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Citi suggests that the bond buyback indicates a shift in the RBI’s stance towards easing and could potentially transition to a neutral position.
Bond buyback by RBI
India's unanticipated decision to repurchase bonds suggests that the central bank is taking proactive steps to ease liquidity and could potentially...
Paytm’s stock drops by 4.5% following the resignation of President & COO Bhavesh Gupta; Attention shifts to Q4 results
Paytm news update:
On May 6, shares of Paytm experienced a decline of more than 4.5% following the announcement of the resignation of its Chief...
NBFC update:Ugro Capital Limited has reported a significant 133% surge in net profit, alongside announcing a fund raise totaling Rs 1,332 cr.
NBFC update:
Ugro Capital Limited's shares experienced a rise of 1.04 percent, accompanied by a notable increase in trading volume, surpassing 6.87 times the usual....
Kotak Mahindra Bank’s Fourth Quarter Results Show a 17.6% Increase in Profit Driven by Higher Other Income.
Kotak Mahindra Bank's Fourth Quarter Results:
Kotak Mahindra Bank Ltd. witnessed a surge in profit during the fourth quarter, surpassing analysts' projections. According to an...
Top 5 Hybrid mutual fund
Top 5 Hybrid Mutual Fund
Investments can be broadly classified into three types based on risk – equity (or high-risk) investments, debt (or low-risk) investments,...
Bitget reveals a 166% surge in daily crypto traders, signaling a crypto boom in the Middle East
Crypto Bitget news update
Six Middle Eastern countries witnessed a surge in daily active users on centralized crypto exchanges, reaching 300,000. By the same month...
Mutual funds in India over a 5-year period slump: The leading fund has yielded a total of Rs 5.51 lakh on a Rs 1...
Mutual funds in India:
Investing in mutual funds can be done through two primary methods: lump sum and systematic investment plan (SIP). With lump sum,...
Poonawalla Fincorp achieves its highest-ever profit after tax (PAT) of ₹332 crore in the fourth quarter, driven by robust disbursements.
Poonawalla Fincorp quarterly results
Poonawalla Fincorp recorded its highest-ever quarterly profit of ₹332 crore in Q4 FY24, marking an 84 percent increase year-on-year and a...
Health insurance:Survey finds that 43% of policyholders encountered obstacles when trying to obtain claims following treatment
Health insurance claim hustle:
Nearly 40% of patients encountered obstacles in securing their health insurance claims. A survey revealed that 43% of health insurance policyholders,...
Federal Bank’s net profit for the fourth quarter remained unchanged at Rs 906 crore for the March quarter.
Federal Bank's March quarter results:
Federal Bank reported a consistent net profit of Rs 906 crore in the March 2024 quarter, remaining unchanged from the...
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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...