Prime Minister Modi’s calls for energy conservation highlight India’s external vulnerability and fiscal strain due to elevated oil prices. JPMorgan’s Sanjay Mookim notes this disruption’s prolonged nature, impacting corporate earnings and potentially dampening consumption and capex momentum, shifting market focus to defensives.
Canara Bank Q4 Results: PAT drops 10% YoY to Rs 4,506 crore; NII up 4%
Canara Bank reported a 10% YoY decline in Q4FY26 consolidated net profit to Rs 4,506 crore, while net interest income rose 4% to Rs 9,808