*Financial News*
Source: Leading Newspapers
*Compiled by: RUDRA SHARES*
Vande Mataram
Thursday, 7 May 2026

*Corporate & Industry*
• Mahindra Lifespaces launches ₹1,650-crore premium Mumbai project
• JSW Steel awards mega metals contract to L&T for expansion projects
• PhonePe launches AI tool to speed up merchant payment integrations
• Walmart CEO Doug McMillon’s India visit includes Flipkart townhall; may meet PM
• Royal Enfield to expand beyond Tamil Nadu with new unit planned in Andhra Pradesh
• Sun Pharma gets relief in trademark case from High Court
• Godrej Consumer flags short-term margin pressure due to rising crude costs
• Power Ministry to seek Cabinet approval for ₹20,000 crore carbon capture scheme by July
• Companies may reduce IPO issue sizes to improve approval chances
• Vodafone Idea shares rise after Kumar Mangalam Birla appointed Non-Executive Chairman
• Coforge Q4 FY26: AI-led structural margin reset supports strong growth outlook
• SEBI sets up task force to tackle AI-driven cyber threats
• HDFC Bank shares surge after report cites no major governance concerns post Chairman exit
• Aarti Industries: Pricing tailwinds may help navigate challenging macro environment

*Banking, Finance & Markets*
• Indian Bank estimates ₹4,000–6,000 crore ECL impact; plans QIP in Q3 FY27
• RBI unveils specific turnover thresholds for money changers
• Satin Creditcare plans $20 million bond issue
• Canara Bank invites bids for ₹509 crore Rajesh Exports loan exposure
• RBI may need to absorb forex risk to attract higher foreign inflows
• SIPs delivered over 8% rolling returns across most five-year periods: Report
• NSE volumes decline in April, likely due to expiry-day holidays
• FIIs net sold equities worth ₹5,835 crore; DIIs net bought ₹6,837 crore on May 6
• DII investments in Indian equities cross ₹3 lakh crore in first four months of 2026

 *Commodities* 
• Silver ETFs jump over 2.5%; Gold ETFs also gain amid bullion rally
• Rupee surges 67 paise, marking steepest one-day gain in a month
• Oil prices rise about $1 as investors weigh Middle East peace prospects
• Gold Holds Hefty Gain 

*Economy & Policy*
• India secured fuel supplies through crude diversification during Hormuz tensions: S&P Global official
• S&P Global cuts India’s FY27 growth forecast to 6.6% amid Iran conflict concerns
• India’s total exports hit record $863 billion in FY26; services exports rise 8.7%

*Politics & Governance*
• Assam CM and ministers resign; new NDA government expected after May 11
• TVK stakes claim to form Tamil Nadu government; Governor unconvinced by numbers
• Congress Legislature Party meeting today as party eyes new Kerala CM by Sunday
• Puducherry Lt Governor dissolves 15th Legislative Assembly
• Suvendu Adhikari’s personal assistant shot dead in North 24 Parganas, West Bengal
• BJP claims oath-taking ceremony for first Bengal government may be held on May 9; Modi and Shah likely to attend
• Mamata Banerjee likely to challenge Bengal election verdict in Supreme Court

*Global & Geopolitical*
• Iran offers “full help” to all ships transmitting in Strait of Hormuz

*Jai Hind*
*Rudra Hai To Mudra Hai*
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