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Financial Express Mumbai

Sebi panel to propose easing commodity derivatives rules

A PANEL SET up by Sebi will recommend easing curbs on commodity derivatives and suggest steps to make it more attractive to institutional investors in its final report to be submitted early next year, three sources said.

1 min  |

December 17, 2025

Financial Express Mumbai

Centre notifies rare earth magnet scheme

THE MINISTRY OF Heavy Industries (MHI) on Tuesday notified the Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnet.

1 min  |

December 17, 2025

Financial Express Mumbai

Govt to sell up to 3% stake in IOB

THE CENTRE WILL sell up to 3% stake in the state-run Indian Overseas Bank to raise about 2,000 crore through an offer for sale (OFS) at a floor price of §34/share on Wednesday-Thursday.

1 min  |

December 17, 2025

Financial Express Mumbai

Falling rupee, weak global cues drag indices down

AMID WEAK GLOBAL cues, the equity indices fell up to 0.64% on Tuesday, largely driven by the sharp depreciation of the rupee, which hit a fresh record low and breached the 91-mark for the first time, and persistent FPI outflows.

1 min  |

December 17, 2025

Financial Express Mumbai

Industry split on interconnection reforms

TELECOM INTERCONNECTION RULES are set for a major overhaul, with industry bodies warning that the proposed changes could significantly impact operator costs, foreign exchange flows, legacy network revenues, and spam control mechanisms.

1 min  |

December 17, 2025

Financial Express Mumbai

When legacy meets aspiration

FROM PRICE WARRIOR TO VALUE CURATOR, NIRMA MIRRORS A MATURED MARKET

3 min  |

December 17, 2025

Financial Express Mumbai

HC permits Hiremath siblings to amend suit

IN THE ONGOING Kalyani family dispute over the division of family assets, the Bombay High Court has allowed siblings Sameer Hiremath and Pallavi Swadi to amend their suit, enabling them to seek a restraint on the voting rights attached to shares acquired from the Kalyani family's core assets.

1 min  |

December 17, 2025

Financial Express Mumbai

RBI injects $5 billion via Fx swap

THE RESERVE BANK of India's (RBI) three-year dollar/rupee buy-sell swap on Tuesday received strong demand.

1 min  |

December 17, 2025

Financial Express Mumbai

McKinsey plans to cut thousands of jobs

STERNFELS TOOK CENTRE stage and told his peers that the firm was finally ready to escape years of lackluster growth.

1 min  |

December 17, 2025

Financial Express Mumbai

Gunman had left India 27 years ago Hyderabad link emerges in Bondi Beach shooting

@ Attacker had skipped father’s funeral in 2017

2 min  |

December 17, 2025

Financial Express Mumbai

Credit card spending moderates in Oct: CareEdge

CREDIT CARD SPENDING moderated in October, indicating a clear normalisation after the GSTand festival-led surge seen a month earlier, even as banks continued to expand card issuance and deepen credit usage among existing customers.

1 min  |

December 17, 2025

Financial Express Mumbai

Lukewarm response: PM Internship Scheme tweaked

DUE TO THE lukewarm response from corporates to the PM Internship Scheme (PMIS), the government amended the scheme in February to attract a larger pool of companies, Minister of State for Corporate Affairs Harsh Malhotra said in Parliament.

1 min  |

December 17, 2025

Financial Express Mumbai

ICICI Pru AMC becomes 4th most-subscribed India IPO

·₹10,600-cr IPO, subscribed 39.17 times, gets bids worth ₹3 lakh cr

1 min  |

December 17, 2025

Financial Express Mumbai

Trump files $10-bn lawsuit against BBC

President Donald Trump sued the BBC for up to $10 billion in damages over edited clips of a speech that made it appear he directed supporters to storm the US Capitol, opening an international front in his fight against media coverage he deems untrue or unfair.

1 min  |

December 17, 2025

Financial Express Mumbai

Modi proposes to double India-Jordan trade to $5 bn

PRIME MINISTER NARENDRA Modi on Tuesday sought to double India-Jordan bilateral trade to $5 billion over the next five years, as he invited Jordanian companies to take advantage of the country's high economic growth and reap handsome returns.

2 min  |

December 17, 2025

Financial Express Mumbai

Delhi HC asks DGCA to reply on pilots' plea against fatigue rules

THE DELHI HIGH Court on Tuesday sought a response from the Directorate General of Civil Aviation (DGCA) on a contempt petition filed by the Indian Pilots Guild (IPG), which alleged that airlines were granted extensions and relaxations in pilot fatigue management rules in violation of the Civil Aviation Requirement (CAR) 2024 framework.

1 min  |

December 17, 2025

Financial Express Mumbai

Jewellery demand to sustain in near term: Retailers

INDIA'S RETAIL JEWELLERY brands are confident of sustaining the demand, evident during the wedding season, well into next year.

1 min  |

December 17, 2025

Financial Express Mumbai

Rice exports in Apr-Nov remain flat at $7.3 bn

INDIA'S RICE EXPORTS during April-November stood flat at $7.3 billion, marginally higher than the previous year, due to higher global stocks and robust crop yield across major producing countries.

1 min  |

December 17, 2025

Financial Express Mumbai

Rupee breaches 91-mark

FOREIGN INVESTORS HAVE pulled out $1.5 billion from equities so far in December, according to data from the stock exchanges.

1 min  |

December 17, 2025

Financial Express Mumbai

Govt proposes major overhaul of GDP series

THE NEW GROSS Domestic Product (GDP) series is set for a major overhaul with the government proposing various changes, including the adoption of the Classification of Individual Consumption according to Purpose (COICOP) 2018 for the compilation of private final consumption expenditure.

1 min  |

December 17, 2025

Financial Express Mumbai

SRK-themed luxury office tower in Dubai a top draw

Sold out on launch day, developer Danube pockets ₹5,000 cr

2 min  |

December 17, 2025

Financial Express Mumbai

Reforms to help boost FY27 growth to 7.5%

AXIS BANK EXPECTS India's growth to be above trend in 2026-27 (April-March) at 7.5%, on the back of structural and regulatory reforms, lower borrowing costs, accelerated capital formation and a cyclical boost from policy easing, Neelkanth Mishra, chief economist, Axis Bank and head - global research at Axis Capital said on Tuesday while releasing the outlook for 2026.

1 min  |

December 17, 2025

Financial Express Mumbai

Zepto plans $500-mn IPO next week

· Fresh, secondary share sales in 10-min delivery firm's offering

1 min  |

December 17, 2025

Financial Express Mumbai

A dilemma over right to dying with dignity

The Supreme Court has set up a secondary medical board to examine a youth and help decide the fate of his plea for passive euthanasia. As a debate resurfaces, fulfilling conditions to earn judicial nod to a dignified death remain infeasible and demand a paradigm shift, explains CKG Nair

1 min  |

December 17, 2025

Financial Express Mumbai

Xi faces calls for stronger yuan in currency debate

IN WELL-CONNECTED circles within China, the yuan’s persistent weakness is increasingly being seen as an obstacle to the country’s growth.

2 min  |

December 17, 2025

Financial Express Mumbai

Sectoral, thematic funds underperform markets

THE SECTORAL AND thematic funds category of equity mutual fund schemes which has seen an increase of nearly 130% in its assets under management (AUM) from 2023 and contributes to nearly 15% of the total equity AUM,has underperformed the market returns both over one-and three-year periods.

2 min  |

December 17, 2025

Financial Express Mumbai

Relief for Gandhis: Court rejects ED chargesheet in National Herald case

A DELHI COURT on Tuesday declined to take cognizance of ED’s prosecution complaint filed in an alleged %2,000-crore money laundering case, effectively halting the case against senior Congress leaders Sonia and Rahul Gandhi and five others.

1 min  |

December 17, 2025

Financial Express Mumbai

A disservice to dignity of labour

BARRING TRANSPARENCY IN IMPLEMENTATION & SOCIAL AUDITS, NEW LAW UNDERMINES MGNREGA ENTITLEMENTS

4 min  |

December 17, 2025

Financial Express Mumbai

Omar Abdullah is guest at Adda today

A LITTLE OVER a year ago, when Omar Abdullah took over as the Chief Minister of Jammu and Kashmir, he knew he was wearing a crown of thorns.

2 min  |

December 17, 2025

Financial Express Mumbai

'We're aiming to double our business and reach 75,000 stores by FY27'

D2C(direct-to-consumer) beauty brand RENEE Cosmetics aims to double its business over the next 12 months.

2 min  |

December 17, 2025