ICICI Lombard General Insurance saw an 18% net profit increase in Q2 FY26 despite a 1.9% dip in gross direct premium income. The insurer’s combined ratio edged up to 105.1%, with a dividend of ₹6.5 per share declared. The company maintains a solvency ratio of 2.73x, exceeding regulatory requirements.Read More
Asian stocks rebounded as Fed Chair Powell’s comments reinforced expectations for an October rate cut, boosting sentiment despite renewed US-China trade tensions. While contracts for the S&P 500 remained little changed, gold traded near its peak, and crude oil hovered near a five-month low.Read More
The Dow and the S&P 500 turned positive on Tuesday after Federal Reserve Chair Jerome Powell said the central bank may soon end its balance sheet runoff, easing investor concerns over tight financial conditions.Read More
Amir Chand Jagdish Kumar Exports Ltd, a prominent basmati rice exporter, has received approval from Sebi for its initial public offering. The company plans to raise Rs 550 crore through a fresh issue of shares. These funds will be utilized for working capital and general corporate needs. The company also has a presence in FMCG...Read More
US Federal Reserve Chair Jerome Powell warned Tuesday that risks to employment had risen in recent months, noting there had been a sharp slowdown of job creation in the world’s leading economy. “In this less dynamic and somewhat softer labor market, the downside risks to employment appear to have risen,” Powell said, noting that longer-term...Read More
With silver prices soaring to unprecedented levels, a severe scarcity has emerged, directly affecting India’s silver jewellery exports. The Gem & Jewellery Export Promotion Council is convening with exporters and retailers to brainstorm solutions. Compounding this issue, global demand coupled with stricter US import regulations is leading to reduced supplies.Read More
LG Electronics India debuted on Indian bourses with a 50% premium, surpassing its Korean parent in market value. Analysts suggest booking profits on listing gains, with potential re-entry opportunities after Q2 results, especially on dips towards ₹1,600-1,630.Read More
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