Business

The Nagpur-Mumbai Samruddhi Expressway saw 1.55 crore vehicles in 2025-26, generating toll revenue of Rs 1,240.04 crore, marking a sharp rise from the previous fiscal.The toll collection was higher by Rs 499.41 crore compared to 2024-25, officials said, citing data from the Maharashtra State Road Development Corporation, according to PTI.The 701-km-long access-controlled corridor passes through…

India and Russia on Thursday held a round table to strengthen cooperation in the steel sector, focusing on supply chains, technology and research collaboration amid global uncertainties.A Russian delegation comprising industry representatives participated in discussions with Indian counterparts, enabling exchange of views on key issues such as raw material sourcing, technological collaboration, equipment manufacturing and…

The Reserve Bank of India has asked state-run oil refiners to reduce spot dollar purchases and use a special credit line for their foreign exchange needs, as part of efforts to ease pressure on the rupee, according to a Reuters report.The central bank has urged refiners to access the facility through State Bank of India…

Wall Street hovered near record levels on Thursday as investors paused after a sharp rally, weighing rising oil prices and uncertainty around the Iran conflict before making fresh bets.The S&P 500 slipped 0.1%, a day after hitting a new all-time high– its 10th gain in 11 sessions–while the Dow Jones Industrial Average fell 66 points…

Wipro reported a marginal decline in its March quarter profit even as revenue grew, with the IT major flagging a challenging global environment and cautious near-term outlook.The company posted a consolidated net profit of Rs 3,501.8 crore for Q4 FY26, down 1.89 per cent from Rs 3,569.6 crore a year ago, according to PTI.The dip…

China’s economic growth rebounded more than expected in the first quarter of 2026, suggesting limited immediate spillovers from the Iran war while giving policymakers more room to delay additional stimulus. Gross domestic product (GDP) in the world’s second-largest economy expanded 5.0% year-on-year in January-March, the fastest pace in three quarters, according to data released by…

Gold prices moved slightly higher on Thursday supported by gains in futures markets, while retail rates across major cities showed an upward trend.On the MCX, gold June futures rose by Rs 510, or 0.33%, to Rs 1,54,458 per 10 grams. August contracts gained Rs 391 (0.25%) to Rs 1,56,790, while October contracts were up Rs…

The Middle East conflict is starting to dim lights in Pakistan. Disruptions at the Strait of Hormuz have hit the globe’s oil pipeline, straining energy supplies across the world and pushing countries to switch on their power saver mode. For Pakistan, the effect has reached common people, with more people working from home and now…

Prime Minister Narendra Modi met Austrian Chancellor Christian Stocker in New Delhi’s Hyderabad House on Thursday, holding wide-ranging talks as the two sides exchanged MoUs. Stocker is currently on a four-day visit to India, his first since taking office last year. According to the ministry of external affairs, the meeting focused on strengthening bilateral cooperation…

The United States has emerged as India’s largest LPG supplier so far this month. (AI image) In wake of the Middle East conflict, India’s Liquified Petroleum Gas (LPG) imports have dropped sharply this month, falling to nearly half of February levels and extending the decline seen in March, according to shipping data. At the same…