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Xi praises Pakistan's West Asia peace mediation

India, May 26 -- Prime Minister Shehbaz Sharif on Monday met Chinese President Xi Jinping, who hailed Beijing's "unbreakable" friendship with Islamabad and commended Pakistan for taking the initiative... Read More


Russia warns foreigners to leave Kyiv amid strikes on Ukrainian capital

India, May 26 -- Russia's Ministry of Foreign Affairs has issued a stark warning urging foreign citizens, including diplomatic personnel, to leave Kyiv immediately as Russian forces intensify strikes ... Read More


High energy costs to weigh on near-term credit: Moody's

India, May 26 -- Moody's Ratings on Monday said elevated energy prices will weigh on the near-term credit conditions of Indian corporates, despite robust balance sheets and favourable long-term growth... Read More


NBCC Q4 profit rises 37% to Rs 241 crore

India, May 26 -- State-owned NBCC Ltd on Monday reported a 37 per cent increase in its consolidated net profit to Rs 241.38 crore for the quarter ended March 31. Its net profit was Rs 175.91 crore in ... Read More


Oil marketing companies rally as crude falls sharply

India, May 26 -- Shares of oil marketing companies, including BPCL and HPCL, ended higher on Monday, following a sharp correction in crude oil prices and a fresh hike in petrol and diesel prices. Bre... Read More


Adequate availability of fertilisers in country: Govt

India, May 26 -- The Centre on Monday asserted that there is adequate availability of fertilisers in the country to meet the demand of soil nutrients during the upcoming Kharif (summer-sown) season. ... Read More


Paytm arm to invest 9 million euro in European subsidiary

India, May 26 -- Fintech firm One 97 Communications, which operates under the Paytm brand, on Monday said its wholly-owned subsidiary Paytm Cloud Technologies will invest 9 million euro in its Europea... Read More


India, South Korea begin next round of negotiations on upgrading trade pact

India, May 26 -- India and South Korea on Monday began the next round of negotiations to upgrade the Comprehensive Economic Partnership Agreement (CEPA), which was implemented in January 2010, an offi... Read More


Gold futures rise to Rs 1.59 lakh/10g on weak dollar, US-Iran peace deal hopes

India, May 26 -- Gold prices climbed by Rs 426 to Rs 1.59 lakh per 10 grams in futures trade on Monday, tracking gains in global markets amid optimism surrounding a possible peace agreement between th... Read More


RBI tightens norms for re-appointment of directorsto Urban Co-operative Banks

India, May 26 -- An individual cannot serve as a director continuously for more than 10 years on the board of Urban Co-operative Banks, and the re-appointment can happen only after a compulsory three-... Read More