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Key earnings day across sectors. Axis Bank reported a 4% YoY decline in net profit to ₹5,806 crore, missing estimates, while CEAT saw profit drop 27.7% despite strong revenue growth. In contrast, LTIMindtree and Indian Hotels delivered robust numbers with profits up 11.2% QoQ and 19.5% YoY, respectively. Wipro posted flat revenue but beat EBIT…
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Samsung has launched the Galaxy F36 5G in India, priced under Rs. 20,000. It features an Exynos 1380 chip, a 50-megapixel triple rear camera, a leather-textured back, and a 5,000mAh battery. AI features like Circle to Search and Gemini Live are also included. Source
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Split Fiction, which was published under the EA Originals label, has been a hit for Electronic Arts, as well. In its Q4 earnings call, EA said it finished FY 2025 strong, thanks to EA Sports FC and Split Fiction, which had a “hugely successful” launch in March. Source
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Sujith S S, Founder of MoneyDhan.com, simplifies stock valuations using a real estate analogy in a viral LinkedIn post, sparking praise and criticism. Source
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Rupee weakens against dollar due to fund outflows, oil prices, and equity market decline, but greenback weakness limits depreciation. Source
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India Business News: NEW DELHI: Non-fossil fuel sources now make up half of power generation capacity, a milestone the country has achieved five years ahead of the target . Source
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The move, effective July 17, takes the total number of participating Indian banks to 19, significantly broadening the reach of the service aimed at easing cross-border remittances for individuals, including migrant workers and students in Singapore. Source
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Misbah Baxamusa, CEO of NJ Wealth, echoed this view and highlighted the valuable lesson such incidents offer. He pointed out that SEBI has repeatedly published data showing significant losses incurred by individual F&O traders. Source
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Pakistan Army Chief Gen Asim Munir’s next steps, over the next 24-48 hours, hold the key. How Rawalpindi views the strikes deep into Pakistan — four of the nine were in Pakistan’s cities, including Muridke, Bahawalpur and Sialkot — could very well shape the next steps. Source
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