Wall Street hovered near record levels on Wednesday as falling crude oil prices eased inflation concerns and boosted investor sentiment, AP reported.The S&P 500 rose 0.1 per cent after closing at a record high in the previous session. The Dow Jones Industrial Average gained 171 points, or 0.3 per cent, while the Nasdaq Composite was…
The Indian Railway Technical Supervisors’ Association (IRTSA) has proposed a separate fitment-factor structure for different categories of employees under the 8th Pay Commission, moving away from the uniform formula followed in previous pay revisions, according to an ET report.The railway technical staff body has suggested five different fitment factors ranging from 2.92 to 4.38 across…
Institutional investors put in bids worth around Rs 19,000 crore for Coal India shares on the first day of the government’s offer for sale (OFS) on Wednesday, PTI reported.The government is selling up to a 2 per cent stake, or over 12.32 crore shares, in Coal India at a floor price of Rs 412 per…
Gautam Adani (file photo) Adani Power share price today: In a milestone for the company, Adani Power has overtaken IT sector giant Infosys in terms of market capitalisation after seeing a sharp rally of nearly 68% so far in 2026.Adani Power’s market value currently stands at nearly Rs 4.85 lakh crore, higher than Infosys, whose…
On 26th May 2026, the BSE Sensex closed at 76,009.70, declining by -479.26 points (-0.63%), as profit booking emerged after the recent sharp upside rally. The index opened lower by around 265 points at 76,224.14 and initially witnessed upside momentum, touching an intraday high of 76,627.04 during early trade. However, the market failed to sustain…
NEW DELHI: India and Canada are looking at concluding the negotiations for a free trade agreement by end of this year, commerce and industry minister Piyush Goyal has said. Goyal is in Canada for a three-day official visit, starting May 25. “Our Prime Minister has tasked us not only with completing the free trade agreement…
NEW DELHI: Maruti Suzuki on Tuesday rolled out a series of austerity measures for employees and business partners, to formally respond to Prime Minister Narendra Modi’s call to conserve fuel and reduce foreign exchange spending amid the ongoing West Asia conflict.In a post on X, the country’s largest carmaker said management should conduct business in…
CHENNAI: JK Tyre has announced one of the largest capacity expansion programmes among Indian tyre manufacturers, despite concerns over the impact of the West Asia crisis on raw material prices. The company has earmarked Rs 4,980 crore to expand the capacities of its truck and bus radial (TBR) and passenger car radial (PCR) tyre businesses…
MUMBAI: Sebi is pushing ahead with bond market reforms with plans for bond tokenisation pilots and a new regulatory framework for debt brokers, as it seeks to deepen corporate debt markets beyond their current narrow base of issues and investors. The regulator is looking at easing disclosure norms for debt-only issues.Noting that financing for business…
MUMBAI: Cash logistics companies, which replenish ATMs, have approached banks seeking measures to offset a sharp rise in operating costs, warning that a combination of fuel inflation, wage hikes and compliance expenses could push industry costs up by 15-20% in the near term. An increase in fees is likely to require a revision in ATM…