- Vodafone Idea posts ₹51,970 cr Q4 profit on AGR relief, promoter to infuse ₹4,730 cr May 16, 2026Vodafone Idea booked a net exceptional gain of ₹58,116 crore during the March quarter on the reduction of deferred AGR dues payment obligations.
- Tata Trusts board meeting halted by regulator citing pending probe, as pressure to go public mounts May 16, 2026The regulatory intervention has revealed a deepening rift over whether to take Tata Sons — the conglomerate that produces everything from salt to software and cars — public.
- OpenAI gives Greg Brockman more control in massive shake-up, Head of ChatGPT moved: Report May 16, 2026OpenAI has reorganized its leadership amid ongoing legal disputes with Elon Musk, giving Brockman's control over product strategy.The company has also made various other changes
- Portfolio reshuffle: Berkshire onboards Delta, triples Alphabet stake; sheds Visa, Mastercard, Domino's Pizza May 16, 2026Berkshire bought $15.94 billion and sold $24.09 billion of stocks in the January-to-March period, according to the conglomerate's stock holdings as of 31 March.
- Elon Musk’s SpaceX IPO plans: 10 things to know about Nasdaq listing buzz May 16, 2026SpaceX is reportedly preparing for a blockbuster Nasdaq debut that could value the company at nearly $1.75 trillion. From the IPO timeline and valuation target to Starlink and Wall Street backing, here are 10 important things to know.
- 'Not just roads, but faith': Nitin Gadkari reviews Palkhi Marg highway upgrade in Pune May 16, 2026
- Tax wealthy, not fuel and gold: Former UN Advisor, economist Santosh Mehrotra warns of Rupee slump, job losses May 16, 2026Former UN Advisor Santosh Mehrotra urged the government to tax the super-rich instead of relying on indirect taxes on fuel and gold, warning these are fueling inflation and job losses. He cautioned that escalating geopolitical tensions could push the Indian Rupee to ₹100 against the US dollar within a quarter, exacerbating economic stress.
- Petrol, diesel price hike may trigger chain reaction across economy, say experts May 16, 2026Rising petrol and diesel prices are poised to escalate India's retail inflation, with economists forecasting a significant ripple effect on household expenses. Analysts predict fuel price hikes could add 10-25 basis points to headline inflation, impacting transportation, logistics, and manufactured goods. This surge, coupled with increasing milk prices, […]
- Oil price shock to widen current account deficit, push inflation higher as US-Iran war continues: Expert May 16, 2026With no sign of the US-Iran war ending and global oil prices likely to reach record highs within a quarter, Santosh Mehrotra, former Economic Advisor to the United Nations, warned that India's current account deficit could widen by 0.3 per cent of GDP for every USD 10 rise in oil prices.
- WPI inflation to face further upside as oil and metal prices stay elevated amid geopolitical tensions: Report May 16, 2026India's Wholesale Price Index surged to 8.3 percent in April 2026. Fuel and manufactured goods drove this sharp rise. Global crude oil prices and geopolitical tensions impacted fuel costs. Metal prices also climbed significantly. Food inflation eased but may rise later. This marks the highest WPI since October 2022.
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