Infosys reported a 12% year-on-year rise in consolidated net profit to Rs 7,769 crore for the April-June quarter last month, even as it reduced its revenue growth guidance for the full year.
On Monday, the yield on the 10-year Treasury fell to 4.70%, from 4.74% late Friday. It was also back below its level from late Tuesday, before the US Treasury Department unveiled its unexpected buyback announcement.
India’s Unified Payments Interface (UPI) is currently facilitating an impressive 66 crore transactions each day. Since 2016, the growth in its transaction volume has skyrocketed by an astounding 13,000 times. UPI has established itself as a foundational component of India’s digital public infrastructure and has been recognized by the International Monetary Fund as the leading
Iran’s rial reached a record low as the United States prepared new economic sanctions. Existing restrictions and a naval blockade have already severely impacted Iran’s economy. The currency’s decline has not yielded concessions from the US President. Iran and Oman are reportedly nearing an agreement on managing the Strait of Hormuz. The United Arab Emirates
Industry representatives from India’s sugar sector have assured that there is no shortage of sugar in the domestic market. The surge in retail prices is attributed to stockpiling speculation and adverse weather impacting production. To mitigate this, the government is facilitating duty-free sugar imports, particularly from Brazil, with some raw sugar expected to arrive before
State-backed energy companies are increasingly going to the spot LNG market and bidding up prices as the government seeks to support fertilizer producers that use natural gas.
A Bench of Justice Pamidighantam Sri Narasimha and Justice Alok Aradhe set aside the Allahabad High Court’s orders holding that authorities under the 2007 Act had no power to order eviction.
Stock market recommendations: Viyash Scientific, and AU Small Finance Bank – have been picked as the top stocks to buy on August 24, 2026 by Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities.
Gold price prediction today: Looking ahead, market participants will closely monitor further developments in US Treasury operations, fiscal policy discussions, and upcoming economic data releases, which are expected to remain key drivers for gold prices in the near term.
The rupee began the trading day on a stronger note against the US dollar, appreciating by seven paise to 95.64. Nonetheless, concerns over geopolitical tensions and steady demand from importers curbed significant gains. Compounded by elevated Brent crude prices, the rupee traded cautiously. Investors are particularly attentive to anticipated sanctions impacting Iran’s oil sector. Notably,
