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SBI report projects 8-10% depreciation in rupee during Trump’s second tenure as US President

The State Bank of India predicts the Indian rupee could depreciate by 8-10% against the US dollar i…

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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   


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Lower money creation by RBI, substantial rise in banks profits behind decline in loan-to-deposits ratios in banks: Nomura

One of the contributors to the decline in systemic LDR is the lower net money creation by the RBI o…

ANI   


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Maldives President Muizzu met with PM Modi in Delhi today. Here’s how it went!

New initiatives like RuPay card payments and a currency swap agreement have been introduced, with b…

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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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India handled inflation much better than US, Germany and France: SBI Report

India has demonstrated a largely successful inflation-targeting regime compared to advanced economi…

ANI   


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Markets rebound in early trade on rally in global peers, foreign fund inflows

The 30-share BSE Sensex jumped 428.83 points to 81,951.99 in early trade. The NSE Nifty climbed 154…

PTI   


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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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RBI unlikely to cut interest rate in 2024: SBI chief Setty

"On the rate front, a lot of central banks are taking independent calls. While Fed rate cut wou…

PTI   


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Indian markets ease as profit booking follows record-breaking streak

Market participants were primarily focused on locking in gains after the indices reached record hig…

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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   


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Attention, folks! Bank will remain closed on these days in October 2024

Here's a list of all , both nationwide and state-wise bank holidays you should know about so that y…

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Why has Bernstein called India’s EV sector 'irrelevant'?

Even with hefty incentives, incumbent OEMs are still unprofitable, the report stated.

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Shaktikanta Das receives award for A+ grade in Central Bank Report Cards 2024 in USA

The Central Bank Report Cards, published annually by Global Finance since 1994, grade the central b…

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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…

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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   


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Paytm can onboard new UPI users again, receives NPCI nod months after RBI restrictions

Paytm's parent company, One97 Communications Ltd, has received approval from the National Payments …

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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…

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Muhurat trading 2024: 5 stock picks you can consider this time around

Kotak Securities further notes that FY25 will likely see more broad-based growth across sectors. Ho…