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INDIA BUSINESS | Sun, 31 May 2026, 10:33AM IST State-owned SAIL expects the ongoing West Asia crisis to have only a marginal impact on its steel prices and is establishing alternative shipping routes to ensure the uninterrupted supply of raw material from the region, a top company executive said. The company buys raw materials, such as limestone from Dubai, Ashok Panda, the newly appointed Chairman of the steel major said. "So far as SAIL is concerned, we will have some impact with respect to the fluxes, limestone, et cetera, which we are buying from Dubai. So, the landed cost, the CFR (cost and freight) cost is going to go up, because it was around USD 23-24, now it will be around USD 35," the official said in reply to a question related to the impact of the West Asia crisis. But overall, in sellable steel, its impact will be hardly Rs 100 or Rs 200, the chairman said. Panda also said that in times of crisis, the availability of raw materials is crucial rather than their cost, for uninterrupted operations, and that SAIL is ...

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INDIA BUSINESS | Sun, 31 May 2026, 10:29AM IST The duty has been set at 1.5 per litre on petrol exports, 13.5 per litre on diesel exports and 9.5 per litre on ATF exports, as per an official notification

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INDIA MUTUAL FUNDS | Sun, 31 May 2026, 10:27AM IST Equity mutual funds witnessed a weak May, with the worst-performing schemes losing up to 7%. International and sectoral funds dominated the laggards' list, led by HSBC Brazil Fund. Several consumption, FMCG, energy and PSU-focused schemes also posted negative returns, reflecting pockets of weakness across specific market segments.

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INDIA MARKET | Sun, 31 May 2026, 10:27AM IST The French giant is only the second team to retain the trophy in the modern era after all-time king of Europe Real Madrid.

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INDIA MARKET | Sun, 31 May 2026, 10:15AM IST Zeptos unlisted shares have dropped sharply despite Sebi approval for its IPO, signalling investor caution in a volatile market. The decline reflects broader weakness in pre-IPO valuations, macro uncertainty and funding pressures, even as the quick commerce firm prepares for a high-profile public issue amid intense competition.

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INDIA MARKET | Sun, 31 May 2026, 10:12AM IST The IRGC said the drone entered Iranian territorial airspace with hostile intent and was brought down using advanced air defence systems.

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INDIA MARKET | Sun, 31 May 2026, 10:06AM IST The Bengaluru police states that public shall not engage in any kind of celebrations in public places after the result of the final match is announced.

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INDIA MARKET | Sun, 31 May 2026, 10:00AM IST In a holiday-shortened last week, the BSE benchmark Sensex dropped 639.61 points, or 0.84 per cent, and the NSE Nifty declined 171.55 points, or 0.72 per cent.

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INDIA MARKET | Sun, 31 May 2026, 10:00AM IST Upcoming IPOs: Two mainboard issues will open for bidding this week.

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INDIA MARKET | Sun, 31 May 2026, 9:57AM IST Patanjali Foods reported a strong rise in quarterly and annual earnings, driven by robust growth in its edible oils and FMCG businesses. While revenue expanded across key segments, higher raw material, packaging and freight costs weighed on margins. The company also continued expanding its oil palm cultivation and export footprint.

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INDIA MARKET | Sun, 31 May 2026, 9:55AM IST From the top 10 pack, Reliance Industries, HDFC Bank, Bharti Airtel, ICICI Bank, Tata Consultancy Services (TCS), Bajaj Finance and Hindustan Unilever faced erosion in their valuations

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INDIA BUSINESS | Sun, 31 May 2026, 9:53AM IST Rising fuel prices triggered by the Middle East war are driving a sharp increase in carpooling, with a ride-sharing platform reporting a surge in new users seeking cheaper ways to travel. This trend has been more pronounced in countries where fuel price increases driven by the war have been sudden and significant, combined with limited government support, such as in France.

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INDIA MARKET | Sun, 31 May 2026, 9:47AM IST IMD forecasts thunderstorms, lightning, dust-raising winds and isolated spells of light rain across parts of the region.

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INDIA MARKET | Sun, 31 May 2026, 9:38AM IST Tourism in Asia has yet to fully recover from the COVID-19 pandemic. Now, many countries are coping with the war's repercussions for global energy supplies and prices, which hit Asia first and hardest.

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INDIA MARKET | Sun, 31 May 2026, 9:36AM IST With the rupee weakening and structural pressures from oil, capital outflows and inflation differentials persisting, Indian investors face currency risk in domestic-only portfolios. The article argues for global diversification, highlighting how dollar assets provide both return potential and currency protection, making international exposure a strategic necessity.

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1h

INDIA MARKET | Sun, 31 May 2026, 9:34AM IST Trump has still not decided on whether to move forward with a deal to extend the Iran ceasefire and reopen the Strait of Hormuz.

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INDIA MARKET | Sun, 31 May 2026, 9:23AM IST Indias IPO market is set to revive with two mainboard issues, CMR Green Technologies and Hexagon Nutrition, opening this week after a lull. Together aiming to raise nearly Rs 770 crore, the offerings come amid volatile markets, with investors closely watching subscription trends for signals on primary market sentiment.

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1h

INDIA MARKET | Sun, 31 May 2026, 9:21AM IST Markets brace for a crucial week. Investors watch US-Iran peace talks closely. Crude oil price drops also impact sentiment. Foreign investors sold heavily, impacting Indian equities. The Rupee shows strength against the US Dollar. Technical indicators suggest a lack of strong trend. Geopolitical and economic developments will drive market sensitivity.

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1h

INDIA MARKET | Sun, 31 May 2026, 9:17AM IST Even seasoned investors lose money due to behavioural biases, poor timing, and overreaction to market noise. Drawing on Bernard Baruchs principles, the piece highlights how discipline, patience, and rational decision-making matter more than intelligence in navigating volatility, avoiding emotional traps, and achieving long-term success in equity markets.

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1h

INDIA MARKET | Sun, 31 May 2026, 9:16AM IST Western nations facing shortages are reconsidering sanctions on fuels made from Russian crude oil

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1h

INDIA BUSINESS | Sun, 31 May 2026, 9:09AM IST Dizzyingly deep pits from large-scale mining scar India's ancient Aravalli mountains, threatening the future of a forested buffer that New Delhi relies on for protection from furnace-hot desert winds. "If we don't protect the Aravalli, the northern Gangetic plains -- which is a food basket for the rest of the country -- would become a desert," he said.

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1h

INDIA MARKET | Sun, 31 May 2026, 9:03AM IST Reliance Industries, Trent, and 18 other stocks are set to turn ex-date this week for corporate actions including dividends and bonus issues. Investors must hold shares by the record date to be eligible. Key events include Anand Rathi Wealth's 1:1 bonus and Trent's 1:2 bonus issue.

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1h

INDIA MARKET | Sun, 31 May 2026, 9:00AM IST Every fixture of T20 Mumbai League 2026 will take place at the iconic Wankhede Stadium.

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INDIA MARKET | Sun, 31 May 2026, 9:00AM IST Hot and humid conditions are expected to persist on Sunday, while light to moderate rain and thundershowers may begin from June 1, with thunderstorms and gusty winds forecast on June 2.

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1h

INDIA MARKET | Sun, 31 May 2026, 8:50AM IST The region's peak tourist summer season is at risk as elevated jet fuel costs coupled with ceasefire uncertainties prompt flight cancellations and higher ticket pricer

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INDIA MARKET | Sun, 31 May 2026, 8:20AM IST The building, with a coaching institute, cafes and offices operating in it and construction work underway on the third floor, collapsed around 7.45 pm on Western Marg in Saidulajab area near Saket metro station.

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2h

INDIA MARKET | Sun, 31 May 2026, 8:00AM IST The cast of Euphoria Season 3 includes Zendaya as Rue Bennett and Sydney Sweeney as Cassie Howard.

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INDIA NEWS | Sun, 31 May 2026, 7:59AM IST The U.S. military said on Saturday it had carried out a strike on a vessel in the eastern Pacific killing three men, the second strike in as many days. U.S. Southern Command said in a post on X that intelligence had confirmed that the vessel was transiting along "narco-trafficking" routes in the eastern Pacific, engaged in "narco-trafficking" operations. "Three male narco-terrorists were killed during this action. No U.S. military forces were harmed," it said. This is the latest such incident over the last few months.

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INDIA MARKET | Sun, 31 May 2026, 7:44AM IST The revised rates will come into effect from Monday, June 1 onwards.

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3h

INDIA BUSINESS | Sun, 31 May 2026, 7:35AM IST What is coal gasification and how does it have the potential to substitute imports? What technical challenges does high-ash Indian coal pose for gasification? Where does India stand with respect to coal gasification and related technology?

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3h

INDIA MARKET | Sun, 31 May 2026, 7:28AM IST Thunderstorm accompanied with lightning, light to moderate rain, winds with speed 40-50 kmph very likely in Mumbai.

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3h

INDIA BUSINESS | Sun, 31 May 2026, 6:55AM IST Justice Mini Pushkarna assessed if a company can buy anothers registered trademark as a keyword on Google Ads to have their ads appear first in searches for that trademark

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INDIA BUSINESS | Sun, 31 May 2026, 6:41AM IST India will reduce its export duties on petrol, diesel, and aviation turbine fuel (ATF) starting June 1. The new rates are 1.5 rupees per litre for petrol, 13.5 rupees for diesel, and 9.5 rupees for ATF. These revisions are made fortnightly based on international crude oil and fuel prices.

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INDIA MARKET | Sun, 31 May 2026, 6:28AM IST The listings of SpaceX, OpenAI and Anthropic may mean a total of $70 billion in AI spending on top of the more than $750 billion already committed by the biggest hyperscalers

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INDIA MARKET | Sun, 31 May 2026, 6:00AM IST Much is at stake for defending champions Royal Challengers Bengaluru and home-side Gujarat Titans when they clash in the 2026 IPL final. The two teams and their teeming fans would hope that Ahmedabad's weather stays clear on the day of the final.

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INDIA BUSINESS | Sun, 31 May 2026, 6:00AM IST Indian travelers are opting for short-haul international trips to Southeast Asia and Australia, or domestic getaways this summer. This shift away from the US and Europe is driven by significantly higher airfares and flight disruptions. Destinations like the Philippines, Thailand, and Malaysia are seeing increased popularity, while bookings for traditional Western routes have softened.

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