Platinum is emerging as a top performer in 2025, with prices soaring nearly 57% year-to-date. A significant market deficit, driven by declining mine output in South Africa and robust demand from the automotive and jewelry sectors, fuels this rally. Chinese and Indian buyers are increasingly favoring platinum over gold, further boosting demand.
IDBI Bank Q2 results: Net profit tanks 39% YoY to Rs 2,205 crore; NII dips 49% YoY
IDBI Bank reported a 39% year-on-year profit decline to Rs 2,205 crore in Q2 FY27, impacted by a one-off gain in the previous year. Excluding