Fuel Price Hike: ‘Fuel price hike inevitable’: State-run oil firms lose over Rs 1 lakh crore in 10 weeks amid Middle East crisis

State-owned oil marketing companies (OMCs) have incurred losses of more than Rs 1 lakh crore over the past 10 weeks as they continued to shield Indian consumers from soaring global fuel prices triggered by the ongoing Middle East conflictThe three state-run fuel retailers, Indian Oil Corporation, Bharat Petroleum Corporation Limited and Hindustan Petroleum Corporation Limited,…

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Rs 4,000 crore infra push: PM Modi unveils key projects in Sikkim across healthcare, housing, education and other sectors

Prime Minister Narendra Modi is on a two-day visit to Sikkim, where he is participating in the State’s Golden Jubilee celebrations of statehood. During the event, the Prime Minister described the Northeast as India’s “Ashtalakshmi” and highlighted the Himalayan State’s significance within it. During the visit, he also inaugurated and laid the foundation stone of…

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Stock market today: Which are the top gainers and losers in BSE Sensex and Nifty50 today? Check list

The BSE Sensex rose 254.36 points, or 0.33%, to settle at 77,409.98, while the NSE Nifty50 gained 82.30 points, or 0.34%, to close at 24,168. Benchmark equity indices Sensex and Nifty closed higher for the fifth straight session on Thursday, supported by easing crude oil prices and optimism surrounding the US-Iran peace deal.The BSE Sensex…

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Gold price prediction today: Will gold, silver price rally on May 6, 2026 sustain? Check near-term outlook

We see the current rebound in Gold to extend towards the initial resistance of $4,700 and then reverse the course, says Anand Rathi Shares and Stock Brokers. (AI image) Gold price prediction today: Any upside in gold and silver prices may face resistance at higher levels, says Vedika Narvekar, Research Analyst – Commodities & Currencies,…

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Hong Kong is trying to build up its crypto regulations: State of Crypto

Consensus Hong Kong wrapped up with a bang as policymakers announced new initiatives to grow the digital assets sector. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions. The narrative Policymakers at Consensus Hong Kong announced a slew of initiatives…

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