Manappuram Finance's Q4 results showed steady growth in gold loans, but net interest margins were still low. The company plans to maintain this growth in FY27 with the help of a strong gold loan market and strict underwriting. Regulatory easing may aid in expanding branches, with a target of 500-550 in FY27. An interim dividend of Rs 0.50 per share was also announced.
The Union Cabinet has approved a new metro corridor connecting Koteshwar Road and Ahmedabad Airport, costing ₹2,169 crore. The project will be completed in four years and provide direct access to the airport, reducing travel time and easing traffic congestion. This will expand the Ahmedabad-Gandhinagar metro network to 77.63 km.
The New Jalpaiguri–Siliguri Rail Line Doubling Project is set to improve passenger and freight movement in West Bengal. The Ministry of Railways has recently approved ₹916.18 crore for the project, which will increase capacity, improve connectivity, and reduce congestion on the busy route. The project will also lead to economic growth in the region.
PM Narendra Modi has surpassed India's first Prime Minister Jawaharlal Nehru's record by completing 4,399 consecutive days in office. During his tenure, Modi has led the BJP to three consecutive Lok Sabha election victories and made significant strides in economic growth and national security. His leadership has also seen major political reforms.
Hindustan Zinc has partnered with Sulfozyme Agro India to strengthen India's downstream zinc sector through sustainable metal recovery and innovation. Sulfozyme Agro will set up zinc-based manufacturing operations at the Zinc Industrial Park in Rajasthan, with Hindustan Zinc providing raw material supply and ecosystem support.
The Centre has approved a vehicle scrappage scheme worth Rs 9,590 crore for Delhi-NCR, which could increase truck demand by 5%, as per a report by Nomura. Tata Motors, Ashok Leyland, and Eicher Motors are expected to benefit from the scheme. Old vehicle owners must scrap their vehicles at authorized facilities and purchase BS-VI compliant or electric vehicles to avail incentives.
The highly anticipated NSE IPO has been a hot topic in the primary markets, with investors closely monitoring the exchange's impressive financial performance. Despite an uncertain timing, the unlisted market activity has seen a rise of 5% in the past six months and 15% in a year, making it a promising investment opportunity.
A homemaker-turned-YouTuber in Madhya Pradesh was robbed of valuable items worth Rs 10 lakh after burglars broke into her house. Police suspect the crime was planned using information from her social media videos. The family was locked in a room and CCTV footage is being examined. Officials believe the suspects were familiar with the family's routine through the YouTuber's videos.
Bombay High Court grants interim protection to Anil Ambani in tax evasion case, admits his plea challenging the constitutional validity of Black Money Act. HC directs Union government to file affidavit, says no coercive action to be taken against Ambani till final disposal of the case. Ambani accused of evading taxes on undisclosed funds of over Rs 814 crore in Swiss bank accounts.
Kiran Mazumdar-Shaw, founder of Biocon, shared a video of a drone cleaning building windows in Bengaluru, showcasing its potential for efficient and safe maintenance in urban areas. This sparked a debate on the balance between commercialization and solving social problems, emphasizing the need for technology, policy, and adoption in India's innovation discourse.
NCDRC orders Adani M2K Projects LLP to refund Rs 49 lakh plus interest to Noida couple, quashes flat cancellation in Gurugram. Commission rules developer's actions were improper and upholds couple's objections to "unfair" agreement. Precedent set for future disputes involving boilerplate builder agreements.
Jefferies, a global brokerage house, has identified three stocks from different industries - Meesho, Aegis Vopak Terminals, and InterGlobe Aviation - that it believes could see significant growth in the future. Meesho is an e-commerce platform targeting non-metro markets, Aegis Vopak operates liquid and LPG storage facilities, and IndiGo is a leading airline in India.
Indian Railways has extended two pairs of special train services connecting Thiruvananthapuram North and Tambaram to Santragachi in eastern India to meet passenger demand. The Southern Railway has confirmed the extension and reservations are now open. The trains will continue to operate on their respective weekly schedules with additional trips during June and July 2026.
A new special train connecting Shri Mata Vaishno Devi and Haridwar has been approved by the Ministry of Railways. The service will run on June 14 and 15, with a journey time of 12 hours and 15 minutes. The train will also make stops at various stations along the route.
India has put a hold on approving Elon Musk's Starlink satellite internet service, citing security concerns. This could affect SpaceX's upcoming IPO and give competitors an advantage. Talks with the government are ongoing, but a compliance framework may be necessary. Starlink's revenue projections may also be impacted due to the delay.
Nuvama's brokerage report identifies CG Power and Thermax as top picks within India's engineering and capital goods sector. The sector, which encompasses power transmission, renewable energy, data centres, and railways, remains crucial for the country's infrastructure and manufacturing growth.
Adani Energy Solutions has made a significant move by acquiring Intellismart Infrastructure for Rs 3,050 crore, as the Indian government aims to replace 25 crore conventional meters under the Smart Meter National Programme. This deal is expected to bring in a revenue opportunity of Rs 30,000 crore and make Adani Energy the largest smart metering platform in India with over 4.7 crore smart meters.
A new train service has been approved by Minister Ashwini Vaishnaw to improve rail connectivity between Madhya Pradesh, Hyderabad, and other parts of the country. The train will run through Katni and is expected to benefit passengers from several districts in Madhya Pradesh. The train will provide a more convenient and reliable travel option for thousands of people.
Hyderabad to get new international bus terminal in Gajularamaram, covering 100 acres. Construction to start in 3 months as part of government's efforts to enhance public transport and accommodate growing population. Chief Minister stresses on balanced development for the city's progress.
The Bengaluru Metro Blue Line project has reached a significant milestone with the delivery of its first six-coach train by BEML. This driverless train, equipped with modern technology, will undergo thorough testing before passenger services can begin. The Blue Line will improve connectivity and provide a faster mode of transport, easing traffic congestion in Bengaluru.
Motilal Oswal recommends four stocks with potential upside of 28-35%: Gabriel India, InterGlobe Aviation, JSW Infrastructure, and Dr. Agarwal's Health Care. These companies are expected to benefit from business transformation, increasing air travel demand, India's focus on logistics efficiency, and growing healthcare demand.
An Indian co-founder who bootstrapped a brand from scratch, raised over ₹30 crore in a Series A round from marquee investors, employs more than 100 people, and ships products to Indian families across the country walked into the US consulate for a routine visitor visa, and walked out with a rejection slip.
US President Trump's approval rating remains close to the lowest point of his political career, with many Americans expressing concerns about rising fuel costs linked to the ongoing conflict with Iran, according to a new Reuters/Ipsos poll released on Monday.
At 16, Parul Gulati had a clear vision of her future and has now built a successful career as an actor, entrepreneur, and influencer. In an exclusive interview, she discusses her journey as an entrepreneur, the evolution of her personal brand, and the changing work landscape with the rise of the creator economy and blurring of professional boundaries.
South East Central Railway has introduced a special train between Bilaspur and Bengaluru Cantonment to meet the growing demand of passengers during the busy travel season. The train will run for one round trip on June 12, 2026, stopping at various important stations along the route. It will consist of 18 coaches to accommodate both reserved and unreserved passengers.
Jason Fried, co-founder of 37Signals, believes that entrepreneurs are naturally competitive, but that doesn't mean working 100-hour weeks or sharing calendars. At Basecamp, employees control their own time and adhere to a 40-hour workweek. Fried advocates for protecting uninterrupted time, avoiding meeting creep, and preserving the eight-hour workday. He also criticizes the "I'm so busy" culture.
Indian-origin politician Nithya Raman has advanced to the next round of the LA Mayor elections, beating out Spencer Pratt. However, her victory has sparked conspiracy theories of a "rigged" vote from Trump. Raman, who immigrated to the US from India, plans to tackle the city's homelessness crisis if elected in November. Her win has drawn comparisons to Mamdani's historic NYC mayoral victory.
The RBI has reopened a special window to attract foreign currency inflows, similar to its successful 2013 programme. Private sector lenders HDFC Bank and ICICI Bank are expected to benefit from the scheme. The move could improve liquidity, boost foreign exchange reserves, and create opportunities for banks. The success of the programme will depend on returns and leverage for deposits.
David Dhawan's final film, Hai Jawani Toh Ishq Hona Hai, received mixed reviews and a slow start at the box office. However, it managed to earn Rs 23.75 crore in India and Rs 37.30 crore worldwide in its first three days. Despite this, it became the third-highest-grossing romantic release of 2026. Its performance in the future will be closely watched.
The Scary Movie franchise has made a triumphant return with its sixth film, produced by Miramax and distributed by Paramount Pictures. The film has shattered franchise records with a global opening weekend of $105.5 million, thanks in part to the reunion of the original core team. Fans are loving the return of Anna Faris and Regina Hall, with 88% of viewers giving the film high ratings.
A blast at the Visakhapatnam Steel Plant in Andhra Pradesh killed eight workers and injured many others. The explosion occurred at the heat facility, causing a fire and panic among workers. The Chief Minister has ordered an inquiry and the former Chief Minister has demanded action. The blast involved molten steel at 1,600 degrees Celsius, causing severe burn injuries.
Piyush Goyal criticizes Congress-led government for negotiating RCEP, world's largest free trade agreement. India withdrew due to concerns over trade imbalances, imports, and domestic industry protection. Goyal clarifies India open to Chinese investments but has implemented investment screening rules to prevent opportunistic takeovers during economic stress.
Delhi to add 2,800 low-floor electric buses under PM E-DRIVE scheme to improve public transport and last-mile connectivity. Government plans to increase total public bus fleet to 14,000 by 2028-29 and promote electric vehicle adoption. This will also aid in developing charging infrastructure in major cities, with Delhi's experience serving as a valuable example.
Passenger vehicle retail sales in India saw a surprising surge of 23.25% in May, despite challenges such as fuel-price hikes and geopolitical tensions. The growth was mainly driven by rural demand, with a 30% increase in sales. There was also a notable shift towards alternative fuel technologies, with EV penetration reaching 11% for the first time.
Indian Railways plans to introduce a new bullet train corridor between Delhi and Siliguri, reducing travel time from 20 hours to 6 hours. The route will pass through major cities like Lucknow, Varanasi, and Patna, improving rail connectivity across northern and eastern states. Other high-speed rail corridors, including Delhi-Varanasi and Mumbai-Ahmedabad, are also in the works.
24 opposition parties convened in New Delhi for a crucial INDIA bloc meeting, but the absence of TVK sparked discussions. The focus was on parties with MPs, with Congress clarifying that those without representation were not invited. TVK's exclusion highlights Congress's priorities in Tamil Nadu and the complexities within the opposition camp after its split with DMK.
What started as a funny online experiment has now turned into a full-blown career for Johnny Hilbrant and his alter ego, “PE Guy”: a parody of private equity culture, where he mimics the tone, lifestyle, and mindset of finance professionals, often poking fun at how seriously they take themselves.
Western Railway has extended the trips of two special train services, Udhna–Madhubani and Udhna–Jhanjharpur, to accommodate the increasing travel demand and provide convenience to passengers. The trains will continue to operate on special fares and will stop at various important stations between Gujarat and Bihar. Booking for the extended trips is now open.
Sukhendu Sekhar Roy, a veteran politician and three-time Rajya Sabha MP, has resigned from the Trinamool Congress and his Rajya Sabha membership. In his resignation letter, he cited the party's failures in governance, corruption, and crimes against women. This move is seen as a major setback for the Trinamool leadership amidst growing turmoil within the party after the West Bengal elections.
Nomura reiterates 'Buy' rating for TCS and Wipro, citing growth potential in AI and other tech services. TCS sees AI as a source of new revenue, while Wipro positions itself for increased adoption by enterprises. However, both face challenges like economic uncertainty and competition. Investors should also consider factors like salary hikes, margin pressure, demand, and geopolitical tensions.
Private jet crash at La Romana airport kills two crew members. Videos of the incident have flooded social media, showing the jet skidding off the runway and exploding into flames. The Dominican Civil Aviation Institute confirmed the crash and stated that the jet was attempting an emergency landing. The cause of the crash is still under investigation.
Donald Trump stormed out of a pre-recorded interview with NBC's Kristen Welker, calling her and the network "crooked" and "fake news." He maintained his allegations of election fraud and slammed mainstream media for being biased against him. Welker defended herself and the NBC team. Trump later explained his outburst was due to the weather and NBC's false reporting.
A 17-year-old British student who investigated an alleged Russian-backed cryptocurrency network has been sanctioned by Russia after publishing a report on the operation.
Western Railway announces special weekly train between Agra Cantt and Ahmedabad to meet rising passenger demand. The train will provide direct connectivity to key cities and towns in Gujarat, Rajasthan, and Uttar Pradesh. It will also benefit travelers going to popular destinations like Udaipur, Sawai Madhopur, and Agra.
India's telecom sector is predicted to experience moderate growth in the second quarter of FY27, driven by a potential tariff hike. Motilal Oswal recommends Bharti Airtel, Bharti Hexacom, and Reliance Industries as top picks due to their advantageous positions for future tariff increases, increasing data consumption, and better subscriber quality. Another tariff hike is also a possibility.
South Korean stock market saw a dramatic start to the week as the benchmark KOSPI index plunged more than 8% in early trade, triggering a temporary halt to trading through a circuit breaker mechanism. The sharp fall, driven by concerns over technology stocks, interest rates, and geopolitical tension, highlighted the market's volatility.
The Adani Group witnessed a major block deal as GQG Partners sold a significant stake in Adani Enterprises and Adani Energy Solutions, which was bought entirely by SBI Mutual Fund. The total deal price amounted to Rs 4,789.62 crore. GQG Partners, a global investment firm led by Chief Investment Officer Rajiv Jain, had initially invested Rs 15,446 crore in four Adani companies.
A 7.8 magnitude earthquake struck the southern Philippines, causing widespread damage and chaos. Videos and images of collapsed buildings and infrastructure have emerged on social media. The Philippine Red Cross is on high alert, assessing damage and coordinating relief efforts. A beloved fast-food chain, Jollibee, suffered severe damage. The earthquake also caused multiple aftershocks.
CLSA maintains ‘Outperform’ rating on Bharti Airtel with a 12-month target price of Rs 2,310, implying a 26.6% upside. Airtel Money IPO is scheduled for the second half of 2026, expected to raise $1.5-2 billion with a potential valuation of $10 billion. Airtel Money business has shown robust financial growth and profitability, contributing 20% to the region and 25% to Bharti Airtel.
US President Donald Trump has asked Israeli Prime Minister Benjamin Netanyahu not to retaliate against Iran's recent missile attack, according to Axios, citing a senior US official and an Israeli source familiar with the conversation.
iBall's Cinebar 560 is a 5.1-channel home theatre system that offers an immersive cinema-like experience at an affordable price of ₹19,999. It boasts 800W RMS output and includes a soundbar, wireless subwoofer, and rear satellite speakers for genuine surround sound. With Bluetooth 5.3, HDMI ARC, and other connectivity options, it is easy to set up and use.