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India’s April retail inflation, at a 13-month high of 3.48%, is only marginally higher than its March print of 3.4%, and continues to remain deceptively benign. Wholesale inflation has more than doubled to 8.3% in April from 3.88% in March — a 42-month high — signalling that substantial upstream price pressures are still working their…
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Federal prosecutors in New York on November 21, 2024 indicted Adani Group Chairman Gautam S. Adani, his nephew Sagar Adani, and six others on multiple counts of fraud. File | Photo Credit: ANI Published – May 14, 2026 10:42 pm IST Source link
For representative purposes | Photo Credit: Getty Images The recent announcement by Prime Minister Narendra Modi urging individuals to reduce their consumption of gold and petrol brought to the fore what many analysts have warned about: India’s situation on the external front is far from rosy. The rupee has witnessed significant depreciation over the last…
Jotaro Tamura. | Photo Credit: Special Arrangement Despite the global headwinds, Mitsui OSK Lines is confident about making investments in India and the momentum has not changed, Jotaro Tamura, president and chief executive officer (CEO) of the company owning the world’s largest vessel fleet told The Hindu on Monday (May 11, 2026). Mr. Tamura underlined…
(L-R) Iranian Foreign Minister Abbas Araghchi; South Africa’s Foreign Minister Ronald Lamola; Russia’s Foreign Minister Sergey Lavrov; India’s Foreign Minister S Jaishankar; Brazil’s Foreign Minister Mauro Vieira; Egypt’s Foreign Minister Badr Abdelatty; and Ethiopia’s Foreign Minister Gedion Timothewos Hessebon at the BRICS Foreign Ministers’ Meeting at Bharat Mandapam, in New Delhi on Thursday, May 14,…
Following the recent import duty hike, the sharp jump in domestic prices triggered investor selling and delayed fresh purchases, further weakening already soft physical demand, he added. (Representational image) | Photo Credit: Getty Images/iStockphoto Gold price rose by ₹650 to ₹1.66 lakh per 10 grams in the national capital on Thursday (May 14, 2026) after…
Stock markets rose for the second consecutive day on Thursday (May 14, 2026) with the benchmark Sensex jumping by nearly 790 points in a volatile session, driven by value buying in telecom, pharma and private banking shares. The 30-share Bombay Stock Exchange (BSE) Sensex jumped 789.74 points, or 1.06%, to close at 75,398.72. The index…
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Rupee weakened further and fell to a record low against the U.S. dollar. File | Photo Credit: Reuters The rupee weakened further and fell to a record low of 95.73 (provisional) against the U.S. dollar on Thursday (May 14, 2026), amid a strong dollar and worries over inflation amid elevated energy prices. Forex traders said…
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A goldsmith engrossed in jewellery making at a unit. | Photo Credit: S. Siva Saravanan About 30,000 jewellers in Tamil Nadu will stop selling gold coins and not promote gold savings schemes and other promotional schemes in the State, said Tamil Nadu Jewellers Federation president B. Sabarinath on Wednesday (May 13, 2026). Following the hike…
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The U.S. has cleared around 10 Chinese firms to buy Nvidia’s second-most powerful AI chip, the H200, but not a single delivery has been made so far, three people familiar with the matter said, leaving a major technology deal in limbo as CEO Jensen Huang seeks a breakthrough in China this week. Huang, who was…
Read More “U.S. clears H200 chip sales to 10 China firms as Nvidia CEO looks for breakthrough” »