US job openings showed little movement in October, signalling a cooling labour market at a time when the Federal Reserve is weighing another interest-rate cut amid mixed economic cues.Employers posted 7.67 million vacancies in October, almost unchanged from 7.66 million in September, according to the Job Openings and Labor Turnover Survey (JOLTS) released by the…
Airlines will make less profit flying a passenger across continents than Apple earns from selling an iPhone cover, International Air Transport Association (IATA) director general Willie Walsh said on Tuesday, underlining the industry’s persistently weak margins, PTI reported.Releasing the global aviation industry’s financial outlook for 2026, IATA projected total net profits at $41 billion next…
Renault and Ford have announced a new partnership aimed at jointly developing small, low-cost electric vehicles and commercial vans for the European market, in an effort to reduce production costs and defend their market share against fast-growing Chinese automakers. Speaking to reporters in Paris on Monday ahead of the announcement, Ford CEO Jim Farley underlined…
US stocks traded in a narrow range on Tuesday as investors stayed cautious ahead of the Federal Reserve’s interest rate decision, expected later this week, with market focus firmly on future policy cues.The S&P 500 was flat in early trade, coming off only its second loss in the last 11 sessions, while the Dow Jones…
The Reserve Bank of India on Tuesday pressed banks to fully transmit policy rate cuts to borrowers, as Governor Sanjay Malhotra urged lenders to support sustainable growth and improve customer outcomes, PTI reported.Malhotra met managing directors and chief executives of public sector banks and select private lenders in Mumbai, asking them to pass on the…
NEW DELHI: Prime Minister Narendra Modi on Tuesday hailed Microsoft’s “largest ever investment in Asia” as the tech giant announced that it will invest $17.5 billion in India to advance its cloud and artificial intelligence (AI) infrastructure.In a social media post on X, the prime minister said that the world is optimistic about India when…
Hundreds of H-1B and H-4 visa appointments scheduled for mid- to late-December 2025 are being cancelled and pushed to March 2026 as US consulates overhaul screening procedures, according to immigration firm Fragomen, according to an ET report.Consular posts have cited a new mandatory online presence review for H-1B applicants and their dependents that comes into…
India’s primary market is settling into a fresh groove, with annual IPO issuances of around $20 billion emerging as a structural trend rather than a one-off spike, according to JP Morgan, reported PTI.The investment bank said India has already seen $21 billion worth of IPOs in 2025, matching last year’s level, and is likely to…
The first arrives on the 5th of the month: “Dear Customer, Rs 15,000 has been debited for your SIP in Nifty 50 Index Fund.” You feel a surge of pride. You are prudent, forward-looking, a participant in the India growth story.The second arrives on the 10th: “Dear Customer, your credit card bill of Rs 62,000…
Shares of InterGlobe Aviation, the parent of IndiGo, have come under sharp pressure after large-scale flight disruptions linked to revised pilot duty norms, with the stock falling nearly 17% in just over a week.InterGlobe Aviation shares slipped from Rs 5,917 on November 27 to around Rs 4,913 on Tuesday, as the airline struggled with operational…
