CATEGORIES

Financial Express Mumbai

PTI says arrest 'politically motivated', to defend legally

THE SENTENCING AND arrest of Imran Khan in the Toshakhana corruption case is \"politically motivated\", his close aide and former Pakistan foreign minister Shah Mehmood Qureshi said on Saturday, asserting that the party will challenge the verdict and use all legal means to defend the exprime minister.

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1 min  |
August 06, 2023
Record overall profit for Berkshire at $36 bn
Financial Express Mumbai

Record overall profit for Berkshire at $36 bn

Rising interest rates, dividend payouts, and a rebound in performance at the Geico car insurer, have helped its insurance businesses generate money, with profit up 38% from a year earlier

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1 min  |
August 06, 2023
India gives over ₹45 cr to Lanka for digital ID project
Financial Express Mumbai

India gives over ₹45 cr to Lanka for digital ID project

INDIA HAS HANDED over ₹45 crore in advance to Sri Lanka to fund its unique digital identity project, the most crucial step in the island nation's digitalisation programme being implemented through the Indian grant assistance.

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1 min  |
August 06, 2023
Financial Express Mumbai

Khan before arrest: Party will sweep the next elections

A DAY BEFORE his arrest, Pakistan's ousted prime minister Imran Khan claimed that his party would sweep the next elections as the vindictive actions taken against him and his supporters by the Shehbaz Sharif-led government, backed by the military establishment, were only increasing his party's vote bank.

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1 min  |
August 06, 2023
Imran Khan arrested, sentenced to 3-year jail
Financial Express Mumbai

Imran Khan arrested, sentenced to 3-year jail

Khan misused state gifts; barred from contesting polls

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1 min  |
August 06, 2023
Public charging can hack your mobile phone
Financial Express Mumbai

Public charging can hack your mobile phone

Juice jacking is a security exploit in which an infected USB charging station is employed to tamper with connected devices

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2 mins  |
August 06, 2023
THE AI SONG
Financial Express Mumbai

THE AI SONG

The growing influence of AI in the music industry can be fun but is still to find recognition

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2 mins  |
August 06, 2023
Financial Express Mumbai

PSB profit falls 25% to ₹152.6 cr

PUBLIC SECTOR LENDER, Punjab & Sind Bank on Saturday reported a 25% year-on-year fall in profit to ₹152.6 crore for the June quarter.

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1 min  |
August 06, 2023
Financial Express Mumbai

Govt clears ₹1.39-trn funding for last mile fiber connectivity

THE UNION CABINET on Friday approved ₹1.39 trillion for modernising the BharatNet project which involves changing its execution strategy and providing fiber connections to the last mile through village level entrepreneurs, according to official sources.

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1 min  |
August 06, 2023
Financial Express Mumbai

Chandrayaan-3 successfully inserted into lunar orbit

INDIA'S AMBITIOUS THIRD moon mission, Chandrayaan3, achieved a significant milestone as it successfully entered the lunar orbit on Saturday, as confirmed by the Indian Space Research Organisation (ISRO).

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1 min  |
August 06, 2023
Bank of Baroda net profit rises 88% on strong NII
Financial Express Mumbai

Bank of Baroda net profit rises 88% on strong NII

The lender posted a bottomline of ₹4,070 crore

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1 min  |
August 06, 2023
Maruti expects over 6% growth in FY24
Financial Express Mumbai

Maruti expects over 6% growth in FY24

CARMAKER TO EXPAND PRODUCTION

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2 mins  |
August 06, 2023
Ficci CASCADE launches campaign against smuggling
Financial Express Mumbai

Ficci CASCADE launches campaign against smuggling

FICCI COMMITTEE AGAINST Smuggling and Counterfeiting Destroying the Economy (CASCADE) on Saturday launched an awareness campaign against illicit trade that impedes economic growth.

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August 06, 2023
Record decline in net hiring
Financial Express Mumbai

Record decline in net hiring

INDIAN IT SERVICES firms saw the highest-ever decline in their aggregate net headcount in Q1FY24.

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1 min  |
August 06, 2023
Byju's accuses lenders of bogus claims
Financial Express Mumbai

Byju's accuses lenders of bogus claims

LENDERS TO EDTECH company Byju's created bogus default claims tied to a $1.2-billion loan as part of a scheme to gain control of the company, the company's lawyer told a judge.

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2 mins  |
August 06, 2023
Corporates feel Haryana heat
Financial Express Mumbai

Corporates feel Haryana heat

Routines hit, say companies in Gurugram

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3 mins  |
August 06, 2023
Sebi reduces time limit for AIFs, VCs to invest overseas
Financial Express Mumbai

Sebi reduces time limit for AIFs, VCs to invest overseas

CAPITAL MARKETS REGULATOR Sebi on Friday reduced the validity period of approval given to alternative investment funds (AIFs) and venture capital funds (VCFs) for making overseas investments to four months from six months at present.

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1 min  |
August 05, 2023
REGULATING ARTIFICIAL INTELLIGENCE
Financial Express Mumbai

REGULATING ARTIFICIAL INTELLIGENCE

The Telecom Regulatory Authority of India (Trai) recently published a set of on the recommendations framework needed to regulate artificial intelligence (AI) systems and technologies. Jatin Grover decodes the Trai recommendations, why it has taken a dim view of self-regulation, the challenges in regulating AI and the government's thinking on the matter

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2 mins  |
August 05, 2023
Supreme Court stays Rahul's conviction
Financial Express Mumbai

Supreme Court stays Rahul's conviction

Defamation case over Modi surname remark

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3 mins  |
August 05, 2023
Consumer spending in India to exceed $4 trillion by 2030
Financial Express Mumbai

Consumer spending in India to exceed $4 trillion by 2030

E-comm to be one of the key drivers behind the increase

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2 mins  |
August 05, 2023
Ukraine strikes Russian naval vessel
Financial Express Mumbai

Ukraine strikes Russian naval vessel

A RUSSIAN WARSHIP was seriously damaged in an overnight Ukrainian naval drone attack on Russia's Black Sea navy base at Novorossiysk, two sources said on Friday, after Russia said it had fended off the attack.

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1 min  |
August 05, 2023
Trump, arraigned on election charges, pleads not guilty
Financial Express Mumbai

Trump, arraigned on election charges, pleads not guilty

FORMER PRESIDENT DONALD J Trump appeared in federal court in Washington on Thursday for the first time to face charges that he conspired to remain in office despite his 2020 election loss, pleading not guilty at a hearing conducted in the shadow of the Capitol, where his supporters, fueled by his lies, had rampaged to block the peaceful transfer of power.

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1 min  |
August 05, 2023
iPhone slump drags Apple; blowout profit for Amazon
Financial Express Mumbai

iPhone slump drags Apple; blowout profit for Amazon

OUR AWS GROWTH STABILISES: AMAZON CEO | Apple warns of fourth consecutive quarter of declining sales

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1 min  |
August 05, 2023
Can the Honda badge elevate it?
Financial Express Mumbai

Can the Honda badge elevate it?

CAR REVIEW: HONDA ELEVATE | It isn't the best SUV in its class, but its strong Japanese brand value will likely drive sales

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2 mins  |
August 05, 2023
Stick to your repayment plan at all costs
Financial Express Mumbai

Stick to your repayment plan at all costs

AIMING TO BE DEBT-FREE? | Consolidate multiple debts into one with a lower interest rate

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2 mins  |
August 05, 2023
RBL stake buy to help understand banking more, says M&M MD
Financial Express Mumbai

RBL stake buy to help understand banking more, says M&M MD

MAHINDRA AND MAHINDRA (M&M) managing director Anish Shah said on Friday that the investment in RBL Bank is aimed at enhancing the automaker's understanding of the banking sector.

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1 min  |
August 05, 2023
Financial Express Mumbai

DIls reverse trend, infuse over ₹12,000 cr in 2 weeks

FIIS WITHDRAW ₹9,000 CRORE DURING SAME PERIOD

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2 mins  |
August 05, 2023
Britannia profit rises 36%, misses estimates
Financial Express Mumbai

Britannia profit rises 36%, misses estimates

BISCUIT MAKER BRITANNIA'S consolidated net profit rose 35.6% to ₹458 crore for the quarter ended June 2023, missing Street estimates. It was ₹337 crore in the year-ago quarter. A poll of analysts by Bloomberg had pegged net profit at ₹513 crore for the quarter.

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1 min  |
August 05, 2023
Financial Express Mumbai

Aditya Birla retail arm posts ₹141-crore loss

ADITYA BIRLA FASHION and Retail on Friday reported a consolidated net loss of ₹141 crore for the June quarter (Q1) of FY24 amid a discretionary slowdown.

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1 min  |
August 05, 2023
India can replace China as world's factory: Mahindra
Financial Express Mumbai

India can replace China as world's factory: Mahindra

INDIA CAN REPLACE China as the 'factory to the world', Mahindra & Mahindra (M&M) chairman Anand Mahindra said, while highlighting that a number of marquee companies have already shifted their output to India.

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1 min  |
August 05, 2023