India's financial landscape saw several key developments over the weekend. Fuel prices remained unchanged across the country, IDFC First Bank reported a sharp rise in quarterly profit, and the Employees' Provident Fund Organisation (EPFO) began crediting annual interest to subscribers' accounts. Meanwhile, gold and silver prices ended the week higher, Honda launched its premium ZR-V SUV, and Oppo introduced its latest F33 Pro 5G smartphone.

Petrol and Diesel Prices Remain Unchanged

State-owned oil marketing companies have kept petrol and diesel prices unchanged today. Fuel prices continue to remain stable across major cities, with revisions issued daily based on international crude oil prices and currency movements.

IDFC First Bank Q1 Profit Surges 132% to ₹1,075 Crore

Private sector lender IDFC First Bank reported a strong performance for the April–June quarter of FY2026-27.

The bank's net profit rose 132.2% year-on-year to ₹1,075 crore, compared with ₹463 crore in the corresponding quarter last year.

The sharp increase in earnings was driven by:

• Higher net interest income (NII)

• Lower provisioning for bad loans

• Improvement in overall asset quality

The results reflect stronger operational performance and healthier balance sheet metrics during the quarter.

Gold and Silver Prices End Week Higher

Bullion prices witnessed a strong rally during the week.

According to the India Bullion and Jewellers Association (IBJA):

• 24-carat gold (10 grams) gained ₹2,622, reaching ₹1.44 lakh.

• Silver climbed ₹7,247, touching ₹2.23 lakh per kilogram.

The rise comes amid firm global bullion prices and continued investor demand for safe-haven assets.

EPFO Starts Crediting 8.25% PF Interest

The Employees' Provident Fund Organisation (EPFO) has started crediting 8.25% annual interest for the financial year 2025-26 into subscribers' Provident Fund accounts.

Many account holders have already started receiving SMS notifications confirming the credit of interest. However, the process is being carried out in phases, so members who have not yet received a message need not worry.

Subscribers can verify their updated PF balance through:

• EPFO Member Passbook Portal

• UMANG App

• Missed Call Service

• SMS Facility

Honda Launches ZR-V Hybrid SUV in India

Honda Cars India has launched the Honda ZR-V, its flagship premium SUV, at a starting price of ₹48 lakh.

The SUV is being imported as a Completely Built Unit (CBU) and features:

• 2.0-litre strong-hybrid petrol engine

• Claimed fuel efficiency of 22.8 kmpl

• Level-2 ADAS safety package

• Premium interiors and advanced driver-assistance features

The ZR-V will compete with premium SUVs such as the Skoda Kodiaq, Volkswagen Tayron, and Volkswagen Tiguan.

Oppo F33 Pro 5G Review

Oppo has expanded its popular F-series lineup with the Oppo F33 Pro 5G.

The smartphone offers:

• 50MP front camera

• Long battery backup

• Fast charging support

• Premium design

However, one notable limitation is the absence of 4K video recording, which may disappoint users looking for advanced videography capabilities.

Market Snapshot

• Stock Market: Closed today due to Sunday.

• Petrol & Diesel: No change in retail prices.

• Gold: ₹1.44 lakh per 10 grams (24K).

• Silver: ₹2.23 lakh per kg.

• PF Interest: 8.25% credit process underway.