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Category: Business

Business

Much expected board meeting of Sir Ratan Tata Trust cancelled

Posted on May 8, 2026 By admin
Much expected board meeting of Sir Ratan Tata Trust cancelled

Image used for representation purpose only. | Photo Credit: Reuters A board meeting of Sir Ratan Tata Trust scheduled for Friday (May 8, 2026) to reconsider nominations to the board of Tata Sons was cancelled for unspecified reasons, people with direct knowledge of the matter said. The meeting was cancelled despite the Bombay High Court…

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Business

Court setbacks to Trump add uncertainty to U.S. tariffs, may slowdown BTA talks with India: Experts

Posted on May 8, 2026 By admin
Court setbacks to Trump add uncertainty to U.S. tariffs, may slowdown BTA talks with India: Experts

Repeated setbacks faced by U.S. President Donald Trump in American courts have further heightened uncertainty over the U.S. tariff regime, and India should wait for the United States to evolve a more stable and legally predictable trade framework before moving ahead with the proposed bilateral trade agreement, experts said. They said that this ruling is…

Read More “Court setbacks to Trump add uncertainty to U.S. tariffs, may slowdown BTA talks with India: Experts” »

Business

New invasive moth threatens Ladakh’s farm-based economy

Posted on May 8, 2026 By admin
New invasive moth threatens Ladakh’s farm-based economy

Ladakh, one of India’s most fragile landscapes, has a new set of invaders—a camouflaging moth that threatens the local farm-based economy. A quartet of scientists has recorded the Phalera cf. bucephala, a moth native to parts of Africa, East Asia, and Europe, in the Suru Valley of Ladakh’s Kargil district. The ‘cf.’ is often used…

Read More “New invasive moth threatens Ladakh’s farm-based economy” »

Business

Stock markets slump amid fresh tensions in West Asia

Posted on May 8, 2026 By admin
Stock markets slump amid fresh tensions in West Asia

National Stock Exchange (NSE) in Mumbai, India. File | Photo Credit: Reuters Equity markets declined in early trade on Friday (May 8, 2026) as escalating geopolitical tensions in West Asia and rising oil prices weighed heavily on investor sentiment. Foreign fund outflows and a weak trend in global markets further dented investor sentiment. The 30-share…

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Business

Rupee falls 45 paise to 94.67 against U.S. dollar

Posted on May 8, 2026 By admin
Rupee falls 45 paise to 94.67 against U.S. dollar

The rupee depreciated by 45 paise against the U.S. dollar. File | Photo Credit: AP The rupee depreciated 45 paise to 94.67 against the U.S. dollar in early trade on Friday (May 8, 2026), as Brent crude prices rose back to $101.00 per barrel after U.S. and Iranian forces exchanged fire near the Strait of…

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Business

Oil jumps, stocks fall as U.S.-Iran clashes spark peace talks fears

Posted on May 8, 2026 By admin
Oil jumps, stocks fall as U.S.-Iran clashes spark peace talks fears

Stocks sank and oil prices jumped on Friday (May 8, 2026) as U.S.-Iran clashes in the Strait of Hormuz jolted hopes for a deal to end the war and reopen the crucial waterway. Markets across the world have enjoyed a strong run this week on growing optimism that the 10-week conflict — which has sent…

Read More “Oil jumps, stocks fall as U.S.-Iran clashes spark peace talks fears” »

Business

Indian Ocean challenges must be met with cooperation, transparency: Union Shipping Minister

Posted on May 7, 2026 By admin
Indian Ocean challenges must be met with cooperation, transparency: Union Shipping Minister

Union Minister Sarbananda Sonowal. File picture | Photo Credit: PTI The challenges being faced, in the realm of maritime shipping, in the Indian Ocean are interconnected and need a collective response based on “cooperation, transparency and respect for international law”, said Sarbananda Sonowal, Union Minister for Ports, Shipping and Waterways, at the tenth Indian Ocean…

Read More “Indian Ocean challenges must be met with cooperation, transparency: Union Shipping Minister” »

Business

Walmart sourced goods worth over $40 bn from India: Company CEO

Posted on May 7, 2026 By admin
Walmart sourced goods worth over  bn from India: Company CEO

Walmart Inc., President & CEO John Furner. Walmart Inc., American retail corporation based in Arkansas said it already sourced goods worth more than $40 billion from India since 2019. John Furner, President and CEO, Walmart Inc said, “We’ve already sourced more than $40 billion in goods from India and are focused on strengthening entrepreneur and…

Read More “Walmart sourced goods worth over $40 bn from India: Company CEO” »

Business

Rupee rises 23 paise to close at 94.26 against U.S. dollar

Posted on May 7, 2026 By admin
Rupee rises 23 paise to close at 94.26 against U.S. dollar

Representative image. | Photo Credit: Getty Images/iStockphoto The rupee pared initial losses and settled for the day on a positive note, higher by 23 paise at 94.26 (provisional) against the greenback on Thursday (May 7, 2026), as Brent crude and the U.S. dollar index retreated from their elevated levels. Forex traders said Brent oil prices…

Read More “Rupee rises 23 paise to close at 94.26 against U.S. dollar” »

Business

Stock markets end lower in choppy trade; Sensex declines 114 points

Posted on May 7, 2026 By admin
Stock markets end lower in choppy trade; Sensex declines 114 points

After facing heavy fluctuations during the day, the 30-share BSE Sensex ended 114 points or 0.15% lower at 77,844.52. File | Photo Credit: Reuters Benchmark indices ended lower in a choppy trade on Thursday (May 7, 2026), with the Sensex declining 114 points, as investors turned cautious amid unabated foreign fund outflows and rising geopolitical uncertainties….

Read More “Stock markets end lower in choppy trade; Sensex declines 114 points” »

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