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MUMBAI: HDFC Bank and ICICI Bank reported strong earnings growth

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MUMBAI: HDFC Bank and ICICI Bank reported strong earnings growth for the quarter ended June 2025, supported by a rise in both interest and non-interest income. However, both lenders flagged

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Yes Bank on Saturday reported a 59% year-on-year rise in net profit to Rs 801 crore for the June quarter of FY26, buoyed by strong gains from treasury operations and

India’s global leadership in food safety and standard-setting received a boost at the 88th Executive Committee meeting of the Codex Alimentarius Commission (CCEXEC88), with its millet grain standards earning praise

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India’s global leadership in food safety and standard-setting received a boost at the 88th Executive Committee meeting of the Codex Alimentarius Commission (CCEXEC88), with its millet grain standards earning praise

HDFC Bank on Saturday declared its first-ever bonus issue, approving a 1:1 allotment ratio under which shareholders will receive one fully paid-up equity share of face value Rs 1 for

Mangalore Refinery and Petrochemicals Ltd (MRPL), a subsidiary of ONGC and a Schedule ‘A’ Mini Ratna Category-I company, on Saturday reported a consolidated net loss of Rs 272 crore for

Union Bank of India on Saturday reported a 12% rise in net profit to Rs 4,116 crore for the April–June quarter of FY26, compared with Rs 3,679 crore in the

ICICI Bank on Saturday reported a 15.9% year-on-year (YoY) rise in consolidated net profit to Rs 13,558 crore for the quarter ended June 2025, compared to Rs 11,696 crore in

HDFC Bank on Saturday reported a 1.31% decline in consolidated net profit to Rs 16,258 crore for the June 2025 quarter, down from Rs 16,475 crore in the year-ago period,

Wall Street opens modestly lower as earnings season nears end

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Wall Street opens modestly lower as earnings season nears end

The Wall Street opened on Tuesday at a slight low as the recent rally momentum slowed. The S&P 500 declined 0.3% in early trading Tuesday, while the Dow Jones Industrial Average decreased by 22 points and the Nasdaq composite fell 0.4%. Treasury yields and the US dollar remained stable. Home Depot reported positive revenue exceeding analyst expectations for the year’s beginning, maintaining its annual profit and sales growth forecasts.The markets already hinted at a slow start prior to the opening bell as the earnings season approaches conclusion. During pre-market trading, S&P 500 futures declined 0.2%, Dow Jones Industrial Average futures remained flat, and Nasdaq futures dropped 0.2%.However, Home Depot shares increased over 2 per cent in the premarket trading following better-than-expected sales figures and confirmation of previous sales projections, despite housing market challenges. Target and Lowe’s are scheduled to report their results on Wednesday.JPMorgan CEO Jamie Dimon highlighted geopolitical risks as significant concerns for global and US economies during the annual investor conference. He noted that stagflation presents a serious risk scenario.Global markets showed positive movement after China’s interest rate reduction aimed at supporting its economy. The People’s Bank of China decreased the one-year loan prime rate to 3.00% from 3.1%, and the five-year rate to 3.5% from 3.6%.Asian markets demonstrated mixed performance, with Hong Kong’s Hang Seng rising 1.5% to 23,681.48 and Shanghai Composite advancing 0.4% to 3,380.48. The Nikkei 225 in Tokyo increased marginally by 0.1% to 37,529.49.European markets showed positive trends at midday, with Germany’s DAX and France’s CAC 40 rising 0.4%, whilst Britain’s FTSE 100 increased 0.6%.In commodities, US benchmark crude oil decreased 33 cents to $61.81 per barrel, whilst Brent crude declined 36 cents to $65.18 per barrel. The US dollar weakened to 144.60 Japanese yen, and the euro strengthened slightly to $1.1248.





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