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INDIA BUSINESS | Sat, 25 Jul 2026, 7:18PM IST IDFC First Bank on Saturday reported its highest-ever quarterly profit after tax (PAT) of Rs 1,075 crore in April-June period of the current fiscal year, up 132.4 per cent from Rs 463 crore in the year-ago period. Total customer business increased to Rs 6,04,776 crore as of June 30, 2026 from Rs 5,10,031 crore as of June 30, 2025, a growth of 18.6 per cent, the bank said in a stock exchange filing. The bank further said its loans and advances increased to Rs 3,05,370 crore as of June 30, 2026 from Rs 2,53,233 crore as of June 30, 2025, a growth of 20.6 per cent. Gross NPA of the bank improved to 1.51 per cent as of June 30, 2026 from 1.97 per cent as of June 30, 2025. Net NPA, too, improved to 0.44 per cent from 0.55 per cent as of June 30, 2025. Net interest margin of the bank improved to 5.96 per cent during the quarter under review as against 5.71 per cent in the year-ago period. IDFC First Bank further said it has created a contingency provision of Rs 515 crore on a prudent ba

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INDIA BUSINESS | Sat, 25 Jul 2026, 7:08PM IST India's first hydrogen train began service between Jind and Sonipat. This indigenous train has traveled over 1200 kilometers, saving significant diesel fuel. The train generates electricity through a clean chemical reaction, emitting only water vapor. Multiple safety systems ensure secure operation, and trials on the Delhi route will commence soon. This initiative marks a milestone in India's commitment to sustainable transportation.

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INDIA BUSINESS | Sat, 25 Jul 2026, 6:58PM IST Ajay Seth says deceptive digital practices erode consumer trust and urges insurers to improve transparency, informed consent and customer-first design across online platforms

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INDIA MARKET | Sat, 25 Jul 2026, 6:50PM IST IDFC First Bank has reported 132.4% increase in net profit to Rs 1,075 crore on a 23.36% rise in operating income to Rs 8,282 crore in Q1 FY27 as compared with Q1 FY26.

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INDIA MARKET | Sat, 25 Jul 2026, 6:45PM IST The Trump administration on Friday unveiled fresh duties of between 10% and 12.5% on goods from 60 trading partners, including India

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INDIA MARKET | Sat, 25 Jul 2026, 6:35PM IST The announcement came after another round of talks between CJP representatives and Union ministers Jitendra Singh and J P Nadda at Vithalbhai Patel House

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INDIA MARKET | Sat, 25 Jul 2026, 6:32PM IST The final Section 301 measures offer India a more favorable outcome than initially anticipated.

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INDIA BUSINESS | Sat, 25 Jul 2026, 6:29PM IST Mercedes-Benz launched its AMG E 53 HYBRID 4MATIC+ model in India. The company sees strong demand for performance cars despite economic uncertainty. India's infrastructure is improving for electrified luxury vehicles. Hybrid technology offers performance benefits beyond just fuel efficiency. Mercedes-Benz continues its multi-pathway strategy for diverse powertrains.

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INDIA MARKET | Sat, 25 Jul 2026, 6:25PM IST Kuwait Petroleum Corporation signs $16 billion oil pipeline leaseback agreement

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INDIA MARKET | Sat, 25 Jul 2026, 6:04PM IST The first of four planned deepwater wells that will methodically assess one of India's most promising offshore basins is the MN-DWN18-1-HD appraisal well, which is being spudded in the Mahanadi Offshore Basin.

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INDIA MARKET | Sat, 25 Jul 2026, 6:03PM IST Sonam Wangchuk's forcible removal from Jantar Mantar by police to Safdarjung Hospital on July 18 had triggered widespread outrage.

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INDIA MARKET | Sat, 25 Jul 2026, 5:58PM IST CJP spokespersons meet JP Nadda.

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INDIA BUSINESS | Sat, 25 Jul 2026, 5:57PM IST The FSSAI has penalised Sopan Restaurant for selling sub-standard food. This action followed an analysis of milk samples from a train pantry car. The food analyst declared the sample sub-standard under the Food Safety and Standards Act. An adjudication order was passed after proceedings were initiated by the designated officer. This enforcement action was recently posted on social media platforms by the regulator.

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INDIA MARKET | Sat, 25 Jul 2026, 5:53PM IST A fan carries a cutout of Thalapathy Vijay during the theatrical release of his film Jana Nayagan Chennai on July 23.

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INDIA MARKET | Sat, 25 Jul 2026, 5:52PM IST The announcement came after another round of talks between CJP representatives and Union ministers Jitendra Singh and J P Nadda at Vithalbhai Patel House

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INDIA MARKET | Sat, 25 Jul 2026, 5:50PM IST Cyient has reported 90% increase in consolidated net profit to Rs 104.1 crore on a 7.7% rise in operating revenue to Rs 2,075.7 crore in Q1 FY27 as compared with Q4 FY26.

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INDIA MARKET | Sat, 25 Jul 2026, 5:49PM IST Jay Kisan Sangathan leader Amit Bhatnagar breaks his 18-day indefinite hunger strike after the district administration agreed to conduct a fresh verification of affected families in connection with the Ken-Betwa River Link Project in Chhatarpur, Madhya Pradesh, on July 23.

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INDIA BUSINESS | Sat, 25 Jul 2026, 5:37PM IST M P Birla Group firm Birla C orporation on Saturday reported an on-year decline of 3.2 per cent in consolidated net profit to Rs 115.73 crore in the June quarter of this fiscal year, due to subdued realisation from cement sales and escalation in power and fuel costs. Birla Corporation had posted a net profit of Rs 119.57 crore for the April-June period a year ago, the company said in a regulatory filing. However, Birla Corporation's revenue from operations was up 7.8 per cent to Rs 2,646.45 crore in the June quarter of FY'27. It was at Rs 2,454.22 crore in the corresponding period a year ago. During the quarter, cement prices remained under pressure: price hikes introduced in April-May had to be rolled back in June amid intense competition for market share, Birla Corporation said an earnings statement. Total expenses of Birla Corporation were at Rs 2,513.71 crore, up 8.87 per cent in the June quarter. Birla Corporation's revenue from the Cement business was up 7.4 per cent to Rs .

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INDIA MARKET | Sat, 25 Jul 2026, 5:31PM IST Lodha Developers reported 103.36% surge in consolidated net profit to Rs 1,372.1 crore in Q1 FY27, compared with Rs 674.7 crore in Q1 FY26.

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GLOBAL NEWS | Sat, 25 Jul 2026, 5:30PM IST After his sole heir died, Eddie Smith, the owner of Grady-White Boats, looked for a way to pass on his legacy. He was inspired by Patagonia to pledge future profits to charity.

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GLOBAL NEWS | Sat, 25 Jul 2026, 5:30PM IST As start-ups like Anthropic and OpenAI prepare to go public, nonprofits are hoping for a secondary giving windfall from the new tech ultrawealthy.

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INDIA MARKET | Sat, 25 Jul 2026, 5:21PM IST IDFC First Bank Q1 results.

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INDIA MARKET | Sat, 25 Jul 2026, 5:17PM IST Rahul Gandhi, accompanied by the students, intensified his criticism of the Central government and reiterated his call for Education Minister Dharmendra Pradhan to resign.

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INDIA MARKET | Sat, 25 Jul 2026, 5:16PM IST Physical attacks targeting cryptocurrency holders surged 33% globally in the first half of 2026, with losses soaring to $124 million. France emerged as the epicentre as criminals increasingly combined cyber intelligence, social engineering and violence to steal digital assets.

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INDIA MARKET | Sat, 25 Jul 2026, 5:14PM IST The Odyssey stars Matt Damon, Tom Holland, Zendaya, Anne Hathaway and Robert Pattinson

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INDIA MARKET | Sat, 25 Jul 2026, 5:02PM IST Platforms can build comparable safeguards for high-risk synthetic content: deepfakes that impersonate public figures.

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INDIA MARKET | Sat, 25 Jul 2026, 4:49PM IST Track Q1 FY27 earnings live as IDFC First Bank, AU Small Finance Bank, ZEN Technologies, Birla Corp, Vedant Fashions and 20+ firms announce June quarter results, guidance and key updates.

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INDIA MARKET | Sat, 25 Jul 2026, 4:44PM IST IDFC First Bank Q1 Results: IDFC FIRST Bank on Saturday reported its highest-ever quarterly profit after tax (PAT) of Rs 1,075 crore for the quarter ended June 30, 2026, marking a 132.4% year-on-year increase from Rs 463 crore in the corresponding quarter last year.

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INDIA BUSINESS | Sat, 25 Jul 2026, 4:43PM IST The lender's June-quarter profit was aided by strong growth in net interest income and lower provisions, although asset quality weakened sequentially

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INDIA MARKET | Sat, 25 Jul 2026, 4:42PM IST Indian National Congress President, and leader of opposition in the Rajya Sabha Mallikarjun Kharge called the resignation a victory for millions of youth, families of those who lost their children, and that of the truth.

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INDIA MARKET | Sat, 25 Jul 2026, 4:39PM IST Commuters gather outside gate no. 4 of the Mandi House metro station as it is being closed due to security reasons in New Delhi on July 22.

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INDIA NEWS | Sat, 25 Jul 2026, 4:29PM IST The Centre said 45% of India's exports to the US remain outside the new 10% Section 301 duty. India was placed in the lower tariff tier after USTR cut the proposed levy from 12.5%

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INDIA MARKET | Sat, 25 Jul 2026, 4:18PM IST Dharmendra Pradhan's resignation follows mounting pressure over the NEET paper leak, marking only the second ministerial exit during Narendra Modi's 12 years in office

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INDIA BUSINESS | Sat, 25 Jul 2026, 4:17PM IST ONGC began drilling its first deepwater exploratory well in the Mahanadi offshore basin. This ambitious campaign aims to tap India's vast hydrocarbon resources. The government has opened nearly one million square kilometers for exploration. Recent successes strengthen the outlook for offshore exploration efforts.

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INDIA NEWS | Sat, 25 Jul 2026, 4:17PM IST New Delhi, State-owned Oil and Natural Gas Corporation (ONGC) on Saturday commenced drilling its first deepwater exploratory well in the Mahanadi offshore basin, marking the start of an ambitious campaign to tap India's deep and ultra-deepwater hydrocarbon resources.ONGC spudded exploratory well, MN-DW18-1-H-D under the government's Samudra Manthan mission, the firm said in a statement.The well is being drilled around 23 nautical miles from the Konark discovery off the Odisha coast, building on ONGC's recent Utkal and Konark discoveries that have strengthened the hydrocarbon prospectivity of the Mahanadi Offshore Basin.The drilling campaign forms part of the push to accelerate exploration of India's offshore oil and gas reserves. In his Independence Day address on August 15, 2025, Prime Minister Narendra Modi had called for harnessing the country's untapped offshore hydrocarbon potential.In line with that vision, the government has opened nearly one million square kilometres of previously restricted offshore areas for exploration, paving the way for fresh acreage to be offered under upcoming rounds of the Open Acreage Licensing Policy (OALP).India's eastern and western offshore basins, extending to water depths of up to 3,000 metres, are estimated to hold more than 5,600 million metric tonnes of oil equivalent (MMTOE) of hydrocarbon resources.Recent exploration successes in the Cauvery, Mahanadi and Andaman basins have further strengthened the outlook for offshore exploration, according to the statement.To support the deepwater exploration programme, ONGC in January this year launched its flagship Deepwater Exploration Mission Centre, DeepX, in Mumbai. The centre integrates the company's geoscientific expertise, advanced interpretation capabilities, specialised training and global collaborations under its "One Company, One Data" philosophy.The company said the commencement of drilling marks the beginning of one of India's most challenging deepwater exploration campaigns, aimed at boosting domestic oil and gas production, reducing import dependence and strengthening the country's energy security."The commencement of drilling marks the beginning of one of India's most challenging deepwater exploration campaigns. Every prospect evaluated, well drilled and discovery made will contribute towards enhancing domestic production, reducing import dependence and strengthening India's energy security and self-reliance," the statement said.

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