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Lower money creation by RBI, substantial rise in banks profits behind decline in loan-to-deposits ratios in banks: Nomura

One of the contributors to the decline in systemic LDR is the lower net money creation by the RBI o…

ANI   


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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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India is likely to benefit if Trump wins US elections, per Nomura Global Research

"We see India as a relative beneficiary, due to its domestic demand-driven growth model and benefit…

ANI   


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Qatar Investment Authority unit, SBI funds, Citigroup biggest buyers in Adani Energy's USD 1 billion QIP

The Rs 8,373.10 crore (USD 1 billion) qualified institutional placement (QIP) of Adani Energy Solut…

PTI   


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The US economy could be on the precipice of triggering a 'vicious feedback loop,' Nomura analysts say

The US unemployment rate has risen sharply while markets are jittery after stocks saw their worst l…

Huileng Tan   


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Medi Assist Healthcare closes debut day with 11% listing gains

Medi Assist Healthcare debuted on the stock exchanges at a 11.2% premium on Tuesday. The grey marke…

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Medi Assist Healthcare IPO subscribed 54% on day 1

As much as 54% of insurance tech company Medi Assist’s initial public offer (IPO) was subscribed by…

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What if Kotak Mahindra Bank acquires IDBI Bank, asks Nomura

Life Insurance Corporation of India along with the government are looking to divest 60.72% in IDBI …

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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   


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Nearly 400 million people in China under full or partial lockdown due to a strict zero-Covid policy

Nearly 400 million people across 45 cities in China are under full or partial lockdown as part of C…

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Will make sure 5G services remain affordable, says Centre

The government will ensure that the 5G plans remain affordable for the public, the minister sa…

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Indian ports witnessed a 4% decline in volume in July: Nomura

India ports saw a decline in port volumes in July even as truck utilisation improved. Adani Ports, …

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HDFC hikes its benchmark lending rate by 25 basis points

Housing Development Finance Corp Ltd hiked its benchmark lending rate by 25 basis points, with effe…

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House of cards: Goldman Sachs cuts MSCI China's earnings growth to zero

Goldman Sachs has cut MSCI China index’s earnings forecast to zero as China’s housing bubble inches…

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Markets are starting to acknowledge the Fed is on track for a hard landing, Nomura strategist says

Yesterday's inflation report has killed expectations for a soft-landing of the US economy, accordin…

Jennifer Sor   


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Nomura to tighten financing for hedge fund clients in the wake of Archegos blowup, new report says

Nomura is limiting margin financing exceptions for some of its hedge fund clients after taking a $2…

Will Daniel   


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Japanese bank Nomura says it's facing a loss of $2 billion as a hedge fund blow up roils markets

The losses may be tied to what the Wall Street Journal called an "unprecedented" $30 billion stock …

Julie Gerstein   


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Reliance Retail, the cash cow for Mukesh Ambani’s RIL, may be hit by the second wave of the pandemic

Reliance Retail is going to face the worst impact of the second wave of COVID-19 in the first quart…