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Financial Express Kochi

India, New Zealand wrap up first round of FTA talks

WORKING AGAINST a tight deadline, India and New Zealand on Friday concluded the first round of negotiations on a bilateral free trade agreement (FTA).

2 min  |

May 10, 2025

Financial Express Kochi

Kia will enter CNG space by end-2025

THE CARENS CNG TO BE LAUNCHED LATER THIS YEAR

2 min  |

May 10, 2025

Financial Express Kochi

Panasonic to lay off 10,000 employees

PANASONIC HOLDINGS IS slashing headcount by 10,000, or more than 4%, part of a push to cull non-growth operations and boost profitability.

1 min  |

May 10, 2025

Financial Express Kochi

Canara Bank profit up 33% on rising fee income, recoveries

CANARA BANK ON Thursday reported a 33% year-on-year rise in its net profit to ₹5,004 crore for the fourth quarter of FY25, its highest-ever net profit in a single quarter.

2 min  |

May 09, 2025

Financial Express Kochi

Asian Paints profit falls 45%

ASIAN PAINTS, THE country's largest paints maker, posted a 45% year-on-year drop in profit in the fourth quarter, while margins remained under stress due to inflationary pressures and higher ad spends.

1 min  |

May 09, 2025

Financial Express Kochi

Titan Q4 profit up 13%; revenue beats estimates

TITAN COMPANY'S CONSOLIDATED net profit increased 13% in the fourth quarter of financial year 2024-25.

1 min  |

May 09, 2025

Financial Express Kochi

Oyo Most Profitable Startup in FY25: CEO

GLOBAL TRAVEL TECH platform OYO has become the most profitable Indian startup with a profit after tax of ₹623 crore in FY25, founder and CEO Ritesh Agarwal told employees in a townhall on Thursday, sources said.

1 min  |

May 09, 2025

Financial Express Kochi

EU to target US cars, planes

US PRESIDENT DONALD Trump and British Prime Minister Keir Starmer on Thursday announced a \"breakthrough deal\" on trade that leaves in place a 10% tariff on goods imported from the UK while Britain agreed to lower its tariffs to 1.8% from 5.1% and provide greater access to US goods.

2 min  |

May 09, 2025

Financial Express Kochi

International Flyers to Shell Out More as Mumbai Airport Raises User Development Fees

PASSENGERS FLYING IN and out of the Mumbai International Airport will have to shell out up to ₹695 as user development fees from May 16, as the airport tariff regulator AERA has allowed the airport operator to revise the fee.

1 min  |

May 09, 2025

Financial Express Kochi

Smaller IT firms outshine giants

MID- AND SMALL-CAP information technology services firms continued to outshine their larger counterparts in the fourth quarter as well as the full 2024-25 financial year, a trend analysts believe is set to continue in FY26.

1 min  |

May 09, 2025

Financial Express Kochi

Hardcore terrorists among 100 killed in strikes: Rajnath

HARDCORE TERRORISTS WERE among at least 100 killed in strikes carried out by the armed forces on terror camps inside Pakistan and Pakistan Occupied Kashmir, defence minister Rajnath Singh is learnt to have told an all-party meeting on Thursday even as he underlined that the \"intended objectives\" of Operation Sindoor had been achieved.

1 min  |

May 09, 2025

Financial Express Kochi

PM Asks Secretaries To Keep Operational Preparedness

WITH THE MILITARY escalation with Pakistan, Prime Minister Narendra Modi on Thursday asked secretaries of the government departments to maintain continued alertness and clear communication to strengthen national security and operational preparedness.

1 min  |

May 09, 2025

Financial Express Kochi

Russia violating its own ceasefire, says Ukraine

UKRAINE'S FOREIGN MINISTER said on Thursday Russia had repeatedly violated its own 3-day ceasefire hours after it began and called the initiative a \"farce,\" while Moscow said Kyiv had continued fighting.

1 min  |

May 09, 2025

Financial Express Kochi

Tesla's India Head Quits as Carmaker Gears Up for Local Entry

TESLA INDIA COUNTRY head, Prashanth Menon, has resigned just as the carmaker firms up plans to enter the country with its first retail outlets in Mumbai and Delhi, people familiar with the matter stated.

1 min  |

May 09, 2025

Financial Express Kochi

OTT Players Asked to Stop Streaming Pak-Origin Content

Amid rising tensions with Pakistan, the government on Thursday advised OTT platforms and social media intermediaries operating in India to discontinue streaming of Pakistan-origin content, including web-series, films, and podcasts with immediate effect.

1 min  |

May 09, 2025

Financial Express Kochi

New rules to keep a check on predatory pricing by e-tailers

TOUGHER NORMS

1 min  |

May 09, 2025

Financial Express Kochi

Boeing's Delivery Delays Don't Affect Us

Akasa Air has carried 17 million passengers since inception, of which close to 7 million came in the last one year. Aircraft delays, however, have slowed down the airline.

3 min  |

May 09, 2025

Financial Express Kochi

Bill Gates pledges to give away $200 billion by 2045

BILL GATES PLEDGED on Thursday to give away almost his entire personal wealth in the next two decades and said the world's poorest would receive some $200 billion via his foundation at a time when governments worldwide are slashing international aid.

1 min  |

May 09, 2025

Financial Express Kochi

State-run general insurers' merger back on the table

The Centre may increase FDI limit to 100% to facilitate entry of new players from overseas to cater to the demand for insurance and increase penetration

1 min  |

May 09, 2025

Financial Express Kochi

RIL exits trademark bid for Operation Sindoor

This category typically covers entertainment and media services, including film production, online content, education, and cultural programming.

1 min  |

May 09, 2025

Financial Express Kochi

Schools shut in many states

Amid escalating tensions between India and Pakistan, many states have announced the closure of schools, blackouts in border districts, and cancellation of leave for police personnel and administration officials.

1 min  |

May 09, 2025

Financial Express Kochi

Indices recoup half of losses

THE EQUITY BENCHMARKS fell up to 1% intra-day as investors took money off the table amid fears of a major conflict between India and Pakistan.

1 min  |

May 09, 2025

Financial Express Kochi

BP-Shell Megadeal Will Create European Rival to Exxon Mobil

If Shell were to acquire BP, it would be among the largest deals in European history, creating for the first time a European oil major that could challenge industry leaders Exxon Mobil and Chevron.

1 min  |

May 09, 2025

Financial Express Kochi

Grain Production Target Set 4% Higher at 354 MT

Agri GVA growth may be strong for second year in a row

2 min  |

May 09, 2025

Financial Express Kochi

Bezos space ambitions at risk with Musk's man at NASA

Crash Landing

1 min  |

May 09, 2025

Financial Express Kochi

How to enjoy volatility

IT CAN'T BE repeated enough but the market is like the ocean — nobody can truly comprehend it and, from time to time, it can throw up sudden squalls that send volatility shooting higher.

3 min  |

May 09, 2025

Financial Express Kochi

IPL Match Called Off Amid Blackout in Dharamsala

The IPL match between Punjab Kings and Delhi Capitals here on Thursday was cancelled midway following air raid alerts in neighbouring cities of Jammu and Pathankot, putting the entire league at risk of being called off due to India's ongoing military conflict with Pakistan.

1 min  |

May 09, 2025

Financial Express Kochi

RBI Eases Norms for FPI Investments in Corp Debt Securities

Rating agency Crisil on Thursday placed long-term debt instruments of IndusInd Bank on 'rating watch with negative implications', due to recent resignations of two top executives and concerns over its microfinance portfolio.

1 min  |

May 09, 2025

Financial Express Kochi

Crisil assigns 'watch negative' on IndusInd debt instruments

RATING AGENCY CRISIL on Thursday placed long-term debt instruments of IndusInd Bank on 'rating watch with negative implications', due to recent resignations of two top executives and concerns over its microfinance portfolio.

1 min  |

May 09, 2025

Financial Express Kochi

We will surpass credit growth target for current fiscal

Punjab National Bank is aiming at bringing down gross non-performing assets (GNPA) to below 3%, a milestone it has not achieved in years, says MD & CEO Ashok Chandra.

1 min  |

May 09, 2025