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Indian rupee strengthens 3rd day at 95.35 per US dollar
The Indian Rupee opened 35 paise higher at 95.35 per dollar, marking its third consecutive day of gains amid optimism over a potential Iran deal boosting market sentiment.
Major PE firms back AI infrastructure and renewables in Asia
Global private equity giants focus on AI-driven infrastructure and energy transition, viewing India as a key growth market despite geopolitical volatility.
Japan's Nikkei 225 closes above 65,000 for 1st time ever
Japan's Nikkei 225 surged past 65,000 for the first time, fueled by optimism over U.S.-Iran peace talks, while energy-related stocks and AI sector shares saw significant movement.
Singapore's economy grows 6% early 2026 officials keep 2-4% forecast
Singapore's economy grew 6% year-on-year in Q1, fueled by surging demand for AI chips and components, despite global challenges from the Middle East conflict and rising inflation.
India Post and Flipkart partner to speed remote e-commerce deliveries
India Post and Flipkart have signed an agreement to enhance last-mile parcel delivery across India, leveraging over 1.6 lakh post offices to reach urban, rural, and remote areas.
Indian markets likely up as oil under $100, U.S.-Iran optimism
Indian equity benchmarks are poised for a gap-up opening on Monday, driven by optimism surrounding a potential US-Iran deal. Brent crude prices have dipped below $100 per barrel.
Gold jumps over 1% to $4,570.88 an ounce on Monday
Gold prices surged over 1% as a weaker dollar and falling oil prices bolstered demand, while investors monitored U.S.-Iran peace negotiations for potential breakthroughs.
AISBISF postpones strike, SBI branches open May 25 and 26
The planned SBI strike on May 25 and 26, 2026, has been postponed. All branches will remain open, ensuring uninterrupted banking services for customers nationwide.
RBI weighs rate hikes and dollar swaps to steady rupee
The Reserve Bank of India is exploring options like rate hikes, currency swaps, and overseas dollar deposits as the rupee hits a record low of nearly 97 per dollar.
South Korea launches single-stock leveraged ETFs tied to chip giants
South Korea is set to launch its first single-stock leveraged ETFs tied to Samsung Electronics and SK Hynix, amplifying both gains and market volatility.
Manufacturers use AI mainly to improve customer satisfaction and operations
Manufacturers are prioritizing customer expectations and operational efficiency over cost reduction, leveraging AI for growth, real-time insights, and sustainability advancements.
Tata Electronics kicks off ₹27,120 cr chip packaging in Assam
Tata Electronics is set to launch chip packaging operations at its upcoming OSAT facility in Jagiroad, Assam, boosting India's semiconductor manufacturing ambitions.
Tariffs over 230% halt India solar module exports to US
India's solar module exports to the US have plummeted due to steep tariffs exceeding 230%, erasing a lucrative multi-billion-dollar opportunity amid rising trade deficit concerns.
Foreign investors may shun India amid IT and banking woes
Foreign institutional investors might steer clear of Indian markets as AI disrupts IT services and banking growth slows to 10-12%, warns Emkay CIO Manish Sonthalia.
Indian Railways to spend ₹40,000 cr on 1L freight wagons
Indian Railways plans a ₹40,000-crore tender to procure 100,000 freight wagons over three to four years, aiming to boost domestic manufacturing and meet growing freight demands.
SEBI reviews SPAN model to revamp stock and derivatives margins
Sebi is evaluating changes to India’s margin framework, aiming to address modern market risks like AI-driven vulnerabilities, cybersecurity threats, and algorithmic trading.
Rupee down 11% in FY26, Sanjay Malhotra says undervalued
RBI Governor Sanjay Malhotra suggests the Indian rupee might be undervalued following its recent depreciation, as it nears the 100-per-dollar mark amid global economic pressures.
India closes FY2026 with estimated 7.6% growth despite Iran war
India's economy likely grew 7.6% in FY26, driven by robust domestic demand and services, despite the Iran war's late impact and rising crude prices, according to economists.
Deloitte, Deutsche Bank, Meesho, Scaler spot ChatGPT in virtual interviews
Indian firms like Deloitte and Deutsche Bank are deploying advanced measures to counter AI-assisted cheating in virtual job interviews.
Oil prices fall on US Iran peace deal optimism
Global oil prices dropped sharply, with Brent crude falling below $99, as hopes for a US-Iran peace deal eased concerns over prolonged supply disruptions in West Asia.
Trump says Iran peace largely negotiated, US stock futures rise
U.S. stock futures climbed while oil prices and the dollar dipped as optimism grew over a potential peace deal to end the Iran war, despite lingering uncertainties.
Uber €38 per share bid for Delivery Hero rebuffed
Uber is considering raising its takeover bid for Delivery Hero after a major shareholder rejected its €38-per-share offer, seeking a price above €40, reports Financial Times.
Brent crude falls below $100 as US and Iran negotiate
Crude oil prices dropped over 5% as reports emerged of the US and Iran nearing a potential agreement, with Brent slipping below $100 and WTI approaching $90 per barrel.
PhonePe's $1.3 billion IPO delayed, Flipkart pauses plans amid uncertainty
Indian startups are postponing IPO launches as the US-Iran conflict disrupts market stability, with investor appetite waning and listings yielding lower returns this year.
U.S.-Iran negotiations unsettle markets as Trump and President Pezeshkian spar
Oil prices dropped below $100 amid US-Iran deal uncertainty, while equities rose in thin trading. Gold and silver gained, the US Dollar weakened, and bond yields remained steady.
ED uncovers ₹2,467cr fraud at Dnyanradha cooperative in Marathwada
Dnyanradha Multistate Cooperative Credit Society lured 400,000 investors with high returns, embezzling ₹2,467 crore through fraudulent loans to entities controlled by its founder.
Gold down 0.8% at $4,508.75 after Christopher Waller signals hikes
Gold prices fell 0.8% as Federal Reserve Governor Christopher Waller warned that the Iran war’s energy shock could drive inflation, prompting traders to price in a rate hike.
TV viewing in India shifts to streaming, weekly reach drops
India's television sector faces mounting challenges as advertising demand slows and pay-TV subscribers decline, driven by audiences and marketers shifting to digital platforms.
CEOs foresee big AI layoffs within 2 years, Mercer finds
A Mercer report reveals 99% of CEOs anticipate AI-driven layoffs within two years, with early-career workers most vulnerable to automation replacing simpler tasks.
European Central Bank urges banks to speed patching amid AI
The European Central Bank is pushing lenders to accelerate IT security measures after AI models revealed critical flaws, highlighting urgent risks to the financial system.
Asia-Pacific delivery costs up 19% in 2-months: What's the reason?
The Asia Pacific region, including India, has witnessed a significant rise in delivery costs, by nearly 19%, between March and May this year.
Karnataka raises minimum wages by 60%: Check new income slabs
The Karnataka government has announced a major hike in the minimum wages, raising them by a whopping 60%.
India among countries with least increase in fuel prices: Government
India has witnessed one of the smallest increases in retail petrol and diesel prices among major economies, despite a sharp rise in global crude oil rates due to the Iran war and Strait of Hormuz disruption.
US companies chase billions in refunds from now-invalid Trump tariffs
After a landmark Supreme Court ruling, US businesses are racing to claim billions in refunds from now-invalid tariffs.
3 SME IPOs opening for subscription in India next week
In the midst of market volatility and geopolitical tensions, three new small and medium-sized enterprise (SME) initial public offerings (IPOs) are set to open for subscription next week.
US becomes 2nd largest source of FDI into India
The United States has replaced Mauritius as the second-largest source of foreign direct investment (FDI) into India, according to a report by The Times of India.
Delhi airport to phase out Terminal 2 by 2033
Delhi International Airport Limited (DIAL) plans to phase out the nearly four-decade-old Terminal 2 (T2) by 2033.
India's fuel price hike is 'smallest' among major economies
India has been able to shield its consumers from the full impact of the global oil crisis caused by the closure of the Strait of Hormuz.
UPI transaction limit might suddenly reduce: Here's how to avoid
Unified Payments Interface (UPI) has revolutionized digital transactions in India. The platform offers a seamless way to send and receive money.
First-in-months: LNG tanker leaves Strait of Hormuz for India
In a major development, an LNG (liquefied natural gas) tanker has left the Strait of Hormuz for India.
India's fuel demand growth might fall 39% in H2 2026
India's fuel demand growth is expected to slow down significantly in the second half of 2026.
IRFC eyes $2B loan in FY27 for infra projects
Indian Railway Finance Corporation (IRFC), a state-owned entity, is gearing up to raise $2 billion through external commercial borrowing (ECB).
Gold prices down by ₹450/g: Here we decode why
Gold prices in the Indian market have fallen by over ₹450 per gram.
Market cap of India's top 6 companies up by ₹74,111.57cr
The market capitalization of six out of the top 10 most valued companies in India jumped by a whopping ₹74,111.57 crore last week.
Why Wingtech has sued Dutch chipmaker Nexperia for $1.2B
China's Wingtech Technology has filed a lawsuit against chipmaker Nexperia and five other entities, seeking CNY 8 billion ($1.2 billion) in compensation for economic losses.
Government may remove 11% customs duty on raw cotton imports
The Indian government is considering the removal of an 11% customs duty on raw cotton imports.
LIC becomes India's most profitable public sector company
The Life Insurance Corporation of India (LIC) has become the most profitable public sector company in India for the March 2026 quarter.
India's exports continue to grow in May: Piyush Goyal
Commerce and Industry Minister Piyush Goyal has announced that India's exports have witnessed healthy growth in the first three weeks of May.
Fuel prices may rise further if US-Iran war persists
Bharat Petroleum Corporation Ltd.'s (BPCL) HR Director Raj Kumar Dubey has warned that another increase in fuel prices may be unavoidable if global energy disruptions continue.
Rajasthan pitches itself as semiconductor manufacturing hub
The central government and the Rajasthan state administration have pitched the state as a prime destination for electronics and semiconductor manufacturing.
Ex-Meta employee accuses company of racial bias in layoffs
A former Meta employee, Jeremy Bernier, has accused the tech giant of racial discrimination in its layoff process.
US green card applicants must leave country under new policy
The Trump administration has ordered a major change in its immigration policy, asking noncitizens who have applied for a green card to leave the US.
US unveils 'America First' visa schedule, prioritising business professionals
US Secretary of State Marco Rubio has announced a new "America First" visa schedule, prioritizing business professionals.
This VinFast-backed Uber rival will soon offer rides in India
Green SM, a Vietnamese electric mobility company backed by VinFast, is all set to enter India's ride-hailing market in mid-June.
BHAVYA scheme's operational guidelines out: How will it help industries?
The Department for Promotion of Industry and Internal Trade (DPIIT) has unveiled the operational guidelines for the Bharat Audyogik Vikas Yojna (BHAVYA).
NTPC Q4 results: Net profit up 34% YoY to ₹10,614.95cr
NTPC, a state-run power company, has reported a huge 34% jump in its consolidated net profit for the March quarter.
Google appeals antitrust ruling over alleged search and advertising monopolies
Google has appealed a 2024 antitrust ruling that accused the tech giant of illegally maintaining monopolies in online search and advertising.
India's forex spends slip 2% as education spending abroad falls
The total outward remittances under the Liberalized Remittance Scheme (LRS) have fallen by some 2% in FY26.
mAadhaar app retiring soon: How to set up new one
The Unique Identification Authority of India (UIDAI) is retiring the mAadhaar app in favor of a new Aadhaar platform.
FIIs pull out ₹30,374cr from Indian equities in May
Foreign institutional investors (FIIs) have sold Indian equities worth ₹2.22 lakh crore in 2026, continuing their net selling streak for the third consecutive month.
Gold could hit $100,000 per ounce, says Robert Kiyosaki
Robert Kiyosaki, the author of Rich Dad Poor Dad, has warned of an impending stock market crash.
Glenmark Pharmaceuticals to pay $30M in US antitrust case
Glenmark Pharmaceuticals has announced that its US subsidiary will pay $29.6 million (approximately ₹284 crore) to settle antitrust and consumer protection litigation.
LIC aims for double-digit revenue growth in FY27
The Life Insurance Corporation of India (LIC) is targeting double-digit revenue growth and margin expansion in FY27.
Piyush Goyal to visit Canada to boost trade ties
India's Minister of Commerce and Industry, Piyush Goyal, will visit Canada from May 25-27. He will be leading a delegation of some 150 Indian industry leaders.
Uber now lets you book Pune Metro tickets
Pune Metro commuters can now book QR-based metro tickets directly through the Uber app.
SEC delays plan for crypto versions of US stocks
The US Securities and Exchange Commission (SEC) has postponed its plan to allow cryptocurrency firms to trade tokenized assets linked to stocks, according to Bloomberg.
This Bain Capital-backed firm wants to raise ₹1,400cr via IPO
Bain Capital-backed Dhoot Transmission Limited has filed its updated Draft Red Herring Prospectus (UDRHP-1) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO).
India to have complete semiconductor supply chain soon: Modi
Prime Minister Narendra Modi has announced the development of a complete semiconductor supply chain in India.
IndusInd Bank now offers work-from-home option to more employees
IndusInd Bank has announced the expansion of its roster-based work-from-home (WFH) framework to more departments, following its successful adoption across select teams.
India's gross FDI inflows in FY26 hit a record $94.5B
India's gross foreign direct investment (FDI) inflows for the fiscal year 2025-26 have hit a record high of $94.53 billion, according to data from the Reserve Bank of India (RBI).
Eicher Motors' Q4 results: Profit rises 12% YoY to ₹1,520cr
Eicher Motors has reported a 12% year-on-year (YoY) rise in its consolidated net profit for the fourth quarter of FY26.
India's forex reserves fall by $8.09B to $688.894B
India's foreign exchange reserves have witnessed a major decline, falling by $8.094 billion to settle at $688.894 billion for the week ending May 15, data from the Reserve Bank of India (RBI) revealed.
Adani pays ₹6,000cr to lenders of Jaiprakash Associates
Adani Group has paid ₹6,000 crore to the lenders of Jaiprakash Associates. The payment is the first installment of a larger ₹14,535 crore resolution plan.
Why NRIs pulled out $2B from Indian banks in March
The Indian diaspora withdrew almost $2 billion from local banks in March, according to data from the Reserve Bank of India (RBI).
Indians remitted $2.59B overseas in March, says RBI
Indians had remitted $2.59 billion overseas in March 2026 under the Reserve Bank of India's (RBI) Liberalized Remittance Scheme (LRS).
Indian Oil Corporation denies reports of fuel shortage
Indian Oil Corporation (IOC), the largest oil company in India, has denied reports of a nationwide fuel shortage.
Apple takes Epic Games to court over commissions again
Apple has challenged a ruling in its ongoing legal battle with Epic Games over App Store commissions.
Anthropic poised to become the world's most valuable AI start-up
Anthropic, an artificial intelligence (AI) start-up founded in 2021 by former OpenAI employees, is on the verge of raising over $30 billion in its latest funding round.
CCI closes case against 12 Delhi hospitals after decade-long probe
The Competition Commission of India (CCI) has closed a decade-old case against 12 hospitals in Delhi, including Max Super Specialty Hospital and Fortis Escorts Institute.
Kevin Warsh sworn in as new Fed chair
Kevin Warsh has officially taken the oath of office as the new chairman of the US Federal Reserve.
Rupee at record low boosts UAE dirham remittances to India
The Indian rupee has hit a new low against the UAE dirham, prompting a surge in remittances from Indian expatriates in the Gulf region.