Trump is contemplating further tariffs on China and intends to put tariffs on Canada and Mexico on Saturday.
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Trump is contemplating further tariffs on China and intends to put tariffs on Canada and Mexico on Saturday.
Given how poor the EU economy is, markets are more than fully priced on the ECB to lower rates by 25 basis points to 2.75% later on Thursday
The rise of China's DeepSeek free AI assistant, which it claims utilizes cheaper processors and less data, caused a widespread shakeout in financial markets
Ahead of this week's European Central Bank policy meeting, where the central bank is anticipated to reduce borrowing costs, the euro was down 0.14% at $1.0474.
The yen was barely moving at 156.11 to the dollar before the decision, hovering around a one-week low from the previous session.
The European Central Bank and the U.S. Federal Reserve are expected to make rate decisions on Thursday and Wednesday of next week, respectively.
Margins shrank to 31% from 33% last year. This is partly due to unfavourable channel mix and reduced operating leverage.
The service EBITDA margin in this segment jumped to 10.7%, a significant improvement from 3.2% last year.
Revenue from operations climbed 7% year-on-year to ₹7,233 crore. This surge in revenue is supported by sustained demand for individual home loans.
Operationally, the company performed well, with EBITDA climbing to ₹128 crore more than double the ₹52 crore reported in Q1 FY25.
Margins shrank to 31% from 33% last year. This is partly due to unfavourable channel mix and reduced operating leverage.
The service EBITDA margin in this segment jumped to 10.7%, a significant improvement from 3.2% last year.
Revenue from operations climbed 7% year-on-year to ₹7,233 crore. This surge in revenue is supported by sustained demand for individual home loans.
Operationally, the company performed well, with EBITDA climbing to ₹128 crore more than double the ₹52 crore reported in Q1 FY25.
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