Pakistan's Supreme Court has granted bail to former Prime Minister Imran Khan in eight cases related to the May 9 violence. Chief Justice Yahya Afridi led the decision after hearing arguments from both sides. Khan remains in jail for another conviction, but his party, PTI, sees this as a "victory".
The proposed Bareilly–Haldwani Greenfield Expressway is set to revolutionise travel between Rohilkhand and Uttarakhand. The 100 km, 4-lane expressway will reduce travel time, ease traffic congestion, and provide safer driving conditions. Its major interchange at Bareilly will connect it to the Delhi–Moradabad–Bareilly Highway.
Motilal Oswal maintains a 'Buy' rating on Waaree Energies with a target price of Rs 3,850, anticipating a 19% increase. The company aims to achieve Rs 1 lakh crore revenue by 2030 in India's solar energy market and is prioritizing backward integration, technology advancements, and battery energy storage.
A new weekly train service has been announced by the South Central Railway for passengers travelling between Telangana and Andhra Pradesh. The Secunderabad-Anakapalle Weekly Express, which will now operate as a regular train, is expected to bring better planning and convenience for commuters.
Air India, facing financial strain due to the ongoing West Asia conflict, held a board meeting to discuss cost-cutting measures such as furloughs and pay cuts. The closure of Pakistani airspace has led to longer routes and higher operating costs. The absence of CEO Campbell Wilson at the meeting raises questions, as the airline faces a record loss of Rs 22,000 crore and searches for a new CEO.
Maruti Suzuki and Mahindra & Mahindra, top automakers in India, had a successful FY26 with record revenues and increasing volumes. However, their earnings revealed a growing gap in the country's auto demand. Maruti prioritized affordability and entry-level recovery, while Mahindra focused on margin expansion, AI-led execution, export growth, and capital allocation discipline.
BSE share price drops 3% despite strong Q4 earnings, analysts believe the market may have already priced in positives. Nuvama raises target price, BSE's market share increases 57 bps QoQ, revenue up 85% YoY. ADPTV estimates revised, FY27 and FY28 adjusted net profit increased by 12.3% and 15.9%. BSE reports robust Q4 with net profit up 32.5% YoY.
Nuvama, a brokerage house, has lowered Bharat Forge's rating to 'Reduce' and set a target price of Rs 1,650, indicating a possible 17% drop in the market price. This decision is based on the company's expensive valuations, delays in defence orders, underperforming overseas subsidiaries, and restructuring plan in Germany, after a 20% rise in stock price in the last month.
The Railway Board has approved a new passenger train on the Guntakal–Markapur Road route in Andhra Pradesh, starting on 14 May 2026. This daily train will have 16 stops, providing a reliable and convenient mode of transportation for commuters. It aims to benefit smaller towns and semi-urban areas by offering an affordable and efficient travel option.
Britannia Industries' share price fell by 5% after reporting Q4FY26 earnings, but brokerages Nuvama and Nomura have maintained their 'Buy' ratings on the FMCG stock. Nuvama believes long-term growth drivers remain intact, though margins and growth momentum have slowed. Nomura also retains a positive stance, despite the latest quarterly performance coming below expectations.
Despite the ongoing Iran war and disruption in global oil supplies, the US job market has managed to sustain itself. The April hiring and unemployment report from the US Labor Department is expected to show a slowdown in job growth, with only 65,000 new jobs added. Economists predict a possible increase of 62,000 jobs, marking a significant decrease from March's strong 178,000.
The Tata Sons board meeting has been delayed to May 16 with no explanation. The listing of Tata Sons is a top concern after the RBI labeled it as a shadow bank and increased supervision. There is a dispute among trustees, with Noel Tata against the listing while Venu Srinivasan and Vijay Singh support it. Ex-trustee Mehli Mistry stands by his decision to vote against Srinivasan and Singh.
OnEMI Technology Solutions, the parent company of Kissht, had a successful IPO with a premium of 11.11% on the NSE and 11.7% on the BSE. The company raised Rs 925 crore, with Rs 850 crore coming from the issuance of fresh equity shares. The IPO received an overall subscription of 9.96 times, with the QIB segment leading the pack at 26 times.
West Bengal is set to see a rise in welfare scheme spending, including the MGNREGS, as the state resumes the programme after losing Rs 30,000 crore due to the Centre's suspension. With the BJP in power, there is optimism for improved implementation of central schemes like Ayushman Bharat and Jal Jeevan Mission in the state.
Retail inflation in India is expected to rise to a 15-month high of 3.9% in April, driven by increasing prices in food and fuel segments. This would mark the 15th consecutive month that inflation remains below the RBI's target of 4%. Experts predict that food inflation will range from 4.1% to 5.1%, while core inflation is projected to be between 3.3% to 3.6%.
Qualcomm introduces new Snapdragon 4 Gen 5 and Snapdragon 6 Gen 5 mobile platforms for Realme, OPPO, and Xiaomi smartphones in India, offering enhanced performance, power efficiency, and gaming capabilities. The company aims to dominate in AI computing by expanding into data center and robotics industries. With a strong presence in India, Qualcomm sees the country as a crucial market.
Paytm's shares rose by 8% after the company announced its first annual profit since going public, a significant Rs 1215 crore increase year-on-year. The fourth quarter also saw a positive trend with a net profit of Rs 183 crore compared to a loss of Rs 545 crore in the previous year. This turnaround was fueled by four key changes.
India and the European Union are set to enhance their Free Trade Agreement by adding a chapter on investment liberalisation in non-services sectors. The FTA is expected to begin in early 2027 and will benefit the private sector, with 6,000 European companies in India creating numerous employment opportunities. The European approval for the agreement is also anticipated.
The government's food subsidy expenses are projected to rise by Rs 20,000 crore due to higher costs of storing rice and wheat and an increase in minimum support price. The actual expenditure for the free ration scheme may surpass the budget estimate of Rs 2.27 lakh crore. The Food Corporation of India's grain stock is also expected to increase, resulting in a higher economic cost.
The Western Railway will run special AC Superfast trains between Mumbai Central and Vatva on select dates in May and June 2026. This will cater to the increasing passenger demand and provide better connectivity for daily commuters, business travellers, students, and families. The trains will also stop at key stations, allowing for comfortable and early morning travel.
A new Amrit Bharat train has been approved to improve connectivity between Delhi and Gorakhpur, offering a faster, safer, and more comfortable travel option. The train will operate on a weekly basis and stop at key stations along the route, benefiting smaller towns as well. This service is expected to bring economic and social benefits to the region.
Central Railway is taking action against the misuse of the Foreign Tourist Quota, as investigations have uncovered fraudulent bookings by Indian passengers. A probe is underway to determine the involvement of agents and individuals in these bookings. Passengers are advised not to book tickets under quotas they are not entitled to, with strict penalties in place for those caught doing so.
Global oil futures experienced a decline due to the possibility of a US-Iran peace deal, but experts caution that disruptions in crude supplies through the Strait of Hormuz may continue for weeks. The proposed deal includes a halt on Iran's nuclear program and a gradual reopening of the strait, but it could take until July for normal oil flow to resume.
IndiGo becomes launch carrier at Noida International Airport, offering flights to 16 domestic destinations including Bengaluru and Hyderabad. Bookings open for flights starting June 15, highlighting need for multiple airports in major Indian cities to handle growing passenger traffic.
NITI Aayog's national education report reveals a concerning learning crisis among 24.69 crore school students in India, with only a small percentage meeting grade-level expectations. The report recommends changes in teaching methods, testing, and foundational skills to enhance quality and bridge gender gaps.
Vijay's TVK emerged as the largest party in Tamil Nadu's recent elections with 108 seats, but falls short of the majority mark. To ensure a stable government, TVK is exploring coalition options and offering cabinet positions to smaller parties. With smaller parties becoming kingmakers, their support could help TVK secure a comfortable majority.
Bangladeshi cricket star Shakib Al Hasan is struggling financially due to his bank accounts being frozen without evidence after the 2024 student revolution. He wants to return to cricket but is frustrated with the lengthy investigation. As of May 7, 2026, his accounts remain frozen.
BCCI Secretary Devajit Saikia denies DK Shivakumar's claim that logistical issues caused IPL finale venue change. KSCA requested over 10,000 complimentary tickets, including VIP tickets for MLAs and council members, leading to the decision to move the venue away from Bangalore and depriving RCB of defending their title.
Air India has retired its last Boeing 777-200LR aircraft after nearly two decades. The leased aircraft helped bridge fleet gaps and enabled additional nonstop services to San Francisco. The retirement coincides with the closure of Pakistani airspace, forcing the airline to introduce technical stops on US-bound routes.
"Actor-turned-politician "Thalapathy" Vijay's bid for power in Tamil Nadu faces a tight deadline as the state's legislative term ends on Sunday. With his party, Tamilaga Vettri Kazhagam, winning 108 seats, Vijay must secure the majority mark of 118 to avoid a political crisis. However, post-election manoeuvres by other parties add a new dimension to the unfolding drama.
MRF, a top tyre manufacturer, declares final dividend of Rs 229 per share for FY26, making the total payout Rs 235 per share. Q4FY26 shows 37% increase in consolidated profit after tax, revenue, and EPS. Despite higher expenses, MRF improves profitability, resulting in a positive response from the stock market.
Motilal Oswal Financial Services has increased its target price for CG Power to Rs 940, with a predicted 13% increase. They maintain a 'Buy' rating due to strong performance in power systems, capacity expansion, and a solid order book. The outlook for the semiconductor business is improving, along with pricing power and cost management. CG Power's stock price has risen by 42% in the past year.
The IPL 2026 is heating up and the competition for individual performance is intense. Sunrisers Hyderabad's victory over Punjab Kings has put the Orange and Purple Caps in the spotlight. RCB's Virat Kohli aims to climb up the Orange Cap ladder while Bhuvneshwar Kumar defends his top spot in the Purple Cap race.
Paytm's stock has surged 6% after reporting a turnaround in Q4FY26 and its first-ever annual profit. Revenue rose 18.4%, EBITDA turned positive, and operating efficiency improved. Jefferies has a 'Buy' rating on the stock with a target price of Rs 1,350.
InCred Holdings, parent company of InCred Financial Services, has filed updated draft papers for its IPO. The public issue includes a fresh issue of shares worth Rs 1,250 crore and an offer-for-sale of 9.9 crore equity shares. Proceeds will be used to strengthen subsidiary and expand lending business.
In a thrilling match, SRH reclaimed the top spot in the IPL 2026 playoffs by defeating PBKS in Match 49. After dominating the table for 25 days, PBKS suffered a slump in form, allowing SRH to take over. With a win in Match 50, RCB has a chance to overtake SRH and claim the top spot. Pat Cummins' all-round performance led SRH to victory.
A legal challenge has been filed to halt the crucial board meeting of Sir Ratan Tata Trust, with a 61-year-old resident of Thane seeking reconstitution of the board due to alleged violations. The meeting aims to discuss important matters like representation on Tata Sons board, potential listing, and issue of perpetual trustees.
Emami has acquired a 60% stake in IncNut Digital, the parent company of beauty and wellness brands Vedix and SkinKraft, for Rs 321 crore. The remaining stake will be acquired in two tranches over the next 4.5 years. IncNut Digital specializes in personalized beauty and wellness products and has raised $10.5 million in funding. Emami is aggressively acquiring new-age companies
Cricket Australia has offered Pat Cummins a lucrative three-year contract extension worth AUD 4 million per year, aiming to keep him in the national team until 2029 and prioritize international cricket over T20 franchise leagues. The new deal is a 50% increase from Cummins' previous retainer, making him the highest-paid Australian player.
Eastern Railway introduces daily unreserved summer special train between Saraigarh and Deoghar to ease travel for commuters between Bihar and Jharkhand. The service will run from May 7 to May 31, 2026, with 25 trips in each direction. This provides faster, reliable, and convenient travel options, improving connectivity for smaller towns.
Amid growing fears about AI becoming more embedded in daily life and being blamed for mass layoffs in the tech industry, Aiza Usman, an Applied AI Engineer at Anthropic, offers a different perspective.
Emkay Global Financial Services has reduced its target price for Punjab National Bank by 10%, citing reasons such as declining margins, weak treasury performance, and moderate credit and retail growth. The bank's earnings were affected by lower net interest margins and treasury gains. Emkay has revised its earnings estimates and warned about regulatory and asset risks.
Uttar Pradesh government has approved a 37-km road extension project to directly connect Greater Noida with the recently inaugurated Ganga Expressway. The 8-lane corridor will significantly improve connectivity and reduce travel time between the two cities to just 30-45 minutes. The project is expected to ease traffic congestion and boost regional connectivity.
Nuvama and Nomura have released reports on India's two-wheeler market. Both companies are focusing on different strategies to strengthen their positions, with Hero MotoCorp relying on mass-market strength and Bajaj Auto banking on exports, premium bikes, and electric mobility. Nuvama maintains a 'Buy' rating while Nomura has a 'Neutral' outlook for both stocks.
Zoho founder Sridhar Vembu advocates for fresh elections in Tamil Nadu under President's Rule, citing instability of post-poll alliances. He predicts a potential "super majority" for TVK if new elections are held. Currently, the state is facing a government formation deadlock as TVK, with Congress support, lacks majority.
India's private space sector is evolving as startups are now able to offer full satellite lifecycle services and compete globally. Policy reforms, access to capital, and technological progress have enabled companies to take charge of end-to-end outcomes. Indian startups are eyeing a share of the growing low earth orbit market, with a focus on speed, reliability, and bundled offerings.
According to a report by The Wall Street Journal, JPMorgan Chase reportedly offered a former employee $1 million to quietly settle allegations of sexual assault, harassment and racial discrimination before the case turned into one of Wall Street’s biggest talking points online.
Bajaj Auto reported strong quarterly earnings, leading to a surge in its share price. The company has announced a share buyback plan at a premium of 15% from Wednesday's closing levels. Analysts have raised EPS estimates for FY27 and FY28 due to higher revenue assumptions and buyback impact. Bajaj Auto's Q4FY26 results showed record net profit and revenue, with a 36% increase in EBITDA.
A federal judge has released an alleged suicide note written by convicted sex offender Jeffrey Epstein. According to the NYT, the note had remained sealed for years as part of the criminal case involving Epstein’s former jail cellmate.
BIRD and CERT-In have established a Cyber Security Lab to train rural financial institutions in dealing with cyber threats like ransomware and phishing. The lab offers hands-on modules and simulated drills and has already trained officials from RRBs and cooperative banks. The initiative aims to expand this training to the entire rural cooperative credit ecosystem.
Indian government allows Pakistani athletes and teams to compete in global events but maintains a ban on bilateral ties. This move showcases India's position as a leading sporting hub and addresses the visa issue for Pakistan-origin players. Upcoming fixtures include the Hockey World Cup and Asian Games, and the memorandum aims to ensure India remains a top-tier host.