Crosses over 100 million Monthly Transacting Users milestone

RBI Governor Das explains change in stance, emphasizes balanced growth-inflation approach

The Indian unit (INR) closed 0.2 per cent down against the previous close of 83.10. The central bank’s intervention through dollar sales prevented further depreciation of the Rupee, said forex dealers

Bankers are expecting another muted earnings quarter in Q3, and better business performance from Q4 onwards

Reserve Bank of India has decided to designate SGrBs of 10-year tenor to be issued by the government in the second half of the fiscal year 2024-25 as ‘specified securities’ under the FAR

Axis Capital sees the SBI’s loan growth in at 15 per cent vs 16 per cent in the first quarter

Shriram Life sold 2.83 lakh individual policies, a 96 per cent increase from the previous year

Higher non-interest income aids PAT growth; NIM moderates q-o-q

Second quarter standalone net profit declined about 4 per cent year-on-year (y-o-y) to Rs ₹7,621 crore

This is the first time in many months when the bid amount was higher than the notified amount

Earlier in 2024, Sundaram Home Finance bolstered its presence in non-South regions with branch openings in Mumbai and Kota, Rajasthan

The cryptocurrency climbed as much as 4.3 per cent to an unprecedented $79,771 on Sunday

Union Bank of India opens Nari Shakti branches in Bengaluru, Chennai, Visakhapatnam, and Jaipur

A report by Chainalysis says India leads the world on global adoption index for crypto this year

Binance, Zhao and other Binance executives received the funds as part of a July 2021 share repurchase deal with Bankman-Fried, the FTX co-founder who is now in prison

A lump sum investment of ₹10 lakh at the time of inception in October 31, 2002 will be worth about ₹7.26 crore given compounded annual growth rate of 22 per cent

The largest token climbed as much as 6.1 per cent on Sunday and extended gains to hit an unprecedented $82,300 on November 11

Real-time risk assessment using Swiss Re’s digital health solution is expected to enhance efficiency and elevate the customer experience

The strategy is designed to tap into India’s burgeoning wealth market, with the high-net-worth (HNW) client base expected to soar from 0.7 million two years ago to 1.7 million by 2028

The profitability comes despite the public sector bank seeing 111 per cent y-o-y jump in loan loss provisions at ₹1,427 crore 

All 3,443 complaints received in 2023-24 have been disposed, says Sunita Sharma, Insurance Ombudsman 

Forex traders said the US Federal Reserve's recent decision to cut interest rates signals a shift in the global financial landscape.

The stock market indices fall due to foreign fund outflows and weak blue-chip stocks; RBI to unveil monetary policy next month

The stock tanked 4.99% to ₹41.47, its lower circuit limit, on the BSE.

The Competition Commission of India (CCI) investigation finds Zomato and Swiggy breached competition laws with exclusive deals favoring restaurant chains

In Asian markets, Seoul, Shanghai and Hong Kong settled lower while Tokyo ended in the positive territory. European markets were trading lower. Wall Street ended mostly higher

Tata Sons to partner with Singapore in semiconductor industry, showcasing Singapore’s significance in global semiconductor production

Forex traders said the U.S. Federal Reserve's recent decision to cut interest rates signals a shift in the global financial landscape

India’s snacks market, which is worth ₹ 42,600 crore in FY24, is expected to reach around ₹95,500 crore by FY32, registering a CAGR of 11%

Foreign portfolio investors may have rushed to the exit door in record numbers this October, but experts expect domestic investors and pension funds to offset their plays over the medium term

Increase disbursements in ground-level agriculture, focus on asset quality, boost digital and mobile banking service to further enhance financial inclusion: FM to PSU banks, RRBs

Statement from Food Ministry comes in backdrop of the Samyukta Kisan Morcha (SKM) going on protest against the delay in paddy procurement from the State

Coal import demand is likely to remain modest due to the healthy stock position and high volumes being offered through spot e-auctions in the domestic market, mjunction MD and CEO Vinaya Varma said

India has become the second biggest buyer of Russian crude oil since the invasion, with purchases rising from less than 1% of the total oil imported in the pre-Ukraine war period to almost 40% of the country's total oil purchases