Prime Minister Narendra Modi’s visit to Haryana, Chandigarh and Punjab on Friday will see the rollout of development projects worth over Rs 24,800 crore, spanning highways, railways, healthcare and education. The itinerary includes the flagging off of India’s first hydrogen-powered train, alongside the inauguration of completed projects and the laying of foundation stones for new…
Escalating military tensions between the United States and Iran continued to lift oil prices on Friday, putting crude benchmarks on track for their biggest weekly gains in three months as markets assessed the risk of further supply disruptions in the Middle East.Around 7 am IST, Brent crude was trading at $85.34 a barrel, up $1.11,…
Srini Pallia, CEO & MD, Wipro Bengaluru: Wipro struck a cautious note on near-term demand after reporting a modest June-quarter performance compared with its larger peers, saying clients continue to prioritise AI investments while remaining selective on discretionary spending.For the quarter ended June, Wipro’s IT services revenue stood at $2.6 billion, down 1.4% sequentially but…
Representative image (File photo) MUMBAI: RBI has barred defaulting borrowers from buying back properties acquired by lenders to satisfy a defaulter’s debt, tightening norms for resolution of stressed accounts under its new directions effective Oct 1, 2026.Defaulters and their related parties, as defined under the Insolvency and Bankruptcy Code, 2016, cannot repurchase such assets from…
NEW DELHI: Rising fuel prices and increased consumer interest in electric mobility have prompted JSW MG Motor India to double down on its new-energy vehicle strategy. Managing director Anurag Mehrotra said passenger vehicle EV penetration, which had slipped below 4% at the start of 2026, crossed 8% in June as higher fuel costs and growing…
NEW DELHI: In a major boost for India’s semiconductor startup policy, govt is redesigning its support framework under Semicon 2.0 and intends to move away from one-time grants to a model of larger, milestone-linked funding coupled with equity investments, alongside venture capital (VC) firms.On Wednesday, the cabinet approved Semicon 2.0 with an outlay of Rs…
NEW DELHI: India is aiming to get 10 crore foreign tourist arrivals (FTAs) by 2047, which will contribute 10% to the country’s theme expected GDP of $30 trillion. This is the aim set by Federation of Associations in Indian Tourism and Hospitality (FAITH), the apex policy body of India’s tourism sector. FAITH chairman Puneet Chhatwal…
Cyberattack hits Japan’s ice cream giant Glico after KFC, disrupts sushi and supermarket deliveries (Image/X) A cyberattack on one of Japan’s largest refrigerated warehouse operators has disrupted the supply of ice cream, fast food and supermarket products across the country, affecting companies including Ezaki Glico, KFC Japan and Kura Sushi.Ezaki Glico, the maker of popular…
During FY2025-26, India’s imports from China reached nearly $132 billion. (PTI photo) Aiming to reduce dependence on imports and overseas supplies, India is looking to give a fresh push to its domestic manufacturing plans. The government is preparing to strengthen domestic manufacturing for products which currently account for imports worth $51 billion, according to sources…
Experts note that the lack of adequate skills is not altogether the problem – it’s the job market. H-1B visa holders returning to India due to layoffs or uncertainties pertaining to the Donald Trump administration’s immigration policies and tighter visa guidelines are facing a harsh reality – jobs back home are not readily available.US technology…