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A batch of 10 Business Standard filings on 26 May 2026 revealed Pine Labs’ sharp swing from a ₹28.9 cr loss to a ₹59.4 cr profit in the March-quarter FY26, while peer small- and mid-cap Indian companies posted a patchwork of gains and setbacks, underscoring an uneven close to the fiscal year.
On 25 May 2026 oil futures slid 5–6%, pushing Brent to $98.83, after Washington and Tehran signalled provisional agreement on reopening the war-blocked Strait of Hormuz.
On 25 May 2026 state oil firms raised pump rates again—₹2.61 on petrol and ₹2.71 on diesel—marking the fourth hike in 11 days and a cumulative ₹7.5-per-litre jump since daily price reviews restarted after a four-year pause.
On 25 May 2026, a burst of Q4-FY26 filings showed nine listed Indian micro-caps swinging from hefty losses (-Rs 25.5 cr at Industrial Investment Trust) to eye-watering gains (+2,705 % at Orosil Smiths India), while broker Motilal Oswal simultaneously touted six blue-chip ‘Buy’ calls, spotlighting the season’s extreme earnings bifurcation.
On 22 May 2026, Mexico and the European Union finally signed their long-delayed Modernized Global Agreement in Mexico City, expanding the 2000 pact and immediately scrapping nearly all mutual tariffs just weeks before the USMCA six-year review.
On 22 May 2026 Google lodged a 111-page brief with the D.C. Circuit, formally asking it to overturn Judge Amit Mehta’s 2024 illegal-monopoly ruling and the 2025 data-sharing remedies that force Google to open its search index to rivals.
On 22 May 2026 SpaceX publicly submitted its S-1, revealing steep 2025 losses yet targeting a June Nasdaq listing that could value the firm near $2 trillion and propel Elon Musk’s fortune past the trillion-dollar mark.
On 21 May 2026 a Paris appeals court reversed a 2023 acquittal and convicted Air France and Airbus of corporate manslaughter for the 1 June 2009 AF447 crash, fining each the legal maximum €225,000.
On 23 May 2026, President Claudia Sheinbaum and EU leaders signed a long-delayed upgrade to the 2000 EU-Mexico accord that wipes out almost all remaining tariffs and broadens the pact to services, digital trade, investment and raw-materials supply chains.
Brussels has waived its 5.5-6.5 % customs duties on urea and ammonia for 12 months, effective immediately after publication, to blunt the price shock caused by the near-closure of the Strait of Hormuz during the 2026 Iran war.
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