The American Express Times
Saturday, May 9, 2026
Air India delays salary increments and urges cost cutting
Air India is implementing cost-cutting measures, including deferring salary increments and postponing bonuses, in response to a ₹22,000 crore loss caused by geopolitical disruptions, airspace restrictions, and rising fuel costs. These actions aim to stabilize the airline’s finances amid ongoing market uncertainties while maintaining workforce stability and customer service quality.
★ Featured Stories
Policing in Pakistan
Pakistan’s police force is hampered by chronic underfunding, manpower shortages, outdated legal frameworks, political interference, corruption, and inadequate technological capabilities. These deep-rooted issues undermine law…
Fictionalizing My Only Mother
In 2002, Dylan Landis’s short story depicting an emotionally distant mother triggered a painful estrangement with her own mother, who had struggled with depression and…
Supreme Court declines arrest of Anil Ambani in RCOM fraud case
The Supreme Court refused to order the arrest of Anil Ambani in the alleged ₹31,580 crore bank fraud case involving Reliance Communications, emphasizing that arrest…
Precautionary Hantavirus Surveillance Activated by Indian Health Ministry
India’s Union Health Ministry has initiated surveillance after eight hantavirus cases, including five confirmed and three deaths, were reported on the Dutch cruise ship MV…
★ All Stories
US Expects Iranian Response to Gulf Peace Proposal Amid Rising Tensions
The United States has presented a new proposal to Iran aimed at ending the escalating conflict in the Gulf, with Iranian officials expected to respond…
What Indian Muslims' political representation reveals
In the recent state elections in West Bengal and Assam, Muslims, despite being over 30 percent of the electorate, remained underrepresented, with the BJP fielding…
Supreme Court Directs Speedier Trials in National Investigation Agency Cases
The Supreme Court directed the creation of dedicated National Investigation Agency (NIA) courts with specific infrastructure and judicial focus to expedite trials under anti-terror laws…
Tata Trusts board meeting postponed amid veto power concerns
Tata Trusts postponed its May 8 board meeting to May 16 amid internal disputes over nominee directors on Tata Sons’ board, including concerns about chairman…
Bank of Baroda Q4FY26 Financial Results and Outlook
Bank of Baroda and Bank of India both reported strong Q4FY26 results, with net profits rising 11.2% and 15% respectively, driven by higher net interest…
Trump Administration Proposes Significant Increase in H-1B Visa Salary Thresholds
The Trump administration has proposed raising the minimum salary requirements for H-1B visa holders, with entry-level software engineers in cities like San Francisco now needing…
Titan net profit climbs 35.4% to ₹1,179 crore in Q4FY26
Titan Ltd. reported a 35.36% increase in consolidated net profit to ₹1,179 crore for Q4FY26, driven mainly by an 88.6% surge in jewellery segment revenue…
Shashi Tharoor Moves Delhi High Court Against Deepfake Videos
Congress MP Shashi Tharoor has petitioned the Delhi High Court against deepfake videos falsely showing him praising Pakistan and making sensitive remarks, seeking to stop…
Bharat Forge Shows Strong Growth Potential Despite Q4FY26 Setbacks
Bharat Forge posted a 4.5% rise in Q4FY26 revenue to ₹2,260 crore with adjusted earnings of ₹370 crore, while forecasting 25% growth in Indian manufacturing…
E-way bill generation grows 12% YoY to fourth-highest ever in April
E-way bill generation under India’s GST system increased by 12 percent year-on-year in April to 133.37 million, reflecting strong goods movement despite a 5.1 percent…
Vesuvius India Limited Financial Results for Quarter Ended March 31, 2026
Vesuvius India Limited reported a net profit of 5,585 million INR and total income of 49,985 million INR for the quarter ending March 31, 2026.…
Mamata Banerjee’s political fall and Suvendu Adhikari’s rise
Suvendu Adhikari has joined the Bharatiya Janata Party and is set to play a key role in West Bengal’s BJP-led government after leaving the Trinamool…
Respiratory Drug Sales Rise 18% as Asthma Cases Increase
Sales of respiratory drugs in India rose nearly 18 percent in April 2026 compared to the previous year, driven by a surge in seasonal flu…
Claire Mazumdar chosen as Biocon successor
Kiran Mazumdar-Shaw has designated her niece, Claire Mazumdar, as her successor to lead Biocon over a planned five-year transition period. Claire’s expertise in biotech entrepreneurship…
US trade court strikes down Trump's 10% global tariff; BTA negotiations in doubt
The U.S. Court of International Trade ruled that the 10 percent global tariffs imposed by President Trump under Section 122 of the Trade Act of…
David Attenborough Celebrates 100th Birthday amid World-Wide Acclaim
David Attenborough celebrated his 100th birthday with global tributes and a special concert at London's Royal Albert Hall, honoring his decades-long impact on natural history…
Will 200+ scores build or erode brand IPL?
The Indian Premier League has seen a dramatic increase in innings surpassing 200 runs since 2024, driving record viewership and lucrative broadcasting deals. However, this…
Andhra Pradesh High Court Contempt Incident Sparks Debate
A dispute between Justice Tarlada Rajasekhar Rao and a senior advocate at the Andhra Pradesh High Court during a hearing on a passport seizure petition…
Sagar Business unveils India’s first TJK superflex weldmesh unit in Cuttack
Sagar Business Ventures Limited, in partnership with Tata Steel, opened India’s first TJK superflex weldmesh manufacturing plant in Odisha, capable of producing wider welded wire…
Gross Direct Premiums for Non-Life Insurance Rise 8.28% in April 2026
Gross direct premiums underwritten by non-life insurers in India increased by approximately 8.3 percent year-on-year to ₹36,417.67 crore in April 2026, led by a 34.5…
The case for rethinking India’s jobs problem
Unemployment remains a critical issue for Indian voters as political parties repeatedly fail to deliver promised job creation, with the majority of workers now engaged…
Swiggy narrows Q4 net loss to ~₹800 crore amid revenue growth
Swiggy reduced its consolidated net loss to approximately ₹800 crore in Q4 of fiscal 2025-26, down from ₹1,081 crore the previous year, driven by a…
Pentagon Releases UFO Files for Public Transparency
The Pentagon has started releasing a series of declassified files on unidentified flying objects (UFOs) in coordination with multiple government agencies, making the records publicly…
Kissht Makes Strong Market Debut, Shares List at 12% Premium
Digital lending platform Kissht launched on the Bombay Stock Exchange at ₹191 per share, surpassing its IPO price by about 12%, and quickly rose to…
India’s Suicide Count Rises 1.5 Times Since 2000, Daily Wage Earners Most Affected
India’s suicide rate has risen by 50 percent since 2000, reaching 170,746 cases in 2024, with daily wage earners now constituting the most affected group.…
TSMC Sales Grow 17.5% Amid AI Chip Demand Boom
Taiwan Semiconductor Manufacturing Co. (TSMC) reported a 17.5% sales increase in April, driven by strong demand for advanced AI semiconductors from clients like Nvidia and…
Domestic construction equipment sales decline 6.7% in FY26 amid West Asia conflict
India’s domestic sales of construction equipment dropped by 6.7 percent to 113,229 units in fiscal year 2025-26 due to slower infrastructure progress, higher costs, and…
Test Cricket: A History Explores Colonial and Social Complexities
Tim Wigmore’s book "Test Cricket: A History" examines how the sport’s development has been deeply intertwined with colonialism, racial exclusion, and social hierarchies from its…
Retail Investors Exhibit Greater Risk Awareness Amid West Asia Conflict
Upstox CEO Ravi Kumar reported that increased market volatility from the West Asia conflict has led Indian retail investors to adopt more cautious and disciplined…
Declaration of Postal Ballot Results at Kkalpana Industries
Kkalpana Industries (India) Limited secured shareholder approval for two material related party transactions with Ddev Plastiks Industries Limited and Ddev Plastic Limited through a postal…
লালবাড়ির অধিকারী: ভয়সা যেন না ভাঙে, আগামীর স্পষ্ট বার্তা শাহের
BJP senior leaders met with their 103 West Bengal legislators to discuss the selection of a new chief minister and strategize for upcoming elections. This…
Toyota Warns of $4.3 Billion Impact from Iran War in FY27
Toyota Motor Corporation forecasted a $4.3 billion financial impact for the current fiscal year due to the Iran conflict, leading to a nearly 50 percent…
Hyundai India Q4FY26 profit dips 22% due to higher commodity costs and volume mix
Hyundai Motor India Limited's consolidated net profit fell by 22.2% to ₹1,255.63 crore in Q4 of FY 2025-26, mainly due to higher commodity costs and…
Rahul Gandhi Accuses BJP of Election Manipulation
Rahul Gandhi accused the BJP of manipulating voter lists and controlling election machinery across several states to secure its power. He warned that these alleged…
Indians Increasing Investments in Overseas Markets Amid Domestic Challenges
Indian investors increased their overseas investments by 60 percent between April 2022 and February 2023, deploying over $2.2 billion into foreign equities and debt amid…
Postal Ballot and Remote E-Voting Process Notice by Fedbank Financial Services
Fedbank Financial Services Limited has initiated a postal ballot via remote e-voting to obtain shareholder approval for material related party transactions with its holding company,…
E-Auction Sale Notice of Immovable Assets by Punjab National Bank
Punjab National Bank will conduct an online auction on May 26, 2026, to sell multiple immovable properties seized from borrowers and guarantors to recover outstanding…