Daily Republic News
- Business
- May 16, 2026
Rupee Depreciation Can Wipe Out Gains From Fuel Price Hike: SBI Research
The rupee has reached a critical level where any further depreciation could wipe out the gains from the recent Rs 3 per litre increase in petrol and diesel prices, according to an SBI Research Ecowrap report.The report warned that “even an additional depreciation of Rs 2 in the R Read More
- Business
- May 16, 2026
S&P Global Cuts 2026 Global Growth Forecast To 2.4% – Check India-Specific Updates
Research and analytics major S&P Global has slashed the global real GDP growth at nearly 2.4% in 2026 as compared to 2.6% in the March outlook, reflecting intensifying headwinds from elevated energy prices, persistent geopolitical tensions,Meanwhile, growth projections for 2027 s Read More
- Business
- May 16, 2026
WPI Inflation To Face Further Upside As Oil And Metal Prices Stay Elevated Amid Geopolitical Tensions
With the US-Iran conflict keeping global crude oil prices elevated and the Strait of Hormuz disruption pushing up metal costs, the economic research wing of Bank of Baroda sees further upside pressure on headline WPI in the coming months. If a peace deal is not reached soon, prol Read More
- Business
- May 16, 2026
Global AI Boom Spurs Looming Strike & Deep Divisions At Samsung
A looming 18-day strike at South Korean chip giant Samsung that has triggered worries within the government, rattled foreign investors and threatened global supply chains rests on one crucial question: who should share in the spoils of the AI boom?More than 45,000 workers are thr Read More
- Business
- May 16, 2026
Tata Trusts May 16 Board Meets Deferred After Venu Srinivasan’s Complaint – Check Order Details
Tata Trusts Board Meet: Maharashtra’s Charity Commissioner Amogh S. Kaloti has ordered Tata Trusts to defer its May 16 board meeting after complaints triggered an inquiry into the trusts’ governance.Tata Trusts holds 66% stake in the holding company of the Tata Group, Tata Sons, Read More
- Business
- May 15, 2026
Rupee Crash Explained: Local Currency Slumps to All-Time Low of 96.14; Should You Be Worried?
The Indian Rupee hit a historic low of 96.14 against the U.S. Dollar on Friday. The drop was triggered by a strong global dollar index at 99.28 and Brent crude oil prices climbing to $109.20 per barrel due to shipping disruptions in the Strait of Hormuz. Whenever a currency hits Read More
- Business
- May 15, 2026
Maharashtra Cuts ATF VAT From 18% to 7% for 6 Months as Global Prices Soar 63%
The Maharashtra government has stepped in with a major fiscal lifeline for India’s bleeding aviation sector. In an emergency notification, the state has slashed the Value Added Tax (VAT) on Aviation Turbine Fuel (ATF) from 18% down to 7%.According to the official order, the tax r Read More
- Business
- May 15, 2026
Why Tata Sons Is Facing Public Listing Pressure
Tata Sons, the holding company of 31 group companies including TCS, Tata Motors and Tata Steel, is facing pressure to go public – a discussion likely to come up at a board meeting on Saturday of two trusts that are major shareholders.Until now, Tata Sons has remained unlisted. Bu Read More
- Business
- May 15, 2026
Rupee Slips To Record Low Of 96.05 Per US Dollar – Check 5 Key Triggers Behind This Decline
Rupee Vs USD: The rupee fell to an all-time low on Friday, May 15, as crude oil prices were hovering around $110 per barrel, posing a fresh set of challenges for India’s external sector, which have started to reflect in economic indicators.The rupee fell 0.3% to 96.05 per US doll Read More
- Business
- May 15, 2026
Petrol, Diesel Rates Hike: How Long Will India’s Oil Price Shock Last?
Amid the ongoing global oil crisis, Dipanwita Mazumdar, Bank of Baroda Economist, revealed that oil prices have risen by 39.7% with high crude oil rates generally lasting for 6-7 months.”Over the past 54 years, we found that on 18 out of 54 occasions, crude prices rose more than Read More
