Air India is negotiating with Airbus and Boeing to acquire up to 300 aircraft, including as many as 80 to 100 wide-body jets, as part of an accelerated expansion of its fleet under the Tata Group, Reuters reported citing sources familiar with the matter on Wednesday.The talks come on top of earlier discussions for around…
Infosys has stepped up lateral hiring across its development centres in India, offering cash rewards to employees who recommend candidates for open positions, signaling growing momentum in mid-career recruitment at the Bengaluru-headquartered software giant, according to an ET report.In an internal communication, Infosys outlined referral bonuses of Rs 10,000 for job level 3 hires, Rs…
Malhotra affirmed on Wednesday that Indian markets possess significant depth, whilst highlighting the country’s robust macroeconomic fundamentals. (AI image) India’s economic story is strong, and with a largely domestically driven economy, the impact of US tariffs is not a matter of huge concern, believes RBI governor Sanjay Malhotra. The Donald Trump administration has imposed 50%…
China on Wednesday termed Donald Trump‘s 100% tariff threat as the “wrong approach” to deal with Beijing, as it went on to defend its export control measures on rare earths and related items. It called upon the States to address issues through dialogue and consultation on the “basis of equality, respect and mutual benefit”.“China’s position…
Wall Street advanced on Wednesday as robust earnings from major technology and banking firms overshadowed lingering US-China trade concerns. The S&P 500 gained 0.9%, recovering from a volatile session, while the Dow Jones Industrial Average rose 320 points, or 0.7%, and the Nasdaq composite climbed 1.1% by 10 a.m. Eastern time, driven largely by strength…
Reserve Bank of India Governor Sanjay Malhotra indicated that policy space exists for a further rate cut, but the timing needs to be right to ensure the move has the desired impact, according to minutes of the Monetary Policy Committee (MPC) meeting released on Wednesday.Malhotra, along with five other MPC members, voted to maintain the…
Private sector lender Axis Bank on Wednesday reported a 26 per cent decline in standalone net profit to Rs 5,089.64 crore for the quarter ended September 2025, down from Rs 6,917.57 crore in the same period last year and Rs 5,806.14 crore in the preceding quarter.The bank’s net interest income (NII) rose marginally by 1…
Silver rate today: Silver prices retreated sharply on Wednesday, dropping Rs 3,000 to close at Rs 1,82,000 per kg (inclusive of all taxes) after surging Rs 6,000 to a record Rs 1,85,000 per kg on Tuesday. In the overseas market, spot silver was trading 2.81 per cent higher at $52.84 per ounce, down from a…
India’s merchandise exports in September 2025 rose 6.75 per cent to $36.38 billion from $34.08 billion a year earlier, while imports jumped 16.7 per cent to $68.53 billion, according to data released by the ministry of Commerce and Industry on Wednesday. The surge in imports, led by gold, silver, fertilisers, and electronics, pushed the merchandise…
NEW DELHI: Government sources on Wednesday said that discussions between India and the United States on trade issues are “deeper and ongoing,” with both sides working towards finding a “win-win solution.“According to government sources quoted by ANI, engagement between India and the United States is continuing at multiple levels, with constructive discussions taking place.“The ambassador-designate…
