Daily Republic News
- Business
- May 13, 2026
Vodafone Idea Shares Surges 8% After Board Set To Consider Fundraising Post AGR Relief
Vodafone Idea Share Price: The share price of telecom major Vodafone Idea surged as much as 8% to hit a fresh 52-week high of ₹12.84 per share on Wednesday, May 13, after the company announced that its board would meet to consider a fundraising proposal alongside its Q4FY26 resul Read More
- Business
- May 13, 2026
RBI to Hold Repo Rate Until Inflation Hits 6%; Crude Over $100 Remains Key Risk: Report
India’s FY27E CPI inflation is expected to average between 4.8 per cent and 4.9 per cent, according to a report by Elara Capital, suggesting that the Reserve Bank of India (RBI) will likely maintain its current interest rate pause. As per the report, any transition toward a rate Read More
- Business
- May 13, 2026
Global Oil Crisis: Brent Hits $106.50 as US-Iran Tensions Shutter Hormuz; Fuel Hike Looms in India
Global energy markets are witnessing a shift as Brent crude prices slipped to $106.64 per barrel on Wednesday. The primary driver behind today’s price softening is a decisive move by the OPEC+ alliance. Major producers, including Saudi Arabia and Russia, met virtually to review m Read More
- Business
- May 13, 2026
West Asia Crisis Yet To Impact Inflation, But Fuel Prices Pass-Through to Shape Outlook: SBI Report
The ongoing tensions in West Asia have not yet significantly impacted India’s retail inflation, but the future trajectory of inflation will depend on fuel price pass-through and progress in summer crop coverage, according to a report by the State Bank of India.According to the re Read More
- Business
- May 13, 2026
‘We Will Deliver For India’ Says Vedanta’s Anil Agarwal After PM Modi’s Save Forex Call
After PM Narendra Modi urged citizens to switch to public transport, and reduce fuel usage, Vedant Group’s Founder Anil Agarwal said his conglomerate will deliver for India.In a recent X post, the mining billionaire said, “I fully empathise with Prime Minister @narendramodi’s app Read More
- Business
- May 13, 2026
Market Volatility: Sensex and Nifty Stagnant; Banking Drags as Titan Leads Sectoral Sell-off
The NSE Nifty 50 opened at 23,362.45 and hit an intraday high of 23,503.80 before settling near 23,399.45. Despite the marginal 0.09% gain, the advance-decline ratio favored bears, with nearly 2,711 stocks declining against 584 advances on the broader exchange.The BSE Sensex rema Read More
- Business
- May 13, 2026
India Raises Gold & Silver Import Duty to 15% to Protect Forex Amid West Asia Crisis: FinMin Sources
The Indian government has sharply hiked customs duties on precious metals like gold, platinum and silver, citing the need to conserve foreign exchange and protect the economy from growing global pressures stemming from the ongoing West Asia crisis.Import duty on gold and silver h Read More
- Business
- May 12, 2026
India Absorbs Global Oil Shock As Hormuz Crisis Tests Energy Security Framework
New Delhi: The closure of the Strait of Hormuz earlier this year has triggered one of the most severe global energy disruptions in recent decades, sharply exposing the vulnerabilities of oil-importing economies, including India. Yet, despite soaring crude prices and widespread fu Read More
- Business
- May 12, 2026
India’s Retail Inflation Accelerates to 3.48% in April as Food and Energy Costs Climb
India’s annual retail inflation, based on the Consumer Price Index (CPI), accelerated to 3.48% in April 2026. This is the highest reading since December, driven primarily by a surge in food prices and volatile energy markets. While the headline figure remains below the RBI’s 4% t Read More
- Business
- May 12, 2026
Rs 10,00,000 Crore Investor Wealth Wiped Out; Sensex Suffocates Under 1,500-Point Sell-Off
It was a “Black Tuesday” for Indian investors as a wave of panic selling swept across Dalal Street. In a single session, over Rs 10,00,000 crore of investor wealth was wiped out as the benchmark Sensex crashed by more than 1,500 points.The bloodbath was triggered by worsening geo Read More
