Latest News, Updates & Breaking Headlines
MUMBAI: As the West Asia peace talks showed no meaningful progress, and fresh reports of flare-ups between the US and Iran emerged, crude oil prices jumped and weighed on investor sentiment on Dalal Street on Monday. With foreign funds continuing to sell Indian stocks, sensex slid 1,100 points from the day’s high to close at…
NEW DELHI: Industrial production growth slowed to 4.9% in April 2026 from 5.7% a year earlier on account of a contraction in mining and quarrying and slowdown in other sectors. The statistics ministry Monday released the new IIP series, with 2022-23 as the base year (from 2011-12), updating the methodology and broadening the coverage of…
BENGALURU: Nandan Nilekani turns 71 on Tuesday, and if all goes as per plan, Infosys shareholders will re-elect him as non-executive chairman for a third successive term at the company’s annual general meeting to be held later this month.Since his reentry into Infosys in 2017, after the tumultuous period under then CEO Vishal Sikka, things…
MUMBAI: Unified Payments Interface transactions rose to 2,320 crore in May 2026 from 2,235 crore in April while value increased to Rs 29.9 lakh crore from Rs 29 lakh crore, translating into 24% growth in volume and 19% growth in value on a year-on-year basis.Average daily transactions stood at 74.8 crore with 74.5 crore in…
NEW DELHI: Govt is reviewing tariff concessions on Scotch and some other products proposed in the trade agreement with the UK if its concerns over steel quotas and duties are not addressed before the treaty is ratified.“We have to rebalance the FTA… We haven’t made up our mind, but we can consider action on certain…
CHENNAI: The Indian passenger vehicle (PV) industry delivered a resilient performance in May 2026, with four of the six leading automakers-which together account for nearly 94% of India’s PV volumes-posting double-digit year-on-year growth despite recent vehicle price increases driven by rising raw material costs linked to the West Asia crisis, and a fuel price hike…
MUMBAI: Amid a sweeping restructuring at Tata Digital, Maya Tata, the daughter of Tata Trusts chairman Noel Tata, is exploring a move out of the company, said people familiar with the matter.Maya, 37, is weighing roles across several Tata Group companies, including Trent and Tata Consumer Products, with people saying she is favouring the listed…
Market regulator Sebi on Monday proposed allowing Infrastructure Investment Trusts (InvITs) in the roads sector to add back certain major maintenance expenses funded through external debt while calculating Net Distributable Cash Flow (NDCF), a move aimed at addressing industry concerns over lower distributable cash.The proposal follows representations from the Bharat InvITs Association (BIA), which sought…
Investors holding Sovereign Gold Bonds (SGBs) issued between 2019 and 2021 can apply for premature redemption in June 2026, with the Reserve Bank of India (RBI) opening redemption windows for five bond tranches during the month.Investors planning to exit before the eight-year maturity period must submit their requests within the specified timelines through banks, post…
Artificial intelligence company Anthropic has taken a major step towards a public market debut, announcing that it has confidentially filed paperwork with the US Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO), AP reported.The company said the filing gives it the option to go public after the SEC completes its review…
