BENGALURU: India’s AI data-centre boom is creating an unexpected winner: engineers from mechanical, electrical and industrial backgrounds. As companies race to build energy-intensive AI infrastructure, mechanical, electrical and cooling engineers-roles long overshadowed by software jobs-are back in demand, commanding hefty salaries and opening a new career path for industrial talent.Companies actively hiring span the full…
NEW DELHI: Commerce and industry minister Piyush Goyal on Friday urged states to identify products that are currently imported but can be manufactured competitively in India.He said such efforts would not only reduce import dependence and save foreign exchange but also strengthen domestic supply chains and reduce vulnerabilities arising from excessive dependence on foreign suppliers.This…
MUMBAI: Credit growth remained elevated across the banking system on a year-on-year basis for the quarter ended June 2026 with few banks reporting advances growing at double the rate of credit growth. In contrast, the wedge between credit and deposit growth widened with some banks (Bank of Baroda, IDBI and RBL) reporting a dip in…
Terminal is inspired by Rajasthan’s royal heritage, featuring arches, domes and design motifs reflecting local culture Prime Minister Narendra Modi on Friday shared images of the new Jodhpur airport terminal, describing it as a major boost for tourism and connectivity ahead of its inauguration on July 4.In a post on X along with the pictures,…
Representative image (Picture credit: AP) India is set to challenge the proposed US tariffs on exports before the US Trade Representative (USTR) next week, arguing that findings related to alleged forced labour are legally flawed and could negatively impact American businesses and consumers.Representatives from the commerce ministry along with industry bodies including APEDA, FICCI, CII…
Piyush Goyal said India exported goods and services worth $863 billion in 2025-26 India has set an ambitious target of achieving $1 trillion in exports during the current financial year, with exporters and policymakers committing to the goal at a Board of Trade meeting in New Delhi, Union commerce and industry minister Piyush Goyal said…
When will state-run oil marketing companies like Indian Oil Corporation, Hindustan Petroleum, and Bharat Petroleum cut rates? (AI image) Global crude oil prices have crashed to a four month low and are now hovering around the pre-war levels. From around $120 per barrel to near $70 per barrel – the crash has been driven by…
File photo: US President Donald Trump shakes hands with European Commission President Ursula von der Leyen (Picture credit: Reuters) Trade in goods between the European Union and the United States reached a record €875 billion ($1.00 trillion) last year despite tariffs, but a new study has warned that the headline figures mask significant underlying economic…
File photo: Ashwini Vaishnaw IT minister Ashwini Vaishnaw has directed officials in the ministry of electronics and information technology (MeitY) to summon Meta over Instagram advertisements promoting child sexual abuse material (CSAM), sources said on Friday, according to news agency PTI.According to the sources, the ministry will seek an explanation from Meta over the issue…
The green shoots of nari shakti are now visible in India’s labour and enterprise data. But ASUSE 2025 also tells a more uneven story that women-owned enterprises are not rising uniformly across urban India. Gujarat and Maharashtra cities dominate the top ranks in female-owned proprietary establishments, while several northern cities sit near the bottom.The Indian…
