The Times of India - Business (4 hours ago)
Jan Suraksha programmes have paid out nearly Rs 25,160 crore in claims over a decade, with millions enrolled in life cover, accident insurance, and pension schemes. Finance Minister Nirmala Sitharaman highlighted the success of PMJJBY, PMSBY, and APY in providing affordable social security, especially for vulnerable sections.
ReadThe Times of India - Business (7 hours ago)
Foreign investors are significantly reducing their stake in Indian equities, with FII ownership hitting a multi-year low. Concurrently, domestic institutional investors, particularly mutual funds fueled by SIPs, are increasing their holdings, absorbing much of the foreign selling and reshaping market ownership.
ReadThe Times of India - Business (8 hours ago)
Union Minister Piyush Goyal met with luxury giants LVMH and L'Oreal to boost India's manufacturing, exports, and investments. Discussions centered on expanding production, nurturing local talent, and integrating Indian culture into global luxury supply chains. The talks also explored new avenues for India's beauty and personal care sector,...
ReadThe Times of India - Business (9 hours ago)
China's exports surged 14.1% in April, significantly exceeding expectations and bolstering the nation's economy despite global uncertainties. This strong performance precedes a crucial meeting between US and Chinese leaders, where trade tensions and other disputes are expected to be discussed. Analysts anticipate continued export-driven growth for...
ReadThe Times of India - Business (11 hours ago)
President Trump's "Project Freedom" to escort ships through the Strait of Hormuz lasted only 48 hours, leaving thousands of vessels stranded. Despite US military guidance for two ships, the operation was paused due to ongoing dangers, with shipping executives unwilling to risk passage without a proven peace accord.
ReadThe Times of India - Business (11 hours ago)
A young Indian student's innovative app for the visually impaired has earned global recognition, highlighting India's burgeoning developer talent. Apple sees immense potential in India's vibrant tech scene, with Indian developers increasingly achieving global success through the App Store. This growth is supported by dedicated Apple centers...
ReadThe Times of India - Business (11 hours ago)
Air India has assured employees there will be no layoffs despite significant losses exceeding Rs 22,000 crore last fiscal due to various "black swan events." However, annual increments will be deferred by at least a quarter, and employees are urged to cut discretionary spending to manage costs in the uncertain economic climate.
ReadThe Times of India - Business (12 hours ago)
Banks are urging the government to redefine affordable housing by updating property value and size thresholds to account for inflation and rising interest costs. Current limits, set years ago, no longer reflect the market realities, impacting the accessibility of homeownership for many.
ReadThe Times of India - Business (14 hours ago)
Soaring crude oil prices, averaging $105.4 a barrel, are straining oil companies' finances as they sell fuel below cost. Despite government excise duty cuts, losses are unsustainable. Experts suggest gradual price hikes and innovative strategies to manage the transition to renewables while supporting companies' investments and the macroeconomy.
ReadThe Times of India - Business (14 hours ago)
The West Asia conflict is prompting the Indian government to accelerate its renewable energy transition, including potentially increasing ethanol blending in petrol. This strategic shift aims to bolster domestic resilience and reduce reliance on volatile global energy supplies, alongside expanding refining capacity and strategic petroleum reserves.
ReadThe Times of India - Business (20 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 (22 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 (23 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 (23 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 (23 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 (A day 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 (A day 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 (A day 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 (A day 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.
ReadThe Times of India - Business (A day ago)
Gold prices surged on Friday, driven by robust spot demand and fresh speculative buying. Across major Indian cities, retail rates for 22K, 24K, and 18K gold saw an uptick. Futures contracts for August delivery on MCX climbed, mirroring a stronger global sentiment for the precious metal. This rally reflects increased trader confidence and...
ReadThe Times of India - Business (A day ago)
Air India assures employees no layoffs are anticipated despite financial strain from the Middle East conflict. However, annual salary increments will be deferred by at least a quarter. CEO Campbell Wilson urges a "laser sharp focus" on cost reduction, eliminating waste, and suspending discretionary spending to navigate these challenging times. ...
ReadThe Times of India - Business (A day ago)
Indian equity markets experienced a downturn Friday, with both Sensex and Nifty closing lower. Renewed military tensions near the Strait of Hormuz dampened investor sentiment, leading to profit-booking across various sectors. While IT stocks showed resilience, PSU banks were significantly impacted. Global markets also reflected cautious sentiment.
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