Category: business

Chandigarh, July 24: Capital Small Finance Bank Limited declared its unaudited financial results for the quarter ended June 30, 2026.The Bank started FY27 with all-round growth in lending and deposit franchise, improving profitability matrix and stronger asset quality.  During the quarter, Gross Advances increased to ₹9,074 crore, total Deposits rose to…

New Delhi, July 24: India’s private sector remained in expansion territory in July, with the HSBC Flash India Composite Purchasing Managers’ Index (PMI) registering 54.3, indicating continued growth despite a moderation in business activity. The index, compiled by S&P Global, remained above the crucial 50-point mark that separates expansion from…

Mumbai, July 24: Motilal Oswal Financial Services Ltd.reported its highest-ever quarterly Total PAT of INR 1,513 Cr including Other Comprehensive Income in Q1FY27. This is led by strong growth in Asset Management business.   Segmental Operating Profit After Tax Highlights   Particulars (₹ Cr) Q1FY27 Q1FY26 YoY (%) Q4FY26 QoQ (%) Asset Management (AMC & MO Alternates) & Private Wealth Management 335 230 46% 337 (1%) Wealth Management (Retail) 161 173 (7%)…

Mumbai, July 24: Indian Hotels Company (IHCL), India’s largest hospitality company, announces that its iconic brand Taj is the World’s Strongest Luxury Hotel Brand by Brand Finance UK, for the fifth time. The ‘Hotels 50 2026’ annual report by the world’s leading brand valuation consultancy recognises the most valuable and strongest hotel…

Bucharest, July 24, 2026: President Droupadi Murmu received a ceremonial welcome at the Cotroceni Palace in Bucharest from Romanian President Nicușor Dan, marking an important step in strengthening India-Romania bilateral relations. Pic Credit: https://x.com/rashtrapatibhvn  The two leaders held constructive and forward-looking discussions covering key areas of cooperation, including economic engagement,…

New Delhi, July 24: The United Arab Emirates (UAE) has emerged as India’s third-largest trading partner under the Comprehensive Economic Partnership Agreement (CEPA), highlighting the growing strength of bilateral trade and economic cooperation between the two nations. The milestone reflects the positive impact of the CEPA in enhancing market access,…

New Delhi, July 24: India’s Savings deposits with Scheduled Commercial Banks have witnessed robust growth during the last 15 years, increasing by 374 percentage from INR13.77 lakh crore in FY2010-11 to INR 65.33 lakh crore in FY2024-25. The growth of saving deposits during the last 10 years also remains resilient, registering a cumulative growth of 158 percentage  from INR 25.36 lakh crore in FY2015-16…

New Delhi, July 24: India has secured lower tariffs from the United States following developments related to forced labour compliance measures, marking a positive step for bilateral trade and providing relief to Indian exporters across key sectors. The tariff adjustment reflects progress in addressing labour-related concerns and reinforces India’s commitment…

July 24: Coromandel International Limited, one of India’s agri-solutions providers, announced its financial results for the quarter ended June 30, 2026. The Company continues to strengthen its leadership across fertilisers, crop protection, bio-products, specialty nutrients, organic fertilisers and agri-retail while making notable advances in agri-drone spraying and other digital initiatives…

Mumbai, July 24: Indian equity markets opened on a weak note on Friday, with the benchmark Sensex and Nifty indices declining nearly 1% in early trade after Brent crude oil prices crossed the $100-per-barrel mark, dampening investor sentiment. The sharp rise in global crude oil prices has heightened concerns over…