Connect with us
Axis Bank's 23% profit jump to ₹7,114 crore rode a 44% drop in provisions and a pivot toward corporate loans as core margins kept slipping.
HDFC Bank's Q1 profit grew 5% to Rs 19,060 crore, but the provision drop and stock slide both trace to a one-off base effect and an...
RBI Governor Malhotra called inflation a supply blip and credit growth safe, even as gold loans jumped 105% and MSME lending neared microfinance-bust levels.
Brent crude neared $87 a barrel this week after fresh US strikes on Iran and a reimposed Hormuz blockade, marking oil's sharpest weekly rally since April.
Bitcoin fell to $63,500 as Iran-driven oil gains offset cooling U.S. inflation, even as India's Sensex jumped 700 points on a Tech Mahindra earnings beat.
SBI Funds Management's Rs 9,813 crore IPO closed nearly 42 times subscribed with a 16% grey market premium, though the firm collects zero proceeds.
ICICI Lombard shares crashed 15% and Wipro missed Q1 estimates on India's biggest earnings day, even as Jana Small Finance Bank hit a record high.
Sensex gained just 1.44 points and Nifty slipped 0.02% on July 16 after a 493-point swing tied to Hormuz tensions and a 6.37% Kospi rout.
Oil trades near $96 despite the worst supply shock in history. Three emergency buffers kept crude from $200 after the Hormuz closure, and each one is...
Oracle's AI debt reached $131.7B at 415% debt-to-equity. Moody's flagged $662B in off-balance-sheet hyperscaler obligations now routing to pension funds via private credit.