Indian stock market settles flat ahead of key US-Russia summit

IANS | August 14, 2025 4:06 PM

Mumbai, Aug 14 (IANS) The Indian stock market settled flat on Thursday amid a mixed approach as investors remained cautious ahead of the crucial dialogue between US President Donald Trump and his Russian counterpart Vladimir Putin, scheduled for August 15.

IOCL's Q1 net profit surges 83 pc to Rs 6,808 crore

IANS | August 14, 2025 3:57 PM

Mumbai, Aug 14 (IANS) Maharatna public sector company Indian Oil Corporation Limited (IOCL) on Thursday posted an 83 per cent year-on-year (YoY) jump in consolidated net profit for the April–June quarter (Q1) of FY26.

RBI may cut repo rate if GDP further declines: Report

IANS | August 14, 2025 3:31 PM

New Delhi, Aug 14 (IANS) The Reserve Bank of India’s Monetary Policy Committee (MPC) could consider further policy rate cuts if upcoming GDP data falls short of expectations and the US Federal Reserve begins aggressive easing in response to a weaker labour market, a report said on Thursday.

Battery maker Amara Raja’s Q1 profit drops 34 pc to Rs 165 crore

IANS | August 14, 2025 3:11 PM

Mumbai, Aug 14 (IANS) Amara Raja Energy and Mobility Limited on Thursday reported a 34 per cent drop in its consolidated net profit for the April–June quarter (Q1 FY26), as profit after tax (PAT) stood at Rs 165 crore, compared to Rs 249 crore in the same period previous fiscal (Q1 FY25).

HDFC Bank says no raise in average minimum balance for saving accounts

IANS | August 14, 2025 2:20 PM

New Delhi, Aug 14 (IANS) HDFC Bank on Wednesday clarified that the bank has not raised the Average Monthly Balance (AMB) for savings accounts, denying reports suggesting that new account holders in metro or urban branches would need to maintain an average AMB of Rs 25,000.