Foreign investors are steadily cutting their share in Indian equities, while domestic investors are stepping in stronger than ever, reshaping the ownership pattern of the stock market, according to JM Financial’s Fundamental Research report.FII ownership in Indian equities dropped to 14.7% in April 2026 from 19.9% in April 2016, hitting its lowest level since June…
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”….
China’s trade stepped up pace in April, with exports surging well beyond expectations even as the Iran war and elevated US tariffs continued to cast uncertainty over global markets.Official data released on Saturday showed Chinese exports climbed 14.1% compared with a year earlier, a substantial jump from March’s 2.5% rise and a performance that outpaced…
For thousands of sailors stranded on nearly 1,600 ships in the Strait of Hormuz, “Project Freedom” turned out to be more of a pit stop than passage. US President Donald Trump’s much-talked-about plan to help commercial vessels cross one of the world’s most dangerous waterways lasted just 48 hours, with only two ships making it…
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…
The cost of crude has been averaging $105.4 a barrel so far in May. Brent crude hovered at nearly $100 a barrel on Friday, while the Indian oil basket was priced at $99.69 a barrel. The rupee cost has shot up further due to the currency weakening against the dollar. “Oil companies are purchasing costlier…
NEW DELHI: The West Asia conflict is pushing govt to look at a faster transition towards renewable energy, including the possibility of increasing ethanol blending in petrol from 20-25%, although in a calibrated manner. This will come along with increased refining capacity within the country, so that there is a buffer in the system and…
India’s labour market is changing, but the transition is not uniform. Over the years, employment has moved away from the agriculture sector towards non-farm activities and larger enterprises. Yet, agriculture continues to account for a major share of jobs, highlighting how it is still India’s job market backbone.The latest PLFS 2025 unit-level data by SBI…
Wall Street stocks climbed on Friday after stronger-than-expected US jobs data eased concerns over the economy, even as investors continued to monitor tensions in the Middle East and uncertainty around the Iran conflict.The S&P 500 rose 0.7 per cent and moved closer to a fresh record high, while the Nasdaq Composite gained 1.2 per cent…
File photo: Hiring sign for sales professionals is displayed at a store in US (Picture credit: AP) America’s employers added a stronger-than-expected 115,000 jobs in April despite economic uncertainty triggered by the Iran war, according to data released by the US labor department on Friday.The unemployment rate remained unchanged at 4.3 per cent, while hiring…
