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Italian corporate bank lending in May posts fastest growth since September 2022
Italian bank loans to companies increased at their fastest pace since September 2022. Deposits held by residents at Italian banks grew annually, showing a slight decrease from April. Bond fundraising also saw a yearly increase, though it was down from the previous month. These figures reflect the financial activities of Italian banks during the specified period. The data provides insight into recent lending and deposit trends within Italy.
India to remain among world's fastest-growing major economy, says IMF
India remains among the fastest growing major economies, with growth projected at 6.4 percent in fiscal year 2027, a tad slower than the 6.5 per cent projected in April, supported by strong momentum in private consumption and services activity, IMF noted in its latest update. IMFs flagship biannual report, the World Economic Outlook Update said that the projected performance of Indian economy is supported by strong momentum in private consumption and services activity. The IMF, in its update projected India to grow at 6.7 per cent in fiscal year 2028, an increase of 20 basis points from the 6.5 per cent growth projected in April.
India Retains IMF Tag As Fastest-Growing Major Economy, Set To Outpace China, US By Wide Margin
India's economy is projected to expand at more than double the pace of China and nearly three times that of the United States in FY26, as the country's growth engine withstands the twin shocks of the Middle East war and the global technology cycle, the International Monetary Fund said.
TCS, Infosys crash up to 55%: Why India's largest mutual fund scheme is still buying
India's largest mutual fund scheme is buying more shares of TCS and Infosys. This buying occurs even as these IT stocks experience significant market value losses. The fund manager's conviction rests on current cash flows rather than future AI narratives. While AI disruption pressures revenue, it also creates new technology spending opportunities. The sector is no longer considered expensive, but earnings visibility remains a concern.
Private life insurers outpace LIC in new business premium growth
Life insurers saw a 16.6% rise in new business premium during the April-June quarter. Private sector firms expanded faster than LIC, driven by regular premium products. Regular premium collections grew nearly twenty percent year-on-year, while single premium business increased. SBI Life Insurance emerged as the fastest-growing player among listed companies. Private insurers continue gaining market share while LIC retains its dominant position.
Private life insurers outpace LIC in new business premium growth
Life insurers saw a 16.6% rise in new business premium during the April-June quarter. Private sector firms expanded faster than LIC, driven by regular premium products. Regular premium collections grew nearly twenty percent year-on-year, while single premium business increased. SBI Life Insurance emerged as the fastest-growing player among listed companies. Private insurers continue gaining market share while LIC retains its dominant position.
India's mutual fund industry just beat FIIs in a historic first. Here's what changed
India's mutual fund industry has overtaken foreign institutional investors in total assets under custody for the first time, marking a historic shift in market ownership. Strong SIP inflows and sustained domestic participation have driven the milestone, even as FII holdings declined amid continued selling and changing global investment trends.
10 microcap stocks rally up to 430% in CY26; 5 turn multibaggers: Here’s FII and MF exposure
Microcap stocks delivered stellar CY26 gains, with several companies rallying over 50%. Sterlite Technologies, MTAR Technologies and others emerged as multibaggers, attracting significant FII and mutual fund interest.
Multibagger Cupid shares rally 19% in 6 days after Q1 update, skyrocket 940% in one year. What lies ahead?
Cupid shares climbed significantly after a positive business update for the April-June quarter. The company raised its FY27 revenue guidance to over Rs 660 crore. This upward revision reflects strong performance and expanding global opportunities. Cupid's management highlighted diversification and growth across multiple business verticals. The company also noted steady progress in its In Vitro Diagnostics business segment.
Are bluechip stocks cheap and safe to invest in now? Radhika Gupta explains why the answer isn't so simple
Edelweiss Mutual Fund MD & CEO Radhika Gupta says investors should move beyond the belief that large-cap stocks are inherently safer, arguing India's evolving economy favours bottom-up investing across market caps. She remains optimistic about domestic inflows, advocates diversified portfolios with global exposure, and expects double-digit equity returns, while cautioning against relying on outdated market narratives.
A sluggish start has cement makers banking on H2 recovery: Report
India's cement sector anticipates sluggish volume growth in the first half of fiscal year twenty twenty-seven. Rising input costs and weak demand will likely pressure cement prices throughout this period. April twenty twenty-six price increases are not expected to fully offset profitability declines for companies. Fresh supply additions during fiscal years twenty twenty-seven and twenty twenty-eight will also keep prices subdued.
Indian airlines flew 1.53 crore domestic passengers in May: DGCA data
In May, Indian airlines welcomed more than 1.53 crore domestic travelers, marking an impressive growth of over eleven percent from April. IndiGo continued to dominate the market share, while Air India Group also saw a rise. IndiGo's on-time performance outshone its competitors, including Akasa Air and Air India, although numerous flights faced cancellations and delays, affecting many passengers.