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Bajaj Finance reported a robust consolidated net profit of ₹5,464.6 crore for Q4FY26, a 22% year-on-year increase driven by a 20% rise in net interest income and 22% AUM growth. In a separate announcement, Rajiv Bajaj will step down from the company's board after the annual general meeting on July 30.
Indian stock markets saw a strong rise on Wednesday. The Nifty and Sensex gained 0.8 percent each. This surge was fueled by positive earnings from major companies. Peace in West Asia also contributed to the market's upward movement. Despite high crude oil prices, investors showed confidence. Markets are expected to consolidate in the coming days.
The Indian rupee hit a record closing low of 94.85 against the US dollar on Wednesday. High oil prices and consistent dollar demand pressured the currency. The Reserve Bank of India intervened to support the rupee. Analysts expect continued volatility driven by crude oil prices and capital flows. The rupee is facing selling pressure at stronger levels.
MI vs SRH, IPL 2026: Fans witnessed pure entertainment as both teams traded blows in one of the season’s most memorable clashes. SRH’s clinical chase has set a new benchmark for aggressive cricket at the Wankhede Stadium.
US Central Command has asked to send the Army’s long-delayed Dark Eagle hypersonic missile to the Middle East for possible use against Iran, seeking a longer-range system to hit ballistic-missile launchers deep inside the country.
A 27-year-old woman in Wisconsin has been charged with first-degree intentional homicide after allegedly stabbing her boyfriend during an argument over whether to cook at home or go out.
During a formal reception welcoming King Charles, Trump reflected on his parents’ long marriage, noting they had been together for 63 years. Turning to first lady Melania Trump, he added: “That’s a record we won’t be able to match, darling, I’m sorry. Just not going to work out that way.”
Alphabet's cloud unit revenue surged 63% to $20 billion, exceeding estimates and driven by strong enterprise spending on AI infrastructure. The company's overall revenue also beat expectations, with its cloud backlog nearly doubling. This performance highlights Alphabet's significant gains in the competitive AI market, bolstered by its Gemini models and a key partnership with Apple.
Microsoft's cloud revenue saw a jump in the March quarter. Spending on infrastructure was lower than anticipated. This performance aims to reassure investors about the company's significant artificial intelligence investments. Microsoft is expanding its AI offerings, including partnerships, to maintain its competitive edge in the cloud market. This comes as major tech firms invest heavily in AI infrastructure.
Meta Platforms is significantly increasing its capital expenditure forecast to between $125 billion and $145 billion by 2026, doubling down on AI infrastructure investments despite planned layoffs. The Facebook-parent's user base continues to grow, with daily active people reaching 3.56 billion.
Amazon Web Services (AWS) surpassed Wall Street's cloud revenue expectations, driven by increased enterprise spending on AI adoption. Despite strong cloud performance and significant AI partnerships, the company's stock dipped after projecting current-quarter operating income below estimates. Amazon is investing heavily in AI infrastructure, aiming to monetize these expenditures in the coming years.
Wall Street saw mixed trading as investors weighed rising crude prices, the Federal Reserve's decision to hold interest rates steady amid a divided vote, and upcoming earnings from tech giants. Geopolitical tensions in the Middle East fueled oil price spikes, raising inflation concerns. Investors also anticipated earnings reports from Amazon, Alphabet, Meta, and Microsoft.
Federal Reserve Chair Jerome Powell emphasized the critical need for the Fed to operate free from political influence to effectively serve the American people. He congratulated his likely successor, Kevin Warsh, on advancing through the Senate Banking Committee.
Mumbai Indians are struggling at the bottom half of the IPL 2026 points table with just two wins from eight games. MI skipper Hardik Pandya addressed the need to keep the crowd entertained.
Speaking to reporters ahead of a 9/11 memorial event in New York City, Mamdani outlined what he would say if he had a private moment with the monarch: “You know, if I was to speak to the king separately from that, I would probably encourage him to return the Koh-i-Noor diamond.”
King Charles III and Queen Camilla began their New York City visit with a tribute at the 9/11 Memorial, meeting victims’ families and dignitaries. The trip includes charity events, cultural visits, and meetings with leaders during their four-day US tour marking 250 years of American independence.
This Chinese proverb underscores a simple but powerful truth: meaningful change — whether success or failure — is rarely sudden. It is the result of consistent, repeated actions over time.
According to the filing by the United States Department of Justice, Allen used his cellphone at approximately 8:03 p.m. to photograph himself in a mirror inside his hotel room before the attack unfolded.
The Federal Reserve held interest rates steady for the third time, citing global risks like rising energy prices and supply disruptions. Policymakers are balancing inflation concerns with the potential impact of aggressive hikes on economic growth. This pause offers near-term stability for Indian markets, though elevated crude oil prices remain a significant worry.
Former Afghanistan pacer Shapoor Zadran is currently admitted at a New Delhi hospital and is undergoing treatment for Hemophagocytic Lymphohistiocytosis (HLH) - a rare and life-threatening immune disorder.
