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Business Standard
Muddled petroleum-pricing regime
How many people would remember that the government dismantled the administered pricing mechanism (APM) for petroleum products in 2002 and announced market-based pricing for petrol and diesel effective April 1 of that year?
3 min |
May 30, 2026
Business Standard
Ashok Leyland shares drop with Street seeing margin pressure
Macro headwinds risk slowdown, analysts cut target prices
2 min |
May 30, 2026
Business Standard
₹ logs sharpest gain in 2 months
The rupee posted its sharpest single-day gain in nearly two months on Friday — its biggest rise since April 2 — on the back of a decline in crude oil prices and likely intervention by the Reserve Bank of India (RBI), dealers said.
2 min |
May 30, 2026
Business Standard
‘Need uniform policy for below-the-ground sector’
Metals and mining giant Vedanta Resources is set for a historic restructuring that will see the $18 billion conglomerate split in four. In an exclusive interview with Saket Kumar, Sudheer Pal Singh and Asit Ranjan Mishra in New Delhi, Vedanta founder and Chairman Anil Agarwal discusses the motivation behind the exercise, and explains why he thinks India’s mining industry needs an overhaul. Edited excerpts:
7 min |
May 30, 2026
Business Standard
NPCI chief bats for regulatory framework for fintech ecosystem
India’s digital payments and financial technology ecosystem needs a regulatory framework for the agentic world, to ensure orderly implementation of related use cases, the National Payments Corporation of India (NPCI) Chief Dilip Asbe said on Friday.
1 min |
May 30, 2026
Business Standard
Intel, 3DGS to set up $3.3 bn glass substrate unit in Odisha
Chip major Intel on Friday signed a pact with 3D Glass Solutions (3DGS) and the Odisha government to set up a $3.3 billion advanced packaging glass-core substrate manufacturing facility in the Bhubaneswar-Khurda region, officials said.
2 min |
May 30, 2026
Business Standard
Rubio executes a good repair job for India and Asian allies
The broad agenda of India-US cooperation has been reaffirmed, but emerging US-China bonhomie raises questions over the future of Quad
4 min |
May 30, 2026
Business Standard
Worsening side effects of life in fast lane: Obesity, diabetes up sharply
The National Family Health Survey-6 (NFHS-6) has confirmed what pharmaceutical companies offering treatment for weight management and high blood sugar levels have known for a while now: That India’s obesity and diabetes burden is growing at a rapid clip among both men and women.
3 min |
May 30, 2026
Business Standard
Lingering geopolitical tensions may hit loan portfolios: RBI report
The ongoing West Asia conflict poses risks to domestic growth and inflation, albeit in the short run, even as the economy is expected to be resilient in 2026-27 (FY27), the Reserve Bank of India (RBI) said in its annual report released on Friday.
2 min |
May 30, 2026
Business Standard
IndiGo reports net loss of ₹2,537 crore
Forex losses, high ATF prices dent earnings
2 min |
May 30, 2026
Business Standard
Energy prices, CAD, BOP big priorities: Nageswaran
Chief economic advisor (CEA) V Anantha Nageswaran on Friday said managing Macroeconomic fundamentals like the balance of payments and current account deficit has assumed a larger priority for the government right now as the West Asia conflict has triggered a massive global energy shock.
1 min |
May 30, 2026
Business Standard
India raises Russian crude oil and US gas imports in May
Imports of Russian crude oil rose to 192 million barrels per day till May 28
2 min |
May 30, 2026
Business Standard
A meme movement
The Cockroach Janata Party (CJP) gained online traction at great speed.
3 min |
May 30, 2026
Business Standard
SC sets aside Sebi’s ₹447 cr disgorgement order to RIL
The Supreme Court (SC) on Friday struck down the Securities and Exchange Board of India’s (Sebi’s) order directing Reliance Industries Ltd (RIL) to give back ₹447.27 crore, along with interest, in the long-running Reliance Petroleum Limited (RPL) futures trading case of 2007.
2 min |
May 30, 2026
Business Standard
Competition watchdog proposes raising time limit for commitment applications
The Competition Commission of India (CCI) on Friday proposed amending its commitment regulations to increase timelines for such applications. This includes extending the period to avail the scheme from 45 days to 60 days from the date of the investigation order, to address administrative and procedural issues.
1 min |
May 30, 2026
Business Standard
El Nino effect: IMD lowers 2026 monsoon forecast
India Meteorological Department (IMD) has further lowered its 2026 southwest monsoon forecast to 90 per cent of the long-period average (LPA) from the 92 per cent of LPA predicted in April, signalling that rains are likely to be “below normal” over the country as a whole.
2 min |
May 30, 2026
Business Standard
India fifth-most digitised economy globally in 2026, reckons Prosus-Icrier report
India has emerged the fifth-most digitised economy globally in 2026, overtaking major developed economies such as Germany, France, Japan and Canada in digital performance, a report by the Indian Council for Research on International Economic Relations (Icrier) and the Prosus Centre for Internet and Digital Economy (IPCIDE) said.
1 min |
May 30, 2026
Business Standard
Energy prices, CAD, BoP big priorities: Nageswaran
Chief economic advisor (CEA) V Anantha Nageswaran on Friday said managing Macroeconomic fundamentals like the balance of payments and current account deficit has assumed a larger priority for the government right now as the West Asia conflict has triggered a massive global energy shock.
1 min |
May 30, 2026
Business Standard
Trade deal with India could be sealed in a few weeks: US envoy
The trade deal between India and the United States (US) will be finalised and signed “over the next few weeks and months”, US Ambassador to India, Sergio Gor, said on Friday.
1 min |
May 30, 2026
Business Standard
Delhi HC upholds Trai cap on TV ads at 12 minutes per hour
The Delhi High Court on Friday upheld the Telecom Regulatory Authority of India’s (Trai’s) regulations restricting television advertising to a maximum of 12 minutes in every clock hour, dismissing a batch of petitions filed by broadcasters against the cap.
1 min |
May 30, 2026
Business Standard
India raises Russian crude oil and US gas imports in May
Imports of Russian crude oil rose to 1.92 million barrels per day till May 28
2 min |
May 30, 2026
Business Standard
HC rejects Pernod plea to sell liquor in Delhi
The Delhi High Court on Friday dismissed a plea by French liquor giant Pernod Ricard challenging the Delhi government's refusal to grant it an L-1 wholesale liquor licence.
1 min |
May 30, 2026
Business Standard
Govt directs OMCs to build 30-day LPG stock
The government has directed state-run oil marketing companies (OMCs) to expand liquefied petroleum gas (LPG) storage capacity to meet country’s minimum 30-day requirement, as a senior official said on Friday.
1 min |
May 30, 2026
Business Standard
Maha readying 2,000 GPUs for innovators: CM
Maharashtra Chief Minister (CM) Devendra Fadnavis on Friday said that the state was readying 2,000 graphic processing units (GPUs) for companies to accelerate innovation in artificial intelligence (AI).
1 min |
May 30, 2026
Business Standard
SC sets aside order asking RIL to disgorge ₹447 cr
With the finding of fraud set aside, the Court held that the disgorgement order could no longer stand.
1 min |
May 30, 2026
Business Standard
Throwing governance out with the garbage
It’s not an accident that Apple’s Steve Jobs, maybe the greatest of all high-tech founders and CEOs, had no need to shelter behind bespoke extra protections
4 min |
May 30, 2026
Business Standard
₹ logs sharpest gain in two months
This was linked to maturing positions in the non-deliverable forwards (NDF) market.
1 min |
May 30, 2026
Business Standard
Eruditus eyes over 50% of top line from India in 5 yrs
Edtech platform Eruditus, headquartered in Singapore, expects India to contribute more than half of its overall revenue over the next five years, as the company deepens its push into foreign university partnerships in the country.
2 min |
May 30, 2026
Business Standard
Customising for customers? Issues in 5G slicing
Telecom-service provider Vodafone Idea on Thursday took on Airtel’s priority postpaid plans based on 5G slicing, which is a method of compartmentalising a carrier’s network for putting it to specific use.
2 min |
May 30, 2026
Business Standard
SC sets 3-month deadline for high courts to deliver reserved judgments
The Supreme Court on Friday issued a set of binding directions to high courts across the country to tackle delays in the pronouncement of reserved judgments, including prescribing a three-month timeline for delivering decisions after reserving orders.
1 min |