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Financial Express Lucknow
RBI rejects SBI Cap plan to raise stake in Investec unit
THE RESERVE BANK of India has turned down a proposal by State Bank of India (SBI) to increase its stake in an institutional equities joint venture with a local unit of Investec, sources said.
1 min |
October 31, 2025
Financial Express Lucknow
Bank credit grows 11.45%, show RBI data
LOANS EXTENDED BY banks grew 11.45%year-on-year (YoY) as on October 17, continuing to outpace the growth in deposits, the Reserve Bank of India data released on Thursday showed.
1 min |
October 31, 2025
Financial Express Lucknow
Building Sustainable and Inclusive Future with Indian PSUs
PSU-led CSR projects not only empower people in backward regions but also help strengthen urban development
4 min |
October 31, 2025
Financial Express Lucknow
'GDP growth to average 6.7% during 2025-2040'
INDIA'S ECONOMY IS expected to grow by an average rate of 6.7% from 2025 to 2040, outpacing China’s 3% average real GDP expansion in the same period, Singapore-based DBS Bank said in a report on Thursday.
1 min |
October 31, 2025
Financial Express Lucknow
Trump cuts China tariffs by 10% after deal with Xi
Pause on rare earth curbs; Beijing to buy 12 mn tonne soybean
1 min |
October 31, 2025
Financial Express Lucknow
China's AI push has scale. But substance?
WHEN IT COMES to the sheer number of generative artificial intelligence users in China, the question shouldn’t be how many there are, but how they’re using it.Anew report from the China Internet Network Information Center indicates the nation had some 515 million users as of June, up by 266 million since December, according toa readout from Xinhua.Ata first glance, the figure suggests that Beijing’s push to spread the technology throughout industries to boost productivity — the so-called Al Plusinitiative — is bearing fruit.
2 min |
October 31, 2025
Financial Express Lucknow
Bandhan Bank profit slides to ₹112 crore
THE POST-TAX PROFIT of private lender Bandhan Bank decreased to₹112 crore during the second quarter of the current financial as compared to 937 crore in the year-ago period. Operating profit decreased to ₹1,310 crore, from $1,855 crore in the same quarter last year.
1 min |
October 31, 2025
Financial Express Lucknow
FPIs flash renewed India comeback signal
BLOOMBERG DATASHOW that in January this year, the open interest of short contracts hit 445,114—the highest since September 2015.
1 min |
October 31, 2025
Financial Express Lucknow
Yield jumps most in 6 weeks; rupee falls to fortnightly low
FED TURNS HAWKISH
1 min |
October 31, 2025
Financial Express Lucknow
Govt reimposes import tariff on yellow peas
TO BOOST THE market prices of pulses, the government has imposed a 30% import duty on yellow peas, a cheaper substitute ofchana, largely used in the food processing industry, from November 1.Duty-free imports of the item was allowed from December, 2023.
2 min |
October 31, 2025
Financial Express Lucknow
High gold prices hit demand
Exchange of old jewellery for new has resulted in a fall in imports
2 min |
October 31, 2025
Financial Express Lucknow
Lenskart anchor book gets 20 times response
THE ANCHOR BOOK of Lenskart Solutions has received bids worth %68,000 crore, nearly 10 times the issue size and 20 times the anchor book size, according to sources.
1 min |
October 31, 2025
Financial Express Lucknow
Tighter cost control & higher exports drive Hyundai net up
Profit rises 14% to ₹1,572 cr in Q2, revenue grows 1%
1 min |
October 31, 2025
Financial Express Lucknow
L&T targets 6x rise in data centre biz
ENGINEERING AND CONSTRUCTION giant Larsen & Toubro (L&T) plans to expand its data centre capacity sixfold to 200 MW from 32 MW as it bets big on India’s growing digital infrastructure demand.
1 min |
October 31, 2025
Financial Express Lucknow
Canara Bank profit climbs 19%
REPORT CARD
1 min |
October 31, 2025
Financial Express Lucknow
United Spirits profit up 36% as Andhra re-entry boosts sales
UNITED SPIRITS, THE country’s largest liquor maker, on Thursday reported a 36.1% year-on-year rise in consolidated net profit for the second quarter of FY26 to 464 crore, beating Street estimates by a wide margin. Bloomberg consensus estimates had forecast net profit at $373 crore.
1 min |
October 31, 2025
Financial Express Lucknow
Swiggy delivers no surprise: Revenue rises, loss widens
NET LOSS WIDENS 74% TO 71,092 CR, REVENUE UP 54% TO %5,561 CR
2 min |
October 31, 2025
Financial Express Lucknow
L&T targets sixfold rise in data centre business
HE FURTHERADDED that data centres are a capital-intensive business, and getting clients to use the data centre for storing servers and keeping data in is not very remunerative.
1 min |
October 31, 2025
Financial Express Lucknow
A bitter pill, not a pinch of salt
THE RULE OF THE GAME FOR THESE DEALS IS TO GIVE MUCH MORE THAN WHAT WE GET
3 min |
October 31, 2025
Financial Express Lucknow
Surya Kant named Chief Justice of India
JUSTICE SURYA KANT was on Thursday appointed as the 53rd Chief Justice of India and he will assume charge on November 24. The Department of Justice in the Union Law Ministry issued a notification announcing his appointment.
1 min |
October 31, 2025
Financial Express Lucknow
RDIF as engine of knowledge economy
THIS YEAR'S ECONOMICS Nobel Prize awarded to Philippe Aghion, Peter Howitt, and Joel Mokyr underscores the principle that sustained productivity gains stem not from capital deepening alone but from frontier innovation, the systematic generation and diffusion of new technologies that displace obsolete ones through creative destruction.
3 min |
October 31, 2025
Financial Express Lucknow
Bigger, bolder, brighter
OUTDOOR AD SPENDING, BUOYED BY NEW-AGE FORMATS AND INNOVATIVE DISPLAYS, SURGED NEARLY 20% THIS FESTIVE SEASON
3 min |
October 31, 2025
Financial Express Lucknow
Fed split hardens following Powell’s December warning
FEDERAL RESERVE CHAIR Jerome Powell’s blunt warning that investors need to rein in expectations for a December interest-rate cut underscored a growing tug-of-war among US policymakers who are opposed in their outlooks for jobs and inflation.
1 min |
October 31, 2025
Financial Express Lucknow
Indices close lower as Fed rules out December cut
THE BENCHMARK INDICES fell up to 0.70% on Thursday, weighed down by the US Federal Reserve’s comments ruling out a rate cut in its next policy announcement in December, amid mixed global cues.
1 min |
October 31, 2025
Financial Express Lucknow
US grants 6-month waiver to India on Chabahar port
After one-month relief, US grants India six-month Chabahar waiver. Fresh exemption to come into effect from October 29
1 min |
October 31, 2025
Financial Express Lucknow
Groww promoter stake valued at over ₹16,315 cr
BILLIONBRAINS GARAGE VENTURES, the owner of India’s largest brokerage platform Groww, is planning to raise %6,630 crore through an initial public offering (IPO).
2 min |
October 31, 2025
Financial Express Lucknow
Weddings to generate ₹6.5L cr this year
WEDDINGS IN INDIA will generate ₹6.5 lakh crore business from 4.6 million marriages in the first set of auspicious dates from November 1 to December 14 this year, as estimated by the Confederation of All India Traders (CAIT).
2 min |
October 31, 2025
Financial Express Lucknow
CAG urges states to build Odisha-like budget buffers
'STABLISATION FUND WILL COME IN HANDY IN HARD TIMES'
2 min |
October 31, 2025
Financial Express Lucknow
Cobrapost claims ₹41,900-cr fund diversion at Anil Ambani group
INVESTIGATIVE PORTAL COBRAPOST on Thursday alleged Anil Ambani’s Reliance Group had committed a massive financial fraud exceeding ₹41,921 crore through diversion of funds from group companies since 2006 — a charge the group denied as a malicious campaign aimed at crashing stock prices.
2 min |
October 31, 2025
Financial Express Lucknow
OIL Swabalamban: Empowering Youths, Shaping Futures
\"When a nation invests in the skills of its youth, it invests in the strength of its own future.\" Guided by this belief, Oil India Limited (OIL) has, for decades, invested deeply in the development of communities across its operational areas. Among its flagship Corporate Social Responsibility (CSR) initiatives, one project stands out as a shining example of sustained impact and human transformation- Project 'OIL Swabalamban'.
6 min |