Deepak Fertilisers Reports 50% Drop in Q4 FY26 Earnings

By

Mumbai, May 28 (IANS) Deepak Fertilisers and Petrochemicals Corporation Limited on Thursday reported a 50 per cent decline in fourth-quarter earnings (Q4 FY26) as higher maintenance and efficiency enhancement costs related to its ammonia plant weighed on margins.The company posted a 50 per cent year-on-year fall in consolidated net profit at Rs 139.4 crore for the quarter ended March 2026, compared with Rs 277 crore reported in the corresponding quarter of the previous financial year (Q4 FY25), …

Department of Administrative Reforms and Public Grievances Demonstrates NeSDA 2025 Portal

By

New Delhi, May 28 (IANS) The Department of Administrative Reforms and Public Grievances (DARPG) held a detailed walkthrough and demonstration of the National e‑Governance Service Delivery Assessment (NeSDA) 2025 portal, an official statement said on Thursday. The portal will collect online data from States, Union Territories and Central Ministries to assess the availability, accessibility and maturity of online service delivery, the statement from Department of Administrative Reforms and Publi…

India’s Portfolio Management Services Industry Grows to Rs 42.2 Lakh Crore in April 2026

By

New Delhi, May 28 (IANS) India’s portfolio management services (PMS) industry expanded to Rs 42.2 lakh crore in April 2026, up 2.1 per cent month-on month, indicating healthy investor participation entering FY27, a report said on Thursday.The report from Association of Portfolio Managers in India (APMI) said the client base stood at approximately 2.12 lakh accounts, with a 1.7 per cent adjustment during the month.A net inflow of Rs 25,088 crore was recorded in April, compared to a net outflow …

Government Collaborates with Industry to Revamp AI Curriculum in Indian Educational Institutions

By

New Delhi, May 28 (IANS) The Central government is collaborating with industry to comprehensively overhaul the AI curriculum, including in B.Tech Computer Science and allied curricula, in Indian educational institutions, an official statement said on Thursday.The overhaul aims to boost practical exposure, faculty readiness and create a flexible pathway for students, the statement from the Ministry of Electronics & IT said.Union Minister for Electronics & IT, Ashwini Vaishnaw, held a high…

Union Minister Releases Rs 10,021.42 Crore for Housing Projects in 12 States

By

New Delhi, May 28 (IANS) Union Minister Shivraj Singh Chouhan on Thursday released a “mother sanction” of Rs 10,021.42 crore to 12 states under the Pradhan Mantri Awaas Yojana-Gramin (PMAY-G), in a landmark step towards realising the vision of ‘Housing for All’ by March 2029.The sanction was released via video conferencing to the states of Assam, Chhattisgarh, Gujarat, Haryana, Himachal Pradesh, Jharkhand, Karnataka, Kerala, Punjab, Rajasthan, Tamil Nadu and Uttar Pradesh.Addressing the …

India’s Himalayan Region Poised to Drive Economic Growth: Minister

By

New Delhi, May 28 (IANS) The next phase of India’s economic expansion will increasingly emerge from sectors and resources that remained underexplored for decades, particularly in the Himalayan region, Union Minister of State (Independent Charge) for Science and Technology, Dr Jitendra Singh, said on Thursday.The Himalayan economy is set to become a major contributor to India’s future economic growth as the country moves towards the vision of Viksit Bharat 2047, he said while addressing the N…

Bharat Dynamics Limited Reports 59.5% Decline in Q4 FY26 Earnings

By

Mumbai, May 28 (IANS) Defence public sector undertaking Bharat Dynamics Limited on Thursday reported a 59.5 per cent decline in earnings for the fourth quarter of fiscal 2026 (Q4 FY26).The company posted a profit of Rs 113 crore for the quarter ended March 31, compared to Rs 273 crore reported in the corresponding quarter of the previous financial year (Q4 FY25), according to its stock exchange filing.Revenue from operations also witnessed a steep fall of 73 per cent year-on-year to Rs 480 crore…

China Tightens Oversight on Overseas Stock Trading Channels

By

New Delhi, May 28 (IANS) China has stepped up enforcement against unauthorised overseas stock trading channels as regulators move to tighten oversight of capital outflows amid rising demand from mainland investors for access to global equities, according to multiple reports.The clampdown comes as financial regulators intensify action against platforms facilitating offshore trading outside approved investment routes, in a broader effort to reinforce capital controls and maintain financial stabili…

Procter and Gamble Reports 2% Decline in Q4 FY26 Net Profit

By

Mumbai, May 28 (IANS) Procter and Gamble Hygiene and Health Care Limited on Thursday reported a 2 per cent decline in net profit for the fourth quarter of fiscal 2026 (Q4 FY26).The company posted a consolidated net profit of Rs 153 crore in the January-March quarter, compared to Rs 156 crore reported in the corresponding quarter of the previous financial year (Q4 FY25), according to its stock exchange filing.Revenue from operations declined 5.1 per cent year-on-year to Rs 941 crore during the qu…

India’s BFSI Sector Faces Rising Cyberattacks, Report Shows

By

New Delhi, May 28 (IANS) India’s banking, financial services and insurance (BFSI) sector is facing cyberattacks at 1.6 times the global average, even as incidents have more than doubled over the past four years, a report showed on Thursday.A joint report by Boston Consulting Group (BCG) and the Data Security Council of India (DSCI) highlighted that cyber incidents in the Indian BFSI sector rose from 1.4 million in 2021 to 2.9 million in 2025.It noted that the mean time to contain a breach in I…