Jubilant Ingrevia Ltd has reported a robust financial performance for the fourth quarter of FY2025, with its consolidated net profit more than doubling to Rs. 74.05 crore, up from Rs. 29.25 crore in the same period last year. Despite a decline in total income, which fell to Rs. 1,059.62 crore from Rs. 1,083.94 crore, the company benefitted from lower expenses. For the full fiscal year, Jubilant Ingrevia saw a significant increase in net profit to Rs. 251.17 crore, compared to Rs. 182.89 crore in FY2024, supported by steady revenue growth in its specialty chemicals segment.

Tata Motors, one of India’s leading automotive manufacturers, reported a significant year-over-year decline of 51% in its consolidated net profit for the March quarter, falling to Rs. 8,556 crore. This is in sharp contrast to the Rs. 17,528 crore it posted in the same period last year. While revenues remained steady at Rs. 1,19,503 crore, the profit drop has raised investor concerns. For the full fiscal year 2024–25, the company reported a consolidated net profit of Rs. 28,149 crore. Despite stable revenue growth, shares of Tata Motors declined 1.76% in Tuesday’s session, closing at Rs.

India’s retail inflation cooled to 3.16% in April 2025, marking its lowest level in nearly six years, as prices of essential food items such as vegetables, pulses, and fruits fell sharply. This sharp moderation in inflation, from 3.34% in March and 4.83% a year ago, reinforces the Reserve Bank of India’s monetary comfort and gives policymakers greater room to maneuver. With food inflation dropping to just 1.78%, well below last year's 8.7%, the macroeconomic environment appears increasingly stable.

In an unexpected move, Virat Kohli, one of the most revered figures in world cricket, has decided to step away from Test cricket. Known for his relentless energy, immense passion, and unwavering commitment to the format, Kohli’s departure from Test cricket marks the end of an era. In a heartfelt message, he explained that the demands of the format no longer align with his body, mind, and spirit. This article reflects on Kohli's journey, his unique attributes, and the indelible mark he has left on Indian cricket, especially in the longest format of the game.

After a record rally on Monday, Indian stock markets faced a sharp correction on Tuesday, with the benchmark Sensex plunging by 1,282 points, or 1.55%. Profit-taking across various sectors, especially IT, auto, and private banking, led the decline. The broader Nifty also saw a notable drop of 1.39%. While the markets experienced significant losses, some stocks like Sun Pharma and Bajaj Finance posted gains. Analysts attribute the pullback to profit-booking after the relief-driven surge caused by easing geopolitical tensions and trade war concerns.

Mike Hesson, the former New Zealand head coach, has been appointed as the new white-ball head coach for the Pakistan men's cricket team. Hesson, currently coaching Islamabad United in the Pakistan Super League (PSL), will join the Pakistan Cricket Board (PCB) on May 26, following the conclusion of PSL 2025. His contract is understood to be for two years. Hesson’s appointment follows a series of changes in the coaching staff, including the departure of Gary Kirsten and the interim role of Aqib Javed.

Petrol and diesel prices in Kolkata saw a modest upward revision as oil marketing companies (OMCs) recalibrated the basic price of fuel. Effective May 12, petrol now costs Rs. 105.41 per litre, while diesel stands at Rs. 92.02 per litre, reflecting a 40 paise and 20 paise increase, respectively. This move—stemming from periodic adjustments by OMCs—comes amid stable global crude prices and ongoing worries about domestic inflation.

In response to heightened geopolitical tensions and the resulting closure of Pakistan’s airspace, Air India has recalibrated its long-haul operations to North America. The Tata Group-owned carrier has begun routing select flights through Mongolian airspace while implementing technical stops in Kolkata. These strategic adjustments aim to mitigate escalating operational costs, address crew time limitations, and maintain schedule integrity.

Carborundum Universal Ltd., a leading abrasives manufacturer and part of the Murugappa Group, reported a sharp decline in its fourth-quarter net profit, signaling margin pressures despite steady revenue growth across business segments. For the quarter ending March 31, 2025, net profit fell to Rs. 30.10 crore, a significant drop from Rs. 142.56 crore in the same period last year. Annual income showed resilience, rising modestly year-over-year, backed by gains in abrasives, electro minerals, and ceramics.

The Indian Premier League (IPL) 2025 season is set to resume on May 17 following a week-long suspension due to escalating tensions between India and Pakistan. The disruption occurred when a match between Punjab Kings and Delhi Capitals was halted amidst rising military actions and airspace violations. However, after a ceasefire agreement on May 10, the BCCI consulted with the government and security agencies, leading to the decision to restart the tournament. The playoffs are scheduled to begin on May 29, with the grand final taking place on June 3.