Tata group jeweller Titan saw its shares drop nearly 6 percent after PM Modi publicly called on citizens to reduce gold purchases to support foreign exchange reserves.
Month: May 2026
IndiGo Shares Fall 2.8% as High Fuel Costs and PM’s Travel Advisory Weigh on Airline Stocks
Shares in IndiGo fell nearly 3 percent after PM Modi’s appeal to reduce overseas travel and rising fuel costs raised concerns about international route expansion plans.
Supreme Court to List Over 7300 Cases During Partial Court Working Days in 2026 Summer Vacation
India’s Supreme Court notified that it will hear more than 7300 cases including fresh bail applications during its 2026 Partial Court Working Days vacation period.
32.7 Million Indians Traveled Abroad in 2025; Government Eyes Reduction in 2026
Around 32.7 million Indians travelled internationally in 2025 including over 14 million leisure travellers as the government now urges a reduction to save forex reserves.
India in Touch with Yemen Officials over Indian Nurse Nimisha Priya Case
India’s Ministry of External Affairs confirmed it is in contact with Yemeni officials and friendly governments to assist Indian nurse Nimisha Priya detained in Yemen.
India Spending Nearly $72 Billion Annually on Gold Imports Amid Call to Reduce Purchases
India the world’s second-largest gold buyer spends close to $72 billion on annual gold imports as PM Modi urges citizens to pause purchases to conserve foreign exchange.
Adda247 Preparing for IPO in Next 12 to 18 Months After Rs 67 Million Fundraise
EdTech platform Adda247 is gearing up for a public listing within the next one to two years following approximately $67 million in total fundraising.
India’s Semiconductor Startup Develops AI-Native Processors for EVs and Appliances
An emerging Indian semiconductor company is building AI-native edge processors for electric vehicles appliances and industrial systems to process data locally.
Amazon and Flipkart Expand Dark-Store Networks Beyond Indian Metro Cities
E-commerce giants Amazon and Flipkart are rolling out dark store quick commerce infrastructure into Tier 2 cities as they face saturation and competition pressure in metros.
India Spent $174.9 Billion on Crude and Petroleum in FY2026 Highlighting Oil Import Dependency
Government data shows India spent 22 percent of its total imports on crude and petroleum products in the financial year ended March 2026.