Latest Financial News & Market Updates
- In a keynote address at the 25th FIMMDA-PDAI Annual Conference at Amsterdam, the RBI governor said the conference could not have been at a more opportune time, when the global financial system is navigating through a period of elevated uncertainty and challenges.
- Firozabad glass industry faces gas supply caps, soaring costs, weaker West Asia exports and lingering US tariff effects, cutting output, shutting units and hurting jobs
- In the first official response after the West Asia crisis, Expenditure Secretary V. Vualnam warned that the outlook is “very difficult” with multiple stress points and limited visibility, even as he said fiscal discipline has put the government on a strong footing and reiterated that capital expenditure will remain a priority despite rising pressures.
- India’s GST collections rose 8.7% year-on-year to ₹2.42 lakh crore in April, extending recent growth driven by higher domestic and import revenues.
- A 19kg cylinder in Delhi will now cost ₹3,071.5 from May 1. Indian Oil Corporation Ltd. has revised prices for select industrial segments, while there has been no change in key fuels affecting the general population at charge.
- Government revised export taxes on diesel and ATF for next fortnight, kept petrol duty nil and left domestic fuel taxes unchanged amid West Asia-linked supply concerns.
- India gold imports plunge to a near 30 year low in April as new IGST demands halt bank shipments, leaving bullion in vaults and pressuring global prices, Reuters reported.
- The Reserve Bank of India's short dollar positions in the FX market ballooned to a record high $104 billion in March, data showed on Thursday, highlighting its efforts to defend the rupee from the threat posed by the Iran war to India's economic outlook.
- Reserve Bank of India report shows gold share in forex reserves jumps to 16.7%, as more bullion is held domestically despite a slight reserves dip.
- Despite Cabinet approval, relaxed FDI norms under Press Note 3 remain unimplemented after 50 days, as the government awaits notification and final regulatory changes.
- NTPC Limited starts commercial operation of 100 MW solar PV at Ramagundam in Telangana, boosting NTPC Groups installed capacity and renewable energy portfolio.
- TVS Motor Company posts 7%April 2026 sales growth, led by scooters, EVs and three wheelers, as it tackles supply chain issues and eyes May recovery.
- Zen Technologies Q4 results show steep declines in profit, revenue, and EBITDA margins year on year, highlighting broad weakness in quarterly performance.
- Brown University trims Blue Owl Capital Corp stake by 53% as BDCs trade at steep discounts, highlighting shifting sentiment in private credit markets.
- Company's net revenue for Q4FY26 rose to ₹16,484 crore from ₹13,255 crore a year ago, marking a healthy year-on-year increase.
- SIS Limited Q4 FY26 profit rose 28 percent as revenue grew 31 percent, security and facility segments drove gains, debt metrics and cash flow improved, capital returns hit INR 250 cr
- The company’s total sales for April rose 14% year-on-year to 94,627 units. Passenger vehicle sales grew at a relatively moderate pace, rising 8% to 56,331 units compared to 52,330 units in the same month last year.
- Domestic sales were at 30,159 units as compared to 24,833 units in April 2025, up 21 per cent, Toyota Kirloskar Motor (TKM) said in a statement.
- Passenger vehicle sales in the domestic market stood at 59,000 units last month as against 45,199 units in the year-ago period, a growth of 30.5 per cent, Tata Motors Passenger Vehicles Ltd said in a regulatory filing.
- Adani Group plans a three layer structure to speed decisions, boost liquidity, and double capital spending to $100 billion, while facing losses, plant issues, and a US fraud case.