US stock market today (May 12, 2026): Oil price surge, inflation fears drag Wall Street, S&P 500 down 0.6%, Nasdaq 0.9% lower

AI image for representation US stocks retreated on Tuesday as rising oil prices, sticky inflation and a selloff in technology shares cooled Wall Street’s record-setting rally.The S&P 500 fell 0.6 per cent after closing at an all-time high in the previous session, while the Dow Jones Industrial Average dropped 288 points, or 0.6 per cent….

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Uber CEO Dara Khosrowshahi on week long India visit

MUMBAI: Uber CEO Dara Khosrowshahi is on a week-long visit to India, firming up the ride-hailing company’s strategic investment plans for the country amid stiff competition from local startup Rapido which is fast gaining market share and already understood to have raced past Uber and Ola in terms of monthly active users between January and…

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Petrol and diesel prices: Frozen for four years despite rising crude costs – how deep is India’s fuel price dilemma?

India may have enough fuel in its tanks for now but rising global crude prices combined with unchanged domestic rates are pointing towards a pressing question: How likely are petrol and diesel price hikes?The government has repeatedly assured citizens that there is no fuel shortage or rationing plan despite global energy market disruptions caused by…

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‘Isko sack kab karoge?’: Pakistan captain Shan Masood faces massive backlash after humiliating Bangladesh defeat | Cricket News

Shan Masood (Image credit: X) NEW DELHI: Shan Masood found himself at the centre of massive social media criticism after Pakistan suffered a crushing 104-run defeat against Bangladesh in the first Test of the two-match series at the Sher-e-Bangla National Cricket Stadium in Mirpur.The defeat marked Pakistan’s third consecutive Test loss against Bangladesh and also…

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IPL 2026: ‘A mature captain never…’- Former India cricketer questions Axar Patel’s leadership | Cricket News

Delhi Capitals’ captain Axar Patel (AP Photo/Ashwini Bhatia) Mohammad Kaif has criticised Axar Patel for publicly pointing fingers at teammate Kuldeep Yadav during Delhi Capitals’ difficult IPL 2026 campaign. Despite keeping their slim playoff hopes alive with a thrilling three-wicket win over Punjab Kings in Dharamsala on Monday, Delhi Capitals remain under pressure after losing…

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