Economy

Dubai's financial hub sees a cautious return to normal as office attendance and traffic recover following ceasefire, despite recent missile alerts prompting temporary remote work and school closures.

Retirees are also expected to receive proportionate gains if the 8th Pay Commission accepts the fitment factor of 3.83.

CBDT plans pilot projects, wider SFT coverage and tech-driven surveillance to tighten oversight of crypto transactions from FY27

The tax department will monitor top advance-tax payers and identify misuse of exemptions and deductions.

Loan growth across retail segments including home loans, personal loans and gold loans, he says, has been robust and the bank expects the trend to continue in FY27.

The report showcases a labor market that's stabilizing after near-zero job growth last year.

Government and banking sector estimates suggest that nearly 1.1 crore MSME accounts - around 45% of the country's MSME loan portfolio.

Some companies might respond to the new H-1B rules by moving jobs overseas, according to Kevin Miner, a partner at immigration law firm Fragomen.

This guideline will provide a standardised framework aimed at ensuring consistency, reliability and comparability of state-level estimates, it said.

Initial claims rose by 10,000 to 200,000 in the week ended May 2, according to Labor Department data released Thursday. The median forecast in a Bloomberg survey of economists called for 205,000 applications.

AIDEF has sought a minimum basic pay of Rs 69,000, 3.833 fitment factor, higher risk allowances and sweeping cadre restructuring for defence civilian employees under the 8th Pay Commission.

Maharashtra CM Devendra Fadnavis announced Rs 33,000 crore projects for Nashik's Simhastha Kumbh Mela, aiming to boost industrial development and create around 32,000 jobs.

Unions push for Rs 69,000 minimum pay, pension overhaul and higher allowances ahead of crucial consultations with the 8th Pay Commission next week.

S&P Global and CRISIL warned rising crude prices and rupee weakness could pressure India's FY27 growth outlook.

Merchandise exports grew 0.93% to $441.78 billion in the last fiscal year from $437.70 billion in 2024-25, the data showed.

Indian Prime Minister Narendra Modi held talks with Vietnam President To Lam in New Delhi on Wednesday, with agreements signed across sectors ranging from rare earths to payment systems.

There will be no increase made in domestic LPG prices and in petrol and diesel prices at fuel stations due to this development.

Indian firms pledged $20.5 billion at the 2026 SelectUSA Summit, led by pharma giants and major investments in US manufacturing and AI.

Freshworks CEO Dennis Woodside said over half of the company's code is written by AI, reducing routine work across teams globally.

Oil markets remain volatile following tensions in the Middle East and concerns over disruptions through the Strait of Hormuz, a key route for global crude and natural gas shipments.