Asian markets opened lower Tuesday. President Donald Trump’s tariff threats regarding Greenland have reignited trade tensions. This has impacted investor confidence. European shares fell significantly on Monday. US markets were closed. Investors are watching for the European Union’s response to potential US tariffs. The situation adds to existing market nervousness.
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.