US stocks hovered near record levels on Thursday even as oil prices climbed again amid renewed tensions linked to the Iran conflict, with strong corporate earnings continuing to support investor sentiment.The S&P 500 slipped 0.1 per cent from its record high reached a day earlier, reported AP. The Dow Jones Industrial Average fell 219 points,…
Nomination determines the individual entitled to receive statutory dues and benefits in the event of unforeseen circumstances. (AI image) As India moves towards implementing the four labour codes, pursuant to the notification of the final central rules on 8 May 2026, much of the attention has been on wages, working hours and social security. However,…
The US economy grew at a slower pace than initially estimated in the first quarter of 2026, with consumer spending and investment revised downward, government data showed on Thursday, AFP reported.Gross domestic product (GDP) in the world’s largest economy expanded at an annual rate of 1.6 per cent during the January-March period, according to the…
Exports of mangoes to Japan require a phytosanitary certificate issued by the Directorate of Plant Protection, Quarantine & Storage in Faridabad. (AI image) In a big setback for Indian mango exports, Japan has reportedly stopped importing fresh mangoes from India for the current season. The move has effectively disrupted shipments of Indian mango varieties widely…
Not happy with how your salary slip looks? You’re not alone. Turns out, only 29% of employees in India are actually satisfied with their pay packets.The rest? Well, they’re already preparing for the annual ritual of asking for a hike, right as rising living costs keep quietly shrinking that salary before the month even ends,…
The world’s wealthiest families are reassessing their dependence on the US dollar amid rising geopolitical tensions and growing concerns over sovereign debt, Reuters reported citing UBS’s Global Family Office Report 2026.The survey by the Swiss bank found that nearly two-thirds of family offices expect confidence in the US dollar as a global reserve currency to…
NEW DELHI: Air travellers should brace for higher domestic fares and fewer flights this summer.Air India, AI Express and IndiGo will together remove about 250 domestic flights per day from June to August as operating costs spiral on rising jet fuel prices and a weakening rupee amid slowing demand.Airlines say discretionary travel is among the…
In recent days, petrol and diesel prices have gone up by around Rs 7.5 per litre, increasing daily costs for consumers. This has once again sparked a familiar debate, are oil marketing companies (OMCs) making windfall gains amid the Middle East crisis?At the centre of this discussion is a headline number, a combined profit of…
Did your last grocery bill feel a little heavier than usual? From shampoo bottles to your morning biscuits, everyday essentials are set to get costlier, as a conflict unfolding thousands of kilometres away continues to ripple through global supply chains. Essential consumer goods are set to become costlier in the near term, as companies grapple…
NEW DELHI: Cabinet Wednesday approved the Rs 25,530 crore Sarthak Public Distribution System (PDS) scheme, aimed at modernising the country’s food distribution network, which currently supports nearly 80 crore beneficiaries.I&B minister Ashwini Vaishnaw said the initiative would provide assistance to state agencies for intra-state movement of food grains, while also modernising and strengthening PDS network…
