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Airtel Payments Bank introduces interoperable NCMC-enabled debit and prepaid cards: Advantages, acquisition process, and additional details
Airtel Payments Bank
Airtel Payments Bank has unveiled its environmentally friendly debit and prepaid cards enabled with NCMC (National Common Mobility Cards). Through a collaboration...
HDFC Life’s fourth-quarter results reveal a 13.7% year-on-year profit increase, surpassing expectations, reaching Rs 411.64 crore.
HDFC Life's fourth-quarter results:
Private sector insurer HDFC Life Insurance reported a fiscal fourth-quarter profit of Rs 411.64 crore on Thursday, marking a 13.7% increase...
Bank of America’s profit declines due to reduced interest payments from customers
Bank of America Quarterly result:
In the first quarter, Bank of America experienced a decrease in profit as its consumer division weakened and it wrote...
Morgan Stanley predicts that there won’t be any rate cuts from the RBI this fiscal year.
Morgan Stanley prediction on RBI monetary policy:
Morgan Stanley's economists anticipate that the Reserve Bank of India's Monetary Policy Committee (MPC) might refrain from lowering...
The IMF has increased its GDP growth forecast for India in FY25 by 30 basis points to 6.8%.
IMF on Indian GDP
The International Monetary Fund has revised its projection for India's GDP growth in the fiscal year 2025 (FY25). The organization raised...
Jio Financial and BlackRock’s joint venture is set to introduce services in wealth management and broking
Jio Financial and BlackRock deal:
On April 15, Jio Financial Services declared that it has initiated a partnership with BlackRock, a US-based company, to delve...
Indian Stock market kept on fall 3rd day in a row. Here are some reasons.
Indian Stock Market Live update
Due to escalating tensions in the Middle East stemming from the Iran-Israel conflict in Gaza, coupled with the increase in...
Turkey’s central bank records a loss of $25 billion for the year 2023
Turkey's central bank
In 2023, the Turkish central bank experienced a loss of 818.2 billion liras ($25 billion), marking a significant shift from previous years...
China Vanke says it has plans in place amid short-term liquidity pressure:Reuters
Acording to news agency Reuters,China Vanke, a state-supported real estate developer, has acknowledged encountering short-term liquidity constraints and operational challenges. However, the company stated...
India’s foreign exchange reserves surged by $2.98 billion to reach a new pinnacle of $648.562 billion at the week’s conclusion.
foreign exchange reserves update
RBI announces a $2.98 billion surge in forex reserves, reaching a new pinnacle of $648.562 billion.In September 2021, the nation's foreign...
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Bitmine Immersion Technologies (BMNR) announces ETH holdings reach 4.203 million tokens, and total crypto and total cash holdings of $14.5 billion
Bitmine Immersion Technologies, Inc. ("Bitmine" or the "Company") a Bitcoin and Ethereum Network Company with a focus on the accumulation of crypto for long...
Samco Mutual Fund launches India’s first actively managed momentum-based Mid-Cap Fund aiming to capture the next phase of India’s growth
Samco Asset Management Private Limited today announced the launch of the Samco Mid Cap Fund, India’s first actively managed momentum-based mid-cap fund, seeking to identify and...
Digital lending drive: PSBs sanction ₹52,300 Crore to 4 lakh MSMEs in nine months
In a significant boost to micro, small, and medium enterprises (MSMEs), Public Sector Banks (PSBs) have sanctioned over 3.96 lakh loan applications amounting to...
Shadowfax Technologies IPO opens January 20; Details here
In a significant move in the primary market, Shadowfax Technologies Ltd., a high-growth technology firm, has filed its Draft Red Herring Prospectus (DRHP) with...