AI generated image, used only for representational purpose Planning a bank visit? You might need to reschedule as banks across some parts of the country will remain closed on Monday. Knowing bank holidays in advance can help you to avoid an unnecessary trip, especially if you have time-sensitive branch work such as submitting documents, processing…
Gold prices began the week on a firm footing, holding close to a two-week high after weaker-than-expected US employment data reinforced expectations that the Federal Reserve may not rush into another interest rate increase. Spot gold traded around $4,175 per ounce on Monday after posting a gain of more than 2% last week, ending a…
MUMBAI: Titan’s CaratLane may look to tap into Dubai’s Damas Jewellery to foray into West Asia, scrapping earlier plans to launch into the region on its own, a top company executive said even though the scourge of the war on the region might prolong the entry timeline.Titan has bought a majority 67% stake in Damas…
NEW DELHI: Chinese artificial intelligence startup Z.ai is emerging as a fresh challenger to OpenAI and Anthropic after its latest flagship model GLM-5.2 gained traction among developers for delivering advanced coding and AI agent capabilities at a significantly lower cost.The Beijing-based company’s latest model has climbed developer rankings and drawn praise from prominent AI figures,…
NEW DELHI: Fresh uncertainty awaits India and several other countries, with the US Trade Representative moving ahead with just one of the two probes against American trading partners, as the deadline for phasing out the 10% additional tariff approaches.From Tuesday to Thursday, USTR will hold public hearings on the probe related to forced labour which…
Despite the recent Middle East disruptions, India’s fertiliser supply has remained largely on track, with most shipments crossing the Strait of Hormuz safely and domestic production exceeding targets, according to the ministry of chemicals and fertilisers.The ministry said that out of 20 vessels carrying fertilisers and raw materials for India, 15 have successfully crossed the…
OPEC+ has decided to raise its oil production targets once again, agreeing to increase output quotas by 188,000 barrels per day (bpd) from August as the group continues to unwind earlier production cuts.The decision, taken during an online meeting, comes after similar quota increases for June and July. Between April and July, the seven core…
File photo (Picture credit: ANI) India’s leading IT services companies are likely to post a muted performance in the first quarter of FY27, with growth expected to remain subdued as clients continue to prioritise cost-cutting over large-scale technology spending, according to an Equirus Securities report.The brokerage said growth visibility is unlikely to improve significantly until…
The ministry of petroleum and natural gas (MoPNG) on Sunday dismissed reports claiming that Bhutan had refused to import India’s E20 petrol, stating that no such offer had ever been made by the country’s oil marketing companies (OMCs). Calling the claims incorrect, the ministry said there is no proposal to export E20 petrol to Bhutan.In…
The United States may continue to lead the global economy, but its growing debt burden has emerged as the biggest risk to its economic pillar. According to a Deutsche Bank Research Institute report, America’s debt burden has emerged as the biggest threat to its long-term economic leadership, with mounting deficits and rising borrowing costs gradually…
