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[ad_1] A Southwest Airlines Boeing 737 taxis at Ronald Reagan Washington National Airport in Arlington, Virginia, on May 16, 2025. Kevin Carter | Getty Images Southwest Airlines on Wednesday posted second-quarter earnings and revenue that fell short of Wall Street’s estimates but said travel demand has stabilized, echoing other airlines in recent weeks. The airline […]
Southwest Airlines (LUV) 2Q 2025 earnings Read More »
[ad_1] Chipotle Mexican Grill on Wednesday cut its forecast for same-store sales growth this year after traffic declined for a second straight quarter. The burrito chain now anticipates flat same-store sales growth for 2025, down from its prior projection of a low-single-digit percentage increase. Chipotle trimmed its same-store sales outlook for the second consecutive quarter. But the company said sales trends are turning around.
Chipotle Mexican Grill (CMG) Q2 2025 earnings Read More »
[ad_1] India’s efforts to strengthen its global trade ties, including the upcoming free trade agreement (FTA) with the UK, present a timely strategic opportunity amid rising global uncertainties, the Reserve Bank of India (RBI) has said. In its July bulletin released on Wednesday, the central bank noted that building resilient trade partnerships could help India
[ad_1] A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. It’s getting
Institutional landlords see new competition from an unexpected source Read More »
[ad_1] A Magic: The Gathering card is displayed on a mobile phone during a weekly tournament at the Uncommons hobby shop in New York, U.S., on Thursday, June 27, 2019. Mark Abramson | Bloomberg | Getty Images Toy and gaming giant Hasbro topped Wall Street expectations for the second quarter as strength in its digital
Hasbro (HAS) earnings Q2 2025 Read More »
[ad_1] Natco Pharma has made an offer to acquire nearly 36% stake in South African pharmaceutical company Adcock Ingram Holdings (AIHL) for $226 million (around ₹2,000 crore). The proposal to acquire the stake from minority shareholders in an all cash deal is a strategic investment aimed at to expanding geographic footprint in South Africa, Natco
Natco Pharma to acquire stake in South African firm Adcock Ingram for ₹2,000 crore Read More »
[ad_1] A Sold sign in front of a home under construction at the Waterways subdivision in Gulf Shores, Alabama, US, on Friday, Dec. 6, 2024. Micah Green | Bloomberg | Getty Images Real estate experts are weighing in on a potential end to capital gains tax on home sales — as floated by President Donald
Why cutting capital gains tax on home sales wouldn’t solve housing issues Read More »
[ad_1] File photo: Personal finance author Robert Kiyosaki (Picture credit: X/@theRealKiyosaki) Personal finance author Robert Kiyosaki has once again raised alarm over the state of the global financial system, urging investors to abandon fiat currencies and instead turn to real assets like gold, silver, and Bitcoin. In a fresh social media post on X, the
[ad_1] U.S. Health and Human Services (HHS) Secretary Robert F. Kennedy Jr., speaks with Agriculture Secretary Brooke Rollins and Senator Roger Marshall (R-KS) ahead of a roundtable event as part of the “Make America Healthy Again” (MAHA) agenda, on Capitol Hill in Washington, D.C., U.S., July 15, 2025. Ken Cedeno | Reuters The Department of
RFK Jr. to remove mercury preservative thimerosal from flu shots Read More »
[ad_1] At Google I/O Connect India 2025, Google announced new initiatives and AI capabilities to support the Indian developer and start-up ecosystem in the country. File | Photo Credit: Reuters Google on Wednesday (July 23, 2025) said, based on third-party evaluations, the Google Play and Android ecosystem generated ₹4 lakh crore in revenue for app
[ad_1] Homes in Los Angeles, California, US, on Sunday, July 13, 2025. Like in the broader US market, home sales have slowed in Southern California as high interest rates and economic uncertainty chill demand. Eric Thayer | Bloomberg | Getty Images Sales of previously owned homes in June dropped 2.7% from May to 3.93 million
June home sales drop as prices hit a record high Read More »
[ad_1] A screen displays the the company logo for Goldman Sachs on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 7, 2025. Brendan McDermid | Reuters Goldman Sachs and Bank of New York Mellon are set to announce that they’ve created the ability for institutional investors to purchase
Goldman Sachs, BNY introduce money market fund digital tokens Read More »
[ad_1] Union Road Transport and Highways Minister Nitin Gadkari on Wednesday assured Union Health Minister J.P. Nadda that the Centre would do everything for recovery and reconstruction activities in the aftermath of flood, landslides and cloudbursts in Himachal Pradesh. BJP national President Nadda along with Rajya Sabha member Harsh Mahajan met Union Minister Gadkari here
[ad_1] This is an Ai-generated image, used for representational purposes only. The Indian Railways has issued a new circular revising its emergency quota (EQ) guidelines, requiring all requests to be submitted at least a day before travel.The move, aimed at ensuring timely chart preparation and avoiding operational delays, follows recent changes in reservation chart timings
[ad_1] Multidimensional poverty in India has seen a significant decline over the past nine years—from 29.17 per cent in 2013-14 to 11.28 per cent in 2022-23—indicating that nearly 24.82 crore people have moved out of poverty, according to data compiled by NITI Aayog. This was shared by Minister of State for Planning Rao Inderjit Singh
India’s multidimensional poverty falls sharply from 29% to 11% in 9 years: Government Read More »
[ad_1] Wayne Kuhl, a McDonald’s chef, shows the spicy and ranch Snack Wrap after he finished wrapping at the McDonald’s Headquarters in Chicago on May 29, 2025. Nam Y. Huh | AP Early data suggests the return of McDonald’s Snack Wraps is winning over customers. After a nearly decadelong hiatus, the burger chain brought back
McDonald’s Snack Wrap launch lifts sales Read More »
[ad_1] Shipbrokers, vessel operators have become hesitant to engage with Nayara this week. (AI image) European Union’s latest round of sanctions on Russian oil have already begun to hit a refinery in India. Oil companies and vessel operators are distancing themselves from India’s Nayara Energy Ltd., following the European Union’s recent sanctions that specifically targeted
[ad_1] Amazon did not immediately respond to a request for comment outside regular business hours [File] | Photo Credit: REUTERS Amazon is shutting down its Shanghai artificial intelligence lab, the Financial Times reported on Wednesday. Reuters could not immediately confirm the report. Amazon did not immediately respond to a request for comment outside regular business
Amazon shuts down Shanghai AI research lab: Report Read More »
[ad_1] National Broadcasting Day 2025: During the independence struggle, the radio was a powerful tool for dispersing information and fostering unity. Post-independence, it has been instrumental in promoting literacy, health awareness, and agricultural knowledge, especially in rural areas. It was on 23rd July, 1927, that the Indian Broadcasting Company came into being, initiating organised and licensed
National Broadcasting Day 2025: Understanding its significance and history Read More »
[ad_1] Due to Pakistan’s poor credit rating at junk level, the nation remains excluded from global capital markets. (AI image) Pakistan’s economy is deeply troubled, and its drowning in debt – its dependency on external support increasing every year. Pakistan got a record $26.7 billion in foreign loans in the previous fiscal year – a
[ad_1] Telangana Rains: Heavy rainfall battered multiple parts of Telangana over the past 24 hours, inundating low-lying areas, halting vehicular movement, cutting off remote villages, and disrupting coal production in the state. The India Meteorological Department (IMD) has issued an orange alert for several northern and central districts, warning of continued heavy to very heavy
Telangana Rains: Heavy showers lash north, central districts; IMD issues orange alert Read More »
[ad_1] India’s sustained economic growth and inclusive development model position it as an “anchor of stability” at a time when the world is facing economic uncertainty and transformation, Suman Bery, Vice Chairman of NITI Aayog, has said. He was speaking at the ministerial segment of the High-Level Political Forum on Sustainable Development at the United
India committed to catalyse change across Global South: NITI Aayog VC Read More »
[ad_1] A UK court ruled in 2022 in favour of the U.S. technology giant, now known as Hewlett Packard Enterprise (HPE), in a civil case linked to the sale of Lynch’s company, Autonomy [File] | Photo Credit: REUTERS A UK court Tuesday awarded £700 million ($946 million) compensation to IT firm Hewlett Packard in a
UK court awards £700 million to HP in late tycoon’s fraud case Read More »
[ad_1] Heavy rainfall pounded several parts of Delhi-NCR on Wednesday morning, throwing life out of gear as office-goers and schoolchildren struggled with traffic jams and widespread waterlogging across the national capital. The downpour brought vehicles to a crawl and disrupted routine movement in many parts of the city. The India Meteorological Department (IMD) had issued
IMD issues red alert in Delhi-NCR due to heavy rainfall Read More »
[ad_1] Bee was founded in 2022 [File] | Photo Credit: REUTERS Amazon has reached a deal to buy San Francisco-based Bee, a startup making an artificial intelligence-enabled bracelet to listen in on and transcribe conversations. Bee’s $50 wristband can analyse and distill what it records to make summaries, to-do lists or other tasks. Amazon confirmed
Amazon to buy startup focused on AI wearables Read More »
[ad_1] MUMBAI: Paytm swung to profit in the June quarter after two straight quarters of losses, posting net profits of Rs 123 crore on a consolidated basis as attempts to check costs and streamline operations leveraging AI paid off. This is the company’s first quarter of profit from its core business.The fintech, whose business was
Paytm swings to profit in Q1, 1st for core business Read More »
[ad_1] US President Donald Trump announced on Tuesday that America has finalised a trade agreement with Japan, which includes a 15 percent American tariff on Japanese imports and a $550 billion investment plan.Earlier, Trump had warned Japan about implementing a 25 percent tariff starting August 1 if negotiations failed. “We just completed a massive Deal
[ad_1] Tata Communications on Tuesday (July 22, 2025) said it has partnered with Amazon Web Services (AWS) to deploy an advanced, AI-ready long-distance network across India. The project, which is likely to involve a capital investment of about ₹430 crore from Tata Communications, is expected to be completed by the end of FY26, according to
[ad_1] General Motors reported second-quarter earnings Tuesday that beat Wall Street’s estimates and affirmed its full-year guidance, despite ongoing uncertainty from President Donald Trump‘s auto tariffs. Shares of the company fell 8%. While automakers have been hoping for relief on tariffs, Trump’s 25% levies on imported vehicles and many auto parts remain in effect. In
General Motors (GM) earnings Q2 2025 Read More »
[ad_1] A Kohl’s store in Pleasant Hill, California, on Nov. 25, 2024. Bloomberg | Bloomberg | Getty Images Shares of Kohl’s surged Tuesday in volatile trading that echoed the meme stock rallies of recent years. The legacy department store’s stock more than doubled from Monday’s close of $10.42 per share, only to see those gains
Kohl’s shares rise amid short interest, Reddit posts Read More »
[ad_1] Ozzy Osbourne attends a news conference to announce the “Ozzfest Meets Knotfest” music festival at the Hollywood Palladium in Los Angeles, U.S., May 12, 2016. | Photo Credit: File photo Ozzy Osbourne, frontman of 1970s heavy metal band Black Sabbath, earned his infamy biting the head off a bat on stage and pursuing a
Ozzy Osbourne, Black Sabbath’s bat-biting frontman, dies aged 76 Read More »
[ad_1] The Chevrolet display is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBC While Tesla remains the No. 1 electric vehicle manufacturer in the U.S. by a wide margin, General Motors said on Tuesday it has secured the No. 2 position and believes it has an “inherent
GM says EVs are its ‘North Star’ as legacy automaker chases Tesla Read More »
[ad_1] A man walks past shelves of Coca-Cola bottles and cans at a shopping mall in Lagos, Nigeria, on Nov. 5, 2019. Temilade Adelaja | Reuters Coca-Cola plans to introduce a version of its namesake cola made with cane sugar in the U.S. this fall, the company announced Tuesday. Coke has used high-fructose corn syrup
Coca-Cola to roll out cane sugar soda in U.S. Read More »
[ad_1] US president Donald Trump on Tuesday announced that the Philippines will pay a 19% tariff under a new trade agreement between the two countries.“It was a beautiful visit, and we concluded our trade deal, whereby the Philippines is going open market with the United States and zero tariffs. The Philippines will pay a 19%
[ad_1] Food aggregator Zomato’s parent firm Eternal’s stock price rose 10.34% to ₹299.8 on Tuesday, despite a 90% plunge in Q1FY26 net profit to ₹25 crore. The last time the stock was up the same quantum was on July 26, 2021, three days after it got listed. The stock’s performance assumes significance as among the
Eternal stock soars 10.34% despite plunge in Q1 net profit Read More »
[ad_1] Butlr heat sensing tech provides insights into office space utilization. Courtesy of Butlr A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and
Butlr body heat sensors make offices more efficient Read More »
[ad_1] Financial Services revenue grew 100% YoY to ₹561 crore. | Photo Credit: SAHIBA CHAWDHARY Paytm swung to a net profit of ₹122.5 crore for the quarter ended June 30 from a net loss of ₹840 crore logged in the year-earlier period. Revenue increased 28% to ₹1,917.5 crore. “Contribution profit increased 52% YoY to ₹1,151
Paytm swings to black with Q1 net of ₹122.5 crore Read More »
[ad_1] The Directorate of Revenue Intelligence (DRI) on Tuesday (July 22) uncovered a large-scale customs fraud involving the import of premium luxury furniture. Acting on specific intelligence, DRI officials carried out searches at several locations, including business premises, warehouses, offices of freight forwarders, customs brokers, and other related entities. The investigation has revealed a well-planned
DRI uncovers Rs 30 crore customs duty fraud in luxury furniture imports Read More »
[ad_1] BENGALURU: Online travel firm MakeMyTrip reported a 22.6 per cent year-on-year rise in net profit to $25.8 million for the quarter ended June 30, 2025, even as disruptions in May and June dented leisure travel demand. Revenue grew 7.8 per cent in constant currency terms to $268.8 million, supported by gains in bus ticketing
MakeMyTrip posts 22% profit growth despite travel headwinds in Q1 Read More »
[ad_1] As more farmers eye maize crop, the planting of the coarse cereal crop has seen an increase of 15 per cent across the country till the third week of July. Per the Agriculture Ministry data as of July 21, maize has been planted on nearly 71.21 lakh hectares (lh) this year compared to 61.73
Maize acreage up 15% till July 21, seen heading for a new high as farmers expand area Read More »
[ad_1] India is facing a sharp rise in cybercrime, with registered cases soaring from 27,248 in 2018 to 65,893 in 2022, marking a more than 140% increase in just five years. The data was released by the Ministry of Home Affairs in a written reply in the Lok Sabha. While the report was issued in
India grapples with soaring cybercrime as cases jump 140% in 5 years Read More »
[ad_1] The gross non-performing assets (NPAs) of public sector banks (PSBs) have seen a significant decline—from 9.11% of total loans in March 2021 to 2.58% in March 2025, according to Union Minister of State for Finance Pankaj Chaudhary. He shared this data in a written reply to the Rajya Sabha on Tuesday, crediting sustained government
Gross NPAs of Public Sector Banks drop sharply to 2.58% in FY25: Finance Ministry Read More »
[ad_1] istocksdaily | iStock | Getty Images Corporations are continuing to spend on business travel, but are being strategic about how they allocate those dollars amid ongoing trade uncertainties, according to new reports from the travel and expense platform Navan and the Global Business Travel Association. Corporate travel spending activity increased 15% year over year
Businesses cautious on travel spending as trade uncertainty looms Read More »
[ad_1] Coca-Cola on Tuesday reported quarterly earnings and revenue that topped analysts’ expectations as strong demand in Europe offset weaker volume in other markets. Shares of the company fell less than 1% in premarket trading. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG:
Coca-Cola (KO) Q2 2025 earnings Read More »
[ad_1] Finance Minister Nirmala Sitharaman informed the Rajya Sabha on Tuesday that loans amounting to Rs 28,996.15 crore have been sanctioned under the Stand-Up India scheme between April 2022 and March 2025. These loans have been extended to Scheduled Caste (SC), Scheduled Tribe (ST), and women entrepreneurs to promote enterprise development among marginalised communities. According
[ad_1] Fintech major One97 Communications, which operates under the Paytm brand, reported its first-ever consolidated net profit of Rs 122.5 crore in the quarter ended June 2025 (Q1 FY26), helped by cost optimisation and a rise in payment revenues, the company said in a statement on Tuesday.The firm had posted a net loss of Rs
[ad_1] A view of the logo of Rakuten Mobile at its branch in Tokyo, Japan, November 28, 2023. Staff | Reuters There’s a new player making waves in an industry dominated by big banks. Imprint, the 5-year-old credit card startup, beat out banks in a competitive bidding process for a new co-branded card from online
Credit card startup Imprint beats big banks for Rakuten co-brand deal Read More »
[ad_1] File picture: A farm worker plucks apples in an orchard in Budgam district of Central Kashmir | Photo Credit: S. Irfan A sudden hailstorm on June 2 battered apple and cherry orchards across more than a dozen fruit-rich villages in Kashmir, dashing the hopes of thousands of farmers. Abdul Gani, a well-heeled apple grower
[ad_1] India has emerged as a relatively safe haven among emerging markets amid ongoing global trade uncertainties, according to a recent report by JP Morgan.The financial major said India is benefiting from a combination of falling inflation, improved system liquidity, and reduced government borrowing—factors that are expected to support economic expansion, ANI reported. “India: Falling
India seen as safe haven amid global trade jitters, to lead 2025 growth: JP Morgan Read More »
[ad_1] The move comes as other major U.S. banks, including Bank of America and Citibank, are developing stablecoins [File] | Photo Credit: AP JPMorgan Chase is exploring plans to offer loans backed by clients’ cryptocurrency holdings, including bitcoin and ether, as early as next year, the Financial Times reported on Tuesday, citing people familiar with
JPMorgan considers offering loans backed by clients’ cryptocurrency holdings: Report Read More »
[ad_1] Jagdeep Dhankhar Resigns: Vice President Jagdeep Dhankhar tendered his resignation on July 21, citing health concerns and the need to prioritise personal well-being. The resignation, submitted to President Droupadi Murmu under Article 67(a) of the Constitution, takes immediate effect. Dhankhar expressed gratitude to the President, Prime Minister Narendra Modi, members of the Council of
Legacy of Jagdeep Dhankhar: A legal mind, a constitutionalist, and outspoken leader Read More »
[ad_1] OpenAI head Sam Altman praised the government for being the first to recognise the technology’s potential [File] | Photo Credit: REUTERS Britain and ChatGPT maker OpenAI have signed a new strategic partnership to deepen collaboration on AI security research and explore investing in British AI infrastructure, such as data centres, the government said on Monday.
ChatGPT-maker OpenAI and UK sign new strategic partnership Read More »
[ad_1] Asian markets hovered near a four-year high on Tuesday, supported by Wall Street’s record close and optimism around upcoming corporate earnings. Investors also tracked global trade developments, especially US tariff talks with key partners, Reuters reported.Japanese markets reopened after a holiday, reacting calmly to weekend election results where the ruling coalition lost in the
Asian stocks firm; Wall Street rally boosts sentiment; crude oil slips on trade worries Read More »
[ad_1] BENGALURU: Eternal-the listed parent of Zomato – posted a net profit of Rs 25 crore, an over 90% decline from Rs 253 crore in the year-ago period, due to increased investments in Blinkit and other emerging segments. Eternal reported a 70% year-on-year increase in consolidated revenue to Rs 7,167 crore for the quarter. [ad_2]
Zomato parent sees Q1 profit plunge 90% Read More »
[ad_1] The country’s leading branded jewellery maker Titan will acquire a majority 67% stake in UAE-based Damas Jewellery in an all-cash deal, a move which helps the Tata group-managed firm to expand business in GCC countries. Titan’s wholly-owned subsidiary Titan Holdings International FZCO on Monday signed a definitive agreement with Mannai Corporation for the purchase
Titan to acquire 67% stake in UAE-based Damas jewellery Read More »
[ad_1] Pepsi Prebiotic Cola. Courtesy: PepsiCo PepsiCo on Monday announced that it will launch a prebiotic cola under its namesake soda brand, starting this fall. Pepsi Prebiotic Cola comes just four months after the beverage giant announced its $1.95 billion acquisition of upstart Poppi. Soda consumption has broadly fallen over the past two decades in
Pepsi introduces prebiotic cola after Poppi acquisition Read More »
[ad_1] A FlexJet Gulfstream G450 airplane approaches San Diego International Airport for a landing on May 9, 2025 in San Diego, California. Kevin Carter | Getty Images News | Getty Images An investment group led by LVMH’s private equity arm is buying 20% of private jet company Flexjet, marking the latest push by the luxury
LVMH-backed L Catterton takes 20% Flexjet stake Read More »
[ad_1] As the restaurant industry aims to lure frugal consumers with discounts and deals, Domino’s Pizza thinks it can steal diners from its competitors. “I think the industry headwinds are actually tail winds for us. Meaning, of course, they’re headwinds, but we’re going to gain [market] share during this time frame,” CEO Russell Weiner told
CEO Russell Weiner discusses results Read More »
[ad_1] MUMBAI State Bank of India (SBI) said it has raised ₹25,000 crore through qualified institutional placement (QIP) of its equity shares, the largest QIP ever executed in the Indian capital markets. The equity shares were priced at premium to floor price of ₹811.05 per share. “The book received robust demand and was oversubscribed 4.5
SBI raises ₹25,000 crore via largest ever QIP Read More »
[ad_1] Vice President Jagdeep Dhankhar on Monday (July 21) officially resigned from his position, citing health concerns and the need to prioritise medical advice. The resignation came on the first day of the monsoon session of Parliament His resignation, submitted under Article 67(a) of the Indian Constitution which is effective immediately. In his resignation letter
Vice President Jagdeep Dhankhar resigns citing health reasons Read More »
[ad_1] Indian Vice President Jagdeep Dhankhar resigned on Monday, July 21, due to health issues and the advice of doctors. His resignation occurred just moments after he presided over the inaugural Monsoon session of the Rajya Sabha. The 73-year-old handed in his resignation letter to President Droupadi Murmu and appreciated being given the chance to
From courtroom to Constitution, how Jagdeep Dhankhar rose to Vice President of India Read More »
[ad_1] Vice President Jagdeep Dhankhar | Photo Credit: ANI Jagdeep Dhankhar has resigned from the post of the Vice President. With this, he will also not be the Chairman of the Rajya Sabha. His term as the Vice President was to end on August 10, 2027. “To prioritise health care and abide by medical advice,
Vice President Jagdeep Dhankhar resigns Read More »
[ad_1] The first joint satellite of the Indian and US space agencies is now set for launch. ISRO said on Monday that the NASA-ISRO Synthetic Aperture Radar (NISAR) will be launched by ISRO’s GSLV-F16 on July 30 at 5:40 pm from Satish Dhawan Space Centre (SDSC SHAR), Sriharikota. The mission has been in the works
ISRO to launch Indo-US joint mission NISAR on July 30 Read More »
[ad_1] India’s goods exports to the US increased by 22.8 per cent to $25.51 billion during April-June this fiscal year. (AI image) India-US trade deal: Amidst ongoing negotiations between India and the US, an American delegation is scheduled to visit India in August. India and the US are looking to seal an interim trade deal
[ad_1] Wall Street opened the week with modest gains on Monday, holding near record levels ahead of a packed calendar of corporate earnings, even as investors weighed the ongoing effects of US trade tariffs under President Donald Trump’s administration.The S&P 500 rose 0.3% in early trade, hovering just above the record it set last Thursday.
[ad_1] Employees’ Provident Fund Organization (EPFO) has published provisional payroll data for May 2025, showing a net addition of 20.06 lakh members, the highest ever addition since the tracking of payroll data commenced from April 2018. This number illustrates 4.79 per cent growth in net payroll additions in the current month compared to April 2025. In
[ad_1] Union Minister Mansukh Mandaviya | Photo Credit: – The Employees’ Provident Fund Organisation (EPFO) recorded a net addition of 20.06 lakh members for May 2025, marking the highest onboarding of workforce since payroll data tracking began in April 2018, the Ministry of Labour said on Monday. Of them, 9.42 lakh are new members; 5.60
EPFO records all-time high net member addition of 20.06 lakh in May Read More »
[ad_1] An employee handles one kilogram gold bullions at the YLG Bullion International Co. headquarters in Bangkok, Thailand, Dec. 22, 2023. Chalinee Thirasupa | Bloomberg | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future
How the rich invest in gold, from fractional bars to Swiss vaults Read More »
[ad_1] The central government is working on a roadmap for ethanol blending in the country, with a high-level committee likely to meet as early as this week, sources told Zee Business. The ethanol blending target may be raised to 27 per cent, they said. The development comes amid the central government’s push to promote ethanol
[ad_1] Indian equity markets remain among the most expensive globally despite recent corrections, according to a report by Nuvama Institutional Equities. The brokerage highlighted that India’s 12-month forward price-to-earnings (PE) ratio stands at 23.3 –the highest among major developed and emerging markets –and is 1.6 standard deviations above its 10-year average.The country’s 12-month forward price-to-book
[ad_1] China’s export restrictions on fertilisers to India represents one of the most severe instances of supply chain manipulation by Beijing. (AI image) India seems to have found an effective solution to China’s move of blocking fertilizer exports to India. In May-June, China abruptly escalated tensions regarding fertiliser exports by stopping inspections of shipments destined
[ad_1] On Monday, July 21, the Monsoon session of Parliament started with the members of Lok Sabha paying tribute to victims of the Pahalgam terror attack and the Air India AI-171 plane crash. The Lok Sabha MPs observed a two-minute silence to pay homage to people who lost their lives in the tragic incidents. Earlier
[ad_1] Prime Minister Narendra Modi, Union Home Minister Amit Shah, Leader of Opposition Rahul Gandhi were among those present in the House. Lok Sabha witnessed noisy protests by opposition parties seeking a discussion on Operation Sindoor on the first day of the Monsoon session on Monday, leading to adjournment of the proceedings till 12 noon.
Lok Sabha adjourned till 12 noon amid Opposition protests Read More »
[ad_1] A view of the Bombay Stock Exchange in Mumbai. File | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty dropped in early trade on Monday (July 21, 2025), but buying in the blue-chip stocks ICICI Bank and HDFC Bank helped the markets recover all the early lost ground. The 30-share BSE Sensex declined
[ad_1] Asian stocks held steady on Monday, while Wall Street futures stayed firm ahead of key earnings reports from major tech companies.The Japanese yen also remained stable, as investors brushed off the weekend election results that weakened Prime Minister Shigeru Ishiba’s ruling coalition.The outcome, though unfavourable for the government, had already been factored into markets,
Asian markets steady; yen holds firm after Japan vote setback; oil prices edges higher Read More »
[ad_1] NEW DELHI: Continuing its tirade against mining heavyweight Anil Agarwal‘s Vedanta group, US-based Viceroy Research has alleged that the group’s semiconductor unit was a “sham commodities trading operation”, designed to avoid classification as an NBFC, a charge the conglomerate called baseless.The short seller, which last week published a scathing report about Vedanta Group and
Viceroy calls semiconductor unit of Vedanta a ‘sham op’ Read More »
[ad_1] MUMBAI: A lot is happening over food. From Theobroma to Haldiram’s and Biryani By Kilo, investors (investment firms and corporates alike) are lining up to take a bite of India’s food (captures packaged food as well as food services like QSR) and beverages (F&B) space.A broader sluggishness in consumption had slowed down the pace
Investors seek a bite of food & beverages pie Read More »
[ad_1] To give a fresh boost to Assam’s dairy sector, the state government on Sunday introduced a new subsidy scheme offering Rs 5 per litre of milk to dairy farmers. Chief Minister Himanta Biswa Sarma launched the initiative at a programme in Guwahati, where he also laid the foundation stone for expanding the Panjabari plant
[ad_1] Former ICICI Bank CEO Chanda Kochhar. | Photo Credit: PTI The Appellate Tribunal under the Prevention of Money Laundering Act has found a “prima facie case” in the matter allegedly involving the former Chief Executive Officer of ICICI Bank Chanda Kochhar and others. In a recent order partially confirming the Enforcement Directorate’s asset attachment,
Appellate Tribunal upholds ED’s attachment of Chanda Kochhar’s assets Read More »
[ad_1] Reducing the fatalities on road and efficiency in disposal of e-challans besides other reforms through electronic enforcement of road safety along with reforms in urban planning and others will help States to get funds under Scheme for Special Assistance to States for Capital Expenditure (SASCI), officials told businessline. Total corpus under this scheme is
[ad_1] India’s electronics exports surged by 47 per cent in the April-June quarter of FY26, reaching USD 12.41 billion, with the US, UAE, and China emerging as the top destinations, commerce ministry data showed. The United States alone accounted for a dominant 60.17 per cent share, followed by the UAE (8.09 per cent), China (3.88
[ad_1] Image used for representative purpose only. | Photo Credit: Mohammed Yousuf The U.S., UAE, and China have emerged as the top three export destinations for India’s electronics sector during April-June quarter of 2025-26, according to the Commerce Ministry data. The Netherlands and Germany are other major export destinations for the country’s electronic exports. During
India’s electronics exports jump 47% in Q1; U.S., UAE, China top destinations Read More »
[ad_1] Wegovy injection pens arranged in Waterbury, Vermont, US, on Monday, April 28, 2025. Shelby Knowles | Bloomberg | Getty Images For well over a decade, Grace Hamilton, 27, experienced hair loss, heavy periods, infrequent menstrual cycles, mental health issues and difficulty losing weight without knowing why. It wasn’t until 2021 when she was diagnosed
Weight loss drugs could help treat PCOS Read More »
[ad_1] This is an AI-generated image, used for representational purposes only. India is inching closer to a major milestone in its semiconductor journey, with the country expected to produce its first commercial-scale, made-in-India semiconductor chip this year. Union electronics and IT minister Ashwini Vaishnaw made the announcement on Saturday while addressing the 14th convocation ceremony
[ad_1] In the high-profile money laundering case involving former ICICI Bank CEO Chanda Kochhar, the Appellate Tribunal under the Prevention of Money Laundering Act (PMLA) has upheld the Enforcement Directorate’s (ED) appeal challenging an earlier order that had refused to confirm the provisional attachment of Kochhar’s assets. The Tribunal dismissed technical objections raised by Kochhar
[ad_1] Prime Minister Narendra Modi will undertake official visits to the United Kingdom and the Republic of Maldives from July 23 to 26, 2025. At the invitation of the Prime Minister of the United Kingdom, Keir Starmer, Modi will visit the UK from July 23 to 24, which will be his fourth visit to the
PM Narendra Modi to visit UK, Maldives from July 23–26 Read More »
[ad_1] Heavy Rain Warning: The India Meteorological Department, commonly known as IMD, on Sunday issued an orange alert for nine districts of Kerala, warning of heavy rains. These districts include Ernakulam, Idukki, Thrissur, Palakkad, Malappuram, Kozhikode, Wayanad, Kannur, and Kasaragod. At the same time, a yellow alert has been issued for Pathanamthitta, Alappuzha and Kottayam districts. In view
Heavy Rain Warning: IMD issues orange alert in Kerala, schools shut in Kasaragod Read More »
[ad_1] The total number of fake firms detected by Central and State GST officers during the first quarter of FY-26 stood at 3,558, less than 3,840 such entities detected in the same quarter of FY25. File | Photo Credit: Getty Images/iStockphoto “Goods and Services Tax (GST) officers have uncovered fake Input Tax Credit (ITC) claims
[ad_1] Union Finance Minister Nirmala Sitharaman introduces Income Tax Bill in Lok Sabha, in New Delhi on February 13, 2025. | Photo Credit: ANI A report of the parliamentary committee set up to scrutinise the new Income Tax Bill, 2025, which would replace the six-decade old Income Tax Act, is scheduled to be tabled in
[ad_1] US President Donald Trump’s administration on Saturday imposed new restrictions on flights from Mexico. It also warned of ending the long-standing partnership between Delta Air Lines and Aeromexico, in retaliation to limits imposed by the Mexican government on passenger and cargo flights into Mexico City in recent years.“Joe Biden and Pete Buttigieg deliberately allowed
[ad_1] Blackstone has pulled out of a consortium aiming to invest in TikTok’s US operations, adding to growing uncertainty around the deal, sources told Reuters on Friday.The investment group, led by Susquehanna International Group and General Atlantic, both existing investors in TikTok’s parent company ByteDance, had been seen as the front-runner to acquire majority control
[ad_1] IOC, BPCL see 255% hike in payouts to Centre, benefiting from 65% crash in crude rates. | Photo Credit: REUTERS Over the last five years, the Union government has nearly doubled the dividends it has received from public sector companies to ₹74,000 crore, with an analysis by The Hindu showing it relies heavily on
PSU dividends to Centre almost double since 2020; over 40% comes from five fuel PSUs Read More »
[ad_1] State-owned Central Bank of India on Saturday (July 19, 2025) posted a 33% growth in net profit at ₹1,169 crore during the first quarter of this financial year, aided by improvement in core income and decline in bad debts. The Mumbai-based bank had earned a net profit of ₹880 crore in the same quarter
Central Bank of India Q1 net profit rises 33% to ₹1,169 crore Read More »
[ad_1] The domestic wind energy sector has voiced operational concerns regarding a recent draft amendment by the Ministry of New & Renewable Energy’s (MNRE) towards boosting domestic manufacturing. The draft mandates rapid localisation of key wind turbine components for inclusion in the Revised List of Models and Manufacturers (RLMM). Industry players said a phased
Wind industry players call for phased approach in government’s localisation timeline Read More »
[ad_1] A logo of Union Bank of India. File | Photo Credit: Reuters State-owned Union Bank of India on Saturday (July 19, 2025) reported a 12% rise in net profit to ₹4,116 crore during the first quarter of this financial year. The Mumbai-based lender had earned a net profit of ₹3,679 crore in the same
Union Bank of India logs 12% rise in net to ₹4,116 crore in Q1 Read More »
[ad_1] The Independent Expert Working Group (IEWG) constituted by the Telangana Government to study the Socio-Economic, Education, Employment, Political and Caste Survey (SEEEPC survey) has submitted a 300-page report with its findings to Chief Minister A Revanth Reddy. The findings of the survey will help the government in formulating policies and streamlining and bettering existing
Expert Working Group submits findings Read More »
[ad_1] The Telangana police have busted a fake call centre to dupe people in India and the United States in the guise of offering credit card and digital payment support and arrested nine persons. The police seized 22 mobile phones, 10 laptops, several headsets and VoIP (Voice over Internet Protocol) equipment. Telangana police seize phones,
Telangana cops bust fake call centre racket Read More »
[ad_1] HDFC Bank on Saturday declared its first-ever bonus issue, approving a 1:1 allotment ratio under which shareholders will receive one fully paid-up equity share of face value Rs 1 for every one equity share held. This marks a historic first for India’s largest private sector lender since its inception.The bank’s board has fixed Wednesday,
[ad_1] Himachal Pradesh Chief Minister, Sukhvinder Singh Sukku has welcomed the verdict of the supreme court which enforced an 18% royalty on JSW Energy in connection with the Karcham-Wangtu hydroelectric project “The Honourable Supreme Court has delivered a verdict in favour of the people of Himachal regarding the hydroelectric project. Now the state will receive
[ad_1] According to DEET Telangana, students, graduates and the unemployed can explore job opportunities from 1,007 companies, after enrolling on deet.telangana.gov.in. A file photo of a job fair in Hyderabad for representational purpose only. | Photo Credit: The Hindu DEET Telangana, the digital employment exchange of the State government, is keen on engaging with more job
1,000 firms onboard Digital Employment Exchange of Telangana Read More »