
HDFC Bank Q2 Profit Up 4.7%; Treasury Gains Plunge 67%
HDFC Bank reports a 4.7% rise in Q2 net profit to Rs 19,510 crore, as a plunge in treasury gains offsets strong core lending growth.
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HDFC Bank reports a 4.7% rise in Q2 net profit to Rs 19,510 crore, as a plunge in treasury gains offsets strong core lending growth.

Gujarat launches a massive investment campaign across 22 countries and 8 Indian cities ahead of the Vibrant Gujarat Global Summit 2027.

Surat is diversifying from sarees to high-performance defence technical textiles, boosting Make in India and reducing imports.

ICICI Bank reports a 20.1% jump in standalone net profit for Q2 FY26-27, driven by strong loan growth and improved asset quality.

A new Equirus report reveals 50% of wealthy Indian women feel their heirs are unprepared for the massive transfer of family wealth.

CareEdge Global suggests the US Fed may hold rates in October but hike by 25 bps by year-end amid inflation and geopolitical tensions.

US President Trump waives sanctions on Russian oil under the Graham Act, providing economic relief for India ahead of US midterm elections.

CareEdge Chief Economist Rajani Sinha analyzes the impact of the US tariff waiver on Russian crude and India's macroeconomic resilience.

Congress leader Pawan Khera criticises the Modi government for restricting gold fund investments ahead of Diwali and Dhanteras.

Former BPCL Director R Ramachandran analyzes the impact of the US waiving sanctions on Russian crude and what it means for Indian refineries.

The Finance Ministry confirms no legal bar on reducing govt stake in IDBI Bank following the Rs 52,878 crore deal with Fairfax Financial Holdings.

Bharti Enterprises Chairman Sunil Bharti Mittal explains how AI tools like ChatGPT are creating new possibilities for established businesses.

The US has waived punitive tariffs on India's Russian oil imports, but GTRI warns that Washington retains leverage to reinstate them at any time.

PNB MD & CEO Ashok Chandra expects festive demand to push retail loan growth to 18% and MSME credit to 21% this quarter.

OPEC predicts a sharp rise in global oil demand by 2027, with India and non-OECD Asia driving growth amid strong economic activity.

Goldman Sachs predicts oil prices will ease to $80 by 2027 as Middle East supply recovers, though geopolitical tensions remain a risk.

US Treasury Secretary Scott Bessent calls for a World Bank energy policy overhaul to support oil and gas projects in developing nations.

Goldman Sachs identifies high-quality AI debt and municipal bonds as key investment opportunities amid market volatility and shifting interest rates.

Morgan Stanley predicts a resurgence in global equities as strong earnings and AI productivity offset the impact of rising bond yields.

Global luxury brands face a growth crisis as China's economic slowdown turns a hoped-for U-shaped recovery into an L-shaped slump.

Ambassador Vinay Kumar defends India's Russian oil imports, citing the needs of 1.4 billion people and highlighting Europe's own energy trade.

India will execute a Rs 3,000 crore currency swap rollover for the Maldives to bolster economic resilience and financial stability.

CM Samrat Choudhary directs DMs to speed up land acquisition for industrial projects to boost investment and jobs in Bihar.
Finance Minister Nirmala Sitharaman and Curaçao's Charles Cooper explore ties in energy storage, logistics, and pharmaceuticals in Bangkok.