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India Inc. stares at an earnings dearth in Q2, FMCG, auto, and consumer durables falter

Indian companies, particularly in consumer-focused sectors, faced a challenging second quarter due …

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Sensex, and Nifty rebound to greens, metals and banks lead the rally on bourses today

Indian benchmark indices, Nifty and Sensex, rebounded from last week's losses, closing higher on Mo…

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Net NPAs of Indian banks dropped by 24.9% and Gross NPAs by 15.2% as of June 2024: CareEdge

The gross non-performing assets (GNPAs) of scheduled commercial banks (SCBs) fell by 15.2 per cent …

ANI   


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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   


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SBI aims to become first financial firm to cross milestone of Rs 1 lakh crore profit: Chairman

SBI recorded a standalone net profit of Rs 61,077 crore in FY24, registering a growth of 21.59%.

PTI   


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Loan-to-deposit ratio will subside on its own in coming months, notes Motilal Oswal report

As of 9th August, 2024 the Indian banking sector's loan-to-deposit (LD) ratio stood at 77.2 %, whic…

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Market closing : ICICI, HDFC and other private banks shine as Nifty, Sensex hit all-time high

​Amidst broad-based indices, Nifty midcap 50 and midcap 100 closed the day in red. Out of the 2,753…

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1 min read

Fundamental drivers of economy gaining momentum, India on sustainable growth path: RBI Governor Das

In the inaugural address at FIBAC 2024, the governor said that massive changes are taking shape in …

PTI   


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Nifty and Sensex continue downward trend, selling continues despite Trump's victory

Indian stock markets opened flat with a marginal dip on Thursday after Donald Trump's victory, whil…

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Economic Survey pegs growth at 6.5-7%; solidifying India's strong macroeconomic fundamentals: CBRE

Inflation is anticipated to moderate around 4.5 per cent and it reflects a 'well-balanced' economic…

PTI   


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Under strain from war, Russia plans a massive layoff in its public sector: report

Russia is expected to lay off at least 40,000 government officials by July, according to a report b…

Hannah Abraham   


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6 mins read

Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans

India's microfinance and unsecured loan sector is facing a crisis with rising NPAs that threaten ov…

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2 mins read

Stock Market Today: Maruti, Grasim, and Eicher Motors take lead in early trade

Continuing its momentum from yesterday, Maruti opened the day in green and was up by 1.66%. Grasim,…

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Stock market today: Sensex tops 80,000 for the first time; HDFC and Kotak Bank take lead

HDFC, Axis, ICICI, Kotak Bank, and Britannia were among the early gainers on the market today, whil…

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7 mins read

Simply Put: Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans

India's microfinance sector faces increasing challenges due to rising defaults, affecting the stabi…

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2 mins read

Your nest egg is private-equity giant Apollo's 'single biggest opportunity' for growth

Apollo CEO Marc Rowan on Tuesday explained how guaranteeing income for life and 401(k)s stand to be…

Alex Nicoll   


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3 mins read

India could lose a quarter of its economy by 2070 – here’s why

India faces significant risks from climate change, including sea-level rise, extreme heat, and seve…

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1 min read

IndusInd Bank and Tata Power Renewable partner to provide collateral-free solar loans to MSEs

Through this collaboration, Tata Power Renewable and IndusInd aim to ease the transition to solar e…

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1 min read

RBI penalties on banks, NBFCs add up to Rs 40.39 crore for 2022-23

The Reserve Bank of India (RBI) has imposed penalties to the tune of Rs 40.39 crore on banks, non-b…

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2 mins read

Stock market today: PSU, Private banks dip, pharma and healthcare take lead in early trade

Nifty Bank, financial services, and private banks registered over 1% fall, while pharma and healthc…