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Financial Express Mumbai

Own tax reliance rising for states

REVENUE CAPACITY CONTINUES TO VARY WIDELY AMONG STATES, SAYS CAG REPORT

2 min  |

January 02, 2026

Financial Express Mumbai

Xi touts chip wins in New Year speech

PRESIDENT XI JINPING highlighted China's achievements in artificial intelligence and the chip industry in a triumphant New Year's Eve speech as he called for more confidence in the country's development path in the year ahead.

1 min  |

January 01, 2026

Financial Express Mumbai

No change in interest rates on small savings

THE MINISTRY OF Finance on Wednesday announced that interest rates on various small savings scheme will remain unchanged for the fourth quarter of FY26.

1 min  |

January 01, 2026

Financial Express Mumbai

'Focus is shifting to profitability without compromising growth'

After completing its pivot from scheduled delivery to quick commerce with 900 dark stores across 40 cities, Tata Digitalowned BigBasket is now setting its sights on achieving contribution margin positivity by the end of 2026, while aiming for 50-60% revenue growth.

3 min  |

January 01, 2026

Financial Express Mumbai

When code meets crop

AI-DRIVEN APPS ARE HELPING FARMERS CUT COSTS, SPOT DISEASE EARLY & LIFT YIELDS

3 min  |

January 01, 2026

Financial Express Mumbai

Safeguard duty on steel for 3 more yrs

INDIA HAS EXTENDED the safeguard duty on imports of certain steel products for three more years, starting with 12% and going down to 11%, reports Urvi Malvania.

1 min  |

January 01, 2026

Financial Express Mumbai

Demand recovery to shape growth outlook in new year

AS THE CALENDAR turns to 2026, expectations across industry, markets and policy circles are anchored around a firmer growth cycle, supported by reform momentum, tax relief and easing inflation, even as global uncertainties and base effects continue to temper projections.

2 min  |

January 01, 2026

Financial Express Mumbai

Fiscal deficit during April-Nov widens to 62.3% of FY26 BE

Net taxes down 3.4% while capex rises 28%

1 min  |

January 01, 2026

Financial Express Mumbai

Why gig workers went on a strike on New Year's eve

The gig workers' strike on Wednesday had limited traction with some impact in a few cities due to the unorganised nature of the workforce. As online orders have risen, rider payouts have fallen with companies cutting costs, leading them to protest against low pay & poor working conditions, explains Banasree Purkayastha

3 min  |

January 01, 2026

Financial Express Mumbai

Warner Bros may reject Paramount's bid

WARNER BROS DISCOVERY will likely reject Paramount Skydance's amended $108.4 billion hostile bid for the storied Hollywood studio despite a personal guarantee from billionaire Larry Ellison backing the media giant's offer, according to a person familiar with the matter.

1 min  |

January 01, 2026

Financial Express Mumbai

Buckle up for a volatile year of Trump-Xi, Taiwan, Kim

THIS IS THE season when columnists turn to prophecy, and then congratulate themselves a year later for getting some of it right.

3 min  |

January 01, 2026

Financial Express Mumbai

Buffett retires, the Oracle endures

WARREN BUFFETT MAY have retired, but the Oracle of Omaha hasn't.

2 min  |

January 01, 2026

Financial Express Mumbai

Household debt at 41.3%, retail loans key driver

HOUSEHOLD DEBT STOOD at 41.3% of GDP at the end of March 2025, marking a sustained increase compared to its five-year average of 38.3%, data from RBI's Financial Stability Report show.

1 min  |

January 01, 2026

Financial Express Mumbai

Centre bans popular painkiller nimesulide on safety concerns

THE GOVERNMENT HAS banned popular painkiller nimesulide above 100 mg in tablets and syrup forms with immediate effect.

1 min  |

January 01, 2026

Financial Express Mumbai

Benchmarks gain, broader markets underperform

THE SENSEX AND Nifty gained 9.06% and 10.51%, respectively, in 2025, marking positive returns for the 10th consecutive calendar year — their longest winning streak.

1 min  |

January 01, 2026

Financial Express Mumbai

Centre's fiscal deficit widens to 62.3% of target in Apr-Nov

THE CENTRE'S FISCAL deficit widened to 62.3% of the annual target during April-November, compared to 52.5% of the respective target a year ago, due to a surge in capital expenditure growth while the net tax revenues continued to contract, reports FE Bureau.

1 min  |

January 01, 2026

Financial Express Mumbai

Vi gets govt lifeline

Panel to reassess amount that will be binding on both

3 min  |

January 01, 2026

Financial Express Mumbai

CapitaLand REIT sells 20% in data centres

SINGAPORE-LISTED CAPITALAND India Trust (CLINT) has sold a 20.2% stake in three data centre properties under development to CapitaLand India Data Centre Fund (CIDCF) for nearly₹ 700 crore.

1 min  |

January 01, 2026

Financial Express Mumbai

Microgrids to the rescue

Low-voltage direct current solar microgrids are the answer to support India's overburdened grid as well as the green transition

3 min  |

January 01, 2026

Financial Express Mumbai

Q-comm firms dole out sops to thwart gig workers' strike

QUICK COMMERCE PLATFORMS deployed surge incentives to counter a nationwide strike call by delivery worker unions on Tuesday, with operations remaining largely unaffected across major metros despite union claims of 150,000 participants.

2 min  |

January 01, 2026

Financial Express Mumbai

Biting cold to continue

A BITING CHILL gripped the capital on Wednesday as \"cold day\" conditions prevailed, while a thick shroud of fog descended over the city, with air quality in the 'very poor' category.

1 min  |

January 01, 2026

Financial Express Mumbai

Indian financial system holds firm as global risks rise: Guv

AMID A VOLATILE and unfavourable external environment, the Indian economy remains a bright spot as strong domestic demand, benign inflation, and prudent macroeconomic policies continue to support growth, Reserve Bank of India Governor Sanjay Malhotra said on Wednesday.

1 min  |

January 01, 2026

Financial Express Mumbai

Life insurance cover drops for third year

INDIA'S LIFE INSURANCE penetration declined for the third consecutive year even as the country’s overall insurance penetration remained unchanged at 3.7% in 2024-25, according to the latest annual report released by the Insurance Regulatory and Development Authority of India (Irdai).

2 min  |

January 01, 2026

Financial Express Mumbai

India's financial system remains firm as global risks rise: RBI guv

AMID A VOLATILE external environment, the Indian economy remains a bright spot as strong domestic demand, benign inflation, and prudent macroeconomic policies continue to support growth, RBI Governor Sanjay Malhotra said, reports FE Bureau.

1 min  |

January 01, 2026

Financial Express Mumbai

Trai: India's broadband user base crosses 1 bn

THE NUMBER OF broadband subscribers in India crossed the 1-billion mark in November 2025, according to data released by the Telecom Regulatory Authority of India (Trai) on Wednesday.

1 min  |

January 01, 2026

Financial Express Mumbai

PLI Auto scheme gets ₹35.6K cr investment

THE CENTRE ON Tuesday said investments worth ₹35,657 crore have already been made under the Production Linked Incentive (PLI) scheme for the automobile sector, against the projected ₹42,500 crore, even as disbursements under the scheme remained relatively low at ₹2,321 crore till December 2025.

1 min  |

January 01, 2026

Financial Express Mumbai

Modi's letter in hand, Jaishankar meets Rahman

WHEN TIES BETWEEN India and Bangladesh are strained over the security situation in the country, External Affairs Minister S Jaishankar met Tarique Rahman, Acting Chairman of Bangladesh Nationalist Party (BNP) and son of former Prime Minister of Bangladesh Begum Khaleda Zia, and expressed confidence that Begum Khaleda Zia's \"vision and values\" will \"guide the development of the partnership\".

1 min  |

January 01, 2026

Financial Express Mumbai

Brokerages bet on markets rallying up to 26% in 2026

BENCHMARK INDICES SENSEX and Nifty extended their winning streak to 10 consecutive years in 2025, delivering returns of 9.06% and 10.51%, respectively.

1 min  |

January 01, 2026

Financial Express Mumbai

Deposit growth for SCBs slips to 9.8%, credit holds at 11%

THE AGGREGATE YEAR-ON-YEAR deposit growth for scheduled commercial banks (SCBs) continued to fall in successive half years since March 2024 and stood at 9.8% as of September 2025,down 90 bps compared to 10.7% in March 2025.

1 min  |

January 01, 2026

Financial Express Mumbai

Quad envoys hold rare publicised meeting

THE AMBASSADORS OF the Quad nations, comprising the US, India, Australia and Japan, held a rare publicised meeting in Beijing.

1 min  |

January 01, 2026

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