Latest Updates Around The World
Gold loan company Muthoot Finance has again revised upward its annual growth forecast for FY26 to 44-45%, from an earlier revised expectation of 30-35%, managing director George Alexander Muthoot told ET. He said the rise in demand along with regulatory comfort for the gold loan sector has paved the way for greater business traction.The company […]
Muthoot Microfin’s net profit in the third quarter rose more than 16 times to Rs 62.4 crore compared to Rs 3.8 crore in the same period last year, helped by a decline in provisions to cover bad loans.Credit costs for the quarter were 3.3%, well below the 4-6% guidance for the fiscal year. Provisions in […]
Indian shares may have regained the 26,000-point mark on the Nifty, but maintaining this level will depend heavily on global signals – especially a possible US-India trade deal – according to market expert Sudip Bandyopadhyay. Speaking to ET Now, he said the recent upturn is encouraging but far from a decisive breakthrough.“In the near future, […]
India’s subdued market phase may be coming to an end, with the next one to three years likely to be driven by a strong earnings rebound, said Aditya Sood, portfolio manager at InCred Asset Management. Over the past 15 to 16 months, we have seen flat market returns and corrections in small and midcaps, but […]
