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The UAE exits OPEC, highlighting Gulf differences over oil strategy, Iran policy and market stability. The UAE’s announcement of leaving OPEC on May 1 is more than a policy shift: It signals the unraveling of the long-weakening Gulf consensus on oil, economic strategy and Iran. The announcement comes on the heels of the Gulf Creators…
Hello and welcome Best BS OpinionOur daily wrap of the opinion pages. The Reserve Bank of India (RBI) draft on board governance of banks suggests that the composition and capacity of bank boards is important. However, it remains to be seen whether banks are able to fill those positions with the right people. Anyway, vacancies…
Portugal has tightened its citizenship rules for foreign investors, extending the time required to obtain a passport as the country faces record levels of immigration. The bill, signed by Antonio José Seguro on May 3, doubles the residence period for most applicants under the Golden Visa program, which allows non-Europeans to obtain residency through investment….
Shares of railway wagon companies rose by up to 13 per cent in intraday trading on BSE today amid heavy trading in an otherwise dull market. In comparison, at 01:56 pm the BSE Sensex was down 0.30 percent at 77,038. Among individual stocks, Titagarh Rail Systems rose 13 per cent to ₹870 intraday on a…
Bengaluru-based realtor Sobha Ltd reported a 125 per cent rise in net profit to Rs 91.83 crore for the quarter ended March 2026, compared to Rs 40.4 crore during the same period last year, while revenue grew 59.8 per cent year-on-year to Rs 2,300 crore. Sobha said in a statement on Monday that its brand…
Japan has re-emerged as a global financial center amid reforms, rising yields. Japan is reasserting itself in global finance, and shedding its long-standing image as a passive anchor of ultra-low rates. Nowadays, it is moving back towards the center of international capital flows. Three strong dynamics are driving this transformation: monetary normalization, continued corporate governance…
The 39 private projects, spread over more than a dozen districts, will develop about 8,000 housing and commercial units. These projects will be located in major cities including Lucknow, Varanasi, Agra, Noida, Prayagraj, Mathura, Moradabad, Badaun, Meerut, Muzaffarnagar, Bareilly and Jhansi. The region has seen strong growth in recent years, driven by major infrastructure projects…
Over the three Lok Sabha terms between 2009 and 2024, 1,123 representatives from the Lok Sabha, Rajya Sabha and state assemblies switched parties. While 318 members defected during the 15th Lok Sabha, the number increased to 434 in the 16th, but came down to 371 in the 17th Lok Sabha. Defection is much more common…
The combined market valuation of four of the top 10 most valued companies surged by Rs 2.20 lakh crore in the holiday period last week, with Reliance Industries the biggest gainer. Last week, BSE benchmark Sensex rose 249.29 points or 0.32 per cent. “Markets ended the week with modest gains, reflecting a volatile and limited…
The 46th match of the Indian Premier League 2026 season promises to be a high-stakes clash as Gujarat Titans (GT) take on Punjab Kings at the Narendra Modi Stadium today. GT captain Shubman Gill won the toss in the match and invited Shreyas Iyer-led PBKS to bat first. IPL 2026 GT vs PBKS…
