Pernod Ricard Faces Regulatory and Tax Hurdles in India
French spirits giant Pernod Ricard faces a $300 million tax demand, antitrust probe, and Delhi licence ban in India, its largest market, straining business continuity.
French spirits giant Pernod Ricard faces a $300 million tax demand, antitrust probe, and Delhi licence ban in India, its largest market, straining business continuity.
The Indian rupee depreciated by 8 paise to 95.78 against the US dollar in early trade on Wednesday, tracking a strong greenback and risk-off sentiment.
Banks in several Indian cities are closed on May 27, 2026, for Bakrid (Id-ul-Zuha). Check the state-wise list of closures here.
Mehul Kothari of Anand Rathi recommends buying AIA Engineering, SBI, and Hindustan Copper on May 27, 2026, citing technical breakouts and support levels.
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RecommendedGold prices edged higher on Wednesday as the US dollar softened, while investors monitored US-Iran peace talks and Federal Reserve policy for further direction.
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Indraprastha Gas Limited increased CNG price by Rs 2 per kg in Delhi-NCR due to higher input costs and West Asia crisis. CNG now costs Rs 83.09 per kg in Delhi, impacting auto and taxi fares.
A 45-year-old man from Mangaluru was cheated of Rs 3.5 lakh after being lured into a forex trading scheme promising 7% returns. A case has been registered.
RBI announces bank holidays in May 2026, including Bakrid (Eid-ul-Adha) on May 27-28. Banks closed in multiple cities. Check full list.
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RecommendedAn FMCG company reported an 88% surge in net profit, driving its stock into focus. Check the share price and other key details here.
The Credit Linked Subsidy Scheme for Middle Income Group (CLSS for MIG) helps families with annual income up to Rs 18 lakh get interest subsidy on home loans, reducing EMIs.
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A retail stock has declared a final dividend cash payout, drawing investor attention. The company announced a dividend per share, with record and payment dates set.
A solar energy stock surged over 8% on Thursday, defying weakness in benchmark indices. The company's strong fundamentals and positive outlook drove the rally.
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RecommendedPetrol price in Chandigarh has crossed Rs 100 per litre, while diesel is also inching towards the century mark, reflecting the ongoing fuel price hike across India.
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CNG price in Delhi-NCR increased by Rs 2 per kg, marking the fourth hike in under two weeks, impacting auto and taxi fares.
CNG prices in Delhi have been hiked by Rs 2 per kg, reaching Rs 83.09 per kg. This is the second increase in a week, following a similar hike in petrol and diesel prices.
Fuel prices in Jaipur have surged to record levels after the fourth hike in less than two weeks, with petrol at Rs 112.66 and diesel at Rs 97.78 per litre, disrupting household budgets and raising transportation costs.
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RecommendedRelentless fuel price hikes push Kolkata's household budgets to breaking point, with petrol at Rs 113.51/litre and diesel at Rs 99.82/litre, causing 10-12% rise in vegetable prices.
The Indian rupee strengthened by 34 paise to close at 95.26 against the US dollar on May 25, 2026, amid positive market sentiment and foreign fund inflows.
In 2026, home loan rates are at 7.1% but property prices are rising. Understand the real cost of buying a home with expert insights on EMIs, salaries, and market trends.
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The Indian rupee strengthened 40 paise to 95.20 against the US dollar on Monday, driven by optimism over a potential US-Iran peace deal and positive global cues.
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RecommendedPetrol and diesel prices have been raised for the fourth time in less than two weeks, adding pressure on household budgets and transport costs across India.
Petrol and diesel prices remain stable in Delhi and Bangalore. Oil stocks like IOC, BPCL, HPCL are in focus amid crude oil volatility. Check latest rates and market updates.
Gold prices climbed over 1% and silver surged nearly 4% on Monday as the US dollar weakened and oil prices dropped. Analysts expect range-bound trading amid US-Iran negotiations.
Motilal Oswal recommends Samvardhana Motherson and Zydus Wellness as top stock picks for the week starting May 25, 2026, citing strong growth prospects.
Fuel prices rose for the fourth time in under two weeks, with petrol and diesel increasing by Rs 2.61 and Rs 2.71 per litre, respectively, adding pressure on household budgets.
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RecommendedPetrol prices increased by Rs 2.61 per litre and diesel by Rs 2.71 per litre, marking the fourth hike in 10 days. Check new rates.