Business

[ad_1] The terror attack on tourists in Pahalgam that killed 26 people might affect the local economy but it will not have much impact on Jammu and Kashmir Bank as the lender’s exposure to the tourism industry is around one per cent of the total portfolio, MD & CEO of the bank Amitava Chatterjee said…

[ad_1] Warren Buffett to pass baton to Greg Abel Shareholders of Berkshire Hathaway are contemplating the future of the conglomerate following Warren Buffett‘s unexpected announcement of stepping down as chief executive by year end. While most acknowledging that the company will remain stable under Vice Chairman Greg Abel’s leadership who Buffett endorsed to be his…

[ad_1] AI-generated image (Credit: Bing image creator) The US services sector showed signs of improvement in April, with the Institute for Supply Management’s (ISM) services index rising to 51.6 per cent from 50.8 per cent in March. The reading slightly exceeded market expectations of 50.2 per cent and remained above the 50 per cent threshold…

[ad_1] AI generated image, the picture may not represent Taiwan’s actual currency Taiwan’s dollar has surged the most since 1988 as traders speculate that authorities might allow the currency to appreciate to help reach a trade deal with the US. The local dollar rose as much as 5% on Monday. In an emergency press briefing…

[ad_1] New ITR-2 form notified: The Central Board of Direct Taxes (CBDT) has notified the ITR-2 Form for AY 2025-26, which includes key changes such as separate reporting of capital gains, allowance of capital loss on share buybacks from October 1, 2024, and a raised threshold for reporting assets and liabilities to Rs 1 crore….

[ad_1] Jubilant FoodWorks, the operator of popular brands like Domino’s Pizza and Dunkin’ Donuts, is expected to report strong sales growth for the March quarter, outpacing rivals such as KFC, McDonald’s, and Burger King while the broader Indian fast-food sector grapples with inflation-driven consumer belt-tightening and intensifying local competition. According to multiple analysts cited by…

[ad_1] In the coming years, India is also likely to overtake Germany to become the third largest economy. (AI image) India will become the fourth largest economy in the world in 2025, surpassing Japan, according to the latest World Economic Outlook April 2025 edition of the International Monetary Fund.India’s nominal GDP for 2025 (FY26) is…

[ad_1] Gold rate today: Gold prices in the national capital jumped by Rs 550 on Monday, reaching Rs 97,350 per 10 grams, in line with a strong upward trend in international markets. The price of 99.9 per cent pure gold had previously settled at Rs 96,800 per 10 grams on Friday, according to the All…

[ad_1] Moody’s has cautioned that continued tensions might restrict Pakistan’s ability to secure external financing. (AI image) Pakistan’s economy will suffer a bigger setback than India amidst ongoing tensions, Moody’s Ratings has warned. Heightened and prolonged tensions with India could adversely affect Pakistan’s economic growth and impede the government’s fiscal consolidation efforts, potentially undermining its…

[ad_1] NEW DELHI: Billionaire banker Uday Kotak finalised the acquisition of an entire residential building on Mumbai’s Worli Sea Face for over Rs 400 crore, setting a new national benchmark for residential property prices.The founder of Kotak Mahindra Bankhas now completed eight additional apartment deals in the ground-plus-two-storey building, following earlier purchases of 13 out…