Finance

According to the guidelines, SFBs seeking to transition into Universal Banks must meet specific eligibility criteria. Firstly, they must maintain a satisfactory track record of performance for a minimum of five years.

Rob, Jim, and Alice Walton's fortunes have more than doubled to more than $72 billion each, making them richer as a trio than Jeff Bezos or Elon Musk.

India's forex reserves decreased USD 2.282 billion to USD 640.334 billion for the seven days ended April 19 in the second co...

The rupee declined 7 paise to close at 83.35 (provisional) against the US dollar on Friday as a strengthening American currency overseas and a selloff in domestic equities weighed on the local unit. Besides, rising crude prices in the international market and risk-averse sentiment dragged the local unit down, forex traders said.

New Delhi, S&P Global Ratings on Friday said RBI's regulatory action on Kotak Mahindra Bank could restrain the lender's cred...

He's said to be buying a Westport 164 from his friend Tilman Fertitta, a Jefferies client.

Meta shares tumbled ahead of Thursday's opening bell, paving the way for a big chunk of Mark Zuckerberg's net worth to be erased.

It's an incredible turnaround for a generation constantly beaten down for making what some deemed to be financially frivolous decisions.

A UK couple discovered a 17th-century coin trove worth $75,000 under the kitchen floor while renovating their farmhouse.

Financial services company Groww has received approval from the Securities Exchange Board of India (SEBI), the country’s securities market regulator to launch the Nifty Non-Cyclical Consumer Index Fund through a new fund offering (NFO). This will be the country’s first non-cyclical index fund and is expected to go live in the first week of May. The minimum investment amount for the NFO will be ₹500 and in multiples of ₹1 for purchases and ₹0.1 for switching.

Shares of Kotak Mahindra Bank on Thursday tanked 13 per cent after the RBI barred the firm from onboarding new customers thr...

The rupee depreciated 6 paise to 83.39 against the US dollar in early trade on Thursday, tracking a negative trend in domestic equities and elevated ...

It paid off nicely to dump stocks nearly a year before the dot-com and housing bubbles burst, B. Riley's Paul Dietrich said.

The RBI on Wednesday barred Kotak Mahindra Bank from onboarding new customers through its online and mobile banking channels...

Declining for the second day in a row, gold prices tumbled by Rs 1,450 to Rs 72,200 per 10 grams in the local market here due to profit-taking by traders and weak global trends. Silver prices also tanked by Rs 2,300 per kg. According to HDFC Securities, gold prices declined by Rs 1,450 to Rs 72,200 per 10 grams in Delhi. The precious metal had closed at Rs 73,650 per 10 grams in the previous session.

The rupee appreciated by 3 paise to close at 83.33 (provisional) against the US dollar on Tuesday on positive domestic markets and a soft American cu...

Tesla stock has tanked by about 66% since late 2021, slashing Elon Musk's fortune from $340 billion at its peak to below $165 billion.

The NYSE has polled market participants about the merits of round-the-clock trading, the Financial Times reported.

Peak boomers' retirement struggles might end up being a wake-up call for younger generations.

Wole Coaxum left his high-level job at JP Morgan to start a B Corporation that distributes guaranteed basic income payments across the country.

When Audax Group's private equity arm bought a chain of schools specializing in autistic students, parents saw diminished services and added stress

The rupee rises by 7 paise to close at 83.37 (provisional) against the US dollar on Monday on positive domestic markets and a soft American currency. Forex traders said a decline in crude oil prices also supported the local unit. At the interbank foreign exchange market, the local unit opened at 83.40 against the greenback. The unit hit an intra-day high of 83.32 and a low of 83.45 against the greenback.