The RBI on Wednesday slashed key interest rate by 25 basis points, for the second time in a row, to support a shuttering economy hit by reciprocal tariffs imposed by the US. Following the rate cut, the key policy rate eased to 6 per cent providing relief to home, auto and corporate loan borrowers.
Matt Renshaw feels he figures way down in the Australian selection pecking order for the opener's slot.
Rising for the sixth consecutive session, gold prices rallied Rs 1,000 to hit yet another record high of Rs 105,670 per 10 grams in the national capital on Monday, lifted by expectations of a rate cut by the US Federal Reserve this month and robust demand in overseas markets.
'It must become faceless, just as the entire direct tax assessment system has already become fully online, without any human intervention in the normal course,' recommends A K Bhattacharya.
Uttar Pradesh's leading export hubs are reeling under the impact of a steep 50 per cent tariff imposed by the US on Indian imports, with exporters warning of job losses, stalled orders and shrinking market access. Industry leaders from Noida, Kanpur and Varanasi said the tariff has put years of painstaking market-building at risk, even as protests and demonstrations erupted in several districts last week.
The Trump administration has announced a massive increase in H-1B visa fees, imposing a $100,000 annual charge that will fundamentally alter how American companies hire skilled foreign workers, particularly impacting Indian IT professionals who comprise the largest group of beneficiaries.
Microsoft Corp said on Wednesday it would cut 7,800 jobs and write down about $7.6 billion related to its Nokia handset business, which it acquired in 2014.
France today increasingly resembles the Italy of the past, when governments fell with bewildering regularity, prime ministers came and went in rapid succession, and political instability became the norm rather than the exception, point out Krishnan Srinivasan and Manoj Mohanka.
While Nishaanchi is not a homerun for Kashyap, there's enough joy in this audience pleaser, notes Mayur Sanap.
Heavy overnight rainfall caused widespread flooding in Kolkata, disrupting traffic, public transport, and daily life. Train and Metro services were suspended, and many areas experienced significant waterlogging.
Did you know that CVs without a cover letter, or with irrelevant and outdated details, are often discarded within the first 10 to 20 seconds?
'Famine in Gaza is not a failure of logistics or aid. What is to blame is deliberate starvation caused by a brutal war.' 'Any child dying in a war zone is a vote of no confidence against humanity.'
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Kotak Mahindra Bank chief Uday Kotak has assured that there will not be "any dramatic" reduction immediately in the number of employees following the merger of ING Vysya Bank.
"Commonwealth Games in India would leave lasting impact by boosting tourism, and creating jobs, the Government said in a statement.
'Discontent is deepest among young people.' 'They are weary of inequality, exclusion, and empty promises.'
Ravichandran Ashwin on Tuesday expressed disappointment over Shreyas Iyer's exclusion from the Asia Cup squad
Among Sensex firms, Tata Steel, BEL, Adani Ports, Tata Consultancy Services, Tech Mahindra, Bharti Airtel, HCL Technologies, Trent, Mahindra & Mahindra, Reliance Industries, UltraTech Cement and Larsen & Toubro were the major gainers. However, Power Grid, HDFC Bank, ICICI Bank, Hindustan Unilever were among the laggards.
With the financial crisis ebbing, the pace of vanishing employment has come down in recent months as against an average of a whopping 9,000 job losses daily in the beginning of this year.
Hampshire-based De La Rue, which produces over 150 currencies around the world, faced production difficulties after employees allegedly falsified paper test certificates for the Reserve Bank of India, which has been its biggest client.
The cheeky young man who once gave me one-word answers grew into a philosophical, detached star yet remained simple and humble, never letting stardom steal his heart, notes Rediff's Shobha Warrier who first interviewed the Dadasaheb Phalke Award winner in 1987.
Reserve Bank of India (RBI) Governor Sanjay Malhotra said the repo rate cut in the February meeting of the monetary policy committee (MPC) was due to inflation aligning with the target and recognising the fact that monetary policy is forward-looking.
State governments have requested the Centre for export incentives, lifting of import duty in the case of cotton for the textile sector and GST exemptions.
You can't be the second-most expensive market in the world and deliver just 10 per cent EPS growth, points out Akash Prakash.
'I've done an incredible job with my fitness. I've done an incredible job with my physiotherapy, so I've maximized on everything that I possibly can do.'
An interesting excerpt from Virender Kapoor's latest book Inspiring India: Taking India from Big to Great.
Gaurav Batra, founder and CEO Infinite Group, suggests smart tips to help you reduce living and transportation costs while studying in the US.
The Karur tragedy has exposed the huge gaps in Vijay's understanding of realpolitik, elections and political administration, asserts N Sathiya Moorthy.
'People ask me about my biggest action sequence; this is it, because it involved two giants of Indian cinema.'
The deal fell through over unresolved disagreements over contentious issues, mainly on agriculture and automotive sector tariffs.
The foreign degree no longer sells itself, families are doing the math, and for many, the numbers just don't add up.
Charles Prince, chief executive officer, Citigroup has vehemently denied reports that the banking major is planning to shed thousands of jobs and focus outside North America for growth and termed it as 'press voyeurism'.
'Can Gautam Gambhir almost look at being serious about picking 20 wickets as much as he feels about depth in batting?'
While TCS cited evolving business needs and future readiness as reasons, industry experts say the action is a cost-cutting measure aimed at improving operating margins that have remained below the firm's aspirational range despite multiple efforts.
'That way you're not hostage just to US sort of exports to India.'
The crisis may not be as visible this time, but the stakes are just as high, points out Rajeswari Sengupta.
The MiG-21's sharp silhouette and supersonic roar will live on in the memories of those who flew it, those who maintained it, and those who watched it streak across the sky as a symbol of India's strength, asserts IAF veteran Air Commodore Nitin Sathe (retd).
The industry has requested the Reserve Bank of India for restructuring of loans, the chairman said. According to estimates, the sector has a loan burden of about Rs 1 lakh crore (Rs 1 trillion).
In the era of uber-stylish batters, Pujara was that glue that held the Indian batting together for a decade between 2013-14 till 2023 over a period of 100 plus Test matches.
After startups and Big Tech, the layoff season may have begun at the $245 billion Indian information-technology (IT) industry. Bengaluru-based IT major Wipro is looking to cut hundreds of jobs, targeting mid-level employees working onsite as the company looks to improve margins, according to a media report, citing two sources. The company has said it is aligning its business and talent to the changing market environment.
Unlike the TVF shows that manage to mine humour and nostalgia for family bonds that are seen to be fraying in real life, the ordinariness of Bakaiti becomes its stumbling block, observes Deepa Gahlot.
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