Markets tumble as India-Pak conflict flares up; Sensex sinks 880 points

Stock market benchmark indices Sensex and Nifty tumbled over 1 per cent each on Friday as tensions soared between India and Pakistan, fuelling fears of a wider conflict. Photograph: ANI Photo Extending its previous day’s decline, the 30-share BSE benchmark

Swiggy losses widened nearly 2x in March quarter

Food delivery aggregator Swiggy saw its loss widen for the fourth quarter (January-March) of financial year 2024-25 (Q4FY25). Photograph: Framcis Mascarenhas The firm reported a consolidated loss of Rs 1,081.1 crore for the quarter, compared to a loss of Rs

MapmyIndia Q4 Results | Net profit surges 28% to ₹49 crore, revenue jumps 34%; declares dividend

Digital navigation firm CE Info Systems Ltd, which operates under the MapmyIndia brand name, on Friday (May 9) reported a 28.2% year-on-year (YoY) surge in net profit at ₹48.6 crore for the fourth quarter that ended March 31, 2025. In

The stock market is getting a warning from bonds and the dollar. Tariff turmoil isn’t over.

Corporate spreads have narrowed, and Treasury yields are less volatile, soothed by positive talk on tariffs. Stocks have recovered from their April 2 “Liberation Day” losses, but the dollar remains under pressure. Gold is the safe haven of choice. But

Forex reserves drop Rs 2 bn to Rs 686 bn

India’s forex reserves dropped Rs 2.06 billion to Rs 686.06 billion for the week ended May 2, the RBI said on Friday. Illustration: Dado Ruvic/Reuters In the previous reporting week, the overall kitty had increased Rs 1.98 billion to Rs

Oil cos assure public of ample fuel stocks

Indian Oil Corporation (IOC), the nation’s largest oil firm, on Friday said ample stocks of petrol, diesel and cooking gas LPG are available in the country and there is no need for panic buying of fuel. Photograph: Francis Mascarenhas/Reuters The

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

Engineering and construction major Larsen & Toubro (L&T) reported a 25 per cent rise in net profit attributable to the owners of the company for the January–March quarter of 2024-25, owing to higher revenues and an exceptional gain. Photograph: Shailesh

Equity MF inflow dips to Rs 24,269 cr in Apr

Inflow in equity mutual funds dipped 3.24 per cent to Rs 24,269 crore in April amid continued market volatility against the backdrop of escalating tensions between India and Pakistan following the Pahalgam terrorist attack. Illustration: Dominic Xavier/Rediff This was the

Birla Corp profit up 33%; Thermax misses estimates

Q4 Results Live Updates: Important names like Dr Reddy’s Laboratories, Manappuram Finance, Swiggy, CE Info Systems, Bank of India, India Shelter Finance Corporation, Birla Corporation, Cholamandalam Financial Holdings, Navin Fluorine International and Thermax will be reporting their earnings for the

LIC-owned NBFC declares Q4 results 2025, 10% final dividend in FY25

Life Insurance Corporation of India (LIC)-owned non-banking finance company Paisalo Digital on Friday, May 9, announced a 25% jump in standalone net profit for the fourth quarter of the financial year 2024-2025 (Q4 FY25) to ₹45 crore, as against ₹36