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Financial Express Lucknow

Indices recoup half of losses

THE EQUITY BENCHMARKS fell up to 1% intra-day as investors took money off the table amid fears of a major conflict between India and Pakistan.

1 min  |

May 09, 2025

Financial Express Lucknow

Govt Likely To Amend Seeds Act To Ensure Traceability

To Protect Farmers

1 min  |

May 09, 2025

Financial Express Lucknow

Grain production target set 4% higher at 354 MT

Agri GVA growth may be strong for second year in a row

2 min  |

May 09, 2025

Financial Express Lucknow

State-run general insurers' merger back on the table

The Centre may increase FDI limit to 100% to facilitate entry of new players from overseas to cater to the demand for insurance and increase penetration

1 min  |

May 09, 2025

Financial Express Lucknow

With DoT approval, Starlink to begin infra investments

The Next Steps

1 min  |

May 09, 2025

Financial Express Lucknow

RBI Eases Norms for FPI Investments in Corp Debt Securities

Rating agency Crisil on Thursday placed long-term debt instruments of IndusInd Bank on 'rating watch with negative implications', due to recent resignations of two top executives and concerns over its microfinance portfolio.

1 min  |

May 09, 2025

Financial Express Lucknow

Crisil assigns 'watch negative' on IndusInd debt instruments

RATING AGENCY CRISIL on Thursday placed long-term debt instruments of IndusInd Bank on 'rating watch with negative implications', due to recent resignations of two top executives and concerns over its microfinance portfolio.

1 min  |

May 09, 2025

Financial Express Lucknow

Porter bags $200 mn, led by Kedaara, Wellington

PORTER, a Bengaluru-based on-demand logistics platform, has raised $200 million in its Series F funding round led by Kedaara Capital and Wellington Management, with participation from existing investor Vitruvian Partners.

1 min  |

May 09, 2025

Financial Express Lucknow

BP-Shell Megadeal Will Create European Rival to Exxon Mobil

If Shell were to acquire BP, it would be among the largest deals in European history, creating for the first time a European oil major that could challenge industry leaders Exxon Mobil and Chevron.

1 min  |

May 09, 2025

Financial Express Lucknow

Xi & Putin Meet, Tout Growing Ties

RUSSIAN PRESIDENT VLADIMIR Putin and his Chinese counterpart Xi Jinping held bilateral meetings in Moscow, emphasizing the alliance between their countries as they seek to upend the US-led world order.

1 min  |

May 09, 2025

Financial Express Lucknow

Tesla's India Head Quits as Carmaker Gears Up for Local Entry

TESLA INDIA COUNTRY head, Prashanth Menon, has resigned just as the carmaker firms up plans to enter the country with its first retail outlets in Mumbai and Delhi, people familiar with the matter stated.

1 min  |

May 09, 2025

Financial Express Lucknow

FPIs buy financials, telecom, FMCG in April

FOREIGN PORTFOLIO INVESTORS (FPIs) picked financial services, telecom, and FMCG as their top sectoral bets in April, while offloading shares in IT, metals & mining, and automobiles, according to data from NSDL.

1 min  |

May 09, 2025

Financial Express Lucknow

Asian Paints profit falls 45%

ASIAN PAINTS, THE country's largest paints maker, posted a 45% year-on-year drop in profit in the fourth quarter, while margins remained under stress due to inflationary pressures and higher ad spends.

1 min  |

May 09, 2025

Financial Express Lucknow

Britannia Net Profit Rises 4%

BRITANNIA INDUSTRIES ON Thursday posted a 4% rise in net profit at ₹559.95 crore during the March quarter, compared with ₹538.28 crore in the corresponding quarter last year.

1 min  |

May 09, 2025

Financial Express Lucknow

Bezos space ambitions at risk with Musk's man at NASA

Crash Landing

1 min  |

May 09, 2025

Financial Express Lucknow

PM Asks Secretaries To Keep Operational Preparedness

WITH THE MILITARY escalation with Pakistan, Prime Minister Narendra Modi on Thursday asked secretaries of the government departments to maintain continued alertness and clear communication to strengthen national security and operational preparedness.

1 min  |

May 09, 2025

Financial Express Lucknow

Oyo Most Profitable Startup in FY25: CEO

GLOBAL TRAVEL TECH platform OYO has become the most profitable Indian startup with a profit after tax of ₹623 crore in FY25, founder and CEO Ritesh Agarwal told employees in a townhall on Thursday, sources said.

1 min  |

May 09, 2025

Financial Express Lucknow

Heightened credit risks for India, Pakistan: S&P

The hostilities between India and Pakistan heighten risks to the credit metrics of both countries, and any escalation in clashes would put downward pressure on sovereign credit support, S&P Global Ratings said on Thursday.

1 min  |

May 09, 2025

Financial Express Lucknow

RIL exits trademark bid for Operation Sindoor

This category typically covers entertainment and media services, including film production, online content, education, and cultural programming.

1 min  |

May 09, 2025

Financial Express Lucknow

Bill Gates pledges to give away $200 billion by 2045

BILL GATES PLEDGED on Thursday to give away almost his entire personal wealth in the next two decades and said the world's poorest would receive some $200 billion via his foundation at a time when governments worldwide are slashing international aid.

1 min  |

May 09, 2025

Financial Express Lucknow

EU to target US cars, planes

US PRESIDENT DONALD Trump and British Prime Minister Keir Starmer on Thursday announced a \"breakthrough deal\" on trade that leaves in place a 10% tariff on goods imported from the UK while Britain agreed to lower its tariffs to 1.8% from 5.1% and provide greater access to US goods.

2 min  |

May 09, 2025

Financial Express Lucknow

Canara Bank profit up 33% on rising fee income, recoveries

CANARA BANK ON Thursday reported a 33% year-on-year rise in its net profit to ₹5,004 crore for the fourth quarter of FY25, its highest-ever net profit in a single quarter.

2 min  |

May 09, 2025

Financial Express Lucknow

Govt says UK FTA has enough safeguards

AFTER SIGNING, THE ratification process of the FTA would take another year in the UK's Parliament and only after that it would be ready for implementation, he added.

1 min  |

May 09, 2025

Financial Express Lucknow

Paytm CEO settles ESOP case with Sebi

Sharma barred from accepting any ESOP for 3 years; pays ₹1.1 crore as settlement fees

1 min  |

May 09, 2025

Financial Express Lucknow

Rupee Slumps 81p in Steepest Single-Day Fall in Over 2.5 Years

The rupee saw its steepest single-day fall in more than two-and-a-half years and settled 81 paise lower at 85.58 against the US dollar on Thursday, weighed down by heightened geopolitical tensions between India and Pakistan.

1 min  |

May 09, 2025

Financial Express Lucknow

IPO impasse: NSE denies seeking govt intervention

The National Stock Exchange (NSE) has urged the finance ministry to intervene in the years-long standoff with the Securities and Exchange Board of India (Sebi) over its planned initial public offering (IPO), three sources with direct knowledge of the matter said, but the exchange has denied seeking the government intervention.

1 min  |

May 09, 2025

Financial Express Lucknow

New rules to keep a check on predatory pricing by e-tailers

TOUGHER NORMS

1 min  |

May 09, 2025

Financial Express Lucknow

Hardcore terrorists among 100 killed in strikes: Rajnath

HARDCORE TERRORISTS WERE among at least 100 killed in strikes carried out by the armed forces on terror camps inside Pakistan and Pakistan Occupied Kashmir, defence minister Rajnath Singh is learnt to have told an all-party meeting on Thursday even as he underlined that the \"intended objectives\" of Operation Sindoor had been achieved.

1 min  |

May 09, 2025

Financial Express Lucknow

Telecom tariff hikes likely in second half of this fiscal

TELECOM OPERATORS MAY consider another round of tariff hikes in the second half of the current fiscal year, as subscriber additions stabilise and the impact of the July 2024 hikes begins to wear off, according to analysts.

1 min  |

May 09, 2025

Financial Express Lucknow

Titan Q4 profit up 13%; revenue beats estimates

TITAN COMPANY'S CONSOLIDATED net profit increased 13% in the fourth quarter of financial year 2024-25.

1 min  |

May 09, 2025