The day's top stories include India's retail inflation easing to nearly a six-year low, Prime Minister Narendra Modi's speech at the Adampur Air Base, and some notable fourth quarter results.
On the equity markets front, the Wall Street saw stocks rising and bond yields falling amid bets on at least two Federal Reserve rate cuts this year. Meanwhile, Indian Indices ended the day with losses on Tuesday, after a record rally on Monday.
India's Retail Inflation At Lowest Since July 2019
India's retail inflation has slipped to its lowest in nearly six years, with cooling vegetable prices leading the deceleration. The consumer price index-based inflation moderated to 3.16% in April, from 3.34% in March. This is the lowest inflation reading since July 2019.
Read full story here.
Trump's Pharma Pricing Order May Impact Indian Players
India's pharmaceutical exports may feel the heat from US President Donald Trump’s latest push to lower domestic drug prices through an executive order expected to be signed tomorrow, say trade and policy experts.
Check full story here.
IAF Scripted History: PM Modi
The nation is indebted to our soldiers, said Prime Minister Narendra Modi during his speech at the Adampur Air Base. "I salute every Jawan from Army, Navy, Airforce and BSF Jawans from this stage." The IAF has "scripted history", he said. "Because of your valour and strength, Operation Sindoor was a success," Modi added.
Read more about PM Modi's speech from Adampur Air Base.
Market Recap
Wall Street got a degree of encouragement as data showed limited inflationary pressures from President Donald Trump’s trade war, with stocks rising and bond yields falling amid bets on at least two Federal Reserve rate cuts this year.
The S&P 500 rose toward its highest level since February, the month marking its latest all-time high. The S&P 500 rose 0.3% and the Nasdaq 100 rose 0.6%. Meanwhile, the Dow Jones Industrial Average fell 0.3%.
Back home, Indian Indices ended the day with losses on Tuesday's trading session, after a record on Monday. The Nifty 50 ended 1.39% lower at 24,578.35 and Sensex closed down 1.55% at 81,148.22.
Read full story here.
Tata Motors Sees Little Growth In Q4
Growth at Tata Motors Ltd. was largely muted in the final quarter of 2024-25 amid eroding profitability. Still, on an annual basis, key financial metrics were at a record-high. Consolidated net profit of India's largest automaker by volume fell more than 50% year-on-year to Rs 8,470 crore in the three months ended 31 March 2025.
Know more about Tata Motors Q4 results.
Bharti Airtel Q4 Results: Net Profit Slips 25%
Bharti Airtel Ltd.'s consolidated net profit fell 25% sequentially in the fourth quarter of financial year 2025, but stood firmly higher than what was projected by analysts. The telecom giant reported a bottom-line of Rs 11,022 crore during the January-March period, as compared to Rs 14,781.2 crore in the previous quarter.
Read full Q4 results data here.
No Change In India's J&K Policy: MEA
There is no change in India's official policy on Jammu & Kashmir, the Ministry of External Affairs said on Tuesday, adding that the only outstanding matter is vacation of the J&K territory occupied by Pakistan.
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Paytm Share Slips After Multiple Large Trade
Shares of Paytm-parent One97 Communications Ltd. fell over 4% after multiple large trades on Tuesday. Stock worth Rs 2,380 crore changed hands in multiple large trade order. While the buyers and sellers in the trade were not known, NDTV Profit on Monday reported that China's Alibaba Group is to reduce its stake in Paytm.
Read full story here.
Here Are Other Top Stories
Piyush Goyal To Lead Team To US For Trade Talks From May 17
From Electoral Bonds To Article 370: A Look At Landmark Judgments Of Justice Sanjiv Khanna
Ather Energy's Maiden Quarterly Results Show It's On The Path To Profitability
Tata Steel Expects UK Business To Turn Ebitda Positive In FY26, Says CEO TV Narendran
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