FM must rethink – The Economic Times

Mumbai: Mid- and small-cap companies delivered strong earnings performance in the June quarter, posting their sharpest revenue growth in 16 quarters, shrugging off the impact of rising commodity prices, mainly oil, amid West Asia conflict. Of the sample of 113 companies in the Nifty MidCap 150 index, aggregate revenue in April-June climbed 20%, its biggest…

Oil prices climbed more than 4% to their highest in more than a month on Friday after the U.S. and Iran stepped up attacks across the Gulf, with shipping threatened by a potential Red Sea closure on top of the restricted traffic through the Strait of Hormuz. Brent crude futures settled $3.87, or 4.59%, higher…

The gold jewellery industry entered FY27 facing a four-pronged challenge. Soaring oil prices, rising inflation concerns and renewed expectations of higher interest rates amid the West Asia crisis coincided with the once-in-three-years Adhik Maas period, which typically dampens wedding-related jewellery demand. At the same time, Prime Minister Narendra Modi urged citizens to curb gold purchases…

Mumbai, State-owned Union Bank of India on Wednesday reported a 27.5 per cent jump in its consolidated net profit to Rs 5,641.52 crore for the June quarter of the current fiscal on the back of better margins, improved asset quality and higher interest income. In the year-ago period, the bank’s net profit stood at Rs…

Some credit card users who rely on autopay say they have found their payment settings switched to the minimum due without their knowledge. Here’s what your credit card isn’t telling you.

Start with what the order gets right. Its enforcement measures—camera-integrated challans and a pilot linking fuel access to valid insurance—target the mechanism of non-compliance directly. These deserve support and, ideally, faster rollout. The tenure extension is a separate question, and worth examining on its own terms.