US equity-index futures are up as investors digest the Federal Reserve’s interest rate cut, despite lingering uncertainty about future policy. While the Fed delivered the expected cut, officials emphasized a meeting-by-meeting approach. The market anticipates further rate cuts this year, fueling continued interest in tech and AI stocks, even near record highs.
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