Business

The Indian Railway Technical Supervisors’ Association (IRTSA) has proposed a separate fitment-factor structure for different categories of employees under the 8th Pay Commission, moving away from the uniform formula followed in previous pay revisions, according to an ET report.The railway technical staff body has suggested five different fitment factors ranging from 2.92 to 4.38 across…

Institutional investors put in bids worth around Rs 19,000 crore for Coal India shares on the first day of the government’s offer for sale (OFS) on Wednesday, PTI reported.The government is selling up to a 2 per cent stake, or over 12.32 crore shares, in Coal India at a floor price of Rs 412 per…

A US delegation will visit India from June 1-4 for trade negotiations with both sides expected to continue discussions on a proposed interim agreement as well as the broader bilateral trade pact, Commerce ministry statement said on Wednesday.According to the official statement, India and the US are proposed to finalise details of the interim trade…

The Centre on Wednesday approved a Rs 25,530 crore scheme to continue and modernise the public distribution system (PDS) including ration transport, dealer support and technology upgrades, till March 2031.The Cabinet Committee on Economic Affairs (CCEA) cleared the umbrella scheme called SARTHAK-PDS for the 16th Finance Commission period.The scheme combines two existing programmes related to…

Gautam Adani (file photo) Adani Power share price today: In a milestone for the company, Adani Power has overtaken IT sector giant Infosys in terms of market capitalisation after seeing a sharp rally of nearly 68% so far in 2026.Adani Power’s market value currently stands at nearly Rs 4.85 lakh crore, higher than Infosys, whose…

HDFC Bank share price today: Shares of HDFC Bank, India’s largest private sector bank, dropped as much as 2% on Wednesday after a newspaper report alleged that the bank had made improper payments to a state government agency in an effort to attract deposits.At 1:38 PM, shares of HDFC Bank were trading at Rs 760.70,…

This week, markets are closely focused on major US economic data, especially the Core PCE Price Index. (AI image) Gold price prediction today: Given the geopolitical tensions and a possible change in the US Federal Reserve’s stance, gold prices are likely to see limited upside in the near term, says Vedika Narvekar, Research Analyst –…

Former Reserve Bank of India governor Raghuram Rajan has warned that the global frenzy around artificial intelligence may be overlooking major economic and political risks, arguing that investors and policymakers are treating the sector with excessive optimism despite mounting vulnerabilities. The rapid rise of generative AI has created a market euphoria similar to earlier technology…

Reacting to a Singapore court’s decision against him, Byju’s founder Byju Raveendran said, “I am disappointed that the recent Singapore court matter has been pursued and reported in a manner that creates a misleading impression about me.”Byju Raveendran, the founder of failed edtech firm Byju’s, has been handed a six-month jail sentence by a Singapore…

Byju Raveendran, the founder of embattled edtech giant Byju’s, has been sentenced to six months in jail by a Singapore court for contempt, Bloomberg reported. Byju Raveendran is facing mounting legal and financial troubles across jurisdictions. The Singapore court ruled that Raveendran had disobeyed multiple court orders related to his assets dating back to April…