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Business
SK Hynix Surpasses Samsung: The Impact of a 14-Year AI Chip Investment on South Korea’s Leading Listed Company
Fourteen years after its acquisition by SK Group, SK Hynix has emerged as a key player in the artificial intelligence sector, briefly surpassing Samsung Electronics to become South Korea’s most…
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Business
Government Introduces Risk-Based Framework to Simplify BIS Quality Compliance for Manufacturers
The Centre has launched a risk-based compliance mechanism to simplify adherence to Quality Control Orders (QCOs) for manufacturers. This new framework, outlined in the Transition Facilitation (Quality Control) Order, 2026,…
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Business
Global Corporations Including Amazon, ABB, and Google Invest Billions in India’s Growth
Global corporations are committing billions of dollars to invest in India, signaling the country’s rising significance as a long-term growth market. Despite global economic uncertainties, major tech companies have announced…
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Business
Understanding the Decline in Gold Prices: Factors Behind Falling Rates and Future Recovery of the Yellow Metal
Gold prices have plunged nearly 30% from their all-time highs in January, now trading at a seven-month low. As of now, gold is priced below $4,000, down 7.6% year-to-date. In…
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Business
US Inflation Surpasses 4% for First Time in Three Years Amidst Strong Consumer Spending
US inflation surpassed the 4% mark for the first time in three years in May, driven by rising energy prices amid ongoing Middle East tensions. The Personal Consumption Expenditures (PCE)…
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Business
Middle East Fuel Oil Exports Reach Four-Month Peak Amid Recovery in Hormuz Shipping
Middle Eastern fuel oil exports are projected to reach a four-month high in June, with volumes expected to hit approximately 2.4 million metric tonnes, or 508,000 barrels per day. This…
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Business
EPFO 3.0: Key Reforms Transforming Withdrawal Options
Provident Fund subscribers will soon benefit from enhanced withdrawal options, including the ability to access funds via ATMs and a UPI payment gateway. The Employees Provident Fund Organisation (EPFO) has…
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Business
OPEC’s Global Crude Market Share at Risk of Decline Without UAE Participation
UAE has officially exited OPEC, raising concerns about the future of the group’s energy production. The departure, effective May 1, 2026, has already impacted OPEC’s share of global crude oil…
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Business
Airlines Embrace AI Technology for Fuel Efficiency; IndiGo Launches Trials for Cost-Effective Take-offs Today
NEW DELHI: Indian airlines are increasingly turning to artificial intelligence (AI) to reduce fuel consumption amid soaring fuel prices. IndiGo has initiated a trial of the “OptiClimb solution” starting Thursday,…
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Business
Crude Oil Prices Decline Towards $70 as Tankers Resume Operations in Hormuz Following US-Iran Peace Agreement
Crude oil prices fell sharply on Thursday, approaching pre-war levels as tanker traffic through the Strait of Hormuz increased, alleviating earlier supply concerns. After peaking above $126 per barrel during…
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Business
Tata Sons Faces Ongoing Challenges as RBI Strengthens NBFC Regulations
MUMBAI: The Reserve Bank of India (RBI) has decided to maintain the asset threshold for upper-layer non-banking financial companies (NBFCs) at Rs 1 lakh crore, rejecting industry calls to raise…
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Business
$1.5 Billion Crypto Link: The North Korean Heist’s Impact on Iran’s Central Bank
What began as a $1.5 billion crypto heist linked to North Korean hackers has revealed a complex web of transactions involving Iran’s central bank. Investigators traced the stolen funds from…
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Business
India and US Explore Opportunities for Interim Trade Agreement
NEW DELHI: Commerce and Industry Minister Piyush Goyal and U.S. Trade Representative Jamieson Greer have spent the last two days discussing the progress of a trade deal between India and…
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Business
RBI Governor Sanjay Malhotra: Discussing Rate Hikes Is Premature
MUMBAI: Reserve Bank of India (RBI) Governor Sanjay Malhotra stated on Monday that it is “premature” to discuss an interest rate hike, countering market expectations for tighter monetary policy. He…
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Business
Understanding ITR Filing for FY 2025-26: Tax Savings Tips
Before filing your income tax return for FY 2025-26 (Assessment Year 2026-27), taxpayers must evaluate whether the new or old tax regime will result in a lower tax liability. The…
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