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Nifty, Sensex continue to open flat amid FII sell-off and weak Q2 earning projections

The Nifty 50 and BSE Sensex saw marginal gains, while gains in Nifty FMCG provided some relief.

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Here are the benefits you get with India’s most expensive credit card with a ₹3.54 lakh annual fee

Credit cards have become a major part of India’s financial landscape in recent years. What was once…

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Credit card growth experiencing a slowdown, as borrowers struggle to pay back loans

Growth in credit card spending across the system has dropped to about 13% year-on-year (y-o-y) in A…

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6 mins read

Simply Put: A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?

Indians seem to be depositing less money in banks, and everyone's blaming the stock markets. But ar…

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Small businesses generated 35 million job applications till Aug 2024, 14 million were from women: Report

Notably, over 55 per cent of total job applications for SMB roles came from tier-2 and tier-3 citie…

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1 min read

Fundamental drivers of economy gaining momentum, India on sustainable growth path: RBI Governor Das

In the inaugural address at FIBAC 2024, the governor said that massive changes are taking shape in …

PTI   


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SBI able to support loan growth, lower deposit growth not a challenge: Khara

Some experts have been opining that this is due to flow of savings into higher yielding capit…

PTI   


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Significant decline in job growth in FY24, IT and Textile sector labelled 'job destroyers', notes recent BoB report

India Inc. saw a significant slowdown in employment growth, with an increase of just 1.5% in FY24, …

ANI   


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India needs to create 148 million additional jobs by 2030 given population growth, says IMF DMD Gopinath

Given the scale of what is needed, it is going to require basic reforms including land reforms and …

PTI   


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FDIs may shift to US under Trump 2.0 but it is unlikely to severely impact FDIs inflow to India, says SBI Report

It added that if similar policies are reintroduced in Trump 2.0 also, it could create challenges fo…

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Indian companies are looking to international markets for growth, says CRISIL

In recent years, Indian corporations have significantly ramped up their international operations. A…

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Axis Bank stock tumbles over 5% post Q1 earnings; market valuation erodes by Rs 19,816.9 cr

On the NSE, it slumped 5.08 per cent to settle at Rs 1,176.25. The stock emerged as the biggest lag…

PTI   


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Indian economy could get USD 675 billion due to AI by 2038, study shows

A recent Accenture study highlighted that generative AI could add USD 675 billion to India's econom…

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4 mins read

RBI likely to keep interest rate unchanged at 6.5%, say experts

Reserve Bank of India (RBI) is likely to keep the key interest unchanged at 6.5% on Thursday, and w…

PTI   


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6 mins read

Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans

India's microfinance and unsecured loan sector is facing a crisis with rising NPAs that threaten ov…

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Disney stock surges as rare 3-year forecast sees strong profit growth ahead

Disney rallied after earnings, as investors got a rare three-year forecast that showed the company …

Kelly Cloonan   


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Reddit skyrockets 42% on strong earnings beat and AI-driven growth

Reddit's stock surged Wednesday after posting a solid earnings beat and reporting strong revenue fr…

Kelly Cloonan   


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Wipro announces 1:1 bonus issue; share surges 4% on the back of strong Q2 results

Yesterday, the company posted a solid 21.2% YoY rise in its consolidated net profits, which stood a…

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Axis Bank posts net profit of ₹7,129 cr in March quarter

Total income rose to Rs 35,990 crore in the March quarter of 2023-24 fiscal, from Rs 28,758 cro…

PTI   


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This tiny country says it will give $500 to every adult as an Exxon oil boom supercharges its economy

Guyana, the world's fastest-growing economy after a huge Exxon discovery, is tapping its oil wealth…

Theron Mohamed