MUMBAI: RBI has come out with a Digital Payments – Emandate Framework, 2026 which seeks to make recurring digital payments simpler, safer and more user-centric by reducing friction while retaining safeguards, marking a shift towards a consent-driven autopay ecosystem.The guidelines mandate a 24-hour pre-debit notification, requiring issuers to inform users in advance about the merchant…
Manoj Kumar Jain told ET that gold and silver are expected to witness continued price swings during the week, influenced by changes in the dollar index, trends in crude oil, and ongoing uncertainty surrounding a potential US-Iran peace agreement. He highlighted that gold has a support zone between $4,681 and $4,640 per troy ounce, while…
MUMBAI: With Brent crude sliding below the $90/barrel mark and WTI close to $85 on the back of the likely second round of peace talks between US and Iran, sensex rallied 753 points (1%) on Tuesday to close over the 79K mark, a level not seen for over six weeks. Market players, however, are cautious…
BENGALURU/NEW DELHI: HCLTech’s results presented a mixed picture, weighed down by client-specific headwinds, delayed procurement decisions and persistent market volatility, even as the company continued to lean into artificial intelligence as a long-term growth driver.Revenue for the March quarter declined 3.3% sequentially in constant currency (which excludes currency impact) and grew 2.4% year-on-year. In dollar…
MUMBAI: Even as it contends with slow sales and stiff competition from rivals, Elon Musk’s Tesla is expanding into India with a new product launch and wider coverage of its service centres and charging stations in the country. On Wednesday, the electric vehicle (EV) giant launched its six seater Model Y L variant in India,…
Living in Mumbai, Bengaluru, Pune or parts of the Delhi-NCR region? You might find it hard to grab a can of Diet Coke this summer. The Middle East war has already rattled oil supplies, economies across the globe and multiple sectors—now it’s hitting something far more familiar on everyday shelves: Diet Coke. The beverage is…
Tech Mahindra closed FY26 with higher earnings and revenue, as the IT services firm reported a net profit of Rs 4,810.9 crore for the year, marking a rise of 13.15% taking the total to Rs 15,076 crore. The company’s revenue increased 7.2% year-on-year to Rs 56,815.4 crore.Compared with the previous quarter, revenue was higher by…
Russia’s share of India’s crude oil imports in March 2026 placed the month at the upper end of historical high. (AI image) In early March, India was staring at a possible crude oil supply problem – the US-Iran war caused the Strait of Hormuz through which 20% of global crude transits to be effectively closed….
Wall Street began in green on Wednesday, lifted by news that US President Donald Trump had agreed to prolong the ceasefire with Iran, soothing fears of further escalation. As of 7:17 pm IST, Dow Jones was up 320 points or 0.65% to 49,469 while tech heavy Nasdaq jumped 200 points or 0.8% to reach 24,460….
The petroleum and natural gas ministry amended the framework for the aviation turbine fuel (ATF) on Wednesday, formally allowing it to blend it with synthetic fuels. The measure is aimed towards bringing clarity to fuel standards amid growing use of alternative and blended aviation fuels.The revised notification redefines ATF to include not just conventional hydrocarbon…
