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Financial Express Pune

Ukraine Prime Minister Denys Shmyhal resigns

UKRAINIAN PRIME MINISTER Denys Shmyhal said on Tuesday he had submitted a resignation letter, as part of the country's largest wartime governmental reshuffle expected this week.

1 min  |

July 16, 2025

Financial Express Pune

Flexi staffing grows 9.7%: ISF

DOMESTIC FLEXI-STAFFING industry has registered a 9.7% rise in new employment in the last financial year, the Indian Staffing Federation (ISF) said on Tuesday.

1 min  |

July 16, 2025

Financial Express Pune

Towards GST consensus

Move to rope in home minister in rate rejig talks will give political heft to efforts in bringing states on board

2 min  |

July 16, 2025

Financial Express Pune

Bank of Maharashtra profit up 23%

BANK OF MAHARASHTRA on Tuesday reported a net profit of ₹1,593 crore for the first quarter of the current fiscal, up 23.14% year-on-year.

1 min  |

July 16, 2025

Financial Express Pune

ICICI Pru Life profit up 34%

ICICI PRUDENTIAL LIFE Insurance reported a 34% year-on-year (y-o-y) increase in net profit for the first quarter at ₹302 crore, aided by growth in both new business and renewal premiums.

1 min  |

July 16, 2025

Financial Express Pune

JPMorgan Profit Beats Analysts' Expectation

JPMORGAN CHASE raised its net interest income forecast for 2025 after a strong performance in its investment banking and trading divisions helped it surpass profit expectations for the second quarter.

1 min  |

July 16, 2025

Financial Express Pune

Luxury Development Boom Stokes Rise in Realty Stocks

Outperforming Benchmark Realty stocks set for fifth month of outperformance

1 min  |

July 16, 2025

Financial Express Pune

Analysts See Short-Term Margin Pain for HCLTech

While HCLTech surprised the Street with a cut in margin guidance and reported a lower-than-expected Q1 profit, analysts are largely brushing off the short-term margin pressure and anticipating it to be back to normal levels as early as the next fiscal—in line with the company's outlook.

1 min  |

July 16, 2025

Financial Express Pune

Citigroup Profit Beats Estimates

CITIGROUP'S PROFIT BEAT Wall Street estimates on Tuesday, as its traders brought in a windfall from turbulent markets and investment bankers gained from resilient deal-making in the second quarter.

1 min  |

July 16, 2025

Financial Express Pune

HDFC Life profit climbs 14%

HDFC LIFE INSURANCE on Tuesday reported a 14% year-on-year (y-o-y) increase in its standalone net profit for the first quarter of FY26 at ₹546 crore.

1 min  |

July 16, 2025

Financial Express Pune

Xi Touts 'New Model' for Urban Development

CHINESE PRESIDENT XI Jinping called for the acceleration of a \"new model\" for property development, advocating a more measured approach to urban planning and upgrades while falling short of some investors' expectations for more aggressive policies.

1 min  |

July 16, 2025

Financial Express Pune

Small firms' share in CPSE purchases crosses 42%

Rising Steadily

1 min  |

July 16, 2025

Financial Express Pune

Muted response to ₹1 L-cr VRRR auction

Operating target of monetary policy is call money rate, says RBI governor

2 min  |

July 16, 2025

Financial Express Pune

ISMA Urges Centre to Ban Ethanol Imports, Flags Risk

The Indian Sugar and Bio-energy Manufacturers Association (ISMA) has opposed the proposed discussion on allowing ethanol imports under the India-US trade framework, citing that such a move would disrupt the payment of fair and remunerative prices (FRP) to sugarcane farmers and lead to underutilisation of domestic ethanol production capacity.

1 min  |

July 16, 2025

Financial Express Pune

Citibank Sees IPOs Boosting India Biz

CITIBANK INDIA EXPECTS a strong year for its equity capital market business as initial public offerings (IPOs) pick up after a slow start in 2025, the Wall Street bank's India country head said.

1 min  |

July 16, 2025

Financial Express Pune

India, EU exchange offers for free trade agreement

The negotiations on the Free Trade Agreement (FTA) between India and the European Union (EU) made substantial progress in the latest round that concluded last week with both sides exchanging their offers on goods and services trade.

1 min  |

July 16, 2025

Financial Express Pune

HDB Financial Q1 net profit falls 2.4% to ₹568 crore

HDB FINANCIAL SERVICES' net profit for the quarter ended June fell over 2% on year to ₹568 crore due to a sharp rise in loan loss provisions, gross stage-3 assets and lower disbursements.

1 min  |

July 16, 2025

Financial Express Pune

NSE Increases Power Derivatives Trade Target to 500 BU for FY26

AFTER REPORTING STRONG trading volumes on the debut trade, the National Stock Exchange has raised the target of power traded through its derivatives contracts to 400-500 billion units (BU) for the current fiscal.

1 min  |

July 16, 2025

Financial Express Pune

SBI seeks senior creditor status for NHAI InvIT

STATE BANK OF India is seeking the senior creditor status to gain early rights on repayments in case of default or liquidation of the state-owned road authority's investment trust (InvIT), two sources aware of the matter told Reuters.

1 min  |

July 16, 2025

Financial Express Pune

Star Health eyes ₹20,000-crore premium in the current fiscal

Star Health & Allied Insurance, India's largest standalone health insurer, is readying to enter the life insurance space. MD & CEO Anand Roy tells Narayanan V, that the target premium for FY26 is ₹20,000 crore. Moreover, the company will deepen its presence in Tier II and III cities. Excerpts:

2 min  |

July 16, 2025

Financial Express Pune

Low inflation doesn't signal demand slowdown: Analysts

Retail inflation falling to a over six-year low of 2.1% in June was largely due to the high base of last year, and did not denote a fall in aggregate demand, analysts said.

2 min  |

July 16, 2025

Financial Express Pune

Dixon, Chinese firm form JV to make electronics component

Domestic electronic contract manufacturing firm Dixon on Tuesday said it has collaborated with Chinese company Chongqing Yuhai Precision Manufacturing for manufacturing and supply of precision components used in electronic products like laptop, mobile phones etc.

1 min  |

July 16, 2025

Financial Express Pune

Ukrainians Hail Aid, Slam Trump Ultimatum

President Trump's pledge of more US-made weapons in their three-year fight against Russia's invasion, though it is unclear what exactly they will get and how quickly.

1 min  |

July 16, 2025

Financial Express Pune

Kia's electric MPV India's first

KIA INDIA ON Tuesday launched the country's first all-electric MPV (multi-purpose vehicle) — the Carens Clavis EV.

1 min  |

July 16, 2025

Financial Express Pune

Wisdom wins

IN AN AI WORLD, MARKETERS CONTINUE TO BE IRREPLACEABLE

2 min  |

July 16, 2025

Financial Express Pune

US Inflation Accelerates in June

Softer Than Seen

1 min  |

July 16, 2025

Financial Express Pune

Jaishankar Meets Xi, Reminds SCO of Need to Combat Terror

Raises Pahalgam attack issue, says it was done to sow religious divide

2 min  |

July 16, 2025

Financial Express Pune

BlackRock's assets hit $12.53 trillion

BLACKROCK'S ASSETS UNDER management hit a new high in the second quarter as global markets rallied on the prospect of trade deals and interest-rate cuts from the US Federal Reserve, brushing aside earlier tariff-related jitters.

1 min  |

July 16, 2025

Financial Express Pune

Culture shows its colours when things get hardest

SUCCESS HIDES CRACKS. Failure finds them. In the glow of achievement, an organisation's culture basks in false validation. Town halls echo with applause. Corporate values beam from posters. Everyone appears aligned. But it's in failure—when targets are missed, launches flop, or crises erupt—that the true character of a culture is laid bare.

3 min  |

July 16, 2025

Financial Express Pune

China's economy grows steadily despite US tariffs

CHINA'S ECONOMY SLOWED less than expected in the Q2 in a show of resilience against US tariffs, though analysts warn that weak demand at home and rising global trade risks will ramp up pressure on Beijing to roll out more stimulus.

1 min  |

July 16, 2025
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