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Indian stock markets experienced minimal fluctuations on Wednesday, resulting in a lower close for the Nifty50. Although technical signals point to potential bearish trends, the overall outlook stays optimistic. Focus is directed towards Tata Power, which plans to challenge a recent court verdict, and Jio Financial Services, citing notable asset increases. Additionally, companies like Bharat…
Zerodha’s net profit increased by 1.2 percent to ₹4,283 crore in FY26. Revenue remained largely unchanged from the previous year’s ₹8,847 crore. Income from margin trading helped offset a slowdown in its core broking business. Smaller rival Groww expanded both revenue and profit by about 14 percent. Zerodha remains nearly twice as large on key…
The/Nudge Foundation’s investment platform will provide ₹2 crore to ₹16 crore in patient capital to seed-to-Series A ventures serving India’s Next Billion across livelihoods and climate resilience
Today’s Best of BS Opinion examines rising sugar prices, AI-led credit assessment, global trade dualism, mounting US fiscal risks and China’s reshaping of collective memory.
Indian banks are now shifting focus towards borrowing in overseas foreign currencies to meet their fundraising requirements. This strategic pivot comes in light of an advanced deadline on August 31 that altered original plans tied to deposit-linked fundraising. With the Reserve Bank of India (RBI) moving the timeline forward, many lenders have revised their bond…
Contracts for the tech-heavy Nasdaq 100 Index climbed 1.2%, while those for the S&P 500 Index added 0.6% after Nvidia signaled strong sales growth in 2028. The company’s shares rallied 4.2% in extended trading. The upbeat outlook also lifted other AI stocks, including Marvell Technology Inc. and Sandisk Corp., in after-hours trading.
PNB Housing Finance shares have seen significant gains this year. The company is focusing on affordable and emerging housing segments. This strategic shift aims to improve its valuation and return ratios. Disbursements and net profit are expected to grow robustly in coming years. Stable asset quality and new financing initiatives support future growth.
Specialised investment funds are changing wealth manager portfolio structures. Hybrid SIF strategies are increasingly included in allocations. These funds offer tax efficiency and differentiated investment approaches. Wealth managers suggest these funds complement core portfolios for investors. SIFs provide flexibility through various investment strategies.
TILT is targeting a funding gap faced by early-stage businesses serving low-income communities, which often take longer to build product-market fit, distribution and sustainable economics than conventional venture-backed businesses.
The latest visit comes as the conflict approaches its sixth month. Although major fighting has largely stopped, the two sides have yet to make progress towards a lasting diplomatic settlement. One of the biggest unresolved issues is the Strait of Hormuz, the narrow waterway between Iran and Oman through which a major share of the…