‘Global employment epicenter’: Crisil positions India as key to shifting labour markets; warns of skill gaps hindering full potential

As global labour markets undergo rapid transformation driven by ageing populations and accelerated digital adoption, India is uniquely positioned to become a key source of skilled workers, according to an analysis by Crisil Intelligence, quoted by ANI.“The global labour market is undergoing rapid transformation, with demand for skilled workers rising sharply across advanced as well…

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JPMorgan Q2 results: Bank’s profit beats estimates at $14.2 billion; revenue strong but CEO Jamie Dimon warns of global risks

JPMorgan Chase reported a second-quarter net profit of $14.2 billion on Tuesday, down from $18.3 billion a year ago, but ahead of Wall Street expectations. The bank posted adjusted earnings of $4.96 per share, surpassing analysts’ forecast of $4.48, although lower than the $6.12 per share it earned in Q2 2024.Total managed revenue stood at…

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From big plans to bottlenecks: Refining expansion falters, capacity up just 5%; import dependence grows

India has increased its oil refining capacity by only 5% over the past seven years, falling far short of the 69% growth that had been targeted for 2025. Factors such as uncertainty around future demand due to climate considerations, limited land availability, and disruptions from the COVID-19 pandemic have significantly slowed expansion efforts. This shortfall…

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Trump admin’s healthy push: Ice-cream to go dye-free; plant-based colours to be used instead

In what the Trump administration called a “major announcement”, the US dairy industry has agreed to voluntarily remove synthetic dyes from ice-cream products, a shift officials say could lead to healthier options, especially for children.“This is relevant to my favorite food, which is ice-cream,” said US health secretary Robert F Kennedy Jr. “Since we came…

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Reliance Infrastructure stock rally: Shares of Anil Ambani-led company see 101% returns in 12 months; what’s driving the move?

Reliance Infra stock currently trades near a critical resistance level, with technical experts suggesting potential upside to Rs 500. (AI image) Reliance Infrastructure share price: Anil Ambani-led Reliance Infrastructure’s stock has surged impressively by 101% in the last 12 months, driven by significant debt reduction, a substantial three-level improvement in credit rating, and positive developments…

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Asian stock market today: Indices trade mixed amid Trump’s renewed tariff threat; Hang Seng up 0.2%, Shenzhen dips 0.9%

Asian shares were mixed on Tuesday, as renewed concerns over US President Donald Trump’s tariff plans unsettled investors. Japan’s benchmark Nikkei 225 gained 64 points, or 0.16%, in morning trade, reaching 39,524. Hong Kong’s Hang Seng Index also edged up by 47 points, or 0.2%, to 24,250. However, South Korea’s Kospi slipped 5 points, or…

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