Finance News Today:
July 17, 2025

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Good day, this is Philip Johanson with your one-minute finance news update on July 17, 2025.

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Starting with Jio Financial Services, the first quarter results are in.

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The company reports a profit after tax increase of roughly 4% year-over-year, reaching ₹325 crore.

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Notably, their net interest income saw an impressive jump of 52%.

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Revenue also shot up by 47%, marking a solid start to the fiscal year.

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In other news, banks and finance companies are now playing a pivotal role in increasing insurance penetration in smaller towns, aiming to broaden financial inclusion across the country.

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On the global stage, the G20 finance chiefs' meeting in South Africa faces challenges, with current President Trump's tariffs creating a cloud of uncertainty.

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Lastly, a quick note for CFOs: Gartner's latest report highlights crucial insights on integrating Artificial Intelligence in finance operations.

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AI in finance isn't just about automation; it's also a strategic tool for risk assessment and customer service enhancement.

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For more details on these stories, visit minutenews.org. I'm Philip Johanson, thank you for tuning in.

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