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South Korea's stock market saw a dramatic fall on Friday. This happened after a massive rally pushed valuations to extreme levels. The market's dependence on a few AI chip companies became clear. Samsung Electronics and SK Hynix, key players, experienced significant drops. This led to a broad index decline. Global factors also contributed to the market's weakness.
ITC Hotels announced robust fourth-quarter earnings for FY26. Profit after tax surged 23% year-on-year. Revenue from operations also saw a significant 14% increase. The company's hospitality business demonstrated continued growth. For the full fiscal year, profit after tax rose 29%. A final dividend of Rs 1 per equity share has been recommended.
A CNI InfoXchange study projects the Nifty could surpass 42,000 by 2028 if sustained foreign investor inflows return. The report highlights stronger domestic liquidity, resilient equity markets, robust GDP growth prospects, rising retail participation, and India’s increasing weight in global emerging market indices.
Hindustan Copper Q4 Results: The metal major posted a revenue uptick of 58% to Rs 1,156 crore in Q4FY26 versus Rs 731 crore in the corresponding quarter of the previous financial year.
South Korea’s Kospi saw a violent reversal after briefly topping 8,000, crashing over 6% as tech stocks plunged and foreign investors dumped shares. Samsung Electronics’ steep fall amid an 18-day strike call intensified the rout, wiping out much of the index’s world-beating 2026 gains and dragging broader Asian markets lower.
Lighthouse Canton has launched its third India-focused private credit fund, targeting Rs 1,200 crore to capitalise on the country’s expanding private credit market. The fund will focus on structured credit investments in mid-to-large corporates, aiming to deliver stable yields and risk-adjusted returns through secured lending strategies.
RG Kar rape case: West Bengal Chief Minister Suvendu Adhikari said the suspension of former Kolkata Police Commissioner Vineet Goyal and ex-deputy commissioners Indira Mukherjee and Abhishek Gupta was ordere.
A potential dropping of US fraud charges against Gautam Adani could signal the end of an eighteen-month defensive period for the Adani Group. This development is expected to reopen doors to global capital, enable debt repricing, and allow the conglomerate to prioritize growth over legal concerns, according to market observers.
West Asia conflict: PM Modi, in his opening remarks in the meeting with UAE President Sheikh Mohamed bin Zayed Al Nahyan, said India ‘condemned the attacks on the UAE’.
Mamata Banerjee appointed Kalyan Banerjee as the TMC's chief whip in the Lok Sabha, replacing Kakoli Ghosh Dastidar. Kalyan's reinstatement comes as the party faces significant challenges, despite his previous removal during a stronger political period.
U.S. President Donald Trump, on the last day of his trip to China, said his patience with Iran was running out and that China's President Xi Jinping agreed that Tehran must not be allowed to develop nuclear weapons and should reopen the Strait of Hormuz.
The CBI's investigation into the NEET-UG 2026 paper leak has revealed communication over WhatsApp and Telegram messages. Check full modus operandi of NEET 2026 paper leak racket.
Welspun Living announced a Rs 252 crore share buyback through the tender route at a 30% premium to the previous closing price, boosting investor sentiment despite weak Q4FY26 earnings. The company reported declines in profit, revenue and EBITDA during the March quarter, while the stock gained following the buyback announcement.
The Indian rupee hit a record low against the dollar on Friday, pressured by rising crude oil prices, a strong US dollar, and hawkish US policy comments. Persistent foreign capital outflows and a widening trade deficit further weakened the currency. Global uncertainties and a lack of AI investment opportunities are impacting capital flows.
A viral Reddit post by a student claiming their father smashed a laptop and forced them to sleep on the floor after scoring 57.4% in CBSE Class 12 exams has triggered a larger conversation online about toxic parenting, academic pressure and mental health in Indian households.
Ace investor Vijay Kedia has urged Anand Mahindra to unlock the “hidden tourism giant” within Mahindra Holidays, arguing that strong demand for domestic travel and Club Mahindra’s brand strength are being overshadowed by losses at its overseas unit. He called for a strategic review to refocus on India and enhance shareholder value.
PM Modi began his five-nation tour with first stop in Abu Dhabi. He received warm welcome in UAE airspace as F-16 fighter jets flew alongside Prime Minister's plane to escort and honour the leader upon his arrival.
