India’s organised sector added 1.45 million net to its formal jobs in March 2025, marking a 1.15% rise during the same month last year, as per the provisional payroll data released by the ministry of labour and employment on Wednesday.The data, compiled by the Employees’ Provident Fund Organisation (EPFO), tracks employment trends across firms employing…
Since joining Tesla in 2017, Vaibhav Taneja rose through the ranks. Vaibhav Taneja, the chief financial officer of Elon Musk-led Tesla, is in the news. The 47-year old Indian origin executive has garnered significant attention after his compensation details were revealed on Tuesday.Taneja received $139 million in 2024, which notably exceeds the pay of top…
The restructuring plan, which received approval from ABFRL’s board in the previous year, entails the separation of the Madura Fashion and Lifestyle (MFL) division into a newly established entity — ABLBL (AI image) Aditya Birla Fashion and Retail demerger: ABFRL shares experienced a substantial decline of 67% to Rs 88.80 on the NSE during Thursday’s…
Asian equities slumped on Thursday, mirroring Wall Street’s sharp losses from the previous day, as concerns over the US economy weighed heavily on investor sentiment. Pressure on US Treasuries continued, amid fears that Donald Trump’s push for new tax cuts could further inflate the already massive federal deficit.Shanghai reversed yesterday’s gains trading at 3,385.6, down…
Gold price prediction: What is the outlook for gold and silver today and for the next few days? (AI image) Gold and silver price prediction: MCX Gold and MCX Silver have been volatile in the last few days with geopolitical events and Donald Trump’s tariff related developments weighing on investor sentiment.While gold is traditionally a…
India’s economy has remained resilient even as global economic growth continues to be weighed down by ongoing trade tensions, uncertain policies and muted consumer sentiments, the Reserve Bank of India, said in its latest report.The apex bank said that even though the temporary pause in tariffs provided some relief amid ongoing headwinds, the overall outlook…
The global supply of critical minerals essential for clean energy technologies is becoming increasingly concentrated in a handful of countries, particularly China, posing a significant risk to global economic stability, according to a report released Wednesday by the International Energy Agency (IEA).The Paris-based agency’s “Global Critical Minerals Outlook” highlights the strategic vulnerabilities stemming from the…
Top stocks to buy today (AI image) Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group, Computer Age Management Services, and ONGC are the top buy calls for today, while Bosch is a sell call.Here’s his view on Nifty, Bank Nifty and the top stock…
The Reserve Bank of India (RBI) has issued draft guidelines to streamline and standardize the procedures for issuing gold loans by banks and non-banking financial companies (NBFCs).These proposals aim to bring uniformity in gold loan practices and enhance transparency for borrowers.According to Sahil Kumar Gaba, National Manager-Gold Loan at Ujjivan Small Finance Bank, the RBI…
India’s imports of Russian crude oil are set to reach nearly 1.8 million barrels per day in May, the highest in 10 months, according to ship tracking data from Kpler, as domestic refiners ramp up purchases of lighter Russian grades like ESPO Blend.Strong demand from the world’s third-largest oil consumer is expected to continue into…
