The salesman smiled and slid the paper across the desk. “Sir, your EMI will only be ₹16,000 per month,” he said. It sounded reasonable. It sounded manageable. It almost sounded…
Author: Admin
Reserve Bank of India to hold $5 billion USD/INR forex swap auction on 26 May to ease banking system liquidity
The will conduct a $5 billion USD-INR next week to inject long-term liquidity in the banking system. The auction, to be held on May 26, also comes at a time…
Supreme Court reserves verdict again on Yes Bank’s ₹8,415-crore AT1 bond write-off
The Supreme Court on Wednesday reserved its judgment in the long-running dispute over the ₹8,415-crore write-off of Yes Bank’s additional tier-1 (AT1) bonds after concluding hearings and taking on record…
India to launch world’s first rainfall index for weather derivatives on 29 May
Starting 29 May, India’s first exchange-traded rainfall derivatives contracts will be open for trading to retail and high-net-worth investors, power utilities, logistics firms, and agri-processing businesses, among others. On Wednesday,…
Indian 10-year bond yield tops 7.1%: Equity impact and debt market strategy explained
Indian government bond prices traded lower on Wednesday as rising US Treasury yields reduced the appeal of emerging-market debt, triggering capital outflows and pressuring domestic fixed-income markets. The yield on…
Amagi records ₹34 crore PAT in Q4FY26, turns profitable
Bengaluru-based cloud-based SaaS technology company Amagi reported a growth in Profit After Tax (PAT) for the financial year of 2026 at ₹72 crore from a loss of ₹69 crore in…
LMW reports 33% increase in consolidated net profit in Q4’26
, the Coimbatore-based manufacturer of textile machinery, reported a 33 per cent increase in consolidated net profit to ₹64 crore when compared with ₹48 crore for the same quarter last…
MANN+HUMMEL bets on India growth, expands R&D footprint with Tumakuru centre
Global filtration company MANN+HUMMEL expects double-digit growth in India across sectors and plans to expand its workforce over the next three to four years, as it deepens investments in local…
Samvardhana Motherson Q4 FY net profit grow by 46% y-o-y to ₹1,561.56 crore
Major auto components maker, on Wednesday reported a 46 per cent jump year-on-year (y-o-y) in its consolidated net profit to ₹1,561.56 crore for the fourth quarter ended March 31 (Q4…