Maruti Suzuki India (MSIL) reported a 9.1 per cent year-on-year decline in net profit for the April-June quarter of 2026-27, marking its second consecutive quarterly fall. This dip occurred despite a significant 29.3 per cent jump in sales volume, primarily due to escalating commodity prices, increased energy costs, and logistics disruptions stemming from the West Asia conflict.
Bajaj Finance, India's largest private-sector NBFC, reported a 29 per cent year-on-year increase in standalone net profit to 5,346 crore for Q1FY27, propelled by robust growth in net interest income and assets under management, which surpassed 4 trillion.
ArcelorMittal reported a significant 62 per cent year-on-year decline in its net income, reaching USD 683 million in the June 2026 quarter, despite a quarter-on-quarter increase in sales and improved performance from its Indian joint venture, AMNS India.
Mahindra & Mahindra (M&M) Ltd reported a significant 34 per cent year-on-year increase in Profit After Tax (PAT) to Rs 5,455 crore for the June quarter, driven by strong performance in its Auto and Farm segments despite challenging macro-economic conditions.
Cognizant reported a 1.4 per cent year-on-year dip in net profit for the April-June quarter to $636 million, while revenue grew 4.5 per cent to $5.5 billion. The company has also cut the top end of its annual guidance, citing a slowdown in macroeconomic conditions and rising uncertainty.
ICICI Bank has successfully raised $1 billion through a five-year senior unsecured US dollar bond, marking its first public dollar bond issuance since 2017 and the largest single-tranche US dollar bond issuance by an Indian issuer so far this year.
Gangster Chota Rajan has been sentenced to seven years' imprisonment by a special CBI court in Chennai for obtaining a passport using forged documents. The conviction follows a 22-year legal battle, with Rajan having assumed the identity of Vijaya Kadam.
Experienced wicketkeeper-batter Litton Das has been appointed as the new One Day International captain for Bangladesh, succeeding Mehidy Hasan Miraz. This move comes as the team begins its preparations and build-up for the 2027 Cricket World Cup.
Infosys has revised down the upper end of its revenue growth target for financial year 2027 (FY27) to 1.5-3 per cent, from the earlier 1.5-3.5 per cent, attributing the change to persistent macroeconomic uncertainty and a one-time client impact.
Shares of major private lenders, including HDFC Bank, Axis Bank, and Kotak Mahindra Bank, experienced a sharp selloff after their June-quarter results indicated persistent pressure on net interest margins (NIMs), despite healthy credit growth. This decline overshadowed gains in ICICI Bank and Punjab National Bank (PNB), which reported resilient or stronger-than-expected earnings.
Indian Hotels Company (IHCL) reported a healthy 14.6 per cent consolidated revenue growth in Q1 FY27, largely driven by a robust 17.6 per cent increase in domestic operations, offsetting geopolitical disruptions. Brokerages anticipate sustained growth, with Motilal Oswal Research projecting 12-14 per cent growth in FY27, supported by strong leisure demand and an asset-light expansion pipeline.
The Ayodhya Development Authority (ADA) has granted Supriya Mishra, wife of Luv Kush Mishra, who is accused in the Ram temple donation case, an additional week to provide documents for a house in her name that is under construction in Ayodhya's Saadatganj area, the police said.
The Supreme Court has permitted Muslims to offer Friday prayers at a site adjacent to the Bhojshala-Kamal Maula complex in Dhar, Madhya Pradesh, following a High Court ruling that declared the complex a temple. This decision allowed prayers to resume after a previous ASI order was quashed.
Kala Chana Guguni is a Bihar staple. It surfaces at family gatherings or festive celebrations. And is usually whipped up when guests come visiting and homes are filled with laughter and stories.
The Supreme Court has stated that a complete ban on pellet guns is not possible as long as existing advisories permit their use for crowd control in exceptional circumstances by security agencies. However, the court clarified that allegations of specific misuse can be examined on a case-by-case basis, particularly in light of recent protests against the NEET paper leak.
A recent SBI Economic Research report indicates that the significant gap between credit and deposit growth, currently over 530 basis points, is likely to persist if geopolitical risks and external supply shocks continue. However, an improvement in deposit growth is anticipated with inflows into foreign currency non-resident (bank) deposits.
Joe Root has been reappointed as England's Test captain, marking his return to the leadership role, while former New Zealand batter Stephen Fleming has been named the new head coach, following the departures of Ben Stokes and Brendon McCullum.
DIIs invested $22.8 billion in Indian equities in Q2CY26.
Indian long jumpers M Sreeshankar and Lokesh Sathyanathan have successfully qualified for the men's long jump final at the Commonwealth Games. Sreeshankar achieved direct qualification by surpassing the 8m standard, while Sathyanathan advanced as one of the top-12 performers. Sreeshankar, recovering from a career-threatening injury, expressed excitement despite challenging conditions.
The Public Examination (Prevention of Unfair Means) Amendment Bill, 2026, passed by the Lok Sabha, introduces significantly stricter punishments for individuals and organised groups involved in paper leaks and other unfair means in public examinations. The legislation aims to enhance the integrity of exams conducted by various central government agencies.
ITC reported a 16.2 per cent year-on-year drop in consolidated net profit to 4,394.13 crore in Q1 FY27, primarily due to a significant increase in taxes on its cigarette business. Consolidated net revenues also declined by 11.1 per cent to 19,114 crore, missing analyst estimates.
Reliance Industries (RIL) delivered a better-than-expected operational performance in Q1FY27, driven by a recovery in its oil-to-chemicals (O2C) business and robust gains in the telecom (Jio) segment, though its retail arm missed estimates. Analysts highlight the upcoming Jio Platforms IPO and execution in new energy and consumer businesses as key triggers for the stock's future growth.
'The market is currently neither cheap enough to be exciting about nor expensive enough to worry about.'
Union Minister Jitendra Singh refuted Rahul Gandhi's allegations in Lok Sabha that Home Minister Amit Shah ordered firing on students protesting the NEET fiasco. Singh clarified that no bullets were fired, only tear gas was used, and the authority to order firing rests with a magistrate, not a minister. He also dismissed Gandhi's claims about Shah's cavalcade and foreign travel, criticising the opposition leader for making unsubstantiated remarks during a heated parliamentary debate.
A controversy has erupted within Hockey India over the national teams' new saffron jerseys, replacing the traditional blue.
'But they had nothing to negotiate as the government did not negotiate. It is completely the fault of the government as they dumped it on the police.'
Amidst widespread student protests over the NEET paper leak, the Indian government has introduced the Public Examinations (Prevention of Unfair Means) Amendment Bill, 2026, in the Lok Sabha. The bill proposes significantly stricter punishments, including jail terms of up to 10 years and fines of up to Rs 50 lakh for individuals involved in paper leaks, and up to Rs 10 crore for organised crimes, aiming to enhance transparency and fairness in public examinations.
The probe into the alleged Badrinath Temple donation theft case is gaining pace as former temple officer of Badrinath Temple Rajendra Chauhan has been arrested by the Special Investigation Team (SIT) following four hours of questioning on Friday.
India is set to introduce a new amendment to its anti-paper leak law in the Lok Sabha, aiming to establish fast-track courts across all states and union territories for swift trials and significantly harsher penalties for exam malpractices, including jail terms of 5 to 10 years and fines up to Rs 50 lakh for individuals, and up to Rs 10 crore for organised crimes.
RBI says polymer notes have a significantly longer lifespan, potentially reducing printing costs and replacement frequency.
Education loan defaults carry serious consequences. Credit bureaus record missed payments against both the student and the co-borrower, usually a parent.
Tech giant Apple reported a record June quarter revenue of USD 109.4 billion, a 16 per cent year-on-year increase, with significant double-digit growth in emerging markets like India. However, the company anticipates business risks in the coming quarters due to rising memory chip prices and ongoing supply constraints.
Eternal's quick commerce platform, Blinkit, significantly outperformed in Q1 FY27, with net order value (NOV) rising 19.1 per cent quarter-on-quarter, indicating strong market share gains driven by increased monthly transacting users and transaction frequency.
The Lok Sabha has approved an amendment to India's anti-paper leak law, introducing stricter punishments including jail terms of up to 10 years and fines of up to Rs 50 lakh, in response to recent large-scale student protests and the NEET paper leak case.
At Rs 4.07 trillion, gross inflows were just shy of the record Rs 4.34 trillion mobilised in H2 of 2024, making it the second half-yearly period in which inflows crossed Rs 4 trillion.
Three more persons were arrested on Sunday in connection with the violence during a protest here two days ago against the NEET paper leak, taking the total number of apprehended people to 14, the police said.
Parliament on Thursday passed a bill to amend the anti-paper leak law to introduce stricter punishments, with the government expressing its commitment to go the extra mile to safeguard the interests of students, who are the country's future.
Wipro's net profit in the first quarter saw minimal growth, rising less than one per cent to 3,352 crore, while revenue increased by 10.6 per cent to 24,480 crore. The IT services segment, a key metric, grew by only one per cent year-on-year, falling short of analyst estimates amidst a challenging demand environment and longer decision cycles from clients.
Larsen & Toubro (L&T) reported a 14 per cent year-on-year increase in Q1 FY27 profit attributable to owners, reaching Rs 3,926 crore, surpassing analyst estimates, despite facing significant supply-chain disruptions in West Asia.
Reliance Industries Ltd reported a 22 per cent year-on-year decline in consolidated net profit for the June quarter, primarily because the previous year's earnings were inflated by a one-time gain from the sale of its stake in Asian Paints.
