Business
Indian Railways eyes 350 kmph speeds with its next indigenous bullet train; first one to have 280 kmph potential
Indigenous bullet train at 350 kmph! Railway Minister Ashwini Vaishnaw on Tuesday said India’s next-generation bullet train is being planned with a top speed of 350 kilometres per hour. He added that work on the train’s design is expected to commence within the next six months.The 508-kilometre Mumbai-Ahmedabad High-Speed Rail Corridor, launched in 2016, is…
Rising yields impact states’ borrowing costs
MUMBAI: Six states raised a total of Rs 20,100 crore in the latest state development loan auction conducted by RBI on Tuesday, with weighted average yields ranging between 7.6% and 7.9% across tenures of 6 to 30 years. The results are in line with the rise in yields on central govt bonds where 10-year bond…
Rupee slides to new low of 96.53 vs dollar
MUMBAI: The rupee weakened to a record closing low of 96.53 against the dollar on Tuesday, marking its sixth consecutive session of decline, as sustained high crude oil prices and adverse global cues weighed on the currency. The local unit closed 18 paise lower compared to 96.35 in the previous session, after touching an intraday…
Stock Market Live Updates Today: BSE Sensex opens over 600 points down; Nifty50 goes below 23,500
“Indian equity markets were expected to open on a cautious negative note, with Gift Nifty trading at 23,431 down by 133 points. Global equities remained muted following weak cues from the US markets, as investors turned cautious amid rising bond yields and persistent geopolitical uncertainties.In the previous session, The Nifty 50 erased early gains due…
Top stocks to buy today: Stock recommendations for May 20, 2026
Top stocks to buy today (AI image) Stock market recommendations: Ashok Leyland, Bikaji Foods International, and Waaree Energies have been picked as the top stocks to buy on May 20, 2026:Ashok Leyland: Fibonacci Confluence Support with Harmonic CompletionBuy: ₹153–150 | Stop Loss: ₹145 | Target: ₹165ASHOKLEY is showing signs of stability near the crucial ₹150…
Gold, Silver Rate Today Live Updates: International gold prices rise as crude drops on hopes of US-Iran conflict nearing an end
Gold prices staged a recovery on Tuesday, climbing Rs 800 to reach Rs 1.63 lakh per 10 grams in the national capital, as optimism surrounding possible progress in US-Iran talks helped ease worries about inflationary pressures. Market participants said gold of 99.9% purity increased by Rs 800 to Rs 1,63,600 per 10 grams, inclusive of…
BPCL Q4 profit flat, FY26 net soars 75%
NEW DELHI: State-owned Bharat Petroleum Corporation (BPCL) reported a flat net profit in Q4FY26 after taking an impairment loss of Rs 4,349 crore on its upstream assets. It’s net profit in Q4 was Rs 3,191.5 crore compared with Rs 3,214.1 crore in the year-ago period. For FY26, its net profit soared 75% YoY to Rs…
Gold falls 1.4% as high yields, strong $ weigh
Gold prices fell by more than 1% on a firmer US dollar and as persistent inflation fears kept interest rate hike expectations and US treasury yields high. Spot gold was down 1.4% at $4,504 per ounce. Prices fell to their lowest level since March 30 earlier in the session. US gold futures for June delivery…
Insolvency resolution drops to 13-quarter low
NEW DELHI: Corporate insolvency resolutions dropped to a 13-quarter low of 36 cases being resolved by the National Company Law Tribunal (NCLT) during Jan-March 2026, compared with 70 a year ago, with just eight plans approved in Feb and seven in March. This was the worst March quarter for the resolution process since Jan-March 2022…
What’s slowing the pipeline expansion
India’s big piped natural gas (PNG) push seems to be running into a few roadblocks along the way. City gas distribution (CGD) companies are currently managing to add only 8,000-10,000 new connections a day, far short of petroleum and natural gas ministry’s ambitious target of 100,000 daily connections.Executives in the sector said the rollout is…