Kuwait began enforcing a new electronic exit permit system for expatriate workers in the private sector, in a move that marks a major shift in the country’s labour and travel policies.From July 1, 2025, all foreign employees under Article 18 of the Foreigners’ Residence Law must obtain prior approval from their employer to travel abroad….
This is an AI-generated image, used for representational purposes only. India’s $280 billion IT services industry is set to post a lacklustre first-quarter performance for FY25, with top-tier firms likely to report flat to marginal revenue growth amid prolonged decision cycles and cautious tech spending by global clients, reported ET, citing analysts.Among the top six…
Oracle Corp’s stock soared 4% on Monday to a record $218.63 after a regulatory filing revealed a major cloud computing agreement that could add more than $30 billion in annual revenue beginning fiscal 2028. The deal, which was disclosed ahead of a company-wide meeting, marks a significant milestone in Oracle’s pivot to AI infrastructure and…
As the globe’s third-largest oil importer and consumer, India brings in over 80% of its oil requirements from abroad. (AI image) India is currently evaluating plans to construct three additional strategic oil storage facilities to enhance its emergency reserves and bolster energy security, according to the chief executive of the organisation responsible for strategic reserves.Currently,…
The HDFC Bank-supported HDB Financial IPO attracted bids worth Rs 1.61 lakh crore. (AI image) HDB Financial Services share price today: HDB Financial Services made its market debut on July 2, with shares opening at Rs 835 on both BSE and NSE, seeing a 12.8% premium over the IPO issue price.The HDFC Bank-supported HDB Financial…
Reports suggest that government is planning to lower the GST rates for commonly used household items. (AI image) GST relief for common man soon? The Goods and Services Tax (GST) slabs may soon be revamped and rationalised by the government to provide relief to the middle class. Media reports quoting official sources suggest that the…
This is an AI-generated image, used for representational purposes only. Retailers in India are ramping up discounts, accelerating deliveries, and launching extended sale events this festive season, aiming to revive discretionary spending after a year of sluggish consumer sentiment. With festivals such as Teej, Raksha Bandhan, Janmashtami, and Ganesh Chaturthi falling earlier this year, brands…
The transformation in India’s oil import strategy has been remarkable, with Russian oil’s share increasing from less than 1 per cent to roughly 40-44%. (AI image) India, a large importer of crude oil from Russia, may have to watch out for a new US bill which proposes imposing a 500% tariff on countries that import…
Gold price prediction: Gold witnessed volatile last week ending with corrective moves. (AI image) Gold price prediction today: Gold prices are expected to continue being volatile amidst emerging global economic situations. Maneesh Sharma, AVP – Commodities & Currencies, Anand Rathi Shares and Stock Brokers shares his views and recommendations for gold investors:Gold witnessed volatile last…
HDB Financial Services made a strong debut on the stock exchanges on Wednesday, with its shares listing at Rs 835- a 12.84 per cent premium over the issue price of Rs 740. The stock opened higher by Rs 95 on both the NSE and BSE, reflecting solid investor interest following a heavily subscribed IPO. As…
