In its clarification, Federal Bank said it evaluates opportunities for growth and expansion in the ordinary course of business. MUMBAI: Shares of Federal Bank closed 3% lower on Tuesday after reports that the lender was pursuing a merger with Jana Small Finance Bank, while Jana SFB fell 2% as sensex closed flat. Both banks later…
The crackdown also includes tougher vetting of H-1B applicants, including scrutiny of their social media profiles and resumes. The Trump administration is tightening the US immigration system on multiple fronts, with new restrictions affecting immigrant visas, H-1B workers, green card applicants and some existing visa holders.The latest moves include a global pause in immigrant visa…
Remittances rose 6.5% month-on-month to $2.5 billion in June, nearly 20% higher than a year earlier. MUMBAI: RBI turned a net purchaser of US dollars in June this year, buying $561 million in the spot and over-the-counter market after net sales of $6.1 billion in May and $3.6 billion in June 2025.According to the central…
Goyal also met a bunch of portfolio investors, including MUFG, Development Bank of Japan (DBJ), Mizuho, Morgan Stanley, Nomuraand Nippon Life. TOKYO: Amid concerns over some certification requirements, commerce and industry minister Piyush Goyal Tuesday said that BIS (Bureau of Indian Standards) and his ministry will work out a framework to support high-tech industries looking…
Hydrogen is being used because it is considered the cleanest fuel available today. India’s first hydrogen-powered train, flagged off last month by Prime Minister Narendra Modi, is achieving new milestones every day. According to the latest information from Indian Railways, the hydrogen train, which is also the world’s most powerful, has clocked around 6,000 kilometers…
The firms are sharply increasing internship pay as they compete for a limited pool of engineers with strong mathematical, coding and problem-solving skills. High-frequency trading (HFT) firms in India are offering record compensation to interns as they compete for quantitative talent amid tighter derivatives regulations and slowing activity in the country’s equity markets.Gurgaon-based Quadeye is…
India is confident that trade will continue uninterrupted even after the US announced sanctions on Iran (representative image) India, the world’s biggest rice exporter, is confident its rice trade with Iran can withstand the threat of tougher US sanctions, with shipments continuing despite higher prices and months of war-related disruption.Rice accounts for nearly two-thirds of…
Stock markets have been quite volatile this week With Eid-e-Milad being observed on Wednesday, August 26, investors may be wondering whether they will get a trading holiday on the stock market. The festival is a holiday for several government offices and institutions, and banks in many states are also closed. But the stock market follows…
Top stock picks for August 26, 2026 Stock market recommendations: Tata Steel, Max Healthcare Institute, and Narayana Hrudayalaya – these are the top stok picks from Mehul Kothari, DVP – Technical Research at Anand Rathi Shares for August 26, 2026:Tata SteelTata Steel has formed a multiple-bottom pattern in the Rs 180–185 zone, indicating strong buying…
The main event for gold this week is the Jackson Hole symposium from August 27–29, particularly Fed Chair Kevin Warsh’s speech on Friday. Gold price prediction today: Gold prices are showing a positive bias, and while short-term news related fluctuations may occur, the long-term outlook is bullish, says Vedika Narvekar, Research Analyst – Commodities &…
