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Chalet Hotels gains after Q4 PAT climbs 32% YoY to Rs 163 cr

Mumbai, May 15 -- Profit before tax (PBT) climbed 11.99% to Rs 177.86 crore in Q4 FY26. EBITDA stood at Rs 278.63 crore in Q4 FY26, up 8.48% compared with Rs 256.84 crore in Q4 FY25. EBITDA margin im... Read More


Rupee falls 7% year-to-date, and it may fall more this year; here's why

New Delhi, May 15 -- The Indian rupee has been under strong pressure this year due to a sharp jump in crude oil prices, driven by the Middle East conflict, heavy foreign capital outflow, and increased... Read More


"It is better I remain a fan" - Dangote explains why $20bn refinery stopped Arsenal takeover dream

Nigeria, May 15 -- Africa's richest man, Aliko Dangote, has once again revealed how the enormous scale of his $20 billion refinery project in Lagos forced him to abandon plans to buy English Premier L... Read More


Pakistan issues first Panda Bond in China's onshore capital marketPublished on: May 15, 2026 12:49 AM

Pakistan, May 15 -- Pakistan issued on Thursday its first Panda Bond in China's onshore capital market, Advisor to the Finance Minister Khurram Schehzad announced. "The inaugural Panda Bond is a 3-ye... Read More


Representatives of leather industry share concerns with Jam KamalPublished on: May 15, 2026 12:49 AM

Pakistan, May 15 -- Representatives of the leather industry raised concerns on Thursday over high production costs, fragmented compliance requirements, multiple taxation, costly import financing, and ... Read More


Ram Charan's Peddi lands in big trouble in Telangana, theatres boycott

Hyderabad, May 15 -- Ram Charan starrer Peddi has landed in the middle of a major industry controversy even before its release on June 4. What started as a disagreement between producers and exhibitor... Read More


India's consumer durable makers are betting on the heat. Costs may spoil the party

MUMBAI, May 15 -- India's consumer durables makers have begun the current fiscal with cautious optimism, betting on a stronger summer and early demand recovery after a bruising FY26 marked by erratic ... Read More


Reserve Bank of India imposes Rs 3.10 lakh penalty on IIFL Finance Limited

New Delhi, May 15 -- Reserve Bank of India has imposed a monetary penalty of Rs 3.10 lakh on IIFL Finance Limited for alleged non-compliance with certain provisions of RBI's NBFC regulations, includin... Read More


Pearl Global Industries spurts after Q4 PAT jumps 25% YoY

Mumbai, May 15 -- Consolidated profit after tax stood at Rs 81 crore in Q4 FY26, up 24.61% from Rs 65 crore in Q4 FY25. Revenue from operations increased 6.92% YoY to Rs 1,314 crore in Q4 FY26 from R... Read More


China and the US should sort out their own policies to tackle the imbalance that's straining their ties

New Delhi, May 15 -- As Donald Trump and Xi Jinping engage in high-stakes talks in Beijing, the underlying context is that global imbalances are widening again, with the US and China at the centre. Bu... Read More