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1 min read
Nine of top 10 valued firms add Rs 95,522 cr to market valuation; Reliance, TCS lead gainers
Rising for the fourth straight session, the 30-share BSE Sensex ended 33.02 points or 0.04 per cent…
PTI
2 mins read
SEBI places JSW Cement's Rs 4,000-cr IPO on hold for now
The proposed issue involves a new issue of equity shares worth Rs 2,000 crore and an offer-for-sale…
PTI
2 mins read
With 6.7% GDP growth in Q1 FY25, SBI says full-year growth should be revised downwards to 7%
According to a recent report by the State Bank of India (SBI), the moderation in India's GDP growth…
ANI
2 mins read
Credit growth in banks continues to exceed deposits, says new SBI report
The State Bank of India reported that credit growth in Indian banks has been consistently outpacing…
ANI
1 min read
Mcap of 8 of top-10 most valued firms erodes by Rs 1.66 lakh cr; Reliance, LIC biggest laggards
Last week, the BSE benchmark slumped 1,276.04 points or 1.57 per cent.
PTI
3 mins read
CPI inflation drops to lowest in five years but road ahead could be bumpy: SBI Report
India's CPI inflation dropped to 3.54% in July 2024, the lowest in nearly five years, due to a sign…
ANI
2 mins read
Centre approves appointments of new Chairman, Managing Director of State Bank of India
The central government approved Challa Sreenivasulu Setty as the new Chairman of State Bank of Indi…
ANI
1 min read
Russia's largest bank says it has no problems transacting with India
Sanctioned Sberbank has managed to pivot to processing transactions in rubles and rupees.
Huileng Tan
1 min read
Mcap of 8 of top-10 most valued firms jumps Rs 2.10 lakh crore; TCS and LIC sparkle
In the top-10 table, Reliance Industries retained the title of the most valued firm.
PTI
3 mins read
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…
2 mins read
Adani Group to commission first phase of $4 billion PVC petrochemical project by Dec 2026
Polyvinyl chloride (PVC) — the third-most common synthetic plastic polymer made worldwide — is used…
PTI
2 mins read
RBI imposes penalties on three housing finance companies for non-compliance with directions
The Reserve Bank of India has imposed monetary penalties on three Non-Banking Financial Companies f…
ANI
3 mins read
7 times Russia aided India's space program — in chronological order
The USSR was instrumental in the launch of India's first satellite, and then in sending the first I…
1 min read
SBI raises lending rates by 5 to 10 basis points; New loans to cost more
The State Bank of India (SBI) on Monday announced an increase in its Marginal Cost of Funds Based L…
ANI
3 mins read
Time to push divestment of state-owned banks, says SBI report
With regard to the privatisation of IDBI Bank, it said the government and Life Insurance Corporatio…
PTI
3 mins read
India provided more climate finance in 2022 than many rich nations, noted recent report
India provided $1.287 billion in climate finance to other developing countries through MDBs in 2022…
PTI
2 mins read
Loan sanctioning has gone digital, but recovery still needs a 'feet on the street' approach, says RBI Deputy Governor
He also highlighted one particularly concerning practice that involves the invasion of customers' p…
ANI
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
2 mins read
52.81 crore Jan-Dhan accounts have deposited balance of over Rs. 2.3 lakh crore: Minister of State for Finance
About 35.15 crores or 66.6 per cent of PMJDY accounts have been opened in rural and semi-urban area…