In a move that will benefit thousands of state employees, the Madhya Pradesh government has decided to increase the dearness allowance (DA) to 58%, aligning it with the rate currently given to central government employees.The revised allowance will be applicable from April 2026 and will be paid with the May salary. The decision also covers…
The United States will not extend to India the kind of sweeping economic concessions it once granted China, said Deputy Secretary of State Christopher Landau on Thursday, claiming that those incentives allowed China to emerge as a rival.Speaking at the Raisina Dialogue, India’s flagship conference on geopolitics and geoeconomics, Landau made it clear that while…
US stock markets fell on Thursday as investors turned cautious after the previous session’s rally, while rising oil prices and geopolitical tensions weighed on sentiment.The Dow Jones Industrial Average dropped 801 points, or 1.6 per cent, dragged down by losses in stocks such as Caterpillar and Goldman Sachs. The S&P 500 declined 0.9 per cent,…
The average long-term US mortgage rate edged higher this week, ending a three-week decline as bond yields rose amid oil-price pressures linked to the war with Iran.The benchmark 30-year fixed mortgage rate increased to 6% from 5.98% last week, mortgage buyer Freddie Mac said on Thursday. A year ago, the average rate stood at 6.63%,…
Bollywood actor Shahid Kapoor has added a new luxury SUV to his garage. The actor recently shared an Instagram post in his new Mercedes-Benz G 450d, a diesel-powered version of the popular Mercedes-Benz G-Class. The SUV was launched in India in October last year at a price of Rs 2.9 crore, ex-showroom, and what makes…
Bengaluru-based EV maker Ultraviolette Automotive has launched a Battery-as-a-Service (BaaS) initiative called Battery Flex, allowing buyers to purchase the new Ultraviolette X‑47 Crossover at a significantly lower upfront price. Here’s a quick look at the details. Ultraviolette X47: BaaS details explained With the Battery Flex programme, the X-47 can now be purchased starting at Rs…
Electric vehicles are becoming more common in India. Electric scooters are now a regular sight in cities, and more families are bringing home EV cars as a second or even primary vehicle. Since public charging points are still growing, most owners rely on charging their vehicles at home. It is convenient and cheaper too. But…
Domestic automobile retail sales witnessed a strong surge in February, rising sharply year-on-year as demand improved across most vehicle segments. According to data released by the Federation of Automobile Dealers Associations (FADA), total retail sales reached 24,09,362 units in February 2026, compared to 19,17,934 units in the same month last year. This translates to a…
