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Most government offices, banks and financial markets across the United States will remain closed on New Year’s Day, while major retailers and grocery chains are largely set to stay open, often with modified hours, the AP reported.Retailers are expected to use the holiday to offer discounts on older inventory ahead of new stock arrivals. However,…
NEW DELHI: The Directorate General of Civil Aviation (DGCA) has issued a show cause notice to Air India for operating a Boeing 787 between Japan and India in June 2025, despite snags. One flight — Tokyo (Haneda) to Delhi — had to be diverted to Kolkata due to the cabin getting uncomfortably hot at the…
MUMBAI: Prism, the parent company of Oyo, has filed draft IPO papers with markets regulator Securities and Exchange Board of India (SEBI) through the confidential route, people aware of the matter said, making its third attempt at going public. The company is seeking to raise up to Rs 6,650 crore through fresh issues of shares…
The government on Wednesday kept interest rates unchanged on various small savings schemes, including Public Provident Fund (PPF), National Savings Certificate (NSC) and Sukanya Samriddhi Yojana, for the seventh consecutive quarter starting January 1, 2026, PTI reported.In a notification, the finance ministry said the interest rates for small savings schemes for the fourth quarter of…
US stocks were largely steady in light trading on the final day of 2025, as investors wrapped up a year marked by strong gains driven by optimism around artificial intelligence, alongside lingering concerns over inflation and valuations, AP reported.Early in Wednesday’s session, the S&P 500 was flat, while the Dow Jones Industrial Average slipped 47…
Warren Buffett stepped down as chief executive of Berkshire Hathaway today, bringing to an end one of the longest and most influential leadership runs in modern corporate history.The transition, announced earlier this year at Berkshire’s annual shareholders’ meeting, hands day-to-day control to vice-chairman Gregory Abel from January 1. Buffett, now 95, will remain chairman and…
India is projected to record high economic growth despite a volatile and unfavourable external environment, supported by strong domestic consumption and investment, Reserve Bank of India Governor Sanjay Malhotra said on Wednesday, PTI reported.“Maintaining financial stability and strengthening the financial system remains our north star,” Malhotra said in the foreword to the latest Financial Stability…
Apart from the draft rules, the government has also published a list of FAQs on what the new labour codes mean, definition of wages, gratuity calculation etc. (AI image) New Labour Codes: The Ministry of Labour has pre-published draft rules under new labour codes on Wednesday. These draft rules are open for public consultation, and…
The Centre’s fiscal deficit stood at Rs 9.76 lakh crore at the end of November, accounting for 62.3% of the full-year budget estimate for 2025-26, government data released on Wednesday showed, PTI reported.The deficit was higher than the 52.5% recorded during the same period last year, reflecting a faster pace of expenditure relative to revenue…
The Union cabinet on Wednesday approved highway projects worth Rs 20,668 crore, including a six-lane greenfield Nashik–Solapur (Akkalkot) corridor in Maharashtra and the widening and strengthening of NH-326 in Odisha.The largest approval is for the 374-km Nashik–Solapur (Akkalkot) corridor, cleared at a cost of Rs 19,142 crore. The project involves construction of a six-lane access-controlled…
