Relief in sight for IOC, BPCL, HPCL? LPG losses for oil firms may drop 45% in FY26 if crude stays at $65/barrel, says report

India’s oil marketing companies (OMCs) may finally be heading for some relief after years of absorbing losses on domestic LPG sales.  According to a CareEdge Ratings report, LPG-related losses for Indian Oil Corporation (IOC), Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corporation (HPCL) could fall by nearly 45 per cent in FY26, if crude oil…

Foreign investors infuse Rs 4452 crore in Indian equities this week net investment in May at Rs 18620 crore National Securities Depository Limited

Foreign Portfolio Investors (FPIs) made strong investments in the Indian equity markets this week, bringing in Rs 4,452.3 crore between May 13 and May 16, according to data from the National Securities Depository Limited (NSDL). The highest inflows during the week were recorded on Friday, when FPIs invested a net amount of Rs 5,746 crore…

‘N word is a very nasty word…’: Trump repeats claim of brokering Indo-Pak ceasefire, says nuclear threat was real

US President Donald Trump has once again claimed that his intervention prevented a potential nuclear clash between India and Pakistan, insisting that his efforts to de-escalate the situation were a “bigger success” than he would ever be credited for. In an interview with a news channel on Friday, Trump reportedly said, “A bigger success than…

Delhi Weather Update: NCR gets brief breather after rain, but air quality remains ‘poor’ to ‘very poor’

Delhi Weather News: A light spell of rain across Delhi-NCR early Saturday brought a slight drop in temperature and a bit of comfort to residents. But the relief was short-lived, with overall air quality still stuck in the “poor” to “very poor” bracket across several locations. As per the Central Pollution Control Board (CPCB), the Air…

IMD forecasts rainfall, thunderstorms across several parts of India for next five days

The Indian Meteorological Department (IMD) has forecast continued rainfall and thunderstorm activity across several regions of the country over the next five days. Speaking to ANI on Friday, IMD scientist Akhil Srivastava pointed out that southern India, especially the states of Tamil Nadu, Kerala, and Karnataka, will experience persistent rainfall, accompanied by thunderstorms and gusty…

NCP-SCP MP Supriya Sule accepts invite to join all-party delegation to project India’s anti-terror stand

NCP-SCP MP Supriya Sule on Saturday expressed her gratitude after being appointed to the all-party delegation representing India globally to convey the country’s message on terrorism. In a tweet, Sule said, “I am honoured to join the all-party delegation representing India on the global stage. I humbly accept this responsibility and thank Hon’ble Prime Minister…

Trump administration urges Supreme Court to allow mass federal layoffs

US President Donald Trump’s administration on Friday requested the Supreme Court permit it to proceed immediately with its plan to lay off tens of thousands of workers across federal agencies, Politico reported. In an emergency appeal, the administration requested the judges to lift a lower court order temporarily preventing the layoffs quickly. Trump’s administration’s request for…

India sends all-party delegations abroad to reinforce zero-tolerance stand on terrorism

The Indian government is set to dispatch seven all-party delegations to key global capitals later this month to present a united front against cross-border terrorism and convey India’s unwavering zero-tolerance stance on the issue. The delegations, comprising around 40 Members of Parliament and prominent political figures from across the political spectrum, will visit several important…