facebook
SENSEX
NIFTY
GOLD
USD/INR

Weather

image 39    C

Economy

...

US Secretary of State Rubio sees progress in Iran talks, but says 'not there yet'

United States officials report some progress in talks with Iran. Diplomatic efforts are intensifying to end a conflict that has disrupted the global economy. Key issues remain, including Iran's enriched uranium and control over the Strait of Hormuz. The situation fuels uncertainty and impacts oil prices. Negotiations continue with international mediators involved.

The Economic Times 22 May 2026 8:53 pm

Malaysian PM Anwar Ibrahim to visit India for BRICS summit in September

Anwar Ibrahim made the remarks during a telephonic conversation with his friend Tamil Nadu Chief Minister Chandrasekar Joseph Vijay.

The Economic Times 22 May 2026 8:45 pm

Quote of the Day by American singer Miley Cyrus: You can't stop people from talking about you, but you can stop giving them Inspiring lessons on self-control, public perception, negativity and why your actions speak louder than words

Quote of the Day by Miley Cyrus: Miley Cyruss quote, You can't stop people from talking about you, but you can stop giving them something to talk about, explores the importance of self-control, emotional maturity, and personal responsibility in everyday life. The quote suggests that while gossip, opinions, and criticism from others are unavoidable, individuals still have control over their own actions and behavior.

The Economic Times 22 May 2026 8:44 pm

Twisha Sharma death case: Bar Council bars absconding advocate husband from legal practice

Twisha Sharma case update: Advocate and absconding husband Samarth Singh faces immediate suspension from legal practice. The Bar Council of India took this action following serious allegations linked to the death of his wife, Twisha Sharma. Sharma died within months of their marriage in Bhopal. Singh is reportedly absconding and not cooperating with the ongoing investigation into dowry death and cruelty charges.

The Economic Times 22 May 2026 8:44 pm

Karnataka state planning panel proposes reforms for KSFC

Karnataka State Financial Corporation is set for a major transformation. The Karnataka State Policy and Planning Commission has proposed a new law to modernize the corporation. It will focus on MSMEs, startups, and rural industries. The plan includes digital lending, AI credit assessment, and faster loan approvals. This initiative aims to boost financing and create jobs across Karnataka.

The Economic Times 22 May 2026 8:01 pm

Reliance on non-core income makes Indian insurers structurally weaker than global peers: Report

In the realm of Indian general insurance, a significant portion of profits arises from investment income. This reliance dilutes their operational strength compared to international players.

The Economic Times 22 May 2026 7:22 pm

India blocks China's request for dispute panel on solar sector support measures at WTO

India has blocked China's request for a World Trade Organization dispute panel. The case concerns India's support measures for its solar cells, modules, and information technology sectors. China alleges these measures discriminate against its goods. India maintains its policies align with WTO rules. China can renew its request at a future meeting.

The Economic Times 22 May 2026 7:21 pm

Income tax returns 2026-27: Should pensioners file ITR? Tax rules, forms and deductions explained

Many retirees may believe that ITR filing is optional. Pension income is taxable, requiring ITR submission based on total income. ax rules, forms and deductions explained here.

Livemint 22 May 2026 7:17 pm

People look at me as if I have come from another dimension: Ravi Kishan on going viral for his home from work statement

Ravi Kishan addressed his viral 'home from work' comment. He explained it was a human error during a media interaction for his upcoming film Maa Behen. Kishan admitted he often trends on social media for verbal mishaps. He was on his way to Parliament when the slip occurred. The actor-politician stated that making mistakes is human.

The Economic Times 22 May 2026 7:10 pm

Oil spike, global debt, market stress: RBI flags mounting external shocks but lays out 5 areas where India remains resilient

The Reserve Bank of India warns of global economic dangers from oil prices, debt, and market stress. However, India shows strength in growth, inflation control, and its banking sector. The nation remains a fast-growing economy. Strong domestic demand and government spending support this. India's foreign reserves are healthy, and its external account is stable.

The Economic Times 22 May 2026 7:06 pm

Quote of the day by Harrison Ford: 'What's important is to be able to see yourself, I think, as having commonality with other...' - life lessons on humanity, equality, why fame and success should'nt change how you treat people by The Fugitive and Air Force One actor

Quote of the day by Harrison Ford: He emphasizes shared humanity, urging against letting success breed superiority. He highlights that despite differing life paths, everyone experiences common struggles, emotions, fears, and hopes. True fulfillment, he suggests, lies in humility, respect, and emotional connection, not just status.

The Economic Times 22 May 2026 7:00 pm

Opinion: Opinion | Three Shields Against The Global Storm: How PM Modi Strengthened India's Energy, Economy And Defence

When PM Modi recently urged citizens to go easy on petrol and to think twice before buying gold, the Prime Minister was not preaching austerity, he was getting the nation a little time while he went out to secure its fuel supplies.

NDTV 22 May 2026 6:58 pm

Good Food Institute of India report seeks focus on underutilised crop varieties

It says indigenous crops, including underutilised varieties, are a major opportunity due to their nutritional and agronomic potential

The Hindu Businessline 22 May 2026 6:57 pm

Quote of the Day by Legendary American actor Steve McQueen: When I believe in something, I fight like hell for it Inspiring lessons on determination, resilience, courage, persistence and why where theres a will, theres a way by the The King of Cool

Quote of the Day by Steve McQueen: Steve McQueens quote, When I believe in something, I fight like hell for it explores the importance of determination, conviction, and persistence in life. The quote suggests that true belief should inspire passion, courage, and relentless effort, encouraging people to stand firmly for their goals, values, and principles even when faced with challenges or opposition.

The Economic Times 22 May 2026 6:44 pm

RBI injects 81,590 crore transient liquidity into banking system via 3-day VRR auction

Variable Rate Repo (VRR) auction is a monetary tool used by the RBI to inject short-term liquidity into the banking system

The Hindu 22 May 2026 6:35 pm

Demand driving growth, but economic outlook somewhat clouded by supply issues: RBI

The central bank said that while inflation currently was within the tolerance band, the potential pass through of higher prices needed to be monitored

The Hindu 22 May 2026 6:35 pm

TANCET result 2026 out at tancet.annauniv.edu; check key details here

Anna University announced TANCET 2026 results today, May 22, 2026. Candidates can check their scores on tancet.annauniv.edu. Over 30,000 students appeared for MBA, MCA, and CEETA PG exams. Scorecards will be available from May 27. Profile corrections are allowed before downloading scorecards. Admission schedules will be released soon.

The Economic Times 22 May 2026 6:29 pm

Smart financial planning tips for parents: SIPs, insurance, savings & child investment plans

Financial planning for children includes SIP investments, term insurance, health cover, Sukanya Samriddhi Yojana, emergency savings and legal protection to secure a prosperous future for every family across the country.

Livemint 22 May 2026 6:09 pm

NHAI inks MoU with NGI for advanced consultancy support in tunnel engineering

NHAI has partnered with Norway's Geotechnical Institute. This collaboration will bring advanced international expertise to India's national highway projects. Focus areas include tunnel construction and slope stability. The agreement aims to improve planning, design, and monitoring of critical infrastructure. This will enhance safety and efficiency in highway development across the nation.

The Economic Times 22 May 2026 6:04 pm

He once auditioned for Roadies. Now, he works as metro railway maintenance worker, picking stones and heavy equipment from the tracks. Kolkata man's only dream is to represent India in bodybuilding

A Kolkata man named Ashu faced a Roadies rejection and family crisis, forcing him to abandon his dreams for a demanding track maintenance job. Despite immense hardship, his wife's support reignited his passion for bodybuilding. Now, Ashu balances his strenuous work with training, aiming to represent India, proving resilience triumphs over adversity.

The Economic Times 22 May 2026 6:00 pm

Twisha Sharma's absconding husband Samarth Singh reaches Jabalpur court to surrender

Samarth Singh, husband of Twisha Sharma, surrendered at Jabalpur district court Friday evening. This followed the withdrawal of his anticipatory bail plea from the Madhya Pradesh High Court. Twisha Sharma died last week in Bhopal, with her family alleging dowry harassment. Police had announced a reward for Singh's arrest. His mother, a retired judge, was granted anticipatory bail.

The Economic Times 22 May 2026 5:53 pm

The $4.50 gas economy: Fewer nights out, more belt-tightening

As fuel prices continue to rise, many American families are feeling the financial crunch. With budgets tightening, people are cutting back on non-essential expenses and are on the lookout for free entertainment options. For numerous individuals, reducing driving simply isn't feasible due to job responsibilities and family needs.

The Economic Times 22 May 2026 5:49 pm

Supreme Court questions quota to children of economically, educationally advanced families in backward classes

The Supreme Court is questioning the continuation of reservation benefits for children from affluent families within backward classes. Justices B V Nagarathna and Ujjal Bhuyan observed that educational and economic empowerment leads to social mobility. They noted that if parents are well-off, their children should not need reservation.

The Economic Times 22 May 2026 5:47 pm

Labour shortage, price crash prompt pineapple growers to suggest pause on new crop

Keralam association launches campaign askign growers to focus on maintaining existing farms

The Hindu Businessline 22 May 2026 5:46 pm

Movie dialogue of the day by Scarlett O 'Hara: 'I can't think about that right now. If I do, I'll go crazy. I'll think about that tomorrow' ; What this line from Gone With The Wind teaches us about positivity

A famous line from the movie Gone With The Wind offers a message of hope. Scarlett O Hara's words, 'Tomorrow is another day,' highlight the importance of optimism. This resilience helps people cope with difficult times. The film itself, set during the American Civil War, tells a story of love and survival. It remains a significant piece of cinema history.

The Economic Times 22 May 2026 5:38 pm

How to make sugar-free mango ice cream at home

Homemade mango ice cream can be surprisingly easy to make without adding refined sugar. Ripe mangoes are naturally sweet on their own, especially varieties like Alphonso or Kesar, which means you often do not need extra sweeteners at all.

The Economic Times 22 May 2026 5:38 pm

Armed with Rs 100 crore, Paradise wants to reclaim its biryani crown

Hyderabad's iconic Paradise biryani is set for a major comeback. Armed with Rs 100 crore, the brand aims to regain its top spot. New strategies include technology for consistent taste and smaller stores for wider reach. The goal is national expansion with 150 outlets by FY29. This move targets a significant share of India's growing biryani market.

The Economic Times 22 May 2026 5:36 pm

Problems disappeared when I let them go: Bolts Ryan Breslow explains why he laid off his entire HR team

Bolt CEO Ryan Breslow defended significant layoffs and the removal of the HR department, attributing these drastic measures to a need to revive the fintech company. He stated that the HR team created non-existent problems and that the company had developed a culture of entitlement, necessitating a return to a gritty startup mode with a leaner, more junior workforce.

The Economic Times 22 May 2026 5:28 pm

Trump officials tried to ban half of US voting machines, citing conspiracy theories

A Trump administration plan aimed to ban Dominion voting machines. Officials considered declaring components national-security risks. This effort sought federal control over elections. The plan failed due to a lack of evidence. This episode highlights attempts to influence election processes. It occurred as Republicans anticipated midterm losses.

The Economic Times 22 May 2026 5:28 pm

mooMark signs MoU with Akiba Farm Holdings to launch gelato initiative in India

The partnership represents a new model of cross-border dairy collaboration, merging mooMarks traceable supply chain with Akibas premium gelato and artisanal dairy expertise

The Hindu Businessline 22 May 2026 5:27 pm

Bernstein says Adani Group emerged stronger after short-seller episode and US developments

Adani Group has emerged stronger following past challenges. A report highlights improved financials and continued infrastructure expansion. Promoter share pledges have significantly reduced. The group's earnings show strong growth. Funding sources have diversified, easing liquidity concerns. Adani Group's core strength in large-scale infrastructure execution remains a key factor.

The Economic Times 22 May 2026 5:25 pm

Invisalign maker Align Technology to invest Rs 1,800 crore in Hyderabad plant

US firm Align Technology will invest Rs 1,800 crore in Hyderabad for its first Indian manufacturing plant. This facility will be the company's fourth globally. It is expected to create over 300 jobs. The investment will boost Align Technology's existing operations in the city. The new plant will support its worldwide production of clear aligners.

The Economic Times 22 May 2026 5:24 pm

Indias forex reserves fall by $8.09 bn to $688.89 bn as of May 15

India's foreign exchange reserves saw a significant drop of over eight billion dollars in the week ending May 15. Foreign currency assets and gold reserves contributed to this decline. Despite this weekly fall, the country's forex reserves remain higher compared to the previous year. The Reserve Bank of India actively monitors the market to manage currency fluctuations.

The Economic Times 22 May 2026 5:10 pm

Why are Indians suddenly buying more vitamins after starting Ozempic-like weight loss drugs?

Demand for vitamin and nutritional supplements is surging in India. This trend follows the increased availability of semaglutide-based weight-loss and diabetes medicines. Doctors are advising patients on these drugs to take multivitamins and protein supplements. This is to prevent nutritional deficiencies and muscle loss due to reduced food intake. Sales of vitamin supplements saw a significant jump in April.

The Economic Times 22 May 2026 5:08 pm

EPFO to allow PF withdrawal via UPI soon: Heres how instant EPF withdrawals will work

EPFO will soon enable members to withdraw Provident Fund money via UPI, according to Union Labour Minister Mansukh Mandaviya. Heres how instant EPF withdrawals will work.

Livemint 22 May 2026 5:04 pm

Word of the Day: Cacozelia

Word of the Day: Using overly complicated vocabulary simply to impress others can itself become a form of cacozelia. The real distinction comes down to intention and clarity. Rare words can enrich communication when used naturally and precisely, but they may feel artificial when added only for dramatic effect.

The Economic Times 22 May 2026 4:59 pm

Once a school principal, now a car expert. Meet 73-year-old Jammu woman breaking age stereotypes with her excellent driving skills and proving that dreams do not expire

Defying age and skepticism, 73-year-old Vidya Kaur from Jammu and Kashmir achieved her lifelong dream of driving. Rejected by a driving school at 59, she bought her own car and learned with a neighbor's help. Now, she expertly navigates busy streets, even parallel parking and driving at speeds up to 120 km/h, proving age is no barrier to ambition.

The Economic Times 22 May 2026 4:57 pm

CBSE pushes deadline to obtain scanned copies of Class-12 answer sheets to May 24

The Central Board of Secondary Education has extended the deadline for Class 12 students to apply for scanned copies of their answer books until May 24 following unprecedented website traffic and instances of unauthorized interference. The board said the extension is intended to ensure that no student misses the opportunity to access their evaluated answer sheets. CBSE has also revised the fee structure for obtaining answer-book copies, verification of marks, and re-evaluation, providing students additional time and clarity in the post-result process.

The Economic Times 22 May 2026 4:50 pm

Allahabad HC asks UP govt to furnish details of arms licences of Brij Bhushan Singh, Raja Bhaiya, 17 other people

The Allahabad High Court has ordered the Uttar Pradesh government to provide details of arms licenses for 19 individuals. This includes prominent politicians like Brij Bhushan Singh and Raja Bhaiya. The court expressed concern that public display of weapons can disrupt social harmony and create fear. It emphasized the need for fairness in administration.

The Economic Times 22 May 2026 4:47 pm

How to achieve financial stability with smart budgeting on 1 lakh monthly salary

Smart budgeting on a monthly salary of 1 lakh depends on effectively managing in-hand income, controlling expenses, prioritising savings, and diversifying investments for long-term financial stability. 

Livemint 22 May 2026 4:45 pm

Maharashtras economy to surpass those of Singapore, UAE in 2 to 3 years: Fadnavis

Maharashtra was not competing with any other Indian state as it has already become the world's 30th largest economy, Maharashtra Chief Minister Devendra Fadnavis on Friday.

The Hindu Businessline 22 May 2026 4:44 pm

The Late Show with Stephen Colbert Finale: How to watch the historic final episode Live tonight

For millions of viewers, The Late Show with Stephen Colbert became far more than a nightly entertainment program. Whether audiences tuned in for celebrity interviews, sharp political satire or emotional monologues during difficult national moments, the show established itself as a significant voice in modern pop culture.

The Economic Times 22 May 2026 4:35 pm

Twisha Sharma case update: Absconding husband withdraws pre-arrest bail plea filed in HC

Samarth Singh, husband of Twisha Sharma, has withdrawn his anticipatory bail plea in the Madhya Pradesh High Court. This leaves him with no choice but to surrender to the authorities. Twisha Sharma died last week in Bhopal, with her family alleging dowry harassment. Police have announced a reward for Singh's arrest and are seeking to revoke his passport.

The Economic Times 22 May 2026 4:34 pm

Adani Group Gets Backing From Indian-American Leaders as Bernstein Turns Bullish on Group Stocks

Indian-American business leaders have welcomed the closure of the US case involving the Adani Group, arguing that there was no concrete evidence of bribery and that the matter fell outside US jurisdiction.

IBTimes 22 May 2026 4:33 pm

RBI board approves dividend payment of 2,86,588 crore to government

The board reviewed the global and domestic economic scenario, including risks to the outlook

The Hindu 22 May 2026 4:31 pm

Credit card EMI vs minimum due: Which option is better for your credit score?

Credit card EMI conversion lets you pay off large transactions in smaller, fixed monthly instalments with interest. Here's how it is different from paying the minimum due and which option is better for your credit score.

Livemint 22 May 2026 4:27 pm

No winter, no snowfall, but everything turns white: Why this North Eastern state transforms into a snowy wonderland every summer

Manipur transforms into a summer wonderland as towering silk cotton trees release fluffy white fibres, creating a spectacle resembling snowfall. This natural phenomenon, driven by wind dispersal of seeds, paints the landscape in surreal white. The Bombax ceiba's ingenious seed-spreading mechanism ensures species survival, drawing visitors to witness this enchanting display.

The Economic Times 22 May 2026 4:20 pm

Kerala solar prosumers seek urgent policy reforms to tackle energy crisis

KDSPC also stressed the need for specialised job training programmes and research incentives to create employment opportunities in the green energy sector

The Hindu Businessline 22 May 2026 4:09 pm

RBI declares record Rs 2.87 lakh crore dividend to cushion war shock

The Reserve Bank of India announced a record surplus transfer to the government for FY27, though it falls short of budget estimates. This significant payout, driven by foreign exchange gains and investment income, provides a crucial fiscal buffer amidst rising energy prices and economic pressures.

The Economic Times 22 May 2026 4:06 pm

NEET-UG re-test June 21: Education Minister Dharmendra Pradhan assures error-free exam amid irregularities

Union Education Minister Dharmendra Pradhan said tough decisions were required in the wake of the NEET-UG irregularities and assured that the government is committed to ensuring deserving students do not lose opportunities because of examination malpractice. Emphasising efforts to restore trust in the system, he said authorities are working to make the June 21 re-test completely error-free. Pradhan acknowledged the mental distress faced by nearly 22 lakh students and said corrective measures are being implemented to strengthen the examination process and prevent future lapses.

The Economic Times 22 May 2026 4:02 pm

Madhya Pradesh HC allows second postmortem of Twisha Sharma, say her family members

The Madhya Pradesh High Court has allowed a second postmortem for Twisha Sharma. Sharma, a model and actor, was found dead at her Bhopal home. Her family alleges dowry harassment. The court directed the state to arrange a medical team from AIIMS Delhi. This follows a lower court's rejection of the family's plea.

The Economic Times 22 May 2026 4:02 pm

Smartphone volumes may dip 5-7% in FY27; industry value to grow 8-10% amid higher device costs: ICEA

India's smartphone market faces a volume drop of 5-7 percent this financial year. However, value is expected to rise 8-10 percent due to increased product prices. Higher memory chip costs and the AI boom are key factors. Financing becomes crucial for new smartphone users. India is also a major smartphone manufacturer and exporter.

The Economic Times 22 May 2026 4:02 pm

Planet Parade this weekend: How to see Venus, Jupiter, and Mercury shine together after sunset

Planetary alignments continue to capture public fascination because they make astronomy feel approachable and easy to experience. Unlike distant deep-space events that require telescopes or specialized equipment, bright planets can often be spotted with the naked eye from suburban backyards, rooftops and public parks.

The Economic Times 22 May 2026 3:59 pm

Donald Trump immunity from IRS audit shocks experts, who warn it could undermine trust in tax system

Donald Trump's tax probes have ended. The Internal Revenue Service agreed to drop all pending investigations into the former president's tax payments. This decision came as part of a settlement for a lawsuit Trump filed over a leak of his tax returns. The agreement grants Trump and his organisation immunity from future examinations of current tax filings.

The Economic Times 22 May 2026 3:54 pm

Warsh takes over Fed with a policy problem already in view

Kevin Warsh takes charge as the new Fed leader. He faces a critical juncture for the economy and monetary policy. Inflation is high and could rise further. Artificial intelligence is reshaping industries. Warsh must decide whether to raise interest rates to combat inflation. His actions will be closely watched by markets and President Trump.

The Economic Times 22 May 2026 3:48 pm

India's informal job generation marked key milestone in January-March 2026

India's informal sector employment has surged past 15 crore for the first time during January-March. This marks a significant 15% increase year-on-year. The number of businesses in this sector also grew by nearly 17%. Services led this expansion, showing strong entrepreneurial activity and demand.

The Economic Times 22 May 2026 3:47 pm

Decided to bring back to India some persons deported to Bangladesh: Centre to SC

The Indian government will bring back individuals previously deported to Bangladesh. These people will then have their claims of Indian citizenship verified. The Supreme Court was informed of this decision. The process is expected to take about ten days. The court will hear the matter again in July. This move follows a High Court order that termed the deportations illegal.

The Economic Times 22 May 2026 3:45 pm

Funny old world: The week's offbeat news

From Donald Trump's fans in Bangladesh to a scandal over hot priests in Rome. - Fallen angels - In a shock akin to the pope embracing Buddhism, a sexy priest who adorns thousands of calendars sold to tourists in Rome has revealed that he was never a man of the cloth.

The Economic Times 22 May 2026 3:44 pm

Maharashtra's economy to surpass those of Singapore, UAE in 2 to 3 years: Fadnavis

Maharashtra's economy is set to outpace Singapore and the UAE within two to three years. Chief Minister Devendra Fadnavis highlighted rapid growth in innovation, artificial intelligence, and infrastructure as key drivers. The state is already the world's 30th largest economy and aims for a USD 1 trillion economy by 2030. Technology and AI are central to this ambitious development plan.

The Economic Times 22 May 2026 3:42 pm

5 pink-coloured drinks that help reduce body heat naturally

When temperatures start soaring, nothing feels better than a chilled drink that actually helps cool the body down. Interestingly, many naturally pink drinks are made using ingredients like rose, watermelon, berries and beetroot, foods known for their high water content and refreshing properties.

The Economic Times 22 May 2026 3:42 pm

Honda to roll out over 10 new vehicles in India, including EVs and Hybrids

Honda is set to introduce more than ten new models in India. These will include petrol, hybrid, and electric sports utility vehicles. The company aims for accelerated growth in India, a key global market. Honda will also leverage its two-wheeler business to transition customers to passenger vehicles. New models will focus on sub-4 metre and midsize segments.

The Economic Times 22 May 2026 3:41 pm

Movie dialogue of the day by Harvey Dent: You either die a hero or you live long enough to see yourself become a villain; What the Dark Knight movie dialogue teaches us about the thin line between hero and villain

Christopher Nolan's The Dark Knight features a memorable line from Harvey Dent. The quote You either die a hero, or you live long enough to see yourself become a villain highlights the film's themes. Dent's own tragic fall into villainy ironically proves the line's prophetic nature. The movie explores how public perception and personal choices can redefine identity.

The Economic Times 22 May 2026 3:39 pm

Cockroach Janta Party's Instagram followers are now double BJP's, but it may still not beat India's political giants; UPSC teacher explains why

A satirical online group, the Cockroach Janta Party, is outperforming major Indian parties on Instagram, sparking debate on viral popularity versus electoral power. Political commentator Shekhar Dutt cautions against mistaking online engagement for on-ground support, emphasizing that Indian elections still hinge on trust, local leadership, and years of groundwork, not just digital trends.

The Economic Times 22 May 2026 3:37 pm

GreenLine to invest Rs 1,500 crore in LNG trucking push, sees major diesel savings

GreenLine Mobility Solutions plans a Rs 1,500 crore investment to expand its LNG truck fleet to 10,000 and establish 50 refuelling stations within three years. This initiative aims to reduce India's diesel dependence and freight emissions, potentially saving USD 5-6 billion annually by cutting fuel imports and offering operators up to 20% lower fuel costs.

The Economic Times 22 May 2026 3:34 pm

Flipkarts 13-minute delivery draws praise from Walmart Inc President and CEO John Furner

Walmart's CEO John Furner has expressed enthusiasm over Flipkart's groundbreaking 13-minute delivery service, marking it as a transformative element of their operations in India. This rapid-response system not only exemplifies Flipkart's innovative spirit but also aligns with Walmart's broader strategy of strengthening its international investments.

The Economic Times 22 May 2026 3:29 pm

StanChart CEO apologises for 'upset caused' by AI comments

Standard Chartered CEO Bill Winters has apologized for comments about artificial intelligence replacing workers. He stated that the bank is investing in AI technology. This move is expected to lead to job cuts. Winters clarified his remarks, emphasizing the bank's commitment to its employees. Regulators in Hong Kong and Singapore are seeking more information.

The Economic Times 22 May 2026 3:28 pm

SBI Mutual Fund stake in Bandhan Bank crosses 5 pc

SBI Mutual Fund has increased its holding in Bandhan Bank. The fund now owns over 5 percent of the bank's paid-up share capital. This stake was finalized on May 20, 2026. SBI Mutual Fund acquired additional shares from the open market on that day. Bandhan Bank's shares saw a slight increase in trading on Friday.

The Economic Times 22 May 2026 3:25 pm

'Traffic jam on Mount Everest': Think Manali is crowded? Worlds highest peak just saw record 274 climbers reaching summit in one single day

A record 274 climbers reached the summit of Mount Everest from the Nepali side on Wednesday, marking the highest number of single-day ascents ever recorded from Nepal. The surge came as Chinese authorities reportedly did not issue climbing permits for the Tibetan side this season. Despite ongoing concerns about overcrowding and safety risks on the mountain, some expedition operators say large numbers of climbers can still be managed safely with proper planning, oxygen supplies and experienced support teams.

The Economic Times 22 May 2026 3:25 pm

Patriot OTT release date revealed: When and where to watch Mammootty, Mohanlal's spy thriller

Malayalam spy thriller 'Patriot', starring Mammootty and Mohanlal, is set for its digital premiere on Zee5 on June 5, following a successful theatrical run. The film, directed by Mahesh Narayanan, blends politics, power, and secrecy with an expansive ensemble cast. It garnered significant attention for its scale and casting, despite mixed critical reviews.

The Economic Times 22 May 2026 3:21 pm

SC grants bail to accused in UAPA case over recruitment of 'hybrid' terrorists

The Supreme Court has granted bail to Suhail Ahmad Thokar. He was arrested in a UAPA case related to alleged conspiracy with terrorist groups. Thokar was accused of recruiting terrorists and radicalizing youth. The court considered his period of custody. The trial is expected to take time. He will be released on bail after furnishing a bond.

The Economic Times 22 May 2026 3:19 pm

Retail health premium growth rises to 31% YoY in April 2026, anchoring non-life insurance sector: Kotak Institutional Securities

Indian non-life insurance saw robust growth in April 2026. Retail health premiums surged 31 percent year-on-year. Motor insurance also performed well. Private players and standalone health insurers are gaining market share from public sector companies. Commercial lines faced challenges, though marine and engineering segments showed resilience. This indicates a dynamic shift in the insurance landscape.

The Economic Times 22 May 2026 3:15 pm

S&P flags pressure on Indian Oil as high crude prices squeeze margins

S&P Global Ratings warns Indian Oil Corporation faces mounting pressure to balance affordable fuel with profitability. Prolonged Middle East tensions are escalating crude oil prices, squeezing margins and potentially impacting IOC's earnings and liquidity over the next year. The agency highlights the challenge of absorbing losses from high crude costs while meeting India's energy needs.

The Economic Times 22 May 2026 3:11 pm

Swiggy fails to secure shareholder approval to amend AoA for Indianowned status

Swiggy failed to secure the required shareholder approval to amend its Articles of Association in a bid to qualify as IOCC under FEMA regulations. The proposal received 72.36 per cent of votes, falling short of the required threshold.

IBTimes 22 May 2026 3:07 pm

Ebola surveillance stepped up at CIAL after emergency meeting

Passengers arriving from countries including the Democratic Republic of the Congo, Uganda and South Sudan will be placed under special health surveillance in view of global alerts over Ebola outbreaks

The Hindu Businessline 22 May 2026 2:59 pm

Equity, debt or gold? This portfolio mix delivered the best risk-adjusted returns

Asset allocation is crucial for long-term wealth creation. A balanced portfolio of equities, debt, and gold offers stability and higher returns, as shown in FundsIndia's report. Diversification reduces volatility and downside risk, ensuring a smoother investment journey over time.

Livemint 22 May 2026 2:52 pm

Who will not get 'attracted' to Rekha?: Raj Babbars son breaks silence on his father's alleged dating rumours with the actress

Raj Babbar's son, Aarya Babbar, candidly discussed his father's past relationships, including the affair with Smita Patil and alleged rumours with Rekha. He expressed that the family has moved on from the complexities of Raj's personal life, emphasising acceptance and understanding over resentment. Read on!

The Economic Times 22 May 2026 2:51 pm

Court orders Royal Enfield to pay Rs 5 lakh compensation to Continental GT buyer for repeated repairs

Royal Enfield compensation ruling: A Coimbatore consumer court has ordered Royal Enfield and its dealer Bharat Automotives to pay Rs 5.1 lakh. The compensation is for a buyer whose Continental GT 650 motorcycle repeatedly broke down. The bike suffered recurring defects for nearly three years. It spent 294 days at service centres. The court found deficiency in service by both the manufacturer and dealer.

The Economic Times 22 May 2026 2:50 pm

WB govt notifies free bus travel for women in state-run buses from June 1

The Transport department notification said a smart card with QR code, photograph and beneficiary details will be issued to all eligible women upon application through the BDO or SDO offices concerned

The Hindu Businessline 22 May 2026 2:49 pm

Supreme Court indicates Delhi riot accused may get bail, says police argument on reference will be looked into

The Supreme Court is likely to grant interim bail to two individuals accused in the 2020 Delhi riots. The court will also consider a Delhi Police request to refer a legal question on bail under the UAPA to a larger bench. This question concerns whether prolonged incarceration and trial delays can override UAPA's bail restrictions.

The Economic Times 22 May 2026 2:44 pm

Citi to boost Asia wealth business with 'significant' hires, global head says

Citigroup is focusing its global wealth management hiring on Asia. The region's private bank is growing faster and is more productive than other areas. Citigroup plans to hire about 100 private bankers worldwide. Asia is a key part of this strategy. The bank aims for significant growth in its wealth unit.

The Economic Times 22 May 2026 2:41 pm

Delhi govt eases DJB policy to reduce water charges

The Delhi government has approved a new policy for Delhi Jal Board properties. This aims to simplify water charges and reduce costs for the public. Infrastructure charges will now be based on water demand and apply only to new construction. Residential colonies in E and F categories will receive a 50 percent rebate.

The Economic Times 22 May 2026 2:39 pm

5 hacks to bring down room temperature without AC

As temperatures continue to rise across many parts of India, surviving the heat without an air conditioner can feel nearly impossible. But long before ACs became common, Indian households relied on simple desi cooling tricks to keep rooms more comfortable during brutal summers.

The Economic Times 22 May 2026 2:32 pm