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Financial Express Lucknow
China's trade surplus hits $103 billion
The world's two biggest economies are headed for a divorce that will likely play out for the rest of this year and beyond, after a month that saw a huge spurt in China's exports and its overall trade surplus hit near $103 billion.
1 min |
April 15, 2025
Financial Express Lucknow
Waqf violence in West Bengal shifts to Bhangar, Murshidabad remains calm
FRESH EPISODES OF Waqf (Amendment) Act-related violence rocked Bhangar area in West Bengal's South 24 Parganas district on Monday, even as police claimed that law and order situation in the previous riot epicentre of Murshidabad remained largely under control.
1 min |
April 15, 2025
Financial Express Lucknow
Belgium confirms Choksi's arrest, extradition request
THE BELGIAN GOVERNMENT on Monday confirmed that fugitive jeweller Mehul Choksi has been arrested in Antwerp following an extradition request by Indian investigation agencies.
1 min |
April 15, 2025
Financial Express Lucknow
OPEC Cuts Demand Forecasts for 2025, 2026 on Trade War
The Organization of the Petroleum Exporting Countries (OPEC) has cut forecasts for global oil demand growth this year and the next as US President Donald Trump's tariff onslaught takes a toll on consumption, while remaining more bullish than other forecasters.
2 min |
April 15, 2025
Financial Express Lucknow
Pharma firms hope for 'full exemption' from US levy
With the US government giving a 90-day breather on reciprocal tariffs, the domestic pharma sector is expecting complete exemption from the levy in the near future along the lines of a range of electronic products.
1 min |
April 15, 2025
Financial Express Lucknow
Industry seeks curbs on edible oil imports
WITH UNUSUALLY HIGH imports of soyabean oil via Nepal this year, the domestic edible oil industry has urged the government to restrict shipments by fixing a monthly quota to curb the flow of cheap cooking oils.
1 min |
April 15, 2025
Financial Express Lucknow
FreshMenu targets 100 cloud kitchens
FreshMenu plans to scale up to 100 cloud kitchens in the next 12 months.
2 min |
April 15, 2025
Financial Express Lucknow
Govt to buy 0.5 MT of tur to fortify depleted buffer
AFTER FIVE YEARS, the government is aiming to procure 0.5 million tonne (MT) of tur, or pigeon pea, at the minimum support price (MSP) in the 2024-25 season with the aim to boost depleted buffer and provide farmers with remunerative prices.
1 min |
April 15, 2025
Financial Express Lucknow
Cipla: USFDA approval clears path for Abraxane launch
CIPLA announced on April 11 that it has received final approval from the USFDA for its Abraxane (Paclitaxel protein-bound particles for injectable suspension [albumin bound], 100 mg/vial, single-dose vial) ANDA.
2 min |
April 15, 2025
Financial Express Lucknow
Tariff war can be a catalyst for bilateral trade pacts
The global tariff war started by the US can make India look favourably at bilateral trade agreements, which would help bring in new global products and the latest technology to the domestic market, says Piyush Arora, MD and CEO, Skoda Auto Volkswagen India (SAVIPL).
2 min |
April 15, 2025
Financial Express Lucknow
Meta's antitrust trial could force it to sell Instagram
META PLATFORMS FACES a historic antitrust trial beginning Monday that could force the tech giant to break off Instagram and WhatsApp, startups it bought more than a decade ago that have since grown into social media powerhouses.
2 min |
April 15, 2025
Financial Express Lucknow
Power production doubled in a decade: PM
Prime Minister Narendra Modi on Monday said there were blackouts under the Congress rule before 2014, but power production has doubled in the last decade and India is now exporting electricity.
1 min |
April 15, 2025
Financial Express Lucknow
Mulling exceptions for auto parts facing 25% tariffs: Trump
President Donald Trump said he is exploring possible exemptions to his tariffs on imported vehicles and parts to give auto companies more time to set up US manufacturing.
1 min |
April 15, 2025
Financial Express Lucknow
Global stocks rally as electronics get a tariff break
US SHARES JOINED a rally in Europe and Asia on Monday after the White House exempted smartphones and computers from tariffs, though gains were capped and the dollar was muted as President Donald Trump said that levies were still likely.
1 min |
April 15, 2025
Financial Express Lucknow
TCS Eyes Better Growth in FY26
Healthy Deal TCV, Recovery in Developed Markets Key Positives
2 min |
April 15, 2025
Financial Express Lucknow
BluSmart Turns to Hybrid Model to Ride Out of Crisis
IN AN EFFORT to tackle its growing financial challenges and boost revenue, electric ride-hailing startup BluSmart Mobility is transitioning to a hybrid operational model through a partnership with Uber India, while maintaining its independent brand presence.
2 min |
April 15, 2025
Financial Express Lucknow
IPL's Betting Rush Is Straining Banks
TO PURISTS AND pundits, the Indian Premier League (IPL) may be more glitz than cricket. But it's serious business for the nation's richest tycoon—and an operational nightmare for banks.
2 min |
April 15, 2025
Financial Express Lucknow
Coal exchange likely by FY27 to reduce global price reliance
The government is likely to set up a coal exchange for the purchase and sale of domestically produced coal by the next financial year, official sources told FE.
2 min |
April 15, 2025
Financial Express Lucknow
Propping up CA firms with PE
Private equity can aid accounting firms with much-needed capacity building and consolidated, provided there are guardrails involved
3 min |
April 15, 2025
Financial Express Lucknow
Banks may see compression in NIMs on rising slippages
BANKS ARE LIKELY to witness a spike in bad loans in the January-March quarter, driven by rising delinquencies in the unsecured and microfinance segments.
2 min |
April 15, 2025
Financial Express Lucknow
M&A, PE deals surge to 3-year high in Jan-Mar
DEAL ACTIVITY IN the domestic consumer and retail markets rose to a three-year high in the first quarter of calendar year 2025, as investors backed brands that merged tradition with innovation, Grant Thornton Bharat's latest quarterly deal tracker report showed.
2 min |
April 15, 2025
Financial Express Lucknow
Niti report pitches for incentive scheme for hand & power tools
The government should extend targeted support to domestic industries to capture a 10% global market share in power tools and a 25% share in hand tools within a decade, by leveraging geopolitical opportunities, including US tariffs on China, a new NITI Aayog report has recommended, sources told FE.
2 min |
April 15, 2025
Financial Express Lucknow
Smartphone sales: Apple takes lead in Q1 on strong demand
APPLE TOOK THE top spot for global smartphone sales in the first quarter on the back of the iPhone 16e's launch and strong demand in countries such as Japan and India, data from Counterpoint Research showed on Monday.
1 min |
April 15, 2025
Financial Express Lucknow
UPI Overload
The time has come for setting up another not-for-profit entity on the lines of NPCI to boost competition
2 min |
April 15, 2025
Financial Express Lucknow
Unsold stock in affordable homes space falls 19%
UNSOLD HOUSING STOCK stood at nearly 560,000 units at the end of the March quarter, down 4% annually, on strong sales, according to Anarock.
1 min |
April 15, 2025
Financial Express Lucknow
Hospitality transactions witness shift towards tier II, III cities in 2024: JLL
INDIA'S HOSPITALITY SECTOR, which grew on par with the previous year, witnessed a shift towards tier-II and III cities, which accounted for nearly half of all hotel transactions, a report said on Monday.
1 min |
April 15, 2025
Financial Express Lucknow
Nykaa Plans to Convert Some Regular Stores to Luxe
IN A BID to improve margins for its beauty and personal care business, homegrown beauty and fashion brand Nykaa is in the process of converting some of its regular stores into Luxe ones, according to sources.
1 min |
April 15, 2025
Financial Express Lucknow
China, Vietnam ink deals
CHINA'S PRESIDENT XI Jinping on Monday called for stronger ties with Vietnam on trade and supply chains amid disruptions caused by US tariffs, as he attended the signing in Hanoi of dozens of cooperation agreements between the two Communist-run nations.
2 min |
April 15, 2025
Financial Express Lucknow
A fifth of Mumbai data traffic now on 5G: Vodafone Idea
VODAFONE IDEA, WHICH launched its 5G services in Mumbai last month, on Monday said that 70% of its eligible users in the city are currently experiencing its 5G service, and up to 20% of Vi's current data traffic was already being carried on its 5G network.
1 min |
April 15, 2025
Financial Express Lucknow
Enhancing labour productivity
\"Productivity is not everything but in the long run, it is almost everything\" —Paul Krugman, economist & author, Age of Diminished Expectations
4 min |