LPG Shortage Hits Restaurants, Hostels; Govt Urges Calm

A shortage of commercial LPG cylinders disrupts food services in cities like Bengaluru, Mumbai, Pune, and Delhi, forcing eateries to close or adapt with alternative fuels. The government reassures domestic supply remains stable.

Musk on Trillion-Dollar Fortune & SpaceX IPO

Elon Musk clarifies his wealth stems from company ownership stakes, not cash, as SpaceX's potential $1.5 trillion IPO and Tesla's pay package could make him the first trillionaire.

Rupee Hits All-Time Intra-Day Low of 92.36 vs Dollar

The Indian rupee fell to a record intra-day low of 92.36 against the US dollar, driven by strong dollar demand and global economic uncertainties. This marks a significant depreciation amid market volatility.

Stellantis Prices €5B Bond After EV Strategy Reset

Stellantis has priced a €5 billion hybrid bond offering to strengthen its balance sheet, following €22.2 billion in impairments from scaling back its electric vehicle push due to slower-than-expected customer adoption.

Bombay HC Orders DGGI to Return Rs 1 Crore to Trader

The Bombay High Court has directed the GST intelligence agency to return Rs 1 crore seized from a trader's office and her parents' home, citing illegal seizure procedures and lack of authority under CGST Act.

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