[ad_1] NEW DELHI: In a morale booster for employees, lossmaking Air India on Friday said it does not anticipate any layoffs even as the airline has been battling a series of black swan events for a year now. However, annual increments “will be deferred by at least one quarter in light of the uncertain economic…
[ad_1] NEW DELHI: Blind users struggle with navigating unfamiliar indoor spaces, reading signs or understanding visual cues. And, most people take this for granted. This problem is what pushed 20-year-old Nimar Sharma, a student at Chitkara University on the outskirts of Chandigarh, to build Blind Bridge, an accessibility-focused app that aims to make everyday navigation…
[ad_1] MUMBAI: Banks have asked govt to review the definition of affordable housing by revising property value and size thresholds to reflect inflation and changing requirements, as rising ticket sizes and interest costs render existing limits less relevant.“We are the market leaders in housing finance and our home loan portfolio has grown by 13.7%. Our…
[ad_1] The cost of crude has been averaging $105.4 a barrel so far in May. Brent crude hovered at nearly $100 a barrel on Friday, while the Indian oil basket was priced at $99.69 a barrel. The rupee cost has shot up further due to the currency weakening against the dollar. “Oil companies are purchasing…
[ad_1] NEW DELHI: The West Asia conflict is pushing govt to look at a faster transition towards renewable energy, including the possibility of increasing ethanol blending in petrol from 20-25%, although in a calibrated manner. This will come along with increased refining capacity within the country, so that there is a buffer in the system…
[ad_1] File photo: Hiring sign for sales professionals is displayed at a store in US (Picture credit: AP) America’s employers added a stronger-than-expected 115,000 jobs in April despite economic uncertainty triggered by the Iran war, according to data released by the US labor department on Friday.The unemployment rate remained unchanged at 4.3 per cent, while…
[ad_1] MUMBAI: Zepto’s $1 billion IPO is a step closer to hitting Dalal Street with markets regulator Sebi giving it a go ahead for the issuance, details published on its website showed. The company which rivals Eternal’s Blinkit and Swiggy Instamart in India’s $10-11 billion quick commerce market (in terms of GMV or sales before…
[ad_1] BENGALURU: Urban Company’s push into instant domestic services dragged the company deeper into losses in the March quarter, as the home services platform ramped up spending to compete with fast-growing rivals such as Pronto and Snabbit in the emerging category.The Gurugram-based company reported a consolidated loss of Rs 161 crore for the March quarter,…
[ad_1] India’s forex reserves rise to $658.09 billion India’s foreign exchange reserves declined by $7.794 billion to $690.693 billion during the week ended May 1, according to data released by the Reserve Bank of India (RBI) on Friday.The reserves had fallen by $4.82 billion in the previous reporting week ended April 24, taking the overall…
[ad_1] Wall Street stocks climbed on Friday after stronger-than-expected US jobs data eased concerns over the economy, even as investors continued to monitor tensions in the Middle East and uncertainty around the Iran conflict.The S&P 500 rose 0.7 per cent and moved closer to a fresh record high, while the Nasdaq Composite gained 1.2 per…
