US stock market today: Wall Street, oil prices steady after sharp swings yesterday

Investors assessed the latest developments following President Donald Trump’s remarks casting doubt on the temporary truce in the conflict with Iran. (AI image) Wall Street traded with little direction on Thursday, while oil prices remained relatively stable after the sharp volatility seen a day earlier, as investors assessed the latest developments following President Donald Trump’s…

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Strait of Hormuz toll proposal: What are the key waterways in the world & is there a fee to transit them?

Under international law, ships are generally entitled to transit passage through straits used for international navigation. (AI image) With the Strait of Hormuz now beginning to reopen, Iran and Oman — the two nations bordering the strait — have floated the idea of introducing a permanent fee system for ships using the passage.Until the US…

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Stationary vehicle does not escape liability if improperly parked; Calcutta High Court enhances compensation for deceased homemaker

The claims arose out of a road accident that occurred on 16.04.2022 near Harina Bus Stand on National Highway-6 under Kharagpur (Local) Police Station. (AI image) The Calcutta High Court has held that the mere fact that a vehicle was stationary at the time of an accident does not absolve its owner or insurer from…

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TCS Q1 FY27 results: Tata Consultancy Services reports 5% y-o-y increase in net profit to Rs 13,349 crore

TCS Q1 FY 2026-27 results: Tata Consultancy Services (TCS), India’s largest IT services company, reported a 5% year-on-year increase in consolidated net profit for the first quarter. Earnings rose to Rs 13,349 crore from Rs 12,760 crore in the corresponding period last year. The company’s board also approved an interim dividend of Rs 12 per…

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New EPF Scheme 2026: 10 questions employees are asking about contributions, withdrawals and retirement savings

For most employees, the EPF Scheme, 2026 is not about starting afresh. Rather, it represents a transition to a modernised framework. (AI image) The Employees’ Provident Funds Scheme, 2026 has generated significant interest among employees across India. While the new scheme replaces the Employees’ Provident Funds Scheme, 1952 and forms part of the social security…

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Indian IT Layoffs :Silent layoffs: Around 35,000 tech jobs may be eliminated this year; India’s IT sector sees AI shift | India Business News

The latest trend reflects a new phase in the restructuring of India’s IT services industry, which is valued at over $315 billion. (AI image) Silent layoffs and job cuts are becoming the new norm in India’s technology and software services industry. As a result, as many as 35,000 jobs could be cut during the current…

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India-Australia-Canada form tech triangle: New pact to boost AI, critical minerals and supply chains

India, Australia and Canada are set to strengthen cooperation in technology and innovation, with the three countries signing the Australia–Canada–India Technology and Innovation (ACITI) Partnership Memorandum of Understanding (MOU), on Thursday.The agreement is set to boost collaboration in critical and emerging technologies while complementing existing bilateral initiatives between the three countries. The new tech triangle…

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