As Q1 earnings dominate investor focus, Warren Buffett and Charlie Munger’s criticism of EBITDA is back in the spotlight. Buffett called it a tool to mislead investors, while Munger famously dubbed it “bullshit earnings”, arguing that ignoring depreciation and other real costs distorts a company’s true financial health.Read More
IndusInd Bank reported a 72% year-on-year jump in consolidated Q1 net profit to Rs 1,037 crore, aided by lower provisions despite flat net interest income and weaker fee income. Asset quality improved, deposits grew, and capital adequacy strengthened, while advances declined as the lender prioritised portfolio quality and disciplined growth.Read More
Indian government bonds experienced a fourth consecutive session of decline on Wednesday. Benchmark bond yields rose to their highest level since late June. Rising oil prices and supply fears intensified concerns about India’s economic outlook. The Indian rupee weakened to a two-month low against the dollar. Overseas investors continue to purchase bonds, supporting the market.Read More
John Maynard Keynes’ quote highlights speculation’s dual nature in markets. Healthy speculation supports enterprise, while excessive speculation can destabilize economies. Modern markets face risks as AI and cryptocurrencies can overshadow fundamentals.Read More
U.S. markets opened mixed as Nasdaq and S&P 500 slipped on chip stock weakness, while Dow edged higher. Investors remained cautious ahead of key Big Tech earnings, with focus on whether AI-driven momentum can sustain. Semiconductor pressure and earnings uncertainty kept overall sentiment fragile at the open.Read More
The Reserve Bank of India sold $6.1 billion in foreign exchange during May. This intervention occurred as oil prices surged, pushing the rupee to a record low. The central bank also implemented policy measures to encourage dollar inflows into India.Read More
Bill Gates’ equity portfolio has delivered strong gains in 2026, with several holdings rising over 25% year to date. Stocks such as Caterpillar, Madison Square Garden Sports and FedEx have led the rally, reflecting strength across industrial, logistics and entertainment sectors, according to Trendlyne data.Read More
AT&T shares climbed after reporting robust second-quarter earnings and adding customers. The company announced plans to accelerate its share buyback program this year. Revenue and income from continuing operations saw year-on-year increases. AT&T added over one million advanced connectivity customers during the quarter. The telecom giant reiterated its financial guidance through 2028.Read More
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