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Urban Company's shares fall 11% on dismal earnings report
Urban Company's shares plummeted by 11% today, marking its biggest single-day decline since listing in September 2025.
Tema Space Innovators ETF draws attention for SpaceX pre-IPO access
Space-themed ETFs are soaring in popularity, fueled by excitement over SpaceX's upcoming IPO. Only the NASA ETF holds a pre-IPO stake, making it uniquely positioned.
Fitch Group forecasts India GDP growth slowing to 6.7%
India's GDP growth is projected to decelerate to 6.7% in FY2026-27, driven by waning economic momentum and rising crude oil prices due to the Iran-US conflict, BMI reported.
Jewelry stocks tumble after PM Modi urges skipping non-essential gold
Jewellery stocks fell sharply, with shares sinking up to 9%, following PM Modi's call to curb non-essential gold purchases to conserve foreign exchange reserves.
Google to pay $50 million to settle discrimination lawsuit
Google has agreed to a $50 million settlement in a class-action lawsuit alleging systemic racial discrimination against Black employees in hiring, pay, and advancement.
Alarmed by Modi's announcement, jewelry associations to meet PMO officials
Shares of jewelry companies such as Titan Company Ltd, Senco Gold, and Kalyan Jewellers fell by up to 11% today.
Indian rupee hits new low against US dollar
The Indian rupee has hit a new low, trading at ₹95.16 against the US dollar.
Liquor manufacturers seek price hike amid US-Iran war disruptions
India's liquor manufacturers are seeking a price hike, citing rising costs due to the ongoing West Asia conflict.
Rupee hits record ₹95.17 against US dollar, Modi urges restraint
The Indian rupee fell to Rs 95.17 against the US dollar, its weakest in 2026, as soaring crude oil prices and geopolitical tensions rattled markets after Modi’s fuel-saving appeal.
Copper nears record at $13,600 in Shanghai as supply tightens
Copper prices are nearing record highs as traders focus on tight supply and strong demand, defying geopolitical tensions from the US-Iran conflict and Middle East instability.
India's growth pegged at 7.2% for Q4 FY26
The Indian economy is expected to grow by 7.2% in the January-March quarter (Q4) of the fiscal year 2025-26 (FY26), according to a research report by the State Bank of India (SBI).
HDFC Bank exploring RBI extension for interim chair Keki Mistry
HDFC Bank's board is likely to seek a 90-day extension for interim chairman Keki Mistry, whose tenure ends on June 18, sources said.
Bitcoin steadies near $80,800 as CLARITY Act watch lifts sentiment
Bitcoin held steady near $81,000 despite strong US jobs data, supported by robust ETF inflows and optimism surrounding the Senate's upcoming vote on the CLARITY Act.
Indian rupee at 94.9650 per dollar as RBI likely intervened
The Reserve Bank of India likely intervened in the forex market on Monday, traders said, as rising oil prices fueled concerns over India's economic outlook and pressured the rupee.
Health Canada approves Biocon micafungin Monday, Biocon shares rise 1.9%
Biocon shares climbed 1.9% after Health Canada approved micafungin injection, used to treat serious bloodstream infections like Candidemia, marking a key milestone for the company.
Niva Bupa shares jump over 10% after profit hits ₹345cr
Niva Bupa Health Insurance shares soared over 10% on Monday, driven by a 67% year-on-year profit rise in Q4FY26 and robust premium growth.
Indian rupee drops to ₹94.90 after Trump rejects Iran response
The Indian rupee plummeted 139 paise to ₹94.90 against the US dollar as surging crude oil prices and foreign portfolio outflows intensified pressure on the currency.
Swiggy sales up nearly 45% to ₹6,383 cr, losses narrow
Swiggy's consolidated net sales surged to Rs 6,383.00 crore in March 2026, marking a robust year-on-year growth of 44.74% compared to Rs 4,410.02 crore in March 2025.
SBI shares slip over 3% to ₹984 after underwhelming Q4FY26
State Bank of India shares dropped over 3% following weaker-than-expected Q4 results, driven by margin compression, treasury losses, and subdued net interest income growth.
Why Swiggy's Instamart is facing a slowdown in growth
Swiggy's quick commerce business, Instamart, witnessed a slowdown in growth during the fourth quarter of FY26.
OpenAI employees sell shares worth up to $30M each
OpenAI allowed its employees, both current and former, to sell shares worth up to $30 million each in a recent secondary transaction.
Hexaware CEO R Srikrishna says clients demand AI impact quickly
Hexaware CEO R. Srikrishna highlights a shift in client priorities, moving beyond AI pilots to actionable roadmaps with measurable returns within months.
After Modi's speech, Sensex down over 1,000 points today
The Indian stock market witnessed a major crash today, with the Sensex plummeting by 1.35% (1,044 points) to 76,275. Meanwhile, Nifty fell by 1.26% (305 points) to 23,872.90.
India's liquor makers seek price hikes citing West Asia conflict
India's liquor industry faces rising costs due to the West Asia crisis, with inflation in packaging materials and fuel prices eroding profit margins.
Jensen Huang urges Carnegie Mellon grads to learn AI tools
Nvidia CEO Jensen Huang encouraged graduates, stating that AI won't replace them but mastering it is crucial. He emphasized this as the perfect time to pursue career dreams.
India's forex reserves slide to $690.7bn from $728.5bn in February
India’s forex reserves stood at $690.7 billion as of May 1, 2026, down from February’s peak of $728.5 billion due to costlier crude oil and a weaker rupee.
Sensex slumps over 800 points as Nifty falls below 24,000
Sensex dropped over 800 points, and Nifty fell below 23,950 as crude oil prices surged 3.5% following failed peace talks between the U.S. and Iran.
SBI expects India growth 7.2% Jan-March FY26, below government's 7.3%
SBI research projects India's Q4 FY26 growth at 7.2%, slightly below the earlier estimate of 7.3%, citing resilient economic activity despite global challenges.
India 10-year yield rises to 7.015% amid Middle East tensions
India's 10-year government bond yield climbed to 7.015% on May 11, marking its third consecutive rise as surging crude oil prices fueled global market volatility.
Gold slips on inflation worries and stalled U.S.-Iran peace talks
Gold prices dropped as stalled US–Iran peace talks drove oil prices higher, sparking inflation fears and raising expectations of prolonged elevated interest rates.
OpenAI employees sold $6.6B in shares at $400B valuation
OpenAI employees sold $6.6 billion in shares during a secondary transaction, with the company valued at $400 billion and 75 participants liquidating up to $30 million each.
JPMorgan lifts Kospi index target to 10,000 citing semiconductor comeback
JPMorgan Chase & Co. increased its Kospi bull-case target to 10,000, citing a semiconductor cycle upswing and corporate governance reforms driving Korean equity momentum.
Swiggy Instamart GOV dips 0.7% to ₹7,881cr in Q4 FY26
Swiggy's Instamart saw a 0.7% sequential decline in gross order value amid rising competition and strategic shifts, as rivals like Blinkit gained momentum.
Experts say Apple Intel chip deal will not dislodge TSMC
TSMC's technological edge and production stability make it indispensable for Apple's core devices, despite reports of a preliminary chip manufacturing deal between Apple and Intel.
China's producer prices surge 2.8% in April amid oil disruptions
China's producer price index rose 2.8% in April, its highest in 45 months, driven by soaring energy costs amid the prolonged Iran conflict and global oil supply disruptions.
Satya Nadella to testify in Musk v OpenAI lawsuit
Microsoft CEO Satya Nadella will testify in Elon Musk's lawsuit against OpenAI, addressing emails that reveal Microsoft's funding pivoted on the potential for profit.
Asian markets rally on AI, South Korea peaks, Nintendo slides
Asian stocks gained as AI-driven investments boosted sentiment, while oil prices surged amid prolonged Middle East tensions following Iran's rejection of U.S. proposals.
Cerebras eyes $4.8B IPO with $150-$160 range and 30 million shares
Cerebras Systems plans to increase its IPO price range to $150-$160 per share, driven by surging demand for its AI chips and strong industry adoption.
Reliance switches Jio Platforms IPO to fresh issue for retail
Reliance Industries shifts Jio Platforms' IPO to a fresh issue, prioritizing retail investor protection and enabling direct funding for debt repayment and expansion.
PIMCO warns Iran tensions could unsettle US Fed rate plans
Geopolitical tensions in Iran, disrupting oil supplies and raising energy prices, may push the Federal Reserve to delay rate cuts and consider hikes, warns Pimco's Dan Ivascyn.
Paytm, PB Fintech, Groww adopt AI to modernize wealth management
India's top fintech firms, including Paytm, PB Fintech, and Groww, are leveraging AI to enhance customer experiences, boost productivity, and unlock new revenue streams.
US-Iran conflict pushes raw material costs for India sports goods
The US-Iran war has driven up petrochemical-based raw material costs, squeezing margins for Indian sports goods manufacturers concentrated in Punjab and Uttar Pradesh.
Noel Tata to step down from Tata boards this November
Noel Tata, turning 70 this November, is preparing to retire from non-executive roles across key Tata company boards, marking a pivotal leadership reshuffle within the conglomerate.
Oil jumps after President Trump rejects Iran's West Asia proposal
Crude oil prices climbed 3% after US President Donald Trump dismissed Iran's peace proposal, escalating tensions in West Asia and impacting global energy markets.
India sets 90/120 day social security threshold for gig workers
Gig workers must work at least 90 days annually with one aggregator, or 120 days across multiple platforms, to qualify for social security benefits under the new CoSS rules.
US probes claims OBON shipped $2.5B NVIDIA servers to China
US prosecutors are probing allegations of Thai firm OBON Corp smuggling Nvidia-powered Super Micro servers to China, potentially involving Alibaba amid strict export restrictions.
Amin Nasser warns oil market could remain shaky into 2027
Saudi Aramco’s CEO Amin Nasser cautioned prolonged oil market instability due to Strait of Hormuz disruptions, as the company reported a 26% profit surge.
Armani plans to sell 15% stake to these 3 companies
The Italian fashion house of legendary designer Giorgio Armani is reportedly planning to sell its 15% stake in three equal parts.
Modi launches infrastructure, industrial projects worth ₹9,400cr in Telangana
Prime Minister Narendra Modi has launched infrastructure and industrial projects worth nearly ₹9,400 crore in Telangana.
Why Air India fired 1,000+ employees in last 3 years
Air India has terminated more than 1,000 employees in the last three years for ethical breaches.
Vodafone Idea's stock up 22% in 1-month: What's the reason?
Vodafone Idea's share price has seen a major surge, rising as much as 22% in the last month.
FMCG products might become costlier in India soon
Fast-moving consumer goods (FMCG) companies are preparing for another round of price increases in India.
Why flights from Noida may not be cheaper than Delhi
Passengers eyeing cheaper flights from the Noida International Airport (NIA) may have to pay fares similar to or even higher than those from Indira Gandhi International Airport (IGIA).
Saudi Aramco's Q1 net profit jumps 25% to $32.5B
Saudi Aramco, the world's largest oil exporter, has reported a whopping 25% increase in its first-quarter net profit.
Modi government is working on FTA utilization plan
The Indian government is working on a strategy to maximize the benefits of free trade agreements (FTAs) signed with developed countries, including the UK, EU, US, UAE and Australia.
Oil prices might touch $96 per barrel in 2026: ADB
The ongoing Middle East crisis is likely to keep crude oil prices elevated for a longer period of time.
Market cap of India's top 4 companies down ₹1L crore
The combined market capitalization of four out of the top 10 most valued companies in India has fallen by over ₹1 lakh crore.
Why Fevicol maker Pidilite plans to raise prices again
Pidilite Industries, the maker of popular brands like Fevicol and M-Seal, is considering another price hike in India.
Why India won't sign FTAs with African countries for now
India has decided to focus on strengthening commercial ties with customs unions in Africa, instead of signing free trade agreements (FTAs) for now.
China: You can now charge your EV at KFC, McDonald's
Leading fast-food chains KFC and McDonald's are stepping up their game in China by adding electric vehicle (EV) charging stations and upgrading digital services.
NVIDIA commits $40B to equity AI deals in 2026
NVIDIA, the leading chipmaker, has invested over $40 billion in artificial intelligence (AI) companies this year.
Why is the Indian stock market underperforming?
Motilal Oswal Financial Services has said in its latest strategy report that India's underperformance against major global markets is mainly due to the global artificial intelligence (AI) rally, and not a weakness in the domestic economy.
CBI raids 17 locations linked to Anil Ambani-led Reliance companies
The Central Bureau of Investigation (CBI) has raided 17 locations in Mumbai, linked to the Anil Ambani-led Reliance ADA Group.
Why Nithin Kamath doesn't want you to invest in ULIPs
Zerodha co-founder Nithin Kamath has warned investors against the pitfalls of Unit Linked Insurance Plans (ULIPs) and endowment policies.
India's mining sector can generate 25M jobs by 2047
India's mining sector could add $500 billion to the economy and generate up to 25 million jobs by 2047, a report has said.
Why Vodafone Idea has joined hands with PhysicsWallah in India
Vodafone Idea (Vi) has partnered with ed-tech company PhysicsWallah (PW) to offer integrated digital learning support for students in Rajasthan and UP East circle.
4 new labor codes in India are now fully operational
The Indian government has fully implemented four new labor codes, aimed at ensuring a minimum wage and universal social security for all workers.
2 SME IPOs to open for subscription next week
India's primary market is gearing up for a busy week, with two small and medium-sized enterprises (SME) public issues.
FII ownership in Indian equities hits 14-year-low: What's the reason?
Foreign institutional investor (FII) ownership in Indian equities has fallen to its lowest level since June 2012, according to a report by JM Financial's Fundamental Research.
Ola Cabs' losses in FY25 surge to ₹662.4cr
Ola Cabs, one of India's leading ride-hailing services, has reported a massive increase in its consolidated losses for the financial year 2024-25.
Frontier flight aborts takeoff after engine fire at Denver airport
A Frontier Airlines flight was forced to abort its take-off from Denver International Airport late on Friday (local time) after suffering an engine fire and reportedly hitting a pedestrian on the runway.
Truth Social parent reports $400M loss amid crypto value decline
Donald Trump's social media platform, Truth Social, has been hit hard by a massive financial loss.
India Post to let you send letters using digital IDs
India Post is gearing up to revolutionize its delivery system with a new digital address initiative.
Truecaller to cut 15% workforce after revenue and profit decline
Truecaller, the Sweden-based caller ID company, has announced plans to lay off 70 employees or about 15% of its workforce.
Vodafone explores partial stake transfer in India unit
Vodafone Group Plc, the UK-based telecom giant, is mulling a plan to bolster the capital of its Indian subsidiary, according to Bloomberg.
IndiGo, Air India plan 200+ aircraft leases through GIFT City
Major Indian airlines, including IndiGo, Air India, Akasa Air, and Star Air, have announced plans to lease over 200 additional aircraft through their respective leasing arms in Gujarat's GIFT City.
India might become an aerospace manufacturing hub, says Airbus
Airbus has expressed its belief that the proposed India-European Union (EU) trade deal could significantly boost aerospace manufacturing, supply chains, and technology investments in the country.
Why liquor-giant Pernod Ricard is facing antitrust probe in India
Competition Commission of India (CCI) has launched an investigation into French liquor giant Pernod Ricard.
SEBI clears IPOs of Zepto, 5 other firms
The Securities and Exchange Board of India (SEBI) has approved the initial public offerings (IPOs) of six companies, including popular quick commerce player Zepto.
Air India may suspend routes, defer salary hikes
Air India, one of the leading airlines in the country, is considering reducing flight frequencies or even suspending services on certain routes.
Citi downgrades India to 'underweight' amid macro challenges
Citi has downgraded India's stock market rating to 'underweight,' citing persistent macroeconomic and geopolitical challenges.
BlackRock deepens crypto ambitions with 2 new stablecoin-linked funds
BlackRock is set to launch two new money-market funds.
US government nears $400M TikTok settlement over child privacy violations
The US government is close to finalizing a $400 million settlement with TikTok, according to ABC News.
Google's Isomorphic Labs plans to raise more than $2B
Isomorphic Labs, the artificial intelligence (AI) drug discovery start-up spun out of Alphabet Inc's Google DeepMind, is in advanced talks to raise over $2 billion in a new funding round.
This Uber-backed bike rental company has filed for an IPO
Lime, the electric bike and scooter rental company backed by Uber Technologies, has filed for a US initial public offering (IPO).
Oracle just rebuffed negotiation of severance terms by ex-employees
Oracle recently laid off 20,000-30,000 employees via email on March 31. The abrupt termination left many workers shocked and confused.
Bharat Bond ETFs: All about this innovative investment option
Bharat Bond ETFs are an innovative investment option introduced by the Indian government to provide retail investors with an opportunity to invest in bonds through exchange-traded funds.
PPF v/s FD: How to open and operate
Public Provident Fund (PPF) and Fixed Deposits (FDs) are two popular investment options in India.
Zepto receives SEBI approval for $1B IPO
Zepto, the quick commerce start-up known for lightning-fast grocery deliveries, has received the green light from the Securities and Exchange Board of India (SEBI) to launch its initial public offering (IPO), according to The Economic Times.
Britannia to raise prices, cut packaging amid rising input costs
Britannia Industries, India's leading biscuit manufacturer, has announced plans for selective price hikes and grammage cuts this quarter.
PF withdrawals via ATMs, UPI likely from this month
The Employees' Provident Fund Organization (EPFO) is gearing up to introduce a new feature for its subscribers.
IndiGo becomes 1st airline to operate from Noida International Airport
IndiGo, India's leading domestic airline, has announced its decision to start operations from the newly inaugurated Noida International Airport in Jewar, Uttar Pradesh.
NVIDIA's market cap surpasses India's entire equity market
NVIDIA, a company once known for its gaming chips, has now surpassed the entire Indian equity market in terms of market capitalization.
Swiggy's Q4 loss narrows to ₹800cr, revenue jumps 45%
Swiggy has reported a narrower net loss of ₹800 crore for the quarter ending March 31, 2026. The figure is an improvement from the ₹1,081 crore loss in the same period last year.
KPIT founder Ravi Pandit (76), pioneer in mobility software, dies
Ravi Pandit, the co-founder and long-serving chairman of KPIT Technologies Ltd, has passed away in Pune. He was 76 years old.
India's urban youth unemployment drops below global average
India's urban youth unemployment rate has fallen to 9.9% in 2025, according to a recent report by SBI Research.