University of New Orleans In a significant restructuring of the Louisiana higher education landscape, legislators have approved the transfer of the University of New Orleans (UNO) from the University of Louisiana (UL) System back to the Louisiana State University (LSU) System. This decision marks a major development in US public higher education, with implications for…
Supported by easing oil prices and firm domestic equities, the rupee reversed a two-day losing run to settle marginally higher even as traders stayed cautious ahead of the RBI’s rate decision.The rupee closed 7 paise stronger at 85.80 against the US dollar on Thursday, snapping a two-session slide as positive cues from Asian currencies and…
Representative image (Picture credit: AP) NEW DELHI: Doubling of import duty on steel and aluminium by the Trump administration will dent export demand, with companies having to scout for alternative markets.Several US importers have gone slow on fresh orders as costs went up significantly after the imposition of 25 per cent duty, although India was…
Higher loans, credit cards coming street vendors’ way NEW DELHI: With the contours of the revamped PM SVANidhi scheme having been finalised, street vendors will be getting higher subsidised loans, as well as credit cards with a limit of Rs 30,000, on account of banks coming on board. The credit cards will be issued by…
Decline in international student enrolments threatens US higher education Recent analysis of data from the Student and Exchange Visitor Information System (SEVIS) has raised alarm bells regarding international student enrolments in the US for the 2024/25 academic year. According to the data, enrolments have dropped by 11% from March 2024 to March 2025, resulting in…
NEW DELHI: With the Income Tax Return (ITR) filing deadline for Assessment Year 2025–26 extended from July 31 to September 15, 2025, a key question has surfaced: will this extension increase the government’s interest liability on tax refunds?TOI reached out to multiple tax experts to understand the implications of this move on both taxpayers and…
State-owned Oil India Ltd on Wednesday reported a 21 per cent decline in its net profit for the January–March quarter of FY25, citing lower crude oil and natural gas prices as key factors behind the drop.The company posted a net profit of Rs 1,591.48 crore in the fourth quarter of 2024–25, down from Rs 2,028.83…
NEW DELHI: Indian govt’s retaliatory move to restrict import of ready-made garments (RMG) from Bangladesh via the land route is expected to increase logistics costs and transit time for the products which account for around a third of shipments from India’s neighbour in the east.While it takes only two-three days for apparel produced in Bangladesh…
US stocks opened sharply higher on Thursday morning after President Trump announced a “full and comprehensive” trade agreement between the United States and the United Kingdom, fuelling optimism across global markets and lifting investor sentiment.As of 9:32 a.m., the Dow Jones Industrial Average climbed 218.81 points, or 0.53%, to 41,332.78, following the President’s post on…
NEW DELHI: Prime Minister Narendra Modi on Wednesday said “India’s space journey is not about racing others, it is about reaching higher together. Together, we share a common goal to explore space for the good of humanity”.Addressing the Global Conference on Space Exploration (GLEX 2025) via a video message, Modi urged for collective growth via…