Jaguar Land Rover is recalling 170,169 vehicles in the US due to loss of drive power, the US National Highway Traffic Safety Administration said on Thursday. The recall affects multiple models including Range Rover, Discovery, Range Rover Sport, Defender, etc., NHTSA said. A failure of the DC-DC converter will stop the vehicle’s 12-Volt system from…
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MUMBAI: With Brent crude hovering over $103/barrel and rupee below 94-to-a-dollar, sensex slid over 852 points (1.1%) on Thursday to 77, 664 points. Foreign funds were aggressive sellers with the net outflow at Rs 3, 255 crore, their biggest single-session net sell-off in two weeks, BSE and NSDL data showed.The fluid nature of the second…
“Indian equity markets are expected to open on a weak to negative note on Thursday (23rd April 2026), tracking sharp weakness in GIFT Nifty and cautious global cues. GIFT Nifty is currently trading around 24,200, down by nearly 160 points, indicating a gap-down start for domestic benchmark indices. The decline reflects profit booking after the…
Oil prices slipped slightly on Thursday after strong gains in the previous session, as investors weighed stalled peace talks between Iran and the United States and ongoing restrictions on key shipping routes, including the Strait of Hormuz.Brent crude futures fell 15 cents to $101.76 a barrel, after crossing the $100 mark for the first time…
MUMBAI: The minutes of the April meeting of the Monetary Policy Committee (MPC) reveal a panel that was deeply concerned about the downside risks to growth emanating from the West Asia conflict, even as it remained uniformly confident about the resilience of India’s macro fundamentals leading to the unanimous decision to hold rates.Governor Sanjay Malhotra…
MUMBAI: Two years after one of India’s most storied business dynasties, Godrej Group, split, Godrej Industries Group (GIG) is targeting 15% annual growth over five years and preparing to list more businesses as incoming chairman Pirojsha Godrej charts its next phase.GIG, with sales of Rs 57,300 crore, also plans to expand a nascent pet care…
The commerce department is working with agencies, including the Shipping Corporation of India (SCI), which was on the privatisation list until recently, to run special vessels to West Asia t o help exporters move their goods at cheaper rates.While freight to West Asia is in the region of $3,000-3,500 per 20-feet equivalent (TEU) and $4,500-6,000…
The United States has approved only one applicant so far under President Donald Trump’s ‘Gold Card’ visa programme. According to Commerce Secretary Howard Lutnick, the visa programme will offer US residency in exchange for a $1 million fee.Testifying before a US House committee on Thursday, Lutnick said that the identity of the approved applicant was…
The Reserve Bank of India (RBI) has cautioned that possible second-round effects, where supply shocks could transform into demand-side pressures, require careful and continuous assessment amid the ongoing West Asia conflict, according to the April edition of its bulletin.The bulletin noted that while the ceasefire between the United States and Iran has provided some breather…
