be over by May 10

2 min  |

May 02, 2025

Financial Express Lucknow

US, Ukraine sign deal on natural resources

THE US AND UKRAINE reached a deal over access to the country's natural resources, offering a measure of assurance to officials in Kyiv who had feared that President Donald Trump would pull back his support in peace talks with Russia.

1 min  |

May 02, 2025

Financial Express Lucknow

UCO Bank eyes 12-14% credit growth this fiscal

AIMING AT A disciplined and sustainable growth path, UCO Bank has set a credit growth target of 12-14% for FY26, with a continued focus on the retail, agriculture, and MSME (RAM) segments that comprise 62% of its loan book.

1 min  |

May 02, 2025

Financial Express Lucknow

HSBC Chairman Mark Tucker Announces Retirement

HSBC said on Thursday chairman Mark Tucker will retire by the end of this year, after nearly eight years in the role.

1 min  |

May 02, 2025

Financial Express Lucknow

AI is advertising's most profound revolution: Read

IF SEARCH AND social media have democratised marketing in the world, artificial intelligence (AI) is advertising's most profound revolution yet, WPP CEO Mark Read said at the Waves Summit 2025 on Thursday in Mumbai.

1 min  |

May 02, 2025

Financial Express Lucknow

Petroleum products exports down 22% on month in April

INDIA'S EXPORT OF petroleum products in April declined by 22% to 1.12 million barrels per day (bpd) from 1.44 million bpd in March, according to data from global real-time data and analytics provider Kpler.

2 min  |

May 02, 2025

Financial Express Lucknow

Export Promotion Plan to Have 12 Sub-Schemes

MSMEs, new exporters to benefit

1 min  |

May 02, 2025

Financial Express Lucknow

New launches drive Apr.

REPORTING A FALL of 6% y-o-y, Mumbai-based Tata Motors despatched 45,199 units to its dealers in the same month.

1 min  |

May 02, 2025

Financial Express Lucknow

Cognizant beats revenue estimates in Q1, rises 7.5%

US-BASED IT SERVICES firm Cognizant Technology Solutions beat revenue estimates for the first quarter of 2025 on the back of large deal realisations in health sciences and financial services.

1 min  |

May 02, 2025

Financial Express Lucknow

'Meaningful' trade agreement with India in the works, says EU

INDIA AND THE European Union (EU) are working to deliver a commercially meaningful trade deal that will open up markets for goods and services to businesses from both sides, commissioner for trade and economic security of European Commission Maros Sefcovic said on Thursday.

2 min  |

May 02, 2025

Financial Express Lucknow

Goyal may travel back to UK to wrap up FTA

COMMERCE AND INDUSTRY minister Piyush Goyal may travel to London again later this week before he returns to India from the ongoing three-nation foreign tour, to iron out a few irritants in the free trade agreement (FTA) with the UK, according to sources.

1 min  |

May 01, 2025

Financial Express Lucknow

US urges India, Pak not to escalate situation

WITH PRIME MINISTER Narendra Modi promising retribution for the Pahalgam terror attack and telling the military brass that they have \"complete operational freedom to decide on the mode, targets and timing of our response\", the US has started reaching out to India and Pakistan to ask them \"not to escalate the situation\".

2 min  |

May 01, 2025

Financial Express Lucknow

Indian Oil Q4 profit jumps 52%

Increased Sales

1 min  |

May 01, 2025

Financial Express Lucknow

India tariff talks going great: Trump

TRUMP HAD IMPOSED a 26% reciprocal tariff on India, and later paused it for 90 days to discuss trade agreements.

1 min  |

May 01, 2025

Financial Express Lucknow

Aramco eyes 20% stake each in BPCL, ONGC refineries

THIS WILL BE part of Saudi Arabia's commitment to invest $100 billion in India over the next few years in various sectors.

1 min  |

May 01, 2025

Financial Express Lucknow

Ford Resumes Preparations for TN Unit, Ops Likely in H2 2025

FIRST PHASE

1 min  |

May 01, 2025

Financial Express Lucknow

Cybersecurity Norms: Entities Grouped Under Four Categories

SEBI on Wednesday grouped qualified registered entities (REs) into four categories based on size and risk level under the cybersecurity and cyber resilience framework (CSCRF).

1 min  |

May 01, 2025

Financial Express Lucknow

Rapido in advanced talks with NRAI for food delivery

RIDE-HAILING UNICORN RAPIDO is in advanced discussions with the National Restaurant Association of India (NRAI) to onboard restaurants for its foray into the food delivery space.

1 min  |

May 01, 2025

Financial Express Lucknow

Varun Beverages profit up 35%

PEPSICO BOTTLER VARUN Beverages on Wednesday reported a 35.2% rise in its net profit during the January-March 2025 quarter to ₹726.4 crore, on the back of healthy volume growth.

1 min  |

May 01, 2025

Financial Express Lucknow

PE and the growth story

Private equity (PE) in India is undergoing a transformation more profound than a cyclical investment shift.

4 min  |

May 01, 2025

Financial Express Lucknow

CCEA Approves 4% Increase in Sugarcane FRP for This Season

Sweet Deal

2 min  |

May 01, 2025

Financial Express Lucknow

Demat a/cs May Be a Must for Select Shareholders Before IPO

The Securities and Exchange Board of India (Sebi) on Wednesday proposed mandating select shareholders, including directors, key managerial personnel and current employees, to hold shares in the demat form before filing an initial public offering (IPO) document.

1 min  |

May 01, 2025

Financial Express Lucknow

Vedanta net profit rises 154% in Q4

MINING MAJOR VEDANTA on Wednesday reported a 154.4% increase in consolidated net profit to ₹3,483 crore in the quarter ended March 2025, driven by lower production cost and higher volume.

1 min  |

May 01, 2025