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IDBI Bank Q1 Results: Net profit grows 5% YoY to Rs 2,115 crore, NII climbs 10%IDBI Bank reported a 5% YoY rise in Q1 FY27 standalone net profit to Rs 2,115 crore, while net interest income grew over 10%. Deposits and ...- Psychology says people who always give expensive gifts aren’t trying to show off, they may just be being generousThe meaning of a gift often depends less on its price than on the thought, timing, and emotional significance behind it. An expensive prese...
- JSW Steel’s Q1 profit soars 2x YoY on robust topline growthJSW Steel's profit more than doubled year-on-year to 4,696 crore in the June quarter. Robust revenue growth and higher volumes aided the co...
- JSW Steel’s profit doubles on revenue growth, beats estimatesJSW Steel's profit more than doubled year-on-year to Rs 4,696 crore in the June quarter. Robust revenue growth and lower finance costs aide...
- UN chief calls for faster adoption of AI-powered early warning systems to tackle climate disastersUnited Nations Secretary-General Antonio Guterres on Friday called for the faster adoption of AI-powered early warning systems, saying they...
- Wealth wisdom of the day: 'Understand not only the magic of compounding long-term returns, but the...': Crucial money lesson for investors from the 'Father of Indexing'
- AI agent economics to shape next phase of enterprise GenAI adoption; 60% of agentic AI costs go to response refinement: McKinseyAs generative artificial intelligence (Gen AI) moves beyond experimentation into enterprise-scale deployment, business leaders are increasi...
- Explained: Why ICICI Lombard shares tumbled 15% in their biggest fall since the COVID crashICICI Lombard shares fell sharply to hit a 52-week low on Thursday after its June-quarter earnings missed estimates, prompting brokerages t...
- How to budget a Rs 12 lakh salary: Bengaluru CA shares a simple formula to divide your salary for savings, rent, family support and travelBengaluru CA Meenal Goel shared a budgeting plan for people earning Rs 12 lakh annually. She suggested investing 20% of the salary, buildin...
- ICICI Lombard General Insurance shares tumble 15% after Q1 profit takes a hitICICI Lombard shares tumbled 15% after the insurer reported a 46% YoY decline in Q1 FY27 net profit to Rs 403 crore, hit by large fire clai...
- Buy, Sell or Hold: Motilal Oswal downgrades ICICI Lombard; JM Financial upgrades Billionbrains Garage VenturesBrokerages adjusted stock ratings following recent quarterly earnings reports. JM Financial upgraded Groww to Buy after strong Q1FY27 perfo...
- ICICI Lombard Q1 profit slumps 46% to Rs 403 crore on fire claims, SC verdict impactICICI Lombard's net profit fell 46 per cent in the June quarter. This decline resulted from two large fire insurance claims. A Supreme Cour...
- Bank of America Q2 net income rises on higher trading activitiesBank of America reported a boost in its second-quarter net income, largely driven by a significant uptick in its trading activities. This s...
- US Stock Market: Dollar rally gains support as global pension funds unwind FX hedges, easing pressure on greenbackMajor pension funds are reducing currency hedges, which supports the U.S. dollar's rally. This shift occurs as hedging costs rise due to wi...
- Can SBI Funds IPO deliver long-term growth for high risk investors?SBI Funds Management plans a ₹11,693 crore offer for sale, reducing promoter stake to 88%. The company manages ₹29.46 lakh crore across var...
- For long-term investors: Look beyond strength of balance sheet; 5 stocks from different sectors with upside potential of up to 31%Even a couple of months ago, any flare-up between the US and Iran in the Gulf region would have seen two things happening: A spike in crude...
- Index returns likely to be slightly above long-term averages over next 2 years: Mirae Asset CIO Neelesh Surana on market outlook, fund strategiesMirae Asset Investment Managers (India)’s equity funds have experienced a period of underperformance—the first major blip since inception i...
- Nithin Kamath's remarks spark public spat between Zerodha and Groww over direct mutual fundsZerodha's Nithin Kamath and Groww are debating direct mutual fund offerings publicly. Kamath reiterated Zerodha's commitment to free direct...
- Irdai digs into life insurers' costs beyond commissionsIrdai now seeks operating expense data, excluding commissions, from life insurers. This move aims to revamp the industry's distribution fra...
- Which is the best Nifty-based index fund to buy basis expense ratio and tracking error?Choosing the best Nifty-based index fund involves more than just a low expense ratio. Experts emphasize that tracking error, which measures...
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