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….
Sovereign Bold Bond (SGB) redemption: Bought sovereign gold bonds in 2017 or 2018? You are in for good news as the RBI announced the redemption prices for the SGBs, offering a return of over 200%.The Reserve Bank of India (RBI) announced the redemption price for two sovereign gold bond tranches due for premature redemption on…
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,…
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…
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…
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…
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…
Paramount, the parent company of CBS, has agreed to pay $16 million to settle a lawsuit filed by US President Donald Trump over the contents of a “60 Minutes” interview with former vice president Kamala Harris during the 2024 presidential campaign.The settlement resolves Trump’s $20 billion lawsuit, which alleged that CBS edited the interview to…
This is an AI-generated image, used for representational purposes only. Pakistan failed to meet its annual export target for the fiscal year 2024–25, with exports totalling $32.106 billion, falling short of the government’s target of $32.341 billion, according to data released by the Pakistan Bureau of Statistics (PBS). As per the news agency ANI, 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…
