Business
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Tariff move arrives during India-U.S. talks
NDTVArchived
The forced-labour tariff proposal overlaps with U.S. trade officials visiting Delhi to discuss a bilateral agreement. NDTV reported the USTR team, led by chief negotiator Brendan Lynch, is working on finalising the framework agreed in February. That makes the tariff threat both a
Zhang Yiming overtakes Ambani in Asia rich list
Republic WorldArchived
ByteDance co-founder Zhang Yiming has overtaken Mukesh Ambani to become Asia's second-richest person, Republic World reported citing the Bloomberg Billionaires Index. Zhang's net worth rose to $92.8 billion after ByteDance's valuation increased and its AI ambitions gained investo
PIB rejects RBI gold sale claim
NDTVArchived
PIB Fact Check rejected a Bloomberg Economics analysis suggesting the Reserve Bank of India may have sold about $12 billion of gold to protect foreign-exchange reserves amid Iran-war pressure, NDTV and other reports said. Government sources called the claim false, citing RBI data
Bajaj Avenger 220 Street returns at Rs 1.3 lakh
RushLaneArchived
Bajaj appears to have quietly launched the 2026 Avenger 220 Street in India at Rs 1,30,172 ex-showroom, RushLane reported. The model is listed on Bajaj's site after the Avenger 160 Street was delisted. It comes in Ebony Black and Cocktail Wine Red, sharing its price with the chro
Sensex snaps four-day loss streak on IT rally
The HinduArchived
Indian stock markets rebounded on Tuesday, with the BSE Sensex rising 382.50 points, or 0.52 percent, to close at 74,649.84, The Hindu reported. The NSE Nifty gained 100.95 points to end at 23,483.55. TCS, Infosys, HCL Tech and Tech Mahindra led a strong rally in information tech
Oil prices ease as markets watch Iran talks
The HinduArchived
Oil prices fell on Tuesday after sharp gains in the previous session as traders weighed mixed signals on US-Iran talks, The Hindu reported. Brent crude futures dropped 75 cents, or 0.79 percent, to $94.23 a barrel, while West Texas Intermediate fell 85 cents, or 0.92 percent, to
Sensex and Nifty decline in early trade
The HinduArchived
Indian equity benchmarks declined in early trade on Tuesday as investors watched repeated setbacks in US-Iran talks, The Hindu reported. The BSE Sensex fell 296.19 points to 73,971.30, while the NSE Nifty dropped 103.30 points to 23,272.25. Foreign institutional selling also weig
ED searches Vedanta offices in Mumbai and Delhi
MoneycontrolArchived
The Enforcement Directorate conducted search operations at Vedanta offices in Mumbai and Delhi, Moneycontrol reported, citing CNBC-TV18. Sources said the searches were linked to royalty payments made by Vedanta to its parent company. Officials said the action was under the Foreig
Coca-Cola plans listing for Hindustan Coca-Cola Holdings
The Economic TimesArchived
Coca-Cola is exploring a public listing in India for Hindustan Coca-Cola Holdings, parent of bottler Hindustan Coca-Cola Beverages, The Economic Times reported. The potential listing is expected in 2027 on the BSE and NSE, subject to market conditions and approvals, with Rothschi
Infosys and TCS lead Nifty IT rally
MoneycontrolArchived
Infosys and TCS shares jumped as much as 6 percent while the Nifty IT index rallied 4.5 percent, Moneycontrol reported. The move followed a global rebound in software stocks as investors reassessed earlier worries that artificial intelligence would disrupt technology business mod
Gautam Adani meets 17 startup founders
NDTVArchived
Gautam Adani said he met 17 startup founders from the Griffin Founders collective, many working at the frontiers of deep tech. In a social media post, he said the next India would be built across founders, infrastructure, capital, energy, logistics, AI, space, and talent, not in
Saini launches Make in Haryana 2026 policy
ANIArchived
Haryana Chief Minister Nayab Singh Saini launched the Make in Haryana Industrial Policy 2026 in Gurugram, pitching the state as a future-ready investment destination. The policy targets Rs 5 lakh crore in investment and 10 lakh jobs. Memorandums of understanding worth Rs 1.10 lak
CBI arrests RCom Group MD in bank fraud case
IANSArchived
The CBI arrested Reliance Communications Group managing director Amitabh Jhunjhunwala in a Rs 6,015 crore bank fraud case involving an SBI-led consortium of 11 banks, IANS reported. He was already in Tihar custody in an ED case, produced in Mumbai, formally arrested, and sent to
Rupee's long losing run may halt on relief from oil and US yields
ReutersArchived
The rupee's long losing streak may ease after oil prices cooled and U.S. Treasury yields retreated, traders said on May 21. The currency had neared 97 per dollar amid Iran war-driven crude spikes and equity outflows. WTI traded lower after Trump signalled final-stage Iran talks,RBI sells dollars before market open as rupee rallies about 70 paise
ReutersArchived
The Reserve Bank of India revived aggressive pre-market dollar sales on May 21 to arrest the rupee's slide. State-run banks offloaded dollars before the open, lifting the currency about 70 paise within minutes to near 96 and opening onshore spot at 96.30, up 0.5 percent after it
Parliament finance panel hears Binance, WazirX, and ZebPay on virtual digital assets
MoneycontrolArchived
The Parliamentary Standing Committee on Finance met Binance, WazirX, and ZebPay on May 20 in New Delhi to study virtual digital assets. Chaired by BJP MP Bhartruhari Mahtab, the panel also heard IFSCA officials and finance ministries on taxation, investor protection, and a broade