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INDIA MARKET | Sat, 23 May 2026, 5:02PM IST US Ambassador Sergio Gor said Secy Rubio and PM Narendra Modi held discussions on expanding cooperation across strategic sectors

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INDIA MARKET | Sat, 23 May 2026, 4:47PM IST NTPC reported strong growth in quarterly profit driven by improved operational performance and higher revenues on a sequential basis. The company also announced a final dividend for FY26, while annual profit rose despite flat revenue growth and continued spending on fuel and finance costs.

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INDIA MARKET | Sat, 23 May 2026, 4:45PM IST Gokaldas Exports posted strong sequential profit and revenue growth in the March quarter despite global trade disruptions and US tariff pressures. Improved productivity, tighter cost controls and recovery in Africa operations supported performance, while India business remained resilient amid declining apparel exports.

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INDIA MARKET | Sat, 23 May 2026, 4:41PM IST NTPC, Divi's Laboratories, JK Cement, and Reliance Infrastructure are among the companies to report Q4 earnings today.

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INDIA MARKET | Sat, 23 May 2026, 4:31PM IST NTPC reported a 34.42% YoY increase in consolidated net profit to Rs 10,614.95 crore in Q4 FY26, while revenue from operations was marginally lower by 0.29% YoY to Rs 49,687.77 crore in Q4 FY26 compared with Q4 FY25.

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INDIA BUSINESS | Sat, 23 May 2026, 4:30PM IST India is launching the Bhavya scheme to establish 100 industrial parks nationwide. Applications for the first 50 parks will be invited from states over the next four months. These parks aim to provide plug-and-play manufacturing destinations. The first 50 parks are expected to be operational within three years.

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INDIA MARKET | Sat, 23 May 2026, 4:27PM IST This development comes after US President Donald Trump announced new rules governing immigration and Green Cards.

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INDIA MARKET | Sat, 23 May 2026, 4:18PM IST Joe Root is just 1,978 runs away from overtaking Sachin Tendulkar's historic tally of 15,921 Test runs.

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INDIA NEWS | Sat, 23 May 2026, 4:15PM IST The draft rules cover grievance redressal, wage payments, transitional provisions and financial arrangements as the Centre prepares to roll out the new rural jobs guarantee framework from July 1

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INDIA NEWS | Sat, 23 May 2026, 4:12PM IST US Secretary of State Marco Rubio met Prime Minister Narendra Modi in New Delhi on Saturday, with the two leaders discussing a wide-ranging agenda dominated by energy security, trade tensions, defence cooperation and Indo-Pacific strategy.According to PIB release, Secretary Rubio briefed the Prime Minister on the growing momentum in India-US cooperation across a broad strategic landscape, with discussions spanning defence collaboration, emerging technologies, trade and investment, energy security, connectivity initiatives, education partnerships and expanding people-to-people ties between the two countries.Meanwhile, Reuters reported that Rubio had assured PM Modi that Washington would not allow Iran to hold the global energy market hostage." Rubio further stressed that American energy supplies could offer India a crucial alternative at a time of global uncertainty.After the meeting, PM Modi described the discussions as productive and reaffirmed the growing strategic alignment between New Delhi and Washington.Happy to receive the US Secretary of State, Mr. Marco Rubio. We discussed sustained progress in the India-US Comprehensive Global Strategic Partnership and issues related to regional and global peace and security. India and the United States will continue to work closely for the global good, the prime minister said in a post on X.Meanwhile, US Ambassador to India Sergio Gor said the discussions revolved around furthering ties between the two leading nations in multiple sectors."We had a productive discussion on ways to deepen U.S.-India cooperation across security, trade, and critical technologies - areas that strengthen both our nations and advance a free and open Indo-Pacific. India is a vital partner to the United States," said US Ambassador to India Sergio Gor in a post on X.Also Read | US seeks to boost energy exports to India as Rubio visits DelhiThe US Ambassador to India further revealed that Rubio had extended an invitation to the prime minister on behalf of US President Donald Trump to visit the White House."Secretary Marco Rubio extended an invite on behalf of President Donald Trump, for Prime Minister Modi to visit the White House in the near future," Gor wrote in a separate post on the social media platform.— USAmbIndia (@USAmbIndia) Moreover, energy likely emerged as the central focus of the meeting, as Washington is expected to have pushed to position itself as a long-term supplier for India amid growing uncertainty in global markets.According to earlier reports, Rubio is understood to have discussed expanding American exports of liquefied natural gas and LPG to India, which has been scrambling to stabilise domestic energy supplies after weeks of volatility in international crude markets.Also Read | Marco Rubio The bridge between the TrumpModi economic doctrineThe high-level talks came at a turbulent moment for the global economy, with India grappling with soaring fuel prices and supply disruptions triggered by the ongoing Iran conflict and the effective closure of the Strait of Hormuz.The talks further carried significant geopolitical weight ahead of the upcoming Quad Foreign Ministers Meeting involving India, the United States, Japan and Australia.Rubios India visit is being closely watched in diplomatic circles as an early test of how the Trump administration intends to recalibrate ties with New Delhi after months of friction over tariffs, Russian oil imports and remarks by US President Donald Trump on India-Pakistan tensions.For New Delhi, the meeting offered an opportunity to secure economic and energy stability at a time of mounting global uncertainty. For Washington, it was a chance to deepen strategic engagement with one of Asias most influential powers as geopolitical fault lines continue to widen across the region.Rubios India itinerary itself reflects both strategic and symbolic priorities.The US Secretary of State began his four-day visit in Kolkata, where he visited Mother House and a childrens home before flying to New Delhi for talks with the Indian leadership. His tour will also take him to Agra and Jaipur, blending high-level diplomacy with cultural outreach as Washington looks to deepen engagement with India on multiple fronts.

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INDIA MARKET | Sat, 23 May 2026, 4:10PM IST Piyush Goyal requested States to apply for these parks, in his address to the press.

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INDIA BUSINESS | Sat, 23 May 2026, 4:08PM IST India witnessed one of the world's smallest fuel price hikes, with petrol and diesel rising only around 5% despite global surges. This moderation, following a nearly 76-day price freeze, was achieved through excise duty cuts and absorbing crude oil cost increases. Many nations, including neighbors like Nepal and Sri Lanka, saw significantly steeper price jumps.

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INDIA BUSINESS | Sat, 23 May 2026, 4:06PM IST Swiggy told stock exchanges it had failed to win the shareholder approval needed to amend its Articles of Association, a key step in its efforts to qualify as an IOCC

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INDIA MARKET | Sat, 23 May 2026, 4:02PM IST Bandhan Small Cap Fund topped the list of small cap schemes with the highest Sharpe ratio, indicating superior risk-adjusted returns over three years. ITI Small Cap Fund, Invesco India Smallcap Fund and two smallcap index funds also delivered strong performance with balanced risk metrics.

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INDIA NEWS | Sat, 23 May 2026, 4:01PM IST Goyal said Monday that while the first phase of the deal has been finalized, efforts are underway to ensure India gets preferential access to the US market compared with competitors

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INDIA MARKET | Sat, 23 May 2026, 3:52PM IST Pralhad Joshi said that he has also asked the department to examine other online ticket booking platforms for similar practices.

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INDIA MARKET | Sat, 23 May 2026, 3:52PM IST The companies rose to prominence in the late 1990s by helping Western firms solve the Y2K bug, which had threatened computer chaos at the turn of the millennium

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INDIA MARKET | Sat, 23 May 2026, 3:50PM IST Divis Laboratories reported a 13.4% YoY rise in consolidated net profit to Rs 751 crore in Q4 FY26 compared with Rs 662 crore in the same quarter last year.

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INDIA MARKET | Sat, 23 May 2026, 3:44PM IST Kavya Maran's reaction to Krunal Pandya's bowling went viral during SRH vs RCB.

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INDIA MARKET | Sat, 23 May 2026, 3:41PM IST Bitcoin and Ethereum extended losses as macroeconomic concerns, ETF outflows and geopolitical uncertainty weighed on investor sentiment. More than $400 million in leveraged crypto positions were liquidated, while analysts warned markets could remain volatile amid inflation worries and shifting Federal Reserve expectations.

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INDIA MARKET | Sat, 23 May 2026, 3:36PM IST Market expert Sunil Subramaniam advised caution amid geopolitical uncertainty and rising input costs, while favouring consumer durables, capital goods and PSBs. He expects volatility to remain elevated as crude prices, RBI policy decisions and Q1 earnings determine market direction in coming months.

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INDIA NEWS | Sat, 23 May 2026, 3:35PM IST U.S. President Donald Trump's administration has been stepping up pressure on Communist-controlled Cuba, after using the military in January to remove Venezuelan President Nicolas Maduro. Here is why Cuba may not be Venezuela 2.0, even though Caracas had been a key supporter of the island's government.Also read: Rare public appearances, low profile mark Raul Castro's life since stepping down as Cuba's president WHO WOULD TAKE OVER?In Venezuela, then-Vice President Delcy Rodriguez took over as U.S. forces seized Maduro in a lightning raid on Jan. 3 and has served as acting president since. Rodriguez was Maduro's deputy, but there is no similar deputy to Cuban President Miguel Diaz-Canel, or former President Raul Castro, the 94-year-old former president the U.S. indicted this week in a bid to increase pressure on Havana. "The security apparatus in Cuba has dismantled, systematically dismantled, every alternative or potentially alternative power source," said Orlando Perez, an expert on U.S.-Latin America relations at the University of North Texas in Dallas. Venezuela also has a popular opposition leader, Nobel laureate Maria Corina Machado, who won elections in 2024 but was not allowed to take power and hopes to return to her home country this year for free elections. Cuba has no similar figure. Raul Rodriguez Castro, grandson of the former president, met this month with CIA Director John Ratcliffe during a rare visit by a U.S. spy chief to Havana, fueling talk he might agree to work with Washington. But the younger Castro has no formal position in the Cuban government and is not expected to betray his family. He attended a rally in Havana on Friday to protest his grandfather's indictment. WHAT ARE THE BENEFITS AND RISKS?Cuba has been a U.S. antagonist for decades, since Fidel Castro's 1959 revolution. Trump is strongly supported by hardline Cuban-Americans in Florida, who have pushed for U.S.-instigated regime change for decades. The Republican U.S. president has made clear he wants to see change in their homeland. In the past, Cuba was seen as a threatening Soviet satellite, an uncomfortably close 90 miles from Florida, and more recently as a potential site for Chinese influence in the Western Hemisphere. But Russia's attentions have shifted elsewhere since the fall of the Soviet bloc, and Cuba's economic problems have diminished its ability to confront the U.S. Experts say instability in Cuba also threatens a migration crisis. Its people have been living largely without power due to the U.S. blockade and could opt to flee the island in case of war or chaos. Cuba's military is more ideologically entrenched and cohesive than Venezuela's and more likely to put up a fight. Dozens of Cuban agents were killed in Venezuela in January when they were providing security for Maduro, but survivors would have learned from that raid how U.S. forces operate. Cuba is also seen as more advanced in surveillance and intelligence, especially after years of cooperation with Russia and China.Also read: US weighs drone threat from Cuba: Report WHAT WOULD CUBA BRING TO THE U.S.?Venezuela has natural resources, and U.S. companies have been lining up to produce oil in the South American country, which has seen exports jump. Cuba does not have any similar resource. Its state-run tourism industry was behind other Caribbean destinations in price and quality even before this year's steep downturn, which has been exacerbated by shortages tied to Trump's "maximum pressure" campaign, a U.S. blockade and threats of tariffs for countries that provide it with fuel. U.S. Secretary of State Marco Rubio, an outspoken Cuba hawk who is also national security adviser, is seen as the force behind the Trump administration's Cuban policy. Rubio, a Florida native and the son of Cuban immigrants, has run for president before and is expected to seek the office again. A major change in Cuba could burnish his political ambitions, but a failure poses major risks at a time when the U.S. faces huge budget deficits and is already waging a campaign in Iran that has been estimated to cost billions of dollars per day. WHAT ARE THE LEGAL ISSUES? Washington's ability to change relations with Cuba is limited by the 1996 Helms-Burton Act, which ties the lifting of a decades-long U.S. embargo to specific political change such as the creation of a democratically elected government. Trump changed U.S. business relations with Venezuela by removing Maduro, leaving its government in place without even announcing plans for free elections. In Cuba, he could not legally do so without a dramatic shift by Cuban officials, who have refused so far to cooperate. Cuba's situation is more complicated because the country's economy lacks a private sector. It is dominated by Gaesa, a military conglomerate subject to U.S. sanctions that controls most of the island's top hotels, largest port, top commercial bank and a vast array of supermarkets, gas stations and remittance businesses. Washington also justified the Venezuela raid by saying Maduro's government was involved in "narcoterrorism." Cuban officials have not faced such charges, and in fact its government says it has been cooperating with the U.S. against drug trafficking.

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INDIA MARKET | Sat, 23 May 2026, 3:35PM IST The selfie of Major General Mehta with the other two Army officers after the crash has gone viral on social media.

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INDIA MARKET | Sat, 23 May 2026, 3:34PM IST According to the minister, the Centre expects states to provide a favourable environment to encourage industrial development

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INDIA MARKET | Sat, 23 May 2026, 3:27PM IST The 8th Pay Commission was constituted on Nov. 3, 2025.

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INDIA MARKET | Sat, 23 May 2026, 3:23PM IST NTPC, Divi's Laboratories, JK Cement, and Reliance Infrastructure are among the companies to report Q4 earnings today.

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INDIA MARKET | Sat, 23 May 2026, 3:16PM IST NTPC Green Energy reported a 15.5% YoY decline in consolidated net profit to Rs 197.05 crore in Q4 FY26 compared with Rs 233.22 crore in the same quarter last year.

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INDIA MARKET | Sat, 23 May 2026, 3:15PM IST FIIs have consistently sold Indian equities in 2026, totaling Rs 2.22 lakh crore due to global uncertainty, geopolitical tensions, elevated crude oil prices, and a weaker Rupee. While DIIs are currently supporting the market, future institutional flows will remain sensitive to USIran negotiations and oil price volatility.

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INDIA NEWS | Sat, 23 May 2026, 3:11PM IST New Delhi: Global food inflation risks are rising due to possible disruption in the Strait of Hormuz and worsening El Nino conditions, according to a Citi Research report, which warned that agricultural commodity prices could face strong upward pressure over the next 6-12 months.The report said agriculture markets are vulnerable to supply disruptions caused by higher energy costs, fertiliser shortages and adverse weather conditions linked to El Nino."Agriculture price risks are heavily skewed to the upside over the next 6-12 months, as they face major supply risks resulting from a potential prolonged closure of the Strait of Hormuz, and from likely poor weather related to El Nino," Citi Research said in its Commodities Outlook report.The report noted that a prolonged disruption in the Strait of Hormuz could increase the cost of agricultural production globally, as energy and fertiliser prices may rise sharply."A prolonged SoH closure would drive up the cost of agriculture production (via higher energy prices), reduce crop yields/output (owing to lower fertiliser and lower crop protection from oil based fungicides and pesticide availability)," the report added.Citi Research also warned that higher fossil fuel prices could increase the use of agricultural commodities for biofuels, further pushing up food prices.The report said traded agricultural prices have already started rising this year."Food prices are rising, with traded agricultural prices up 13 per cent year-to-date through mid-May," the report said.According to the report, commodities such as sugar, cocoa and coffee are among the most exposed to weather-related risks from El Nino and energy-related supply disruptions.Citi Research said El Nino could lead to hotter temperatures and lower rainfall across several parts of Asia, which may hurt crop production and tighten food supplies globally.The report also highlighted that broader food indices were already up 5 per cent through April this year, indicating increasing pressure on global food inflation.The Citi report comes at a time when global commodity markets remain volatile amid ongoing tensions in the Middle East and concerns over supply chain disruptions affecting energy and food markets worldwide.

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INDIA MARKET | Sat, 23 May 2026, 2:54PM IST Ahead of the Canadian Grand Prix, Jos Verstappen, Max's father, was spotted at Mercedes hospitality, which fueled the rumours.

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INDIA MARKET | Sat, 23 May 2026, 2:50PM IST Sales decline 3.99% to Rs 3.13 crore

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INDIA MARKET | Sat, 23 May 2026, 2:50PM IST Sales rise 5.89% to Rs 15.11 crore

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INDIA MARKET | Sat, 23 May 2026, 2:50PM IST Sales reported at Rs 8.00 crore

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INDIA MARKET | Sat, 23 May 2026, 2:38PM IST The Centre has asked Gymkhana Club in Lutyens' Delhi to hand over its premises by June 5, citing that the land was required for strengthening defence infrastructure. The order, which was issued by the Land and Development Office under the Union ...

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INDIA MARKET | Sat, 23 May 2026, 2:34PM IST Prime Minister Shehbaz Sharif

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GLOBAL NEWS | Sat, 23 May 2026, 2:31PM IST Friendship and money dont always mix. But many Americans feel comfortable discussing financial issues with their friends and lending them money.

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GLOBAL NEWS | Sat, 23 May 2026, 2:30PM IST A rapidly growing industry often overprescribes treatment to young children with autism, who spend as many as 40 hours a week at the facilities.

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GLOBAL NEWS | Sat, 23 May 2026, 2:30PM IST The industry has grown rapidly, straining state budgets. A focus on finances has led to overbilling, fraud and even harm.

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