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Today’s Top TEN Business News of India

May 16, 2026

Fuel Prices Hiked Nationwide by ₹3 per Litre After keeping rates steady for a prolonged period, state-run oil marketing companies (OMCs) have increased petrol and diesel prices by ₹3 per litre. In Delhi, CNG prices also climbed by ₹2. Experts warn this hike could trigger an inflationary ripple effect across transport, food, and delivery services,…

Jaipur International Airport gets award for initiatives in climate resilience

May 16, 2026

Jaipur, May 16 (IANS) Jaipur International Airport Limited (JIAL) has received the Silver Recognition at the Airports Council International Asia-Pacific and Middle East Green Airports Recognition 2026 awards. Presented under the theme…

Business

Intra-BRICS trade jumps 13-fold in 21 yrs, touches $1.17 trillion: Commerce Secretary

May 16, 2026

Gandhinagar, May 16 (IANS) The intra-BRICS merchandise trade has risen thirteen-fold, from $ 84 billion in 2003 to $ 1.17 trillion in 2024, outpacing the growth in global trade and contributing to greater resilience and diversification for…

Business

Bangladesh economy remains fragile in Q1 2026 over high inflation: Report

May 16, 2026

New Delhi, May 16 (IANS) Bangladesh’s economy remained in a “fragile and uneven recovery phase” in Q1 CY2026 as persistent inflation, weak private investment, subdued industrial activity and external sector pressures continued to drag the…

Business

Hind Rectifiers clocks 55 pc drop in Q4 net profit, margin shrinks to 3 pc

May 16, 2026

Mumbai, May 16 (IANS) Hind Rectifiers Limited on Saturday reported a 55 per cent year-on-year decline in consolidated net profit for the fourth quarter ended March 31 (Q4 FY26).The company posted a net profit of Rs 4.51 crore for the…

Business

Iran-US tensions impose rising economic costs on China: Report

May 16, 2026

New Delhi, May 16 (IANS) The ongoing US-Iran tensions are imposing rising economic costs on China, exposing Beijing to mounting risks across energy supplies, trade flows and regional investments amid the escalating Gulf crisis, a report has…

Business

India emerging as global model for clean industrialisation: Report

May 16, 2026

New Delhi, May 16 (IANS) India may be emerging as a global example of how developing economies can industrialise without first becoming deeply dependent on fossil fuels, according to a new analysis by energy think tank Ember.The report,…

Business

US: Anxious wait ends as Indian mangoes arrive in Seattle stores

May 16, 2026

Seattle, May 16 (IANS) Indian mangoes are making a renewed entry into the wider US Pacific Northwest, including the Seattle market, following a year-long outreach initiative involving retailers, distributors and consumers. A special…

Business

India deepens space‑tech ties with Italy, announces new collaborations

May 16, 2026

New Delhi, May 16 (IANS) The Indian National Space Promotion and Authorisation Centre (IN‑SPACe) on Saturday informed it led a delegation of Indian space‑tech firms to Space Meetings Veneto 2026 in Venice, Italy, underscoring India’s push…

Business

India’s residential market structurally mature in Q1 2026 as sales, supply improve

May 16, 2026

New Delhi, May 16 (IANS) India’s residential real estate market has transitioned into a "structurally mature, demand‑anchored growth phase", with Q1 2026 recording 93,065 new unit launches and 95,973 unit sales across the top eight cities,…

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