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1 min read
India hands over first consignment of emergency relief materials to flood-hit Nepal
The Indian Embassy delivered 4.2 tonnes of emergency supplies, including sleeping bags, blankets, a…
PTI
3 mins read
RBI projects 7.2% GDP growth for FY25, CPI inflation to moderate at 4.5%
The Reserve Bank of India (RBI) has projected India's real GDP growth for FY25 at 7.2%, while CPI i…
3 mins read
The Fed's interest-rate cut put Trump even more at odds with the central bank
Donald Trump has argued that the Fed would only cut interest rates close to the election to help hi…
Ayelet Sheffey,Brent D. Griff…
5 mins read
PSU bank stocks on a high with room to play
Indian public sector bank stocks have been rallying for the last three sessions – even as the broad…
3 mins read
Indian economy relatively slowed in Q1-FY25, here's what experts have to say
The Indian economy grew by 6.7% in real terms in the April-June quarter of the current financial ye…
ANI
3 mins read
RBI proposes higher liquidity coverage ratio for retail deposits, creation of level-1 high quality assets
The Reserve Bank of India (RBI) has issued a draft circular on the Basel III framework regarding li…
2 mins read
Wayanad Landslide: Kerala Bank waives loans for disaster victims at Chooralmala Branch
In the wake of the landslide disaster at Mundakkai in Wayanad district of Kerala that took place on…
ANI
3 mins read
The PSU rally is likely to continue as stocks still at 40% discount to Nifty50
The Public Sector Undertaking (PSU) stocks have been rallying with several seeing a bull run especi…
2 mins read
Global investments in Indian government bonds firm, attributable to JPMorgan index inclusion
Overseas investments into India's sovereign bonds (or G-Secs) were firm last week with an inflow of…
ANI
8 mins read
ETFs performed better than actively-managed equity mutual funds in FY23
Amid high volatility in the equity markets, exchange-traded funds or ETFs fared better than activel…
2 mins read
India benchmark equity closes in red, stocks of Bank Nifty dip 469 points
Among the sectoral indices, Nifty Bank deteriorated and remained in red while other sectors that re…
ANI
4 mins read
FPIs pump ₹9,677 crore into financial services and auto stocks in April
Foreign portfolio investors (FPI) have started FY24 on a positive note, with strong inflows observe…
2 mins read
Sensex, Nifty scale fresh peaks as inflation cools off; Heavy buying in capital goods aids indices
Equity benchmark indices Sensex and Nifty hit their fresh record levels on Thursday after lower inf…
PTI
2 mins read
Explained: Will thematic funds continue to be attractive in 2024?
Between October 2022 and October 2023, the assets under management (AUM) of sectoral/thematic funds…
1 min read
China's yuan is tumbling amid US sanctions and as central banks boost dollar holdings
China's yuan fell to its lowest value against the ruble in a year as holders eye the impact of sanc…
Jennifer Sor
2 mins read
RBI likely to transfer ₹1 trillion to government in FY25
The Reserve Bank of India (RBI) is likely to transfer approximately Rs 1000 billion to the governme…
ANI
2 mins read
FM Nirmala Sitharaman likely to meet PSU banks heads on Saturday
Finance minister Niramala Sitharaman is scheduled to meet managing directors of public sector banks…
PTI
2 mins read
Taxpayers with income marginally over ₹7 lakh to get relief under new tax regime
In a relief to taxpayers opting for the new tax regime, individuals earning a marginally higher inc…
PTI
3 mins read
Bloodbath in Indian stocks as trends show below par show by BJP-led NDA; Sensex slumps over 4,000 points
Indian stock indices witnessed a bloodbath on the day the Lok Sabha results are being announced, wh…
ANI
4 mins read
Sensex, Nifty50 open higher amid positive global cues; metal, IT, PSU banks top gainers
All sectoral indices were in the green, metal, IT and PSU Banks were the top gainers. Adani Enterpr…