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3 mins read
ICRA forecasts slowdown in India's economy: GDP growth expected to hit six-quarter low in Q1 FY2025
In a rather dampened forecast for the Indian economy, ICRA has forecast a sharp slowdown in India's…
1 min read
Bandhan Bank Q2 profit jumps over 3-fold to Rs 721 crore
Bandhan Bank on Wednesday reported over three- fold jump in net profit at Rs 721 crore for the seco…
PTI
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…
1 min read
Indian stock indices hit fresh high; eyes now on inflation data, Q4 earnings
Indian stock indices started Monday's trade in the green and hit their fresh highs, extending posit…
ANI
3 mins read
RBI unlikely to cut interest rate in 2024, food inflation to be deciding factor, says SBI chief Setty
The US Federal Reserve's first cut in interest rates in more than four years happened today, tr…
2 mins read
RBI unlikely to cut interest rate in 2024: SBI chief Setty
"On the rate front, a lot of central banks are taking independent calls. While Fed rate cut wou…
PTI
2 mins read
RBI retains inflation projection for FY25 at 4.5%
The Reserve Bank, which has been mandated to ensure inflation remains at 4 per cent (with mar…
PTI
1 min read
Bandhan Bank Q1 2023-24 profit slips 19% to Rs 721 crore
Total income during the quarter under review increased to Rs 4,908 crore from Rs 4,385 crore in…
PTI
2 mins read
Manufacturing sentiments, domestic demand up in Q1 FY25, notes FICCI survey
Manufacturing sentiments in India have shown an improvement in the first quarter of the financial y…
ANI
1 min read
Central Bank of India logs Rs.717 crore net profit for Q3
Public sector mortgage lender, Central Bank of India closed the third quarter of FY24 with higher n…
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
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 …
1 min read
BoB Q2 net profit jumps 28% to ₹4,253 crore
Bank of Baroda (BoB) on Saturday reported a 28 per cent rise in its net profit to Rs 4,253 crore fo…
PTI
3 mins read
Paytm Q1FY25 results: Revenue from payment services plunges to Rs 900 crore, monthly transacting users in June dip to 7.8 crore
On the payment services front, the quarterly revenue stood at Rs 900 crore, while on the financial …
1 min read
Forex reserves jump $4.84 bn to new all-time high of $651.5 bn
The previous high for the kitty a crucial guard against any disturbances in the external sect…
PTI
2 mins read
Trading activity to hinge on Q1 results, global trends in holiday-shortened week: analysts
Among major quarterly earnings to be tracked this week are from HDFC Life Insurance Company, Bajaj …
PTI
3 mins read
India’s economic growth expectedly slows to 6.7% in Q1 — lowest in the last five quarters
India's GDP growth slowed to a 15-month low of 6.7% in the first quarter of FY 2024-25 due to weake…
2 mins read
High food prices raise concerns but improved monsoon offers hope for RBI: SBI report
Volatility in prices of food items like tomatoes, onions, and potatoes has challenged India's Monet…
ANI
6 mins read
Earning forecasts for Q4 FY24: Healthcare and cement companies to shine
In the fourth quarter of FY24, Indian companies that bank on domestic demand would have done much b…
2 mins read
Morgan Stanley outlines the best-case scenario for stocks in the 4th quarter
Incoming labor data will be the biggest determinant of the stock market's 4th quarter, according to…