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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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2 mins read

Anil Ambani's Reliance Group starts transformation journey, achieves near zero-debt

Reliance Infra announced a significant reduction in standalone external debt, lowering it from Rs 3…

PTI   


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Sensex, Nifty close lower amid massive selling in heavyweight stocks, mixed global cues

Mumbai's Sensex and Nifty indices fell for the sixth consecutive session, influenced by significant…

PTI   


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BBG Ventures raises $60 million for its latest fund and moves beyond just backing female founders

BBG Ventures raises a $60 million fund and adds new investors like Pivotal Ventures, California End…

Leena Rao   


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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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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   


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4 mins read

USD 1 trillion a year needed for developing nations by 2030: High-Level Group on Climate Finance

The report comes a day after several wealthy nations, including Germany, Canada, France and the Net…

PTI   


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1 min read

Sensex, Nifty climb in early trade on rally in global markets, foreign fund inflows

The 30-share BSE Sensex climbed 241.68 points to 81,801.22 in early trade. The NSE Nifty went up 78…

PTI   


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Sensex and Nifty fall sharply on inflation and foreign fund exodus, marking multi-month lows with five-day losing streak

Both the Sensex and Nifty faced significant losses on November 13, driven by a combination of weak …

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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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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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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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7 mins read

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

India's microfinance sector faces increasing challenges due to rising defaults, affecting the stabi…

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World Bank raises GDP projection, says India to keep its fastest-growing economy tag

The World Bank has upwardly revised India's GDP growth forecast for the current financial year 2024…

ANI   


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Paytm can onboard new UPI users again, receives NPCI nod months after RBI restrictions

Paytm's parent company, One97 Communications Ltd, has received approval from the National Payments …

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1 min read

SBI raises lending rates by 5 to 10 basis points; New loans to cost more

The State Bank of India (SBI) on Monday announced an increase in its Marginal Cost of Funds Based L…

ANI   


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3 mins read

Raising massive financial resources for net-zero goal unprecedented challenge: Economic Survey

Reaching net zero means achieving a balance between greenhouse gas emissions and the amount of thes…

PTI   


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Sectoral funds rake in Rs 18,117.18 crore during the month, debt schemes see more inflows than equities, notes AMFI data for August

This takes the total tally of existing sectoral fund schemes to 179. The next category with most sc…

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3 mins read

4 trends to watch this bank earnings season

JPMorgan kicks off bank earnings on Friday. All eyes will be on what lower interest rates may mean …

Kaja Whitehouse