Zepto gets Sebi’s nod for $1bn IPO

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Can't hold fuel losses indefinitely: Officials; crude averages $105 a barrel in May so far

Soaring crude oil prices, averaging $105.4 a barrel, are straining oil companies' finances as they sell fuel below cost. Despite government excise duty cuts, losses are unsustainable. Experts suggest gradual price hikes and innovative strategies to manage the transition to renewables while supporting companies' investments and the macroeconomy.

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US adds stronger-than-expected 115,000 jobs in April despite Iran war impact

US employers added a robust 115,000 jobs in April, surpassing expectations despite global economic uncertainty from the Iran conflict. The unemployment rate held steady at 4.3%. Healthcare and transportation sectors saw significant hiring, while manufacturing experienced job cuts. This resilient labor market suggests the Federal Reserve may hold off on interest rate cuts as inflation remains a concern.

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Top stocks to buy today: Stock recommendations for May 8, 2026 - check list

Stock market recommendations: NLC India, and Sammaan Capital have been chosen by Bajaj Broking Research as the top stocks to buy on May 8, 2026, with a 1-month target horizon.

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Oil prices jump as US-Iran tensions intensify; Brent crude stays beyond $100, WTI up 3%

Oil prices surged Friday as US-Iran tensions flared, reversing earlier declines. US strikes on Iranian targets prompted accusations of ceasefire violations, escalating fears over the vital Strait of Hormuz. This geopolitical volatility overshadows concerns about suspicious trading activity linked to policy announcements, impacting global energy supplies and inflation.

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Mozambique LNG project has achieved 42% completion: BPCL

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Stock Market Live Updates: Sensex up over 100 points, crosses 78,000 mark; Nifty50 opens above 24,350

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