Category: Business

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Stock markets decline as renewed geopolitical concerns weigh on investor sentiment

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Stock markets decline as renewed geopolitical concerns weigh on investor sentiment

Benchmark indices Sensex and Nifty buckled under selling pressure on Tuesday (May 5, 2026) as fresh tensions flared in the Strait of Hormuz region and the ceasefire between the U.S. and Iran came under strain. The rupee hitting a record low against the U.S. dollar amid elevated crude prices also made investors cautious. In a…

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Rupee falls two paise to close at fresh record low of 95.25 against U.S. dollar

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Rupee falls two paise to close at fresh record low of 95.25 against U.S. dollar

Representative image. | Photo Credit: Getty Images/iStockphoto The rupee fell 2 paise to close at an all-time low of 95.25 (provisional) against the U.S. dollar on Tuesday (May 5, 2026), as investors are retreating from riskier assets amid renewed clashes in the Gulf and targeting of UAE infrastructure, which have reignited supply chain fears. Forex…

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Petronet LNG expects Qatar supplies to resume 3-4 weeks after West Asia conflict concludes

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Petronet LNG expects Qatar supplies to resume 3-4 weeks after West Asia conflict concludes

Petronet LNG expects supplies from Qatar to resume within three to four weeks after the conflict in West Asia comes to an end, Saurav Mitra, Head of Finance of the country’s largest importer of LNG told analysts Petronet LNG expects supplies from Qatar to resume within three to four weeks after the conflict in West…

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Indian investments in U.S. on rise, creating American jobs: official

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Indian investments in U.S. on rise, creating American jobs: official

Foreign direct investment from India to the United States was approximately $16.4 billion. File | Photo Credit: Getty Images/iStockphoto Foreign direct investment from India to the United States was approximately $16.4 billion, which supported about 70,800 jobs, a senior U.S. official said. Addressing a CII India Reception on the sidelines of the SelectUSA Investment Summit…

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Prioritise energy security for keeping growth momentum going: RBI MPC member

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Prioritise energy security for keeping growth momentum going: RBI MPC member

Nagesh Kumar, director of the Institute for Studies in Industrial Development, and a member of the Monetary Policy Committee. File | Photo Credit: The Hindu The ongoing West Asia conflict has highlighted India’s structural vulnerability to energy shocks, reinforcing the need to reduce dependence on imported crude and accelerate efforts to strengthen energy security, according…

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India most resilient emerging market economy; better placed to manage future shocks: Moody’s

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India most resilient emerging market economy; better placed to manage future shocks: Moody’s

India has been the most resilient large emerging market economy since 2020, and its sizeable forex reserves have helped check currency volatility and reinforce confidence during global shocks, Moody’s Ratings said | Photo Credit: Reuters India has been the most resilient large emerging market economy since 2020, and its sizeable forex reserves have helped check…

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Apple holds talks with Intel, Samsung for US chipmaking: Report

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Apple holds talks with Intel, Samsung for US chipmaking: Report

Reuters ‌could not immediately verify the ​report [File] | Photo Credit: REUTERS Apple ​has held exploratory discussions about using Intel ‌and Samsung Electronics to produce the ​main processors for its ⁠devices, Bloomberg News reported on Monday, citing people familiar with the deliberations. Apple executives have made ‌visits to a Samsung plant under development in Texas…

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India-U.K. FTA: JLR cuts Range Rover CBU models by up to ₹75 lakh

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India-U.K. FTA: JLR cuts Range Rover CBU models by up to ₹75 lakh

The key models benefitting from the FTA are Range Rover SV and Range Rover Sport SV. | Photo Credit: Special arrangement Ahead of the implementation of the India-U.K. Free Trade Agreement (FTA), Jaguar Land Rover (JLR) India has announced priced reduction of as high as ₹75 lakh for Range Rover CBU models imported from the…

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Business

Reliance hands over documents in bribery probe, executive gets bail

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Reliance hands over documents in bribery probe, executive gets bail

Image used for representational purposes only. | Photo Credit: Reuters ​ India’s biggest listed company, Reliance ⁠Industries, has handed over documents demanded by federal police investigating a drone import bribery case involving one of its senior vice ‌presidents, according to a court order. The order by a New Delhi court issued on Monday (May 5,…

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