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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   


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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…

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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   


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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…

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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…

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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   


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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   


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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   


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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   


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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   


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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…

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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   


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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…

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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…

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Market cap of BSE-listed companies touches USD 5 trillion, aided by ongoing rally in Indian stock markets

The market capitalisation of companies listed on BSE has touched a milestone of USD 5 trillion, hit…

ANI   


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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   


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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   


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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…

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4 mins read

Sensex, Nifty50 edge higher amidst volatility: PSU bank, realty and FMCG stocks rise

India’s benchmark indices Sensex and Nifty50 are likely to open in the green on Friday amidst posit…

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5 mins read

Go First Impact: Market capitalisation of 3 PSU Banks down by ₹7,500 crore as investors fret over their exposure to ailing airline

Low-cost airline Go First’s insolvency proceedings have plunged shares of Central Bank of India, Ba…