Bandhan Bank is showing signs of recovery, with its Managing Director and CEO highlighting a repaired balance sheet and cautious optimism for the future. The bank has seen NIMs stabilize due to lower funding costs and reduced slippages, while asset quality has significantly improved, leading to a downward trend in credit costs.Read More
The Indian rupee fell to a record closing low on Wednesday, pressured by rising oil prices as efforts to end the Iran conflict remained stalled, while persistent foreign selling of Indian assets added to the strain.Read More
Robert Kiyosaki warns that rising oil prices and escalating tensions between Iran and the United States could trigger a major market crash in 2026–27, possibly akin to a “Great Depression.”Read More
Crude oil prices surged to near $115 per barrel, the highest since June 2022, driven by escalating Iran conflict tensions and supply risks. Analysts warn that prolonged disruptions and stalled negotiations could push prices towards $150, with the Strait of Hormuz remaining a key flashpoint for global energy markets.Read More
Seven BSE largecap stocks—including Adani Green, Adani Power and Nestle India—hit fresh 52-week highs as the market rally lifted gains up to 50% in a month.Read More
Online travel platform MakeMyTrip is reportedly considering a Mumbai listing by the first quarter of 2027, engaging Axis Capital, Morgan Stanley, and JPMorgan as advisors. This move aims to access domestic capital and provide Indian-listed equity for growth initiatives. The company’s Nasdaq shares have seen a significant decline over the past year.Read More
FIIs and mutual funds raised stakes in 10 fast-rising microcaps from the Nifty 250 Microcap index, with stocks delivering up to 75% returns in six months.Read More
ITC and Godfrey Phillips India shares jumped up to 7% on Wednesday after a report said both companies may raise cigarette prices by as much as 17% in May. The hike follows higher excise duties implemented earlier this year. Investor sentiment improved as the companies continue passing on increased costs to consumers.Read More
Piccadily Agro Industries Ltd, maker of single malt whisky Indri and Camikara Rum, has reported a 13.6 per cent increase in its net profit to Rs 45.22 crore for the March quarter of FY26 on a year-on-year basis, driven by its premium alchoBev portfolio.Read More
Oil prices rose nearly 3% on Wednesday, with the Brent contract hitting a one-month high, on media reports the U.S. will extend its blockade of Iranian ports, likely prolonging supply disruptions from the key Middle East producing region.Read More
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