Daily Republic News
- Business
- May 8, 2026
Global Markets Stumble: Oil Surges to $101 Following US-Iran Escalation While AI Stocks Face Reality Check
Oil prices were higher on Friday and stocks a little bit lower as the U.S. and Iran exchanged fire in the Middle East, though many markets in Asia were still heading for stellar weekly gains as AI demand has swept up chipmakers.Benchmark Brent crude futures were up 1.3% at $101.6 Read More
- Business
- May 8, 2026
TCS To Tata Motors: How Tata Group Stocks Are Reacting To Tata Trusts Leadership Row?
The shares of Tata Group companies are largely trading in red ahead of the Tata Trusts meet, which was originally slated for today, but got postponed to May 16.On Friday, TCS shares declined over 1% to hit an intra-day low of Rs 2,376.10 apiece, while Tata Motors Passenger Vehicl Read More
- Business
- May 8, 2026
Paytm Shares Surge as Goldman Sachs and Citi Maintain Bullish Outlook After Strong FY26 Turnaround
Shares of Paytm traded with a firm “green” bias on Friday, rising 1.69% to reach an intraday high of ₹1,219.10. The stock’s upward move follows a massive turnaround in its financial health.The digital payments major reported a consolidated net profit of ₹552 crore for the full fi Read More
- Business
- May 8, 2026
Is Your Tea Break Getting Costlier? Britannia Shares Slump as FMCG Giant Signals Hikes Amid Q4 Results
Shares of Britannia Industries Limited (INE216A01030) faced a steep sell-off on Friday, sliding 4.20% to ₹5,570.00. The market’s “sweet tooth” for the FMCG major soured after the company signaled that biscuit prices may soon go up.The stock opened with a gap down at ₹5,634.00, fa Read More
- Business
- May 8, 2026
Legal Row & Board Rift: Why Tata Trusts Board Meet Was Postponed To May 16
Tata Trusts Board Meet: The most crucial board meeting of two Tata Trusts, the Sir Dorabji Tata Trust (SDTT) and the Sir Ratan Tata Trust (SRTT), which together hold a controlling stake in Tata Sons, have been postponed to May 16 amid legal hurdles.The meeting was originally slat Read More
- Business
- May 8, 2026
Stock Market Opening Bell: Sensex Fell 0.51%, Nifty 50 Plummeted 0.49% – Here’s Why
Stock Market Opening Bell: The Indian stock market benchmark indices, Sensex and Nifty 50, witnessed a gap down opening on Friday, May 8, tracking weak global cues amid concerns over escalating US-Iran war tensions.While Nifty 50 declined 0.49% to 24207.00 level, Sensex fell 0.51 Read More
- Business
- May 8, 2026
US Trade Court Rules Trump Tariffs Illegal, But Issues Narrow Block
A U.S. trade court dealt another blow to President Donald Trump’s tariff strategy, ruling that his latest 10% temporary global duties are unjustified under a 1970s trade law, but blocked the levies only for two private importers and the State of Washington. The U.S. Court of Inte Read More
- Business
- May 7, 2026
Brokerages Back Paytm’s Scalable Business Model, Retain Bullish Outlook
Global brokerages, including Bernstein, Goldman Sachs, Citi and Jefferies, have retained bullish ratings on One 97 Communications, the parent company that operates Paytm, after the fintech’s March quarter results came in ahead of street estimates with brokerages flagging a beat o Read More
- Business
- May 7, 2026
Tired of Mumbai Parking Woes? BMC’s New Plan Is The Ultimate Time-Saver
If you frequently choose to ride your bike in Mumbai and are usually faced with parking trouble, Brihanmumbai Municipal Corporation’s (BMC’s) smart parking project is just what you need to know more about.The civic-body governing BMC is about to appoint a consultant for their par Read More
- Business
- May 7, 2026
Tata Trusts Row: Bombay High Court Refuses Urgent Hearing to Block Crucial May 8 Board Meeting
The Bombay High Court on Thursday declined to grant an urgent hearing to a petition seeking a stay on the highly anticipated board meetings of the Tata Trusts scheduled for May 8. The court’s decision clears the way for the Trusts to deliberate on critical governance issues, incl Read More
