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Oil Sinks To Six-Week Low As Traders Bet On Possible US-Iran Truce
Brent for July settlement, which expired on Friday, fell 1.8% to settle at $92.05 a barrel.
India must fast-track chip self-reliance as import bill and security risks mount, says NITI Aayog
India must speed up its domestic chip manufacturing efforts. Self-reliance in semiconductors is crucial for the nation's economy and security. Global supply chains are shifting, creating a limited opportunity for India to become a key player. Developing this sector will lower costs for advanced technologies and safeguard defense programs. This is vital for India's progress.
Reliance Chemotex Industries standalone net profit declines 4.89% in the March 2026 quarter
Sales rise 7.27% to Rs 88.18 crore
Q4 Results Today: Patanjali Foods, Easy Trip Planners, Gujarat Gas, Among Over 600 Firms To Declare Earnings
Jupiter Wagons, Titagarh Rail Systems, Som Distilleries & Breweries and Jindal Poly Films will also declare Q4FY26 results on May 30.
Mumbai CNG gets Rs 2/kg costlier from Saturday; piped cooking gas rates also raised
Mahanagar Gas Ltd (MGL) has increased CNG prices by Rs 2 per kg and piped cooking gas by 50 paise per unit across the Mumbai Metropolitan Region. This hike, attributed to rising gas procurement costs, impacts millions of households and public transport users, intensifying demands for auto and taxi fare increases.
MSCI index rejig, US-Iran deal worries spook Dalal Street
Indian stock markets experienced a significant drop on Friday, with major indices closing lower. This decline was largely driven by outflows related to MSCI index rebalancing. Despite a tentative ceasefire extension between the US and Iran easing oil prices, market sentiment remained subdued. Foreign investors were net sellers, while domestic institutions provided some support.
How a debt transaction helped lift profit at Reliance Retail in 2025-26
The parent Reliance Retail Ventures Ltd (RRVL) converted ₹40,000 crore worth of interest-bearing intercorporate loans to its operating company Reliance Retail Ltd (RRL) to a zero-coupon OFCDs, substantially reducing the latter's interest outgo.
Pulse of the Street: Falling crude emerges as lone silver lining for bruised equities
Markets ended lower this week as geopolitical uncertainty, monsoon concerns and MSCI-driven flows triggered volatility. However, a sharp fall in crude oil prices is raising hopes of easing macro pressures heading into June.
Oil Sinks to 6-Week Low as Traders Bet on Possible US-Iran Truce
Oil sank to a six-week low as the US and Iran tentatively agreed to extend a ceasefire, stoking optimism that the Strait of Hormuz may soon reopen.
Key US Medium Sour Crude Weakens as Exports Ease From Records
Prices for a key US medium sour crude grade are weakening, underscoring a slowdown for American oil exports.
CMR Green public offer to open on June 3; CIL retail book subscribed 1.5x
CMR Green's IPO opens June 3, Coal India's OFS sees strong retail demand, while Mahindra Manulife enters the specialised investment fund space
Gold set for third straight monthly fall as inflation concerns linger
Hopes of a US-Iran ceasefire lifted gold prices, but easing oil prices and fears of prolonged high interest rates kept bullion on track for a third monthly fall