RBI Considers Rate Hike to Halt Rupee's Plunge
The RBI, led by Governor Sanjay Malhotra, is weighing measures including a rate hike to stabilize the rupee after it hit a record low near 97 per dollar.
The RBI, led by Governor Sanjay Malhotra, is weighing measures including a rate hike to stabilize the rupee after it hit a record low near 97 per dollar.
Vodafone Idea share price surged after the company announced plans to expand its 5G footprint. The stock gained over 5% on Thursday, May 22, 2026.
VVN Lakshmi Kumari Akula emphasizes transparency and long-term trust in her governance approach at Vaishali Securities Limited, focusing on ethical practices and stakeholder value.
Indian stock markets bounced back in early trading on Friday, recovering from recent losses, with the BSE Sensex gaining over 300 points and the NSE Nifty rising above 22,500.
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RecommendedPunjab Agricultural University's business incubator was recognized at a startup conclave, highlighting its role in fostering agri-innovation and entrepreneurship among students and startups.
Indian stock markets continued their upward trend driven by optimism over easing geopolitical tensions between Iran and Israel, along with positive global cues.
A court warns TDI directors of jail for failing to refund homebuyers. The case highlights legal remedies for buyers and the consequences for builders under consumer protection laws.
The Indian rupee gained 18 paise to 96.18 against the US dollar in early trade on Thursday, supported by constructive diplomatic signals from the US on the Iran situation.
Before buying property in India, verify these 10 essential legal documents to avoid fraud, disputes, and hidden liabilities. Ensure a safe investment.
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RecommendedTwo brothers, including a minor, were killed and their uncle critically injured in a shooting in Ulhasnagar's Camp No. 5 area. Police suspect an extortion dispute led to the attack.
Manish Malhotra collaborates with A Dot to create India's premier designer destination for weddings, MICE, and grand celebrations, blending couture with hospitality.
ITC shares opened in the red on May 22, 2026, after the company announced Q4 results and a dividend of Rs 8 per share. Check record date and details.
Indian markets opened on a mixed note with Sensex up 77 points and Nifty flat. Maruti Suzuki gained 1% while ITC fell. Positive global cues supported sentiment.
PNB offers up to 7.5% interest on fixed deposits. A Rs 1.5 lakh deposit for 5 years yields Rs 1.07 lakh interest. Check full calculation.
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RecommendedTransporters and taxi unions in Delhi-NCR continued their strike for a second day, protesting the environment compensation cess on commercial vehicles and rising fuel prices. The impact remained limited, with autos and taxis operating normally.
Cabs and autorickshaws operated normally in Gurgaon on Thursday despite a three-day strike by AIMTC over environmental compensation charge. Commuters faced no issues finding rides, with no surge pricing or shortage of vehicles.
Bajaj Broking Research recommends buying Garden Reach Shipbuilders (GRSE) and NBCC on May 22, 2026, with targets of ₹2918 and ₹101 respectively, citing technical support and bullish signals.
Tariq Premji, son of Wipro founder Azim Premji, purchased a luxury duplex penthouse in Bengaluru for Rs 45.7 crore, marking one of the city's largest residential deals this year.
Gold prices are poised for a second consecutive weekly decline as the market remains range-bound due to US-Iran conflict uncertainty and high crude oil prices. Domestic gold rose Rs 600 to Rs 1,65,500 per 10 grams on Thursday.
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RecommendedSEBI has proposed changes to the pre-open price discovery mechanism to prevent artificial price suppression. The new rules aim for fairer price formation during the IPO listing process.
Finance Commission Chairman Arvind Panagariya tells RBI that the rupee's depreciation is natural and the current moment is right to let it adjust, calling Rs 100 a psychological number.
Authorities have uncovered over 60 illegal bleach houses operating on farmland in Panipat, raising environmental and health concerns. The units are polluting water and soil.
Stock market live updates: BSE Sensex and Nifty50 are set for a positive start on Friday. Analysts highlight key support and resistance levels amid high crude oil prices and US-Iran uncertainty.
India is set to deliver 45 warships in 3-4 years and has received approval for 195 more naval vessels, boosting its fleet to 200 by 2035 amid rising Chinese threat.
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RecommendedLIC reported a 19.3% rise in standalone profit to Rs 57,419 crore for FY26, with a 41.6% surge in value of new business. Total premium income grew 9.8% to Rs 5,35,984 crore. Board declared 100% dividend.
Oil prices climbed on Friday amid uncertainty in US-Iran peace negotiations and ongoing concerns over supply disruptions through the Strait of Hormuz, with Brent crude rising 2.3% to $104.96 a barrel.
Adani Ports and SEZ will acquire 100% stake in Jaypee Fertilisers & Industries for Rs 1,500 crore as part of NCLT-approved resolution plan, strengthening inland logistics in North India.
LG Electronics India reported an 8.2% decline in net profit to Rs 692.7 crore for Q4 FY26, while revenue rose 8.1% to Rs 8,053.6 crore year-on-year.
Zepto aims to launch its Rs 11,000 crore IPO in July 2025, joining rivals Zomato and Swiggy on stock exchanges after Sebi approval.
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RecommendedGoldman Sachs cut Jubilant Foodworks target to Rs 460. Nomura has a buy on BPCL with Rs 365 target. Morgan Stanley overweight on PI Industries. Nuvama upgrades Grasim. Motilal Oswal maintains buy on BEL.