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India to invest ₹9tn upgrading grid, adding 470 GW renewables
India's power transmission sector is poised for a Rs 9 trillion upgrade by 2032, driven by a massive renewable energy expansion and growing electricity demand.
India's April 2026 oil import bill climbs to $16.3 billion
India’s oil import bill soared to $16.3 billion in April, up 52.3% year-on-year, driven by crude prices exceeding $100 per barrel amid the Iran war and supply disruptions.
KPMG projects India data center market near $46B by 2033
India's data centre market, projected to hit $46 billion by 2033, is witnessing rapid growth driven by AI workloads, cloud adoption, and data localisation laws, says KPMG.
Five listed Indian REITs shared over 8,900cr with 4.25L investors
India's five listed REITs distributed over ₹8,900 crore to unitholders in FY26, reflecting a 50% year-on-year growth and showcasing strong investor confidence in the sector.
ICAI's Charanjot Singh Nanda says AI will aid chartered accountants
Charanjot Singh Nanda emphasized at LearnNXT Conclave 2026 that AI will enhance the chartered accountancy profession by complementing human judgment and analytical skills.
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.
Remsons Industries posts fivefold net profit to ₹5cr, revenue ₹130cr
Remsons Industries reported a fivefold increase in Q4 net profit to ₹5 crore, driven by robust demand, with revenue rising to ₹130 crore from ₹106 crore last year.
Eighth Pay Commission meets unions, experts expect implementation late 2027
The 8th Pay Commission is consulting stakeholders on salary, pension, and allowance revisions, with implementation expected by late 2027 and arrears likely from January 1, 2026.
RBI caps mobile wallet balances at ₹2L to curb gambling
The Reserve Bank of India tightened mobile wallet norms to curb misuse in illegal activities, sparking industry concerns over operational challenges and profitability.
India becomes net importer of finished steel in April 2026
India became a net importer of finished steel in April, with imports rising 30.8% year-on-year to 0.7 million metric tons, while exports increased by 24.9%.
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.
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.
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.
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.
Economic Times, Cashfree Payments launch awards for digital customer loyalty
The One Of A Kind Startup Awards 2026 celebrates startups excelling in customer experience, offering winners national recognition and ecosystem growth benefits.
Brookfield backed Altius Telecom plans ₹6,000cr IPO to reduce debt
Brookfield-backed Altius Telecom Infrastructure Trust, India’s second-largest telecom tower operator, plans to file its DRHP soon to raise Rs 6,000 crore and reduce debt.
Finance Minister Sitharaman says PM Modi urges conserving foreign exchange
Finance Minister Nirmala Sitharaman highlighted that PM Modi's call to conserve foreign exchange stems from high crude prices, fluctuating fertilizer rates, and rising gold costs.
Parle Industries surges over 21% after PM Modi toffee gift
Shares of Parle Industries surged 21%, hitting the 5% upper circuit for four days, as investors seemingly mistook it for FMCG giant Parle Products.
IRFC signs ₹13,527cr loan with L&T to refinance Hyderabad Metro
Indian Railway Finance Corp Ltd (IRFC) has signed a ₹13,527 crore refinancing agreement for Hyderabad Metro Rail, marking its entry into urban transit financing.
SEBI proposes voluntary employer salary deductions for mutual fund SIPs
SEBI has proposed allowing employers to deduct SIP investments directly from employees' salaries, aiming to simplify mutual fund contributions and enhance investment discipline.
Bitcoin rebounds to $77,298 after Donald Trump says U.S.-Iran deal
Bitcoin stabilised near $77,000 following a volatile three-week correction, as easing U.S.-Iran tensions boosted market sentiment and supported a rebound from recent lows.
JM Financial launches SCF II credit AIF at 1000 cr
JM Financial Asset Management launched its second credit-focused AIF, JM Financial Select Credit Fund II, with a ₹1,000 crore base corpus and ₹1,000 crore greenshoe option.
Aluminum prices surge as environmental rules and power costs bite
Aluminium prices have surged to multi-year highs, driven by structural supply tightness from stricter environmental rules, high energy costs, and low global inventories.
Foreign outflows from Indian markets slow to $702 million in May
Foreign outflows from India are easing after months of heavy selling, while South Korea, Taiwan, and Brazil now face rising redemption pressures as AI and commodity trades cool.
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.
Akasa Air boosts capacity 13.2% while Indian peers cut operations
Akasa Air expanded capacity by 13.2% in recent months, emerging as a competitor to IndiGo and Air India, despite disruptions from the Iran war.
Vodafone Idea shares rally over 100% after government AGR cut
Vodafone Idea shares surged 2% to a new 52-week high, delivering over 100% returns in one year amid strong financial performance and bullish market sentiment.
HFCL shares jump 140% since March 30 to ₹158.94
HFCL shares have surged 140% since March 30, driven by robust quarterly results, improved profitability, and ambitious growth targets outlined for FY29.
Sterlite Technologies shares rise after $1.11bn AI data center deal
Sterlite Technologies shares jumped nearly 5% after its subsidiary secured a $1.11 billion multi-year optical connectivity supply deal for AI-ready data centres in the US.
AI pushes major consultancies such as McKinsey to rethink pricing
AI is pushing consulting giants like McKinsey to adopt outcome-based pricing, as clients demand fees tied to measurable results rather than traditional hourly billing.
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.
Eicher Motors shares rise 5.5% to ₹7,362 after March quarter
Eicher Motors shares rose 6% after strong March quarter results, with analysts projecting the stock to test ₹9,000 levels, driven by robust demand and capacity expansion plans.
Economists forecast inflation could hit 4.9% above RBI comfort zone
Economists project consumer price inflation to surge to 4.9% in FY27, driven by higher crude prices, food inflation risks, and geopolitical tensions impacting the Indian economy.
Anthropic's Mythos and OpenAI's GPT-5.4-Cyber drive hiring and vulnerability concerns
As AI advances, demand for cybersecurity experts has surged, driven by fears of vulnerabilities and the need to safeguard corporate infrastructure from emerging threats.
Julie Bone takes layoff from Meta after 6 years
Julie Bone, a content designer at Meta, voluntarily opted for layoffs after six years, citing misaligned ambitions with the company and hoping to save a spot for someone else.
Applied Materials: India needs serious power grid upgrade for AI
Applied Materials highlights India's need to modernise its power grid, linking reliable, clean energy with advancing AI ambitions and semiconductor infrastructure development.
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.
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.
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.
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.
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.
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.
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.
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.