The Mighty Engine That Jaguar Built, and Built Jaguar
For 42 years, the XK was Jaguar’s secret weapon. It proved its worth on the racetrack and powered generations of cars. The company’s leap into electrics could take a similar path. Source link
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Yes Bank Q4FY27 net profit jumps 44% to Rs 1068 cr on better margins and recoveries
Mumbai: YES Bank’ reported a net profit of Rs 1,068 crore for the March 2026 quarter, up 44.8% from Rs 738 crore a year earlier, supported by lower credit costs and improved operating performance. For the full year, net profit rose 44.5% to Rs 3,476 crore, while return on assets improved to 0.8% from 0.6%…
Reopening Strait of Hormuz Would Ease Oil Crisis but Only So Much
Analysts said energy and shipping companies would be reluctant to fully restore operations until they were confident that hostilities were over. Source link
Govt clears Bharat Maritime Insurance Pool with Rs 12,980 crore guarantee for shipping risks
The government has approved a Bharat Maritime Insurance Pool with a sovereign guarantee fund of Rs 12,980 crore to support maritime insurance amid disruptions caused by the Middle East conflict, Union minister Ashwini Vaishnaw announced on Saturday.The scheme aims to address rising insurance premiums and tighter approvals for shipping cover, which are currently being granted…
More Americans Taking 401(k) Hardship Withdrawals
More Americans are taking hardship withdrawals from workplace retirement accounts, prompted by rising costs — and looser rules. Source link
DA hike: Govt approves 2% dearness allowance raise for central government employees
The Cabinet on Saturday approved a 2 per cent increase in Dearness Allowance (DA) for Central government employees, as per sources.The DA for the central government employees was last revised in October, when it was increased from 55 per cent to 58 per cent. The hike was made effective from July 1, 2025, and was…
Saturday Bank operations: Are banks open on April 18, 2026? Check details
As the weekend approaches, many customers often check whether banks are open or closed on Saturday for pending financial work.So customers should know, that this Saturday, April 18, 2026, bank branches are open across India as it is the third Saturday of the month.Under the Reserve Bank of India (RBI) holiday structure, banks are closed…
Iran rejects ‘traditional toll’ but plans fees to secure Strait of Hormuz – what it means
Iran is planning to tighten its grip over the Strait of Hormuz with new transit fees to regulate ship movement through the route. However, the country has ruled out charging any “traditional fees” on ships passing through it.Ebrahim Rezaei, spokesman for Iran’s National Security Committee told Al Jazeera that a law is being drafted to…
US extends sanction waiver on Russian oil again — How will it impact India?
The United States decided to extend the sanctions waiver on Russian oil, offering temporary relief to countries purchasing crude from Moscow as the world grapples with tight energy supplies. The US treasury department on Friday issued a fresh licence allowing the purchase of Russian oil and petroleum products that had already been loaded onto ships…
Russian oil sanctions: US extends waiver for cargoes already at sea
The US administration has decided to extend a narrow window for global buyers to purchase Russian oil shipments already at sea, despite earlier indications that such relief would not continue.Late Friday, the US Treasury Department published a new licence granting a roughly month-long waiver, which allows nations to buy Russian oil and petroleum products loaded…