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Financial Express Kochi

FM: NBFCs Should Double Loan Book

NON-BANKING FINANCIAL COMPANIES (NBFCs) should aim to more than double their loan portfolio to reach at least 50% of the credit disbursed by scheduled commercial banks, finance minister Nirmala Sitharaman said on Wednesday.

1 min  |

July 10, 2025

Financial Express Kochi

BRICS Can't Set Off New World Order

What brought together Brazil, Russia, India, China, and South Africa (BRICS), along with six new members—Egypt, Ethiopia, Iran, Saudi Arabia, the United Arab Emirates, and Indonesia—at the latest BRICS+ summit in Rio de Janeiro was their common desire to explore new ways of dealing with their development problems.

4 min  |

July 10, 2025

Financial Express Kochi

Zepto Set to Raise $500 Mn at 40% Higher Valuation

Zepto is in advanced stages to raise $450-500 million in fresh primary capital from existing investors General Catalyst and Avenir Growth, according to sources familiar with the matter.

1 min  |

July 10, 2025

Financial Express Kochi

Cisco eyeing India growth: CEO

Cautious Stand

2 min  |

July 10, 2025

Financial Express Kochi

IDBI Bank Strategic Sale to Be Completed by Oct

The strategic sale of IDBI Bank will be completed by October, the process for which has gained momentum, a senior government official said.

1 min  |

July 10, 2025

Financial Express Kochi

MNS, Sena (UBT) hit Mumbai streets over Marathi issue

The protests over Marathi blew up in Maharashtra Tuesday as political workers of the Maharashtra Navnirman Sena (MNS) and Shiv Sena (UBT), and activists of the Marathi Ekikaran Samiti, hit the streets in Thane over alleged denial of permission to hold a rally.

1 min  |

July 09, 2025

Financial Express Kochi

Govt Wants Edible Oil Units to Declare Stock

TO ENSURE REAL-TIME assessment of availability, production and imports of edible oils, the food ministry is planning to amend the relevant order issued in 2011.

1 min  |

July 09, 2025

Financial Express Kochi

Q1 power demand falls for first time since pandemic

INDIA'S POWER DEMAND in the first quarter of FY26 declined almost 1.5% year-on-year due to lower temperatures and heavy monsoon rains.

1 min  |

July 09, 2025

Financial Express Kochi

Amazon Beauty eyes small towns for big growth

BETTING BIG ON Bharat, Amazon India is intensifying its focus on smaller towns and rural markets to fuel the next phase of growth for its beauty business.

1 min  |

July 09, 2025

Financial Express Kochi

KRBL targets ₹300 cr from new blended edible oil biz in 3 yrs

KRBL, WHICH MARKETS basmati and non-basmati rice under the India Gate brand, on Tuesday announced its foray into edible oils.

1 min  |

July 09, 2025

Financial Express Kochi

RCB pips CSK in valuation...

AS A TESTAMENT to IPL's growing popularity, the Board of Control for Cricket in India's sale of four associate-sponsor slots—My11Circle, Angel One, RuPay and CEAT—generated ₹1,485 crore, a 25% increase over the previous cycle.

1 min  |

July 09, 2025

Financial Express Kochi

Key India exports to gain from fresh.

HOWEVER, SOME of these firms pared their earlier gains by the close of the trading session.

4 min  |

July 09, 2025

Financial Express Kochi

Auto parts' body seeks govt policy on critical minerals

Amid growing shortage of rare earth magnets, which are essential for electric vehicle (EV) manufacturing, the auto components industry on Tuesday urged the government to frame a national strategy on critical materials.

2 min  |

July 09, 2025

Financial Express Kochi

Regulator plans gas exchange revamp; CBG trade in offing

In a major push to modernise India's natural gas market, the Petroleum and Natural Gas Regulatory Board (PNGRB) has outlined reforms to transform the Indian Gas Exchange into a global regional gas exchange with a robust, liquid, and diversified trading platform aligned with global benchmarks.

1 min  |

July 09, 2025

Financial Express Kochi

Rishi Sunak Rejoins Goldman Sachs in Top Advisory Role

FORMER BRITISH PRIME minister Rishi Sunak will return to Goldman Sachs in an advisory role, the Wall Street bank said on Tuesday, taking a new post a year after he led the Conservatives to a crushing electoral defeat.

1 min  |

July 09, 2025

Financial Express Kochi

Creativity will continue to be led by human capital

Publicis Groupe South Asia recently named Paritosh Srivastava CEO of BBH India, in addition to his role as leader of Saatchi & Saatchi India and Saatchi Propagate.

3 min  |

July 09, 2025

Financial Express Kochi

US student visas for Indians in March-May lowest since Covid

THE US STUDENT visa season is off to a slow start for Indians, with the number of F-1 visas issued between March and May falling to the lowest level for these months since the pandemic, according to the latest available data from the US State Department.

2 min  |

July 09, 2025

Financial Express Kochi

Nitish's move: 35% women job quota only for domiciles

IN A DEPARTURE from the Bihar government's policy of not requiring domicile status for state government jobs, the Nitish Kumar Cabinet on Tuesday approved the application of the domicile rule for the existing 35% quota for women in all government jobs.

1 min  |

July 09, 2025

Financial Express Kochi

AAIB Submits Preliminary Report on AI Plane Crash

The Aircraft Accident Investigation Bureau (AAIB) submitted its preliminary report on the Air India plane crash to the ministry of civil aviation and other authorities concerned on Tuesday, according to senior government officials.

1 min  |

July 09, 2025

Financial Express Kochi

Share photos of warehouses, FSSAI directs e-comm firms

The Food Safety and Standards Authority of India (FSSAI) directed e-commerce platforms on Tuesday to ensure stringent food safety and hygiene protocols in their facilities.

1 min  |

July 09, 2025

Financial Express Kochi

Vaibhav Taneja Treasurer of Musk's New Party

VAIBHAV TANEJA, TESLA'S Chief Financial Officer (CFO) and an Indian-origin executive, has been named the treasurer of 'The America Party', a new political party launched by Elon Musk.

1 min  |

July 09, 2025

Financial Express Kochi

Demand for hydrogen to increase at 3% CAGR till 2032: Report

INDIA'S HYDROGEN DEMAND is expected to rise at a compound annual growth rate (CAGR) of 3% to 8.8 million tonne per annum (MTPA) by 2032, according to a report released by India Energy Storage Alliance (IESA) on Tuesday.

1 min  |

July 09, 2025

Financial Express Kochi

Marriott, Ventive Ink Pact for Seven New Hotels

VENTIVE HOSPITALITY, a luxury hotels and resorts chain, has partnered Marriott International by signing management contracts for seven luxury and upscale hotels, totaling 1,548 rooms across India and Sri Lanka.

1 min  |

July 09, 2025

Financial Express Kochi

CARE Ratings: Banks Cannot Protect NIM Beyond a Point

The banking system is fine with the foregoing credit growth and is ensuring that net interest margins are protected, Sanjay Kumar Agarwal, senior director at CARE Ratings, said.

1 min  |

July 09, 2025

Financial Express Kochi

PM SVANidhi Scheme 2.0 for street vendors soon

THE CENTRE WILL launch the PM SVANidhi Scheme 2.0 soon, to provide working capital loans of up to ₹50,000 with an interest subsidy of 7% per annum and UPI-linked credit cards with a limit of ₹30,000 to street vendors, official sources told FE.

2 min  |

July 09, 2025

Financial Express Kochi

Half of Class 6 students don't know tables till 10: Govt survey

ONLY 55% OF Class 3 students can arrange numbers up to 99 in ascending or descending order while only 53% of them in Class 6 know tables up to 10, a ministry of education (MoE) survey has found.

1 min  |

July 09, 2025

Financial Express Kochi

ITmin, X spar over blocking of Reuters, other handles

The government on Tuesday said it has not made any fresh requests to block access to certain X accounts in the country and that it had proactively got blockage of a prominent international wire agency lifted.

1 min  |

July 09, 2025

Financial Express Kochi

Jane Street to contest ban

BATTLE-READY

2 min  |

July 09, 2025

Financial Express Kochi

Zepto Narrows Discounts, Adds Fulfillment Charges

QUICK COMMERCE COMPANY Zepto has implemented changes to its Super Saver service, restricting the use of standard 'Zepto Now' coupons and introducing a fulfillment fee on all Super Saver orders.

1 min  |

July 09, 2025

Financial Express Kochi

BRICS condemns Europe's carbon-based import duties

In the strongest statement on the subject yet, the BRICS nations have \"condemned and rejected\" Europe's Carbon Border Adjustment Mechanisms (CBAMs), and other similar restrictive trade measures taken under the pretext of climate concerns, saying these undermined their development and transition to a cleaner economy.

2 min  |

July 09, 2025