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India is finalizing a new policy to boost urea production using coal gasification, aiming to slash reliance on imported natural gas and enhance self-sufficiency in fertilizer. This strategic move, expected within a month, leverages domestic coal reserves to secure vital agricultural inputs and conserve foreign exchange. The initiative aligns with broader government efforts to diversify feedstock for fertilizer manufacturing.
Indian markets remained steady near record highs despite rising oil prices due to Iran tensions. Strong corporate earnings, particularly from Dollar Tree and Kohl's, bolstered investor confidence. While some companies faced headwinds from higher fuel costs, others like Snowflake saw significant gains driven by AI growth. Inflation data showed a slight acceleration, impacting Treasury yields.
Reliance bets big on AI to reshape content, streaming and viewer engagementCentre plans coal gasification-based urea policy to cut gas import dependenceLet rupee depreciate, use liquidity tools before rate hikes to tackle inflation: Former RBI governorLabour codes and nomination processes: What employees need to know about securing their benefitsLIC reviews Rs 60,000 crore real estate portfolio, may explore separate subsidiary
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US stock markets today (May 28, 2026): Wall Street stays near record highs despite fresh jump in oil pricesUS GDP growth revised down to 1.6% in first quarter as consumer spending slowsUS key inflation rises to 3-year high as fuel, food costs squeeze householdsEven if California billionaires left, experts say wealth tax gains could outweigh losses for 25 yearsWhat summer travel season reveals about US’ widening divide between haves and have-nots
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Explainer: What is 'Hindu rate of growth' and why Raghuram Rajan's remarks may be 'premature'Find less costly ways to address pension concerns instead of OPS, says Raghuram RajanForex kitty falls $325 million to $560.94 billionGovt fixes wheat procurement target at 34.15 million tones for 2023-24India lends support to Ajay Banga's nomination for World Bank President post
Crypto isn’t dead, it’s evolving rapidly to create a new worldUS tightens crackdown on crypto with lawsuits against Coinbase, BinanceBitcoin drops about 4%, slips below $30,000 amid crypto selloffCoinbase CEO: Crypto firms will develop 'offshore' without clear regulationsCryptoverse: Bitcoin miners escape the bear trap
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Return on capital very low, expects tariff hike by mid of 2023: Bharti Airtel chairmanParliamentary panel pulls up DoT on internet shutdowns; asks to keep record, assess its impactGovt gets 33.44% stake in Vodafone Idea post equity allocationReliance Jio launches 5G services in 50 more cities; total number hits 184No plans for entry into telecom sector: Adani group
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DGCA renews Jet Airways' air operator certificate, says Jalan Kalrock ConsortiumMerger fast-tracked: AirAsia India flights to operate with Air India Express brandingIndian aviation market has huge potential waiting to be tapped: Top industry expertsLounge excess to crunch: International flyers feel the pinch at Delhi Airport's T3Vietjet to launch Kochi-Ho Chi Minh City flight in August
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