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Financial Express Mumbai

Siddaramaiah steps down as Karnataka chief minister

TWO DAYS AFTER the Congress high command told him to step down, Karnataka Chief Minister Siddaramaiah on Thursday resigned to pave the way for D K Shivakumar to take over along with two to three Deputy CMs.

1 min  |

May 29, 2026

Financial Express Mumbai

Telecom wars return as Vi calls out Airtel

AFTER YEARS OF tariff wars and consolidation battles, the telecommunications sector may be headed for a fresh confrontation — this time over whether some users should get a better internet experience than others.

3 min  |

May 29, 2026

Financial Express Mumbai

India, Korea agree to address trade imbalance within CEPA

INDIA AND SOUTH Korea have agreed to address New Delhi’s concerns over the widening bilateral trade deficit within the framework of the existing Comprehensive Economic Partnership Agreement (CEPA), instead of negotiating a fresh trade pact.

1 min  |

May 29, 2026

Financial Express Mumbai

Omega AI and the Future of Hearing Healthcare in India

India's hearing healthcare industry is entering a new phase with the launch of Omega AI, the latest artificial intelligence-driven hearing solution from Starkey, powered by its most advanced G3 Gen AI Neuro Processor.

5 min  |

May 29, 2026

Financial Express Mumbai

Ad rates for IPL final wait for powerplay surge

VAIBHAV SOORYAVANSHI MAY have been sending bowlers into therapy, but IPL 2026 advertising rates have shown far less aggression than the teenager’s strike rate.

2 min  |

May 29, 2026

Financial Express Mumbai

‘Full-scale demand for hydrogen vehicles at least 5-6 years away’

Ashok Leyland posted its highest fourth-quarter and full-year revenue, net profit and Ebitda in FY26. Chairman Dheeraj Hinduja tells Narayanan V that the recent fuel price hike and ongoing geopolitical tensions are unlikely to impact domestic and international commercial vehicle (CV) demand while also sharing the company’s plans for battery pack manufacturing and alternative fuels. Excerpts:

2 min  |

May 29, 2026

Financial Express Mumbai

RIL's digital services employee count decreases 21% in FY26

RELIANCE INDUSTRIES' DIGITAL services workforce declined by 19,701 employees, or 20.8%, in FY26 compared with FY25, according to disclosures in the conglomerate's latest annual report.

2 min  |

May 29, 2026

Financial Express Mumbai

Govt readies El Nino safeguards

THE CENTRE IS fully prepared to mitigate any adverse impact of the El Nino weather phenomenon on this year's kharif crop, Union Agriculture Minister Shivraj Singh Chouhan said on Thursday, as he called for integrated farming and greater self-reliance in pulses and oilseeds.

1 min  |

May 29, 2026

Financial Express Mumbai

Tata bets on Tiago to revive hatchbacks

TATA MOTORS ON Thursday launched the new Tiago hatchback at a starting price of ₹4.69 lakh for the petrol variant, as the company seeks to revive interest in the small-car segment that has steadily lost ground to sport utility vehicles (SUV).

1 min  |

May 29, 2026

Financial Express Mumbai

Dish TV bets on OTT amid subscriber slide

DIRECT-TO-HOME (DTH) satellite television provider Dish TV is betting on OTT aggregation, connected smart TVs and hybrid entertainment services to diversify beyond its traditional DTH business as it grapples with a steep decline in subscribers.

1 min  |

May 29, 2026

Financial Express Mumbai

Growth strategy amid war

INDIA’S STRATEGY OF DEVELOPMENT MUST TAKE INTO ACCOUNT FAR-REACHING CHANGES IN A WORLD IN FLUX

3 min  |

May 29, 2026

Financial Express Mumbai

Grid connectivity rules reshape renewable M&A

RENEWABLE ENERGY INVESTORS are increasingly shifting towards operating and near-commissioned projects after changes in grid connectivity rules made it harder to transfer ownership of early-stage assets, analysts said, altering deal structures and valuation trends in the sector.

1 min  |

May 29, 2026

Financial Express Mumbai

Superhuman Sound: Inside Starkey's Omega AI Revolution

Brandon Sawalich, President & CEO of Starkey, on the role India plays in the future of hearing technology - and what 'superhuman' really means.

5 min  |

May 29, 2026

Financial Express Mumbai

India brightest spot amid slowdown fears: WEF survey

CHIEF ECONOMISTS ACROSS the world expect the global economic growth to weaken over the next one year, but India stands out as a geography with the strongest growth expectations, a new WEF survey showed on Thursday.

1 min  |

May 29, 2026

Financial Express Mumbai

Bajaj Finserv to invest ₹1.5-2K cr in AI startups

BAJAJ FINSERV ON Thursday said companies under its fold will invest ₹1,500-2,000 crore over a five-year period in AI innovation startups as part of the Finserv Intelligence programme, a strategic initiative launched in partnership with IIT Bombay.

1 min  |

May 29, 2026

Financial Express Mumbai

Supply-chain bottlenecks dim India's nuclear ambitions

HIGH CAPITAL INTENSITY, long vendor qualification cycles and a tightly concentrated supplier ecosystem are emerging as critical bottlenecks for India’s ambitious nuclear expansion plan, even as the country targets a more than tenfold increase in capacity to 100 GW by 2047 from the current ~8.2 GW, according to a sector analysis by SOIC Research.

1 min  |

May 29, 2026

Financial Express Mumbai

RIL secures $625-mn Samurai loan, highest by an Indian firm

RELIANCE INDUSTRIES (RIL) has raised JPY 91.9 billion ($625 million) through a Samurai loan — the largest such borrowing ever by an Indian corporate and the third-largest by an Asian corporate — the company said in its FY26 annual report.

1 min  |

May 29, 2026

Financial Express Mumbai

Further price rise likely in food, personal care items: Report

PRICES OF ESSENTIAL everyday consumer products are likely to rise further in the near term as companies continue to face inflationary pressure on raw materials, according to a report by Systematix Research.

1 min  |

May 29, 2026

Financial Express Mumbai

'Premium footwear growing twice as fast as mass segment'

Bata India is sharpening its focus on premium products, digital commerce and franchise-led expansion as the footwear major targets a doubling of turnover over the next five years.

2 min  |

May 29, 2026

Financial Express Mumbai

McKinsey to help Air India draft turnaround plan

THE BOARD OF Tata Sons was briefed on Air India’s turnaround plans on May 26, with inputs from global consulting firm McKinsey & Company, according to persons familiar with the matter.

2 min  |

May 29, 2026

Financial Express Mumbai

EV ambitions meet household economics

AS FUEL PRICES rise and concerns over oil imports persist, electric vehicles (EVs) are increasingly being prescribed by policymakers, economists and industry executives as part of the solution.

2 min  |

May 29, 2026

Financial Express Mumbai

Crude oil trims gains on report of US-Iran ceasefire agreement

OIL GAVE UP gains on Thursday and traded lower briefly after an Axios report claimed that the US and Iran have reached an agreement for a 60-day ceasefire extension and the start of talks on Tehran’s nuclear program.

2 min  |

May 29, 2026

Financial Express Mumbai

Recovery under insolvency code nearly halves: Icra

THE RECOVERIES UNDER the Insolvency and Bankruptcy Code (IBC) against admitted claims nearly halved in FY26 to 23% from 46% in the preceding financial year due to rising delays, a report said on Thursday.

1 min  |

May 29, 2026

Financial Express Mumbai

Sectoral funds lose sheen

Inflows, folio additions plunge as investors seek diversification

2 min  |

May 29, 2026

Financial Express Mumbai

India, China hold ‘constructive’ talks

INDIA AND CHINA held “constructive” and “forward-looking” talks on the situation along the Line of Actual Control (LAC) in eastern Ladakh, noting that maintaining border peace and tranquillity enabled progress in the normalisation of overall relations.

1 min  |

May 29, 2026

Financial Express Mumbai

Patanjali Foods receives GST demand of ₹1,353 crore

PATANJALI FOODS ON Thursday said that it had received a GST demand notice of ₹1,352.9 crore for FY23 for allegedly under-reporting its taxable turnover by 7,516 crore. It denied the allegation of discrepancies as factually incorrect.

1 min  |

May 29, 2026

Financial Express Mumbai

Steps to boost capital inflows likely in a week

LTCG RELIEF, CUT IN WITHHOLDING TAX ON G-SECs ON THE TABLE

3 min  |

May 29, 2026

Financial Express Mumbai

RBI must let rupee fall further, says Subbarao

FORMER GOVERNOR OF the Reserve Bank of India (RBI) Duvvuri Subbarao has said the central bank must allow some more depreciation in the rupee to help absorb external pressures, and choose liquidity measures, rather than going for rate hikes, if inflation risks intensify.

1 min  |

May 29, 2026

Financial Express Mumbai

TCS ties up with Mistral to expand enterprise AI push

INDIAN IT MAJOR Tata Consultancy Services has partnered with French artificial intelligence firm Mistral to provide frontier grade AI solution, Mistral Forge, for enterprises across the world, the company said on Thursday.

1 min  |

May 29, 2026

Financial Express Mumbai

Japan plans ‘bridging bonds’ to fund investment schemes

JAPAN PLANS TO issue ‘bridging bonds’ to fund the administration’s flagship programmes aimed at boosting investment in growth and economic security areas, the Nikkei newspaper reported on Thursday.

1 min  |

May 29, 2026