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Reliance Industries recommended a ₹6 per share dividend for FY ended March 31, 2026, alongside Q4 earnings that showed sequential profit declines and higher revenue.
Reliance Industries reported Q4 FY26 profit of ₹20,589 crore, gross revenue of ₹3,25,290 crore and EBITDA of ₹48,588 crore, with O2C growth but weaker Oil and Gas.
Reliance Industries reported Q4 net profit of Rs 20,589 crore and recommended a Rs 6 per share dividend for FY26, with record and payment dates awaited.
US raw steel output rose to 1.781 million net tons, lifting sentiment for Steel Dynamics as institutions added shares and the company declared a $0.53 dividend.
Reliance Industries reported a record FY26 profit of ₹95,754 crore, while quarterly margins stayed under pressure as energy volatility weighed on its energy-led businesses.
RBI revoked Paytm Payments Bank’s licence effective April 24, 2026, barred all banking activity, and said it will approach the High Court to wind up the bank.
IndusInd Bank returned to profit in Q4 FY26 as provisions eased and NII rose 43% year-on-year, even as asset quality ratios stayed elevated and advances declined.
IndusInd Bank swung back to profit in Q4 FY26 as NII rose to ₹4,371 crore, provisions fell, and the board recommended a ₹1.50 per share dividend.
US officials and CSIS warn Iran strike demand has reduced key missile stockpiles, potentially complicating Taiwan contingency planning, even as the White House and Pentagon dispute readiness concerns.
India’s forex reserves rose sharply across multiple weeks, crossing $700 billion, as higher foreign currency assets and gold strengthened import cover and external buffers, RBI data showed.
IndusInd Bank reported a return to profit in Q4 FY26 with higher income and NII, while deposits and advances declined and asset quality ratios inched up year-on-year.
RBI revoked Paytm Payments Bank’s licence effective April 24, 2026, barred all banking activity immediately, and said it will seek winding up while assuring deposit repayment liquidity.
JSW Motors and Tata Elxsi signed an MoU to open the JNEXT R&D center in Pune, building connected, AI-led platforms for electric, hybrid and plug-in hybrid vehicles.
The RBI cancelled Paytm Payments Bank’s licence effective April 24, 2026, barred it from banking operations, and said it will seek winding-up while assuring deposit repayment liquidity.
RBI revoked Paytm Payments Bank’s licence effective April 24, 2026, citing depositor-risk and compliance failures, and said it will approach the High Court to wind up the bank.
Hindustan Zinc approved a first interim dividend of ₹11 per share for FY2026-27 totaling ₹4,648 crore, and set April 30, 2026 as the record date.