Bitcoin surged to its highest point since early February. This rise followed positive comments from the US and Iran, sparking hope for a Middle East conflict resolution. Other digital assets also saw gains. Equities climbed as Iran declared the Strait of Hormuz open for commercial traffic. This development encouraged traders to embrace riskier assets.Read More
Bank of Maharashtra announced a strong net profit of ₹2,014 crore for the fourth quarter of FY26. This represents a significant 35% jump from the previous year. The bank saw robust loan growth, particularly in retail, agriculture, and MSME sectors. Net interest income also rose considerably. Looking ahead, the bank anticipates continued credit and deposit...Read More
Gold ETFs witnessed a record surge in net inflows of ₹68,867 crore in FY26, driven by geopolitical risks and stock market volatility. This exceptional growth, a 364% year-on-year jump, saw gold ETFs capture nearly 10% of total mutual fund inflows, significantly outperforming other categories like equity and debt.Read More
ICICI Bank shares saw a rise on Monday, while HDFC Bank shares experienced a fall. This happened even as both banks reported fourth-quarter earnings that met expectations. Analysts remain positive on both lenders. Investor positioning appears to be driving this divergence in stock performance. Target prices show potential upside for both banks.Read More
Reserve Bank of India Governor Sanjay Malhotra addressed global challenges at Princeton University, stressing upon agile monetary policy to counter supply shocks from West Asia. The focus is on preventing inflation from becoming persistent. Prudent fiscal management and domestic production also play key roles, he said.Read More
U.S. stocks edged lower as renewed U.S.-Iran tensions cast doubt on a ceasefire, despite Iran considering peace talks. Oil prices surged as the Strait of Hormuz was intermittently closed. Investors are now assessing the impact of these geopolitical events on corporate earnings and the broader economy.Read More
U.S. securities regulators proposed reforms to private fund disclosure rules, aiming to reduce burdens on smaller firms while still collecting essential data. The changes would significantly raise asset thresholds for mandatory reporting, a move criticized by some for potentially increasing industry opacity. The proposal seeks to balance risk management with regulatory relief.Read More
Kevin Warsh, Donald Trump’s nominee for Federal Reserve Chair, will assure lawmakers of his commitment to monetary policy independence. He also plans to address non-monetary Fed functions and push for reforms, arguing the institution must “stay in its lane” and prioritize price stability to maintain its independence.Read More
U.S. power startup Fermi’s shares plummeted 23% after CEO Toby Neugebauer and CFO Miles Everson abruptly departed. Short seller Fuzzy Panda Research alleged fraudulent transfers by Neugebauer and other executives. Despite leadership changes, the company reiterated its operational plan for “Project Matador,” an AI-focused electricity generation site.Read More
Honeywell is selling its productivity solutions and services unit to Brady for $1.4 billion in an all-cash deal. This move aims to streamline Honeywell’s business footprint as it prepares to split into separate aerospace, automation, and advanced materials units. The divestiture is expected to be completed in the second half of 2026.Read More
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