profit

Weak Credit Growth And Rate Cuts to Squeeze Profit at India’s HDFC, ICICI Banks

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(Bloomberg) — India’s top private-sector banks HDFC Bank Ltd. and ICICI Bank Ltd. could see profits come under pressure from loan growth at a three-year low and thinning margins driven by central bank rate cuts, as they report earnings this weekend. Margins face pressure from the Reserve Bank of India’s rate cuts — 100 basis … Read more

TSMC quarterly profit seen hitting record but Trump tariffs, forex a concern

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Analysts expect a 52% surge in second-quarter profit TSMC benefiting from surge towards AI Earnings call at 0600 GMT TAIPEI, – TSMC, the world’s main producer of advanced AI chips, is expected to post a 52% jump in second-quarter profit to record levels on Thursday, though U.S. tariffs and a strong Taiwan dollar could weigh … Read more