The average interest rate on a 30-year US mortgage edged slightly higher this week but remained close to its lowest level of 2025, offering limited relief to homebuyers amid a still-challenging housing market, according to data released by Freddie Mac.The average long-term mortgage rate rose to 6.16% this week from 6.15% last week, when it…
Chinese AI startup DeepSeek is seeing rapid adoption across several developing countries, helping broaden access to generative artificial intelligence even as the overall gap between advanced and emerging economies continues to widen, according to a new Microsoft report.The report said global adoption of generative AI tools reached 16.3% of the world’s population in the three…
The government is working to introduce vehicle-to-vehicle (V2V) communication technology to help prevent road accidents by enabling real-time information sharing between vehicles, Union road transport and highways minister Nitin Gadkari said on Thursday, PTI reported.Addressing a press conference in New Delhi after chairing the annual meeting of transport ministers from states and Union Territories, Gadkari…
A 500% tariff would effectively shut down India’s goods and services exports to the United States. (AI image) Will India face 500% tariffs from the US soon? It’s a question that’s on the mind of everyone after US Senator Lindsey Graham said that President Donald Trump has given the go ahead for a bill that…
A wide-ranging collection of Steve Jobs’ childhood belongings and some of Apple’s earliest products has gone up for auction as the company approaches its 50th anniversary on April 1, 2026. The sale is being handled by RR Auction, which has opened bidding on 191 items spanning Jobs’ early life and Apple’s formative period in the…
The National Stock Exchange (NSE) is in discussions with the Indian Gas Exchange (IGX) to develop and launch Indian natural gas futures, an initiative aimed at strengthening the country’s natural gas market ecosystem, PTI reported.The proposed futures contract is expected to provide market participants with a transparent, efficient and robust risk management tool aligned with…
Organizations should do a comprehensive review across HR, finance, payroll and legal functions. (AI image) New Labour Codes explained: After rolling out our new labour codes in last November 2025, the government has now published the draft rules, inviting public feedback within stipulated timelines up to February 14, 2026, and January 30, 2026 for the…
The rupee weakened by 7 paise to close at 89.94 (provisional) against the US dollar on Thursday, pressured by higher crude oil prices, sustained foreign fund outflows and a firmer greenback, PTI reported.Forex traders said the local unit also faced headwinds from renewed concerns over potential US tariff action and weak sentiment in domestic equities….
India’s economic expansion in FY26 may exceed current official projections once the government adopts a revised GDP base year, a report by State Bank of India (SBI) has indicated. At present, the National Statistical Office’s (NSO) first advance estimates place real GDP growth at 7.4% for FY26, marking a rise from 6.5% recorded in FY25….
Bharat Coking Coal Limited (BCCL), a wholly owned subsidiary of Coal India, is set to launch its initial public offering (IPO) on Friday. The issue is witnessing robust demand in the grey market, with shares trading at a premium of around Rs 11.5, indicating a possible listing price of Rs 34–35 per share against the…
