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Banking stocks lift markets for sixth day; Sensex, Nifty at 4-month highs

IIFL Capital estimated that these measures could boost banks' net interest margin between 1 basis point and 18 basis points and add about 1-4 per cent to net profit

Tata Communications Q4 results: Profit up 15% on data services demand

The firm's consolidated pre-tax profit for the January-to-March quarter rose to Rs 336 cr from Rs 292 cr a year earlier

IndusInd Bank says conducting internal review of microfinance business

IndusInd's shares, which have fallen 13% since the derivative accounting lapse was disclosed, closed 5% lower on Tuesday

6 PSUs seek govt nod to issue deep-discount bonds, long-tenor debt

These companies are Indian Railway Finance Corp (IRFC) , Indian Renewable Energy Development Agency (IREDA) , Power Grid Corp of India (PGC), REC, SIDBI and NABARD

Net $1.6 billion sold in spot FX market in February: RBI bulletin

The RBI said it purchased $45.03 billion and sold $46.6 billion. In January, the central bank had sold a net of $11.1 billion in the spot market

Trump looking to cut US drug prices to international levels: Report

The first source said he had been told directly by government health officials that they were exploring such a policy, which he described as a mid-level priority for the Trump administration

Oil prices rebound on short-covering amid ongoing tariff concerns

The Brent and WTI benchmarks dropped more than 2 per cent on Monday, as signs of progress in nuclear deal talks between the US and Iran helped to ease supply concerns

India's small steel mills pause job cuts after China import curbs

India, the world's second-biggest producer of crude steel, imposed a 12% temporary tariff, or provisional safeguard duty, on some steel imports for 200 days

Russian oil drives Opec share in India's imports to record low, data shows

Import of Russian oil rose 7.3 per cent to 1.76 million bpd, raising its share marginally to 36 per cent while OPEC's share slipped slightly to 48.5 per cent, the data showed

RBI's new liquidity norm to free up $35 bn, likely boosting credit growth

India's banking system, which has an estimated HQLA of almost ₹45 trillion to ₹50 trillion, could have an additional ₹2.7 trillion to ₹3 trillion in lendable resources

Trump's Fed criticism rattles markets; US stocks dip, dollar hits 3-yr low

Safe-haven gold prices hit another record high, while the Swiss franc also rose. Benchmark US Treasury yields edged higher

Trump warns of economic slowdown unless US Fed cuts interest rates

U.S. stocks slid further after the president's social media post. The benchmark S&P 500 Index was down 2% on the day

US had very good talks with Iran after second nuclear round, says Trump

US President Donald Trump said on Monday (April 21) the United States had very good talks with Iran

Oil declines nearly 3% on signs of progress in US-Iran talks, demand fears

Brent crude futures were down $1.84, or 2.7%, at $66.12 a barrel by 10:48 a.m. EDT (1448 GMT), after closing up 3.2% on Thursday

RBI directs banks to increase run-off rates for digital deposits

The net impact of these measures will improve banks' liquidity coverage ratio as on December-end by around 6 percentage points, the Reserve Bank of India said in a release

Mahindra Logistics Q4 results: Loss narrows to Rs 6.75 cr; expenses up 7.4%

Revenue from its mainstay contract logistics business, meanwhile, rose 9% year-on-year

India to impose 12% temporary tariff on steel to curb cheap China imports

The government would enact the tax as soon as possible, the source, who did not wish to be named, told Reuters on Monday

LG, Samsung join legal fight against India's e-waste pricing policy

Research firm Redseer said India's recycling rates were still low compared with the U.S., where they are up to five times higher, and China, where they at least 1.5 times higher

BOJ likely to keep rate-hike signal intact despite Trump tariff risks

The assessment, to be included in its quarterly outlook report due on May 1, will underscore the BOJ's desire to keep alive market expectations of further interest rate hikes

China's US envoy urges end to trade war, but warns Beijing ready to fight

Xie said tariffs would devastate the global economy and drew a parallel between the Great Depression