Asian Paints is poised for a steady December quarter performance, with volume growth expected to improve. While margins are set to expand due to lower raw material costs, revenue growth will be moderated by weak pricing and a challenging demand environment. The B2B segment is anticipated to provide support.
UAE President's surprise India visit coincides with Abu Dhabi shelving plans for Islamabad International Airport, signaling a shift in regional alliances. This move follows deepening UAE-India defense ties, contrasting with Pakistan's closer relationship with Saudi Arabia, impacting bilateral economic and strategic cooperation.
Axis Bank announced its December quarter results. The bank's standalone net profit saw a 3% increase, reaching Rs 6,490 crore. Interest income also grew by 4.3% to Rs 32,274 crore. The lender's interest payments on deposits were up nearly 4% in the same period. These figures reflect the bank's performance in the recent financial quarter.
