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London: Brent oil futures prices jumped on Thursday, hitting a near six-month high on rising concerns about a possible US military attack on Iran, Opec‘s fourth-largest producer with output of 3.2 million barrels per day.“The immediate concern … is the collateral damage done if Iran takes a swing at its neighbours or possibly even more…
Bengaluru: One size doesn’t fit all in the return-to-office push. Work-from-home, once the defining perk of the pandemic era, is quietly being phased out across India’s IT sector as companies tighten hybrid work norms and make in-office presence the new default.TCS has mandated five days of office attendance and linking compliance to variable pay and…
New Delhi: Targeted ‘congestion pricing’ in dense business districts, combined with demand-based parking management, can reduce traffic volume, raise speeds and cut emissions, as seen internationally, according to Economic Survey 2025-26. It has highlighted how such steps have helped authorities in Singapore and London address congestion.Though efforts have been made since 2009 to propose charging…
The intent around the proposed Pesticides Management Bill, 2025 marks a significant move as it aims to align India’s regulatory framework with contemporary realities. (AI image) By Susheel KumarIndian agriculture stands at an important inflection point. On the one hand, the country speaks with confidence of becoming a global food powerhouse, a trusted supplier to…
The Economic Survey has cautioned that India’s entry into the artificial intelligence era comes with “looming uncertainties” and structural asymmetries that could reshape labour markets and pose fundamental questions for the future of the Indian IT sector, even as the country seeks to harness AI-driven productivity gains.The Survey flagged the growing concentration of market power…
World Bank Group President Ajay Banga (Photo-AP) India should “think less” about tariffs and focus more on opportunities to expand trade, World Bank Group President Ajay Banga said on Thursday, as geopolitical tensions continue to cloud the global trade outlook.Interacting with media during a visit to the Central Tool Room and Training Centre (CTTC) in…
Microsoft led a pullback on Wall Street on Thursday, with US stocks retreating from record levels after the tech heavyweight logged its steepest single-day fall in years, weighing on broader market sentiment. While gold prices also reversed sharply after a blistering run, reflecting a broader cooling of risk appetite across global markets.Microsoft sank 12.3% despite…
The rupee settled at its all-time closing low of 91.99 against the US dollar on Wednesday, weighed down by persistent foreign fund selling and risk-off sentiment in global markets, even as softer crude prices and a weaker dollar offered limited relief, PTI reported. At the interbank foreign exchange, the domestic unit opened at 91.95 and…
US stocks were largely directionless on Thursday, trading close to record highs as investors sifted through mixed earnings from some of Wall Street’s most influential companies, while gold surged further in an extraordinary safe-haven rally.The S&P 500 edged up by less than 0.1% and hovered near its all-time high set earlier this week. The Dow…
India’s strongest macroeconomic performance in decades has collided with a global system that no longer rewards macroeconomic success. (AI image) Economic Survey 2025-26: India stands tall in the global economic order – as the world’s fastest growing major economy that is exhibiting resilience in the face of global economic turmoil and Donald Trump’s tariff threat….
