The Nifty index is consolidating in the 23,800–24,450 range, with FPIs showing bullish sentiment. FPIs have accumulated 97,938 futures contracts and invested Rs 37,326 crore in the cash market over ten days. Their long-short ratio has risen to 44.30%, indicating strong long positioning. A breakout above 24,500 could trigger a rally, but risks like geopolitical tensions and volatility remain.

Visa is collaborating with AI firms like Anthropic, Microsoft, and OpenAI to enable AI agents that streamline online shopping and payments, reducing consumer effort. CEO Ryan McInerney predicts advertising and shopping will evolve with AI, while Visa aims to set a new commerce standard. Rivals Mastercard and PayPal have announced similar initiatives.

Indian Oil Corporation Limited (IOCL) is not actively pursuing a crude oil term-deal with Russia due to geopolitical uncertainties and sanctions. Chairman AS Sahney stated that while open to future deals, no negotiations are underway. IOCL previously had a term-deal that expired in March 2023 and now buys Russian oil on a spot basis.

U.S. stocks fell Wednesday after Q1 GDP showed a 0.3% contraction, contrasting with 2.4% growth in Q4. The Dow dropped 0.6%, S&P 500 1%, and Nasdaq 1.4%. Consumer spending rose 0.7% in March, but concerns about a recession resurfaced. The market rebound from April’s tariff-driven losses was halted. Companies like First Solar and GE Healthcare cut outlooks due to tariffs.

Ace investor Ashish Chugh sold a 0.4% stake in Alan Scott Industries, which manufactures health and hygiene equipment, by offloading 14,717 shares at Rs 209.55 each, valued at Rs 30.8 lakh. The company's shares closed 1.88% lower at Rs 195.85 on BSE. Other bulk deals included Canara Bank selling 1.11 lakh shares in ANS Industries.

Chhatisgarh-based Jinkushal Industries, a leading non-OEM construction machines exporter, has filed for an IPO with SEBI to raise funds. The IPO includes 86.5 lakh fresh shares and 10 lakh shares via offer-for-sale. The company, holding a 6.9% market share, plans to use funds for working capital and corporate purposes. It reported an 84.3% YoY profit growth to Rs 18.6 crore in FY24.

IndusInd Bank CEO Sumant Kathpalia resigned after the bank disclosed it would absorb ₹1,959.98 crore in losses from incorrect accounting in its derivatives book, raising concerns about corporate governance and audits. The issue, linked to faulty derivative trades, inflated profits. While the crisis is significant, it appears contained, unlike broader mismanagement seen in past banking failures.

The pace of credit demand slowed to 12% in FY25 from 16% a year ago, driven by regulatory curbs on retail and unsecured loans. While lending to industry remained stable, sectors like agriculture, infrastructure, retail, and services saw deceleration. However, loans against gold jewelry surged 50%, and renewable energy credit grew 79%, reflecting targeted increases in specific areas.

Endurance Technologies Ltd., a leading auto components maker, is foraying into the lithium-ion battery space. The company is setting up a new facility in Pune, Maharashtra investing ₹47.3 crore. Production begins in January 2026, starting with 35,000 battery packs monthly. The company reported a 21.2% net profit rise to ₹184.4 crore and 11.6% revenue growth to ₹2,859 crore in Q3.

The US economy contracted for the first time since 2022, prompting traders to expect Federal Reserve interest-rate cuts, with four quarter-point reductions anticipated by year-end. Short-term Treasuries rose, lowering yields, while the GDP fell 0.3% and inflation accelerated to 3.5%. The yield curve steepened as longer-term yields edged higher amid unchanged Treasury auction sizes.

Ukrainian negotiators in Washington are finalizing a deal with US for privileged access to natural resources like aluminum, graphite, oil, and gas. Both sides have agreed on the main terms but are resolving technical details. The US insists all components be finalized together, while Ukraine hopes to sign soon. The agreement aims to strengthen economic ties and support Ukraine's reconstruction.

IVANA Jewels, a Surat-based lab-grown diamond and Polki jewellery brand, raised Rs 2 crore in seed funding from Avinya Ventures. The company plans to use the capital for new product lines, marketing, and store expansion, targeting Rs 60 crore revenue by FY26. It aims to operate 12-15 stores by FY24 and strengthen its online presence, which currently contributes 60% of sales.

Indus Towers Ltd. reported a 4% drop in March-quarter net profit due to accounting changes, with revenue rising 7.4% to ₹7,727 crore. The company deferred shareholder value enhancement proposals, forming a committee to evaluate options like buybacks or bonuses. Shares rose 1% to ₹406.5, marking a 15% gain over the past month.

Northwest Pipe (NWPX) reported Q1 2025 revenue of $116.1M, beating estimates by 3.7% with 2.6% YoY growth. However, GAAP EPS of $0.39 missed by 26.9%, and adjusted EBITDA of $10.12M fell 23.3% short. Operating margin dropped to 4.8%, with free cash flow improving to $1.18M. The stock rose 3.1% despite challenges from weather and new trade policies.

America’s toymakers, reliant on Chinese manufacturing for roughly 80% of toys sold in the U.S., face financial ruin due to 145% tariffs on Chinese imports. Nearly half of 400 surveyed companies may go bankrupt, with many delaying or canceling orders. Companies like Hasbro and Mattel are diversifying production, but costs may rise for consumers, threatening the holiday season.

The Nifty index is consolidating in the 23,800–24,450 range, with FPIs showing bullish sentiment. FPIs have accumulated 97,938 futures contracts and invested Rs 37,326 crore in the cash market over ten days. Their long-short ratio has risen to 44.30%, indicating strong long positioning. A breakout above 24,500 could trigger a rally, but risks like geopolitical tensions and volatility remain.

Visa is collaborating with AI firms like Anthropic, Microsoft, and OpenAI to enable AI agents that streamline online shopping and payments, reducing consumer effort. CEO Ryan McInerney predicts advertising and shopping will evolve with AI, while Visa aims to set a new commerce standard. Rivals Mastercard and PayPal have announced similar initiatives.

Indian Oil Corporation Limited (IOCL) is not actively pursuing a crude oil term-deal with Russia due to geopolitical uncertainties and sanctions. Chairman AS Sahney stated that while open to future deals, no negotiations are underway. IOCL previously had a term-deal that expired in March 2023 and now buys Russian oil on a spot basis.

U.S. stocks fell Wednesday after Q1 GDP showed a 0.3% contraction, contrasting with 2.4% growth in Q4. The Dow dropped 0.6%, S&P 500 1%, and Nasdaq 1.4%. Consumer spending rose 0.7% in March, but concerns about a recession resurfaced. The market rebound from April’s tariff-driven losses was halted. Companies like First Solar and GE Healthcare cut outlooks due to tariffs.

Ace investor Ashish Chugh sold a 0.4% stake in Alan Scott Industries, which manufactures health and hygiene equipment, by offloading 14,717 shares at Rs 209.55 each, valued at Rs 30.8 lakh. The company's shares closed 1.88% lower at Rs 195.85 on BSE. Other bulk deals included Canara Bank selling 1.11 lakh shares in ANS Industries.

Chhatisgarh-based Jinkushal Industries, a leading non-OEM construction machines exporter, has filed for an IPO with SEBI to raise funds. The IPO includes 86.5 lakh fresh shares and 10 lakh shares via offer-for-sale. The company, holding a 6.9% market share, plans to use funds for working capital and corporate purposes. It reported an 84.3% YoY profit growth to Rs 18.6 crore in FY24.

IndusInd Bank CEO Sumant Kathpalia resigned after the bank disclosed it would absorb ₹1,959.98 crore in losses from incorrect accounting in its derivatives book, raising concerns about corporate governance and audits. The issue, linked to faulty derivative trades, inflated profits. While the crisis is significant, it appears contained, unlike broader mismanagement seen in past banking failures.

The pace of credit demand slowed to 12% in FY25 from 16% a year ago, driven by regulatory curbs on retail and unsecured loans. While lending to industry remained stable, sectors like agriculture, infrastructure, retail, and services saw deceleration. However, loans against gold jewelry surged 50%, and renewable energy credit grew 79%, reflecting targeted increases in specific areas.

Endurance Technologies Ltd., a leading auto components maker, is foraying into the lithium-ion battery space. The company is setting up a new facility in Pune, Maharashtra investing ₹47.3 crore. Production begins in January 2026, starting with 35,000 battery packs monthly. The company reported a 21.2% net profit rise to ₹184.4 crore and 11.6% revenue growth to ₹2,859 crore in Q3.

The US economy contracted for the first time since 2022, prompting traders to expect Federal Reserve interest-rate cuts, with four quarter-point reductions anticipated by year-end. Short-term Treasuries rose, lowering yields, while the GDP fell 0.3% and inflation accelerated to 3.5%. The yield curve steepened as longer-term yields edged higher amid unchanged Treasury auction sizes.

Ukrainian negotiators in Washington are finalizing a deal with US for privileged access to natural resources like aluminum, graphite, oil, and gas. Both sides have agreed on the main terms but are resolving technical details. The US insists all components be finalized together, while Ukraine hopes to sign soon. The agreement aims to strengthen economic ties and support Ukraine's reconstruction.

IVANA Jewels, a Surat-based lab-grown diamond and Polki jewellery brand, raised Rs 2 crore in seed funding from Avinya Ventures. The company plans to use the capital for new product lines, marketing, and store expansion, targeting Rs 60 crore revenue by FY26. It aims to operate 12-15 stores by FY24 and strengthen its online presence, which currently contributes 60% of sales.

Indus Towers Ltd. reported a 4% drop in March-quarter net profit due to accounting changes, with revenue rising 7.4% to ₹7,727 crore. The company deferred shareholder value enhancement proposals, forming a committee to evaluate options like buybacks or bonuses. Shares rose 1% to ₹406.5, marking a 15% gain over the past month.

Northwest Pipe (NWPX) reported Q1 2025 revenue of $116.1M, beating estimates by 3.7% with 2.6% YoY growth. However, GAAP EPS of $0.39 missed by 26.9%, and adjusted EBITDA of $10.12M fell 23.3% short. Operating margin dropped to 4.8%, with free cash flow improving to $1.18M. The stock rose 3.1% despite challenges from weather and new trade policies.

America’s toymakers, reliant on Chinese manufacturing for roughly 80% of toys sold in the U.S., face financial ruin due to 145% tariffs on Chinese imports. Nearly half of 400 surveyed companies may go bankrupt, with many delaying or canceling orders. Companies like Hasbro and Mattel are diversifying production, but costs may rise for consumers, threatening the holiday season.

Veteran investor Mark Mobius is holding 95% of his funds in cash due to trade uncertainty, expecting it to last up to six months. He remains bullish on India but cautious on China unless reforms occur. Mobius also holds S&P 500 funds, anticipating a US market rebound as confidence returns, driven by potential policy adjustments.

C.H. Robinson reported Q1 2025 revenue of $4.05 billion, an 8.3% year-over-year decline, missing estimates. Adjusted EPS was $1.17, beating expectations by 11.3%. Operating margin improved to 4.4%, and free cash flow rose to $90.45 million. CEO Dave Bozeman highlighted progress in strategic execution despite revenue challenges.

The Cheesecake Factory met Q1 2025 revenue expectations with $927.2 million, up 4% year-over-year. It exceeded EPS estimates by 13.9% at $0.93 and EBITDA by 9% at $79.42 million. Same-store sales rose 1%, and operating margin improved to 5.6%. The company operates 388 locations, up from 369 last year, but the stock fell 1.9% post-earnings.

The Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) will remain closed on May 1 for Maharashtra Day, with trading resuming on May 2. On April 30, the Sensex fell 46.14 points to 80,242.24, and the Nifty dipped 1.75 points to 24,334.20. Both indices rose 3.5% in April. The rupee strengthened to 84.49 per dollar, supported by FII inflows and US-India trade optimism.

Microsoft shares rose after reporting strong Q3 results, with revenue up 13% to $70.1 billion and adjusted earnings of $3.46 per share, beating estimates. Azure cloud revenue grew 33%, driven by AI contributions, and the company expects Azure to grow up to 35% next quarter. Capital expenditures slowed, but AI demand remains strong.

The Dow and S&P 500 rose after a late rally, despite a 0.3% GDP contraction in Q1, the first decline in three years. Consumer spending surged 0.7% in March, beating expectations. Markets rebounded from earlier declines, with traders anticipating a 1% rate cut by year-end amid economic uncertainty and trade impacts.

Norwegian Cruise Line Holdings shares dropped 9% in premarket trading after missing earnings estimates, with first-quarter EPS of $0.07 and revenue of $2.13 billion, below forecasts. The company noted softening bookings but maintained its 2025 outlook. The stock has lost about a third of its value since the start of the year.

Wingstop met Q1 revenue expectations with $171.1M, up 17.4% year-over-year. Adjusted EPS of $0.99 beat estimates by 14.4%. Locations rose to 2,689, while same-store sales were flat. The stock dropped 2.8% post-earnings, reflecting market focus on same-store sales growth despite overall strong performance.

Newmark reported strong Q1 2025 results, with revenue up 21.8% to $665.5 million, beating estimates of $611 million. Non-GAAP EPS of $0.21 exceeded expectations by 12.9%. Adjusted EBITDA was $89.2 million, a 4.9% beat. The company reaffirmed its $3 billion full-year revenue guidance, in line with analyst estimates.

Federal Signal reported strong Q1 CY2025 results, with revenue of $463.8M (up 9.2% YoY) and non-GAAP EPS of $0.76 (3.9% above estimates). Adjusted EBITDA was $85.1M, beating forecasts. The company raised its full-year EPS guidance and reported a 14.2% operating margin, up from 12.8%, with a $1.10B backlog and 6.7% free cash flow margin.

Private employers added 62,000 jobs in April, far below expectations of 115,000, marking the smallest increase since July 2024. ADP data reflects hiring slowdown amid economic uncertainty, with employers cautious due to policy and consumer concerns. Job openings also dropped to a near three-year low, signaling weakening labor demand and a fragile job market.

The US Federal Reserve's influence on global interest rates is waning as the world becomes more fragmented, with inflation and rates diverging across nations. The dollar's dominance remains, but no replacement exists. Economies face varied challenges, including high inflation, stagflation, and disinflation, amid rising protectionism, reducing the Fed's role as the global rate-setter.

Swan Defence shares rose 5% after signing an MoU with Wheel & Time Shipping Transport Logistics to launch India’s first integrated Fabrication, Assembly, Storage, and Transportation logistics ecosystem. The partnership aims to enhance heavy engineering projects, targeting industries like ports, petrochemicals, and oil & gas, offering end-to-end solutions for fabrication to transportation.

Infrastructure company NCC Limited on Wednesday (April 30) announced that it secured fresh orders worth ₹1,663 crore during April 2025, with ₹1,082 crore for building projects and ₹581 crore for transportation. The contracts, from state agencies and a private firm, have durations of 1-24 months, with no related-party transactions involved.

The US economy contracted 0.3% in Q1 2025, the first decline in three years, exceeding the 0.2% drop expected by economists. The contraction, driven by a surge in imports, marks the first negative GDP growth since Q1 2022. Core PCE rose 3.5%, above forecasts, indicating higher inflation despite slower growth.

Norwegian Cruise Line reported Q1 2025 revenue of $2.13 billion, a 2.9% year-over-year decline, slightly missing estimates. Adjusted EPS of $0.07 fell 22.9% short of expectations, while adjusted EBITDA of $453.1 million beat estimates. Management maintained full-year EPS guidance of $2.05. The stock dropped 7.9% post-earnings despite stable operating margins and reiterated guidance.

The Nifty index is consolidating in the 23,800–24,450 range, with FPIs showing bullish sentiment. FPIs have accumulated 97,938 futures contracts and invested Rs 37,326 crore in the cash market over ten days. Their long-short ratio has risen to 44.30%, indicating strong long positioning. A breakout above 24,500 could trigger a rally, but risks like geopolitical tensions and volatility remain.

Visa is collaborating with AI firms like Anthropic, Microsoft, and OpenAI to enable AI agents that streamline online shopping and payments, reducing consumer effort. CEO Ryan McInerney predicts advertising and shopping will evolve with AI, while Visa aims to set a new commerce standard. Rivals Mastercard and PayPal have announced similar initiatives.

Indian Oil Corporation Limited (IOCL) is not actively pursuing a crude oil term-deal with Russia due to geopolitical uncertainties and sanctions. Chairman AS Sahney stated that while open to future deals, no negotiations are underway. IOCL previously had a term-deal that expired in March 2023 and now buys Russian oil on a spot basis.

U.S. stocks fell Wednesday after Q1 GDP showed a 0.3% contraction, contrasting with 2.4% growth in Q4. The Dow dropped 0.6%, S&P 500 1%, and Nasdaq 1.4%. Consumer spending rose 0.7% in March, but concerns about a recession resurfaced. The market rebound from April’s tariff-driven losses was halted. Companies like First Solar and GE Healthcare cut outlooks due to tariffs.

Ace investor Ashish Chugh sold a 0.4% stake in Alan Scott Industries, which manufactures health and hygiene equipment, by offloading 14,717 shares at Rs 209.55 each, valued at Rs 30.8 lakh. The company's shares closed 1.88% lower at Rs 195.85 on BSE. Other bulk deals included Canara Bank selling 1.11 lakh shares in ANS Industries.

Chhatisgarh-based Jinkushal Industries, a leading non-OEM construction machines exporter, has filed for an IPO with SEBI to raise funds. The IPO includes 86.5 lakh fresh shares and 10 lakh shares via offer-for-sale. The company, holding a 6.9% market share, plans to use funds for working capital and corporate purposes. It reported an 84.3% YoY profit growth to Rs 18.6 crore in FY24.

IndusInd Bank CEO Sumant Kathpalia resigned after the bank disclosed it would absorb ₹1,959.98 crore in losses from incorrect accounting in its derivatives book, raising concerns about corporate governance and audits. The issue, linked to faulty derivative trades, inflated profits. While the crisis is significant, it appears contained, unlike broader mismanagement seen in past banking failures.

The pace of credit demand slowed to 12% in FY25 from 16% a year ago, driven by regulatory curbs on retail and unsecured loans. While lending to industry remained stable, sectors like agriculture, infrastructure, retail, and services saw deceleration. However, loans against gold jewelry surged 50%, and renewable energy credit grew 79%, reflecting targeted increases in specific areas.

Endurance Technologies Ltd., a leading auto components maker, is foraying into the lithium-ion battery space. The company is setting up a new facility in Pune, Maharashtra investing ₹47.3 crore. Production begins in January 2026, starting with 35,000 battery packs monthly. The company reported a 21.2% net profit rise to ₹184.4 crore and 11.6% revenue growth to ₹2,859 crore in Q3.

The US economy contracted for the first time since 2022, prompting traders to expect Federal Reserve interest-rate cuts, with four quarter-point reductions anticipated by year-end. Short-term Treasuries rose, lowering yields, while the GDP fell 0.3% and inflation accelerated to 3.5%. The yield curve steepened as longer-term yields edged higher amid unchanged Treasury auction sizes.

Ukrainian negotiators in Washington are finalizing a deal with US for privileged access to natural resources like aluminum, graphite, oil, and gas. Both sides have agreed on the main terms but are resolving technical details. The US insists all components be finalized together, while Ukraine hopes to sign soon. The agreement aims to strengthen economic ties and support Ukraine's reconstruction.

IVANA Jewels, a Surat-based lab-grown diamond and Polki jewellery brand, raised Rs 2 crore in seed funding from Avinya Ventures. The company plans to use the capital for new product lines, marketing, and store expansion, targeting Rs 60 crore revenue by FY26. It aims to operate 12-15 stores by FY24 and strengthen its online presence, which currently contributes 60% of sales.

Indus Towers Ltd. reported a 4% drop in March-quarter net profit due to accounting changes, with revenue rising 7.4% to ₹7,727 crore. The company deferred shareholder value enhancement proposals, forming a committee to evaluate options like buybacks or bonuses. Shares rose 1% to ₹406.5, marking a 15% gain over the past month.

Northwest Pipe (NWPX) reported Q1 2025 revenue of $116.1M, beating estimates by 3.7% with 2.6% YoY growth. However, GAAP EPS of $0.39 missed by 26.9%, and adjusted EBITDA of $10.12M fell 23.3% short. Operating margin dropped to 4.8%, with free cash flow improving to $1.18M. The stock rose 3.1% despite challenges from weather and new trade policies.

America’s toymakers, reliant on Chinese manufacturing for roughly 80% of toys sold in the U.S., face financial ruin due to 145% tariffs on Chinese imports. Nearly half of 400 surveyed companies may go bankrupt, with many delaying or canceling orders. Companies like Hasbro and Mattel are diversifying production, but costs may rise for consumers, threatening the holiday season.

Veteran investor Mark Mobius is holding 95% of his funds in cash due to trade uncertainty, expecting it to last up to six months. He remains bullish on India but cautious on China unless reforms occur. Mobius also holds S&P 500 funds, anticipating a US market rebound as confidence returns, driven by potential policy adjustments.

C.H. Robinson reported Q1 2025 revenue of $4.05 billion, an 8.3% year-over-year decline, missing estimates. Adjusted EPS was $1.17, beating expectations by 11.3%. Operating margin improved to 4.4%, and free cash flow rose to $90.45 million. CEO Dave Bozeman highlighted progress in strategic execution despite revenue challenges.

The Cheesecake Factory met Q1 2025 revenue expectations with $927.2 million, up 4% year-over-year. It exceeded EPS estimates by 13.9% at $0.93 and EBITDA by 9% at $79.42 million. Same-store sales rose 1%, and operating margin improved to 5.6%. The company operates 388 locations, up from 369 last year, but the stock fell 1.9% post-earnings.

The Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) will remain closed on May 1 for Maharashtra Day, with trading resuming on May 2. On April 30, the Sensex fell 46.14 points to 80,242.24, and the Nifty dipped 1.75 points to 24,334.20. Both indices rose 3.5% in April. The rupee strengthened to 84.49 per dollar, supported by FII inflows and US-India trade optimism.

Microsoft shares rose after reporting strong Q3 results, with revenue up 13% to $70.1 billion and adjusted earnings of $3.46 per share, beating estimates. Azure cloud revenue grew 33%, driven by AI contributions, and the company expects Azure to grow up to 35% next quarter. Capital expenditures slowed, but AI demand remains strong.

The Dow and S&P 500 rose after a late rally, despite a 0.3% GDP contraction in Q1, the first decline in three years. Consumer spending surged 0.7% in March, beating expectations. Markets rebounded from earlier declines, with traders anticipating a 1% rate cut by year-end amid economic uncertainty and trade impacts.

Norwegian Cruise Line Holdings shares dropped 9% in premarket trading after missing earnings estimates, with first-quarter EPS of $0.07 and revenue of $2.13 billion, below forecasts. The company noted softening bookings but maintained its 2025 outlook. The stock has lost about a third of its value since the start of the year.

Wingstop met Q1 revenue expectations with $171.1M, up 17.4% year-over-year. Adjusted EPS of $0.99 beat estimates by 14.4%. Locations rose to 2,689, while same-store sales were flat. The stock dropped 2.8% post-earnings, reflecting market focus on same-store sales growth despite overall strong performance.

Newmark reported strong Q1 2025 results, with revenue up 21.8% to $665.5 million, beating estimates of $611 million. Non-GAAP EPS of $0.21 exceeded expectations by 12.9%. Adjusted EBITDA was $89.2 million, a 4.9% beat. The company reaffirmed its $3 billion full-year revenue guidance, in line with analyst estimates.

Federal Signal reported strong Q1 CY2025 results, with revenue of $463.8M (up 9.2% YoY) and non-GAAP EPS of $0.76 (3.9% above estimates). Adjusted EBITDA was $85.1M, beating forecasts. The company raised its full-year EPS guidance and reported a 14.2% operating margin, up from 12.8%, with a $1.10B backlog and 6.7% free cash flow margin.

Private employers added 62,000 jobs in April, far below expectations of 115,000, marking the smallest increase since July 2024. ADP data reflects hiring slowdown amid economic uncertainty, with employers cautious due to policy and consumer concerns. Job openings also dropped to a near three-year low, signaling weakening labor demand and a fragile job market.

The US Federal Reserve's influence on global interest rates is waning as the world becomes more fragmented, with inflation and rates diverging across nations. The dollar's dominance remains, but no replacement exists. Economies face varied challenges, including high inflation, stagflation, and disinflation, amid rising protectionism, reducing the Fed's role as the global rate-setter.

Swan Defence shares rose 5% after signing an MoU with Wheel & Time Shipping Transport Logistics to launch India’s first integrated Fabrication, Assembly, Storage, and Transportation logistics ecosystem. The partnership aims to enhance heavy engineering projects, targeting industries like ports, petrochemicals, and oil & gas, offering end-to-end solutions for fabrication to transportation.

Infrastructure company NCC Limited on Wednesday (April 30) announced that it secured fresh orders worth ₹1,663 crore during April 2025, with ₹1,082 crore for building projects and ₹581 crore for transportation. The contracts, from state agencies and a private firm, have durations of 1-24 months, with no related-party transactions involved.

The US economy contracted 0.3% in Q1 2025, the first decline in three years, exceeding the 0.2% drop expected by economists. The contraction, driven by a surge in imports, marks the first negative GDP growth since Q1 2022. Core PCE rose 3.5%, above forecasts, indicating higher inflation despite slower growth.

Norwegian Cruise Line reported Q1 2025 revenue of $2.13 billion, a 2.9% year-over-year decline, slightly missing estimates. Adjusted EPS of $0.07 fell 22.9% short of expectations, while adjusted EBITDA of $453.1 million beat estimates. Management maintained full-year EPS guidance of $2.05. The stock dropped 7.9% post-earnings despite stable operating margins and reiterated guidance.