Every 15 days, bundles of fresh moringa leaves leave farms in Dharmapuri for Singapore and Dubai, bringing farmers a steady income that many say is more reliable than traditional crops.Farmers in the district, particularly in Palacode and surrounding villages, say exporters have begun buying directly from them and sending consignments overseas.“We sell the moringa for…
MUMBAI: After months of resilience, there are early signs of investing fatigue among retail mutual fund investors. In May, as the stock market showed extreme volatility—thanks to the war in West Asia—net inflows into equity funds fell to the lowest level in more than a year at, Rs 22,908 crore. On a month-on-month basis, this…
US inflation rises to highest level in nearly 3 years The consumer price index increased 4.2% in the 12 months through May, boosted by surging prices for energy products amid the West Asia conflict, and giving more ammunition for the Federal Reserve to keep interest rates unchanged into 2027. This was the largest gain since…
MUMBAI: Banks have begun passing on benefits from the Reserve Bank of India’s free hedging window to non-resident customers, pushing up Foreign Currency Non-Resident (Bank) deposit rates and, in the process, reopening a tidy arbitrage between offshore borrowing costs and onshore returns.Meta taps RIL for AI data centre capacityMeta taps RIL for AI data centre…
Form 26AS and AIS are consolidated tax statements available through a taxpayer’s e-filing account. (AI image) ITR filing FY 2025-26: Form 26AS, Annual Information Statement (AIS), Form 16 are some of the most important documents that salaried taxpayers should keep handy and cross-check before filing their income tax return.First, let’s understand what Form 26AS is…
NEW DELHI: Meta has signed its first artificial intelligence data centre deal in India, partnering with Reliance Industries on a 168-megawatt facility in Jamnagar, Gujarat, as technology companies race to secure the computing infrastructure needed to power AI applications.The agreement deepens a relationship that began with Meta’s $5.7 billion investment in Jio Platforms in 2020…
MUMBAI: Tata Consumer Products, which began as a tea joint venture with British firm Finlay, has crossed Rs 20,000 crore in annual revenues, marking what chairman N Chandrasekaran called the completion of its transformation into a multi-category consumer goods group.The company has built its newer “growth” businesses —packaged foods, pantry staples and ready-to-drink beverages —…
MUMBAI: The Fifa World Cup is here and Indian brands are all set to tap into the global soccer showpiece to gain a share of consumers’ mindspace.The tournament’s viewership tends to extend beyond hardcore football enthusiasts, and so for companies, the opportunity is not just limited to advertising and sponsorships.Marketers said there is a lot…
The World Series of Poker (WSOP) is bringing cryptocurrency payments to its global tournament circuit by teaming up with the Solana Foundation. The world’s largest and most prestigious poker tournament series will allow players to use Solana-based payments, powered by MoonPay, to buy into tournaments with no processing fees, starting at the WSOP in Las…
