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India's Fertiliser-Subsidy Bill May Rise By Rs 10,000-15,000 Crore Monthly Amid West Asia Crisis
Rising global fertiliser prices linked to the West Asia crisis push up India’s subsidy burden, even as the government keeps retail rates unchanged for farmers.
Sunil Bharti Mittal says now is the time to ‘double down’ on investing in India: 'Cut obsession with gold imports'
Amid soaring global crude oil prices and an energy crisis fuelled by the ongoing US-Iran conflict, Sunil Bharti Mittal, also advocated the use of renewable energy.
Premco Global reports consolidated net loss of Rs 1.05 crore in the March 2026 quarter
Sales decline 24.45% to Rs 21.41 crore
Explained: What is keeping gold and silver prices range-bound
Gold prices ease as silver extends gains, with US-Iran tensions, stronger dollar and upcoming global data keeping bullion traders cautious.
As India grows richer, banks will have to adjust to thinner margins: Indian Bank CEO
Indian Bank's chief Binod Kumar expects interest rates to rise and net interest margins to fall as India develops. He plans to raise capital for Expected Credit Loss norms and launch a wealth management business. The bank aims for strong growth in retail and MSME loans. Consolidation could help Indian banks achieve global scale.
Petrol, Diesel Price Today May 9: Check Delhi, Mumbai, Gurugram rates as reports of a hike next week emerge
Petrol Diesel Price Today in India: Domestic petrol and diesel prices remained stable across most major Indian cities on Saturday, despite firm global crude oil markets driven by geopolitical tensions. India's oil marketing companies and the government have absorbed rising costs for over two months to prevent retail price hikes, though this arrangement is under strain.
LBSIM earns AACSB accreditation - Joins the 6% of elite business schools globally
Lal Bahadur Shastri Institute of Management (LBSIM), New Delhi, has achieved prestigious AACSB accreditation, a global benchmark for business education excellence. This rigorous, multi-year review process signifies LBSIM's commitment to academic quality, learner success, and societal impact, placing it among the top 6% of business schools worldwide.
Retail stake cut in 284 BSE 500 companies in Q4
Retail investors showed caution, reducing their stock holdings in most companies during the March quarter. This move coincided with market declines due to global uncertainties. Meanwhile, foreign investors and domestic funds increased their stakes in various companies. Promoters also raised their shareholding, taking advantage of lower stock prices. FPI stake in Indian companies continued to fall.
Textile industry seeks removal of cotton import duty
India's textile sector faces challenges from high cotton prices and declining production. The industry is urging the government to cut import duties and create a strategic cotton reserve. Improved credit access is also crucial for mills. These measures aim to boost competitiveness and sustain operations against global rivals.
INR settles higher as oil prices and DXY retreat from elevated levels
The Indian rupee pared initial losses and settled for the day on a positive note, higher by 23 paise at 94.26 (provisional) against the greenback on Thursday, as Brent crude and the US dollar index retreated from their elevated levels. The dollar index continues to linger under 98 mark for the second consecutive day as safe haven demand wanes amid improving prospects of a near term peace deal between US and Iran. Meanwhile, brent oil prices have fallen below USD 100 per barrel on a rise in investor risk appetite in global markets on hopes of peace between the US and Iran. However, factors such as unabated foreign capital outflows and safe-haven dollar demand from importers capped sharp gains for the rupee. Indian benchmark indices ended flat, with the Sensex falling 114 points to settle at 77,844.52 and the Nifty50 dipping 4.30 points to close at 24,326.65.
Rupee opens 13 paise lower at 94.74 against the US dollar
The rupee opened lower at 94.74 against the US dollar, following a prior gain. Falling crude oil prices and geopolitical optimism initially supported the rupee, but concerns emerged after comments from Trump about US-Iran talks. India's economic indicators remain positive despite global uncertainty.
Taiwan’s $286 billion pension fund trims its US dollar exposure as volatility rises
Taiwan Bureau of Labour Funds trims US dollar asset exposure amid global de-dollarization concerns, while still seeing dollar strength, and pushes managers to deepen presence in Taiwan