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Financial Express Chandigarh

Force Motors posts 51% rise in FY26 net profit

FORCE MOTORS REPORTED a 13% year-on-year increase in standalone revenue to 9,167 crore in FY26, while profit before tax rose 55% to ₹1,304 crore and net profit grew 51% to ₹1,211 crore, marking its strongest full-year performance to date.

1 min  |

April 30, 2026

Financial Express Chandigarh

Vedanta net profit nearly doubles to ₹9,352 cr in Q4

MINING CONGLOMERATE VEDANTA on Wednesday reported an 89% rise in its consolidated profit after tax at ₹9,352 crore in the quarter ended March 2026, citing higher sales volume amid rising global metal prices as well as the weakening rupee's exchange rate.

1 min  |

April 30, 2026

Financial Express Chandigarh

IOB FY26 profit tops ₹5,000 cr

Lender reports 43% rise in March quarter net profit

1 min  |

April 30, 2026

Financial Express Chandigarh

Record 91.7% turnout in Bengal final round

BJP has edge in Bengal, Assam; UDF in Kerala; Stalin return projected

2 min  |

April 30, 2026

Financial Express Chandigarh

Diesel margins at ₹14, fertiliser subsidy may cross ₹2.2 lakh cr

PETROL AND DIESEL margins have plunged to ₹14/litre and ₹18/litre, while fertiliser subsidy is set to surge to ₹2.05-2.25 lakh crore, as crude prices remain elevated at $120-125 per barrel amid the West Asia crisis, triggering a broad-based stress cycle across India’s downstream sectors, Icra said.

1 min  |

April 30, 2026

Financial Express Chandigarh

AI wave a bubble, unlikely to sustain, says Ruchir Sharma

HE ADDED,...IN fact, among the financial world, we are being called the anti-Al play...the moment this AI bubble ends, then we are hoping we will get some attention again.”

1 min  |

April 30, 2026

Financial Express Chandigarh

SAS turns India into a nerve centre for AI and analytics

SAS IS NO longer treating India as a back office - it is turning it into a core engine of global innovation and growth.

2 min  |

April 30, 2026

Financial Express Chandigarh

EU: Meta failing to keep under-13s off FB, Instagram

UNDER LENS

1 min  |

April 30, 2026

Financial Express Chandigarh

Car sales growth poised for stable growth in FY27

Nomura flags cost pressures, fuel price risks

1 min  |

April 30, 2026

Financial Express Chandigarh

Cognizant trims Q2 view despite steady Q1 show

US-BASED IT SERVICES firm Cognizant on Wednesday lowered its revenue guidance for the April-June quarter to $5.45-$5.52 billion, below analyst estimates of $5.55 billion, citing a volatile macroeconomic environment.

1 min  |

April 30, 2026

Financial Express Chandigarh

Iran’s rial hits record low amid shaky ceasefire

IRAN'S NATIONAL RIAL currency hit a record low Wednesday of 1.8 million to $1 as a shaky ceasefire with the US and Israel still holds.

1 min  |

April 30, 2026

Financial Express Chandigarh

‘NCDEX sets sights on equities, MFs and global exchange’

With a deep rural distribution network and nearly ₹800 crore of fresh capital, the newest stock exchange, NCDEX, is gearing up to enter equities, mutual funds and niche non-agri products, while strengthening its core commodities franchise.

3 min  |

April 30, 2026

Financial Express Chandigarh

Russia stays in OPEC+ after UAE exit

RUSSIA PLANS TO stay in OPEC+ despite a decision by the UAE to leave, the Kremlin said on Wednesday, expressing hope that the alliance of oil producers would continue to operate amid turmoil in the global energy market.

1 min  |

April 30, 2026

Financial Express Chandigarh

IIFL Finance profit jumps twofold

IIFL FINANCE ON Wednesday reported an over twofold increase in consolidated net profit to 623 crore for the fourth quarter ended March 2026, due to a rise in interest income and improved asset quality. The company had earned a net profit of $251 crore in the year-ago period.

1 min  |

April 30, 2026

Financial Express Chandigarh

Credit, deposit growth falls

MARGINAL MODERATION

1 min  |

April 30, 2026

Financial Express Chandigarh

Digital payments: Biometric authentication gaining ground

BANKS AND PAYMENT companies are introducing biometric authentication for digital transactions, allowing customers to approve of payments using their fingerprints or faces, instead of onetime passwords (OTPs) or PINs.

1 min  |

April 30, 2026

Financial Express Chandigarh

Edible oil firms weigh new hikes amid cost pressure

EXPECTED INCREASE FOLLOWS A SIMILAR RISE IN MARCH

2 min  |

April 30, 2026

Financial Express Chandigarh

Apr-Feb pulses imports fall 35% on robust crop, stocks

AFTER SETTING

1 min  |

April 30, 2026

Financial Express Chandigarh

Mythos testing: Govt bars banks

Stance may be reviewed after US sandbox results on frontier Al model

2 min  |

April 30, 2026

Financial Express Chandigarh

Bajaj Finance net profit climbs 22% to ₹5,553 cr

BAJAJ FINANCE ON Wednesday reported a 22% year-on-year increase in its net profit to 5,553 crore for the March quarter, in line with Bloomberg’s estimate of %5,560 crore.

2 min  |

April 30, 2026

Financial Express Chandigarh

GDP may slip to 6% if crude price averages $120, says EY

INDIA'S GDP GROWTH may slip to around 6% and retail inflation could rise to RBI's upper tolerance band of 6% in the current fiscal, if the Indian crude basket price averages $120 a barrel, EY India said on Wednesday.

1 min  |

April 30, 2026

Financial Express Chandigarh

Embassy REIT: AI driving growth in office properties

DESPITE THE DISRUPTIONS it has caused, artificial intelligence (AI) is driving growth in jobs and office properties, said Amit Shetty, chief executive at Embassy Office Parks REIT.

1 min  |

April 30, 2026

Financial Express Chandigarh

BJP has edge in Bengal, Assam; UDF in Kerala; Stalin return projected

MOST EXIT POLLS on Wednesday predicted a tight contest in West Bengal with the BJP having an edge, and the party's return to power in Assam.

2 min  |

April 30, 2026

Financial Express Chandigarh

Aviation losses to persist, says Icra

INDIA'S AVIATION INDUSTRY is set to remain in the red in FY27, with both operational and net losses expected to stay elevated despite a modest recovery in passenger traffic, an Icra report said.

1 min  |

April 30, 2026

Financial Express Chandigarh

China’s Meta backlash kills Manus model

THE AI STARTUP Manus, once hailed as a breakthrough that would challenge Silicon Valley’s dominance, is turning into a cautionary tale for Chinese entrepreneurs

1 min  |

April 30, 2026

Financial Express Chandigarh

Federal Bank profit rises 22%

FEDERAL BANK ON Wednesday reported a 22.2% rise in its net profit to 1,259 crore for the quarter ended March, driven by rising net interest income and an improvement in the asset quality.

1 min  |

April 30, 2026

Financial Express Chandigarh

'No sign of MSME stress despite US tariffs, West Asia tensions'

Indian Bank reported an 11% year-on-year rise in its net profit to €12,156 crore in FY26, driven by higher interest income from its core business.

3 min  |

April 30, 2026

Financial Express Chandigarh

Beneath King’s jokes and decorum, some subtle rebuttals to Trump

KING CHARLES Ill quoted Oscar Wilde, joking that the British have everything in common with America “except, of course, language.’

1 min  |

April 30, 2026

Financial Express Chandigarh

Ethanol road map: Govt proposes E85, E100 fuels

THE CENTRE HAS proposed allowing higher ethanol blends in petrol, including E85 and E100, through changes to the Central Motor Vehicles Rules, marking the next step in the country's biofuel roadmap beyond the ongoing rollout of E20 fuel.

2 min  |

April 30, 2026

Financial Express Chandigarh

Adani Power profit soars 52%

ADANI POWER REPORTED a 52% year-on-year jump in profit to 4,017 crore during the quarter ended March 31, surpassing analyst estimates of ₹3,063 crore.

1 min  |

April 30, 2026