India, as the fastest growing major economy, has had the weakest performing large private banks. Large private lenders — HDFC Bank, Kotak Mahindra Bank and Axis Bank — have not only lost the race to PSU peers in terms of shareholder returns, but...
HDFC Bank reported a 5 per cent year-on-year (YoY) rise in standalone net profit for the first quarter of FY27 at ₹19,060 crore, supported by higher net interest income and sharply lower provisions. India’s largest private sector bank had...
With lower tax outgo and a check on operational expenses, Punjab National Bank’s net profit more than trebled to an all-time quarterly high of over ₹5,200 crore during April-June period of 2026-27. “On account of moving from old tax regime to new...
PRIVATE BREAKTHROUGH. India marked a major milestone in its space journey on Saturday as Hyderabad-based Skyroot Aerospace successfully launched Vikram-1, the country’s first privately developed orbital-class rocket, from Sriharikota. The...
The long-term outlook is bullish for Godrej Properties (₹2,092). The strong rise from the low of ₹1,434 made in April marks the end of the downtrend that was in place since July 2024. This rise is also happening from a long-term trendline...
Geopolitical risk, the familiar catalyst, is sending crude oil prices higher, again. The peace agreement between the US and Iran, which was already regarded as a fragile one, came under the biggest strain yet on July 7, as both countries...
Since humans love to gamble so much, there’s more money in actually cultivating gamblers than there are (in) cultivating investors
