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-150.63
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Updated - May 21, 2026 at 09:00 AM.
Governance cloud dogs Tata stocks; ₹10 lakh crore lost since September 2024
Investor sentiment around the Tata Group has weakened following Ratan Tata’s death in October 2024, with listed Tata companies losing nearly ₹10-lakh crore in market value as concerns around governance and succession have increased uncertainty. During this period, Tata group indices underperformed broader markets, while investors and FPIs have become more selective amid leadership and structural concerns at the group level.
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NCDEX launches derivative on Mumbai monsoon
The Reserve Bank of India is expected to transfer a record surplus of nearly ₹3 trillion to the government this week, providing support to public finances as rising crude oil prices increase pressure on the economy and the rupee.
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Banks step up hiring of apprentices to cut costs, expand operations
Leading jewellers are stepping up gold exchange and recycling programmes as Prime Minister Narendra Modi pushes to curb gold imports, with consumers increasingly trading old jewellery for new purchases amid rising prices.Public sector banks in India are increasingly hiring graduate apprentices as a workforce strategy to meet rising operational needs in areas such as customer service and digital banking, with institutions like the State Bank of India recruiting 7,150 apprentices and Union Bank of India hiring 1,800. Apprentices receive a monthly stipend of ₹15,000 to ₹20,000, with partial government reimbursement, while banks also continue regular recruitment for clerical and officer roles alongside this model.
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Modi’s toffee gift to Meloni ignites rally in the wrong stock
A social media misunderstanding after Indian Prime Minister Narendra Modi gifted Italian Prime Minister Giorgia Meloni a packet of Melody toffees led investors to mistakenly buy shares of Parle Industries, causing the small software firm’s stock to surge 5% on Wednesday despite having no link to the confectionery brand.
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Script & VO: Shakthi H
Published on May 21, 2026
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