For a common sample of 164 companies, revenue grew 17.5% on a low base a year ago, the fastest in at least nine quarters. Net profit rose 14.5% year-on-year, marking a second consecutive quarter of double-digit growth. In the year-ago period, revenue and profit had risen by 4.7% and 11.5%, respectively.Read More

J.P. Morgan identifies India as a priority market due to its strong economic growth. The firm is expanding its local investment banking team to meet this demand. India’s long-term investment case remains robust despite current global uncertainties. Oil price volatility presents a near-term risk, though India is better positioned. Foreign capital is expected to return...Read More

Corporate earnings season is gathering steam with key updates expected soon. Alphabet and Intel reports will influence the market-leading artificial intelligence trade. High profit expectations and Iran war uncertainty are currently impacting investor sentiment. The S&P 500 saw a weekly decline, driven by semiconductor share pullbacks. However, the benchmark index remains significantly up for the...Read More