ATF for international flights slashed 27%, commercial LPG up Rs 42
Public sector oil firms cut international ATF prices by nearly 27% to $1,103/kl, offering relief to airlines. Commercial LPG cylinder price hiked by Rs 42 to Rs 3,113.5 in Delhi.
Category : Corporate News
Entry-Level IT Hiring Dips as Firms Seek Experience
Entry-level IT hiring in India has declined as companies now prefer experienced candidates, impacting fresh graduates. The shift is driven by automation and cost-cutting.
New Labour Code to Hike Maintenance Bills in NCR Societies
Due to new labour code increasing minimum wages, maintenance bills in NCR condominiums and gated societies are expected to rise by 20-30%, with manpower costs accounting for 70-85% of budgets.
Govt Infra Push Fails to Deliver Promised Economic Growth
India's infrastructure spending has surged, but private investment and employment remain stagnant, benefiting only large corporations.
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494 Urea Bags Seized in Sirsa; Probe into Black Marketing
Authorities seized 494 bags of subsidized urea in Sirsa, Haryana, suspected to be repackaged for illegal sale as technical-grade urea to an industrial unit in Kota, Rajasthan. A probe is underway.
Lucknow Property Dispute Leads to Contract Killing of Dealer
A dispute over a one-bigha plot worth Rs 60 lakh in Kakori led to the contract killing of property dealer Sandeep Singh. Police arrested rival realtor Dinesh Yadav and his driver Mubeen for conspiracy.
Nandan Nilekani Set for Third Term as Infosys Chairman
Nandan Nilekani, turning 71, is poised for re-election as Infosys non-executive chairman. His steady leadership since 2017 has driven revenue growth to $20 billion, but his third term faces challenges of succession and AI disruption.
4 New Assistant Engineer Offices Approved Under JVVNL
The Rajasthan government has approved four new assistant engineer offices under JVVNL in Jaipur and Sawai Madhopur, aiming to strengthen power infrastructure and improve consumer complaint resolution.
ED Arrests Real Estate Businessman in Rs 645 Crore Bank Fraud
The Enforcement Directorate arrested Vikram Wadhwa under PMLA in the IDFC Bank fraud case involving embezzlement of Rs 645 crore from government and school accounts.
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Srikakulam Police Arrest Two Burglars, Recover Rs 80 Lakh
Srikakulam district police arrested two interstate burglars from West Bengal, recovering Rs 80 lakh worth of gold, silver, cash, and a bike. The duo targeted locked houses after daytime reconnaissance.
Commercial LPG Prices Surge Rs 42 in Jaipur, Hotels Absorb Costs
Commercial LPG prices in Jaipur have increased by Rs 42 for a 19 kg cylinder, now costing Rs 3,141. Small vendors pass on costs, while hotels absorb them due to low tourist inflow. Distributors allege OMCs prioritize commercial sales over domestic supply.
US Manufacturing Growth to Slow as Stockpiling Fades
US manufacturing growth expected to cool as stockpiling ends and inflation pressures intensify, according to S&P Global report. May PMI hit 55.1.
IDFC First Bank Fraud: ED Arrests Third Accused in Rs 645 Crore
The Enforcement Directorate arrested real estate businessman Vikram Wadhwa in connection with a Rs 645 crore fraud involving IDFC First Bank accounts of Haryana Government, Chandigarh Administration, and two private schools.
Jet Fuel Under-Recovery at Rs 30/Litre; LPG Demand Managed
The government reports jet fuel under-recovery of Rs 30 per litre, LPG demand managed via booking timelines, and fuel sales surged over 30% in May 2026.
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US Stocks Near Records Despite Oil Spike; Nvidia Leads Tech Rally
US stocks traded near record levels on Monday as Nvidia's gains offset a rise in oil prices due to US-Iran tensions. The S&P 500 was flat, while the Dow slipped 130 points.
India starts 114 Rafale jet procurement for Rs 3.25 lakh crore
India formally initiates the acquisition of 114 Rafale fighter jets from France in a deal worth Rs 3.25 lakh crore, with most aircraft to be manufactured domestically under the Make in India initiative.
Girgaum Residents Plan Protest Over Late-Night Power Cuts
Residents of Girgaum, Mumbai, are planning protests after repeated late-night power outages disrupted sleep and caused water supply issues, with BEST citing cable faults.
Commercial LPG Hiked by Rs 42, Domestic Unchanged
Commercial LPG cylinder prices have been increased by Rs 42, while domestic cooking gas rates remain unchanged. The revision reflects global market trends.
Auditions India Grand Launch Party Held in New Delhi
Auditions India was officially launched in New Delhi by entrepreneur Raajveer Sharma in association with Filmgiants Pvt Ltd. The event gathered political leaders, IAS officers, celebrities, and business figures.
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Wipro to Buy 20% More Stake in Aggne Global for $28.5M
Wipro will acquire an additional 20% stake in Aggne Global for $28.5 million, increasing its ownership to 70%. The deal strengthens Wipro's consulting and digital services.
V.L. Infraprojects FY26 Revenue Crosses Rs 150 Cr, Profit Up 20%
V.L. Infraprojects reports strong FY26 results with total income of Rs 150.02 Cr, net profit up 19.94% to Rs 8.42 Cr, and order book crossing Rs 217 Cr.
Gold Declines ₹2,500 to ₹1.6 Lakh/10g on US-Iran Tensions
Gold prices dropped ₹2,500 to ₹1.6 lakh per 10g in India due to renewed US-Iran tensions and strong US dollar. Silver also declined.
Times Business Awards North 2026 Celebrates Regional Leaders
The Times Business Awards North 2026, organized by Optimal Media Solutions, celebrated organizations and individuals driving economic and social progress in North India. The ceremony featured a panel on AI in healthcare and honored over 40 awardees across
Why Checking RERA Registration Is Crucial Before Buying a Home
Before buying a home, ensure the project is RERA-registered to avoid fraud and delays. Learn how to verify registration and why it matters for legal protection.
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Simpolo Foundation Opens Dialysis Centre in Morbi for Affordable Care
Simpolo Foundation has inaugurated a new dialysis centre in Morbi, Gujarat, aiming to provide affordable and accessible kidney care to underserved communities in the region.
Sanjay Lohiya Assumes Charge as DFS Secretary
Sanjay Lohiya, a 1993-batch IAS officer, has assumed charge as Secretary of the Department of Financial Services, aiming to boost financial inclusion and strengthen the financial sector.
PayPal Co-Founder Peter Thiel Eyes Argentina as Backup Plan
Billionaire Peter Thiel reportedly buys home in Buenos Aires, enrolls kids in school, reflecting a trend among wealthy Americans seeking sovereign diversification and backup plans abroad.
Remal Appoints Adhikary as Lead for Business Development & Technical
Remal has appointed Ram Sandipam Adhikary as Lead for Business Development and Technical. He will drive growth and technical innovation for the company.
Reliance Foundation Rural Programme Reduces Poverty: ORF
A new ORF report reveals that Reliance Foundation's rural transformation programme has significantly reduced poverty, with more households moving upward economically.
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11th Zonal PNM Meeting of Metro Railway at Metro Rail Bhavan
The 11th Zonal PNM meeting of Metro Railway took place on May 13-14, chaired by GM Subhransu S. Mishra, with union representatives discussing workforce welfare and organizational development.
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