Africa

Adani Group market cap nears Rs 20 lakh crore as conglomerate adds Rs 5 lakh crore in 2026

Adani Power emerged as the biggest contributor, adding over Rs 2 lakh crore in market value and becoming the group's most valued company with a market cap of Rs 4.79 lakh crore. Adani Ports and Special Economic Zone and Adani Enterprises also recorded strong gains.

16 days ago

NSE restricts Yes Securities for 3 months, imposes Rs 1 lakh penalty

According to the NSE's disciplinary order, the brokerage failed to maintain the required upfront margins in several cases and later passed on penalties imposed by the clearing corporation to clients, which violated exchange regulations

17 days ago

West Asia crisis: FM Sitharaman urges focus on Fuel, Fertiliser, Forex; hits out at critics for peddling pessimism

Union Finance Minister Nirmala Sitharaman criticised naysayers for spreading fear and called for giving confidence to people. She also highlighted the Rs 8.1 lakh crore MSME payment delay issue.

18 days ago

Rupee Strengthens to 95.20 Against Dollar Amid US-Iran Peace Hopes; Panagariya Says 'Don't Panic' Over Rs 100 Mark

RBI Governor Sanjay Malhotra said the rupee is likely to appreciate once tensions in West Asia ease. The rupee has weakened due to external shocks, but remains fundamentally stable in both nominal and real effective exchange rate (REER) terms.

18 days ago

Trump rejects Iran's response to new US proposal

Trump says Iran peace deal 'largely negotiated' as talks focus on Strait of Hormuz ceasefire

Donald Trump said a peace deal with Iran is "largely negotiated" as diplomatic efforts intensify to end the ongoing conflict. Talks are currently focused on reopening the Strait of Hormuz, easing oil export restrictions and securing a broader ceasefire framework. P

19 days ago

LIC emerges as highest profit-making financial firm in Q4

LIC of India posted India's highest Q4 FY26 profit in the financial sector at Rs 23,420 crore, beating State Bank of India and HDFC Bank in quarterly earnings. LIC shares rose nearly 5% after the results, while its AUM climbed to Rs 57.29 lakh crore.

19 days ago

SBI advises customers to use digital banking channels ahead of 2-day staff strike

State Bank of India has advised customers to use digital banking services ahead of a two-day strike by the All India State Bank of India Staff Federation (AISBISF) on May 25 and 26, 2026. While SBI said essential branch services will continue, some disruptions may occur.

20 days ago

RBI Signals Focus on Inflation Over Rupee as India's Economy Stays Resilient Amid West Asia Crisis

While inflation rose to 3.5 per cent due to food prices, it remained within the RBI's tolerance band. Instead, policymakers are expected to prioritise inflation management and economic growth while using alternative tools such as dollar sales and liquidity measures to stabilise the rupee.

21 days ago

Adani Group Gets Backing From Indian-American Leaders as Bernstein Turns Bullish on Group Stocks

Indian-American business leaders have welcomed the closure of the US case involving the Adani Group, arguing that there was no concrete evidence of bribery and that the matter fell outside US jurisdiction.

21 days ago

Swiggy's losses nearly double in Q1 to Rs 1,197 crore

Swiggy fails to secure shareholder approval to amend AoA for Indian‑owned status

Swiggy failed to secure the required shareholder approval to amend its Articles of Association in a bid to qualify as IOCC under FEMA regulations. The proposal received 72.36 per cent of votes, falling short of the required threshold.

21 days ago

Adani Ports to acquire Jaypee Fertilizers for Rs 1,500 crore under JAL resolution

Adani Power will acquire a 24 per cent stake in Jaiprakash Power Ventures along with the 180 MW Churk thermal power plant in Uttar Pradesh.

22 days ago

'Melodi' reunion in Italy: PM Modi gifts Italy PM Giorgia Meloni Melody chocolate, clicks selfie; viral Rome pictures break the internet

Parle Industries shares hit 5% upper circuit after PM Modi's 'Melody' gift to Meloni

Shares of Parle Industries surged on Tuesday after Prime Minister Narendra Modi gifted Melody toffees to Italian PM Giorgia Meloni during his visit to Italy. Stock rose 5% intraday to Rs 5.25 and gained nearly 7% in a week. However, the catch is that Parle Industries does not make Melody toffees.

23 days ago

Rupee Slips 11 Paise To 94.27 Against Dollar On US Currency Demand & Rising Oil Prices

Rupee hits record low of 96.90 amid strong dollar, US-Iran tensions; oil prices ease after Trump's Iran deal hint

The Indian rupee fell to a record low of 96.90 against the US dollar amid a stronger dollar, elevated crude oil prices, FII outflows, and rising geopolitical tensions between the US and Iran. Meanwhile, global crude oil prices eased nearly 1 per cent.

23 days ago

India stays world's fastest-growing economy recording 6.4 pc rise despite Iran war fallout

India is projected to remain the world's fastest-growing major economy with a GDP growth rate of 6.4 per cent this year despite global uncertainties and the economic fallout from the Iran war, according to a UN report.

23 days ago

India's 4 pc fuel price hike lowest among major economies

Indian oil companies continue to incur losses of around Rs 750 crore daily due to elevated crude prices. Officials stated that India remained an exception by keeping fuel prices largely unchanged since February 23, 2026, absorbing most of the global crude price shock.

24 days ago

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