UAE exits OPEC: What is OPEC+, its members, and what does the bloc do?
Published: April 29, 2026 10:57
In 2025, OPEC+ produced nearly 50% of the world’s oil and oil liquids, according to the International Energy Agency
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Dr. Reddy’s Laboratories gets Health Canada nod for generic Semaglutide injection
Published: April 29, 2026 07:18
Health Canada’s approval positions Dr. Reddy’s Laboratories as a key player in the Canadian market, offering a vital treatment for Type 2 diabetes to millions
Oil prices ease after rally as UAE exits OPEC; Iran conflict, Hormuz blockade keep supply concerns high
Published: April 29, 2026 06:26
Brent crude futures for June dipped 1% to $111.25 a barrel, having climbed for the previous seven sessions
Increased imports buoy overall availability of natural gas in India in March 2026, despite fall in domestic production
Published: April 29, 2026 05:42
Net production of domestic gas for sale in March represented 83% of the gross production
J&K govt. blacklists Reliance General Insurance Company Limited for 2 years
Published: April 28, 2026 18:27
According to the government, the insurance company failed to issue health insurance cards, provide the list of empanelled hospital, web-based application platform and also failed to finalize performance parameters and penalty framework forming part of the…
Working Group formed to study impact of scrap supplies, suggest remedies
Published: April 28, 2026 17:17
At present, India levies at 2.5% import duty on scraps
Nayara Energy’s refinery expected to recommence operations after planned maintenance mid-May
Published: April 28, 2026 14:43
Nayara Energy’s Vadinar refinery was to shut for maintenance last December but could not due to headwinds emanating from European sanctions
UAE leaves OPEC and OPEC+ in huge blow to global oil producers' group
Published: April 28, 2026 12:46
The move came after the UAE, a regional business hub and one of Washington’s most important allies, criticised fellow Arab states for not doing enough to protect it from numerous Iranian attacks during the war
Industrial output growth slows to 5-month low of 4.1% in March, first month after West Asia crisis began
Published: April 28, 2026 12:30
For the full financial year 2025-26, growth in the IIP stood at 4.1%, marginally faster than the 4.07% recorded in 2024-25
Maruti Suzuki Q4 net profit falls 6.45% to ₹3,659 crore
Published: April 28, 2026 10:08
The auto major had posted a net profit of ₹3,911.1 crore in the same quarter of the preceding fiscal, Maruti Suzuki India said in a regulatory filing
Exporters highlight compliance costs, testing requirements, MSME issues in meeting with Piyush Goyal
Published: April 28, 2026 09:08
“The Minister has assured continued support, including facilitation and targeted interventions, to reduce entry barriers and enhance ease of doing business,” Commerce Ministry said
ED attaches assets worth ₹3,034.90 crore in RCom case
Published: April 28, 2026 09:06
The SIT constituted on the Supreme Court’s directions is probing the cases of alleged diversion and laundering of funds
Coal India Q4 net profit accelerates 12%, fuelled by marginal increase in input cost
Published: April 27, 2026 18:58
Cost of inputs rose by a marginal 1% in the March-end quarter
China vows countermeasures if EU enacts 'Made in Europe' plan
Published: April 27, 2026 17:38
The EU unveiled in March new "Made in Europe" rules for companies trying to access public funds in strategic sectors including cars, green tech and steel, obliging firms to meet minimum thresholds for EU-made parts
ONGC approves joint venture with MRPL, OPaL focussed on petrochemicals marketing
Published: April 27, 2026 16:59
ONGC would hold 50% stake in the JV, with the rest equally divided between MRPL and OPaL.
Oil India reports hydrocarbon discovery in Libya
Published: April 27, 2026 16:50
The forced majeure was lifted in 2023
Fertiliser security strong and stable: Union Government
Published: April 27, 2026 16:44
For Kharif 2026, the Ministry of Fertilisers has assessed the requirement of 390.54 LMT. The current available stock of 190 LMT is 49% of the requirement, says Additional Secretary
RBI tightens bad loan rules to align with global norms
Published: April 27, 2026 16:32
According to the new rule, if one loan of a borrower with many loans is considered Non-Profitable Asset, all the loans will also be considered NPA
SEBI urged to probe alleged ₹275 crore fund diversion in slum rehab project by listed firm
Published: April 27, 2026 16:18
According to the complaint, Shah Housecon, described as the developer of the Khot Dongri SRA project, allegedly entered into multiple MoUs and development agreements with different parties over several years
Do not foresee any requirement to import petrol or diesel: Petroleum Ministry
Published: April 27, 2026 15:23
Concerns over stock supplies amidst the West Asia conflict and potential increase in prices of petrol and diesel have led to panic-buying among consumers
American budget airlines seek $2.5 billion assistance from U.S. government: reports
Published: April 27, 2026 07:18
The pitch underscores one of the unintended consequences of Washington’s Iran war: a surge in jet fuel prices that has roughly doubled costs, squeezing margins and pushing weaker airlines closer to the brink
AI firms flex lobbying muscle on both sides of the Atlantic
Published: April 27, 2026 04:47
The AI industry has transformed Washington lobbying at extraordinary speed, with more than 3,500 federal lobbyists, one-fourth of the total, working on AI issues last year
U.S. chipmakers hit record highs as Intel turbocharges AI rally
Published: April 27, 2026 04:19
Chip stocks have been some of the biggest gainers of the spending spree by tech giants on scaling up their AI infrastructure
Sun Pharma to acquire U.S. firm Organon in $11.75 billion deal
Published: April 27, 2026 04:19
Organon is a global healthcare company formed through a spinoff from Merck, known as MSD outside of the United States and Canada, in 2021
Adani Green to invest ₹15,000 crore to add 10 gigawatt battery storage in FY27
Published: April 26, 2026 07:46
The proposed addition will be over and above the roughly three GWh of installed storage capacity the company expects to reach shortly, following the commissioning of 1.4 GWh during FY26, it said during its earnings call
IDFC First Bank Q4 PAT rises 5% to ₹319 crore despite Haryana fraud incident
Published: April 26, 2026 04:33
Normalised profit after tax, excluding the isolated incident, at ₹746 crore for the quarter grew 145% YoY, the bank said in a filing.
Restoration work at Hindustan Petroleum’s Rajasthan refinery expected to complete in 3-4 weeks
Published: April 25, 2026 17:03
HPCL also informed that the trial production of liquified petroleum products, motor spirit, high-speed diesel and naphtha is expected to start within May this year
Axis Bank Q4 net profit slips marginally to ₹7 071 crore
Published: April 25, 2026 16:50
Based on assessment of evolving, unpredictable macroeconomic, geopolitical uncertainties, bank has voluntarily created additional one-time provision of ₹2,001 crore.
Amidst fertiliser shortages, coal gasification as a mitigating factor still a distant reality
Published: April 25, 2026 11:09
The Ministry of Coal is confident that they are on track to achieve the target of 100 million tonne of gasification by 2030
Textiles and garment exports fall 2.2% in 2025-26: Global Trade Research Initiative
Published: April 25, 2026 08:57
RBI’s action on Paytm Payments Bank Limited has no financial impact and strong momentum, says company
Published: April 25, 2026 06:24
In a regulatory filing, the Noida-based fintech major said PPBL operates independently, with no board or management involvement from Paytm
Paytm distances itself from Payments Bank after RBI cancels PPBL’s banking licence
Published: April 24, 2026 18:39
‘PPBL operates independently, with no board or management involvement from Paytm,’ the company said in a statement
IndusInd Bank beats Q4 profit view on fewer new bad loans
Published: April 24, 2026 16:41
In the year-ago quarter, the bank had reported its biggest-ever quarterly loss due to years of misaccounting of internal derivative trades
Mines Ministry announce ₹5,000 crore incentive scheme for states to spur blocks’ auction, operationalisation
Published: April 24, 2026 15:14
The incentive scheme is pillared on expediting mines for auctions, operationalisation of auctioned mines and governance of the mines by States
Electric carmaker Tesla to expand supercharging network in India
Published: April 24, 2026 09:32
"We already have five super charging stations in India, which we have built around the lifestyle of our customers, where they go to work, shop, dine and travel," Tesla India General Manager
West Asia conflict could cause 120 bcm of LNG supply loss from 2026-2030, says International Energy Agency
Published: April 24, 2026 07:57
LNG supply growth came to a halt in March after the closure of the Strait of Hormuz, which effectively reduced the combined LNG production of Qatar and the United Arab Emirates by around 10 bcm for the month
Indian seafarer among crew of ship held by Iran in Strait of Hormuz
Published: April 23, 2026 14:46
Of two vessels in Iranian custody, one Indian is among the 21 crew onboard Epaminondas
Congress attacks government for permitting ethanol in aircraft fuel
Published: April 23, 2026 14:39
Party’s Kerala unit says the blended fuel should be first used in PM Narendra Modi’s aircraft or Union Minister Nitin Gadkari’s private jet for a couple of years, prove it is safe, and only then consider introducing it to the public
Infosys Q4 net profit rises 20.8% to ₹8,501 crore
Published: April 23, 2026 12:44
The Bengaluru-headquartered firm had posted a net profit of ₹7,033 crore in the same period of FY25
SpaceX IPO filing shows Elon Musk can retain board control
Published: April 23, 2026 11:11
A 2024 study by the National Association of Corporate Directors found that just 3% to 4% of the Russell 3000 index was comprised of firms where insiders constituted a board majority
Trust trumps everything else: Anthropic’s India chief Irina Ghose
Published: April 23, 2026 06:22
At the AWS Summit in Bengaluru, Irina Ghose, Managing Director of India at Anthropic, highlighted the importance of customers’ trust and reliable products that serve all users
Jio Financial, Allianz Group form JV for general, health insurance
Published: April 23, 2026 00:39
JFSL and Allianz are also working towards a separate binding agreement for life insurance business in India
LPG ships from Gulf idle after unloading; foreign ships bringing U.S. cargoes
Published: April 22, 2026 17:51
Nine Indian-flagged LPG carriers—Shivalik, Nanda Devi, BW Elm, BW Tyr, Pine Gas, Jag Vasant, Jag Vikram, Green Sanvi and Green Asha—have been moved out of the Gulf
Gartner forecasts global tech spending to grow 13.5% in 2026, totalling $6.31 trillion
Published: April 22, 2026 16:35
IT services, including application implementation and managed services, infrastructure implementation and managed services and IaaS (Infrastructure as a Service), are forecast to see the largest overall spending, surpassing $1.87 billion in 2026
Petronet receives commissioning permission for additional capacity at Dahej terminal
Published: April 22, 2026 15:16
The company had informed about the commissioning on April 1.
Govt. alters aviation fuel norms to allow for blending with non-petroleum sources
Published: April 22, 2026 15:00
Raw material feedstocks for producing hydrocarbons could range from anything from biomass and natural gas, among others, and not necessarily ethanol
Goodwill is the only saviour for Indian exporters hoping for U.S. tariff refunds
Published: April 22, 2026 13:23
The U.S. has begun the process of refunding the tariffs it collected under the reciprocal tariff regime Donald Trump had started. Of the $166 billion to be refunded, about $12 billion is linked to exports from India. But this might not come.
India-bound ship among two vessels ‘seized’ by Iran Guards in Strait of Hormuz
Published: April 22, 2026 12:17
Liberia-flagged Epaminodas was headed to Gujarat’s Mundra port, according to ship-tracking data; both ships directed to Iranian coast
AWS Bengaluru Summit 2026 | AWS unveils Trainium3 and Graviton4 in India as it stresses on frontier agent deployment
Published: April 22, 2026 11:56
As Amazon Web Services (AWS) complete 20 years, Sandeep Dutta, President of India & South Asia, AWS, highlighted the importance of building for India and the world, from India
Short-term fluctuations, including FDI outflows, closely monitored: RBI Governor Sanjay Malhotra
Published: April 22, 2026 06:02
The RBI Governor was speaking at a round-table hosted by Consulate General of India in New York on April 20
Tim Cook put down the roots in India Apple was bullish on
Published: April 22, 2026 00:33
As Apple’s CEO during a time of dramatic smartphone growth in India, he leaves successors a market he knew wouldn’t flourish in his time, and paves way for future generations of leadership
SBI seeks review of SC verdict that 'spectrum' does not count as an asset in IBC proceedings
Published: April 21, 2026 20:30
The court had held that the mere grant of spectrum under a licence did not mean a complete transfer of a finite natural resource from the Union government to a TSP
India’s March oil imports dip on West Asia war, Russian volumes hit record high: data
Published: April 21, 2026 16:35
Due to lower imports from the region, the share of OPEC’s oil in India’s overall imports declined to the lowest ever of 29%
Rajasthan refinery fire to have no material impact on financials: HPCL
Published: April 21, 2026 15:24
In its latest communication to the exchanges, HPCL informed that no other section of the refinery suffered any impact
Tim Cook to step down as Apple CEO as hardware chief John Ternus takes over
Published: April 20, 2026 21:39
Mr. Cook, who has led Apple since 2011, will become the company’s executive chairman
Oil prices, stocks climb as U.S.-Iran standoff keeps Strait of Hormuz in limbo
Published: April 20, 2026 05:20
U.S. benchmark crude gained 5.6% to $87.20 a barrel, while Brent crude, the international standard, was up 5.3% at $95.16 a barrel.
India’s crude oil imports declined nearly 17% in March, says data
Published: April 19, 2026 13:37
Amidst India’s push for piped gas, LNG imports increased 20.5% in March.
ICICI Bank Q4 net profit up 9% at ₹14,755 crore, provisions decline sharply
Published: April 18, 2026 11:13
In the reporting quarter, the bank posted an 8.4% increase in the core net-interest income to ₹22,979 crore
HDFC Bank Q4 net profit rises 8% to ₹20,351 crore
Published: April 18, 2026 11:10
For the reporting quarter, its total income rose to ₹89,809 crore in the January-March 2026 period
AMFI spent nearly 90% of investor awareness fund on digital media campaign
Published: April 18, 2026 10:44
AMFI is registered as a Section 8 company or a non-profit organisation with the MCA, and it is mandated that they file their annual returns
Texprocil refutes United States Trade Representative allegations on Indian cotton textile sector
Published: April 18, 2026 09:39
Responding to the ongoing Section 301 investigations, the Texprocil filed a submission on April 15 refuting the inclusion of India’s cotton textiles sector in both the investigations
Civil Securities case: U.S. SEC, Adanis jointly seek extension; propose revised schedule
Published: April 18, 2026 08:29
The SEC had sued Adani Group founder Gautam Adani and his nephew, Sagar, in November 2024, alleging they had misled investors by failing to disclose an alleged bribery scheme tied to Indian state officials
Meta targets May 20 for first wave of layoffs; additional cuts later in 2026
Published: April 17, 2026 20:39
Layoffs.fyi, a website tracking tech job cuts around the world, reported that 73,212 employees have lost their jobs so far this year
Coal Ministry launch 15th round of commercial mine auctions
Published: April 17, 2026 16:23
In the thirteen rounds of auctions thus far, a total of 135 coal mines have been auctioned off.
Banking FDI for nuclear power projects in the pipeline, says official
Published: April 17, 2026 16:19
Seema Jain, Member of Finance at the Dept of Atomic Energy (DAE) emphasised, overall, innovative financing measures would ensure financial space is made available to the sector.
PNGRB nears concluding of bids for four LPG pipelines
Published: April 17, 2026 16:03
The sou motu tendering of the LPG pipeline infrastructure forms part of PNGRB’s objective of doing away with road transportation of bulk LPG by 2030
Vedanta was never declared highest bidder for Jaiprakash Associates: RP to NCLAT
Published: April 17, 2026 11:24
Senior Advocate Abhishek Manu Singhvi, appearing for the Resolution Professional (RP), said to the tribunal that the case presented by the mining group was "completely without foundational facts."