Business
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Global optimism drives Indian stocks up; Sensex gains 500 points, Nifty soared 24,000 mark
May 6, 2026New Delhi , May 6 (ANI): Indian indices see green on the opening bell as domestic markets trade with significant gains on Wednesday morning.The BSE SENSEX stood at 77,536.67 points, marking an increase of 518.88 points... -
US gas prices hit four-year high of USD 4.50 as Strait of Hormuz bottleneck persists
May 6, 2026New Delhi , May 6 (ANI): Average US gas prices topped USD 4.50 a gallon on Tuesday, the highest level recorded in nearly four years, according to an ABC News report.This price milestone comes as the... -
RBI should reject the application, says InGovern Founder on Tata Sons’ NBFC deregistration; calls for immediate listing to benefit shareholders
May 6, 2026New Delhi , May 6 (ANI): Shriram Subramanian, Founder and Managing Director of InGovern Research Services, told ANI that Tata Sons is currently non-compliant with Reserve Bank of India (RBI) norms. In his letter to the... -
Pixxel wins US NRO contract to integrate hyperspectral data into remote sensing network
May 6, 2026New Delhi , May 6 (ANI): US-India-based space technology company Pixxel has secured a contract from the US National Reconnaissance Office (NRO) under its Commercial Systems Program Office to support advanced remote sensing capabilities.The contr......Read More -
Anduril to lead consortium to build space-based interceptors for US ‘Golden Dome’ defence system
May 5, 2026Washington DC , May 6 (ANI): Defence technology company Anduril Industries said that it will lead a group of industry partners to develop space-based interceptors for the US Space Force under the "Golden Dome" missile defence... -
Coinbase to cut about 14% of workforce as Brian Armstrong bets on AI-Native restructuring
May 5, 2026New Delhi , May 6 (ANI): Coinbase Co-founder and CEO Brian Armstrong said Tuesday that the company will reduce its workforce by about 14% as it repositions itself for a new era defined by artificial intelligence... -
India has room to see through global energy shock as inflation stays within band, says IMF’s Krishna Srinivasan
May 5, 2026New Delhi , May 5 (ANI): India has some policy space to navigate the ongoing global energy shock, supported by stable inflation and calibrated fiscal measures, Krishna Srinivasan, Director, Asia and Pacific Department at the International... -
Cabinet approves scheme to provide Rs 2.55 lakh crore credit support to businesses facing liquidity challenges amid West Asia crisis
May 5, 2026New Delhi , May 5 (ANI): The Union Cabinet on Tuesday approved Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 to provide additional credit support to businesses facing liquidity challenges due to the West Asia conflict. The... -
Parents pile into Samsung Electronics for kids’ stock gifts
May 5, 2026Seoul May 5 (ANI): Samsung Electronics was the most gifted domestic stock to underage children in April, accounting for more than half of such transactions, data from KB Securities showed, The Korea Herald reported... -
Shin Je-yoon warns walkout could hit chip output, ripple across economy
May 5, 2026Seoul , May 5 (ANI): Samsung Electronics' board chief warned of sweeping economic fallout from a looming strike, urging workers to return to the negotiating table as a dispute over chip-division bonuses escalates, according to...
