Business

Global financial services major JP Morgan has leased nearly 2.7 lakh sq ft of office space in Mumbai’s Powai. The deal involves rental payments of over Rs 612 crore over five years, making it one of India’s largest enterprise flexible workspace leases.The office space has been leased by JP Morgan at One Downtown Central, formerly…

Union budget 2026 (ANI image) The Federation of Associations of Cottage and Small Industries (FACSI) has requested the central government to provide tax, credit and regulatory relief measures for micro and small enterprises (MSEs) in the 2026-27 Union Budget, aiming to sustain growth and strengthen their role in India’s industrial ecosystem.In a pre-budget letter to…

Gold prices remained firm across major Indian cities on Tuesday, while silver surged to fresh record highs amid global uncertainty and safe-haven buying.The yellow metal eased slightly after scaling record highs. On the MCX, February gold slipped Rs 196 or 0.14%, to Rs 1,41,836 per 10 grams. In overseas markets, Comex gold fell 0.33% to…

File photo (Picture credit: AP) Recent political and military developments in Venezuela are unlikely to have any meaningful impact on global crude oil prices in the near term, or on Indian companies, as the country plays a relatively small role in global oil supply, Crisil Ratings said on Tuesday.In a note, Crisil said that even…

MUMBAI: Three banks on Monday appealed against interim relief granted to industrialist Anil Ambani last month by a single-judge bench of the Bombay high court. The judge had restrained the lenders from taking action against Ambani’s accounts based on a forensic audit report (FAR) of 2020.The HC, had in Dec, agreed with Ambani’s contention that…

NEW DELHI: Quick commerce platforms on Tuesday agreed to remove “10-minute delivery” service following the intervention of Union minister Mansukh Mandaviya over the safety of delivery partners, news agency ANI reported, citing sources.This comes after Mandaviya held discussions with officials of Blinkit, Zepto, Swiggy, and Zomato, advising them cut slack on the strict delivery time…

If Budget 2026 is to accelerate growth meaningfully, it must leave more money in the hands of taxpayers. (AI image) By Umesh Kumar JethaniAs India pushes towards the $5-trillion economy milestone, the Union Budget 2026 has a pivotal opportunity to fuel this growth. Consumption remains the most reliable engine of the Indian economy. Yet, rising…

IREF pointed out that Indian rice shipments to the US are already levied with a 50% duty. (AI image) India’s rice exports may bear the brunt of escalating tensions in Iran and US President Donald Trump’s latest move to impose 25% tariffs on any country doing trade with Iran. “Effective immediately, any Country doing business…

Ashwini Vaishnaw (ANI image) India on Monday participated in the Finance Ministerial on Securing Critical Minerals Supply Chains hosted by US Treasury Secretary Scott Bessent in Washington. Union Minister for Railways, Information & Broadcasting and Electronics & IT Ashwini Vaishnaw represented the country in the high-level meeting. New Delhi underlined its strong commitment in building…

Representative image (AI) There has been widespread confusion among bank customers over January bank holidays, particularly around Lohri and Makar Sankranti. Many are unsure whether banks will be closed today or tomorrow.As per the Reserve Bank of India (RBI) holiday calendar, bank holidays vary from state to state, depending on regional festivals and observances. This…