Indian equity benchmarks closed in the red on Tuesday despite the market witnessing a sharp rebound in the second half after trading with a bearish bias in the morning, as investors assessed mixed global cues and sectoral trends. ... read..
India's flexible workspace segment is expected to expand its capacity by 16-18 per cent over the current and next financial years to reach 140-145 million square feet, driven by rising demand from global capability centres (GCCs), domestic corporates and ... read..
India's electric mobility transition is witnessing sustained growth, with electric two-wheelers recording a penetration of 6.5 per cent in FY 2025-26, reflecting rising adoption and strengthening domestic manufacturing capacity, according to the Ministry ... read..
Dream Sports, the parent of fantasy gaming platform Dream11, has forayed into stock broking with the launch of DreamStreet, an AI-enabled investment platform aimed at simplifying market participation for first-time and hesitant retail investors. ... read..
India's bank credit growth remained robust in the financial year 2025-26, with non-food credit expanding 15.9 per cent year-on-year, up sharply from 10.9 per cent in the previous year, according to the Ministry of Finance.The aggregate outstanding credit ... read..
Mumbai, (Maharashtra) | May 5, 2026 4:23:45 PM IST
Former HDFC Chairman Deepak Parekh released a CBRE South Asia report at the CII BFSI Summit 2026, which highlighted a surge in capital deployment in India's real estate sector, with equity inflows touching a record USD 30.7 billion between 2024 and the fi ... read..
Mumbai, (Maharashtra) | May 5, 2026 3:23:58 PM IST
Auto major Mahindra & Mahindra on Tuesday reported a strong financial performance for the fourth quarter and full financial year 2025-26, backed by robust growth across its auto, farm, and emerging business segments.The company posted a consolidated p ... read..
Punjab National Bank (PNB) on Tuesday reported its highest-ever annual net profit of Rs 16,904 crore for FY'26, marking a 1.6 per cent year-on-year growth, while Q4 FY'26 net profit jumped 14.4 per cent YoY to Rs 5,225 crore from Rs 4,567 crore a year ago ... read..
India's banking sector, after a period of strong profitability and balance sheet improvement, is entering a more complex phase marked by emerging structural pressures, according to a report by McKinsey & Company.The report, titled "Indian Banks: Navig ... read..
Mumbai, (Maharashtra) | May 5, 2026 3:23:40 PM IST
Auto major Mahindra & Mahindra on Tuesday reported a strong financial performance for the fourth quarter and full financial year 2025-26, backed by robust growth across its auto, farm, and emerging business segments.The company posted a consolidated p ... read..
Air conditioner prices are set to rise further in the coming months due to sharp increase in input costs across commodities such as copper, aluminium, and steel in addition to the new energy efficiency norms introduced in January 2026, according to Vir S ... read..
The Reserve Bank of India's (RBI) interest rate cuts during FY26 were only partially passed on to borrowers, with lending rates declining but not to the same extent as the policy rate reduction, according to a report by Bank of Baroda. ... read..
Indian businesses are racing to adopt Artificial Intelligence for cybersecurity but remain exposed due to gaps in Zero Trust implementation and identity controls, according to Zoho Corp.'s State of Workforce Password Security Report 2026. ... read..
State-led cash transfers are set to provide a durable cushion to low-income household consumption in 2026, even as inflation risks from high energy prices and El Nino persist, according to a research report by Crisil Ratings. ... read..
Electric vehicle (EV) adoption across India's automobile sector continued to strengthen in April, even as broader geopolitical tensions in West Asia cast a shadow over fuel price stability and future demand trends, according to the Federation of Automobil ... read..
Netradyne, a global leader in AI-powered fleet safety and performance solutions, today announced the acquisition of Moove Connected Mobility, a leading European fleet intelligence and connected mobility company with deep expertise across major European ma ... read..
Road project awarding by the National Highways Authority of India (NHAI) remained subdued in April 2026, with no projects awarded during the month, according to a report by Nuvama Institutional Equities. ... read..
The domestic banking sector recorded strong credit growth in FY26, with non-food credit (NFC) rising 15.9 per cent year-on-year, supported by broad-based growth across key segments, according to a report by ICICI Bank. ... read..
Bengaluru (Karnataka) | May 5, 2026 12:53:20 PM IST
Aditya Birla Capital (ABCap), the financial services arm of the Aditya Birla Group, has significantly expanded its customer engagement capabilities by deploying advanced conversational AI across its businesses, in collaboration with Blue Machines AI.Desig ... read..
India's automobile industry recorded a strong start to FY27, with April wholesale volumes rising across segments even as inflationary pressures and commodity costs continued to build, according to a report by Nomura.Passenger vehicle (PV) wholesales grew ... read..
Mumbai (Maharashtra) | May 5, 2026 12:53:02 PM IST
The issuance of new life insurance policies in India has declined following the removal of tax deduction benefits, said Deepak Parekh, Former Chairman of HDFC Bank, highlighting how policy changes under the new tax regime have impacted consumer behaviour. ... read..
Mumbai (Maharashtra) | May 5, 2026 12:23:18 PM IST
Corporate governance advisory firm InGovern has written to the boards of seven listed Tata Group companies, urging them to push for the listing of Tata Sons, stating that it is their fiduciary duty to protect the interests of public shareholders. ... read..
Asian Development Bank (ADB) President Masato Kanda called for deeper regional cooperation and cross-border connectivity across Asia and the Pacific, stressing that collective action is key to ensuring resilience and inclusive growth in an increasingly fr ... read..
GIFT-city based AvenuesAI Limited, a listed digital payments and fintech company, is pursuing an unconventional and deliberately cautious strategy to penetrate the nation's lucrative credit market, by strategic equity investments in multiple NBFCs (non-ba ... read..
India's automobile retail sector recorded its best-ever April performance, with total vehicle sales rising 12.94 per cent year-on-year to 26,11,317 units, according to data released by the Federation of Automobile Dealers Associations. ... read..
Mumbai (Maharashtra) | May 5, 2026 10:23:21 AM IST
The equity markets came under pressure on Tuesday, with benchmark indices opening lower as renewed hostilities in the Strait of Hormuz pushed crude oil prices higher, denting investor sentiment. ... read..
Union Minister of Commerce and Industry Piyush Goyal held a review meeting with senior officials and chief negotiators to assess the progress of India's Free Trade Agreements (FTAs), as the country continues to expand its global trade footprint. ... read..
The ongoing demand upcycle in India's automobile industry is expected to continue for the next 2-3 quarters, with elevated growth likely to sustain through CY26 before gradually normalising in CY27, according to a report by Antique Stock Broking. ... read..
National Stock Exchange of India (NSE) announced the launch of Electronic Gold Receipts (EGRs), a new segment aimed at bringing greater transparency, efficiency and formalisation to India's gold market, according to an official statement. ... read..
Ashish Kumar Chauhan, Chairman of the National Stock Exchange (NSE), on Monday highlighted the resilience of India's capital markets amid global uncertainties, noting that equity market capitalisation has risen to nearly 1.5 times the size of banking asse ... read..
Singapore Airlines (SIA) on Monday announced that it will introduce next-generation high-speed in-flight connectivity powered by Starlink, with a progressive rollout beginning in the first quarter of 2027.The airline said the deployment will be carried ou ... read..
Securities and Exchange Board of India (SEBI) Chairman, Tuhin Kanta Pandey, stated on Monday that SEBI will soon issue an advisory outlining how market players should remain alert to vulnerabilities and play a proactive role in mitigation. ... read..
India's remittance inflows remain a key pillar supporting the country's external balance, but the ongoing West Asia conflict has raised concerns over employment conditions for Indian workers in the Gulf, highlighting the need for government support for re ... read..
Innovations Venture Studio (IVS) investment in a faith-tech startup SwaDharma (Formerly 3ioNetra), reflects a broader shift towards co-building digital infrastructure for India's evolving faith ecosystem, rather than a standalone investment. ... read..
India's commercial vehicle segment reported a mixed performance in April 2026, with strong domestic demand supporting growth across major manufacturers, while export pressures and segmental weakness weighed on overall momentum, according to the monthly sa ... read..
The Asian Development Bank (ADB) launched a new financing facility to help countries in Asia and the Pacific develop the critical minerals supply chains required for clean energy, batteries, electric vehicles, and digital technology. ... read..
