Top 10 private banks cut over 10,000 jobs in FY26 as AI reshapes hiring
The analysis covered HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank, IndusInd Bank, Yes Bank, Federal Bank, IDFC First Bank, Bandhan Bank and RBL Bank.
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Trump doubles down on Hormuz Strait as 'New US Territory' after Iran MoU implodes
US President Donald Trump doubled down on his plan to take over the Strait of Hormuz, posting on Tuesday a map of the crucial artery for global energy supplies showing it as “New US Territory”.
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MTNL, BSNL and RINL's ₹13,500 crore worth of realty assets to hit markets
Realty assets worth an estimated ₹13,500 crore belonging to MTNL, BSNL and RINL are set to hit the market after the Department of Public Enterprises gave final approval for their monetisation. The National Land Monetisation Corp will market 23 prime…
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Realtors line up to buy bankrupt developers as land prices rise
Small and mid-sized developers are increasingly using insolvency proceedings to acquire distressed real estate companies as land prices soar in major cities. With projects, development rights and urban assets on offer, NCLT-approved deals are rising, but buyers face risks involving…
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Indian refiners face crude cost surge as Gulf premiums rise, Russian oil discounts vanish
Indian refiners are facing a sharp rise in crude procurement costs as tightening physical supplies push Gulf and West African grades to higher premiums. Russian oil discounts have largely disappeared, while Venezuelan discounts have narrowed. Refiners are turning to costlier…
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Rupee may slip on oil, risk-off mood; RBI once again expected to ride to rescue
The Indian rupee is expected to open weaker on Wednesday. High oil prices and U.S. Treasury yields are pressuring the currency. The Reserve Bank of India is absorbing this pressure through dollar sales. Underlying demand for dollars remains very high,…
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