Kaynes Tech Shares Hit Lower Circuit After 21% Profit Fall
Kaynes Technology shares tumbled 15% to hit lower circuit after Q4 net profit fell 21% YoY. Revenue grew but margins were squeezed, disappointing investors.
Category : Business
Sensex Jumps 228 Points, Nifty Above 23,500
Indian stock markets opened higher on May 14, with Sensex gaining 228 points and Nifty crossing 23,500. Adani Ports, Bharti Airtel, PowerGrid, and HCL Tech were top gainers.
DH Cartoon: Hard Work Doesn't Pay Off
A cartoon from Deccan Herald humorously critiques the modern economy where hard work no longer guarantees success, reflecting on societal and economic disparities.
Air India Cuts 145 Weekly International Flights This Summer
Air India suspends additional 145 weekly flights from June to August, adding to earlier cuts, to reduce costs amid rising losses. Passengers face higher fares.
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India Bans Sugar Exports Until September 2026
India has imposed an immediate ban on sugar exports, effective until September 2026, to ensure domestic supply and stabilize prices.
PFC Dividend 2026: Record Date, Payment Date, Share Price
PFC announces dividend for 2026 with record date and payment date. Check share price on NSE and BSE, quarterly results, and dividend history.
PE Investments in India Drop 33% to $19.6B in 2025
Private equity investments in India fell 33% to $19.6 billion in 2025 due to high valuations and geopolitical turmoil. Average deal value declined 25%, with sub-$100 million deals dominating.
Morgan Stanley, Kotak, Citi, Macquarie, Jefferies: Key Calls on Dr Reddy's, Dixon, Max Fin, Berger,
Morgan Stanley cut Dr Reddy's target to Rs 1,215, citing Q4 miss. Kotak raised Dixon Tech target to Rs 15,200 on strong Q4. Citi hiked Max Financial target to Rs 2,725. Macquarie kept underperform on Berger Paints. Jefferies raised Sagility target to Rs 5
Grasim, HUL, NALCO Top Stock Picks for May 14, 2026
Aakash K Hindocha of Nuvama recommends buying Grasim Industries, Hindustan Unilever, and National Aluminium Co today. Nifty may fall to 23150; Bank Nifty target at 52800.
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Gold, Silver ETFs Jump 6-7% as Import Duty Hiked to 15%
Gold and silver ETFs surged 6-7% after the government raised import duty on precious metals to 15% from 6%, while jewellery stocks showed mixed trends. Market experts cite structural frictions.
Stock Market Live: Sensex, Nifty Positive Start; Trump-Xi Meet
Stock market live updates: Sensex and Nifty signal positive start, but crude oil prices remain elevated. All eyes on Trump-Xi meeting amid US-Iran tensions. Rupee at record low, FII outflows cap upside.
Higher Gold Import Duty to Strain Middle-Class Buyers
Higher import duty on gold is expected to strain middle-class shoppers, with industry executives projecting a 10-15% dip in sales volumes in the near-term.
Rupee hits record low of 95.8 against US dollar
The rupee weakened to a record low of 95.8 against the US dollar on Wednesday, slipping 6 paise, as external pressures and firm global cues kept sentiment subdued despite government measures.
Pentagon Signs New Deals with Anduril, Castelion to Boost Missile Production
The Pentagon has reached framework agreements with Anduril, Castelion, and others to rapidly field low-cost cruise missiles and hypersonic solutions, aiming to produce over 10,000 missiles by 2030.
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No austerity plans, govt to continue capex and subsidies
Government clarifies no budget cuts or austerity measures, reaffirms commitment to record capital expenditure and subsidy payments despite PM Modi's call for reduced non-essential spending.
Ashok Lahiri takes over as NITI Aayog vice-chairman
Economist Ashok Lahiri assumes role as 4th vice-chairman of NITI Aayog. In his first interview, he prioritizes education, health, and infrastructure, supports higher gold import duty, and cautions against broad oil subsidies.
Sri Lanka Sees Surge in Indian Investment Interest
Ceylon Chamber of Commerce chairperson says growing Indian interest in Sri Lanka's hospitality, ports, and logistics sectors signals strong investment momentum.
India Bans Sugar Exports Until 2026 to Control Prices
India bans sugar exports with immediate effect until September 30, 2026, aiming to stabilize domestic prices amid falling production and rising demand.
Jake Paul and Jutta Leerdam Net Worth 2026: Combined Wealth
Explore the combined net worth of Jake Paul and Jutta Leerdam in 2026. Discover how boxing, endorsements, and social media built their multi-million dollar fortune.
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Kevin Warsh Confirmed as New Federal Reserve Chair
Kevin Warsh, former Fed governor and Republican adviser, has been confirmed as the next Fed chair in a 54-45 Senate vote, replacing Jerome Powell amid inflation concerns.
India Bans Sugar Exports Until Sept 2026
India bans sugar exports until September 2026 to stabilize domestic prices, likely boosting global prices and benefiting rival producers Brazil and Thailand.
GMR Plans Rs 2600 Crore Loan for Nagpur Airport Expansion
GMR Nagpur International Airport Limited plans to lease 1,320 hectares from Mihan India Limited, aiming to increase passenger capacity from 30 lakh to 3 crore over 30 years, with a new terminal in 4-5 years.
Nagpur Airport Expansion Gets Green Light, Boosting Economy
Union cabinet approves modernisation of Nagpur airport under PPP model, hailed as a decisive moment for Vidarbha's economic future and Mihan project.
Pune Fuel Sales Up 20% on Price Hike Fears, No Rush
Petrol and diesel sales in Pune have increased by about 20% over the past few days as consumers fill tanks fully amid speculation of a fuel price hike, though no panic buying is visible.
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Modi Must Tax the Rich, Not Just the Middle Class
An analysis argues that India's tax burden falls disproportionately on the middle class, urging the government to tax the wealthy more to reduce inequality and boost revenue.
Cabinet Clears Hurdle for Nagpur Airport Expansion
The Union Cabinet approved extending land lease for Nagpur airport, enabling GMR Group to take over operations and invest Rs 7,000 crore for modernisation, ending a six-year legal battle.
GBA to Issue OCs for Buildings with Up to 15% Deviation
The Greater Bengaluru Authority (GBA) will issue occupancy certificates for buildings with up to 15% deviation from approved plans, easing compliance for developers.
Pune Man Dies, Woman Injured in Truck Accident
A 27-year-old man from Wagholi died and his woman friend sustained severe injuries after falling off their motorcycle under a truck near Manchar, Pune.
NLSIU Students Overnight Protest Over Hostel Conditions
Students at NLSIU Bangalore held an overnight protest demanding better hostel facilities and infrastructure repairs, citing safety hazards and poor living conditions.
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Cabinet Clears Rs 37,500 Crore Coal Gasification Scheme
The Union Cabinet has approved a Rs 37,500 crore incentive scheme to promote coal gasification, aiming to reduce imports and boost clean coal technology.
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