The latest revision follows a steep ₹3 per litre hike last Friday, as oil companies pass on higher costs triggered by global supply shocks and the West Asia crisis. The resulting inflationary pressure is likely to weigh on economic growth estimates, experts warned. India’s oil marketing companies (OMCs) increased fuel prices for the second time…
Vodafone Idea expects to close talks with an SBI-led consortium soon after promoter equity infusion and AGR relief improved its financial position Vodafone Idea’s top management is confident of closing the ongoing talks with a consortium of banks led by the State Bank of India (SBI) following the decision by promoters to infuse equity…
Reliance Jio is reworking its much-awaited IPO into a fully fresh issue of shares, dropping the earlier plan where global investors would have partially sold their stakes. Reliance Jio IPO: The much-awaited initial public offering of Reliance Jio, the telecom and digital arm of Reliance Industries Limited, is likely to comprise entirely fresh equity issuance.…
Industry players said the government may have adopted a precautionary approach due to climatic uncertainties, with some hinting at wrong production estimates The government on Wednesday banned sugar exports with immediate effect till September 30, 2026, as stock concerns began to outweigh earlier expectations of a comfortable sugar season. In a notification dated…
Bharti Airtel reported steady Q4 revenue growth on subscriber gains and higher data usage, but profit declined on a high base Bharti Airtel Ltd on Wednesday reported a steady revenue growth in the January-March quarter (Q4FY26) driven by subscriber additions, higher data consumption and continued expansion in the home broadband segment. The company’s net profit,…
Inflation in the United States surged to 3.8 per cent in April, marking the highest level in roughly three years, as the Iran war causes a ripple effect across the US economy, data released on Tuesday showed. Inflation in the United States surged to 3.8 per cent in April, marking the highest level in roughly…
India has 60 days of crude oil and natural gas supply, as confirmed by the government. Defence Minister Singh urged citizens to remain calm and assured that measures are being taken to prevent shortages amid global disruptions. India has 60 days of crude oil, natural gas, the central government said on Monday as Defence…
BSE Capital Goods index hit a new high of 79,887.59, up nearly 2% in Thursday’s intra-day deal. The index has surged 17% in the past two months. The BSE Capital Goods index today hit a new high of 79,887.59, surging nearly 2 per cent in Thursday’s intra-day deal after a strong buying in power,…
The Nifty 50 is expected to trade in the 24,000-24,500 range in the near term. Decisive break of either of these levels could give a firm direction to the index. Nifty outlook for April 30 The Nifty 50 rebounded after a day of profit booking and rallied sharply towards 24,350 to fill the bearish gap…
Firms such as Reliance Industries, Axis Bank, UltraTech Cement, Coal India, Hindustan Zinc, and Varun Beverages are among the major names announcing dividends Dividend announcements have picked up pace across corporate India as companies roll out payouts alongside their results for the January-March quarter of fiscal 2026 (Q4FY26) and annual results. From energy and…