Business

Big jump in gold reserves! Not just India’s RBI, central banks around the world are stocking up on gold – here’s why

Globally, central banks' collective gold holdings grew from 26,000 tonnes to 32,000 tonnes during the 15-year period ending 2024. (AI image) RBI...

Travel companies boycott Turkiye & Azerbaijan

NEW DELHI: Turkiye and Azerbaijan, hot favourites of holidaymakers, are fast falling out of favour after the two countries' steadfast support...

Bank of India Q4 net profit soars 82% to Rs 2,626 crore; eyes 12% loan growth in FY26

Bank of India reported a robust 82% year-on-year increase in its net profit for the January-March 2025 quarter, reaching Rs 2,626...

UK to buy 30 jets worth $10 billion from Boeing; similar number from Airbus

The United States on Thursday announced a major development involving airplane manufacturer Boeing, confirming a $10 billion order from Britain. The...

Prosus invested $8.6 billion in India, says CEO Bloisi

BENGALURU: Netherlands-based global tech investor Prosus invested over $8.6 billion in India, making it one of its strategic markets, CEO Fabricio...

US jobless claims drop sharply, but tariff tensions cloud labour market outlook

The number of Americans filing for first-time unemployment benefits fell more than expected last week, signalling ongoing resilience in the labour...

Some cheer! Home-cooked thali costs dip 4% in April as vegetable prices ease

Home made food lovers breathed a sigh of relief in April as the cost of preparing a vegetarian and non-vegetarian thali dropped by...

Insurers get queries: How much does war cover cost?

MUMBAI: Insurance companies are receiving enquiries for quotes on war risk insurance cover hours after India carried out Operation Sindoor."Enquiries have...

EU prepares tariffs on Boeing jets as transatlantic aerospace trade tensions flare

Aerospace companies are bracing for a potential escalation in trade tensions as the European Union prepares to target Boeing jets with retaliatory tariffs...

Reduced tariffs under India-UK FTA will strengthen textile sector: Experts

The Indian textile industry has welcomed the India-UK Free Trade Agreement (FTA), recognizing it as a significant step towards increasing India's...

RBI forex income likely higher, set to push dividend payout to central government

The central bank's income from foreign exchange reserves deployment in FY25 appears higher than the previous year, influenced by sustained elevated...

How Donald Trump’s proposal to slap 100% tariffs on foreign films could hit Indian film industry

Donald Trump (File photo) Donald Trump deals a blow to Indian films! The proposed 100% tariffs on foreign films by US President...

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