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Odisha Chief Minister Mohan Charan Majhi attends the event marking the commencement of construction work for the 13.2 MTPA Integrated Steel Plant of JSW Utkal Steel Limited, in Dhinkia on Wednesday (May 27, 2026). | Photo Credit: ANI The JSW Group on Wednesday (May 27, 2026) started construction of the blast furnace of its proposed…
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The most prominent figures in artificial intelligence are stepping back from dire predictions about mass unemployment, as the industry faces growing public hostility over AI’s promised transformation of the workplace. Nvidia chief executive Jensen Huang and OpenAI CEO Sam Altman, whose comments have stoked anxiety about AI’s potential effects on society, are now arguing that…
Petrol in Delhi is retailing at ₹102.12 per litre, following a cumulative hike of about ₹7.50 per litre since mid-May due to surging global crude oil prices. The latest increase—a jump of ₹2.61 per litre—took effect on May 25, 2026, and prices have remained steady at this mark in New Delhi on May 27, 2026….
Oil and Natural Gas Company (ONGC) expects gas production from new wells to continue rising and increasingly contribute to spur profitability, Arun Kumar Singh, Chairman of the state-owned exploration and production company told investors in an analyst call Wednesday. New-well gas constituted 17% of production volumes and 21% in terms of revenue in the company’s…
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Vedanta operates across a diversified portfolio spanning zinc, silver, aluminium, copper, nickel, iron ore, oil & gas and power generation. File image: X/@Vedanta_Group Vedanta Group said it has received its highest domestic credit rating in over a decade after ICRA, an affiliate of Moody’s, upgraded the long-term ratings of key group entities to AA+. ICRA upgraded the long-term…
Read More “ICRA upgrades Vedanta’s credit rating to AA+, the highest rating over a decade” »
U.S. Trade Representative Jamieson Greer speaks with reporters at the White House in Washington, D.C., U.S. File | Photo Credit: Reuters A team of U.S. negotiators, led by U.S. Trade Representative Jamieson Greer, will be visiting India from June 1 to June 4 to “finalise the details” pertaining to the Interim Agreement between the two…
The Indian rupee slipped by 3 paise to settle at 95.73 against the U.S. dollar and the Stock and forex markets will remain closed on May 28 for Bakrid. File | Photo Credit: Getty Images/iStockphoto Stock markets closed lower for the second consecutive day on Wednesday (May 27, 2026) as investors remained cautious amid conflicting…
With airfares already nearly double on several routes, the capacity cuts are expected to further tighten supply and give airlines greater room to raise fares | Photo Credit: The Hindu Air India has cut around 22% of its domestic flights, weeks after announcing a steep 27% reduction in international operations, with sources attributing the move…
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Image used for representational purpose only. File | Photo Credit: Reuters The rupee settled on a flat note, higher by 2 paise at 95.68 (provisional) against the U.S. dollar on Wednesday (May 27, 2026), as renewed tensions between the U.S. and Iran and delays in negotiations kept investors cautious. Forex traders said a strong American…
Read More “Rupee settles on flat note, up 2 paise at 95.68 against U.S. dollar” »
Shares of HDFC bank drop by 2.5% amid allegations of illegal payments for attracting deposits. File | Photo Credit: Reuters Shares of top private lender HDFC Bank fell as much as 2.5% on Wednesday (May 27, 2026) after media reported that the lender made illegal payments to a State government department to attract deposits. Also…
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