The Times of India - Business (6 hours ago)
US employers added a robust 115,000 jobs in April, surpassing expectations despite global economic uncertainty from the Iran conflict. The unemployment rate held steady at 4.3%. Healthcare and transportation sectors saw significant hiring, while manufacturing experienced job cuts. This resilient labor market suggests the Federal Reserve may hold...
ReadThe Times of India - Business (8 hours ago)
India's foreign exchange reserves experienced a significant drop of $7.794 billion, reaching $690.693 billion in the week ending May 1. This decline, primarily driven by a fall in foreign currency assets and gold reserves, follows a previous decrease. The central bank's intervention in the forex market to support the rupee is a key factor behind...
ReadThe Times of India - Business (9 hours ago)
India's state-run oil companies are absorbing nearly Rs 30,000 crore in monthly losses to maintain stable petrol, diesel, and LPG prices amidst soaring global energy costs. This financial burden arises from crude oil price surges and supply disruptions in West Asia, with the government prioritizing consumer protection.
ReadThe Times of India - Business (9 hours ago)
Wall Street stocks surged on Friday, with the S&P 500 and Nasdaq nearing record highs, buoyed by stronger-than-expected US jobs data. Despite ongoing Middle East tensions and oil price concerns, positive corporate earnings from companies like Monster Beverage and Akamai Technologies also fueled the rally, indicating economic resilience.
ReadNDTV - Business (9 hours ago)
The BCCI issued a strongly worded seven page advisory to the IPL teams flagging repeated breaches involving unauthorised hotel room access, late-night player movements, owner interference in restricted areas, and dugout violations involving phones and vapes during IPL 2026.
ReadThe Times of India - Business (10 hours ago)
India has successfully navigated the Middle East crisis, ensuring stable fuel supplies and uninterrupted maritime operations. Despite global price surges, consumers are shielded through excise duty cuts and increased domestic production. State-run oil companies are absorbing significant daily losses to maintain current prices, while Indian...
ReadThe Times of India - Business (10 hours ago)
India's labor market is shifting from agriculture to non-farm jobs, yet agriculture remains a significant employer. While overall labor force participation is steady, stark gender, caste, and geographic inequalities persist, impacting access to stable, better-paying work. Informality continues to dominate, with a substantial portion of casual...
ReadThe Times of India - Business (11 hours ago)
IPO-bound Hero FinCorp is strategically leveraging AI for future growth, alongside focusing on 'Aspiring India' households and asset inclusion. The NBFC aims to raise approximately Rs 3,700 crore through its public offering. The company is utilizing AI for a real-time predictive risk intelligence system and to enhance customer service,...
ReadThe Times of India - Business (11 hours ago)
At its core, gratuity continues to be a statutory payment made by an employer when the employee exits after meeting certain conditions. In most cases, employees need to complete five years of continuous service with the same employer to become eligible.
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