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Oil prices rise as investors weigh prospects of peace deal in West Asia war

Both benchmarks slumped more than 7 per cent on Wednesday, hitting two-week lows on optimism over a possible end to the West Asia war

Asian stocks hit record high, dollar wobbles on US-Iran peace deal hopes

Japan's Nikkei returned from a long holiday to cross 62,000 for the first ​time, catching up on a blistering AI-led rally after robust earnings that has also catapulted South Korean and Taiwan stocks

Pronto raises $20 million in Series B round as valuation doubles from March

The company will use much of the fresh capital to scale its workforce, CEO Anjali Sardana said, adding the platform is very supply-constrained

Bajaj Auto quarterly profit beats view on strong domestic, overseas demand

Securities and Exchange Board of India clears key leadership appointments at National Stock Exchange to strengthen governance and oversight at market infrastructure institutions

HDFC Bank governance review finds no lapses after chairman exit: Sources

India's largest private lender by assets called ​in Mumbai-based Trilegal and Wadia Ghandy & Co after Atanu Chakraborty resigned as chairman in March citing "incongruence" between his personal values

Reliance's $20M offer sparks FIFA's concern over 2026 WC media rights value

There has also been no deal announcement for China, which FIFA says accounted for 49.8% of all hours of viewing on digital and social platforms globally during the 2022 World Cup

India targets $25 billion trade with Vietnam by 2030, says PM Modi

Trade between India and Vietnam crossed $16 ‌billion in the ​Indian fiscal ​year that ended in March 2026

India's offshore tech hubs hit $98.4 bn revenue in FY26, says report

The growth comes as higher US visa costs, inflation linked to global conflicts, and AI-led disruption are prompting multinationals to shift more strategic and AI work to India's GCCs

Will only accept 'fair and comprehensive agreement' with US, says Iran

Iranian Foreign Minister did not directly address Trump's offer of a pause in the US operation to escort ships via Hormuz, offered earlier as an incentive to help reach an agreement between two sides

SP Group unit receives debt downgrade ahead of $3 billion refinancing

The ‌real estate and civil engineering firm's non-convertible debentures were downgraded to B+, from BB-, CareEdge said on Wednesday

Jeff Bezos shakes up Blue Origin staff incentives ahead of SpaceX IPO

Bezos's efforts to make staff incentives more competitive come on the back of an intensifying rivalry between Blue Origin and Elon Musk's SpaceX

China services activity grows at faster rate in April, shows private PMI

The RatingDog China General Services purchasing managers' index, compiled by S&P Global, rose to 52.6 in April from 52.1 in March, staying above the 50-mark that separates expansion from contraction

PNB hikes cyber spend as AI models like Anthropic Mythos raise risks

The country's ‌third largest state-run lender by market capitalisation has earmarked about 20 per cent of its technology budget for cybersecurity, or roughly ₹700 crore to ₹800 crore

Asian markets hit records on AI euphoria, US-Iran peace deal hopes

MSCI's broadest index of Asia-Pacific shares outside Japan jumped 2.3 per cent to a fresh record, led by a 5.1 per cent surge in South Korea's Kospi

Zee sues Nykaa over alleged use of copyright songs on Instagram reels

Zee Entertainment said Nykaa had used several of its copyrighted songs in reels to promote products to millions of followers

Oil prices fall over $2 after Trump pauses Strait opening for possible deal

Trump said on Tuesday while the operation to reopen the Strait of ‌Hormuz will be paused, the blockade will remain in force

L&T Q4 FY26 results: Net profit dips 3.1% to ₹5,326 crore, new CFO named

The company also named P Ramakrishnan ‌as it next chief financial officer

Reliance submits documents to CBI in bribery probe, executive gets bail

CBI arrested a Reliance senior V-P Bharat Mathur, and an official from the country's aviation regulator last month, accusing them of agreeing to a $16k bribe to clear drone import applications

Biocon founder Kiran Mazumdar-Shaw picks niece Claire as successor

She plans a gradual leadership transition over the next five years, with her niece Claire Mazumdar expected to assume the chair in a phased manner

India's auto dealers brace for Iran war impact on supply chain, fuel costs

While the impact is not broad-based, the repercussions could last for a few months even if the conflict ends, Sai Giridhar, vice-president of Fada said