Savings Effect
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As digitalisation weakens the “gravity model”, services trade is outpacing goods, with geography mattering less. India’s services exports hit a record $387.5 bn in FY25, but reliance on key markets and regulatory barriers remain risks as global dynamics shift.
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Eternal, the parent company of food delivery major Zomato, on Tuesday reported a 346 per cent rise in its consolidated net profit to ₹174 crore for the January-March 2026 quarter.
The company had reported a consolidated net profit of ₹39 crore in the same quarter last year.
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*Dalmia Bharat profit beats estimates; Sapphire Foods revenue up 11%; Leela Palaces Hotels Profit Up 46%; Eternal awaited shortly*
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The last PE fund on Mobikwik's cap table makes an exit after Tuesday's block deal
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These banks are likely to see an impact of RBI ECL norms on their CET-1, net worth
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