Daily Republic News
- Business
- May 5, 2026
US Customs Adjusts Timeline for $166 Billion in Electronic Refunds for Illegal Trump-Era Tariffs
The U.S. Customs and Border Protection (CBP) agency said on Monday it now estimates the first electronic refunds from U.S. President Donald Trump’s tariffs deemed illegal by the Supreme Court will start as soon as May 12, a day later than an earlier estimate.* The estimated start Read More
- Business
- May 5, 2026
Cash Demand in India Hits Record Highs as Rural Spending and Inflation Strain Bank Liquidity
Currency in circulation in India surged by over 610 billion rupees ($6.40 billion) in the first 15 days of April, pushing the total to a record 42.3 trillion rupees, and a sustained pattern could impact liquidity, economists said.The spike, up 11.8% on-year and the highest since Read More
- Business
- May 5, 2026
Oil Eases On Signs US Is Loosening Iranian Closure Of Strait of Hormuz
Oil prices declined more than 1% on Tuesday after climbing by as much as 6% in the previous session on signs the U.S. Navy is loosening Iran’s grip on the Strait of Hormuz, potentially opening up supply from the Middle East.The U.S. on Monday launched a new operation aimed at reo Read More
- Business
- May 5, 2026
Tata Tech Shares Surged Over 9% After Posting Solid Q4 Results
Tata Tech Share Price: The shares of Tata Technologies surged over 9% to hit an intra-day high of Rs 649 apiece on Tuesday’s trading session after the company posted an 8.1% increase in Q4 net profit as compared to Rs 189 crore the corresponding period last year. The Tata Motors Read More
- Business
- May 5, 2026
Stock Market Opening Bell: Sensex Plummeted 0.21%, Nifty 50 Declined 0.28%
Stock Market Opening Bell: The benchmark Indian stock market indices opened in red on Tuesday, May 5, following weakness in global markets as uncertainty in the US-Iran war escalated. While Sensex declined to 0.21% to 77108.38 level, Nifty 50 fell 0.28% to 240552.60 level. The t Read More
- Business
- May 5, 2026
Stock Market Today: How Will Nifty 50, Sensex Trade On May 5?
Stock Market Today: The benchmark Indian stock market indices are expected to open gap down on Tuesday, May 5, after weakness in global markets, as uncertainty in the US-Iran war has escalated. The trends on Gift Nifty are also signalling that Sensex and Nifty 50 will open in red Read More
- Business
- May 2, 2026
Rohit Jain Appointed RBI Deputy Governor for Three-Year Term
New Delhi: The Appointments Committee of the Cabinet (ACC) has approved the appointment of Rohit Jain as Deputy Governor of the Reserve Bank of India (RBI) for a period of three years.”The Appointments Committee of the Cabinet has approved the appointment of Rohit Jain, Executive Read More
- Business
- May 2, 2026
Hyderabad Court Restrains Unverified Telecasts Against Euro Exim Bank in ₹100-Crore Defamation Suit
Hyderabad: In a significant order, the Hyderabad City Civil Court has pulled up unverified allegations aired against Euro Exim Bank, observing that the respondents failed to produce any documentary evidence or credible material to support serious claims of “fraudulent” guarantees Read More
- Business
- May 2, 2026
Pakistan’s Oil Import Bill Surges From $300 Million To $800 Million – Here’s What You Need To Know
Pakistan Oil Shock: In the backdrop of surging crude oil prices, and global supply chain disruption, Pakistan is reeling under an energy shock as the South Asian country’s oil import bill skyrocketed to $800 million from $300 million.The jump in its import bill comes after the re Read More
- Business
- May 2, 2026
Air India To Slash 100 Daily Flights Until July As Jet Fuel Costs Skyrocket
After having voiced its concern linked to surge in ATF or jet fuel prices, India’s flag carrier airlines Air India has slashed its international flights schedule as the West Asia crisis and airspace restrictions makes longer routes a loss-making prospect, as per Air India’s Chief Read More
