Bank Holiday Today: Are Banks Open on August 16 for Janmashtami?
The festival of Janmashtami on Saturday, August 16, 2025, has led to a long weekend for banks in several Indian states. Banks in these regions will remain closed on August…
Trump-Putin Summit Ends Without Agreement, Only Symbolism
The much-awaited meeting between U.S. President Donald Trump and Russian leader Vladimir Putin began with grandeur but ended without any real breakthrough. Both leaders admitted they were unable to reach…
Glenmark Pharma Q1 FY26 Results: Sharp Profit Decline, Modest Revenue Growth
Glenmark Pharmaceuticals announced its Q1 results for the April–June quarter of financial year 2026, reporting a steep 86% fall in net profit to ₹47 crore compared to the same period…
Proposed H-1B Rule Change Could Alter Indian IT Hiring Landscape
The Trump administration has moved a step closer to overhauling the H-1B visa selection process, with a proposal to replace the current lottery system with a wage-based selection method. Recently…
IOC Posts Strong Q1 Performance
Indian Oil Corporation (IOC) delivered a strong set of numbers for the April–June quarter of FY26, with net profit more than doubling to ₹5,689 crore. The growth reflects improved margins…
Markets End Mixed as Key Indices Diverge
Indian equity markets closed on a mixed note today, with the Nifty managing to stay above 24,600 while the Sensex ended flat. Weakness in metals, oil & gas, and realty…
India’s Economy Among the Best Performers Globally
India has firmly positioned itself as one of the best performing economies in the world, according to S&P Global. The nation staged a remarkable post-pandemic recovery, with real GDP growth…
Gujarat Textile Industry Faces US Tariff Threat, Seeks Export Incentives
The textile industry in Gujarat is facing significant challenges due to potential 50% tariffs imposed by the United States. This has raised concerns among manufacturers and exporters, who are now
ICICI Bank Revises Minimum Balance Requirements for Savings Accounts
ICICI Bank, one of India's leading private sector banks, has announced a revision in its minimum average balance (MAB) requirements for savings accounts. This decision comes after customer feedbac
Layoffs Mark a Painful but Strategic Shift
The recent wave of IT layoffs has been described as unfortunate, yet industry voices believe it is a necessary step for companies to remain competitive and future-ready. As the technology…
