Oil India has increased crude output at Baghewala field in Rajasthan's Thar desert by around 70% to a record 1,202 barrels per day. The push comes amid geopolitical tensions and global oil volatility, as India seeks to boost domestic production, reduce import dependence, and strengthen long-term energy security. Advanced oil recovery technologies like Cyclic Steam Stimulation are being used.

Investor and market veteran Shankar Sharma said India needs a 5-10-year bear market for real growth. Comparing India to Iran, he said their success in missile/drone technology stems from not having a stock market driven by "food and lipstick apps". He added India'll grow when people build "real businesses instead of the fluff that gets billions of dollars of market-cap".

Air India has suspended its flights to Israel till May 31 amid the ongoing war in West Asia. Passengers holding bookings on the affected flights have been advised to check the airline's website for rebooking options, refunds, or alternate arrangements. Indians looking to leave Israel have to go through Jordan or Egypt by entering the two countries via land crossings.

Former Berkshire Hathaway CEO Warren Buffett hinted he may reconsider his annual (since 2006) multibillion-dollar donations to the Gates Foundation, saying, "I'll wait and see what unfolds...I've learned things I didn't know about." The remarks follow revelations in the Epstein Files about Bill Gates' ties with convicted sex offender Jeffrey Epstein. Buffett added he hasn't spoken with Gates since.

In a post on Truth Social against immigration, US President Donald Trump said, "If you import the third world, you become the third world." He asserted that this will not happen to the US as long as he is the President. Notably, Trump's adviser Stephen Miller had made the same statement in 2024 while supporting Trump's election against Joe Biden.

The combined market valuation of six of India's top 10 most-valued firms declined by ₹64,734.46 crore in a holiday-shortened last week, with Bharti Airtel taking the biggest hit. Last week, the BSE benchmark Sensex declined 263.67 points, or 0.35%, and the NSE Nifty fell 106.5 points, or 0.46%. The market valuation of Bharti Airtel eroded by ₹29,993.07 crore.

As many as 38 companies, including SBI Funds Management and Manipal Health Enterprises, filed preliminary IPO papers with SEBI in March 2026. This marks a sharp jump from 22 filings in March 2025 and 16 in March 2024, SEBI data showed. Meanwhile, the NSE and Jio are reportedly preparing to submit their draft IPO papers in the coming weeks.

Indian-flagged ships Shivalik and Nanda Devi carried 92,712 MT LPG, while Pine Gas and Jag Vasant carried 92,612.59 MT LPG. Meanwhile, BW TYR and BW ELM carried 94,114 MT LPG and Green Sanvi carried 46,650 MT LPG. Green Asha is reportedly carrying 20,000 tonnes of LPG. Indian-flagged oil tanker Jag Laadki carried 80,800 MT of Murban crude oil.

AI-native product design startup Noon has raised $44 million (₹408 crore) in a funding round as it emerges from stealth mode. The round saw participation from Chemistry, First Round Capital, Scribble Ventures, Elevation Capital and Afore Capital. It also saw investment from several design heads across companies such as Stripe, OpenAI, Microsoft AI, Apple, Meta and Shopify, Noon said.

NITI Aayog and the Atal Innovation Mission launched ATL Sarthi and Mentor India Academy in Telangana to support 379 Atal Tinkering Labs with mentorship and institutional backing. The initiative aims to help young innovators turn ideas into impactful solutions and strengthen India's grassroots innovation ecosystem.