ICRA upgrades Vedantas credit rating to AA+, the highest rating over a decade
INDIA BUSINESS | Wed, 27 May 2026, 8:18PM IST
The agency also reaffirmed the Groups short-term rating atthe highest category ofA1+
Continue reading at The Hindu
12m
LIC launches revamped Jeevan Sathi policy
INDIA BUSINESS | Wed, 27 May 2026, 8:10PM IST
LIC has introduced a new Jeevan Sathi plan. This plan provides both savings and protection. It is a joint life policy covering a married individual and their spouse. The minimum sum assured is Rs 3,00,000. The minimum entry age is 18 years. The maximum entry age depends on the chosen plan option.
Continue reading at Economic Times
20m
India races to secure fertilisers as crucial sowing season approaches amid war disruptions
INDIA BUSINESS | Wed, 27 May 2026, 8:08PM IST
India is seeking to boost its fertiliser reserves for the upcoming kharif sowing season by floating tenders for 1.7 million tonnes of urea to counter global supply chain issues. These disruptions stem from ongoing conflicts in West Asia, impacting natural gas and ammonia availability.
Continue reading at Economic Times
22m
Global Stocks: European chipmaker X-FAB shares soar on social media post
INDIA MARKET | Wed, 27 May 2026, 8:06PM IST
Retail flows appeared to dominate activity, with X-FAB among the most traded stocks on Germany's Tradegate platform, ranking second behind U.S. chipmaker Micron Technology and ahead of Germanys Infineon.
Continue reading at Economic Times
24m
Indias Gold Import Problem May Already Have A Solution At Home
INDIA BUSINESS | Wed, 27 May 2026, 8:03PM IST
India's massive gold imports are prompting a shift in consumer behaviour. Families are now exchanging old jewellery, unlocking dormant value. Organised brands are expanding gold exchange programs, making purchases more transparent. This trend helps reduce reliance on new gold imports. Indians are not giving up gold but are using their existing holdings more wisely.
Continue reading at Economic Times
27m
Zydus Lifesciences hikes share buyback price to Rs 1,260 per share, lowers share count
INDIA MARKET | Wed, 27 May 2026, 8:01PM IST
Zydus Lifesciences increased its share buyback price to Rs 1,260 per share while reducing the repurchase size to 87.3 lakh shares. The total buyback outlay remains Rs 1,100 crore. The pharma stock has outperformed benchmark indices over the past one year with a 19% rally.
Continue reading at Economic Times
29m
Ferraris First Electric Car Runs Into Backlash in Italy and Beyond
GLOBAL NEWS | Wed, 27 May 2026, 7:57PM IST
Memes mocked the new model, analysts questioned its appeal and investors sold the automakers stock. A former Ferrari chairman warned of the destruction of a legend.
Continue reading at The New York Times
33m
SBI to combine branches, digital platforms for omni-channel banking
INDIA BUSINESS | Wed, 27 May 2026, 7:51PM IST
Aspires to emerge as India's leading wealth architect, says Chairman Setty
Continue reading at Business Standard
39m
Out-of-pocket expenditure share declines by 21 percentage points from 2013-14: Health ministry
INDIA BUSINESS | Wed, 27 May 2026, 7:47PM IST
Government health spending has risen, leading to a significant drop in out-of-pocket health expenses. This decline, from 64.2% in 2013-14 to 43.4% in 2022-23, shows improved access to healthcare. Initiatives like Ayushman Arogya Mandir provide free services, reducing household financial burdens.
Continue reading at Economic Times
44m
RR Vs SRH Live Score, IPL 2026 Eliminator: Jaiswal, Sooryavanshi Give RR Flying Start In Powerplay
INDIA MARKET | Wed, 27 May 2026, 7:41PM IST
File image of Sunrisers Hyderabad (SRH) captain Pat Cummins and Rajasthan Royals (RR) skipper Riyan Parag.
Continue reading at NDTV
49m
Siddaramaiah has decided to resign: Insider
INDIA NEWS | Wed, 27 May 2026, 7:34PM IST
Bengaluru: Senior Congress MLA and Chairperson of the Administrative Reforms Commission R V Deshpande on Wednesday said that Chief Minister Siddaramaiah told him he had decided to resign.The former minister, who met Siddaramaiah at his residence, said that when some MLAs insisted he should not resign, the CM replied that he had given his word to the high command and would respect it.According to sources, a number of ministers and legislators met Siddaramaiah at his residence and held discussions with him.They insisted he should not resign and said they would discuss the matter with the party high command.As per reports, some even suggested the matter be discussed at a legislature party meeting, but Siddaramaiah did not respond positively to any such suggestions.Also read | ED raid on ex-Kerala CM Pinarayis house sparks protests in Kerala, Delhi"I was with the CM. He said, 'I have decided to resign.' He has decided to resign. I did not question him about why he was resigning. We tried to persuade him, saying, 'Why don't you continue?'" Deshpande said.Speaking to reporters, he said the CM may resign on Thursday or the day after."We said the decision was a surprise to us, but he said, 'No, I have decided to resign.' The MLAs who were there wanted him to continue, but he said he had given his word to the high command and would respect it. I told him it would be better if he continued, but he said he has committed to the high command and is therefore resigning," he added.Stating that he asked Siddaramaiah why he was resigning, Deshpande said the CM responded that discussions had taken place in Delhi."I told him that he should continue, but he has to decide," the MLA said in response to a question.Asked whether he would be a minister in the new cabinet under D K Shivakumar, the senior MLA said that if Shivakumar is chosen as CM, it is for him and the high command to decide.Asked whether the CM was in a sad mood, he said, "No... why sad?"Among those who met the CM on Wednesday were ministers H C Mahadevappa, Zameer Ahmed Khan, Eshwar Khandre, Santosh Lad and K J George, and MLAs Nanjegowda, B Nagendra, Umesh Meti, A S Ponnanna and Saleem Ahmed, among others.Intense speculation is rife that Siddaramaiah will announce his resignation as CM in a couple of days, most likely on Thursday, to make way for his deputy D K Shivakumar.Also read | AIADMK factions patch up, withdraw MLAs disqualification pleasHe has sought time from the governor and is hosting a breakfast meeting with his cabinet colleagues on Thursday at his official residence.This follows reports that the Congress high command asked Siddaramaiah to make way for a leadership change in the state, offering him a central role in the party, including a Rajya Sabha seat.Siddaramaiah is said to have not accepted the offer immediately.
Continue reading at Economic Times
56m
Indian banks more exposed to West Asia crisis among APAC region: Moody's
INDIA BUSINESS | Wed, 27 May 2026, 7:29PM IST
Indian banks face significant exposure due to energy import reliance. Higher fuel costs will strain consumers and businesses, increasing credit stress. Non-bank lenders with unsecured retail loans are particularly vulnerable. Despite these pressures, Indian banks possess strong capital buffers.
Continue reading at Economic Times
1h
US trade officials to visit India next week to advance bilateral trade pact
INDIA NEWS | Wed, 27 May 2026, 7:26PM IST
A US delegation led by chief negotiator Brendan Lynch will visit India from June 1-4 to advance negotiations on the proposed bilateral trade agreement
Continue reading at Business Standard
1h
8th Pay Commission Delay: Central Govt Employees Likely To Lose Out On HRA, TPTA Arrears
INDIA MARKET | Wed, 27 May 2026, 7:25PM IST
The 8th Pay Commission will hold deliberations with various stakeholders in the months to come.
Continue reading at NDTV
1h
Iran says 'low' possibility of return to war
INDIA NEWS | Wed, 27 May 2026, 7:18PM IST
Tehran: Iran's Revolutionary Guards said on Wednesday that a return to war with the United States was unlikely, but warned the Islamic republic stood ready to respond to any attack.The statement came a day after Iran accused the US of breaching the ceasefire in place since April, and warned it was prepared to retaliate following the most serious strikes since the truce took effect.In Lebanon, where a truce has done little to halt the violence in Israel's war with Hezbollah, Israeli strikes killed 31 people on Tuesday, according to the Lebanese health ministry.The Middle East war erupted in late February with US-Israeli strikes on Iran, spreading swiftly across multiple fronts and engulfing the region, while throwing global energy markets into chaos.Also read | Exceptionally early heat wave shatters records and brings deaths in EuropeMohammad Akbarzadeh, deputy political chief of the Islamic Revolutionary Guard Corps Navy, said that while the likelihood of returning to "war is low because of the enemy's weakness, the armed forces are lying in wait with full magazines".He went on to warn that the military would turn the area along Iran's coastline "into a graveyard for aggressors", in quotes carried by the Tasnim news agency.Tehran's intelligence ministry, meanwhile, said that the US and Israel were still seeking to overthrow the Islamic republic and partition Iran.The ministry said it had evidence that they would smuggle "various weapons, ammunition and illegal communication tools, especially Starlink" satellite internet devices, into Iran to foment religious and ethnic divisions and carry out sabotage missions.Oil prices dropIran and the US have for weeks been engaged in a war of words as they try to negotiate a deal, with mediation efforts led by Pakistan.With no clear winner in the war, neither side appears ready to compromise on the key sticking points, which include the Strait of Hormuz and Iran's nuclear programme.Also read | China asks Quad to stop meddling in maritime affairs in its neighbourhoodIran blockaded the strait, which is vital to global energy flows, in retaliation for the war, while the US responded with a counterblockade of Iranian ports.On Wednesday, the Revolutionary Guards' navy insisted that only ships "willing to abide by Iranian order" would be allowed to pass through the waterway.US Secretary of State Marco Rubio had said on Tuesday that a peace deal remained within reach, but that the Strait of Hormuz would be reopened "one way or the other".Oil prices, which are still well above pre-war levels, fell Wednesday on rekindled hopes for progress in the US-Iran talks, with international benchmark Brent North Sea crude dropping five percent to $94.61 a barrel.'Will there be missiles?'The Iranian authorities partially restored access to the global internet on Tuesday, after a three-month shutdown."I do feel better now because I finally can use my favourite applications," said Hana, a 20-year-old student in Tehran who gave only her first name."At the same time, I have this concern that war might resume any minute and just cut me off again from my friends."Amir, a 27-year-old software developer in the Iranian capital, also said he feared renewed fighting."I feel like nothing is certain yet, even though the ceasefire is still ongoing and there is news of a possible agreement. But the daily question is, will there be missile strikes tonight?"There have been flare-ups during the ceasefire, with the most recent coming overnight Monday to Tuesday, when the US military said it launched "self-defence strikes", while providing few details. Iran's foreign ministry accused Washington of a "gross violation of the ceasefire".In a statement marking the start of the Eid al-Adha holiday, Tehran's supreme leader Ayatollah Mojtaba Khamenei declared Washington was losing its influence in the Middle East and warned countries in the region to stop hosting bases from which the US could launch attacks.The United States, he said in a written statement, "in addition to no longer having any safe haven in the region for aggression and the establishment of military bases, is moving further and further away from its former position with each passing day".Dozens dead in LebanonIn southern Lebanon, Israel carried out strikes on Tuesday that Beirut's health ministry said killed 31 people, including at least four children.An AFP correspondent at one strike site near the city of Tyre saw rescue workers removing debris on Wednesday and carrying a white body bag from the rubble, which was strewn with household items like rugs and cushions.Iran has demanded that any peace accord apply to Lebanon, where an April 17 truce has failed to stop fighting that began when militant group Hezbollah attacked Israel in early March.Israeli Prime Minister Benjamin Netanyahu on Monday vowed to "crush" Hezbollah, and an Israeli military official told AFP the following day that the country's forces were expanding their ground operations deeper inside Lebanon.Hezbollah said its fighters clashed with Israeli forces "at point-blank range" on Wednesday in a strategically significant town north of the Litani River, just beyond an Israeli-declared "yellow line" in south Lebanon where its troops have been operating.
Continue reading at Economic Times
1h
ICC Rankings: Bangladesh Surge After Pakistan Whitewash, India Stay Third
INDIA MARKET | Wed, 27 May 2026, 7:18PM IST
Bangladesh's historic Test series victory over Pakistan boosted several players in the ICC rankings.
Continue reading at NDTV
1h
INDIA MARKET | Wed, 27 May 2026, 7:17PM IST
Cummins India, Physicswallah, GMR Airports, Gillette India, Bata India among companies to report earnings today.
Continue reading at NDTV
1h
Govt to exercise greenshoe option after Coal India OFS draws Rs 19,000 crore bids on first day
INDIA MARKET | Wed, 27 May 2026, 7:17PM IST
Strong institutional demand prompted the government to exercise the oversubscription option in Coal Indias offer-for-sale. Investors placed bids worth around Rs 19,000 crore on the first day, while the government expanded the issue size to 2% amid continued interest in the dividend-paying PSU stock.
Continue reading at Economic Times
1h
RIR Power Electronics secures order from overseas customer
INDIA MARKET | Wed, 27 May 2026, 7:16PM IST
For supply of 120 units of its 5kV silicon-controlled rectifier (SCR) thyristors
Continue reading at Business Standard
1h
Bata India Q4 Results: Profit Falls 95% As One-Time Loss Weighs; Dividend Declared Check Record Date
INDIA MARKET | Wed, 27 May 2026, 7:15PM IST
Consolidate revenue of Bata India advanced by 5% year-on-year for the three months ended March, reaching Rs 828 crore in comparison to Rs 788 crore.
Continue reading at NDTV
1h
US Stock Market Today: S&P 500, Nasdaq Edge Higher As Oil Retreats; Micron Rockets Another 6%
INDIA MARKET | Wed, 27 May 2026, 7:15PM IST
Iran has reportedly committed to restore the number of ship transits through the Strait of Hormuz to pre-war levels within one month if the United States removes their naval blockade and withdraws military forces from the country's vicinity.
Continue reading at NDTV
1h
PhysicsWallah Q4 Results: Losses narrow 74% YoY to Rs 75 crore as revenue jumps 51%
INDIA MARKET | Wed, 27 May 2026, 7:14PM IST
PhysicsWallah sharply reduced its quarterly and annual losses in FY26 as revenue growth accelerated through disciplined scaling and AI-led efficiency. The ed-tech company reported strong EBITDA expansion, rising paid users and wider physical presence, while strengthening its path toward sustained profitability and technology-driven growth.
Continue reading at Economic Times
1h
US stocks today: US stocks open higher on AI optimism, Mideast truce hopes
INDIA MARKET | Wed, 27 May 2026, 7:05PM IST
Wall Street opened marginally higher, supported by continued momentum in artificial intelligence and semiconductor stocks. Investor sentiment remained cautiously positive amid signs of progress in U.S.-Iran negotiations. Gains in major indexes were modest, reflecting a balance between tech-led optimism and lingering geopolitical uncertainty in global markets.
Continue reading at Economic Times
1h
Tata Elxsi launches AnaTel, an AI native software development platform
INDIA MARKET | Wed, 27 May 2026, 7:04PM IST
For healthcare and medical technology companies
Continue reading at Business Standard
1h
OIL Green Energy signs JV agreement with Hindustan Waste Treatment
INDIA MARKET | Wed, 27 May 2026, 7:04PM IST
To collaborate on integrated bioenergy and sustainable waste management projects in India
Continue reading at Business Standard
1h
YouTuber Kim Se-ui Arrested In Actor Kim Soo-hyun Scandal; Police Claim AI-Edited Evidence
INDIA MARKET | Wed, 27 May 2026, 7:01PM IST
South Korean YouTuber Kim Se-ui
Continue reading at NDTV
1h
Global Supply Shortages Deepen as War Drags On, Risking Jobs and Growth
GLOBAL NEWS | Wed, 27 May 2026, 6:58PM IST
After three months, the fallout of the closure of the Strait of Hormuz is spreading, with developing countries bearing the brunt of the shortfall.
Continue reading at The New York Times
1h
How an extension of Gurugram is becoming Delhi NCRs next real estate hotspot
INDIA BUSINESS | Wed, 27 May 2026, 6:58PM IST
Sohna is rapidly transforming from an emerging extension of Gurugram into a fast-growing housing market within Delhi NCR. Improved infrastructure, including the Delhi-Mumbai Expressway, and shifting buyer preferences for larger homes and better quality of life are driving this significant residential and investment growth.
Continue reading at Economic Times
1h
US To Exit Persian Gulf, End Hormuz Blockade Under Draft MoU, Iran State TV Reports
INDIA MARKET | Wed, 27 May 2026, 6:55PM IST
As per the report, Military vessels are not included in the draft agreement.
Continue reading at NDTV
1h
HDFC Bank denies inappropriate payments allegation, shares fall
INDIA BUSINESS | Wed, 27 May 2026, 6:54PM IST
HDFC Bank rejected allegations of inappropriate payments to a Maharashtra government agency as its shares declined amid renewed scrutiny over governance concerns
Continue reading at Business Standard
1h
Brent Slumps 5%, US Crude Below $90 As Iranian Media Hints At Likely End To Hormuz Deadlock
INDIA MARKET | Wed, 27 May 2026, 6:53PM IST
The draft for the peace deal has been reportedly accessed by Iranian State TV.
Continue reading at NDTV
1h
Major Rail Disruption in June: 77 Trains Cancelled Across Multiple States
INDIA MARKET | Wed, 27 May 2026, 6:51PM IST
The disruption will impact train operations across West Bengal, Maharashtra, Gujarat, Madhya Pradesh, Chhattisgarh, Jharkhand, and Odisha, among other regions.
Continue reading at NDTV
1h
Air India, IndiGo remove over 250 daily flights from domestic routes
INDIA BUSINESS | Wed, 27 May 2026, 6:48PM IST
Move will further raise airfares; airlines also reporting weakening travel sentiment
Continue reading at The Hindu
1h
Karnataka plans sops for data centre cooling solution providers
INDIA MARKET | Wed, 27 May 2026, 6:47PM IST
The Karnataka government is considering incentives for firms developing sustainable data centre technologies, including low-water cooling systems and renewable energy integration
Continue reading at Business Standard
1h
BPs Former Chairman, Albert Manifold, Disputes How Company Characterized His Dismissal
GLOBAL NEWS | Wed, 27 May 2026, 6:47PM IST
Albert Manifold, who was abruptly fired less than a year after he was appointed, said he was let go without explanation.
Continue reading at The New York Times
1h
INDIA BUSINESS | Wed, 27 May 2026, 6:44PM IST
IDFC First Bank has successfully secured a substantial allocation of over Rs 500 crore from the Credit Guarantee Fund for Micro Units. This funding is targeted at eligible microfinance loans and is expected to enhance the bank's financial performance by allowing it to reverse previously set aside provisions for defaults.
Continue reading at Economic Times
1h
Reliance Industries Announces AGM Date Amid Focus On Jio IPO; Declares Record Date For FY26 Dividend
INDIA MARKET | Wed, 27 May 2026, 6:42PM IST
The AGM will be held through video conferencing and other audio-visual means at 2 p.m. on June 19.
Continue reading at NDTV
1h
MedTherapy bets on low-cost CAR-T manufacturing with Noida CDMO push
INDIA BUSINESS | Wed, 27 May 2026, 6:41PM IST
Boston-headquartered MedTherapy Biotech is expanding its India manufacturing footprint while preparing clinical trials for a lymphoma-focused CAR-T therapy with Cipla
Continue reading at Business Standard
1h
Oil prices drop 5% on hints at Iran reopening shipping through Strait of Hormuz; Brent below $95
INDIA COMMODITIES | Wed, 27 May 2026, 6:34PM IST
Oil prices plunged Wednesday on rekindled hopes for progress in US-Iran talks aimed at ending the war in the Middle East.
Continue reading at Economic Times
1h
FinMin to meet chiefs of PSU banks on Fri to review credit flow to agri, MSME sectors
INDIA BUSINESS | Wed, 27 May 2026, 6:33PM IST
Public sector banks posted record profits of Rs 1.98 lakh crore in the financial year ended March 2026. The finance ministry will meet bank chiefs to review performance and credit flow to agriculture and MSMEs. Discussions will also cover regional rural banks, digital frauds, and recovery mechanisms. This meeting follows a period of strong profitability and business growth for PSBs.
Continue reading at Economic Times
1h
MFI portfolio drops 9% YoY to Rs 3.34 trillion as of April 2026: Equifax
INDIA BUSINESS | Wed, 27 May 2026, 6:31PM IST
India's microfinance sector saw slower loan growth and disbursements in FY26, though asset quality improved sharply amid tighter underwriting and credit monitoring
Continue reading at Business Standard
1h
more