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Financial Express Ahmedabad

Crude shock cuts FMCG margins amid Iran war

PRICE PRESSURE

2 min  |

May 12, 2026

Financial Express Ahmedabad

Sebi's tighter rule a dampener

IT PUBLISHED CONSULTATION PAPER POINTING IN ONE DIRECTION & INTERPRETIVE LETTER POINTING IN THE OTHER

4 min  |

May 12, 2026

Financial Express Ahmedabad

IT employee union NITES seeks WFH to conserve fuel

INDIA'S IT EMPLOYEE welfare body, the Nascent Information Technology Employees Senate (NITES), on Monday urged the Ministry of Labour and Employment to issue an advisory mandating work from home (WFH) for IT and IT-enabled services companies.

1 min  |

May 12, 2026

Financial Express Ahmedabad

Heat stokes inflation more than rain deficit

AS THE WEATHER department predicted a below-normal monsoon due to emerging El Nino phenomenon, a new study underlined that average temperature impacts food production and inflation more than rain deficit. Also, correlation between average temperature and food inflation has been rising consistently over time.

1 min  |

May 12, 2026

Financial Express Ahmedabad

‘Investors can double SIPs for rich returns in next few yrs’

Despite a highly volatile market in the past year, Shailesh Raj Bhan, President and CIO (equities), Nippon India Mutual Fund says selling by foreign institutional investors has helped domestic players to buy stocks at reasonable prices.

2 min  |

May 12, 2026

Financial Express Ahmedabad

Diversify supply, production chains, Das urges industry

WARNING AGAINST OVERDE-PENDENCE on single-source supply chains, Principal Secretary-2 to the Prime Minister, Shaktikanta Das, on Monday urged Indian industry to shift business strategies towards resilience, diversification and long-term sustainability amid rising geopolitical tensions and global economic uncertainties.

1 min  |

May 12, 2026

Financial Express Ahmedabad

State-level growth key to prosperity: RBI DG

SUSTAINING OR EXCEEDING recent growth trajectories to reach an even higher level of prosperity by 2047 will require extending our growth frameworks at the sub-national levels, said Reserve Bank of India Deputy Governor Poonam Gupta.

1 min  |

May 12, 2026

Financial Express Ahmedabad

Hike FTA utilisation: Commerce secy

INDIAN INDUSTRY NEEDS to leverage and utilise the Free Trade Agreements (FTA) that are operational or are in offing as they provide huge opportunities for trade and investments, Commerce Secretary Rajesh Agrawal said on Monday.

1 min  |

May 12, 2026

Financial Express Ahmedabad

Rupee logs worst day in a month to new low of 95.31

THE RUPEE HIT a record closing low of 95.31 against the US dollar on Monday, driven by surging crude oil prices after US President Donald Trump dismissed Iran's response to a peace proposal.

1 min  |

May 12, 2026

Financial Express Ahmedabad

Toyota Kirloskar to set up new plant in Maha

TOYOTA KIRLOSKAR MOTOR (TKM) on Monday announced plans to establish a new manufacturing facility in the Bidkin Industrial Area of Maharashtra’s Chhatrapati Sambhaji Nagar district, with production expected to commence in the first half of 2029.

1 min  |

May 12, 2026

Financial Express Ahmedabad

‘Plan to hike tech spends to 15% of profit’

@ DEBADATTA CHAND, MD & CEO, BANK OF BARODA

2 min  |

May 12, 2026

Financial Express Ahmedabad

Two-wheeler registrations up 12.9% in Apr to 1.9 mn

THE TWO-WHEELER market started FY27 on a strong note, with registrations rising 12.9% year-on-year to 1.9 million units in April 2026, signalling resilient demand across both rural and urban markets.

1 min  |

May 12, 2026

Financial Express Ahmedabad

Bajaj group turns 100; PM lauds a century of nation-building efforts

THE DIVERSIFIED BAJAJ group on Monday completed 100 years, marking a century-long journey from a freedom movement-linked trading house to one of the country's largest business conglomerates with interests spanning automobiles, financial services, consumer products and engineering.

1 min  |

May 12, 2026

Financial Express Ahmedabad

Reopen the currency futures market

Closing down the market signals unnecessary nervousness and, worse, limits access for smaller players, something RBI has been keen to promote

3 min  |

May 12, 2026

Financial Express Ahmedabad

RBI to Tatas: No exemption from listing

Regulator’s position conveyed to Tata Trusts

2 min  |

May 12, 2026

Financial Express Ahmedabad

Govt maintains 60-day fuel buffer, allays rationing fears

INDIA HAS MAINTAINED nearly 60 days of crude oil and petroleum product stocks along with over one-and-a-half months of LPG reserves amid prolonged disruptions caused by the West Asia conflict, while simultaneously fast-tracking the ambitious Samudra Manthan deep-sea exploration programme to strengthen long-term energy security.

1 min  |

May 12, 2026

Financial Express Ahmedabad

'Remain confident of delivering double-digit topline growth'

SUNIL D'SOUZA, MD & CEO, TATA CONSUMER PRODUCTS

2 min  |

May 12, 2026

Financial Express Ahmedabad

No power can make India bow: PM invokes Pokhran in Somnath

PRIME MINISTER NARENDRA Modion Monday drew parallels to the 1998 Pokhran nuclear tests,asserting that no powerin the world can make India bow or succumb under pressure.

1 min  |

May 12, 2026

Financial Express Ahmedabad

Govt mulls one nation, one app for EV charging

SOON, ELECTRIC VEHICLE (EV) owners may no longer need multiple apps, wallets and logins to charge their vehicles.

1 min  |

May 12, 2026

Financial Express Ahmedabad

CIL's online auction falls 6% in April to 30.5 MT

STATE-OWNED CIL, THE country’s largest coal producer, offered 30.5 million tonne(MT) of coal through online auctions in April, marking a 6% decline from 32.5 MTin March.

1 min  |

May 12, 2026

Financial Express Ahmedabad

PVR Inox swings to ₹187-crore profit in Q4

PVR INOX, THE country’s largest multiplex operator, swung into the black in the March quarter (Q4FY26),aided by the success of films such as Dhurandhar-The Revenge, Border 2, and Project Hail Mary.

1 min  |

May 12, 2026

Financial Express Ahmedabad

Starmer vows to be bolder to try to rescue his job

PRIME MINISTER KEIR

1 min  |

May 12, 2026

Financial Express Ahmedabad

Musk, Cook may join Trump for Xi summit

THE WHITE HOUSE is inviting Tesla’s Elon Musk, Apple’s Tim Cook and Boeing’s Kelly Ortberg and executives from other large companies to accompany President Donald Trump on his trip to China this week, according to an official.

1 min  |

May 12, 2026

Financial Express Ahmedabad

OMCs face ₹2L-cr under-recoveries in Q1, says Puri

HOURS AFTER PRIME Minister Narendra

2 min  |

May 12, 2026

Financial Express Ahmedabad

IHCL Q4 net profit rises 15% to ~600 crore

INDIAN HOTELS, THE hospitality arm of the Tata Group, reported a consolidated net profit of %600 crore in Q4FY26, marking a 15% year-on-year (yo-y) increase compared to the same period last year.

1 min  |

May 12, 2026

Financial Express Ahmedabad

Life insurers see strongest growth in over 2 years

INDIA'S LIFE INSURERS reported their highest monthly growth in new business premium (NBP) in more than two years in April, driven by robust inflows and sustained momentum following the reduction in Goods and Services Tax (GST) on retail life insurance policies.

1 min  |

May 12, 2026

Financial Express Ahmedabad

Poor Q4 pulls down Urban Company shares 10%

SHARES OF HOME services platform Urban Company slumped nearly 10% on Monday after the company posted bigger-than-expected losses in Q4, deepening analysts’ concerns around the heavy investments in its loss-making quick services business Insta Help.

1 min  |

May 12, 2026

Financial Express Ahmedabad

Peace deal collapses....

ELEVATED CRUDE OIL prices, rupee weakness and sustained selling by foreign portfolio investors (FPIs) are expected to keep the overall market sentiment subdued, he added.

1 min  |

May 12, 2026

Financial Express Ahmedabad

Youth unemployment rises 15% in Jan-Mar, highest in 4 quarters

UNEMPLOYMENT AMONG YOUTH rose to a four-quarter high of 15% in the January-March quarter, up from 14.3% in October-December, according to the Periodic Labour Force Survey (PLFS) released by the Ministry of Statistics and Programme Implementation (MoSPI).

1 min  |

May 12, 2026

Financial Express Ahmedabad

Mittal: Time to double down on investments

INDIA INC MUST continue investing despite rising global uncertainty triggered by the escalating conflict in West Asia, Bharti Enterprises Chairman Sunil Bharti Mittal said on Monday, arguing that the country’s long-term growth opportunity outweighed near-term disruptions from oil prices and geopolitical tensions.

1 min  |

May 12, 2026