Category: Business News & Economy

Salzer Electronics fell 6.19% to Rs 571.25 after reporting weaker profitability for the quarter ended 30 June 2026.

Net interest income rises 18 per cent, advances grow 18.3 per cent and gross NPAs fall to 1.3 per cent as the lender reports broad-based business momentum

Large currency speculators slightly decreased net shorts in Pound futures market, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of Pound futures, traded by large speculators and hedge funds, totaled a net short position of 57814 contracts in the data reported through…

Net interest income grows 12.7 per cent, provisions fall 31 per cent and gross NPAs improve as advances rise nearly 20 per cent year-on-year

China’s consumer inflation eased to 0.5% year-on-year in July, marking a six-month low, mainly due to lower food prices and slower growth in non-food costs. Producer price inflation also moderated to 3.5% from 4.1% in the previous month, indicating a gradual easing in price pressures across the economy.

Leading private lenders expect lending momentum to continue after strong June-quarter growth, with companies increasingly opting for bank loans over costlier bond market borrowings

Investors also continued to monitor geopolitical developments in the Middle East. While the US indicated that a potential agreement with Iran could be close, Iran denied reports of direct negotiations, keeping geopolitical uncertainty in focus.

The Bank of Japan monitors yen weakness closely, with Governor Kazuo Ueda highlighting its impact on import costs and inflation. While short-term rates remain at 0.75%, currency movements increasingly influence price trends. Policymakers balance supporting economic recovery with managing inflation risks amid global uncertainties and sustained yen depreciation.

SBI Economic Research says prolonged geopolitical tensions and supply shocks could keep credit growth ahead of deposits, though FCNR(B) inflows may improve deposit mobilisation

Retail loan disbursements strengthened across banks in Q1 FY27, while corporate credit demand remained firm, driven by working capital needs, refinancing and a shift from bond markets