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Rising yields impact states’ borrowing costs

MUMBAI: Six states raised a total of Rs 20,100 crore in the latest state development loan auction conducted by RBI on Tuesday, with weighted average yields ranging between 7.6% and 7.9% across tenures of 6 to 30 years. The results are in line with the rise in yields on central govt bonds where 10-year bond…

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Rupee slides to new low of 96.53 vs dollar

MUMBAI: The rupee weakened to a record closing low of 96.53 against the dollar on Tuesday, marking its sixth consecutive session of decline, as sustained high crude oil prices and adverse global cues weighed on the currency. The local unit closed 18 paise lower compared to 96.35 in the previous session, after touching an intraday…

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Suriya’s film earns Rs 12.75 crore net; Worldwide gross reaches Rs 161.04 crore

Karuppu, featuring Suriya and Trisha Krishnan, continued its impressive performance in theatres on its fifth day. The film collected an estimated Rs 12.75 crore net in India on Tuesday, according to trade tracker Sacnilk.This represents a 10.8 percent decline from Monday’s Rs 14.30 crore net. India Net nears Rs 100 crore mark for ‘Karuppu’ With…

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TCS staff cites salary cut after appraisal, co disagrees

BENGALURU: TCS’ appraisal letters have triggered employee reactions, with some alleging reductions in CTC and downgrades in their performance bands. Discussions have also intensified around a drop in take-home salaries following changes linked to the implementation of new labour codes. The debate concerns the exclusion of gratuity from cost-to-company (CTC) under TCS’s revised compensation structure….

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‘Auto demand healthy despite rise in input cost’

NEW DELHI: India’s automotive industry is facing mounting pressure from rising commodity prices and global trade uncertainty, even as long-term demand and the shift towards electric mobility continue to support growth prospects, Assocham president Nirmal Minda said.He told TOI that raw material costs across plastics, aluminium and tungsten had increased sharply, putting pressure on manufacturers…

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PepsiCo bets bigger on India with 5,700cr expansion plan

NEW DELHI: PepsiCo will ramp up investments in India with a Rs 5,700-crore expansion by 2030 as the snacks and beverages maker bets bigger on one of its fastest-growing markets after a strong performance last year. The company reported a second consecutive year of double- digit growth, with a revenue of Rs 9,798 crore, up…

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RBI to align bank disclosure norms with global standards

MUMBAI: RBI’s new disclosure norms will put unlisted banks at par with listed peers, standardise reporting formats and units, and make global comparisons of Indian lenders much easier by mandating uniform, template-driven disclosures.The new norms prescribe globally aligned reporting architecture that mirrors Basel standards, addressing the third of the three pillars of the globally accepted…

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Earnings, endorsements, investments, car collection, and luxury lifestyle

Conor McGregor (Image Via Getty) Conor McGregor remains one of the richest and most recognizable stars in combat sports. Even after spending long periods away from the UFC, the Irish fighter continues to make headlines because of his business empire, luxury lifestyle, and possible return to competition in 2026. His estimated net worth in 2026…

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Insolvency resolution drops to 13-quarter low

NEW DELHI: Corporate insolvency resolutions dropped to a 13-quarter low of 36 cases being resolved by the National Company Law Tribunal (NCLT) during Jan-March 2026, compared with 70 a year ago, with just eight plans approved in Feb and seven in March. This was the worst March quarter for the resolution process since Jan-March 2022…

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Autopsy shows grievous external & internal injuries on Deepika

Deepika Nagar’s family alleges she was relentlessly harassed for dowry since her wedding in Dec 2024 NOIDA: The autopsy report of 24-year-old Deepika Nagar, whose family has accused her in-laws of killing her after months of dowry harassment, has found multiple grievous external and internal injuries. The examination found severe contusions on her face, thigh,…

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