Business News: Economy & Markets

‘Gross mismanagement’: Cong attacks Centre after Air India cuts on global operations

IANS | May 3, 2026 12:42 PM

New Delhi, May 3 (IANS) The Congress party on Sunday launched an attack on the Centre after reports emerged that Air India may scale back its international flight operations until July due to a steep rise in jet fuel prices, calling it a case of “gross mismanagement” and accusing the government of ignoring the country’s long-term economic interests.

Weak global cues, oil price, FII data likely to drive D-Street next week

IANS | May 3, 2026 11:21 AM

Mumbai, May 3 (IANS) The Indian stock market is likely to remain under pressure in the coming week as investors grapple with rising crude oil prices, persistent foreign fund outflows, and escalating geopolitical tensions.

S. Korea: Nearly 900 Air Force pilots left for civilian airlines over past decade

IANS | May 3, 2026 10:54 AM

Seoul, May 3 (IANS) Almost 900 Air Force pilots have left the armed forces for better-paying jobs with civilian airlines over the past decade, data showed on Sunday.

AI trade behind FPI outflows from India as AI stock overvaluation concerns linger

IANS | May 3, 2026 10:22 AM

New Delhi, May 3 (IANS) As long as the artificial intelligence (AI) trade continues, the trend of foreign portfolio investors (FPIs) outflows from India is likely to continue, analysts said on Sunday.

OPEC+ agrees to oil output quota hike amid Hormuz blockade, Kuwait oil exports zero

IANS | May 3, 2026 9:55 AM

New Delhi, May 3 (IANS) Amid the ongoing West Asia conflict, OPEC+ countries have agreed in principle to raise oil output targets in June.

Govt urges DRTs to emulate best practices to accelerate disposal of cases

IANS | May 3, 2026 9:37 AM

New Delhi, May 3 (IANS) In a bid to reduce pendency and accelerate disposal of cases, the government has urged debt recovery tribunals (DRTs) to emulate best practices.

Govt notifies 100 pc FDI in insurance under automatic route

IANS | May 2, 2026 10:34 PM

New Delhi, May 2 (IANS) The Union government notified 100 per cent foreign direct investment (FDI) in the insurance sector under the automatic route, paving the way for greater participation by overseas investors, according to a report released on Saturday.

Joram Aniya's inclusion in Niti Aayog a historic moment

IANS | May 2, 2026 10:21 PM

New Delhi, May 2 (IANS) Prime Minister Narendra Modi has approved the appointment of Joram Aniya as a full-time member of NITI Aayog, which marks a historic milestone that brings an eminent intellectual voice from Arunachal Pradesh into the highest level of national policymaking, according to a notification issued on Saturday.

India to grow over 7 pc despite West Asia conflict: CEA Nageswaran

IANS | May 2, 2026 10:01 PM

New Delhi, May 2 (IANS) India's economy is likely to sustain growth above seven per cent in the near term even as geopolitical tensions in West Asia pose risks to the macroeconomic outlook, Chief Economic Adviser (CEA) V. Anantha Nageswaran said on Saturday.

Maharashtra CM Fadnavis building pathway for Mumbai's transformation: Piyush Goyal

IANS | May 2, 2026 9:50 PM

New Delhi, May 2 (IANS) Commerce and Industry Minister Piyush Goyal on Saturday said that Maharashtra Chief Minister Devendra Fadnavis is building a pathway for Mumbai's transformation where ease of living for citizens is paramount.

BUSINESS

‘Gross mismanagement’: Cong attacks Centre after Air India cuts on global operations

Weak global cues, oil price, FII data likely to drive D-Street next week

S. Korea: Nearly 900 Air Force pilots left for civilian airlines over past decade

AI trade behind FPI outflows from India as AI stock overvaluation concerns linger

OPEC+ agrees to oil output quota hike amid Hormuz blockade, Kuwait oil exports zero

Govt urges DRTs to emulate best practices to accelerate disposal of cases

Govt notifies 100 pc FDI in insurance under automatic route

Joram Aniya's inclusion in Niti Aayog a historic moment

India to grow over 7 pc despite West Asia conflict: CEA Nageswaran

Maharashtra CM Fadnavis building pathway for Mumbai's transformation: Piyush Goyal

LATEST NEWS

Jharkhand T20 League: Ranchi Titans, Chota Nagpur Royals triumph on Day 6

SIT intensifies probe into Ram Janmabhoomi donation fund irregularities

Amit Malviya flags Akal Takht’s rebuke of Punjab CM Mann

Tiafoe overcomes in-form Cobolli for first-round win in Halle

SC to hear tomorrow plea against Banke Bihari Temple panel's decisions on darshan timings, rituals

Bengal T20 League: Royal Tigers script first win; Smashers Malda cruise past Howrah Warriors (Ld)

Women's T20 WC: We will start from zero, says England's Lauren Bell ahead of Ireland clashv

Trump shifts focus to Ukraine after Iran deal

Slovakia confers its highest honour on PM Modi

Nottingham Open: Zheng Qinwen rallies past Sakkari for first grass-court win of season