As the Middle East crisis escalates, crude oil prices could surge to $150 or $200 a barrel if the near-closure of the Strait of Hormuz continues over the next six to eight weeks. The disruption is a result of the ongoing war involving the US, Israel, and Iran, which has already prompted Persian Gulf producers…
Historically, companies maintained a sizeable bench by hiring in anticipation of future projects. (AI image) Indian IT sector majors – Tata Consultancy Services (TCS), Wipro, Infosys, HCL Tech, and Tech Mahindra – have seen their bench strength drop by 25% in the last two years. Bench strength acts as a traditional reserve workforce with an…
April 2026 bank holidays: As April 2026 approaches, several banks across India will remain closed for national and state-specific holidays. Customers planning branch visits are advised to check holiday schedules in advance to avoid inconvenience. They should also plan for transactions like cheque clearances, large cash deposits, or demand drafts in advance. Banks will also…
Bank holiday today: As March comes to a close, several banks across India are observing a holiday today on the occasion of Mahavir Jayanti.Customers planning visits to bank branches are advised to check the holiday schedule in advance to avoid inconvenience. States observing bank holiday Banks are closed today in the following states: Gujarat, Maharashtra,…
Asian shares on Tuesday recorded their steepest fall since 2022, as the Middle East war completed a month, fuelling fears of higher inflation and slower economic growth.MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.55 per cent and was on track for a monthly decline of more than 12 per cent, marking its worst…
Stock market holiday (AI image) Stock market holiday today: Indian equity markets are closed today in observance of Shri Mahavir Jayanti, with both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) marking the first of two trading holidays scheduled for the week.On the commodities front, the Multi Commodity Exchange of India (MCX)…
Oil prices surged sharply on Tuesday, with Brent crude climbing above the $110 per barrel mark and US West Texas Intermediate (WTI) crude trading above $100, as supply concerns intensified amid the widening conflict in the Middle East.Brent crude rose $2.26, or about 2 per cent, to $115.04 a barrel in early trade, after hitting…
NEW DELHI : The country’s industrial output growth accelerated in Feb, led by a recovery in the manufacturing sector, but the West Asia conflict is expected to weigh heavily on the crucial sector in the months ahead.Data released by the National Statistics Office (NSO) on Monday showed the index of industrial production rose 5.2 per…
US President Donald Trump’s remarks about potentially seizing Iran’s Kharg Island oil terminal have sharpened focus on the strategic and commercial stakes tied to one of the country’s most critical energy export hubs.Kharg Island, located in the Persian Gulf, serves as Iran’s primary offshore oil export terminal and handles the bulk of its crude shipments…
The Centre’s fiscal deficit stood at Rs 12.52 lakh crore at the end of February, accounting for 80.4 per cent of the full-year target for 2025-26, according to data released by the Controller General of Accounts (CGA) on Monday, PTI reported.This compares with 85.8 per cent of the annual target achieved in the corresponding period…
