Business

Indian equity markets ended the week with gains despite geopolitical tensions in West Asia. Easing crude prices, a firmer rupee and softer bond yields supported sentiment, although benchmark indices declined on Friday amid renewed concerns over US-Iran tensions and energy supply disruptions.

Gold and silver prices rose on the Multi Commodity Exchange of India amid US-Iran geopolitical tensions, boosting safe-haven demand. Gold futures climbed above ₹1.53 lakh per 10 grams, while silver surged over ₹2.61 lakh per kg, tracking gains in global COMEX markets and rising crude oil prices

Cloudflare will cut over 1,100 jobs globally as it restructures operations around rising AI adoption. The company said AI usage internally surged 600 per cent, prompting organisational changes focused on the “agentic AI era” rather than traditional cost-cutting or performance-based layoffs

Air India board has reportedly discussed cost-cutting measures, including furloughs and bonus deferments, amid rising losses and operational pressures linked to West Asia tensions and higher fuel prices. The airline is also reviewing leadership transition and long-term financial restructuring plans.

Ravi Pandit, founder and chairman of KPIT Technologies passed away in Pune at 71. He transformed the company into a global automotive software leader and contributed significantly to public policy, sustainability, and industry initiatives across India

Economists expect the RBI to maintain a wait-and-watch stance on monetary policy amid geopolitical uncertainty and inflation trends. Rising food inflation and global oil prices are key risks, while the central bank is likely to avoid immediate policy tightening.

Indian equity markets opened lower on Friday as rising crude oil prices and escalating tensions in West Asia hurt investor sentiment. Weak global cues and continued foreign fund outflows further pressured the Sensex and Nifty during early trade.

The rupee weakened by 45 paise against the US dollar in early trade as Brent crude prices surged above USD 101 per barrel following renewed tensions near the Strait of Hormuz. Rising oil prices and weak market sentiment also weighed on domestic equities.

To Lam urged deeper India–Vietnam cooperation in AI, semiconductors, and green technology during a business forum in Mumbai. He highlighted shifting global supply chains and called for stronger economic integration and investment ties

S Jaishankar affirmed India’s commitment to partner with Suriname in its development journey, highlighting cooperation in trade, AI, digital technology and climate resilience during a Joint Commission meeting in Paramaribo

Skyroot Aerospace became India’s first space-tech unicorn after raising $60 million led by Sherpalo Ventures and GIC, valuing it at $1.1 billion. The Hyderabad startup is preparing for Vikram-1, India’s first privately built orbital rocket launch

Indian equity markets traded higher as hopes of a US-Iran peace deal boosted investor sentiment. Sensex and Nifty gained in early trade despite volatility in crude oil prices, while analysts warned about elevated AI-sector valuations and continued uncertainty surrounding the West Asia geopolitical crisis

India’s combined goods and services exports rose 4.59 per cent to a record USD 863.11 billion in 2025-26, driven mainly by strong growth in services exports. Merchandise exports also registered modest growth despite global economic uncertainties and challenges in international trade

TVS Industrial & Logistics Parks has signed an agreement for 10 acres in Siliguri to develop a logistics park aimed at improving regional logistics efficiency and warehousing infrastructure. The project will strengthen connectivity with Northeast India and neighbouring international trade corridors

New regulatory framework "significant index" has been introduced and grievance redressal mechanisms under the regulations will apply only to significant indices provided by Sebi-registered index providers

Realty Firm Sattva Group has launched its first residential project 'Sattva Sumera' at Parel in Mumbai. The group aims to generate a revenue of Rs 5500 Crores from the project.

The consolidated net profit of CG Power and Industrial Solutions Ltd stood at Rs 362 crore in the March quarter mainly on the back of higher revenues. Sales rose to Rs 3,442 crore during the quarter from Rs 2,753 crore in the same period a year ago.

Andhra Pradesh IT Minister, Nara Lokesh laid the foundation stone for Carrier Global's manufacturing facility, expected to generate 3000 jobs in the state.

BMW Industries reported an 87 per cent rise in consolidated net profit to Rs 33.01 crore in the March quarter, driven by higher revenues. The company also posted record quarterly PAT, announced a final dividend, and expanded operations through a PNG partnership with Indian Oil Corporation

The RBI is employing a "non-direct" strategy to defend the struggling rupee, according to forex traders.

Indian equity markets ended sharply higher on Wednesday as falling crude oil prices and optimism over possible progress in US-Iran diplomatic talks boosted investor sentiment. Banking, realty and heavyweight stocks led the rally, helping the Sensex and Nifty close near the day’s highs

An article in Arab News said India could play a major role in strengthening the US lead in artificial intelligence through its vast talent pool, large-scale datasets and growing digital infrastructure, as American tech companies continue investing billions of dollars in AI development across the country

TVS Motor Company led the segment with 37,683 units last month, compared to 19,976 units in April 2025-an increase of 88.64%.

Gold and silver prices rose up to 3 per cent on Wednesday, supported by a weaker dollar and easing oil prices. Gains were seen across MCX and global markets, although elevated crude prices and interest rate concerns continue to limit further upside.