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Press Trust of India

Press Trust of India

Press Trust of India

Press Trust of India (PTI) is India's premier news agency, with a reach that covers every corner of India. It employs more than 600 journalists and 800 stringers to cover almost every city and town in India. PTI was registered in 1947 and started operations in 1949.

Press Trust of India (PTI) is India's premier news agency, with a reach that covers every corner of India. It employs more than 600 journalists and 800 stringers to cover almost every city and town in India. PTI was registered in 1947 and started operations in 1949.

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Page 4 - Press Trust Of India/workspace/business Standard Web/undefined

Moody's slashes 2026 India growth forecast to 6% amid high energy costs

Moody's said India is 'particularly vulnerable' to high oil prices given its heavy reliance on imported crude and LNG

Moody's slashes 2026 India growth forecast to 6% amid high energy costs
Updated On : 12 May 2026 | 11:01 PM IST

India has ample fuel stocks, but OMC losses may hit ₹1 trillion: Puri

At the same time, the minister acknowledged growing fiscal stress from keeping retail fuel prices unchanged

India has ample fuel stocks, but OMC losses may hit ₹1 trillion: Puri
Updated On : 12 May 2026 | 6:04 PM IST

Berger Paints India Q4 FY26 results: Net profit rises 27% to ₹335 crore

The company had logged a profit of ₹262.91 crore in the year-ago period, Berger Paints India said in a regulatory filing

Berger Paints India Q4 FY26 results: Net profit rises 27% to ₹335 crore
Updated On : 12 May 2026 | 5:40 PM IST

India-Oman FTA likely to come into force from June 1, says Piyush Goyal

The free trade agreement (FTA) between India and Oman is expected to come into force from June 1, Commerce and Industry Minister Piyush Goyal said on Tuesday.

India-Oman FTA likely to come into force from June 1, says Piyush Goyal
Updated On : 12 May 2026 | 5:39 PM IST

PSBs' net profit rises 11% to all-time high ₹1.98 lakh cr in FY26: FinMin

Improved asset quality, healthy credit expansion and higher income contributed to improved profitability of PSBs during 2025-26, the ministry said

PSBs' net profit rises 11% to all-time high ₹1.98 lakh cr in FY26: FinMin
Updated On : 12 May 2026 | 5:15 PM IST

Chennai-Abu Dhabi Etihad flight returns due to 'technical issue'

The airline statement came after reports quoting Chennai airport officials said that there was a fire on the left wing of the flight

Chennai-Abu Dhabi Etihad flight returns due to 'technical issue'
Updated On : 12 May 2026 | 4:30 PM IST

Kejriwal questions PM Modi over austerity appeal, cites economy concerns

Kejriwal also said the obvious reason behind the austerity measures suggested by Modi was the ongoing war between America and Iran, but 'there could be some other reason too'

Kejriwal questions PM Modi over austerity appeal, cites economy concerns
Updated On : 12 May 2026 | 2:30 PM IST

Bigger the theft, bigger the reward: Rahul slams Centre on WB appointments

Congress has claimed that the appointments reflected the 'brazen collusion and connivance' between the Election Commission and the BJP

Bigger the theft, bigger the reward: Rahul slams Centre on WB appointments
Updated On : 12 May 2026 | 2:02 PM IST

Large companies must ensure timely working capital release of MSMEs: CEA

V Anantha Nageswaran said large companies should accept invoices presented by micro, small and medium enterprises and make payments on time

Large companies must ensure timely working capital release of MSMEs: CEA
Updated On : 12 May 2026 | 1:16 PM IST

Oil Minister Puri rules out fuel shortage as LPG production raised sharply

Oil Minister said PM Narendra Modi's austerity appeal should be taken as a wake-up call and urged to start thinking of "measures" to lessen fiscal strain from West Asia conflict

Oil Minister Puri rules out fuel shortage as LPG production raised sharply
Updated On : 12 May 2026 | 12:58 PM IST

Centre cancels NEET-UG 2026 amid paper leak allegations; re-test to follow

NTA further said the Government of India has decided to hand over the matter to the CBI for a 'comprehensive inquiry' into the allegations

Centre cancels NEET-UG 2026 amid paper leak allegations; re-test to follow
Updated On : 12 May 2026 | 12:43 PM IST

CBI takes over probe into killing of Suvendu's aide Chandranath Rath

The central probe agency has also re-registered the FIR earlier lodged by the police, they said, adding that a DIG-rank officer is heading the SIT

CBI takes over probe into killing of Suvendu's aide Chandranath Rath
Updated On : 12 May 2026 | 12:27 PM IST

Himanta Biswa Sarma takes oath as Assam CM for second straight term

The swearing-in ceremony marks the formation of the third successive NDA government in the state

Himanta Biswa Sarma takes oath as Assam CM for second straight term
Updated On : 12 May 2026 | 12:10 PM IST

CM Vijay orders closure of 717 retail liquor shops across Tamil Nadu

There has been widespread demand, especially from women and a few political parties in the state, that all the liquor shops in the state should be closed

CM Vijay orders closure of 717 retail liquor shops across Tamil Nadu
Updated On : 12 May 2026 | 11:29 AM IST

Gold imports in focus as PM Modi calls for austerity amid West Asia crisis

India's gold imports rose over 24 per cent to an all-time high of $71.98 billion in 2025-26

Gold imports in focus as PM Modi calls for austerity amid West Asia crisis
Updated On : 12 May 2026 | 11:12 AM IST

Brookfield India REIT Q4 to distribute ₹456 cr to unitholders; NOI up 52%

The distribution to unitholders comprises interest payments on shareholder loans; repayment of SPV debt and NCDs (non-convertible debentures); dividends; and interest on fixed deposits

Brookfield India REIT Q4 to distribute ₹456 cr to unitholders; NOI up 52%
Updated On : 12 May 2026 | 11:04 AM IST

Fractal Analytics Q4 result: Profit doubles to ₹116 cr, revenue rises 17%

The consolidated revenue from operations of Fractal Analytics grew by 17 per cent to ₹886 crore during the reported quarter, from ₹757.5 crore in the March 2025 quarter

Fractal Analytics Q4 result: Profit doubles to ₹116 cr, revenue rises 17%
Updated On : 12 May 2026 | 10:35 AM IST

Shanmugam-led AIADMK faction backs Vijay-led TVK govt in Tamil Nadu

Shanmugam also demanded that Palaniswami should immediately convene the party's general council meeting

Shanmugam-led AIADMK faction backs Vijay-led TVK govt in Tamil Nadu
Updated On : 12 May 2026 | 10:18 AM IST

Rupee falls to record low of 95.63 against US dollar in early trade

At the interbank foreign exchange market, the rupee opened at 95.57 against the US dollar and then fell further to an all-time low of 95.63 against the greenback

Rupee falls to record low of 95.63 against US dollar in early trade
Updated On : 12 May 2026 | 9:54 AM IST

India ready to counter any cross-border misadventure: Navy chief designate

Indian Navy is not a peacetime ceremonial force but an operational navy deployed continuously across the vast and complex maritime theatre, Vice Admiral Krishna Swaminathan stressed

India ready to counter any cross-border misadventure: Navy chief designate
Updated On : 12 May 2026 | 9:21 AM IST