8th Pay Commission: When can central government employees expect a salary hike?

More than seven months after the 8th Central Pay Commission (CPC) was constituted, lakhs of central government employees are still waiting for clarity on when their salaries will be revised.…

World’s biggest tech companies are racing to dominate AI. But at what cost?

As Big Tech pours hundreds of billions of dollars into artificial intelligence, debt markets are beginning to ask a question that equity investors have largely ignored: Can companies eventually earn…

Patanjali to enter insurance? IRDAI clears Baba Ramdev-led firm’s Magma General acquisition

Patanjali Ayurved, best known for its ayurvedic products, packaged foods and personal care range, might make an entry into India’s insurance sector. The Regulatory and Development Authority of India (IRDAI)…

Sensex, Nifty start flat after Fed pause as IT stocks cushion the market

Benchmark indices traded on a muted note on Thursday as investors weighed the US Federal Reserve’s latest policy decision and its hawkish commentary, while gains in information technology stocks helped…

Meta, Microsoft, Alphabet: What Big Tech earnings reveal about the AI spending race

For nearly two years, Wall Street has largely cheered the world’s biggest technology companies for pouring unprecedented sums into artificial intelligence. Data centres, AI chips, cloud infrastructure and next-generation models…

Trump’s secretive $858 million portfolio managed by 4 Wall Street giants

US President Donald Trump’s 2025 financial disclosure has revealed the financial institutions managing much of his personal wealth, with a CNBC analysis linking JPMorgan Chase, Charles Schwab, UBS and Stephens…

Oil nears $90 a barrel as Middle East conflict escalates; Brent could swing up to $100

Oil prices surged nearly 7% on Wednesday, pushing Brent crude close to the $90-a-barrel mark, as renewed military strikes in the Middle East shattered hopes of an imminent end to…

India wants to become economic superpower. But is GDP enough to make it global leader?

India is rapidly climbing the global economic ladder. It is one of the world’s fastest-growing major economies and is playing an increasingly influential role in global discussions on trade, technology,…

Finance Ministry warns high oil prices may strain India’s fiscal deficit

India’s fiscal deficit and current account balance could come under pressure if crude oil prices remain elevated for a prolonged period, the Finance Ministry warned on Wednesday, as rising geopolitical…

Sensex, Nifty jump over 1% as IT stocks power rebound despite Asia AI selloff

Benchmark indices ended more than 1% higher on Wednesday, led by a strong rally in information technology and metal stocks, as investors continued rotating into Indian equities amid a global…