Demand Destruction Next Phase of Global Oil Shock: Report
A report warns that demand destruction could be the next phase of the global oil shock, as supply disruptions and high prices curb consumption worldwide.
Category : Business
PSB Performance Review Meeting Called by Finance Ministry
The finance ministry has called a meeting of PSB heads on May 29 to review credit flow to agriculture and MSMEs, financial performance, and banking operations amid the Middle East crisis.
HDFC Bank Denies Wrongdoing in Rs 45 Crore Payment to MSRDC
HDFC Bank refutes allegations of wrongdoing in a Rs 45 crore payment to MSRDC, causing a slight dip in its share price. The bank clarifies the payment was part of a legitimate transaction.
India's Gold Love Enters New Phase as Households Exchange Old Jewellery
India's gold imports hit a record $72.4 billion in 2025, but households hold 35,000 tonnes. Gold exchange programmes are gaining traction, reducing import dependence.
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Adani Group Recovers $150 Billion After Hindenburg Losses
Adani Group has made a remarkable recovery of $150 billion in market cap after losses from the Hindenburg report, signaling strong investor confidence.
Shrikant Verma's 40th Death Anniversary in Delhi
A memorial ceremony was held in New Delhi to mark the 40th solemn death anniversary of poet-politician Shrikant Verma, honoring his literary and political contributions.
Nutrimeow Enters Indian Cat Food Market to Address Nutrition Gap
Nutrimeow enters the Indian cat food market, offering affordable, high-quality nutrition to bridge the gap between premium and budget options for cat owners.
Infinity Group Presents Divinity Mall at Rai Summit 2026
Infinity Group presents Divinity Mall at the Rai North East Summit 2026, highlighting its retail and commercial potential in the region.
XM Launches Demo Trading Competition with $60K Funded
XM has launched the XM Funded League, a demo trading competition offering $60,000 in funded accounts. Participants can compete without financial risk and win real trading capital.
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Coal India Assures Ample Stock Amid Summer Power Demand Surge
Coal India assures sufficient coal stock of 168 million tonnes, enough for 19 days, amid high summer power demand. Thermal plants have 66% of normative stock, with 24 plants critical.
Contract workers get mandatory 2% salary hike under new rules
India's new labour code rules mandate a minimum 2% annual salary increment for eligible contract workers, aiming to protect long-term contract employees from wage stagnation.
Smart Tips for Faster Personal Loan Approval and Planning
Learn how to get faster personal loan approval with tips on credit profile, income documents, EMI planning, and choosing the right lender like Bajaj Finance.
Overcrowding on Mangaluru-Vijayapura Express Hits Reserved Coaches
Passengers on South Western Railway's Mangaluru Central-Vijayapura Express face overcrowding as unreserved travelers spill into reserved and AC coaches, causing safety and comfort issues.
IRTSA Proposes Different Fitment Factors for Railway Staff
IRTSA has proposed a separate fitment factor structure for railway employees under the 8th Pay Commission, ranging from 2.92 to 4.38, to better compensate technical and safety staff.
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Institutional Investors Bid Rs 19,000 Crore for Coal India
Institutional investors placed bids worth Rs 19,000 crore for Coal India shares on the first day of the government's offer for sale, subscribing over eight times the reserved portion.
Max Fashion Marks 20 Years with Toy Story Kids Festival
Max Fashion celebrates 20 years with the Max Kids Festival, inspired by Disney and Pixar's Toy Story, featuring activities, contests, and exclusive merchandise.
Oil India Subsidiary OGEL Partners for Bioenergy Projects
Oil India's subsidiary OGEL signs an agreement with Hindustan Waste Treatment to develop bioenergy projects, aiming to boost renewable energy production and reduce carbon emissions.
India's Next Big Distribution Network: Trust Networks
India's future distribution networks may rely on local trust networks rather than traditional retail, leveraging community ties for efficient last-mile delivery and market access.
Nicobar Opens New Store at DLF Midtown Plaza
Nicobar expands its presence in Delhi with a new store at DLF Midtown Plaza, Moti Nagar, offering a curated collection of home decor, fashion, and thoughtful gifts.
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Cabinet Clears Rs 25,530 Crore for Sarthak PDS Extension
The Union Cabinet has approved Rs 25,530 crore for the extension of the Sarthak PDS scheme for five years, aiming to strengthen food security and streamline distribution.
US Delegation to Visit India for Trade Talks on Interim Pact
A US delegation will visit India from June 1-4 for trade negotiations, focusing on an interim agreement and broader bilateral trade pact, according to a government official.
Air India to Cut 22% Domestic Flights Over ATF Prices
Air India announces 22% reduction in domestic flights due to skyrocketing ATF prices. The airline cites unsustainable operational costs as the primary reason for the cutback.
Bengaluru ATF Price Hike May Deter Domestic Flyers
The recent hike in aviation turbine fuel (ATF) prices in Bengaluru could lead to increased airfares, potentially dampening domestic travel plans and affecting the tourism sector.
Sensex Falls 142 Points, Nifty Flat Amid Mixed Global Cues
Indian equity markets ended mixed on Monday with Sensex down 142 points and Nifty flat, tracking mixed global cues amid concerns over interest rates and geopolitical tensions.
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Dr. AM Reddy Advocates Research, Child Development, Integrated Healthcare
Dr. AM Reddy emphasizes continued research, child development awareness, and integrated healthcare for better health outcomes.
Treefe Identity Leadership Meets, CTO Launches Expert Talk
Treefe Identity's leadership gathered at Mumbai headquarters to discuss strategic growth. The CTO unveiled a new Expert Talk feature aimed at enhancing user engagement and knowledge sharing.
Strong Buyer Turnout at Navbharat Niwas Event in Noida
Navbharat Niwas witnessed enthusiastic buyer participation at its Rajasthan projects event in Noida, showcasing premium residential offerings and attracting investors.
Markets Decline Second Day on Energy, Banking Selloff
Indian stock markets declined for the second consecutive session on Wednesday, with the Sensex falling 142 points, dragged by selling in energy and banking shares.
Cab, Auto, Airport Rides to Get Costlier in Bengaluru
Bengaluru commuters face higher fares for cabs, autos, and airport trips as platforms revise pricing. A basic MG Road to airport ride now costs up to Rs 894.
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Rupee Flat at 95.68 Against US Dollar
The Indian rupee closed almost unchanged at 95.68 against the US dollar on Tuesday, edging up 2 paise from the previous close amid mixed cues from global markets.
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