India’s inflation rate has risen to the highest in eight months under the new CPI series to fall within the Reserve Bank of India’s tolerance band for the first time since August 2025. That indicates a status quo on repo rate in the longer term. India’s new inflation series cuts the weight of volatile items […]
TOKYO: Japan’s Nikkei share average climbed past the 58,000 mark for the first time on Thursday, extending its scorching rally since Prime Minister Sanae Takaichi won a resounding electoral victory on a campaign of increased economic stimulus. The benchmark Nikkei 225 Index was up 0.4% at 57,874.61 after rising as high as 58,015.08 earlier in […]
India’s largest public sector lender State Bank of India (SBI) on Saturday reported 24% year-on-year (YoY) growth in its standalone net profit at Rs 21,028 crore in the third quarter. Net interest income for the same period increased 9% YoY to Rs 45,190 crore. The company’s operating profit (before provisions and contingencies) grew 40% YoY […]
Housing demand in Bengaluru areas adjacent to metro stations has surged by 8-19%, according to data shared by NoBroker. Home prices in established metro hubs like Rajajinagar rose by 13% and 11% in Jayanagar, while rental values near the stations climbed as much as 18%, outpacing the broader city average. Housing demand near Bengaluru metro […]
The fourth quarter earnings season kicks into high gear this week, with Big Tech results from Microsoft (MSFT), Meta (META), Tesla (TSLA), and Apple (AAPL) headlining the earnings calendar. An optimistic consensus is forming: As of Jan. 23, 13% of S&P 500 (^GSPC) companies have reported fourth quarter results, according to FactSet data, and Wall […]
Kate Wood, a lending expert with Nerd Wallet, and Kristina Modares, a co-buying strategist with Joynt, reveal why young women are skirting marriage for non-romantic homeownership. Co-buying homes, platonically? That’s a trend emerging among homeowners today. Kate Wood, a lending expert with NerdWallet, told Fox News Digital that co-buying is attractive because housing is “incredibly […]
KMB’s management expects margin to improve slightly in Q4 due to last quarter seasonality effect | Photo Credit: REUTERS Fourth-largest private lender Kotak Mahindra Bank (KMB) on Saturday reported its Q3FY26 net profit at ₹3,446 crore, up 4 per cent year-on-year (y-o-y), led by modest growth in core income. The bank’s net interest income (NII) […]
Residential property registrations in Hyderabad rose 14 per cent year-on-year (YoY) in December 2025, while the total value of homes registered increased 23 per cent YoY during the same period. Nearly 6,600 residential properties worth ₹4,399 crore were registered in the month, as per an analysis by Knight Frank India. Hyderabad real estate: As many […]
Growth in eight key infrastructure sectors, as measured by the combined Index of Eight Core Industries, accelerated in December, supported by strong expansion in construction-linked segments and electricity, as per data released by the ministry of commerce on Tuesday. Despite the stronger headline growth, energy-related segments continued to weigh on the index. (AFP FILE) Core […]
Net profit of Reliance Industries Ltd. barely grew in the fiscal third quarter as weak oil & gas revenue offset gains in the telecom and retail businesses. Reliance Indusries Chairman Mukesh Ambani. (PTI) Net profit of India’s largest company by market capitalisation rose 0.56% YoY to ₹18,645 crore on revenue that increased 10.51% YoY to […]