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GLOBAL NEWS | Sat, 16 May 2026, 3:18AM IST The deal, which Beijing has not commented on, would be a major win for Boeing, which has lost ground to Airbus in one of the worlds largest aviation markets.

Continue reading at The New York Times

11m

GLOBAL NEWS | Sat, 16 May 2026, 1:51AM IST Ramtin Arablouei, a co-host of Throughline, left the network after an employee made a human resources complaint about his behavior.

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1h

GLOBAL NEWS | Sat, 16 May 2026, 1:35AM IST Critics denounced the highly unusual plan, which has yet to be finalized or approved, as a vast political slush fund financed by taxpayers.

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1h

INDIA MARKET | Sat, 16 May 2026, 1:34AM IST U.S. stocks pulled back from record highs as rising crude oil prices and surging Treasury yields triggered fresh inflation concerns. The selloff hit AI-driven tech stocks hardest, while markets reassessed rate hike risks under incoming Fed leadership, with geopolitical tensions and bond market signals dampening investor sentiment.

Continue reading at Economic Times

1h

INDIA BUSINESS | Sat, 16 May 2026, 1:27AM IST Public sector banks in India are seeing their liquidity coverage ratios decline. This trend is driven by strong loan demand outpacing retail deposit growth. Banks are using their excess liquidity to fund loans. This situation is expected to improve with new regulatory norms starting in Q1 FY27. The changes will impact how certain business accounts are treated for liquidity calculations.

Continue reading at Economic Times

2h

INDIA BUSINESS | Sat, 16 May 2026, 1:20AM IST Larger banks are dominating the home loan market. Mid-sized private banks are struggling as competition squeezes profits. State Bank of India, ICICI Bank, HDFC Bank, and Kotak Mahindra Bank are expanding their mortgage books. These big lenders use lower funding costs and wider reach. They see home loans as a way to build lasting customer relationships.

Continue reading at Economic Times

2h

INDIA BUSINESS | Sat, 16 May 2026, 1:16AM IST Boards of Power Finance Corporation and REC will meet Saturday. Uncertainty surrounds their proposed merger. The government's stake may fall below 51 percent. This could require a substantial capital infusion of around 25,000 crore rupees. Analysts question the feasibility of this. The merger is targeted for April 1, 2027. Discussions continue on the final structure.

Continue reading at Economic Times

2h

INDIA BUSINESS | Sat, 16 May 2026, 1:12AM IST Jana Small Finance Bank is poised for a significant capital infusion. The TVS Venu Group plans to acquire a 10% stake. Several other investors are also lining up to invest. This marks Jana's first equity raise since going public. The bank's capital adequacy ratio remains strong. TPG Capital may partially reduce its holding.

Continue reading at Economic Times

2h

INDIA BUSINESS | Sat, 16 May 2026, 1:06AM IST Air India's losses have significantly impacted Singapore Airlines' annual profit. Geopolitical issues, airspace closures, and currency fluctuations are cited as key reasons. Despite these challenges, Singapore Airlines remains committed to Air India's long-term turnaround. The airline is a core part of its multi-hub strategy. Support for the transformation continues alongside Tata Sons.

Continue reading at Economic Times

2h

INDIA BUSINESS | Sat, 16 May 2026, 1:06AM IST The concern follows a May 8 order by the Department for Promotion of Industry and Internal Trade (DPIIT), which links compressor imports in the current fiscal to a percentage of volumes imported in FY25.

Continue reading at Economic Times

2h

INDIA BUSINESS | Sat, 16 May 2026, 1:02AM IST At the New Delhi Municipal Corporation (NDMC) under which these markets come, the property tax is up to 25% of the rent collected while in other parts of Delhi it's just 2-3%.

Continue reading at Economic Times

2h

INDIA BUSINESS | Sat, 16 May 2026, 12:56AM IST LVMH has taken a bold step by selling the iconic Marc Jacobs fashion label to a partnership formed by WHP Global and G-III Apparel Group. Marc Jacobs will still hold the reins as creative director, ensuring the brand's identity remains intact.

Continue reading at Economic Times

2h

INDIA BUSINESS | Sat, 16 May 2026, 12:56AM IST India's customs board has increased import tariff values for gold and silver. This move aims to manage import costs due to global commodity price changes. Edible oils like palm and soybean oil also see minor adjustments. These new valuations will be effective from May 16, 2026. Policymakers are also looking to control pressure on foreign exchange reserves.

Continue reading at Economic Times

2h

INDIA BUSINESS | Sat, 16 May 2026, 12:53AM IST In a bold transformation, Diageo is embracing a new era under the leadership of CEO Dave Lewis. With an eye for innovation, Lewis is executing a profound restructuring, bidding farewell to several key figures in departments like marketing, Africa, and human resources.

Continue reading at Economic Times

2h

INDIA BUSINESS | Sat, 16 May 2026, 12:50AM IST New Delhi is shaking up its energy export policy with the introduction of a specialized excise duty on petrol exports. Meanwhile, the government is easing the burden on diesel and aviation fuel exports by cutting associated levies. Starting May 16, exporters will enjoy a zero road and infrastructure cess on petrol and diesel, although domestic fuel prices remain firmly unchanged.

Continue reading at Economic Times

2h

INDIA BUSINESS | Sat, 16 May 2026, 12:47AM IST The government has also extended the deadline for the eleventh round under the Open Acreage Licensing Policy (OALP), launched in March. he new bid submission deadline for both rounds is June 19, according to the Directorate General of Hydrocarbons (DGH), the oil ministry's upstream regulator that oversees licensing rounds.

Continue reading at Economic Times

2h

INDIA BUSINESS | Sat, 16 May 2026, 12:47AM IST As oil prices climb, significant Indian industries brace for impact. Transportation, farming, and power generation are especially reliant on petroleum, making them prime targets for economic instability with the unrest in the Middle East. Furthermore, mining and iron ore sectors also show marked susceptibility as recent data unveils these stark vulnerabilities in the economy.

Continue reading at Economic Times

2h

INDIA BUSINESS | Sat, 16 May 2026, 12:44AM IST As a timeless representation of Indian culture, the saree is calling for a renaissance. Despite its survival through the ages, there's a significant momentum towards modernizing this traditional attire, yet such changes frequently overlook the dedicated weavers behind the craft. Widespread acceptance among diverse socio-economic groups is key to ensuring its longevity.

Continue reading at Economic Times

2h

INDIA BUSINESS | Sat, 16 May 2026, 12:37AM IST Eating out and ordering food will soon cost more. Fuel prices have increased, impacting restaurant expenses. This will lead to a 5-10% rise in prices for consumers. Restaurants are facing higher costs for fuel, LPG, and labor. Some chains will adjust menu prices next week, while others will do so in July.

Continue reading at Economic Times

2h

INDIA MARKET | Sat, 16 May 2026, 12:35AM IST Tata Trusts meeting was first scheduled on May 8, but later deferred to May 16 due to legal cloud. It has now been further postponed.

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2h

GLOBAL NEWS | Sat, 16 May 2026, 12:32AM IST The ads with a repetitive jingle encouraging people to donate cars do not disclose that most of the proceeds go to a Jewish organization in New Jersey, the judge ruled.

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2h

INDIA BUSINESS | Sat, 16 May 2026, 12:30AM IST Indian textile makers are urging the government to abolish the 11% import duty on raw cotton. Domestic prices have surged by 25% in two months. Production is also expected to fall short of initial forecasts. Manufacturers face stiff competition from countries with duty-free cotton imports. This demand follows a government mission to boost cotton productivity and self-sufficiency.

Continue reading at Economic Times

2h

INDIA MARKET | Sat, 16 May 2026, 12:25AM IST Elon Musks SpaceX is accelerating its IPO plans, with pricing expected around June 11 and a potential market debut by June 12 on Nasdaq. The company has fast-tracked filings after a quicker SEC review, moving ahead of its earlier late June timeline as it eyes strong investor demand.

Continue reading at Economic Times

3h

INDIA BUSINESS | Sat, 16 May 2026, 12:14AM IST The new global order offers India unprecedented strategic and economic opportunities, making a case for balanced policy promiscuity

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3h

INDIA BUSINESS | Sat, 16 May 2026, 12:11AM IST There has been no change in the existing excise duty rates for petrol and diesel for domestic consumption

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3h

INDIA MARKET | Fri, 15 May 2026, 11:58PM IST Decentralised finance witnessed record exploits in April with two attacks netting the hackers almost $600 million

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3h

INDIA BUSINESS | Fri, 15 May 2026, 11:53PM IST Russia has increased oil supplies to India, according to Foreign Minister Sergey Lavrov. This comes as a crucial US waiver for purchasing Russian crude is set to expire. Lavrov met with Prime Minister Narendra Modi and External Affairs Minister S Jaishankar to discuss energy trade and strengthen the strategic partnership.

Continue reading at Economic Times

3h

INDIA MARKET | Fri, 15 May 2026, 11:50PM IST Neolite ZKW Lightings, SS Retail and Aspri Spirits have secured Sebi's approval to raise over Rs 1,200 crore collectively through initial public offerings (IPOs), an update with the regulator showed on Friday. The three companies, which filed their preliminary IPO papers in December, obtained Sebi's observations during May 6-14. In Sebi's parlance, obtaining observations is equivalent to securing approval to float public offering. Automotive lighting products maker Neolite is aiming to raise Rs 600 crore through its maiden public offering, comprising a fresh issue of shares aggregating up to Rs 400 crore along with an offer for sale (OFS) of shares valued Rs 200 crore by promoters and a shareholder, according to the draft red herring prospectus (DRHP). The company will use proceeds from the fresh issue for setting up a new manufacturing facility at Kancheepuram, Tamil Nadu; purchasing plant and machinery, electronic expansion at existing manufacturing facilities; payment of debt an

Continue reading at Business Standard

3h
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