Cyient Q4 Results: No guidance offered for FY26 as macro
Shares of Cyient Ltd ended the trading session on April 24 at ₹1,243.05, largely unchanged from the previous close of ₹1,243.85 . Source
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Moody’s Cuts India’s GDP Growth Forecast To 6
In its Global Macro Outlook 2025-26 (May update), Moody’s says geopolitical stresses, like tension between India and Pakistan, also have a potential downside risk to its baseline growth forecasts. Source
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Rupee rises 19 paise against US dollar in early trade
Rupee strengthens to 85.29 against US dollar on lower crude oil prices and foreign fund inflows. Source
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Ola Electric’s Q4 losses deepen as deliveries slide, revenue nearly
India Business News: Ola Electric reported significant losses and a sharp decline in deliveries in Q4 FY25, with revenues nearly halving compared to the previous year. The company’s management points to weak urban demand and a poor performance in the premium segment as key factors. Source
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India Foils Border Intrusion Under Pak Fire, Kills 7 Jaish
Indian border troops thwarted an infiltration bid in Jammu and Kashmir’s Samba shortly before midnight on May 8. A least seven terrorists were killed by India’s Border Security Forces while they were attempting to cross the international border, media reports citing official said. The infiltration bid was allegedly supported by fire from the Pakistan Army…
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RBI allows NPCI to revise UPI person-to-merchant transaction limits after
The central bank will give NPCI the flexibility to decide the limit for person-to-merchant (P2M) and merchant-to-merchant (M2M) UPI transactions. Source
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Pahalgam attack: 55 Pakistani nationals residing in Maharashtra ordered leave
Around 55 Pakistani nationals living in Maharashtra on short-term visas have been ordered to leave the country by the Central government’s by April 27, an official from the state home department said on Saturday. Tensions between India and Pakistan have escalated after the Pahalgam terror attack, in which 25 and one Nepali national were killed, most…
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‘Better Late Than Never’: Political Leaders React To Centre’s Big
Following the announcement, political parties and leaders from across the political spectrum welcomed the government’s decision Source
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US jewellery brand Angara enters India with customisable designs
Founded in 2005 by Indian-origin entrepreneurs Ankur and Aditi Daga, Angara brings over 300 years of family expertise in gemstones to its operations. Having established itself as a $100 million enterprise without any external funding, the brand has made a name for itself across the US, UK, Australia, Ireland, Canada, and Thailand, serving more than…
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Markets decline in early trade amid unabated foreign fund outflows
The sell-off in the US stock markets also is an indication that Trump’s policies might impact growth and earnings in the US. Source
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