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L&T Q1 results: Net profit rises 14% to Rs 4,123 crore, revenue up 7%The company secured orders worth Rs 1,08,014 crore, registering a YoY growth of 14% for the quarter ended June 30, 2026
Varun Beverages not eyeing Bira91 stake, exploring new categories in India: Ravi JaipuriaEarlier this year, Varun Beverages extended its licence agreement with PepsiCo in India until April 2049 and removed the earlier restriction requiring it to operate solely as an SPV for PepsiCo's business
Hindustan Unilever shares drop 7% after Q1 results; should you buy, sell or hold?HUL shares fell sharply after Q1 results, with the stock hitting a fresh 52-week low during the session.
Govt sets up India Digital Payment Intelligence Corporation to combat cyber financial fraud: Here's how it worksThe government has set up the India Digital Payment Intelligence Corporation to share real-time fraud intelligence with banks and financial institutions as part of efforts to curb cyber financial fraud.
Standard Chartered sees exit of several top wealth executives in IndiaThe departures come as Standard Chartered sharpens its focus on building out its wealth business by tapping the rising affluent class in India
SEBI's demat portability proposal: Are smaller PMS firms more vulnerable to consolidating?Demat portability removes a source of client inertia. Economically, that's a reduction in switching costs, which generally increases competition in almost any market. But does lower switching cost automatically mean consolidation?
Industrial output hits a high of 7.3% in June as manufacturing gathers paceThe acceleration was driven primarily by manufacturing, which accounts for over three-fourths of the index and expanded 7.8% in June
Rupee rises 11 paise to settle at 95.88 against US dollarAt the interbank foreign exchange, the rupee opened at 95.75 and touched the intraday high of 95.63 before ending the session at 95.88 (provisional) against the greenback, up 11 paise from its previous closing level.
Indus Towers to begin Africa rollout from Q2; says domestic order book intact despite Vodafone Idea fundraising concernsOn the domestic business, Indus Towers said it has a firm order book providing visibility for the next three to four quarters, driven by a combination of fresh network expansion and movement of tower portfolios from customers.
Public sector banks' gross NPAs drop to 1.9%, profit rises Rs 1.98 lakh crore in FY26The finance ministry also said that the financial health of regional rural banks (RRBs) has improved in the recent years. RRBs posted the highest ever consolidated net profit of Rs. 10,177 crores during FY26.
Technical View: 20 DEMA remains a crucial hurdle for Nifty 50's further upward journey; selling pressure may intensify if Bank Nifty breaks 56,500 supportThe Nifty 50 sustained above the 50-day EMA but remained below the short-term moving average (20-day EMA at 24,027). It needs to close and sustain above this level for an upmove toward the 24,100-24,200 zone, followed by 24,500. Until then, consolidation may continue, with immediate support placed in the 23,900-23,800 zone.
Pine Labs Q1 net profit jumps four-fold as digital payments adoption increasesRevenue from operations rose 19.6% in the quarter
ITR 2026: Can I claim medical expenses not reimbursed by my employer under Section 80D?As per the provisions of Section 80D, a senior citizen can claim a deduction in respect of medical expenses incurred by him if he does not have any health insurance policy to cover his hospitalisation expenses.
India plans up to quarter of 2027 LPG imports from US, sources sayHigher US energy purchases could help narrow trade surplus with Washington, a key demand from President Donald Trump, as New Delhi pushes to complete a long-awaited trade deal with Washington in the next three to four months.
IndiGo's next growth phase: Rahul Bhatia says airline chasing customer preference, not just market shareAfter dominating India's skies through rapid expansion, IndiGo is repositioning itself as a premium airline, betting on better customer experience and service quality to power its next phase of growth
Delhi High Court orders winding up of Paytm Payments Bank: RBIThe Delhi High Court has ordered the winding up of Paytm Payments Bank following the RBI's licence cancellation, with a former SBI executive appointed as the official liquidator.
India's shrimp consignments faced 447 rejections in US, EU, Japan since 2018; antibiotic residues caused Rs 177 crore lossesThe government said consignments rejected for reasons other than antibiotic residues were allowed to be reprocessed and re-exported after approval from the Export Inspection Council through its Export Inspection Agencies, subject to compliance with food safety regulations.
Gold futures ease nearly 1% to Rs 1.41 lakh/10g ahead of Fed policy decisionOn the Multi Commodity Exchange, yellow metal contracts for August delivery traded lower by Rs 1,213, or 0.85 per cent, at Rs 1,41,850 per 10 grams in a business turnover of 759 lots.
V-Mart, Vishal Mega Mart expand Q1 margins on strong demand, smart pricingRetailers such as V-Mart Retail, Vishal Mega Mart and Intune by Shoppers Stop have reported double-digit same-store sales growth in the June quarter, outpacing broader apparel growth
Taking Stock: Market ends flat amid volatility; HUL dips 7% post-Q1 earningsThe broader market ended on a mixed note, with the Nifty Midcap 100 index edging up 0.1%, while the Nifty Smallcap 100 index slipped 0.2%.
IT shares rise 3%: Is the worst over? Analyst suggests trading levels for the sectoral index, four frontline IT stocksAlthough immediate stock performance hinges on management commentary surrounding TCV deal execution, the sector's low capital intensity and cash generation have effectively set a firm floor under its valuations, says an analyst
OPINION | India’s move towards OECD’s crypto reporting framework isn’t about compliance, it’s about global integrationIt reflects a growing realisation that digital assets are becoming part of the global financial system and require globally co-ordinated oversight
Does your car insurance cover engine damage from E20 fuel? Car owners should ollow the manufacturer's fuel compatibility guidelines, as insurance is intended to cover unforeseen and accidental losses rather than damage arising from improper operation or maintenance.
Beyond tech selloff: How China's homegrown DUV chip machine is challenging ASML, Nvidia, AMD and MicronThe development, first reported by The Information, triggered a sharp sell-off in global semiconductor equipment stocks on Monday- HUL says demand holding up despite inflation-led price hikesThe FMCG major sticks to its medium-term EBITDA margin guidance of 22% to 23% and expects FY27 to be stronger than FY26