Thursday, May 21, 2026

Business

US mortgage rates hit highest level in nearly nine months, borrowing costs rise for homebuyers

The average long-term US mortgage rate climbed this week to its highest level in nearly nine months, raising borrowing costs for homebuyers during what is traditionally...

Wipro founder Azim Premji’s son buys Rs 45.7 cr Bengaluru home

Bengaluru: Tariq Premji, son of billionaire philanthropist and Wipro founder Azim Premji, has bought a...

US stock markets today (May 21, 2026): Wall Street extends losses as oil prices rebound, Nvidia earnings fail to lift sentiment

US stock markets moved lower on Thursday extending recent losses as a rebound in oil...

State-run oil firms report 41% jump in Q4 net profit

The three state-run oil companies, controlling over 90% of domestic fuel retail market, have registered a combined...

US big quantum technology bet: Trump administration backs firms with $2 billion funding tied with equity stake

The Trump administration is awarding grants to a group of quantum computing companies, including IBM,...
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US wholesale inflation data: Producer prices rise 4% as Iran war fuels energy surge, Fed faces policy dilemma

US wholesale prices rose sharply in March as the Iran war drove up energy costs, adding to inflation pressures and complicating...

Paytm ownership shift: Domestic investors cross 50% stake; firm turns majority Indian-controlled

One 97 Communications Ltd, which operates the Paytm brand, has become a majority Indian-owned and controlled company after domestic investors raised...

`Indian pharma must balance generics with innovation’

NEW DELHI: India’s pharmaceutical industry must focus on both generics and innovative products, as well as develop products specially tailored for...

Crude oil prices today: Brent, WTI fall up to 6% on hopes of US-Iran talks; supply risks persist

Oil prices declined sharply on Tuesday as hopes of renewed talks between the US and Iran eased concerns over prolonged supply...

Gold prices today (April 14, 2026): MCX gold jumps over 1%; June, August contracts extend gains

Gold prices traded higher in the domestic futures market on Tuesday, tracking firm global cues and improved sentiment amid easing dollar...

US markets today (April 14, 2026): Dow, S&P 500, Nasdaq rise on Middle East de-escalation hopes; earnings in focus

Wall Street extended its gains on Tuesday, with investors stepping back into equities amid fresh signals that diplomatic efforts could ease...
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