Apple Inc.’s first foldable iPhone is on track to arrive during the company’s normal iPhone launch period later this year, people with knowledge of the matter said, rebutting concerns about major manufacturing snags. Apple is expected to price the foldable iPhone in excess of $2,000. The company is scheduled to introduce the foldable model in…
The Union Cabinet on Wednesday approved investments totalling Rs 40,150 crore for two major hydropower projects in Arunachal Pradesh, aimed at strengthening renewable energy capacity and regional infrastructure.The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, cleared the Kamala Hydro Electric Project (1,720 MW) and the Kalai-II Hydro Electric Project (1,200 MW),…
The rupee appreciated 52 paise to close at 92.54 against the US dollar on Wednesday after US President Donald Trump announced a two-week suspension of military strikes against Iran and the Reserve Bank kept policy rates unchanged, PTI reported.Forex traders said investor sentiment improved following Governor Sanjay Malhotra’s assurance that recent forex measures do not…
US stock markets rallied sharply on Wednesday while crude oil prices plunged toward $90 per barrel after President Donald Trump announced a two-week ceasefire with Iran, easing fears of prolonged supply disruptions, AP reported.The S&P 500 surged 2.4%, while the Dow Jones Industrial Average jumped 1,332 points, or 2.9%, and the Nasdaq Composite climbed 2.9%…
Equity benchmark indices Sensex and Nifty50 surged nearly 4% on Wednesday, tracking a sharp rally in global markets and a steep fall in crude oil prices after the US and Iran announced a two-week ceasefire. The rally was also supported by the Reserve Bank of India’s decision to keep the policy repo rate unchanged, broad-based…
The Union Cabinet on Wednesday approved Jaipur Metro Phase-2, a 41-km North–South corridor from Prahladpura to Todi Mod with 36 stations, at a total cost of Rs 13,037.66 crore, according to a government statement.The project will be implemented by Rajasthan Metro Rail Corporation Limited (RMRCL), a 50:50 joint venture of the Centre and the Rajasthan…
Workplace trends are shifting from “quiet quitting” to “job hugging”, with employee engagement declining globally and sharply in South Asia particularly India, according to Gallup’s State of the Global Workplace 2026 report, as reported ET.Released on Wednesday, the report analysed employee mood and well-being across 160 countries and found that engagement has declined for the…
The Union Cabinet, on Wednesday approved the proposal of the Department of Fertilisers for fixing the Nutrient Based Subsidy (NBS) rates for the Kharif season 2026 on phosphatic and potassic (P&K) fertilisers, according to an official statement.The subsidy will be applicable for the Kharif season from April 1, 2026 to September 30, 2026. The tentative…
Gautam Adani says that the US Securities and Exchange Commission fraud case against him should be dismissed, with his lawyers arguing that the Wall Street regulator’s case “fails” for multiple reasons. Adani Group Chairman Gautam Adani. The Adani Group has called the US SEC’s fraud allegations “baseless”. (Reuters) Lawyers for the Indian billionaire and his…
Gold prices on Wednesday showed a mixed trend with futures trading higher while retail rates moved both up and down across cities.Data from the Multi Commodity Exchange (MCX) showed that the June contract rose Rs 3,236, or 2.15%, to Rs 1,53,525 per 10 grams, while the August contract gained Rs 3,498, or 2.29%, to Rs…
