Rupee Falls 11 Paise to 94.95 Per Dollar in Early Trade
The Indian rupee depreciated 11 paise to 94.95 against the US dollar in early trade on Monday, tracking weak domestic equities and sustained foreign fund outflows.
Category : Business
Stock Picks by Sudeep Shah: Yatharth Hospital and Gujarat Ambuja
Sudeep Shah of SBI Securities recommends Yatharth Hospital and Gujarat Ambuja Exports as top stock picks. Nifty faces resistance at 24300, support at 23800. Bank Nifty critical at 54400.
Market Opens Strong: Sensex Surges 343 Points, Nifty Above 24,050
Indian stock markets opened positively with Sensex gaining 343 points and Nifty crossing 24,050. Crude oil prices remained steady as investors eye assembly election results.
Nifty50 Tops 24,100, Sensex Surges 573 Points on Oil Dip, Trump Aid
Indian stock markets opened strong on Monday as crude oil prices fell and US President Donald Trump offered help for ships in the Strait of Hormuz, with Nifty50 crossing 24,100 and Sensex gaining over 500 points.
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Oil Prices Dip Slightly but Stay Above $100 Amid Iran Tensions
Crude oil prices edged down on Monday but remained above $100 per barrel as US-Iran talks deadlock and Strait of Hormuz disruptions persist.
Global Oil Supply Gap of 4.8 mbpd May Boost OMCs Margin
A global crude oil supply gap of 4.8 million barrels per day could lead to demand destruction and improve margins for oil marketing companies, according to a report.
Granules, UltraTech Cement Top Stock Picks by Motilal Oswal
Motilal Oswal Wealth Management recommends Granules India and UltraTech Cement as top stock picks for the week starting May 4, 2026, with upside potential of 17% and 19% respectively.
5 Booming Real Estate Hotspots in MMR in 2026
Explore five booming real estate hotspots in the Mumbai Metropolitan Region (MMR) including Navi Mumbai, Goregaon, Kanjurmarg, Panvel, and Thane, driven by infrastructure growth and demand.
Delhi Schools Ordered to Collect Fees Monthly, Not in Advance
The Directorate of Education in Delhi has directed all private unaided schools to collect fees on a monthly basis, prohibiting advance or lump-sum payments to ease financial burden on parents.
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Rohit Jain Appointed RBI Deputy Governor (04.05.2026)
Rohit Jain has been appointed as RBI Deputy Governor, succeeding T Rabi Sankar. His role includes preparing banks for cybersecurity risks, as highlighted in his past speeches.
New Labour Codes Reduce Net Salaries: Companies Issue Explainer
New labour codes lead to moderate dip in take-home salaries as PF and gratuity contributions rise. Companies like SAP India offer one-time uplift to offset reduction.
Stock markets guided by state polls, crude oil this week
Stock markets this week will be influenced by state election outcomes and high crude oil prices amid West Asia tensions, say analysts. Key earnings and macro data also in focus.
India to Become Top 5 Market for Nestlé in 5 Years
Nestlé India aims to break into top five global markets in five years, driven by scale, demographics, and growth. CMD Manish Tiwary discusses Q4 performance, input costs, and demand outlook.
Tata Trusts Face Internal Rift Over IPO and Director Appointments
Tata Trusts' boardrooms face a May 8 meeting to review nominee directors amid a debate over Tata Sons' IPO, with Noel Tata opposing and Venu Srinivasan favoring listing.
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Air India CEO Race Narrows to Four Candidates
The selection for Air India's next CEO has narrowed to four candidates, including Nipun Aggarwal and Vinod Kannan. The board may meet on Thursday to decide, as delays impact the airline's turnaround.
Morgan Stanley, Jefferies, HSBC, JP Morgan, Nomura: Stock Ratings
Morgan Stanley maintains overweight on Bajaj Finance; Jefferies rates Navin Fluorine buy; HSBC bullish on IIFL Finance; JP Morgan neutral on Federal Bank; Nomura buys Waaree Engineering.
Chabbewal Assures Support for MSMEs, Outlines Govt Initiatives
Punjab Minister Chabbewal assures full support for MSMEs, highlighting government schemes like MSME Databank and single-window clearance to boost industrial growth.
Kochi Corp Begins Municipal Bond Process for Fundraising
Kochi corporation has started preliminary steps to issue municipal bonds to raise funds for development projects, with Sebi approval and ministry support.
Gas Pipeline Work Delays Trigger Traffic Jams in Pune
Ongoing gas pipeline work on Pune-Solapur Road has reduced carriageway width, causing severe traffic congestion. Commuters and activists criticize slow progress, while officials cite underground utility challenges.
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BWSSB collects Rs 1,215 crore under OTS scheme
The Bangalore Water Supply and Sewerage Board has collected Rs 1,215 crore from defaulters under its one-time settlement scheme, providing relief to thousands of consumers.
Worker Electrocuted While Operating Power Loom in Namakkal
A 40-year-old power loom worker, M Raja, was electrocuted while operating a machine at a unit in Kumarapalayam, Namakkal district. Despite reporting electric shocks, he continued working and collapsed. Police have registered a case.
Tirupur Yarn Prices Surge ₹41 in Five Months
Yarn prices in Tirupur have risen ₹7 in May, totaling ₹41 in five months, driven by cotton and crude oil costs. Garment manufacturers face pressure.
BDA to Auction 75 Sites Across Key Layouts
The Bangalore Development Authority will auction 75 residential and commercial sites across major layouts like Anjanapura, Arkavathy, and Kempegowda Layout.
Woman Arrested for Cheating Youth of Rs 63,380
Medical college police in Thiruvananthapuram arrested a 25-year-old woman for allegedly cheating a youth of Rs 63,380 by promising to secure him an EMT job at a private hospital.
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Chandigarh Admin Proposes Punjab Right to Business Model
The Chandigarh Administration has proposed adopting the Punjab Right to Business model to streamline business processes, reduce red tape, and improve ease of doing business in the city.
Gujarat Healthcare Consolidation Surges with Mergers and Acquisitions
Gujarat's private healthcare sector is witnessing a strong wave of consolidation, with mergers, acquisitions and operational tie-ups accelerating across key cities like Ahmedabad, Vadodara and Surat.
Five Startup Ideas Get Rs 6 Lakh Funding at SPU Pitching
Five out of seven startup ideas were selected for funding under the SPU-SSIP-Navadhara initiative at Sardar Patel University, with total assistance of Rs 6 lakh.
Ludhiana Civic Body Eyes Commercial Property Auction for Revenue
Ludhiana's cash-strapped municipal corporation plans to auction commercial properties across the city to generate funds, targeting Rs 50 crore in the 2026-27 budget.
Markets May Consolidate with Positive Bias
Indian markets showed resilience with Nifty Midcap 100 up 0.7% and Nifty Smallcap 100 up 2.5%. Analysts expect consolidation with positive bias.
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GU Approves Deficit Budget of Rs 48.8 Crore in Final Meet
Gujarat University's board of management and executive council held their final meeting, approving a deficit budget of Rs 48.8 crore for 2026-27 and new academic courses.
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