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Sunday, May 31, 2026

Prices of 30 medicines capped, including some for diabetes, BP

Covers Calcium And Vitamin Supplements Too

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FPIs take out nearly Rs 33k cr from Indian equities in May



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RBI MPC may hike inflation forecast, trim growth rate

All Eyes On June 5 Statement As Gulf Crisis Nears 100 Days

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Saturday, May 30, 2026

Indian crude basket below $100/bbl, 1st since March 6



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5-month duty relief for cotton imports

Move To Keep Prices In Check, Aid Textile Industry

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Cotton duty relief: Textile industry welcomes import tax waiver, sees boost for exports and MSMEs

The Centre has exempted customs duties on cotton imports for five months until October 30, aiming to boost availability and reduce costs for India's textile sector. This move is expected to enhance competitiveness, particularly benefiting MSMEs and enabling garment exporters to secure orders more effectively amidst global volatility.

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Friday, May 29, 2026

Create 30-day strategic LPG reserve, govt instructs OMCs



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US stock markets today (May 30, 2026): S&P 500, Nasdaq extend record run as Dell jumps 33% on AI demand

US stocks continued their record-setting rally, driven by strong earnings and AI optimism, pushing major indices higher. Despite inflation and geopolitical concerns, investor sentiment was buoyed by hopes of a US-Iran ceasefire extension, easing energy market pressures. Technology stocks, particularly Dell, led the gains as markets closed the week on a positive note.

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Wednesday, May 27, 2026

Cabinet okays Rs 25k crore scheme to modernise PDS scheme



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AI, AI Express, IndiGo to slash 250 domestic flights a day



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Gaming companies face Rs 2.5 lakh crore hit as SC upholds GST

28% Levy On Full Face Value Of Bets Valid: Court

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First make 50 cities completely clean: PM to urban affairs ministry, states



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Monday, May 25, 2026

To end price confusion, government to standardise edible oil packs



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With 4th hike in 11 days, petrol crosses Rs 100 a litre in capital



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India has 78 days of crude stock, no shortage of LPG: Government to parliament panel



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Stock market holiday: Will NSE and BSE remain closed for Bakri Eid this week?

Stock markets will observe a shortened trading week with a closure on Thursday, May 28, for Bakri Eid. This marks the second holiday this month. Investors can anticipate several more market holidays throughout 2026, including those for Muharram, Ganesh Chaturthi, and Diwali. While some holidays fall on weekends, a special Muhurat Trading session is expected.

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Sunday, May 24, 2026

What is a claim? IRDAI seeks industry's standard definition

Necessary To Determine Claims Ratio, Underwriting Profits

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Saturday, May 23, 2026

Monday, May 18, 2026

IndianOil profit soars 2.8 times in 2025-26



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Elon Musk loses lawsuit against OpenAI

A jury in Oakland ruled Elon Musk waited too long to sue OpenAI and its leaders, a decision that significantly benefits the AI company and its founders. The jury found Musk's lawsuit barred by the statute of limitations, a finding the judge indicated she agrees with. This ruling comes as OpenAI prepares for a potential IPO.

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Sunday, May 17, 2026

Stopped from holding meets, Tata Trusts weighs options

Tata Trusts is exploring options after a charity commissioner's order halted board meetings. This directive impacts administrative decisions and shareholder roles in Tata Sons. Trusts plan to seek clarification, argue against a blanket ban, or challenge the order in court, contesting its retrospective application.

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Weather & then war lead to tears in India’s onion basket

Maharashtra's onion farmers face devastating losses as prices plummet far below production costs. A combination of bumper harvests, weak demand, export disruptions, and unseasonal rains has led to crops rotting and farmers selling at a significant deficit. Many are demanding government intervention and compensation for their distress.

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Friday, May 15, 2026

‘India, UK work on steel issue for trade pact rollout’



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Petrol, diesel prices up by Rs 3, CNG by Rs 2, further hike likely; no change in piped gas yet



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Rapido valued at $3 billion with fresh $240 million funding

Investment part of broader $730 million round; valuation up 30% since last secondary transaction.

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Govt imposes Rs 3/litre windfall tax on petrol exports, cuts diesel and ATF export levies

The government has imposed a Rs 3 per litre windfall tax on petrol exports while reducing levies on diesel and aviation fuel. These revised rates, effective May 16, aim to ensure domestic fuel availability and prevent excessive profits from elevated global crude oil prices amid the West Asia conflict.

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Thursday, May 14, 2026

Petrol, diesel prices: Check latest fuel rates in your city and state after Rs 3 increase

Fuel prices have surged across India, with petrol now exceeding Rs 110 per litre in several states and diesel nearing Rs 100 in many regions. This hike, averaging Rs 3 per litre, follows sustained pressure from elevated global crude oil prices, exacerbated by the West Asia crisis.

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Sugar exports banned till Sept 30 to check prices



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IMF warns Iran war disruptions are pushing global economy towards ‘adverse’ scenario; growth risks rise



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Tuesday, May 12, 2026

Freights may see further rise: Mitsui OSK

Mitsui OSK Lines anticipates further container rate increases due to a gap between rising bunker oil costs and freight rates, particularly in Asia. While a prolonged conflict could impact demand, the company remains bullish on India's growth, expanding its fleet for energy and vehicle transport.

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Fragile ceasefire leaves Dalal-Street on edge, sensex falls 1.5k pts

Crude Prices Over $105/Bbl I FPI Outflows Slower, But Persistent

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India-UK FTA clears steel hurdle; 85% of Indian exports shielded from British curbs

India has secured protection for 85% of its steel exports to the UK under the upcoming free trade agreement, with the remaining shipments co...