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Business News

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26 May 2026
TL;DR

Adani Green Energy opens largest battery outside China in Khavda

Adani Green Energy has unveiled a 3.37 GWh Battery Energy Storage System in Gujarat, the world’s largest outside China, completed in just ten months.

26 May 2026
TL;DR

Rupee falls to 95.39 per dollar, ending 3-day streak

The Indian Rupee opened at 95.39 per dollar, down 16 paise from its previous close of 95.23, amid fresh U.S. strikes in the Middle East impacting market sentiment.

26 May 2026
TL;DR

SEBI plans to cut MTF margins for F&O stocks

India’s market regulator, Sebi, is considering reducing margin requirements for margin trading facility (MTF) positions in F&O-eligible stocks to improve capital efficiency.

26 May 2026
TL;DR

VinFast appoints founder's son Pham Nhat Quan Anh as chairman

VinFast has named Pham Nhat Vuong’s son, Quan Anh, as chairman to support global expansion, while the company faces mounting losses and a lawsuit tied to its US operations.

26 May 2026
TL;DR

Oil jumps amid U.S.-Iran tensions and lingering inflation worries

Oil prices climbed over 1% amid Middle East tensions, while gold dipped as inflation concerns grew. U.S. markets saw subdued activity due to the Memorial Day holiday.

26 May 2026
TL;DR

LIC launches new Jeevan Sathi plans for couples June 2026

India's Life Insurance Corporation (LIC) has unveiled two joint life insurance products, offering guaranteed benefits and fixed returns tailored for couples under a single policy.

26 May 2026
TL;DR

NVIDIA hits $81.6B revenue, launches Vera CPU targeting $200B market

Nvidia CEO Jensen Huang unveiled the Vera CPU, targeting a $200 billion market for AI-driven agents, as competition intensifies from rivals like AWS and Google.

26 May 2026
TL;DR

Taiwan becomes world's 5th-biggest stock market at $4.95 trillion

Taiwan has surpassed India as the world's fifth-largest stock market, with a $4.95 trillion valuation driven by TSMC's AI-fueled rally, while India's value fell to $4.92 trillion.

26 May 2026
TL;DR

India and Canada target $50bn trade as CEPA talks resume

India’s Commerce Minister Piyush Goyal arrived in Ottawa with a 110-member business delegation to fast-track a free trade pact and triple bilateral trade to $50 billion by 2030.

26 May 2026
TL;DR

Kospi hits record high amid U.S.-Iran talks after Trump's remark

South Korea's Kospi index reached an all-time high on May 26, driven by investor optimism over potential progress in US-Iran peace negotiations.

26 May 2026
TL;DR

Taiwan hits $4.95 trillion and overtakes India driven by TSMC

Taiwan has surpassed India in stock market value, reaching $4.95 trillion, driven by a 49% rally in TSMC shares amid booming AI-driven demand for semiconductors.

26 May 2026
TL;DR

Indian VCs back deep tech after 1L cr RDI fund

India's venture capital ecosystem is witnessing a surge in deeptech-focused funds as firms like Kalaari Capital and Blue Ashva Capital aim to tap into the Rs 1 lakh crore RDI fund.

26 May 2026
TL;DR

SEBI proposes uniform system for setting strike prices across exchanges

Sebi has proposed a uniform framework for options strike prices across exchanges to address intraday volatility and ensure the availability of contracts near market prices.

26 May 2026
TL;DR

AI influencers boost India's influencer market to over ₹10,000cr

AI-generated personalities are set to claim 25-35% of India's nano- and micro-influencer budgets by 2027, while top human creators will command higher fees for authenticity.

26 May 2026
TL;DR

Fujikura lost $40 billion as shares fell nearly 50%

Fujikura Ltd.’s $40 billion selloff highlights growing concerns over the sustainability of AI-driven stock rallies amid production constraints and supply chain bottlenecks.

26 May 2026
TL;DR

Charity probe halts Tata Trusts review of Tata Sons seats

Tata Trusts' efforts to reassess their representation on Tata Sons board face delays due to regulatory restrictions and internal disagreements among trustees.

26 May 2026
TL;DR

EU prepares potentially largest penalty against Google for DMA breach

The European Union plans to impose a high triple-digit million euro fine on Google for breaching the Digital Markets Act, marking its largest penalty under the regulation.

26 May 2026
TL;DR

Supreme Court allows RIL, government conciliation in $2.81bn gas dispute

The Supreme Court agreed to Reliance Industries Ltd's fresh plea for bilateral conciliation with the Centre over the $2.81 billion KG Basin gas dispute.

26 May 2026
TL;DR

Canadian TSX closes at 34,830.89 on Middle East peace optimism

Canada's TSX index closed at a record 34,830.89, up 1%, driven by optimism over potential Middle East peace talks and gains in technology and materials sectors.

25 May 2026
India

Private banks to outperform PSUs in earnings growth during FY26-28

Private sector banks are likely to outperform their public sector counterparts in terms of earnings growth over the next two years, a report by Antique Stock Broking has said.

This Brookfield-backed telco wants to raise ₹6,000cr via IPO

Altius Telecom Infrastructure Trust, India's second-largest telecom tower operator and backed by Brookfield Asset Management, is gearing up for a ₹6,000 crore initial public offering (IPO).

25 May 2026
India

US-Iran war could hit Indian company profits by 200 bps

A protracted conflict in West Asia could significantly impact the profitability of Indian companies, Crisil Ratings has warned.

25 May 2026
Reserve Bank Of India (RBI)

RBI studies quantum computing risks in banking

The Reserve Bank of India (RBI) has announced the formation of an eight-member expert committee to study the potential benefits, risks, and challenges of quantum technology in banking.

25 May 2026
Reserve Bank Of India (RBI)

RBI's mobile wallet restrictions: What it means for fintechs, users

The Reserve Bank of India (RBI) has surprised the fintech industry by tightening guidelines for prepaid payment instruments (PPIs), popularly known as mobile wallets.

25 May 2026
Mumbai

Sitharaman says focus on 3 'Fs' amid West Asia crisis 

Finance Minister Nirmala Sitharaman has called for a focus on what she dubbed the three "Fs": fuel, fertilizer, and foreign exchange.

25 May 2026
iPhones

Apple India's revenue may hit ₹1.4L crore in FY26

Apple India's revenue is expected to reach ₹1.42 lakh crore in FY26, according to a Kotak Mutual Fund report.

25 May 2026
Facebook

Ex-Meta employee reveals she chose to be laid off

Julie Bone, a former Meta employee, has revealed that she voluntarily chose to be part of the tech giant's latest round of layoffs.

25 May 2026
Stanford University

Sundar Pichai addresses 'boo strategy' amid growing AI job fears

As artificial intelligence (AI) continues to evolve, it has become a hot-button issue for Silicon Valley leaders.

25 May 2026
Petrol Diesel Prices

Oil firms losing ₹600cr daily despite recent price hikes

India's state-run oil companies are facing severe financial pressure due to high global crude oil prices.

25 May 2026
Iran

Iran conflict pushes India's oil import bill to $16.3B

India's oil import bill skyrocketed by 52.3% to $16.3 billion in April, from $10.7 billion a year ago, according to data from the Petroleum Planning and Analysis Cell (PPAC).

25 May 2026
Stock Market

Is Indian stock market headed for a bull run again?

Indian equities witnessed a strong rally today, with Nifty crossing the 24,000 mark.

25 May 2026
Reserve Bank Of India (RBI)

RBI governor Sanjay Malhotra thinks rupee might be undervalued

Reserve Bank of India (RBI) Governor Sanjay Malhotra has said that the Indian rupee is not overvalued and could even be undervalued after its recent depreciation against the US dollar.

25 May 2026
Nirmala Sitharaman

Why Modi government is staring at ₹1L crore revenue hit

Finance Minister Nirmala Sitharaman has said that cutting excise duties on petrol and diesel will cost the government ₹1 lakh crore in revenue.

25 May 2026
Donald Trump

H-1B approvals plunge 40% for Indian IT firms

India's top six IT companies—Tata Consultancy Services (TCS), Infosys, Wipro, HCL Technologies, Tech Mahindra and Cognizant—have seen a massive drop in their H-1B visa approvals.

25 May 2026
NVIDIA

NVIDIA's Jensen Huang says blaming AI for layoffs is 'lazy'

NVIDIA CEO Jensen Huang has slammed business leaders for blaming artificial intelligence (AI) for job losses.

India's data center market to hit $46B by 2033: KPMG

India's data center industry is set to witness unprecedented growth, with revenue projected to reach nearly $46 billion by 2033, as per KPMG.

SEBI may let employees invest in SIPs through salary deductions

The Securities and Exchange Board of India (SEBI) has proposed a new initiative to allow employees to invest in mutual funds through payroll deductions.

25 May 2026
Electric Vehicles

Why aluminum prices are hitting record highs

Aluminum prices are hitting multi-year highs, with the London Metal Exchange (LME) trading at over $3,600 per ton and the Multi-Commodity Exchange (MCX) hovering around ₹390/kg.

25 May 2026
ChatGPT

SoftBank shares soar to record high on OpenAI IPO speculation

SoftBank Group Corp.'s shares have surged to a new all-time high, driven by expectations of hefty returns from its investments in OpenAI and SB Energy Corp.

25 May 2026
India

India turns net importer of finished steel

India has become a net importer of finished steel, as per provisional government data.

LIC stock surges as 1:1 bonus issue record date nears

Life Insurance Corporation of India (LIC) shares have witnessed a significant surge, rising as much as 4% to hit an intraday high of ₹813 on the BSE today.

25 May 2026
Stock Market

Melody effect: Wrong 'Parle' share hits upper circuit again today

Shares of Parle Industries, a Mumbai-based infrastructure and real estate firm, have hit the 5% upper circuit for the fourth consecutive session today.

25 May 2026
Vodafone Idea

Vodafone Idea shares hit record high: What's the reason?

Vodafone Idea's shares have hit a record high, extending their winning streak for the fifth consecutive session.

25 May 2026
Akasa Air

How India's youngest airline is threatening IndiGo-Air India duopoly

Akasa Air, India's newest airline, has expanded its operations by a whopping 13.2% in March-April.

25 May 2026
Reserve Bank Of India (RBI)

Indian rupee rises to 2-week high on US-Iran deal optimism

The Indian rupee has made a strong comeback, opening at 95.34 against the US dollar on Monday.

25 May 2026
Japan

Toshifumi Suzuki, man behind 7-Eleven's global rise, dies at 93

Toshifumi Suzuki, the visionary behind the global success of 7-Eleven and former CEO of Seven & i Holdings Co., has passed away at the age of 93.

25 May 2026
Donald Trump

Sensex jumps 900 points: What's behind today's rally?

The Indian stock market opened on a strong note today, with the benchmark indices Sensex and Nifty witnessing significant gains.

25 May 2026
US Dollars

Gold, silver prices soar 4% on US-Iran peace talks

Gold and silver prices have seen a spike today, driven by a weaker US dollar and declining oil prices.

25 May 2026
State Bank of India (SBI)

SBI strike postponed, branches to remain open on May 25-26

The All India State Bank of India Staff Federation (AISBISF) has postponed its planned two-day strike on May 25 and 26.

25 May 2026
Donald Trump

Oil prices slide below $100 on potential US-Iran peace deal

Oil prices have taken a major hit today, falling over 5% amid speculation of a potential deal to end the ongoing war between the United States and Iran.

25 May 2026
Delhi

Fuel prices hiked by ₹2.7, fourth increase in 10 days

India's Oil Marketing Companies (OMCs) have increased the prices of petrol and diesel for the fourth time in 10 days.

24 May 2026
India

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.

24 May 2026
Karnataka

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%.

24 May 2026
Delhi

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.

24 May 2026
Amazon

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.

24 May 2026
United States of America

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.

24 May 2026
India

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.

24 May 2026
Iran

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.