'OMCs are incurring losses of Rs 1,000 crore per day due to the West Asia crisis.'
'Once the market decides it wants to go up, it goes up -- no amount of bad news can really hold it back.'
Telecom czar Sunil Bharti Mittal plans to hand over the reins of Bharti Airtel to his children in the next decade and desires that promoter firm Bharti Telecom regains over 50 per cent stake in the company.
Initial vote counting in the Kerala Assembly elections indicates a significant lead for the Congress-led UDF, suggesting a potential shift in power.
Indian benchmark indices, Sensex and Nifty, ended lower in choppy trade, with the Sensex declining 114 points, as investors reacted to unabated foreign fund outflows and rising geopolitical uncertainties.
The Maharashtra government is nearing the acquisition of the Air India building in south Mumbai after the Finance Department transferred Rs 1,600 crore to the Public Works Department. The agreement with Air India Assets Holding Limited is expected to be signed within two weeks, providing much-needed office space for state government departments.
The murder of a close aide to BJP leader Suvendu Adhikari in West Bengal has ignited post-election violence, raising concerns about political stability and the transition of power.
The Confederation of Indian Industry (CII) has urged the Indian government to gradually restore the Rs 10-per-litre cut in special additional excise duty on petrol and diesel over six to nine months. This move aims to relieve pressure on government finances as crude oil prices stabilise, without significantly impacting consumer sentiment.
The Madras High Court has restrained TVK MLA R Srinivasa Sethupathi from voting, including in the upcoming confidence motion, due to a petition challenging his one-vote victory.
State Bank of India (SBI) reported a 6 per cent increase in standalone net profit to Rs 19,684 crore for the fourth quarter ended March 2026, driven by a significant decline in bad loans.
Already, within the week of the election results it became apparent that the Congress' DNA has not changed from its traditional approach to politics as but a game of thrones, observes Ambassador M K Bhadrakumar.
Indian equity benchmarks Sensex and Nifty surged nearly 1 per cent, driven by strong earnings reports from FMCG and auto sectors, alongside a rally in Asian markets and signs of de-escalation in geopolitical tensions.
'The BJP successfully merged governance with identity. That's a powerful combination in Assam's political context.'
'98 lakhs in Bengal, 97 lakhs in Tamil Nadu, 2.83 crores in Uttar Pradesh.'
Indian stock markets are set to be influenced by ongoing developments in the US-Iran conflict, fluctuations in crude oil prices, and the latest quarterly earnings reports from major corporates, with foreign investor activity also playing a crucial role.
HCL Technologies remains under pressure after missing Q4 expectations and issuing cautious FY27 guidance. Analysts highlight weak margins, soft demand, and muted growth outlook.
Royal Challengers Bengaluru (RCB) batting coach Dinesh Karthik praised his team's attitude and bowling effort despite a five-wicket loss to Gujarat Titans (GT) in Ahmedabad on Thursday, April 30, 2026.
FMCG major Hindustan Unilever Ltd (HUL) reported a 21 per cent increase in its March quarter consolidated net profit, reaching Rs 2,994 crore, primarily driven by higher volumes and a significant gain from the divestment of its stake in Nutritionalab.
Sun Pharmaceutical Industries' acquisition of US-based Organon & Co. for $11.75 billion, the largest overseas acquisition by an Indian pharma company, has been met with mixed reactions from brokerages, who see strategic entry into women's health and biosimilars but also flag potential integration challenges and debt concerns.
Piramal Pharma anticipates a significant turnaround in financial year 2026-27 (FY27), projecting early-to-mid teens revenue expansion and a sharp improvement in profitability, driven by improved business momentum, new product acquisitions, and structural tailwinds.
India's fiscal deficit is projected to reach 4.5 per cent of GDP for the current fiscal year, exceeding the budgeted target, as the government's policy responses to the West Asia conflict are expected to strain public finances, according to research firm BMI.
For India, China's Indian Ocean power projection, maritime domain awareness, dual-use ports, underwater surveillance, antisubmarinewarfare, naval exercises with Pakistan, pose considerable pressure, depleted India's strategic depth and marginalises Indian role, points out Srikanth Kondapalli.
India's mergers and acquisitions (M&A) market is projected to maintain an annual run-rate of approximately $200 billion, evenly split between domestic, inbound, and outbound transactions, despite global geopolitical turbulence, according to Rajesh Singhi, global co-head, M&A Advisory, Standard Chartered Bank.
'They will have to adjust themselves to the new reality. Because if they don't understand this changed political perception, their future will be difficult.'
Ruling Congress in Karnataka on Monday retained Bagalkot and Davanagere South assembly seats, giving a respite to Chief Minister Siddaramaiah and the party leadership, amid the ongoing power tussle over the leadership issue.
IT major HCLTech reported a 4.20 per cent year-on-year rise in consolidated net profit to Rs 4,488 crore for the January-March quarter of FY26, but projected a modest 1-4 per cent revenue growth for FY27, citing market volatility and reduced discretionary spending.
S&P Global Ratings projects India's economy to grow at 6.3 per cent even if crude oil prices average USD 130 per barrel in the current fiscal year, highlighting the nation's resilience amidst the West Asia crisis and strong commitment to fiscal consolidation.
If current trends persist, the Congress risks becoming increasingly regionally concentrated, dependent on a handful of states rather than functioning as a truly pan-India political force.
Actor Vijay's newly formed party, TVK, has achieved a significant victory in the 2026 Tamil Nadu Assembly elections, securing a commanding vote share and disrupting the state's traditional bipolar political system.
The Reserve Bank of India has updated its e-mandate framework, allowing card issuers to map existing mandates to reissued cards and clarifying rules around transaction limits and customer grievance redressal.
Anshul Mishra has been officially ranked as India's top amateur golfer, according to the latest Gentlemen Merit List issued by the Indian Golf Union (IGU).
Two former Chinese defence ministers, Wei Fenghe and Li Shangfu, were sentenced to death with a two-year reprieve over graft charges, official media reported.
Dabur India's stock has fallen over 17 per cent since the start of the Iran war, driven by concerns over a weak monsoon, the West Asian crisis, and rising input costs, which are expected to impact the company's revenues and margins, particularly affecting its significant rural sales and international markets.
Wipro reported Q4FY26 IT services revenue of $2.6 billion, a modest 0.2 per cent Q-o-Q constant currency growth, with adjusted operating profit margin beating estimates at 17.2 per cent. The company announced a significant share buyback of ~15,000 crore, but faces near-term growth challenges, particularly in the BFSI segment, and has issued a soft Q1FY27 revenue guidance.
The Bharatiya Janata Party has surged past the halfway mark in the West Bengal assembly elections, leading in 185 seats against the Trinamool Congress's 91, signalling a potential political shift in the state. Early trends suggest a geographically split mandate, with the BJP gaining in border, tribal, and industrial regions, while the TMC holds ground in parts of Kolkata and select rural strongholds.
'The next five years are crucial because Assam, West Bengal and Bihar are either governed by or politically aligned with the BJP.' 'This gives us a strong platform to take decisive steps to secure our borders.'
HDFC Bank reported an 8.04 per cent increase in its March quarter consolidated net profit to Rs 20,350.76 crore, but highlighted potential near-term risks for small-business borrowers due to the West Asia conflict. The bank's CEO also addressed the recent resignation of its non-executive chairman and hinted at a potential top-level reorganisation.
'Vijay did not defeat Dravidian politics from outside. He entered the Dravidian field and claimed ownership of it. 'His argument was not that the room should be destroyed. It was that the present occupants no longer deserved to remain in it.'
Gujarat Titans all-rounder Jason Holder delivered a match-winning spell to guide his side to a tense four-wicket victory over Punjab Kings in an Indian Premier League clash in Ahmedabad on Sunday, May 3, 2026.
The delimitation in Assam has quietly changed the political scene, raising questions about whether new constituency boundaries helped the BJP by spreading out Muslim-majority voters.
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