India’s consumer sector showed gradual recovery in 3QFY26, with 17% revenue and 15% EBITDA growth aided by low base, stable input costs and improving sentiment. Food and staples led gains, while discretionary recovery remained uneven. Titan Company and Britannia Industries delivered strong quarterly performances.Read More

The U.S. dollar is poised for its first monthly gain since October, despite a midday retreat from earlier highs. Hotter-than-expected producer price data initially boosted the greenback, but traders squared positions ahead of month-end and the weekend. Geopolitical uncertainty and expectations of Fed rate cuts are also influencing currency movements.Read More

Oil prices climbed on Friday as traders anticipated supply disruptions. Nuclear talks between the United States and Iran have yet to reach an agreement. Brent crude futures settled at $72.48 a barrel, and U.S. West Texas Intermediate crude finished at $67.02 a barrel. Both benchmarks are on track for weekly gains. Uncertainty prevails, with fear...Read More

Gold surged to a near one-month high, nearing its seventh consecutive monthly gain. Geopolitical tensions, particularly concerning U.S.-Iran nuclear talks and potential military action, fueled a flight to safety. Lower U.S. Treasury yields further bolstered bullion’s appeal. Meanwhile, China’s gold imports saw a significant jump, indicating strong consumer demand.Read More

Bihar’s new microfinance law could stall the sector’s rebound. The state assembly passed a bill regulating money lending, a move that may push up loan defaults, echoing issues seen in other states. Lenders are prioritizing borrower engagement to curb repayment delays, and the industry aims to reassure borrowers while safeguarding asset quality.Read More

IIFL Home Finance has secured a $300 million loan from the Asian Development Bank to expand affordable housing lending for low-income families, with a special emphasis on women. A portion of the funds will back green-certified, energy-efficient homes, helping address India’s substantial housing shortage and extending homeownership to underserved communities nationwide.Read More

The Nifty IT index plunged 19.5% in February, its steepest monthly drop since 2008, as AI disruption fears and new tools from Anthropic triggered heavy selling. Tech stocks erased Rs 5.7 lakh crore in market value, with Coforge and LTIMindtree among the worst hit.Read More

Global stocks saw a dip on Friday. Concerns over AI’s impact and high tech valuations weighed on markets. Meanwhile, rising US-Iran tensions pushed oil prices higher. Sterling also experienced a fall following a Labour election defeat. Investors are closely watching these developments.Read More

U.S. stocks faced significant declines on Friday, heading for their largest monthly drop in a year due to persistent investor worries. Financial and tech sectors were particularly hard hit by concerns over AI costs, revived tariff uncertainties, and geopolitical tensions, alongside hotter inflation data.Read More

Gold loans surged 128% year over year, while renewable-energy lending rose 62%. Export credit declined 17.2%. Total bank credit increased 14%, outpacing deposit growth. Retail loans grew 15%, corporate lending improved to 12%, and the gems-and-jewellery and engineering sectors each posted 36% growth. Overall credit expansion now exceeds deposits.Read More