Report’s findings show a significant turnaround in banking efficiency from FY15 to FY26. MUMBAI: A report published by the PM Economic Advisory Council has called for further consolidation of banks to create a few large institutions of similar size without compromising competition, as reforms over the past decade have sharply improved banking efficiency and reduced…
The company said Rs 75 crore was in transit and credited after the deadline. MUMBAI: Zee Entertainment Enterprises has asked the Securities Appellate Tribunal for a one-day extension to complete a warrant subscription by its promoter entity, after part of the funds due arrived late. The company told SAT that about Rs 75 crore of…
Anant Goenka also flagged challenges faced by pharma companies in registering their products in Japan. TOKYO: Ficci president Anant Goenka Tuesday said businesses have flagged concerns over current bilateral trade deal between India and Japan, which has resulted in widening of trade deficit since it was signed, and access to market here and suggested changes…
Goyal also met a bunch of portfolio investors, including MUFG, Development Bank of Japan (DBJ), Mizuho, Morgan Stanley, Nomuraand Nippon Life. TOKYO: Amid concerns over some certification requirements, commerce and industry minister Piyush Goyal Tuesday said that BIS (Bureau of Indian Standards) and his ministry will work out a framework to support high-tech industries looking…
Wars are now hitting more than 43% of the world’s oil supply More than 43% of the world’s oil now comes from countries caught in wars, attacks and export curbs. Countries hit by the disruptions produced about 45 million barrels of oil a day in 2025, according to Reuters calculations based on IEA data.The figure,…
Will Venezuela, which has suddenly made its way to the list of India’s top crude suppliers be able to step up? The turmoil in global crude oil markets that began in March refuses to die down. Even as the US looks to tighten its noose on Iran with economic blows, a new bill empowering the…
Sugar prices cool 18% after hitting record high Sugar prices are cooling down after hitting a record Rs 67 per kg last week, with ex-mill rates now falling 18% to Rs 55 per kg.Food secretary Sanjeev Chopra attributed the drop to the government’s recent decision of allowing sugar imports and action against hoarding and speculation….
Part of the concern is that blacklisting Chinese companies could trigger another economic confrontation between Washington and Beijing. (Reuters file photo) The Donald Trump administration’s road to economically choke Iran will have to go through China – if it wants to cripple the Middle East country. However, with a fragile trade peace in place between…
Employers have already spent the past year grappling with the prospect of a $100,000 H-1B payment. H-1B visas, one of the popular talent entry routes into the US for Indians, will soon come at an over 6-digit figure cost. The Donald Trump administration on Monday issued a proposed regulation that would make permanent an unprecedented…
Bitcoin hit $81,237.94, its highest level since mid-May, during Asian trading on Tuesday. Bitcoin crossed $80,000 for the first time since mid-May on Tuesday, extending its recent rally as a weaker US dollar and expectations of a more supportive policy environment boosted demand for cryptocurrencies.The world’s largest cryptocurrency climbed as high as $81,237.94 in Asian…
File photo: A man walks past the Reserve Bank of India (RBI) logo outside its headquarters in Mumbai (Picture credit: Reuters) The Reserve Bank of India likely intervened in the foreign exchange market on Tuesday to protect the rupee from pressure caused by elevated oil prices and sustained corporate demand for dollars, four traders told…
Trump and Musk had rocky ties with Musk having worked in White House but then having a public spat with now two being on talking terms again US President Donald Trump reportedly invested between $15,001 and $50,000 in Elon Musk’s SpaceX in June, according to a financial disclosure that reveals a new financial link between…
Rupee slips to 95.74 against US dollar Rupee remained largely range-bound on Tuesday, but weakened 4 paise to 95.74 against the US dollar in early trade, as higher crude prices and dollar demand from importers put pressure on the currency.The currency opened at 95.74 at the interbank foreign exchange market, compared with Monday’s close of…
Mumbai only Indian city in global Work From Anywhere Index Mumbai, long known for its Bollywood glitz, Marine drive charm and dream-city vibe, is now emerging as a destination for professionals looking to work from anywhere. The city has become the only Indian entry in IWG’s 2026 Work From Anywhere Index, scoring 77 and ranking…
Trump’s 50% tariff net catches 550+ Canadian goods Honey, makeup, Christmas decorations and a host of other everyday products have fallen victim to the latest US-Canada trade crossfire.More than 550 Canadian goods are now facing a steep 50% US tariff that came into force on Saturday. The list also includes kitchenware, smartphones, golf equipment, cosmetics,…
Top stocks to buy today on August 25, 2026 Stock market recommendations: Jindal Steel, Bajaj Auto, Engineers India, and NMDC – these have been recommended as the top stocks to buy today on August 25, 2026 by Somil Mehta, Head of Retail Research, Mirae Asset ShareKhan:Buy Jindal Steel at CMP; Stop Loss: Rs 1106 on…
Oil prices continue to soar Oil prices remained steady on Tuesday after sliding more than 2% the previous day, with investors weighing the potential impact of tougher US sanctions on Iran against ongoing risks to oil supplies.Brent crude gained 0.09% to $92.25 a barrel while WTI crude was 0.35% up to $85.31 a barrel.The two…
India’s PLFS 2026 to count gig, platform workers separately for first time NEW DELHI: In a first, India’s official statistical machinery is likely to provide data on the digital and platform-based workers in the upcoming annual periodic labour force survey (PLFS), a move which will help policymakers assess the true scope and nature of the…
Govt reopens AI/ML vendor empanelment, looks to expand tech partner pool for Digital India projects NEW DELHI: Govt is looking at widening its pool of technology partners for artificial intelligence (AI) and machine learning (ML) projects, with the ministry of electronics and IT reopening empanelment of agencies that can deploy AI/ML resources across govt programmes.The…
