Search result for 'bank'

Sensex, Nifty Plunge on Oil Surge, FII Outflows

January 13, 2025 16:22

Indian stock markets, Sensex and Nifty, fell sharply due to rising crude oil prices, FII outflows, and a strong US jobs report, which dampened rate cut expectations.

Rupee Hits Record Low at 86.62 Against US Dollar

January 13, 2025 16:09

The Indian rupee plunged to a record low of 86.62 against the US dollar, driven by a stronger American currency and surging crude oil prices. This marks the steepest single-day fall in nearly two...

Rupee Hits Record Low of 86.59 Against US Dollar

January 13, 2025 14:40

The Indian rupee plunged to a record low of 86.59 against the US dollar on Monday, driven by a strengthening greenback and surging crude oil prices. This marks the steepest fall in nearly two...

India Corporate Credit Outlook: Steady Growth & Rate Cuts in 2025 - Fitch

January 13, 2025 14:18

Fitch Ratings forecasts improved credit access for Indian corporates in FY26, driven by steady GDP growth, banking sector health, and likely interest rate cuts in 2025.

CARE Upgrades Inox Wind Banking Facilities Ratings

January 13, 2025 10:48

CARE Ratings upgrades Inox Wind's banking facilities ratings to 'CARE A1+' for short-term and 'CARE A+/Stable' for long-term, reflecting strong financials and business growth.

Rupee Hits Record Low: 86.31 Against US Dollar

January 13, 2025 09:42

The Indian Rupee crashed to a record low of 86.31 against the US dollar, driven by a strong US dollar, rising oil prices, and foreign capital outflows.

FinMin Reviews Financial Inclusion Schemes, Meets Bank Heads

January 12, 2025 17:28

India's Finance Ministry will meet with bank heads to review financial inclusion schemes like Jan Suraksha and Mudra Yojana. The meeting will also discuss the progress of PM SVANidhi and other...

CII Proposes 10-Point Ease of Doing Business Agenda Ahead of Budget

January 12, 2025 16:25

CII recommends a 10-point agenda to improve India's ease of doing business, focusing on simplifying regulations, reducing compliance burdens, and enhancing transparency ahead of the upcoming budget.

Chennai Ranked Top 3 City for Women's Inclusion: Study

January 12, 2025 13:42

Chennai ranks among India's top 3 cities for women's social and industrial inclusion, according to a study by Avtar Group. Bengaluru tops the list, followed by Chennai. South India emerges as the...

AIFs Seek Govt Funds for Deep-Tech Startups

January 12, 2025 13:05

AIFs urge Indian government to allocate specific funds for new-age, sunrise and deep-tech startups, highlighting the need for increased funding and extended duration of the Fund of Funds for...

NCLAT Dismisses Appeal to Stay Indrajit Power Insolvency

January 12, 2025 12:10

The National Company Law Appellate Tribunal (NCLAT) has dismissed an appeal to stay insolvency proceedings against Indrajit Power, upholding the NCLT order admitting the plea filed by Yes Bank.

Indian Markets: Q3 Earnings, Inflation, FII Activity Key

January 12, 2025 10:53

Analysts predict volatile week for Indian markets, driven by Q3 earnings, inflation data, FII trading, crude oil, and US dollar trends.

Top 10 Indian Firms Mcap: HDFC Bank Hit Hard, TCS Gains

January 12, 2025 10:35

Five of India's top 10 most valued companies saw their market capitalization decline last week, with HDFC Bank facing the biggest loss. TCS and HCL Tech were among the gainers.

UK Seeks 'Common Ground' with China on Trade

January 11, 2025 16:27

UK Chancellor Rachel Reeves visits China to strengthen economic ties, seeking 'common ground' on trade and investment with Beijing, despite political tensions.

Supertech Township Projects Insolvency: NCLAT to Decide

January 11, 2025 12:17

Punjab & Sind Bank rejects Supertech Township Projects' settlement proposal. NCLAT will now decide on the insolvency of the debt-ridden realty firm. The matter is scheduled for January 23rd.

IBBI Mandates eBKray Auction Platform for Liquidation Assets

January 10, 2025 22:01

The Insolvency and Bankruptcy Board of India (IBBI) mandates eBKray platform for selling assets under liquidation from April 1. The platform aims to create an efficient and accountable insolvency...

RBI Makes Fixed Interest Rate Loans Mandatory for Banks

January 10, 2025 19:24

The Reserve Bank of India has mandated that banks offer fixed interest rate options for all personal loan categories. This move aims to protect borrowers from negative amortization due to rising...

Neelkanth Mishra Urges India to Seek Chinese Investments

January 10, 2025 19:02

Axis Bank chief economist Neelkanth Mishra advocates for increased Chinese investment in India, drawing parallels with Japan's investments in the 1980s. He highlights the potential benefits despite...

Indian Market Slumps: Investors Lose Rs 12 Lakh Crore

January 10, 2025 18:45

Indian stock market suffers a three-day decline, wiping out Rs 12 lakh crore in investor wealth due to foreign fund outflows and earnings concerns.

Gold Price Rises to Rs 80,550/10 gm, Silver Trades Flat

January 10, 2025 17:51

Gold prices surged in India as the rupee hit a record low, while silver traded flat. The rise was driven by robust overseas demand and safe-haven buying amid uncertainty around US monetary policy.

India Economy to Grow 6.6% in 2025: UN

January 10, 2025 17:27

The UN projects India's economy to expand by 6.6% in 2025, driven by strong private consumption and investment. Read about the key factors driving this growth.

Vedanta Resources Secures USD 300 Million Loan for Debt Refinancing

January 10, 2025 17:15

Vedanta Resources has secured USD 300 million in loans from Barclays, First Abu Dhabi Bank, and Mashreq to refinance its 2024 and 2026 bonds. The company is also looking to upsize the deal and is...

India's Forex Reserves Drop to $634.58 Billion

January 10, 2025 17:14

India's forex reserves declined by $5.693 billion to $634.585 billion in the week ended January 3, attributed to revaluation and RBI interventions.

Niti Aayog Seeks Balance: Govt vs Corp Debt Markets

January 10, 2025 16:32

Niti Aayog is exploring ways to balance India's government and corporate debt markets, with focus on fiscal adjustment and liquidity. The think tank will also examine the impact of deepening the...

Sensex, Nifty Drop for 3rd Day: Crude Surge, FII Outflows Hit Markets

January 10, 2025 16:11

Indian stock markets Sensex and Nifty extended losses for the third consecutive session, driven by surging crude oil prices, a strengthening dollar, and FII outflows. Concerns over economic growth...

SBI Chairman Calls for Institution to Track Small Business Fund Use

January 10, 2025 13:35

SBI chairman CS Setty advocates for a market infrastructure institution to track the end-use of funds raised by small businesses, aiming to ensure responsible financing and bolster investor...

Capital Market Fundraising to Surge 21% in FY25: Sebi Chief

January 10, 2025 12:14

Sebi Chair Madhabi Puri Buch forecasts a 21% increase in capital market fundraising to Rs 14.27 lakh crore in FY25, driven by equity and debt instruments. The regulator also aims to expedite...

India Economy to Grow 6.6% in 2025: UN Report

January 10, 2025 11:44

India's economy is projected to expand by 6.6% in 2025, driven by strong private consumption and investment, according to a UN report. The report also highlights robust growth in South Asia, driven...

Sensex, Nifty Slip on Foreign Fund Outflows: Markets Update

January 10, 2025 09:59

Indian benchmark indices Sensex and Nifty fell despite early gains, pressured by heavy foreign fund outflows. TCS reported strong Q4 results, while FIIs offloaded Rs 7,170 crore on Thursday.

IOB to Sell Rs 11,500 Crore NPAs to ARCs

January 9, 2025 20:49

Indian Overseas Bank (IOB) is selling Rs 11,500 crore of non-performing assets (NPAs) to asset reconstruction companies (ARCs). The sale will be conducted through an e-auction on a portfolio basis.

Pakistan's Debt & Balance of Payments Under Control: SBP

January 9, 2025 19:48

Pakistan's central bank governor assures that the country's debt level and balance of payments are under control, with economic targets being met. He highlights the improvement in foreign...

Puravankara Buys Land for Rs 700 Cr Housing Project in Bengaluru

January 9, 2025 18:21

Puravankara Ltd acquires 3.63 acres in Bengaluru to build a housing project with an estimated revenue of Rs 700 crore. The project is located at Kanakapura Road.

Freebies vs Amenities: Panagariya on Citizen Choice

January 9, 2025 17:58

Economist Arvind Panagariya says citizens must decide if they want freebies or better infrastructure. Goa seeks increased funds from the divisible pool, pushing for a larger share of central revenue.

KredX Launches TReDS Platform DTX with RBI Approval

January 9, 2025 17:49

KredX receives RBI approval to launch its Trade Receivables Discounting System (TReDS) platform, DTX, becoming the fifth such platform in India. The platform aims to improve supply chain financing...

Gold Price Rises to Rs 80,300: Global Cues Drive Surge

January 9, 2025 17:40

Gold prices surged by Rs 300 in India, driven by strong global cues including increased PBoC reserves and risk-off sentiment in the equity market. The price of gold in the US also climbed,...

Bank Officers' Union Threatens Nationwide Strike

January 9, 2025 17:03

AIBOC, a bank officers' union, has threatened a nationwide strike on February 24-25, 2025, demanding a 5-day work week, adequate recruitment, and withdrawal of DFS directives.

Sensex, Nifty Fall on Foreign Fund Outflows, TCS Earnings in Focus

January 9, 2025 16:20

Sensex and Nifty tumbled on Thursday, driven by heavy selling in HDFC Bank, TCS and Reliance, amid foreign fund outflows and earnings growth concerns. TCS earnings are in focus.

India's Gold Import Data Revised Due to Software Error

January 9, 2025 16:18

India's gold import data has been revised downwards after a software migration error caused double counting. The issue, largely rectified, has impacted trade deficit figures.

LenDenClub Launches Daily Earning Loans for P2P Lenders

January 9, 2025 15:49

LenDenClub introduces daily earning loans for P2P lenders, offering daily interest payments and a choice of loan tenures. Invest as low as Rs 250 and earn consistent income.

Women-Centric Fintech Startups: RBIH & IIMA Launch Swanari TechSprint 3.0

January 9, 2025 14:05

Reserve Bank Innovation Hub and IIMA Ventures launch Swanari TechSprint 3.0 to support women-centric fintech startups in India, providing mentorship, grants, and funding opportunities.

Mercedes-Benz India Reports Record Sales in 2024, Plans 8 New Models

January 9, 2025 13:21

Mercedes-Benz India achieved record sales in 2024, selling 19,565 units. The company plans to launch 8 new models, including EVs, in 2025 to sustain growth.

Indian Markets Decline on Foreign Fund Outflows

January 9, 2025 09:49

Indian stock markets, Sensex and Nifty, declined in early trade due to persistent foreign fund outflows and ahead of the earnings season. TCS is set to kick-start the results calendar for December...

DPIIT Seeks Ways to Boost FDI in India

January 8, 2025 22:26

India's DPIIT held discussions with stakeholders to further promote FDI, seeking ways to improve the business climate and attract more investment. Key topics included e-commerce, press note 3, and...

MFIs Seek Govt Support Amid Rising Delinquencies

January 8, 2025 19:30

Microfinance institutions (MFIs) are facing challenges including rising delinquencies and seek government support, including a dedicated funding mechanism and credit guarantee.

RBI Lifts Restrictions on Asirvad Micro Finance, DMI Finance

January 8, 2025 19:02

The Reserve Bank of India has lifted business restrictions on Asirvad Micro Finance and DMI Finance after they addressed supervisory concerns and implemented remedial actions.

RBI Interest Rate Cut Expected, Budget Focus on Job Creation: CII

January 8, 2025 19:00

CII expects RBI to cut interest rates in February, urging the government to focus on job creation in the upcoming budget. The industry body also advocates for de-linking food inflation from...

Gold Surges to Rs 80,000, Silver Rallies - India News

January 8, 2025 18:21

Gold prices in India hit a one-month high of Rs 80,000 per 10 grams, driven by increased buying from jewellers and stockists. Silver also surged to Rs 92,500 per kg. Learn more about the latest...

Paisalo Digital Surpasses Rs 3,400 Cr in Transactions, Serving 59 Lakh Customers

January 8, 2025 17:27

Paisalo Digital, an NBFC, has achieved over Rs 3,400 crore in transactions and served 59 lakh customers within two years, highlighting its commitment to financial inclusion.

Indian Markets Slip on GDP Growth Projections - HDFC, ICICI Bank Lead Decline

January 8, 2025 16:17

Indian stock markets ended lower on Wednesday, weighed down by muted GDP growth projections and foreign fund outflows. HDFC Bank and ICICI Bank were among the top laggards. The Sensex closed at...

India's GDP Growth to Slow to 6.3% in FY25: SBI Report

January 8, 2025 15:35

SBI report forecasts India's GDP growth at 6.3% in FY25, slightly lower than government's estimates, citing weak demand and subdued investments.

MFI Portfolio Declines, Bad Assets Rise in Sept Quarter: Report

January 8, 2025 15:18

Microlending outstandings fell 4.3% in the September quarter as lenders became cautious due to deteriorating asset quality. Delinquencies spiked across ticket sizes and lender types, particularly...

Future of Jobs 2025: Farm Workers, Drivers Up, Cashiers Down

January 8, 2025 12:48

A new study by the World Economic Forum predicts farm workers and drivers will see job growth, while cashiers and ticket clerks face decline by 2030. AI and technology are major drivers of change.

Draft DPDP Rules 2025: Explained, Data Protection in India

January 8, 2025 11:15

Understanding the draft Digital Personal Data Protection (DPDP) Rules 2025, including data fiduciary obligations, consent requirements, and penalty provisions for data breaches in India.

Indian Markets Decline on FII Outflows, Earnings Season Caution

January 8, 2025 09:50

Indian stock markets, Sensex and Nifty, declined in early trade due to foreign fund outflows and a cautious outlook ahead of the earnings season. TCS is set to announce its quarterly results on...

Rupee Hits Record Low of 85.83 Against US Dollar

January 8, 2025 09:36

The Indian rupee depreciated to a record low of 85.83 against the US dollar in early trade on Wednesday, driven by strengthening American currency and higher crude oil prices.

SBI Chairman, Uday Kotak Join NIIF Governing Council

January 7, 2025 22:28

The Finance Ministry has appointed SBI Chairman C S Setty and Uday Kotak as new members of the Governing Council of the National Investment and Infrastructure Fund Trustee Ltd. (NIIFTL).

Fintechs urged to innovate, comply: DFS Secy

January 7, 2025 22:01

Financial Services Secretary M Nagaraju encourages fintech companies to deliver innovative solutions while adhering to strict regulatory compliance, highlighting government and RBI initiatives.

RBI Announces Global Hackathon Winners: Zero Fraud & Accessibility

January 7, 2025 19:59

The Reserve Bank of India has announced the winners of its 3rd Global Hackathon, focusing on financial fraud prevention and accessibility for people with disabilities. The hackathon saw...

Puravankara Appoints Deepak Rastogi as Group CFO

January 7, 2025 19:29

Puravankara Ltd. appoints Deepak Rastogi as Group CFO, effective January 15, 2025. Rastogi brings over 30 years of experience in finance, strategy, and transformation across diverse industries.

e-Shram Portal Now Available in 22 Languages

January 7, 2025 19:21

India's e-Shram portal now supports 22 languages, making government schemes accessible to unorganized workers. Minister Mandaviya launched the multilingual functionality, aiming to provide a...

Exim Bank India Raises USD 1 Billion from Overseas

January 7, 2025 19:00

Exim Bank of India secured USD 1 billion from overseas investors, marking the lowest spread ever for a BBB-rated issuer in Asia. The funding will support business growth and contribute to India's...

India GDP Growth Forecast: 6.2% in FY25, HSBC Says

January 7, 2025 18:02

HSBC forecasts India's real GDP growth to be 6.2% in FY25, lower than the official estimate, and 6.5% in FY26. The brokerage expects inflation to fall to 4.9% in FY25.

FinMin Meeting on Microfinance: Rising Bad Loans & Delinquencies

January 7, 2025 17:41

Finance Ministry to meet with MFI players on Wednesday amid rising bad loans and delinquencies in the sector. The meeting will discuss concerns and potential solutions.

Tata Digital Launches Fixed Deposit Marketplace on Tata Neu

January 7, 2025 17:23

Tata Digital enters retail investment with a fixed deposit marketplace on Tata Neu, offering interest rates up to 9.1% from leading institutions. Invest as low as Rs 1,000.

Bank Profits to Moderate in FY26 as Bad Assets Rise: Ind-Ra

January 7, 2025 16:45

Indian bank profitability is expected to moderate in FY26 due to rising bad assets, according to India Ratings and Research. Unsecured retail loans are a key concern, but overall impact is...

Sensex, Nifty Rebound After Decline: Reliance, ICICI Bank Rally

January 7, 2025 16:12

Indian equity indices Sensex and Nifty rebounded on Tuesday, driven by buying in blue-chip stocks like Reliance Industries and ICICI Bank. Global markets also contributed to the positive trend.

India's Economy Projected to Grow 6.4% in 2024-25

January 7, 2025 16:08

The Indian economy is forecast to grow at 6.4% in 2024-25, according to the National Statistical Office's first advance estimates. This is lower than the Reserve Bank's estimate of 6.6%.

UAE Extends USD 2 Billion Payment for Pakistan

January 7, 2025 15:42

UAE has agreed to extend the USD 2 billion payment that Pakistan was due to pay this month, according to PM Sharif. This follows a similar extension by Saudi Arabia in December. The development...

ASK Property Fund & Sotheby's Launch ₹1,000 Cr Luxury Housing Fund

January 7, 2025 13:45

ASK Property Fund and India Sotheby's International Realty have launched a ₹1,000 crore equity fund for investing in luxury residential projects across India.

Sensex, Nifty Rebound After Sharp Decline - PTI

January 7, 2025 09:51

Indian stock markets rebounded in early trade on Tuesday, led by gains in blue-chip stocks like Reliance Industries and ICICI Bank. Sensex rose 422.62 points and Nifty gained 160.2 points.

Rupee Falls 7 Paise to 85.75 Against US Dollar

January 7, 2025 09:37

The Indian rupee depreciated by 7 paise to 85.75 against the US dollar in early trade on Tuesday, driven by a strong American currency and outflow of foreign funds.

Capital Infra Trust IPO: Rs 703 Crore Mobilized from Anchor Investors

January 7, 2025 00:42

Capital Infra Trust, an InvIT sponsored by Gawar Construction, has raised Rs 703 crore from anchor investors ahead of its IPO launch. The IPO opens for public subscription on January 7 and will...

Quadrant Future Tek Raises Rs 130 Crore Ahead of IPO

January 6, 2025 19:55

Quadrant Future Tek has raised over Rs 130 crore from anchor investors ahead of its IPO, which opens for public subscription on Tuesday. The company is developing new-generation train control and...

DHFL Loan Scam: 5 Accused Seek Pardon in Delhi Court - Jan 13 Hearing

January 6, 2025 19:45

Five accused in the DHFL loan scam case, including former promoter Kapil Wadhawan, have filed applications seeking pardon and turning approver. Delhi court to hear pleas on Jan 13.

Rural Women Entrepreneurs: Financial Reforms Needed - Govt Official

January 6, 2025 19:45

A senior Rural Development Ministry official calls for financial reforms to support rural women entrepreneurs, aiming to create 3 crore 'lakhpati didis' in the next 2-3 years. The official...

Securitisation Volumes Surge 80% in Q3: Icra

January 6, 2025 19:21

Securitisation volumes in India jumped 80% in Q3 FY25, driven by private sector banks. Icra expects FY25 volumes to reach Rs 2.4 lakh crore, up from earlier estimates.

J&K Bank Q3 Report: Higher Deposits, Lower Loan Growth

January 6, 2025 19:02

J&K Bank reports a significant increase in deposits for the third quarter of FY2025, but loan growth remains modest. Read more about the bank's financial performance.

Assam CM Exhorts Industry to Not Hire Illegal Bangladeshi Migrants

January 6, 2025 18:47

Assam Chief Minister Himanta Biswa Sarma urges industrialists not to employ illegal Bangladeshi migrants as cheap labor, calling it a 'national duty'. He also highlights the state's investment...

RBI Adds 8 Tons Gold to Reserves in Nov 2024: WGC

January 6, 2025 18:15

The Reserve Bank of India added 8 tonnes of gold to its reserves in November 2024, according to the World Gold Council, bringing its total holdings to 876 tonnes. This makes India the...

Market Crash: Investors Lose Rs 10.98 Lakh Crore

January 6, 2025 17:46

Indian markets crashed today, wiping out Rs 10.98 lakh crore of investor wealth due to concerns over earnings and foreign fund outflows. The Sensex plunged 1.59% and the Nifty fell 1.62%.

IIFCL to Raise Rs 8,000 Cr via Borrowing in Q4 FY23

January 6, 2025 17:40

India Infrastructure Finance Company Ltd (IIFCL) plans to raise Rs 8,000 crore from borrowing, including from overseas institutions, in the January-March quarter. The company aims to raise USD 200...

RBI Consolidates Credit Information Reporting Rules

January 6, 2025 17:32

The Reserve Bank of India (RBI) has issued a master direction consolidating instructions on reporting credit information of customers, enhancing data security and customer rights.

Nuvoco Vistas Wins Bid for Vadraj Cement

January 6, 2025 17:05

Nuvoco Vistas Corp. has won the bid for Vadraj Cement, currently undergoing insolvency. The deal will increase Nuvoco's cement production capacity to 31 MMTPA and solidify its position as the...

Sensex, Nifty Crash 1.5% Amid Foreign Fund Outflows

January 6, 2025 16:14

Sensex and Nifty plunged over 1.5% on Monday due to concerns over third-quarter earnings, foreign fund outflows, and the new HMP virus scare.

Rupee Hits Record Low: Falls to 85.83 Against USD

January 6, 2025 15:55

The Indian rupee closed at a record low of 85.83 against the US dollar on Monday, driven by weak domestic markets, FII outflows and rising US bond yields.

Gaurs Group Sells Rs 4,800 Cr Properties in Apr-Dec 2024

January 6, 2025 15:47

Gaurs Group, a leading real estate developer, has achieved strong sales performance during April-December 2024, driven by robust demand for residential properties in Delhi-NCR. The company is...

Mercedes-Benz Appoints New CFO for India

January 6, 2025 15:31

Mercedes-Benz India appoints Emrah Ozer as its new CFO, succeeding Evren Cakabey. Ozer brings extensive international finance experience to the role.

IIFCL to Grow Book Size by Rs 1 Lakh Cr in 3 Years

January 6, 2025 14:55

India Infrastructure Finance Company (IIFCL) is poised for significant growth, aiming to increase its book size by Rs 1 lakh crore in the next three years, according to DFS Secretary M Nagaraju.

Sterlite Grid Raises Rs 2,450 Cr for MUML Project

January 6, 2025 14:11

Sterlite Grid 32 Ltd secures Rs 2,450 crore through listed NCDs to refinance its Mumbai Urja Marg Ltd project, strengthening India's green energy infrastructure.

Sensex, Nifty Tumble Amid FIIs Outflows, Earnings Season

January 6, 2025 12:43

Indian stock markets witnessed a sharp decline on Monday due to foreign fund outflows and investor caution ahead of the earnings season. Sensex fell 1,263.16 points and Nifty slumped 403.25 points.

Accel Raises $650 Million for Indian Startups: AI, Fintech, Consumer, Manufacturing

January 6, 2025 12:33

Accel, a leading VC firm, announces a USD 650 million fund for early-stage startups in India and Southeast Asia, focusing on AI, consumer, fintech, and manufacturing.

Indian Markets Drop Amid Foreign Fund Outflows, Earnings Season

January 6, 2025 09:57

Sensex and Nifty pare early gains as foreign funds sell off Indian equities ahead of earnings season. US markets ended positive on Friday.

Rupee Flat at 85.79 vs US Dollar | Early Trade

January 6, 2025 09:32

The Indian rupee opened flat at 85.79 against the US dollar in early trade on Monday, influenced by domestic equity markets, foreign capital outflow, and crude oil prices.

Karur Vysya Bank Expands in Tamil Nadu with Two New Branches

January 5, 2025 18:15

Karur Vysya Bank has opened two new branches in Tamil Nadu, bringing its total branch network in the state to 475. The bank also added 28 new branches across India this fiscal year.

Anarock Doubles Office Leasing Team Amid Rising Demand

January 5, 2025 17:03

Anarock, a real estate consultant, is doubling its office leasing team to 100 professionals in response to growing demand for premium workspaces from corporates. The company is seeing strong growth...

TRAI to Pilot Digital Consent System for Spam Control

January 5, 2025 15:49

TRAI is launching a pilot program to digitize past user consents for commercial communications, aiming to combat spam and offer opt-out options. The regulator is also tightening anti-spam norms and...

NHAI Prepays Rs 56,000 Cr Loan, Saves Rs 1,200 Cr Interest

January 5, 2025 14:19

NHAI prepays Rs 56,000 crore in loans during FY25, reducing its debt liability and saving Rs 1,200 crore in interest costs. The prepayment includes funds from InvIT monetization and loans from...

Punjab & Sind Bank Launches Instant Loan Scheme for MSMEs

January 5, 2025 13:04

Punjab & Sind Bank is introducing an instant loan scheme for MSMEs up to Rs 25 lakh, based on GST returns, to be launched this month.

World Bank Approves USD 20 Billion for Pakistan

January 5, 2025 11:52

The World Bank will provide a USD 20 billion lending package to Pakistan for a 10-year program focused on key development areas, aiming to improve social indicators and enhance economic growth.

Top 10 Indian Companies Mcap: HDFC Bank Hit Hard, Reliance Gains

January 5, 2025 11:01

Four of India's top 10 most valued companies saw their market valuations decline last week, with HDFC Bank suffering the biggest loss. Reliance Industries gained the most.

HDFC Bank Loan Growth Rises 3% in Q3

January 4, 2025 22:27

HDFC Bank reports a 3% increase in loan growth in the December quarter, reaching Rs 25.42 lakh crore. Total deposits also saw a significant rise to Rs 25.63 lakh crore.

IDBI Bank Reports 18% Loan Growth in Q3

January 4, 2025 22:11

IDBI Bank saw an 18% increase in loan growth during the December quarter, reaching Rs 2.06 lakh crore. Total deposits also rose by 9% to Rs 2.82 lakh crore.

RBI Holds Financial Literacy Program for Visually Challenged

January 4, 2025 17:14

RBI's Bhubaneswar branch organized a financial literacy program for visually challenged persons, distributing Braille booklets and addressing their queries.

Agri Minister Reviews Schemes Ahead of Budget

January 4, 2025 16:38

India's agriculture minister reviewed schemes with state counterparts, aiming for 3.5-4% growth in FY25. Discussions included budget allocation and strategies to boost the farm sector.

PM Modi: Caste Politics Threat to Rural Peace

January 4, 2025 12:32

PM Modi warns against attempts to disrupt peace in rural India through caste politics, stressing the need for social harmony. He highlights government efforts for rural development and financial...

Capital Infra Trust IPO: Price Band Fixed at Rs 99-100, Opens Next Week

January 3, 2025 21:31

Capital Infra Trust, sponsored by Gawar Construction, has fixed the price band for its Rs 1,578 crore IPO at Rs 99-100 per unit. The IPO opens on January 7 and concludes on January 9, marking the...

SBI Launches New Deposit Schemes: Har Ghar Lakhpati & SBI Patrons

January 3, 2025 20:31

State Bank of India (SBI) introduces two new deposit schemes, Har Ghar Lakhpati for recurring deposits and SBI Patrons for senior citizens, offering enhanced interest rates and financial flexibility.

Logistics Performance Index: 13 States, UTs 'Achievers' - DPIIT Report

January 3, 2025 20:31

Gujarat, Karnataka, Maharashtra, Odisha, Tamil Nadu, and Delhi are among the 13 states and UTs categorised as 'achievers' in the Logistics Performance Index 2024, according to a report released by...

BoI Reports 15% Loan Growth in Q3 | Business News

January 3, 2025 19:49

State-owned Bank of India (BoI) reported a 15.3% credit growth in the December quarter, with total advances reaching Rs 6.51 lakh crore. Read more.

Kotak Mahindra Bank COO & CTO Milind Nagnur Resigns

January 3, 2025 19:38

Kotak Mahindra Bank's COO and CTO, Milind Nagnur, has resigned effective February 15, 2025, citing personal reasons.

UCO Bank Reports 12% Business Growth in Q3 FY25

January 3, 2025 19:34

UCO Bank's total business grew 12.18% in Q3 FY25, driven by a strong performance in advances and deposits. Domestic advances rose 18.83% and deposits increased by 9.37%.

RBI Lifts Restrictions on Arohan Financial Services

January 3, 2025 19:07

The Reserve Bank of India has lifted restrictions on Arohan Financial Services Limited, a Kolkata-based NBFC, after the company addressed concerns related to usurious pricing and other supervisory...

Yes Bank Reports 12.6% Loan Growth in Q3

January 3, 2025 18:15

Yes Bank saw a 12.6% loan growth in Q3, reaching Rs 2.45 lakh crore. Total deposits also rose to Rs 2.77 lakh crore. Read more about their financial performance.

EPFO Launches Centralized Pension System: 68 Lakh Pensioners Benefit

January 3, 2025 17:57

EPFO's new Centralized Pension Payments System (CPPS) is now live across India, enabling pensioners to withdraw their benefits from any bank. Over 68 lakh pensioners will benefit from the...

India's Forex Reserves Drop by USD 4.11 Billion - Reserve Bank

January 3, 2025 17:20

India's foreign exchange reserves declined by USD 4.11 billion to USD 640.279 billion during the week ended December 27, the Reserve Bank of India said on Friday. The drop was attributed to...

Sensex, Nifty Drop 1% on Banking, IT Sell-Off

January 3, 2025 16:08

Indian stock indices Sensex and Nifty closed lower on Friday, dragged by selling in banking and IT sectors. The rupee also weakened against the US dollar.

Sensex, Nifty Decline in Early Trade: Bank & IT Stocks Drag

January 3, 2025 09:59

Benchmark equity indices Sensex and Nifty declined in early trade on Friday, dragged by bank and IT stocks ahead of the earnings season. Read more.

Telangana to Raise Rs 30,000 Crore in Q4 FY25

January 2, 2025 20:35

Telangana government plans to raise Rs 30,000 crore through market borrowings in the last quarter of FY 2024-25. This move follows the state's utilization of 71.7% of its budget estimates for the...

Credit Growth to Slow in FY26: ICRA

January 2, 2025 20:13

ICRA forecasts credit growth to moderate to 9.7-10.3% in FY26, citing high CD ratio and LCR changes. The report also highlights impact on banking sector margins and asset quality.

Budget Wishlist: Financial Sector Seeks Tax Breaks, Market Reforms

January 2, 2025 19:44

Financial sector stakeholders met with India's Finance Minister to advocate for tax incentives on fixed deposits, deeper capital markets, and support for NBFCs.

UPI Transactions Surge 8% to 16.73 Billion in December - NPCI Data

January 2, 2025 19:17

UPI transactions reached a record 16.73 billion in December, marking an 8% growth from November. The value of transactions also increased to Rs 23.25 lakh crore. Read more.

J&K to Reduce Power Losses, Speed Up Metering: Omar Abdullah

January 2, 2025 18:43

Jammu & Kashmir Chief Minister Omar Abdullah announced plans to reduce power distribution losses and expedite metering, aiming to ensure more electricity supply for residents.

Investors Wealth Surges Rs 8.52 Lakh Cr in Market Rally

January 2, 2025 17:33

Indian stock market witnessed a strong rally, boosting investor wealth by Rs 8.52 lakh crore in two days. Sensex surged nearly 2% on Thursday, led by gains in banking, IT, auto and metal sectors.

Sensex Rallies 1,436 pts to 2-Week High: Auto, Finance Lead Gains

January 2, 2025 16:51

The Sensex surged 1,436 points on Thursday, led by gains in financial, auto and IT shares, extending gains to the second day of the New Year. Bajaj Finserv, Bajaj Finance, and Maruti were among the...

Maharashtra Govt Approves Mumbai Bank for Salary Disbursal

January 2, 2025 16:38

Maharashtra government approves opening of accounts at Mumbai District Central Cooperative Bank for salary disbursal of government employees. The decision was taken at a cabinet meeting chaired by...

PNB Reports 15% Loan Growth in Q3

January 2, 2025 16:05

Punjab National Bank (PNB) saw a 15% increase in loan growth during the December quarter, reaching Rs 11.11 lakh crore. Total deposits also rose by 15.6% to Rs 15.30 lakh crore.

Sensex, Nifty Surge Nearly 2% on Financial, IT Stocks

January 2, 2025 16:02

India's benchmark Sensex and Nifty soared on Thursday, driven by gains in financial, auto, and IT sectors. Bajaj Finserv and Bajaj Finance led the rally, while manufacturing growth slowed in December.

Rupee Falls 9 Paise to Close at 85.73 Against US Dollar

January 2, 2025 15:51

The Indian rupee depreciated by 9 paise to close at 85.73 against the US dollar on Thursday, driven by strong dollar demand from importers and foreign fund outflows. Read more to know about the...

WPI Base Year Revision: Govt Forms Working Group

January 2, 2025 15:01

The Indian government has constituted a working group to revise the Wholesale Price Index (WPI) base year from 2011-12 to 2022-23, aiming to reflect current economic realities.

India's Non-Life Insurance Industry: Double-Digit Growth in 2025

January 2, 2025 12:44

India's non-life insurance industry is poised for double-digit growth in 2025, fueled by regulatory changes, innovative products, and increased penetration. Experts highlight the importance of GST...

India's Exporters Face Liquidity Crisis: CII

January 2, 2025 11:15

CII's Sanjay Budhia highlights high interest rates and declining export finance as major challenges for Indian exporters, impacting their competitiveness. He urges government intervention and bank...

Sensex, Nifty Climb on IT, Bank Gains - Jan 2, 2025

January 2, 2025 10:02

Indian stock markets opened higher on Thursday, boosted by IT and bank stocks. Sensex gained 242.95 points to 78,750.36, while Nifty rose by 69.25 points to 23,812.15.

Andhra CM Naidu's Wealth Linked to Family Dairy Firm

January 1, 2025 19:37

Andhra Pradesh CM N Chandrababu Naidu's wealth is largely attributed to his family's shares in Heritage Foods, a dairy retailer established in the 1990s. Learn more about the company's growth and...

FinMin Urges Banks & Insurance to Expedite Grievance Resolution

January 1, 2025 18:18

India's Finance Ministry calls on public sector banks and insurance companies to speed up resolution of customer complaints, emphasizing quality and timeliness.

UPI App Market Cap Deadline Extended to 2026

January 1, 2025 17:27

NPCI extends the 30% volume cap deadline for UPI apps like PhonePe and Google Pay by two years to December 2026, giving them more time to comply.

Sensex, Nifty Rise on New Year: Bluechip Buying Fuels Rally

January 1, 2025 17:10

Indian stock markets opened 2025 on a positive note, with Sensex and Nifty closing higher on Wednesday. Bluechip buying and positive economic data fueled the rally. Read more.

Rupee Ends Flat at 85.64 Against US Dollar - 2025

January 1, 2025 16:14

The Indian rupee ended flat at 85.64 against the US dollar in the first session of 2025, with gains from positive domestic equities offset by unabated foreign fund outflows.

Sensex, Nifty Rise in First 2025 Session | Stock Market News

January 1, 2025 16:00

Indian stock markets opened 2025 on a positive note, with Sensex and Nifty gaining ground on buying in blue-chip stocks. Blue-chip stocks like Maruti, Mahindra & Mahindra, and Larsen & Toubro led...

India's Tobacco Exports to Cross Rs 13,000 Cr This Year

January 1, 2025 15:58

India's tobacco exports are projected to exceed Rs 13,000 crore this year, driven by increased production and government support for farmers.

Housing Prices 2025: Modest Growth Expected

January 1, 2025 12:44

Real estate experts predict a modest price rise in India's housing market in 2025, following a strong 2024. The forecast considers factors like RBI interest rates and government initiatives.

Corporate India in 2024: Mergers, Farewells, and Controversies

January 1, 2025 11:05

2024 was a year of significant events for Indian corporations, marked by mergers, acquisitions, farewells, and controversies. Explore the key developments that shaped the year.

India's Economy: Healthy Growth Expected, Rate Cut Likely

January 1, 2025 10:45

India's economy is expected to rebound with healthy growth in 2025, driven by festival spending and rural demand. A rate cut is possible in February, and the Union Budget will outline the economic...

Sensex, Nifty Down in First 2025 Session: Foreign Fund Outflows Bite

January 1, 2025 10:11

Indian stock markets opened lower on Wednesday, led by continued foreign fund outflows and investor caution ahead of earnings season. Sensex fell 171.81 points, while Nifty dipped 46.4 points.

Rupee Falls to 85.69 Against US Dollar: Early Trade Update

January 1, 2025 10:04

The Indian rupee depreciated 5 paise to 85.69 against the US dollar in early trade on Wednesday, driven by the strong US dollar and foreign fund outflows. Forex traders cited the Federal Reserve's...

IFC, ADB, DEG Get CCI Clearance for Fourth Partner Energy Stake

December 31, 2024 20:26

CCI approves IFC, ADB, and DEG's investment in Fourth Partner Energy, a leading Indian renewable energy company, to fund expansion plans.

HP to Pilot Digitize Milk Procurement in 10 Societies

December 31, 2024 20:12

Himachal Pradesh will pilot digitizing milk procurement in 10 societies to improve transparency, efficiency, and farmer benefits.

Small Savings Rates Unchanged for Jan-Mar 2025

December 31, 2024 18:46

The government has kept interest rates unchanged on small savings schemes like PPF, NSC, and Sukanya Samriddhi for the fourth consecutive quarter, starting January 1, 2025.

Gold Price Drops Below Rs 79,000: Weak Demand & Dollar Strength

December 31, 2024 18:26

Gold prices in India fell below Rs 79,000 per 10 grams on Tuesday, driven by lower demand and a stronger US dollar. Silver prices also slumped.

NaBFID Invests Rs 745 Crore in NDR InvIT Bonds

December 31, 2024 18:03

NaBFID invests Rs 745 crore in long-term bonds issued by NDR InvIT, accelerating the company's growth plans in India's warehousing and industrial parks sector. The investment comes amid soaring...

WhatsApp Pay Now Open to All UPI Users in India

December 31, 2024 17:50

NPCI has lifted the limit on WhatsApp Pay UPI user onboarding, allowing the app to extend services to its entire user base in India.

Sensex, Nifty Close 2024 with 8% Gains, End Lower

December 31, 2024 17:39

Sensex and Nifty ended lower on the final trading day of 2024, despite gaining over 8% for the year. Foreign fund outflows and weak global markets weighed on sentiment.

Indian Stock Market Soars in 2024: Sensex Gains 8%, Investors Wealth Up Rs 77.66 Lakh Crore

December 31, 2024 17:36

India's stock market closed 2024 with impressive gains, boosting investor wealth by a massive Rs 77.66 lakh crore. Sensex surged over 8%, marking Nifty's ninth consecutive year of positive returns.

Rupee Hits Record Low of 85.65 Against US Dollar

December 31, 2024 16:22

The Indian rupee fell to an all-time closing low of 85.65 against the US dollar on Tuesday, driven by foreign fund outflows, a strong greenback, and rising oil prices. The rupee has depreciated...

India Faces Challenges in WB's B-Ready Report: GTRI

December 31, 2024 16:04

GTRI predicts India may face challenges in achieving good scores in the World Bank's B-Ready report, particularly in areas like business entry, labour regulations, and international trade.

Sensex Ends 2024 With 8% Gains, Declines 109 Points Today

December 31, 2024 15:58

The Sensex closed lower on Tuesday, but ended 2024 with over 8% gains. Foreign fund outflows and weak global markets weighed on the index. Nifty also closed marginally lower.

Gold Price Forecast: To Hit Rs 90,000 in 2025? | News

December 31, 2024 10:30

Gold price is expected to rise to Rs 85,000 per 10 grams in 2025, with potential to reach Rs 90,000 on global cues and geopolitical tensions. Experts say central bank purchases and low interest...

Rupee Falls 9 Paise to 85.61 vs US Dollar

December 31, 2024 10:02

The Indian rupee weakened against the US dollar in early trade on Tuesday, driven by a strengthening dollar and weak domestic equities. The Federal Reserve's stance and the 'Trump factor' are...

Sensex, Nifty Decline: Foreign Fund Outflows, Weak Global Trends

December 31, 2024 09:54

Indian stock markets witnessed a decline in early trade, driven by foreign fund outflows and weak global trends. Sensex and Nifty fell, with IT stocks among the major laggards.

RBI Approves Rajat Verma as DBS Bank India CEO

December 30, 2024 19:41

The Reserve Bank of India has approved Rajat Verma as the new CEO of DBS Bank India, succeeding Surojit Shome who retires in February 2025.

Banks to Offer Beneficiary Name Lookup in NEFT, RTGS by April 1

December 30, 2024 18:29

RBI mandates banks to provide beneficiary account name verification facility for NEFT & RTGS transactions by April 1, 2025, to prevent fraud and errors.

Cyber Frauds & Mule Accounts: RBI Warns of Rising Risk

December 30, 2024 18:19

The Reserve Bank of India (RBI) warns of increasing cyber fraud and the need to identify mule accounts. Digital transactions have led to a surge in fraud, with the amount involved increasing by...

Bank NPAs at 12-Year Low: RBI Report

December 30, 2024 18:06

RBI reports bank asset quality improved, with GNPA ratio reaching a 12-year low of 2.6% in September 2024. Read about the key factors driving this positive trend.

Indian Economy to Improve in 2025: RBI Governor

December 30, 2024 16:47

RBI Governor Sanjay Malhotra expects Indian economy to improve in 2025, citing high consumer and business confidence. Global uncertainties remain, but inflation is expected to decline, leading to...

India's Labour Reforms & Social Security in 2025

December 30, 2024 16:19

India's government plans to prioritize labor reforms, social security for informal workers, and transformative policies in 2025 to boost the economy and empower workers. Key focus areas include...

Rupee Falls 4 Paise to 85.52 vs Dollar

December 30, 2024 16:00

The Indian rupee weakened against the US dollar on Monday, driven by dollar demand from importers, foreign fund outflows and a muted trend in domestic equities.

India's GDP to Grow 6.6% in FY25: RBI Report

December 30, 2024 16:00

The Indian economy is projected to grow at 6.6% in 2024-25, driven by rural consumption, government spending, and strong service exports, according to the RBI's Financial Stability Report.

Stock Market Decline: Foreign Outflows, Weak Global Trends

December 30, 2024 15:57

Indian stock markets fell on Monday due to foreign fund outflows, weak global trends, and selling in blue-chip stocks. Sensex dropped 451 points, while Nifty declined 168 points.

India's Labour Reforms and Social Security Plans for 2025

December 30, 2024 10:05

India plans to implement labour codes, provide social security to informal workers, and introduce transformative policies in 2025 to boost the economy.

Rupee Falls to 85.53 Against US Dollar: Reasons & Impact

December 30, 2024 09:57

The Indian rupee fell 5 paise to 85.53 against the US dollar in early trade, driven by dollar demand, foreign fund outflows and weak domestic equities. Learn more about the factors influencing the...

Indian Markets Decline Amid FII Outflows, Weak Global Trends

December 30, 2024 09:50

Indian benchmark indices Sensex and Nifty declined in early trade due to foreign fund outflows and weak global markets. Infosys, Mahindra & Mahindra, and HCL Technologies were among the biggest...

EEPC India Proposes 'Faceless' GST Audit System

December 29, 2024 20:43

EEPC India advocates for a 'faceless' GST audit system to streamline procedures and reduce compliance costs for businesses, aiming to boost ease of doing business in India.

High Employee Attrition in Private Banks: RBI Report

December 29, 2024 15:47

RBI report highlights high employee attrition in private banks, reaching 25%, posing operational risks. The report urges banks to implement strategies to reduce turnover and enhance employee...

Rupee Falls 3% in 2024, Outlook Stable for 2025

December 29, 2024 12:32

The Indian rupee depreciated by 3% in 2024 due to global factors, but is expected to stabilize in 2025. Experts attribute the fall to a strong US dollar and FII outflows.

India Cancels Critical Mineral Auction Due to Low Response

December 29, 2024 11:01

The Indian government has cancelled the auction of 11 critical mineral blocks due to poor response, highlighting the challenges in securing vital resources for green energy and technology.

Indian Economy to Grow 6.5-6.8% in FY25: Deloitte

December 29, 2024 10:45

Deloitte forecasts India's economy to grow at 6.5-6.8% in FY25, driven by domestic consumption, despite global headwinds. The report highlights key sectors like manufacturing, services, and capital...

Rupee Tumbles 3% in 2024: Outlook for 2025

December 29, 2024 10:40

The Indian rupee depreciated 3% against the US dollar in 2024, but is expected to stabilize in 2025. Experts discuss factors impacting the rupee.

Top 10 Indian Firms Mcap: HDFC Bank, RIL Gain - Business News

December 29, 2024 10:20

Six of India's top 10 most valued companies saw a combined market cap increase of Rs 86,847.88 crore last week, with HDFC Bank and Reliance Industries leading the gains.

Vodafone Idea Gets Bank Guarantee Waiver for Spectrum Auctions

December 28, 2024 23:44

Vodafone Idea (VIL) has received relief from the Department of Telecom (DoT) with the waiver of bank guarantees for spectrum auctions held prior to 2021. This will boost 4G and 5G investments in...

Credila Financial Services Files IPO Papers with Sebi

December 28, 2024 18:22

Edu loan provider Credila Financial Services Ltd, formerly known as HDFC Credila, has filed IPO papers with Sebi. The company, backed by EQT and ChrysCapital, saw impressive growth in FY24.

WEF Annual Meeting 2025: Indian Ministers, CMs to Attend in Davos

December 28, 2024 16:53

Several Union Ministers and Chief Ministers from India will join world leaders at the World Economic Forum (WEF) Annual Meeting in Davos, Switzerland, in January 2025, for discussions on...

Manmohan Singh's Cheque for Rupee Devaluation Gains

December 27, 2024 18:51

Manmohan Singh, the former Indian PM, deposited his gains from rupee devaluation in 1991 into the Prime Minister National Relief Fund. Read about his selfless act and his legacy as an economist and...

India's CAD Moderates to 1.2% of GDP in Q2: RBI

December 27, 2024 18:04

India's current account deficit (CAD) moderated to USD 11.2 billion (1.2% of GDP) in Q2 2024-25, according to Reserve Bank data. Read more.

India's Forex Reserves Drop to USD 644.391 Billion

December 27, 2024 17:31

India's foreign exchange reserves declined by USD 8.478 billion to USD 644.391 billion in the week ending December 20, according to the RBI. The decline has been attributed to revaluation and forex...

Gold Price Jumps Rs 350 to Rs 79,200 Per 10 gm, Silver Surges Rs 900

December 27, 2024 17:30

Gold prices surged on Friday in the national capital on the back of continued buying by jewellers and depreciation in the rupee. Silver also rallied for the fourth straight session, surging Rs 900...

Sensex Rises 226 Points on Auto, Bank Gains - PTI

December 27, 2024 17:03

Indian benchmark BSE Sensex rose on Friday led by auto and banking stocks, despite FII outflows and a record rupee fall. Nifty closed above 23,800. Mahindra & Mahindra, IndusInd Bank, Bajaj...

RBI Allows UPI Payments via Prepaid Instruments

December 27, 2024 16:34

The Reserve Bank of India (RBI) has permitted UPI transactions using prepaid payment instruments (PPIs) through third-party apps, enabling more flexibility for PPI holders.

Rupee Hits Record Low of 85.50 vs Dollar

December 27, 2024 16:15

The Indian rupee fell to a record low of 85.50 against the US dollar on Friday, driven by a strong greenback and increased month-end demand from banks and importers. The central bank's stance on...

Sensex, Nifty Rise on Bank, Auto Stocks - Dec 27

December 27, 2024 15:54

Indian stock markets closed higher on Friday, driven by gains in bank and auto sectors. Sensex rose 0.29% to 78,699.07, while Nifty climbed 0.27% to 23,813.40.

Neilsoft Files IPO Papers with Sebi to Raise Funds

December 27, 2024 15:36

Neilsoft, a technology-driven engineering services company, has filed draft papers with Sebi to raise funds through an IPO. The IPO comprises a fresh issue and an offer for sale by promoters.

Manmohan Singh Encouraged Technocrats in Govt: Rakesh Mohan

December 27, 2024 15:34

EAC-PM member Rakesh Mohan remembers former PM Manmohan Singh's encouragement for young technocrats to join government & play a role in policy-making.

WABAG Wins Rs 700 Cr Order for Zambia Wastewater Plants

December 27, 2024 15:16

VA Tech WABAG secures a Rs 700 crore order to build two wastewater treatment plants in Zambia, marking its entry into the African nation. The project will utilize green energy sources and...

Rupee Hits All-Time Low: 85.80 vs US Dollar

December 27, 2024 13:40

The Indian Rupee plunged to a record low of 85.80 against the US dollar on Friday, driven by rising US bond yields and foreign investor selling. Read more.

DAM Capital Stock Surges 39% on Debut

December 27, 2024 11:11

DAM Capital Advisors Ltd stock listed with a 39% premium on its debut trade, surging to Rs 456.90 on the BSE. The IPO was oversubscribed 81.88 times.

PSU Banks Profit: Rs 1.5 Lakh Cr Forecast, Deposit Concerns

December 27, 2024 11:01

Public sector banks (PSBs) in India are projected to exceed Rs 1.5 lakh crore in profit for FY'25, driven by low NPAs and credit growth. However, slow deposit mobilization remains a concern.

Manmohan Singh: Reformer & Great Leader - Kaushik Basu

December 27, 2024 10:32

Former CEA Kaushik Basu hails Manmohan Singh as a transformational leader who spearheaded India's economic reforms in the 90s, leaving a lasting impact on the nation.

Manmohan Singh: Visionary Economist & Leader - Rajan

December 27, 2024 10:11

Raghuram Rajan remembers Manmohan Singh as a visionary economist, architect of India's economic reforms, and a man of integrity.

Sensex, Nifty Rise on Bank Stocks, Asian Markets Rally - PTI

December 27, 2024 09:52

Indian stock markets opened higher on Friday, driven by buying in bank stocks and a positive trend in Asian markets. Sensex gained 311 points while Nifty climbed 98 points.

Manmohan Singh: Architect of India's Economic Reforms

December 26, 2024 23:48

Manmohan Singh, the architect of India's economic reforms, passed away at 92. He led India through a period of economic liberalization and growth, impacting millions.

Madhya Pradesh HC Stays Religare AGM Amid Burman Family Tussle

December 26, 2024 19:42

Madhya Pradesh High Court has stayed the Dec 31 AGM of Religare Enterprises Ltd, amidst a dispute between Chairperson Rashmi Saluja and the Burman family over an open offer.

Agriculture Secretary Promotes Traditional Seeds for Climate Resilience

December 26, 2024 19:12

India's Agriculture Secretary advocates for promoting traditional seed varieties in rainfed areas to enhance climate resilience and preserve agro-biodiversity.

Company Name
Price
Volume

Vodafone Idea L
7.74 ( -0.13)
62904847

Srestha Finvest
0.70 ( -4.11)
22071431

YES Bank Ltd.
17.12 ( -4.73)
20662114

G G Engineering
1.44 (+ 7.46)
19598880

AvanceTechnologies
0.75 ( -6.25)
18326493

Mutual Funds Raise Rs 1.18 Lakh Cr via NFOs in...

Mutual funds raised Rs 1.18 lakh crore via NFOs in 2024, with thematic funds dominating...

Aragen Secures $100 Million Funding from...

Aragen, a contract research, development and manufacturing organization, has secured...

Sensex, Nifty Plunge on Oil Surge, FII Outflows

Indian stock markets, Sensex and Nifty, fell sharply due to rising crude oil prices,...

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Sensex, Nifty Plunge on Oil Surge, FII Outflows

Rupee Hits Record Low at 86.62 Against US Dollar

Rupee Hits Record Low of 86.59 Against US Dollar

India Corporate Credit Outlook: Steady Growth & Rate Cuts in 2025 - Fitch

CARE Upgrades Inox Wind Banking Facilities Ratings

Rupee Hits Record Low: 86.31 Against US Dollar

FinMin Reviews Financial Inclusion Schemes, Meets Bank Heads

CII Proposes 10-Point Ease of Doing Business Agenda Ahead of Budget

Chennai Ranked Top 3 City for Women's Inclusion: Study

AIFs Seek Govt Funds for Deep-Tech Startups

NCLAT Dismisses Appeal to Stay Indrajit Power Insolvency

Indian Markets: Q3 Earnings, Inflation, FII Activity Key

Top 10 Indian Firms Mcap: HDFC Bank Hit Hard, TCS Gains

UK Seeks 'Common Ground' with China on Trade

Supertech Township Projects Insolvency: NCLAT to Decide

IBBI Mandates eBKray Auction Platform for Liquidation Assets

RBI Makes Fixed Interest Rate Loans Mandatory for Banks

Neelkanth Mishra Urges India to Seek Chinese Investments

Indian Market Slumps: Investors Lose Rs 12 Lakh Crore

Gold Price Rises to Rs 80,550/10 gm, Silver Trades Flat

India Economy to Grow 6.6% in 2025: UN

Vedanta Resources Secures USD 300 Million Loan for Debt Refinancing

India's Forex Reserves Drop to $634.58 Billion

Niti Aayog Seeks Balance: Govt vs Corp Debt Markets

Sensex, Nifty Drop for 3rd Day: Crude Surge, FII Outflows Hit Markets

SBI Chairman Calls for Institution to Track Small Business Fund Use

Capital Market Fundraising to Surge 21% in FY25: Sebi Chief

India Economy to Grow 6.6% in 2025: UN Report

Sensex, Nifty Slip on Foreign Fund Outflows: Markets Update

IOB to Sell Rs 11,500 Crore NPAs to ARCs

Pakistan's Debt & Balance of Payments Under Control: SBP

Puravankara Buys Land for Rs 700 Cr Housing Project in Bengaluru

Freebies vs Amenities: Panagariya on Citizen Choice

KredX Launches TReDS Platform DTX with RBI Approval

Gold Price Rises to Rs 80,300: Global Cues Drive Surge

Bank Officers' Union Threatens Nationwide Strike

Sensex, Nifty Fall on Foreign Fund Outflows, TCS Earnings in Focus

India's Gold Import Data Revised Due to Software Error

LenDenClub Launches Daily Earning Loans for P2P Lenders

Women-Centric Fintech Startups: RBIH &amp; IIMA Launch Swanari TechSprint 3.0

Mercedes-Benz India Reports Record Sales in 2024, Plans 8 New Models

Indian Markets Decline on Foreign Fund Outflows

DPIIT Seeks Ways to Boost FDI in India

MFIs Seek Govt Support Amid Rising Delinquencies

RBI Lifts Restrictions on Asirvad Micro Finance, DMI Finance

RBI Interest Rate Cut Expected, Budget Focus on Job Creation: CII

Gold Surges to Rs 80,000, Silver Rallies - India News

Paisalo Digital Surpasses Rs 3,400 Cr in Transactions, Serving 59 Lakh Customers

Indian Markets Slip on GDP Growth Projections - HDFC, ICICI Bank Lead Decline

India's GDP Growth to Slow to 6.3% in FY25: SBI Report

MFI Portfolio Declines, Bad Assets Rise in Sept Quarter: Report

Future of Jobs 2025: Farm Workers, Drivers Up, Cashiers Down

Draft DPDP Rules 2025: Explained, Data Protection in India

Indian Markets Decline on FII Outflows, Earnings Season Caution

Rupee Hits Record Low of 85.83 Against US Dollar

SBI Chairman, Uday Kotak Join NIIF Governing Council

Fintechs urged to innovate, comply: DFS Secy

RBI Announces Global Hackathon Winners: Zero Fraud & Accessibility

Puravankara Appoints Deepak Rastogi as Group CFO

e-Shram Portal Now Available in 22 Languages

Exim Bank India Raises USD 1 Billion from Overseas

India GDP Growth Forecast: 6.2% in FY25, HSBC Says

FinMin Meeting on Microfinance: Rising Bad Loans & Delinquencies

Tata Digital Launches Fixed Deposit Marketplace on Tata Neu

Bank Profits to Moderate in FY26 as Bad Assets Rise: Ind-Ra

Sensex, Nifty Rebound After Decline: Reliance, ICICI Bank Rally

India's Economy Projected to Grow 6.4% in 2024-25

UAE Extends USD 2 Billion Payment for Pakistan

ASK Property Fund & Sotheby's Launch ₹1,000 Cr Luxury Housing Fund

Sensex, Nifty Rebound After Sharp Decline - PTI

Rupee Falls 7 Paise to 85.75 Against US Dollar

Capital Infra Trust IPO: Rs 703 Crore Mobilized from Anchor Investors

Quadrant Future Tek Raises Rs 130 Crore Ahead of IPO

DHFL Loan Scam: 5 Accused Seek Pardon in Delhi Court - Jan 13 Hearing

Rural Women Entrepreneurs: Financial Reforms Needed - Govt Official

Securitisation Volumes Surge 80% in Q3: Icra

J&K Bank Q3 Report: Higher Deposits, Lower Loan Growth

Assam CM Exhorts Industry to Not Hire Illegal Bangladeshi Migrants

RBI Adds 8 Tons Gold to Reserves in Nov 2024: WGC

Women-Centric Fintech Startups: RBIH & IIMA Launch Swanari TechSprint 3.0

J&K to Reduce Power Losses, Speed Up Metering: Omar Abdullah

Gold Price Drops Below Rs 79,000: Weak Demand & Dollar Strength