There is a significant growth in the mortgage lending sector in Uzbekistan. In the first six months of 2026, commercial banks provided mortgage loans to 42.6 thousand citizens for a total amount of 13.1 trillion soms.
There is a significant growth in the mortgage lending sector in Uzbekistan. In the first six months of 2026, commercial banks provided mortgage loans to 42.6 thousand citizens for a total amount of 13.1 trillion soms.
This figure demonstrates an increase in financing by 3.6 trillion soms compared to the same period last year. The average interest rates applied to the issued loans ranged from 16.8% to 21.6%, depending on the source of the funds.
A large share of the allocated funds was directed towards the purchase of both new and under-construction housing. Furthermore, 75% of all mortgage loans were used to purchase properties on the primary market, indicating high consumer interest in new buildings. The remaining 25% of the loan volume was directed to the secondary real estate market.
Today, July 25, is scheduled for the announcement of financial results for the first quarter of the fiscal year 2027 (Q1FY27) from a number of companies. Among them are AU Small Finance Bank, IDFC First Bank, Zen Technologies, Vedant Fashions, Birla Corporation, Prudent Corporate Advisory Services, Five-Star Business Finance, SBFC Finance, Dodla Dairy, Seshasayee Paper and Boards, Surana Solar, and 3P Land Holdings.
Also today will present their reports firms such as High Energy Batteries (India), Nila Infrastructures, FCS Software Solutions, SKP Securities, Exxaro Tiles, Suryalakshmi Cotton Mills, Sachem Finserve, Mercury Laboratories, Dhanuka Realty, Sea TV Network, Katipatang Lifestyle, Lexoraa Industries, and Veronica Production.
The state power producer NTPC reported a 13 percent increase in consolidated net profit compared to the previous year for the April-June period. The company's net profit in Q1FY27 reached 6,896.44 crore rupees, up from 6,108.46 crore rupees the previous year. Total revenue for the quarter amounted to 51,141.51 crore rupees, higher than the figure of 47,821.11 crore rupees for the same period last year.
Indian stock indices continued their five-day streak of declines on Friday. This marked the longest streak of declines since January, as investors assessed inflation and economic growth forecasts amid high crude oil prices. The Sensex index fell by 332 points, or 0.43 percent, closing at 76,059.77, while the Nifty50 declined by 102.15 points, or 0.43 percent, settling at 23,767.45.
Among the main losers on the Nifty50 were Eternal, Bajaj Finance, and Mahindra & Mahindra. Broader markets also closed in the red: the Nifty MidCap and Nifty SmallCap indices adjusted by 0.10 percent and 0.32 percent, respectively. In sector indices, Nifty Auto showed the worst performance, declining by 1 percent, while Nifty Realty and Nifty Pharma also showed negative dynamics. Meanwhile, the Nifty Media and Nifty IT indices demonstrated better results compared to the overall market.
The Minister of Finance, Economic Development and Investment Promotion of Zimbabwe, Mutuli Ncube, announced that Zimbabwe has joined the BRICS New Development Bank (NDB). This step is expected to expand the country's access to development financing and investments.
According to the Ministry of Information, Publicity and Broadcasting Services on the social network X, membership in the bank will improve access to financial resources for development, deepen economic cooperation with BRICS nations, and provide Zimbabwe with a more significant representation in global economic decision-making.
The New Development Bank was established in 2014 by countries such as Brazil, Russia, India, China, and South Africa, and began its operations in 2015. It finances projects in infrastructure and sustainable development in both BRICS countries and other developing and emerging economies.
Zimbabwe applied to join the bank in 2023, with negotiations for its acceptance progressing toward early 2026. Furthermore, the country submitted an official statement expressing its desire to join the BRICS bloc itself.
As part of the first official visit by the speaker of the lower house of the Czech Republic in almost seven years, a high-level delegation led by the Speaker of the Chamber of Deputies, Tomio Okamura, arrived in China. This visit coincides with the tenth anniversary of the strategic partnership between the two countries.
The five-day trip covers major cities such as Shanghai, Hangzhou, and Beijing. The main focus is on practical cooperation in the fields of trade, tourism, and corporate sector interaction.
Czech companies representing the e-commerce, aerospace, and renewable energy sectors gathered in Beijing. There, they participated in the Conference on Economic and Trade Cooperation between the Czech Republic and China, exploring opportunities for targeted partnerships with their Chinese counterparts.
Fan Li Lei from CGTN held discussions with Czech business representatives. During this meeting, potential market opportunities and prospects for bilateral economic and international exchange were discussed.
