Garima Garg
The US administration has not renewed the sanctions waiver on sea-borne Russian oil, a move it earlier said would stabilise supply and prices amid the war in West Asia. Countries, including India, bought millions of barrels of Russian oil during the waiver, which was introduced in mid-March and extended in April. The waiver finally lapsed on May 16.
May 17th, 2026

Arshiya Chopra
Amid the Middle East crisis due to US-Iran war, Marshall Islands-flagged tanker 'Symi' carrying approximately 20,000 tonnes of LPG has arrived at the Kandla Port in Gujarat. Symi successfully crossed the Strait of Hormuz on May 13. Another India-bound LPG tanker, NV Sunshine, also crossed the strait and is expected to arrive soon.
May 17th, 2026

Vodafone Idea (Vi) will raise ₹4,730 crore from Aditya Birla Group through a preferential warrants issue to strengthen its balance sheet, expand 4G/5G rollout, and compete against Reliance Jio and Bharti Airtel. The move marks one of the biggest promoter-led confidence signals in Vi's recent history amid its ongoing debt and subscriber recovery battle.
May 17th, 2026

Arshiya Chopra
Amid the Middle East crisis due to the US-Iran war, Compressed Natural Gas (CNG) rates were increased by ₹1 per kg on Sunday. In Delhi, CNG will now cost ₹80.09 per kg while in Noida and Ghaziabad, CNG will cost ₹88.70 per kg. This comes two days after ₹2 per kg hike was announced.
May 17th, 2026

Hidden within every motor insurance policy is a powerful cost-saving feature that many drivers either misunderstand or overlook entirely: the No Claim Bonus (NCB). Designed as a reward for policyholders who do not make claims during a policy year, NCB can significantly reduce insurance premiums over time. Yet, many drivers lose this benefit through simple renewal mistakes.
May 17th, 2026

Dharini Mudgal
The government has imposed restrictions on the import of silver bars with 99.9% or higher purity. The primary trigger for intervention is the unprecedented explosion in domestic silver consumption. Another reason is that by tightening licensing rules for silver bars, the government aims to curb dollar outflows and preserve forex reserves for essential imports like crude oil and cooking gas.
May 17th, 2026

Dharini Mudgal
An X post by a textile entrepreneur has triggered discussions about the economic uncertainty businesses could face in the coming months amid the Iran war. Akshay Jain said, "The next 6 months are going to be very painful for businesses due to rising costs." "We might be looking at mass layoffs and companies closing down in many sectors," he added.
May 17th, 2026

Mumbai's 10% water cut has triggered a strict crackdown by the Brihanmumbai Municipal Corporation (BMC), which has warned residents against illegally using electric pumps to draw excess water from pipelines. Officials say violators could face criminal cases, penalties, pump seizures, and even disconnection of their water supply as reservoir levels continue falling before monsoon arrival.
May 17th, 2026

Apple's upcoming iPhone 18 Pro and iPhone 18 Pro Max may arrive with major visual changes, including a new 'Dark Cherry' premium colour, sky blue finish, and a redesigned smaller Dynamic Island. Multiple leaks suggest Apple is preparing key aesthetic updates for the 2026 lineup while still retaining the signature large rear camera island design.
May 17th, 2026

Pune Railway Station is set to get a massive airport-style passenger holding area capable of accommodating nearly 10,000 people to tackle severe overcrowding and platform chaos. The project, inspired by New Delhi Railway Station's crowd-management model, aims to improve safety, regulate passenger movement, and prepare Pune station for rapidly rising rail traffic and festival rushes.
May 17th, 2026

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