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MCX Evening Update: Gold captures Rs 150K mark

Mumbai, May 5 -- MCX Gold futures saw a good bounce in late afternoon trades amid firm global cues. MCX Gold futures broke above Rs 150000 per 10 grams and currently trade at the same level, up 0.44% ... Read More


Economic Buzz: New light commercial vehicle market in UK rises by 6.8% in April

Mumbai, May 5 -- The new light commercial vehicle (LCV) market in UK rose by 6.8% in April with 21,716 vans, pickups and 4x4s joining UK roads, according to the latest figures published today by the S... Read More


L&T Q4 PAT drops 3% YoY to Rs 5,326 cr

Mumbai, May 5 -- International revenues stood at Rs 43,747 crore, contributing 53% of the company's total revenues. Profit before tax (PBT) increased 10.64% YoY to Rs 8,341.63 crore in Q4 FY26. The c... Read More


India's defence production reached Rs 1.54 lakh crore recording 174% rise in one decade

Mumbai, May 5 -- Government noted in a latest update that over last decade, India has transitioned from being a major importer of defence equipment to an emerging exporter, with defence production rea... Read More


Services sector credit growth rises to 19% in FY26, gains sharply from 12% last year

Mumbai, May 5 -- The Financial year 2025-26 ended with robust year-on-year (y-o-y) non-food credit growth of 15.9%, marking a significant 497 basis points (bps) increase in growth from the correspondi... Read More


M&M gains after Q4 PAT jumps 53% YoY to Rs 3,737 cr

Mumbai, May 5 -- Total income increased by 25.29% year on year to Rs 40,244.81 crore in the quarter ended 31 March 2026. Profit before tax was at Rs 4,881.24 crore in Q4 FY26, up 45.92% from Rs 3,345... Read More


India's auto retail begins FY27 on strong footing with record April sales

Mumbai, May 5 -- The Federation of Automobile Dealers Associations (FADA) reported that India's auto retail market opened FY27 on a strong note, with total sales reaching 26.1 lakh units in April 2026... Read More


HFCL climbs after Rs 84 crore cable supply deal

Mumbai, May 5 -- The orders have been received from a leading domestic telecom operator and will be executed by August 2026. The company said the contract involves the supply of optical fiber cables a... Read More


State Bank of India drops for fifth straight session

Mumbai, May 5 -- State Bank of India fell for a fifth straight session today. The stock is quoting at Rs 1064.8, down 0.34% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.... Read More


Tips Music Ltd drops for fifth straight session

Mumbai, May 5 -- Tips Music Ltd fell for a fifth straight session today. The stock is quoting at Rs 639.65, down 0.91% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.33% o... Read More