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4 mins read
SVB Bank failure serves as a wake-up call for Indian startups
The French say "Plus ça change, plus c'est la même chose" - which means that the more things change…
1 min read
RBI to act early to prevent any risk to India's fastest growth potential: Guv Shaktikanta Das
Reserve Bank Governor Shaktikanta Das on Thursday said India is one of the fastest growing major ec…
PTI
4 mins read
OPINION: Green finance — need of the hour for net-zero transition — is gaining momentum in Indian economy!
In addition to the government and companies, there is increased interest from banks, NBFCs, venture…
3 mins read
Small and mid-cap funds record net inflows in August, SIPs hit a record
In August, there was a surge in net inflows into equity-oriented schemes, reaching a five-month pea…
3 mins read
Indian bank deposits better protected than in US: SBI report
Analysis of insured customer deposits across multiple geographies initiated in the wake of bank run…
ANI
3 mins read
US Treasury Secretary Yellen reaffirms June 1 as hard deadline to raise the debt ceiling
"I indicated in my last letter to Congress that we expect to be unable to pay all of our bills in e…
ANI
3 mins read
Anil Agarwal makes 'zero debt' pledge, says 'very comfortable' servicing debt
Mining mogul Anil Agarwal has said his Vedanta group has ample cash flow to service all its debt re…
PTI
2 mins read
India's forex reserves sufficient to cover 11 months of projected imports
India's foreign exchange reserves which have reached an all-time high are sufficient to cover 11 mo…
ANI
4 mins read
After relief from Indian government, Vodafone Idea reportedly turns to banks for a loan recast
By opting for the moratorium, Vodafone Idea was able to free up its cash-flow by up to ₹60,000 c…
5 mins read
Fervent Bitcoin trading approaches fresh supply crunch; Here’s what this week’s ‘halving’ event implies
Bitcoin's recent surge to record-breaking highs has left many scratching their heads in awe. Within…
6 mins read
Bitcoin’s bizarre hike renewed enthusiasm last quarter! What does the future hold for investors?
In the ever-evolving landscape of finance, few phenomena have captured the imagination and attentio…
2 mins read
RBI’s temp measure to absorb surplus liquidity caused by ₹2,000 note inflows
The Reserve Bank of India (RBI) on Thursday said that scheduled banks shall maintain an incremental…
2 mins read
FPIs invest Rs 26,505-crore in Indian equities in December
Foreign portfolio investors (FPIs) injected Rs 26,505 crore into the Indian equity markets in the f…
PTI
2 mins read
World Bank pegs India's FY24 GDP growth at 6.3% as global headwinds emerge
The World Bank has forecast India's GDP growth for 2023-24 to be at 6.3% as global headwinds are em…
2 mins read
India's balance of payments shows improvement in Q1 FY24
One of the standout features of India' 2023-24 was the substantial narrowing of the Current Account…
ANI
4 mins read
Indian lenders like SBI, Axis Bank and others need $20 billion in capital— most of it will go into filling up NPA holes
Unwilling to take risks and facing rating downgrades, India’s banks, including the biggest State Ba…
2 mins read
Nirav Modi's solar power plant up for auction to salvage PNB dues
The Debt Recovery Tribunal-I here has put up a solar power plant belonging to a group entity of the…
2 mins read
Adani group’s refinancing needs are relatively low in near term: Jefferies
The Jefferies equity research report on the Adani group states that the conglomerate has a consolid…
3 mins read
Indians’ love for travel is so strong that it’s boosting credit card spends
Holiday and wedding season, a decline in Covid cases and an appetite for revenge tourism has result…
2 mins read
IDFC First Bank raises ₹1,500 crore via tier-2 bonds in domestic market
IDFC First Bank has raised INR1,500 crore ($206m) through tier-2 bonds in the Indian bond market. T…