Category: Business

The United States has approved only one applicant so far under President Donald Trump’s ‘Gold Card’ visa programme. According to Commerce Secretary Howard Lutnick, the visa programme will offer US residency in exchange for a $1 million fee.Testifying before a US House committee on Thursday, Lutnick said that the identity of the approved applicant was […]

For FY27, the company has guided for revenue growth in the range of 1.5 to 3.5 per cent in constant currency terms. (AI image) Infosys Q4 results: India’s second largest IT services firm, Infosys, on Thursday reported a 20.8 per cent increase in consolidated net profit to Rs 8,501 crore for the January to March […]

The commerce department is working with agencies, including the Shipping Corporation of India (SCI), which was on the privatisation list until recently, to run special vessels to West Asia t o help exporters move their goods at cheaper rates.While freight to West Asia is in the region of $3,000-3,500 per 20-feet equivalent (TEU) and $4,500-6,000 […]

NEW DELHI & BENGALURU: Shares of HCLTech fell nearly 11% on BSE on Wednesday after the company issued a softer-than-expected outlook following a muted March quarter performance.Responding to concerns around a 2–3% annual deflation driven by AI, CEO C Vijayakumar said the company has largely offset the impact of deflation in its traditional services business, […]

MUMBAI: The long-drawn process for the listing of NSE, the country’s largest stock exchange by turnover and revenue, got a boost after a panel set up by markets regulator Sebi cleared the bourse’s settlement offer in long-pending issues popularly known as colocation and dark fibre cases. These cases, more than a decade old, related to […]

Good news for travellers: France scraps transit visa for Indian passport holders France has lifted the airport transit visa requirement for Indian nationals with effect from April 10, the French Embassy in India announced on Thursday.Indian nationals holding ordinary passports are no longer required to obtain an airport transit visa when passing through the international […]

China has reported a massive leap in its domestic artificial intelligence (AI) computing power, with official figures suggesting capacity far beyond what is reflected in global benchmarks, raising questions about a potential “dark pool” of hidden compute.According to China’s ministry of industry and information technology (MIIT), the country has reached 1,882 exaflops — or 1,882 […]

The ministry of petroleum and natural gas on Thursday dismissed reports of a possible hike in petrol and diesel prices, calling them “fake news” and aimed at creating unnecessary panic among citizens.In a post on X, the ministry said, “There are some news reports suggesting a price hike of petrol and diesel. It is hereby […]

A ruling by the Supreme Court of the United States on February 20 struck down the reciprocal tariffs introduced by Donald Trump. (AI image) India-US trade deal: The Indian delegation’s visit to America for trade deal talks has concluded and US Trade Representative Jamieson Greer has called New Delhi a ‘tough nut to crack’. The […]

The sustained fall in domestic production has pushed up reliance on imports. (AI image) Highlighting import dependence, India’s crude oil output has declined for the eleventh year in a row in 2025–26. Natural gas production has also slipped for the second consecutive year. The decline in output was largely due to depletion in older fields […]