Infosys shares experienced a significant drop, hitting a 52-week low, after the company announced its Q4FY26 results and provided a modest revenue growth guidance of 1.5-3.5 per cent in constant currency for FY27, falling below market expectations and raising concerns about AI-led deflation and margin pressures.
India's like-for-like gross Goods and Services Tax (GST) revenue growth slowed to a five-year low of 5.57 per cent in FY26, reaching Rs 23.32 trillion, primarily driven by a significant surge in import revenues.
Odisha police and Child Line rescued twelve boys from Bihar who were allegedly being trafficked on a train. The boys were found on the Janshatabdi Express at Bhadrak station and have been sent to a shelter home. An investigation is underway.
Police in Bokaro, Jharkhand, have arrested five individuals in connection with the murder of Baby Devi, whose body was discovered in the Jamuniya River. The suspects confessed to the crime, citing a prior dispute as the motive.
Reliance Industries Limited (RIL) faced a challenging fourth quarter, with its energy business experiencing significant headwinds, leading to overall muted results and prompting analysts to adjust their outlook, even as consumer segments like Jio and retail demonstrated robust growth.
Political parties in Kerala, including the ruling LDF, opposition UDF, and BJP-led NDA, have reacted to the exit poll predictions for the Assembly elections, with varying degrees of confidence and skepticism.
Leading jewellery companies, Titan Company and Kalyan Jewellers India, have reported better-than-expected top-line growth in Q4 FY26, driven by robust same-store sales growth, higher average ticket sizes, and an improvement in buyer growth, signalling a strong recovery in demand.
The Indian government has revised the application fee for the Overseas Citizen of India (OCI) card and introduced changes to the application process, including abolishing the six-month continuous stay requirement.
Maharashtra minister Pratap Sarnaik announced a special verification drive from May 1 to August 15 to enforce the decision making Marathi mandatory for auto-rickshaw and taxi drivers in the state, during which no punitive action will be taken.
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SBI General Insurance aims to achieve a 10 per cent market share among private and standalone health insurers within approximately five years, up from its current 7.17 per cent, said Naveen Chandra Jha, managing director and chief executive officer, SBI General Insurance.
A Delhi court acquitted a man accused of repeated rape, stating the evidence suggested a consensual relationship that soured. The judge highlighted inconsistencies in the complainant's testimony and the lack of evidence supporting the charges.
Analysts are revising down India Inc's financial year 2026-27 (FY27) earnings growth forecasts, citing persistently high crude oil prices above $100 a barrel due to the West Asia conflict, which is expected to dent corporate financial performance in the coming quarters.
Police in Jammu have apprehended three alleged hardcore criminals in two separate cases in the outskirts of Jammu city.
A court in Kannur dismissed the anticipatory bail plea of a doctor accused in connection with a student's death at Kannur Dental College, while granting bail to another faculty member. The student was found dead after allegedly being harassed by faculty members.
The Supreme Court has ruled that no cognisable offence was committed by BJP leaders Anurag Thakur and Parvesh Verma regarding alleged hate speeches during the 2020 anti-CAA protests in Delhi. The court upheld a previous decision by the Delhi High Court, stating that the speeches did not incite violence or target a specific community.
Small- and midcap stocks have delivered their biggest monthly rally in 12 years, but rising oil prices and global tensions could make the road ahead volatile.
The Narcotics Control Bureau (NCB) has successfully secured the return of Mohammad Salim Dola, a known international drug trafficker and associate of Dawood Ibrahim, from Turkiye.
Most active traders prefer mobile applications that provide real-time alerts, including price targets -- functions that dealers once delivered through client calls.
'In India's case, an extended earnings slowdown accompanied by rich valuations have dimmed returns since late 2024.'
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.
Protests on multiple fronts disrupted the atmosphere outside the FIFA Congress in Vancouver on Thursday, as demonstrators raised sharply different concerns over global politics and local issues.
Notorious drug trafficker Mohammad Salim Dola, a close aide of fugitive gangster Dawood Ibrahim, has been remanded in the Narcotics Control Bureau's custody until May 8 in connection with a 2023 drugs seizure case.
The investigation into the Patiala freight corridor blast has led to the seizure of a large cache of munitions and explosives and the uncovering of a deep-rooted terror conspiracy involving Pakistan-backed ISI and pro-Khalistan terrorists, Punjab police said.
ICICI Bank reported a 9.28 per cent increase in its consolidated net profit to Rs 14,755 crore for the March quarter of FY26, primarily driven by a nearly 90 per cent reduction in provisioning. The bank's executive director, Sandeep Batra, noted strong asset growth but expressed caution regarding the geopolitical situation in West Asia.
A State Bank of India report indicates a sharp increase in precautionary cash holding in India, with the gap between per capita currency in circulation and ATM withdrawals widening significantly, driven by global uncertainties despite record digital payment transactions.
The Indian banking system's net liquidity surplus has reached a four-year high of Rs 4.57 trillion, driven by maturing government securities, with further maturities expected to push the surplus to around 5 trillion.
The Enforcement Directorate (ED) reports a decline in traditional financial crimes due to sustained investigative actions and government initiatives, while highlighting emerging challenges like cryptocurrency fraud and terror financing.
JPMorgan has downgraded Indian equities to 'neutral' from 'overweight', citing elevated valuations, rising earnings risks, and limited exposure to next-generation technology like AI. The brokerage believes other emerging markets offer more attractive risk/reward propositions despite India's strong structural growth story.
Amid mounting speculation over his position within the Trump administration, FBI director Kash Patel reportedly could be the next senior official to exit Trump's cabinet in recent times, according to a Politico report.
Major Indian banks, including Axis Bank, HDFC Bank, and RBL Bank, have reported a decline in employee headcount in FY26, attributing the reductions to significant investments in technology and automation yielding productivity gains across operations.
A Mumbai sessions court has denied pre-arrest bail to two individuals accused of misappropriating funds and fraud within a residential society in Wadala, citing the necessity of custodial interrogation.
Companies in the fast-moving consumer goods (FMCG) sector are losing favour with equity investors, with their price-to-earnings (P/E) ratio declining to its lowest level in six years, now trading at 38.8 times trailing earnings.
The Supreme Court of India has ruled that a minor child cannot be forced to carry a pregnancy to term, urging the government to amend laws to allow rape survivors to terminate unwanted pregnancies beyond 20 weeks.
Info Edge (India) shares fell 2.9 per cent after the company reported muted growth in recruitment billings for Q4 FY26, leading brokerages to expect impacted operating performance and potential margin contraction.
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Two wanted militants were killed in a counter-terrorism operation in Khyber Pakhtunkhwa province, Pakistan. The militants were involved in multiple terrorism cases, including the killing of a CTD constable and five police personnel.
Nepal's Supreme Court has ordered the release of former Energy Minister Deepak Khadka, who was detained in connection with a money laundering case. The court cited unlawful detention and insufficient evidence as reasons for its decision.
Congress leader Rahul Gandhi criticised Prime Minister Narendra Modi and West Bengal Chief Minister Mamata Banerjee, accusing them of prioritising the wealthy over the poor and failing to create job opportunities.
'Science today is very interconnected, and that helped me become part of the Muon g-2 team.'
