Lupin shares rose on Friday after the pharma major reported a robust 73% YoY surge in Q2 FY26 PAT to Rs 1,485 crore, driven by strong sales growth, margin expansion, and operational efficiency. Revenue jumped 24% YoY to Rs 6,831 crore, while EBITDA soared 76%.Read More
Japan’s Ministry of Finance is exploring mid-year reviews for government bond issuance. This move aims to boost market stability. Currently, plans are set annually. A recent cut in super-long bond sales eased market oversupply concerns. The proposed change would allow adjustments based on market conditions. This marks a significant shift in Japan’s bond issuance framework.Read More
Japanese government bond yields saw an uptick, particularly for longer-term debt, following Prime Minister Sanae Takaichi’s appointments of fiscal stimulus advocates to key economic roles. This shift has reignited concerns about government spending, impacting yields across various maturities. Market sentiment remains cautious, with fiscal developments and overseas interest rates now the primary drivers for JGBs.Read More
Vietnam’s richest man, Pham Nhat Vuong, has launched VinSpace Joint Stock Company to produce planes and spacecraft, expanding Vingroup’s diverse portfolio. This new venture, with initial capital of $11.4 million, aims to complement existing Vingroup businesses and explore future growth in aerospace and related fields.Read More
Citi reiterates “BUY” rating on Vodafone Idea with a target price of Rs 14, suggesting a 51% upside. The Supreme Court’s order enables reassessment of Vodafone Idea’s AGR dues, providing potential government relief.Read More
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