Arvind Sanger of Geosphere Capital Management suggests a trade deal with the U.S. would benefit India by reducing market uncertainty and promoting economic competitiveness. While U.S. tariffs create short-term market volatility, Trump aims to secure deals, potentially delaying implementation. Ultimately, India’s market performance hinges more on economic fundamentals and corporate earnings than tariff-related news.
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.