Business

The Union Cabinet has approved the Bharat Audyogik Vikas Yojana (BHAVYA), a Rs 33,660 crore central sector scheme to develop 100 investment-ready plug-and-play industrial parks across the country, in a move aimed at accelerating manufacturing growth and employment generation.The scheme will be implemented over a six-year period from FY 2026-27 to FY 2031-32, with industrial … Read more

As tensions escalate in the boiling Middle Eastern region, residents and travellers are scrambling to catch the first outbound flights. Yet, many Indian blue-collar workers remain behind, choosing to stay for their jobs and to support their families rather than return home. While salaries continue to be paid on schedule, recruiters caution that a prolonged … Read more

Jag Laadki at Mundra port NEW DELHI: The Indian-flagged crude oil tanker Jag Laadki arrived at Mundra port in Gujarat on Wednesday, becoming the third such vessel to reach India in as many days amid the ongoing conflict in the Middle East.Click here for live updates The tanker docked carrying approximately 80,886 metric tonnes of … Read more

Indian refiners have purchased nearly 30 million barrels of Russian crude within a week. (AI image) India is aggressively buying Russian crude oil amidst supply disruptions from Strait of Hormuz caused due to the ongoing US-Iran war and Middle East conflict. In fact, India is buying such huge quantities of Russian crude, that tankers headed … Read more

As the Middle East crisis continues to escalate, its impact is now being felt across Indian households and businesses such as eateries and restaurants, with the country relying on imports for 60% of its LPG needs. Amid rising concerns over LPG supply flows, the government is encouraging both households and commercial users to shift towards … Read more

Gold has witnessed a modest decline lacking bullish conviction amid mixed cues as USD strength persists ahead of the US Fed decision. (AI image) Gold price prediction today: Gold prices lack an immediate bullish bias, though the current phase is more consolidative than corrective, says Maneesh Sharma, AVP – Commodities & Currencies at Anand Rathi … Read more

NEW DELHI: Airlines will now have to offer at least 60% seats “on any flight” without any selection charge and passengers travelling on the same PNR — who are usually family members or the travelling in a group — will need to be seated together, “preferably on adjacent seats,” The Directorate General of Civil Aviation … Read more

Asian equities mostly inched higher on Wednesday, tracking a pause in the recent rally in oil prices, even as investors remained cautious amid escalating tensions in the Middle East and awaited signals from the US Federal Reserve on interest rates.As of 9:15 am, Japan’s Nikkei was up 1,245.87 points or 2.32% to 54,946. South Korean … Read more

Kotak Institutional Equities reinstated its add rating on Aster DM with the target price at Rs 725. Analysts expect Aster DM, after its imminent merger with Quality Care (QCIL), to report robust numbers over FY26-FY28. Besides synergies, there are multiple other levers such as higher oncology mix, improved payor mix etc. to drive margin expansion. … Read more

UAE Labour Law: Can Employers Withhold Salary for Stranded Employees Amidst Iran vs US-Israel War? As geopolitical tensions in the Middle East and Iran vs US-Israel war disrupt travel and leave thousands of expatriates unable to return to the UAE, a pressing question is surfacing across workplaces and WhatsApp groups alike: Can your employer legally … Read more