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4 mins read

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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3 mins read

Working-age Indian population rising; expected at around 64% in next census: SBI Research

The administrative work to hold the long-delayed countrywide census is underway. The last decadal c…

ANI   


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3 mins read

RBI unlikely to cut interest rate in 2024, food inflation to be deciding factor, says SBI chief Setty

T​​​​he US Federal Reserve's first cut in interest rates in more than four years happened today, tr…

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1 min read

Ventive Hospitality files papers with Sebi to raise Rs 2,000-cr via IPO

Also, the company may consider a pre-IPO placement aggregating up to Rs 400 crore. If such plac…

PTI   


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2 mins read

SBI Research anticipates Q1 GDP growth at 7.1%, in line with RBI forecast

Indian economy is expected to grow at 7.0-7.1% in the April-June period, the first quarter of 2024-…

ANI   


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2 mins read

Centre approves appointments of new Chairman, Managing Director of State Bank of India

The central government approved Challa Sreenivasulu Setty as the new Chairman of State Bank of Indi…

ANI   


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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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2 mins read

SEBI places JSW Cement's Rs 4,000-cr IPO on hold for now

The proposed issue involves a new issue of equity shares worth Rs 2,000 crore and an offer-for-sale…

PTI   


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2 mins read

Adani Group to commission first phase of $4 billion PVC petrochemical project by Dec 2026

Polyvinyl chloride (PVC) — the third-most common synthetic plastic polymer made worldwide — is used…

PTI   


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1 min read

SBI net profit declines 35% to Rs 9,164 crore in Q3

India's largest lender State Bank of India on Saturday reported a 35% fall in standalone net profit…

PTI   


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2 mins read

Sensex, Nifty50 likely to open in the red amid volatility: Adani group, SBI Cards, Indigo among stocks to watch

India’s benchmark indices Sensex and Nifty50 are likely to open in the red on Tuesday amid increase…

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2 mins read

Investors' wealth erodes by ₹8.50 lakh crore as markets tumble

Equity investors became poorer by Rs 8.50 lakh crore on Tuesday as markets came under a bear attack…

PTI   


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5 mins read

India’s post-pandemic rise not uneven but shows the rise of the middle class, says SBI report

India’s income inequality has been debated since times immemorial. After the pandemic, the term K-s…

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5 mins read

Sensex, Nifty50 decline after hawkish US Fed chair commentary; RIL, ICICI Bank, TCS among losers

The Sensex closed 0.90% lower at 59,806 while the Nifty50 ended 0.93% lower at 17,589. This comes a…

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2 mins read

NCLAT directs NHAI not to terminate concession agreement of IL&FS group entity

, The National Company Law Appellate Tribunal has directed the National Highways Authority of India…

PTI   


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2 mins read

SBI Eco Research forecasts Q3 FY24 GDP growth at 6.8% amid global complexities

According to their report, the GDP growth is likely to be at 6.8 per cent, based on an unchanged ba…

ANI   


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3 mins read

India's labour market undergoing structural transformation, latest survey data misinterpreted: SBI Research

India's labour market is undergoing a deep structural transformation with self-entrepreneurship acr…

ANI   


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2 mins read

Bihar self-help groups raise the most loans but Andhra tops in loan quality

Farm incomes grew between 1.3-1.7 times in FY22, non-farm income grew between 1.4-1.8 times, accord…

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3 mins read

MSMEs run on promoter’s savings and need insurance as much as other businesses

The Micro, Small & Medium Enterprises (MSMEs) have been contributing significantly to the country’s…

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3 mins read

Sensex, Nifty50 flat in morning trade: Energy, pharma stocks top gainers

India’s benchmark indices Sensex and Nifty50 are likely to open in the red on Wednesday amid negati…