UAE President's surprise India visit coincides with Abu Dhabi shelving plans for Islamabad International Airport, signaling a shift in regional alliances. This move follows deepening UAE-India defense ties, contrasting with Pakistan's closer relationship with Saudi Arabia, impacting bilateral economic and strategic cooperation.
Axis Bank announced its December quarter results. The bank's standalone net profit saw a 3% increase, reaching Rs 6,490 crore. Interest income also grew by 4.3% to Rs 32,274 crore. The lender's interest payments on deposits were up nearly 4% in the same period. These figures reflect the bank's performance in the recent financial quarter.
