The proposed five-day work week would increase working hours from Monday to Friday by 40 minutes to compensate for the additional day off. The Finance Ministry has reportedly dismissed claims that it had agreed to the implementation of a five-day work week for banks, saying there was no such commitment from the ministry.The clarification comes…
The builder claimed that the reference to it paying the stamp duty had been included by mistake. (Image for representative purpose only) You sign an allotment letter for a property which indicates that the stamp duty and registration costs will be borne by the builder. But, at the time of the sale agreement he backtracks….
India draws record $94.5 billion FDI in FY26 India’s investment and manufacturing push has clocked record gains, with Foreign Direct Investment (FDI) reaching a record $94.53 billion in 2025-26, commerce and industry minister Piyush Goyal said on Friday.The latest annual inflow has taken India’s cumulative FDI receipts between 2014 and 2026 to $843 billion, Goyal…
PB Fintech shares hit multiple circuit limits during Thursday’s session before ending 36% lower at a 52-week low. PB Fintech share price today: PB Fintech, the parent company of Policybazaar, suffered its steepest-ever single-day fall on Thursday, with the stock plunging 36% and wiping out around Rs 31,430 crore from the company’s market value. The…
The panel has chosen not to use the term “blacklisting” for the action. Instead, the IITs will describe it as “non-cooperation”. Campus hiring is one of the most popular ways to get jobs at the entry level. But companies sometimes do not honour their job offers.The Indian Institutes of Technology (IITs) have decided to stop…
Crude prices ease marginally on hopes of US-Iran truce Oil prices eased marginally on Friday after a volatile week, as markets weighed hopes of a possible US-Iran truce against renewed risks to Saudi Arabia’s oil infrastructure. WTI crude fell 1.09 points, or 1.15%, to $93.52 a barrel, while Brent crude declined 0.78 points, or 0.73%,…
MUMBAI: Rising global bond yields, a spike in crude oil prices and a weak overnight US market closing took a toll on Dalal Street on Thursday. As investors sold off, sensex closed 1,247 points or 1.7% down at 73,581 points, a more than three-month closing low. Financial stocks, which stand to be hit most by…
MUMBAI: Oil prices have shot up to $114 a barrel from below $85 in June and July, exposing India to multiple shocks as trade, technology and energy risks increasingly reinforce one another, chief economic adviser V Anantha Nageswaran said on Thursday.Speaking at the SBI Banking and Economics Conclave, Nageswaran said India’s imported crude basket had…
MUMBAI: The board of market regulator Sebi on Thursday decided to allow foreign funds in the non-agri commodity derivatives segment provided all contracts that are not based on indices are cash settled. For index-based derivatives, there are no such barriers. Allowing foreign portfolio investors (FPIs) in this segment was one of the main demands of…
MUMBAI: The rupee weakened by 26 paise to settle at 95.99 against the US dollar on Thursday, dragged by a surge in crude oil prices and a strong greenback amid geopolitical uncertainties. According to forex traders, the domestic currency was also weighed down by heavy selling in domestic equity markets as investors moved toward risk…