Economy News

Bengaluru emerges as India's top GCC leadership hub with over 15,000 active leaders

Bengaluru has emerged as India's top Global Capability Centre (GCC) leadership hub with over 15,000 active leaders, according to a Xpheno Research report. The city shows strong leadership density, high retention, and positive talent movement, making it a preferred destination for global enterprises.

Apr 29, 2026

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

Rupee weakens to 94.81 against dollar as crude oil stays above $111

rupee weakened by 13 paise to 94.81 against the US dollar, pressured by rising global crude oil prices above 111 dollars per barrel and ongoing US-Iran tensions. Month-end dollar demand and safe-haven buying further weighed on the local currency. The dollar index rose marginally to 98.67.

Apr 29, 2026

AI Needs Energy: Adani Commits $100 Billion as Google Joins with $15 Billion Investment

Jeet Adani announced that the Adani Group will invest $100 billion to build large-scale infrastructure to support India's AI growth, emphasising that affordable and scalable AI depends on strong energy and digital systems.

Apr 29, 2026

UAE exits OPEC and OPEC+ from May 1, amid strategic energy realignment plans

United Arab Emirates announced it will leave OPEC effective May 1, state-run WAM reported. The decision reflects its long-term strategic and economic vision, evolving energy profile and accelerated domestic energy investment, and commitment to a responsible global energy role.

Apr 28, 2026

Adani Total Gas stock surges over 7.5% after posting 9% increase in Q4 profit

While the market indices remained muted on Tuesday, the stock of Adani Total Gas surged over 7.5 percent on the bourses, a day after reporting strong financials in the fourth quarter of the last financial year.

Apr 28, 2026

Goldman Sachs raises crude oil forecast up to $90 as Hormuz closure tightens supply

The closure has sharply reduced global oil supply, leading to record inventory drawdowns and an estimated multi-million barrel per day supply loss. The market is now facing a significant oil deficit and pushing Brent prices above $100 in recent trading, with WTI also surging.

Apr 27, 2026

India's combined tax-to-GDP ratio has risen to 19.6 per cent, reflecting improved tax compliance and stronger participation by states, according to a Bank of Baroda report. While central tax revenue remains lower, ongoing reforms focused on simplificatio

India's economic reset: An imperative as numbers begin to speak

India's strong growth hides structural issues like weak job creation and low productivity. With growth turning capital-intensive, reforms and investment in jobs and human capital are crucial for sustainable progress.

Apr 27, 2026

Rupee strengthens 28 paise to 92.86 on geopolitical easing, FIIs infuse equities worth ₹382 crore

Rupee falls to 93.75 against dollar amid oil surge, West Asia tensions

The Indian rupee fell 31 paise to 93.75 against the US dollar on Wednesday, marking its third consecutive session of losses. This decline is driven by rising crude prices following President Trump's military threats against Iran and sustained foreign capital outflows.

Apr 22, 2026

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

Crude oil prices near $100 again as Strait of Hormuz remains constrained

Global crude oil prices climbed close to $100 per barrel as geopolitical tensions persisted following Donald Trump's decision to extend the US-Iran ceasefire. The Strait of Hormuz remained constrained due to an ongoing naval blockade, limiting shipping activity and raising concerns over global energy supply.

Apr 22, 2026

Sensex, Nifty open on weak note amid US-Iran ceasefire extension

Sensex declined as much as 0.62 per cent, or about 500 points, to 78,779, while Nifty traded at 24,434, down 142.2 points or 0.57 per cent, amid selling pressure in IT, banking, pharma and healthcare stocks such as Max Healthcare, ICICI Bank, Axis Bank, HCL Tech and Apollo Hospitals.

Apr 22, 2026

RBI tightens e-mandate rules, makes extra authentication mandatory for recurring payments above Rs 15,000

The rules apply across all digital payment modes including cards, UPI, and prepaid instruments, covering both domestic and international transactions. High-value recurring payments such as insurance premiums, mutual fund subscriptions, and credit card bills above ₹1 lakh will also require enhanced authentication.

Apr 21, 2026

Sensex, Nifty extend rally for 3rd day on hopes of US-Iran ceasefire extension

Indian equity markets extended their rally for a third straight session on Tuesday, driven by optimism over a potential extension of the US-Iran ceasefire and easing geopolitical tensions in West Asia. The Sensex rose 753.03 points to close at 79,273.33, while the Nifty gained 211.75 points to end at 24,576.60.

Apr 21, 2026

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

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Economy News

Bengaluru emerges as India's top GCC leadership hub with over 15,000 active leaders

Rupee weakens to 94.81 against dollar as crude oil stays above $111

AI Needs Energy: Adani Commits $100 Billion as Google Joins with $15 Billion Investment

UAE exits OPEC and OPEC+ from May 1, amid strategic energy realignment plans

Adani Total Gas stock surges over 7.5% after posting 9% increase in Q4 profit

Goldman Sachs raises crude oil forecast up to $90 as Hormuz closure tightens supply

India's economic reset: An imperative as numbers begin to speak

Rupee falls to 93.75 against dollar amid oil surge, West Asia tensions

Crude oil prices near $100 again as Strait of Hormuz remains constrained

Sensex, Nifty open on weak note amid US-Iran ceasefire extension

RBI tightens e-mandate rules, makes extra authentication mandatory for recurring payments above Rs 15,000

Sensex, Nifty extend rally for 3rd day on hopes of US-Iran ceasefire extension

Gold, silver slip up to 1% amid global uncertainty, geopolitical jitters

Rupee slips to 93.32 as RBI eases speculation norms amid global tensions

RBI in 'wait and watch' mode amid West Asia crisis: Governor Sanjay Malhotra

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]

Is exhibiting cleavage mandatory? Malaika Arora opts for low neck sleeveless outfit at event in Vrindavan, leaves netizens furious

'She is cruel…': Ankita Lokhande CRIES after fight with Mannara, tells Vicky she wants to go home; fans react