The average long-term US mortgage rate climbed this week to its highest level in nearly nine months, raising borrowing costs for homebuyers during what is traditionally the busiest season for the housing market, AP reported.The average rate on a 30-year fixed mortgage rose to 6.51 per cent from 6.36 per cent last week, according to…
The Justice Department claims that clinics used fake diagnoses and kickbacks to parents to bring children into treatment. Source link
Market regulator Sebi on Thursday proposed changes to the price discovery mechanism through call auction sessions for IPOs and re-listed stocks, seeking to improve price discovery and address concerns around artificially suppressed pricing, PTI reported.In a consultation paper, Sebi suggested revising the methodology used for determining the base price of re-listed stocks.Under the proposal, if…
An appeals court in Paris said the airline and airplane manufacturer were guilty of involuntary manslaughter for their role in a plane crash over the Atlantic Ocean. Source link
In simple terms, the rules do not change the intent of the law; they make it implementable. (AI image) For many employees, labour law changes often feel distant – something that affects companies more than individuals. The notification of the final Central Rules under India’s four labour codes on 8 May 2026 does not introduce…
The executive order, which would signal a shift from the hands-off approach the White House previously took, follows debates over how to gain control over A.I. models without disrupting innovation. Source link
US stock markets moved lower on Thursday extending recent losses as a rebound in oil prices and rising Treasury yields renewed pressure on equities despite another strong earnings performance from Nvidia, AP reported.The S&P 500 slipped 0.4 per cent and was on course for a fourth decline in five sessions after recently touching a record…
The U.S. tech giant’s powerful H200 chip seemed poised to boost Beijing’s A.I. ambitions, but not a single one has been purchased in China. Source link
Car buyers will have to pay more from next month as Maruti Suzuki India on Thursday announced a price increase of up to Rs 30,000 across its vehicle portfolio from June 2026, citing inflationary pressures and a persistently adverse cost environment, PTI reported.In a regulatory filing, the country’s largest carmaker said the exact increase would…
Across Wall Street, bankers have been clamoring to lead what is expected to be the biggest-ever initial public offering. Source link
