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$5 Billion UAE Investments Seal Major India Deals During Modi Trip
BREAKING NEWS
BusinessMay 15, 2026

$5 Billion UAE Investments Seal Major India Deals During Modi Trip

In a landmark moment for bilateral ties, Prime Minister Narendra Modi’s UAE visit yielded a treasure trove of agreements on Friday, headlined by a massive $5 billion infusion from the UAE into Indian...

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₹80 Trillion Urban Investment Push: India's 2037 Infrastructure Goal
[Business]May 15, 2026

₹80 Trillion Urban Investment Push: India's 2037 Infrastructure Goal

With cities poised to dominate India's economy, a landmark report calls for ₹80 lakh crore in urban infrastructure spending by 2037. This massive infusion is essential to support accelerating...

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IDFC First Bank Fraud: CBI Strikes 7 Sites in Chandigarh
[Business]May 15, 2026

IDFC First Bank Fraud: CBI Strikes 7 Sites in Chandigarh

The CBI's hammer fell hard on Thursday with coordinated raids at seven locations in Chandigarh and Panchkula, zeroing in on the IDFC First Bank and AU Small Finance Bank scam that has rocked...

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India's 15% Gold Duty Boost: 23 bps CAD Relief Ahead
[Business]May 15, 2026

India's 15% Gold Duty Boost: 23 bps CAD Relief Ahead

In a strategic bid to safeguard its external balances, the Indian government has hiked gold import duties (including cess) to 15% from 6%, potentially trimming the current account deficit by up to 23...

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Sugar Export Ban Till 2026: Rajasthan Traders Welcome Move
[Business]May 15, 2026

Sugar Export Ban Till 2026: Rajasthan Traders Welcome Move

The Centre's decision to prohibit sugar exports effective immediately until September 30, 2026, aims to flood the domestic market with supply and tame inflation. Sugar merchants from Sri Ganganagar...

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Fuel Price Rise of Rs 3/Litre Deemed Responsible: CAT
[Business]May 15, 2026

Fuel Price Rise of Rs 3/Litre Deemed Responsible: CAT

In a strong show of support, the All India Traders Confederation (CAT) on Friday hailed the government's Rs 3 per litre petrol and diesel price hike as a thoughtful and accountable action. The move...

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Income Tax Dept Launches AY 2026-27 ITR Utilities: File Now
[Business]May 15, 2026

Income Tax Dept Launches AY 2026-27 ITR Utilities: File Now

In a timely announcement, the Income Tax Department on Friday unveiled Excel utilities for ITR-1 and ITR-4 on the e-filing portal, marking the commencement of return filing for Assessment Year...

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Strong Dollar Crushes Gold Silver Prices to 11,700 Low
[Business]May 15, 2026

Strong Dollar Crushes Gold Silver Prices to 11,700 Low

Precious metals faced a brutal sell-off in Mumbai on Friday, driven by a surging dollar that sent gold and silver prices crashing as much as 11,700 rupees. The MCX floor buzzed with activity as...

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Sensex Nifty Flat Start: IT Auto Shine, Midcaps Slip
[Business]May 15, 2026

Sensex Nifty Flat Start: IT Auto Shine, Midcaps Slip

Indian equities began the day cautiously amid choppy international signals, with major indices hovering near the flatline early Friday. By 9:18 AM, Sensex had edged up 86 points (0.12%) to 75,490,...

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