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Sun Pharma Q2 profit plunges 36% on exceptional charges despite revenue growth
Excluding the exceptional items, adjusted net profit stood at ₹3,162 crore.
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Excluding the exceptional items, adjusted net profit stood at ₹3,162 crore.
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Nicola Shaw, who has led the company since 2022, will step down in January, it is announced.
Indian Oil’s gross refining margins, after subtracting for special additional excise duty (SAED), during the reported quarter stood at $18.52 per barrel.
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Government data shows that India’s oil sourcing remains highly concentrated, with just Russia and the UAE accounting for 60% of oil imports
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Middle East war challenges Gulf role in global energy markets The International Institute for Strategic Studies
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Shares in Intel continue to fall while the tech-heavy Nasdaq opens at its lowest level in more than two months.
Profit before taxes of their natural gas marketing business rose more than two-and-half times during the quarter.
As concerns rise over the Nasdaq 100, which faces risks surpassing $2 trillion this month, investors are questioning the viability of major AI investments. With firms like Meta and Alphabet boosting their spending projections, uncertainties around profitability loom large. However, positive results from Microsoft and…
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India constitutes high-level committee for banking reforms Reuters
The O2C business emerged as a key growth driver, with revenue surging 44.2% YoY, reflecting a sharp rise in crude and product price.
Reliance Industries Limited announced impressive figures for FY27, with consolidated gross revenue peaking at Rs 3,62,268 crore. The company experienced a remarkable profit growth of 33.8%, reaching Rs 29,550 crore, largely due to a stellar 67.9% rise in oil-to-chemicals segment EBITDA. While retail revenue saw a 6.4%…
India constitutes high-level committee for banking reforms TradingView
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Bank loans against fixed deposits surge 53% to Rs 2.17 lakh crore on FCNR-B leverage play The Economic Times
RBI deliberates economic risks at 625th Central Board meeting chaired by Governor Sanjay Malhotra The Economic Times
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Government sets up high-level committee, roadmap to make banks globally competitive a key task The Indian Express
Council news desk is preparing the full on-site briefing for this update.
Gold and silver prices have plummeted to their lowest in a year as energy costs surge and inflation remains a pressing concern. The decline in precious metals mirrors waning investor confidence, driven by fears over persistently high interest rates set by the US Federal Reserve. Furthermore, weak demand from major Asi…
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Asset quality improved, with gross non-performing assets (GNPA) declining to 1.78% from 2.16% a year ago.
Centre Sets Up High-Level Banking Committee For Viksit Bharat, To Be Led By Former CVC Suresh N Patel NDTV Profit
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In the week ending October 23, India witnessed a decline in foreign exchange reserves, dropping by $1.269 billion to a total of $719.748 billion. This decrease was primarily driven by a notable reduction in the value of gold reserves. However, foreign currency assets saw a rise of $1.358 billion, reaching $593.205 bil…
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