A judge in Australia fined Qantas Airways 90 million Australian dollars ($59 million) for unlawfully dismissing more than 1,800 ground staff during the early stages of the Covid-19 pandemic. The penalty is in addition to the AU$120 million ($78 million) compensation the airline had already agreed to pay dismissed employees.Justice Michael Lee of the Australian…
Top stocks to buy (AI image) Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting August 18, 2025) are HDFC Life, and Hindustan Aeronautics (HAL). Let’s take a look: Stock Name CMP (Rs) Target (Rs) Upside (%) HDFC Life 788 910 15% HAL 4544 5800 28%…
China cautious over approving partnership agreements with Indian firms that require transfer of critical tech (AI-image) As Prime Minister Narendra Modi prepares for his first visit to China in seven years, experts indicate that Beijing is exercising caution and delaying approval of partnership agreements between companies of both nations, particularly regarding critical technology transfers, according…
Software services companies are set to adopt a cautious yet strategic approach to hiring in the second half of FY25, with recruitment specialists projecting 3–5 per cent growth compared to the first half. The focus will be on skilled freshers and junior-level positions, given lower costs and higher learning potential.“Hiring may remain muted in H2…
US Secretary Marco Rubio (File photo) US State Secretary Marco Rubio cautioned on Monday about potential energy price increases if the United States enforces secondary sanctions on China for processing Russian oil.The US secretary was asked, “is Europe still buying Russian oil?”“Well, if you look at the oil that’s going to China and being refined,…
Mumbai Indians, Royal Challengers Bengaluru (RCB), and Lucknow SuperGiants (LSG) reported revenue declines in FY25, according to the Economic Times.Reliance Industries-owned Indiawin Sports, which operates Mumbai Indians, posted a profit of Rs 84 crore, down from Rs 109 crore in FY24. Revenue slipped to Rs 697 crore from Rs 737 crore.Diageo-owned RCB reported revenue of…
Representative (AI-image) IndianOil’s Panipat refinery has received international certification to convert used cooking oil from homes and restaurants into sustainable aviation fuel (SAF), company chairman Arvinder Singh Sahney said. The refinery has obtained the ICAO’s ISCC CORSIA certification, developed under the Carbon Offsetting and Reduction Scheme for International Aviation, to produce SAF from used cooking…
Domestic consumption would be strengthened after the government’s proposed GST rationalisation, offering crucial support to the economy as it braces for the impact of the US’s 50 per cent duty on Indian imports, according to various economists quoted by Economic Times. “At a time where consumption demand has been uneven and felt pressure from high…
Markets regulator Sebi has reported a sharp rise in settlement pleas, receiving 703 applications in 2024-25 to resolve alleged violations of securities laws without prolonged litigation. This marked a steep increase from 434 applications filed in 2023-24.According to Sebi’s 2024-25 annual report, 284 of these pleas were settled through appropriate orders, while 272 applications were…
Prime Minister Narendra Modi on Sunday said the Centre has circulated the draft of the next-generation Goods and Services Tax (GST) reforms among states and urged their cooperation to implement the proposal before Diwali.He said the reforms in GST would “benefit poor and middle-class people, as well as small and big businesses.” Addressing an event…
