Business

Apple shares edged lower on Tuesday, slipping 1%, as the company confirmed a leadership transition that will see Tim Cook step down as chief executive on September 1. After stepping down as the CEO, Cook is set to move into the role of executive chairman, handing over the reins to John Ternus, a long-time company…

The ongoing crisis in the Middle East has triggered ripples for economies and sectors across the globe. Even so, India’s economy still appears firm, with only a few early signs of pressure, according to a recent report by HDFC Bank’s treasury research team.The report, Macro Billboard: 40 Charts, Early Signals dated April 20, 2026, says…

India faces greater exposure. It depends heavily on the Gulf region not just for crude oil but also for liquefied petroleum gas. (AI image) India and China, among the largest economies in Asia, may well be staring at a supply problem for their energy needs as the Middle East conflict drags on. Asia’s biggest crude…

Donald Trump, left, and Kevin Warsh US President Donald Trump on Tuesday said he would be disappointed if his nominee for Federal Reserve chair, Kevin Warsh, does not cut interest rates right away after taking office if confirmed by the Senate. Trump, during an interview with CNBC’s “Squawk Box,” also said “we have to find…

NEW DELHI: Nestle India reported a 26% increase in net profit to Rs 1114 crore on its highest ever domestic sales of Rs 6,445 crore for the fourth quarter ended March 31, 2026, led by premiumisation, penetration and higher ad spends.“This performance was powered by double-digit volume growth, driven by over 50% increase in advertising…

Fresh negotiations between India and the United States are underway in Washington, DC this week, with officials indicating that a long-running effort to seal a bilateral trade agreement is nearing completion.A senior US official, responding to queries on the progress of the talks, said, “The Trump administration and India continue to have positive and productive…

US stocks moved higher on Tuesday, as investors remained optimistic over a possible extension of the US-Iran ceasefire. Markets showed early strength, with the Dow Jones Industrial Average rising 0.56% or 279 points to 49,721.56 around 8 pm IST. The S&P 500 inched up 0.2% to 7,129, while the Nasdaq Composite gained 96 points or…

National and festival holidays are largely decided at the State level. Employers are expected to follow notified holiday lists. (AI image) Leave is often seen as a simple workplace benefit – an approved absence from work. In reality, it is one of the more structured and regulated aspects of employment in India. With the implementation…

MUMBAI: Public sector insurers led by GIC Re and New India Assurance have anchored the Bharat Maritime Insurance Pool with commitments exceeding the targeted $100 million, while a $1.5 billion sovereign backstop from the govt remains central to its capacity to underwrite large risks. The pool aims to enable sea trade with countries in the…