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Idbi Bank Q1Fy27: IDBI Bank Q1FY27 net profit rises 3.3% to Rs 2007 crore

TazaPulseJuly 18, 2026

MUMBAI: IDBI Bank reported a standalone net profit of Rs 2,007.36 crore for the quarter ended June 30, 2026, up 3.3% from Rs 1,943.17 crore a year earlier, supported by lower provisions despite weaker operating profit. On a consolidated basis, net profit rose 6.9% to Rs 2,127.14 crore from Rs 1,987.44 crore a year ago.Net...

Punjab National Bank Q1Fy27 Net Profit: Punjab National Bank Q1FY27 net profit up 213% to Rs 5253 crore

TazaPulseJuly 18, 2026

MUMBAI: Punjab National Bank reported a standalone net profit of Rs 5,253 crore for the quarter ended June 30, 2026, up 213.6% from Rs 1,675 crore a year earlier, aided by a sharp decline in tax outgo despite lower non-interest income. The bank reported a consolidated net profit of Rs 5,921 crore, up 228.4% from...

RBI may look through price worries, high credit growth

TazaPulseJuly 18, 2026

MUMBAI: RBI governor Sanjay Malhotra has hinted that the central bank may not react to the current bout of inflation and spurt in credit growth. Malhotra struck a notably composed tone, describing price pressures as contained even if “currently a bit elevated”, and attributed the uptick largely to supply-side disturbances.“Inflation is also under control although...

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Pin code wars: Quick commerce cos add 900 dark stores in 3 months

TazaPulseJuly 18, 2026

Representative photo (IANS image) BENGALURU: The quick commerce race is no longer mainly about reaching new neighbourhoods. It is becoming a fight over the same pin codes. India’s five largest operators added close to 900 dark stores between April and July this year, with Blinkit, Flipkart Minutes and Amazon Now leading the expansion, according to...

Textile sector to sew loose ends as FTAs kick in

TazaPulseJuly 18, 2026

CHENNAI: With a slate of crucial free trade agreements (FTAs) operationalised, the textile industry is upbeat on export opportunities. The UK deal, which kicked in on Wednesday, eliminates tariffs of up to 12% and brings parity with key competitors like Bangladesh and Vietnam. While companies of all sizes are actively negotiating orders, concerns remain that...

RIL Q1 profit plunges 25% to 23,000 crore, revenue up 25%

TazaPulseJuly 18, 2026

MUMBAI: Reliance Industries, India’s most valuable company by market capitalisation, reported a 25% fall in quarterly profit to Rs 23,196 crore on Friday, beating analysts’ average estimate of Rs 18,550 crore. The decline was mainly due to a one-off gain of Rs 8,924 crore from a stake sale in Asian Paints in the year-earlier quarter.Revenue...

Business

Cyclosporiasis outbreak linked to Taco Bell may not have major impact

TazaPulseJuly 17, 2026

Customers enter a Taco Bell restaurant on July 14, 2026 in La Cañada Flintridge, California. Mario Tama | Getty Images The cyclosporiasis outbreak linked to lettuce at some Taco Bell locations may not have a significant long-term impact on the chain and other restaurant companies, according to analysts. The outbreak has currently affected more than...

US stock market today: Fresh selling in AI-related stocks drags indices down; oil prices rise

TazaPulseJuly 17, 2026

Semiconductor stocks remained at the heart of the market weakness. US stock market today: Fresh selling in computer chipmakers and other companies that have benefited from the artificial intelligence boom dragged global equity markets lower on Friday, while oil prices continued to rise amid the ongoing conflict with Iran.The S&P 500 declined 1.3%, putting it...

SpaceX shares fall! Market cap of Elon Musk-led firm set to see $1 trillion drop from all-time high

TazaPulseJuly 17, 2026

The weakness in SpaceX shares has raised concerns about the broader momentum behind artificial intelligence-related IPOs. (AP photo) SpaceX, which made its founder Elon Musk the world’s first trillioniare, is all set to lose over $1 trillion in market capitalization from its record high. Shares of SpaceX, he aerospace and artificial intelligence company, fell sharply...

RIL Q2 FY27 results: Reliance Industries posts 22% fall in profit on one-time Asian Paints caveat from last year; revenue rises 25% yoy

TazaPulseJuly 17, 2026

Mukesh Ambani (file photo) Mukesh Ambani-led Reliance Industries Ltd (RIL) on Friday reported a consolidated net profit of Rs 20,946 crore for the first quarter, marking a 22% year-on-year decline. The drop was mainly attributable to an exceptional gain arising from the sale of its stake in Asian Paints during the corresponding quarter last year....

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Berkshire Hathaway Q2 earnings: Profit rises 16% to $12.98 billion as buybacks accelerate

‘Gangstran Te Vaar’: Punjab Police acts against over 58,000 criminals in 200-day crackdown | India News

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Business

Idbi Bank Q1Fy27: IDBI Bank Q1FY27 net profit rises 3.3% to Rs 2007 crore

Punjab National Bank Q1Fy27 Net Profit: Punjab National Bank Q1FY27 net profit up 213% to Rs 5253 crore

RBI may look through price worries, high credit growth

Pin code wars: Quick commerce cos add 900 dark stores in 3 months

Textile sector to sew loose ends as FTAs kick in

RIL Q1 profit plunges 25% to 23,000 crore, revenue up 25%

Cyclosporiasis outbreak linked to Taco Bell may not have major impact

US stock market today: Fresh selling in AI-related stocks drags indices down; oil prices rise

SpaceX shares fall! Market cap of Elon Musk-led firm set to see $1 trillion drop from all-time high

RIL Q2 FY27 results: Reliance Industries posts 22% fall in profit on one-time Asian Paints caveat from last year; revenue rises 25% yoy

Latest News

Raids in four Kashmir districts in anti-national narrative case | India News

Hunter Biden says Joe Biden’s cancer has spread, is ‘very debilitating’

‘Should have gone to Ranchi’: Rijiju takes dig at Rahul Gandhi over Prayagraj event | India News

Berkshire Hathaway Q2 earnings: Profit rises 16% to $12.98 billion as buybacks accelerate

‘Gangstran Te Vaar’: Punjab Police acts against over 58,000 criminals in 200-day crackdown | India News

Rate uncertainty sparking demand for CLO exposure among ETFs: VettaFi

‘Should have gone to Ranchi’: Rijiju takes dig at Rahul Gandhi over Prayagraj event | India News

Berkshire Hathaway Q2 earnings: Profit rises 16% to $12.98 billion as buybacks accelerate

‘Gangstran Te Vaar’: Punjab Police acts against over 58,000 criminals in 200-day crackdown | India News

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Raids in four Kashmir districts in anti-national narrative case | India News

Hunter Biden says Joe Biden’s cancer has spread, is ‘very debilitating’

‘Should have gone to Ranchi’: Rijiju takes dig at Rahul Gandhi over Prayagraj event | India News

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