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India needs Rs 80 trillion in urban infrastructure investment by 2037: Report

May 15, 2026

New Delhi, May 15 (IANS) India requires nearly Rs 80 trillion in urban infrastructure investment by 2037 to support rapid urbanisation and economic growth, a report said on Friday.The report from credit ratings agency Brickwork Ratings (BWR) said that urban areas are expected to contribute nearly 70 per cent of India’s GDP by 2036, making…

Gold import duty hike may support India’s current account by 23 bps: Report

May 15, 2026

New Delhi, May 15 (IANS) The central government's defensive measures to protect financial stability, including a gold import duty hike to 15 per cent may trim the current account deficit by about 23 bps, a report said on Friday.Markets have…

Business

IDFC First bank scam: CBI conducts searches at seven locations in Chandigarh, Panchkula

May 15, 2026

Chandigarh, May 15 (IANS) The Central Bureau of Investigation (CBI) conducted searches at multiple locations in Chandigarh and Panchkula, in connection with the Haryana IDFC First Bank/AU Small Finance bank scam on Thursday, to trace “the…

Business

OpenAI launches Codex in ChatGPT mobile app for iOS, Android

May 15, 2026

New Delhi, May 15 (IANS) OpenAI -- the parent company of ChatGPT -- has integrated its AI coding assistant Codex into the ChatGPT mobile app for iOS and Android users, allowing developers to monitor, manage and approve coding tasks remotely…

Business

Samsung’s union to proceed with strike despite management’s dialogue offer

May 15, 2026

Seoul, May 15 (IANS) Samsung Electronics’ largest labour union said on Friday it will proceed with a major strike planned for next week despite the company's proposal to resume talks without preconditions.An official proposal was sent to…

Business

Gold, silver tumble up to 4 pc amid stronger dollar, rising crude prices

May 15, 2026

New Delhi, May 15 (IANS) Gold and silver prices traded sharply lower on Friday, with both precious metals declining in domestic trade by up to 4 per cent amid strength in the dollar index.On the Multi Commodity Exchange (MCX), gold futures…

Business

Rs 3 fuel price hike a measured, responsible decision: CAIT

May 15, 2026

New Delhi, May 15 (IANS) The Confederation of All India Traders (CAIT) on Friday termed the Rs 3 per litre increase in petrol and diesel prices a 'measured and responsible decision' aimed at ensuring an uninterrupted fuel supply and…

Business

Global fuel hike: India stands out as striking exception, says BJP’s Amit Malviya

May 15, 2026

New Delhi, May 15 (IANS) BJP IT cell chief Amit Malviya said on Friday that India emerged as a 'striking exception' amid a sharp rise in global fuel prices triggered by ongoing West Asia conflict and disruption in crude oil supplies through…

Business

ITR filing process for AY 2026-27 officially begins

May 15, 2026

New Delhi, May 15 (IANS) The Income Tax Department on Friday said that it enabled the filing of Income Tax Returns (ITRs) for the financial year 2025-26 (assessment year 2026-27) with the release of Excel utilities for ITR-1 and ITR-4 forms…

Business

Indian markets trade flat amid mixed global cues, oil prices rise

May 15, 2026

Mumbai, May 15 (IANS) Indian equity markets traded flat in early trade on Friday amid mixed global cues from Asian and US markets.Nifty was trading at 23,663, down 0.11 per cent or 26.25 points from the previous close, while Sensex was at…

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