India’s stock market value has crossed the $5 trillion mark. This surge has placed India back in the sixth position globally. The rebound follows a peace deal between the US and Iran. This development has boosted investor confidence. India’s market capitalization now stands at over $5 trillion. This is an increase from its previous value.
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.