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Financial Express Mumbai

India gets high prices for DAP fertiliser in latest tender

INDIA RECEIVED OFFERS for phosphate fertiliser at more than $900 a tonne ina tender on Thursday, a fresh sign of how the war in West Asia is boosting costs for major importers.

1 min  |

May 09, 2026

Financial Express Mumbai

Air India to delay hikes amid rising cost burden

AIR INDIA WILL defer annual salary increments by at least one quarter and tighten spending controls as mounting external pressures, including higher fuel costs, currency depreciation and airspace disruptions, weigh on the airline’s operations and revenue outlook, according to people aware of developments.

2 min  |

May 09, 2026
Financial Express Mumbai

Financial Express Mumbai

Trump says truce holds despite fresh hostilities

• Three destroyers attacked, no damage: US

1 min  |

May 09, 2026

Financial Express Mumbai

Vijay meets Guv after backing from CPI, CPI(M), VCK, IUML

ACTOR-POLITICIAN VIJAY MOVED sharply closer to forming the next government in Tamil Nadu on Friday after DMK allies the CPI, CPM, VCK and IUML extended support to his Tamilaga Vettri Kazhagam (TVK), pushing the fledgling party-led bloc to the edge of the majority mark in a fractured Assembly.

1 min  |

May 09, 2026

Financial Express Mumbai

Major NBFCs eyeing up to ₹15,000 cr via bond sales

FIVE AAA-RATED NON-BANKING financial companies (NBFCs) are planning to raise as much as ₹15,000 crore ($1.6 billion) through sale of bonds maturing from two years to five years, three merchant bankers said on Friday.

1 min  |

May 09, 2026

Financial Express Mumbai

Ujjivan SFB posts over 3-fold jump in Q4 profit

UJJIVAN SMALL FINANCE Bank (SFB) on Friday reported amore than threefold jumpin its net profit for the fourth quarter at ¥282 crore, driven by a strong growth in interest income on the back of record disbursements, lower provisions and higher otherincome.

1 min  |

May 09, 2026

Financial Express Mumbai

HURL listing expected in FY27 under govt’s monetisation push

THE CENTRE IS preparing a major public sector monetisation push with state-run NTPC, Indian Oil Corporation and Coal India planning to list fertiliser joint venture Hindustan Urvarak & Rasayan Ltd (HURL) in FY27 through a stake sale expected to raise %5,000-6,000 crore.

1 min  |

May 09, 2026

Financial Express Mumbai

Sony, Nintendo hit by rising chip costs

NINTENDO AND SONY both flagged the impact from surging memory prices on their games businesses, as the artificial intelligence boom constrains chip supply and deepens disruptions across the tech sector.

1 min  |

May 09, 2026

Financial Express Mumbai

Piramal Finance plans $1-billion foreign debt

PIRAMAL FINANCE IS looking to raise as much as $1 billion in foreign currency loans this year to meet strong demand for retail credit.a

1 min  |

May 09, 2026

Financial Express Mumbai

Going-out economy: No longer a one-man show

District's rapid rise and new entrants like Flipkart are turning online ticketing into the next big platform battle

2 min  |

May 09, 2026

Financial Express Mumbai

Financing India’s silver wave

Our models, frameworks, and approach to caring for the elderly and particularly how this care is funded must be reconfigured and reimagined

3 min  |

May 09, 2026

Financial Express Mumbai

Cong offered 2 ministerial posts in TVK-led govt, claims TN unit chief

TNCC PRESIDENT K Selvaperunthagai on Friday said that the Congress will be part of the new government in Tamil Nadu led by actor-politician Vijay-led TVK and claimed that it was offered two ministerial posts and one Rajya Sabha seat.

1 min  |

May 09, 2026

Financial Express Mumbai

BoB Q4 net profit rises 11% to ₹5,616 crore

BANK OF BARODA on Friday reported a net profit of $5,616 crore forthe March quarter, up 11% on year, driven by a reasonably good growth of 8.7% on-year in the net interest income to =12,494 crore.

1 min  |

May 09, 2026

Financial Express Mumbai

Rubio questions allies' support on Iran

US SECRETARY OF State Marco Rubio met Prime Minister Giorgia Meloni on Friday and afterwards questioned why allies including Italy were not backing Washington's efforts to confront Iran and reopen the Strait of Hormuz.

1 min  |

May 09, 2026

Financial Express Mumbai

RBI relaxes rules on calculation of banks' core capital

THE RESERVE BANK of India (RBI) on Friday eased norms for banks to include current year profits in their capital adequacy calculations on a quarterly basis by removing an additional qualifying condition.

1 min  |

May 09, 2026

Financial Express Mumbai

Suvendu to be Bengal's first BJP CM, to take oath today

WEST BENGAL CHIEF Minister-elect Suvendu Adhikari met Governor RN Ravi on Friday evening and staked claim to form the first BJP government in the state.

1 min  |

May 09, 2026

Financial Express Mumbai

Swiggy narrows loss riding on strength in food delivery ops

SWIGGY ON THURSDAY reported a narrower consolidated net loss for the JanuaryMarch quarter, beating Bloomberg estimate across consolidated revenue, adjusted Ebitda and net loss as its food delivery business posted the best-ever profitability margins.

1 min  |

May 09, 2026

Financial Express Mumbai

Bank of India net profit climbs 15%

BANK OF INDIA (BoI) on Friday reported an 18.67% rise in its consolidated net profit for the March quarter to ¥3,087.76 crore on the back of an uptick in core income and asset quality improvement.

1 min  |

May 09, 2026

Financial Express Mumbai

'India seeks to complement global aircraft leasing hubs'

UNION CIVIL AVIATION Minister Rammohan Naidu on Friday said India does not seek to compete with established global aircraft leasing hubs, but to complement them, and the country is committed to creating the right ecosystem.

1 min  |

May 09, 2026

Financial Express Mumbai

Hyundai Q4 profit misses Street

₹7,500-cr capex planned for FY27; bets on SUVs, EVs and exports

2 min  |

May 09, 2026

Financial Express Mumbai

Construction gears industry set to grow 7% in FY27: ICEMA

THE DOMESTIC CONSTRUCTION equipment industry is expected to return to growth in FY27 after a weak FY26, with the industry body Indian Construction Equipment Manufacturers Association (ICEMA) projecting around 7% growth next year.

1 min  |

May 09, 2026

Financial Express Mumbai

Audit cost of Indian firms may rise 30%

Govt plans to restrict auditors from offering non-audit services

2 min  |

May 09, 2026

Financial Express Mumbai

SBI net profit up 5.6% in Q4; NII below estimates

STATE BANK OF India (SBI) on Friday reported a net profit of ₹19,684 crore for the March quarter, up 5.6% on year, a shade above analysts’ estimates of ₹18,898 crore.

2 min  |

May 09, 2026

Financial Express Mumbai

Britannia lines up select price hike

Grammage rejig also likely; exports manufacturing shifted to India due to Iran war

1 min  |

May 09, 2026

Financial Express Mumbai

Indices gain for 2nd week in a row

THE BENCHMARK EQUITY indices advanced by up to 0.74% during the week, extending gains for the second consecutive week, largely driven by a decline in crude oil prices amid hopes of a US-Iran peace deal.

2 min  |

May 09, 2026

Financial Express Mumbai

PMJJBY is fostering 'insurance for all' vision: LIC CEO

THE PRADHAN MANTRI Jeevan Jyoti Bima Yojana (PMJJBY), launched by Prime Minister Narendra Modi in 2015, is playing a critical role in fostering the government’s vision of ‘Insurance for All by 2047’, LIC Chief Executive and MD R Doraiswamy said.

1 min  |

May 09, 2026

Financial Express Mumbai

US economy adds 115K jobs in April despite war

Momentum picks up after near-zero job growth in the previous year

1 min  |

May 09, 2026

Financial Express Mumbai

Cong observers for Kerala submit report to Kharge

THE TWO CONGRESS observers, appointed to seek the opinion of newly-elected MLAs in Kerala, submitted their report to Congress president Mallikarjun Kharge on Friday and urged the party high command to take a final decision on the chief ministerial candidate.

1 min  |

May 09, 2026

Financial Express Mumbai

Flag AIS errors on e-filing portal but don't miss deadline for filing ITR

ONCE UPDATED DETAILS ARE REFLECTED IN AIS, FILE REVISED RETURN

2 min  |

May 09, 2026

Financial Express Mumbai

GLP-1 market surges as semaglutide demand rises despite price cuts

A SHARP REDUCTION in the prices of its weight-loss drug helped Danish drugmaker Novo Nordisk record a 70% jump in sales volume of flagship brand Wegovy in April, according to healthcare research firm Pharmarack.

2 min  |

May 09, 2026