Kiran Mazumdar-Shaw names niece Claire Mazumdar as successor at Biocon. Explore the leadership transition, strategy, and future plans.
Indian benchmark indices, Sensex and Nifty, saw a significant rebound in early trade, driven by a decline in crude oil prices. This drop followed US President Donald Trump's announcement of progress in negotiations with Iran towards an agreement to end the war, leading to a temporary pause in 'Project Freedom' to escort ships through the Strait of Hormuz. Track Nifty 50 and BSE Sensex performance and key global triggers.
Indian benchmark indices Sensex and Nifty experienced a decline due to renewed geopolitical concerns in the Strait of Hormuz, a strained US-Iran ceasefire, and the rupee hitting a record low against the US dollar.
'In India's case, an extended earnings slowdown accompanied by rich valuations have dimmed returns since late 2024.'
Sanju Samson believes India is poised to dominate global cricket for years to come following their T20 World Cup victory. He also reflected on his pivotal role in the team's success.
Loitering munitions, often described as 'suicide drones' or 'kamikaze drones', are becoming central to modern warfare because of their ability to hover over target areas, identify threats and strike with high precision.
Indian equity benchmark indices, Sensex and Nifty, tumbled nearly 2 per cent for the fourth consecutive session, driven by elevated crude oil prices, escalating US-Iran tensions, unabated foreign fund outflows, and a depreciating rupee.
Indian equity benchmark indices, Sensex and Nifty, tumbled nearly 2 per cent for the fourth consecutive session, driven by elevated crude oil prices, escalating US-Iran tensions, unabated foreign fund outflows, and a depreciating rupee.
MNS president Raj Thackeray questions the fuel consumption during recent election campaigns, asking if austerity measures are only meant for the common people.
'Markets never fully lose hope. But an important shift could come if the Strait remains closed -- moving from high prices to no prices.'
India has lost its $5 trillion market capitalisation (mcap) tag following Monday's sharp selloff in equities and a simultaneous slide in the rupee.
The official also advised all the trade partners to abide by the trade deals. The new 10 percent global tariff is part of Trump's protectionist trade agenda, aimed at addressing balance-of-payments issues and unfair trade practices.
'Every year we import approximately $70 billion worth of gold -- closer to $72 billion in 2025-2026, an all-time record.' 'There is no parallel for this anywhere in the world. And this love for gold will not disappear overnight.'
Aviation fuel prices for domestic airlines remain unchanged, providing stability for local carriers, while commercial LPG and 5-kg cylinders see a significant rate hike due to rising international energy costs.
State-run Bharat Petroleum Corporation Ltd (BPCL) plans a significant capital expenditure of 25,000 crore for the financial year 2026-27, primarily for ongoing expansion projects. The company also stated that the recent 4-per-litre price hike in petrol and diesel has provided some financial relief amidst volatile crude oil prices and mounting losses.
King Charles III reaffirmed the enduring strength of the US-UK alliance, underscored NATO's centrality to global security, and shared light-hearted moments with President Donald Trump during a White House state dinner.
Tata Steel has expanded its partnership with Google Cloud to deploy a unified, enterprise-wide artificial intelligence (AI) strategy across its global value chain, resulting in significant operational improvements.
Domestic Institutional Investors (DIIs) have significantly increased their holdings in Nifty 500 companies, reaching a record 20.9 per cent by the end of March, while Foreign Portfolio Investors (FPIs) reduced their ownership to an all-time low of 17.1 per cent, according to Motilal Oswal Financial Services.
The Andhra Pradesh cabinet has recommended a series of measures, including 'No Vehicle Day,' online classes, and reduced foreign tours, to mitigate the economic impact of the Gulf war.
Abhishek Bachchan expresses his desire to see MS Dhoni play in the European T20 Premier League, highlighting the league's commitment to quality cricket and nurturing local talent.
FIFA has announced that the 2026 World Cup, co-hosted by Mexico, Canada, and the United States, will feature separate opening ceremonies in each of the three countries. The ceremonies will feature a diverse lineup of musical performers and cultural showcases.
Commerce and Industry Minister Piyush Goyal announced that a US team is expected to visit India next month for trade talks, following an earlier Indian delegation's visit to Washington, DC, in April to finalise an interim pact and advance negotiations for a broader bilateral trade agreement.
Christian Pulisic and Virat Kohli headline a unique RCB-AC Milan crossover, exchanging jerseys and sports in a global campaign blending cricket, football and fan culture.
The ICC CEO Sanjog Gupta marked the ground breaking of the cricket venue for the 2028 Olympics as a historic moment, fulfilling a 128-year promise to bring cricket back to the global stage. The venue, also home to the Los Angeles Knight Riders, signifies cricket's growing global appeal and its integration into the Olympic movement.
The International Testing Agency (ITA) has voiced concerns regarding the high rate of doping cases in India and the alleged practice of athletes receiving advance notice before testing, potentially jeopardising the nation's bid to host the 2036 Olympic Games.
A NITI Aayog report indicates that India's digital public infrastructure (DPI) initiatives could contribute 4 per cent of the GDP by 2030, a significant increase from the current 1 per cent.
Indian equities are experiencing their sharpest rebound in years, with the BSE 500 index rallying 12.1 per cent so far this month, echoing Covid-era recoveries despite ongoing geopolitical uncertainty and earnings risks.
Vietnam is an emerging regional power and a closer relationship with Hanoi is closely aligned with Prime Minister Narendra Modi's Act East Policy, points out Dr Rajaram Panda.
Urvashi Rautela made a stunning and unexpected return to Cannes on May 12, dazzling in a glamorous silver gown and a unique bird-inspired headpiece for her fifth consecutive appearance at the famed film fest.
Prime Minister Narendra Modi has urged for restraint in the use of petro products due to the West Asia crisis, emphasising the need to save foreign exchange and reduce the impact of war. He also highlighted India's progress in solar power and ethanol blending, while assuring support to Telangana's development.
Artificial Intelligence is rapidly transforming Formula One, with teams like Williams and Red Bull using AI for race strategy, data analysis and operations as tech partnerships and sponsorship revenues surge.
As Prime Minister Narendra Modi urges Indians to travel less, rising fuel prices are already changing driving habits.
NBA legend Vlade Divac expresses optimism about the growth of basketball in India, acknowledging cricket's dominance but highlighting the potential for Indian talent in the NBA.
'We strongly believe that anyone with capability and a strong work ethic should have a chance at the top job.'
A 17-year-old girl diagnosed with advanced Stage 3 Ewing's Sarcoma, a rare type of bone cancer, has recovered after battling respiratory complications and spending nearly 10 days on ventilator support at a Delhi hospital.
Alia Bhatt's first daytime appearance at the Cannes Film Festival 2026 instantly became one of her best red carpet moments ever as she walked in a soft, dreamy hand-painted gown inspired by the French Riviera.
New completions in India's office real estate sector fell by 36 per cent to 9.7 million square feet in Q1 2026, the lowest in four quarters, primarily due to developers adopting a cautious stance amid global uncertainties, particularly in Bengaluru, Hyderabad, and Mumbai. Despite this, office absorption increased by 20 per cent, indicating strong occupier demand.
The University of Chicago has conferred its Alumni Award for Professional Achievement to India's former chief economic adviser Krishnamurthy V Subramanian, the first Indian economist to receive the honour since 1941.
Tata Steel reported a significant 124.9 per cent year-on-year increase in consolidated net profit to 2,925.74 crore for the fourth quarter of FY26, driven by higher volumes and an improved product mix in India, alongside planned cost reductions across its global operations.
History is rarely decided by who has the biggest weapons, but by who has the better process. The same rule applies to investing, says Ramalingam Kalirajan.
