rotating globe
12 May 2026


Business

Gadkari says to shift from petrol, diesel

Petrol and diesel vehicles may soon become a thing of the past, according to Union Minister Nitin Gadkari, who has strongly urged…

Airlines cite shutdown risk from fuel costs

India’s airline industry has warned of severe financial stress due to rising aviation turbine fuel (ATF) prices, raising concerns that operations could…

Rupee falls 24 paise to 94.39 against dollar

The Indian rupee fell against the US dollar on April 28, 2026, as rising crude oil prices and fresh demand for dollars…

India ranks 5th globally in defence spending

India has become the fifth-largest military spender in the world in 2025, with its defence expenditure rising to about $92 billion, according…

India–New Zealand sign FTA

India and New Zealand have signed a comprehensive Free Trade Agreement (FTA) aimed at expanding trade, encouraging investment, and strengthening economic cooperation…

India extends ₹30 bn aid to Maldives

India has approved the release of ₹30 billion to the Maldives under the SAARC Currency Swap Framework, offering fresh financial support to…

Rupee slips to 94.25 against US dollar

The Indian rupee started the day on a weak note, slipping by 24 paise to 94.25 against the US dollar in early…

India seafood exports touch ₹72,325 cr

India’s seafood exports touched a record ₹72,325 crore in the financial year 2025-26, showing the strength of the sector even as demand…

Iran seizes Gujarat-bound ship near Hormuz

Iran has detained two commercial ships near the Strait of Hormuz, including a cargo vessel headed for Gujarat’s Mundra Port, creating fresh…

RBI partly rolls back rupee trade curbs

The Reserve Bank of India has partially rolled back emergency restrictions on rupee derivative trades after signs of stability returned to the…