Transporters and taxi unions in Delhi-NCR continued their strike for a second day, protesting the environment compensation cess on commercial vehicles and rising fuel prices. The impact remained limited, with autos and taxis operating normally.
Cabs and autorickshaws operated normally in Gurgaon on Thursday despite a three-day strike by AIMTC over environmental compensation charge. Commuters faced no issues finding rides, with no surge pricing or shortage of vehicles.
Bajaj Broking Research recommends buying Garden Reach Shipbuilders (GRSE) and NBCC on May 22, 2026, with targets of ₹2918 and ₹101 respectively, citing technical support and bullish signals.
Tariq Premji, son of Wipro founder Azim Premji, purchased a luxury duplex penthouse in Bengaluru for Rs 45.7 crore, marking one of the city's largest residential deals this year.
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Gold prices are poised for a second consecutive weekly decline as the market remains range-bound due to US-Iran conflict uncertainty and high crude oil prices. Domestic gold rose Rs 600 to Rs 1,65,500 per 10 grams on Thursday.
SEBI has proposed changes to the pre-open price discovery mechanism to prevent artificial price suppression. The new rules aim for fairer price formation during the IPO listing process.
Finance Commission Chairman Arvind Panagariya tells RBI that the rupee's depreciation is natural and the current moment is right to let it adjust, calling Rs 100 a psychological number.
Authorities have uncovered over 60 illegal bleach houses operating on farmland in Panipat, raising environmental and health concerns. The units are polluting water and soil.
Stock market live updates: BSE Sensex and Nifty50 are set for a positive start on Friday. Analysts highlight key support and resistance levels amid high crude oil prices and US-Iran uncertainty.
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India is set to deliver 45 warships in 3-4 years and has received approval for 195 more naval vessels, boosting its fleet to 200 by 2035 amid rising Chinese threat.
LIC reported a 19.3% rise in standalone profit to Rs 57,419 crore for FY26, with a 41.6% surge in value of new business. Total premium income grew 9.8% to Rs 5,35,984 crore. Board declared 100% dividend.
Oil prices climbed on Friday amid uncertainty in US-Iran peace negotiations and ongoing concerns over supply disruptions through the Strait of Hormuz, with Brent crude rising 2.3% to $104.96 a barrel.
Adani Ports and SEZ will acquire 100% stake in Jaypee Fertilisers & Industries for Rs 1,500 crore as part of NCLT-approved resolution plan, strengthening inland logistics in North India.
LG Electronics India reported an 8.2% decline in net profit to Rs 692.7 crore for Q4 FY26, while revenue rose 8.1% to Rs 8,053.6 crore year-on-year.
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Zepto aims to launch its Rs 11,000 crore IPO in July 2025, joining rivals Zomato and Swiggy on stock exchanges after Sebi approval.
Goldman Sachs cut Jubilant Foodworks target to Rs 460. Nomura has a buy on BPCL with Rs 365 target. Morgan Stanley overweight on PI Industries. Nuvama upgrades Grasim. Motilal Oswal maintains buy on BEL.
Tata Sons chairman N Chandrasekaran will present a detailed roadmap for loss-making businesses like Tata Digital and Air India at a May 26 board meeting to address shareholder concerns and defuse tensions with principal shareholder Noel Tata.
Banks suggest RBI subsidise hedging costs to attract $30-50bn forex, including FCNR-B swaps and removal of withholding tax on debt investments.
India's informal sector employment grew 15% year-on-year to 15 crore in Jan-Mar 2026, with establishments rising 17% to 9.2 crore, driven by services and entrepreneurial activity.
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Maruti Suzuki will increase vehicle prices by up to Rs 30,000 from next month due to inflation and rising input costs. Other automakers may follow suit.
Amid a depreciating rupee, the Indian government is considering several measures to contain the widening current account deficit, with minister Piyush Goyal stating that all arms of the government are working as a team to address the challenging global si
The depreciating rupee is expected to provide short-term margin relief for Indian IT companies, though currency volatility remains a concern for the sector's outlook.
Karnataka CM Siddaramaiah announced that the state government will not reduce fuel taxes, citing revenue needs for welfare schemes. The decision comes amid rising fuel prices.
The Centre reports a surge in fuel demand due to bulk buyers shifting to retail pumps, driven by recent tax changes and lower prices at retail outlets.
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Faridabad police arrested a Mumbai couple for allegedly duping investors of Rs 3.1 crore in a forex investment scam. The accused promised high returns.
Delhi government proposes lifetime licences for weights and measures to reduce compliance burden and streamline trade operations across the capital.
A Rs 10 crore project has been approved to address waterlogging and sewer problems in Rohtak's Old Industrial Colony, benefiting residents with improved drainage and sanitation infrastructure.
Multiple companies are showing keen interest in acquiring land in the Sohna Industrial Township, signaling robust industrial growth in Haryana.
Amid geopolitical uncertainties and raw material cost pressures, India's leading tyre makers are investing over Rs 10,000 crore in FY27 to expand capacities, driven by robust demand from replacement and premium segments.
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Va Tech Wabag reported a 26% rise in consolidated PAT to Rs 370.5 crore for FY26, with EBITDA up 22% and revenue up 20%. Q4 PAT grew 29% to Rs 128 crore.
