Indian crypto platforms are witnessing a surge in futures trading, fueled by lower taxes, high leverage, and regulatory ambiguity. Zerodha’s Nithin Kamath highlighted their rapid rise, with futures volumes far surpassing spot deals across exchanges.
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.