Economic Times11.05.2026BusinessIndia
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يتطور·5 dk önce
Rupee Weakens 10 Paise to 95.28 Against US Dollar Amid Global Uncertainty
The Indian Rupee opened weaker at 95.25 and slipped 10 paise to 95.28 against the US dollar in early trade Monday. A stronger dollar overseas and global development uncertainty pressured market sentiment, with analysts citing underlying weakness despite favorable cues like falling oil prices.
Times of India
يتطور·1 sa önce
India's Auto Sector Sees Robust Growth in June, Led by Passenger Vehicles and Alternative Fuels
India's auto sector experienced significant growth in June, with passenger vehicle sales up 28.63% and the overall industry rising 21.83%. Alternative fuel vehicles, including EVs, saw a remarkable 40.35% increase. Rural areas outperformed urban centers in passenger vehicle sales.
Economic Times
يتطور·1 sa önce
Citi CEO Jane Fraser Discusses AI's Impact on Banking and Job Market
Citi CEO Jane Fraser stated that the banking sector is in two critical races driven by AI. She acknowledged job dislocations due to AI, citing Citi's 3,500 tech layoffs in China in 2025, but also emphasized AI's potential to augment human roles and create new jobs.
Times of India
يتطور·2 sa önce
Iran in Talks with Japanese Firms for Oil Sales Under US Sanctions Waiver
Iran has initiated discussions with Japanese companies for potential oil sales, facilitated by a U.S. sanctions waiver set to expire on August 21. Buyers are seeking an extended waiver and improved shipping safety assurances due to concerns in the Strait of Hormuz, with insurance remaining a key hurdle.
Economic Times
يتطور·2 sa önce
India Eyes Doubling LPG Imports from US to Reduce Gulf Dependence
India plans to significantly increase LPG imports from the US, potentially doubling current volumes, to diversify its energy sources away from the Gulf. This move aims to bolster strategic reserves and ensure supply security amid geopolitical tensions.
Times of India
يتطور·2 sa önce
India's Top IT Firms Widen CEO-Median Pay Gap Amid Industry Slowdown
Four of India's largest IT firms, including TCS and Infosys, increased the pay gap between their CEOs and median employees in FY26. This widening occurred despite muted salary growth for the broader workforce due to an industry slowdown.
Economic Times