Sponsored by Prashanthi Reddy Law Offices
Sponsored by MATA – Mana American Telugu Association
Sponsored by Parivaar Ventures
8176 వార్తలు
A saree worn by Indian space scientist Nandini Harinath during a key moment in ISRO’s historic Mars Orbiter Mission has found a place at the Smithsonian’s National Air and Space Museum in Washington, DC.
BMC has announced a 10 per cent water cut across Mumbai from May 15, with reservoir levels at just 23 per cent of the city's annual requirement. The cut will also affect Thane and Bhiwandi-Nizampur
Indian outbound travel may see a temporary slowdown due to rising currency pressures and recent government remarks, prompting travellers to reconsider overseas holidays. Experts anticipate behavioural shifts rather than regulatory action, with a potential pivot towards more affordable ASEAN destinations. AI is also poised to disrupt travel aggregators, shifting consumer behaviour towards direct bookings.
One MobiKwik Systems Q4 Results: One MobiKwik Systems achieved a net profit of Rs 4.38 crore in the fourth quarter of FY26. This marks a strong recovery from a net loss in the same period last year. Revenue from operations saw an 8% increase. The company's EBITDA also turned positive.
Cisco Systems is set to report Q3 FY26 earnings on May 13, with investors closely watching AI infrastructure demand, hyperscaler spending, margins and guidance amid rising optimism around networking and cloud growth opportunities.
Indian markets experienced volatility as geopolitical tensions and rising fuel prices fueled investor caution, leading to a shift towards defensive sectors. Despite near-term range-bound trading, long-term opportunities are seen in select sectors, though gold stocks and capital goods face valuation concerns.
State Bank of India's margin drop was a key event. Analysts suggest the worst may be over for banks. Private sector banks are expected to perform well in FY27. Foreign investor flows are seen as a key factor for stock performance. HDFC Bank and Axis Bank are top picks. Paytm is also favored for its payment services.
Afcons Infrastructure shares jumped over 5% after the company secured its largest-ever international project—a Rs 7,544 crore railway construction and rehabilitation order in Croatia. The win marks Afcons’ entry into the European infrastructure market, boosting sentiment as mutual funds raised stakes and technical indicators signalled strengthening momentum.
Indian IT stocks tumbled sharply as Infosys, TCS, HCLTech and others fell up to 5%, dragging the Nifty IT index down 3%. The selloff followed OpenAI’s launch of its Deployment Company, renewing fears of accelerated AI-led disruption. Weak sentiment persisted despite a record-high Wall Street rally and a weaker rupee.
ONGC shares surged 6% after CLSA termed the government’s decision to cut crude oil and natural gas royalty rates a major positive for upstream producers. The brokerage said the move could raise ONGC’s fair value by 7-9% and Oil India’s by 9-11%. Oil India shares also gained 7.5%, while CLSA maintained a ‘High Conviction Outperform’ rating and Rs 405 target price.
Canara Bank shares rose after the lender reported a consolidated net profit of Rs 4,506 crore for Q4FY26, down 10% year-on-year and 13% sequentially. Despite the decline in profit, net interest income grew 4% YoY to Rs 9,808 crore.
Fractal Analytics reported a significant financial leap, with its Q4 profit after tax doubling to Rs 116 crore, fueled by an impressive 82% surge in its healthcare and life sciences division. The company's overall revenue also saw a healthy 17% increase. This robust performance, coupled with a debt-free status post-IPO, positions Fractal for continued expansion.
Japan's central bank, the BOJ, is feeling pressure to raise interest rates soon. Surging oil prices linked to the Iran conflict are pushing inflation higher. Some policymakers want a rate hike as early as June. This signals a shift towards tighter policy. Investors now expect a significant change in Japan's low-interest-rate era.
Alphabet and Amazon are expanding their global borrowing to fund the escalating costs of the AI race. Alphabet plans its first yen-denominated bond sale, while Amazon will tap the Swiss franc market for the first time. These moves reflect the massive investments required for AI infrastructure and cloud expansion.
Prime Minister Modi urged Indians to avoid buying gold for a year, a move seen as an attempt to protect foreign exchange reserves amidst global uncertainty and rising crude oil prices. While jewellery stocks saw a knee-jerk reaction, experts believe the appeal may cause temporary caution rather than alter India's deep-rooted affinity for gold.
Light rain and thunderstorms brought relief from scorching heat in several parts of Delhi on Monday evening. According to IMD Nowcast, showers were reported across parts of South Delhi and South West Delhi, accompanied by gusty winds and dust storm activity in some areas.
Himanta Biswa Sarma Oath-Taking LIVE: CM-designate Himanta Biswa Sarma will take oath as the chief minister for his second consecutive term today. Stay tuned for live updates.
Major Wall Street brokerages have delayed their expectations for U.S. Federal Reserve rate cuts as high energy prices and a strong labour market keep inflation concerns elevated. BofA now expects no rate cuts in 2026, forecasting easing only in mid-2027, while Goldman Sachs has pushed its expected start of rate cuts from September to December 2026.
PVR INOX shares dipped despite a return to profitability in the March quarter, reporting a net profit of Rs 187 crore. Strong performance from blockbuster films supported earnings recovery, with revenue rising 26% year-on-year. Analysts remain divided, with some maintaining 'Buy' ratings and others a 'Neutral' stance, citing content pipeline and occupancy sensitivities.
