China, Hong Kong stocks set to open higher on Trump-Xi trade talk optimism| Business News

China and Hong Kong equities are poised to open higher on Monday, buoyed by investor optimism over a potential breakthrough in trade negotiations between Washington and Beijing. US President Donald Trump meets with China’s President Xi Jinping at the start of their bilateral meeting at the G20 leaders summit in Osaka, Japan, June 29, 2019 […]

Net profit drops 26% to ₹5,090 crore on higher provisions| Business News

Axis Bank Ltd. reported a bigger-than-expected drop in second-quarter profit on Wednesday, as higher provisions for bad loans weighed on earnings. Axis Bank shares fell 0.65% to ₹1169.00 apiece on the BSE even as the benchmark Sensex ended the day 0.70% higher at 82,605.43 points. (Reuters) Standalone net profit of India’s fourth-largest private lender by […]