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India’s dependence on imported edible oils deepened significantly during the first half of the 2025–26 oil marketing year, with the country’s vegetable oil import bill soaring to nearly ₹87,000 crore amid rising global prices, a weakening rupee, and sharply higher palm oil purchases. According to fresh industry data released by the Solvent Extractors’ Association of India, India imported 7.94 million tonnes of vegetable oils between November 2025 and April 2026, marking a 13% increase compared to 7.04 million tonnes imported during the same period last year. The sharp increase reinforces India’s continued reliance on overseas edible oil supplies despite ongoing…

During his week-long visit to India, Uber CEO Dara Khosrowshahi is meeting with top government officials and business executives to talk about the company’s investment plans, mobility development, and electric vehicle strategy. Khosrowshahi met with Finance Minister Nirmala Sitharaman on Tuesday while in New Delhi to talk about Uber’s long-term goals for India. Khosrowshahi said on X, “Honored to meet with Finance Minister Nirmala Sitharaman today in Delhi.” “The number of earners on Uber’s platform in India has quadrupled since we last met,” he continued, alluding to a previous conversation with Sitharaman in 2022. Uber’s strategic investment roadmap for India…

Shares of Zaggle Prepaid Ocean Services witnessed a sharp sell-off on Thursday, plunging more than 17% despite the company reporting strong revenue and profit growth for the March quarter. Investor sentiment turned negative after the company posted sequential margin compression, overshadowing otherwise healthy financial performance. The sharp fall marked the stock’s biggest single-day decline since its market debut. During intraday trading on the National Stock Exchange (NSE), Zaggle shares dropped as much as 16.68% to ₹236.65 as investors reacted to the company’s quarterly earnings and profitability concerns. The fintech company delivered solid operational growth in the fourth quarter of FY26,…

Indian equity markets remained under pressure as benchmark indices witnessed heavy selling for the fourth consecutive session. Rising crude oil prices, a weakening rupee, and weak global market sentiment dragged investor confidence, leading to sharp declines across sectors. The Nifty 50 closed at 23,379, falling nearly 436 points during the session, while broader markets significantly underperformed the benchmark. Market breadth remained weak, with an advance-decline ratio of 1:4.5, indicating widespread selling pressure across stocks. Mid-cap and small-cap indices fell nearly 3% each, reflecting strong risk-off sentiment among investors. Sector-wise, all major indices ended in the red, with the IT sector…

Samsung has officially unveiled the One UI 9 beta program for the Galaxy S26 series, marking one of the company’s biggest software upgrades in recent years. Built on Google’s Android 17 platform, the latest One UI version introduces a refreshed design language, deeper artificial intelligence integration, stronger privacy tools, improved accessibility features, and enhanced customization options aimed at delivering a more personalized Galaxy smartphone experience. The beta rollout is currently available for the Galaxy S26, Galaxy S26+, and Galaxy S26 Ultra in select regions, allowing early adopters to test upcoming features before the stable public release later this year. The…

Introduction Kaynes Technology has emerged as one of India’s fastest-growing electronics manufacturing companies. Investors and market analysts are closely tracking the Kaynes Technology share price due to the company’s strong financial performance and expansion in the electronics sector. The growing demand for semiconductor solutions, IoT devices, and embedded systems has significantly boosted the popularity of Kaynes’ share price discussions among retail and institutional investors. About Kaynes Technology Founded in 1988, Kaynes Technology is a leading end-to-end IoT-enabled integrated electronics manufacturing company in India. The company provides conceptual design, process engineering, manufacturing, and lifecycle support services. The company operates in multiple…

Recent test cars suggest that Kia is getting ready to release the Seltos Hybrid in India sometime in 2027. Several industry estimates indicate that the hybrid SUV may achieve fuel-efficiency figures of about 25–26 km/L, even though the business has not yet formally verified specifications. This immediately makes it significant because India’s midsize SUV market is rapidly evolving. Although consumers still desire SUVs, many are choosing hybrids over traditional gasoline engines due to growing fuel costs and increased urban traffic. It is anticipated that the Seltos Hybrid would specifically target consumers who seek much lower operating expenses but are not…

In anticipation of its release in China later this month, Xiaomi has formally begun teasing the Xiaomi 17 Max. The company’s flagship Xiaomi 17 series, which now consists of the Xiaomi 17, Xiaomi 17 Pro, Xiaomi 17 Pro Max, and the premium Xiaomi 17 Ultra, will be joined by the future smartphone. The Xiaomi 17 Max appears to be a larger, more potent version of the standard model rather than merely a large-screen substitute based on the teases and leaks thus far. On Weibo, the firm released the phone’s first official image, showcasing the Max variant’s new design aesthetic. The…

Rising Jet Fuel Costs Force Air India to Suspend Key International Routes Due to pressure from skyrocketing jet fuel prices, Tata-owned Air India has made significant cuts to its international network for three months, beginning in June. The cuts include the complete suspension of flights from its major hub in Delhi to important locations like Chicago, Newark, Singapore, and Shanghai. There have also been fewer flights to places like Toronto, Paris, and San Francisco. The airline has cut about 100 flights each day overall. For the week ending May 8, 2026, the average price of jet fuel worldwide was $162.89…

The gold rate in India today remained volatile as investors closely monitored global bullion markets, MCX trends, and US dollar movement. Rising geopolitical tensions, inflation concerns, and changing interest rate expectations continue to influence gold and silver prices across major Indian cities, including Chennai, Delhi, Ahmedabad, Kolkata, and Hyderabad. Market experts say that gold remains one of the safest investment options during uncertain economic conditions. At the same time, silver prices are also witnessing fluctuations due to strong industrial demand and currency volatility. Gold Rate Today in Chennai, Delhi, Ahmedabad & Kolkata Today gold rate in Chennai continued to remain…