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HDFC & ICICI Bank report strong earnings with record profits in Q1

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HDFC Bank and ICICI Bank both reported robust earnings growth for the June 2025 quarter, fueled by increased interest and non-interest income. HDFC Bank announced a bonus issue and dividend, with net profit rising 12.2%. ICICI Bank's net profit grew by 15.4%, driven by income growth, while both lenders expressed caution regarding margin pressures and certain retail lending segments. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/7CoXtlG

Sebi looks to expand mutual fund categories

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SEBI is considering changes to scheme categorization, potentially allowing sectoral debt funds and investments in REITs and InvITs. The regulator is also exploring solution-oriented life cycle fund of funds with lock-in periods for goals like retirement. These funds could shift asset allocation over time, becoming more conservative as the target date approaches, with modifications to investment objectives and benchmarks planned. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/zqmn8Ir

Asian Paints exit pumps RIL’s profit to record Rs 31,000 crore in Q1

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Reliance Industries reported a 76% surge in quarterly profit, reaching Rs 30,681 crore, driven by gains from stake sales and robust growth across its O2C, retail, and digital services. Jio's strong performance, with an ARPU of Rs 209 and a large customer base, significantly contributed to the overall positive results. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/rd3I8et

Long-term F&O contracts can reduce volatility: Sebi official

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Sebi wants to improve India's derivatives market. Ananth Narayan suggests extending F&O contract tenures. He highlights concerns about short-term trading dominance. Regulators worry about household savings in speculative trading. A Sebi study reveals significant losses for individual F&O traders. Recent regulations aim to discourage short-term trading. Sebi acknowledges industry concerns about revenue impact. The focus is on sustainable market practices. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/oUyELGZ

SBI looks to mop up record Rs 45,000 crore through equity, debt

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SBI is set to raise Rs 45,000 crore from capital markets, including a Rs 25,000 crore QIP, potentially the largest in India. This equity dilution of 3.3% follows board and shareholder approvals. The floor price is Rs 811.05 per share, with a possible 5% discount. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/anUDe8S

Tata Technologies, Sun Pharma & more: Top stocks on brokers' radar for July 17, 2025

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Brokerage firms have varying outlooks on several companies. JP Morgan downgraded Tata Technologies due to mixed Q1 results, while Goldman Sachs is optimistic about Ola Electric's path to profitability. JM Financial initiated coverage on Kalyan Jewellers with a buy rating, citing growth opportunities. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/MLePJWT

Sweet deal? Donald Trump claims Coca-Cola has agreed to use 'real' cane sugar in US drinks; company responds

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Donald Trump announced on Truth Social that Coca-Cola has agreed to replace high-fructose corn syrup with real cane sugar in its US soft drinks, following his request. Coca-Cola acknowledged Trump's support but didn't confirm the change. The potential switch sparks debate over economic impacts and health implications, as Trump's history with Diet Coke adds intrigue. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/UKhgpxS