CATEGORIES

Financial Express Hyderabad

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 Hyderabad

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 Hyderabad

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 Hyderabad

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 Hyderabad

Europe, don't bow to Trump on tech

HE HASN'T TAKEN office yet, but the potent influence of President-elect Donald Trump may have already extended from Silicon Valley to Brussels.

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3 mins  |
January 18, 2025
Financial Express Hyderabad

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 Hyderabad

Infosys shares fall 6% on soft fourth quarter outlook

SHARES OF INFOSYS closed 5.77% lower at ₹1,815.10 on Friday, reflecting a sharp decline in its American Depository Receipts (ADRs) listed on the New York Stock Exchange.

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1 min  |
January 18, 2025
Financial Express Hyderabad

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 Hyderabad

Crude import bill rises 4% in April-December

INDIA'S CRUDE IMPORT bill increased 3.7% during the first nine months of the current fiscal 2024-25 to $102.5 billion against $98.8 billion in the same period in FY24, data from the Petroleum Planning and Analysis Cell showed.

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1 min  |
January 18, 2025
Financial Express Hyderabad

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 Hyderabad

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 Hyderabad

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 Hyderabad

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 Hyderabad

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 Hyderabad

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 Hyderabad

Zomato invests ₹500 cr more in Blinkit for expansion

ZOMATO HAS INVESTED an additional ₹500 crore in its quick commerce arm Blinkit, according to regulatory filings with the Registrar of Companies (ROC).

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1 min  |
January 18, 2025
Financial Express Hyderabad

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 Hyderabad

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
Financial Express Hyderabad

Hyundai Rolls Out Mass-Market EV

HYUNDAI MOTOR INDIA, the country's second-largest carmaker, launched the Creta Electric on Friday at the Bharat Mobility Show at introductory prices at ₹17.99 lakh, ex-showroom, for the 42 kWh battery variant.

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1 min  |
January 18, 2025
Financial Express Hyderabad

Closely monitoring prices, says govt

Inflation in negative zone since July last year

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2 mins  |
January 18, 2025
Financial Express Hyderabad

From mud to the mat

The Kho Kho Federation is sparing no effort to put the sport on the map

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3 mins  |
January 17, 2025
Financial Express Hyderabad

Axis Bank's net profit rises 4% to ₹6,304 crore

AXIS BANK ON Thursday reported a smaller-than-expected rise in its quarterly profit as the loan growth slowed and it set aside more funds against potential bad loans.

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1 min  |
January 17, 2025
Financial Express Hyderabad

In farewell speech, Biden warns against growing oligarchy in US

Presidents who did not recontest IN JULY 2024, Joe Biden announced that he would not be seeking a second term. However, he is not the only incumbent president who decided not to run for a second term.

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1 min  |
January 17, 2025
Financial Express Hyderabad

NCLAT to decide on Meta plea next week

THE NATIONAL COMPANY Law Appellate Tribunal (NCLAT) has admitted Meta's plea challenging a ₹213.14 crore penalty imposed by the Competition Commission of India (CCI) for alleged abuse of market dominance.

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1 min  |
January 17, 2025
Financial Express Hyderabad

Agri & processed food exports grow over 11% to $17.77 bn

INDIA'S EXPORTS OF agricultural and processed food products rose by more than 11% year-on-year to $17.77 billion during April-December of the current financial year, after the government removed most of the restrictions on rice shipments.

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1 min  |
January 17, 2025
Financial Express Hyderabad

Spencer's Retail forays into q-comm with JIFFY

In Q3FY25, firm narrowed its net loss to ₹47.34 cr

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1 min  |
January 17, 2025
Financial Express Hyderabad

Barclays in the fray to take over Apple's credit card business

APPLE IS in talks with Barclays to replace Goldman Sachs as the tech giant's credit card partner, said two sources familiar with the matter, as the Wall Street giant steps back from its consumer finance ambitions.

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1 min  |
January 17, 2025
Financial Express Hyderabad

Jio profit jumps 4.9% to ₹6,861 cr, Arpu at ₹203

DRIVEN BY TARIFF HIKES; REVENUE UP 4.3% TO ₹33,074 CR

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1 min  |
January 17, 2025
Financial Express Hyderabad

8th Pay Commission to be formed, 11.5 mn to benefit

CONSUMPTION BOOSTER TO TAKE EFFECT FROM FY27

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3 mins  |
January 17, 2025
Financial Express Hyderabad

With VRR window open, bond buyback sees limited success

THE RESERVE BANK of India on Thursday conducted a buyback auction of government securities worth ₹30,000 crore and repurchased only ₹9,892 crore of bonds, as banks were unwilling to sell G-Secs at a loss, said traders.

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1 min  |
January 17, 2025