Onward Technologies has approved a Rs 180 crore share buyback, repurchasing nearly 5.49 lakh shares at Rs 328 apiece, a 20% premium. Promoters will not participate in this first-ever buyback, with May 18 set as the record date. The company appointed Centrum Broking as the buyback manager.

Copper prices surged to record highs globally, with MCX copper rising 1.3% amid supply disruptions and strong demand from electrification and AI-linked sectors. Analysts cite tightening supply chains and geopolitical tensions as key drivers. Despite a recent pullback, technicals and fundamentals suggest continued bullish momentum with dip-buying opportunities.

The Senior Citizens Savings Scheme offers retirees a popular fixed-income investment with government backing and quarterly payouts. Eligible individuals can invest, extend their accounts multiple times, and earn an 8.2% annual interest rate. 

An analysis of mutual fund portfolios revealed 29 stocks held exclusively by single schemes, with most underperforming in CY26. However, Satin Creditcare Network, Rossell Techsys, and Amanta Healthcare bucked the trend, delivering strong returns. Brooks Laboratories and EFC (I) were among those experiencing significant declines.

ChatGPT explains whether a 10-day solo Bali trip from Delhi can realistically be done within ₹1 lakh. Check the detailed AI breakdown on flights, cafés, beaches, hotels, hidden costs and the smartest Bali itinerary.

Speaking at the CII Annual Business Summit 2026, Petroleum Minister Hardeep Puri said India has sixty days of crude oil and LNG stock, and 45 days of rolling stock of LPG

Now, with NEET-UG 2026 cancelled and a fresh investigation underway, the same questions are being asked again — about transportation of question papers, security protocols, digital monitoring and accountability within the NTA.

The broader market is slightly underperforming the benchmarks, also facing pressure with the Nifty Smallcap 250 falling almost 2.61%, and the Nifty Midcap 150 dropping about 2.04%.

Not all users will see the option to subscribe right away as the rollout is expected to expand to more accounts over the coming weeks.

They arranged for medical assistance at the nearest station, where ambulances and healthcare professionals were kept ready to receive the passengers.

Nifty IT was the worst-performing sector, down about 3.6%, followed by Nifty Realty and Nifty Defence, which also fell over 3%. Media and FMCG indices declined more than 3% each.

Rupee opened at Rs 95.57 against the US dollar and then fell further to an all-time low of Rs 95.63

Global energy markets are entering a structurally tighter phase due to years of underinvestment in crude oil and refining. While renewables are growing, grid constraints persist, and downstream product shortages are emerging, signaling a multi-year squeeze across the energy sector.

His absence in oath taking ceremony brought back a rare 2022 interview in which Vijay had spoken about Jason with quiet pride and unusual restraint.

Market experts share their insights on fundamentals and technical levels for key stocks.

EMI bounce on any form of debt can quickly damage your credit score. A single missed payment may significantly reduce scores, affect loans, and increase interest rates for borrowers over time. 

EMI bounce on any form of debt can quickly damage your credit score. A single missed payment may significantly reduce scores, affect loans, and increase interest rates for borrowers over time. 

The opening weekend registered strong numbers with the first Saturday collecting Rs 10.55 crore and Sunday bringing in Rs 12.00 crore, across both versions.

The exam had been held on May 3, with over 22.7 lakh students appearing across the country.

These passive funds are falling less than the broader market during sharp corrections, but advisers say the trade-off is slower gains in strong rallies.

The employee filed a consumer complaint against EPFO in the Chandigarh district commission and sought transfer of the balance amount along with interest, compensation, as well as litigation costs.

Despite foreign investor outflows, domestic investors are bolstering Indian equities, keeping benchmark indices resilient. Market veteran Gautam Trivedi notes a divergence between the economy and stock market, with India appearing unattractive to foreign investors compared to AI and commodity-linked emerging markets. Domestic inflows, driven by retail and institutional investors seeking better returns, are offsetting FII exits.

The murder took place just two days after the West Bengal Assembly election results were declared on May 4.

The National Testing Agency (NTA) cancelled the NEET (UG) 2026 examination, which was conducted on 3 May 2026 over paper leak allegations.The decision to cancel the examination comes after inputs examined by NTA in coordination with central agencies and investigative findings shared by law enforcement agencies.

But Tokyo Electron gave ​up early ​losses to end 0.14% higher. Advantest, which ⁠fell as much 1.5%, recovered most of its ​loss to edge 0.26% lower.

After the 2020–24 bull run, markets have turned sideways and volatile. In this phase, discipline, risk control and defensive positioning matter more than aggressive stock picking.

Euro zone bond yields surged as hopes for a U.S.-Iran peace deal diminished, with markets now anticipating three European Central Bank interest rate hikes this year. Rising oil prices and geopolitical uncertainty contributed to a more downbeat market sentiment, while German inflation remained at 2.9% in April.

The Realme 16T 5G will launch in India next week and arrive in three colours.

For upstream producers like Oil India, royalty is a direct deduction from gross revenues. A lower rate means more of every barrel produced flows to the bottom line.

The All India NPS Employees Federation has urged the 8th Pay Commission to consider an assured pension equivalent to 50% of the last drawn salary, along with dearness allowance.

Bharti Airtel Q4FY26 results date: The company will hold an investor/analyst conference call at 12 p.m. on Thursday, May 14.

Bitcoin slipped below $81,000 after briefly crossing $82,000 as geopolitical tensions rose following US President Donald Trump’s rejection of Iran’s peace proposal. Despite volatility, BTC held key support, while institutional buying and ETF inflows signalled steady demand. Altcoins were mixed, with select tokens gaining while others declined.

Gaurik Fashions has filed draft IPO papers with Sebi to raise funds through a fresh issue of 62 lakh shares and an OFS of 8 lakh shares by Aries Opportunities Fund. The retailer, which operates stores for brands such as Skechers, Guess and Bugatti, plans to use the proceeds to expand its retail footprint by opening new stores and funding inventory requirements across its subsidiaries.

The decision, by the Government of India, follows inputs examined by NTA in coordination with central agencies and investigative findings.

Jyothy Labs shares dropped significantly after the company revealed that licence agreements for popular dishwash brand Pril and personal care brand Fa with Henkel will end in May 2026. This marks the conclusion of a long-standing partnership. Jyothy Labs is now focusing on its own brands, particularly Exo in the dishwash segment.

Foreign investors are fueling a currency-stock market spiral, despite resilient domestic earnings. Analyst Sandip Sabharwal highlights strong corporate results and steady SIP inflows as market anchors. While retail trading has cooled, patient investors can look forward to a rebound once global sentiment improves, with Indian Hotels identified as a promising long-term pick.

The National Testing Agency has cancelled the NEET UG 2026 exam held on May 3 due to verified irregularities and will re-conduct it on new dates to ensure transparency and fairness.

The company did not reveal the identity of the hacker group but noted that its own Gemini model was not involved.

Gold jewellery stocks including Titan, Kalyan Jewellers and Senco Gold fell up to 14% in two sessions after PM Modi urged citizens to reduce gold purchases amid rising oil prices and FX pressures. Brokerages flagged possible policy signals, including import curbs and tighter capital controls, though analysts say long-term demand remains structurally strong.

Amid active consultations, the 8th Pay Commission sees strong union demands for revised pay, fitment factor hikes, pension reforms and allowance restructuring for government employees. These demands will be considered holistically before the final recommendations of the Commission. 

Oil marketing companies are losing nearly Rs 1,000 crore every day, with quarterly losses estimated at around Rs 1 lakh crore, Puri said.

Kotak noted that while the direct economic fallout of escalating Middle Eastern tensions — specifically the conflict involving Iran—has been largely muted over the last eight weeks, that grace period is ending.

Vedanta shares rallied after the Centre reduced royalty rates on crude oil and natural gas production, a move expected to lower costs for the company’s Rajasthan fields and support upstream exploration. Brokerage CLSA said the royalty cut could significantly benefit Vedanta, while investors also await the listing of its demerged entities.

Since the money comes from tax-paid rental income of the HUF, it should NOT be taxable in your hands in India.

Vijay, who launched TVK in 2024, had made TASMAC reform a cornerstone of his campaign. He had accused the previous DMK government of enabling largescale corruption within the corporation

Married couple from Bengaluru, shared why someone can be earning well and still feel poor in the city. Both product managers, shared their over ₹1 lakh monthly budget without including vacations, investments or any luxury purchase.

India’s reluctance has left an LNG cargo from ‌Russia’s U.S.-sanctioned ⁠Portovaya plant in the Baltic Sea unable to discharge, despite indicating India as ⁠its destination in mid-April

Beijing has said it is ready to work with the United States in pursuit of "more stability"

Global markets remain strong, prioritizing AI and technology over West Asian conflicts. Investors believe the war will be short, allowing focus on future tech growth. The US and Europe are seen benefiting from the AI revolution. A key focus is the upcoming Trump-Xi meeting, which could define US-China tech rivalry.

The Staff Side has argued for replacing the earlier three-unit framework with a broader five-unit system covering the employee, spouse, two children and dependent parents.

The broader market is slightly underperforming the benchmarks, also facing pressure with the Nifty Smallcap 250 falling almost 1.27%, and the Nifty Midcap 150 dropping about 0.87%.

Shares of Vodafone Idea fell nearly 4% after the company clarified it had not received any communication from Vodafone Group regarding a reported stake transfer proposal. The clarification followed an 8% rally triggered by reports suggesting Vodafone Plc may transfer part of its stake to strengthen Vodafone Idea’s balance sheet and fundraising efforts.

South Korea is discussing sharing the wealth generated by artificial intelligence. A government official suggested distributing AI profits, causing a stir in the stock market. Companies like Samsung and SK Hynix are seeing huge profits from AI chips. This move highlights concerns about wealth concentration and calls for broader economic benefits for citizens.

Nifty IT was the top sectoral laggard, falling about 2.4%, followed by declines in defence, realty, media, pharma and FMCG. Banking and auto indices also traded lower.

Bose is suspected to have played a direct role in providing jobs to around 150 employees across various categories in the South Dum Dum Municipality, recommending them for positions in exchange for financial benefits.

End-to-end encrypted RCS messaging is beginning to roll out in beta to iPhone users on iOS 26.5, as well as to Android users running the latest version of Google Messages.

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.

The development comes ‌as OpenAI and Microsoft renegotiated a contract last month

A meeting of the Board of Directors of Tata Motors is scheduled on May 13 to consider and approve the financial results for the fourth quarter of FY26

Dixon share price dropped 3.69% intraday to Rs 10,374 apiece.

One MobiKwik Systems Q4 Results: The company’s revenue from operations came in at Rs 289 crore, a jump of 8% from Rs 268 crore in the same quarter last year, the company said in a regulatory filing today.

Trump is scheduled to arrive in Beijing on Wednesday for a state visit running through May 15 — the first by an American president in nearly nine years.

The GST Council is expected to meet before mid-July,  just ahead of the monsoon session of Parliament, with ride-hailing taxation and broader compliance simplification both on the likely agenda.

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.

A minor is eligible to have a PPF account, but it must be managed by a parent or guardian until the child becomes an adult.

The Treasury Department said the IRGC has increasingly used offshore shell companies to conceal Iranian oil sales to China.

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.

India has refused a sanctioned Russian LNG cargo despite energy shortages, with the Kunpeng vessel now stranded near Singapore. The move reflects New Delhi’s effort to balance energy security with compliance risks from Western sanctions.

Gaurik Fashions aims to utilise the proceeds of the issue to set up six new stores for Skechers.

Defeat leaves PBKS needing two wins from their last three games, while DC must win both remaining matches and depend on other results to qualify.

The Central Board of Secondary Education (CBSE) is expected to release the Class 12 annual examination results on May 12, 2026. Although an official confirmation from the board is still awaited.

In the last 30 minutes, hundreds of people in India alone have reported issues with Google Search but users across the globe, including the USA, have also reported outages.

A sharp rebound in small-caps has lifted sentiment, but the bigger question is whether the fundamentals support it.

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.

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.

The broader market is slightly underperforming the benchmarks, also facing pressure with the Nifty Smallcap 250 falling almost 1.27%, and the Nifty Midcap 150 dropping about 0.87%.

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.

Rupee opened at Rs 95.57 against the US dollar and then fell further to an all-time low of Rs 95.63

The ‌venture, ⁠which will be majority owned and ⁠controlled by OpenAI, also comes as rival Anthropic enjoys strong success

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.

The 30-share BSE Sensex falls by 525.44 points to 75,489.84 in early trade. The 50-share NSE Nifty drops 164.5 points to 23,651.35

Gold and silver prices stayed largely steady on 12 May, with minor changes across major Indian cities. MCX futures edged higher amid ongoing geopolitical tensions and safe-haven demand, while precious metals continued their strong yearly rally.

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.

At the interbank foreign exchange market, the Rupee opened at 95.57 against the U.S. dollar and then fell further to an all-time low of 95.63 against the greenback

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.

As with previous updates in the iOS 26 lineup, the new release is compatible with iPhones launched from 2019 onwards. This includes the entire iPhone 11 range and newer models.

Some of the biggest IT stocks in India are trading with huge losses. TCS and Infosys, two of the biggest IT companies, have both fallen more than 3% while others such as Wipro, HCLTech and LTM are also down 2% or more.

Nifty IT was the top sectoral laggard, falling about 2.4%, followed by declines in defence, realty, media, pharma and FMCG. Banking and auto indices also traded lower.

The Securities and Exchange Board of India mandates a minimum of 20% of post-issue promoter capital lock-in for 18 months, starting from the date of allotment or trading approval.

ONGC shares advanced 5.16% to Rs 295.5 apiece.

Mold-Tek Packaging delivered a robust Q4, with net sales increasing 17.4% YoY to Rs 238 crore and Ebitda rising23.1% YoY to Rs 48.1 crore.

Global investors returned strongly to emerging markets in April, with $58.3 billion in inflows after March’s $66.2 billion outflow, driven mainly by debt markets. According to IIF, easing geopolitical tensions and stabilising conditions restored risk appetite, though concerns remain over energy costs and whether the rebound is sustainable.

Closing arguments for the trial will happen on Thursday, U.S. District Judge Yvonne Gonzalez Rogers said

Spot silver was little changed after surging more than 7% on Monday, following a report on the liquidity crisis of a state-owned oil firm in Peru.

​Goldman Sachs has identified twelve stocks for investors looking at the medium term. These companies are expected to perform well as foreign investor sentiment improves. The list includes prominent names like Paytm and Swiggy. Foreign ownership in these selected stocks has decreased, and they are trading at attractive valuations.

BMC will impose a 10 percent water cut from May 15 due to low reservoir levels amid forecasts of below-average monsoon rainfall caused by El Nino.

Nobel Hygiene, a hygiene products manufacturer backed by Quadria Capital, is exploring an initial public offering in India that could raise up to $300 million. The company has begun preliminary discussions with investment banks regarding a potential listing. The proposed IPO may involve both new share issuance and secondary sales by existing investors.

MCX gold June futures contract opened 0.14% up at Rs 1,53, 661 per 10 grams, while the MCX silver July futures surged 1.01% to Rs 2,81,133 per kg.

HDFC Securities, in its latest Q4 FY26 results review, has shared a mixed outlook on Indian Hotels, MCX, Oberoi Realty, Sonata Software, Birla Corpwith clear stock-specific calls spanning Buy, Add and Reduce ratings along with revised target prices.

Gold and silver prices rose on MCX Tuesday as investors turned cautious ahead of key U.S. inflation data. Weakening hopes of a U.S.-Iran peace deal lifted crude oil prices, fuelling concerns that persistent inflation could keep global interest rates higher for longer.

The Indian Hotels Company Limited (IHCL) reported a 15% year-on-year rise in net profit to Rs 600 crore for Q4 FY26, despite a 36% sequential decline. Revenue also saw a year-on-year increase but a sequential dip. The company acknowledged the impact of the Iran-US war on its operations, particularly in Dubai.

Reliance Jio may change its IPO plan. Instead of existing investors selling shares, it could be a fresh issue. This means money goes directly into Jio Platforms for debt reduction and expansion. This move could restore investor faith in large Indian IPOs. It might set a new standard for future mega listings. The market will watch this development closely.

PM Narendra Modi welcomed the decision to implement Ayushman Bharat in West Bengal.

Top picks include bullish setups in Alembic Pharma and Genus Power, alongside a tactical short position in Blue Star May Futures following its recent earnings announcement.

Sameer Mathur, MD of Roinet Solution, shares how cricket and pickleball influence his business approach. He highlights adaptability, quick decisions, and teamwork. Mathur explains how reading changing conditions and balancing speed with precision are key. Building resilient organizations requires agility and trusting the process. Empowering teams creates long-term competitive advantage.

Prime Minister Modi urged citizens to avoid foreign travel, reduce fuel and edible oil consumption, and hold online classes amid Middle East crisis impacting global supply chains.

HDFC Securities, in its latest Q4 FY26 results review, has shared a mixed outlook on Indian Hotels, MCX, Oberoi Realty, Sonata Software, Birla Corpwith clear stock-specific calls spanning Buy, Add and Reduce ratings along with revised target prices.

“In light of the ongoing tensions in West Asia, companies have already adopted prudent energy management measures across campuses,” Nasscom said

Five NSE F&O stocks, Dalmia Bharat, Tata Consumer Products, Kaynes Technology India, Bharti Airtel and Biocon, recorded sharp futures open interest gains on May 11, signalling increased trader participation and fresh positioning activity.

JSW Energy shares are in focus after a strong March quarter. The company reported a 38% profit jump and 41% revenue growth year-on-year. Power sales volume climbed significantly. Renewable and thermal generation saw substantial increases. The company also recommended a dividend payout. This performance boosts investor interest.

JSW Energy share priced decline 8% on Tuesday. The company reported a 38% profit jump and 41% revenue growth year-on-year. Power sales volume climbed significantly. Renewable and thermal generation saw substantial increases. The company also recommended a dividend payout. This performance boosts investor interest.

The agenda is expected to focus on trade deals, the ongoing US-Iran conflict, Taiwan, artificial intelligence, and critical minerals, with a delegation of American CEOs likely to accompany Trump

The government has reduced onshore crude oil royalty rates for nominated blocks and pre-NELP Production Sharing Contracts from 20% to 12.5%. Meanwhile, the royalty rate on New Well Gas has been reduced from 10% to 9%.

Existing investors in Billionbrains Garage Ventures, parent of Groww, plan to sell shares worth Rs 4,750 crore through secondary market transactions. The deal, involving Peak XV, Ribbit and Sequoia-backed entities, is priced at an 8.5% discount to the prevailing market price and may keep the stock in focus during Tuesday’s trading session.

Existing investors in Billionbrains Garage Ventures, parent of Groww, share price tanked 7% after Rs 5,637 crore block deal through secondary market transactions. The deal, involving Peak XV, Ribbit and Sequoia-backed entities, is priced at an 8.5% discount to the prevailing market price and may keep the stock in focus during Tuesday’s trading session.

On May 11, five Nifty500 stocks closed over 2% below their VWAP levels, indicating rising bearish pressure. A close below the volume-weighted average price suggests stocks ended the session weaker than their average traded price, reflecting increased selling interest, deteriorating intraday sentiment, and possible short-term weakness in select market counters.

PVR-INOX has done a commendable job in reigning in operating and optimising capital costs, while also deleveraging the balance sheet, however, its business remains highly sensitive to occupancy, which depends on the quality and consistency of content.

Pfizer, Nazara Technologies, Thomas Cook (India) and Torrent Power are among the prominent names that will declare quarterly results on May 12.

Arcadia Mayor Eileen Wang faces federal charges for acting as an unregistered agent of China, promoting PRC interests from 2020 to 2022.

Technical indicators point to rising pressure on the index at a time when traders are tracking expiry-related volatility.

We have collated a list of recommendations from top brokerage firms from ETNow and other sources:

Indian state refiners are expecting a modest increase in retail fuel prices within days, as the government seeks to balance the impact of the ten-week war in the Persian Gulf and the needs of consumers.

Stocks in the news, big brokerage calls of the day, complete trade setup and much more!

Top picks include hospital major Apollo Hospitals, newly-listed EV player Ather Energy, alongside JBM Auto and Gallantt, with a tactical short position on Eternal.

Brent crude traded above $104 a barrel, after climbing 2.9% in the previous session, while West Texas Intermediate hovered near $98.

While the Iran conflict has dragged on, the strength of first-quarter earnings surprises has now led multiple Wall Street strategists to raise their full-year targets on the S&P 500.

Asian stocks advanced, buoyed by continued optimism in the AI sector, even as US-Iran peace talks faltered. Oil prices climbed, with West Texas Intermediate holding above $98 a barrel. Higher oil prices contributed to rising Treasury yields, as investors priced out Fed rate cuts this year.

South Korea led gains in the region after the Kospi jumped more than 2%, extending gains after hitting a record high in the previous session.

Markets experienced a sharp risk-off session on Monday, with indices declining amid broad selling. Investors are advised to avoid aggressive index bets and await clearer directional signals. Pharma and healthcare stocks remain preferred, while dips in energy and metal sectors offer accumulation opportunities.

REIT and InvIT issuances are attracting significant investor interest, outperforming traditional IPOs amid equity market volatility. These trusts offer stable, annuity-like income from operational assets, providing predictable cash flows and attractive returns, making them a preferred choice for investors seeking resilience and steady income.

Gold jewellery stocks plummeted after Prime Minister Modi urged citizens to avoid gold purchases for a year to conserve foreign exchange. While this impacted investor sentiment and the near-term outlook, analysts believe underlying consumption trends, especially for weddings and organized players, remain strong for the long term.

BofA Securities India has settled a case with Sebi for alleged insider trading violations by paying ₹58.5 lakh. The market regulator had issued a show cause notice last year, alleging the merchant banker failed to maintain a structural digital database (SDD) as required by insider trading norms. This settlement resolves the adjudication proceedings initiated by Sebi.

Sebi has proposed allowing depositories to use up to 5% of their investor protection fund (IPF) income for administrative and statutory expenses. This move aims to align IPF trust operations with existing stock exchange frameworks. The IPF corpus for NSDL and CDSL stood at ₹87.78 crore and ₹95.18 crore respectively as of March 31, 2026.

The revenge of ‘glocal’

The funding round saw participation from Abler Nordic, GAWA Capital (through its vehicle Huruma Fund) and Oikocredit, the company said in a statement.

Soaring price of cooking fuel is sending many urban migrant labourers back to their villages

Iran war pushes up price of cooking fuel and sends many urban migrants back to villages

US stocks closed slightly higher as AI-driven momentum lifted semiconductor shares, even as rising crude prices and stalled US-Iran talks kept inflation worries alive. Strong earnings supported sentiment, with over 80% S&P 500 firms beating estimates. Focus now shifts to US inflation data and key macroeconomic indicators this week.

Also in this newsletter, all that glitters is gold

India denies plans to raise gold and silver import duties. Prime Minister Modi urged citizens to avoid gold purchases amid economic pressures. The government official confirmed no duty hikes are planned. Gold and silver imports saw significant increases last fiscal year. Industry experts suggest potential smuggling if duties rise. The jewellery sector is adapting to maintain affordability.

Microfinance has become a double-edged sword, with substantial debt levels amassing to about ₹15,800 crore among borrowers juggling multiple loans. These individuals, often in over their heads, face the harsh reality of being ineligible for new loans. As they struggle with repayment, the risk of defaults looms large over the microfinance landscape.

Bank of Baroda anticipates tighter margins this fiscal. Sticky deposit rates and restricted lending rate increases will impact profitability. The bank plans to enhance fee income to offset this. A new primary dealership business will support debt capital market expansion. Efforts are underway to strengthen subsidiaries like BoB Cards and Nainital Bank.

On the upside, Nifty 50 will face strong hurdle at 23,930-23,960 levels, analysts said.

According to SEBI, it was alleged that BofA Securities India, being a merchant banker, failed to maintain the Structured Digital Database (SDD) as prescribed under PIT regulations.

Seven lakes - Upper Vaitarna, Modak Sagar, Tansa, Middle Vaitarna, Bhatsa, Vehar, and Tulsi - with a combined storage capacity of 14.47 million lakh liters provide Mumbai with drinkable water.

UPL, JSW Energy and Canara Bank were among the companies that reported Q4 earnings on May 11, 2026.

The SBI chairman also said India would need massive capital mobilisation to achieve the Viksit Bharat goal by 2047.

Theoretically, if the situation does not improve and losses remains consistent, these companies have only two more quarters before their net worth slip into negative territory.

NDTV Profit counts down the seven companies to watch for dividend declarations along with their respective details.

Rameswar Teli, Atul Bora, Ajanta Neog among leaders to join the ministry; Ranjeet Das to be new speaker.

Silver prices rallied sharply across global and Indian markets on Monday even as gold slipped, with technical indicators pointing towards a possible recovery after months of steep decline.

On May 11, 2026, the guests in The Late Show with Stephen Colbert will include Jimmy Kimmel, Jimmy Fallon, Seth Meyers and John Oliver.

Speaking at the CII Annual Business Summit (2026), MNRE Secretary Santosh Sarangi mentioned that addressing curtailment-related issues was particularly imperative.

Twin shocks of energy crisis and deficient rainfall will lead to this, HSBC said

The ITA provision on tax clearance certificate specifically excludes persons who are not domiciled in India and visit India for purposes not connected with business, profession, or employment.

The total outstanding SIPs also stagnated at around 10.4 crore for the fourth consecutive month

People now come to Danapur for haircuts and shaves rather than cash withdrawals, and the unconventional setup has become the buzz of the town.

Musk joins Trump-led China visit as Tesla seeks FSD approvals amid falling China retail sales and growing scrutiny over Beijing ties.

Every individual has to budget and save for possible medical and health related expenses. Here is the difference between a health fund and health insurance, why you may need both and how much to save…

‘Next chapter of India’s rise will be written by technology and innovation by the youth’

Alpha Wave Ventures reduced its stake in Lenskart through a major open market transaction, selling 2.46% holding in the eyewear retailer. Despite the stake sale, analysts remain optimistic on Lenskart’s long-term growth, citing strong revenue potential, operational scale and improving profitability outlook.

Mumbai

Ceasefire cracks deepen as Trump warned that Iran truce is on "life support".

Satin Creditcare Network reported a sharp rise in fourth-quarter profit driven by business growth, lower bad loan provisions and improved asset quality. The microfinance lender also recorded strong annual earnings growth, while assets under management expanded steadily across its lending businesses.

Despite a 50 per cent surge in input crude oil prices, petrol and diesel continue to be priced at a two-year-old rate of Rs 94.77 a litre and Rs 87.67 per litre respectively. Domestic cooking gas LPG prices were raised in March by Rs 60 per cylinder, but they are still way lower than the actual cost.

Since the war broke out in the Middle East 10 weeks ago, state-owned oil marketing companies (OMCs) have ensured uninterrupted supplies of petrol, diesel and cooking gas LPG at rates that are way below cost, unlike many global energy systems that imposed rationing or passed through steep price increases.

Existing investors in Groww, including Sequoia Capital and Ribbit Capital, plan to sell shares worth Rs 4,750 crore through block deals at a discount. The proposed transaction triggered a sharp decline in the stock price amid concerns over large institutional stake sales.

Nifty extended losses for a third straight session amid heavy selling in banking, auto and energy stocks. Analysts warned of a bearish trend after technical breakdowns below key moving averages, while recommending Tata Consumer and Welspun Corp as bullish positional trading opportunities

Teaching children about money is best done through intentional behaviour and practical systems. ChatGPT recommends clear allocation methods, experiences financial consequences, and encourages emotional connections to saving. 

Leo Schilperoord, 70, has been designated as "patient zero" after the WHO reported eight hantavirus cases, including three fatalities.

Pharma and biotech stocks rallied after the WHO flagged a hantavirus outbreak linked to a cruise ship, reviving investor bets on vaccine makers and outbreak-response specialists despite officials assessing the public health risk as low.

The spring IPO market is seeing a strong pickup in activity after a brief lull ​in March as issuers look past geopolitical uncertainty ⁠to move ‌ahead with their listing plans.In the busiest ​week for ​big IPOs since 2021, three billion-dollar offerings are ⁠set to price, according to Renaissance Capital, a provider ​of IPO-focused research and ETFs.

Rising global fertiliser prices linked to the West Asia crisis push up India’s subsidy burden, even as the government keeps retail rates unchanged for farmers.

A ₹10 lakh post office FD earning 7.5% and a ₹10,000 monthly recurring deposit earning 6.7% can grow into a corpus close to ₹1 crore over 20 years through compounding. However, inflation may significantly reduce the real value of these returns, making long-term planning and diversification crucial.

"Whenever India faced war or any major crisis, citizens fulfilled responsibility on government appeal; we need to do same now," Modi said.

The former World Championships medallist arrived for the National Open Ranking Tournament, and met WFI president Sanjay Singh after the federation refused to allow her participation, maintaining that disciplinary proceedings against her were still pending.

Dhurandhar: The Revenge collected around Rs 0.19 crore net in India on Day 54, according to Sacnilk. The film is currently running across 545 shows nationwide.

Avoid sharing credit card with friends, family. If your reported income is not sufficient to pay back your credit card debt, or your expenditures far exceed your income capacity, it may trigger a notice from the authorities.

Family businesses often confuse control and execution with true ownership. While running the business drives performance, ownership is revealed in capital discipline, long-term judgment and the ability to balance growth with preservation across cycles.

Have you lost the chance to buy HDFC Bank Ltd.stock at an attractive share price? Should you sell Jyothy Labs Ltd.?

Zerodha co-founder Nikhil Kamath questioned the long-term suitability of dollar-backed stablecoins for India and proposed exploring a gold-linked stablecoin. He said such a model could monetise idle household gold holdings while reducing dependence on dollar-dominated digital financial systems and supporting India’s strategic interests.

The Devil Wears Prada 2 opened to $77 million in North America across 4,150 theatres. In comparison, the original The Devil Wears Prada had opened with $27.5 million in 2006.

At present, stock exchanges are permitted to use a maximum of 5 per cent of the interest or income generated from IPF investments for meeting expenses related to dedicated employees of the IPF Trust, administration of Investor Service Centres, and other statutory and administrative expenses such as taxes, audit fees and charity commissioner fees. However, no such provision exists for depositories.

As per the government release, the overall Labour Force Participation Rate (LFPR) for persons (15+ years) reported as 55.5% in January-March 2026 compared to 55.8% in the previous quarter.

The person was not ​authorized to speak on the matter and declined to be identified. Alphabet did not immediately respond to ​a Reuters request on the offering size.

The RBI expects GDP growth to be at 6.9% for 2026-27, according to an estimate released in the prior month.

The sources added that Kotak Securities and JP Morgan are the bankers to deal.

Dutta claimed that the Argentine football icon objected when authorities detained him on the aircraft while the team was preparing to leave for the next destination.

HSBC raised its 2026 S&P 500 target to 7,650, citing strong corporate earnings and resilient technology stocks. The brokerage said improving AI adoption, broader market participation and easing macro conditions could potentially push the index beyond the 8,000 mark despite lingering inflation and oil price risks.

Silver prices rallied sharply across global and Indian markets on Monday even as gold slipped, with technical indicators pointing towards a possible recovery after months of steep decline.

Union Petroleum Minister Hardeep Puri had mentioned that OMCs were staring at under-recoveries of about ₹2 lakh crore in the ongoing quarter.

Gold and consumer electronics are considered non-essential imports and steps could be taken to restrict those items.

The MEA has dismissed reports of an India-UAE evacuation plan via Fujairah and warned against AI-generated deepfake videos spreading misinformation.

BSE launched India’s first futures and options contracts linked to the Focused IT Index, offering investors new hedging and trading opportunities in the technology sector. The launch attracted strong participation, reflecting growing interest in sector-specific derivatives amid evolving market dynamics and global technology trends.

The wider index, S&P 500, was down 0.3% at 7,396.66, whereas the tech-heavy Nasdaq Composite was down 0.2% at26,194.61 at 9:36 am EST.

Wall Street’s main indices traded mixed on Monday, pausing after a record-setting rally last week as renewed concerns over stalled U.S.-Iran negotiations dented risk appetite and lifted oil prices. Crude surged nearly 3% amid fears that prolonged tensions could disrupt shipping through the Strait of Hormuz, a critical global supply route.

On Friday, reports had suggested that Vodafone Plc may transfer part of its stake in the Indian telecom operator to the company itself as treasury shares.

I asked ChatGPT to calculate the how much savings corpus I should build for my old age as a freelance artist with irregular income, living in Pune. Here is what artificial intelligence (AI) chatbot said…

The second week opened on a slow note, with the film earning Rs 3.2 crore on Friday. However, collections picked up over the second weekend, with the film raking in Rs 5.6 crore on Saturday and Rs 6.8 crore on Sunday.

Here are the films and web series releasing this week on platforms like Netflix, JioHotstar, Prime Video and Apple TV+.

In three sessions since Thursday (May 7, 2026), Nifty dropped over 2% or 515 points, while Sensex has fallen by nearly 1,950 points or 2.5%.

An official said the Central and State governments are making efforts to promote the balanced use of fertilizers and curb excessive use

BPCL Chairman Sanjay Khanna has stressed on expanding LPG storage, at a time when geopolitical tensions and supply disruptions sharpen focus on long-term energy security.

RBI data shows that the real growth areas in terms of foreign spending are purchases of immovable assets abroad and investments in foreign debt and equity

Cervical cancer is one of the most common cancers affecting women in India; the campaign highlights key facts about cervical cancer, its link to the human papillomavirus (HPV), and seeking guidance

Gold prices are expected to remain volatile with a mild downside bias this week as traders monitor US inflation data, Donald Trump’s China visit and US-Iran talks. Technical indicators suggest cautious sentiment, while analysts recommend a sell-on-rise strategy amid resistance near higher levels.

Here are films and web series that can be watched over the weekend on OTT platforms like JioHotstar, Netflix and Amazon Prime Video.

According to the couple, rent takes up the largest share of their monthly budget. They said they pay ₹56,000 every month for their apartment.

A small clip showed Rakul Preet Singh casually walking in what many people believed was inside the protected sanctuary area, the restricted region where visitors are not allowed to leave their vehicles.

John Neff’s timeless reminder urges investors to stay disciplined during market inflection points—those uneasy phases when trends shift, portfolios wobble, and emotions run high. While uncertainty can trigger panic, long-term wealth is built by holding conviction, avoiding impulsive decisions, and recognising that temporary pain often precedes lasting opportunity.

UPL, JSW Energy and Canara Bank among companies to report Q4 earnings today.

The Royals is a Netflix India romantic comedy drama series that follows the love story between Sophia Kanmani Shekhar (Bhumi Pednekar) and Maharaj Aviraaj Singh (Ishaan Khatter), the charming heir to a royal family.

Utqiagvik, Alaska, has entered its annual "midnight sun" season, with the sun set to remain visible for 84 straight days until August 2026.

While Nifty plunged 360.30 points or 1.49% to close at 23,815.85, the BSE Sensex settled at 76,015.28, down 1312.91 points or 1.70%.

While Nifty plunged 360.30 points or 1.49% to close at 23,815.85, the BSE Sensex settled at 76,015.28, down 1312.91 points or 1.70%.

While Nifty plunged 360.30 points or 1.49% to close at 23,815.85, the BSE Sensex settled at 76,015.28, down 1312.91 points or 1.70%.

In an attempt to reassure worried residents, the X account later stated that weather conditions were likely to improve from Tuesday onwards.

Honasa Consumer’s board will consider a final dividend on May 21 alongside Q4 FY26 results, potentially making Mamaearth’s parent the first listed new-age company to reward shareholders with a dividend amid improving stock performance and steady business growth expectations.

Once the results are declared, students can access their provisional mark sheets online via the official website, SMS service, and DigiLocker.

Rising crude prices and mounting LPG under-recoveries threaten to erase OMC profits, even as the Centre rules out immediate fuel price hikes.

Processors anticipate a hike of about 5 rupees a liter for diesel and gasoline, to help mitigate an estimated loss of 10 billion rupees ($105 million) a day on fuel sales.

In recent years, the board has typically followed to a mid-May announcement schedule. The CBSE Class 12 Results for 2025 were announced on May 13, and in a similar manner, results for 2024 were declared on May 13.

Oil Secretary Neeraj Mittal said India has sufficient fuel supplies and no plans for rationing, even as the government urges citizens to adopt energy-saving measures.

As part of its consultation process, the 8th CPC opened submissions and held meetings in Delhi in March and in April. Now, visits are scheduled in Telangana, Ladakh, Jammu & Kashmir and Delhi in May and June.

With a 2-0 win over Real Madrid, Barcelona sealed back-to-back La Liga tile wins. So which of the two clubs have been more historically more successful?

Anupam Kher urged the Maharashtra government to preserve the iconic spot as a cinematic heritage site and tourist attraction.

Supply disruption from the Middle East will continue to impose high costs, Shaktikanta Das said.

Lenders book steep fall/loss in treasury income; start making provisions for ECL shift.

Muthukrishnan Dhandapani, a Chennai-based mutual fund distributor and ex-BJP supporter, went viral on X after revealing that he has been advising Rahul Gandhi on his mutual fund investments since 2013. Despite his political leanings, Dhandapani says Gandhi has always separated politics from professionalism and remained a respectful, long-term client.

Last month, Jacqueline Fernandez filed an application to become a prosecution witness in exchange for possible leniency. She has continuously insisted that she was an innocent victim who was duped.

A strengthening U.S. dollar and steep FPI outflows further pressured the local unit, according to forex traders