MUMBAI: Bank of Baroda has agreed to pay $600 million (about Rs 5,700 crore) to the administrators of the collapsed West Asian healthcare group NMC Health in an out-of-court settlement that brings to a close years of cross-border insolvency and fraud-related litigation, with both sides making no admission of liability and courts in Abu Dhabi…
BENGALURU: The rise of GenAI is exposing new vulnerabilities in campus hiring, as recruiters confront increasingly sophisticated cheating techniques-from hidden wearable devices and AI-assisted tools to proxy candidates and ghost coders taking control of assessments via remote desktop software.Recruiters say organised “interview-as-a-service” networks are making hiring fraud more sophisticated, prompting companies to deploy AI-powered proctoring…
Wall Street traded mixed on Thursday after a weaker-than-expected US jobs report strengthened expectations that the Federal Reserve could hold off on raising interest rates at its upcoming meeting.Around 8:15 PM IST, the Dow Jones Industrial Average gained 392.58 points, or 0.75%, to trade at 52,697.82. The S&P 500 also edged higher, rising 18.27 points,…
PM Narendra Modi and Japanese Prime Minister Sanae Takaichi. (ANI photo) India and Japan on Thursday announced a series of major initiatives, including a new economic partnership framework, a defence agreement for the joint development of military equipment, and measures to deepen cooperation in the energy sector to strengthen resilience against oil supply disruptions. The…
US job growth slowed sharply in June with employers adding just 57,000 jobs, according to data released by the US bureau of labor statistics. The slump came even as the unemployment rate eased to 4.2% from May’s figure of 4.3%, with almost 7.1 million people reporting to have jobs.Non-farm payrolls rose by 57,000 in June,…
Dalal Street ended Thursday on a bright note, with benchmark equity indices Sensex and Nifty closing nearly 1% higher. The momentum was buoyed by a sharp rally in IT stocks and easing crude oil prices as geopolitical tensions showed signs of cooling. The 30-share BSE Sensex gained 579.48 points, or 0.75%, to close at 77,502.12…
Air India Express has fully restored its Middle East operations, bringing back services to Kuwait and Salalah, ending the suspension of flights to the last remaining destinations in the region. The airline resumed flights on the Kozhikode-Salalah sector from July 2, while services between Kozhikode and Kuwait are set to restart from July 3. Flights…
Foreign investors continued to exit Indian equities for yet another month, with June witnessing withdrawals of Rs 49,340 crore $5.16 billion), as global and domestic factors continued to weigh on investment sentiment.The latest sell-off has pushed cumulative Foreign Portfolio Investor (FPI) outflows from Dalal Street to Rs 2.7 lakh crore in 2026 so far, according…
The important thing to understand is that ITR filing is a statutory requirement and an important financial record-keeping. (AI image) ITR filing AY 2026-27: Filing your income tax return (ITR) is an important financial record which should not be missed even if your income falls below the mandatory filing threshold. For salaried taxpayers the last…
AI generated image, used only for representational purpose Every next electric vehicle in India will reduce not just petrol usage, but also help cut down the country’s crude oil import bill! According to a recent report by State Bank of India (SBI), the country could save nearly Rs 1 lakh crore if electric vehicles account…
Report says OpenAI discussed giving the Trump administration a 5 per cent stake amid growing scrutiny of AI firms OpenAI has reportedly considered giving the Trump administration a 5 per cent stake in the company as AI firms face growing scrutiny in Washington over the potential misuse of advanced models and whether Americans should share…
The EPF Scheme, 2026 replaces the Employees’ Provident Funds Scheme, 1952. (AI image) For millions of salaried employees in India, the Employees’ Provident Fund (EPF) remains one of the most important financial safety nets. It helps build retirement savings, provides support during emergencies and serves as a long-term social security benefit that continues throughout an…
