India’s first undersea rail tunnel has moved a step closer to reality, with a giant Tunnel Boring Machine (TBM) beginning its journey beneath Thane Creek on Saturday for the Mumbai–Ahmedabad Bullet Train Project. The launch of the second machine marks the start of excavation on the 7-km undersea stretch, the first of its kind for…
Representative image (Picture credit: Reuters) The FIFA World Cup may be the biggest sporting spectacle on the planet, but for employers it could also become one of the biggest workplace disruptions of the year.A survey by workforce management firm UKG had estimated that the 2026 FIFA World Cup could result in at least $17 billion…
Workers often focus solely on their retirement savings balance. But figuring out how you want to spend the rest of your life could be job No. 1. Source link
India’s power sector is expected to stay charged through FY27 as surging electricity demand, record peak power consumption and continued capacity additions fuel growth, a report by 360 ONE Capital said.The brokerage said that electricity consumption is expected to remain resilient as industrial and commercial activity gathers pace, creating favourable conditions for power utilities. Companies…
The Trump administration has recently sought to scale back sanctions as adversaries develop workarounds that some believe could erode the U.S. dollar’s supremacy. Source link
MUMBAI: IDBI Bank reported a 5% year-on-year rise in net profit to Rs 2,115 crore for the quarter ended June 30, 2026, from Rs 2,007 crore a year earlier, supported by higher net interest income despite a decline in fee and treasury income.Net interest income (NII) rose 10% to Rs 3,486 crore from Rs 3,166…
Don Garber, the M.L.S. commissioner, has been planning for this moment for eight years. Source link
The first step in capital gains taxation is to identify the asset sold and determine whether the resulting gains are taxable. (Image source: Magnific) Many individual taxpayers view filing an Income Tax Return (ITR) as a straightforward task—declaring salary income, updating investment details and paying any balance tax. However, capital gains can turn an otherwise…
As visitors flock to places like Mexico City, Milan and Copenhagen, residents are rethinking what they share, and who they share it with. Source link
MUMBAI: Punjab National Bank reported a standalone net profit of Rs 5,253 crore for the quarter ended June 30, 2026, up 213.6% from Rs 1,675 crore a year earlier, aided by a sharp decline in tax outgo despite lower non-interest income. The bank reported a consolidated net profit of Rs 5,921 crore, up 228.4% from…
