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Financial Express Lucknow

Rupee closes in on 88/$ as tariff tensions escalate

The rupee extended its decline on Tuesday owing to escalating trade tensions with the US, although likely intervention from the Reserve Bank of India prevented it from breaching record low levels.

1 min  |

August 06, 2025

Financial Express Lucknow

Disparities in states' income

Richer states, mostly in the south and western India, are attracting manufacturing investments in a big way and growing much faster than the national average

3 min  |

August 06, 2025

Financial Express Lucknow

'Would like to be a global energy firm'

Waaree Energies reported an 89% rise in net profit to ₹745 crore for Q1 FY26, driven by record solar PV module production of 2.3 GW.

1 min  |

August 06, 2025

Financial Express Lucknow

Emami to stay focused on niche categories: MD

KOLKATA-BASED FMCG BRAND Emami, best known for Zandu balm & Navratna cool oil, will not enter mass consumer goods categories such as soaps and toothpastes, vice-chairman and MD Harsha V Agarwal said in the company's FY25 annual report released on Tuesday.

1 min  |

August 06, 2025

Financial Express Lucknow

India, Philippines Start Talks for Bilateral Trade Pact

India and the Philippines on Tuesday exchanged the terms of reference of a Preferential Trade Agreement (PTA) that will build on the liberal terms already offered by Asean-India Trade in Goods Agreement (AITIGA) for bilateral trade.

1 min  |

August 06, 2025

Financial Express Lucknow

Trump Doubles Down on Tariff

\"WE HEAR MANY statements that are in fact threats, attempts to force countries to cut trade relations with Russia. We do not consider such statements to be legal,\" Kremlin spokesman Dmitry Peskov said.

1 min  |

August 06, 2025

Financial Express Lucknow

The Multi-Tasker

JLR is waiting to reboot under Balaji. Once known for its stylish sedans with powerful engines, it is aiming to reposition itself as an ultra-luxury electric vehicle brand

2 min  |

August 06, 2025

Financial Express Lucknow

Nudge for tax compliance

Behavioural science, an insightful combination of psychology, economics, and linguistics, can improve tax conformity.

4 min  |

August 06, 2025

Financial Express Lucknow

Gold's share in forex reserves hits all-time high of 12% in Q1

THE SHARE OF gold in India's foreign exchange reserves rose to 12% or $84.5 billion in the three months to June, an all-time high, reports Saikat Neogi.

1 min  |

August 06, 2025

Financial Express Lucknow

Ind-Ra Sees Credit Growth Revival in H2

THE CREDIT GROWTH for the banking sector is expected to pick up to 12-13% in the second half (H2) of the current financial year, India Ratings and Research (Ind-Ra) said on Tuesday.

1 min  |

August 06, 2025

Financial Express Lucknow

Gujarat accounts for 26.6% total exports in FY25

Gujarat retained its position as India's top exporting state in FY25, with outbound shipments worth ₹9.83 lakh crore, accounting for 26.6% of the country's total exports, FIEO said on Tuesday.

1 min  |

August 06, 2025

Financial Express Lucknow

BP Says Oil Supply Growth Outside OPEC to Stall Next Year

OIL SUPPLY GROWTH from non-OPEC producers will stall in early 2026, while demand remains robust, according to BP Plc Chief Executive Officer Murray Auchincloss.

1 min  |

August 06, 2025

Financial Express Lucknow

Russia-backed Nayara ships first petrol since EU-imposed sanctions

RUSSIA-BACKED INDIAN refiner Nayara Energy has exported its first gasoline cargo since the privately-owned company was sanctioned by the European Union on July 18, according to four shipping sources and LSEG data.

1 min  |

August 06, 2025

Financial Express Lucknow

US Refused Talks on Aluminum & Steel Tariffs at WTO: Govt

The US did not accept India's request for consultations under the World Trade Organization's (WTO) Agreement on Safeguards (AoS) concerning US tariffs on steel, aluminum, and related derivative products, Parliament was informed on Tuesday.

1 min  |

August 06, 2025

Financial Express Lucknow

MII board's panel to handle penalties, Sebi issues circular

The new norms suggested by Sebi will come into effect 45 days from the date of the circular

1 min  |

August 06, 2025

Financial Express Lucknow

SAP's 41-acre Campus in Bengaluru Inaugurated

SAP LABS INDIA on Tuesday inaugurated its state-of-the-art campus in Bengaluru, backed by a €194 million investment commitment, while also unveiling major advancements in its artificial intelligence strategy—moves that could reshape enterprise software delivery.

1 min  |

August 06, 2025

Financial Express Lucknow

Bar Council on the warpath again

JUST WEEKS AFTER slamming the Society of Indian Law Firms (SILF) for its protectionist approach towards the entry of foreign law firms into India, the Bar Council of India (BCI) today sent strongly worded notices flagging unauthorised collaborations or combinations between Indian law firms and foreign law firms, particularly mentioning CMS IndusLaw and Dentons Link Legal, the two firms that have forged arrangements with foreign legal entities.

2 min  |

August 06, 2025

Financial Express Lucknow

Deloitte Sees India FY26 GDP Growth at 6.4-6.7%

DELOITTE INDIA ON Tuesday projected India's economic growth at 6.4-6.7% in the current fiscal, citing robust domestic fundamentals and expanding global opportunities.

1 min  |

August 06, 2025

Financial Express Lucknow

US Trade Deficit Narrows to $60.2 Billion in June

US services activity flatlined in July

1 min  |

August 06, 2025

Financial Express Lucknow

JioBlackRock launches NFO for five index funds

JIOBLACKROCK ASSET MANAGEMENT, a 50:50 JV between Jio Financial Services and US-based BlackRock, has announced the launch of its first suite of 5 index funds through a new fund offering (NFO).

1 min  |

August 06, 2025

Financial Express Lucknow

Services growth in July strongest in 11 months

The uptick in India's services sector was strongest in eleven months in July, aided by growth of total new orders, international sales and output.

1 min  |

August 06, 2025

Financial Express Lucknow

Gati Shakti projects of ₹13.4 L cr approved

A TOTAL OF 293 infrastructure projects involving investments exceeding ₹13.39 lakh crore have been approved under the PM Gati Shakti National Master Plan (PMGS NMP) since its launch in October 2021, the government informed Parliament on Tuesday.

1 min  |

August 06, 2025

Financial Express Lucknow

Intel Struggles With Key Manufacturing Process

The Production Process

1 min  |

August 06, 2025

Financial Express Lucknow

Fall season: US schools may see 25% less Indian students

The number of Indian students heading to the US to pursue higher education is likely to drop by 20-25% for the fall 2025 semester, as compared to the year-ago period.

2 min  |

August 06, 2025

Financial Express Lucknow

When a mother's defeat becomes her victory

Why the campaign rocks:

1 min  |

August 06, 2025

Financial Express Lucknow

No proposal to stop supply of ₹500 notes, says govt

THERE IS NO proposal to stop supply of ₹500 denomination banknotes and ATMs will continue disbursing ₹500 alongside ₹100 or ₹200, minister of state for finance Pankaj Chaudhary informed Parliament on Tuesday.

1 min  |

August 06, 2025

Financial Express Lucknow

Pharma and chips tariffs coming next week: Trump

PRESIDENT DONALD TRUMP said that US tariffs on semiconductor and pharmaceutical imports would be announced \"within the next week or so,\" as the administration prepares to target key economic sectors in its effort to remake global trade.

2 min  |

August 06, 2025

Financial Express Lucknow

Kamath: Jio Financial eyes growth with AI-led strategy

JIO FINANCIAL SERVICES is gearing up to become a premier financial services company by using technology, chairman KV Kamath said in the annual report for 2024-25.

1 min  |

August 06, 2025

Financial Express Lucknow

Four killed in Uttarkashi flash flood

Army joins rescue work

1 min  |

August 06, 2025

Financial Express Lucknow

Think different

AI IS A BUSINESS CAPABILITY FIRST & TECH SECOND

2 min  |

August 06, 2025