Swatch H1 sales rise as market share gains offset currency headwinds

Supermarkets major Avenue Supermarts, the operator of DMart, on Saturday reported an 11.3% year-on-year rise in consolidated net profit for the June quarter at Rs 860.6 crore, compared with Rs 773 crore in the corresponding quarter last year. Total Revenue for the quarter ended June 30, 2026 stood at Rs.18,795 crore, as compared to Rs.16,360…

So much for the great “reopening”, eh? It seemed like both sides would try to at least close one eye on hostilities to play to the optics of a deal. But alas, that didn’t even last two weeks. And with that, Iran is back to placing the Strait of Hormuz in de facto closure. However,…

Generating $1,000 in annual passive income may be easier than you might expect. Assuming a 5% annual dividend, investors would need just $20,000 to generate this level of income. These figures don’t include any potential taxes. Nor do they adjust for inflation. But a 5% annual dividend is all you need to start building a…

Businesses can move money faster than ever. Their customers, however, may still need to navigate a maze of messages, portals, passwords and payments pages before that money starts moving. The disconnect is creating a largely invisible revenue leak for consumer lenders, utilities and other companies that depend on recurring customer payments. “Payments is not the…

📬 Would you prefer to receive this information in your email inbox every morning before the markets open in New York? Sign up here. THE MARKETS Tech stocks shrug off oil risk  Stocks were broadly up in Asia today, especially in the tech-heavy South Korea market, as the Dutch semiconductor company ASML reported better-than-expected quarterly…

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