Savings Effect

Commercial vehicle drivers in Delhi-NCR have announced a three-day strike from May 21 to 23, demanding an immediate revision of taxi and auto fares amid rising fuel prices and alleged economic exploitation by app-based cab aggregators. According to a letter submitted by the "Chalak Shakti Union" to the Delhi Lieutenant Governor, Chief Minister, Transport Minister, and Police Commissioner, the strike has been called in support of a nationwide protest announced by the All India Motor Transport Congress.

India’s digital payments ecosystem is now overwhelmingly powered by tiny, everyday transactions, with UPI accounting for a massive 85.5% of all payment volumes in the second half of 2025, according to the Reserve Bank of India’s latest Payments System Report. In sharp contrast, the Real Time Gross Settlement (RTGS) system processed just 0.1% of transaction volumes but accounted for a massive 68.6% of total payment value.

Launching a fierce attack on the central government's fiscal policies, Leader of the Opposition in the Lok Sabha, Rahul Gandhi, warned that India is on the brink of an unprecedented "economic storm." "For several days now, I have been saying that the economic structure Modi ji has altered, and an economic storm is coming now. The structure he has erected in favour of Adani and Ambani will not endure; it is destined to collapse completely. The tragedy is that the common people will bear the brunt. They will continue to sit in their palaces, but the youth of UP and the people of UP will be the ones to suffer the full impact of this shock", Gandhi said.

Despite tough times in the IT sector, TCS has doled out salary hikes of 6-8% on an average to its employees in India, according to people familiar with the matter. High performers — employees in the top-rated A+ category — have received hikes of more than 10 per cent, the sources added.

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Nearly 30% of India’s crude oil imports pass through the strategic waterway, making any disruption a serious threat to fuel prices, inflation and the broader economy. This report explains how India’s Strategic Petroleum Reserves work, where the country stores emergency crude oil stockpiles, how many days of reserves India currently has, and why the Hormuz crisis could become one of India’s biggest energy security challenges in years.

Norwegian journalist Helle Lyng Svendsen questioned PM Modi about press freedom during a joint appearance in Oslo. The Indian embassy invited her to a press briefing where she could ask questions. Her social media following surged from under 800 to over 17,000.

NATO MAY SEND FORCES TO HORMUZ IF STRAIT REMAINS CLOSED BY JULY.

AUTOMOTIVE AXLES: RECOMMENDS FINAL DIVIDEND OF 32 RUPEES PER SHARE

MANKIND PHARMA: CO APPROVED ADDITIONAL INVESTMENT OF UP TO 5 B RUPEES IN MANKIND MEDICARE , IN ONE OR MORE TRANCHES

SPARC: CO PARTNER OCUVEX THERAPEUTICS RECEIVES US FDA COMPLETE RESPONSE LETTER FOR PDP-716 NDA DUE TO MANUFACTURING FACILITY INSPECTION FINDINGS

MAHARASHTRA GOVT SIGNS ₹4.5 LAKH CR NUCLEAR PACTS WITH ADANI, RELIANCE, NTPC