Business News: Economy & Markets

19th Rozgar Mela: New recruits from Vadodara, Bengaluru express joy after getting appointment letters

IANS | May 23, 2026 2:57 PM

Vadodara/Bengaluru, May 23 (IANS) Prime Minister Narendra Modi on Saturday distributed more than 51,000 appointment letters to newly recruited candidates across various government departments and organisations during the 19th edition of the Rozgar Mela held at 47 locations across the country. Newly appointed youths in Vadodara and Bengaluru on Saturday expressed happiness and gratitude after receiving their appointment letters.

Fuel excise duty cut results in Rs 30,000 crore cost for central exchequer, no burden on consumers

IANS | May 23, 2026 2:45 PM

New Delhi, May 23 (IANS) The special additional excise duty (SAED) cut on petrol and diesel on March 27, 2026 resulted in approximately Rs 30,000 crore cost for the central exchequer in the current fiscal year, and the pass-through of higher crude was not made to the consumer; it was absorbed by the exchequer.

Union Ministers hail PM Modi’s Rozgar Mela as boost to youth empowerment

IANS | May 23, 2026 2:44 PM

New Delhi, May 23 (IANS) Union Ministers on Saturday hailed Prime Minister Narendra Modi’s Rozgar Mela initiative after he virtually distributed more than 51,000 appointment letters to newly recruited candidates in various government departments and organisations across the country.

APO Governing Body reviews Vision 2030 roadmap, institutional performance measures

IANS | May 23, 2026 2:35 PM

New Delhi, May 23 (IANS) The Governing Body Meeting of intergovernmental body Asian Productivity Organization concluded here after three days of deliberations, reviewing Vision 2030 roadmap and institutional performance measures, an official statement said on Saturday.

India-UAE agreements deepen partnership in energy, defence and AI: Report

IANS | May 23, 2026 1:49 PM

New Delhi, May 23 (IANS) Agreements signed between India and the United Arab Emirates during Prime Minister Narendra Modi's visits deepen strategic‑economic partnership across energy storage, long‑term fuel supplies, defence cooperation and artificial intelligence, a report has said.

IndiGo issues Delhi travel advisory amid thunderstorm, rain forecast

IANS | May 23, 2026 1:39 PM

New Delhi, May 23 (IANS) IndiGo on Saturday issued a travel advisory for passengers travelling to and from Delhi amid forecasts of thunderstorms and rain in the national capital, warning that flight departures and arrivals could be impacted due to adverse weather conditions.

India fuel hike lowest in world, highest prices seen in Congress-ruled and INDIA-bloc south

IANS | May 23, 2026 12:31 PM

New Delhi, May 23 (IANS) The cumulative petrol and diesel revision of just under Rs 5 a litre in three days this month is the “smallest material upward movement” of any major economy outside the directly subsidising Gulf producers, and the states that tax fuel most heavily are governed by the political opposition, according to data.

Global oil prices climb as Iran indicates scepticism of agreement with US

IANS | May 23, 2026 12:09 PM

New Delhi, May 23 (IANS) Global oil prices climbed on the last day of trading week after Iran cast doubt on market hopes for a near‑term agreement with the United States.

No overall shortage of petrol, diesel in country: Indian Oil Corporation

IANS | May 23, 2026 11:46 AM

New Delhi, May 23 (IANS) There is no overall shortage of petrol and diesel in the country and outages reported at some retail outlets are "highly localised" and temporary, Indian Oil Corporation (IOC) said on Saturday.

SEBI probes 7-member family for Rs 20 crore gains from social‑media stock manipulation

IANS | May 23, 2026 11:22 AM

Mumbai, May 23 (IANS) The Securities and Exchange Board of India (SEBI) has found seven individuals from a single family allegedly using social media platforms to influence retail investors and make illegal profit by taking buy positions ahead of public stock recommendations.

business

19th Rozgar Mela: New recruits from Vadodara, Bengaluru express joy after getting appointment letters

Fuel excise duty cut results in Rs 30,000 crore cost for central exchequer, no burden on consumers

Union Ministers hail PM Modi’s Rozgar Mela as boost to youth empowerment

APO Governing Body reviews Vision 2030 roadmap, institutional performance measures

India-UAE agreements deepen partnership in energy, defence and AI: Report

IndiGo issues Delhi travel advisory amid thunderstorm, rain forecast

India fuel hike lowest in world, highest prices seen in Congress-ruled and INDIA-bloc south

Global oil prices climb as Iran indicates scepticism of agreement with US

No overall shortage of petrol, diesel in country: Indian Oil Corporation

SEBI probes 7-member family for Rs 20 crore gains from social‑media stock manipulation

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