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3 mins read

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   


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3 mins read

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…

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2 mins read

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…

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8 mins read

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   


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5 mins read

Cementing dominance: Birla vs Adani, of Chaebols, conglomerates, and National Champions

Ultratech and Adani aggressively acquire smaller cement companies. Does this consolidation resemble…

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1 min read

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…

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3 mins read

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…

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3 mins read

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…

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2 mins read

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…

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2 mins read

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…

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1 min read

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 (…

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2 mins read

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   


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3 mins read

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…

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3 mins read

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,…

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1 min read

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   


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2 mins read

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   


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1 min read

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   


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4 mins read

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 …

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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   


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2 mins read

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…