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NEW DELHI: On April 6, 2026, the President of India gave assent to the Insolvency and Bankruptcy Code (Amendment) Act, 2026–No. 6 of 2026–and the legislation was published in the Gazette of India. A decade after the original IBC was enacted in 2016, Parliament has approved what practitioners call the most comprehensive rewrite of the…

Oil prices declined sharply on Tuesday as hopes of renewed talks between the US and Iran eased concerns over prolonged supply disruptions, even as underlying risks to global energy flows remained elevated. Brent crude futures fell $3.93, or 3.96%, to $95.43 a barrel, while US West Texas Intermediate (WTI) crude dropped $6.60, or 6.66%, to…

One 97 Communications Ltd, which operates the Paytm brand, has become a majority Indian-owned and controlled company after domestic investors raised their stake to 50.3% as of March-end 2026, PTI reported.The shift marks a structural change in ownership for the fintech firm, with domestic shareholding rising steadily in recent quarters, reflecting growing investor confidence.Domestic institutional…

NEW DELHI: Kolkata Knight Riders’ IPL campaign took another hit as Chennai Super Kings handed them a 32-run defeat on a tricky, two-paced pitch. Chasing 193, KKR never really looked in control and eventually finished at 160/7. The loss exposed issues in their batting approach and overall planning, with the team now losing four of…

NEW DELHI: In what may be bad news for India’s farm sector and rural economy, IMD on Monday predicted a ‘below normal’ southwest monsoon (June-Sept) in the country amid growing risk of El Nino, which is linked to depressed summer rainfall over India. “Quantitatively, the seasonal rainfall over the country is likely to be 92%…

NEW DELHI: India’s pharmaceutical industry must focus on both generics and innovative products, as well as develop products specially tailored for the country’s patient needs. Domestic companies particularly smaller to mid-sized players can carve out a strong role in rare diseases and niche patient segments, where agility and specialised research can drive meaningful breakthroughs, pharma…

Javokhir Sindarov vs Anish Giri (Photo by Niki Riga/FIDE) NEW DELHI: Javokhir Sindarov delivered a flawless campaign to clinch the FIDE Candidates Tournament 2026 title on Tuesday, sealing the crown with a round to spare and setting up a blockbuster World Championship clash with D Gukesh later this year.The Uzbek Grandmaster remained unbeaten throughout the…

Captained by Babar Azam, Peshawar Zalmi on Monday defeated Multan Sultans by 24 runs to register their fifth win of the Pakistan Super League (PSL) 2026 season in six matches. Zalmi sit on top of the points table with five wins and one no result and 11 points in 6 matches.Kusal Mendis continued his run…

Gold prices traded higher in the domestic futures market on Tuesday, tracking firm global cues and improved sentiment amid easing dollar pressure and hopes of renewed geopolitical talks.On the Multi Commodity Exchange (MCX), gold futures for the June 2026 contract rose Rs 1,981, or 1.30%, to Rs 1,54,053 per 10 grams. The contract touched a…