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ICICI Lombard General Insurance saw an 18% net profit increase in Q2 FY26 despite a 1.9% dip in gross direct premium income. The insurer s combined ratio edged up to 105.1%, with a dividend of ₹6.5 per share declared. The company maintains a solvency ratio of 2.73x, exceeding regulatory requirements.

Asian stocks rebounded as Fed Chair Powell s comments reinforced expectations for an October rate cut, boosting sentiment despite renewed US-China trade tensions. While contracts for the S&P 500 remained little changed, gold traded near its peak, and crude oil hovered near a five-month low.

Bharti Telecom raised ₹10,500 crore through two bond issues of ₹5,250 crore each — India’s largest such domestic issue this fiscal. Major mutual funds, insurers, and pension funds subscribed, reflecting strong demand. Proceeds will refinance upcoming debt maturities, with coupons priced slightly below initial guidance.

EAAA Alternatives secured a $60 million commitment from the European Investment Bank for its $300 million India Energy Transition Fund, targeting renewable energy, energy storage, electric mobility, and other green infrastructure projects. The fund supports climate action and sustainability.

JPMorgan Chase has surpassed profit expectations for the third quarter. The bank has also increased its full-year net interest income forecast. Strong performance in trading and investment banking businesses fueled this success. Dealmaking is on the rise, with expectations for an even stronger 2026. The US economy shows resilience, though geopolitical risks remain a concern.

The Dow and the S&P 500 turned positive on Tuesday after Federal Reserve Chair Jerome Powell said the central bank may soon end its balance sheet runoff, easing investor concerns over tight financial conditions.

Amir Chand Jagdish Kumar Exports Ltd, a prominent basmati rice exporter, has received approval from Sebi for its initial public offering. The company plans to raise Rs 550 crore through a fresh issue of shares. These funds will be utilized for working capital and general corporate needs. The company also has a presence in FMCG products.

US Federal Reserve Chair Jerome Powell warned Tuesday that risks to employment had risen in recent months, noting there had been a sharp slowdown of job creation in the world s leading economy. "In this less dynamic and somewhat softer labor market, the downside risks to employment appear to have risen," Powell said, noting that longer-term inflation expectations remained aligned with the Fed s target of two percent.