The Centre on Wednesday approved a Rs 25,530 crore scheme to continue and modernise the public distribution system (PDS) including ration transport, dealer support and technology upgrades, till March 2031.The Cabinet Committee on Economic Affairs (CCEA) cleared the umbrella scheme called SARTHAK-PDS for the 16th Finance Commission period.The scheme combines two existing programmes related to…
Gautam Adani (file photo) Adani Power share price today: In a milestone for the company, Adani Power has overtaken IT sector giant Infosys in terms of market capitalisation after seeing a sharp rally of nearly 68% so far in 2026.Adani Power’s market value currently stands at nearly Rs 4.85 lakh crore, higher than Infosys, whose…
HDFC Bank share price today: Shares of HDFC Bank, India’s largest private sector bank, dropped as much as 2% on Wednesday after a newspaper report alleged that the bank had made improper payments to a state government agency in an effort to attract deposits.At 1:38 PM, shares of HDFC Bank were trading at Rs 760.70,…
This week, markets are closely focused on major US economic data, especially the Core PCE Price Index. (AI image) Gold price prediction today: Given the geopolitical tensions and a possible change in the US Federal Reserve’s stance, gold prices are likely to see limited upside in the near term, says Vedika Narvekar, Research Analyst –…
Former Reserve Bank of India governor Raghuram Rajan has warned that the global frenzy around artificial intelligence may be overlooking major economic and political risks, arguing that investors and policymakers are treating the sector with excessive optimism despite mounting vulnerabilities. The rapid rise of generative AI has created a market euphoria similar to earlier technology…
Reacting to a Singapore court’s decision against him, Byju’s founder Byju Raveendran said, “I am disappointed that the recent Singapore court matter has been pursued and reported in a manner that creates a misleading impression about me.”Byju Raveendran, the founder of failed edtech firm Byju’s, has been handed a six-month jail sentence by a Singapore…
Byju Raveendran, the founder of embattled edtech giant Byju’s, has been sentenced to six months in jail by a Singapore court for contempt, Bloomberg reported. Byju Raveendran is facing mounting legal and financial troubles across jurisdictions. The Singapore court ruled that Raveendran had disobeyed multiple court orders related to his assets dating back to April…
The central government is considering recovering royalties on natural gas that oil and gas producers flare from domestic fields, amid concerns that fuel equivalent to more than 800MW of electricity generation is being wasted every day even as India imports half the gas it consumes, people familiar with the matter said. A natural gas processing…
On 26th May 2026, the BSE Sensex closed at 76,009.70, declining by -479.26 points (-0.63%), as profit booking emerged after the recent sharp upside rally. The index opened lower by around 265 points at 76,224.14 and initially witnessed upside momentum, touching an intraday high of 76,627.04 during early trade. However, the market failed to sustain…
Ferrari has finally done it. After years of speculation, hesitation and debate around electrification, the Italian marque has unveiled the Luce, its first fully electric production car. But while the Prancing Horse entering the EV world was always going to spark conversation, the Luce has triggered something far more intense: disbelief, curiosity and, in many…
