Finance

Jio Financial Services shares surged up to 6% after the company reported a 156% rise in first-quarter net profit and strong business growth.

Filing an ITR is incomplete without e-verification. Here’s how to verify your return, available methods and the consequences of missing the deadline.

Blinkit added 2.7 million weekly active users to reach a record 55.2 million, extending its lead in India’s fast-growing quick commerce market, CLSA said.

South Indian Bank reported a 17.3 per cent rise in Q1FY27 net profit to Rs 378 crore, with strong NII growth and improved asset quality.

Sterling and Wilson Renewable Energy reported a 69.4 per cent rise in Q1FY27 profit, while revenue fell 9.7 per cent and shares declined nearly 9 per cent.

ITC Hotels reported a 35.5 per cent rise in Q1FY27 net profit to Rs 180 crore, while revenue grew 14.8 per cent to Rs 936 crore despite a fall in its share price.

Electronics manufacturing stocks surged after the Centre approved the revamped Mobile PLI 2.0 scheme to strengthen India’s electronics ecosystem.

MRPL shares rallied over 11% after the company posted a sharp rise in June quarter profit, driven by strong revenue growth and a one-time gain.

Patanjali Foods shares plunged 17% as heavy selling and rising futures open interest signalled fresh short positions despite positive analyst ratings.

Groww reported a 94.2% jump in Q1FY27 net profit to Rs 735 crore, while its shares rose nearly 5% after the strong quarterly earnings.

Fedbank Financial Services reported a 52.5% jump in Q1FY27 net profit to Rs 114 crore, driven by strong income growth and steady expansion in lending.

Union Bank of India posted a 29.6% rise in Q1FY27 net profit to Rs 5,332 crore, while its shares gained over 4% following the results.

IDBI Bank shares gained nearly 3 per cent after the lender clarified it had received no official communication on reports of Fairfax Financial’s revised stake offer.

Kusumgar Ltd. shares listed at a premium of over 36 per cent after its ₹650-crore IPO was subscribed nearly 129 times.

Oil prices rose for a third day as Trump warned of more strikes on Iran, raising fears of supply disruptions through the Strait of Hormuz.

The Income Tax Department requires taxpayers to disclose all active bank accounts while filing ITR. Here’s why it matters before the July 31 deadline.

Bank of America expects petrol and diesel prices to remain unchanged as oil companies continue recovering recent losses despite inflation crossing the RBI’s target.

Finance Minister Nirmala Sitharaman reviewed the RBI’s swap facility schemes, with banks reporting strong interest from NRIs in FCNR(B) deposits and foreign borrowings.

The new tax regime offers lower tax liability for most salaried taxpayers, while the old regime remains beneficial only for those claiming high deductions.

India’s retail inflation rose to 4.38% in June, the highest in 18 months, driven by higher food prices and an increase in core inflation.