MUMBAI: Gold jewellery has not lost its sheen but it may be going out of reach for average Indians as high prices of the yellow metal are pushing people to spend less on new pieces and only stick to essentials. While sales volumes or the amount of gold sold are dropping, sales value, driven by…
NEW DELHI: Supreme Court on Friday agreed to hear a PIL by parents and teachers in NCR and Chennai challenging the validity of CBSE‘s recent policy mandating three languages, two of which must be Indian for Class 9 and said it would lead to chaos and confusion.Seeking urgent hearing of the PIL, senior advocate Mukul…
BENGALURU: Swiggy shareholders have voted against proposed changes to the company’s Articles of Association, preventing the planned appointments of CFO Rahul Bothra and cofounder Phani Kishan Addepalli to the board. The special resolution received 72.4% shareholder support, falling short of the 75% threshold required for approval, according to an exchange filing on Thursday.Swiggy said the…
Will lead a central bank oriented toward reform, says new chair WASHINGTON: Kevin Warsh was sworn in as chair of the US Federal Reserve on Friday at a pivotal moment for an American economy where surging gasoline prices due to the Iran war are pushing up inflation and eroding consumer sentiment, potent ingredients for a…
NEW DELHI: Gross foreign direct investment (FDI) grew 16.7%, its fastest pace of expansion in six years, to a record $94.5 billion in 2025-26, helping reverse the four-year falling trend of net FDI.Net FDI was estimated at $7.7 billion during the last financial year, compared with under $1 billion in the previous year. After excluding…
MUMBAI: Domestic economic activity exhibited resilience in April, with industrial and services sectors maintaining strength across several segments, even as global uncertainties and geopolitical tensions continued to cast a shadow, RBI said in its latest State of the Economy article.At the same time, the central bank struck a note of caution, stating that “India’s near-term…
NEW DELHI: Govt has stepped in to unclog piling up of containers at India’s busiest container port, Jawaharlal Nehru Port Authority (JNPA) (Mumbai), and has set up a panel of top officials to remove bottlenecks at all the 12 major ports. It will meet every week or fortnight to address concerns faced by businesses.The issue…
The U.S. House Oversight Committee plans a probe into the largest prediction market platforms over suspicions that government employees could be exploiting classified information for personal gain. Rep. James Comer, R-Ky., chair of the House Oversight and Government Reform Committee, is seeding the internal records from the CEOs of Polymarket and Kalshi to determine if…
NEW DELHI: Supreme Court on Friday raised a question on why children of economically and educationally advanced families within backward classes be allowed to avail the benefit of reservation under OBC category.“If both parents are IAS officers, why should they have reservations? With education and economic empowerment, there is social mobility. So then again to…
Tanya Denisova, chief operating officer of Robinhood Crypto, is leaving the firm, according to two people with knowledge of the matter. Denisova had been employed by the popular trading platform for over five years, according to her LinkedIn profile. Neither Robinhood nor Denisova responded to requests for comments. The departure comes amid Robinhood missing its…
