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Financial Express Kochi

Trump, Xi spoke as trade and tech disputes strain ties

US PRESIDENT DONALD Trump and Chinese President Xi Jinping spoke on Thursday, according to China's foreign ministry, as trade tensions roil relations between the world's two largest economies.

1 min  |

June 06, 2025

Financial Express Kochi

Moody's Team Meets Finmin Officials

Amid allegations of unfair treatment of India by global rating agencies, Moody's Ratings representatives met finance ministry officials on Thursday to get feedback on the state of the Indian economy for its upcoming rating review of the country.

1 min  |

June 06, 2025

Financial Express Kochi

Procter & Gamble to cut 7,000 jobs in 2 yrs

PROCTER & GAMBLE will cut 7,000 jobs over the next two years, as the Tide detergent maker contends with an uncertain spending environment, fueled in part by US tariffs that have roiled many consumer companies.

1 min  |

June 06, 2025

Financial Express Kochi

US Trade Deficit Plummets in April

THE US TRADE deficit narrowed sharply in April, with imports decreasing by the most on record as the front-running of goods ahead of tariffs ebbed, which could provide a lift to economic growth this quarter.

2 min  |

June 06, 2025

Financial Express Kochi

Only 8 Sectoral Indices Pass Sebi's F&O Test

NSE's HEALTHCARE, FINANCIAL services excluding banks, mid- and small-financial services, mid- and small-IT and telecom, and chemicals are also eligible.

1 min  |

June 06, 2025

Financial Express Kochi

APM gas price cut likely to aid city gas profitability

The recent reduction in prices of domestic gas is likely to improve profitability of the country's city gas distribution companies, analysts believe.

2 min  |

June 06, 2025

Financial Express Kochi

Actor Jeetendra sells ₹855-cr property

BOLLYWOOD STAR JEETENDRA and his family have sold land parcels and buildings in Andheri (Mumbai) to NTT Global Data Centers & Cloud Infrastructure India for ₹855 crore.

1 min  |

June 06, 2025

Financial Express Kochi

CEO Tops Up Collateral as Ola Shares Slump

BHAVISH AGGARWAL, founder and chief executive officer of Ola Electric Mobility, paid about ₹20 crore in cash to top up collateral for borrowings against shares, sources said, as the stock slid on poor sales.

1 min  |

June 06, 2025

Financial Express Kochi

Nagaraju Writes to Chief Secretaries, Urges Them to Protect Bank Staff

FINANCIAL SERVICES SECRETARY M Nagaraju has asked chief secretaries of all states to protect bank staff and ensure uninterrupted public access to banking.

1 min  |

June 06, 2025

Financial Express Kochi

ECB cuts rates as bets build on a summer pause

THE ECB cut interest rates as expected on Thursday and said it believed it was now well-positioned to cope with global economic uncertainty, as market bets grew on a summer pause in its year-long easing cycle.

1 min  |

June 06, 2025

Financial Express Kochi

ASK Group readies IPO plans, could be valued at $1.2 bn

Blackstone-owned ASK Group, one of India's largest asset and wealth management companies, is in discussion with investment bankers to file for an initial public offering (IPO), said multiple sources.

1 min  |

June 06, 2025

Financial Express Kochi

Agri yield may dip 25% due to climate change

INDIA'S AGRICULTURE SECTOR could face up to 25% yield losses due to climate-related disruptions, according to a new report by a farmers' body.

1 min  |

June 06, 2025

Financial Express Kochi

Wheat Procurement at 30 MT

WHEAT PROCUREMENT BY the government for the 2025-26 rabi marketing season (April-June) has been completed with a total purchase of over 29.92 million tonne (MT), the highest since the 2021-22 season.

1 min  |

June 06, 2025

Financial Express Kochi

Markets rebound after three-day fall; Sensex gains 261 pts

Bouncing Back

1 min  |

June 05, 2025

Financial Express Kochi

DGCA flags safety lapses in Turkish Airlines audit

Under The Lens

1 min  |

June 05, 2025

Financial Express Kochi

Parag Parikh valuation

THE SHARE PRICE of PPFAS is currently quoting at ₹11,800 apiece in the unlisted market, up from ₹8,200 on April 30, 2025, pushing the valuation of the firm to ₹10,620 crore ($1.23 billion).

1 min  |

June 05, 2025

Financial Express Kochi

Driving RFID beyond highways

THE NEW TECH OFFERS BETTER OUTCOMES WHEN BLENDED WITH AI AND IOT TECHNOLOGY

3 min  |

June 05, 2025

Financial Express Kochi

EV-only push raises China risk: Industry veteran

Concerns are growing over India's dependence on China for critical electric vehicle (EV) components.

1 min  |

June 05, 2025

Financial Express Kochi

Legacy VC funds' legal ambiguity to end soon

Sebi's migration framework will help resolve issues pending for long

2 min  |

June 05, 2025

Financial Express Kochi

Re falls 26 paise on dollar demand

THE RUPEE DEPRECIATED for the second consecutive session and settled for the day lower by 26 paise at 85.91 against the US dollar on Wednesday, largely driven by strong dollar demand from importers.

1 min  |

June 05, 2025

Financial Express Kochi

Structural Gains May Take Agri Sector to $1.4 Trillion by 2035

Structural Advantages

1 min  |

June 05, 2025

Financial Express Kochi

Census to be conducted in 2 phases

TOP GOVERNMENT officials said there are two important issues to take note of in this Census.

1 min  |

June 05, 2025

Financial Express Kochi

Cart before the horse

The new EV policy is bound to be a non-starter as it falls short on both need and timing

2 min  |

June 05, 2025

Financial Express Kochi

Bangladesh drops Mujibur's 'Father of the Nation' title

BANGLADESH'S INTERIM GOVERNMENT has dropped the \"Father of the Nation\" title for Bangabandhu Sheikh Mujibur Rahman as it amended a legislation, revising the definition of freedom fighter, according to media reports on Wednesday.

1 min  |

June 05, 2025

Financial Express Kochi

India seeks WTO dispute settlement revival

INDIA HAS PITCHED for revival of the long-dormant dispute settlement mechanism and addressing non-tariff barriers and trade distortions caused by some non-market economies at the World Trade Organisation's trade ministers meeting here.

1 min  |

June 05, 2025

Financial Express Kochi

Flipkart sells ABFRL stake in ₹582-cr deal

Walmart-owned Flipkart on Wednesday sold its entire 6% stake in Aditya Birla Fashion & Retail (ABFRL) in a ₹582-crore bulk deal.

2 min  |

June 05, 2025

Financial Express Kochi

Hyundai exits Ola Electric, Kia pares holding in ₹689-cr sale

HYUNDAI MOTOR SOLD its entire stake in Ola Electric, while rival South Korean carmaker Kia trimmed its holding, in a combined share sale worth ₹689 crore ($80 million), according to exchange data.

1 min  |

June 05, 2025

Financial Express Kochi

Trump says Xi is 'hard to make a deal with'

President Donald Trump has said in a late-night social media post that Chinese leader Xi Jinping was very tough to make a deal with, raising questions about whether a fragile economic truce between the world's two largest economies will hold.

1 min  |

June 05, 2025

Financial Express Kochi

Tariff Turmoils May Impact Rate Cuts: ICRA

TARIFF-LED GLOBAL UNCERTAINTIES may constrain the quantum of repo rate cuts by the Reserve Bank of India in the current fiscal, Karthik Srinivasan, senior vice president and group head, financial sector ratings, ICRA, said.

1 min  |

June 05, 2025

Financial Express Kochi

Indian Founders Need to Buckle Up in AI Race

TECH FOUNDERS NEED to shift to a hyper-competitive mindset to align with the intensity of their US counterparts as the race for AI innovation gathers steam and Indian companies compete with global peers to build standout AI-first applications, said Prayank Swaroop and Shekhar Kirani, partners at venture capital firm Accel.

1 min  |

June 05, 2025