Bank of Baroda posts record Q4 profit at Rs 5,616 crore

Mumbai, May 8 (UNI) State-owned lender Bank of Baroda on Friday reported a strong financial performance for the quarter and financial year ended March 31, 2026, posting its highest-ever quarterly net profit, supported by robust credit growth,....

NSE sets benchmark in commodity markets with record crude oil options volumes

Mumbai, May 8 (UNI) India’s commodity derivatives market scaled a fresh high on May 7, with the National Stock Exchange’s crude oil options segment clocking record trading volumes, signaling rising depth and breadth in energy derivatives.
Total....

Nolte Kuchen opens immersive experience centre in Bengaluru

Bengaluru, May 8 (UNI) German kitchen brand Nolte Kuchen has strengthened its presence in India with the launch of a new flagship showroom in Bengaluru's Indiranagar, marking a strategic expansion of its premium retail and design footprint in the....

Hyderabad Jewellery Pearl & Gem Fair 2026 begins at HITEX

Hyderabad, May 8 (UNI) The three-day 18th edition of the Hyderabad Jewellery Pearl & Gem Fair (HJF) 2026, organised by Informa Markets India, commenced at the HITEX Exhibition Centre here on Friday..
Speaking at the inaugural ceremony, Yogesh....

Stock market declines amid rising crude prices, weak global cues

New Delhi, May 8 (UNI) The Indian stock markets declined today amid rising crude oil prices and weak global market trends, with the BSE Sensex tumbling by 516.34 points or 0.66 per cent to close at 77,328.19 and the NSE Nifty declining by 150.50....

SBI FY26 net profit rises 13 pc to Rs 80,032 crore, asset quality improves

New Delhi, May 8 (UNI): The State Bank of India (SBI) on Friday reported a standalone net profit of Rs 80,032 crore for the financial year ended March 31, marking a growth of nearly 13 per cent compared to Rs 70,900 crore recorded in the previous....

Global trade policy shifted towards more interventionism: UNCTAD

By Sourav Shekhar
New Delhi, May 8 (UNI) The global trade policy landscape has shifted towards more interventionism since Covid 19 in 2020, the Ukraine war in 2022, and again with US tariff hikes in 2025, said the United Nations Conference on....

Britannia to hike prices, implement grammage cuts

New Delhi, May 8(UNI) India's largest biscuit manufacturer, Britannia Industries, is set to implement selective price hikes and grammage cuts this quarter due to the Iran War impact. The move comes to shield its margins from rising costs of palm oil....

New Delhi, May 8 (UNI) India’s bank credit growth closed the Financial year 2026 on a strong note, led by robust lending to NBFCs, MSMEs, and retail borrowers, even as gold loans surged amid elevated prices, according to a report by CareEdge Ratings.....

Tata Power and DGPC sign amendment to MoU for expanding clean energy collaboration

New Delhi, May 8 (UNI) Tata Power, one of India’s largest integrated utilities, on Friday announced the signing of an amendment to its Memorandum of Understanding (MoU) with Druk Green Power Corporation (DGPC) to expand clean energy collaboration....

EU companies bolstering India’s growth and development: Report

New Delhi, May 8 (UNI) The European union has released a detailed report on deepening integration and growing contribution of European firms in Indian growth and development.
Today, the EU is India’s long-term trading partner and leading....

Federal Bank advances digital banking with EPFO integration

New Delhi, May 7 (UNI) Federal Bank, one of India's largest private sector banks has integrated its digital platform with Employees Provident Fund Organisation (EPFO) to provide the customers with seamless banking experience.
Now, this service....

RBI okays Kotak stake acquisitions in Federal Bank, AU Bank, J&K Bank

Mumbai, May 7 (UNI) The Federal Bank as well as the AU Small Finance Bank informed the stock exchange in separate filings here on Thursday, that the Reserve Bank of India (RBI) has cleared the acquisition of 9.99% stakes each in both banks by Kotak....

BSE profit jumps 61pc YoY to Rs 797 cr

Mumbai, May 7 (UNI) The Bombay Stock Exchange Limited officially announced here on Thursday through an exchange filing that it has posted a 61per cent year-on-year (YoY) increase in its consolidated net profit at Rs 797.33 crore for the January-March....

Bengaluru emerges as global nerve centre for incense trade with 12th international expo

Bengaluru, May 7 (UNI) Bengaluru is fast emerging as a global nerve centre for the incense and fragrance trade, with the city set to host one of the world’s largest B2B gatherings in the sector, reinforcing its position as India’s manufacturing and....