This past week witnessed severe turmoil in the global economy, driven by escalating trade tensions between the U.S. and China. Significant losses in U.S. stock markets, the highest tariffs in over a century, and rising recession fears characterized this pivotal period, prompting investors and policymakers to brace for further volatility.
Tamilnad Mercantile Bank Q1 profit jumps 35% on strong income growth
Tamilnad Mercantile Bank reported a 35% year-on-year rise in June quarter net profit to Rs 412 crore, driven by higher income and net interest income.