Federal Reserve Chair Jerome Powell announced on Friday a planned workforce reduction of approximately 10 per cent over the coming years, according to a staff memo reported by AFP. Though the Federal Reserve operates independently, generating revenue from interest on securities and supervisory fees rather than congressional appropriations, Powell stressed on the value of periodic … Read more
NEW DELHI: India’s chemical industry is well-positioned to capitalise on ongoing disruptions in European chemical operations , according to a recent analysis by B&K Securities, as reported by news agency ANI. The report highlights that high operational costs across the EU27 have eroded production efficiency, opening a window for Indian chemical manufacturers to expand their … Read more
Penny hoarding is a simple but effective technique to help you achieve your financial goals. By focusing on small savings and mindful spending, this method encourages you to accumulate wealth over time. It involves making conscious decisions about everyday expenses and finding creative ways to save money. This can be especially helpful for those wanting … Read more
Just as roads transformed post-1991, the next 20 years will belong to India’s maritime sector, with dredging playing a critical role, said Durgesh Kumar Dubey , deputy chairman of Visakhapatnam Port Authority and managing director and CEO of Dredging Corporation of India Limited (DCIL). The Dredging India Conclave 2025, hosted by FICCI, convened leading voices … Read more
Creating an eco-friendly home office can significantly enhance financial wellness. By adopting sustainable practices, you can reduce energy consumption, lower utility bills, and contribute to environmental conservation. Not only does this support your personal finances, but it also promotes a healthier planet. From turning off devices to ditching paper, here are some practical tips to … Read more
Managing finances can be tough, but mindful spending can do wonders to your budgeting. Being aware of where your money goes can help you make informed decisions that are in line with your goals. Here are five practical habits that can help you stick to a balanced budget and stay financially sound. The strategies are … Read more
Mumbai: The Reserve Bank of India (RBI) has imposed a penalty of more than Rs 1.66 lakh on Union Bank of India over discrepancies observed in soiled note remittance, the bank said on Saturday. In a stock exchange filing, Union Bank of India said “In compliance with Regulation 30(4) read with Schedule III, Part A Clause … Read more
Divi’s Laboratories on Saturday announced their results for the March quarter of the financial year 2025, reporting a 25.6% year-on-year (YoY) jump in its standalone net profit at Rs 667 crore, while its revenue from operations rose by 12.26% YoY to Rs 2,536 crore. The net profit for the year-ago period stood at Rs 531 … Read more
New Delhi [India]: LPG losses incurred by oil marketing companies (OMCs) are expected to decrease by around 45 per cent in FY26 if crude oil prices remain stable at USD 65 per barrel, according to a report by CareEdge Ratings. The report stated that the cumulative LPG under-recoveries are likely to reduce significantly next fiscal … Read more
has emerged as the most talked-about in recent times, attracting immense interest globally. However, S Naren, Chief Investment Officer at , has sounded a cautionary note on the yellow metal, stating that despite its current popularity, gold is not a lucrative investment option at this point. In a recent interaction with ETNow, Naren pointed out … Read more