New U.S. tariffs, driven by geopolitical concerns over India’s oil imports from Russia, may slow growth but paradoxically benefit bond investors. However, fiscal pressures and supply-demand imbalances are currently pushing yields higher. Despite near-term volatility, current levels offer potential investment opportunities, especially if GDP growth remains moderate and inflation stays near target.
Axis Bank Q2 profit up 38% on loan growth
Axis Bank has showcased impressive results with a 38% surge in net profit for the quarter ending in September. This significant growth stems from strong