The maximum payout will be Rs 17,951 per eligible employee, with payments covering non-gazetted staff across several categories. NEW DELHI: The Union Cabinet has approved a Productivity Linked Bonus (PLB) of 78 days’ wages worth Rs 2,009.61 crore for around 11.41 lakh eligible railway employees, recognising the Railways’ performance in 2025-26.The maximum bonus payable to…
The fully air-conditioned train set has brought several technological advances to passenger services. Vande Bharat Express trains had till the start of this year been manufactured only at the Integral Coach Factory (ICF) in Chennai. However, in 2026 the other two Indian Railways’ coach factories – Rail Coach factory (RCF) Kapurthala and Modern Coach Factory…
Taiwan advances Alaska LNG deal. Taiwan said on Wednesday it was making progress in negotiations to buy liquefied natural gas (LNG) from Alaska and planned to invest up to $4.4 billion in the project. The announcement came after US President Donald Trump said Taiwan had agreed to buy 30% of the proposed project’s output.Taiwan’s economy…
Jaishankar said the outcome would also depend on the terms other countries secured in their negotiations with US. (PTI) NEW DELHI: External affairs minister S Jaishankar has said that India and the United States were continuing talks to resolve differences over the proposed trade deal, adding that negotiations appeared to be heading towards a “landing…
MUMBAI: The rupee rose 49 paise to close at 95.28 per dollar on Tuesday from 95.77 in the previous session, outperforming Asian currencies after RBI introduced measures to curb dollar demand and speculative positions. The measures have widened bid-ask spreads in the forwards market and shifted some activity to the non-deliverable forward market.Meanwhile, RBI governor…
A soft CPI or a dovish tone from Warsh could take gold towards $4,220-4,310. Gold price prediction today: Gold prices are likely to trade cautiously with no clear catalyst for a big rise, says Vedika Narvekar, Research Analyst – Commodities & Currencies, Anand Rathi Shares and Stock Brokers. Below is her outlook:Gold has had a…
Indian shares are set for a muted opening on Wednesday after rallying in the previous session, as rising oil prices and sustained foreign fund outflows weighed on investor sentiment amid the ongoing corporate earnings season. GIFT Nifty futures stood at 22,764 at 7:50 am IST, signalling a muted start for the Nifty 50, which closed…
The bench examined the additional evidence submitted by the man, including banking records and documents. (Image for representative purpose only) A man bought a residential property along with his wife and father. However, he did not file his income tax return for the year.The tax department opened his case for reassessment and adding Rs 55.2…
Oil prices rise to to $106.58 a barrel (AI-generated image) Oil prices rose on Wednesday as traders weighed the risk of supply disruptions from escalating attacks by Yemen’s Iran-aligned Houthi rebels on Saudi Arabia against expectations of increased Russian diesel exports easing market tightness.Brent crude futures rose 89 cents, or 0.8%, to $106.58 a barrel…
CHENNAI: Zoho has paused hikes for its employees and is cutting down marketing spend due to inflation, rising AI-related expenses and challenging geopolitical and market conditions, said the company’s founder and chief scientist, Sridhar Vembu. In a post on X on Tuesday, he wrote that AI usage has driven up costs significantly amid a challenging…
