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US carriers spent $6. 5B on fuel in April; global profit forecast is cut nearly in halfAirlines are facing a fuel price shock. U.S. carriers spent over six billion dollars on jet fuel in April, a significant jump from last yea...- Buy, Sell or Hold: Elara Capital initiates buy on Bharti Airtel; Goldman Sachs has buy rating on IndigoBrokerages remained positive on select telecom, aviation and banking largecaps despite near-term macro uncertainties. Elara Capital initiat...
- From trickle to torrent: Hormuz reopening may trigger a global oil floodThe reopening of the Strait of Hormuz could trigger a faster-than-expected recovery in global oil supplies. With tankers already positioned...
- India Inc hikes prices, shrinks packs as Iran war squeezes marginsIndian businesses face mounting pressure from soaring oil, freight, and insurance costs. Companies are increasing prices and reducing produ...
- AAP in Punjab orders private schools to refund fees increased beyond 5%, says Arvind KejriwalPunjab has enacted a new law to control private school fee increases. The government has capped annual fee hikes at five percent. Schools t...
- Forget rising fuel costs, Delhi-NCR apartment residents may soon face higher maintenance billsHousing societies across NCR are reassessing maintenance charges after revised minimum wages significantly increased manpower costs for sec...
- Volatility as opportunity, depends on framework of mind: 5 mid-caps from different sectors with upside potential of up to 31%The Indian stock market is no longer correcting only because of sentiment. It is now adjusting to the possibility of weaker numbers in the ...
- JetBlue flags higher fuel costs as Iran conflict drags onFuel price volatility has prompted airlines across the globe to hike passenger fares and baggage fees to recover higher costs, as well as c...
- Indian banks' profitability to ease this fiscal on lower treasury gains, ECL provisions: CrisilIndian banks will see a slight dip in their return on assets this fiscal. This is due to lower treasury income and early provisions for a n...
- Listed new-age internet firms brace for a costly ride as war clouds mathThe March quarter was largely stable for companies, with most firms reporting revenue growth in line with expectations and improving operat...
- Gold eases as US-Iran tensions cloud interest rate outlookGold prices dipped as escalating U.S.-Iran tensions fueled oil price surges, sparking inflation worries and casting a shadow over the Feder...
- Listed brokers, exchanges rake in profits even as war clouds lingerIndia's listed brokers and exchanges reported robust March quarter earnings, driven by a surge in Margin Trading Facility (MTF) and a favor...
- QSR chains face margin pressure, not demand shock: Karan Taurani on fuel and LPG impactRising fuel and LPG prices are impacting India's consumption landscape unevenly. While some sectors like QSR face margin compression due to...
- Income rising but savings shrinking? CA explains the ‘middle class trap’ hurting salaried workers but they don't even knowA LinkedIn post by Bengaluru-based CA Meenal Goel has sparked discussion online after she described how many salary hikes today barely keep...
- 'Traffic jam on Mount Everest': Think Manali is crowded? World’s highest peak just saw record 274 climbers reaching summit in one single dayA record 274 climbers reached the summit of Mount Everest from the Nepali side on Wednesday, marking the highest number of single-day ascen...
- Global Market: Japan inflation slows sharply, but energy risks cloud outlookJapan's core inflation eased to a four-year low in April, driven by government subsidies. However, rising energy costs due to the Iran conf...
- Delhi Chakka Jam live updates: Why drivers are on strike today in NCR; Check areas affected in Delhi, Noida, Gurugram, Ghaziabad and NCRDelhi Chakka Jam News: A three-day transport strike has started today across Delhi-NCR. Commercial vehicle drivers are protesting rising fu...
- Petrol, diesel’s second price hike in 5 days leaves common man concerned about price burdenPetrol and diesel increased by approximately 90 paise per litre across India. Citizens expressed widespread disappointment, highlighting th...
- France says ‘Bonjour’ to more Indian students but with a higher price tagAs visa hurdles rise in traditional study destinations, Indian students are increasingly turning to France. While easier visas and English-...
- Petrol, diesel price hike impact: From milk, onions, Blinkit deliveries to Uber fares & others, here's all that may get costlierPetrol, diesel price hike impact: Centre’s Rs 3 per litre hike in petrol and diesel prices may not feel massive immediately, but its ripple...
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