IndiGo shares give up half of Wednesday's gains after oil jump, HSBC target cut

IndiGo shares give up half of Wednesday’s gains after oil jump, HSBC target cut

Shares of InterGlobe Aviation Ltd., the parent company of IndiGo, opened 4% lower on Thursday, April 2, after the airline announced a revision in fuel surcharges effective the same day. The revised fuel charge structure is now distance-based, making short-haul travel cheaper while increasing costs for medium and long-haul routes. For domestic routes, fuel surcharges…

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Health insurance may become as important as roads and power in India’s 2047 growth story

Health insurance may become as important as roads and power in India’s 2047 growth story

As India eyes 2047, health insurance is emerging as critical infrastructure, with policy reforms, tech, and new products driving wider access and financial security. By 2047, India’s defining question may not be how fast it grows, but how securely it sustains that growth. As lifespans lengthen, careers extend, and aspirations rise, progress will increasingly be…

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Dhanlaxmi Bank Q4 Update: Advances grow nearly 25% but stock falls in-line with market

Dhanlaxmi Bank Q4 Update: Advances grow nearly 25% but stock falls in-line with market

Shares of Dhanlaxmi Bank Ltd. declined on Thursday, April 2, after the company reported its provisional update for the fourth quarter. The lender’s total business increased 19.68% to ₹33,733 crore from the previous year’s ₹28,219 crore. It also increased sequentially from ₹31,929 crore. Its total deposits were up 16.42% at ₹18,643 crore from ₹16,013 crore…

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