MUMBAI: Tata Trusts’ plans to review its representation on the Tata Sons board have hit a roadblock, with the Maharashtra charity commissioner’s freeze on Sir Ratan Tata Trust board meetings spilling over to Sir Dorabji Tata Trust, even though the commissioner’s order applies only to SRTT.The complication arises from Tata Sons’ articles of association, which…
MUMBAI: Indian shares rose to a two-week high on Monday as signs of progress in US-Iran peace talks pushed oil prices lower and boosted investor appetite for risk assets.US President Donald Trump said on Saturday that Washington and Iran had “largely negotiated” an MoU on a peace deal that would reopen the Strait of Hormuz,…
Key points: Bitcoin needs to cross and maintain above $78,000 to start a stronger recovery toward $84,000. HYPE and ZEC remain strong while other major altcoins struggle to rise above their overhead resistance levels. Bitcoin (BTC) bounced on Saturday following US President Donald Trump’s announcement in a post on his Truth Social platform that negotiations…
NEW DELHI: Airlines flying in people to India who have been to Ebola hot zones in Africa, including the Democratic Republic of Congo (DRC) and Uganda, will now have to ensure such passengers file self-declaration forms (SDF) before arrival. Thermal screening will be done on passengers coming from the hotspots.In a move reminiscent of Covid…
NEW DELHI: Apple is set to overtake FMCG major Hindustan Unilever in revenue, as affluent Indian consumers spend more on premium smartphones and digital lifestyles while growth in traditional household staples slows.A report by Kotak Mahindra Mutual Fund estimates Apple India’s FY26 revenue at over Rs 1.4 lakh crore, more than twice HUL’s projected Rs…
MUMBAI: As quantum computing moves from theory towards application, the RBI has set up an expert committee for a quantum-secure and adaptive financial ecosystem to assess how a technology that can solve complex financial problems could also threaten existing cryptographic standards.Quantum technology is different from regular computing because it can handle multiple possibilities at the…
MUMBAI: Extended supply chain disruptions from the West Asia conflict could shave around 200 bps (100 bps= 1%) off India Inc’s operating profitability this fiscal year, pulling margins down from a pre-conflict expectation of around 12%, according to a stress test by Crisil Ratings.The agency assessed 34 sectors accounting for 65% of its rated corporate…
MUMBAI: The rupee gained paise to close at 95.23 against the dollar up 46 paise from its previous close of 95.69 following statements from the RBI governor in support of the currency combining with a softening of crude oil prices in the international market on hopes of an Iran-US truce.“The rupee has strengthened, and the…
NEW DELHI: President Donald Trump loves India and is a big fan of Prime Minister Narendra Modi, said US secretary of state Marco Rubio on Monday while responding to questions about the reported endorsement earlier by the president of “racist remarks” calling India a hellhole.“I wouldn’t be here if the president didn’t want me to…
New Delhi: Indians remain hooked to cereals, while neglecting other components of a balanced diet like pulses, vegetables, fruits, milk and meat, shows a govt study. The study has compared food consumption patterns of the Indian households with the latest nutrition guidelines recommended by Indian Council of Medical Research (ICMR).Barring Kerala and only urban areas…
