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Financial Express Kochi

PNB Q4 profit rises 14% to ₹5,225 crore

PUNJAB NATIONAL BANK'S (PNB) net profit for the quarter ended March was up 13.7% on year to ₹5,225 crore, exceeding analysts’ expectations.

1 min  |

May 06, 2026

Financial Express Kochi

Rupee falls to fresh low of 95.25; bonds steady

THE RUPEE FELL 2 paise to close at an all-time low of 95.25 against the US dollar on Tuesday, as investors are retreating from riskier assets amid renewed clashes in West Asia and targeting of UAE infrastructure, which have reignited supply chain fears.

2 min  |

May 06, 2026

Financial Express Kochi

Amazon’s freight rivals won’t just roll over

AMAZON.COM'S ANNOUNCEMENT ON Monday that it would open its rather large logistics network to third parties has been a long time coming after some fits and starts.

3 min  |

May 06, 2026

Financial Express Kochi

NCLAT sets aside ₹302-cr CCI penalty on Grasim

APPELLATE TRIBUNAL NCLAT on Tuesday set aside a ₹301.6-crore penalty imposed on the Grasim Industries by CCI, directing the fair trade regulator to hear the Aditya Birla Group firm again over its alleged dominance in the viscose staple fibre (VSF) market.

1 min  |

May 06, 2026

Financial Express Kochi

Godrej, Lodha bet big on new projects despite sluggish markets

TOP LISTED DEVELOPERS such as Godrej Properties and Lodha Developers stepped up business development sharply in FY26, even as housing sales showed signs of slowing.

3 min  |

May 06, 2026

Financial Express Kochi

Govt speeds up FDI approval process

Move aims to spur critical investments from China, others

2 min  |

May 06, 2026

Financial Express Kochi

Auto sales off to a good start, tempo to sustain

RETAIL MOMENTUM FACES TEST FROM FUEL VOLATILITY, LIQUIDITY CONCERNS

2 min  |

May 06, 2026

Financial Express Kochi

Smartphone supplies to dip 10-12% this year: Report

INDIA SMARTPHONE SHIPMENTS are expected to decline 10-12% this year due to rise in memory cost driving up prices, market research firm CMR said in a report on Tuesday.

1 min  |

May 06, 2026

Financial Express Kochi

L&T net profit falls 3% in Q4, order flows flat

MUTED QUARTER

2 min  |

May 06, 2026

Financial Express Kochi

What is the controversy around Tata Sons?

THE ISSUE ARISES from Tata Sons' application to the Reserve Bank of India (RBI) in 2024 to surrender its registration as a systemically important core investment company (CIC).

1 min  |

May 06, 2026

Financial Express Kochi

Vijay's TVK moves to build coalition, Cong may get two Cabinet berths

A DAY AFTER the declaration of election results that surprised many, Tamil Nadu is preparing for something it has not seen in decades — a coalition government.

1 min  |

May 06, 2026

Financial Express Kochi

‘Aiming 12-13% credit growth in FY27'

Punjab National Bank MD & CEO Ashok Chandra says his bank is targeting a credit growth of 12-13% in FY27. Chandra tells Kshipra Petkar that momentum is building across retail, MSME and corporate segments. Excerpts:

2 min  |

May 06, 2026

Financial Express Kochi

RBI floats norms on treating specified non-financial assets

THE RESERVE BANK of India (RBI) on Tuesday issued a draft circular to provide clarity on prudential treatment of specified non-financial assets (SNFA) acquired as collaterals in the case of defaults.

1 min  |

May 06, 2026

Financial Express Kochi

Hero MotoCorp profit jumps 30%

Q4 RESULTS

1 min  |

May 06, 2026

Financial Express Kochi

India among most resilient large EMEs, says Moody's

'COUNTRY WELL-PLACED TO MANAGE FUTURE SHOCKS'

2 min  |

May 06, 2026

Financial Express Kochi

RBI explores measures to mobilise dollar inflows

SLIDE IN RUPEE

1 min  |

May 05, 2026

Financial Express Kochi

India reviews duty on Malaysian aluminium wire

INDIA HAS INITIATED a probe to review the need for extending the countervailing duties levied on aluminium wires imported from Malaysia, following a complaint by certain domestic players, according to a notification.

1 min  |

May 05, 2026

Financial Express Kochi

'Our decisions not driven by others in this market'

BookMyShow’s live events revenue surged 66% to 756 crore in FY25, nearly catching up with its €828 crore ticketing business.

1 min  |

May 05, 2026

Financial Express Kochi

Ambuja Cements profit soars 79% to ₹1,830 crore

ADANI GROUP'S CEMENT and building materials arm, Ambuja Cements, reported a 78.5% year-on-year rise in net profit attributable to owners for the fourth quarter of FY26, driven by healthy revenue growth.

1 min  |

May 05, 2026

Financial Express Kochi

No relief on the cards for OMCs: Govt

THE CENTRE HAS no proposal to provide financial support to state-run fuel retailers for the losses they incur on sales of diesel, petrol and jet fuel at below market rates, Sujata Sharma, a joint secretary in the petroleum ministry said on Monday.

1 min  |

May 05, 2026

Financial Express Kochi

India and Canada begin second round of FTA talks

TARGET IS TO COMPLETE NEGOTIATIONS BY YEAR-END

2 min  |

May 05, 2026

Financial Express Kochi

India’s LNG basket resets: Qatar, UAE exit April flows

INDIA'S LNG SOURCING underwent a sharp reset in April 2026, with Qatar and UAE— key long-term suppliers — dropping out of the import basket.

1 min  |

May 05, 2026

Financial Express Kochi

EXPORTS STAGNANT IN RECENT YEARS, REQUIRE POLICY PUSH

WHILE INDIA'S MERCHANDISE export growth has been flat or negative in most of recent years, shipments of labour-intensive items like readymade garments, gems &jewellery have registered sharper declines.

1 min  |

May 05, 2026

Financial Express Kochi

How BJP breached Trinamool's bastions

THE BJP'S DECISIVE victory in West Bengal, ending 15 years of Mamata Banerjee's rule, was emphatic in its spread across the state. If the party held on to its bastion in North Bengal, it made inroads into South Bengal, including the Presidency division which was so far the TMC's impregnable fortress.

1 min  |

May 05, 2026

Financial Express Kochi

‘Triple whammy risk looms over India’

Energy shocks, tighter financial conditions and a bad monsoon may pose a triple whammy for India, said Krishna Srinivasan, director, International Monetary Fund’s Asia and Pacific Department.

4 min  |

May 05, 2026

Financial Express Kochi

SpiceJet falls behind Akasa as fleet shrinks amid crises

Financial losses, legal setbacks and lease exits deepen operational strain

2 min  |

May 05, 2026

Financial Express Kochi

Govt aims to raise fertiliser output in May

WITH LNG SUPPLIES secured after disruption caused by the West Asia crisis in March, the government has set a domestic production target of 3.4 million tonne (MT) of fertilisers in May, Aparna Sharma, additional secretary, department of fertilisers, said on Monday.

1 min  |

May 05, 2026

Financial Express Kochi

Crude shock: Rupee closes above 95 for the first time

THE RUPEE CLOSED at a record low of 95.0875 against the dollar on Monday, weakened by a spurt in crude oil prices and elevated dollar demand.

1 min  |

May 05, 2026

Financial Express Kochi

Palm oil imports fall to one-year low in April

INDIA'S PALM OIL imports fell 27% to a one-year low in April, as sluggish demand from institutional buyers and a recent price rally that eroded its discount to rival oils prompted refiners to curb purchases, five dealers said.

1 min  |

May 05, 2026

Financial Express Kochi

GameStop’s eBay bid of $56 bn raises financing doubts

GAMESTOP CEO RYAN Cohen’s unprecedented $56-billion takeover bid for the much larger eBay drew skepticism from investors and analysts, with shares of the online retailer trading much below the offer price.

1 min  |

May 05, 2026