Business
Strong domestic travel since West Asia war: Marriott
After slipping in March, business has returned to normalcy. “Right as the conflict started, we saw a lot of cancellations. In March, the first full month, we were projecting double-digit revenue per available room (Revpar) growth in India. That turned negative. Then we saw people pivoting. Travel didn’t stop and plans got shifted. In April,
Business
No further excise on E22, higher grades ethanol/petrol
The Central Board of Indirect Taxes and Customs (CBIC) issued notifications on Wednesday, exempting ethanol blended petrol (EBP) grades E22, E25, E27 and E30, containing 22% to 30% ethanol, from applicable central excise duties, subject to excise duty having already been paid on petrol and GST having been paid on the ethanol used for blending.
Business
FMCG companies raise prices by 4-11% after fuel price hike
Leading consumer goods companies, including HUL, Colgate-Palmolive, Emami, Dabur and Marico, are increasing prices, as higher crude prices, freight and commodity inflation triggered, amid the West Asia conflict, pushed up input costs. For instance, Hindustan Unilever has hiked prices of Dove and Pears soaps by 4–5% and of Rin and Wheel detergents by 5–11%. Colgate-Palmolive
Business
Credit surges 17.7% as deposit slowdown widens funding gap
Credit growth stood at 17.7% for the fortnight ending May 31, 2026, the highest recorded so far in the current financial year and the strongest year-on-year expansion since June 2024. Outstanding bank credit rose by Rs 1.5 lakh crore since March 31, 2026, marking a 0.7% increase (year-to-date), with total credit touching Rs 215.2 lakh
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‘Rohit Sharma and Virat Kohli can … ‘: Anil Kumble’s message to Shubman Gill
Anil Kumble believes Rohit Sharma and Virat Kohli’s experience will be vital for India’s 2027 ODI World Cup campaign, offering crucial support to captain Shubman Gill. Kumble praised Gill’s IPL leadership and highlighted how the veterans can guide him through high-pressure situations, easing his burden.
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Biggest-ever IPO: Retail investors line up, bid over $70 billion for SpaceX
Retail investors are expected to be allocated at least 20% of the available shares, the people said. At a $75 billion IPO size, which would be the largest on record, that allocation would leave the bulk of demand from individual investors unfulfilled. Leaving large numbers of Elon Musk’s fans empty-handed in the IPO would likely
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After record-breaking IPL season, Sooryavanshi told to focus on the next 2-3 years
Veteran umpire Virender Sharma sees immense potential in young batting sensation Vaibhav Sooryavanshi, highlighting his natural talent and strength. Sharma believes Sooryavanshi’s consistent IPL performances, including a record-breaking 776 runs in IPL 2026, are strong indicators of future international success, predicting he will achieve wonders for India.
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‘He is so famous’: Buttler explains why Sooryavanshi’s hype is bigger than Sachin’s
Fifteen-year-old batting prodigy Vaibhav Sooryavanshi is set to make his India debut against Ireland and will also tour England. His remarkable IPL 2026 performance has generated significant buzz, with former England captain Jos Buttler comparing the modern-day exposure to Sachin Tendulkar’s rise. Sooryavanshi’s inclusion is a deserved reward for his exceptional batting numbers.