US job growth slowed sharply in June with employers adding just 57,000 jobs, according to data released by the US bureau of labor statistics. The slump came even as the unemployment rate eased to 4.2% from May’s figure of 4.3%, with almost 7.1 million people reporting to have jobs.Non-farm payrolls rose by 57,000 in June,…
Wall Street traded mixed on Thursday after a weaker-than-expected US jobs report strengthened expectations that the Federal Reserve could hold off on raising interest rates at its upcoming meeting.Around 8:15 PM IST, the Dow Jones Industrial Average gained 392.58 points, or 0.75%, to trade at 52,697.82. The S&P 500 also edged higher, rising 18.27 points,…
PM Narendra Modi and Japanese Prime Minister Sanae Takaichi. (ANI photo) India and Japan on Thursday announced a series of major initiatives, including a new economic partnership framework, a defence agreement for the joint development of military equipment, and measures to deepen cooperation in the energy sector to strengthen resilience against oil supply disruptions. The…
Dalal Street ended Thursday on a bright note, with benchmark equity indices Sensex and Nifty closing nearly 1% higher. The momentum was buoyed by a sharp rally in IT stocks and easing crude oil prices as geopolitical tensions showed signs of cooling. The 30-share BSE Sensex gained 579.48 points, or 0.75%, to close at 77,502.12…
Foreign investors continued to exit Indian equities for yet another month, with June witnessing withdrawals of Rs 49,340 crore $5.16 billion), as global and domestic factors continued to weigh on investment sentiment.The latest sell-off has pushed cumulative Foreign Portfolio Investor (FPI) outflows from Dalal Street to Rs 2.7 lakh crore in 2026 so far, according…
Air India Express has fully restored its Middle East operations, bringing back services to Kuwait and Salalah, ending the suspension of flights to the last remaining destinations in the region. The airline resumed flights on the Kozhikode-Salalah sector from July 2, while services between Kozhikode and Kuwait are set to restart from July 3. Flights…
AI generated image, used only for representational purpose Every next electric vehicle in India will reduce not just petrol usage, but also help cut down the country’s crude oil import bill!According to a recent report by State Bank of India (SBI), the country could save nearly Rs 1 lakh crore if electric vehicles account even…
The important thing to understand is that ITR filing is a statutory requirement and an important financial record-keeping. (AI image) ITR filing AY 2026-27: Filing your income tax return (ITR) is an important financial record which should not be missed even if your income falls below the mandatory filing threshold. For salaried taxpayers the last…
India and Japan took their trade and strategic partnership a step further on Thursday, signing a Memorandum of Cooperation (MoC) and reaffirming their commitment to deepen bilateral and global cooperation. The agreements came as Prime Minister Narendra Modi and Japanese Prime Minister Sanae Takaichi held the 16th India-Japan Annual Summit at Hyderabad House in New…
Report says OpenAI discussed giving the Trump administration a 5 per cent stake amid growing scrutiny of AI firms OpenAI has reportedly considered giving the Trump administration a 5 per cent stake in the company as AI firms face growing scrutiny in Washington over the potential misuse of advanced models and whether Americans should share…
