The agentic economy is rapidly evolving, with new stablecoins, platforms, and partnerships emerging. Learn about Circle’s USDC, Open USD, and Visa’s new platform, and how they’re shaping the future of commerce and finance.
Bank stocks witnessed a significant decline in market value, with HDFC Bank, Axis Bank, and Kotak Mahindra Bank losing approximately Rs 91,000 crore. The decline was largely due to the squeeze on net interest margins, but analysts point to corporate lending acceleration and subdued retail credit as key factors.
Trent’s Westside aims to open 100 new stores annually, doubling its current pace, and increase its e-commerce share of total revenue to 10%. The company’s strategy is to give Westside a ‘fashion spin’ and make it desirable for impulsive shopping.
Punjab National Bank’s FCNR(B) scheme is gaining momentum, with the bank targeting a mop-up of $2.5 billion from Foreign Currency Non-Resident Bank deposits. However, the bank is keeping a close eye on the monsoon, which may impact agriculture and the bank’s books.
Gold and silver prices are expected to remain under pressure due to the escalating US-Iran conflict, elevated crude oil prices, and key global economic data releases. Investors will closely track these developments for fresh cues.
The National Company Law Appellate Tribunal (NCLAT) has upheld the sale of Sristi Hospitality to a consortium led by Amit Jatia of Hardcastle Restaurants, dismissing appeals against the valuation of the asset and refusing to review its valuation.
The Indian stock market experienced a significant surge ahead of the weekend, driven by strong momentum in large-cap stocks, particularly in the IT and banking sectors. With the Sensex closing at 78,151 and the Nifty 50 ending at 24,334, investors are advised to consider investing in large-cap stocks that offer a better risk-reward profile.
As taxpayers file their ITR for Assessment Year (AY) 2026-27, it’s essential to disclose details of all bank accounts held in India during the financial year 2025-26. Failing to do so may lead to incomplete reporting and could create issues if the Income Tax Department seeks clarification later.
The Indian equity markets ended the week on a firm footing, extending their recovery despite heightened geopolitical tensions, elevated crude oil prices, and persistent uncertainty surrounding the global interest-rate outlook. Tata Consultancy Services emerged as the biggest winner with nearly 10% of weekly gains.
Get ready for significant market movements as over 256 companies announce their Q1 earnings this week. Market sentiment remains positive with encouraging business updates and a healthy earnings season expected. Learn more about the key companies and market outlook.
