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India's gold loan market set for rapid growth amid rising prices; unorganized sector holds 63% share, notes recent PwC report
Indian households are estimated to possess approximately 25,000 tonnes of gold, valued at around Rs…
ANI
India's pile of bad loans could be at least 1.5 times bigger in the next 9 months
The moratorium on paying back loans, which was brought into effect in March, has kept a cloak on…
Crunching Numbers: 12 PSBs end Sept quarter notching up ₹25K+ cr net profit
On September 7, Finance Minister Nirmala Sitharaman had lauded all the 12 PSBs for their outst…
Hindenburg target SEBI chief, she calls charges baseless, Adani says no commercial relationship with SEBI head
Madhabi Puri Buch and her husband Dhaval Buch in a joint statement strongly denied the "baseless al…
PTI
Cementing dominance: Birla vs Adani, of Chaebols, conglomerates, and National Champions
Ultratech and Adani aggressively acquire smaller cement companies. Does this consolidation resemble…
Banks' non performing assets hit a six year low, says CARE Ratings
Even though the gross non-performing assets (GNPA) of scheduled commercial banks in India has hit a…
Have foreign assets or income? Not disclosing it may lead to heavy penalties
Recently, the IT Appellate Tribunal of Mumbai imposed a penalty of ₹10 lakh per year on taxpayers w…
Economic Survey shows India's energy needs to grow 2.5x, healthy growth in formal employment
Over the last decade, the manufacturing sector managed to mark an average annual growth rate of 5.2…
Stock market today: India VIX up by 3%, NTPC, BPCL take lead in early morning trade
Ahead of the budget, which is set to be presented tomorrow, all broad market indices opened the day…
HDFC’s net profit grows by 19% but its non performing assets swell sequentially
HDFC Bank today reported a 19% growth in the first quarter of FY23 net profit to ₹9,169 crore, from…
YouTube to bring 30-second non-skip ads to connected TVs
Google-owned YouTube has announced that it will introduce 30-second non-skip ads on connected TVs (…
Jio Financials gets RBI nod to become Core Investment Company
Jio Financial Services has received the nod from the Reserve Bank of India (RBI) to convert into a …
ANI
The benefits of diversification: Why asset allocation matters
Asset allocation is a crucial strategy that can help investors achieve a balance between risk and r…
Explained: With markets volatile, why multi asset allocation funds seem attractive
The markets have been in a bull run from the start of this financial year. Since April, the Nity50,…
India's forex reserves jump $2.56 bn to $644.15 bn
For the week ended April 5, the reserves had hit an all-time high of USD 648.562 billion follow…
PTI
Bank of Maharashtra tops list of public sector lenders in loan growth, asset quality
The Bank of Maharashtra (BoM) has emerged as the top performer among state-owned lenders in terms o…
PTI
India's foreign exchange reserves fall to $573 bn
In the week ended August 5, the fall in the foreign exchange reserves was due to a dip in the F…
PTI
These NFT courses offer everything you need to know to deep-dive into the world of digital assets
As crypto, NFTs are also gaining traction in the overall global market. Experts say the NFT market …
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
Axis AMC, Tishman Speyer to build sustainable offices in India
Axis Asset Management and New York based Tishman Speyer intend to develop commercial projects acros…