Business

For IT professionals, the path to higher salaries is changing. The Indian IT sector is in the midst of an employment flux – hiring, firing, and increment trends are fast changing. The advent of artificial intelligence has rendered some roles redundant while also introducing newer job positions for specialised talent.The phase is marked by slower…

The proposed bill would empower US President to levy tariffs on countries that purchase large volumes of crude oil from Russia. India faces the fresh prospect of being levied up to 100% tariffs if the Donald Trump administration is able to get a new Russian sanctions bill cleared and the US President exercises the power…

N Chandrasekaran’s decision was prompted by the failure of his proposed extension to receive unanimous approval. (Reuters file photo) In its first reaction to N Chandrasekaran’s move to step down as Tata Sons Chairman, Tata Trusts said it respects the decision. In a statement issued on Thursday, the trust said its nominee directors received an…

Earlier this week, Parliament cleared amendments to the Payment and Settlement Systems Act, 2007. A Parliamentary panel has called for the early rollout of a calibrated Merchant Discount Rate (MDR) on high-value digital transactions. According to the panel the framework is essential to make the payments ecosystem financially viable and reduce the government’s subsidy burden.Earlier…

Since April 1, when E20 became the only petrol available, concerns among consumers have increased. Amid the raging debate on impact of ethanol-blended E20 petrol on cars, internal communications exchanged among auto industry executives reveal concerns on fuel contamination.The rollout of E20 petrol has sparked dissatisfaction among motorists, with hundreds claiming the fuel has lowered…

MCX Gold has initiated a bullish bias following a breakout from the consolidation. Gold and silver price prediction today: Both gold and silver prices are showing a bullish bias over the last few sessions, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. MCX Gold Price Outlook MCX Gold has initiated a…

Rupee began the session in red, falling 7 paise against the greenback Rupee came under pressure in early trade on Thursday, slipping 7 paise to 95.40 against the US dollar amid elevated crude oil prices and geopolitical uncertainty. The currency opened at 95.40 at the interbank foreign exchange market, after closing the previous session at…

India is bolstering its energy security by planning strategic reserves of crude oil (representative image) NEW DELHI: India is looking to expand its strategic petroleum reserves with new facilities at Bina in Madhya Pradesh and Bikaner in Rajasthan, besides adding storage capacity at Mangalore, to strengthen the country’s energy security against supply disruptions.According to a…

Stock market today: Analysts flag crude oil, inflation and geopolitical risks as key market drivers Analysts said elevated crude oil prices and uncertainty around global developments were weighing on investor sentiment. Vinod Nair of Geojit Investments said markets remained on edge ahead of key inflation readings in India and the US, with investors closely watching…

Oil prices fall over $1 as weak demand outlook weighs on market, Iran war keeps supply worries alive Oil prices slipped by more than $1 on Thursday as a weaker outlook for global demand put further pressure on the market, while supply disruptions linked to the Middle East conflict continued to limit the fall. Global…