On a year-on-year basis, TVS Motor's revenue from operations rose 17% to ₹9,550.4 crore in the March 2025 quarter. Net profit grew at a faster rate of 76% to ₹852.1 crore, buoyed by the fact that benefits under the production-linked incentive (PLI) scheme for the full year were recognised in the fourth quarter.

Despite the RBI's 50 bps repo rate cut and liquidity infusion, a significant portion of borrowers haven't benefited due to reliance on MCLR-linked loans. MCLR remained unchanged at 9% in April, particularly affecting public sector borrowers. Banks' deposit costs and competition for funds are hindering faster transmission of rate cuts, impacting net interest margins.

Senior US and Ukrainian officials announced that they signed an agreement called the "United States-Ukraine Reconstruction Investment Fund" on Wednesday.

IndusInd Bank faces turmoil as CEO Sumant Kathpalia resigns after the bank absorbs significant losses from incorrect accounting practices in its derivatives book. The discrepancies, revealed in March, raised concerns about corporate governance and audit oversight.

Credit demand at mainstream lenders slowed to 12% in FY25, down from 16% the previous year, influenced by regulatory curbs on retail and unsecured lending. While most sectors experienced a slowdown, loans to industry remained stable. Notably, lending against gold surged due to rising prices, and renewable energy saw significant growth.

IndusInd Bank faces bearish sentiment as its CEO resigned amid forex derivative accounting discrepancies, leading to increased uncertainty. Derivative traders are creating short positions. The stock's future hinges on the profile of the new CEO, with analysts suggesting a private sector banker is crucial for rerating. Despite recent volatility, the stock trades near valuation lows.

Bajaj Finance shares tumbled 5.3% to close at ₹8,613.5 while Bajaj Finserv dropped 5.6% to close at ₹1,951 on Wednesday. Benchmark Nifty Index ended nearly flat on Wednesday.

IndusInd Bank faces uncertainty as CEO Sumant Kathpalia resigned following a ₹1,960-crore loss due to derivatives discrepancies, raising concerns about delayed recovery and business disruptions. Analysts suggest appointing a private-sector banker as the new CEO to navigate challenges in key portfolios like vehicle finance and microfinance. The bank's asset quality is under pressure, with rising non-performing assets.

Following CEO Sumant Kathpalia's resignation amid derivatives portfolio discrepancies, the RBI has approved IndusInd Bank's interim "committee of executives," including Soumitra Sen and Anil Rao, to manage daily operations. This committee will function under board oversight until a new CEO is appointed or for a maximum of three months.

A senior Ukrainian official says Kyiv has signed an agreement with Washington on minerals. The US says it has signed a deal with Ukraine on a joint investment fund.

Russia and North Korea have begun construction of their first road bridge across a border river.

The US Commerce Department says the economy contracted at an annualized rate of 0.3 percent from January to March. That is the first quarter of negative GDP growth in three years.

Ukrainian Prime Minister Denys Shmyhal said Wednesday a minerals deal with the United States could be signed in the near future, possibly "in the coming 24 hours."

Ukrainian Prime Minister Denys Shmyhal says he hopes Ukraine and the United States will sign a minerals deal "in the coming 24 hours."

Prosecutors in Japan's southwestern prefecture of Okinawa have indicted a US Marine for allegedly committing sexual assault against a woman and injuring another in a restroom on a US military base.

Nagoya, April 30 (Jiji Press)--Toyota Motor Corp. said Wednesday that it has reached a basic agreement with Waymo, a unit of Google parent Alphabet Inc., to explore a collaboration on self-driving technologies.

BEIJING—A delegation of Japanese lawmakers met senior Chinese officials here hoping for a continuation of "panda diplomacy," requesting the continued loan of giant pandas to Japan.

Tokyo, April 30 (Jiji Press)--Fuji Media Holdings Inc. said Wednesday that it expects to swing into a net loss in the year that ended in March due to the fallout of a scandal over its response to a sexual assault involving former television star Masahiro Nakai.

SEBI has proposed that certain shareholders, including directors, key managerial personnel, and current employees, must hold their shares in dematerialized form before an IPO document is filed. This move aims to eliminate risks associated with physical share certificates, such as loss and forgery.

Wall Street's main indexes opened sharply lower on Wednesday after data showed the world's largest economy contracted in the first quarter, amplifying worries about the economic hit from President Donald Trump's tariff policies.

SEBI Chairman Tuhin Kanta Pandey announced the regulator's commitment to resolving issues hindering the National Stock Exchange's IPO launch, focusing on governance, technology, clearing corporation matters, and ongoing litigations. NSE aims for transparency and accountability through the IPO, potentially exceeding Hyundai's record for the largest public issue, with an expected size of Rs 30,000 crore if 10% equity is sold.

The US Commerce Department says US gross domestic product shrank by 0.3 percent in the first quarter of the year.

Manila, April 30 (Jiji Press)--Japanese Prime Minister Shigeru Ishiba expressed caution Wednesday over an opposition proposal to temporarily lower consumption tax on food to zero pct.

Snap shares plummeted after the company cautioned about a slowdown in ad spending, fueled by tariff-related economic uncertainties. Chinese e-commerce giants Temu and Shein have significantly reduced their ad spending on major social platforms. Snap's CFO attributed this decline partly to changes in the de minimis exemption, impacting duty-free imports.

Wall Street's main indexes opened sharply lower on Wednesday after data showed the world's largest economy contracted in the first quarter, amplifying worries about the economic hit from President Donald Trump's tariff policies.

Japanese commercial broadcaster Fuji Television Network and its parent company say they will adopt a series of steps to prevent scandals and other forms of misconduct.

Trump eases auto tariffs but chaos erupts as Mercedes, Volvo, and VW slash forecasts and job cuts loom. Meanwhile, as gold touches ₹1 lakh on this Akshaya Tritiya. Should you buy or wait? We decode expert views, long-term risks, and investment strategy in this double-impact episode of Two Sharp with ET with Nisha Poddar

Wall Street's main indexes opened sharply lower on Wednesday after data showed the world's largest economy contracted in the first quarter, amplifying worries about the economic hit from President Donald Trump's tariff policies.

Beijing, April 30 (Jiji Press)--Former leaders of Japan's junior ruling party Komeito held talks with a senior official of the Communist Party of China in Beijing on Wednesday.

Japan's Prime Minister Ishiba Shigeru has urged the United States to review its tariff measures. He indicated he will pursue a solution that benefits both sides.

A US media outlet says Russian President Vladimir Putin has insisted on his country taking control of all four Ukrainian regions it claims to have annexed.

SEBI has proposed that certain shareholders, including directors, key managerial personnel, and current employees, must hold their shares in dematerialized form before an IPO document is filed. This move aims to eliminate risks associated with physical share certificates, such as loss and forgery.

India-Pakistan border tensions are flaring — and the stock market is reacting fast. Defence stocks, such as Paras Defence, Data Patterns, Cochin Shipyard, and HAL, are soaring, with gains of up to 20% even on a flat trading day. What’s driving this rally? This video breaks down the market movement, key stock winners, and expert views on whether this is the start of a Defence Supercycle in Indian markets. We also delve into major triggers, such as the ₹63,000 crore Rafale deal and the ₹25,000 crore Maritime Defence Fund announced in the Union Budget.

Tokyo, April 30 (Jiji Press)--A 63-year-old man who fled Vietnam 45 years ago as part of the boat people thanks Japan for helping him survive and build his life without fear of a war.

Japan's agriculture ministry says 1.9 percent of the released stockpiles of rice purchased at auctions last month reached retailers and other outlets that offer the staple food to consumers.

Japanese Environment Minister Asao Keiichiro has begun discussions with groups of Minamata disease sufferers on the eve of a memorial service for victims of the pollution-induced illness.

Redington Limited shows strong bullish momentum after a 40% rally from its April low. Experts suggest a buy for short-term traders. The stock price could reach Rs 281-300 in the next 1-2 months. Technical indicators like RSI and MACD support this positive outlook. Analysts highlight a recurring pattern of corrections followed by surges.

Policymakers at Japan's central bank are expected to lean toward keeping the key policy interest rate unchanged at their current meeting due to US tariff measures and other factors. The present rate stands at around 0.5 percent.

Tokyo, April 30 (Jiji Press)--Embattled Fuji Media Holdings Inc. said Wednesday that President Osamu Kanemitsu and three outside directors will step down at a general shareholders meeting in June.

Washington, April 30 (Jiji Press)--U.S. President Donald Trump on Tuesday urged Japanese and other foreign automakers to expand their vehicle production in the United States.

Tokyo, April 30 (Jiji Press)--Only 1.4 pct of Japanese government-stockpiled rice sold through auctions in March has reached supermarkets and other retailers in the country, an agriculture ministry survey showed Wednesday.

One sector where efforts at a clean-up have been taking longer than expected is the fertilizer sector. What started with the idea of a coating of neem on urea seems to be getting stuck with one or the other issue. The reality is that, as a sector, it has so many variables that any clean-up will take time. Are we close to an inflection point? The answer is in a grey area. But will it happen in another couple of years? Yes. And will every company get its act together? No.

Sao Paulo, April 30 (Jiji Press)--Nissin Foods Holdings Co. said Tuesday that it will put a chocolate product on sale in Brazil in June in the Japanese food maker's first release of anything but instant fried noodles in the country.

Indian shares ended muted on Wednesday as caution stemming from escalating geopolitical tensions with Pakistan offset optimism over progress in U.S. trade negotiations. Gains in heavyweight HDFC Bank helped cushion the impact, while Bajaj Finance declined despite reporting a rise in fourth-quarter profit.

Mark Mobius: Veteran investor Mark Mobius has allocated 95% of his funds to cash amid global trade uncertainty. He expects opportunities to emerge within 4–6 months, with India remaining a strong contender. He remains cautious yet optimistic on market rebounds.

Akshaya Tritiya gold 2025: Gold prices have dropped nearly 5% ahead of Akshaya Tritiya, prompting experts to recommend staggered investments. With strong historical returns, portfolio diversification benefits, and rising central bank demand, gold remains an attractive asset amid ongoing market uncertainties.

Market expert Rana Gupta in an interview to ET Now said that while the next 90 days are critical for the markets, this phase actually began around a month ago and marks the beginning of a broader transformation. It's not just a short-term phenomenon; the next 90 days will shape early outcomes, but the longer-term picture involves a complex rebalancing of global trade and investment flows.

The Japan Tourism Agency says the number of guests at hotels and inns in Japan during March reached a record high for the month.

Osaka, April 30 (Jiji Press)--The Vietnam pavilion at the 2025 World Exposition in Osaka finally opened to visitors Wednesday, more than two weeks after the Expo began in the western Japan city.

Tokyo, April 30 (Jiji Press)--Japan's Nuclear Regulation Authority on Wednesday approved a draft screening report that found the No. 3 reactor at Hokkaido Electric Power Co.'s Tomari nuclear power plant to be in compliance with new safety standards.

South Korea's intelligence agency says North Korean troops dispatched to Russia are believed to have suffered about 4,700 casualties, including 600 deaths.

Balmer Lawrie Investments' board will meet on May 21 to consider a buyback, bonus issue, stock split, and dividend. It will also review FY25 financials. The firm has a history of buybacks and recently split its stock. Dividend yield stands at 5.30%, with mixed stock performance in recent months.

Uncertainty rules both the domestic and global markets. And we seem headed for a slowdown in corporate earnings growth. In times like these, it might not appear to be a good idea to look at small-cap stocks. But, consider this: After witnessing sky-high valuations, there has been a correction in the small-cap space in the last three months. There are some stocks and sectors where companies with good products or services have reached a level where they are worth looking at. Even assuming the global market again turns volatile in the short term, these businesses are worth owning for the long term.

European shares climbed on Wednesday as investors assessed mixed corporate earnings and awaited key economic data, wrapping up a volatile month dominated by disruptive U.S. trade policy.

Tokyo, April 30 (Jiji Press)--A total of 195 major Japanese food makers are slated to raise the prices of 478 products, mainly processed meat products such as hams and sausages, in May, a survey by Teikoku Databank Ltd. showed Wednesday.

Toyota Motor says it has reached a preliminary agreement with US firm Waymo to collaborate in the development and deployment of self-driving technologies. Waymo is a subsidiary of Google parent Alphabet.

Delegates from the United States, Russia and China -- which together possess more than 90 percent of the world's nuclear weapons -- kept each other in check at a nuclear disarmament meeting at the UN in New York.

US Secretary of State Marco Rubio will soon talk on the phone with his Indian and Pakistani counterparts at a time of escalating tensions between the two countries following last week's deadly terrorist attack in the Indian-controlled part of Kashmir.

China's manufacturing activity in April fell below the boom-or-bust line for the first time in three months, reflecting the escalating trade war between Beijing and Washington.

Investor concerns over rising NPA provisions and a cautious outlook from experts like Dipan Mehta of Elixir Equities fueled a sharp decline in Bajaj Finance’s stock price. Mehta expressed disappointment with the company's Q4 performance, citing the impact of elevated provisions on profitability and valuation concerns.

Tokyo, April 30 (Jiji Press)--The leading opposition Constitutional Democratic Party of Japan proposed Wednesday a bill to allow married couples to choose different surnames.

Vietnam is celebrating the 50th anniversary of the end of the Vietnam War on Wednesday.

Japan's Nikkei share average gained on Wednesday as investors awaited developments in U.S.-Japan tariff talks, helping the benchmark to register its first monthly gain since December.

President Donald Trump’s second term has started with a wave of market turbulence not seen since Richard Nixon’s second term in 1973. The early days have created a climate of uncertainty, with volatility across markets now perceived as a semi-permanent feature. As Matt Thompson from Little Harbor Advisors put it, “They've injected a sort of a semi-permanent uncertainty.” (Source: Reuters)

Market Expert Dipan Mehta, in an interview with ET Now, said that Bajaj Finance continues to be a high-quality company, but the recent quarterly performance has been underwhelming. He notes that the stock has already run up significantly in the last two months, and the latest numbers have been disappointing. Although pre-provisioning profits have held up well, the 70–78% surge in NPA provisions has deeply impacted profitability.

The US corporate bond market has shown signs of revival, with increased new bond issuances and tightening credit spreads. However, despite these improvements, underlying investor sentiment remains cautious due to ongoing concerns about economic growth and inflation, largely triggered by unpredictable tariff policies. (Source: Reuters)

Beijing, April 30 (Jiji Press)--A Chinese government official has shown a positive stance on the possibility of newly lending a giant panda to Japan, as four giant pandas in the country will be transferred to China under the terms of a loan agreement around late June.

Tokyo, April 30 (Jiji Press)--Japan's economic revitalization minister Ryosei Akazawa voiced his eagerness to make progress in the upcoming second round of tariff negotiations with the United States as he left for the country on Wednesday.

On April 29, Bajaj Finance's board of directors approved a stock split in a 1:2 ratio, where each share of face value Rs 2 will be split into two shares of Re 1. Additionally, the company announced a 4:1 bonus issue, granting shareholders four extra shares for every one held after the stock split.

Reliance shares surged following a sharp market correction earlier in 2025. The rally also came on the back of the company's Q4FY25 earnings announcement, which boosted investor sentiment toward the Mukesh Ambani-led conglomerate.

Tokyo, April 30 (Jiji Press)--Japan's industrial production in March fell back, by 1.1 pct, month on month following a 2.3 pct increase in February, the Ministry of Economy, Trade and Industry said in a preliminary report Wednesday.

Water gushing from a broken pipe has inundated a national highway in Kyoto City, western Japan. City officials suspect aging infrastructure is to blame.

Relatives of Japanese nationals abducted by North Korea met with a senior US State Department official to seek American support for the swift return of the abductees.

Trump’s first 100 days back in office have erased trillions in market value, with the S&P 500 down 7% and the dollar index dropping over 9%. High-profile stocks like Tesla and Trump Media have plunged, while economic uncertainty grows amid aggressive tariffs and geopolitical risks. Wall Street’s early optimism has given way to what’s now being called the “Sell America” trade.

Amidst rising India-Pakistan tensions, defence stocks have surged, attracting heightened investor interest. Mutual funds increased holdings in 11 of 18 Nifty India Defence Index stocks in the March quarter, with BEML, Solar Industries, and MTAR Technologies leading the pack. While FIIs also increased stakes in several defence companies, some stocks experienced profit booking and selling pressure.

Tokyo, April 30 (Jiji Press)--A total of 100,164 tons of Japanese government-stockpiled rice was sold in a third auction at an average price of 20,302 yen per 60 kilograms, down 420 yen from the second auction, the agriculture ministry said Wednesday.

Nifty opened positively but stayed range-bound below 24,450, forming a small bearish candle. Key support lies at 24,200, with resistance at 24,500–24,650. Options data suggests a 24,100–24,500 immediate range. Traders can adopt a Bull Call Spread strategy to profit from potential upside while limiting downside risk.

Shares of Hindustan Aeronautics (HAL), Garden Reach Shipbuilders & Engineers (GRSE), Data Patterns, Cochin Shipyard, and others saw declines of up to 5.2% during the session. GRSE led the losses with a drop of 5.2%, followed by Data Patterns (-4.5%) and HAL (-3.1%).

Tokyo, April 30 (Jiji Press)--The leading opposition Constitutional Democratic Party of Japan proposed Wednesday a bill to allow married couples to choose different surnames.

As President Xi Jinping toured Southeast Asia this month, China used the opportunity to strengthen regional economic ties. Meanwhile, the People’s Bank of China (PBOC) moved quickly to promote broader adoption of the yuan, taking advantage of the global confusion caused by rising US tariffs. Cross-border yuan payments hit record highs in March, indicating growing global interest in the Chinese currency. (Source: Reuters)

Stock Market Holiday: As per the official holiday schedule of BSE and NSE, trading will remain closed on Thursday across equities, equity derivatives, currency derivatives, and securities lending and borrowing (SLB) segments. The stock market holiday aligns with Labour Day, celebrated in various regions of India on May 1.

Brokerages are optimistic about select retail and cement stocks, with 'Buy' ratings reaffirmed for Trent, Ambuja Cement, and ACC. Nuvama cites margin resilience and volume growth for Trent and Ambuja Cement, while Choice Broking highlights ACC's robust valuation and revenue growth expectations. Target prices suggest significant upside potential for investors over the next year.

Pakistani stocks and bonds face their worst month since 2023. Tensions with India escalate, impacting investor confidence. Information Minister Attaullah Tarar suggests potential Indian military action. India accuses Pakistan of involvement in an attack, which Pakistan denies. Despite recent improvements in investor sentiment, uncertainty prevails. Some analysts see the bond price drop as a buying opportunity.

It was the so-called “best and brightest” elites, assembled under the presidency of John F. Kennedy (1917–1963), who steered the United States into the quagmire of the Vietnam War.

Washington, April 29 (Jiji Press)--A group of families of Japanese nationals abducted by North Korea decades ago met with U.S. Deputy Secretary of State Christopher Landau in Washington on Tuesday, asking for cooperation and close communication for the early return of the abductees.

Paras Defence shares have jumped 40.5% in just three days ahead of its Q4FY25 results and a potential stock split, both set to be announced today. The rally is also supported by rising India-Pakistan tensions post the Pahalgam attack and progress on the Rs 63,000 crore Rafale-M jet deal. This will be the company’s first-ever stock split and dividend announcement.

US President Donald Trump has touted his achievements regarding illegal immigration and tariffs at a rally marking his 100th day in office.

Jana Small Finance Bank's shares declined by 2.6% following a 61.6% year-over-year drop in Q4 net profit, which stood at Rs 123.50 crore. Despite this, the lender's PAT increased by 11.3% sequentially. The bank witnessed improvements in net interest margin and asset quality, with gross NPA declining, while key ratios like CAR also improved.

Ambuja Cements shares:The company’s EBITDA for Q4 stood at Rs 1,868 crore, marking a 10% year-on-year increase, with margins holding steady at 18.9%. EBITDA per tonne was Rs 1,001, excluding the impact of a one-time government grant received in the previous quarter.

Indian equity markets initially dipped due to geopolitical tensions with Pakistan, overshadowing positive signals from U.S. trade negotiations. However, the indices recovered, supported by sustained foreign institutional investor inflows and India's economic resilience. Experts advise investors to remain calm during crises, noting the market's surprising strength despite recent challenges.

Trent Q4 results FY25: Trent reported a 55% YoY drop in Q4FY25 net profit at Rs 318 crore, despite a 28% rise in revenue to Rs 4,217 crore. Sequentially, PAT fell 36%. Zudio crossed $1 billion in annual revenue. Nuvama retained a ‘Buy’ but cut its target price to Rs 6,224, citing concerns over slowing like-for-like growth and Star business weakness.

Adani Green Energy shares: Adani Green Energy’s board, via its management committee, approved the allotment of 44,90,416 equity shares with a face value of Rs 10 each at a premium of Rs 1,470.75 per share during a meeting held on April 29. This allotment is part of a preferential issue initially announced in January 2024.

As India anticipates a scorching summer, cooling appliances and power sectors are gaining investor attention. Stocks like Blue Star, Voltas, and Whirlpool are poised to benefit from increased demand for ACs and electricity. While risks like delayed summer sales exist, analysts suggest a staggered approach, focusing on companies with strong pricing power.

Indian equity markets initially dipped due to geopolitical tensions with Pakistan, overshadowing positive signals from U.S. trade negotiations. However, the indices recovered, supported by sustained foreign institutional investor inflows and India's economic resilience. Experts advise investors to remain calm during crises, noting the market's surprising strength despite recent challenges.

IndiaMart InterMESH shares: The company’s consolidated revenue for the quarter reached Rs 355 crore, reflecting a year-on-year growth of 12.8% from Rs 315 crore in Q4FY24.

Japanese companies are lowering earnings forecasts for the fiscal year as they factor in the cost of additional import tariffs imposed by the US.

Japan's industrial production fell for the first time in two months in March partly due to a decline in passenger car output.

The old adage "Sell in May and go away" doesn’t hold true for Dalal Street. Data shows the Nifty delivered positive returns in six of the past 10 Mays, averaging a 1.5% gain. Even Wall Street defies the myth—S&P 500 has ended May in the green 31 times over the past 40 years.

Nifty today: Indian markets may open lower on Wednesday amid weak global cues. Nifty futures ended 0.10% lower at 24,429, while India VIX rose over 2%. Analysts see a broader trading range of 23,800–24,800. Chandan Taparia advises holding above 24,200 for upside. Experts recommend stocks like Care Ratings, Biocon, and Havells India for short-term trading.

On Tuesday, shares of Vishal Mega Mart closed 0.1% higher at Rs 107.6 on the BSE. The stock has gained 2% so far in 2025 and remains up 3% over the past one month. Its current market capitalisation stands at Rs 49,468 crore.

IndusInd Bank faces a leadership crisis as MD & CEO Sumant Kathpalia resigns following accounting discrepancies in its derivatives portfolio, revealed after an independent investigation. The issues, involving incorrect accounting practices, led to a significant adverse impact on the bank's profit and loss account. The RBI had previously limited Kathpalia's tenure extension due to governance concerns.

Trent Q4 results FY25: Trent reported a 55% YoY drop in Q4FY25 net profit at Rs 318 crore, despite a 28% rise in revenue to Rs 4,217 crore. Sequentially, PAT fell 36%. Zudio crossed $1 billion in annual revenue. Nuvama retained a ‘Buy’ but cut its target price to Rs 6,224, citing concerns over slowing like-for-like growth and Star business weakness.

Bajaj Finance shares: Despite reporting a 19% YoY increase in net profit to Rs 4,546 crore for Q4 FY25, Bajaj Finance shares declined. The company announced a stock split, bonus issue, and dividends, with AUM rising 26% to Rs 4.16 lakh crore. While loan losses increased, customer base reached 10 crore, and the outlook remains positive amid strong consumer demand.

Bajaj Finserv reported a 14% YoY rise in Q4FY25 net profit at Rs 2,417 crore, with revenue also up 14% to Rs 36,595 crore. Sequential PAT grew 8%. FY25 net profit rose 9% to Rs 8,872 crore, while revenue jumped 21%. The company declared a Re 1 dividend. Shares delivered 29% returns over the past year.

North Korean media outlets have reported that the country's leader Kim Jong Un has observed the test firings of cruise missiles and weapons systems mounted on a recently launched destroyer.

Students from Hiroshima and Nagasaki have called for a world free of nuclear weapons at the United Nations in New York.

IndiaMart InterMESH shares: The company’s consolidated revenue for the quarter reached Rs 355 crore, reflecting a year-on-year growth of 12.8% from Rs 315 crore in Q4FY24.

Bajaj Finserv reported a 14% YoY rise in Q4FY25 net profit at Rs 2,417 crore, with revenue also up 14% to Rs 36,595 crore. Sequential PAT grew 8%. FY25 net profit rose 9% to Rs 8,872 crore, while revenue jumped 21%. The company declared a Re 1 dividend. Shares delivered 29% returns over the past year.

Tokyo, April 30 (Jiji Press)--Kabuki actor Onoe Kikunosuke V assumed the name Onoe Kikugoro VIII at a special performance held at the Kabukiza theater in Tokyo on Tuesday.

“Marico has maintained its positive bias despite the broader market correction, forming a higher base after retesting support near its medium-term moving average, the 100-day WEMA. Traders can buy for a target of Rs 770 in the next 1-2 months,” Ajit Mishra – SVP, Research, Religare Broking Ltd.

Bajaj Finance shares: Net Interest Income (NII) increased by 22% year-on-year to Rs 9,807 crore, up from Rs 8,013 crore in the corresponding quarter of the previous year. The robust profit growth was supported by strong loan expansion, better margins, and stable asset quality.

BPCL reported an 8% YoY decline in Q4FY25 net profit at Rs 4,392 crore, while revenue slipped 4% to Rs 1.26 lakh crore. Sequential PAT rose 15%. FY25 profit halved YoY to Rs 13,336 crore. The board recommended a Rs 5 dividend per share. BPCL shares have delivered 41% and 159% returns over 3 and 5 years.

On Tuesday, shares of Vishal Mega Mart closed 0.1% higher at Rs 107.6 on the BSE. The stock has gained 2% so far in 2025 and remains up 3% over the past one month. Its current market capitalisation stands at Rs 49,468 crore.

Japan's top tariffs negotiator is on his way to Washington for a second round of talks. Economic Revitalization Minister Akazawa Ryosei took off from Tokyo's Haneda Airport on Wednesday morning.

A meeting of the BRICS emerging economies has ended with a presidential statement expressing serious concerns over "indiscriminate" tariffs, without naming the US administration of President Donald Trump.

Sumant Kathpalia resigned as MD and CEO of IndusInd Bank. This follows Arun Khurana's resignation and revelations of accounting discrepancies. An investigation confirmed a significant impact on the bank's profit. The RBI had previously limited Kathpalia's tenure due to governance concerns. Discrepancies arose from incorrect derivative trade accounting. The bank discontinued internal derivative trading.

Nifty closed slightly higher on Tuesday, fueled by optimism surrounding US trade negotiations and robust institutional buying from both FIIs and DIIs. Technical analysis suggests potential consolidation in the short term, with key levels to watch at 24,550 and 24,250. The rupee strengthened, supported by lower crude oil prices and consistent foreign inflows.

U.S. Treasury Secretary Scott Bessent predicted China could lose 10 million jobs quickly due to tariffs, but signaled progress on trade deals with other countries including Japan and India.