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IMF Executive Board completes Sri Lanka's combined Fifth and Sixth Reviews

Sri Lanka, May 28 -- The Executive Board of the International Monetary Fund (IMF) has completed the combined Fifth and Sixth Reviews of the Extended Fund Facility for Sri Lanka, providing the country ... Read More


Reliance's luxury retail arm narrows losses, designer labels lag

New Delhi, May 28 -- Reliance Industries Ltd's luxury retail business is beginning to show operating leverage, helped by strong growth in premium beauty and global partnerships, even as several Indian... Read More


Investors On Separating Real Innovation From AI Hype

India, May 28 -- India's native AI startups have attracted $1.8 Bn+ in funding since 2020. But 86% of funding is concentrated in applications rather than infrastructure and foundation layers. While th... Read More


Vijay Kedia's second pitch to turbocharge market after LTCG repeal: Scrap dividend taxation

New Delhi, May 28 -- Veteran investor Vijay Kedia has made a fresh appeal to the Finance Minister Nirmala Sitharaman for reforms aimed at strengthening India's capital markets, this time calling for t... Read More


Build-A-Bear Workshop Sees FY26 Revenue Growth; Stock Down 5.3% - Update

India, May 28 -- While reporting financial results for the first quarter on Thursday, brick-and-mortar retailer Build-A-Bear Workshop, Inc. (BBW) said it now expects total revenue for the full-year 20... Read More


Gulf Oil Lubricants Q4 PAT slides 3% YoY to Rs 90 cr

Mumbai, May 28 -- While EBITDA improved by 6.04% to Rs 136.52 crore, EBITDA margin declined by 57 basis points YoY to 12.94% in Q4 FY26. Profit before tax in Q4 FY26 stood at Rs 120.09 crore, down by... Read More


Asian markets today: Nikkei 225, Kospi fall amid US-Iran negotiations

Asian markets today, May 28 -- Asian markets opened lower on Thursday, 28 May, as investors weighed mixed developments surrounding the ongoing US-Iran negotiations amid a fragile ceasefire. South Kor... Read More


Indonesia prepares delegation for global labor talks

Jakarta, May 28 -- Indonesia is preparing a tripartite delegation ahead of the 114th International Labor Conference in Geneva in June, seeking a coordinated position on labor issues ranging from digit... Read More


Pharma stock declares 18% final dividend along with Q4 results 2026

New Delhi, May 28 -- Lincoln Pharmaceuticals, one of India's leading healthcare companies, announced a final dividend of Rs.1.80 per equity share for FY26 along with its March quarter and full-year FY... Read More


BMC shelves SevenHills, blood bank proposals after CM steps in

India, May 28 -- Chief minister Devendra Fadnavis's intervention, following strong opposition from the Shiv Sena (UBT), forced the Brihanmumbai Municipal Corporation's (BMC's) improvement committee on... Read More