Economic Times07.05.2026BusinessIndia
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أخبار ذات صلة
مُلِح·5 dk önce
Indian Equity Benchmarks Crash Amid US-Iran Tensions and Soaring Crude Oil Prices
Indian stock market indices Nifty50 and BSE Sensex plunged around 2% on Wednesday, erasing nearly Rs 8 lakh crore in investor wealth. The crash was triggered by fresh US-Iran tensions following President Trump's declaration that the ceasefire arrangement was "over," leading to a surge in crude oil prices and a wave of risk aversion globally.
Times of India
يتطور·22 dk önce
Household Food Expenses Under Pressure from Rising Tomato, Cooking Gas Prices
Household food expenses in India are expected to remain high due to increased prices of tomatoes, cooking oil, and LPG. While potato prices have fallen, the rise in other essentials has driven up both vegetarian and non-vegetarian thali costs month-on-month in June. Future price moderation depends on seasonal crop arrivals and global energy markets.
Economic Times
Business·26 dk önce
Air India ordered to pay Rs 20 lakh compensation and refund to senior citizen for defective business class seat
A 73-year-old man with cervical spondylosis was awarded a full refund and Rs 20 lakh compensation by the NCDRC for a defective business class seat on an Air India flight. The faulty seat caused him severe pain and discomfort during a 15-hour journey, exacerbating his medical condition.
Economic Times
يتطور·30 dk önce
Titan, Kalyan Jewellers Show Resilience Amid Q1FY27 Headwinds
Despite inflation, higher interest rate expectations, and the Adhik Maas period impacting demand, Titan and Kalyan Jewellers reported strong Q1FY27 business updates. Both companies saw robust jewellery demand, supported by store expansion and growth in domestic and international markets.
Economic Times
يتطور·1 sa önce
Indian Rupee Faces Depreciation; RBI Explores FX CRR to Stabilize Currency
The Indian Rupee has depreciated nearly 9% against the USD since early 2025, facing headwinds from equity valuations, AI theme exclusion, and geopolitical tensions. The RBI has intervened heavily, selling $87 billion and increasing its short forward book. Measures like tax removal and FCNR deposits aim to attract capital, but a proposed FX cash reserve ratio could resolve currency leads and lags without altering interest rates.
Economic Times
يتطور·1 sa önce
Blue Tokai Plans to Triple Store Count to 800 by FY30, Eyes $100 Million Funding
Specialty coffee chain Blue Tokai aims to expand its store network to 800 by FY30, opening 120 new cafes this fiscal year. The company is in talks to raise at least $100 million and expects revenue to exceed Rs 8 billion, projecting profitability by March 2028.
Economic Times