Tata Elxsi’s revenue and operating margins improved in the September quarter, but almost flat sequential profit leaves investors waiting for stronger evidence of a durable turnaround. Tata Elxsi’s share price has staged a partial recovery after sliding to a 52-week…
A controlled technical trial showed AI agents locating digital services, making sub-$2 micropayments and settling transactions automatically using tokenised bank deposits. HSBC and Ant Digital Technologies have completed a technical verification test that explored whether artificial intelligence agents could discover…
The Commerce Ministry is urging exporters to use tariff preferences in trade deals with the UK, UAE, Australia and EFTA markets to expand overseas sales of emerging and traditional jewellery. India is seeking to widen overseas sales of lab-grown diamonds,…
ICICI Bank’s standalone net profit rose to Rs 14,843 crore in the second quarter, while advances surged 30% and bad-loan ratios improved despite weaker margins. ICICI Bank reported a strong second quarter, with standalone net profit rising 20.1% from a…
Asset managers have suspended fresh investments in selected gold fund-of-funds ahead of Diwali, as surging gold ETF inflows raise concerns about import demand, dollar outflows and pressure on the rupee. India’s mutual fund houses have tightened curbs on gold investment…
Cosigners can be pursued for the full balance, suffer credit damage and find future borrowing harder, even when they are not the primary borrower. Cosigning a loan can feel like a favour, but in practice it can turn into a…
HDFC Bank’s second-quarter net profit rose 4.7% to ₹19,510 crore as stronger lending income was offset by weaker treasury gains, higher taxes and a continued decline in its net interest margin. HDFC Bank reported a subdued rise in second-quarter standalone…
India’s updated health insurance rules require insurers to take AYUSH treatment more seriously, but sub-limits, hospital eligibility and documentation can still determine how much policyholders receive. India’s health insurance rules now push insurers to treat AYUSH care more seriously, but…
Early deployments are shifting agentic payments from an AI concept towards tightly controlled workflows, with banks and fintechs developing permissions, verification and audit trails to keep humans in charge. Agentic payments are beginning to move from concept to practical use,…
Gold struggles to reclaim ₹1,48,000 while silver targets ₹2,00,000 as hotter US inflation, rising Treasury yields and a stronger dollar weigh on bullion. Precious metals came under renewed pressure last week, with both gold and silver extending losses after a…
