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Financial Express Kochi

Urban consumption rises in Q3, rural sector slips

WHILE URBAN SPENDING growth picked up to a seven-quarter high of 8% in the three months to December 2025, the rate of expansion of rural consumption slipped to 5.3%, data from a CLSA report show.

1 min  |

March 05, 2026

Financial Express Kochi

Expanded metro list for HRA adds shine to old tax regime

FOR MANY SALARIED taxpayers, especially those residing in high-rent cities, the ability to claim house rent allowance (HRA) exemption often determines whether the old regime results in lower tax outgo compared to the concessional new regime.

2 min  |

March 05, 2026

Financial Express Kochi

AI founders in India more cost efficient: Bessemer

US HAS MORE RESEARCH-LED AI FIRMS, INDIA SERVICES-ORIENTED, IT SAYS

2 min  |

March 05, 2026

Financial Express Kochi

More entities aim to raise funds through GIFT City unit

MORE ENTITIES ARE exploring fundraising opportunities through Gujarat International Finance Tec-City (GIFT City) treasury centres to benefit from the tax advantage. Certain companies are also in discussions to set up treasury centres in GIFT City to capitalise on this opportunity.

1 min  |

March 05, 2026

Financial Express Kochi

IFSC cuts filing fees for retail & ETF schemes by 33%

THE INTERNATIONAL FINANCIAL Services Centre Authority (IFSCA) has reduced the rates for filing of retail and ETF schemes by 33% from the new financial year 2026-27.

1 min  |

March 05, 2026

Financial Express Kochi

Polymarket, Kalshi's Iran war wagers are ghoulish

AS BAD BEHAVIOUR in finance goes, the idea of insiders betting on the US and Israel attacking Iran is about as appalling as it gets.

3 min  |

March 05, 2026

Financial Express Kochi

AI revenues of $10-12 bn within reach of IT firms

Analysts say achieving the target hinges on net-new spending and clearer definitions

2 min  |

March 05, 2026

Financial Express Kochi

Building responsible universities in age of AI

REDESIGNING ASSESSMENTS FORAI ADOPTION

1 min  |

March 05, 2026

Financial Express Kochi

New era of UK education in India

BEYOND SOUTHAMPTON: EIGHT MORE UK UNIVERSITIES OPENING CAMPUSES

2 min  |

March 05, 2026

Financial Express Kochi

SpaceX to add Citi to IPO bank lineup

SPACEX HAS ADDED Citigroup to the banks leading its initial public offering, according to people familiar with the matter, as billionaire Elon Musk’s rocket and satellite company moves closer to a blockbuster debut.

1 min  |

March 05, 2026

Financial Express Kochi

UPI faces the hard road to the billion-user challenge

e Incentives, investment & onboarding to drive adoption

2 min  |

March 05, 2026

Financial Express Kochi

CDSCO to rope in third-party bodies to check pharma units

TO ENSURE THE drug regulation compliance within the facilities of pharma companies, the central drug regulator has decided to engage third-party certification bodies approved by the Quality Council of India (QCI).

1 min  |

March 05, 2026

Financial Express Kochi

War shadow deepens

Rupee sinks to record low of 92.15; stocks tank around 1.5%; investors lose ₹16.6 lakh crore since start of war

1 min  |

March 05, 2026

Financial Express Kochi

Tighter project finance rules squeeze real estate lenders

THE PROJECT FINANCING guidelines of the Reserve Bank of India (RBI) for real estate, which became applicable from October 1, have made life difficult for lenders, including NBFCs, banks, housing finance companies and other RBI-regulated entities.

1 min  |

March 05, 2026

Financial Express Kochi

D2C channel accelerating faster than marketplaces: McKinsey

THE DIRECT-TO-CONSUMER (D2C) channel is rapidly emerging as the preferred distribution platform for micro, small and medium enterprises (MSMEs), according to a report by McKinsey & Company.

1 min  |

March 05, 2026

Financial Express Kochi

Artificial intelligence will reshape skills more than eliminate jobs'

@ CATHY LI, HEAD, CENTRE FOR AI EXCELLENCE AND EXECUTIVE COMMITTEE MEMBER, WORLD ECONOMIC FORUM

3 min  |

March 05, 2026

Financial Express Kochi

EU floats ‘Made in EU’ rules for strategic sectors

THE EUROPEAN COMMISSION unveiled plans on Wednesday to boost the competitiveness of the EU's manufacturing sector during its drive to decarbonise and avoid reliance on cheap Chinese imports by setting local content requirements.

1 min  |

March 05, 2026

Financial Express Kochi

Centre on course to meet revised tax target for FY26

REQUIRED RATE OF GROSS TAX REVENUE GROWTH IN FEB-MAR JUST 3%

2 min  |

March 05, 2026

Financial Express Kochi

Power exchanges turn into revenue engines for states

IN A SECTOR long defined by mounting losses and tariff stress, a quiet shift is underway.

1 min  |

March 05, 2026

Financial Express Kochi

'Put guardrails to get rid of AI hallucination'

Legaltech firm Manupatra has joined hands with AI-powered legal workspace Legora to integrate its comprehensive Indian legal, regulatory and business database into Legora’s platform.

1 min  |

March 05, 2026

Financial Express Kochi

A fee must not become a tax

SECURITIES MARKETS CODE HAS ADDRESSED A DOCTRINAL DISPUTE, BUT DEEPER INSTITUTIONAL ISSUE PERSISTS

4 min  |

March 05, 2026

Financial Express Kochi

How agents deliver value

TODAY, AI IS way more than just an incredibly efficient tool of automation.

2 min  |

March 05, 2026

Financial Express Kochi

Tata Motors EVs nearing price parity with ICE cars

ELECTRIC VEHICLES (EVs) are approaching a decisive cost inflection point in India, with some models nearing price parity with internal combustion engine (ICE) cars, according to Anand Kulkarni, product line head for electric passenger vehicles at Tata Motors.

1 min  |

March 05, 2026

Financial Express Kochi

Oil edges higher on supply shock

OIL PRICES EDGED higher on Wednesday as escalating tensions in West Asia continued to disrupt supply sentiment, with Brent crude rising $1.1,or1.4%, to $82.52 a barrel by 11:43 GMT (17:13 IST), after closing Tuesday at its highest since January 2025.

4 min  |

March 05, 2026

Financial Express Kochi

Indian Army gets AI edge

COROVER’S BHARATGPT PLATFORM SHARPENS FOCUS ON INDIA’S DEFENCE SECTOR

1 min  |

March 05, 2026

Financial Express Kochi

New farm-sector scheme gives thrust to 100 laggard districts

DDKY with an annual outlay of ₹24,000 crore for six years, is currently implemented through convergence of 36 existing central and state schemes

2 min  |

March 05, 2026

Financial Express Kochi

Acer maker Acerpure aims to double India revenue

ACERPURE, THE APPLIANCES and consumer products arm of Taiwanese PC maker Acer, plans to double its revenue in India this year, as the company sharpens its diversification strategy beyond personal computers in a market where core segment growth remains muted.

1 min  |

March 05, 2026

Financial Express Kochi

Ciena bets on post-quantum solutions for rising AI infra

AS THE POSSIBILITY that encrypted data captured today could be decrypted by future quantum computers begins to enter telecom boardroom discussions, optical systems provider Ciena is stepping up efforts to align its optical infrastructure with post-quantum cryptography standards.

1 min  |

March 05, 2026

Financial Express Kochi

Rupee sinks to record low of 92.15

“THE RUPEE’S WEAKENING trajectory stems directly from its correlation with rising crude oil prices.

2 min  |

March 05, 2026

Financial Express Kochi

Govt revamps training guidelines for ITIs

THE GOVERNMENT HAS revamped the training guidelines for the Industrial Training Institutes (ITIs) with a mandatory provision to provide 150 hours of on-the-job training (OJT) to trainees enrolled in the vocational programmes.

1 min  |

March 05, 2026