Business news

Sensex jumps 833 points, Nifty up 1.03% amid soft oil, de-escalation hopes, poll trends

Sensex surged as much as 833 points or 1.08 per cent to hit an intraday high of 77,746.79 in early deals, while Nifty touched 24,245.85, up 250 points or 1.03 per cent.

May 4, 2026

TDS, TCS to annual filings: Major tax deadlines lined up in May

Key dates include May 7 for depositing TDS/TCS for April and filing declarations under the Income-tax Act, May 15 for issuing TDS certificates and submitting Form 24G, and May 30–31 for multiple filings such as TCS certificates, annual statements, and quarterly TDS returns.

May 3, 2026

Weak global cues, oil price, FII data likely to drive D-Street next week

Indian markets are expected to stay cautious next week due to weak global signals, rising crude oil prices, and continued foreign fund outflows. Benchmark indices Nifty 50 and BSE Sensex ended lower in the last session, dragged by oil-sensitive stocks as crude prices remained above $100 per barrel.

May 3, 2026

Gold and silver prices hit record high this week amid global uncertainty

Gold dips 0.81 pc this week over waning hopes of Fed rate cuts

Gold prices declined 0.81% this week as fading hopes of US Federal Reserve rate cuts and stalled US–Iran negotiations weighed on sentiment. Higher US inflation and rising energy costs signalled that interest rates may remain elevated, putting pressure on non-yielding assets like gold.

May 2, 2026

Jet fuel prices rise over 5%, Indian airlines remain shielded

Aviation turbine fuel prices have been hiked by over 5 percent for international airlines on Friday. This is the second consecutive month that jet fuel prices have seen an increase amid the energy crisis due to the West Asia conflict

May 1, 2026

Crude oil prices jump up to 4 pc on Hormuz tensions, ceasefire doubts

Global crude prices rise 0.73 pc as US-Iran talks stall

Oil prices have surged in recent months, with Brent previously crossing $120 and even hitting $126.41, its highest since 2022, intensifying global inflation fears. Central banks in the UK and Europe, along with the US Federal Reserve led by Jerome Powell, have flagged rising oil prices as a key risk to economic stability.

May 1, 2026

Nifty, Sensex dip nearly 0.75 pc this week amid geopolitical tensions

Indian equity markets ended the week lower, with both the Nifty 50 and BSE Sensex slipping around 0.75% amid persistent FII selling and a sharp rise in crude oil prices. Nifty closed at 23,997, while Sensex settled at 76,913.

May 1, 2026

India Posts Payment Banks launches zero-balance SHG savings account with Rs 2 lakh limit

Account offers zero minimum balance, no monthly average balance requirement, free cash transactions, and quarterly interest payouts. It is digitally enabled and supported through India Post's vast network of post offices and postal workers, enabling doorstep banking services.

Apr 30, 2026

Adani Ports' net profit rises 16 pc in FY26, revenue surges 25 pc

Adani Ports and Special Economic Zone Limited reported a strong FY26 performance, with net profit rising 16% YoY to ₹12,782 crore and revenue surging 25% to ₹38,736 crore, driven by record cargo volumes and growth across logistics and marine segments.

Apr 30, 2026

Gold holds steady amid easing US-Iran tensions; silver gains on MCX

Gold, silver rise up to 2 pc amid crude oil surge, West Asia tensions

Gold and silver prices rose on the Multi Commodity Exchange amid a surge in crude oil prices and escalating tensions between the United States and Iran. Safe-haven demand pushed gold up over 1% during the session, while silver gained up to 2%.

Apr 30, 2026

Sensex, Nifty end lower amid rising crude oil prices

The Nifty fell 0.74% to close at 23,997.55, while the Sensex declined 0.75% to 76,913.50. Weak global sentiment due to concerns over supply disruptions at the Strait of Hormuz weighed on markets.

Apr 30, 2026

Sensex, Nifty fall nearly 1 pc as oil surge weighs on sentiment

Sensex dropped about 700 points to 76,759.37, while Nifty slipped over 200 points to 23,943.45. The decline was broad-based, led by auto, banking, metal, FMCG, and realty stocks. Heavyweights like HDFC Bank, ICICI Bank, Tata Motors PV, Axis Bank, and M&M were among the top losers.

Apr 30, 2026