SRINAGAR — J&K Bank has bagged Gold award at the Finacle Innovation Awards 2026 in the category for “Modern Technologies-led Innovation – Data Insights & Analytics Platform”. Its MD and CEO Amitava Chatterjee, along with General Manager (Strategy & IT/CIO) Mohammad Muzaffar Wani, received the award at an event organised by Infosys Finacle in Mumbai, […]
NEW DELHI — Car market leader Maruti Suzuki India on Thursday said it will hike prices of its vehicles prices across models by up to Rs 30,000 from June 2026 citing inflationary pressures and adverse cost environment. The company has decided to increase prices of its models across its portfolio by up to Rs 30,000 […]
NEW DELHI — Gold prices remained flat at Rs 1.62 lakh per 10 grams in the national capital on Monday, while silver rates edged higher to Rs 2.76 lakh per kilogram amid fresh restrictions on imports of the white metal and weakness in the rupee. According to the All India Sarafa Association, the white metal […]
WASHINGTON — Indian billionaire industrialist Gautam Adani has agreed to pay a multi-million-dollar settlement in a US civil court case linked to corruption without admitting guilt, his company said Friday. The November 2024 indictment in New York accused the industrialist and multiple subordinates of deliberately misleading international investors as part of a vast bribery scheme. […]
WASHINGTON — When the Justice Department indicted India’s richest man in the final weeks of the Biden administration, prosecutors described an “elaborate” bribery scheme involving “corruption and fraud at the expense of U.S. investors.” Now, according to several people with knowledge of the case, the Justice Department is planning to drop the charges altogether. The […]
NEW DELHI — Air India Group recorded a record loss of more than $2 billion for its 2025-26 fiscal year, according to shareholder Singapore Airlines’ (SIAL.SI), opens new tab annual report, as India’s second-largest airline grappled with disruption from the Iran war and Pakistan’s ban on Indian carriers from its airspace. In the report released […]
NEW DELHI — Major dairy brands Amul and Mother Dairy on Wednesday announced an increase of Rs 2 per litre in milk prices, effective from May 14, citing rising input and procurement costs. Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets milk under the Amul brand, said the prices of fresh pouch milk have been […]
NEW DELHI — The government on Wednesday hiked import duties on gold and silver to 15 per cent from 6 per cent as part of measures to curb inbound shipments of precious metals amid a rising import bill due to the West Asia crisis. Days after Prime Minister Narendra Modi’s clarion call for curbs on […]
MUMBAI — The Indian rupee is set to weaken at Tuesday’s open, with a possible slide to a lifetime low against the U.S. dollar, on concerns that the fragile U.S.-Iran ceasefire may be fraying, keeping oil prices high and the currency under pressure. The rupee is expected to open at 95.45–95.55, traders said, after sliding […]
NEW DELHI — Tycoon Gautam Adani has overtaken fellow Gujarat business czar Mukesh Ambani to become Asia’s richest person, as a sustained rally in shares of his ports-to-energy conglomerate lifted his net worth. With a net worth of USD 92.6 billion, Adani surpassed Ambani, whose fortune stands at USD 90.8 billion, to become the richest […]