The Confederation of Indian Industry (CII) has urged the Indian government to gradually restore the Rs 10-per-litre cut in special additional excise duty on petrol and diesel over six to nine months. This move aims to relieve pressure on government finances as crude oil prices stabilise, without significantly impacting consumer sentiment.
Mahindra & Mahindra Ltd reported a significant 48.5 per cent jump in consolidated profit after tax to Rs 5,259.91 crore in the March quarter, primarily attributed to strong performance in its auto and farm sectors, alongside ambitious plans for new SUV and EV launches.
Bharat Forge reported modest Q4FY26 results but provided strong guidance, anticipating significant growth from its defence, aerospace, and data centre segments, with a projected 25 per cent revenue growth in Indian manufacturing for FY27, despite current high valuations.
'Policy consistency combined with timely and calibrated reforms are expected to ensure that India not only maintains macroeconomic stability, but also emerges as a globally competitive and inclusive economy.'
Delhi Police dismantled a counterfeit mobile phone accessories manufacturing and packaging operation in central and west Delhi, arresting two individuals involved in selling fake products under well-known brand names.
The Odisha government has issued a notice to Vedanta Aluminium Limited, Jharsuguda, demanding 233.11 crore for allegedly extracting over 30 lakh cubic metres of water monthly from the Bheden river system without authorisation between May 2025 and April 2026, a charge the company denies, claiming compliance with existing agreements.
The US has announced federal charges against Nazeer Hameed, an Indian national, for his alleged involvement in the 2017 murder of Sasikala Narra and her six-year-old son Anish Narra in Maple Shade, New Jersey. Hameed fled to India after the murders and now faces charges for unlawful flight to avoid prosecution.
Indian foreign direct investment (FDI) in the United States has reached approximately USD 16.4 billion, supporting around 70,800 jobs and contributing significantly to research and development, according to US Deputy Undersecretary Brandon Remington.
Aequs Group, in collaboration with IIT-Dharwad, has established an advanced research and development facility for materials science and manufacturing innovation at the IIT-Dharwad campus.
Fitch Ratings has warned that India's oil marketing companies (OMCs) could face significant credit pressure if crude oil prices remain elevated, leading to eroded earnings and increased working capital needs due to delayed fuel price pass-through.
Hyundai Motor India Ltd reported a 22.22 per cent decline in consolidated profit after tax to Rs 1,255.63 crore in the March quarter, primarily due to higher expenses, despite an increase in total revenue from operations.
The Supreme Court has urged the Kapur family, including Rani Kapur and Priya Kapur, to resolve their dispute over the family trust through mediation, appointing a former Chief Justice to oversee the process.
Preferential equity listings in India reached an unprecedented 1,307 in FY26, marking a 33% increase from the previous year and reflecting a strategic choice for companies during market volatility.
West Bengal Chief Minister Suvendu Adhikari has alleged that the people of Diamond Harbour have been unable to exercise their voting rights for a decade. He assured people that the scenario has now changed, and the May 21 repolling in the Falta Assembly seat will re-establish voter rights.
Cognizant's research reveals that companies seeking AI adoption favour IT services firms offering custom, full-stack AI solutions, prioritising flexibility and expertise over cost and speed.
India's selectors have included Gurnoor Brar and Manav Suthar in the national squad for the upcoming Test and ODI series against Afghanistan, recognising their pace and spin capabilities.
US President Donald Trump concluded his Beijing summit with Chinese President Xi Jinping, describing it as 'incredible' and highlighting 'fantastic trade deals' and a 'very strong' relationship between the two leaders.
The Supreme Court has dismissed an appeal by Byju Raveendran, upholding the NCLAT's decision to reinstate the original Committee of Creditors (CoC) in Think & Learn Private Ltd's insolvency proceedings, which includes Glass Trust Company LLC as a major lender.
Foreign Portfolio Investors (FPIs) have withdrawn Rs 27,048 crore from Indian equities so far in May, bringing the total outflows for 2026 to Rs 2.2 lakh crore, driven by global macroeconomic and geopolitical uncertainties.
Uber is set to establish its first data centre in India in partnership with the Adani Group, the company's CEO Dara Khosrowshahi said.
Sterlite Technologies plans to invest up to USD 100 million in the US to strengthen its manufacturing capacity for AI data centres and telecom customers.
'Once the market decides it wants to go up, it goes up -- no amount of bad news can really hold it back.'
"Policy sales will be one of the focus areas for the company because looking at the large insurance gap, large number of people being uncovered. The only right way to go is to increase the number of policies," said Amit Jhingran, MD & CEO, SBI Life Insurance.
Krutrim, India's first AI unicorn, has successfully repositioned itself as a focused domestic AI Cloud Services provider, reporting its first annual net profit in FY26.
"Our strategy has always been to focus on volume-led penetration growth," said Manish Tiwary, chairman and managing director, Nestle India.
A 72-year-old doctor in Mumbai was defrauded of 10,000 by cyber criminals posing as Mahanagar Gas Limited personnel who tricked him into downloading a malicious file.
A software engineer earning a high salary allegedly abandoned his career to run a fake online trading racket, duping investors of nearly Rs 100 crore.
A city court has remanded former West Bengal minister Sujit Bose to Enforcement Directorate (ED) custody until May 21 in connection with the alleged municipal recruitment scam. Bose, a Trinamool Congress leader, was arrested after questioning and is accused of concealing information and making contradictory statements.
'...the enormous responsibility and faith the youth has put on his shoulders, that he is going to solve their problems.'
Male central government employees are entitled to 15 days under service rules and provisions in the private sector depends on the company's policy.
Maruti Suzuki India's shares gained over 2.5 per cent after a strong March-quarter performance, with analysts maintaining a positive medium-term outlook driven by buoyant domestic market volumes, capacity expansion, and export growth, despite anticipated near-term margin pressures from higher commodity prices and startup costs.
Indian defence stocks have seen an average year-on-year gain of 67 per cent, driven by renewed interest following 'Operation Sindoor' and a broader increase in global geopolitical tensions, with the combined market capitalisation of 18 firms increasing by approximately 2.3 trillion.
Shares of One97 Communications, which operates the Paytm brand, experienced a significant jump after the company reported a consolidated profit for the January-March quarter.
The Samajwadi Party has ended its association with the Indian Political Action Committee (I-PAC) due to a lack of funds, according to party president Akhilesh Yadav.
The Bombay High Court has expressed concern over a mother's possessiveness in denying her estranged husband visitation rights to their child, emphasising the importance of both parents in a child's life.
Over the past two decades, India has witnessed several major petrol price hikes, driven by global crude oil fluctuations, economic crises, currency depreciation and geopolitical conflicts. How did we get from Rs 34 to over Rs 100 today
India's wholesale price inflation surged to 8.30 per cent in April, up from 3.88 per cent in March, primarily driven by a significant increase in the prices of fuel, power, and crude petroleum, according to data from the commerce and industry ministry.
Delhi Police have registered a case against the CEO of a digital marketing firm following a sexual harassment complaint filed by a former intern.
Five Naxal functionaries, carrying a total bounty of Rs 38 lakh, surrendered in Gadchiroli district, Maharashtra. Additionally, eight Maoists from Maharashtra, Telangana, and Chhattisgarh were arrested during joint operations with the CRPF.
Delhi Police busted a counterfeit garment manufacturing racket in Naraina Industrial Area, seizing over 3,400 fake branded jeans, forged labels, and stitching machines.
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