Latest News, Updates & Breaking Headlines
File photo (Picture credit: AP) Asian equities edged higher on Wednesday following signs that the US government shutdown could end soon and amid data pointing to a cooling jobs market, which has raised expectations of a Federal Reserve interest rate cut. Markets, however, remain cautious on technology stocks after a year of strong AI-driven gains.In…
MUMBAI :Hotel room demand will outpace supply between FY25 and FY28, despite a 5–6% annual rise in premium room additions according to rating agency Icra. Occupancies are projected to rise 200 basis points to 72–74% in FY26, with average room rates increasing 3–6% to Rs 8,200–8,500. Demand is expected to expand 8–10% annually. “India’s premium…
NEW DELHI: Political leaders across parties expressed grief and shock after at least eight people were killed and several others injured in a car explosion near gate number 1 of Red Fort Metro Station on Monday. Urging the government to conduct a thorough and time-bound investigation into the incident.Union home minister Amit Shah reacting to…
The US Citizenship and Immigration Services (USICS) has started issuing Requests for Evidence (RFEs) demanding payment of the newly imposed $1,00,000 H-1B visa fee. These RFEs issued by USICS has triggered confusion and concerns among the immigration attorneys and employers. This move made by USICS follows the presidential proclamation made in September this year. For…
Delhi residents portesting against air quaility in national capital (ANI) NEW DELHI: As air quality in the national capital continues to plunge, several Delhi residents gathered at India Gate on Sunday demanding that the government take concrete policy measures to curb the city’s persistent air pollution crisis. Aam Aadmi Party (AAP) leader Priyanka Kakkar also…
Rural India continues to drive the country’s consumption rebound, outpacing urban markets despite recent policy measures aimed at stimulating city-based spending, according to Motilal Oswal Financial Services Ltd. (MOFSL).According to MOFSL’s latest ECOSCOPE report titled “Rural Rules, Urban Follows,” rural consumption rose 7.7 per cent year-on-year in the second quarter of FY26 — the highest…
BENGALURU: Britannia Industries is gearing up for a “lull before the storm”, as described by executive vice chairman and MD Varun Berry, ahead of a renewed push for volume-led growth amid stabilising GST rates and improving demand. The company expects growth to accelerate from the Dec quarter, with Berry indicating that organised players like Britannia…
China’s latest trade data shows exports fell in October, following months of front-loading US-bound orders to get ahead of President Donald Trump’s tariffs, with the sharp drop in shipments to the United States. The figures highlight China’s continued reliance on American buyers even as it tries to grow other markets.Government data published on Friday show…
Mumbai: State Bank of India expects corporate credit growth to accelerate in the coming quarters, supported by a Rs 7 lakh crore pipeline of loans. Chairman CS Setty said the bank anticipates at least 10% growth in corporate lending over the next two quarters, even as corporates continue to make large pre-payments.Setty said repayments in…
India’s fuel exports drop India’s fuel exports dropped 21% month-on-month in October as refiners prioritised domestic demand during the festive season and redirected supplies to cover gaps caused by Hindustan Petroleum Corporation Ltd’s (HPCL) refinery outage. Exports remained constrained for Nayara Energy due to sanctions.Fuel shipments fell to 1.25 million barrels per day (bpd) in…
