Banking And Finance
SBI to seek board approval for funds; Axis Bank raises $500 mn
board of directors will meet on May 12 to consider raising upto $2 billion through long term funding.In an exchange filing released in the post-market hours of Thursday, advised its…
EPFO 3.0 update: PF withdrawal via ATM, UPI soon – Check the expected launch date
Good news for EPFO subscribers! withdrawals through ATMs are likely to go live by the end of May, making fund access faster and more convenient, sources close to ET Now…
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…
Market
India demand subdued on higher prices, China premiums hold firm
Gold demand in India was muted this week, as a price recovery prompted potential buyers to postpone purchases, while China premiums remained steady on safe-haven demand. Spot gold prices have…
Britannia shares sink 4.7% as Q4 miss, West Asia headwinds rattle investors
fell sharply in early trade on Friday, dropping 4.68 per cent to ₹5,542 on the by 9.38 am, after the packaged foods major reported quarterly results that missed analyst estimates.…
Stocks drop, oil rises: Asian markets react to rising Iran tensions
Asian stocks pulled back from a record high and crude oil rose as escalating tensions in West Asia revived concerns over energy supplies, testing the durability of the recent equity…
Nifty slips below 24,200 as US-Iran tensions push oil above $101; IT, Banks drag
Markets opened sharply lower on Friday morning, with both benchmark indices falling nearly half a per cent in early trade as renewed military exchanges between the United States and Iran…
Market
Biocon Q4 profit drops 57% on exceptional item hit; biosimilars business shines
Pharma major has reported a 56.8 per cent year-on-year (y-o-y) decline in consolidated net profit to ₹198.6 crore for Q4FY26, impacted by an exceptional item outgo of ₹80.4 crore during…
KPIT Technologies co-founder and chairman Ravi Pandit dies at 75
Ravi Pandit, co-founder and chairman of mobility technology firm KPIT Technologies and a noted industry leader, died here on Friday morning following a brief illness, the company said. He was…
SBI Q4 preview: Strong loan growth, stable margins may cushion margins
Mumbai: State Bank of India is expected to report a resilient fourth-quarter (Q4FY26) on Friday, with strong credit growth and steady asset quality offsetting pressure on treasury income and margins…
Ravi Pandit of KPIT Technologies passes away in Pune — Who was he?
Ravi Pandit, the co‑founder and long‑time Chairman of KPIT Technologies Ltd, passed away on Friday, 8 May 2026, in Pune. KPIT Technologies, one of India’s leading automotive and mobility software…
Axis
