Stock market today (AI image) Stock market today: Continuing the down trend, Nifty50 and BSE Sensex opened in red on Friday as oil prices climbed and the Strait of Hormuz closure halted important global trade. While Nifty50 went below 23,400, BSE Sensex tumbled 900 points. At 10:20 AM, Nifty50 was trading at 23,325.45, down 313.70…
Ongoing crisis in the Middle East is beginning to ripple through financial markets, with the impact now visible in the US bond market. The average rate on a long-term mortgage in the United States moved higher this week as bond market volatility persisted. According to mortgage buyer Freddie Mac, the benchmark 30-year fixed mortgage rate…
National Stock Exchange of India (NSE) has selected 20 bankers for its long-awaited initial public offering, the exchange said in a statement.The selected bankers include Kotak Mahindra Capital, JM Financial and Axis Capital, as well as the Indian units of Morgan Stanley, Citigroup, JPMorgan Chase & Co and HSBC Holdings. Eight law firms have also…
In her recent book ‘Having It All’ gender economist and associate professor of business economics and public policy at the Wharton School, University of Pennsylvania, Corinne Low talks about how women are caught in a ‘squeeze’ and what they must do to escape it.What made you write this book?I was caught in “the squeeze”- that…
BENGALURU: With the West Asia crisis escalating and recent Iranian strikes targeting the UAE, several IT companies and global capability centres (GCCs) have activated their business continuity plans (BCPs), introducing measures such as work-from-home, travel advisories and temporary office closures.Amid rising geopolitical uncertainty, many tech firms and GCCs are increasingly relying on India as a…
NEW DELHI: Kerosene oil, which has made a comeback for household use across several states and UTs, will be primarily made available through ration shops and, in some cases, from retail outlets of public sector oil marketing companies for cooking and lighting purposes. The Centre on Thursday allocated 48,000 kilolitres (kl) of additional kerosene to…
NEW DELHI: Govt has asked states and UTs to lift from the Central Pool rice and wheat under the free foodgrain scheme for three months in advance (till June) and distribute them to beneficiaries immediately. This directive comes as govt warehouses are brimming with rice and wheat stocks and little space is available for storing…
MUMBAI: Vinay Tonse, former managing director at State Bank of India, will take over as chief executive officer of Yes Bank after incumbent Prashant Kumar completes his term on Apr 6, following a change in the bank’s shareholding after Sumitomo Mitsui Banking Corporation acquired a 20% stake and became its largest shareholder.Tonse spent over 35…
Amid the rising oil prices as the Iran conflict continues to escalate, the Trump administration is considering the idea of suspending a key maritime law that requires American ships be used to transport between US ports.“In the interest of national defense, the White House is considering waiving the Jones Act for a limited period of…
Fixed term employment is steadily emerging as a mainstream form of hiring. (AI image) India’s world of work is changing. Businesses today operate in an environment marked by rapid technological shifts, evolving geopolitical dynamics, seasonal demand cycles, project‑based work and intense global competition. Geopolitical realignments, supply‑chain reconfiguration and cross‑border regulatory developments are influencing how organisations…
