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Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The rupee opened with a negative bias amid a strong dollar and rising U.S. treasury yields and depreciated 18 paise to 96.38 against the U.S. dollar as market sentiments continue to dampen amid simmering tensions between the U.S. and Iran. Forex traders said rupee…
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Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Asian markets were mixed on Tuesday (May 19, 2026) as oil prices eased on hopes of a U.S.-Iran deal, though elevated crude levels capped investor appetite for risk. Energy markets held centre stage after U.S. President Donald Trump signalled “serious negotiations” with Tehran and…
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Sanchi Stupa is the location and it is found in the denomination of ₹200 Published – May 19, 2026 05:09 pm IST Read Comments Copy link Email Facebook Twitter Telegram LinkedIn WhatsApp Reddit Source link
A fuel station employee checks the revised petrol price on a dispensing machine at a petrol bunk in Visakhapatnam. File picture | Photo Credit: V. Raju Petrol and diesel prices were increased by 90 paise per litre on Tuesday (May 19, 2026), the second increase in less than a week. Petrol price was hiked to…
Read More “Petrol, diesel prices hiked by 90 paise per litre” »
Last week, the Centre hiked retail petroleum product prices after a gap of four years. This was expected, since the government had been warning about high crude prices, and how public sector oil marketing companies (OMCs) had been bleeding heavily due to under-recoveries. It was also expected that this would happen after the results of…
Read More “Unlearnt lessons: On India’s inadequate strategic petroleum and gas reserves” »
Image for representational purpose | Photo Credit: ANI State-owned Indian Oil Corporation’s net profit in the March ended quarter jumped 56.6% to ₹11,377.5 crore from the year-earlier period. Alongside the results, the board recommended a dividend of ₹1.25 per equity share in addition to the interim dividend of ₹7 per equity share disbursed through the…
Read More “Indian Oil Q4 profit jumps 56.6% to ₹11,377.5 crore” »
Tata AIA Life Insurance on Monday announced a bonus payout of ₹2,173 crore for 2025-26, for its participating (par) policyholders. Over 8.74 lakh policies will benefit from the payout, which is 18% higher compared with ₹1,842 crore declared in the previous fiscal. The bonus for FY26 is the highest thus far, in the company’s history,…
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ICICI Bank on Monday said it intends to retain its majority shareholding in ICICI Prudential Life Insurance Company “ensuring our long-term commitment.” The announcement, by way of a filing, comes on the heels of joint venture partner in the life insurance business Prudential Corporation Holdings saying Prudential Plc will acquire a 75% stake in Bharti…
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The U.S. Department of Justice has permanently dropped all criminal charges against Indian tycoon Gautam Adani and his nephew Sagar, bringing the high-profile securities and wire fraud case in New York to a complete close after prosecutors concluded they could not sustain the allegations. With this, multiple U.S. regulatory and legal investigations involving the group…
There is a price difference of about ₹30 to ₹50 per liter between commercial/industrial and retail diesel. | Photo Credit: K. Murali Kumar Even as the Union Government and oil marketing companies are claiming that all is fine and there is no shortage of petroleum products all over the country, transporters, and retail customers from various…
Read More “Shortages of diesel in pockets seen hampering free movement of trucks” »