Trump’s Iran pause; fuel prices hiked again; Musk reacts to OpenAI loss – LinkedIn
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Indian consumers woke up to another fuel price hike amid volatile crude markets. Also in focus: steady gold prices, a bullish call on Coforge’s AI prospects, fresh pressure on Afcons Infrastructure after weak earnings, and Elon Musk reacting to his courtroom defeat against OpenAI.
The Donald Trump post that sparked a US market recovery
Benchmark indices on Wall Street recovered from the day’s low in a volatile trading session on Monday, May 18, after US President Donald Trump said that he is holding off on a planned attack on Iran scheduled for Tuesday based on the request of leaders from the West Asia region.
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Petrol, diesel prices hiked again; Kolkata sees highest rise in fuel rates
Petrol and diesel prices were increased again on Tuesday, marking the second fuel price revision within a week as global crude oil prices remained volatile amid tensions in West Asia. Oil companies revised retail rates across all four metro cities, with Kolkata recording the steepest increase in petrol prices.
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Gold, silver steady as weaker dollar offsets inflation concerns
Gold and silver prices traded largely steady on Tuesday, May 19, as a weaker US dollar and falling crude oil prices supported precious metals, while investors continued to monitor inflation risks and the US interest rate outlook.
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Power Grid shares have underperformed over the last month, but 60% analysts say ‘buy’
Fifteen out of the 25 analysts who have coverage on state-run Power Grid Corporation of India Ltd. have maintained their “buy” rating on the state-run company after its March quarter results.
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This IT stock will be a ‘top beneficiary’ of the AI cycle; CLSA sees 54% upside
Brokerage firm CLSA believes that Coforge Ltd., the IT services provider, would be a top beneficiary of the AI cycle in its latest note on Tuesday, May 19. The brokerage said that their thesis reflects in the company’s strong order book, increase in revenue per employee and EBIT margin expansion.
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Afcons Infrastructure shares decline 7% after Q4 net loss; revised guidance miss for FY26
Shares of Afcons Infrastructure Ltd. declined nearly 7% in early trade on Tuesday, May 19, after the company reported a weak set of earnings and missed its full-year guidance across parameters. The guidance was already revised lower multiple times during the year.
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Q4 Results LIVE Updates
Earnings season is still on. Track with us Q4 results of BPCL, Zydus Life, BEL, BLS International, Dhanuka Agri, Dredging Corp, Eureka Forbes, Hatsun Agro, Healthcare Global, J Kumar Infra, PI Industries, PNC Infratech, Prince Pipes, Safari Industries, RITES, Trident, Zee Entertainment, and Shaily Engineering, among others.
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Elon Musk reacts to OpenAI case defeat, says will appeal the matter
Elon Musk reacted to a US jury ruling against him in his lawsuit against OpenAI, attempting to play down the setback in a post on his social media platform X after jurors found the company was not liable for allegedly straying from its original mission to benefit humanity.
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What to know about the Bundibugyo virus, a species of Ebola causing an outbreak in Congo
The species of Ebola virus causing an outbreak in Congo that has killed nearly 120 people is less common than other Ebola viruses, which is complicating the response because there are no specific treatments or vaccines.
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Supreme Court refuses to change order on removing stray dogs from hospitals, schools
The Supreme Court delivered its verdict on Tuesday, May 19, in the suo motu case concerning the growing issue of stray dogs and rising dog bite incidents across India. The apex court refused to change its earlier order of November 7 when it directed that stray dogs should not be allowed at public places such as schools and hospitals.
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NEET-UG Paper Leak Case: Key accused, arrests, and what we know so far
The NEET-UG 2026 paper leak investigation has widened into a multi-state crackdown, with the Central Bureau of Investigation (CBI) identifying an alleged network of individuals accused of leaking and circulating confidential exam material before the medical entrance test. The CBI has arrested 10 people so far.
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