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Financial Express Kochi

India to become global auto market leader by 2030, says Gadkari

INDIA'S AUTOMOBILE INDUSTRY will be number one in the world in the next five years, Union minister Nitin Gadkari said on Saturday, highlighting that the industry has created 45 million jobs till now, the highest in the country.

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1 min  |
January 19, 2025
Financial Express Kochi

Mummies' ancient tattoos come under laser focus

With a tool often used in the study of dinosaur fossils, scientists uncovered new details in ornate tattoos on the skin of members of the Chancay culture of Peru

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2 mins  |
January 19, 2025
Financial Express Kochi

VinFast to Launch 2 Electric SUVs in India Later This Year

VIETNAM'S ELECTRIC VEHICLE maker VinFast Auto on Saturday said its two electric SUVs – VF 7 and VF 6 – will hit the Indian market later this year to mark its foray into the country, which it says has a huge growth potential.

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1 min  |
January 19, 2025
Financial Express Kochi

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 Kochi

Kejriwal opposes ED's request to adjourn plea against his bail

FORMER DELHI CHIEF minister and AAP convener Arvind Kejriwal on Friday \"vehemently\" opposed in the high court the ED's request to adjourn its plea on cancelling his bail in the Delhi excise policy case.

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1 min  |
January 18, 2025
Financial Express Kochi

Oil prices edge lower amid more supply concerns

OIL PRICES EDGED lower on Friday but remained on course for a fourth consecutive week of gains, as the latest U.S. sanctions on Russian energy trade added to worries about oil supply disruptions.

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1 min  |
January 18, 2025
Financial Express Kochi

Quad meet with India on the table day after Trump takes office

● Secy of State nominee Rubio had faulted Obama govt for neglecting India-US ties

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2 mins  |
January 18, 2025
Financial Express Kochi

Hamas to release first hostages on Sunday

THE PALESTINIAN MILITANT group Hamas is expected to release the first hostages under a Gaza ceasefire deal on Sunday, Israeli Prime Minister Benjamin Netanyahu's office said on Friday, after 15 months of war that demolished the enclave.

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1 min  |
January 18, 2025
Financial Express Kochi

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 Kochi

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 Kochi

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 Kochi

Review portfolio at every major life event

Your investment style should evolve as your circumstances change

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1 min  |
January 18, 2025
Financial Express Kochi

Cabinet Approves Refarming of 687 MHz Spectrum for 5G, 6G

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 Kochi

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 Kochi

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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1 min  |
January 18, 2025
Financial Express Kochi

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 Kochi

Sebi Asks MFs To Disclose Information Ratio Of Schemes

TO BRING MORE transparency in disclosures made by AMCs and aid better decision-making by investors, Sebi on Friday directed mutual funds to disclose the information ratio (IR) of a scheme along with performance disclosure.

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1 min  |
January 18, 2025
Financial Express Kochi

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 Kochi

Axis Bank stock sinks 6% on weak Q3 show

Stocks hit 52-week low; brokerages slash price targets

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2 mins  |
January 18, 2025
Financial Express Kochi

In a first, small cars are a no-show

The disappearance of small cars from consumer aspirations has been cemented at the Bharat Mobility Global Expo 2025, which commenced on Friday.

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3 mins  |
January 18, 2025
Financial Express Kochi

RIL's O2C segment set to bounce back in FY26

AFTER A SUBDUED performance in FY25, brokerages anticipate a rebound in Reliance Industries' oil-to-chemicals (O2C) segment, the company's largest revenue driver, driven by an expected improvement in refining margins in the next financial year.

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2 mins  |
January 18, 2025
Financial Express Kochi

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 Kochi

Indian carmakers ready to take on Tesla: Jindal

HOWEVER, THE GUIDELINES are still to be finalised and Tesla is also yet to respond in the affirmative.

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1 min  |
January 18, 2025
Financial Express Kochi

Rajnath Calls for Stronger Offense and Defence

INDIA'S OFFENSIVE AND defensive responses need to be further strengthened in view of turmoil in the rules-based global order, defence minister Rajnath Singh has said.

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1 min  |
January 18, 2025
Financial Express Kochi

Retrospective on first year back

THERE'S NO SHORTAGE OF DOWNSIDE RISKS FOR 2025, BUT DON'T EXPECT SUPPORTERS TO TURN ON HIM

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4 mins  |
January 18, 2025
Financial Express Kochi

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 Kochi

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 Kochi

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 Kochi

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 Kochi

Rupee depreciation hurting pharma sector as input costs rise

THE DEPRECIATING RUPEE is taking a toll on the pharma sector with an expected rise in the cost of imported raw materials.

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1 min  |
January 18, 2025