May 4, 2026

Business

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Stock market outlook: Q2 results, macro data in focus; global trends and FII flows to guide investors’ sentiment this week

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Quarterly earnings, a slew of macroeconomic data releases, and global market trends are set to drive Indian equities in a holiday-shortened week, analysts said. The domestic stock markets will remain closed on Wednesday for the Guru Nanak Gurpurab holiday.“The holiday-shortened week is expected to remain eventful, with multiple key data releases and major corporate earnings…

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Foreign inflows resume: FPIs turn net buyers after 3-month selloff; Rs 14,610 cr flows back into Indian equities

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Foreign portfolio investors (FPIs) resumed buying Indian equities in October, ending a three-month stretch of continuous selling. Data from the National Securities Depository Limited (NSDL) shows that Indian stock markets witnessed net inflows of Rs 14,610 crore during the month.The latest inflow follows a sharp withdrawal trend seen earlier. FPIs had sold equities worth Rs…

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India’s fuel demand: Festive season fuels petrol sales; diesel sees marginal drop in October

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India recorded divergent fuel demand patterns in October, with petrol sales touching their strongest level in five months while diesel usage showed no festive lift, according to preliminary industry data, cited by PTI.The beginning of the festival travel period pushed petrol consumption to 3.65 million tonnes during the month. This is a 7% increase from…

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Indian Railways October dashboard: Freight loading climbs 2.3% year-on-year; highest-ever monthly freight earnings recorded

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Indian Railways ended October on a strong note, reporting its highest monthly freight revenue to date. The national transporter generated Rs 14,216.4 crore in freight earnings for the month, supported by a rise in cargo volumes and a wider mix of commodities being transported, according to ET.Freight loading in October reached 133.9 million tonnes (mt),…

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Preparing to settle in Portugal? Think again: Lisbon doubles citizenship timeline; wealthy Indians rethink golden visa plans

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Portugal has made a major change to its citizenship rules, doubling the minimum time foreigners must live in the country before being eligible for a passport, from five years to as long as ten. The move has given a major blow to the plans of wealthy Indians who used Portugal’s golden visa route to eventually…

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H-1B visa LCA submissions: FLAG system back online; employers can resume foreign hiring applications

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Employers in the United States can once again submit applications for H-1B, H-2A, H-2B and PERM visa programs to hire foreign workers after the Department of Labor restored processing through its Foreign Labor Application Gateway (FLAG) system. The Office of Foreign Labor Certification (OFLC) confirmed that the platform is active and operational, enabling employers to…

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FY26 GST revenue to exceed budget targets! States will remain net gainers; here’s what SBI report says

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GST revenue collections in FY26 might exceed estimates this financial year!SBI Research expects India’s Goods and Services Tax (GST) collections to outperform targets in FY26, even as the country moves through a major rate restructuring exercise. The banking group’s latest analysis took in account for similar gains and losses across the states and concluded that…

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Green tech breakthrough: NTPC pioneers India’s first CO₂ injection borewell; project to advance indigenous carbon capture and storage capability

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NTPC Ltd has begun drilling India’s first-ever geological carbon dioxide (CO2) storage well at its Pakri Barwadih coal mine in Jharkhand, marking a significant milestone in the country’s carbon capture and storage efforts.The initiative, spearheaded by NTPC’s R&D arm– the NTPC Energy Technology Research Alliance (NETRA)– represents a crucial step in advancing India’s Carbon Capture,…

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Explained: How an Indian-origin entrepreneur ‘borrowed’ $500 million from the world’s biggest asset manager | Business

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Imagine running a small telecom company and convincing the world’s biggest asset manager, BlackRock, that your business is booming. That’s what Indian-origin entrepreneur Bankim Brahmbhatt allegedly managed to do.Through his companies — Broadband Telecom, Bridgevoice, and Carriox Capital — Brahmbhatt borrowed more than $500 million from private-credit lenders led by HPS Investment Partners, a firm…

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