Category: Business
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US stock markets today (May 27, 2026): Wall Street stays near record highs as easing oil prices lift sentiment
Wall Street hovered near record levels on Wednesday as falling crude oil prices eased inflation concerns and boosted investor sentiment, AP reported.The S&P 500 rose 0.1 per cent after closing at a record high in the previous session. The Dow Jones Industrial Average gained 171 points, or 0.3 per cent, while the Nasdaq Composite was…
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Sensex bleeding, gold volatile amid US-Iran war: Time to opt for good old FDs? Pros & cons of fixed income assets
Every crisis reminds us that markets can swing like a pendulum between greed and fear. (AI image) Sensex and Nifty are in deep red. Gold, the favourite safe haven asset for investors, is seeing huge volatility. The US-Iran conflict has hit investment portfolios of Indians who are now left wondering: where is their money safe?…
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Moody’s flags higher risks for Indian banks from Middle East crisis as oil prices stay elevated
Amid the ongoing stalemate over US-Iran deal, credit rating agency Moody’s Ratings on Wednesday said Indian banks are among the more exposed lenders in the Asia-Pacific region to risks arising from the ongoing Middle East crisis because of India’s heavy dependence on energy imports from the region, PTI reported.The ratings agency said sustained high oil…
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Finance ministry to review PSU banks’ lending to agriculture and MSMEs on May 29
The finance ministry has called a meeting of heads of public sector banks (PSBs) on May 29 to review credit flow to the agriculture and MSME sectors, financial performance and banking operations amid the ongoing Middle East crisis, PTI reported.The meeting will be chaired by Financial Services Secretary M Nagaraju, a day before his retirement.According…
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8th Pay Commission: Railway staff body seeks different fitment factors; here are their recommendations on salary hike
The Indian Railway Technical Supervisors’ Association (IRTSA) has proposed a separate fitment-factor structure for different categories of employees under the 8th Pay Commission, moving away from the uniform formula followed in previous pay revisions, according to an ET report.The railway technical staff body has suggested five different fitment factors ranging from 2.92 to 4.38 across…
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US team to visit India from June 1-4 for trade talks, interim pact discussions to continue
A US delegation will visit India from June 1-4 for trade negotiations with both sides expected to continue discussions on a proposed interim agreement as well as the broader bilateral trade pact, Commerce ministry statement said on Wednesday.According to the official statement, India and the US are proposed to finalise details of the interim trade…
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Sarthak-Pds Scheme: Cabinet approves Rs 25,530 crore scheme to strengthen ration distribution system till 2031
The Centre on Wednesday approved a Rs 25,530 crore scheme to continue and modernise the public distribution system (PDS) including ration transport, dealer support and technology upgrades, till March 2031.The Cabinet Committee on Economic Affairs (CCEA) cleared the umbrella scheme called SARTHAK-PDS for the 16th Finance Commission period.The scheme combines two existing programmes related to…
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HDFC Bank shares drop 2% on reports of probe regarding Rs 45 crore interest payments; bank ‘strongly rejects’ claims
HDFC Bank share price today: Shares of HDFC Bank, India’s largest private sector bank, dropped as much as 2% on Wednesday after a newspaper report alleged that the bank had made improper payments to a state government agency in an effort to attract deposits.At 1:38 PM, shares of HDFC Bank were trading at Rs 760.70,…
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Big milestone! Adani Power overtakes Infosys in market capitalisation; share rallies over 65% year-to-date
Gautam Adani (file photo) Adani Power share price today: In a milestone for the company, Adani Power has overtaken IT sector giant Infosys in terms of market capitalisation after seeing a sharp rally of nearly 68% so far in 2026.Adani Power’s market value currently stands at nearly Rs 4.85 lakh crore, higher than Infosys, whose…
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Stock Market Live Updates Today: BSE Sensex flat in trade, stays above 76,000; Nifty50 near 23,950 on mixed global cues; Asian stocks rise
On 26th May 2026, the BSE Sensex closed at 76,009.70, declining by -479.26 points (-0.63%), as profit booking emerged after the recent sharp upside rally. The index opened lower by around 265 points at 76,224.14 and initially witnessed upside momentum, touching an intraday high of 76,627.04 during early trade. However, the market failed to sustain…
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