Business

Redmond (Washington): Microsoft is cutting 4,800 jobs, about 2.1 per cent of its global workforce, including a large number of workers at its Xbox video game business. The layoffs included 1,600 Xbox workers, with more to come this year in a broader reorganization designed to...

Mumbai: The rupee depreciated 25 paise to close at 95.43 against the US dollar Monday, as a strengthening greenback weighed on emerging market currencies. At the interbank foreign exchange market, the rupee opened at 95.25 against the American currency and traded in a range of...

Jakarta: Prime Minister Narendra Modi Monday arrived in Indonesia on the first leg of his three-nation tour, aimed at further strengthening India's Act East Policy, MAHASAGAR Vision and its commitment to a free, open and inclusive Indo-Pacific. In a special gesture, Modi was received at...

New Delhi: Gold and silver have retreated sharply from their record highs in recent months, but the ongoing correction remains less severe than several historical bear markets in precious metals, according to the July 2026 edition of DSP Netra. The report analysed every major drawdown...

New Delhi: Meta-owned WhatsApp has been granted more time to submit its response on the contentious 'username' feature and assured the government that it will not roll it out in India until discussions are complete, according to sources. The popular messaging platform has been given...

Mumbai: The rupee depreciated 20 paise to close at 95.38 (provisional) against the US dollar Monday, as a strengthening greenback weighed on emerging market currencies. At the interbank foreign exchange market, the rupee opened at 95.25 against the American currency and traded in a range...

Mumbai: Benchmark indices Sensex and Nifty ended higher, taking their winning run to the fourth day Monday, helped by buying in blue-chip bank stocks and lower crude oil prices. Fresh foreign fund inflows also added to the optimistic trend in domestic equity market. The 30-share...

Tokyo: European shares advanced Monday after a retreat in Asian markets and US futures climbed ahead of Wall Street's reopening following the Independence Day holiday. Oil prices slipped after OPEC+ announced Sunday that seven of its members plan to expand oil production by a combined...

New Delhi: Total automobile retail sales in India grew by 21.83 per cent year-on-year at 25,57,234 units in June, with the industry remaining cautiously optimistic going forward hoping for monsoon to make up for the deficit, Federation of Automobile Dealers Associations said Monday. In June...

New Delhi: India's fertilizer supply chain has remained largely unaffected by the recent conflict in West Asia, with 15 of 20 vessels carrying fertilizers and raw materials for the country having safely crossed the Strait of Hormuz, the Ministry of Chemicals and Fertilizers said Sunday....