The Bombay High Court considered Section 23 of the Senior Citizens Act. (Image for representative purpose only) A couple gifted their son a flat that they had bought in 2005 on the condition that he take care of them. Years later, the Bombay High Court directed the son to vacate the flat. Here’s what the…
CNG, hybrids and EVs together accounted for 42% of India’s passenger vehicle sales in August, surpassing petrol’s 41% share for the first time. India’s passenger vehicle market is reportedly seeing a notable shift in consumer preference away from petrol, with CNG, hybrid and electric vehicles together accounting for 42% of sales in August 2026.For the…
Sugar prices jumped 11.9%, while cereal and vegetable oil prices rose 2.2% and 0.6%, respectively World food prices rose to their highest level since late 2022 in August as extreme weather, geopolitical tensions and disruptions to trade routes heightened concerns over supplies of key agricultural commodities, the UN Food and Agriculture Organization (FAO) said on…
30% productivity boost could power 35% of future manufacturing India’s manufacturing sector could get nearly 35 per cent of its future output simply by getting its workforce 30 per cent more productive.The finding comes from KPMG’s analysis of more than 130 large Indian manufacturing companies over 10 years. It found that companies which improved productivity…
US president Donald Trump US President Donald Trump plans to spend up to $500 million from MAGA Inc to help Republican candidates in the November 3 midterm elections. The move comes after some Republicans raised concerns that Trump was not using the political group’s large cash reserves to help candidates fighting close races for the…
Tesla’s wheel-free Cybercabs face US safety probe just a day after launch Just a day after Tesla’s wheel-free taxis hit the streets of Austin, Texas, the ride is already facing a regulatory speed bump. The US auto safety regulator has opened an investigation into whether the new vehicles, which lack steering wheels, mirrors and brake…
Venezuelan businessman Alejandro Betancourt, once the subject of a US money-laundering investigation, is being considered for a role in brokering a potential Venezuela oil deal. The Trump administration has enlisted Venezuelan businessman Alejandro Betancourt to help broker a major US oil deal with Venezuela, despite his long-running links to a US investigation into an alleged…
Anthropic is delaying its planned IPO, with the AI company now expected to start marketing the offering in mid-October at the earliest, according to people familiar with the matter. The listing could take place days before the US midterm elections in November.The AI giant is now expected to make its initial public offering prospectus public…
Amitabh Chaudhry, who has headed Axis Bank for seven-and-a-half years MUMBAI: Under Amitabh Chaudhry, who has headed Axis Bank for seven-and-a-half years, the bank delivered an 18% ROE for nearly seven quarters. However, the retail cycle, higher credit costs and rate cuts put pressure on NIMs. In an interview with TOI, Chaudhry spoke about how…
Consumers may increasingly also have the choice to go for smaller-sized portions Mumbai: Protein foods are now a common sight across retail shelves, but consumers may increasingly also have the choice to go for smaller-sized portions going ahead. As protein-deficient Indians become picky in terms of what they eat and add to their regular diets,…