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1 min read
Federal Bank shares surge 8 percent after September quarter earnings announcement
Shares of Federal Bank soared up to 8 per cent after the firm reported an 11 per cent increase in n…
PTI
1 min read
HDFC Bank Q2 profit soars 5% to ₹16,821 crore
Total income increased to Rs 85,500 crore during the quarter under review against Rs 78,406 cro…
PTI
2 mins read
Individuals earning over Rs 10 cr rise by 63% in India; financial assets of high net worth individuals to nearly double by 2028
A recent report shows a significant increase in wealthy Indians, with those earning over Rs 10 cror…
1 min read
Profit of public sector banks expected to decline by 0.6 percent QoQ : Motilala Oswal
As the earnings season for the second quarter of FY25 unfolds, public sector banks (PSBs) are expec…
ANI
2 mins read
In the long run, rate cut by Fed will be favourable for most US banks: Moody's
"Initially, the rate cuts will be credit negative for most US banks. We expect their deposit costs …
ANI
2 mins read
Indian banks to have steady growth in earning over next 3-4 years, fees from unsecured lending may dip, notes Jefferies report
Jefferies reports Indian banks are poised for steady earnings and return growth over the next 3-4 y…
2 mins read
Wipro Q1FY25 results: Net income jumps 4.6% YoY to Rs 30 billion, operating margin at 16.5%
At 34% of the total quarterly revenue, banking, financial services & insurance was the company's bi…
2 mins read
Hindustan Unilever shares tumble over 6% post Q2 results
Shares of FMCG major Hindustan Unilever Ltd (HUL) on Thursday tumbled over 6% after the firm report…
6 mins read
The basic income myth: cash discourages work
Guaranteed basic income critics often argue cash discourages work. Experts and participants say tha…
Allie Kelly
5 mins read
A millennial FIRE couple shares how moving abroad and living on a $50k income helped them quadruple their net worth to $700k in 6 years
A millennial shares how living abroad and only spending one of their incomes helped them more than …
Jacob Zinkula
3 mins read
Tech Mahindra profit jumps over 2-times to ₹1,250 crore in Jul-Sep quarter
Revenue rose by 3.49 per cent to Rs 13,313.2 crore in the second quarter of 2024-25 compared to…
PTI
5 mins read
From ALICEs to HENRYs, here's what people across the tax brackets discuss in therapy
Therapists shared what their clients talk about with Business Insider. While ALICEs struggle with t…
Serafina Kenny
2 mins read
IEX Q4 net profit grows 9.5% to ₹97 crore
The company's total income rose to Rs 149.28 crore, from Rs 129.58 crore in January-March FY23.…
PTI
2 mins read
India to clock 7% growth in FY25 despite headwinds: Deloitte
According to Deloitte projections, growth is likely to be 6.7% in the next fiscal year (2025-26). T…
PTI
2 mins read
SBI Life Q4 profit rises 4% to ₹811 crore
Net premium income in Q4FY24 stood at Rs 25,116 crore as against Rs 19,897 crore in the year-…
PTI
2 mins read
Assets under management of retirement mutual funds jumps 256% in 5 years
ICRA said the growing awareness has led to a surge in the number of folios, which has increased by …
3 mins read
Texas lawsuits keep challenging guaranteed basic income programs, calling no-strings-attached cash 'unconstitutional'
Texas Attorney General Ken Paxton filed a lawsuit to block a Houston-area guaranteed basic income p…
Allie Kelly
4 mins read
Universal basic income: Should the government give ‘unconditional money’ or ‘freebies’ to the poor?
This is where results of the experiment conducted by Sam Altman’s OpenResearch could help shed some…
2 mins read
External borrowings to meet capital needs putting pressure on bank's net interest margins, says a report by SBI Securities
The banks in the country are facing challenges due to a slowdown in deposit growth, according to a …
ANI
6 mins read
Budget 2024-25: New tax regime sweetened by FM, hikes standard deduction to Rs 75,000
More than two-thirds of taxpayers have availed of the new Income Tax regime, as per Nirmala Sithar…