Business

Indian airline IndiGo has launched direct flight services between Mumbai and Amsterdam. The new route, announced on Wednesday, marks the airline’s second major long-haul launch in two days, following the start of Mumbai-Manchester flights.“This route will not only enhance connectivity for leisure, business, and student travellers, but also deepen the thriving partnership between India and…

RBI’s gold holdings remain stable at 880 metric tonnes from end-March through end May this year. (AI image) The Reserve Bank of India (RBI) has maintained its current gold reserves without additions so far in FY26, potentially linking its acquisition strategy to anticipated downward price movements in this safe-haven commodity. Gold prices have risen 80%…

Representative image credits: AFP The US dollar has dropped more than 10 per cent in the first half of 2025, marking its sharpest six-month decline since 1973, and sparking fresh warnings from economists and currency experts about the potential for heightened financial market volatility.Despite a full rebound in US stock markets, with the S&P 500…

SEBI issued an interim directive stating that Jane Street would be banned from participating in the country’s securities market. (AI image) US trading firm Jane Street has been barred by Indian market regulator, the Securities and Exchange Board of India (SEBI), from domestic markets. SEBI has imposed restrictions on Jane Street trading firm, ordering them…

Asian markets waver as Trump’s Tariff deadline nears (Image credits: AP) Asian markets showed mixed movement on Friday as investors treaded carefully ahead of a looming US tariff deadline set by President Donald Trump. The uncertainty overshadowed positive cues from Wall Street, where a strong US jobs report lifted major indexes to record highs.Trump told…

Market analysts anticipate continued consolidation, suggesting investors will likely maintain a cautious stance. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Friday. While Nifty50 was above 25,400, BSE Sensex was up over 50 points. At 9:19 AM, Nifty50 was trading at 25,413.90, up 9 points…

Top stocks to buy (AI image) Stock market recommendations: According to Bajaj Broking Research, UPL, and Chennai Petroleum Corporation are the top stock picks for today. Here’s its view on Nifty, Bank Nifty and the top stock picks for July 4, 2025:Index View: NIFTYIn recent weeks, the Nifty index has showcased remarkable resilience, maintaining its…

BENGALURU: Amid low single-digit salary hikes and growing job market unpredictability, the IT industry is witnessing a sharp rise in moonlighting-related verifications. Companies now scan for overlapping employment – clear indicators of concurrent roles or undisclosed prior engagements. Such discrepancies are automatically flagged and escalated for client review. The final determination of risk or policy…

NEW DELHI: The country’s economy is projected to grow by 6.4-6.7% during the current financial year, Rajiv Memani, newly appointed president of Confederation of Indian Industry (CII), said on Thursday but cautioned that geopolitical uncertainty could pose a risk to the forecast. “At a time when global economic and political volatility is at its highest…

After soaring over 40% in the past year and hitting record highs, gold prices may be running out of steam. Analysts and research houses including Citi, Motilal Oswal, and Fitch unit BMI have raised caution flags, pointing to shifting macroeconomic conditions that could undercut the yellow metal’s recent safe-haven strength.The run-up in gold prices has…