Japan inflation holds steady ahead of BoJ rate decision

Japan’s inflation rate held steady in November, official data showed Friday ahead of the Bank of Japan’s monetary policy decision which could see central bankers raise interest rates to their highest level in 30 years.The hike would be the first since January and could potentially exacerbate turmoil in debt markets.Yields on Japanese government bonds have…

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Accenture logs 6% revenue rise on AI demand

BENGALURU: Accenture reported revenues of $18.7 billion for the first quarter (Sept-Nov) of the 2026 financial year, marking a 6% increase in dollar terms and 5% growth in local currency. The performance came in at the top end of the company’s guided range of $18.1-18.7 billion, which had implied 1-5% growth in local currency.The performance…

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Trump speech signals high tariffs, higher walls

The TOI correspondent from Washington: In an animated prime time address from the Diplomatic Room in the White House on Wednesday night that was anything but diplomatic, President Donald Trump doubled down on a protectionist agenda that is sending ripples through the global financial system, emphasizing the benefits of broad tariffs and steep reductions in…

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ED restitutes Rs 312 crore of Kingfisher Airlines to its former employees

NEW DELHI: A day after photos of Vijay Mallya‘s pre-birthday celebration in London surfaced, ED Thursday announced it had restituted Rs 312 crore of Kingfisher Airlines to its former employees towards long-pending dues.The amount was transf-erred to the official liquidator for disbursement to former employees of Kingfisher Airlines after the restitution was approved by Debt…

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