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Business
RBI Cancels Licence of Sarvodaya Co-operative Bank: Here’s Why
New Delhi, May 19: The Reserve Bank of India has cancelled the licence of Sarvodaya Co-operative Bank after finding serious regulatory non-compliance. The bank has been barred from conducting any banking operations, and authorities have…
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Indian Rupee Falls to Record Low of 96.47 Against US Dollar
New Delhi, May 19: The Indian rupee weakened sharply on Tuesday, slipping to a record low of 96.47 against the US dollar. The decline reflects sustained strength in the US currency and mounting pressure on India’s import-dependent economy,…
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ITC and Godfrey Phillips Shares Rise After Another Cigarette Price Hike
New Delhi, May 19: Shares of major tobacco companies ITC Limited and Godfrey Phillips India rose in early trade after both firms announced fresh cigarette price increases across key product segments. The hike comes as companies pass on…
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Littered Liquor Bottles in Odisha Forests Emerging as Threat to Elephants
By Arun Kumar Das
Bhubaneswar, May 18: Rampant dumping of liquor bottles in forest areas of Odisha is emerging as a growing threat to elephants, according to wildlife observers and conservation groups.
Forest Patches Becoming Unsafe…
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Despite Bonus Cut, Infosys Reports Strong Q4 FY26 Performance
Bengaluru, May 19: Infosys reported strong financial performance for the fourth quarter of FY26, even as it reduced employee bonus payouts for the March quarter.
Profit and Revenue Growth in Q4
The company posted a net…
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Fact Check: Government Rejects Viral Claim About Temple Gold Bond Scheme
New Delhi, May 19, 2026: The Press Information Bureau has dismissed as false a viral claim circulating on social media that the Government of India plans to issue gold bonds to temples in exchange for temple gold holdings.
Government…
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NSE Begins Live Trading of Electronic Gold Receipts (EGRs) Across India
New Delhi, May 19: National Stock Exchange of India has officially commenced live trading in the Electronic Gold Receipts (EGR) segment from May 18, 2026, marking a major step in India’s gold market digitisation efforts.…
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Olive Garden Makes India Debut with Flagship Restaurant in New Delhi’s Aerocity
New Delhi, May 18: Olive Garden has officially entered the Indian market with the launch of its first outlet at World St., Worldmark, Aerocity in New Delhi. The iconic American-Italian dining brand is being introduced in India by Gourmet…
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NSE and Karnataka Government Partner to Launch Student Skilling Program
New Delhi, May 18: National Stock Exchange of India has signed a Memorandum of Understanding (MoU) with the Higher Education Department, Government of Karnataka to introduce a Student Skilling Program aimed at improving…
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Liberty Mutual Raises Stake in Liberty General Insurance to 74% in India
New Delhi, May 18: Liberty Mutual Insurance has increased its stake in Liberty General Insurance to 74%, strengthening its presence in the fast-growing Indian insurance market.
The latest development comes after Liberty Mutual had earlier…
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