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The third India-Nordic Summit in Oslo on 15 May, bringing together the leaders of India, Denmark, Iceland, Norway, Sweden, and Finland, is the main agenda of prime minister Narendra Modi's Europe trip.
PM Modi extended warm greetings to the people of Gujarat and Maharashtra on their statehood day, praising their contributions to India's growth and cultural richness.
Apple Inc. posted strong earnings, beating estimates with robust iPhone demand and services growth. AI optimism, global resilience, and shareholder returns boosted sentiment, though valuation and long-term growth risks remain.
The India Meteorological Department issued orange alert for several states. Bengaluru and Kolkata can expect heavy rains today. Check heatwave status and Delhi's weather forecast here.
From 1 May, changes to LPG booking and delivery will take effect, including longer booking intervals and the mandatory use of OTP for deliveries. The price of a 19-kg commercial LPG cylinder has been increased significantly.
Petrol and diesel prices on 1 May: Check the latest fuel rates in Delhi, Mumbai, Kolkata and Bengaluru. Here’s how much a litre of petrol and diesel costs today across key Indian cities.
Indian equities present a compelling opportunity for patient investors. Recent underperformance has already factored in negative news. Alok Agarwal of Alchemy Capital Management highlights sectors like metals, capital markets, power infrastructure, and defence. He believes the current caution offers an attractive entry point for those looking beyond immediate challenges. Accumulation is advised for long-term gains.
ECB President Christine Lagarde dismissed stagflation concerns in the euro zone, even as risks to growth and inflation rise. The central bank held rates steady and maintained modest growth projections. While inflation pressures persist and economic momentum weakens, the ECB said current conditions do not reflect historical stagflation dynamics.
Investors are recalibrating expectations as a U.S. Federal Reserve leadership change looms. Once anticipating rate cuts, markets now face uncertainty due to internal Fed divisions and rising energy prices. This shift suggests a prolonged period of higher rates, impacting investments and complicating the central bank's inflation fight.
Maharashtra Day 2026: While major tourist spots in the state will remain open, banks, schools, colleges and stock markets won't operate on Maharashtra Day. However, emergency services will continue to operate. Check schedule.
U.S. inflation surged in March, driven by rising gasoline prices amid the Iran conflict, with the PCE index recording its sharpest monthly gain in nearly two years. Elevated inflation and steady core pressures have reinforced expectations of prolonged higher interest rates, while real consumer spending growth showed signs of slowing.
A cruise boat tragedy at Bargi Dam claimed 7 lives. A total of 15 people have been rescued so far. Madhya Pradesh authorities are investigating the incident and Search and rescue operations are underway.
Oil prices stay above $110 a barrel as the Middle East conflict enters its second month. The Strait of Hormuz remains blocked, impacting global supply. Peace talks are stalled, with expectations of a swift agreement fading. Fresh attacks and potential US military strikes are pushing prices higher. Analysts warn of further price increases if the situation escalates.
Iran US War LIVE Updates: Although the ceasefire has been extended, tensions remain high. Iran continues to exert control over the Strait of Hormuz, while the US Navy is enforcing a blockade aimed at stopping Iranian oil shipments from reaching global markets.
Iranian President Masoud Pezeshkian condemned US military and economic pressures, asserting that the naval blockade is a continuation of hostile actions against Iran.
Oil prices climbed Friday as Iran conflict resolution efforts stalled, with Tehran blocking the Strait of Hormuz and the U.S. Navy restricting Iranian crude exports. Brent crude futures rose to $111.59 a barrel, and WTI futures reached $105.46, marking four consecutive months of gains. Tensions escalated with threats of "long and painful strikes" on U.S. positions if attacks resume.
Gold prices held steady Friday, but a weekly dip was likely as soaring oil prices fueled inflation concerns, impacting interest rate expectations. Meanwhile, geopolitical tensions in the Strait of Hormuz and a significant drop in India's gold imports due to tax issues also played a role in the market's movements.
Japan's currency, the yen, saw a slight dip against the dollar on Friday. However, it is set for its strongest weekly rise in over two months. This comes after Japanese officials stepped in to support the yen. Investors are watching closely for more action. Oil prices remain high due to threats against US positions.
Effective May 1, the price of a 19-kg commercial LPG cylinder has increased by ₹993, while the 14.2-kg domestic cylinder price remains stable, shielding households from fuel price volatility.
Asian markets rebounded as tech stocks rallied on strong earnings, while Japan intervened to support the yen after its slide. Oil prices eased from four-year peaks amid geopolitical tensions, though Iran's threats kept crude firm. Central banks signaled potential rate hikes, influencing currency movements.
Google's doodle for International Labour Day highlights the importance of all workers, celebrating their contributions to society. Each letter symbolizes different professions, emphasizing diversity and collective effort.
NSE Holidays 2026: Domestic stock exchanges NSE and BSE will be shut for trading on Friday due to Maharashtra Day holiday. There will be no trading on NCDEX, while MCX will resume trading in the evening session.
