MUMBAI: RBL Bank reported a net profit of Rs 230 crore for the quarter ended March 31, 2026, up 234% from Rs 69 crore in the corresponding quarter a year earlier, driven by higher income and lower provisions.Total income rose 7% year-on-year to Rs 2,740 crore, supported by steady growth in both interest and non-interest…
NEW DELHI: India and the US made positive progress during three-day trade talks in Washington this week, with both sides agreeing to remain engaged to sustain the momentum going forward, govt said on Friday.About a dozen officers from India were in Washington during April 20-22 to hold discussions with the US authorities on finalising the…
Shares of Nvidia surged to a record high on Friday, pushing its market capitalisation past $5 trillion for the first time since October, as investor enthusiasm for artificial intelligence chips gathered pace ahead of key earnings from major tech firms.The stock climbed 4.3% to close at $208.27, marking a strong comeback after a weak start…
MUMBAI: Rising oil prices weighed on investor sentiment on Dalal Street for the third consecutive session that pulled sensex down by 1,000 points (1.3%) on Friday to close at 76,664 points. Foreign funds continued to sell aggressively, leading to a 2,609-point fall in the sensex in the last three sessions. The weakness of the rupee…
Demand for Intel’s central processors from firms offering AI services was so strong in the first quarter that it sold even chips it had originally written off, a remarkable turnaround that sent the company’s shares soaring on Friday.The stock surged more than 24% to $83 in early trading, surpassing its dot-com era peak in 2000…
The United States has imposed fresh sanctions on a major China-based oil refinery and around 40 shipping companies and tankers linked to Iranian oil transport, escalating its campaign to choke Tehran’s key revenue stream.The move, announced on Friday, targets what Washington describes as an extensive “shadow network” used to move Iranian crude to global markets.It…
United States treasury secretary Scott Bessent on Friday said that America is not planning to renew a waiver allowing the purchase of Russian oil currently at sea.While talking to news agency Associated Press, Bessent also added that another waiver for Iranian oil at sea is “totally off the table.”“Not the Iranians. We have the blockade,…
NEW DELHI: At least one in four smartphones manufactured in India is now produced by domestic contract manufacturers, signalling a quiet but significant shift in the country’s electronics ecosystem.The rise has been led by Dixon Technologies and Bhagwati Products, with Dixon emerging as the country’s largest device maker, overtaking Samsung Electronics in overall production volumes…
Gold price is attempting to stabilize around the short-term EMA cluster after a sharp fall. (AI image) Gold price prediction today: Gold prices continue to be volatile and a buy on dips strategy is recommended for today, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities recommends a buy on dip strategy.Gold…
Consumer goods companies in India are facing a sharp rise in input costs due to the ongoing war in the Middle East. Surging raw material prices are forcing firms to track costs on a near-daily basis, review pricing frequently, and focus on short-term decisions instead of long-term planning.As firms are struggling with volatile input costs,…
