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Financial Express Mumbai

BYD bets big on plug-in hybrids

China EV maker boost India plans

1 min  |

June 10, 2026

Financial Express Mumbai

IRB Infra toll collections rise 25% to ₹ 843 cr

IRB GROUP, COMPRISING integrated private toll roads and highways infrastructure developer, IRB Infrastructure Developers, along with its two sponsored InvITs — IRB Infrastructure Trust and IRB InvIT Fund — reported a 25% year-on-year increase in toll revenue for May 2026 compared with the corresponding month last year.

1 min  |

June 10, 2026

Financial Express Mumbai

Congestion at ports jacks up export costs

THE PILING UP of containers and the shortage of trailer drivers at the large West Coast ports have resulted in increasing instances of exporters missing their contracted ships.

2 min  |

June 10, 2026

Financial Express Mumbai

Epic, Sekura emerge as highest bidders for NHAI ToT assets

TWO PLATFORMS PUT IN A BID OF ₹2,259 CRORE

1 min  |

June 10, 2026

Financial Express Mumbai

BYD, Baidu, Alibaba aiding China's military, says US

PENTAGON UPDATES LIST OF MILITARY-LINKED COMPANIES

2 min  |

June 10, 2026

Financial Express Mumbai

Life insurers' new biz premium up 5%

LIFE INSURERS REPORTED 5% year-on-year (y-o-y) growth in new business premium (NBP) in May, the slowest monthly expansion in more than eight months, as the impact of the GST rate reduction on premium collections faded after supporting double-digit growth in the preceding months.

1 min  |

June 10, 2026

Financial Express Mumbai

WEAK MONSOON HITS FOOD SUPPLIES, STOKES INFLATION

WHILE THE COUNTRY braces for a weak monsoon, data from past years show that in strong El Niño years, food inflation remained elevated and farm-sector GDP growth slowed.

1 min  |

June 10, 2026

Financial Express Mumbai

Airbus implores staff to get back on track after weak quarter

AIRBUS CHIEF EXECUTIVE Officer Guillaume Faury said the planemaker must improve its performance in the latter half of 2026 after getting off to a slow start, suggesting an uphill battle for a company wrestling with persistent supply-chain snags.

1 min  |

June 10, 2026

Financial Express Mumbai

OpenAI files for US IPO

OPENAI CONFIDENTIALLY filed for a US initial public offering recently, the ChatGPT maker said, joining rival Anthropic in a push toward a stock market listing as it looks to tap into insatiable investor demand for AI shares.

1 min  |

June 10, 2026

Financial Express Mumbai

Zepto doubles revenue before IPO

QUICK-COMMERCE FIRM Zepto more than doubled its revenue in FY26 while expanding its share of industry orders, according to its updated draft red herring prospectus (UDRHP) filed with the Securities and Exchange Board of India ahead of its proposed initial public offering.

1 min  |

June 10, 2026

Financial Express Mumbai

Fertiliser subsidy bill may double

TO REDUCE DEPENDENCE on imports, the government has ensured adequate LNG supplies to boost domestic urea production, which could partly soften the subsidy burden.

2 min  |

June 10, 2026

Financial Express Mumbai

SENSEX, RUPEE VOLATILE AMID OUTFLOWS, HIGH OIL PRICES

THE SENSEX HAS remained under pressure this month, falling from 74,649.80 on June 2 to close at 73,918.76 on Tuesday (up 395 points).

1 min  |

June 10, 2026

Financial Express Mumbai

ATF price up 10% as oil firms roll out fixed pricing

AVIATION TURBINE FUEL (ATF) prices were raised around 10% on Tuesday as state-owned fuel retailers rolled out a price stabilisation regime, offering domestic airlines a fixed fuel rate for up to three years in a move aimed at shielding carriers and passengers from sharp swings in global oil prices.

1 min  |

June 10, 2026

Financial Express Mumbai

Israel launches strikes on Lebanon, again testing truce

ISRAEL STRUCK THE historic port city of Tyre in southern Lebanon on Tuesday, killing at least eight people, in an escalation that adds strain to efforts to broker a peace deal to end the West Asia war.

1 min  |

June 10, 2026

Financial Express Mumbai

SpiceJet delays pilot salaries amid funding crunch

SPICEJET HAS DELAYED salary payments to many of its pilots since March, internal messages seen by Reuters show, as the cash-strapped carrier said it is seeking an emergency loan under a government-backed credit scheme to help stabilise operations.

1 min  |

June 10, 2026

Financial Express Mumbai

FM to review schemes with PSBs in Bengal

FINANCE MINISTER NIRMALA Sitharaman will soon review the implementation of various flagship schemes, including Jan Dhan, Mudra and PM Vishwakarma, with public sector banks and regional rural banks in West Bengal, government sources said.

1 min  |

June 10, 2026

Financial Express Mumbai

Rules to set up coal exchanges get green signal

THE GOVERNMENT ON Tuesday notified the Coal Exchange Rules, 2026, paving the way for the establishment of exchanges for the fuel in India. This marks a major shift towards market-based coal trading aimed at improving price discovery in the country’s largest energy market.

1 min  |

June 10, 2026

Financial Express Mumbai

Green is the engine, not opposite of growth

Going green is the smart thing to do in a world where businesses are getting disrupted by geopolitical or geoeconomic, technological, and planetary factors

4 min  |

June 10, 2026

Financial Express Mumbai

Adani Energy to buy IntelliSmart for ₹3,050 crore

ENTITY TO MANAGE OVER 47 MN SMART METERS

2 min  |

June 10, 2026

Financial Express Mumbai

Banks expect $40-50 bn via FCNR (B) deposits

FOREIGN CURRENCY INFLOWS TO GET A BOOST

2 min  |

June 10, 2026

Financial Express Mumbai

Kia sharpens India SUV strategy with new EV and hybrid launches

KIA INDIA IS preparing a two-pronged SUV offensive in the country with the launch of two new models in the coming months, including the long-awaited Syros EV and the Sorento Hybrid, as the automaker looks to strengthen its position in both the electric and hybrid vehicle segments.

2 min  |

June 10, 2026

Financial Express Mumbai

‘A planner would be the first person to thank AI’

The advertising media business is rapidly shifting from broad, interruptive mass-marketing toward digital-first strategies, driven by AI-powered hyper-personalisation, programmatic buying and a massive surge in mobile, in-app, and connected TV consumption.

3 min  |

June 10, 2026

Financial Express Mumbai

'Action on social media posts restricted to only deepfakes'

GOVERNMENT'S TAKE-DOWN ACTION on social media posts is restricted to only deepfake content with no clampdown on genuine content creation, Union minister for electronics and IT Ashwini Vaishnaw said on Tuesday, debunking allegations of censorship.

1 min  |

June 10, 2026

Financial Express Mumbai

Fitch lowers India growth forecast for FY27 to 6.4%

FY28 GDP GROWTH EXPECTED TO RECOVER TO 6.7%

2 min  |

June 10, 2026

Financial Express Mumbai

Maruti to invest ₹925 crore in green energy projects by FY31

MARUTI SUZUKI INDIA on Friday announced two new biogas projects and said it plans to invest ₹925 crore in green energy initiatives by FY31, as the country's largest carmaker steps up efforts to reduce dependence on conventional fuels and lower carbon emissions.

1 min  |

June 10, 2026

Financial Express Mumbai

Maharashtra Cabinet clears restructuring

AIMING TO BOOST efficiency, the Maharashtra cabinet on Tuesday approved a major administrative restructuring by increasing the number of government departments from 33 to 45.

1 min  |

June 10, 2026

Financial Express Mumbai

Centre to offload up to 3% NLC stake

THE CENTRE WILL sell up to 3% stake in state-run NLC India to raise around ₹1,300 crore via an offer for sale (OFS) on Tuesday-Wednesday.

1 min  |

June 09, 2026

Financial Express Mumbai

Centre trims Ujjwala LPG cylinder refills to 4 a year

Subsidy support limited amid weak LPG consumption

2 min  |

June 09, 2026

Financial Express Mumbai

Tata Trusts meet skips contentious flashpoints

A MEETING OF the Sir Dorabji Tata Trust on Monday steered clear of the contentious governance and regulatory issues confronting the Tata Group, focusing instead on routine business despite growing scrutiny of the Tata Trusts ecosystem.

1 min  |

June 09, 2026

Financial Express Mumbai

Bombay HC strikes down ₹22,000-cr spectrum levy

No legal basis for retrospective charge, says bench

2 min  |

June 09, 2026