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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 yearonyear (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 alltime quarterly high of over ₹5,200 crore during AprilJune period of 202627. “On account of moving from old tax regime to new...
PRIVATE BREAKTHROUGH. India marked a major milestone in its space journey on Saturday as Hyderabadbased Skyroot Aerospace successfully launched Vikram1, the country’s first privately developed orbitalclass rocket, from Sriharikota. The...
The longterm 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 longterm 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