NEW DELHI: Retail inflation based on consumer price index (CPI) inched up for the fourth consecutive month to 3.9% in May from 3.5% in April on account of acceleration in food prices, data released by NSO on Friday showed. The food index rose 4.8% in May, above 4.2% in the preceding month.Despite the staggered increase…
BENGALURU: Byju Raveendran secured a temporary reprieve after the Singapore High Court stayed key provisions of an earlier order sentencing him to six months in prison for civil contempt.In a statement on Friday, his legal counsel, Lazareff Le Bars, said the General Division of the Singapore High Court stayed the committal and surrender provisions of…
Tata Motors chairman N Chandrasekaran MUMBAI: Tata Sons’ board met on Friday to approve the company’s financial results for the year ended March 31, 2026, recommending a dividend to equity shareholders, even as it kept chairman N Chandrasekaran’s reappointment off the agenda for a second consecutive time.“The board stuck to the agenda and there was…
The carrier is also reevaluating plans to fly to new domestic and international destinations, pruning some routes and postponing launches at some airports, such as the new Noida International Airport, the people familiar with the matter said. Air India’s cowed ambitions follow a series of challenges that have pushed it deep into the red. Air…
MUMBAI: As talks of a peace deal in West Asia revived on Thursday night, sending Dow Jones up over 900 points and pulling Brent crude prices below the $90-per-barrel mark, the rub-off effect was felt on Dalal Street on Friday. Sensex, after rising more than 1,000 points in early trades, and dipping slightly mid-session, closed…
New Delhi: Govt has de-licenced radio spectrum used for automotive radar and vehicle-to-everything (V2X) communications, paving the way for wider deployment of advanced road-safety technologies and collision-avoidance systems.Department of telecommunications (DoT) has issued two notifications de-licencing the 77-81 GHz band used for automotive radar systems and the 5.9 GHz band used for V2X communications that…
The rupee surged 67 paise to close at 95.18 against the US dollar on Friday, supported by a sharp fall in global crude oil prices after US President Donald Trump signalled that a deal with Iran could be imminent, PTI reported.A positive trend in domestic equity markets and weakness in the US currency further aided…
Elon Musk’s net worth is tied mainly to these two companies – SpaceX and Tesla. (AI image) Who wants to be a millionaire? Several years ago an American show highlighted people’s aspiration of reaching the 7-digit figure. Almost three decades later, the world has got its first trillionaire – Elon Musk. A figure that has…
Elon Musk has become the world’s first trillionaire on Friday after SpaceX made its stock market debut on Nasdaq.The company’s shares jumped over 21 per cent shortly after listing, lifting Musk’s estimated fortune above the $1 trillion mark, according to Bloomberg. The bulk of his wealth exists on paper, rather than cash, derived primarily from…
How do you measure a trillion dollars? Start with the zeroes. A trillion is written as $1,000,000,000,000 — a one followed by 12 zeroes. Yet even that barely captures its scale. As SpaceX’s market debut pushes Elon Musk towards what could become the world’s first trillion-dollar personal fortune, the number is so large that it…
India’s king of fruits is sweet, fragrant and beloved across continents. Every summer, Alphonso, Kesar, Dasheri, Langra and Chausa mangoes trigger memories of family gatherings, school vacations and seasonal indulgence.Yet India’s position in global trade tells a very different story.For a country that dominates global production, it contributes only about 2-3 per cent of global…
US stocks advanced on Friday as falling oil prices lifted sentiment and investors awaited the highly anticipated market debut of SpaceX, a listing that could provide a fresh test of appetite for artificial intelligence-related stocks.The S&P 500 rose 0.6%, while the Dow Jones Industrial Average gained 480 points, or 1%, as of 11:11 am Eastern…
