Category: Business News & Economy

Amazon shares surged after robust cloud sales growth validated AI investments. The company posted its strongest cloud growth in over four years. This performance justifies a significant increase in planned capital spending for 2026. Unlike some rivals, Amazon demonstrated measurable returns from its AI spending. Investors responded positively, reinforcing confidence in the tech giant’s strategy.

Apple shares dropped significantly after a weak forecast indicated component shortages. The AI boom is straining global supply chains, impacting chip availability for major tech firms. This situation threatens to shrink both the personal computer and smartphone markets this year. Apple’s services business also showed weakness, worrying investors about future revenue streams. Analysts are questioning…

Federal Reserve Chairman Kevin Warsh faces a difficult choice regarding monetary policy. His recent statements on inflation have unsettled bond markets significantly. Some central bankers are advocating for interest rate hikes to combat rising prices. Others, however, are hesitant to disappoint President Donald Trump’s easing expectations. This internal division creates uncertainty for future economic policy…

The Indian rupee closed at 95.38 on Friday, strengthening significantly. Persistent Reserve Bank of India interventions and lower oil prices aided this currency gain. The local unit traded within a narrow range during the trading session. A weaker dollar index also contributed to the rupee’s upward movement. Analysts expect continued support for the rupee at…

Investors await US employment data and corporate results this week. Market direction remains uncertain due to geopolitical tensions and interest rate policy. Big tech earnings showed mixed results, impacting investor sentiment significantly. The Federal Reserve’s recent decision left many unclear about inflation plans. Upcoming economic reports will guide Wall Street’s next market moves.

Maruti Suzuki reported an eleven percent profit decline in the June quarter. Rising input costs, aggravated by West Asia hostilities, impacted profitability significantly. However, net sales climbed thirty-six percent to ₹49,959 crore during the same period. Unit sales also saw a strong twenty-nine percent increase, reaching a record 682,724 cars. The company also approved four…

ITC’s first quarter net profit declined twenty-seven percent year-on-year. Record taxation on cigarettes significantly impacted the company’s core business operations. The West Asia crisis also negatively affected agri-business exports during the period. However, the FMCG segment showed resilience with revenue and profit growth. Consumption remained steady across rural and urban markets despite inflation concerns.

Sebi has barred Zee founder Subhash Chandra and CEO Punit Goenka from the securities market for one year. This action stems from an unauthorized pledge of company land to secure promoter group loans. The regulator also imposed a significant penalty on Zee Entertainment Enterprises Limited. Shareholders approved a convertible warrant issuance, raising promoters’ stake substantially….

IRDAI has tightened oversight on insurer ownership changes and eased capital raising. Investors now need prior approval for shareholding changes exceeding five percent. The regulator also extended approval requirements to promoter group transfers. Dilution from existing shareholders not participating is now a transfer event. These amendments were announced late Friday by the authority.

Bajaj Finserv announced an eighteen percent profit increase for the June quarter. This growth was primarily fueled by strong consumer finance earnings. Bajaj Finance saw its profit after tax rise by twenty-eight percent. However, profits at general and life insurance units experienced declines. Bajaj Housing Finance reported a twenty-three percent profit increase.