Business News

Mumbai. Saturday, 30 May 2026 Urgent public advisory warning its millions of account holders against a sophisticated cyber fraud wave. Scam messages are flooding messaging platforms like WhatsApp, SMS, and Telegram, falsely claiming that users can redeem pending cash rewards or loyalty points from SBI. However, cybersecurity authorities—including the PIB …

Mumbai. Saturday, 30 May 2026 InterGlobe Aviation, the parent company of India’s largest domestic carrier, IndiGo, announced its consolidated financial results for the fourth quarter ending March 31, 2026 (Q4 FY26). The airline reported a staggering net loss of ₹2,536 crore for the quarter, marking a sharp contrast to the …

New Delhi | Friday, 29 May 2026 In an increasingly unstable global environment, the Reserve Bank of India’s (RBI) newly released Annual Report for FY 2025-26 provides a reassuring blueprint for the nation’s financial trajectory. Despite escalating geopolitical tensions in West Asia threatening international trade corridors, India’s robust domestic economic …

Mumbai. Friday, 29 May 2026 Indian equity benchmarks suffered an aggressive final-hour liquidation on Friday, ending a volatile week on a deeply bearish note. The benchmark BSE Sensex plunged more than 1,200 points in intraday liquidation before settling 1,092.00 points, or 1.44%, lower at 74,775.74. Simultaneously, the broad-based NSE Nifty …

Mumbai. Friday, 29 May 2026 The corporate battle over control of the strategic Cambay Basin oil and gas block (CB-OS-02) in Gujarat has entered a critical waiting period. Despite direct orders from the Indian government, state-owned energy giant Oil and Natural Gas Corporation (ONGC) has been unable to assume operational …

Mumbai. Friday, 29 May 2026 The Reserve Bank of India (RBI) recently released its highly anticipated annual report for the financial year 2025-26 (FY26), unveiling a striking paradox in India’s financial sector. While the frequency of banking scams has dropped drastically, the monetary scale of individual crimes has ballooned. For …

New Delhi. Friday, 29 May 2026 In a sweeping legal development that will fundamentally redefine the economics of Indian television, the Delhi High Court has officially upheld the Telecom Regulatory Authority of India’s (TRAI) strict regulation limiting television advertisements to a maximum of 12 minutes per clock hour. A division …

Mumbai. Friday, 29 May 2026 As we enter June 2026, banking consumers across India are urged to review their financial calendars. According to the official notification issued by the Reserve Bank of India (RBI) under the Negotiable Instruments Act, both public and private sector banks will remain closed for up …

New Delhi. Friday, 29 May 2026 In an era defined by shifting global alliances and economic fragmentation, India has launched a massive diplomatic and commercial outreach across North America. Union Minister of Commerce and Industry, Piyush Goyal, recently concluded an intense, dual-nation tour covering New York and Toronto. Engaging with …

New Delhi. Friday, 29 May 2026 India’s road infrastructure is shifting gears into higher financing efficiency. As part of the central government’s National Monetization Pipeline (NMP), the National Highways Authority of India (NHAI) has officially finalized a tentative list of 17 critical highway projects earmarked for asset monetization during the …