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RBI:An external member of the MPC asserts that banks need to enhance the appeal of deposits for retail customers
RBI MPC comment
Banks are urged to improve the attractiveness of deposits for their clientele. They often prioritize raising rates for large corporate deposits, which...
GIC’s 10% stake would be sold by the government during the fiscal year 2025
GIC(General insurance corporation of India):
A senior official informed FE that the government is considering selling a stake of up to 10% in the state-run...
India’s net direct tax collection stands at Rs 19.58 lakh crore, surpassing revised estimates by Rs 13,000 crore
Net Direct Tax
India's net direct tax collections for the fiscal year ending March 2024 experienced a robust increase of 17.7 percent year-on-year, reaching Rs...
Invest in gold progressively to whim ages
Invest in gold
With gold prices reaching a historic high of Rs 73,000 per 10 grams this week, retail investors are advised by experts to...
HDFC Asset Management Company’s Q4 outcomes show a rise in net profit to ₹541 crore, with the announcement of a dividend
HDFC asset management
In the fourth quarter, HDFC Asset Management Company (AMC) revealed a 43.8% increase in its standalone net profit to ₹541 crore. The...
Manappuram Finance plans to secure funds of up to $500 million through external commercial borrowing.
Manappuram Finance
On Friday, gold loan provider Manappuram Finance announced that its board has sanctioned the raising of up to $500 million (approximately Rs 4,100...
The Nasdaq undergoes a precipitous decline of over 2%, solidifying its sixth consecutive day of losses, with Nvidia plummeting by 10%.
The Nasdaq news update
The Nasdaq Composite extended its decline for a sixth consecutive session on Friday, marking its longest losing streak in over a...
The “Halving” of Bitcoin Reduces the Supply of New Tokens, Posing a Threat to Miners.
"Bitcoin Halving"
It poses a potential setback for firms that profit from maintaining the smooth and secure operation of the digital currency.The event, occurring once...
Tata has requested approval from the Reserve Bank of India (RBI) to bypass the requirement of listing its Non-Banking Financial Company (NBFC)
The TATA sons NBFC news update:
The Tata Group has petitioned the Reserve Bank of India (RBI) for an exemption to forego the obligation of...
Jio Financial Services Limited 4th quater result: Company post 310.63cr profit, Net interest income 280cr
Jio Financial Services Limited quarterly result update:
On April 19, Jio Financial Services disclosed a net profit of Rs 310 crore for the January-March quarter...
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Exito Media Concepts presents the 31st edition of the future industry summit – Saudi Arabia 2026
Saudi Arabia’s manufacturing sector is entering a pivotal phase of transformation, driven by rapid advancements in smart factory technologies, AI-led automation, industrial IoT, robotics,...
Intellect’s last twelve months revenue crosses INR 3000 crs in Q3 FY26
Intellect Design Arena Ltd., a global leader in AI-first financial technology, today announced robust financial results for the last twelve months (LTM) ending December...
Shriram Finance’s Unnati Fixed Deposit programme receives AAA ratings
Shriram Finance Limited (SFL), the flagship company of the Shriram Group, announced that its Fixed Deposit Programme has been assigned a 'CARE AAA; Stable'...
Hyperscale Data Bitcoin Treasury at 560.0363 bitcoin
Hyperscale Data, Inc., an artificial intelligence ("AI") data center company anchored by Bitcoin ("Hyperscale Data" or the "Company"), today announced that its Bitcoin treasury, consisting of BTC generated from...