Savings Effect

FIIs Net Sell ₹8,047.86 Cr While DIIs Net Buy ₹3,487.10Cr In Equities Today (Provisional)

Cognizant is planning to cut around 4,000 jobs, roughly 1% of its global workforce, as part of a broader restructuring strategy driven by slowing demand and a pivot to AI. The layoffs are expected to impact mid-level roles, even as Cognizant plans to hire 20,000 freshers, signalling a shift toward a leaner, AI-focused workforce.

EPFO is launching a new portal, E-PRAAPTI, to help users track and access old or inactive PF accounts with ease.

IDBI Bank on Thursday reported a 5 per cent decline in net profit to ₹1,943 crore for the March quarter of FY 2025-26. The LIC-controlled bank had posted a net profit of ₹2,051 crore in the year-ago period.

Iran's new Supreme Leader Mojtaba Khamenei said in a published written message on Thursday that a new chapter for the Gulf and Strait of Hormuz has been taking shape since the Iran war with the United States and Israel broke out on February 28.

Adani Enterprises reported a consolidated net loss of ₹166.79 crore for the March quarter, compared with a profit of ₹4,014.90 crore in the same period last year, as higher depreciation and other costs weighed on earnings. The company’s total income for the quarter stood at ₹33,187.11 crore, up from ₹27,601.64 crore a year ago, according to its audited financial results.

AI may disrupt jobs but create new roles, Karnataka IT secretary says, as state ramps up skilling push

Global oil price retreats after hitting 4-year high on concern of US-Iran war escalation

Standard Chartered sells some card business to Federal Bank in pullback

Oil prices have jumped a massive 28% in just two weeks, with the Indian crude basket now hovering above $114 - well above the Reserve Bank of India baseline assumptions. Yet, the Nifty 50 has slipped just 1.8% in the same period, showing surprising resilience.

Sona BLW Q4 Results: Profit rises 17%, misses estimates; margins contract

Adani Enterprises slips into ₹221 crore Q4 loss, approves ₹15,000 crore fundraise; declares dividend

Trump says he will not lift a naval blockade of Iran’s ports until he secures a deal with Tehran to address the country’s nuclear program, extending a standoff over the Strait of Hormuz that has caused a global energy crisis.