Business

As India struggles with rising oil import costs, Monaco-based FOWE Eco Solutions claims its Cavitech fuel emulsion technology can cut fuel use, lower emissions, and improve industrial efficiency using water-based fuel emulsions without engine modifications, offering potential economic and environmental benefits for energy-intensive sectors

The government has placed silver imports under a restricted licensing regime to curb rising inflows and manage forex outflow. The move follows a sharp jump in imports after recent duty hikes on gold and silver to over 18 per cent

Commerce Secretary Rajesh Agrawal said intra-BRICS trade has grown significantly but still accounts for only 5 per cent of global trade, highlighting untapped potential. India, holding the BRICS chairship, emphasized stronger integration, value chains, and expanded cooperation in goods and services.

Dr Reddy's Labortaries becomes one among the first to introduce Semaglutide injection used in type-2 diabetes treatment in the Canadian market. The launch follows their successful launch in India under the brand name Obeda, CEO Erez Israeli said

The TCS CEO's salary saw a 6.3 per cent increase in FY26, including a Rs 25 core performance bonus while the chairman, N Chandrasekaran, abstained from receiving any commission. TCS reported a Rs 49,210 crore profit for FY26

Fuel price hike could cut OMC losses by up to Rs 52, 700 crore, says SBI report. At the same time, depreciation of the rupee by Rs. 2 from FY27 avg. to the dollar could offset gains from the fuel price revision, the report warned

India now accounts for 70% of global jaggery production as exports reach 450 metric tonnes with govt. initiatives like PMKSY and One District, One product complementing the growth. Major importers include the US, Indonesia, and UAE, govt. states.

TCS sharpens it's focus on full-stack artificial solutions as CEO and MD K Krithivasan states the company aims to become the world's largest AI-led technology services company by FY27

NHPC profits grow to Rs. 1,549.42 crores in Q4 spotting a 68% growth in profits

Gold and silver prices surged this week on the MCX amid geopolitical tensions and volatile crude oil prices. Analysts said bullion markets remained supported despite profit booking, with investors closely watching resistance and support levels for further price direction

Global oil prices rose sharply after renewed tensions between the United States and Iran reduced hopes of smooth movement through the Strait of Hormuz. Investors remained worried over supply disruptions, while fresh diplomatic and geopolitical tensions added pressure to global energy markets

The domestic currency opened at 95.86 in the interbank foreign exchange market and slipped to 95.94 during early trade, after touching an all-time low of 95.96 in the previous session.

Gold and silver prices plunged up to 4% on the MCX Friday, driven by a stronger US dollar and expectations of prolonged high interest rates. While precious metals weakened due to rising US inflation, crude oil prices climbed over 1%.

The Income Tax Department has enabled ITR filing for assessment year 2026-27 by releasing Excel utilities for ITR-1 and ITR-4 forms on the e-filing portal. Taxpayers can now file returns offline and upload them online after verification

Indian equity markets traded flat in early trade on Friday amid mixed global signals. While IT and auto stocks gained, metal and realty shares remained under pressure. Investors tracked Q4 earnings, fuel price hikes, crude oil movement, and trends in Asian and US markets

The Indian government’s policy response appears reactive rather than preventive, as higher gold import duties may fuel smuggling and increase reliance on recycled gold

US President Donald Trump and Chinese President Xi Jinping agreed Iran must never acquire nuclear weapons and stressed keeping the Strait of Hormuz open during talks in Beijing. The summit also focused on trade, Taiwan, energy security, fentanyl controls and broader US-China relations

The Enforcement Directorate froze ₹526 crore in bank deposits and seized gold and cash after raids on online gaming firm Gameskraft in a money laundering case. Three founders were arrested, with allegations linked to cheating, fraud, and real-money gaming operations

Sunil Bharti Mittal said he plans to hand over Bharti Airtel leadership to the next generation and aims for Bharti Telecom to regain a controlling stake. He also outlined long-term strategies for stake consolidation, Airtel Africa expansion, and sustained shareholder returns

Ranbir Kapoor has purchased a Rs 3.31 crore land parcel in Ayodhya’s The Sarayu project by House of Abhinandan Lodha. The development, on the Sarayu riverbank, reflects rising interest in Ayodhya’s real estate boom amid its growing religious and tourism significance

HFCL announced a Rs 230 crore investment to set up a defence manufacturing facility in Andhra Pradesh’s Sri Satya Sai district. The plant, expected by December 2027, will produce multi-mode hand grenades and similar systems, boosting the company’s defence manufacturing capabilities.

Indian equity benchmarks ended higher for a second straight session on Thursday, driven by gains in pharma, healthcare, banking and metal stocks. Investor sentiment improved amid expectations of policy support for the rupee and optimism surrounding the Trump-Xi meeting.

Eli-Lilly has launched India’s first disease-modifying Alzheimer’s drug, donenemab, under the brand name Lormalzi. Approved by the CDSCO in 2025, the treatment aims to slow cognitive decline in early-stage patients, though high costs and healthcare limitations may affect accessibility.

Two India-bound LPG vessels, Symi and NV Sunshine, successfully transited the Strait of Hormuz amid heightened US-Iran tensions. Despite diplomatic stalemates between Washington and Tehran, the transit signals a gradual resumption of energy shipments through this critical maritime chokepoint