India processed 77.6 crore digital payment transactions every day in 2025, with annual volumes crossing ₹26,800 crore, according to RBI data. UPI continued to dominate everyday spending, accounting for over 85% of transactions by volume, while debit card usage dropped sharply despite rising card issuance. Credit cards, meanwhile, saw strong growth led by private banks,…
PNC Infratech reported a 42.9% year-on-year rise in consolidated net profit for the fourth quarter ended March 31, 2026, at ₹108 crore compared with ₹75.5 crore a year ago. As per exchange fillings, revenue from operations declined 5.1% to ₹1,617 crore in the quarter against ₹1,704 crore in the corresponding period last year. EBITDA fell…
Hatsun Agro Product Ltd reported a steady March quarter performance on May 19, with revenue and profit registering double-digit growth despite moderation in operating margins. Net profit for the quarter rose 18.3% year-on-year to ₹51 crore from ₹43 crore in the corresponding period last year. Revenue increased 14.9% to ₹2,577.6 crore from ₹2,242.9 crore, supported…
Commodity strategist Ole Hansen believes gold prices could revisit record highs in the coming months, while crude oil may settle into a structurally higher trading range even if tensions in West Asia ease. Speaking to CNBC-TV18, Hansen, Head of Commodity Strategy at Saxo Bank, said the global oil market remains tight as the West Asia…
Textile and paper manufacturer Trident Ltd reported a 23.5% year-on-year decline in fourth-quarter net profit, weighed down by weaker revenue, even as operating margins improved during the quarter. The company posted a net profit of ₹102 crore for the quarter ended March 31, compared with ₹133.2 crore in the year-ago period, according to the exchange…
Godawari Power & Ispat Ltd (GPIL) reported a strong set of fourth-quarter earnings, driven by robust operating performance and significant margin expansion. Net profit for the March quarter rose 26.6% year-on-year to ₹280 crore from ₹221.3 crore in the corresponding period last year. Revenue increased 9.7% to ₹1,610.3 crore from ₹1,468 crore. EBITDA surged 37.9%…
State-owned Bharat Petroleum Corporation Ltd (BPCL) reported a mixed set of fourth-quarter earnings on May 19, with operating performance beating Street expectations even as profit remained under pressure due to a large exceptional impairment charge. Net profit for the March quarter came in at ₹3,192 crore, below the CNBC-TV18 poll estimate of ₹3,610 crore. Revenue…
Nifty Prediction today, May 20 by experts: Going into Wednesday’s trading session, technical analysts warn that the short-term outlook leans toward continued consolidation or further correction, driven by the bulls’ persistent inability to conquer key overhead resistance levels. Nifty Prediction Today, May 20: Domestic equity markets ended with marginal losses on Tuesday as investor sentiment…
It is very difficult to give a direction on the Nifty. It is in no man’s land, or in a “neither here, nor there” zone. Yes, there is support emerging at lower levels, but there is no conviction at higher levels as well. The market currently finds itself in a banks Vs IT battle. The…
Sun Pharma Advanced Research Company on Tuesday said its licensing partner Ocuvex Therapeutics Inc. has received a Complete Response Letter (CRL) from the US Food and Drug Administration (USFDA) for the New Drug Application (NDA) of PDP-716. The company disclosed the development in an exchange filing under Regulation 30 of the SEBI (Listing Obligations and…
