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The Reserve Bank of India s FY25 dividend payout to the government is projected to increase, fueled by higher income from foreign exchange reserve deployments due to elevated US treasury yields. This boost is further supported by strong commissions from forex operations and interest income on government securities.

A recent report indicates a continued rise in ATM cash withdrawals, with some states experiencing up to 8% growth. The average cash dispensed per ATM has increased significantly between FY17 and FY25. This trend suggests a coexistence of cash and digital payments, driven by factors like remittance inflows and financial inclusion efforts, highlighting cash s enduring relevance.

The currency had strengthened to 84.13 per dollar during the day, but dollar demand from importers weakened the currency, which had closed at 84.58 per dollar the previous day, LSEG data showed.

The private lender reported a 14% dip in its standalone profit after tax (PAT) at ₹3,552 crore, from the same quarter last year. Net Interest Income (NII) increased to ₹7,284 crore for January-March, from ₹6,909 crore last year, up 5% in the period.

I m not sure the worst is over for the markets yet, as the base case for tariffs remains a difficult question. It s also possible that reciprocal tariffs could be reinstated on July 2. We assume 10% universal tariffs, with China s tariffs reduced from 145% to 60%, but even this isn t fully priced in.

The broader markets ended stronger with the Nifty Midcap 150 and Nifty Small-Cap 250 rising 1.6% and 1.1%, respectively. Of the 4,202 shares traded on BSE, 2562 advanced and 1,460 advanced.

The company s CFO Vinit Teredesai told ET that while clients were taking more time to roll out projects, there were so far no cancellations. "Going by the current revenue visibility, we continue to retain an aspiration to attend $2 billion in revenue by FY27," he said.

A gauge of the dollar rose 0.3% after declining Monday as speculation around potential trade deals sparked an extraordinary spike in Taiwan’s dollar and resonated across global foreign exchange markets. The MSCI Emerging Markets Currency Index rose 0.6% to a record. US stock futures edged lower after the S&P 500 halted its longest rally in about 20 years. There’s no cash trading in Treasuries during the Asian day as Japan is closed for a holiday.

Coal India is anticipated to report stable Q4 2025 results, with flat revenue and modest profit growth driven by improved e-auction prices and cost control. While dispatch volumes remained mostly unchanged and production saw a slight dip, higher e-auction premiums are expected to offset volume stagnation. Brokerages predict healthy operating margins due to better pricing and stable stripping ratios.