Banking And Finance

Fin services secy warns banks of mythos risks

Financial services secretary M Nagaraju on Thursday highlighted the risks posed by Anthropic’s model and urged the banking community to be prepared in case Mythos is released publicly in the…

Mumbai woman quits ₹1 crore job to take up cleaning work in Melbourne: ‘Money means options… happiness’

A Mumbai woman has spoken about the importance of being financially independent, irrespective of the profession you are in. The woman, who goes by the name Shweta Desai opened up…

Building an emergency fund? Here’s where you can invest for quick access to funds and optimal returns

When financial planning it is key to have an earmarked investment for emergency or “rainy” days, i.e. money set aside for unexpected situations. The key here is to keep your…

Revised NPS optional for Maharashtra govt employees: From 50% salary to withdrawal rules, this is what it covers

The Government of Maharashtra has announced that its revised National Pension Scheme (NPS) is optional for employees covered under the existing NPS. A circular released on 6 May 2026 has…

Market

Shakti Pumps shares tumble over 8% as Q4 profit falls

shares plunged more than 8 per cent in early trade on Friday after the company reported a sharp decline in quarterly profit despite posting its higher quarterly revenue, as margin…

Escorts Kubota shares fall 5% after Q4 earnings

declined nearly 5 per cent in early trade on Friday after the company reported a muted set of March quarter earnings, with concerns around tractor margins and market share weighing…

BSE shares hit 52-week high after Q4 profit jump

shares hit a 52-week high of ₹3,994 on the on Friday after the exchange reported a strong set of March quarter earnings, driven by a surge in derivatives revenue and…

Crude oil futures rise after exchange of fire between US and Iran

futures traded higher on Friday morning after the US and Iran exchanged fire near the Strait of Hormuz. At 9.59 am on Friday, July Brent oil futures were at $101.75,…

Market

Tata Trusts board meeting postponed to next week

A crucial Tata Trusts board meeting, that was scheduled for today, has been postponed to May 16, sources said, though the immediate reason for it was not clear. The meeting…

ED arrests 3 founders of Gameskraft in money laundering case

The Enforcement Directorate on Friday arrested three founders of online gaming platform Gameskraft in an alleged fraud-linked money laundering case, officials said. They said Deepak Singh, Prithvi Raj Singh and…

Biocon Q4 results: Net profit drops 56.8% to ₹198.6 cr

has reported a 56.8 per cent decline in consolidated net profit at ₹198.6 crore in the fourth quarter ended March 31, hit by exceptional item outgo of ₹80.4 crore on…

India’s mid-tier IT firms narrow new business gap with the larger rivals

Indian IT’s mid-tier firms are narrowing the gap with the industry’s six largest players in terms of incremental revenue, even as growth slows across the board amid AI disruption and…
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Axis

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