Latest News, Updates & Breaking Headlines
Starbucks, one of the world’s biggest coffee chains, has finally agreed to hand over about $35 million to more than 15,000 New York City workers after claims that shifts were slashed without warning and schedules kept in constant flux. The announcement landed on Monday, just hours before Mayor-elect Zohran Mamdani and US Senator Bernie Sanders…
TOI correspondent from Washington: In the predatory world of American artificial intelligence, where top engineers command salaries in the millions and signing bonuses rival small fortunes, Apple Inc has taken a big bite out of Microsoft and Google. The iPhone giant on Monday announced the hiring of Amar Subramanya, a Bengaluru-educated Google veteran who briefly…
Markets have been taking a breather with profit booking in focus after hitting recent record highs. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in red on Tuesday on weak global cues. While Nifty50 was above 26,150, BSE Sensex was near 85,500. At 9:24 AM, Nifty50 was trading…
HSBC has a buy on GAIL with the target price at Rs 235. Analysts said that the Petroleum and Natural Gas Regulator Board (PNGRB) issued an interim order increasing pipeline tariff by 12% against GAIL’s demand for 33%, with the final order deferred to 2028. While this order disappointed investors in near term, analysts believe…
NEW DELHI: Manufacturing activity softened in Nov as export orders eased due to the impact of US tariffs while job creation in the sector slowed to a 21-month low, a survey showed on Monday. Registering 56.6 in Nov, the HSBC India Manufacturing Purchasing Managers’ Index (PMI) was above the neutral mark of 50.0 and its…
MUMBAI: Amazon India, a late entrant to the quick commerce space, is speeding up expansion of its 10-minute delivery service after rivals Zepto and Swiggy’s Instamart (they are bigger in terms of quick commerce growth, share and reach) lined up new funding to grow market share in the cash-guzzling sector. In Oct, Zepto bagged $450…
MUMBAI: India’s current account deficit narrowed to $ 12.3 billion, or 1.3% of GDP, in the Sept quarter, improving sharply from $20.8 billion, or 2.2% of GDP, a year earlier. The deficit, however, deteriorated quarter-on-quarter from $2.4 billion, or 0.2% of GDP, recorded in the June quarter. For the first half of FY26, the gap…
NEW DELHI: The deep differences in the Indian car industry over proposed relaxations in CO2 emissions limits in the new CAFE norms, which are to kick in from April 2027, are out in open with Maruti Suzuki, seen to be a major gainer, accusing “makers of some large gas guzzlers” of spreading “false narratives… (and)…
NEW DELHI: Diesel sales jumped to six-month high in Nov as the cut in GST (goods and services tax) rates boosted festive season demand, leading to increased industrial and commercial activities, industry data showed on Monday.Diesel consumption, an indicator of economic activities, rose 4.7% to 8.5 million tonnes during the month, posting the highest gain…
NEW DELHI: Seeking to ensure that prices of sin goods such as tobacco products and pan masala do not fall after withdrawal of GST compensation cess, finance minister Nirmala Sitharaman on Monday moved two bills that will empower govt to levy excise duty on tobacco and tobacco products, while imposing health and national security cess…
