Infosys Q4 results beat estimates, but weak FY27 guidance triggers cautious brokerage outlook and target price cuts. Should investors worry?
Moody's Ratings has downgraded India's growth forecast for financial year 2026-27 (FY27) to 6 per cent from 6.8 per cent, attributing the revision to weaker consumption and industrial activity, elevated energy prices, and rising input costs stemming from the West Asia conflict.
Petrol and diesel prices in India have been increased for the second time in a week, following a long freeze on revisions. The increase comes as global crude prices surge and state-run oil firms look to recoup losses.
Union Minister Nitin Gadkari has called for Indian companies to form joint ventures with US companies to leverage new technologies, while also expressing an ambitious target to make India's automobile industry the world's number one within five years.
Petrol price has been increased by 87 paise in Delhi from Rs 98.64 to Rs 99.51 per litre. Diesel rates have gone up by 91 paise from Rs 91.58 to Rs 92.49.
Congress leader Rahul Gandhi criticised Prime Minister Narendra Modi for gifting 'Melody' toffees to Italian Premier Giorgia Meloni, calling it a 'gimmick' while India faces an 'economic storm'. He accused Modi of prioritising public relations over addressing the struggles of farmers, labourers, and youth, a sentiment echoed by other Congress leaders.
'The situation globally is quite challenging, but we have the confidence and courage of conviction that we will come out winners even in this challenging time.'
The Reserve Bank of India (RBI) has announced a record surplus transfer of Rs 2.87 trillion to the central government for FY26, driven by increased income and an expanded balance sheet, despite a reduction in the contingent risk buffer (CRB) to 6.5 per cent.
The West Bengal government plans to remove the football-themed sculpture outside Salt Lake Stadium, designed by former chief minister Mamata Banerjee, and upgrade the venue's infrastructure.
Union Home Minister Amit Shah criticised West Bengal Chief Minister Mamata Banerjee, accusing her of playing the 'victim card' and pushing the state towards destruction. He promised to end the TMC's 'syndicate raj' and ensure justice for women if the BJP is voted to power.
Petrol and diesel prices in India have seen their fourth increase in less than two weeks, pushing cumulative hikes to nearly Rs 7.5 per litre since May 15, reaching their highest levels since May 2022. This surge, driven by global crude oil costs and the Iran conflict, is expected to exacerbate inflationary pressures and raise transportation costs across the economy.
'Every year we import approximately $70 billion worth of gold -- closer to $72 billion in 2025-2026, an all-time record.' 'There is no parallel for this anywhere in the world. And this love for gold will not disappear overnight.'
Prime Minister Narendra Modi criticised the Trinamool Congress (TMC) in West Bengal, accusing them of lawlessness, corruption, and enabling illegal infiltration. He promised to initiate a special inquiry against facilitators of infiltration and to deport unauthorised entrants if the BJP comes to power in the state.
The Indian government has increased import duties on gold and silver from 6 per cent to 15 per cent to curb inbound shipments of precious metals amid a rising import bill due to the West Asia crisis.
India's home-grown EV startups say the government's auto PLI scheme is helping big players while shutting out innovators building electric two- and three-wheelers from scratch.
Qatar, India's largest supplier of imported natural gas, has declared force majeure on deliveries following a halt in production in the wake of an Iranian drone strike -- a disruption that has led to a cut in supplies to Indian industry by up to 40 per cent, sources said.
Foreign Portfolio Investors (FPIs) have withdrawn Rs 14,231 crore from Indian equities so far in May, extending the total outflow for 2026 to over Rs 2 lakh crore, driven by persistent global macroeconomic uncertainties including inflation, interest rates, and geopolitical risks.
A man was killed, his body chopped into pieces and dumped in the Yamuna River by his friend and his associates after he refused to give them money, according to police. Four people, including a woman, have been arrested in connection with the killing.
TVS Motor Company is strategically positioned for sustained outperformance in the domestic two-wheeler industry, propelled by increasing market share in scooters, premium motorcycles, electric vehicles (EVs), and robust export growth, according to analysts.
Real estate developers are increasingly offering flexible payment plans, such as low booking amounts and deferred payments, to stimulate housing sales and manage affordability concerns without resorting to price cuts, as sales volumes declined by 14 per cent in 2025.
RBI Governor Sanjay Malhotra stated that the central bank is closely monitoring whether the supply shock from the West Asia conflict will lead to a generalised price rise, potentially necessitating monetary policy action.
But when it comes to e2W, China is the dominant player and had grabbed over 76 per cent share of total e2W imports in 2025 with brands like Yadea, NIU and Sunra dominating the market.
Pharmaceutical major Cipla reported a 3 per cent year-on-year decline in March quarter revenue to Rs 6,541 crore, with net profit falling 55 per cent to Rs 554.6 crore, missing consensus estimates. Despite strong growth in India and Africa, a significant decline in North American sales impacted overall performance, with the company now focusing on new product launches and regulatory filings to drive future gains.
India's top 16 IT services companies distributed a record 1.3 trillion to shareholders in FY26 through dividends and share buybacks, a 36.3 per cent increase from FY25, even as the industry grappled with AI-driven business model threats and a significant decline in market capitalisation.
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.
'Once the currency goes out of the hand, then possibly your major challenge is that it will not come back.'
Prime Minister Narendra Modi has accused the TMC government in West Bengal of 'maha jungleraj' following an incident in Malda where judicial officers were allegedly held hostage. He framed the upcoming elections as a battle between the TMC's 'fear' and the BJP's 'trust', promising accountability for alleged atrocities and a focus on development.
Prime Minister Narendra Modi has criticised the Trinamool Congress (TMC) government in West Bengal, citing the Malda incident as evidence of lawlessness and accusing the party of 'maha jungleraj'. He framed the upcoming elections as a battle between the TMC's 'fear' and the BJP's 'trust', addressing issues such as infiltration, corruption, and demographic change.
Domestic passenger vehicle dispatches in India rose 25.4 per cent year-on-year to 4,37,312 units in April, continuing the strong demand momentum from the previous fiscal year, according to SIAM.
MNS president Raj Thackeray questions the fuel consumption during recent election campaigns, asking if austerity measures are only meant for the common people.
A prolonged supply shock can transmit to lower incomes, and dampen confidence and sentiment, warns Aditi Nayar, chief economist, head-research and outreach, ICRA.
Domestic Institutional Investors (DIIs) have significantly increased their holdings in Nifty 500 companies, reaching a record 20.9 per cent by the end of March, while Foreign Portfolio Investors (FPIs) reduced their ownership to an all-time low of 17.1 per cent, according to Motilal Oswal Financial Services.
Young buyers often underestimate future health risks.
The Indian rupee plummeted to a new all-time closing low of 95.81 against the US dollar, driven by surging crude oil prices, persistent inflation concerns, and a strengthening dollar index.
Senior TMC leader Abhishek Banerjee criticises Union Home Minister Amit Shah over infiltration, terror attacks, and unfulfilled job promises, questioning the BJP's governance record.
'If the war continue for a longer period of time, it is just a matter of time before the government will pass on some of the price increases.'
Despite a sharp increase in import duties on gold and silver to 15 per cent, the precious metals are trading at significant discounts in the domestic market, with gold seeing discounts of up to $200 an ounce and silver up to $6 an ounce.
'... with the rest split between mid and smallcaps, as valuations are becoming more attractive across segments.'
British lawn mower racing season kicks off in West Sussex, offering thrilling grassroots motorsport action as fans get their fix during the Formula One break.
BJP National President Nitin Nabin has criticised West Bengal Chief Minister Mamata Banerjee for allegedly prioritising political games over sports and cultural activities, leading to the state's decline in these areas. He also accused the TMC government of using sports clubs for political purposes.
