Monday, May 18, 2026

Business

Elon Musk loses lawsuit against OpenAI

A federal court on Monday dismissed Elon Musk’s claims against OpenAI and its top executives, bringing an end to a closely watched legal battle over the...

Big win for Gautam Adani as US Justice Department drops charges, closes securities and wire fraud case permanently

In a significant relief for Gautam Adani, the US Justice Department has withdrawn criminal charges...

How India’s LPG shortage & fuel export restrictions are raising gasoline prices in California

US-Iran conflict impact: The global energy shock triggered by the US-Israeli conflict with Iran is...

US Treasury reaches $275 million settlement with Adani Enterprises over Iran sanctions violations

The US Treasury Department on Monday said it had reached a $275 million settlement with...

RBI sees no signs of excess credit risk, keeps countercyclical capital buffer inactive

The Reserve Bank of India (RBI) on Monday decided against activating the countercyclical capital buffer...
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India’s forex kitty rises $9 bn to $697.12 bn; gold drives surge

India’s foreign exchange reserves rose by $9.063 billion to $697.121 billion for the week ended April 3, 2026, reversing the decline...

Piyush Goyal holds talks with Kuwait, UAE, GCC to restore trade flows, energy supplies; exporters face disruption

Commerce and Industry Minister Piyush Goyal on Friday held separate discussions with his Kuwaiti and UAE counterparts, as well as with...

Swiggy cofounder Nandan Reddy steps down, may start up again

Bengaluru: Swiggy cofounder Nandan Reddy has stepped down from the company’s board and will exit the firm to pursue independent projects,...

RBI proposes asset-based criteria for PSU inclusion in upper layer NBFC

The Reserve Bank of India on Friday proposed an overhaul of the framework for identifying upper-layer non-banking finance companies (NBFCs), suggesting...

US stock market today (April 10, 2026): S&P 500, Nasdaq rise on tech gains after inflation data

US equity benchmarks traded mixed on Friday, with the S&P 500 and Nasdaq moving higher on strength in technology stocks after...

US inflation spike: CPI jumps to 3.3% in March as Iran war lifts energy costs

Consumer inflation in the United States rose sharply to 3.3 per cent in March, government data showed Wednesday, as higher energy...
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