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Indonesia identifies 13 new oil and gas wells in E Kalimantan

Jakarta, May 4 -- Indonesia's upstream oil and gas regulator SKK Migas has announced the discovery of 13 potential new wells in the Samboja, East Kalimantan, containing estimated reserves of 0.96 mill... Read More


Jindal Stainless Q4 PAT drops 4% YoY to Rs 891 cr

Mumbai, May 4 -- Profit before exceptional items and tax fell 2.31% to Rs 932.97 crore in Q4 FY26 compared with Rs 955.03 crore in Q4 FY25. The company reported exceptional items of Rs 182.42 crore du... Read More


Rupee falls 39 paise to end at all-time low of 95.23 against US dollar - What's plaguing the domestic currency?

New Delhi, May 4 -- Rupee fell 39 paise to close at an all-time low of 95.23 (provisional) against the US dollar on Monday, as the ongoing Middle East tensions are causing volatility in global markets... Read More


CARE Ratings in collaboration with NSE launches PaRRVA platform

Mumbai, May 4 -- CARE Ratings in collaboration with the National Stock Exchange of India (NSE), today announced the commercial launch of Past Risk and Return Verification Agency (PaRRVA), a first-of-i... Read More


Australia's ASX 200 slips as rate hike concerns weigh on sentiment

Mumbai, May 4 -- Australia's stock market ended lower on Monday, with the S&P/ASX 200 falling 33 points, or 0.4%, to close at 8,697. The decline came after recent gains, as investors grew cautious ahe... Read More


Sweden arrests Chinese captain of Russia-linked 'shadow fleet' oil tanker

New Delhi, May 4 -- A Swedish prosecutor announced on Monday that the Chinese captain of a detained oil tanker, allegedly linked to Russia, has been arrested for reportedly possessing forged documents... Read More


Green start to May, Nifty open above 24000, Sensex jumps 300 pts amid voting results of 5 states

Mumbai, May 4 -- The domestic stock markets began the month of May on a positive note, with both benchmark indices opening in the green as investors tracked state election results and global developme... Read More


Second Iranian supertanker evades US Navy blockade to reach Indonesian waters, says TankerTrackers

Jakarta, May 4 -- An oil shipping monitoring firm has reported that a second Iranian Very Large Crude Carrier (VLCC) has successfully evaded the US Navy and is currently navigating Indonesian waters t... Read More


A century of care: How Bombay's elite built an institution that broke the Raj's glass ceiling

MUMBAI, May 4 -- Billionaire realtor and Maharashtra minister Mangal Prabhat Lodha's proposal to rename KEM Hospital, the state's largest public health facility, has outraged the medical community, in... Read More


Lakshmi Mittal and Poonawala seal $1.65bn deal to buy Rajasthan Royals

NEW DELHI, May 4 -- A consortium led by steel billionaire Lakshmi Mittal and vaccine tycoon Adar Poonawalla has agreed to acquire IPL franchise Rajasthan Royals in a deal valuing the team at $1.65 bil... Read More