Initial applications for US jobless benefits totalled 232,000 in the week ended October 18, according to the US Labour Department website showing historical data for claims. Continuing claims, a proxy for the number of people receiving benefits, came in at
Shares of Goel Construction Company, a recent debutant on Dalal Street, are likely to be in focus during Wednesday’s trade on November 19, as the company has secured a major order from the Aditya Birla Group. The company, in a
Amid the political push and pull, the Centre’s decision to allow sugar exports and remove the 50 per cent duty on molasses exports has rekindled hope in the industry that more relief may follow. Image used for representational purpose. Photograph:
The rate of unemployment for those aged 15 and above remained steady at 5.2 per cent in October, according to a government survey released on Monday. Illustration: Dominic Xavier/Rediff The unemployment rate (UR) was 5.2 per cent in September, 5.1
India’s exports contracted 11.8 per cent to $34.38 billion in October on account of the impact of high tariffs by the US, while the trade deficit widened to a record high of $41.68 billion, mainly due to a jump in
‘Growth will definitely continue to come most from the sub-four-metre SUV segment, primarily because that is where the heart of economy and affordability is. Naturally, that will keep pushing the share of that segment (in overall PV sales) higher.’ IMAGE:
IT giant Infosys Ltd on Monday (November 17) said it has introduced its AI-first GCC model, a specialised offering designed to accelerate the setup and transformation of global capability centres (GCCs) into AI-powered hubs for innovation and growth. The model
The Chief Economic Advisor (CEA) of India, V Anantha Nageswaran, expressed his disappointment on Monday, arguing that Initial Public Offerings (IPOs) are increasingly becoming exit vehicles for early-stage investors in a venture, a trend he believes is undermining the true
‘By quick, fast, and just awards, the insurance ombudsman can bring the trust of the policyholders in the insurance system and insurance as a product and create a positive impact on the entire industry.’ The Insurance Regulatory and Development Authority
President Donald Trump on Friday signed an executive order retroactively lowering tariffs on a range of agricultural imports, including beef, tomatoes, coffee and bananas, with the change taking effect from November 20, CNN reported. Photograph: Leah Millis/Reuters The order removes
