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Financial Express Delhi

Centre trims Ujjwala LPG cylinder refills to 4 a year

Subsidy support limited amid weak LPG consumption

2 min  |

June 09, 2026

Financial Express Delhi

Sharp fuel price hikes fail to deter rising demand

INDIA’S APPETITE FOR transport fuels remained largely unaffected by the steepest fuel price increase in nearly four years, with consumption of petrol and diesel continuing to rise in May despite cumulative retail price hikes of more than ₹7 per litre and elevated global crude oil prices.

1 min  |

June 09, 2026

Financial Express Delhi

Weight-loss drug craze starts slimming down

INDIA’S FAST-GROWING weight-loss drug market is showing early signs of moderation after a year of explosive expansion, with the latest report from Pharmarack showing that the GLP-1 drugs market grew 8% month-on-month in May, compared with a sharp 21% jump recorded in April.

1 min  |

June 09, 2026

Financial Express Delhi

Tax reforms in equities key to FPI inflows, say experts

RECENT MEASURES ANNOUNCED by the government and the Reserve Bank of India (RBI) will boost inflows from foreign portfolio investors (FPIs) into the fixed-income market, senior market participants said on Monday.

1 min  |

June 09, 2026

Financial Express Delhi

TMC split reaches Lok Sabha: 20 MPs back NDA

THE TMC IMPLODED on Monday as a rebellion that had ruptured its West Bengal Assembly ranks reached Parliament, where 20 Lok Sabha MPs led by senior leader Kakoli Ghosh Dastidar claimed to have written to Speaker Om Birla backing the BJP-led NDA as a “separate bloc”, triggering a split in the party’s parliamentary ranks.

1 min  |

June 09, 2026

Financial Express Delhi

Vaishnaw: Advanced chips, including Nvidia, being designed in India

INDIA IS NOW designing some of the world’s most advanced chips, including those of Nvidia, Union Minister for Electronics and Information Technology Ashwini Vaishnaw said on Monday.

1 min  |

June 09, 2026

Financial Express Delhi

Retail stress fuels ARC growth in FY26

ASSET RECONSTRUCTION COMPANIES (ARCs) acquired bad loans worth over ₹2 lakh crore in FY26, with retail assets emerging as the fastest-growing segment amid a steady decline in corporate non-performing assets (NPAs).

1 min  |

June 09, 2026

Financial Express Delhi

IndiGo expects FY27 growth in single digits

THE COUNTRY'S LARGEST airline IndiGo expects capacity growth to remain in single digits in FY27 as aircraft delivery delays and supply-chain constraints continue to weigh on expansion plans, prompting it to undertake capacity rationalisation measures despite strong demand for air travel.

2 min  |

June 09, 2026

Financial Express Delhi

TCS bags Canada Life transformation deal, launches GCC unit

TATA CONSULTANCY SERVICES (TCS) has signed a multi-year, multi-million euro transformation and managed services agreement with Canada Life, to support the modernisation of Canada Life’s IT infrastructure services across its European businesses, the IT major said on Monday.

1 min  |

June 09, 2026

Financial Express Delhi

Bombay HC strikes down ₹22,000-cr spectrum levy

● No legal basis for retrospective charge, says bench

2 min  |

June 09, 2026

Financial Express Delhi

RBI exempts FCNR (B) deposits, ECB swaps from forex position limit

THE RESERVE BANK of India (RBI) on Monday excluded swap positions arising out of foreign currency non-resident bank [FCNR (B)] deposits and external commercial borrowings (ECBs) from the $100-million net open position limit.

2 min  |

June 09, 2026

Financial Express Delhi

'Software solutions to account for 35% of revenue over time'

Redington, an integrated technology distributor and a key iPhone distributor, is betting big on its software and services business as it looks to increase the share of recurring, higher-margin revenue streams. Managing Director & Group CEO V.S. Hariharan speaks to Narayanan V about the company's growth strategy, AI-led opportunities and the evolving technology distribution landscape. Excerpts:

2 min  |

June 09, 2026

Financial Express Delhi

Pharma sector seen doubling to $120 bn

GOYAL INVITES GLOBAL FIRMS TO EXPAND PRESENCE

1 min  |

June 09, 2026

Financial Express Delhi

Will the whey shortage change how we eat?

WHEN I SAW the news about the alarming shortage of whey, I immediately feared for my favourite dish at Tiella, a new Italian restaurant here in London.

3 min  |

June 09, 2026

Financial Express Delhi

Eight workers killed in Vizag steel plant mishap

AT LEAST EIGHT workers of the Rashtriya Ispat Nigam, known as Vizag steel plant, were killed and six others injured on Monday after molten iron spilt on them, officials said.

1 min  |

June 09, 2026

Financial Express Delhi

The fitment factor in central govt employees' salary hikes

There's been much debate on the fitment factor that the 8th Pay Commission is likely to recommend, and its impact on salary hikes for government employees. The final figure will reflect the government’s need to balance employee welfare against macroeconomic constraints, writes Pravin Kaushal

3 min  |

June 09, 2026

Financial Express Delhi

CEA calls for CAG audit of devolution to Panchayats

ASSESSMENT OF 73RD AMENDMENT’S IMPLEMENTATION

2 min  |

June 09, 2026

Financial Express Delhi

SpiceJet to induct three Airbus A320s on lease

SPICEJET HAS ANNOUNCED that it is signing a lease agreement to induct three Airbus A320 aircraft and bring a grounded Boeing 737 MAX back into service.

1 min  |

June 09, 2026

Financial Express Delhi

Jan Dhan accounts surge to 580 million

FINANCE MINISTER NIRMALA Sitharaman on Monday said that over 580 million Jan Dhan accounts have brought millions of Indians into the formal banking system.

1 min  |

June 09, 2026

Financial Express Delhi

Trade deal with US awaits tariff advantage clarity

WHILE THE INTERIM trade deal with the US is likely to be finalised by July, it will only be implemented once India is sure that it has got lower tariffs than its competitors in the American market, a senior official said Monday.

1 min  |

June 09, 2026

Financial Express Delhi

Rupee logs worst fall in a month

WEST ASIA WAR, RISING CRUDE OIL PRICES WEIGH

1 min  |

June 09, 2026

Financial Express Delhi

Google ramps up Intel ties with over 3 mn chip order

Nvidia weighs Intel chips for unified processor design

1 min  |

June 09, 2026

Financial Express Delhi

Gold erases losses despite strong US jobs data

GOLD STEADIED ON Monday as prospects for a potential Israel-Iran deal helped the metal rebound from session lows, though strong US jobs data boosted expectations of a Federal Reserve rate hike and limited the upside.

1 min  |

June 09, 2026

Financial Express Delhi

The buyback bounceback

SEBI PROPOSALS BRING BACK A TOOL THAT MARKET PARTICIPANTS FOUND USEFUL

4 min  |

June 09, 2026

Financial Express Delhi

Govt's BIT regime now mandates 2-yr local remedies, excludes MFN

EXCLUSION OF TAX-RELATED PROVISIONS IS ANOTHER KEY PRINCIPLE

2 min  |

June 09, 2026

Financial Express Delhi

Coal reserves sufficient, says minister

UNION MINISTER G Kishan Reddy on Monday said the Centre has adequate coal reserves to meet the requirements of power generation for 80 days.

1 min  |

June 09, 2026

Financial Express Delhi

Exports in April-May rise 15%

INDIA'S EXPORTS GREW 15% on year in April-May despite ongoing disturbances in world trade due tothewarin West Asia and tariff uncertainties,a senior official said on Monday.

1 min  |

June 09, 2026

Financial Express Delhi

AI for everything until the hefty bill comes

IT TURNS OUT that “use AI for everything” is excellent advice — right up until the moment the bill arrives.

2 min  |

June 09, 2026

Financial Express Delhi

Sebi, RBI working on corporate bond derivatives framework

THE SECURITIES AND Exchange Board of India (Sebi), in coordination with the Reserve Bank of India (RBI), is working on introducing derivatives linked to corporate bond indices as part of efforts to deepen the domestic debt market.

2 min  |

June 09, 2026

Financial Express Delhi

Tata Trusts meet skips contentious flashpoints

A MEETING OF the Sir Dorabji Tata Trust on Monday steered clear of the contentious governance and regulatory issues confronting the Tata Group, focusing instead on routine business despite growing scrutiny of the Tata Trusts ecosystem.

1 min  |

June 09, 2026