Logistics company Delhivery on Wednesday announced a consolidated net loss of Rs 50.38 crore for the quarter ending September 2025, compared with a profit of Rs 10.20 crore during the same period last year.The company’s operational revenue for Q2 FY26 rose 16.9% to Rs 2,559.3 crore from Rs 2,189.7 crore in Q2 FY25. Revenue from…
Canada has announced a new accelerated immigration pathway for H-1B visa holders as part of the 2025 Federal Budget, aiming to attract skilled workers and strengthen the country’s innovation and research sectors. The initiative targets professionals affected by the recent US H-1B visa fee increases and seeks to fill labour shortages in healthcare, advanced technology,…
India’s fuel exports drop India’s fuel exports dropped 21% month-on-month in October as refiners prioritised domestic demand during the festive season and redirected supplies to cover gaps caused by Hindustan Petroleum Corporation Ltd’s (HPCL) refinery outage. Exports remained constrained for Nayara Energy due to sanctions.Fuel shipments fell to 1.25 million barrels per day (bpd) in…
Investors who started a monthly SIP of Rs 10,000 in some of India’s top equity mutual funds 25 years ago would have turned their investments into crores today, according to an analysis by ETMutualFunds. The study covered 36 equity mutual funds that have completed 25 years in the market, excluding hybrid, sectoral, and thematic schemes,…
The Delhi High Court on Tuesday ruled that expatriates working in Indian companies must become members of the Employees’ Provident Fund Organisation (EPFO) and contribute to the fund regardless of their income levels.The court upheld amendments to the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952, as well as the Centre’s 2008 and 2010 notifications…
Strong RBI dividend to help stabilise finances The recent rationalisation of Goods and Services Tax (GST) rates is likely to create a net revenue loss of around 0.1 per cent of GDP in the current financial year. However, this shortfall may be compensated by the higher dividend payout from the Reserve Bank of India (RBI),…
On the eve of a closely watched Supreme Court hearing, US President Donald Trump warned that the case could determine the country’s very survival — labeling it as a “life or death” situation for America’s economic and national security.In a post on Truth Social, Trump said the hearing would decide whether the United States remains…
Small SUVs have emerged as the biggest winners from the Centre’s recent tax cuts, with their share in total passenger vehicle (PV) sales climbing to 30.4 per cent in the first 10 months of 2025. In contrast, hatchbacks saw their share decline to 21.9 per cent over the same period, according to industry wholesale data…
The real bottleneck is benchmarking and adjusting the NAV for expenses. (AI image) Sebi’s proposal for expense ratios to be charged on the basis of the performance of a scheme is interesting but experts are not impressed. They feel it is difficult to implement and could even be unfair to certain investors. The real bottleneck…
AI image used for representative purposes Following improved India-China relations, the authorities, including the International Financial Services Centre Authority (IFSCA), are evaluating a banking sector proposal to enable International Banking Units at Gujarat International Finance Tec City (GIFT City) to conduct transactions in offshore renminbi (CNH).GIFT City operates as a global financial services hub, serving…