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Financial Express Lucknow

ICICI Lombard Q3 net profit surges 68% to ₹724 crore

ICICI LOMBARD GENERAL Insurance on Friday posted a 68% year-on-year increase in its third-quarter net profit at ₹724 crore.

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1 min  |
January 18, 2025
Financial Express Lucknow

Imran Khan gets 14-year jail term in graft case

A PAKISTANI COURT on Friday sentenced jailed former prime minister Imran Khan and his wife Bushra Bibi to 14 and seven years in prison respectively after finding them guilty of corruption in the 190 million pounds al-Qadir Trust case.

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1 min  |
January 18, 2025
Financial Express Lucknow

RBI: Ensure nominations in all bank accounts and lockers

THE RESERVE BANK (RBI) on Friday asked banks to ensure nominations in new and all existing customers' deposit accounts and safety lockers, highlighting that a large number of accounts do not have nominations.

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1 min  |
January 18, 2025
Financial Express Lucknow

Jio Financial Q3 net profit remains flat at ₹295 crore

JIO FINANCIAL SERVICES on Friday reported a consolidated net profit of ₹295 crore for the quarter ended December 31, 2024, which was flat versus ₹294 crore posted in the year-ago period.

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1 min  |
January 18, 2025
Financial Express Lucknow

Hamas to Release First Hostages on Sunday

ISRAELI CABINET RECOMMENDS GAZA CEASEFIRE DEAL

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1 min  |
January 18, 2025
Financial Express Lucknow

IMF, World Bank Peg India's FY25 Growth at 6.5%

The International Monetary Fund (IMF) has retained India's GDP growth forecast to 6.5% for the current financial year, which is \"in line with potential\".

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1 min  |
January 18, 2025
Financial Express Lucknow

RIL's O2C segment set to bounce back in FY26

REFINING BOOST FOR SEGMENT GROWTH SEEN: ANALYSTS

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2 mins  |
January 18, 2025
Financial Express Lucknow

Harvest tax-free capital gains

● It will reduce your future tax liability from equity holdings

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2 mins  |
January 18, 2025
Financial Express Lucknow

Coldplay fans flock to resale sites for tickets

POPULAR BRITISH ROCK band Coldplay will be performing at the DY Patil Stadium in Navi Mumbai on January 18, 19 and 21 and at Ahmedabad's Narendra Modi stadium on January 25 and 26.

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1 min  |
January 18, 2025
Financial Express Lucknow

Will not attend Trump inaugural, says Nvidia CEO

Jensen Huang said on Friday he will not be attending U.S. President-elect Donald Trump's inauguration, but will instead be \"on the road\" celebrating the Lunar New Year with employees and their families.

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1 min  |
January 18, 2025
Financial Express Lucknow

Bullet Train Ambitions

Plans for indigenous high-speed trains are laudable, but innovative financing models will be needed

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2 mins  |
January 18, 2025
Financial Express Lucknow

FDI in auto sector to grow manifold: PM

FOREIGN DIRECT INVESTMENT (FDI) in India's auto sector will increase manifold in the coming years from $36 billion received in the last four years as efforts are underway to develop the entire ecosystem related to auto manufacturing domestically, Prime Minister Narendra Modi said on Friday.

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2 mins  |
January 18, 2025
Financial Express Lucknow

TechM logs 21% fall in Q3 profit

TECH MAHINDRA ON Friday logged a 21.36% sequential decline in its net profit due to a higher base reported in the previous quarter, that came from a one-time special income from sale of assets.

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January 18, 2025
Financial Express Lucknow

US Supreme Court upholds law that would ban TikTok

The justices ruled that the law did not violate USConstitution's First Amendment protection against government abridgment of free speech

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1 min  |
January 18, 2025
Financial Express Lucknow

Foreign flows into India bonds to fall short on rupee slump, US yields surge

FOREIGN INFLOWS THAT were expected into Indian government bonds over the next two-and-a-half months will fall short of expectations, stymied by a currency that is repeatedly hitting lifetime lows and Treasury yields that are hovering at multi-month highs, investors said.

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1 min  |
January 18, 2025
Financial Express Lucknow

Top Paytm Officials Pay ₹3.32 Cr to Settle Sebi Norms Violations

The Securities and Exchange Board of India (Sebi) on Friday allowed eight former board members of Paytm's parent company One97 Communications to settle for non-disclosure of material information for ₹3.3 crore.

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1 min  |
January 18, 2025
Financial Express Lucknow

Unhappy new year for investors so far

INVESTORS LOST a record ₹13.3 lakh crore in the first fortnight of the current calendar year—the highest-ever in absolute terms.

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1 min  |
January 18, 2025
Financial Express Lucknow

Closely monitoring prices, says govt

Inflation in negative zone since July last year

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2 mins  |
January 18, 2025
Financial Express Lucknow

EV industry needs better cost structure

After being in a near-monopolistic position in the EV space for a few years, Tata Motors is set to face heavy competition in 2025 with rivals like Maruti Suzuki, Hyundai, M&M and JSW MG Motor gearing up with launches.

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1 min  |
January 18, 2025
Financial Express Lucknow

Aditya Birla jewellery arm aims to reach 100 stores in 3 years: CEO

THE AVERAGE VALUE of purchases at Indriya stores exceeds that of other new entrants in the Indian jewellery market, the company's chief executive officer Sandeep Kohli said.

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January 18, 2025
Financial Express Lucknow

Carmakers look beyond electric

SCHEDULED FOR LAUNCH in FY26, the eVitara promises a range exceeding 500 km with two battery pack options - 49 kWh and 61 kWh.

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1 min  |
January 18, 2025
Financial Express Lucknow

Centre gives ₹11,440-crore lifeline to RINL

COMMUNICATIONS MINISTER JYOTIRADITYA Scindia on Friday said the Cabinet has approved the refarming of 687 MHz of spectrum from various government ministries for the deployment of 5G and future 6G services.

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1 min  |
January 18, 2025
Financial Express Lucknow

Wipro beats estimates, raises revenue guidance

THE COUNTRY'S FOURTH-LARGEST IT company, Wipro, on Friday reported a sequential increase in both revenue and profit for the quarter ended December, driven by improved demand in the US market and the banking, financial services and insurance (BFSI) vertical. The results surpassed Bloomberg's consensus estimates.

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1 min  |
January 18, 2025
Financial Express Lucknow

In a first, small cars are a no-show

PASSENGER VEHICLE MARKET GRAVITATES TOWARDS MID-SIZE AND LARGE SUVS

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2 mins  |
January 18, 2025
Financial Express Lucknow

Sisodia flags shoes, saris by BJP's Verma, says EC turning blind eye

SENIOR AAP LEADER and former Delhi deputy chief minister Manish Sisodia has alleged that the Election Commission is turning a blind eye to poll code violations ahead of the Assembly elections in Delhi early next month.

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2 mins  |
January 18, 2025
Financial Express Lucknow

HSBC gets RBI nod to open 20 new branches

HSBC INDIA ON Friday said it has received approval from the Reserve Bank of India to open 20 new branches in key cities including Navi Mumbai, Lucknow, Mysuru, Nagpur and Nashik.

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1 min  |
January 18, 2025
Financial Express Lucknow

BMW Launches India-made EV

INDIA'S SECOND-LARGEST LUXURY carmaker BMW launched the made-in-India X1 Long Wheelbase at the Auto Expo on Friday.

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1 min  |
January 18, 2025
Financial Express Lucknow

Reducing Tax Disputes Can Unlock Revenues

HUGE PILE-UP OF INCOME TAX DISPUTES A SERIOUS CONCERN

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1 min  |
January 18, 2025
Financial Express Lucknow

Medical device makers hail ban on refurbished imports

MEDICAL DEVICE MANUFACTURERS have welcomed the drug regulatory authority's decision not to allow refurbished medical devices to enter the country, in a move to curtail the influx of such unregulated products.

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1 min  |
January 18, 2025
Financial Express Lucknow

Awestruck and awesome

dent. I couldn't hold back my tears,\" Murugesan said, clutching onto the citation certificate. The flight to Delhi was the first time his wife Viji travelled by air.

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2 mins  |
January 18, 2025

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