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Avalon Tech surges after Q4 PAT climbs 69% YoY to Rs 41 cr

Mumbai, May 20 -- Profit before tax (PBT) climbed 72.74% YoY to Rs 56.26 crore in Q4 FY26. During the quarter, EBITDA stood at Rs 56.9 crore, up 37.5% compared with Rs 41.4 crore in Q4 FY25. EBITDA m... Read More


Indian Shares Open Lower As Global Bond Yields Jump On US-Iran Tensions

India, May 20 -- Indian shares opened lower on Wednesday due to ongoing concerns surrounding the U.S.-Iran conflict, which has now entered its 12th week and effectively kept the strategic Strait of Ho... Read More


How government policies quietly shape the cars we buy

India, May 20 -- When we buy a car or a bike, most of us believe we are making a completely personal choice. We think SUVs dominate the roads because we love SUVs, petrol cars became popular because p... Read More


Peak XV expands global fintech portfolio with Primer bet

New Delhi, May 20 -- Venture capital firm Peak XV Partners has expanded its international fintech portfolio by participating in a $100 million (around Rs 968 crore) Series C funding round in London-he... Read More


Sensex rejig: Trent likely to be replaced in next reshuffle - These two stocks are top contenders

New Delhi, May 20 -- Shares of Hindalco Industries have rallied 63% in the last one year and remain higher by 21% on a YTD basis. As for Shriram Finance, one-year performance is promising with a 40% r... Read More


GTV Engineering tumbles after Q4 PAT fall 28% YoY to Rs 3 cr

Mumbai, May 20 -- Revenue from operations surged 42.74% year-on-year to Rs 31.96 crore in the quarter ended 31 March 2026. Profit before tax (PBT) stood at Rs 4.09 crore in Q4 FY26, registering a de-... Read More


India in transformative decade, no power can stop it: Rajnath Singh in Seoul

Seoul, May 20 -- Defence Minister Rajnath Singh on Wednesday said India is going through a transformative phase driven by strong public trust, rapid technological growth, and expanding global partners... Read More


Indian diaspora, artists accord warm welcome to PM Narendra Modi in Rome

Rome, May 20 -- Prime Minister Narendra Modi on Tuesday received a warm welcome from the Indian diaspora upon his arrival in Rome for the fifth and final leg of his five-nation tour. The Prime Minist... Read More


Prabowo vows to keep Indonesia's 2027 budget deficit below 2.5 pct

Jakarta, May 20 -- President Prabowo Subianto pledged to keep Indonesia's 2027 state budget deficit below 2.5 percent of gross domestic product (GDP). "On financing, we will strive to keep our 2027 A... Read More


Can Nifty 50 hit 42,000 by 2028-end despite geopolitical uncertainty? CNI InfoXchange explains how

New Delhi, May 20 -- Can the Indian stock market benchmark Nifty 50 rise to 42,000 by December 2028 when geopolitical uncertainties and global volatilities are high? The index, which ended at 23,618 o... Read More