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Thursday, May 28, 2026

Subsidy bill set to spike due to fertliser payouts, cooking gas payouts

Fertiliser Outgo May Hit 3.8L Cr, Oil Cos Losing 700/Cylinder

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How India’s net FDI went from $28 billion to $1bn in 2 years



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US homebuyers face fresh pressure as mortgage rates climb to 9-month high



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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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‘Unfair trade practice’: Consumer commission pulls up EPFO over decade-long PF delay, orders Rs 50,000 compensation

Chandigarh Consumer Commission penalised EPFO Rs 50,000 for a decade-long delay in transferring provident fund. Software glitches were dismissed as an excuse for the significant lapse. The commission found EPFO guilty of deficiency in service and unfair trade practice, ordering compensation for the employee's prolonged wait for his PF funds.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/lebkhj4

Monday, May 11, 2026

Amid AI push, LTM ramps up fresher hiring by 40%

LTM boosted fresher hiring by 40% and deployed over 1,500 AI agents in FY26 to enhance productivity. Simultaneously, the company increased reliance on overseas subcontractors, particularly in the US and Europe, while its permanent employee count grew overall, driven by India.

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Sensex tumbles 1,313 pts as West Asia tensions reignite

Foreign funds net sell 8.4K crore stocks; investors poorer by 6 lakh crore

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Amid forex concerns, jewellers’ body asks govt to mobilise idle gold instead of curbing demand



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Sunday, May 10, 2026

Net FPI outflows cross '2 lakh crore, top FY25 record within 5 months

Selling abates, foreign funds in no rush to buy: Goldman Sachs

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FPI May trade: Foreign portfolio investiors withdrew Rs 14,231 crore from Indian equities

Foreign portfolio investors have withdrawn over Rs 2 lakh crore from Indian equities in 2026, with May seeing further outflows of Rs 14,231 crore. Persistent global macroeconomic uncertainties, including inflation and interest rate concerns, are driving this trend, making developed market debt more attractive. Despite overall selling, some selective interest remains in specific sectors and growth-oriented mid and small-cap stocks.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/j5D4X1B

Saturday, May 9, 2026

Strait trouble: Global oil tanks running dry at unprecedented pace as Hormuz remains choked

Global oil inventories are rapidly depleting due to the Iran war disrupting crude flows from the Persian Gulf, leading to concerns of price spikes and shortages. Asia faces immediate pressure, with some nations potentially experiencing shortages within a month as reserves hit multi-year lows. Strategic reserves are being deployed, but this further weakens the global safety buffer.

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India-EU ties at ‘new level’: Partnership is limitless and ambitious, says EU envoy Herve Delphin



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Subsidy bill set to spike due to fertliser payouts, cooking gas payouts

Fertiliser Outgo May Hit 3.8L Cr, Oil Cos Losing 700/Cylinder from Business News Today: Stock Markets, Financial News, India Business ...