Asian markets opened with caution. Investors await crucial US economic data. Uncertainty surrounds the US Federal Reserve’s next move. Japan and Australia saw slight dips. South Korea’s equities climbed. Bitcoin’s gains have largely vanished. Oil prices are down, while gold is up. This week promises significant market movements.
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.