Poonawalla Fincorp shares rise 6% on strong profit growth in Q4


The board said it has decided to conserve capital and, accordingly, did not declare any dividend for FY25-26.

The board said it has decided to conserve capital and, accordingly, did not declare any dividend for FY25-26.

Poonawalla Fincorp Shares rose on Wednesday after the company reported a sharp jump in quarterly profit, signaling a turnaround in performance.

The stock climbed 6 per cent to ₹465 on the NSE before trimming gains to close at ₹451.70 (3 per cent positive), compared with the previous close of ₹439.

The company posted a standalone net profit of ₹254.79 crore for the quarter ended March 2026, up sharply from ₹62.33 crore in the same period last year, reflecting strong earnings momentum.

Operationally, assets under management stood at ₹60,348 crore, with a secured to unsecured on-book mix of 54:46. Net interest income, including fees and other income, rose 78.5 per cent yoy to ₹1,276 crore. Net interest margin improved to 9.05 per cent in Q4 FY26 from 8.62 per cent in Q3 FY26, expanding 43 basis points q-o-q.

For the full year FY26, profit after tax stood at ₹541.81 crore, compared with a loss of ₹98.34 crore in FY25, marking a significant recovery in profitability.

The board said it has decided to conserve capital and, accordingly, did not declare any dividend for FY25-26.

Commenting on the performance, Managing Director and CEO Arvind Kapil said the company has reached an inflection point in its growth trajectory, supported by expanding yields and improving operating efficiency.

He noted that incremental net interest margins are strengthening, while lower credit costs and operating leverage are positioning the business for sustained profitability. He added that the company will continue to invest strategically to ensure long-term, sustainable earnings growth.

Published on May 6, 2026

Gold jumps on weaker dollar, Middle East peace hopes


Gold prices rose 2% on Wednesday, buoyed by a ⁠weaker dollar, while softer oil prices eased fears of inflation and higher-for-longer interest rates, amid hopes of a US-Iran peace deal.

Spot gold was up 2% at $4,647.09 per ounce, as of 0415 GMT. US gold futures for June delivery rose 2% to $4,658.

US President Donald Trump said on Tuesday ⁠he would briefly pause an operation to help escort ⁠ships through the Strait of Hormuz, citing progress toward a comprehensive agreement with Iran.

Gold gained as “oil prices retreated on reduction in geopolitical risk premium, after the US confirmed that the ongoing fragile ceasefire between Iran is still intact, despite the skirmish that was seen at the start of this week,” said Kelvin Wong, a senior market analyst at OANDA.

The US dollar and crude oil prices eased after Trump indicated that a possible peace deal may be reached to end the war with ⁠Iran.

US Secretary of State Marco Rubio told reporters on Tuesday that “operation Epic Fury is concluded,” adding that “we’re not cheering for an additional situation to occur.”

“Any signs of re-escalation of tension between the two of them, you will see gold prices seeing some form of profit-taking, or for short-term speculators to unwind their near-term net long positions in gold,” Wong said.

A weaker US currency makes dollar-priced metals cheaper for holders of other currencies. )USD/)

Elevated crude oil prices can stoke inflation, increasing the likelihood of higher interest rates. While gold is considered an inflation hedge, high interest rates make yield-bearing ⁠assets more attractive, weighing on its appeal.

Investors await the US ⁠non-farm payrolls release later this week, which will test whether the economy remains resilient enough to keep ‌the Federal Reserve’s monetary policy on hold.

Spot silver rose 3.4% to $75.62 per ounce, platinum gained 2.4% to $1,999.95, and palladium was up 2.6% at $1,524.59. (Reporting by Noel John in Bengaluru; Editing by Rashmi Aich and Mrigank Dhaniwala)

Published on May 6, 2026

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US-Iran War: Swallowed by the ground or the sky… Where did America’s fuel plane disappear after sending an emergency signal as soon as it passed through Hormuz?

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Amidst the ongoing war in the Middle East, the US Air Force’s KC-135 Strato tanker has suddenly come into the limelight. This aircraft, which is called Flying Gas Station because of its ability to fill fuel in the air, disappeared from the radar after sending an emergency signal during the flight. After this many questions have arisen.

According to flight-tracking data, the Boeing KC-135 telecasted squawk code 7700 near Qatar, an international emergency signal. It is used when the aircraft is facing a serious situation. Shortly after this the plane disappeared from radar. It is believed that at that time it was moving towards a military base.

Also read: ‘India-America Trade Deal…’, what did Trump’s minister Christopher Landau say while praising India for the trade agreement?

Last location and possible reasons

According to the report, the plane lost its altitude and lost signal over the Strait of Hormuz after turning towards Qatar. It is also being said that the aircraft was on an air-to-air refueling mission over the Gulf at that time. 7700 code can be triggered due to many reasons, such as technical fault, fire, medical emergency or any external threat.

completely disappeared after an hour

According to Gulf News, about an hour after the emergency code appeared, the plane’s transponder signal stopped completely. However, mere loss of signal does not confirm an accident, but its occurrence after an emergency alert raises concerns. So far there has been no official confirmation of any wreck, distress call, rescue operation or marine alert. It is also unclear how many crew members were on board, although the KC-135 is typically operated with a limited crew.

Why is this matter important?

The Strait of Hormuz is a major route for global oil supply. Any military or technological incident in this area can have an impact not only at the regional but also at the international level. In such a situation, the sudden disappearance of KC-135 is considered important from both security and strategic point of view.

Also read: Iran-US War: Internal turmoil created between America-Iran war, superpower America stuck in Hormuz, big impact on the world

Romania’s pro-EU government ousted after no-confidence vote | European Union

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The pro-European Union coalition of Romanian Prime Minister Ilie Bolojan has collapsed after a 281-4 vote of no confidence. The Social Democrats, Bolojan’s allies, sided with far-right parties to oust the prime minister. The leu, Romania’s currency, fell to a record low against the euro before Tuesday’s vote.



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After BJP’s bumper victory in Bengal, Bangladesh has big expectations from India, Khalilur Rahman said – ‘I speak their mind…’

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After BJP’s historic victory in Bengal elections, neighboring country Bangladesh has expressed great expectations about India. Bangladesh Foreign Minister Khalilur Rahman has said that in view of the current situation, the long pending Teesta water agreement can be reconsidered. This is also because Mamata Banerjee has been seen as an obstacle in the efforts to resolve the Teesta water dispute between India and Bangladesh.

What did the Foreign Minister of Bangladesh say?
Before leaving on a trip to China, when journalists in Dhaka asked Khalilur Rahman whether there was still hope for an agreement on the long-pending water sharing of Teesta river, he immediately replied that the new government has not yet been formed in West Bengal and it is his job to tell what he thinks and what he will do. It is not my job to read his mind.

After this, the Foreign Minister of Bangladesh, while referring to the agreement reached in 2011, expressed the hope of reconsidering the agreement. Khalilur Rahman said that Bangladesh will not wait for India’s decision, because it is a question of life and death for the people living on the banks of the river.

Mamta Banerjee had protested
In the year 2011, Teesta Agreement was agreed upon between Bangladesh and India. It was expected that it would be signed during the visit of the then Prime Minister of India Manmohan Singh to Dhaka, but due to the opposition of West Bengal Chief Minister Mamata Banerjee, this agreement was put on hold. After this Bangladesh started Teesta River Comprehensive Management and Restoration Project. Sheikh Hasina had sought assistance from China for the project during her visit to Beijing in 2019.

Saudi-UAE and Turkey found a new way by sidelining Iran, broke the Strait of Hormuz, what is the masterplan?

‘Dhaka-Delhi relations will improve further’
Bangladesh’s Minister of State for Foreign Affairs Shama Obaid on Monday described the West Bengal elections as a domestic event of India. After this, ruling BNP’s media cell member Sairul Kabir Khan expressed hope for positive developments in Dhaka-Delhi relations.

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Popeyes makes chicken wraps a permanent menu item to rival McDonald’s


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Popeyes Louisiana Kitchen is bringing back its chicken wraps for good — despite mixed reactions from customers who either love the snack or say it falls short.

“Popeyes is bringing back the Chicken Wraps fans couldn’t get enough of, and this time they’re here to stay,” the chain announced. “Starting May 4, Popeyes Chicken Wraps ($3.99) return to menus nationwide as a permanent offering.”

The wraps come in three “signature flavors”: Classic, Spicy and a new Blackened Ranch option. 

MCDONALD’S EXECUTIVE REVEALS SIMPLE MENU HACKS TO HELP CUSTOMERS PACK MORE PROTEIN INTO MEALS

They include lettuce, cheese and a pickle wrapped in a tortilla.

“We know our guests are looking for convenience without sacrificing great taste and value, which is why we’re thrilled to be giving Popeyes Chicken Wraps a permanent place on the menu year-round,” Peter Perdue, president of Popeyes U.S. and Canada, said in a statement.

A customer ordering food at a Popeyes restaurant counter in Austin Texas

Popeyes Louisiana Kitchen has brought back its fan-favorite chicken wraps as a permanent addition to the menu. (Brandon Bell/Getty Images)

Fans of the fast-food chain’s chicken wraps rejoiced on social media that they are no longer a “limited-edition” offering.

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“I. Have. Been. Waiting,” wrote one Instagram user.

“It’s good, but not great.”

Another commented, “The way I was just about to comment and say bring the wraps back … love you so deep.”

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Others, however, echoed the criticisms that came when Popeyes originally launched the item in 2025, sparking a so-called “wrap” battle with McDonald’s snack wraps.

A promotional image shows three of the different Popeyes Louisiana Kitchen chicken wraps from 2025.

Popeyes began offering three versions of its chicken wraps for a limited time last year before adding them to the menu permanently. (Popeyes Louisiana Kitchen)

“They’re all 2 bites of food, useless,” one Instagram user wrote about the Popeyes wraps.

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“It’s good, but not great — the proportions are off,” wrote another.

Popeyes restaurant building with signage in Miami Florida

Customers had mixed feelings about the return of Popeyes’ wraps. (Joe Raedle/Getty Images)

McDonald’s wraps — offered in Ranch and Spicy flavors — have been a permanent menu item since July 2025. Priced at $2.99, they are a dollar cheaper than Popeyes’ version.

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In its announcement about the chicken wrap, Popeyes also revealed that guests “can turn their wrap into a meal” as part of a bundle deal featuring two wraps and a premium lemonade for $9.99.

“The response so far has been very promising,” Perdue told Fox News Digital. “We’ve been following along on TikTok and Instagram, and the excitement is real. At Popeyes, we pride ourselves on listening to our guests, and moments like this remind us why that matters.”

Other new menu items Popeyes just introduced in time for summer include two types of limited-edition BBQ chicken sandwiches.

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Fox News Digital reached out to Popeyes for comment.



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Smriti Mandhana’s ex-fiance Palash Muchhal in trouble again, cricketer’s friend files case; Investigation continues – Reports Says Palash Muchhal Booked After Smriti Mandhana’s Friend Files Atrocities Act Case

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Smriti Mandhana’s ex-fiancé Palash Muchhal is once again seen getting into big trouble. This time the matter is not related to Smriti Mandhana, but because of her friend and this time the matter is said to be more serious. Know why complaint has been filed against Palash?

Who filed the case?
According to reports, a case has been registered against Palash Muchhal under the Scheduled Castes and Tribes (Prevention of Atrocities) Act. This complaint has been lodged by Vigyan Prakash Mane, a resident of Sangli, who is said to be Smriti Mandhana’s childhood friend.

According to the complaint, the incident took place on November 22 at a toll plaza on Sangli-Ashta Road. Mane alleges that during the debate, Palash Muchhal made objectionable remarks on caste. Police have registered a case under Section 3(1) of the SC/ST Act along with other sections. At present the investigation of this matter is going on.

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