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Mumbai: The Air India group on Tuesday announced that it will impose the fuel surcharge ranging from Rs 299 to Rs 899 for domestic flights and USD 24 to USD 280 for international flights (excluding some routes). The revised fuel surcharge, effective from April 8, will be applicable for flights operated by the airline's low-cost subsidiary Air India Express as well, Air India said in a statement. Revisions to fuel surcharge on flights to and from Bangladesh and Far East destinations such as Jap ...Read More >
BENGALURU: Bill Ackman's Pershing Square on Tuesday proposed merging its acquisition vehicle with Universal Music Group with a plan to list in the United States in a deal aimed at reviving the world's biggest music label's value. Pershing Square's cash-and-shares offer values Universal Music at around 30.40 euros per share, representing a 78% premium to last close price at 17.10 euros and making the deal worth 55.75 billion euros (US$64.31 billion), according to Reuters calculation. Universal ...Read More >
Mumbai, Apr 7 (PTI) The Air India group on Tuesday said it will impose fuel surcharge ranging from Rs 299 to Rs 899 for domestic flights and USD 24 to USD 280 for international flights (excluding some routes). The revised fuel surcharge, effective from April 8 will be applicable for flights operated by the airline's low-cost subsidiary Air India Express as well, Air India said in a statement. Revisions to fuel surcharge on flights to and from Bangladesh and Far East destinations such as Japan, ...Read More >
New Delhi, Apr 7 (PTI) Crude oil prices rose nearly 3 per cent to hit a record high of Rs 10,888 per barrel in futures trade on Tuesday, tracking strong global cues as tensions between the US and Iran intensified ahead of President Donald Trump's deadline for reopening the Strait of Hormuz. On the Multi Commodity Exchange (MCX), crude oil for April delivery increased by Rs 300, or 2.83 per cent, to hit a lifetime high of Rs 10,888 per barrel. Similarly, the May contract also advanced Rs 170, o ...Read More >
Mumbai: Indian stock markets witnessed sharp volatility on Tuesday. The indices opened weak, saw a quick recovery, but failed to hold gains later in the session. As per latest data, the Nifty 50 was trading at 22,945.70, down 22.55 points, while the BSE Sensex stood at 74,007.92, lower by 98.93 points. The day started on a weak note, with Nifty around 22,950. It soon dropped sharply to the day's low near 22,719, before recovering to above 22,900 levels. However, another round of selling dragged ...Read More >
India's Antibiotic Habit: A Growing Threat to Gut HealthSource : AI-generated, for illustrative purposes Did you know? As per the University of Washington study published in The Lancet in 2021, drug-resistant infections in India were directly responsible for 267,000 deaths and contributed to nearly one million more. India stands at the cusp of an antibiotic epidemic that threatens the lives of thousands and poses a global health threat. There is a looming quick-fix culture of grabbing antibiot ...Read More >
KARACHI - Gold prices in Pakistan are likely to see further changes on Monday (April 0) due to fluctuations in international markets. The precious yellow commodity has long been considered a safe haven for investors, especially during periods of economic uncertainty. Its value tends to remain stable or even rise when markets are volatile, making it a go-to asset for wealth preservation. Unlike investments in property, stocks or currencies, gold is not directly impacted by interest rates or gov ...Read More >
New Delhi [India], April 7 (ANI): Anthropic's run-rate revenue surpassed the USD 30 billion threshold, marking a substantial increase from the approximately USD 9 billion reported at the close of 2025, according to the company. "Demand from Claude customers has accelerated in 2026. Our run-rate revenue has now surpassed $30 billion--up from approximately $9 billion at the end of 2025," Anthropic said in a statement. The company noted that the surge in revenue followed an acceleration in demand ...Read More >
The first vessel is to estimated to be delievered in October 2029, with subsequent deliveries scheduled at four-month intervals.Shares of Swan Defence and Heavy Industries Ltd. are in focus on Tuesday, April 7, after the company said it received a Category 4 order from Energy ONE Ltd. to construct four 92,500 deadweight tonnage (DWT) dual-fuel ammonia bulk carriers. Swan Defence classifies orders in the ₹1,501 crore to ₹3,000 crore range as 'Category 4'. The first vessel is to estimated to ...Read More >
MUMBAI: Stock market benchmark indices Sensex and Nifty declined in early trade on Tuesday as surging crude oil prices amid growing uncertainty about the fate of West Asia war dented investors' sentiment. Unabated foreign fund outflows also added to the gloom. The 30-share BSE Sensex tumbled 824.44 points to 73,282.41 in early trade. The 50-share NSE Nifty dropped 248.95 points to 22,719.30. From the 30-Sensex firms, InterGlobe Aviation, Eternal, Axis Bank, Mahindra & Mahindra, State Bank of ...Read More >
Mumbai: Stock market benchmark indices Sensex and Nifty declined in early trade on Tuesday as surging crude oil prices amid growing uncertainty about the fate of West Asia war dented investors' sentiment. Unabated foreign fund outflows also added to the gloom. The 30-share BSE Sensex tumbled 824.44 points to 73,282.41 in early trade. The 50-share NSE Nifty dropped 248.95 points to 22,719.30. From the 30-Sensex firms, InterGlobe Aviation, Eternal, Axis Bank, Mahindra & Mahindra, State Bank of In ...Read More >
Mumbai, Apr 7 (PTI) The rupee depreciated 17 paise to 93.07 against the US dollar in early trade on Tuesday, weighed down by unabated withdrawal of foreign capital, a firm dollar, and higher crude oil prices amid a volatile geopolitical situation. Forex traders said the USD/INR pair remains vulnerable to any flare-up in the US-Iran conflict, which in turn would push crude oil prices further. At the interbank foreign exchange market, the rupee opened at 93.05 against the US dollar, then lost gr ...Read More >
BENGALURU: Oil prices extended gains on Tuesday as U.S. President Donald Trump heightened his rhetoric against Iran, threatening stronger action if the country fails to reopen the Strait of Hormuz, a key global oil transit chokepoint. Brent crude futures rose 57 cents, or 0.5%, to $110.34 a barrel by 1202 GMT, while U.S. West Texas Intermediate crude futures were up $1.26, or 1.1%, at $113.67. Trump, has threatened to rain "hell" on Tehran if it fails to comply with his deadline of 8 p.m. EDT ...Read More >
New Delhi [India], April 7 (ANI): The Indian Market opened in the red on Tuesday as the benchmark indices experienced a sharp decline during the early trade, tracking global cues and rising energy costs. The BSE Sensex stood at 73,371.20 points, marking a significant drop of 735.65 points or 0.99 per cent at 9:16 am. At the same time, the NSE Nifty 50 started at 22,741.30 points, recording a decrease of 226.95 points or 0.99 per cent. The negative opening follows a surge in Brent crude prices, ...Read More >
Mumbai, Apr 7 (PTI) Shipbuilding and heavy fabrication firm Swan Defence and Heavy Industries Limited (SDHI) on Tuesday said it has secured an order from Energy ONE Ltd to construct four dual-fuel ammonia bulk carriers. The first vessel under the Category 4 order is expected to be delivered in October 2029, with subsequent deliveries scheduled at four-month intervals, SDHI said. An order valued between Rs 1,501 crore and Rs 3,000 crore falls under Category 4. These Category 4 vessels will be ...Read More >
New Delhi: Crude oil prices are unlikely to decline to USD 70 per barrel this year and are expected to remain in the range of USD 80-85 per barrel in 2026, according to a report by Union Bank of India. The report noted that while oil prices may moderate from current elevated levels, a sharp decline is unlikely given ongoing global uncertainties. Click here to track live developments on Iran war "We do not think oil will get back to USD 70 this year... our base case for oil price is USD 80-85 ...Read More >
BENGALURU, - Oil prices extended gains on Tuesday as U.S. President Donald Trump heightened his rhetoric against Iran, threatening stronger action if the country fails to reopen the Strait of Hormuz, a key global oil transit chokepoint. Brent crude futures rose 57 cents, or 0.5%, to $110.34 a barrel by 1202 GMT, while U.S. West Texas Intermediate crude futures were up $1.26, or 1.1%, at $113.67. Trump, has threatened to rain "hell" on Tehran if it fails to comply with his deadline of 8 p.m. ...Read More >
Mumbai: The rupee marginally climbed Monday after a session of range-bound trading in which dollar sales through unwinding of arbitrage positions by lenders ahead of the regulator-set April 10 deadline was met with demand for the US currency from importers and oil companies. The rupee ended Monday at 93.06/$, versus its Thursday close of 93.10/$. The rupee traded in the 92.80/$ to 93.10/$ range Monday amid unwinding of arbitrage trades by banks. "At these levels, dollar demand surged after oil ...Read More >
BENGALURU, April 7 (Reuters) - Oil prices extended gains on Tuesday as U.S. President Donald Trump heightened his rhetoric against Iran, threatening stronger action if the country fails to reopen the Strait of Hormuz, a key global oil transit chokepoint. Brent crude futures rose 57 cents, or 0.5%, to $110.34 a barrel by 1202 GMT, while U.S. West Texas Intermediate crude futures were up $1.26, or 1.1%, at $113.67. Trump, has threatened to rain "hell" on Tehran if it fails to comply with his dea ...Read More >
Mumbai, April 6: The rupee gained 28 paise to close at 92.90 against the US dollar on Monday, following the Reserve Bank's measures to curb speculative fervour and dampen volatility in the Indian currency. Forex traders said that though the RBI measures are rupee-positive, unabated withdrawal of foreign capital, a firm dollar, and higher crude oil prices amid a volatile geopolitical situation continue to put pressure on the rupee. The RBI tightened its rules to curb speculative positions and c ...Read More >
Brokerages broadly expect IT companies to deliver a resilient Q4FY26 performance, supported by easing furloughs, steady deal ramp-ups and vendor consolidation. India Inc's Q4 earnings season is set to begin, with the IT sector taking centre stage as Tata Consultancy Services (TCS) kicks off results on April 9. Other majors, including Wipro (April 16), HCL Technologies (April 21) and Tech Mahindra (April 22) will follow, setting the tone for the sector amid global uncertainty and rising AI disru ...Read More >
Hyderabad, April 4 (RAHNUMA): The Government of India reaffirmed strong support for the pharmaceutical sector at a high-level Chintan Shivir organized by the Department of Commerce and Pharmexcil. The inaugural session was chaired by Rajesh Agrawal, Secretary, Department of Commerce. Senior officials including the Chairman of Pharmexcil and Joint Secretary from the Department of Pharmaceuticals addressed the gathering. The Commerce Secretary, in his address, highlighted the strong growth traje ...Read More >
Mumbai (PTI): The rupee gained 28 paise to close at 92.90 against the US dollar on Monday, following the Reserve Bank's measures to curb speculative fervour and dampen volatility in the Indian currency. Forex traders said that though the RBI measures are rupee-positive, unabated withdrawal of foreign capital, a firm dollar, and higher crude oil prices amid a volatile geopolitical situation continue to put pressure on the rupee. The RBI tightened its rules to curb speculative positions and capp ...Read More >
New Delhi [India], April 6 (ANI): Finance Minister Nirmala Sitharaman on Monday said the global economic landscape has moved from a phase of isolated shocks to one of "permanent volatility", underlining rising uncertainty due to geopolitical tensions and economic disruptions. Addressing the Golden Jubilee event of the National Institute of Public Finance and Policy in Delhi, Sitharaman pointed to several global challenges that have reshaped the world economy in recent years. "The current year ...Read More >
New Delhi, Apr 6: Silver prices jumped Rs 5,000 to Rs 2.42 lakh per kilogram in the national capital on Monday, while gold advanced to Rs 1.53 lakh per 10 grams due to easing crude oil rates and a weak US dollar. According to the All India Sarafa Association, the white metal appreciated by Rs 5,000, or 2.11 per cent, to Rs 2,42,000 per kg (inclusive of all taxes) from Friday's closing level of Rs 2,37,000 per kg. Gold of 99.9 per cent purity also advanced by Rs 2,300, or 1.52 per cent, to Rs 1 ...Read More >
New Delhi [India], April 6 (ANI): Gold is expected to remain volatile but largely rangebound over the next one month as easing geopolitical tensions, elevated oil prices and uncertainty over interest rates continue to weigh on sentiment, analysts said. "Gold remained below USD 4,700 per ounce on Monday as markets reacted to reports of a possible 45-day ceasefire between the U.S., Iran and regional mediators," said Amit Gupta, Senior Research Analyst - Commodities at Kedia Advisory. "While easin ...Read More >
Mumbai: The Reserve Bank's rate-setting panel on Monday started its three-day brainstorming session on the first bi-monthly monetary policy of the fiscal year amid expectations of a status quo on the benchmark lending rate in view of apprehensions of a spike in inflation due to the ongoing West Asia crisis. The decision of the six-member Monetary Policy Committee (MPC), headed by Reserve Bank Governor Sanjay Malhotra, will be announced on Wednesday. The RBI has cut rates by a total of 125 basis ...Read More >
New Delhi, Apr 6 (PTI) Silver prices jumped Rs 5,000 to Rs 2.42 lakh per kilogram in the national capital on Monday, while gold advanced to Rs 1.53 lakh per 10 grams due to easing crude oil rates and a weak US dollar. According to the All India Sarafa Association, the white metal appreciated by Rs 5,000, or 2.11 per cent, to Rs 2,42,000 per kg (inclusive of all taxes) from Friday's closing level of Rs 2,37,000 per kg. Gold of 99.9 per cent purity also advanced by Rs 2,300, or 1.52 per cent, to ...Read More >
The AM Green India Golf Premier League (IGPL) unveiled its ten franchise squads in New Delhi, aiming to enhance golf tourism and player development in India. With a commitment of US$2 billion for infrastructure, the season includes 15 events, featuring both local and international venues. Cricket star Yuvraj Singh and Minister Gajendra Singh Shekhawat emphasized the league's potential to elevate India's global tourism profile. The AM Green India Golf Premier League (IGPL) on Thursday announced ...Read More >
New Delhi, Apr 6 (PTI) Silver prices jumped Rs 5,000 to Rs 2.42 lakh per kilogram in the national capital on Monday, while gold advanced to Rs 1.53 lakh per 10 grams due to easing crude oil rates and a weak US dollar. According to the All India Sarafa Association, the white metal appreciated by Rs 5,000, or 2.11 per cent, to Rs 2,42,000 per kg (inclusive of all taxes) from Friday's closing level of Rs 2,37,000 per kg. Gold of 99.9 per cent purity also advanced by Rs 2,300, or 1.52 per cent, to ...Read More >
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