From Woofs To Words: Chinese AI Pet Translator Claims 95% Accuracy; But There's A Catch
INDIA MARKET | Sun, 24 May 2026, 1:01PM IST
Meng Xiaoyi opened the window for pre-orders on May 1 ahead of its official retail launch and has garnered 10,000 reservations from international consumers.
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RInfra Q4 net profit falls to Rs 918 cr; company appoints Vijesh Babu Thota as CEO
INDIA MARKET | Sun, 24 May 2026, 12:54PM IST
Expenses, which include multiple components, increased to Rs 5,419.87 crore in the reporting period from Rs 4,827.97 crore in the corresponding quarter of FY25.
Continue reading at Economic Times
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Delhi Airports Terminal 2 could be phased out by 2033
INDIA BUSINESS | Sun, 24 May 2026, 12:50PM IST
Delhi Airport's Terminal 2 will close by 2033. Operator DIAL plans to expand Terminal 3 by adding a new pier. This expansion will accommodate all domestic flights currently using Terminal 2. The new pier will handle 1.2 crore passengers annually. This move is part of a new master plan for the airport. An automated people mover is also planned.
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Govt. expands verification of CNG, LNG, Hydrogen dispensers with new fees
INDIA BUSINESS | Sun, 24 May 2026, 12:44PM IST
The amendments empower State governments to notify additional categories of weights and measures for verification through GATCs under their respective Rules
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INDIA MARKET | Sun, 24 May 2026, 12:32PM IST
Disputing Trump's social media post Fars outlined that the Strait of Hormuz will remain under Iranian control according to the latest version of the proposal exchanged between the US and Iran.
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Cement makers expect 7-8% growth in FY27 despite West Asia headwinds
INDIA BUSINESS | Sun, 24 May 2026, 12:30PM IST
Indian cement companies anticipate strong growth of 7-8 per cent in FY27. Government infrastructure projects and housing demand are key drivers. Companies are increasing capital expenditure to support this expansion. Despite rising fuel costs and geopolitical concerns, the sector remains optimistic about its long-term growth trajectory.
Continue reading at Economic Times
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Patience Over Panic: Jeremy Granthams investment mantra for modern investors
INDIA MARKET | Sun, 24 May 2026, 12:29PM IST
Legendary investor Jeremy Grantham emphasizes discipline over excitement in volatile markets. He advises buying assets cheaply, staying patient through corrections, and avoiding excessive leverage. Grantham's timeless wisdom highlights that focusing on value and diversification, rather than chasing trends, is key to long-term success.
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INDIA BUSINESS | Sun, 24 May 2026, 12:27PM IST
In a strategic move to bolster energy security, Coal India is gearing up to establish new coal-to-syngas facilities strategically positioned at mine pitheads or close to industrial users. This initiative comes in light of recent global gas supply challenges, prompting the company to actively seek partnerships with developers and industrial off-takers for these innovative projects.
Continue reading at Economic Times
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INDIA MARKET | Sun, 24 May 2026, 12:23PM IST
Investors must hold shares of these companies in their demat accounts on the record date to be eligible for the respective corporate actions. The list remains tentative, as more companies may announce record dates for dividends, bonus issues and stock splits during the week.
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EaseMyTrip focused on long-term growth, strengthening business ecosystem: CEO
INDIA BUSINESS | Sun, 24 May 2026, 12:21PM IST
EaseMyTrip is focusing on long-term growth and strengthening its business. The company sees a strong appetite for domestic tourism in India. Recent acquisitions and investments in artificial intelligence are key to its strategy. EaseMyTrip is also involved in heritage site initiatives. The company aims to build a more integrated travel ecosystem for consumers.
Continue reading at Economic Times
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EaseMyTrip focused on long-term growth, strengthening biz ecosystem: CEO
INDIA BUSINESS | Sun, 24 May 2026, 12:13PM IST
Travel booking platform EaseMyTrip remains focused on long-term growth, operational agility, and strengthening its overall business ecosystem with recent acquisitions, according to CEO and Co-Founder Rikant Pittie.
In an interview to PTI, Pittie highlighted Indians' strong appetite for domestic tourism, with nearly 90 per cent of EaseMyTrip's revenue coming from the segment.
"Indian travellers today are showing far greater interest in cultural, spiritual, experiential and regional tourism within the country," Pittie said.
Asked about leadership changes in the organisation, with brothers Nishant and Prashant stepping down as CEO and Managing Director last year, Pittie said, EaseMyTrip continues to operate with a strong professional leadership structure, an experienced management team, and clear governance processes.
"Leadership role changes are part of the natural evolution of any growing organisation, and the company remains focused on long-term growth, operational agility, and ...
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Cricket fandom is already digital. Fan tokens could be the next mov
INDIA MARKET | Sun, 24 May 2026, 12:09PM IST
Think of these tokens as digital exclusive membership passes. Fans could buy them through Socios and unlock experiences tied to their favourite clubs like voting on smaller fan-facing decisions, accessing exclusive merchandise, participating in contests, earning rewards, or getting VIP experiences such as stadium tours and meet-and-greets.
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Adani overhang easing after US SEC case, funding may revive: Bernstein
INDIA BUSINESS | Sun, 24 May 2026, 12:08PM IST
Brokerage firm Bernstein said concerns surrounding the Adani Group following the 2023 short-seller episode and subsequent US regulatory developments now appear largely behind the group, potentially paving the way for a revival in foreign funding and broader investor participation.
In a report covering four listed Adani companies - Adani Ports and Special Economic Zone, Adani Green Energy, Adani Power and Ambuja Cements - Bernstein said many global funds had stayed away from the group pending clarity on US-related developments, leaving several stocks under-owned despite strong operational execution.
The report said the settlement of the US SEC case and moves by US prosecutors to drop charges against the group had removed a major overhang on Adani stocks, many of which still trade below pre-crisis levels despite a sharp recovery from earlier declines.
"The group has gone through two big events in the last 4 years - the short seller event in January 2023 and US SEC-DoJ related ...
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IPL 2026: Mumbai Weather Unlikely To Deny Rajasthan Royals In Must-Win Clash At Wankhede Stadium
INDIA MARKET | Sun, 24 May 2026, 12:05PM IST
15-year-old Vaibhav Sooryavanshi leads Rajasthan Royals' scoring charts this season with 579 runs.
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Coal India plans syngas production units as gas supply concerns rise
INDIA BUSINESS | Sun, 24 May 2026, 12:01PM IST
State-owned Coal India plans to set up coal-to-syngas production units either at pithead locations or adjacent to user industries such as fertiliser units, direct-reduced iron and gas-based power plants amid disruption in gas supplies due to the West Asia conflict, sources said.
Coal India Ltd (CIL), which accounts for over 80 per cent of domestic coal output, has already initiated steps to develop such coal-to-syngas facilities.
In line with the National Mission on Coal Gasification and the government's vision to enhance domestic chemical and feedstock security, CIL intends to set up coal-to-syn-gas facilities to cater to the market demand for syn-gas in gas-based power plants/DRI or fertiliser plants, sources said.
The company plans to develop such facilities either on Build-Own-Operate (BOO) or Build-Operate-Maintain (BOM) basis, with syngas to be produced from coal by developers or consortia, they said.
Syngas serves as a versatile feedstock for the production of clean fuels, .
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Hero MotoCorp eyes stronger market lead on new launches, e-scooter sales
INDIA BUSINESS | Sun, 24 May 2026, 11:55AM IST
Two-wheeler maker Hero MotoCorp is confident of strengthening its leadership with a double-digit growth in FY27, during which it expects to launch over 12 new products, according to its CEO Harshavardhan Chitale.
The company sees its scooters, which have witnessed strong demand for both internal combustion and electric versions, as one of the 'growth vectors' and expects over 50 per cent of its overall scooter sales to be electric by 2030, Chitale told PTI in an interview.
With low emission powertrains emerging as a trend across the industry, he said, Hero MotoCorp is also working on a variety of options "to stay ahead of the curve" as a market leader.
"So far we are leading, and we hope we continue to do so going forward," he said when asked if Hero MotoCorp is ready to defend its leadership position as competition intensifies in the Indian two-wheeler market.
While declining to comment on competitors, Chitale said,"We will stay focused on doing what's right for the customer. We s
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INDIA BUSINESS | Sun, 24 May 2026, 11:53AM IST
Hero MotoCorp expects to maintain its market leadership and deliver double-digit growth in FY27, driven by strong demand for scooters, electric vehicles, exports and premium motorcycles, CEO Harshavardhan Chitale said.
Continue reading at Economic Times
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Fuel austerity dampens outlook for India's annual product demand growth
INDIA NEWS | Sun, 24 May 2026, 11:46AM IST
India's transportation fuel demand growth is expected to slow sharply in the second half of 2026 as government-led fuel conservation measures, elevated crude oil prices and a weakening rupee weigh on mobility and consumption trends, according to energy analysts.
Petrol and diesel prices have been hiked by about Rs 5 per litre each in three instalments since May 15 as oil companies passed on a part of soaring international oil prices to consumers. The price hikes came just as Prime Minister Narendra Modi urged citizens and government departments to conserve fuel, encourage remote working and reduce non-essential travel as elevated energy prices pressure foreign exchange reserves and threaten to widen the current account deficit.
This together with higher prices is likely to have a sobering impact on fuel demand growth.
A report by Elif Binici, Lead Analyst (Modeling) at Kpler, revised down India's 2026 refined products demand growth forecast by about 77,000 barrels per day (kbd), or
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6 pharma stocks that Bernstein sees up to 40% upside potential. Do you own any?
INDIA MARKET | Sun, 24 May 2026, 11:43AM IST
Bernstein initiated coverage on six pharma stocks, expressing a positive outlook on the Indian healthcare sector driven by AI, innovation in niche areas, and a strengthening ecosystem. The brokerage highlighted attractive valuations and easing policy uncertainties, naming Zydus Lifesciences as its top pick with a significant upside potential.
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INDIA MARKET | Sun, 24 May 2026, 11:41AM IST
Periods of consolidation may be viewed as opportunities to accumulate quality businesses rather than reasons for concern, subject to individual risk appetite and investment strategy.
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'India should focus on FTA implementation, utilisation by exporters'
INDIA NEWS | Sun, 24 May 2026, 11:38AM IST
India's next priority on the free trade agreement (FTA) front should be practical implementation and helping exporters use these pacts, as the gap between the negotiated and used market access remains the country's weakest link, experts say.
They said that historically, India's FTA utilisation has hovered around 25 per cent, compared with 70-80 per cent in developed economies, and closing this gap is now the single highest-leverage trade policy reform available.
The immediate priority should be to ensure that these negotiated benefits translate into actual claims at the border, they added.
"Hence, India's next FTA priority should be practical implementation, helping exporters use the agreements, defend against new trade barriers, and convert market access into sustained export growth," Gulzar Didwania, Partner, Deloitte India, said.
India has so far implemented several trade pacts, including those with Singapore, Japan, Korea, the UAE, Australia, ASEAN, and the EFTA bloc.
It has a
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How to manage the rupee while protecting growth
INDIA CURRENCY | Sun, 24 May 2026, 11:32AM IST
First, on the rupee, one of the most effective ways to stabilise the currency is to improve the flow of foreign exchange into the country. While India has made significant progress on the export side, there is still substantial work required in attracting larger and more consistent foreign portfolio investment and foreign direct investment.
Continue reading at Economic Times
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Govt expands scope of GATC, enables verification of CNG, LNG and hydrogen dispensers
INDIA BUSINESS | Sun, 24 May 2026, 11:17AM IST
The Centre has amended the Legal Metrology (Government Approved Test Centre) Rules, 2013, to expand verification infrastructure for weights and measures. Five new fuel dispensing systems, including CNG, LNG, and hydrogen, have been added to the GATC framework. This move aims to enhance verification services, improve efficiency, and support the adoption of cleaner fuels across India.
Continue reading at Economic Times
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Fuel austerity clouds demand outlook; India's annual product growth forecast cut 40%
INDIA BUSINESS | Sun, 24 May 2026, 11:15AM IST
India's fuel demand growth will slow significantly in late 2026. Government conservation efforts, rising oil prices, and a weaker rupee are impacting travel and consumption. Oil companies have increased petrol and diesel prices. Prime Minister Modi urged fuel saving. Analysts predict a substantial cut in India's refined products demand forecast for 2026.
Continue reading at Economic Times
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Falta repoll: BJP leads by 14,000+ votes
INDIA NEWS | Sun, 24 May 2026, 11:07AM IST
Kolkata: BJPs Debangshu Panda raced ahead of his nearest CPI(M) rival by over 34,000 votes after nine rounds of counting on Sunday in the repoll to West Bengal's Falta assembly constituency, according to the Election Commission.After nine of the 21 counting rounds, Panda bagged 57,318 votes, establishing a lead of 34,223 votes over CPI(M) candidate Sambhu Nath Kurmi, who polled 23,095 votes.Congress candidate Abdur Razzak Molla was placed third with 6,200 votes.Trinamool Congress nominee Jahangir Khan, who had announced two days before the repoll that he would not contest and described it as a personal decision, trailed in the fourth place with 2,902 votes.Counting of votes began at 8 am amid tight security arrangements, an EC official said.The repoll in all 285 booths of the constituency in South 24 Parganas district was conducted on May 21, after polling held on April 29 was countermanded following allegations of EVM tampering and other irregularities.The repoll saw more than 87 per cent of the 2.36 lakh electors turning up to vote. The Commission had significantly stepped up security arrangements, deploying around 35 companies of central forces across the constituency to ensure smooth voting.The total electorate in the constituency comprises 1,21,300 men, 1,15,135 women and nine third-gender individuals.Tension had gripped the constituency after complaints surfaced during the April 29 polling over alleged use of perfume-like substances and adhesive tapes on EVMs at multiple booths.Subsequent scrutiny also revealed alleged attempts to tamper with footage captured by web cameras installed at several polling stations, raising questions over the role of booth-level officers, presiding officers, polling personnel and election observers.Following its findings, the EC ordered repolling in all booths of the constituency.
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Mcap of 6 most valued firms surges by 74,111 cr, Reliance biggest winner
INDIA MARKET | Sun, 24 May 2026, 10:54AM IST
From the top-10 pack, Reliance Industries, ICICI Bank, Tata Consultancy Services (TCS), Bajaj Finance, Larsen & Toubro, and Life Insurance Corporation of India (LIC) were the gainers
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INDIA BUSINESS | Sun, 24 May 2026, 10:52AM IST
A delegation comprising apparel industry representatives and exporters met Vice President C.P. Radhakrishnan and several Union Ministers recently and sought the removal of the duty
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INDIA MARKET | Sun, 24 May 2026, 10:51AM IST
Logan Paul and Austin Theory successfully defended their World Tag Team Championships.
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IRFC to raise ECB loan worth $2 billion to finance large infra projects
INDIA BUSINESS | Sun, 24 May 2026, 10:48AM IST
Indian Railway Finance Corporation is set to raise USD 2 billion through external commercial borrowing. This funding will primarily be in Japanese yen to support business growth in the current financial year. The company has already secured a loan agreement for USD 1.1 billion.
Continue reading at Economic Times
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India Advises Against Travel To Congo, Uganda Amid WHO Ebola Emergency Alarm
INDIA MARKET | Sun, 24 May 2026, 10:48AM IST
A microscopic view of the Ebola virus.
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'Govt in advanced stage of consultation on cotton import duty removal'
INDIA NEWS | Sun, 24 May 2026, 10:44AM IST
The government is in an "advanced stage of consultation" regarding the 11 per cent customs duty on imports of raw cotton, and examining if the levy can be removed, with a decision expected soon, a senior official said.
Ministries, including finance, textiles, and agriculture, are deliberating on the duty, with the textile industry seeking its removal to mitigate cost pressures on domestic companies due to high prices.
"We are talking to Finance and Agriculture (ministries), both, and it is in an advanced stage of consultation. We hope that the consultation will be finalised in the near future," the official told PTI.
A delegation comprising apparel industry representatives and exporters met Vice President C P Radhakrishnan and several Union ministers recently and sought the removal of the duty.
The delegation argued that the textile industry's cotton requirement for the current year is projected at around 337 lakh bales, whereas cotton arrivals for the 2025-26 season are estimated
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LIC emerges as highest profit-making financial company in March quarter
INDIA BUSINESS | Sun, 24 May 2026, 10:40AM IST
Life Insurance Corporation of India has achieved the highest profit in the Indian financial sector for the March quarter. The company reported a significant jump in net profit. State Bank of India and HDFC Bank followed with substantial profits. LIC's assets under management and premium income also saw growth. Vodafone Idea recorded a record quarterly profit due to statutory relief.
Continue reading at Economic Times
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LNG tanker exits Hormuz for India for first time since war began
INDIA BUSINESS | Sun, 24 May 2026, 10:39AM IST
The exit of an LNG tanker from the Strait of Hormuz marks a pivotal moment for India, signaling its first shipment from the Persian Gulf in light of the ongoing Iran conflict.
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