Day

July 29, 2026
The US Federal Reserve is expected to keep interest rates unchanged, with markets increasingly pricing in a September hike. Persistent inflation, geopolitical tensions, elevated oil prices and upcoming economic data continue to shape policymakers’ outlook and strengthen the case for tighter monetary policy.
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Indian equities rallied sharply as Sensex gained 889 points and Nifty topped 24,250, adding over Rs 4 lakh crore in market value. Strong IIP data, IT and metal buying, bullish technical indicators and improving FII sentiment outweighed geopolitical concerns and higher oil prices.
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Star Health reported a twenty-five percent net profit increase for the first quarter. Total income rose to Rs 4,471 crore from Rs 3,990 crore a year ago. Gross written premium increased nineteen percent to Rs 4,287 crore during the quarter. The insurer’s underwriting profit surged significantly to Rs 111 crore. Star Health settled nine point...
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Jammu and Kashmir Bank reported a 12.6% decline in Q1 net profit to Rs 424 crore due to higher provisions despite improved asset quality. Advances and deposits grew strongly, while net interest margin narrowed, triggering a nearly 13% decline in the bank’s share price.
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Waaree Energies has reported a profit increase of 15.39 percent for the June quarter, fueled by higher revenues that bolstered its financial performance. Notably, the company boasts a record order book of around Rs 61,500 crore. Additionally, module production experienced a remarkable year-on-year rise of 41.51 percent, while emerging business ventures are now making a...
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Eicher Motors has announced an impressive 21.4 percent rise in profits for the first quarter. Royal Enfield has set a new benchmark with its highest quarterly sales volume to date. The company is also investing Rs 1,225 crore in a new greenfield facility in Andhra Pradesh, aimed at significantly boosting motorcycle production capacity. Additionally, VE...
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CBIZ shares surged 17% after Grant Thornton Advisors agreed to acquire the company for $5 billion in cash. The deal will create the fifth-largest US accounting and advisory firm, overshadowing mixed quarterly results and accelerating consolidation in the professional services industry.
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In FY26, Amazon Web Services India experienced a remarkable increase in its consolidated net profit, soaring over tenfold to reach Rs 242.8 crore, while consolidated revenue from operations also experienced a growth of about 21 percent, hitting Rs 20,225.6 crore. However, the standalone net profit faced a downturn of approximately 14 percent, despite a standalone...
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Indian markets rebounded over 1% on strong earnings and IT buying, with Nifty closing at 24,250. Analysts recommended Lloyds Metals and Ashapura Minechem, citing bullish technical breakouts, strong momentum, rising volumes and sustained strength above key moving averages ahead of the US Fed decision.
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