Business News

Business

India Slips to Fourth in APAC Investment Rankings as Fund Managers Chase Semiconductor Boom

India's stock market drops to fourth in APAC investment rankings as fund managers shift focus to semiconductor-driven markets like Japan, Taiwan, and South Korea. Despite challenge...

Business

AU Small Finance Bank Reports 16% Surge in Q1 Net Profit to Rs 581 Crore Amid Rising NPAs

AU Small Finance Bank announced a 16% increase in Q1 net profit to Rs 581 crore, with total income rising to Rs 5,189 crore. However, gross NPAs increased to 2.47%, and provisions ...

Business

MRPL Faces Rs 272 Crore Loss in Q1 FY26: A Deep Dive into Declining Revenues and Refining Margins

MRPL, a subsidiary of ONGC, reported a Rs 272 crore loss in Q1 FY26 due to declining revenues and refining margins, despite achieving a record crude processing milestone in April 2...

Business

HDFC Bank Makes History with First-Ever 1:1 Bonus Issue and Special Rs 5 Dividend

HDFC Bank announces a historic 1:1 bonus issue and a special Rs 5 dividend, alongside reporting a 12% increase in Q1FY26 net profit. Record dates and financial performance highligh...

Business

ICICI Bank Reports Strong Q1 Growth: Net Profit Jumps 15.9% to Rs 13,558 Crore Amid Rising NII

ICICI Bank reports a 15.9% rise in Q1 net profit to Rs 13,558 crore, with NII up by 10.6%. Despite a slight dip in NIM, the bank remains optimistic about asset quality and future g...

Business

RBL Bank's Q1 Financial Performance: A 46% Drop in Net Profit Sparks Strategic Shifts

RBL Bank faces a 46% drop in Q1 net profit to Rs 200 crore, with NII down 13% to Rs 1,481 crore, due to lower core income and interest margins. Strategic shifts towards secured ret...

Business

Union Bank Reports a 12% Surge in Q1 Net Profit to Rs 4,116 Crore, Marking Significant Asset Quality Improvement

Union Bank of India reports a 12% rise in Q1 FY26 net profit to Rs 4,116 crore, with improved asset quality and a decrease in bad loan provisions, showcasing strong financial healt...

Business

India Introduces Hallmarking for 9 Karat Gold: A Game-Changer for Consumers and Jewellers

The Indian government has introduced hallmarking for 9 karat gold, aiming to revive consumer interest amid high prices. This move is expected to benefit both rural and urban market...