The RBI has tightened forex derivative rules, banning cancellation and rebooking of INR-linked contracts to curb speculation. While CFOs see limited near-term impact on hedging costs, concerns remain about reduced flexibility in managing real commercial risks over the long term.
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Move signals push to restrict international audit networks in defence and other sensitive sectors; ICAI proposes domestic audit ecosystem overhaul.
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Elon Musk is reshuffling xAI’s engineering leadership, appointing three Indian-origin engineers to key roles as the company integrates more closely with SpaceX ahead of its IPO. Devendra Chaplot will lead pre-training, Aman Madaan will manage the model factory, and Aditya…
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Chief executives across sectors said they expect the two-week US-Iran ceasefire announced early Wednesday to lead to pick-up in consumer sentiment after a month, but cautioned that supply disruptions, LPG shortages in factories and migration of labour would take time…
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A fragile ceasefire between the United States and Iran has been announced, halting a six-week conflict. Pakistan brokered the deal, bringing temporary relief. However, violence persists with Israeli strikes in Beirut and attacks on Gulf nations, including Saudi Arabia’s oil…
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Titan Co Ltd reported a strong March quarter for FY26, with revenue surging 46 percent. This growth was primarily fueled by its jewellery division, which saw significant gains. The company’s watch and eye care businesses also showed positive performance. International…
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