Mumbai (Maharashtra) | May 4, 2026 12:23:20 PM IST
Following the recent AGR (Adjusted Gross Revenue) relief, Citi Research, in its report, has presented a more positive outlook on Vodafone Idea, noting that the resolution of the long-running dues issue significantly improves the company's financial positi ... read..
US gaming retailer company GameStop Corp. has submitted a non-binding proposal to acquire 100 per cent of ebay Inc. at USD 125.00 per share in a mix of cash and stock, according to an official statement released by the company. ... read..
The National Company Law Appellate Tribunal (NCLAT) has dismissed a plea filed by Vedanta in connection with the ongoing insolvency proceedings of Jaiprakash Associates Limited (JAL), bringing closure to a prolonged legal contest over the resolution proce ... read..
India's manufacturing PMI rose to 54.7 in April, up from 53.9 in March, but still marking the second-slowest improvement in operating conditions in nearly four years. According to HSBC India Manufacturing PMI, while new business intakes and production saw ... read..
Mumbai (Maharashtra) | May 4, 2026 10:24:03 AM IST
The domestic stock markets began the month of May on a positive note, with both benchmark indices opening in the green as investors tracked state election results and global developments. ... read..
Despite rapid growth in recent years, online food delivery in India still accounts for only about 11 per cent of the total food services market, indicating significant room for further expansion, according to a report by Investec Equities. ... read..
A supply deficit of around 4.8 million barrels per day (mbpd) in the global oil market is expected to be absorbed through demand destruction amid ongoing disruptions in West Asia, according to a report by PL Capital. ... read..
The government on Sunday said it delivered around 47 lakh domestic LPG cylinders in a single day and conducted over 1,900 raids across the country, as it intensified monitoring and enforcement to maintain fuel supply stability amid the evolving West Asia ... read..
The government on Sunday dismissed reports claiming that the Aadhaar card will undergo a design change this year, calling such claims incorrect and misleading. ... read..
The Public Relations Society, Delhi, on Sunday announced that its new Governing Board for the 2026-2028 term has been elected unopposed, with veteran communication strategist GS Bawa taking charge as Chairman. ... read..
In a move that cements India's transition into a high-tier global space power, the successful launch of Mission Drishti on Sunday has signalled the arrival of a new, hybrid space ecosystem where private innovation meets national strategic goals. ... read..
Seven OPEC+ countries have decided to increase their oil production cap by 188,000 barrels per day in June, in response to the withdrawal of the United Arab Emirates from the bloc, OPEC said in a statement on Sunday. ... read..
Companies that effectively integrate multiple technologies rather than relying on standalone innovation are emerging as the biggest winners in today's evolving industrial landscape, according to a latest World Economic Forum (WEF) report. ... read..
Artificial intelligence (AI) is increasingly reshaping the growth and margin outlook for India's IT services sector, with firms facing rising pricing pressure even as new demand opportunities emerge, according to a recent sector report by Kotak Institutio ... read..
Indian space-tech startup GalaxEye on Sunday announced the launch of Drishti- a made-in-India satellite that combines radar and optical sensors in real time to provide high- resolution images of the same place at the same time, irrespective of weather con ... read..
Foreign portfolio investors (FPIs) continued to pull out money from Indian equity markets in April, selling shares worth Rs 60,847 crore, marking the second consecutive month of heavy outflows, according to data from National Securities Depository Limited ... read..
Mobile money transactions globally crossed the USD 2 trillion mark in 2025, signalling a rapid expansion of digital financial services and a shift towards deeper usage beyond basic payments, according to the GSMA's State of the Industry Report on Mobile M ... read..
The Central Government has notified key amendments to the Foreign Exchange Management (Non-debt Instruments) Rules, 2019, significantly liberalising foreign investment norms in the insurance sector. The changes were issued through a Gazette notification d ... read..
Central Asia's venture capital ecosystem reached a record USD 320 million in funding in 2025, but sustaining growth will require closing a USD 0.5 to 1.1 billion annual capital gap and expanding the pipeline of investable startups, according to RISE Resea ... read..
India's services exports have emerged as a key pillar of external sector resilience, according to the Finance Ministry's April Monthly Economic Review, with robust growth helping cushion widening merchandise trade pressures. ... read..
Global equity markets may find support from resilient corporate earnings even as concerns around stagflation continue to weigh on investor sentiment, according to a recent report by JP Morgan. ... read..
Central banks globally are reassessing their policy trajectories after the Iran war pushed energy prices higher, with Investment management firm, Robeco, warning that the "crude disruption" is forcing some to postpone easing while others weigh hikes they ... read..
By Nikhil DedhaNew Delhi | May 3, 2026 10:53:17 AM IST
If the crude oil prices stay elevated, losses will become harder to absorb as Indian aviation is more sensitive, stated Sparta Commodities Senior Oil Analyst Abhishek Kumar. ... read..
