Industry

Surge in Gold Loans Drives Bank Credit Growth in Q1

MUMBAI: Gold loans have significantly boosted personal lending and overall bank credit, with the segment expanding 93.8% year-on-year by the…

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Seedance 3.0 Listings Require Studio Verification Before Any Paid Render

Marketplace listings for Seedance 3.0 now appear beside older Seedance-branded tools, affiliate wrappers, and pages promising unlimited free renders with…

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Cabinet Greenlights Rs 84,084 Crore ‘Samudra Manthan’ Initiative for Oil and Gas Exploration

India has launched the ‘Samudra Manthan‘ National Offshore Exploration Scheme, allocating Rs 84,084 crore for oil and gas exploration. The…

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Challenges for Fresh Graduates: The Indian IT Sector Faces Job Cuts and Onboarding Delays

India’s IT sector is undergoing a significant transformation in hiring practices, particularly for fresh graduates. Major firms are becoming more…

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IndiGo Airline MD Critiques New Pilot Duty Regulations Following Flight Fiasco

Months after significant flight disruptions, IndiGo’s Managing Director, Rahul Bhatia, has called on the government to reconsider the new Flight…

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US Economy Experiences Slowdown as GDP Growth Declines to 1.5%, Consumer Spending Remains Strong

Strong consumer spending and steady business investment supported the US economy in the second quarter, but a surge in imports…

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Government Addresses E20 Petrol Controversy: Seven Claims on Ethanol Blended Fuel Impacting Mileage and Engines Debunked

Seeking to address concerns regarding the use of E20 petrol, the Ministry of Petroleum & Natural Gas has released a…

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Tankers Carrying Saudi Oil to India Go ‘Dark’ as Transponders Are Turned Off in the Red Sea

Two oil tankers carrying Saudi crude to Indian refiners have sailed out of the Red Sea while temporarily disabling their…

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Flipkart and Amazon Engage in Fee War as Competition Intensifies

MUMBAI: Amazon and Flipkart are eliminating commissions for sellers on their platforms as online shopping gains traction in smaller cities…

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AI Labs Highlight the Continued Importance of IT Companies, Says Infosys CEO Salil Parekh

BENGALURU: Salil Parekh, CEO of Infosys, will retire in March 2024 after a transformative tenure that began in 2018. Under…

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Trump Considers $100,000 Work Permit Fee for Foreign Graduates Seeking Jobs in the US

The Trump administration is considering a $100,000 fee for international students who wish to work in the United States after…

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ITR Filing Deadline Extended: Will July 31, 2026, Be the Final Date for Income Tax Returns? Explore Recent Updates

July 31, 2026, remains the deadline for salaried taxpayers and pensioners to file their income tax returns (ITR) for the…

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Indigenous Signalling System to Support New High-Speed Corridors Following Made-in-India Bullet Train

India is set to advance its high-speed rail capabilities with the development of its own control protocols. The Indian Railways…

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Crude Oil Prices Decline as Alternative Routes Through Hormuz Remain Active

Oil prices declined on Thursday following a significant rally in the previous session. West Texas Intermediate (WTI) crude fell 0.54%…

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Samsung Reports Record $62 Billion Profit in Q2 Driven by AI Chip Surge

Samsung Electronics has reported a record quarterly operating profit of 89.5 trillion won ($62 billion) for the April-June period, driven…

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