Daily Republic News
- Business
- May 13, 2026
Rupee Hits Record Low of 95.80 Against USD Amid Rising Crude Oil Prices and Geopolitical Tensions in West Asia
The Indian rupee faced a turbulent session on Wednesday, plunging to a fresh intra-day record low of 95.80 against the US dollar. The domestic currency eventually settled at 95.66, remaining precariously close to its all-time closing low. This decline comes as the market grapples Read More
- Business
- May 13, 2026
After Amul, Mother Dairy Increases Milk Price By ₹2 per Litre from May 14
New Delhi: After Amul, Mother Dairy Increases Milk Price By ₹2 per Litre from May 14. The new milk prices will come into effect across Delhi-NCR, Uttar Pradesh, Haryana and Uttarakhand markets. A spokesperson for Mother Dairy said,“Mother Dairy will revise the consumer prices of Read More
- Business
- May 13, 2026
Amul Hikes Milk Prices by ₹2 Per Litre Across India From May 14
New Delhi: Amul, a prominent dairy firm, has announced a ₹2 per litre increase in milk pricing for different variations, effective May 14. The hike will affect popular items such as Amul Standard Milk, Gold, Taaza, Cow Milk, Buffalo Milk, Slim & Trim, and T-Special. However, the Read More
- Business
- May 13, 2026
India’s HPL Turns To Oman Naphtha As Iran War Disrupts Supplies
India’s Haldia Petrochemicals (HPL) has turned to Oman to make up for a shortfall in naphtha supplies from Kuwait and Qatar linked to the Middle East conflict, according to shipping data and an industry source.Loading ports of Oman fall right outside the conflict zone and loading Read More
- Business
- May 13, 2026
SEBI Defers New Intraday Borrowing Guidelines For Mutual Funds To July 15
The Securities Exchange Board of India (SEBI) on Wednesday, May 13, proposed to allow mutual funds to use intra-day borrowings for purposes beyond investor redemptions, and payouts, while also deferring the implementation of guidelines on such borrowings to July 15.The market reg Read More
- Business
- May 13, 2026
Banks Not Liable For Offshore Fund Taxes In India According To SEBI Sources In New Clarification
Indian banks and brokers will not be liable for taxes owed by local representatives of offshore funds, the markets regulator clarified on Wednesday, two sources with direct knowledge of the matter said, lifting a hurdle that had delayed fund launches.Last month, India’s federal t Read More
- Business
- May 13, 2026
Cabinet Approves Rs 37,500 Crore Coal Gasification Scheme To Cut Import Dependence
The Union Cabinet on Wednesday approved a Rs 37,500 crore scheme to promote surface coal and lignite gasification projects, aiming to gasify around 75 million tonnes of coal and attract investments of up to Rs 3 lakh crore, Union Minister Ashwini Vaishnaw said during a Cabinet br Read More
- Business
- May 13, 2026
Berger Paints Hits 3-Month High: 3 Key Takeaways From Q4 Results
Berger Paints Stock Price: The shares of Berger Paints surged over 9% to hit a three-month high of Rs 533.35 apiece on Wednesday, May 13 after the company reported a 27.52% jump in Q4 FY26 net profit.In the quarter ended March, the Kolkata-headquartered company reported a net pro Read More
- Business
- May 13, 2026
Air India Suspends Several International Routes; Chicago and Shanghai Flights Hit
Air India is shrinking its global schedule to survive a “tough operating environment.” The airline confirmed that record-high jet fuel prices and closed airspaces have made many long-distance flights too expensive to fly.By cleaning up its summer 2026 schedule now, the airline wa Read More
- Business
- May 13, 2026
From Senco To Kalyan: Why These Gold Stocks Plummeted Upto 6% On May 13
After the centre raised import duties on gold, and silver to 15% from 6%, the shares several jewellery stocks came under pressure, declining upto 6%.The import duty hike on gold is aimed at reducing imports, strengthen the rupee, and maintain forex reserves.On this move, Axis Sec Read More
