Stock Market Today: Nifty50, Sensex Outlook May 11
Indian stock market remains fragile amid US-Iran tensions and crude oil volatility. Sensex up 0.53%, Nifty gains 0.74% last week. FIIs pull out Rs 14,231 crore. Key triggers ahead.
Category : Business
India's GDP to Hit 7.2% in Q4FY26: SBI Report
India's real GDP is projected to reach 7.2% in Q4FY26, driven by strong domestic demand, as per an SBI research report, indicating robust economic growth.
Gold, Silver Live: Precious Metals Range-Bound This Week
Gold and silver are expected to trade in a narrow range this week as investors balance geopolitical risks and macroeconomic data. Silver outperforms due to supply tightness and industrial demand.
Ludhiana Police Bust Luxury Liquor Refilling Syndicate
Ludhiana police dismantled a syndicate refilling premium liquor bottles with cheap alcohol, arresting a bar employee and seizing 500+ empty bottles of brands like Glenlivet and Chivas Regal.
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Three Held for Burning Dead Man's Finger, Toe in Fraud Plot
Bhilwara police arrested three men for burning a dead man's finger and toe with matchsticks to fake an accidental death for insurance fraud. The plan failed when the complicit doctor was absent.
Pune Jail Inmate Dupes 10 of Rs 1.5 Crore in Car Scam
A man already in Yerawada prison for rape has been charged with cheating over 10 people of Rs 1.5 crore by promising discounted cars. A software engineer lost Rs 14 lakh.
NSIL may get first private sector chief from Boeing
India's space PSU NewSpace India Limited (NSIL) may soon be headed by a private sector executive, likely from Boeing, marking a first for the Department of Space's commercial arm.
Reviving Cotton: Ground-Level Execution Key Challenge
India's cotton revival faces hurdles in policy execution. Experts stress on ground-level implementation for sustainable growth and farmer benefits.
AEPC Urges TN CM to Boost Tirupur Global Branding
AEPC urges new Tamil Nadu CM to support global branding of 'Made in Tirupur', establish state-level apparel board, and help industry reach Rs1 lakh crore by 2030.
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Fixed Income Strategy in Rising Yield Environment
Rising bond yields lower prices, affecting returns. Investors must adapt strategies to navigate the inverse relationship between yields and prices for better fixed income outcomes.
Bluspring Enterprises Targets Rs 5,000 Crore Revenue by FY28
Bluspring Enterprises targets Rs 5,000 crore revenue by FY28, driven by scaling high-margin businesses and entering sports, events, and hospitality sectors.
Auto PLI Gives Big Firms 13-15% Edge Over Startups: Euler CEO
Euler Motors CEO Saurav Kumar says the auto PLI scheme gives large firms a 13-15% advantage over startups. He highlights how EVs empower new challengers.
Indian Banks Face Margin Squeeze Despite Strong Credit Growth
Indian banks see credit growth outpacing deposits, but margins are under pressure due to rising deposit costs and shrinking low-cost CASA balances.
Gujarat Denim Sector Rebounds with Rising Production
Gujarat's denim industry sees a strong recovery with increased production and demand from domestic and export markets, driven by fashion trends and value brands, though profitability remains challenged by rising input costs.
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Gurgaon Man Made Fake Mounjaro and Toneup Injections
A man in Gurgaon allegedly produced counterfeit Mounjaro injections and an unapproved brand 'Toneup', marketed as a Japanese product. Drug authorities have recalled 22 injections.
Ahmedabad Restaurants Hit by Staff Shortage
Ahmedabad restaurants are grappling with a severe manpower shortage due to LPG crisis, wedding season, and migration, forcing owners to manage alone and cut services.
FPI Outflows from Indian Stocks Cross Rs 2 Lakh Crore
Foreign portfolio investors have pulled out over Rs 2 lakh crore from Indian stocks in 2025, the highest ever, pushing foreign holdings to a 14-year low of 14.7%.
Minor girls steal gold worth Rs 15 lakh, spend on arcade games
Two minor girls allegedly stole gold ornaments worth Rs 15 lakh from a house in Goa, sold them to local jewellers, and spent the money on themselves and arcade games. A taxi driver has been arrested for assisting them.
Kanpur Worker Dies in Piling Machine Explosion, Protest
An assistant operator was burnt to death in Kanpur after a piling machine's diesel tank exploded. Workers protested for three hours, demanding compensation. Police facilitated talks, and the construction agency assured maximum compensation.
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Rs 2.4 Crore Salary Scam in Latur Police, Four Booked
A massive salary disbursal scam involving embezzlement of Rs 2.4 crore has been uncovered in Latur police. Four officials manipulated payroll records over a decade, siphoning funds through inflated salaries and bribes.
SC Ruling May Hike Indian Railways' Power Costs
The Supreme Court ruled Indian Railways is a 'consumer' under the Electricity Act, liable to pay cross-subsidy surcharge, potentially increasing power procurement expenses.
Govt Allows VC, PE, Pension Funds to Bid for Highway Projects
India's road transport ministry has modified bidding norms for BOT highway projects, allowing Alternative Investment Funds and Foreign Investment Funds to bid, aiming to attract more private investment.
Tripura CM Saha Urges Faster Industrial Growth Using Bamboo
Tripura CM Manik Saha called for accelerated industrial development by leveraging bamboo, rubber, and local resources to boost investment and employment.
Rajkot trader loses Rs 18.53 lakh in fake import scam
A 28-year-old import-export trader from Rajkot was cheated of Rs 18.53 lakh by a man who promised to import machinery components from China but failed to deliver. The accused, Krunal Bhojak, allegedly duped others in Surat and Ahmedabad.
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TN Business Optimism High Despite Political Change Under Vijay
Industry leaders in Tamil Nadu express optimism as new CM Joseph Vijay signals policy continuity, with focus on manufacturing, investments, and governance reforms.
DDA to earn Rs 29,700 cr from Dwarka projects via licence fees
Delhi Development Authority shifts from land sales to long-term leasing, generating over Rs 29,700 crore in 55 years from three Dwarka projects including a hotel, TOD, and hospital.
Dharmendra Pradhan launches 47 projects worth Rs 194 crore in Sambalpur
Union Education Minister Dharmendra Pradhan inaugurated and laid foundation stones for 47 developmental projects worth nearly Rs 194 crore in Sambalpur, focusing on healthcare, tourism, and infrastructure.
Bihar Police Recruitment: 15,821 SAP Posts for Ex-Servicemen
Bihar police to fill 15,821 SAP vacancies via recruitment rallies for retired Army and CAPF personnel, with preference for specialised skills. No written exam.
Rs 200 Crore Industrial Estates in Kalaburagi and Yadgir
KKRDB and KSSIDC jointly develop new industrial estates spanning 210.5 acres in Kalaburagi and Yadgir districts at Rs 200 crore, boosting regional industrial activity.
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Insurance Company Ordered to Pay Rs 62,930 with Interest
Noida consumer commission directs Iffco Tokio to pay Rs 62,930 with 6% interest and Rs 4,000 costs for rejecting a valid medical claim.
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