BUSINESS

Citi downgrades to Indian equities to ‘neutral’ from ‘overweight’; here’s why

Citi has downgraded Indian equities to 'neutral' due to high valuations and weaker earnings growth forecasts, favoring markets like China and Korea. Simultaneously, Foreign Institutional Investors (FIIs) have intensified selling, pulling out over Rs 10,169 crore in five sessions, indicating a shift in investor sentiment and impacting market dynamics.

TIMES OF INDIA
4 hours ago
Read Full Article

MORE TO CATCH UP

ECONOMY

EU imposes sanctions on Rosneft’s India refinery, lowers oil price cap

The goal is to restrict Russia’s oil revenues while maintaining stability in global energy supplies

THE HINDU BUSINESS LINE
20 minutes ago
BUSINESS

MRPL posts ₹272 cr loss in Q1 FY26, revenue falls 23%

Gross refining margin fell to $3.88/barrel from $4.70, and throughput dropped to 3.52 mt from 4.35 mt due to major unit shutdowns. 

THE HINDU BUSINESS LINE
23 minutes ago
BUSINESS

BEML bags Ministry of Defence order worth ₹157.33 cr for 79 PAT bulldozers

This new order follows the company’s successful execution of an earlier contract for 66 Bbulldozers

THE HINDU BUSINESS LINE
25 minutes ago
BANKING

Bandhan Bank Q1 net dips 65% at Rs 371.96 crore as microloan stress persists

Microfinance stress, challenges in EEB segment hit Bandhan Bank net profit.

THE HINDU BUSINESS LINE
26 minutes ago
BUSINESS

Jio Platforms Q1 Net Profit Up 24.8%; ARPU Jumps To Rs 208.8

The telco says it extended market leadership with 498 million subscribers, with a net addition of 9.9 million in 1Q FY26.

NEWS18
29 minutes ago
ECONOMY

India waits anxiously as China says it is in the midst of processing export licences for REMs

Commerce Department working with Indian Mission to expedite process of licence approval, help industry get appointment

THE HINDU BUSINESS LINE
38 minutes ago
BUSINESS

India’s energy milestone: Half of power capacity now from non-fossil sources; clean energy capacity driven by developers

India has achieved 50% of its power generation capacity from non-fossil fuels, surpassing its 2030 Paris Agreement target. This milestone is driven by strong policy support and private sector execution, particularly by companies like Ad ...more

TIMES OF INDIA
46 minutes ago
BUSINESS

IndiQube to raise ₹700 cr. via an IPO

THE HINDU
47 minutes ago
STOCKS

SEBI opens REITs, InvITs to MF equity, debt investors

Provides flexibility to MF fund managers, widens scope

THE HINDU BUSINESS LINE
50 minutes ago
BUSINESS

BP energy shift: Oil giant to sell US onshore wind assets to LS Power, trims $5 bn from clean push

BP is divesting its entire US onshore wind energy business to LS Power, signaling a significant shift away from renewables and a renewed focus on oil and gas. This decision follows BP's recent scaling back of emissions targets and clean ...more

TIMES OF INDIA
52 minutes ago
BUSINESS

RIL Q1 Profit Jumps 76% On Sale Of Asian Paints Stake, Robust Consumer Business Performance

Reliance Industries Ltd declared fiscal first quarter financial results today.

NEWS18
53 minutes ago
BUSINESS

RIL posts ₹26,994 cr profit in Q1 FY26, buoyed by Asian Paints stake sale

Revenue grew 5.3% YoY to ₹2.5 lakh crore, led by strong performance in retail and digital segments

THE HINDU BUSINESS LINE
1 hour ago

Subscribe for latest news updates from NewsFomo

Get over your FOMO of knowing what's happening. Never miss what matters to you!