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Kenya public transport nationwide suspended strike

India, May 23 -- Kenya's public transport operators on Friday called off a nationwide strike that had been suspended for a week to allow talks over rising fuel prices. The strike on Monday and Tuesday... Read More


RBI to pay record dividend of Rs 2.87 lakh crore to Govt for FY26

India, May 23 -- The Reserve Bank on Friday announced a record Rs 2.87 lakh crore dividend to the Government for the 2025-26 financial year, providing financial leeway amid geopolitical challenges. T... Read More


Hearing in RIL-Centre gas dispute continues in SC

India, May 23 -- The Supreme Court on Friday continued its high-stakes final hearing in the multi-billion-dollar Krishna-Godavari (KG) Basin gas dispute between the Central Government and a Reliance I... Read More


Gold jewellery retail sales volume to decline 13-15% in FY27: Crisil

India, May 23 -- India's organised gold jewellery retail sector is likely to see a further 13-15 per cent year-on-year decline in sales volumes this fiscal, following an 8 per cent drop last year, ami... Read More


Rupee rises 63 paise to close at 95.73 against US dollar

India, May 23 -- The rupee rose for the second consecutive session on Friday to close at 95.73 (provisional) against the US dollar on softening of crude oil prices and supposed intervention by the Res... Read More


Stock markets rebound, led by banks, positive global trends

India, May 23 -- Stock markets recovered on Friday, with the benchmark Sensex closing higher by nearly 232 points following buying in blue-chip bank shares amid positive global trends. The 30-share B... Read More


Forex kitty drops $8 billion to $688.894 billion

India, May 23 -- India's forex reserves dropped $8.094 billion to $688.894 billion during the week ended May 15, the Reserve Bank of India (RBI) said on Friday. The overall reserves had jumped by $6.... Read More


Dangote refinery powers Nigeria to first credit upgrade in 14 years

Tanzania, May 23 -- Nigeria has received its first sovereign credit rating upgrade in 14 years, with global ratings agency S&P Global Ratings citing the growing impact of billionaire Aliko Dangote's $... Read More


J&K Govt Imposes Austerity Measures; Bans Official Dinners, Curbs Vehicle Purchases, Foreign Tours

SRINAGAR, May 23 -- The Jammu and Kashmir Government has announced a series of strict austerity measures for the financial year 2026-27, imposing curbs on official functions, vehicle purchases, foreig... Read More


Seven ways AI is making 2025 tech layoffs different from Silicon Valley's earlier job cuts

New Delhi, May 23 -- The latest wave of tech layoffs looks very different from the massive workforce cuts that hit Silicon Valley during 2022 and 2023. Earlier layoffs were largely driven by pandemic ... Read More