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Financial Express Pune

Stalled monsoon likely to revive by middle of June

AFTER MAKING AN early onset over Kerala, the progress of the south-west monsoon has been stalled since last week due to intrusion of dry air from arid regions into the west and north-west parts of India.

1 min  |

June 07, 2025

Financial Express Pune

Musk blinks first in Trump feud that cost him $34 billion

WHEN ELON MUSK and Donald Trump joined forces during the presidential campaign, there was always a question over how long their alliance would last and who would prevail if it didn't work out.

1 min  |

June 07, 2025

Financial Express Pune

Russian Crude Flow to Stay at Near Record

India's imports of Russian crude oil in June are on track to reach 2.0 million barrels per day, sustaining a strong upward trend supported by significant pricing advantages despite ongoing US sanctions, according to global real-time data and analytics provider Kpler.

2 min  |

June 07, 2025

Financial Express Pune

Akasa lines up 15 daily flights from Navi Mumbai airport

AKASAAIR and Adani Airport Holdings (AAHL) have signed an agreement to commence commercial flight operations from the upcoming Navi Mumbai International Airport (NMIA).

1 min  |

June 07, 2025

Financial Express Pune

India, US Focus on Tariffs, Supply Chains in Trade Talks

INDIA AND THE US are actively engaged in focused discussions to facilitate greater market access, reduce tariff and non-tariff barriers, and enhance supply chain resilience and integration, as they aim to achieve an expeditious conclusion of the initial tranche of the Bilateral Trade Agreement (BTA), a senior official said on Friday.

1 min  |

June 07, 2025

Financial Express Pune

Transmission Faster This Time: Guv

The monetary policy transmission happened much faster this time compared to previous occasions, RBI Governor Sanjay Malhotra said in the post-policy press conference, emphasizing on faster pass-through.

1 min  |

June 07, 2025

Financial Express Pune

Oyo Plans to Double Serviced Hotel Count

TRAVEL-TECH FIRM Oyo is doubling down on its fast-growing company-serviced hotel model in India, aiming to increase its share of booking revenue from this segment from the current 22% to 44% in this financial year.

1 min  |

June 07, 2025

Financial Express Pune

Easing into the hot seat

QUIET, FOCUSED, AND DEEPLY RESERVED, VENU PREFERS TO LET HIS WORK —AND THE COMPANY'S PRODUCTS—DO THE TALKING

3 min  |

June 07, 2025

Financial Express Pune

Opening key rail bridge in Kashmir, PM targets Pak

ACCUSING PAKISTAN OF attacking \"insaaniyat and Kashmiriyat\" by targeting tourists in Pahalgam last month, Prime Minister Narendra Modi said Friday that the intention of the attack was \"to engineer communal clashes across the country and deprive people of Kashmir of their livelihood\".

1 min  |

June 07, 2025

Financial Express Pune

Fraud-hit IndusInd Bank doing well now, says Malhotra

RESERVE BANK GOVERNOR Sanjay Malhotra on Friday said fraud-hit IndusInd Bank is \"doing well\" now, and added that the resignation of MD and CEO Sumant Kathpalia should be seen as a \"good enough\" step from an accountability perspective.

1 min  |

June 07, 2025

Financial Express Pune

Thrill, not the bill

30 BHP AT A LITTLE OVER ₹2 LAKH

1 min  |

June 07, 2025

Financial Express Pune

Big savings on home loans as EMIs to fall

ON A ₹1.5 CR LOAN, YOU CAN SAVE UP TO ₹55,524 A YEAR

1 min  |

June 07, 2025

Financial Express Pune

We can't tell banks to provide credit or reduce rates

RBI GOVERNOR SANJAY Malhotra and deputy governors spoke on a wide array of issues during the post-policy press conference.

2 min  |

June 07, 2025

Financial Express Pune

No credit appraisal for small gold loans

IN ADDITION, MORE clarity has been provided for gold ownership documents. If one does not have an invoice of the collateral, then a self-declaration can be given.

1 min  |

June 07, 2025

Financial Express Pune

Delhi Airport to Cancel 114 Flights for 3 Months

About 114 daily flights to and from Delhi Airport will be cancelled between June 15 and September 15 this year, as one of its four runways undergoes an upgrade, Delhi International Airport (DIAL) CEO Videh Kumar Jaipuriar said on Friday.

1 min  |

June 07, 2025

Financial Express Pune

Our lofty equity valuations are pure Bollywood

EVEN TO SEASONED investment professionals, India's lofty equity valuations are a head-scratcher.

3 min  |

June 07, 2025

Financial Express Pune

PNB Reduces Lending Rate in Line With RBI Policy

HOURS AFTER RBI's jumbo rate cut, state-owned Punjab National Bank (PNB) on Friday announced up to 50-basis-point reduction in its lending rate, a move which will help existing and new borrowers.

1 min  |

June 07, 2025

Financial Express Pune

RE Capacity in April Rises to 49% in Total Energy Mix

INDIA'S RENEWABLE ENERGY share in the total installed power capacity has increased to 49% in April from 32% in 2014, Union power minister Manohar Lal said on Friday.

1 min  |

June 07, 2025

Financial Express Pune

SBI MF, Goldman Sachs, others buy 1.8% in Bajaj Finserv for ₹5,506 crore

SBI Mutual Fund Morgan Stanley and Goldman Sachs, among others, on Friday cumulatively bought a 1.8% stake in Bajaj Finserv for ₹5,506 crore from promoter entities.

1 min  |

June 07, 2025

Financial Express Pune

ICAI to name auditors for co-operative banks soon

The Institute of Chartered Accountants of India (ICAI) is preparing to recommend a list of chartered accountant (CA) firms to the National Bank for Agriculture and Rural Development (Nabard) for appointment or reappointment as statutory auditors of state co-operative banks (StCBs) and central co-operative Banks (CCBs) for FY26.

1 min  |

June 07, 2025

Financial Express Pune

Swiss to share crypto assets info with India, 73 nations

SWITZERLAND ON FRIDAY proposed an automatic exchange of information on crypto assets with India and 73 other countries, a move likely to help track funds stashed by Indians abroad in virtual currencies.

1 min  |

June 07, 2025

Financial Express Pune

Be quick to lock into high-yield deposits

BANKS WILL START CUTTING RATES WITHIN DAYS

2 min  |

June 07, 2025

Financial Express Pune

US jobs report points to moderating labour mkt

US JOB GROWTH moderated in May and the prior months were revised lower, indicating employers are cautious about growth prospects as they weigh the Trump administration's economic policy.

1 min  |

June 07, 2025

Financial Express Pune

May PV Sales Lowest Since Dec

Entry-level segment remains the worst hit

2 min  |

June 07, 2025

Financial Express Pune

Bangladesh Polls by April Next Year

BANGLADESH'S INTERIM LEADER Muhammad Yunus on Friday said that the country will hold national elections in the first half of April 2026.

1 min  |

June 07, 2025

Financial Express Pune

Decathlon PUNE Second Life Bazaar

Decathlon India is rolling out its largest circular retail campaign to date with the launch of Second Life Bazaar, an 11-day sustainability activation starting 5 June 2025 (coinciding with World Environment Day), up to 15th June 2025.

1 min  |

June 07, 2025

Financial Express Pune

CRR cut may aid margins of banks

THE DECISION BY the Monetary Policy Committee to cut the cash reserve ratio by 100 basis points to 3% is expected to improve bank margins, as it would give more bandwidth for banks to lend, experts said.

1 min  |

June 07, 2025

Financial Express Pune

RBI Eases Qualifying Asset Criteria for MFIs to 60%

SADAF SAYEED, CEO, MUTHOOT MICROFINANCE This change gives MFI players room to diversify into products like micro LAPs & secured offerings like gold loans. It will help strengthen balance sheets

1 min  |

June 07, 2025

Financial Express Pune

Trump is not interested in talking to Musk: White House

US PRESIDENT DONALD

1 min  |

June 07, 2025

Financial Express Pune

Banking stocks drive markets

Nifty reclaims 25k mark after RBI's surprise move

1 min  |

June 07, 2025