Archive · 2 Jun 2025
IndusInd Bank Reports Loss, IndiGo Profit, India-US Trade Talks Continue
India and the US are discussing a trade deal, aiming for tariff exemptions.
IndusInd Bank reported a loss, its first in 20 years, while IndiGo had a profitable quarter and declared a dividend.
Elon Musk said Tesla and xAI will continue buying AI chips.
Household savings in India are increasing, and a Kannada book won the International Booker Prize.
IndusInd Bank reported a net loss of ₹2,328 crore.
IndiGo announced a dividend of ₹10 per share after a profitable quarter.
India and the US are negotiating an Early Harvest Deal.
Elon Musk stated Tesla and xAI will continue buying chips from Nvidia and AMD.
Banu Mushtaq's Kannada short story collection won the International Booker Prize.
- Who
- India, USA, IndusInd Bank, IndiGo, Elon Musk, and Banu Mushtaq.
- What
- Trade talks, financial results, and an award for literature.
- When
- Recent period ending May 21st.
- Where
- India, USA, and global.
- Why
- Negotiations on trade deals, financial performance of companies, and recognition of literature.
- IndusInd Bank Q4 Loss
- ₹2,328 crore
- IndiGo Q4 Net Profit
- ₹3,067.5 crore
- IndiGo Dividend
- ₹10 per share
- Household Savings Rise
- FY24
- India-US Trade Talks
- Early Harvest Deal
- Early Harvest Deal Deadline
- July 9
- International Booker Prize Winner
- Banu Mushtaq
Sources
Rupee falls 16 Paise to 85.58 against US Dollar weighed by global yield concerns, foreign outflows
Indian bourses dip 1% on rising COVID cases in South Asian countries
Stock market today: Nifty50 ends above 24,800; BSE Sensex jumps over 400 points
Can Sensex hit 1,00,000 in 12 months? Here's what Morgan Stanley says
Rupee's inert reaction to dollar drop confuses bankers; outflows flagged
When will Sensex hit the 1 lakh mark? Morgan Stanley has a new target
India’s economy resilient to Trump tariff uncertainty & Pakistan tensions: Moody’s Ratings
Rupee falls 1 paisa to close at 85.59 against U.S. dollar
Indian stocks open higher amid weak global cues, Nifty above 24,700
Sensex ends 410 points higher; Nifty above 24,800; Bajaj Finserv gains 2%
India well-positioned to deal with negative effects of US tariffs: Moody's
Indian rupee lags behind Asian peers as foreign banks' dollar bids weigh
Rupee falls 9 paise to 85.67 against U.S. dollar in early trade
Markets bounce back on buying in bank stocks; Sensex jumps over 800 points
Stock markets snap 3-day decline on buying in banking shares; sensex jumps 410 points
Rupee slips by 1 paisa to close at 85.59 against US dollar amid oil price surge, importer demand
Top stories: Markets slide 1%, India-US trade talks intensify, Krugman warns on Trump’s policies and more
Top 10@10 | IndusInd's first loss in 20 yrs, India-US trade talks, Musk's Nvidia chip purchases & more
