In commodity markets, oil prices eased after recent sharp swings driven by escalating tensions in the Middle East. US stock market today: Wall Street rebounded on Thursday, led by a sharp rally in Microsoft after the technology giant posted stronger-than-expected quarterly earnings. The S&P 500 rose 0.9%, recovering more than half of Wednesday’s decline, its…
The IndiGo MD’s comments mark one of IndiGo’s strongest public objections to the revised FDTL regulations Months after widespread IndiGo flight disruptions, the airline’s Managing Director Rahul Bhatia has urged the government to revisit the new Flight Duty Time Limitations (FDTL) rules. He argues that the current framework reduces pilot productivity, drives up airline costs…
Baba Ramdev and Patanjali Ayurved’s Managing Director Acharya Balkrishna (File Photo) Patanjali Ayurved, which is known for its herbal and other fast-moving consumer goods, is now set to enter financial services through a nearly Rs 4,500 crore acquisition.The Insurance Regulatory and Development Authority of India (Irdai) has approved the acquisition of Magma General Insurance by…
Experts say the hiring landscape is becoming increasingly project and demand driven. India’s IT sector is seeing a big shift in hiring – especially at the fresher level with big firms being selective in talent acquisition. Not only that, there is an emerging trend of delaying onboarding at the fresher level, leaving many hires in…
India’s expanding renewable energy capacity could soon help turn the country into an energy exporter. German ambassador to India Philipp Ackermann said that Germany could emerge as one of the buyers of Indian green hydrogen in the coming years. Speaking at the Indo-German Industries Dialogue organised by the Indo-German Chamber of Commerce, Ackermann said renewable…
Global gold demand remained largely unchanged in the April-June quarter as softer prices moderated investment demand after the record rally earlier this year, according to the World Gold Council (WGC).Total gold demand stood at 1,269 tonnes in the second quarter of 2026, almost unchanged from 1,268.6 tonnes a year earlier, the WGC said in its…
Ever since the advent of artificial intelligence, people across industries have struggled with a common question: how long before it comes for their jobs?According to a Goldman Sachs report, the answer depends on the nature of the work. Routine and repetitive jobs across financial services, retail trade, healthcare and education face the highest risk of…
File photo: Union minister Nitin Gadkari NEW DELHI: Road transport minister Nitin Gadkari informed Rajya Sabha Wednesday BS-III vehicles, manufactured between 2005 and 2016, may require replacement of some rubber parts and gaskets when run on E20 petrol, while adding studies have found no major impact of the blended fuel on overall vehicle performance.In a…
Minimum balance penalty (representative image) NEW DELHI: Banks collected nearly Rs 7,100 crore as penalties from customers for failing to maintain minimum average balance (MAB) in their accounts in financial year 2025-26, up from around Rs 6,800 crore in the preceding year, government has told Parliament. Nearly 70% of the charges, adding up to Rs…
File photo: Union minister of commerce and industry Piyush Goyal NEW DELHI: Exporters are worried due to uncertainty of orders, higher logistics costs, liquidity issues and possible disruption of raw material supply chain due to a prolonged crisis in West Asia, with other shipping channel (Bab el-Mandeb) also affected.The issue briefly came up for discussion…
