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Financial Express Pune

Bill Desk co-founder Srinivasu elected as chairman of IAMAI

BILL DESK CO-FOUNDER and director MN Srinivasu has been elected the chairman of the governing council of the Internet and Mobile Association of India (IAMAI) for a two-year term ending 2027.

1 min  |

May 13, 2025

Financial Express Pune

Tata Steel Q4 profit more than doubles, beats estimates

TATA STEEL on Monday reported a 112.7% jump in its consolidated net profit for the January-March quarter at ₹1,301 crore, aided by lower input costs and operational efficiencies.

1 min  |

May 13, 2025

Financial Express Pune

Russia Sees Vast Potential for Coal Ties With India

RUSSIA'S COAL RESERVES are enough to meet demand for more than five centuries and the country sees vast potential for cooperation with India, Russian energy ministry officials here have said.

1 min  |

May 13, 2025

Financial Express Pune

Motilal Oswal founders invest $100 mn in Zepto

Motilal Oswal and Raamdeo Agrawal have bought shares worth $100 million in quick commerce platform Zepto, according to sources.

1 min  |

May 13, 2025

Financial Express Pune

India to Impose Retaliatory Tariff on US Steel, Notifies WTO

India has notified the World Trade Organization (WTO) of its decision that it has proposed to impose retaliatory tariffs on the US to match extra duties Washington had put on steel and aluminum imports.

1 min  |

May 13, 2025

Financial Express Pune

Apple Weighs iPhone Price Hikes This Fall

APPLE IS WEIGHING price hikes for its upcoming fall iPhone lineup but is keen to avoid linking any increases to US tariffs on imports from China, where most of its devices are assembled, the Wall Street Journal reported on Monday.

1 min  |

May 13, 2025

Financial Express Pune

Govt seeks first right to buy oil & gas under exigency clause

The government will hold \"pre-emption rights\" over all crude oil and natural gas produced in the country in case of a national emergency, the oil ministry said in its latest draft regulations on petroleum and natural gas rules.

2 min  |

May 13, 2025

Financial Express Pune

Swiggy may take more quarters to hit break-even

Losses Swellas Firm Steps Up Dark Store Expansion

2 min  |

May 13, 2025

Financial Express Pune

A Welcome Thaw

Countries like India will be hoping the fine print of the US-China trade deal doesn't leave them worse off

2 min  |

May 13, 2025

Financial Express Pune

Preventive blackouts in Punjab

Precautionary Blackout Measures

1 min  |

May 13, 2025

Financial Express Pune

U.S., China Reach Deal to Temporarily Slash Tariffs

The U.S. and China said Monday they reached an agreement to temporarily reduce the punishing tariffs they have imposed on each other while they try to defuse the trade war threatening the world's two largest economies.

1 min  |

May 13, 2025

Financial Express Pune

'Hockey stick' recovery unlikely for FMCG: Berry

THE DOMESTIC FAST-MOVING consumer goods (FMCG) market will see a gradual recovery in FY26, with the year being a test of both revenue and volume growth, Varun Berry, executive vice-chairman and MD, Britannia Industries, said on Monday during a post-results analysts' call.

2 min  |

May 13, 2025

Financial Express Pune

Nissan Doubles Job Cuts to 20,000

NISSAN MOTOR WILL eliminate 11,000 more jobs than previously planned, NHK reported Monday, as part of a plan to restructure its failing business.

1 min  |

May 13, 2025

Financial Express Pune

‘From next year, we will open 10 hotels every year’

The hotel industry recorded a 27-29% jump from the pre-Covid benchmarks in revenue per available room (RevPar) last year, a key metric to gauge the financial health of the sector.

1 min  |

May 13, 2025

Financial Express Pune

Air services to resume at 32 airports

FOLLOWING THE MAY 10 ceasefire announcement, the government on Monday lifted the Notice to Airmen (NOTAM) for each of the 32 airports which were shut for civilian use.

1 min  |

May 13, 2025

Financial Express Pune

Britannia to Focus on Rural Expansion

Volume Growth May Be Impacted in Near Term

2 min  |

May 13, 2025

Financial Express Pune

Onion purchase at market rates to shore up buffer

The government will soon commence procurement of onion from farmers at market prices for creating a buffer for 2025-26 under the price stabilisation fund.

1 min  |

May 13, 2025

Financial Express Pune

Pakistan exchange sees biggest single-day gain in 26 years

THE PAKISTAN STOCK Exchange (PSX) recorded its sharpest single-day gain in 26 years on Monday, gaining an over 9% increase in trading amid an understanding between India and Pakistan to halt all military actions.

1 min  |

May 13, 2025

Financial Express Pune

Pak used missiles supplied by China: DG Air Operations

FOR THE FIRST time since it commenced Operation Sindoor and thwarted most of Pakistan's aerial attacks, India on Monday named China-supplied weapons in the Pakistani arsenal used against the Indian Armed Forces.

1 min  |

May 13, 2025

Financial Express Pune

Weather not to affect wheat output: Govt

INDIA'S WHEAT PRODUCTION remains intact at a record 115.3 million tonne (MT) this year, agriculture minister Shivraj Singh Chouhan on Monday said, asserting that the second advance estimate is unlikely to be impacted by any weather incidents.

1 min  |

May 13, 2025

Financial Express Pune

US-China tariff truce scuppers early gains

\"WE CONCLUDED THAT we have a shared interest,\" the paper quoted US treasury secretary Scott Bessent as saying in a news conference in Geneva, where US and Chinese officials met over the weekend.

1 min  |

May 13, 2025

Financial Express Pune

Uber's Courier XL Now in Delhi-NCR, Mumbai

UBER HAS OFFICIALLY launched Courier XL in Delhi-NCR and Mumbai, expanding its logistics offerings to include delivery of large goods weighing up to 750 kg using three- and four-wheeler vehicles, beyond its pilot in Bengaluru.

1 min  |

May 13, 2025

Financial Express Pune

Ant Group to Sell 4% in Paytm for ₹2,066 Crore

CHINA'S ANT GROUP will sell a 4% stake in Paytm for $242 million (around ₹2,066 crore), a term sheet seen by Reuters on Monday showed.

1 min  |

May 13, 2025

Financial Express Pune

Maruti to equip entry models with six airbags as standard

MARUTI SUZUKI ON Monday announced the standardisation of six airbags across its popular entry-level models—WagonR, Alto K10, Celerio, and Eeco—becoming the second automaker in India to offer this essential safety feature in vehicles priced below ₹6 lakh.

2 min  |

May 13, 2025

Financial Express Pune

Small bundles of highways to be offered for takeover

The lull in the use of the toll-operate-transfer (ToT) model for monetising highway assets may soon come to an end, as the government considers a shift in its approach to future bids.

1 min  |

May 13, 2025

Financial Express Pune

USAID cuts can't win philanthropy debate

MICROSOFT FOUNDER BILL Gates recently accused Tesla's \"technoking\" (as stated on its website) Elon Musk of \"killing the world's poorest children\" as the latter shuttered the United States Agency for International Development (USAID) in February.

3 min  |

May 13, 2025

Financial Express Pune

Low centre of gravity, high level of adrenaline

WHY YOU'D LOVE TO DRIVE THIS BIMMER, BUT MAY WONDER WHY THE CABIN HAS MEDIOCRE PLASTICS

2 min  |

May 12, 2025

Financial Express Pune

Where Is Melania Trump? Where she wants to be

MELANIA TRUMP began her first term in the White House with #FreeMelania trending online, as observers imagined that she was held hostage to her husband's ideology, rather than a true believer.

3 min  |

May 12, 2025

Financial Express Pune

Aramco profit dips amid uncertainty

SAUDI OIL GIANT Aramco, a longtime cash cow for the kingdom, reported a 4.6% drop in first-quarter profit on Sunday due to lower sales and higher operating costs as economic uncertainty hit crude markets.

1 min  |

May 12, 2025

Financial Express Pune

Constitution Is Supreme, Not Parliament Or Judiciary: Gavai

JUSTICE BHUSHAN RAMKRISHNA Gavai, who is set to become the Chief Justice of India on May 14, on Sunday said no to any post-retirement assignment and put to rest the debate on whether Parliament or judiciary is superior by asserting that the Constitution is supreme.

1 min  |

May 12, 2025