ECB hikes interest rate by 25 bps, first since 2023 to tame Iran war inflationThe European Central Bank raised its benchmark interest rate by a quarter point to 2.25 percent, marking its first hike since 2023. This mo...
Mahindra's SUV output dips up to 15% in June amid supply chain worker crunch; XUV 7XO, Thar production hitMahindra & Mahindra is experiencing a significant drop in SUV production. A shortage of contract workers is affecting key parts suppliers. ...
Worst is behind, demand recovery underway for Indian textile sector as tariff woes ease: ReportIndia's textile industry is seeing a comeback as uncertainty over US tariffs has ended. Global demand is getting better. This brings new ho...
Pvt sector reposing faith in economy, capex cycle showing signs of revival: Punjab National Bank CMD Ashok ChandraPrivate sector investment is reviving. Companies are borrowing more for expansion and infrastructure. Punjab National Bank (PNB) sanctioned...
SpiceJet funding crunch delays pilot pay, messages show, as it seeks state-backed loanSpiceJet is delaying pilot salaries since March, seeking an emergency government loan to stabilize operations amid rising fuel costs and re...
ECB to hike rates as Mideast war pushes up inflationThe European Central Bank is poised to raise interest rates for the first time in two and a half years, driven by escalating inflation fuel...
RBI's rate-setting panel starts deliberations, policy announcement on FridayThe RBI's Monetary Policy Committee (MPC) began its three-day meeting on Wednesday, with most economists expecting the central bank to keep...
MLA Priyank Kharge meets Congress chief Mallikarjun Kharge ahead of June 3 Karnataka cabinet swearing-inKarnataka Congress MLA Priyank Kharge met party chief Mallikarjun Kharge in the national capital. DK Shivakumar will be sworn in as Chief M...
India's CPI inflation expected to rise to 4.8% with crude oil averaging USD 90/bbl in FY27: ReportForecasts indicate that by FY27, India’s inflation could hit 4.8%, driven by crude oil prices projected at USD 90 per barrel. Factors such ...
Jane Street may take Singapore route to sort out India tax rowWith the Income Tax (I-T) department questioning the tax benefits it had claimed, the Wall Street firm is understood to be working on initi...
India, US signal thaw as Jaishankar and Rubio hold candid talks to re-energise relationsIndia and the US are working to strengthen their relationship. Discussions covered trade, energy security, and terrorism. Both nations are ...
No broadcaster for World Cup? What FIFA’s India standoff could really costAs FIFA gears up for the 2026 World Cup, it encounters a broadcasting conundrum in India. Following a surge in online viewership during the...
Soaring inflation and plummeting economy test Iran's ability to withstand war and US blockadeIran faces severe economic hardship due to war and US sanctions. Prices for essentials like food and medicine have surged. Job losses and b...
M&M profit surges 42%, but auto margins remain flatMahindra & Mahindra reported a strong 42% jump in net profit for the fiscal fourth quarter. Growth was seen across its automotive, farm equ...
Iran war could drag India's GDP growth to 6.5% this fiscal, says CII president Rajiv MemaniIndia's economic growth forecast for this fiscal year is around 7 percent. This projection depends on the Iran war ending soon. If the conf...
Pakistan's economy gasps as Middle East war ignites double-digit inflationPakistan's economy faces a grim future with inflation expected to stay high. Soaring oil prices and regional conflict are straining the nat...
India seeks Mythos access; Eternal's strong Q4Happy Wednesday! India is in talks with Anthropic and the US government to give homegrown companies access to Mythos. This and more in toda...