Business

US stocks moved closer to record levels on Wednesday after data showed the country’s unemployment rate unexpectedly improved last month, boosting investor confidence about the resilience of the economy.The S&P 500 rose 0.5% and was trading just below its all-time high set late last month. The Dow Jones Industrial Average was up 222 points, or…

The Magenta Line (Line-8) is set to become the longest corridor in the Delhi Metro network, with the highest number of interchange stations and underground sections, significantly strengthening cross-city connectivity across the National Capital Region, according to a Delhi Metro Rail Corporation (DMRC) statement.The development comes following the recently sanctioned Phase-V (A), under which the…

Indian Railways’ accelerated electrification push has sharply reduced diesel consumption, helping cut crude import dependence while expanding cleaner rail operations across the country. Mission-mode electrification has now covered about 99.4% of the Broad Gauge network, with the remaining stretches also taken up for completion.According to information shared by Railways Minister Ashwini Vaishnaw in the Lok…

Bengaluru: Cipla Foundation Wednesday announced a partnership with the Indian Institute of Science (IISc) to set up the Cipla Foundation Centre for Pulmonary Medicine at the Tata IISc Medical School. The facility will provide diagnostics, outpatient and inpatient care, a dedicated intensive care unit, and high-dependency services for the treatment of respiratory illnesses.The Centre for…

The government’s stake sale in Bharat Heavy Electricals Ltd (Bhel) was oversubscribed two times on the first day, with institutional investors placing bids worth over Rs 5,650 crore on Wednesday.Institutional investors bid for more than 22.07 crore shares at an indicative price of Rs 256.07 per share, against about 9.40 crore shares on offer under…

India on its part has said that the country’s energy security will drive purchase decisions. (AI image) Days after India and the US announced a trade deal, the government has reportedly urged refiners to consider picking up more crude oil from the US and even Venezuela. US President Donald Trump has removed the 25% tariffs…

As H-1B delays persist, the issue warrants attention beyond immigration policy alone. For more than three decades, the H-1B visa program has been a cornerstone of economic integration between India and the United States, enabling movement of highly skilled professionals into sectors critical to US productivity and innovation. Indian nationals account for more than 70%…

India UAE AI Partnership: Human-Centric AI Collaboration for Social Welfare and Growth In 2026, two of Asia’s fastest-advancing digital economies, India and the United Arab Emirates (UAE), are deepening their collaboration on artificial intelligence (AI), moving beyond commercial interests toward a shared vision of human-centric AI that emphasises social welfare, responsible governance, equitable growth and…

Benchmark equity indices Sensex and Nifty ended almost unchanged on Wednesday in a volatile, range-bound session, as gains in PSU banking and auto stocks were neutralised by weakness in information technology shares. The 30-share BSE Sensex slipped 40.28 points, or 0.05 per cent, to settle at 84,233.64. During the session, the index touched an intraday…

Safe-haven buying returned to the bullion market as silver and gold futures rebounded sharply, tracking supportive global cues and a softer US dollar.Gold futures also saw value buying, with the April contract rising Rs 1,397, or 0.89 per cent, to Rs 1,58,200 per 10 grams. In the previous session, the yellow metal had settled lower…