Latest News, Updates & Breaking Headlines
Donald Trump (File photo) The TOI correspondent from Washington: US President Donald Trump’s blunt declaration that America “doesn’t have certain talents” detonated an epic meltdown across MAGA circles on Wednesday, with his Fox News interview that touched on the subject of H1-B visas and foreign students exposing a widening chasm between the MAGA boss and…
The finance ministry has directed public sector banks (PSBs) to ramp up lending to micro, small and medium enterprises (MSMEs) and the agriculture sector while maintaining healthy growth in low-cost deposits and ensuring strong risk management, according to an official statement issued on Wednesday.Chairing a performance review meeting with bank chiefs, Department of Financial Services…
Small businesses across the United States that rely on federal contracts and funding are facing a severe cash crunch as the country’s longest-ever government shutdown stretches into its seventh week, forcing owners to cut costs, delay payments, and even consider layoffs, according to AP report.Lawmakers are returning to Washington to vote on a stopgap funding…
Infosys, India’s second-largest IT services company, is gearing up for its biggest-ever share buyback worth Rs 18,000 crore, with November 14, 2025, set as the record date to determine eligible shareholders, according to an ET report.The Bengaluru-headquartered company will repurchase 10 crore equity shares, representing 2.41% of its paid-up capital, at Rs 1,800 per share…
Artificial intelligence firm Anthropic on Wednesday unveiled an ambitious $50 billion plan to build a new network of data centres in collaboration with UK-based Fluidstack, signalling its intent to expand rapidly as global demand for AI infrastructure surges, AFP reported.The facilities — to be built initially in Texas and New York –will form the foundation…
The decision aims to facilitate the auctioning of mineral blocks containing caesium, rubidium and zirconium. In a move aimed at boosting the production of critical minerals in the country, PM Narendra Modi-led Union Cabinet on Wednesday approved the rationalization of royalty rates of graphite, caesium, rubidium and circonium minerals. These minerals are critical for green…
Many working professionals, even those who plan meticulously for their financial goals, give NPS a miss. The reasons are a clutch of misconceptions that refuse to go away. (AI image) NPS myths busted! When it comes to building a retirement corpus, few instruments are as efficient, disciplined and tax-friendly as the National Pension System (NPS)….
India’s fast-growing Global Capability Centre (GCC) ecosystem — which already employs 1.9 million professionals — is set to create an additional 2.8 to 4 million jobs by FY30, according to a new report by TeamLease. But as expansion accelerates, the study warns, operators will face an increasingly complex regulatory and compliance environment, PTI reported.The report,…
The Export Promotion Mission will consolidate multiple schemes into a single mechanism. (AI image) Prime Minister Narendra Modi-led Union Cabinet on Wednesday approved an Export Promotion Mission (EPM) with an outlook of Rs 25,060 crore. The move assumes significance at a time when India’s exports to the US face a penal 50% tariff. Additionally, the…
US stocks edged higher on Wednesday, with benchmark indices inching toward record levels as easing worries over the government shutdown and a rebound in technology shares buoyed investor sentiment, according to an AP report.The S&P 500 rose 0.2% in early trade, nearing its all-time high from two weeks ago, while the Dow Jones Industrial Average…
