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DEE Development Engineers saw its profit fall 12% to ₹28 crore for the March quarter. This happened because their costs went up a lot. Even though they made more money overall, higher expenses ate into their profits. The company said, "Total income during the January-March period rose."
Milind Deora said India's tax system is a "useful model" after Jeff Bezos suggested the US should eliminate federal income tax for lower earners. Deora explained that in India, less than 4% pay income tax, agricultural income is exempt for many, and incomes up to $7,500 effectively pay zero tax due to rebates, making it progressive.
The government said there's "no shortage of petrol, diesel or LPG" nationwide. They're watching pumps that might be hoarding fuel and warned action will be taken. This comes as demand for diesel rose during harvest season, and people are switching to public pumps due to higher private prices.
Man Industries just bought a pipe company in Saudi Arabia for about ₹981 crore! This big move, through its arm Man International Steel Industries Company, is all about growing globally. The company said, "completion of the transaction in relation to acquisition of 100% equity stake." This will help them tap into Saudi Arabia's big projects.
Indian Railways is spending big on upgrades! The Vaishno Devi route is getting Rs 238 crore for safety, and a 68-km Chennai suburban line will get a second track for Rs 993 crore. Plus, the busy Howrah-Delhi route is adding a third line for Rs 962 crore. The minister said, "strengthen the long-term safety."
Newly married couples can build stronger finances by being open about money. Experts say "building financial transparency from the very beginning" is key. They should budget, save for emergencies, invest early, and plan insurance to handle life's ups and downs and reach goals together.
Sundaram Alternates just raised over Rs 2,500 crore for its real estate fund, way more than they aimed for! This fund is special because it's linked to good environmental and social practices. They've already put most of the money to work in deals. As the MD said, "our focus turns to delivering the outcomes we have committed to."
Emami's sales took a hit this summer, with revenue falling 4% to ₹925 crore. This was because of bad weather and trouble in West Asia. But, their main Indian business did well, growing 11% without the summer stuff. The company said, "Q4FY26 was impacted by temporary external headwinds."
Nitin Gadkari wants Indian companies to team up with US firms for new tech. He said, "India can emerge as the world's leading automobile industry." This move aims to boost innovation and lower logistics costs, pushing India towards becoming a global leader in cars within five years.
Electronics makers are shifting from phones to defence and medical gear because phone sales are slowing and profits are tight. Syrma SGS Technology's MD said, "We're increasingly looking to capture a larger chunk of contracts from defence, aerospace and med-tech verticals." This move aims for better profits from complex, high-value products.
Millions can now get credit cards! Secured cards, backed by fixed deposits, help people who can't get regular ones. These cards offer rewards and perks, just like normal cards. As the article says, "customers can opt for a secured or fixed deposit (FD)-backed credit card." This is a big step for financial inclusion.
Hey, so silver prices dropped by 1.27% today, May 21st, 2026. A gram of silver is now ₹271, and a kilo is ₹270,530. This happened even though silver had jumped earlier on hopes of US-Iran peace talks and a weaker dollar, but worries about interest rates are now pulling it down.