IDFC First Bank raised Rs 3,200 crore by selling shares to six insurance companies, including LIC and HDFC Life. The bank allotted more than 39.68 crore shares for Rs 80.63 per scrip.

India's FMCG sector is projected to grow 7-9% in 2024, driven by government initiatives and digital transformation, according to a report. The sector faces challenges, but its resilience and...

The National Health Claim Exchange (NHCX), a digital platform for faster health insurance claims processing, is set to launch in the next 2-3 months. The platform aims to enhance efficiency and...

Bharti Enterprises sold 0.8% stake in ICICI Lombard for Rs 663 crore, reducing its holding to 1.63%. ICICI Bank increased its stake to 51.7% after buying 0.4% stake.

ICICI Bank has acquired 25.14 lakh shares of ICICI Lombard General Insurance, making it a subsidiary. The move follows the bank's plan to increase its holding in the insurance company.

Indian stock markets closed lower on Monday due to muted earnings and caution ahead of the Union Budget. Reliance Industries and Kotak Bank led the decline.

Gold prices in India rose by Rs 100 to Rs 75,650 per 10 grams on Monday, driven by increased buying from jewellers and a firm trend in global markets. Silver prices, however, plunged by Rs 600.

CII official highlights the Economic Survey's positive outlook on India's growth model, emphasizing the crucial role of MSMEs and microfinance in driving progress.

Sensex and Nifty fell on Monday ahead of the Budget, with Reliance Industries and Kotak Mahindra Bank leading the decline. Global market weakness also weighed on sentiment.

India's Economic Survey projects growth of 6.5-7% in FY25, driven by strong macroeconomic fundamentals and a robust real estate sector. CBRE highlights the key indicators driving this growth.

Indian stock markets closed lower on Monday due to muted earnings and caution ahead of the Union Budget. Reliance Industries and Kotak Bank led the decline.

India's trade deficit is expected to decline further due to PLI schemes, increased exports, and free trade agreements. Economic Survey highlights challenges and opportunities for India's external...

Shakti Pumps reports a significant jump in Q1 net profit to Rs 93 crore, driven by increased revenue and a strong order book. The company's revenue from operations rose four-fold during the quarter.

India's e-commerce growth faces hurdles from data privacy concerns and rising online fraud, highlighting the need for user education and strong cybersecurity measures, according to the Economic...

Chief Economic Advisor V Anantha Nageswaran says Indian households are investing more in financial assets, boosting their savings and contributing to market growth.