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6 mins read

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

The growth rate of bank deposits in India has been slowing, largely outpaced by credit growth. But …

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1 min read

Blackstone-owned International Gemmological Institute files for Rs 4,000-cr IPO

IGI is the world's second largest independent certification and accreditation services provider bas…

PTI   


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2 mins read

Stock market today: Indexes fall from records as chip rout drags tech shares lower

Dutch firm ASML led the semiconductor rout, falling 16% after it cut 2025 sales guidance.

Filip De Mott   


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2 mins read

Don’t need to raise more capital immediately, says Axis Bank’s CEO Amitabh Chaudhry

Axis Bank will not need to raise more capital after the Reserve Bank of India mandated banks to inc…

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1 min read

Axis Bank Q2 net profit rises 10 pc to Rs 5,863 crore

Private sector lender Axis Bank on Wednesday reported a 10 per cent rise in net profit at Rs 5,863 …

PTI   


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2 mins read

TD Bank falls 8% after it faces $3 billion fine and growth caps over charges of enabling fentanyl-linked money laundering scheme

A Chinese drug cartel that was selling fentanyl bribed TD Bank branch employees in New York and New…

Matthew Fox   


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2 mins read

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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2 mins read

Nifty, Sensex trade flat dragged by financial stocks

Equity benchmark indices, the Nifty and the Sensex declined in early trade on Friday but recovered …

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3 mins read

India may boost FY25 capex by 8-10% amid surging revenues and record RBI surplus, says Market Kaleidoscope report

This fiscal boost comes as India reaches a historic financial milestone. The total market capitaliz…

ANI   


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1 min read

JPMorgan CEO Jamie Dimon sells off $150 million of shares in first-ever sale since taking over the banking giant

Jamie Dimon became CEO of the banking giant JPMorgan Chase in 2006, and the company's value has tri…

Katherine Tangalakis-Lippert   


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2 mins read

Gen Z's love of discount stores could send these 3 retail stocks soaring as much as 18%, Bank of America says

Amid high inflation, Millennials and Gen Z are increasingly shopping at TJ Maxx, Burlington, and Ro…

Kelly Cloonan   


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4 mins read

Axis Bank shares under pressure after Q4 net loss; analysts upbeat on the lender

During the March quarter, the lender reported an exceptional item of ₹12,490 crore, which went i…

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1 min read

Global cyber outage: Banks, payments systems unaffected by Microsoft outage

HDFC Bank, the biggest among the private sector lenders, also said that it has not faced any impact…

PTI   


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1 min read

Sensex, Nifty rebound as Reliance, ITC shares rally

Benchmark equity indices Sensex and Nifty rebounded on Wednesday, propelled by bargain hunting in i…

PTI   


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5 mins read

Axis Bank Q3 net profit grows 62% YoY to ₹5,853 crore, beats expectations even as provisions and slippages rise

Axis Bank on Monday reported a standalone net profit of ₹5,853 crore in Q3, registering a growth of…

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2 mins read

Stock market today: Sensex tops 80,000 for the first time; HDFC and Kotak Bank take lead

HDFC, Axis, ICICI, Kotak Bank, and Britannia were among the early gainers on the market today, whil…

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2 mins read

Stock Market Today: Maruti, Grasim, and Eicher Motors take lead in early trade

Continuing its momentum from yesterday, Maruti opened the day in green and was up by 1.66%. Grasim,…

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2 mins read

Sensex, Nifty snap 3-day winning run on selling in IT, banking shares

The broader Nifty of NSE declined 92.05 points or 0.42 per cent to 22,004.70 as 30 of its consti…

PTI   


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2 mins read

Electric two-wheeler adoption in India rising, 13% share expected by 2026-27: Jefferies

The adoption of electric two-wheeler vehicles in India is on a gradual rise and it is expected that…

ANI   


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7 mins read

3 couples who recently got mortgage interest rates under 3% share how they did it

The homebuyers are using the savings from their low-interest-rate mortgages to pay down debt and co…

Alcynna Lloyd