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AU Small Finance Bank reported strong Q3FY26 performance, with profit rising 26% and NII up 16%, supported by higher margins, loan and deposit growth, stable asset quality and improving unsecured portfolio trends, despite higher operating expenses and exceptional provisioning.
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Wall ‍Street’s ​main indexes ⁠opened sharply lower on Tuesday, as investors ‌were ‌spooked by renewed tariff ‌threats from President Donald Trump against Europe over control ​of Greenland.
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The Elara-owned Oyster Bay Fund borrowed from Nomura to make leveraged bets on Adani Enterprises and Adani Ports. Those positions collapsed after Hindenburg Research’s January 2023 report accused the Adani Group of “brazen stock manipulation” and suggested Elara-linked funds were involved, according to High Court filings.
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Gold surged past the Rs 1.5 lakh mark for the first time as geopolitical tensions, tariff threats, strong investor demand, central bank buying, de-dollarisation trends, and rupee weakness combined to drive prices sharply higher in 2026.
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India’s defence spending may not rise sharply as a share of GDP, but capital outlays are set to grow 8–10% annually, says Amit Anwani of PL Capital. Aero engines, missiles and defence electronics could benefit, while execution and order delivery will matter more than fresh allocations. Submarine orders may boost shipbuilders.
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Realty firm Embassy Developments on Tuesday said it will invest Rs 7,000 crore in the Mumbai market to build three new luxury housing projects and complete three ongoing projects as part of its strategy to expand its business amid strong consumer demand.
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Realty firm Lodha Developers Ltd will invest Rs 1.3 lakh crore to build a 2.5 gigawatt data centre park near Mumbai as part of its strategy to expand business.
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