Business

State-owned oil marketing companies (OMCs) have incurred losses of more than Rs 1 lakh crore over the past 10 weeks as they continued to shield Indian consumers from soaring global fuel prices triggered by the ongoing Middle East conflictThe three state-run fuel retailers, Indian Oil Corporation, Bharat Petroleum Corporation Limited and Hindustan Petroleum Corporation Limited,…

Indian equity markets are expected to remain volatile this week as investors closely track geopolitical developments surrounding the ongoing US-Iran tensions, movement in crude oil prices, foreign investor activity and key inflation data, according to market analysts.Analysts quoted by news agency PTI said the conflict in the Middle East and fluctuations in Brent crude prices…

Gold and silver prices are expected to remain range-bound for the second straight week as investors closely monitor developments in US-Iran peace negotiations and key global macroeconomic data, analysts said.Market participants are expected to track inflation data from China, Germany and the United States, along with GDP figures from the Eurozone and the UK later…

“Beta, paise ped par ugte hain kya?”Almost every Gen Z has heard this at least once, whether while ordering that expensive K-beauty product or clicking “buy now” on those must-have sneakers.Generation Z, the ‘fam’ that treats a 10-step skincare routine like a basic life skill, coffee runs like a non-negotiable ritual, and concerts like therapy…

Mumbai : Health insurance is steadily increasing its dominance in India’s non-life insurance industry, with its share rising to 40.8% in FY26 from 38.6% a year earlier. Health as a segment grew 15.4% to about Rs 1.4 lakh crore, even as the non-life industry grew 9.3%, with total gross direct premium income reaching nearly Rs…

NEW DELHI: In a morale booster for employees, lossmaking Air India on Friday said it does not anticipate any layoffs even as the airline has been battling a series of black swan events for a year now. However, annual increments “will be deferred by at least one quarter in light of the uncertain economic environment”….

Oil pipelines across the globe are running dry, depleting at an unprecedented rate as the ongoing Iran war severely disrupts crude flows from the Persian Gulf, rapidly eroding the buffer that usually protects markets from supply shocks.The sharp fall in inventories has triggered rising concern across governments and energy markets, with the loss of more…

NEW DELHI: Blind users struggle with navigating unfamiliar indoor spaces, reading signs or understanding visual cues. And, most people take this for granted. This problem is what pushed 20-year-old Nimar Sharma, a student at Chitkara University on the outskirts of Chandigarh, to build Blind Bridge, an accessibility-focused app that aims to make everyday navigation easier…

More than a decade after the launch of the Centre’s flagship Jan Suraksha programmes, claims amounting to nearly Rs 25,160 crore have been paid out under two major insurance schemes, with enrolments include several crores across life cover, accident insurance and pension initiatives. Finance minister Nirmala Sitharaman, marking 11 years of the Jan Suraksha schemes…

With another tax return filing season round the corner, it is pertinent for taxpayers to plan. (AI image) India’s personal tax compliance framework is undergoing a decisive transformation, driven by digitisation, pre-filled data integration, and the introduction of simplified tax regimes by the Indian Income tax department.The Income tax return (ITR) forms for FY 2025–26…