Punjab National Bank Q1 FY27 slides: profit surges 214%, NPAs fall

Punjab National Bank Q1 FY27 slides: profit surges 214%, NPAs fall

Punjab National Bank Q1 FY27 slides: profit surges 214%, NPAs fall
Membership-based wholesale retailer Costco Wholesale (COST 4.23%) reported sales for the retail month of June after the market closed on Wednesday, and at a glance, the numbers looked strong. Net sales rose 10.6% year over year to about $29.2 billion for the five weeks ended July 5. U.S. comparable sales, a measure of sales at…
2026 has been one of the most challenging years yet for CFOs and their teams. From stubborn inflation risks and ongoing market unpredictability to supply chain disruptions, organizations are desperate to find ways to maximize every dollar as budgets constrict. In response, CFOs across the business spectrum are expected to leave no stone unturned as…
In 2002, I moved from Alexandria, Virginia, to Newport, Rhode Island, where my now-husband has family roots. I immediately fell for its stunning natural beauty, vibrant community, and cozy New England vibe. It’s so breathtaking that we chose to marry there, despite having spent much longer stretches of our lives in other amazing cities. Newport…
Seventeen major institutions sign on to test around-the-clock liquidity and instant global value transfer. Swift announced that its blockchain ledger is ready for initial use, enabling early adopter financial institutions to support cross-border payments around the clock using tokenized deposits. The global cooperative, known for its vast messaging network used by banks to move money,…
It’s Altman vs. Musk yet again. OpenAI CEO Sam Altman says the recent bout of attention he’s received from SpaceX CEO Elon Musk must mean his company is doing good work. “There are a lot of benchmarks that suggest 5.6 sol is the best model in the world right now,” Altman wrote on X on…
On July 9, The Wall Street Journal reported that Netflix (NFLX 0.35%) executives have been discussing adding live channels to its service. According to the article, programs, shows, and films from certain genres could be continuously streamed. That news, coming just ahead of Netflix’s second-quarter report on July 16, could be a warning flag to…