Daily Republic News
- Business
- May 11, 2026
Tata Consumer Products Shares Rally Over 6% After Q4 Profit Jumps 21.5% YoY
The share price of Tata Consumer Products rose as much as 6.58% to hit an intra-day high of Rs 1,253.60 apiece on Monday, May 11, after it posted 21.5% year-on-year (YoY) surge in its Q4 consolidated net profit to Rs 419.1 crore.The world’s second largest producer of tea saw its Read More
- Business
- May 11, 2026
Titan, Kalyan Jewellers Fall 4% After PM Modi Calls for Lower Gold Consumption to Save Forex
The sentiment on Dalal Street shifted following the Prime Minister’s speech, where he encouraged a temporary shift away from gold to protect India’s foreign exchange reserves. While no formal ban was issued, the high-profile appeal acted as a massive psychological trigger for the Read More
- Business
- May 11, 2026
Aviation Bloodbath: IndiGo Tumbles 4.4% as Oil Spikes Amid West Asia Conflict and Travel Curbs
The primary headwind for the budget carrier is the volatile energy market. Brent crude jumped 2.1% in early Asian trade today. For airlines like IndiGo, fuel accounts for nearly 40% of total operating expenses.Investors fear that if the West Asia conflict persists, oil marketing Read More
- Business
- May 11, 2026
Mukesh Ambani’s Jio Platforms IPO Pivots To Pure Fundraising – Here’s Why
Mukesh Ambani’s Reliance Jio Platforms has pivoted to a pure fundraising for its planned Mumbai listing, selling a 2.5% stake in the offering and dropping earlier plans that would have allowed some shareholders to exit, two sources said.Billionaire Ambani’s Jio Platforms, which Read More
- Business
- May 11, 2026
Why This Quick Commerce Stock Fell 7% After Q4 Results Update
Swiggy Share Price: The share price of quick commerce major Swiggy declined as much as 6.88% on Monday, May 11, after its Q4 net loss narrowed to Rs 800 crore from Rs 1,081 crore in the corresponding period last year.The Mumbai headquartered company had posted a revenue for the q Read More
- Business
- May 11, 2026
Sensex Tumbles 1,100 Points, Nifty Slides to 23,870: Geopolitical Tensions, Crude Spike Rattle Dalal Street
Domestic sentiment soured as the BSE Sensex opened at 77,328.19 before diving to a low of 76,235.29 by 10:30 IST. The Nifty 50 followed suit, breaching the psychological support of 24,000 to hit an intraday low of 23,845.30. Analysts point to the 2.1% jump in Brent crude prices, Read More
- Business
- May 11, 2026
Oil Jumps $3/Barrel As Trump-Iran Peace Talks Collapses, Strait of Hormuz Crisis Deepens
Oil prices jumped $3 a barrel on Monday as the United States and Iran failed to agree to a peace proposal drafted by Washington while the Strait of Hormuz remained largely closed, keeping global energy supplies tight.Brent crude futures climbed $3.18 or 3.14% to $104.47 a barrel Read More
- Business
- May 9, 2026
PM Modi to Inaugurate Operational KMTP Tomorrow, Nearly Eight Years After 2017 Launch
New Delhi: Prime Minister Narendra Modi is set to visit Telangana tomorrow to inaugurate multiple development projects, including the Kakatiya Mega Textile Park (KMTP) in Warangal. The textile park, however, is not a new project and was originally inaugurated in October 2017 unde Read More
- Business
- May 9, 2026
RBI To Discontinue ₹500 Notes? PIB Fact Check Debunks Viral Instagram Reel Claims as Fake
The Indian government has moved swiftly to debunk viral social media rumors claiming the Reserve Bank of India (RBI) will discontinue ₹500 currency notes.A viral reel posted by the Instagram handle ‘insightswithnicky’ claimed that the ₹500 denomination would soon be pulled from c Read More
- Business
- May 9, 2026
India Remains Key EM Destination as Mid-Caps Outperform Nifty Despite $21 Billion FII Sell-off: Report
India remains a critical destination for emerging market investors, even as it faces a “reverse AI trade” that has impacted its MSCI Emerging Markets Index weightage to 12 per cent, according to a Jefferies Greed & Fear report.”If India has been out of favour as the reverse AI tr Read More
