Ola Electric announced on Wednesday that its fourth-quarter loss was smaller as the electric scooter maker focused on cost-cutting amid growing competition in India’s fast-growing electric two-wheeler sector. The EV…
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Miniratna defence PSU Bharat Dynamics sets board meeting date to declare Q4 results, final dividend for FY26
Miniratna defence PSU is set to announce its January-March quarter (Q4) results for the financial year 2025-26 (FY26) next week, according to an exchange filing shared by the company on…
Sensex, Nifty close higher despite rupee hitting fresh record low amid Iran war worries
Stock markets ended marginally higher on Wednesday, recovering from intraday weakness with support from heavyweights like Reliance Industries, even as a falling rupee, elevated crude oil prices and global uncertainty…
Rupee hits record low near 97/USD on oil, US Treasury yield strain
The Indian rupee fell to a record low on Wednesday as stalled U.S.-Iran peace talks kept oil prices elevated, driving global bond yields higher and hurting equities amid fears of…
Lower Russian purchases by RIL & Nayara pulls down India’s crude oil imports in April: CREA
India’s overall crude oil imports declined on a monthly basis in April 2026 as Reliance Industries (RIL) and Nayara Energy Ltd limited their Russian purchases after the world’s third-largest consumer…
BPCL taps US LPG spot market for first time amid Gulf supply disruption
New Delhi: India’s efforts to diversify LPG supplies have gained momentum after state-run Bharat Petroleum Corporation Ltd (BPCL) made its first-ever spot purchases from the American market, a top company…
Alembic Pharma bets on branded drugs in the US
Alembic Pharmaceuticals Ltd is expanding its branded speciality drugs portfolio in the US as part of a ‘twin engine play’ to boost growth in the market as generic pricing pressure…
‘Future of Standard Chartered depends on talent’: CEO tells staff after ‘lower-value human capital’ comment backfires
Bill Winters, the CEO of Standard Chartered, on Wednesday, addressed the bank’s staff to mitigate the fallout from his recent comments on the potential replacement of human workers by artificial…
Air India group active fleet shrinks while rivals expand summer capacity
New Delhi: Air India is cutting domestic and international capacity this summer, flying up to 5% fewer flights on domestic routes and nearly 40% less on international corridors compared with…
Only 8% of Atal Pension Yojana’s subscribers opt for ₹5,000 monthly slab; 87% choose minimum sum of ₹1,000
About 87% of Atal Pension Yojana’s subscribers have opted for the minimum assured sum of ₹1,000 per month, while only a little over 8% have chosen the highest slab of…