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Financial Express Lucknow

Russia, Ukraine agree to ceasefire, says US

Kremlin had stated that it wouldn't disclose details of the discussion

1 min  |

March 26, 2025

Financial Express Lucknow

SBI secures $1 bn in $-denominated loan

STATE BANK OF India (SBI) raised $1 billion in the largest dollar-denominated syndicated loan this year from India, giving a boost to the lagging foreign-currency debt market.

1 min  |

March 26, 2025

Financial Express Lucknow

FM: ₹29,208-cr foreign assets declared after govt nudge

A GENTLE NUDGE by the government in the form of a campaign resulted in the declaration of foreign assets worth ₹29,208 crore and foreign income of ₹1,089 crore by 30,161 taxpayers in assessment year 2024-25, finance minister Nirmala Sitharaman told the Lok Sabha on Tuesday.

1 min  |

March 26, 2025

Financial Express Lucknow

Schneider to Invest $700 Million in US to Power AI Boom

SCHNEIDER ELECTRIC SAID on Tuesday it plans to invest over $700 million in its US operations over the next two years amid tariff threats that could affect the French electrical equipment maker.

1 min  |

March 26, 2025

Financial Express Lucknow

Sugar export quota to remain

INDIA PLANS TO maintain its one-million-tonne sugar export quota for the current season, according to a person familiar with the matter, easing worries about possible supply restrictions that boosted global prices last week.

1 min  |

March 26, 2025

Financial Express Lucknow

Apple to stave off EU fine into browser options

APPLE IS SET to stave off a possible fine and an EU order over its browser options on iPhones after it made changes to comply with landmark EU rules aimed at reining in Big Tech, sources said on Tuesday.

1 min  |

March 26, 2025

Financial Express Lucknow

DoT Rejects Trai Views on Infra Sharing by Service Providers

The Department of Telecom has rejected Trai views on passive infrastructure sharing by service providers supported by public fund, according to a document released by the telecom regulator.

1 min  |

March 26, 2025

Financial Express Lucknow

Neo Asset's fund buys two NHAI road assets

NEO INFRASTRUCTURE INCOME Opportunities Fund (NIIOF), an alternative investment fund (AIF), has inked agreements to acquire two operational road assets under the NHAI's hybrid annuity model from CDS Infra Projects for ₹1,500 crore.

1 min  |

March 26, 2025

Financial Express Lucknow

Tech Titans, Foreign Leaders Urge Trump to Rethink AI

SENIOR FOREIGN OFFICIALS and major tech companies are pushing the Trump administration to rethink the country's global semiconductor strategy, as the US prepares a controversial framework for controlling artificial intelligence development around the world.

2 min  |

March 26, 2025

Financial Express Lucknow

New road target set at 10K km

May mop up ₹30,000 cr via monetisation

1 min  |

March 26, 2025

Financial Express Lucknow

India Inc should not focus on tariffs: Jamshyd Godrej

AMID FEARS OF the possible impact of US tariff measures, industry grouping CII on Tuesday asked companies to focus on competitiveness rather than worrying about the duty revisions.

2 min  |

March 26, 2025

Financial Express Lucknow

BYD Sales Surpass Tesla as Tech Focus Wins Over Chinese Drivers

BYD's sales last year surpassed the $100 billion mark, leapfrogging Elon Musk's Tesla, on revenue, as the Chinese auto giant wows consumers with a range of electric and hybrid cars packed with high-tech features.

2 min  |

March 25, 2025

Financial Express Lucknow

Defence moves

The move to reduce procurement timelines is welcome, but there is still a long way to go

2 min  |

March 25, 2025

Financial Express Lucknow

The Strawberry's Rise Should Worry Us

I'M STILL OLD enough to remember when strawberries were a rare treat.

3 min  |

March 25, 2025

Financial Express Lucknow

Payments Council Urges PM to Rethink Zero MDR Policy

THE PAYMENTS COUNCIL of India (PCI), an association of non-banking payment industry players, has submitted a formal letter to the Prime Minister, seeking urgent reconsideration of the zero merchant discount rate (MDR) policy for the Unified Payments Interface (UPI) and RuPay debit card transactions.

1 min  |

March 25, 2025

Financial Express Lucknow

Railways expects 15% jump in capex to ₹3 lakh crore in FY27

The increase will be substantial given that in FY26 the railways plans to spend ₹2.62 lakh crore

1 min  |

March 25, 2025

Financial Express Lucknow

M&M May Pick Up 44% Stake in SML Isuzu

MAHINDRA & MAHINDRA is in talks to buy Japan's Sumitomo Corp's entire 44% stake in heavy vehicle maker SML Isuzu, CNBC Awaaz reported on Monday, citing sources.

1 min  |

March 25, 2025

Financial Express Lucknow

Manappuram Fin: Bain deal sets stage for expansion

BAIN CAPITAL'S DEFINITIVE agreement for joint control of Manappuram Finance marks a positive strategic step, potentially ushering in the next phase of growth.

1 min  |

March 25, 2025

Financial Express Lucknow

Nifty recoups 2025 losses

EXPERTS ATTRIBUTED this surge to renewed foreign investor buying, short covering, and value buying in blue-chip shares at beaten-down prices.

1 min  |

March 25, 2025

Financial Express Lucknow

BofA's India head to step down after 15 years

THE EXECUTIVE LEADING Bank of America's India business, Kaku Nakhate, is leaving her role after 15 years with the firm, according to a memo seen by Bloomberg.

1 min  |

March 25, 2025

Financial Express Lucknow

Hyundai Set To Announce $20 Billion US Investment

SOUTH KOREA'S HYUNDAI Motor Group is set to announce a $20 billion investment in the US at the White House on Monday, a US official said.

1 min  |

March 25, 2025

Financial Express Lucknow

Unicorn India Ventures to Close Third Fund by Jul

EARLY-STAGE VENTURE capital firm Unicorn India Ventures is on track to close its ₹1,000-crore Fund III by July.

1 min  |

March 25, 2025

Financial Express Lucknow

Tata Autocomp to acquire Swedish auto parts maker

Tata AutoComp Systems on Monday said it will acquire International Automotive Components Group Sweden AB (IAC Sweden), manufacturer of interior systems and components.

1 min  |

March 25, 2025

Financial Express Lucknow

Business growth drops in March on weaker services demand: PMI

GROWTH IN INDIA'S business activity slowed marginally in March, reflecting a softer increase in services activity, even though factory production rose at the quickest pace since July 2024, according to a survey by HSBC Holdings.

1 min  |

March 25, 2025

Financial Express Lucknow

US Treasury to Streamline Bank Regulators: Semafor Reports

THE US TREASURY department is preparing recommendations for streamlining some banking regulators, Semafor reported on Monday, as it seeks a stronger role in the oversight of the country's biggest lenders.

1 min  |

March 25, 2025

Financial Express Lucknow

US Retailers Haggle With Suppliers After Trump Tariffs

The After Effect

2 min  |

March 25, 2025

Financial Express Lucknow

Airtel, Jio to cut back on capex

BHARTI AIRTEL and Reliance Jio are set to further scale back their capital expenditure (capex) intensity as they near the completion of their respective 5G rollouts.

2 min  |

March 25, 2025

Financial Express Lucknow

Banks Aggressively Place Bids at $10-Billion Forex Swap Auction

Injecting Liquidity

1 min  |

March 25, 2025

Financial Express Lucknow

We caught firms at pump stage, saved ₹22,000 cr

In a media conference after the board meeting, Sebi chairperson Tuhin Kanta Pandey, along with whole-time members Ananth Narayan, Ashwani Bhatia, Amarjeet Singh, and Kamlesh Chandra Varshney made several important observations about the regulatory posture across segments.

2 min  |

March 25, 2025

Financial Express Lucknow

Sebi Extends Suspension of Trading in 7 Commodity Derivatives

MARKETS REGULATOR SEBI on Monday extended the suspension of derivatives trading in seven agricultural commodities, including wheat and moong, for a year till March 2026 in a bid to rein in prices.

1 min  |

March 25, 2025

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