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Physis capital closes ₹400 crore fund, aims to increase portfolio to 15-20 companies Senco Gold Q4 net profit jumps 151% to ₹157 crore on strong demand, soaring gold prices Govt prepares ₹10,000 crore LIC stake sale next month DS Group to bring British brand Ben’s Cookies to India Magellanic Cloud Q4 Results: Net up 30% on growing demand Kerala Postal Circle posts 10% revenue growth; rolls out new parcel and delivery initiatives SC sets aside NCLAT order which rejected Amazon’s appeal Ola Electric secures ARAI approval for commercial e-scooter launch INS Kolkata thwarts suspected piracy attack near merchant vessel MV Mashallah 1 Supreme Court upholds EC’s power to conduct SIR Woodfield to export India’s first LNG marine loading arm from facility near Mumbai India alleges Pernod Ricard withheld Scotch composition, age in effort to pay lower tariffs HDFC Bank falls on report of payments to attract big deposits Pushp Brand files IPO papers with SEBI Chatter grows around SpaceX, Tesla merger: Report CPI(M) protests ED raids on Pinarayi Vijayan’s family, calls action politically motivated BYJU’S Raveendran says settlement talks with lenders, investors near completion Government, tech firms running tests for Mythos threat Nifty Prediction Today – May 27, 2026: Nifty 50 Futures: Support holds; can go higher Stock markets trade lower amid volatile trends Copper futures retain bullish outlook No ebola case in India as Bengaluru patience tests negative: Health Ministry India says it has right to defend itself, warns Pakistan of 'consequences' for cross-border terror US says $20.6 billion of tariff refunds on the way to importers Rupee falls 8 paise to 95.78 against US dollar in early trade 'India's agri sector-food industry must adapt to withstand climate impacts' Climate change fuelling growth of antibiotic-resistant Salmonella: Study Asian shares climb, oil holds gains as markets eye Iran talks, central bank moves Why did Coal India's shares fall 6% today with govt planning 2% OFS sale? Weak demand for recycled plastics has led to under-utilisation of capacity, say recyclers S&P 500 hits record high as Iran peace deal hopes hold: Markets Wrap Crude oil futures trade lower as US-Iran talks continue Marco Rubio seeks to repair US-India relations after Trump-era strains Iran condemns US strikes as show of 'bad faith', begins restoring internet after long shutdown Nvidia to spend $150 billion a year in Taiwan, ‘epicentre’ of AI revolution Q4 Results Today Live: Gillette, Physicswallah, Cummins India, GMR Airports, Aditya Infotech, KIOCL, Gabriel India, PG Electroplast, Bata, PC Jeweller, Cello to announce Q4 results, ONGC, EID Parry, Marksans Pharma, Astra Microwave, AIA Engineering, Brainbees, IRCTC in focus Byju’s Raveendran sentenced to six months in jail for Contempt of Court Red Balloon launches India’s first stratospheric super-pressure balloon India calls out ‘frozen’ UNSC architecture: Akin to running advanced AI technologies on 1945 version of computer Ugandan woman with suspected Ebola-like symptoms shifted to Bengaluru hospital; 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passengers evacuated safely USD/INR swap auction: Participants place bids for twice the $5 b notified amt Hike in fuel prices to squeeze cement cos profit Top Business & Market Headlines Today — BL Morning Report, May 27, 2026 Tata Sons Board reviews strategy amid losses and future investments IRDAI asks insurers to link pay packages of top executives to customer-centric metrics, financial health Coal India FY26 profit drops despite higher revenue, declares ₹5.25 dividend Sanofi India’s digital tool helps identify 300-plus rare diseases Bayer CropScience Q4 Results: Net up 13% at ₹162 crore on higher revenues Broker’s Call: CG Power and Ind (Buy) As AI costs rise, Indian firms look to SLMs Land prices are rising faster than construction costs in Bengaluru’s key realty hubs: Industry players Pocket: Cartoon Quad announces initiative on Indo-Pacific energy security amid West Asia disruptions Inflation targeting framework should have included ‘exchange rate stability’ clause: Former RBI Governor Subbarao TVS Supply Chain bets on India freight rebound, Europe turnaround to drive FY27 growth Airtel defends its ‘Priority Postpaid’ before DoT panel, says no degradation for prepaid customers Jubilant Ingrevia’s ₹2,000-crore specialty bet starts paying off as CDMO, nutrition drive growth Centre clears IMPCL disinvestment as Skymap Pharma emerges highest bidder User rights: Airtel’s priority plan raises questions on premiumisation of service quality Indian cotton body projects 7% increase in crop area this year Coempt EduTeck at the centre of controversy, again CBSE tech glitch: Cybersecurity experts call for stricter security, authentication norms Nifty, Sensex tumble even as Mid-cap scales new peak JK Tyre to invest ₹4,980 crore on capex in Chennai, Mysuru plants by 2030 AM/NS India becomes first globally to produce EQ70 high-strength welded pipes Pocket FM CFO Anurag Sharma steps down to pursue entrepreneurial venture Tier 2 cities seeing increased GCC momentum, says report HLL Lifecare expands menstrual cup production to 5 million under Thinkal project
Assam CM swearing-in ceremony scheduled in Guwahati on May 12
2026-05-07 · via Business News Today: Latest Business News, Finance News
Assam Chief Minister and BJP candidate from Jalukbari constituency, Himanta Biswa Sarma, celebrates with party workers after winning in the state Assembly election results, in Guwahati, Monday, May 4, 2026.

Assam Chief Minister and BJP candidate from Jalukbari constituency, Himanta Biswa Sarma, celebrates with party workers after winning in the state Assembly election results, in Guwahati, Monday, May 4, 2026. | Photo Credit: PTI

Assam Chief Secretary Ravi Kota chaired a comprehensive review meeting with the DGP, Assam, to assess preparedness for the coming visit of Prime Minister Narendra Modi to attend the swearing-in ceremony of the newly elected Council of Ministers at Veterinary College Field in Guwahati.

Assam Chief Secretary wrote on X, “The ceremony is scheduled to be held on 12 May at the Veterinary Field, Khanapara, and is likely to be attended by Hon’ble Chief Ministers and Deputy Chief Ministers from several States, Union Ministers, and distinguished representatives from industry.”

The Chief Secretary added on X, “Reviewed in detail the arrangements relating to security, traffic management, venue readiness, protocol, and inter-departmental coordination. Emphasised the need for seamless execution, strict adherence to established protocols, and close coordination among all stakeholders. All concerned departments have been directed to maintain the highest level of preparedness to ensure that the ceremony is conducted smoothly, securely, and in a manner befitting the significance of the occasion,” the Chief Secretary wrote on X.

BJP central observers to arrive in Guwahati

Bharatiya Janata Party leader Dilip Saikia told ANI that the party’s central observers, Union Minister JP Nadda and Co-Observer Nayab Singh Saini, will arrive in Guwahati on May 9 (Saturday) to oversee the election of the Leader of the party’s Legislative Party in Assam.

“On May 10, the BJP Legislature Party meeting will be held in Guwahati. After that, an NDA meeting will be held where the central observers will be present,” Dilip Saikia said.

Himanta Biswa Sarma resigns as caretaker Chief Minister

Earlier on Wednesday, Assam caretaker Chief Minister Himanta Biswa Sarma tendered his resignation, paving the way for the formation of a new cabinet following the party’s decisive electoral mandate.

Sarma confirmed that BJP National President Nitin Nabin has appointed JP Nadda and Nayab Singh Saini as central observers to supervise the selection of the next Chief Minister of Assam.

This comes after Sarma handed over his formal resignation to Governor Lakshman Prasad Acharya following a decisive victory in the Assam poll.

NDA secures strong mandate in Assam polls

The move marks the end of the current assembly’s term, clearing the path for the formation of the third consecutive BJP government in the state.

The BJP-led National Democratic Alliance secured a strong mandate in the state, winning 102 seats against the opposition’s 75 seats. The BJP won 82 seats, while its allies AGP and BOPF secured 10 seats each, taking the NDA’s total to 102. While the opposition Mitrajoot of INC secured 19 seats, Raijor Dal secured only 2 seats, while AJP failed to secure even a single seat. Meanwhile, AIUDF managed to get 2 seats.

Published on May 7, 2026