MUMBAI: Computer science continues to dominate the imagination of India’s best engineering aspirants, but the first round of IIT seats preference for 2026 shows another branch quietly clawing its way back into favour: civil engineering.The shift was the most dramatic at IIT Bombay and IIT Delhi. At Powai, civil engineering opened at an All India…
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BENGALURU: Finance minister Nirmala Sitharaman on Sunday said India remained the world’s fastest growing economy and the uncertainty in West Asia, along with India’s import dependence on three major commodities, resulted in the weakening the rupee against the dollar.“Whenever there is a severe fluctuation or volatility in rupee versus dollar, the RBI intervenes in the…
MUMBAI: Tech giants such as SoftBank’s shrinking appetite for India investments, more of smaller startup cheques being written by venture capital (VC) funds or the lack of euphoria in domestic stock markets which has now been overtaken by Taiwan in terms of value for that matter—all are somehow reflective of the fact that India is…
Bitcoin (BTC) hit $64,000 after Friday’s Wall Street open while analysis warned of “unreliable” BTC price support. Key points: Bitcoin hits local highs during the US trading session as US-Iran peace hopes offer modest risk-asset relief. SpaceX looks set to launch the largest IPO ever witnessed, BTC price concerns linger over the ability of a…
NEW DELHI: With an eye on strengthening the labour market data, the statistics ministry has set up a high-powered experts committee to examine issues linked to the informal sector employment, moonlighting, seasonal migration, and the gig and platform work.The 22-member panel, constituted on June 9, will be headed by Institute for Human Development (IHD) professor…
NEW DELHI: Most of the conversation around AI has been about the jobs it could disrupt. What the technology has also triggered, far less visibly, is an unprecedented surge in demand for certain skilled human talent. An analysis by talent firm Randstad of over 50 million job postings, shared exclusively with TOI, shows the demand…
MUMBAI: Global investment firm KKR has said that central banks globally will start tightening this year and it has expressed caution on long-duration govt bonds, over-levered 2021 vintage deals, lower-income consumer exposure, and assets dependent on a return to the old regime of low inflation, low rates, and abundant liquidity.In its mid-year outlook report ‘The…
The US Navy said it rescued 14 Indian seafarers on Sunday as Virat-1, an Indian-flagged mechanised sailing vessel or dhow, was sinking off the Oman coast following a mechanical failure. The Indian Embassy in Oman said all rescued crew members are “safe and in good health” and were moved to a vessel that is heading…
