Stablecoins have crossed $3.1 trillion in daily transactions, surpassing Visa and nearing US ACH volumes. Their market cap has topped $300 billion as they rapidly evolve into a programmable payments layer enabling faster, cheaper and more open digital transactions across the Internet.Read More
Benchmark indices reversed early losses to close higher for a fourth straight session, aided by gains in financials, pharma and FMCG. Key movers included Ipca, Jubilant FoodWorks, Groww, Pine Labs, TARIL, and IT stocks reacting to profit booking and earnings updates.Read More
Kotak Bank stock split: Kotak Mahindra Bank, India’s third largest private lender by market value, said its board will consider a proposal to split its shares on November 21.Read More
Muthoot Finance posted an 88% jump in Q2 profit to Rs 2,345 crore, driven by strong gold loan demand, a 42% loan book expansion, improved asset quality, and upgraded FY26 growth guidance to 30–35%.Read More
Muthoot Finance saw an 88% profit surge in the second quarter. Strong loan demand and rising gold prices fueled this record performance. The company has now raised its FY26 gold loan growth forecast to 30-35%. Its loan book expanded significantly. Asset quality also improved. Muthoot Finance plans to raise additional funds.Read More
Early Bihar election trends point to a strong NDA win, easing political uncertainty and reinforcing expectations of continuity in policy and execution. MarketSmith India says markets may see brief volatility before refocusing on earnings, reforms, capex momentum and sector-specific drivers.Read More
India’s GDP could outperform Moody’s 6.5% growth forecast for 2025–26 if tariff tensions with the US ease and private-sector investment accelerates, says Moody’s Senior VP Christian de Guzman. Strong domestic demand, low inflation, tax reforms and sustained public capex remain key growth drivers, while consumer-focused sectors may deliver upside despite global uncertainty.Read More
Tata Motors PV Q2 Results: Tata Motors PV reported a consolidated net profit of Rs 76,170 crore for Q2 FY26, boosted by exceptional gains from the disposal of discontinued operations. Revenue from operations declined 13% year-on-year. The company’s performance was impacted by a cyber incident at Jaguar Land Rover, though domestic operations remained steady.Read More
On Friday, the Indian rupee took a hit, reflecting a challenging week as global investors turned cautious. The currency faced downward pressure due to a shift in sentiment, prompting the Reserve Bank of India to step in with measures aimed at stabilization. Unfortunately, the rupee finished the day close to its historical low.Read More
Jubilant FoodWorks shares saw a significant jump on Friday. The Domino’s pizza owner announced strong September quarter earnings. Profit after tax recorded a 190 percent year-on-year increase. Revenue from operations also showed a healthy uptick. The company added 93 stores to its network in the quarter. India business continues to expand and innovate.Read More
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