The company had reported a net profit of Rs 4,004 crore in the first quarter of the preceding 2025-26 fiscal, the Aditya Birla Group entity said. NEW DELHI: Hindalco Industries on Friday said its net profit rose over 75% year-on-year to Rs 7,013 crore in Q1FY27, backed by strong performance across all business segments. The…
Bajaj Finance was down 5.9% and Bajaj Finserv was down 4.2%. MUMBAI: Reserve Bank of India’s proposal to bar finance companies from offering revolving credit facilities took a toll on shares of non-banking finance companies with Bajaj Finance and Bajaj Finserv together losing nearly Rs 55,000 crore in market cap. Bajaj Finance was down 5.9%…
The company had posted a consolidated net profit of Rs 1,706 crore in the corresponding period of previous fiscal. NEW DELHI: Leading two-wheeler maker Hero MotoCorp has reported a 17% decline in consolidated profit after tax to Rs 1,418 crore in the first quarter ended June 30 due to high base effect. The company had…
Global food prices rise in July as cereals, oils and sugar get costlier Plates around the world got a little pricier in July. Prices of cereals, vegetable oils and sugar rose during the month, while meat and dairy prices fell, according to the Food and Agriculture Organization (FAO) of the United Nations.The FAO Food Price…
Why your home-cooked veg and non-veg meals cost more in July Your home-cooked thali may have been a little less pocket-friendly in July.The price of a home-cooked vegetarian thali rose 4 per cent from a year ago, while a non-vegetarian thali became 9 per cent costlier, according to a report released on Friday. Higher prices…
India added 83,100 AI-related jobs during the period, compared with 31,921 positions lost through layoffs and attrition. Is artificial intelligence taking away jobs or is it leading to hirings? A new report by Nomura suggests that in India, AI is creating more jobs than cuts. India, long regarded as the global back office for multinational…
Although the unemployment rate of 4.1% marked the lowest level since June 2025, the decline was driven by a contraction in the labour force rather than stronger hiring. (Image for representative purpose only) US employers unexpectedly shed 23,000 jobs last month, while downward revisions by the Labor Department erased a further 103,000 positions from payroll…
The weaker-than-expected employment report strengthened expectations that the Federal Reserve could have more room before increasing interest rates to curb inflation. US stock market today: Wall Street stocks traded higher on Friday morning, while Treasury yields declined after government data showed US employers unexpectedly eliminated 23,000 jobs last month.The S&P 500 advanced 0.4%, remaining close…
UPI has always been free for consumers since its launch in 2016. (Image: Stock.adobe) Will you now have to pay charges for your UPI transactions? That’s the big question that many are asking after the Lok Sabha cleared a Bill amending the Payment and Settlement Systems Act, 2007, enabling the government to authorise banks and…
Median investor age falls 5 years as India’s market draws more young investors India’s investor club is getting younger and bigger. In last 6 years, from March 2020 to June 2026, the median investor age in the country has fallen from 38 years to 33 years, while the share of investors below 30 has jumped…
