US labour market data: Jobless claims drop to 233,000 as layoffs stay low; total unemployment rolls hold near 2 million

US jobless claims fell to 233,000 last week, signaling a robust labor market despite economic uncertainties. The Labor Department’s data showed a decrease of 4,000 claims, surpassing analyst predictions. The four-week moving average also declined, reinforcing the stability in employment trends, with the number of Americans receiving unemployment aid remaining steady.

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Sugar sector milestone: Industry hits Rs 1.3 lakh crore mark; Union minister Pralhad Joshi says growth fuels rural prosperity & energy security

Union Food Minister Pralhad Joshi announced India’s sugar sector has expanded into a Rs 1.3 lakh crore annual industry, crediting policy reforms for driving rural development, energy independence, and green fuel production. Ethanol production capacity has increased more than fourfold in 11 years, reaching 1,810 crore litres annually. Ethanol blending in petrol has risen from…

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5 destinations to make the Udaipur–Kumbhalgarh–Mount Abu trip epic

Escape the desert stereotype with the Udaipur-Kumbhalgarh-Mount Abu circuit, a Rajasthani adventure blending royal history, natural beauty, and refreshing mountain air. Explore Udaipur’s City Palace and Lake Pichola, then journey to the imposing Kumbhalgarh Fort and its wildlife sanctuary. Conclude your trip amidst the serene Dilwara Temples of Mount Abu, experiencing a diverse and unforgettable…

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DAC clears Rs 1.05 lakh crore defence buys; focus on indigenous systems

The Defence Acquisition Council, chaired by Defence Minister Rajnath Singh, has approved the procurement of ten capital acquisition proposals worth Rs 1.05 lakh crore through indigenous sourcing. This includes equipment like Recovery Vehicles, Electronic Warfare Systems, and Surface-to-Air Missiles. These procurements aim to enhance the operational readiness of the Armed Forces by improving mobility, air…

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CII push for to critical minerals : From licensing ease to global FTAs, industry lays blueprint; auto slowdown warning adds urgency

The Confederation of Indian Industry (CII) advocates for a comprehensive revamp of India’s critical minerals policy, pushing for automatic mining rights for Exploration Licence holders. They also propose viability gap funding and FTA provisions to secure mineral supply chains. CII projects India’s economy to grow at 6.4–6.7% by 2027, emphasizing the need for reforms to…

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