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Financial Express Lucknow

Goa nightclub fire: Luthras deported from Thailand, arrested

GAURAV AND SAURABH Luthra, co-owners of the Birch by Romeo Lane nightclub, were arrested on Tuesday after being deported from Thailand and placed under a two-day transit remand for production in a Goa court in connection with the December 6 fire incident that killed 25 people.

1 min  |

December 17, 2025

Financial Express Lucknow

NCLT clears Vedanta demerger

IN ITS SUBMISSIONS, the ministry referred to along-running dispute related to Vedanta’s RJ oil and gas block in Rajasthan, arguing that a substantial part of the company’s debt stemmed from government claims linked to the block.

1 min  |

December 17, 2025

Financial Express Lucknow

Saregama to invest ₹325 cr in Bhansali Productions

MUSIC LABEL AND entertainment company Saregama India on Tuesday said it will make a ₹325-crore strategic investment in filmmaker Sanjay Leela Bhansali’s Bhansali Productions (BPPL), marking a deep partner- ship that blends Bhansali’s cine- matic storytelling prowess with Saregama’s strength in music and entertainment.

1 min  |

December 17, 2025

Financial Express Lucknow

Zepto plans $500-mn IPO next week

· Fresh, secondary share sales in 10-min delivery firm's offering

1 min  |

December 17, 2025

Financial Express Lucknow

Centre notifies rare earth magnet scheme

THE MINISTRY OF Heavy Industries (MHI) on Tuesday notified the Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnet.

1 min  |

December 17, 2025

Financial Express Lucknow

Australia’s Green clinches red-hot IPL deal

CAMERON GREEN BECAME the most expensive overseas player in the Indian Premier League (IPL) history as the Kolkata Knight Riders (KKR) franchise bought the Australian all-rounder for ₹25.2 crore at the player auctions for the 2026 season, held in Abu Dhabi on Tuesday.

1 min  |

December 17, 2025

Financial Express Lucknow

Funding halves for digital lending startups

VCs cite pricing correction for investment dip

2 min  |

December 17, 2025

Financial Express Lucknow

Reforms to help boost FY27 growth to 7.5%

AXIS BANK EXPECTS India's growth to be above trend in 2026-27 (April-March) at 7.5%, on the back of structural and regulatory reforms, lower borrowing costs, accelerated capital formation and a cyclical boost from policy easing, Neelkanth Mishra, chief economist, Axis Bank and head - global research at Axis Capital said on Tuesday while releasing the outlook for 2026.

1 min  |

December 17, 2025

Financial Express Lucknow

Lukewarm response: PM Internship Scheme tweaked

DUE TO THE lukewarm response from corporates to the PM Internship Scheme (PMIS), the government amended the scheme in February to attract a larger pool of companies, Minister of State for Corporate Affairs Harsh Malhotra said in Parliament.

1 min  |

December 17, 2025

Financial Express Lucknow

Omar Abdullah is guest at Adda today

A LITTLE OVER a year ago, when Omar Abdullah took over as the Chief Minister of Jammu and Kashmir, he knew he was wearing a crown of thorns.

2 min  |

December 17, 2025

Financial Express Lucknow

Bill granting Irdai more power gets LS nod

. Proposed law also allows 100% FDI in sector

1 min  |

December 17, 2025

Financial Express Lucknow

Opening nuclear power to private capital

India's nuclear opening coincides with a global renaissance in atomic energy driven by decarbonisation imperatives

3 min  |

December 17, 2025

Financial Express Lucknow

Falling rupee, weak global cues drag indices down

AMID WEAK GLOBAL cues, the equity indices fell up to 0.64% on Tuesday, largely driven by the sharp depreciation of the rupee, which hit a fresh record low and breached the 91-mark for the first time, and persistent FPI outflows.

1 min  |

December 17, 2025

Financial Express Lucknow

McKinsey plans to cut thousands of jobs

STERNFELS TOOK CENTRE stage and told his peers that the firm was finally ready to escape years of lackluster growth.

1 min  |

December 17, 2025

Financial Express Lucknow

PFRDA allows 80% NPS corpus withdrawal for pvt subscribers

IN A MAJOR reform of the national pension system (NPS), the pension regulator has allowed lump sum payout to non-government sector subscribers to 80% and reduced annuitisation to 20% of their corpus at the time of exit from the scheme.

1 min  |

December 17, 2025

Financial Express Lucknow

Industry split on interconnection reforms

TELECOM INTERCONNECTION RULES are set for a major overhaul, with industry bodies warning that the proposed changes could significantly impact operator costs, foreign exchange flows, legacy network revenues, and spam control mechanisms.

1 min  |

December 17, 2025

Financial Express Lucknow

Rice exports in Apr-Nov remain flat at $7.3 bn

INDIA'S RICE EXPORTS during April-November stood flat at $7.3 billion, marginally higher than the previous year, due to higher global stocks and robust crop yield across major producing countries.

1 min  |

December 17, 2025

Financial Express Lucknow

SRK-themed luxury office tower in Dubai a top draw

Sold out on launch day, developer Danube pockets ₹5,000 cr

2 min  |

December 17, 2025

Financial Express Lucknow

ICICI Pru AMC becomes 4th most-subscribed India IPO

·₹10,600-cr IPO, subscribed 39.17 times, gets bids worth ₹3 lakh cr

1 min  |

December 17, 2025

Financial Express Lucknow

Modi proposes to double India-Jordan trade to $5 bn

PRIME MINISTER NARENDRA Modi on Tuesday sought to double India-Jordan bilateral trade to $5 billion over the next five years, as he invited Jordanian companies to take advantage of the country's high economic growth and reap handsome returns.

2 min  |

December 17, 2025

Financial Express Lucknow

Irdai to use consultative regulation process: FM

THE PROPOSED AMENDMENTS to the country's insurance laws seek to widen coverage, strengthen oversight and make the sector more transparent and investmentfriendly, while keeping policyholder interests at the core, Finance Minister Nirmala Sitharaman said on Tuesday.

1 min  |

December 17, 2025

Financial Express Lucknow

RBI injects $5 billion via Fx swap

THE RESERVE BANK of India's (RBI) three-year dollar/rupee buy-sell swap on Tuesday received strong demand.

1 min  |

December 17, 2025

Financial Express Lucknow

Sebi panel to propose easing commodity derivatives rules

A PANEL SET up by Sebi will recommend easing curbs on commodity derivatives and suggest steps to make it more attractive to institutional investors in its final report to be submitted early next year, three sources said.

1 min  |

December 17, 2025

Financial Express Lucknow

Vedanta demerger gets NCLT nod

THE NATIONAL COMPANY Law Tribunal (NCLT) on Tuesday approved the long-pending demerger scheme of mining major Vedanta, clearing the way for the group to split into multiple sector-focused companies spanning aluminium, oil and gas, power, and iron and steel.

1 min  |

December 17, 2025

Financial Express Lucknow

'We're aiming to double our business and reach 75,000 stores by FY27'

D2C(direct-to-consumer) beauty brand RENEE Cosmetics aims to double its business over the next 12 months.

2 min  |

December 17, 2025

Financial Express Lucknow

McKinsey plans thousands of job cuts as slowdown bites

Consulting industry seeing demand slump as clients turn cost-conscious

2 min  |

December 17, 2025

Financial Express Lucknow

Private credit seen rising 35% this year, but flat without SP deal

THE VALUE OF private credit deals is expected to rise about 35% year-on-year (yo-y) to nearly $13 billion in 2025, but the growth is largely skewed by a single large transaction by the Shapoorji Pallonji (SP) Group, with underlying market expansion remaining muted once that deal is excluded.

3 min  |

December 17, 2025

Financial Express Lucknow

Gold loans take the shine out of personal loans

RETAIL BORROWERS ARE increasingly opting for gold loans over personal loans, bankers said, as surging bullion prices allow them to raise larger sums at lower interest rates.

2 min  |

December 16, 2025

Financial Express Lucknow

Noida airport set for flight into the future

Designed to operate largely on automation and self-service

2 min  |

December 16, 2025

Financial Express Lucknow

Over 84% of winter sowing complete, up 4.68% on year

SOWING OF RABI crops such as wheat, pulses, oilseeds and coarse cereals is nearing completion with over 84% of normal sown area covered, so far.

1 min  |

December 16, 2025
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