business
15 May 2026
Gautam Adani's $6M SEC Settlement: DOJ Drops Fraud Charges
SEC settled its fraud case against Gautam Adani for $6 million. The DOJ is dropping criminal charges over $265M in alleged bribes. The math is wild.
SEC settled its fraud case against Gautam Adani for $6 million. The DOJ is dropping criminal charges over $265M in alleged bribes. The math is wild.
Over 100 dead as thundersqualls tear through Uttar Pradesh. India loses ~2,825 to lightning yearly. The compensation playbook hasn't changed in a decade.
BRICS foreign ministers meet in New Delhi as India hosts Araghchi and Lavrov. The subtext is the Iran war — and an expiring US oil sanctions waiver.
India raised gold import duty from 6% to 15% on May 13. Gold surged ₹9,206 per 10 grams the same day. The rupee still hit a record low of 95.80.
NEET UG 2026 cancelled after a paper leak — 120 WhatsApp guess-paper questions matched the real exam. 22.8 lakh students face a CBI-probed re-exam by NTA.
Himanta Biswa Sarma took oath as Assam CM for a second term in Guwahati with a 4-minister cabinet. BJP won 82 seats. US envoy Sergio Gor attended.
OpenAI's DeployCo launched at $4B, targeting India's IT services giants. Nifty IT crashed 3.6% to a three-year low — TCS, Infosys, HCLTech fell 3-5%.
DC chased 211 to beat PBKS by 3 wickets at Dharamsala — Punjab's fourth straight loss in IPL 2026. Axar Patel 56, David Miller 51, an over to spare.
Modi asked Indians to skip gold, work from home, cut fuel. The rupee hit 95.17 anyway. Reserves are down $38B in 10 weeks. The math doesn't close.
Aramco says 1 billion barrels are gone from world supply. Its Q1 profit jumped 25% to $32.5B. India imports 89% of its oil — and is paying the bill.