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2 mins read
Indian stock market will be looking at global cues in upcoming week, say analysts
After witnessing a strong rally on Friday, several market analysts have expressed a positive outloo…
ANI
2 mins read
FADA urges banks to tighten funding to dealers as rains play spoilsport in August
Auto sales in India experienced a significant decline in August 2024, primarily due to excessive ra…
1 min read
The Archegos disaster isn't over yet for banks as the feds reportedly revive criminal antitrust probe
Wall Street banks that lost billions in the 2021 Archegos collapse are being probed for potential a…
Filip De Mott
1 min read
Post-rate cut bubble risks mean investors should buy bonds and gold, Bank of America says
With new easing cycle from the Fed kicking off, tech "bubble risks" are back, Bank of America strat…
Kelly Cloonan
2 mins read
Tyson's finance chief is out of the job. The Tyson heir got the gig at 32, making him the youngest Fortune 500 CFO.
John Randal Tyson, an heir of founder John W. Tyson, will not return to his executive role at Tyson…
Shubhangi Goel
3 mins read
Sensex, Nifty edge up in volatile trade ahead of US Fed chief speech
In early trade, the benchmark declined 169.93 points or 0.20 per cent to a low of 80,883.26. La…
PTI
3 mins read
RBI to focus on disinflation, food inflation sticky to core, note RBI's MPC minutes
The fiftieth meeting, conducted under Section 45ZB of the RBI Act, 1934, ended with the decision to…
ANI
2 mins read
A lone dissenting vote on the Fed's rate cut marks the first split by a central bank governor in 2 decades
The Fed's decision to cut rates by 50 basis points garnered support from 11 of 12 voting members, w…
Kelly Cloonan
2 mins read
Rupee trades in narrow range against US dollar in early trade
In Thursday's trading, the Indian rupee experienced a slight decline amid conflicting influences, i…
PTI
1 min read
Stock market: Sensex and Nifty reach record levels, cross 82,000 and 25,000 point marks respectively!
Benchmark BSE Sensex jumped 388 points to breach the 82,000-level for the first time while broader …
PTI
1 min read
Billionaire investor Ray Dalio warns debt is being devalued as governments pile it up and central banks keep rates artificially low
Ray Dalio says he is worried by the amount of debt held globally, and how central banks are using i…
Kelly Cloonan
3 mins read
CPI inflation drops to lowest in five years but road ahead could be bumpy: SBI Report
India's CPI inflation dropped to 3.54% in July 2024, the lowest in nearly five years, due to a sign…
ANI
2 mins read
Gold rallies Rs 550; silver jumps Rs 400 amid strong global cues
Gold prices rallied by Rs 550 to Rs 75,700 per 10 grams in the local market on Tuesday on the back …
PTI
2 mins read
What has changed for your credit cards, starting today?
Starting today, RBIs new rules mandate that all credit card transactions in the country be processe…
1 min read
Rupee trades flat 83.49 against US dollar in early session
Powell's testimony offered little new guidance on the US central bank's plans for when it mig…
PTI
2 mins read
A crypto scam sank a Kansas bank and got its CEO sent to jail for 24 years
The CEO of a small Kansas was sentenced to 24 years in prison after getting caught in a crypto "pig…
Kelly Cloonan
3 mins read
Federal Bank Q3 consolidated profit jumps 23% to Rs 1,035 cr
Federal Bank on Tuesday reported 23 per cent increase in consolidated net profit at Rs 1,035.42 cro…
PTI
1 min read
Federal Bank's Q2 net profit rises 36% to ₹954 crore
Private sector lender Federal Bank on Monday reported a 35.54 per cent jump in standalone net profi…
PTI
3 mins read
FIU imposes over Rs 1.66 crore fine on Axis Bank for failing to detect fraud NSG account
The Financial Intelligence Unit has slapped a fine of more than Rs 1.66 crore on Axis Bank for "fai…
PTI
1 min read
Why the Fed won't cut rates until December, according to Bank of America
"We think the Fed can be patient," Bank of America economists wrote in new research.