Profit by knowlytics
Uncover the latest corporate headlines, economic policies, macro-level market updates, and industry developments shaping Indian and global markets on FinSiddhi.
Bharti Airtel reported a consolidated net profit of ₹8,167 crore for Q1FY27, a 37.3% YoY increase, announced on August 04. However, net profit declined 11.5% compared to ₹7,325 crore in Q4FY26.
While hard restrictions on retail investors investing money abroad have served the country well so far, it’s time for a change. Let’s ease capital controls so that market forces can reward investors and reduce India’s macro instability on the external front.
WhatsApp accounts in India and other regions faced a 24-hour review period. Users reported being blocked from all app features without prior notification. The app displayed a message indicating activity and device information checks. Affected users expressed frustration and sought urgent assistance on social media platforms. WhatsApp has not yet provided an immediate response to…
Kalyan Jewellers reported a net profit of ₹348 crore for the June quarter, a 32% YoY increase. However, it declined sequentially from ₹409 crore. Revenue rose 46% YoY to ₹10,589 crore, but fell 3% QoQ, with lower contribution from studded jewellery.
By not explaining the logic of how the US Federal Reserve adjusts policy in response to changes in the American economy, the Fed ends up ceding control to financial markets. This would constrain the efficacy of its policy as it goes along. Here’s how.
Indian stock markets implemented an auction-based closing price mechanism on Monday, enhancing price discovery. The BSE reported strong participation from over 400 trading members, while the NSE noted 515 members engaged, despite a spike in indices being labeled an aberration.
Mittersain will now focus his efforts as MD on shaping the company’s long-term strategy, portfolio direction, strategic partnerships, and key stakeholder engagement.
Seaborne trade chokepoints being leveraged or weaponized don’t bode well. The era of efficiency-driven globalization is giving way to one in which resilience, redundancy and maritime security shape the global order. India must focus on naval power.
The report said Apple last month lodged a legal complaint at the Investigatory Powers Tribunal – Britain’s independent judicial body – over the Interior Ministry’s demand that Apple allow it access to encrypted cloud backups of data belonging to British users.
Smartphones and laptops don’t make students sharper. They need to develop discipline and focus. The beautiful balance between the power of AI and human wisdom is the only way to create a meaningful world.